STOCKS AND SHARES
THE AUCKLAND EXCHANGE FIRMING IN WAR LOAN Conditions were quiet on the Auckland Stock Exchange yesterday but firmer levels ruled, particularly for a number of Australian stocks*. A forward move in original War Loan was confirmed in an advance of 5s to £BB 08, while the demand for other gilt-edged issues received l\ttle satisfaction. In other sections gains were made by Bank of New Zealand and New Zealand Breweries. Auckland Gas continued to weaken. Mount L,yells, now on an ex dividend basis, sold for the first time since the dividend reduction at Is 9d below their last business. CLOSING QUOTATIONS
WOOL APPRAISALS SEASON'S LATER CLIP REVIEW OF DATES LIKELY Catalogues for the third wool appraisal of the season in Auckland, which is set down to commence on December 9, will close on Saturday. Speaking yesterday of the progress made this season, the secretary of the Auckland Woolbrookers' Association, Mr, J. E. Connor, said the very unsettled spring had considerably retarded shearing and the present position contrasted very markedly with that, prevailing during last year's favourable spring weather. At the second appraisal this year on .November 14 (the mid-winter fixture ranks as the first appraisal of the season) some 13,000 bales were handled, atrainst nearly '20.000 bales up to the same stage last season. This leeway was likely to result in an abnormal quantity of wool becoming available for despatch to brokers' stores in late December and January and. if sent forward, would undoubtedly con?est the wool stores and further restrict the rate of appraisement. This was already somewhat slowed down because of the prevailing shortage of labour and because of the carry forward in store of a portion of last season's appraisements consisting of types of wool not at present in strong demand on account of their unsuitability for war purposes. Tentative appraisal dates have been fixed up to the end of February, but in view of the backward nature of the season, it is likely that the position will soon be reviewed and probably the appraising season will be extended with monthly fixtures up to the end of April. Growers, therefore, should be reasonably assured of a steady flow of wool through the appraisals, provided brokers are not inundated with abnormal quantities of wool during the peak of the season. SHAREMARKET INDICES London: Fin. Times (1026 equals 100): — Govt. Bails Indust. Gold 1940 (high) . 111.7 58.0 101.6 200.4 1010 (low) . . 104.S 31.9 61.1 133.8 November 21 113.7 53.2 104.6 180.9 New York: Dow Jones (1926 equals 100): — 20 Rails 30 Indust. Shares sold 1040 (high) . 32.67 152.80 —• 1940 (low) .. 22.15 111.84 November 22 . 28.29 ' 117.04 360,000 November iU . 28.35 117.30 .820,000 CHRISTCHURCH DRAINAGE Consent to the raising by the Christchurch Drainage Board of a £234,500 conversion loan repayment loan. 1911, has been civen. The term is not to exceed' 11% years and the rate of interest £3 10s per cent per annum. SILVER AND TIN VALUES LONDON, Nov. 24 Silver is quoted unchanged at 23Vad » standard ounce and 25% d an ounce fine. Tin — Spot: Buyers, £257 a ton; sellers, £257 10b. ! Forward: Buyers, £2(51; sellers, £261 ss.
Buyers Sellers ' £ s d £ s d BANKS, INSURANCE, AGENCY Bank Australasia . 8 10 0 8 15 0 Com. Bank Aust. 0 14 7 0 14 9 E., S. and A. Bank — 4 1 0 National Bk. N.Z. 1 1.9 9 2 0 3 Bank N.S.W. 27 10 0 — Bank New Zealand 1 19 9' 2 0 0 Ditto (D Morfc.) 1 10 0 1 11 3 Union Bank — 7 7 0 National Ins. — 1 0 0 New Zealand Ins. 3 12 0 3 12 9 South British 3 3 9 — Standard 3 2 6 — F.A.C. (£3 paid) 2 10 0 2 16 0 Ditto (£2 paid) 1 10 0 1 16 0 Goldsbrougli • Mori 1 7 0 — COAL, G/ \ SHIPPING Renown (pref.) .. 0 2 7 Taupiri (pref.) .. 1 4 3 — *■ Auckland Gas 0 7 2 0 7 4 Ditto (con.) 0 2 10 0 3 1 Nth. Steam (paid) 0 4 4 — P. & 0. (def. stk.) 1. 14 0 — TIMBER, WOOLLENS, BREWERIES National 0 7 9 TaupoTotara (ord.) 0 5 2 0 5 8 Felt and Textiles 1 17 3 — Kaiapoi (paid) .. 0 17 6 — Ditto (con.) 0 6 4 0 7 0 Manawatu Knitting 1 5 0 — Oamaru 1 2 0 — Bom. Brew, (ord.) 1 10 0 1 11 0 Ditto (pref.) 1 11 0 — New Zealand Brew. 1 16 7 1 17 0 Tooths 2 10 0 2 13 0 MISCELLANEOUS Aust. Alloy Steel 0 8 5 0 8 7 A.C.I. 2 6 0 — Aust. Paper (pref.) British Tobacco . . 1 6 3 1 7 9 2 3 0 2 4 9 Broken Hill Pty. 1 19 9 2 0 0 Colonial Sugar 5(t 0 0 52 0 0 Consol. Brick 0 7 9 0 8 3 Donaghy's (con.) 1 11 0 1 16 0 Dunlop Rubber .. Electro. Zinc . .* 1 3 0 — 2 10 0 2 11 6 Ditto (pref.) .. Farmers' Trading 2 12 0 — 1 1 10 — Gear Meat- — 0 15 3 G. J. Coles 3 0 0 3 2 6 Henry Jones 2 7 0 2 10 0 I.C.I. (pref.) 1 4 6 —. K.D.V. Boxes .. 0 9 8 0 10 0 McKendrick (ord.) 1 0 6 — McKenzies 2 4 0 — Macky. Logan 1 4 3 1 8 0 M. & C. (deb. stk.) 0 17 0 — M.K. Manufacturers 0 5 9 0 6 6 Morts Dock N.Z. Drug (paid) 1 0 0 1 1 0 4 0 0 — Ditto (con.) 2 A 6 — Forest Prod, (ord.) 0 4 0 0 7 0 Ditto (pref.) .. 0 6 0 0 13 0 N.Z. Newspapers . 1 13 6 — N.Z. Refrig. (con.) 0 9 o 0 9 7 Nth. Roller (ord.) 1 3 6 1 5 0 Ditto (pref.) 1 3 0 — Radio (1936) 0 13 0 — Reid Rubber — 1 8 9 Sanford (ord.) — 0 4 5 Ditto (pref.) — 0 19 3 3 Selfridges • (A'asia) — 1 1 Taranaki Oil Dev. — 0 3 0 Taranaki Oil Fields — 0 5 0 Whittome-Stevenson 0 19 6 1 1 6 Wilsons Cement .. 0 18 0 0 18 9 Woolworths (N.Z.) 0 14 10 0 15 1 Ditto (Syd.) .. 0 16 2 0 16 5 OVERSEAS LISTING Wths. Hlds. (S. Af.) 0 17 0 — MINING Martha 0 9 1 0 9 4 Una Hill .. 0 0 10 0 0 11 Waihi Invests. .. 0 4 1 0 4 4 Broken Hill South 1 6 0 1 7, 6 Emperor 0 11 3 0 12 3 Mount Lyell 1 6 3 1 7 6 Mt. Morgan (ord.) 0 8 10 0 9 o Wellington Alluvials 0 3 9 0 4 3 N.Z. GOVT. LOANS War Loan, :l/SI-16, 2/4 -• 97 15 0 —— Bonds — 0 15/1/53-57, 3/a . 102 15 — 15/2/13-16, -1 . • 101 10 0 — 15/4/40-19, 4 .. 303 7 6 —— 1.5/6/52-55, 4 .. 107 12 6 — Rural, 15/0/17, 4 101 0 0 6 War Loan. 1/10/53 §S 2 6 S8 7 Do., 1/8/46, 2% 9S 0 0 OS 10 0 Do., l/S/51-5'1, 3 98 0 0 100 0 0 Stock — 102 15 0 15/1/53-57, 3V 3 . 15/2/43-46, 4 .. 101 17 6 0 102 0 0 15/4/46-49, 4 . . 103 10 — 15/5/49-52, 4 .. 104 15 0 108 5 15/6/52-55, -4 .. 107 15 0 0 30/11A18, 4 .. 106 0 0 — 31/5/54-58, 4 . 10S 0 0 — 15/9/46-4S, 3 . . 9S 15 0 S.A.C., 1/6/44, 3% 100 0 Australian Stock, 0 1/11/51, 3 3 A . — 106 10 0 DEBENTURES A.H.B., 10/6/59 ■ — 112 0 0 Wanganui Harb., 0 101 10 0 1/6/43, 3'4 • ; Auck. Gas (Perp.) 99 10 92 0 0 93 0 0
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New Zealand Herald, Volume 78, Issue 24132, 26 November 1941, Page 3
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1,266STOCKS AND SHARES New Zealand Herald, Volume 78, Issue 24132, 26 November 1941, Page 3
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