STOCKS AND SHARES

New Zealand Herald, Volume LXXV, Issue 23160, 5 October 1938, Page 11

STOCKS AND SHARES

SOUTH BRITISH DIVIDEND FINAL < RATE UNCHANGED '9 i ■ A final dividend at the tmchanged rate of B£d a share is being recommended hy the directors of the South British Insurance Company, Limited, for the y?ar ended August 31, making Is od a share for the year. The dividend will become payable following the annual meeting on .October 27.

THE AUCKLAND EXCHANGE / STEADY IMPROVEMENT SHOWN f • - _. The steady improvement in share values from the low lavcls recorded in recent weeks was continued on the ■ Auckland Stock Exchange yesterday. In a satisfactory turnover, gains far outnumbered losses, and isolated falls wero merely' a natural [ reaction to previous sharp recoveries. Marked improvement was apparent in Government loans, and in sales of four separate issues rises were registered in each case. Recent strengthening in value# for banks in soveral transactions. was i confirmed Leading manrances were steady, with New Zealands wanted at lato rates. • Tlio classified industrials were quiet, hiit values generally were firmer. Broken Hill Proprietary recovered ■frnm the previous day s setback, while hnvers of Australian Glass and British Tobacco raised stores tended to their limits. Chain ease, ai nd both G. J. Coles and Woolworths (X.Z.) lost some ground. Wilsons Cement conturned the recent upward movement. CLOSING QUOTATIONS Buyers Sellers £ s d £ 8 d , . BANKS ".Australasia 10 10 0 Commercial of Aus. 0 10 3 0 16 4 Eng., Scot. <£ Aus. 5 3 o 2 14 0 National of N.Z. 2 12 0 New South Wales 30 10 0 Ditto (S.vd. rear.) 30 10 0 New Zealand 2 2 3 2 3 0 Union of Australia S 0 0 — INSURANCE National — 0 17 6 n New Zealand 2 14 0 2 14 0 South British . v 2 4 0 2 6 0 Standard 2 16 0 LOAN AND AGENCY " Dominion Invest... — 0 IS 0 Farm. Co-op. Auct. (£5 paid) .. 4 3 0 4 9 0 a Ditto (£2 paid) — 1 12 6 Ditto (£1 paid) — 0 14 0 Ditto (A prof.) 1 0 6 1 2 0 Ditto (B pref.) — 1 0 6 Goldsbroueh-Mort 1 7 0 — ■ Newton Kin? (pf.) -T0 10 0 *N.A. Farmers (B pref.) Traders' Finance — 0 10 0 (con.) 0 5 0 Ditto (pref.) .. 10 0 COAL 'Grey Valley _ 0 12 0 . Pukemiro 0 10 0 0 17 0 Renown (ord.) — 0 9 0 Ditto (pref.) .. 0 2 3 0 2 7 Taupiri 0 14 0 0 10 3 West port 1 3 0 15 0 Westport-Stockton - (ord.) 0 3 6 0 4 3 Ditto (pref.) .. 0 6 GAS 3 0 7 6 Auckland (paid) . 0 IS 9 0 19 6 ' Ditto (con.) .. — 0 14 9 Wellington — ' 1 14 6 > SHIPPING ■ ' ' , Devonport Steam 1 0 3 1 1 3 North. Steamship (paid) 0 3 5 0 4 0 Ditto (con.) .. — 0 ;1 0 TIMBER Bartholomew 0 17 9 Kauri 1 1 6 1 2 0 Leyland - O'Brien — 0 18 0 ' National 0 7 6 . Hotoiti .. 0 3 6 0 4 2 cTaupo Totara (ord.) 0 4 0 — Ditto (pref.) ... —: 0 18 fi Taringamutu — 0 13 0 WOOL AND TEXTILE Kaiapoi (paid) .. 0 9 6 0 10 3 Ditto (con.) — 0 4 O Ditto (pref.) — 0 15 6 , BREWERIES Dominion - . 1 10 3 1 11 ,3' Ditto (new Issue, / fully paid) .. 1 9 4 _ Ditto (pref.) .. 1 10 3 _ New Zealand 2 0 4 2 1 0 Tooth's 2 13 6 2 14 0 MISCELLANEOUS Alloys Steel 0 7 9 0' 9 0 Aus. Glass •1 11 « 4 12 6 Aus. Iron and Steel (pref.) ,10 9 1 7 3 Berlei (N.Z.) —- 3 12 6 British Tobacco .. 2 7 3 2 7 9 . Ditto (pref;) ;. Broken Hill Pty. 1 10 0 . — ! 2 15 9 2 16 6 Ditto (con.) .. 1 18 0 1 19 6 Claud* Neon <N.Z.) — 15 0 Colonial Swrar;.:.: 40 10 0 47 0 0 Consol. Brick ' .. 0 7 1 — \ Dunlop - Perdriau. 1 0 3110 Electro. Zinc 2 0 6 2 19 Ditto (pref.) .. Farmers' Trading 2 5 3 2 7 0 .0 19 4 0,19 11 Ditto (A pref.) 1 1 0 — I>itto (B pref.) 1 0 0 —^' Ditto (new issue, fully paid). ... 0 19 9 Gear Meat ~ 0 13 9 0 14 0 G. J. Coles 3 16 0 3 17 3 ' Grey and Menzies 0 11 6 — Ditto (pref.) .. 0 11 9 I, C.I..' Aust. and N.Z. (pref.) 1 1 6 119 Henry Jones 2 7 6 — Hjll and Plummer 10 0 •-H.M. Theatre tord.) 7 . i'TT! . 10 0 Ditto (pref.) .. — 1 10 K.D.V. Boxes . (COff.) 0 3 6 — - Lewis "Kady (pref.) — 0 17 6 ' Micduffa — •V 0 17 0 McKendrick Bros. ■ ', , ,, 10 0 11-0 Dltto d (pref.) - - ' . . Macky, Logan . —, 12 9 Milne and Choyce (ord.) 0 15 0 —— Ditto (deb. stk.) 0 10 3 — M.K. Manufacturers 0 « 0 0 .8 0 0 12 0 Morts Dock 0 11 7 Moturoa Oil o a 0 0 5 2 Ditto (pref.) 0 4 0 0 4 7 N.Z. Drug ..! 3 8 0 — N.Z. Fertilizer .. 0 16 3 0 18 0 ,N,Z, Newspapers.. 1 14 0 • North. Holler Mill. 10 0 (ord.) -—■ 6 , - Ditto (pref.) .. ,1 o Palmer. Collins £ ' 1 18 0 Whitaker .. Peters Ice (N.Z.) — 13 0 ' Radio (1030) — 0 17 0 Reid Rubber .. 1 1 6 1 3 0 Robinson Ice 1 2 9 .1 4 0 Sanford (ord.) 0 3 6 0 4 6 Ditto (pref.) .. — 0 15 0 R. G. Kain (ord.) — 0 18 6 Ditto (pref.) .. — 10 0 Taranaki Oil 0 13 1 0 13 3 i Union Oil 1 1 6 — Wairakei 0 o 9 1 0 0 Whittome, Stevenson — Wilsons Cement . 0 10 1 0 19 9 Woolworths {N.Z.) 0 10 3 Ditto (Syd.) .. 1 1 3 1' 1 6 Ditto (Syd., 2nd 19 0 0 7 6 pref.) —— Waldas Shoes — OVERSEAS LISTINGS Woolworths Hldgg. 0 15 0 0 15 1 (S.Africa).. N.Z. GOVT. LOANS Bonds— 02 10 15/1/53-57, 3% 0 —— 15/2/43-46, 4 .. 00 10 0 — 15/4/46-10,4 .. 100 10 0 * 15/0/52-55,4 .. 100 0 0 ■ ?' 'I Mortg. Rural, 101 0 0 15/0/47, 4 .. Stock— 0 15/1/53-57, Z/t 02 10 — " 15/2/43-40,4 .. 100 0 0 — 15/4/40-49, 4 .. 100 15 0 101 « 0 15/0/52-55,4 .. 100 2 0 101 0 0 15/0/41-43, 3Va 08" 10 0 Mar., 30-43, 3Vi 08 7 6 08 15 0 Nov., 38-52, 3% 100 0 0 — Sep., 30-43, 3% Hay, 30-52, 3% 08 5 99 17 0 6 101 0 0 Mortar. Corp., 93- 0 0 1/0/55-60, 3% — DEBENTURES Franklin E.P.B., 103 10 0 100 0 0 2/8/63, 4Vi • • Ditto, 4/6/60, 37. .. Ak. Hospital Bd., 1/12/ftl, 4V4 — 103 10 0 Ak. Transport Bd., 99 0 1/4/44 0 Henderson, 1/5/67 — 105 0 0 103 0 0 100 0 0 Manurewa, 1/0/61 —- ; New Lynn, 1/0/03 — Whnngarei, 1/0/57 — 103 10 0 Amal. Brick (Ak.), 06 0 , 1/3/4.1. a .. 0 —— Ditto (Wgton), 05 0 0 31/3/44, 6 .. GLsborne Sheepfarm100 0 ers, 31/8/41, GY 3 0 Williamson .Picture, 7%., — 93 0 0 Abraham A Williams 102 0 0 (pcrp. deb. stk.) —