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STOCKS AND SHARES

THE AUCKLAND EXCHANGE FURTHER GENERAL WEAKNESS Sharcwnlncs reopened at lower levels 011 the Auckland Stock Exchange yesterday, and a. progressive decline continued throughout tlie day. Odors for Government loans continued to fall. Banks were easier, with New Zealands being marked down. Insurances over a wide range lost ground, while other classified issues were affected equally. Australian industrials were quiet, but values were much lower than ••it the close of last week. This was continued by a sale of Colonial Sugars. CLOSING QUOTATIONS Buyers Sellers .C s d i; b d BANKS I I

WANGANUI PROPERTY DEAL

[BY. TKIiEGHAFH riIKSS association]] WANGANUI, Monday The site and buildings on the corner of Victoria Avenue and Maria Place, known ns "Melbourne Corner," have been sold by the Waters' estate to Wool worths, Limited. The property has a frontage to tho avenue of 66ft. and a depth of 165 ft. It is understood the price paid was £20,000. Woolwortlis propose erecting a modern building on the site.

Australasia r 10 . 0 0 Com. of Au.st. .. 0 14 9 0 10 0 Do. (1 p.c., c. pf.) 8 15 0 — E., S. and A. — 5 0 0 National of N.Z. . — •2 5 0 New Zealand 2 O 0 2 2 0 Ditto (D Mort.) — 1 9 3 Union of Au.st. . . — 8 0 0 INSURANCE National (7/ pd.) — 1 0 0 New Zealand 3 0 0 3 1 6 Queensland '2 17 G — South British — 2 8 0 LOAN AND AGENCY Doni. I. A B. Assn. 0 19 0, K.A.C. (IT) paid) . — 4 5 0 " Ditto (£1 paid) 0 0 0 — Ditto (5 p.c., A cum. pref.) . . 1 0 3 1 1 6 Ditto (r, p.c., B cum. pref.) .. — 1 1 0 Goldsbrough -Mort — 1 12 0 Newton King (ord.) 0 0 8 0 2 3 Ditto (cum. pf.) 0 9 6 — N.Z. Guarantee . . 0 3 7 • N.A.F. (5 p.c., B pf.) 0 5 0 — Traders' Finance • — 0 14 0 Ditto (con.) 0 2 10 0 3 G COAL Grey Valley 0 9 G Renown (ord.) — 0 13 0 Do. (7 p.c., pf.) 0 o G 0 3 1 Tnupiri (ord.) — 1 2 0 Do. (X'O/S/ p.c.. cuin. pref.) . . 1 2 G West.-Stock, (ord.) 0 2 4 0 2 9 Do. (8 p.c., pf.) 0 5 0 0 G 9 GAS Auckland (10/ f.p.) 0 9 3 0 10 0 Ditto (con.) — 0 4 0 SHIPPING Devonport Ferry . 1 1 6 Howard Smith 1 5 0 Hud.-Parker (ord.) — 3 0 G Northern Steam. . 0 3 4 0 4 0 Ditto (con.) 0 0 5 0 0 7/4 TIMBER Kauri 1 3 0 Ley land - O'Brien 0 13 0 0 14 G National 0 9 0 Taupo Totara (5 3-5 \ p.c., cum. pref.) 0 11 9 0 13 0 Ditto (£1 paid) — 0 18 6 WOOL AND TEXTILE Bonds Hosiery . . 1 5 0 Kaiapoi (17/ f.p.) 0 14 9 0 16 0 Ditto (con.) — 0 5 6 Wellington — G 10 0 BREWERIES Dominion (ord.) . 1 12 8 1 13 6 limes (ord.) M — 1 1 0 New Zealand — 1 1G G MISCELLANEOUS Anthony Hordern (pf.) 1 3 0 Entrican-Sims (C pf.) — 0 1G G Au.st. Alloy Steel — 0 7 0 Aust. Iron (£5/16/3 p.c., cum. pref.) Berlei (N.Z.) — <? 1 9 0 3 0 0 Booth-Mac. (pref.) 0 3 3 British Tobacco .. o 5 6 •2 10 0 Broken Hill Pty. . 2 5. 0 2 6 6 Burns-Philp 2 15 0 Claude Neon (N.Z.) — 1 o 0 Colonial Sugar .. 51 0 0 53 0 0 Con. Brick 0 9 0 0 9 3 Denial & Medical <k.O 12 6 — Donaghy's Rope . 2 12 0 — Dunlop • Perdriau — 1 1 0 Electro." Zinc 2 15 0 2 19 9 Ditto (S p.c., c. part pref.) .. Farmers' Trading . 2 15 0 3 1 1 0 0 6 Ditto (5 3-5 p.c., A cum. pref.) 1 1 6 — Ditto (5 3-5 p.c., B cum. pref.) 1 0 G _ Gear. Meat 0 14 0 0 15 G Gen. Industries .. 0 10 G G. J. Coles — 3 13 0 Grey and Menzies 0 13 0 • Hill and Plumincr 1 1 G — H.M. Theatre (pf.) — 0 19 0 Humo Pipe (Aus.) — 0 17 0 I.C.I. (5 p.c., C. pf.) 1 4 0 1 6 6 K.D.V. Boxes . . — 0 8 6 Lewis Eady (pf.) 0 1G 9 — MacdufTs (ord.) 0 7 3 — Do. (0 p.c., c. pf.) 0 13 G 0 15 0 McKendrick (ord.) 0 17 0 — Do. (G p.c., pf.) 0 17 0 — Macky, Logan 1 0 0 1 4 0 M. and C. (ord.) .. 0 15 0 — Ditto (deb. stk.) 0 15 0 — M.K. Manufacturers 0 5 9 0 6 6 Morris Hedstrom . — 1 10 0 Morts Dock — 0 19 0 Moturoa Oil 0 4 9 Ditto (5/ f.p.) .. — 0 5 0 National Electrical — 1 0 0 Now. Auck. Laundry — 1 0 0 N.Z. Drug (£2 f.p.) 4 3 0 N.Z. Farm. Fert. — 1 1 3 Ditto (pref.) . . 1 I 9 1 3 G N.Z. Paper Mills — 1 13 0 N.Z. Refrig. (paid) 1 0 3 — N.R. Mill. (5 1-5 p.c., C pref.) .. Peters Ice (N.Z.) . 1 1 6 — 0 15 0 1 0 0 Radio (1030) 0 13 0 — lieid Rubber 1 3. G 1 5 0 Robinson Ice 1 3 0 1 G 0 Sanford (ord.) — 0 4 3 Do. (5 3-5 p.c., pf.) — 0 15 0 Taranaki Oil. Dov. 0 2 9 0 4 0 Taranaki Oil Fields — 0 7 3 Union Oil (10/ pd.) 1 6 0 — Wairakei (5/ f.p.) 0 G G 0 9 0 Whittome-Stcvenson 0 19 6 1 1 0 Wilsons Cement . — 0 19 0 Wooiworths (N.Z.) — 0 16 G Do. (0 p.c., c. pf.) 1 15 G — OVERSEAS LISTINGS Wooiworths Holds. (S. Africa) — 0 15 G MINING Argo .. .. — 0 1 2 Big River . Gillespie's Beach . 0 0 4 0 0 0 0 9 S Golden Crown — 0 0 9 Golden Dawn — 0 , 1 0 Goldfiolds Drcdg. . — 0 0 2 G rey River — 0 IS 3 Maori Gold — "* 0 1 0 Mataki Gold Dredg. — 0 0 10 Worksop — 0 0 7 Okarito — 0 2 0 Australia and-FIJI —■ Broken Hill South —. 1 10 0 Emperor —. 0 1G 3 Loloma — 1 15 6 Mt. Kasi . — 0 6 0 Mt. Lyell . — 1 12 0 Mt. Morgan (ord.) — 0 10 5 North Broken Hill o 1 0 2 5 G Placer Dev. (ox div.) — 4 10 0 Kawang (10/ f.p.) — 0 9 9 Wellington Alluvials 0 4 0 0 4 •J N.Z. GOVERNMENT LOANS Bonds — 15/7/3941, fl .. !)» 10 0 _ ir>/J/r>3-r>7, ay a . 100 0 0 — 15/1/10-19, 4 .. 102 0 0 103 5 0 15/0/52-55, 4 — 105 5 0 Stock— 15/7/39-41. 3 . . 99 10 0 — 10/1/53-57, li'/j . 100 5 0 — 15/11/3S-11, 3% 90 15 0 — 15/3/10-13, 4 . . 100 0 0 102 0 0 15/2/13-10, 4 . . — 102 10 0 15/4/40-49, 4 .. 102 0 0 103 0 0 15/5/10-52, 4 .. — 103 10 0 15/0/52-55, 4 . . — 105 10 0 31/5/54-58,4 — 105 15 0 COMMONWEALTH OF AUSTRALIA Stock— 15/10/49, 3% .. — 102 0 0 DEBENTURES A.H.B., 9/7/59 .. : 107 10 0 Ditto, 10/0/59 . — 107 10 0 Ditto, 9/7/55 ... Ale. Transport Bd„ 106 10 0 1/4/44-48 — 105 0 0 Feilding Borough, 1/2/53 . * — 10G 0 0 Hamilton Borough, 1/7/55 . — 100 0 0 Mi. Eden Borough, 1/4/51-50 — 105 0 0 Manurewa Town Bd., 1 /9/57, 3Va 00 0 0 99 0 0 Abraham - Williams — no 0 0 Amal. Brick (Auck.), 1/3/44, 0 102 0 0 104 0 0 Ditto (Welling.), 31/3/44, G .. 101 0 0 — Auck. Gas (porp. deb. stock) .: 101 0 0 101 10 0 Gisb. Sheepfarmors, 31/8/4.1, GVa •• 90 0 0 — Ronown Colliorios, 1/3/54, 0 100 0 0 —

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19400521.2.10.1

Bibliographic details

New Zealand Herald, Volume LXXVII, Issue 23661, 21 May 1940, Page 3

Word Count
1,272

STOCKS AND SHARES New Zealand Herald, Volume LXXVII, Issue 23661, 21 May 1940, Page 3

STOCKS AND SHARES New Zealand Herald, Volume LXXVII, Issue 23661, 21 May 1940, Page 3