STOCKS AND SHARES

New Zealand Herald, Volume LXXV, Issue 23011, 12 April 1938, Page 7

STOCKS AND SHARES

ifl-HE AUCKLAND EXCHANGE better tone develops Under the influence of more favourable reports from overseas a brighter tone was evident on the Auckland Stock Exchange yesterday. Buyers operated more freely in most sections of the market and levels of a wide range of investments wore distinctly firmer at the close. A feature of trading was a stronger market for Farmers' Tradings. This company completed its financial year \on .March ,'U and since then support for the shares has steadily improved. Leading Australian issues all met with better inquiry which was reflected jn rises on sole in (». J/Coles, Woolworths (Syd). Broken Hill Proprietary - (Con.) and Electrolytic Zincs. Allowing for the call of os paid in the new Broken Hill Proprietary shares at the of 'ast month these shares showed a rise of (id on previous business. The fully paid shares wore sought vesterday Is ;kl higher at 59s (3d withoutbusiness resulting. CLOSING QUOTATIONS

MARTHA DIVIDEND 'YEAR'S RATE UNCHANGED FINAL OF I/- A SHARE Cabled advice has boon received b.v Mr. .J. H. G. JJanks. attorney for the Martha Gold Mining Company XWaihi), Limited, tliat at tbo general meeting to he bold in London on May 5 the directors 'will recommend a final dividend for the year ended December of Is n share (free of income tax), /payable on May 0. With the interim dividend of Is a share paid in .November tbo distribution for the year is 2s a os share, equal to -10 per cent. The dividend is paid in sterling.'The rate is unchanged.

CALL AND DIVIDEND LIST - , Due N.Z. Drue—l'miil, VA p.c\; bonus r> s a shiirr Jo-day Aortlieru Holle/ Mills—3% P-c. , r , j pa Jo-day Okarito Dredging— (> 'J-H p.c., equivalent to Id a share . , In day South British rnt.. h'jd a share Apt. II Cambridge Clothing—final, .'5 )>.<*. A|»l. I t larra Falls—int., old, ls ; new, -<n •' ,l ' a sharp . . Apl. 11 Woolworths (S.vd.) final, !> p.c. Apl. !•> » 00l wort lis (N.Z.) —pref., int., T . , p.C. . . Apl. !•> Lniled Provisions - int., pref., 8 P.r. n.a Apl. Amalgamate! Wireless —int.. 5 p.v. Apl. !<0 Aust Iron anil Steel —pref., 7li P-e. p.a (less statutory reduction) half-year to May 1, lt»:l I . . May '2 E.S.A. RanV;—int.. H'/a P-f. sterling, less British income tax May 16 htaiii—--1 Burns-Philp—new, 5s a share .. Oct. 1

Buyers Sellers l s (I £' s d BANKS Com. of Aust,' . . 0 16 1 0 16 4 ' Com. of Sydney . 20 15 0 3 National of N.Z. . 2 15 0 2 15 2 3 Ne* Zealand 2 3 - 9 Ditto. 1) Mort. ejus pa id i 1 >) 0 Union of Au»t, .. S 12 0 8 15 0 INSURANCE National 0 17 G New Zealand 3 0 2 5 0 3 South British 2 1 9 LOAN AND AGENCY Dominion Invest. & Bank. Assn. 0 IS 0 0 18 0 Farm. Co-op. A'uct. (io paid) 3 17 0 Ditto (A pref.) .1 2 0 Ditto (B pref.) 1 1 U Goldsbrough • Mort 1 10 9 N.Z. Guar. Corp. 0 3 9 If.A. farm. Co-op. (A pref.) — 0 17 6 Ditto <B pref) 0 10 3 0 11 6 Traders' Finance (con.) . . ' 0 4 3 0 4 10 Ditto (pref.) . . 0 17 0 1 0 0 United Perm. BIdfj. (Auckland) 0 10 0 "Wright-Stephenson (pref.) 1 1 0 — COAL Kenown (pref.) 0 2 5 Taupiri <) l(i 9 0 17 6 Ditto (pref.) . . 1 1 0 "West port 1 3 6 West port-Stock ton 0 2 4 Ditto (pref.) .. 0 5 GAS 3 — Auckland (paid) . 1 0 1 Ditto (con.) 0 14 11 Pahiatua . ' .. —■ 0 8 6 SHIPPING Devonport Ferry . 1 0 6 Northern Steamship (paid) 0 4 4 0 4 7 Ditto (con.) 0 0 11 0 1 o P. A 0. (def. stk.) 1 5 9 TIMBER Bartholomew 0 IS 0 ' Le.vland-O'Brien O 1!) o National .. 0 s 6 Eotoiti 0 4 fi Tauiio Tptara 0 5 3 0 (i 3 Ditto (pref.) .. O 19 0 Tarinsramutu , .. — 0 14 6 WOOL AND TEXTILE JJaiapoi (paid) — 0 11 9 BREWERIES Dominion 1 15 i) 1 IS 0 Ditto (pref.) .. 1 10 0 New Zealand o y 2 4 0 Tui — 2 12 0 MISCELLANEOUS Alloys Steel (N.Z.) 0 IS 0 Aust. Glass . . 4 U 0 4 11 0 Anst. Iron <£ Steel (1'refj . .. 1 7 0 Beriet (N.Z.) 3 10 0 3 British Tobacco .. 2 0 (i Broken Hill 1'ty. . 2 ly ti 3 0 3 Ditto 'toil.) 1 15 0 1 10 (J Burns-Phi lp 2 14 0 : v^ Ditto" (ton., 10s paid) — 1 IS ■ 6 Bycroft, Ltd. 2 0 t> 2 2 0 Claude Neon (N.Z.) 1 7 0 Colonial Sugar 47 0 0 47 7 6 Con. Brick A Pipe U 7 10 0 S 1 Dunlop-Perdriau , . 1 1 3 Electro. Zinc J. 2 0 9 2 2 0 Ditto (pref.) A Farmers' Trading 2 5 0 2 7 0 1 0 3 I 0 5 Ditto (B pref.) 1 1 0 1 2 0 Ditto (con.) .. 0 7 6 0 IO o Gear Meat 0 17 (i Gen. Industries .. — 1 0 0 G J. Coles 3 10 0 4 0 0 Grey and Menzies 0 13 0 0 14 o Hill and Plumnier — 0 If) 0 H.M. Theatre lord.) — 1 0 6 Ditto • (pref.) 0 IS a 1 2 0 Lewis Eady (pf) — 0 10 0 Macky. Logan 1 3 s 1 4 0 Milne and Choyce (deb. stock) —. 0 15 (! U.K. Manufacturers 0 10 0 0 11 3 Morts Dock 0 10 8 0 11 *2 New Atirk Laundry — 1 1 0 > N.Z. Farm. Fert. 0 17 0 — •N.Z. Newspapers, . — 1 17 6 N.Z. Refriff 'con.) — 0 8 3 -Northern Holler — 1 0 o Peters Ice (N.Z.) 1 5 (i 1 10 0 Bobinson Ice 1 3 0 1 5 o Sanford (pref.) .. — 0 15 0 Taranaki Oil 0 6 3 o rt 5 Union Oil . — 1 o 0 "Wil.son« Cement . — f) 17 9 Woolworths (N.Z.) — 1 1 7 Ditto fSyd.) l l : 10 1 2 3 Ditto (Syd., 2nd pref.) . — 1 8 0 Troth (N.Z.. pref) — 1 0 6 OVERSEAS LISTINGS Woolworths Holdings 0 15 (S. Africa) 0 15 o 7 N.Z. GOVT. LOANS Bonds— 15/4/46-19, 4 . . 301 0 0 '—• l.VGZ52-55. 4 101 0 U — Stock — 0 15/7/39-41, a .. 97 10 — I'll I /53-">7, :iYi - 98 5 0 — 6 15/2/43-40, 4 .. — 102 2 15/1/40-49. 4 . . — 104 10 0 35/6/52-55, 4 . . 104 0 0 104 10 0 15/9/11-13. 3% 1I»0 0 () — G Mar.. 3SM3. V 4 (I!) 15 1) 100 7 Nov.. a8-52. 3"* 103 2 fi — Sen.. 3V, 00 15 (1 — 0 May. 39-.V2. 'V' 2 101! 0 0 103 10 XJom'wealth Bonds 1 — nr. io n 15/10'! t. 3 .. — 15/10/44, 4 . . 103 0 0 —' DEBENTURES Anok. Harb. Bd.. 106 0 9/7/40 .. 105 10 0 0 •City of Auckland, 105 0 1/1/41-00 — 0 Amal. Brick (Auck ). 0 1/3/14, 0 00 0 " Ditto ("Welling.'), 0 ' 31'3/-1 t. o .. oo o • Glfb. Sheepfarmcrs, 31/8/4 I, a'/, ..'100 10 0