STOCKS AND SHARES

New Zealand Herald, Volume LXXV, Issue 23145, 17 September 1938, Page 11

STOCKS AND SHARES

THE AUCKLAND EXCHANGE trading greatly restricted Ji more marked tendency among investors 10 hold off and await some concrete development in the European situation was, evident 011 the Auckland Stock Exchange yesterday. Conditions were stagnant, and business was reduced to a minimum. Government loans came in for a fair amount of attention, particularly the tax free issues. Long-dated inscribed stock suffered a setback. Banks were dull, although offers throughout the section revealed a firmer trend'. Insurances were comparatively steady. Accommodation movements took place in New Zealands. The general tone of hesitancy was verv evident among industrials. However, there was not the same tendency among sellers to clear their holdings, although some concessions were made late in the day. iho ken Hill Proprietary continued to' recover, although more were available at the higher figure. Other Australian issues were cony>aratively steady. Among the .New Zealand scrip, Farmers' Trading and Northern Boiler Milling wore taken at slightly cheaper rates, but Milne and Choyce, debenture stock,/gained ground on sale.

CLOSING QUOTATIONS ' Buyors Sellers a: s ll s (1 HANKS Australasia 10 5 0 10 14 0 Coin, of Australia (1 15 !t (t 16 1 E„ S.. and A. -— 0 5 1 0 National of N.Z. - 12 2 12 >1 New South Wales •JO 17 6 30 5 o Ditto (Syd. Ret:.) 17 6 — New Zealand 2 1 11 o o 1 Ditto (D Mortg., 1 9 3 ■20s paid) — INSURANCE National .. — 0 0 17 0 New Zealand 2 14 o 15 8 South British' .. — 2 G 0 Standard — - 16 0 loan and agency Dalgety • • — S 5 0 Dom. Invest, and 0 17 6 Banking Assn. — Farm. Co-op. Auct. 0 4 0 0 (£5 paid) . . 4 o Ditto (£2 pajtJ) — 1 14 0 Ditto (£1 paid) 1 0 9 0 16 0 Ditto (A pref.) 1 2 0 Ditto* (B pref.) 1 0 0 1 0 0 Newton King fpf.) — 0 0 10 0 N.Z. & River Plate 0 11 0 N.Z. Guar. Corp. — 4 5 N.Z. Loan & Merc. — 33 0 0 Nth. Auck. Farm. 0 16 0 (A pref.) Ditto (B pref.) Traders' Fin. Corp. — — 0 10 0 0 0 (con.) — 5 Ditto (pref.) — 1 0 0 COAL Grey Valley — 0 13 0 Pukemiro — 0 18 6 Renown (ord.) — 0 9 3 9 Ditto (pref.) .. 0 2 3 0 2 Taupiri (ord.) — 0 0 16 3 Ditto (pref.) .. 1 1 — •Westport - Stockton 0 0 tord.) 0 4 4 9 1 Ditto (pref.) . - 0 6 GAS 9 0 7 — Auckland (paid)' . — 0 1 0 0 Ditto (con.) 0 14 0 15 0 SHIPPING Devonport Steam 1 0 3 — Huddart • Parker 9 (pref.) — 1 0 Northern SteaMship 0 (paid) — 4 0 Ditto (con.) — 0 1 0 Union Steam Ship 6 (pref.) — 1 3 TIMBER Bartholomew — 0 is 0 Kauri 1 2 0 — Leyland • O'Brien — 0 18 0 National 0 S 0 — Botoiti 0 3 0 — ' Taupo Totara (ord.) 0 4 9 — Ditto (pre/.) .. — 0 18 6 Taringamutu ■ — 0 13 0 . - WOOL AND TEXTILE Kaiapoi (paid) — 0 10 9 Ditto (con.) — 0 4 0 ' Ditto (pref.) — 0 10 3 BREWERIES Dominion (ord.) . . 1 u 6 1 11 0 Ditto (con.) 0 14 3 0 14 8 Ditto (pref.) 1 10 0 — 0 New Zealand 1 18 0 o 0 Tooth's '■ • •2 1-2 a — MISCELLANEOUS Alloys Steel (Aust.) 0 7 u 0 7 9 Anthony Hordern . — 0 16 9 Anst. Iron & Steel 9 (pref.) — 0 1 7 British Tobacco .. 2 5 2 6 6 3 Broken Hill Pty. •2 15 6 '2 16 Ditto (con.) — 1 10 6 0 Claude Neon (N.Z.) — 0 1 6 Colonial Sugar 47 5 47 10 0 ,Con. Brick & Pipe 0 7 0 0 7 9 Dom. Fertiliser . . — 3 0 1 6 0 Donlop ' Perdriau Elec. Zinc (ex div.) 1 0 1 10 1 o 1 0 0 6 Ditto (pref., ex div) .. Farmers' Trading 2 3 0 o 4 6 0 19 6 0 19 9 Ditto (A pre/.) 1 . .1 6 1 2 6 f Ditto (B pref.) 1 1 O 0 — Gear Meat — 14 8 6 G. J. Coles 3 17 0 3 18 Grey and Menzies 0 12 3 -TI.C.I., Aust. and 0 11 0 N.Z. (con.) i. — 6 Ditto (pref.) .. 1 1 1 1 10 Henry Jones — 2 10 0 ' H.M. Arc. Theatre 0 0 (ord.) — 1 Ditto (pref.) — 1 1 6 9 K.D.V. Boxes (con.) — 0 4 Lewis Eady (pref.) — 0 17 6 McKcndrick Bros. 1 0 0 (ord.) — / Ditto, (pref.) . • — 6 1 1 0 McKenzies 2 IS 3 3 0 Macky, Logan — 1 3 0 Milne and Choyce 0 14 9 (ord.) 0 — Ditto (deb. stk.) 0 15 9 17 3 U.K. Manufacturers 0 6 0 0 8 12 3 Morts Dock — 0 0 Motnroa Oil — 0 5 2 Ditto (pref.) ,. — 0 0 5 2 N.Z. Drug •• 3 10 0 — N.Z. Farm. Fert. 0 16 '8 17 2 N.Z. Newspapers . 1 13 6 1 15 0 Nth. Roller Milling 1 0 6 (pref.) — Palmer, Collins and 18 0 Whitaker * 1 Peters Ice Cream 0 (N.Z.) — 1 4 Radio (1936) — 0 17 0 Beid (N.Z.) Rubber 1 0 Mills 1 2 0 5 Sanford (ord.) 0 3 6 0 •I 3 0 Ditto (pref.) — 0 15 Sharland (pref.) . . R. G. Kain (ord.) 0 16 0 0' '18 fi — Ditto (pref.) /. Taranaki Oil — 1 0 0 0 0 12 1 12 5 Union Oil, Soap k """ ; Candle 1 1 6 — 0 Whittome, Stevenson — 1 1 Wilsons Cement 0 16 4 ■ 0 17 0 Woolworths (N.Z.), 0 18 3 0 19 9 Ditio (Syd.) . . 1 0 0 1 0 5 Ditto (Syd., 2nd 1 8 9 . pref.) — OVERSEAS LISTINGS Woolwnrths Hldgs.. 0 (S.. Africa) . — 15 1 N.Z. GOVT. LOANS Bonds— / 15/2/13-40, 1 . . 0!) 15 O — 0 15/4/46-40, 4 . . 100 15 0 101 0 „15/8/52-O5, 1 .. 100 10 0 — , Mortir., Rural— 0 0 atS' 17 " 1 • 90 15 0 10L 15/1/53-.-,7, S'/i 15/2/43-46, 4 . . 01 7 6 100 0 0 100 2 6 1674/46-40, 4 . . 100 12 a 101 r. 0 . 15/8/52-55, 4 100 O 0 100 10 0 15/0/41-48, r;v 3 08 r. 0 — Mar., 30-43, ny, 08 o 0 — £ov.,-8-■(*_>, :vZ 100 7 6 oep., 30-43, 3/7 08 5 0 — DEBENTURES A «ck. Harb. Bd.', •'-.0/7/51 _ 102 10 0 D»tto, 0/7/60 . 105 0 0 Dl «0, 10/0/53. 0 3V a City of Auckland, 96 10 - ,1/1/3!) 100 0 0 p Ditto, 1/1/44-50 *fanklui K !' B — 102 10 0 "Mtemata R p B — 103 100 10 o 0 0 -1/12/04, iv; ■; 104 0 0 X( Ditto, 1/11/60. Jlanurewa T Bd — 95 0 0 A .W/e 1 i ..Trans, Bd., — 103 0 0 T .l/'1/11 S'roilton, 'i'/V/:!? f( *bert, i 7/.V f den - 1 /-S/07 W)L Ijynn - ' 1''it/57 - i/.w rirk (A k.). 100 0 0 — 100 (1 100 10 () u 103 103 105 101 105 100 10 0 0 5 0 0 0 0 0 n 0 0 — 103 10 0 - bif/ ?• (i 0i l t « (Welling.), p, ,31/3/44, (i .v^epfarmers; 1 0o Picture, a' ?'fi/33-tfi 7" Graham - Williams % ( P«p.deb.stk.) OH 0 0 — 98 10 0 — 100 0 0 03 109 0 0 0 0