STOCKS AND SHARES

New Zealand Herald, Volume LXXVII, Issue 23662, 22 May 1940, Page 5

STOCKS AND SHARES

THE AUCKLAND EXCHANGE SOME SLIGHT IMPROVEMENT The steady decline in share values which has characterised the past week was partially checked yesterday on the Auckland Stock Exchange. Although the improvement was very slight and dealing was restricted, there was some recovery in offers. Government loans were a shade firmer, while buyers raised their limits for some banking issues. Insurances, however, remained dull. Australian industrials improved, and Broken Hill Proprietary, British Tobacco and Electrolytic Zinc presented a slightly stronger front. Colonial Sugars, howover, cased. New Zealand industrials were quiet, with little alteration. CLOSING QUOTATIONS

TIN MARKET STEADIER LONDON, May QO The market for tin is .steadier on spot with slightly firmer quotations for forward supplies. Quotations are: — Spot: Buyers, £261) 10s a ton; sellers, £270. Forward: Buyers, £267 ss; sellers. £267 15s. Silver prices are easier. Latest rates nre 22jjd a standard ounce and 24 7-l6d a fine ounce, against 23 J d and 2isj|cl, respectively, at the close of last week.

Buyers Sellers £ B d £ s d BANKS Australasia 10 0 0 Com. of Australia 0 15 0 0 15 8 Do. (4 p.c. c. pf.) 8 15 0 — Eng., Scot, and Aust. — 5 0 0 National of Tf.Z. — 2 3 0 New Zealand 2 1 0 2 1 3 Ditto (D Mortg.) 1 7 9 1 0 3 Union of Australia — 8 0 0 INSURANCE National (7s pd.) 0 18 0 0 10 0 New Zealand 3 O o 3 1 6 Queensland 0 17 6 — 0 Sth. British (10/ f.p.) 0 0 0 2 7 LOAN AND AGENCY Doiii. Investment . — ■0 10 0 Fnirs. Co-op. (X'5 pd.) — 0 4 4 0 Ditto (il paid) 0 0 •— Do. (5 p.c. A c. pf.) 1 0 I) — 0 Do. (0 p.c. B c. pf.) — 1 1 Newton King (ord.) 0 0 8 0 0 3 Ditto (cum pref.) 0 0 9 0 10 0 N.Z. Guar. (3/ f.p.) — 0 3 7 Trail. Fin. CI7/0 f.p.) — 0 11 0 Do. (con.), 7/(5 pd. 0 2 10 O 3 0 U.P. Bldg. (Auc.) — 0 10 6 COAL Grey Valley — 0 0 0 Renown (ord.), 10/ f.p. — 0 13 0 Do. (7 p.c. pf.), '_'/« f.p. 0 3 0 2 0 1 Taupiri (ord.) — 1 2 0 Do. (jU(J 8/ p.c. 6 cum pref.) .. 1 2 West.-Stkn. (ord.). 9 10/ f.p. 0 2 4 0 2 Do. (S p.c. pf.), 0 0 9 10/ f.p. 0 5 0 GAS Auckland (10/ f.p.) 0 B 0 0 10 0 Do. (con.), 5/ pd. — 0 4 0 SHIPPING. Devonport Ferry.. 1 1 6 — Howard Smith .. — 1 4 3 lliid.-Parker (ord.) — 3 0 0 Nth. Steam (11/ f.p.) 0 3 5 0 4 0 Do. (con.), 3/0 pd. 0 0 5 0 0 e TIMBER Kauri 1 0 3 1 3 0 Leyland - O'Brien 0 13 0 0 11 a National .. — 0 0 0 Taupo Totara (5 3-5 ' p.c. c. pf., 10/ 0 13 0 mid) . 0 11 9 Ditto (£1 paid) — 0 18 0 WOOL AND TEXTILE Bonds Hosiery . . Kaiapoi (17/ f.p.) 1 5 0 — 0 0 14 9 0 1G Do. (con.), 7/ pd. — 0 5 6 Tattersfield 1 6 O — 0 Wellington — 0 10 Ditto (uref.) .. — 7 0 0 Yarra Falls — 2 5 0 BREWERIES Dominion (ord.). . 1 10 6 1 13 0 New Zealand 1 15 0 1 10 0 MISCELLANEOUS Anthony Hordern (pf.) — 1 3 0 Entrican-Sitns (c. pf.) — 0 10 0 Aust. Alloy Steel — 0 0 0 Aust. Con. lndust. — 2 0 0 Ditto (con.) — 1 0 « Aust. Iron U'5/10/3 p.c. cum. pf.) Berlei (N.Z.) — 1 8 9 3 0 0 — Booth-Mac. (pref.) British Tobucco . — 0 3 3 2 5 9 2 0 6 Broken Hill Pty. 2 5 6 2 0 .0 Burns, Philp 2 15 0 2 17 0 Bycroft — 2 2 0 Claude Neon (N.Z.) — 1 2 0 Colonial Sugar • • 50 5 0 64 0 0 Con. Brick <5; Pipe 0 S 10 0 9 0 Dental and Medical 0 10 6 — Donaghy's Rope . . " V 2 0 — 0 Electrolytic Zinc 2 10 0 2 IS Do (8 p.c. cum. 0 part pref.) . . 2 15 — 3 Farmers' Trading — 1 0 Do. (5 3-5 p.c. A cum. pref.) - 1 1 6 — Do. 5 3-5 p.c. B 6 cum. pref.) . . 1 0 — 0 Gear Meat (10/ f.p.) Gen. Indus. (10/0 f.] 0 14 0 0 15 .) — 0 0 10 3 G. J. Coles .. 3 10 3 J 0 0 Grey and Menzies O 13 0 •— 0 H.M. Theatre (pf.) — 0 10 I.C.I. (5 p.c. C pf.) 1 3 0 1 o 0 K.D.V. Boxes (10/) 0 0 0 0 8 0 Lewis Eady (pref.) 0 10 0 — Macduffs (ord.) 0 7 3 — 0 Do. iC p.c. cum pf.) — O 15 McKcndrick (ord.) 0 17 "0 — Ditto (0 p.c. pf.) 0 17 0 . — Macky, Logan .. 1 0 2 1 4 0 M. and C. (.ord.) 0 15 <) — Ditto (deb. stk.) 0 15 3 9 0 ~G 0 M.K. Mans. (5/ f.p.) 0 5 Morris Iledstrom . — 1 10 o is 0 0 9 Morts Dock — Moturoa Oil (5/ f.p.) — 0 4 Do. (0 p.c. cum. 0 5 1 0 1 0 0 0 0 0 0 0 part, href.) .. National Electrical z New Ak. Laundry — N.Z. Drug (£0 f.p.) — 4 3 N.Z. Farmers' Fcr. — 6 1 1 Ditto (pref.) .. 1 1 1 3 N.Z. Newspapers . 1 6 6 1 13 . N.Z. Paper Mills — 6 0 N.Z. rtefrlg. (paid) , 1 0 — Do. (con.). 10/ pd. 0 0 0 N.R. Milling (ord.) 0 18 0 Do. to 1-5 p.c. c. 6 0 pref.) . Peters Ice (N.Z.) 1 1 0 15 1 0 0 Radio (1030), 10/ f.p. 0 1J 0 — 0 Reid Mills (15/ pd.) 1 3 6 1 4 0 14 Selfridges (A'asia) — 6 3 Robinson Ice Cream 1 2 7 _ Sanford (ord.) Do. (5 3-5 p.C. pf.) — 9 0 4 0 15 0 3 0 7 3 0 0 Taranaki Oil Dev. 0 2 TaranakiOil Fields 0 10 6 3 0 0 0 Whittome, Stevenson 1 1 0 10 0 1G Wilsons Cement .« 0 17 0 W'l'ths (N.Z.), 5/ f.p. 0 15 0 Do. (0 p.c. c. pf.) 1 15 0 1 ~0 0 18 4 0 ft Do. (prop.), 0 p.c. Do. (Syd.), 5/ f.p. 0 17 10 u 0 0 Do. (West Aust.) — OVERSEAS LISTINGS Woolworths Hldgs. lS. Africa) . . 0 14 6 0 15 0 MINING Argo . . . Big River . Gjllespie s •Beach . Golden Crown .. 0 1 0 0 0 0 0 0 0 1 0 0 0 IS 0 1 0 0 0 2 o 9 0 0 4 8 9 n Golden Dawn .. — u Goldfields Dredg. Grey River — 3 0 -7 Maori Gold — Worksop — 1 0 Okarito Australia and Flil — 1 0 0 10 Broken Hill Sth. — 0 3 Emperor • , • • Loloma (ex div.) — 1 13 0 0 J 11. 0 10 2 5 0 0 0 0 0 Mount Kasi — Mount Lyell • • — Ml. Morgan (ord.) Nth. Broken Hill 2 0 0 Rawang (10/ f ; P ; ) • 0 7 3 A Q Wgton. Aliuvials —■ U 4 N.Z. GOVERNMENT LOANS Bonds — 110 10 0 1.1/7/30-11. 3 .. 1.-W1/.-.3.57. 3y„ . 100 0 0 — 0 1.-./I 1/3S-U. 3% 00 15 0 101 0 i.-./.i /1((- 111. 1 .. 100 0 0 io:i 5 0 15/0/50-55, 1 . — 105 0 0 Stock — 00 15 0 15/7/30-11. 3 .. — 15/1 /5I1-57. 3Vj . 100 0 0 — 1.-1/11/US-11. 3% }!!» I-". 0 — 0 1,-./M/lll.i:i. -1 .. 100 O 0 101 0 15/0/ 13-1(1, 1 ■ • 15/1/10-10, 1 . . — 100 10 0 00 0 0 100 10 0 1 0-50, 1 . . — 103 5 0 15/0/50-55, -1 . . 31/5/51-58, 1 105 5 100 0 0 0 COMMONWEALTH OF AUSTRALIA Bonds, 15/0/17, t Stk.. 15/10/40. 3% — 107 0 0 0 — 100 0 DEBENTURES A nek. llarb. B(l., 100 10 0 ! 1/7/.■..-> . . 101 0 0 Ditto. 0/7/50.. — 100 10 0 Ditto, 10/0/5!) . — 107 0 0 Ak. Transport Bd„ 0 105 0 0 1 /l/lf-18 .101 0 Ditto, 00/0/10 — 10G 0 0 Mt. Eden Boro., 105 0 0 1/1/51-50 — Mnnurewa lwn. Bd., 1/0/57, 3 l A . Ani.il. Br. (Auck.). 00 0 0 08 0 0 104 0 1/3/11, 0 • ■ 100 0 Ditto (Welling.), 0 0 3.1/3/44, 0 ..101 0 Auckland Gas ■ . 101 0 0 — 0 101 10 0 Renown Collieries, 1/3/54, 0 .. 100 o 0 """"