STOCKS AND SHARES

New Zealand Herald, Volume LXXIV, Issue 22724, 10 May 1937, Page 5

STOCKS AND SHARES

.THE AUCKLAND EXCHANGE

METAL ISSUES IMPROVE

Trading for the week closed quietly in the investment market on the Auckland Stock Exchange at the single call on Saturday. Buyers came in strongly i for Government loans, but sellers held back and only one issue was dealt in. Among banking issues both New Zealands and 'Nationals of New Zcalaiuls were a shade easier. Insurances tended to firm. Pastorals again presented a strong front. Dominion Breweries continued to hold late rates in a transaction at 42s (kl. Metal shares improved. Broken Hill Proprietary gained .'id in dealing at 84s 3d. Electrolytic Zinc, preference, were lifted Sd on sale at 59s Bd, while the * ordinary issue also strengthened. Consolidated Bricks failed to hold the recent improvement and values eased. There was a firmer tendency in Wilsons Cement.

MINING SHARES IN LONDON LONDON, May 7 On the mining market to-day Mount Lyclls sola at 40s 7Jcl, arul New Guinea Gold at 2s 2id. BRITISH ALUMINIUM COMPANY The British Almninium Company, Lnr.ited, London, after setting aside -50.000 to depreciation reserve, raises: it to £1:300,000. and £50.000 to 5fi SP > rve fund, increasing it to ~1.250,000, showed a profit for 1936 of £•>61,158, including the amount brought *°rwarrl. This-"compares with £302.228 Jor 1935, when £55,374 was brought forWan ', but nothing was placed to reserve. The dividend on ordinary capital f raised to 10 per cent tor the year > m I$ l )or cent. m December, 1936, the British AluCompany, in conjunction with tr i .' Ot^ro l ; vtic,Zinc Company of Ausniasja. Limited, registered British T;, U^l u V lni (Australia) Proprietary, r , Melbourne, to manufacture aiummiura in Australia.

1 CLOSING QUOTATIONS Buyers Sellers £ s d £ s d BANKS Australasia — 12 10 0 Commercial of Aus. 0 10 3 0 19 6 Ditto (pref.) .. 9 S 0 9 11 0 E.. S. and l\. .. — 6 12 6 Nat. nf N.Z. 3 2 6 3 4 0 New South Wales . 37 10 0 3S 0 0 Ditto (Sydney rep.) 37 10 0 — New Zealand 2 3 6 2 4 3 D Mort., 20s pd. 1 6 0 1 7 0 Queensland Xnt. . 5 10 0 — Union of Australia 11 3 0 — INSURANCE National- — 0 17 9 New Zealand 3 1 6 3 2 3 South British 4 13 0 4 11 G LOAN AND AGENCY Abraham-Williams ;ord.) — 4 5 0 Dominion Invest. — 0 1G 0 Farm. Co-op. Auci. (i'5 paid) 4 5 0 4 13 0 Ditto (il paid) 0 13 6 0 15 0 Ditto (A prcf.) 1 2 0 — Ditto IB pref.) 1 1 ») 1 2 G Goldsbroueh - Mort 1 18 3 1 18 9 ' . Newton King (pf.) 0 7 0 0 9 0 N.Z. and River G Plate — 1 0 N.Z. Loan and Mere. 48 0 0 52 0 0 N.A- Farm. Co-op. o a 0 0 3 3 Ditto (B pref.) 0 11 6 0 12 3 0 Traders' Finance . 0 11 0 0 15 1 Ditto (con.) 0 4 7 0 4 9 Ditto (pref.) .. — 0 19 0 • Unite! p. Bldg. 6 (Auck.) 1 0 0 1 1 "Wriffht-Stephenson . 0 IS 9 — Ditto (pref.) . . 1 0 0 — Winchcombe-Carson 1 15 COAL 9 Pukemito — 0 19 3 Renown — 0 12 0 Ditto (pref.) .. 0 2 S 0 3 0 Taupin 0 1G 0 0 17 0 West port 1 3 9 — 10 West port-Stockton. 0 2 0 0 2 Ditto (ircf.j .. 0 4 GAS 3 0 4 10 Auckland (paid) . 1 0 3 1 1 3 Ditto (con.) .. — 0 15 3 Wellington — 1 17 0 SHIPPING Devonport Steam 1 0 0 1 1 3 Howard - Smith . . — 1 3 0 Huddart - Parker. — 2 0 0 North. Steamship 0 4 9 (paid) 0 4 7 Ditto (con.) 0 1 o 0 1 G P. and O. (def. 2 2 stock) , -. 2 y 6 3 TIMBER Kauri 1 3 0 1 3 7 Leyland - O'Brien — 1 1 6 National 0 12 0 0 14 0 Taupo Totara — 9 0 9 6 Taringamutu 0 14 WOOL AND TEXTILE Kaiapoi (paid) .. 0 14 0 0 14 4 Ditto (ccn.) — . 0 5 9 Ditto (prcf.) . . — 0 IS 0 Oamaru — 0 19 10 Yarra Falls 2 1 0 0 11 0 Ditto, (rights) .. — BREWERIES C. L. Tnncs 1 5 0 — 0 Dominion, 2 2 0 2 3 Ditto (pre!.) .. 2 2 0 2 3 2 '2 3 Do. (new issue) 2 i 0 0 J. Staples 1 15 0 — Tooths 2 17 0 MISCELLANEOUS A.-J- Entrican and 1 0 0 Sims (pref.) . — Australian Glass . 4 13 g 4 15 0 Aus. Iron (prcf.) 1 G 0 1 G 9 British Tobacco . 2 9 G 2 10 0 Broken Hill Pty. 4 4 0 4 4 3 Bu^ns-Philp — G 3 12 9 Bycroft 1. IS 1 19 9 0 Colonial Sugar .. 45 0 0 45 15 Consol. Brick 0 8 0 0 8 4 Dental & Medical 0 11 6 0 13 G Dominion Fert. .. 1 3 0 1 4 9 Donaghy's Rope . 2 13 0 1. 1. 1 G 0 0 Dunlop-Perdriau . 1 1 0 <• ' i Electrolytic Zinc . 2 IS 0 2 19 3 0 1 2 Ditto (pref.) .. Farmers' Trading . 2 19 1 1 0 0 Ditto (A pref.) 1 3 0 — 6 Ditto (B pref.) 1 3 0 1 3 Do. (new issue) 0 6 (fully paid) . 1 0 1 1 Do. (new issue) 0 0 1. 0 o 10 O 9 0 (-Is paid) .. — Gen. Industries .. — 0 G. J. Coles 5 8 Grey and Menzies 0 11 9 0 5 0 K.D.V. Boxes (con.) 0 11 0 Ditto (paid) .. ' Lewis Eady, Ltd. 0 14 G (pref.) McKendrick Bros. (pref.) Macky, Logan .. 1 2 0 1 0 1 3 0 3 Milne and Choyco 0 15 9 0 17 Do. (deb stock) 0 10 O 0 Do. (pf., 7 p.c.) 1 2 G 2 11 0 M.K. Millinery .. — 0 Ditto fcrfn.) . 1 5 Milburrt Lime 1 10 0 0 Morris Hcdstrom . 1. s 0 13 1. 0 3 G 0 0 Morts Dock 0 12 9 New Ak. Laundry 0 18 0 N.Z. Drug.3 12 0 3 15 N.Z. Farm. Fert. . 1 0 3 1 1 N.Z. Refrig. (pd.) 0 19 0 0 9 1 0 1 3 Ditto (con.) 0 0 0 North. R. Milling 0 15 Ditto (pref.) . • — Palmer Collins and 6 Whitakf r .. 1 7 110 1 4 0 5 0 10 Peters Ice (N.Z.) . — 0 o 3 0 8 9 Robinson lcc Cream Sanford Ditto (pref.) 1 2 0 5 Shillings 0 18 0 5 1 1 1 13 - Taranaki Oil 0 4 11 c } Waldas Shoes 1 o (» 3 G Wilsons Cement . . 1 12 0 Wnolworths (N.Z.) 7 17 0 8 2 Ditto (Sydney) 1 19 0 (1st pref.) .. Ditto (Sydney) 3 (2nd r>ref.) . - 1 7 Ditto (Victoria) 0 (pref.) 1 6 N.Z. GOVT. LOANS Bonds— 0 15/11/3R-41, 3'■>/. 101 0 — 1."»/2/43-40, 4 . 102 1". 0 — 15/4/40-40, 4 . 102 10 0 — l.v/r,/.yj..t-, • 4 . 101 0 0 Stock— 0 1.->/7/3!Mt. 3 . 00 0 — Mar., 30-13, 3% 100 (1 0 —" Nov. as-.-)? nv-i 102 0 o — Sep., 30-13, 3Vs 100 0 0 — Mav, 33*4 n 0 — 15'11/38-tl, 101 0 0 — 0 15/2/43-10, 4 . 103 0 0 101 0 15/4/40-19 1 . 102 5 0 103 0 0 15/6.'52-55. ' 4 . 101 5 O 104 15 0 15/1/53-57, n'A 98 0 0