COMMERCIAL

New Zealand Herald, Volume 82, Issue 25301, 7 September 1945, Page 4

COMMERCIAL

AUCKLAND EXCHANGE STATE LOANS HARDEN Strong buying support lifted Government loans to firmer levels on the Auckland Stock Exchange yesterday.. Practically all available supplies were absorbed at an advance in price in every case. Levels in. other sections, for the most part, were steady to firm on a broad inquiry. CLOSING QUOTATIONS Changed quotations on yesterday's sharemarket were;— % Buyers Sellers JC 6 fl £ (j Com. Bank Aust. . 018 3 018 6 Ditto (pref.) . . 10 15 O Com. Bkg. Sydney • 20 10 0 21 10 0 Nat. A'asia (con.) . 612 0 615 0 Bank N.S.W. .. 31 5 0 35 0 0 Bank N.Z. .. 2 10 3 2 10 6 Ditto (D Mort.) . 1 9 3 110 3 National lnsce. (7/) 1 < 3 I t 9 N.Z. Insurance .. 4 38 3 419 0 Sth. Brit. Ins. (10/) 411 O 412 6 Dom. I. and B. . . 13 0 1 3 .J Goldsbrough Mort . 111 3 112 0 Loan and Merc. . 67 0 0 70 () 0 Do. ( London reg.) 03 0 0 70 0 0 Trad. Finance (17/6) 017 0 018 3 Ditto (con.) . . 0 6 8 0 / « Wilcox Mofflin . . 014 9 Denys Lascelles . . 019 0 110 Kaitangata Coal (10/) Pukennro . • • 019 0 Auck. Gas (10/) . . 0 7 0 0 7 9 Devonport Ferry . 110 9 Howard Smith . . 1 5 9 1/0 Hud.-Parker (ord.) 3 8 0 P. and 0. (def.) . 215 0 217 0 Union Steam (pf.) . 112 6 Kauri (25/) . . 111 0 111 6 Bruce Wool (ord.) 110 6 Felt and Textiles . 219 0 3 0 0 Ballins Breweries <> 17 9 Tooth's . • • 3 3 6 Queensland Brew. 17 0 Anthony Hordern . 1 o 0 1 3 (> Broken Hill Pty. . 2 7 3 2 7 5 Burns. Philp (S. Sea) 22 <> Con. Brick ... 0 910 010 2 Farmers' Trading . .1 • 8 6 1 8 9 G. J. Coles • • 3 15 (» 3 16 6 Grey & Menzies (10/) 019 0 l l o Hniifields Steel .. 0 Hume Pipe (Aust.) '1 210 13 3 1.C.1, (pref.) .. 17 0 Macduff* (pref.) . . 16 9 Morris Hedstrom . 2 9 o 211 o N.Z. Drug (£2) . . 5 5 O Ditto (con.) .. - 317 6 N.Z. Refrig. (con.) (> 14 10 Reid Rubber .. 1 16 0 117 0 Ditto (now) 1 16 9 Silknit (N.Z.) . . 17 6 19 0 Taranaki Oil Fields 0 0 7 0 O 10 Union Oil ' .. "1 9 9 W'ths (N.Z.) (5/) 1 511 16 4 Do (Syd.) (5/) . 1 5 3 1 5 6 W. R. Carpenter . 2 4 o 2 5 3 Arahura (def.) .. 17 6 ■ — Waihi Invests. . . 0 6 8 0 7 0 Bkn. Hill Sth. (5/) 16 6 17 6 Emperor .. 0 16 6 Mount Lyell . . 17 9 18 3 Mt. Morgan (ord.) .0 8 8 0 9 0 War Loan — 1/10/53. '2V» . . 96 15 0 ■ Stock—--1/8/IG. 2'/i . . 99 5 0 15/6/47-19, 2'i . 98 12 6 15/2/49-50. 2V 2 . 07 17 6 15/1/50-51. 2/2 . 97 7 6 15/12/53-56. 3 99 15 0 15/4/60-63, 3 . . 99 2 6 15/2/55-58. 3 . . 99 2 6 100 0 0 15/4/56-59. 3 . . 99 7 6 15/9/57-60, 3'/ . 102 12 6 31/5/51-58, 4 . 107 2 6 107 7 6 Wool Bonds — 1/2/49 10 2 C'wth. Bonds, 15/10/60. 3V< 100 0 0 102 0 0 Auck. Gas (perp.) . 86 10 0 MARKET TURNOVER RETURN ON INVESTMENTS In the following list of yesterday's sales yields allow for exchange and British income tax where necessary and, in the case of loans, redemption and brokerage:— AUCKLAND EXCHANGE Sale Price Turn- Yield £ s d over* £ s d W.L., 1/10/53, •2V, . . 96 17 0 £7BO 3 0 2 Lib., 15/6/4749, 2% . . 98 15 0 £2OO 216 10 Vic.. 15/2/4950, 2Vi . . 98 0 0 £SOO 217 1 Lib., 15/9/52-

55, 3 . . 100 5 0 £IOOO 3 1 7 Do., 15/12/5356. 3 . . 99 17 6 £BOO 3 0 8 Stk., 15/4/0003, 3 . . 09 5 0 £315 3 2 1 Vic., 15/4/5659, 3 99 10 0 £SOO 3 1 3 Stk., 15/9/5760, 3'/, . . 10'2 15 0 £1650 3 1 7 Bank. N.S.W. 34 10 0 5 3 10 7 Bk. N.Z. (2) 2 10 4 350 2 15 8 N.Z. Ins. .. 4 18 0 100 2 10 9 Sth. Brit. (2) 411 6 250 2 3 8 I. &B. 1 3 6 300 4 13 8 Wilcox, Mofflin (2) . . 0 15 0 300 6 13 4 Hud.-Parker 3 S 0 100 3 10 0 Union Stm. (2) 1 12 9 200 3 7 2 Bruce Wool. 1 17 3 100 4 511 Bkn. HillPty. 2 7 4 50 22 3 Hume Pipe (Aus.) . - 1 3 0 200 N.Z. Drug (ex div.) . 5 6 3 64 3 0 2 For. Products 0 010 100 Reid Rubber 1 17 3 150 3 4 5 Wlwths. (Syd.) 1 5 6 100 2 7 0 Also: Broken Hill Souith (200), 275: Mount Morgan, ord. (400), Ss 9d. ♦Turnover is represented by, the face value of loans and the number of shares sold. YESTERDAY'S PRICE CHANGES Previous Sale Variation jG s d s ci War Loan, 1/10/53 . 96 10 0 +7 6 Lib., 15/0/47-19, 2% 08 12 6 +2 6 Vic., 15/2/49-50, 2/4 97 15 0 +5 0 Lib. 15/9/52-55, 3 100 2 6 +2 6 Do., 15/12/53-56, 3 99 12 6 +5 O Stk., 15/4/00-03, 3 90 0 0 +5, 0 Vic.. 15/4/50-59, 3 99 5 0 +5 0 Stk., 15/9/57-60, 3% 102 10 0 +5 O Bank New Zealand 2 10 3 4-0 1 Doni, L. and B . . 14 0 -0 6 Wilcox, Mofflin 0 14 0 +1 0 Bruce Woollen ... 1 17 0 +0 3 Broken Hill Fty. . . 2 7 9 -0 5 N.Z. Drug (£5) ..5 7 6 t Broken Hill South. . 17 6 -0 6 Mt. Morgan 0 8 8 +0 1 tPrevious sale cum dividend. Wellington Stock, 1/8/46. '2% (£250), £99 12s 6d; Liberty, 15/6/47-49, 2% (£500), £9B 12s Od; ditto (£500), £9B 15s; Victory. 15/2/49-50, 2'A (£500), £97 17s 6d (2); Stock, 15/4/49-51, 2% (£365), £9B 2s Od; ditto, 15/9/46-48, 3 (£350), £IOO 1.7s Od; Victory, 15/2/55-58, 3 (£200), £99 10s: Stock, 15/9/57-60, 3% (£900), £lO2 15s; Stock, 31/5/54-58, 4 (£850), £107; Bank New Zealand (800). 50s 4d (2): N.Z. Insurance (100), 98s Od; Broken Hill Pty. (200), 47s Od; Consolidated Brick (140), 9s lid; Woolworths, Syd (200), 25s Od; Mount Lyell (150), 28s 3d (2); Mount Morgan. -.380) 8s Bd. Christohurch. Liberty, 15/12/53-56, 3 (£500), £100: Victory, 15/2/55-58, 3 (£200), £99 10s; Stock. 15/0/57-60, 3 1 /, (£605), £lO2 15s; Wool Bonds, 1/2/49 (55), 20s 4d; Union Bank (20), £8 5s Od; Westport Coal (100), 27s 9d; N.Z. Breweries (50). 46s 4d; Broken Hill Pty. (200), 47s Od; Mount Morgan (100), 8s 9d; ditto (500), 9s. Duneciln, —Bank New Zealand (50), 50s 3d; ditto (100), .50s 4(1; Commercial Bank Australia (400), 18s 4d; National Bank New Zealand (100), 55s Od; Union Steam, pref. (100), 32a lOd; ditto (100), 32s 9d; N.Z. Breweries (100), 40s Od; Broken Hill Pty (200), 47s Od (2); Colonial Sugar (5), £OO 4s; John Bolleid (1000), 13s 3d; Bruce Woollen (100), 375; N.Z. Drug (04). £o Os 3d; Mount Lyell (50), 28s. Unofficial list: Mackintosh. Caley. Phoenix (500), 35s Od (2). ACTIVITY IN TIN SHARES AUSTRALIAN LIMITS REVISED Eastern tin shares responded briskly on the Sydney Stock Exchange on Wednesday to (he wider trading scope created by higher pries limits. Seven shares brought increased prices. Three reached the new maximums. The gains brought out sufficient scrip to satisfy the demand in most instances. Kuala Kampar with a gain of l J / 3 d, sold freely at 15e 7Vjd. Sellers disposed of 1700 shares. Mount Morgan was traded at the new high limit of 9s. an advance of 9d on the last Higher maximum prices for Eastern tin shares were prominent in the monthly share revision list which came into operation on Wednesday. Included in the new limits were:— Hadfields Steel, minimum Os Od, maximum lis Od. ceiling 20s (downward revision); Loloma, 20s, 236. 25s Od; ditto, con., 21s 9'i, 21s 9d 25s Od; Mount Morgan, 7s. 9s, 10s Od; Ngaliere, Bs, 9s 3d, 20s (downward); Snowy River, 6s 3d, 7s 9d. lis 3d (downward); Kuala Kampar. lis 9d. 16s 9d, 19s 3d; Larut, 5s 3d'. 6s Od. 8s 3d; Sulphide Corporation, ord., 8s 9d, 10s. 15s (downward). NEW PRIVATE COMPANIES New private companies with a capital of over £3OOO have been registered in Auckland !lS S»°iral W Welded Pines (N.Z.). Ltd.—Capital, £ 12.500 in 12.500 shares of £1 each. Shareholders: New Zealand Steel Pine and Tank Co. Ltd., 12,499 shares; J. G. Marsden. 1. Object: Dealers in pipes. Ha.vmarket Btores. Ltd. —Capital. £IO.OOO in 10.000 shares of I*l each. Shareholders: c. Bellamy and J. P. McLean, each 5000 shares. Object: General storekeepers. L Kosoof, Ltd. —Capital, £7500 in 7500 shares of £l each. Shareholders: L. Kosoof, 6075 shares; C. Kosoof. 1425. Object: Drapers (Utintl.v). Otorohanga Lime Co.. Ltd.—Capital. £6OOO in 6000 shares of £1 each. Sharehold- i ers: J. Mearns, 2570 shares: G. Kimpton. 1075;j H. W. Shove and F. W. L., Milne, each 560- G. McL. Mearns. 335: J. M.' Smith and L W. Keals. each 280: J. P. Hooper. 140. Obiect: Lime and fertiliser manufacturers. R B Swann and Co.. Ltd. —Capital. Cstioo in 5000 shares of £1 each Shareholders: R 1 B Swann. 1500 shares; M. Swann. 500 I Obiect: Taxation advisers Hamilton Autos, Ltd.—Capital, CISOO in . 1500 shares of £1 each. Shareholders: 11. 1 Deverell 2500 shares: A. C. Sim. 1000: F. K While and K N Brown each 500 Object- | Dealers in motor vehicles etc. Parkinson and Bouskill. Ltd Capital. C 3500 in 3500 shares of tl each. Share- ( holder*• Tl H. Parkinson. H. V. Parkinson. 1 M K Parkinson K. K. Parkinson, each 875 1 «h---«•■ Monumental masons. j