STOCKS AND SHARES

New Zealand Herald, Volume LXXIV, Issue 22714, 28 April 1937, Page 7

STOCKS AND SHARES

THE AUCKLAND EXCHANGE ACTIVITY IN INDUSTRIALS Industrial issues dominated business in the investment market on the Auckland Stock Exchange yesterday, when trading was more active. A feature was a fairly sharp decline in Broken Ilill Proprietary shares, which closed with a sale at'7os 6d, a drop of 2s 3d. This is the lowest price recorded for this issue this year. Electrolytic Zincs also weakened and both issues wore marked down in dealing. Buyers withdrew at the close. There was also no buying support for G. J. Coles after transfers at £5 6s 3d and I's 6s, a fall of 9d. Consolidated Bricks changed hands 9d lower at 8s 3d, the lowest level this year. Business passed higher in Dunlop-Perdriaus. Among the New Zealand industrials Claude Neon (N.Z.) made a strong forward movement, gaining 3s to 31s. In the first transaction since the new capital was issued, Farmers' Trading dropped back Is to 225, although the B preference issro finned. New Zealand Newspapers moved forward slightly. Tnranaki Oils weakened. ' Government loans were dull, while hanks were quietly strong. Among insurances Nationals were easier, while New Zcalands maintained late rates.

MACKY, LOGAN, CALDWELL ANNUAL MEETING HELD A final dividond of •'!} per cent, mak- i injl 6 per cent for the year, was do- , clnred at the annual meeting of Markv. Logan. Caldwell, Limited, yesterday. The chairman of directors, Mr. H. M. Rogerson, presided. hi moving the adoption of the report and balance-sheet, the chairman said the past year's trade had represented an increase of 22 per cent in turnover. That had been secured without any material increase in operating costs, resulting in an improved net profit. flie retiring directors, Messrs. Hogerson and J. 11. Self, were reelected.

CLOSING QUOTATIONS Buyers Sellers £ s d £ s d BANKS Australasia 12 17 G Commercial of Aus. 0 1!) 8 0 19 9 Ditto spref.) U 7 6 9 9 0 En?., Scot. «£ Aus. (i 10 0 6 11 0 Rational of N.Z.. . 3 2 0 3 4 0 Nat. A'asia. (i'opd.) — 7 19 () New South Wales 37 7 <> 37 15 0 Ditto <Syd. Reg.) 37 7 fi New Zealand 2 1 fi 2 4 8 D mortg., 20s pd. 1 (i 0 10 9 INSURANCE National O 17 7 0 17 11 New Zealand 3 0 9 3 1 9 South British -1 12 9 ■1 15 0 LOAN AND AGENCY Abraham £ "Williams (pref.), 4 7 G 5 0 0 Dominion Invest... — 0 10 0 Farm. Co-op. Auct. (£o pd.) 4 3 0 4 15 0 Ditto (£X pd.). . (j) 13 6 0 1-1 i) Ditto (A pref.) 1 2 0 Ditto sB pref.) 1 1 3 1 3 0 Goldsbroueh - Mort — 1 IS 0 Newton. King (pf.) — 0 9 (I N.Z. k River Plate —. 1 1 0 N.Z. Loan <?- Merc. 47 0 0 52 U O N. Auek. Farmers () 2 7 Ditto (B pref.) 0 11 3 Oil 9 Traders' Finance — 0 15 0 Ditto (con.) 0 4 3 0 4 10 United Per. Bldg. (Auck.V 1 0 6 1 1 G Wright-Stephenson (ord.), 0 IS 0 — Ditto (pref.) . . 0 19 G — COAL Pukemiro — 1 0 fi Renown — 0 12 0 Ditto (pref.) .. — 0 3 0 Taupiri 0 Hi (i 0 17 4 West port Wcslport i Stockton 1 2 9 . — 0 2 0 0 2 5 . Ditto (pref.) . . 0 4 0 0 4 6 GAS Auckland (pd.) . . 1 0 0 119 Ditto (con.) 0 14 9 0 15 0 Christchurch — 1 !) 0 Thames — 0 7 0 Gishorne — 0 7 G Wellington — 1 17 0 SHIPPING Devonport Steam.. 1 0 0 1 1 3 North. Steam (pd.) 0 4 7 () 4 10 Ditto (con.) 0 1 1 0 1 5 P. & O. (def. stk.) — 2 3 6 TIMBER Kauri 1 3 Q 14 0 Leyland-O'Brien .. — 12 0 National O 12 0 — Taupr. Tofara 0 s 9 0 0 4 Taringamutu 0 14 3 WOOL AND TEXTILE Kaiapoi (paid) . . 0 14 0 0 14 4 Ditto (con.) 0 5 0 0 5 0 Ditto (pref.) .. Yarra Falls' — 0 IS 0 2 1 0 2 2 6 BREWERIES C. L. Innes 1 5 0 — Dominion 2 2 9 2 3 3 Ditto (pref.) . . 2 2 9 2 3 6 Ditto (new,issue) 2 1 3 2 2 3 New Zealand 2 10 0 3 0 0 MISCELLANEOUS Anthony Hordern 0 19 3 Entrican & Sims (pref.) — 10 0 Australian ;Glass.. 4 11 6 4 12 fi Aus. Iron (pref.). . 1 6 3 17 3. Berlei (N.Z.) .. 3 0 0 3 fi 0 British Tobacco .. 2 !> r, 2 10 0 Broken Hill Pty.. . 3 18 G 3 19 9 Ditto (con.) — 3 15 0 Bycroft. Ltd. — 2 10 1 Claude Neon (N.Z.) 1 12 (5 1 11 0 Colonial Stiear . . 4\ 1(> 0 4-> 2 '» Consol. Brick 0 8 0 0 8 G Dental and Medical — 0 12 G Dominion Fertiliser 1 3 fi — Donaghy's Rope . . 2 13 n 2 15 0 Dunlop - Perdriau I 0 (i 1 1 0 Electro. Zinc — 2 17 0 Ditto (pref.) . . — K 2 18 fi Farmers' Trading t 1 12 0 Ditto (A pref.) 1 3 0 — Ditto fB pref.) 1 3 0 1 3 3 Ditto (new issue) 0 0 6 1 0 fi 5 G 0 (4s paid) .: — Gen. Industries .. — G. J. Coles 0 11 Grey and Menzies 9 2 6 0 10 0 Henry Jones —- Hume Pipe (Aust.) — K.D.V. Boxes 0 5 3 fcon.) — 0 Ditto (paid) 0 11 Lewis Eady (pref.) 0 14 0 McKendrick Bros, (pref.) .— 0 10 0 1 4 6 0 17 0 0 10 o Macky, Logan .. 1 3 Milne and Choycc — Ditto (deb. stk.) 0 15 0 M.K. Millinery . . 2 7 0 1 13 0 0 13 10 1 0 0 1 1 o 119 0 1 2 0 1 3 3 Ditto dOs paid) 1 7 (5 Moris Dock — 0 New Ak. Laundry 0 IS N.Z. Fertiliser . . 1 o r; o N.Z. Newspapers.. 1 17 North. Roller Mill. — Ditto (pref.) . ■ 1 2 3 Palmer, Collins & Whitaker Sanford . . / 1 7 0 5 6 0 0 0 0 0 1G 9 Ditto (pref.) .. — 8 Shillings 0 10 0 4 1 1. 7 fi 1 2 0 1 11 0 8 2 0 1 Taranaki Oilfields 0 3 11 Union Oil — 0 ! Waldas Shoos • ■ 1 1 Wilsons N.Z. Cement — 0 i Woolworths (N.Z.) 7 12 Ditto (Syd., 1st 1 39 pref.) 3 fi Ditto (2nd pref.) 1 0 • Ditto (Victoria, L 0 (5 met.) ■■ N.Z. GOVT. LOANS Bonds— LV 1753-5,7, «y a 9* " 0 —— 4 . . 102 15 () ].Vt'Hi.|!i. 4.. 1< II 15 0 . 15 ■<; -V'-.v,. 4 .. lo3 15 0 Stock---0 15:7/39.11,' 3 .. 05 io Mar., 39-13, 3", 1"" o ) Nov., 3S-V2, 3% 101 17 J Sep. i:t :t 1 /. Kid o ) May. 39-52. 3V' I'M 17 i 10 11) 0 l.V'_>'.i:s-ii>, i . h 2 15 > "J 0 0 1 15 o 1.-, 1 KM!), i . . 11 2 <> ) 10 in 2-v», i . idi " I 10 15/1/53-57, 3'4 us 7 ; DEBENTURES Auck. Bar. Board, 9/7/51 .. R 5 0 0 100 JO U Wansamii Har. B., l 1/39 — 101 0 y> City of Auckland, 0 0 I ' ! ! I-.Y_\ i", 10 S o 0 10. Ditto, 11-1!) . 1< > o o Jo. 0 0 Auck. Klcc. 1'. lid.. ::<)• t/1-vtS .. 101 0 J 100 o u Amai. Brick- (Ak.), 1 :S/ H 7", . . 0!) 0 0 100 0 U Ditto <Wstlon.). Ill 3/1 1, ~ W 2 — 100 0 0 Gisborne Slieepfarmers, 31/s/Il, OVa 00 0 0