STOCKS AND SHARES

New Zealand Herald, Volume LXXV, Issue 23052, 1 June 1938, Page 9

STOCKS AND SHARES

THE AUCKLAND EXCHANGE BANK SHARES EASIER Although a slight improvement was shown after the weakness displayed the previous day, business was again very quiet in the investment market on tlio Auckland Stock Exchange yesterday. Selling pressure was less evident, however, and, although support was still weak, oilers for several issues advanced a shade. That caution is still a dominating factor was indicated by the strong inquiry for gilt-edged and general issues improved during the day. Banks also gave an indication of tho general hesitancy of the market. Commercials of Australia and Nationals of New Zealand both were marked down, . while support for New Zealands weak- • ened after two'transactions at an advance, and further business was done at laic rates. There wero no offers for Commercials of Australia at the close, and buyers had reduced their limits for .Nationals of New Zealand. Insurances also tended easier. Leading industrials »were a shade firmer. Broken Hill Proprietary changed • hands at late rates, and more wero wanted at tho close. Uliers for Electrolytic Zincs also were higher. Support for Colonial Sugars improved, and sellers reduced limits, but no business was recorded. Glass and ■'British Tobacco both tended easier, but holders.of G. J. Coles hardened. There was a marked advance in quotations for Taranaki Oil.

CLOSING QUOTATIONS Buyers Sellers £ s d £ s d BANKS Australasia — 10 0 0 Commer. of Aus. — 0 10 0 Ditto (prof.) . . 0 5 0 9 9 0 National of N.Z. 2 11 10 o 12 3 Sew South Wales 31 10 0 32 0 0 New Zealand 2 4 7 2 4 9 D Sforts. (20s paid) . 1 £> 0 1 30 3 Union of Australia S 3 0 8 12 6 INSURANCE National 0 17 7 0 17 10 --- New Zealand 2 17 0 o IS 0 South British 2 6 3 2 7 0 LOAN AND AGENCY Dominion Invest. 0 IS 3 0 IS 9 Farm. Co-op. Auct. (£5 paid) . . 3 17 0 4 o 0 Ditto (£2 paid), — 1 12 0 Ditto (£'t L'aid) — 0 15 0 Ditto (B pref.) ■ 1 1 0 1 1 0 GoldshrouKh-Mort 1 0 0 1 1C 0 N.Z. A itiver Plate 0 10 G — N.Z. Guarantee .. — 0 4 9 N.A. Farmers (A - prrf.) . Traders' Finance — 0 17 0 (con.) 0 4 2 0 5 0 United Perns. Bids. (Auck.) COAL 1 0 3 Grey Valley — 0 12 9 Benown 0 0 0 0 11 0 Ditto (pref.) .. — 0 2 7 Taupiri — 0 15 0 Ditto (pref.) .. 1 1 0 — Westport-Stockton 0 2 9 0 3 1 " Ditto (pref.) . ... 0 5 GAS 9 0 G 3 Auckland (pd.) .. 1 0 4 1 0 0 Ditto (con.) 0 14 0 0 14 4 SHIPPING Dcvonport Steam 1 1 3 Huddart Parker 2 5 0 — North. Steam, (pd.) — 0 4 10 Ditto (con.) .. 0 0 10 0 1 4 P. & 0. (def. stk.) — 1 8 0 Union Steam (pf.. ei div.) 1 5 0 1 7 0 TIMBER Bartholomew — 0 17 0 Kauri 1 0 0 1 1 3 Leyland O'Brien — 0 IS 0 National 0 7 0 0 S 0 llotoiti — 0 4 3 • Taupo Totara (ord.) — 0 6 3 Ditto (pref.) .. — 0 10 0 Taringamutu — 0 13 G . WOOL AND TEXTILE Kalapoi (paid.) .. 0 10 0 0 11 0 Ditto (pref.) . . — 0 17 0 Manawatu Knitting Mills — 1 10 0 Mosgiel — 10 0 0 BREWERIES Dominion — 1 17 6 Toohey's 1 10 0 1 10 9 Tui —- 2 10 0 MISCELLANEOUS Alloys Steel (N.Z.) — 1 1 0 Austi Glass — 4 12 9 Aus. Iron & Steel (pref.) 1 7 0 1 7 11 Berlei (N.Z.> ' .. — 3 7 0 British Tobacco 2 G 9 2 7 9 Ditto (pref.) .. — 1 11 0 Broken Hill Pty. 3 0 0 3 0 0 Ditto (con.) .. 1 15 9 1 17 0 Bycroft, Ltd. 2 0 0 2 1 0 Claude Neon (Syd.) — 0 o 9 0 , Colonial Sugar .. 46 10 47 0 0 Consol. Brick — 3 0 9 0 Dunlop ' Perdriau 1 0 1 1 0 Electro. Zinc 1 10 0 1 17 0 Ditto (pref.) . . 'farmers' Trading 'A 0 6 2 2 0 1 0 9 1 1 G Ditto (A ore!., ex div.) . a 1 1 0 — Ditto (B pref.. ex div.) 1 0 3 — Ditto (new issue) — 0 12 0 Gordon and Gotch 2 12 0 — Gear Meat — 0 10 0 G. J. Coles 4 1 0 4 2 0 Grey and Menzies 0 12 0 0 13 0 Henry Jones — 2 8 0 Hill and Plummer — 1 0 0 H.M. Theatre (ord ) — 1 0 0 Ditto (pref.) ... — 1 1 6 0 Hume Pipe (Ausfr.) — 1 0 K.D.V. Boxes (con.) — 0 4 0 Lewis Eady (plet.) 0 15 3 — McKendrick Bros; (ord.) — 1 0 0 McKenzies — 3 0 0 • Macky. Logan ;. 1 3 0 1 4 0 MaeDuff." (ord.) .. — 1 0 0 Milne arid C'hoyce (deb. sik.) ;. 0 14 0 0 15 6 M.K. Manufacturers 0 9 0 0 10 0 Morts Dock 0 0 0 0 10 a New Ak. Laundry — 1 1 0 N.Z. Druff — 3 8 0 N.Z. Fertilizer .. — 0 10 0 N:Z; Newspapers 1 15 9 1 17 3 N.Z. Paper Mills (rights) 0 0 10 0 l 0 N.Z. Paper Mills — 1 2 0 North. Holler Mill. (ord.) 0 19 0 1 0 9 Ditto (pref.) .. 1 1 0 — R. G. Kain (ord.) — 0 17 0 Ditto (pref.) .. — 1 0 0 Palmer. Colling & Whitaker 1 11 0 — Peters Ice (N.Z.) 1 4 0 1 9 0 Radio (1930) 0 10 0 Robinson Ice 1 3 0 1 5 0 Sanford (ord.) — 5 0 Ditto (firef.) .. — 0 15 0 Taranaki Oil 0 8 7 0 8 10 Union Oil 1 3 0 Walrakei 0 0 0 — Wli it tome-Stevenson }Vilsons Cement.. 0 30 9 1 0 1 17 0 0 W nnlwort lis (N.Z.) — 1 1 0 Ditto (S.vd.) 1 0 8 1 0 10 Ditto (Sydney. 0 3 10 prop. rights) 0 3 9 Ditto (Syd., 2nd pref.) 1 7 0 — OVERSEAS LISTINGS Woolworths Ildirb. (S. Africa) .. 0 15 8 0 10 0 N.Z. GOVT. LOANS Bonds— 15/7/39-11, 3 . . 07 10 0 — 15/1/53-5V. 3V a 08 0 0 00 0 0 15/2/43.10, 4 .. 102 10 0 103 10 0 t-V-t/4ii-10, 4 .. 102 10 0 103 15 0 15/6/52-55.4 104 7 6 — Stock— 15/7/30-41, 3 . 08 0 0 — 15/1/.-, 3-57, 3'/ a OS 12 « Oil 5 0 l-Vl 1/38-41 3/i 00 r, 0 — 15/2/43.40, 4 .. 102 10 0 — 15/4/40-40 4 . . 102 10 0 —■ l.V(i/.Y_>.r,5, -1 .. 104 10 0 104 15 0 15/0/-11 -4tf. :VA 100 5 0 — Miir,, 30-43. :VA too o 0 — ;;ov., :!S..v_', ,T/j 101 17 0 102 5 0 fpp-, ay 2 100 0 0 — „ May, 30-52, ;?y 3 101 15 0 — Um'wealth Bonds. 15/10/44 101 5 0 — Debentures Ak. Harbour Bd., 9/7/00 103 10 0 Ditto, 0/7/10 . . 101 0 0 — Ditto, 0/7/40 . . 100 0 0 Ditto, 0/7/53. .. _ 100 10 0 Liitlo, 0/7/57... _ 107 0 0 MJ- Albert, 1/7/52 _ 107 0 0 wt - Eden, 1/10/58107 0 0 03 Ditto. 1/8/07.. 100 0 0 •Thames County, 30/0/41 102 0 0 Ar »al. Brick (Ak.), 0 o .. 90 0 0 100 0 Ditto (Wjtton). 0 0 D ; J l/3/lI, 0.. , Uootn • Ma_cdonald. 05 10 0 100 Sisbotne Sheepfa'rm09 0 0 —• "6. 31/S/ll, U'/a 101 0 0 r*»