STOCKS AND SHARES

New Zealand Herald, Volume LXXV, Issue 23083, 7 July 1938, Page 9

STOCKS AND SHARES

THE AUCKLAND EXCHANGE SOME EASIER MOVEMENTS The easier trend discernible in the investment market at tho close of Tuesday's business was more noticeable on the Auckland Stock Exchange yesterday. Metal issues fell back from the previous /lay's peaks and some of the front-rank' Australian industrials lost a little ground. Business as gauged by the number of transactions completed was substantially less, with a swing toward giltedged securities, which for the most part were obtained at late rates. Inquiry/ was steadily maintained for hanks, but selling quotations were difficult to obtain. Insurances were also in greater demand and Now Zealands advanced on sale. Although popular issues dependent upon tho metals market lost ground, the main body of Australian investments showed considerable resistance to the easier turn in the market. The pause was reflected to some degree in Broken Hill Proprietaries, which were quoted down to 59s 6d. The ground lost in other issues was slight, while Australian Glass were definitely firmer. New Zealand issues, in which a fair turnover was recorded, were steady to firm.

BRITISH WAR LOAN British .•"Wireless RUGBY, July "> War loan, 3} per cent, is quoted at -102 15s, compared with £lO2 7s 6c! yesterday. ) MINING SHARES IN, LONDON LONDON. Ju, y 5 On the thininc market to-day Mount sold at 23s lid and Bulolos at to Us 3d.

r 1 . » v Fi rit FINANCMf L® AN • ;u * < 2&r STOCKS AND SHARES THE AUCKLAND J EXCHANGE SOME EASIER MOVEMENTS The easier trend discernible in th 1 investment market at tho close c Tuesday's business was nioro noticeab' on the Auckland Stock Exchange yes tcnlay. Metal issues fell back from th I previous /lay's peaks and some cif th front-rank' Australian industrials los a little ground. Business as gauged by the number o transactions completed was substant I ally loss, with a suing toward cilt edged securities, which for the mos part were obtained at late rates. Inquiry/ was steadily maintained fo banks, but selling quotations were difli cult to obtain. Insurances were als in greater demand and Is'ew Zealand I advanced on sale. 1 Although popular issues dependeu I upon the metals market lost ground the main body of Australian invest ! incuts showed considerable resistance t the easier turn in the market. Th pause was reflected to some degree ii Broken Hill Proprietaries which wcr - quoted down to 59s 6d. The ground los in other issues was slight, while Aus ; traiian Glass were definitely firmer New Zealand issues, in which a fail turnover was recorded, were steady tc ' firm. CLOSING QUOTATIONS Buyers Sellers £ S d £ 8 d BANKS Australasia,- .. 9 12 0 Com. of .Mi?. .. o 15 n 0 16 0 Ditto ipref.) .. J) 4 (1 E: S.. and A. .. t 19 0 National of. N.Z.. . 15 3 2 16 0 National of A'asia (ion.) . . 0 10 0 New South "Wales 31 5 0 31 15 0 New Zealand . . 'J 3 o 2 3 0 Ditto (T> Mort., 20s paid) . . 1 9 0 1 10 0 Union of Australia SOU — INSURANCE National .. 0 IT 3 New Zealand .. i l.'i 0 2 10 3 Queensland .. 2 10 3 2 12 0 South British .. 2 5 0 2 0 0 LOAN AND AGENCY Dalscty .. .. — S 5 0 Dominion Invest. . — 0 IS 9 • Farm. Co-op. Auct. (£5 paid) . . 4 7 0 Ditto paid) — 112 0 Ditto (ft paid) — 0 15 0 Ditto (B pref.) 1 0 0 1 1 (» -7 Goldsbroush Mort ISO 1 9 0 Newton King (pf.) 0 S 0 0 10 0 N.Z. and Eiver Plate . . 0 11 0 Traders' Finance iron.) .. — 0 5 0 Ditto (pref.) ... 0 17 0 10 0 United Perm. Bids:. (Auck.) .. — 10 3 COAL Renown . .. 0 9 3 0 10 3 Ditto (pref.) .. 0 2 7 — Taupiri .. .. Oil 0 0 15 0 West port . .. — 15 0 "Westport-Stockton . 0 3 0 0 3 10 Ditto (pref.) .. 0 0 4 0 6 9 GAS Auckland (paid) . — 10 0 Ditto (con.) .. 0 13 11 0 li 0 SHIPPING Devonpin Steam .10 3 — Huddart • Parker (ord.) . . 2 5 0 —- Northern Steamship (paid) .. — 0 4 9 Ditto (con.) . . 0 0 9 0 1 0 P. & 0. (def. stk.) 13 9 — Cnion Steam (pf.) — 10 9 V TIMBER • Bartholomew . . 0 15 0 0 18 0 Ttanri .. .. 115 — r ■ Leyland • O'Brien — 0 IS 0 National v ..0 7 0 — Taupo Totara (ord.) 0 5 3 0 0 3 Ditto (pref.) .. — 0 19 0 WOOL AND TEXTILE "Frit and Textiles . 1 10 9 — *-"• Kaianoi, (paid) .. 0 10 0 0 11 0 Ditto'(.con.) .. — 0 4 0 Ditto (pref.) .. — 0 10 'J , BREWERIES Dominion . .. 1 15 0 1 10 0 New Zealand .. 2 2 0 2 3 3 Tooths .. .. . 'J 13 9 2 14 9 MISCELLANEOUS Aust. Alibis Steel 0 7 0 — .Alloys Steel (N.Z.) — 110 =*■ ." Anthony Hordern (ord.) 0 17 0 — Ditto (pref.) . . — 13 0 ' Australian Glass.. 4 12 0 4 13 0 Aust. iroo ,,(prcf.) 1-7 0 17 9 Berlei (N.Z.) .. 3 1 0 3 5 0 Booth - Macdoaald (pref.) .. 0 1 11 0 2 0 British Tobacco .. 2 7 3 2 7 0 Ditto (pref.) ..' 1 10 0 1 11 0 Broken Hill Pty. 2 IS 0 2 19 ti Ditto (con.) .. — 1 10 6 Burns, Philp .. 2 10 0 — Do. '(new issue) — 2 19 By croft . . . . — 220 Claude Neon (N.Z.) 14 0 10 0 Colonial Sugar .. 40 7 0 40 10 0 Consol. Brick . . — 0 S 3 Dunlop-Perdrian . 113 119 Canterbury Frozen Meat .. — 10 2 G Electrolytic Zinc . 2 1 0 2 3 0 Ditto (pref.) .. 2 5 0 2 0 9 Farmers' Tradinsr. 10 0 10 5 Ditto (A pref.) 110 — Ditto (B pref.) 10 3 — Gear Meat .. • — 0 15 0 G. J. Coles 4 3 0 4 3 0 Grey and Menzies 0 12 9 — Henty Jones .; — 2 S 0 - .Hill and Plummer — 110 H.M. Arcade Theatre (ord.) . . — 10 0 dume Pipe (Aust.) — 0 19 9 K.D.V. Boxes (con.) 0 2 9 — McKcmirick ,, Bros. (ord.) ' .. — 10 0 McKcnzies . 'i — 3 3 0 Macky. Lozan .. — 13 0 ' .MacDuffs (ord.) .. — 0 IS 0 "Moturoa Oil . . 0 5 4 0 5 9 Jlilne and Choycc (deb. stock) ... 0 14 6 0 15 0 " M.K. Manufacturers — 0 1 f ' 5 Morts Dock 0 It 3 0 12 0 • New Auck. Laundry — 10 0 N.Z. Drua .. 3 7 9 — N.Z. Farm. Pert. . o 19 0 — „ N.Z. Newspaper." . 1 14 0 1 35 0 N.Z. Rffng. (con.) — 0 S 0 Northern S T!. Milling (pref) ' 110 —• ■' Palmer Collins and Whitaker . 1 15 0 2 O n Peters Ire (N.Z.) . — " Radio (1930) .. — 0 18 0 Reid 'N.Z.) Rubber Mills . . — 1 9 2 Robinson Ice Cream 12 3 1 } ' Sanford (ord.) .. — ® Ditto (pref.) .. —■ 0 Jo G Sharland 'ord.)' .. 0 15 9 — • Ditto (pref.) .. 0 10 0 0 19 0 Taranaki Oil, .. 0 13 0 0 14 0 ..Union Oil, Sogp .. — 13 0 Wairakei 0 0 0 "Whittome-Strvenson . — 1 "Wilsons f'ement . 0 10 7 0 16 11 Wnolwortb* (N.Z.) 10 3 1 1 ? Ditto (Sydney) .110 1 1 - , "W. It. Carpenter . 2 3 6 OVERSEAS LISTINGS "Woolworlhs Hold- „ < ing.s (S.Africa) 0 J*> 0 0 lo s } N.Z. GOVT. LOANS ' / Bonds— \ 15/7/39-11 3 . . 97 5 0 — 2 15/1/53-57, 3',j . 97 0 0 — 15/2/43-4 U, 4 .. 102 O 0 —• 15/4/40-49, 1 .. 102 0 0 — 15'0/52-55, 4 .. 102 0 0 —* 1 Stock — 15/7/39.11, 3 . 97 5 0 — \ .15/2/43-40 4 .. 102 0 0 —• 15/4/10 )9 4 .. 102 0 0 102 10 0 15'fi/.V2-r,r, • 4 10-J 5 0 102 7 O 15/9/) 1 -13. 3/v . 100 5 0 — Mar., ;s:vi;!. 3% loo o 0 — DEBENTURES J Auckland Harb Bd. 9/7'to ..' 102 0 0 — „ Ditto. 9/7/59 ..105 0 0 107 10 0 Ditto. 9/7/HO .. — 108 0 0 ij( City of Auckland, , ,1/1 Ml .. 101 5 0 — T Anck. Hospital Bd., „ 1 /0'50 . . — 10 1 0 0 i Mt. Albert. 1/7/03 102 10 0 — I Amal. Brirk (Ak.), 9 1'3 II 0 . . 97 0 0 100 0 0 Do. (Wellington) 31/3'n. f? . . Of! 0 0 — uisli'ne Sheepf'ni's, ♦ 31/8/11, (i" a . 100 10 0 —