STOCKS AND SHARES

New Zealand Herald, Volume LXXV, Issue 23061, 11 June 1938, Page 11

STOCKS AND SHARES

THE AUCKLAND EXCHANGE INTEREST IN TARANAKI OILS An easier tone was evident in the investment market on the Auckland Stock Exchange yesterday. A fair volume of business was put through, but price levels generally showed a downward trend.

The upward swing in oil shares was maintained at the morning call, when Taranaki Oils changed hands at an advance on tho previous day's business. Further sales were recorded around late rates, but at the close business was done 4d below Thursday's rates. Moturoa Oils changed hands at steady levels, but offers were reduced later. Gilt-edged and banks again came in for a fair measure of support, with offers for the latter tending a shade firmer. Auckland Gas were slightly easier on sale. There was more interest in timber shares, Bartholomews changing hands 2s lower than the previous business at the beginning of last year. Support for other timber shares strengthened. Australian issues again weakened. British Tobacco were marked down a shade on sale, and offers were appreciably reduced later. Colonial Sugars also tended easier, while both leading metals continued to lose ground. Electrolytio Zincs clearly showed the weaker tone of the market during the past few weekß in transactions 6s 9d ana 6a lower than the previous business on April 30. Woolworths (Sydney) showed a further slight easing on sale. CLOSING QUOTATIONS

PRICES OF METALS LONDON, June 0 Following are to-day's quotations on the London metal market, compared with those of June 8: — June 0 June 8 Per ton Per ton jC 8 d £ 8 d Copper, stan., spot 34 3 1% 34 9 4% Copper, stan., 3 mos. 34 8 1% 34 14 4% Copper, electrolytic 38 5 0 38 10 O to to 39 5 0 30 10 0

Copper, elect., wire bars 30 5 0 30 10 o Lead, soft, spo' . . 13 3 0 13 7 6 ■Lead soft, forward 13 6 10% 13 10 7% Spelter, spot 12 5 7% 12 8 1% Spelter, forward .. 12 9 4% 12 11 10% Tin, stan., spot .. 169 17 6 171 7 6 Tin stan., 3 mos. 170 17 6 171 17 6

Buyers Sellers £ s d £ s d BANKS Australasia 0 12 6 10 0 0 Com. of Aua. O 15 8 0 15 11 Ditto (pref.) .. — 8 8 6 Com. of Sydney . 20 15 0 National of N.Z. .. 2 12 9 2 13 6 New South "Wales 31 10 0 31 15 0 New Zealand 2 4 8 2 4 9 Ditto (D Mort.. 20s paid) 1 9 6 1 10 6 Union of Australia 8 7 0 8 12 6 INSURANCE New Zealand 2 17 0 2 18 0 South British 2 6 6 2 7 6 LOAN AND AGENCY Dominion Invest. . 0 18 3 0 18 9 Farm. Co-op. Auct. (£2 paid) .. 1 12 0 Ditto (£1 paid) 0 15 0 Ditto (B pref.) 1 1 9 Goldsbrough • Mort — 1 9 0 N.Z. and River Plate 0 10 6 _ N.Z. Guar. Corpn. — 0 4 8 N.A. Farm Co-op. (A pref.) Traders' Finance — 0 17 0 (con.) 0 4 3 0 5 0 United P. Building (Auck.) COAL 1 0 3 Pukemiro 0 19 0 Renown 0 9 3 0 10 9 Ditto (pref.) .. 0 2 5 — Taupiri .. — 0 15 3 Westport-Stockton . Ditto (pref.) .. 0 3 0 0 3 2 0 6 GAS 0 Auckland (paid) 1 0 4 1 0 8 Ditto (con.) — 0 14 4 SKIPPING Devonport Steam . 1 0 6 — Northern Steamship (paid) Ditto (con.) 0 0 10 0 4 0 1 9 1 P. 4 O. (def. stk.j — 1 7 6 Union Steam (pf.) — 1 7 0 TIMBER Bartholomew 0 15 6 0 18 0 Eanri 1 0 0 Leyland-O'Brien 0 16 6 0 18 0 National — 0 8 6 Rotoiti — 0 4 3 Taupo Totara (ord.) 0 5 0 0 6 3 Ditto (pref.) .. — 0 10 0 Taringamutu 0 12 0 0 13 0 WOOL AND TEXTILE Kaiapoi (paid) Ditto (vet.) .. 0 10 0 0 11 0 16 6 9 BREWERIES Dominion _ 1 17 6 New Zealand 2 2 0 Tooths 2 13 0 2 14 6 Tui — 2 10 0 MISCELLANEOUS Anthony Hordern . 0 19 0 Ditto (pref.) .. —' 1 3 6 Australian Glass .. 4 12 3 4 13 6 Aust. Iron'(pref.) 1 7 5 1 7 10 British Tobacco . 2 6 0 2 8 0 Ditto (pref.) .. Broken Hill Pty. — 1 11 6 2 18 6 2 10 6 Ditto (con.) — 1 17 0 Bnrns-Philp — 2 12 9 Bycroft 2 0 0 2 1 6 Claude Neon (Syd.) — 2 8 6 Colonial Sugar .. 47 0 0 47 15 0 Consol. Brick — 0 8 11 Dunlop-Perdriau 1 0 4 1 0 10 Electrolytic Zinc 1 15 0 1 16 6 Ditto (pref.) .. Farmers' Trading . 2 1 0 2 1 6 1 0 9 1 1 O Ditto (A pref.) 1 1 0 — Ditto (B pref.) 1 0 3 — Gear Meat — 0 16 6 G. J., Coles 4 1 0 4 2 0 Grey and Menzies 0 12 6 0 13 6 Henry Jones ... — 2 8 0 Hill and Plummer 0 18 0 1 1 0 H.M. Arcade Theatre (ord.) — 1 0 0 Hume Pipe (Aust.) — 1 0 0 K.D.V. Boxes (con) — 0 4 0 Lewis Eady (pref.) 0 15 3 — McKendrick Bros. (ord.) — 1 0 0 McKenzies . — 3 7 0 Macky, Logan .. 1 3 0 1 3 0 MacDuffs (ord.) .. — 0 18 6 Moturoa Oil 0 4 10 0 5 3 Milne and Choyce 0 15 6 (deb. stock) . . 0 14 0 M.K. Manufacturers — 0 10 6 Morts Dock 0 10 7 0 11 0 New Auck. Laundry — 1 0 6 N.Z. Drug — 3 8 6 N.Z. Farm Fert. — 0 10 6 N.Z. Newspapers . 1 15 3 1 16 6 Northern R. Milling 8 1 1 0 (ord.) 0 19 Ditto (pref.) .. R. G. Kaln (ord.) . 1 1 0 0 17 0 Ditto (pref.) .. — 1 0 0 Palmer, Collins and Whitaker 1 11 O 1 5 0 Peters Ice (N.Z.) — Radio (1936) — 0 19 0 Robinson Ice Cream — 1 5 0 Sanford (ord.) — 0 5 0 Ditto (pref.) . — . 0 15 6 Taranaki Oil 0 11 7 0 11 10 Union Oil, Soap .. 0 6 1 3 6 Wairakei 0 1 0 6 Whittome-Stevenson. -— "Wilsons Cement .. — 3 0 17 0 0 Woolworths (N.Z.) 1 0 1 0 Ditto (Sydney) . 1 0 6 1 0 7 Ditto (Sydney, 0 3 0 10 prop, rights) . 0 3 •Ditto (Sydney, 1 1 2nd pref.) 3 OVERSEAS LISTINGS Woolworths Holdings (S.A.) 0 15 10 O 16 2 N.Z. GOVT. LOANS Bonds — 15/2/4.3--10, 4 . . 1.5/4/40-40, 4 . . 102 5 102 15 0 0 103 10 103 10 0 0 15/6/52-55, 4 . . Rural. 15/0/47, 5 104 5 102 0 0 0 103 15 0 Stock — 15/7/30*41, 3 . 15/1/53*57, 3% • 15/2/43-46, 4 . 15/4/40-49. 4 15/6/52-55. 4 . . 08 0 102 5 102 10 104 2 0 0 0 6 08 10 103 5 103 0 104 12 0 0 0 0 15/9/41*43. 3% . Mar., 30-43. 3% Nov., 38-52. 3% 100 5 100 0 0 0 100 10 102 2 0 6 DEBENTURES Auck. Harbour Bd., 101 -0 104: 10 0 0 Dit/o/o/7/40 106 0 107 0 0 Ditto! 9/7/57 . — 0 City of Auckland, 1/1/44 „ •• 103 5 0 Bay of Plenty P.B.. 1/10/05 — 107 0 0 Wait l/il t /60, 3'yf 03 0 Mt. Albert, 1/7/61 — Ditto. 1/7/67. .. — 0 08 0 107 0 107 0 0 0 0 Mt. Eden. 1/10/5863 Ditto 1/4/50-61 106 0 0 — 105 10 0 Amal. Brick (Ak.), 1/3/44, 6 . . 06 0 0 100 0 0 Do. (Wellington), 31/3/44, 6 Gisb'ne Sheepf'm s, 95 10 0 100 0 0 31/8/41, 6/3 . 101 0 0