SHARE MARKET

Southland Times, Issue 22999, 19 September 1936, Page 4

SHARE MARKET

INVERCARGILL STOCK EXCHANGE YESTERDAY’S CALL-OVER At yesterday’s call-over on the Invercargill Stock Exchange the following prices were quoted:—

SYDNEY STOCK EXCHANGE INDUSTRIAL SHARES STILL FIRM. (United Press Assn.—Telegraph Copyright.) (Rec. 8.30 p.m.) Sydney, September 18. Dealings on the Stock Exchange to-day were devoted mainly to industrial shares, in which the hardening tendency noted yesterday was well maintained. Banks, however, were neglected.

Melbourne Sales. The industrial market was strong, Electrolytic Zinc being in demand. _ Bonds and barrier stocks were a little easier. £ s d

G. J. COLES & CO., LTD (United Press Association.) Wellington, September 18. The New Zealand Stock Exchange Association has advised by cablegram from Melbourne that G. J. Coles and Co., Ltd., announce an interim dividend of ordinary shares at the rate of 2£ per cent, for the quarter- ending September 30. Mr A. W. Coles has been reappointed managing director and Mr F. P. Derham a director. Messrs M. B. Moffatt and F. O. Coles resigned from the board on September 16. DAIRY PRODUCE BUTTER WEAK: CHEESE QUIET. (United Press Assn.—Telegraph Copyright.) London, September 10. The butter market is weak, and cheese is quiet. Quotations: — Blitter. September 10 September 17. Danish 127/- to 128/- 123/New Zealand — Choicest salted 10a/- to 106/* Unsalted 109/- to 110/- 106/- to 107/Australian 109/- to 110/- 106/- to 107/Chccsc. New Zealand — White 69/- 67/- to 67/6 Coloured 67/- 65/Australian A. S. Paterson and Co., Ltd., Dunedin, have received the following cable from their principals, J. and J. Lonsdale and Co., Ltd., London:— Butter.—Market easier after temporary activity. New Zealand and Austialian, 105/-; Danish (market slow), 103/-; landed cost, 124/-. Cheese.—Market steady on small available stock. White cheese, 67/- to 67/6; coloured, 65/6. THE WOOL MARKET STRONG COMPETITION AT LONDON. (United Press Assn.—Telegraph Copyright.) London, September 17. At the wool sales 11,047 bales were offered, including 5920 from New Zealand, and 9424 were sold. There was an excellent selection which met with strong competition, especially from the Home trade. Rates were well maintained. , New Zealand slipe halfbred lambs “Fairfield,” brought a top price of 17Jd and an average of 163 d. BRADFORD MARKET QUIET. ' (United Press Assn.—Telegraph Copyright.) London, September 17. The Bradford market is quiet. Merino tops show an easier tendency, crossbreds disolay a hardening tendency, and yarns are quiet. Crossbreds are still wanted. Quotations: —

THE N.Z. GUARANTEE CORPORATION

FINAL DIVIDEND DECLARED.

(United Press Association.)

Wellington, September 18,

The board of directors of the New Zealand Guarantee Corporation Ltd. has advised the Stock Exchange Association of New Zealand that at the annual meeting a final dividend of 2d per share would be recommended, making 3Jd for the year.

THE BACON MARKET SCHEDULE OF PRICES. The Southland agent of the New Zealand Pig Marketing Association advises that the following is the schedule which will operate from next Monday:— Baconers (1201 b to 1601 b) —6d a lb. Heavy baconers (1601 b to 1801 b) —4Jd; (1801 b to 2001b)—3d. Choppers—2d. Heavy porkers (801 b to 1201 b) —sad. Porkers (under 801 b) —s;fd.

THE PRICE OF GOLD

(United Press Assn.—Telegraph Copyright.) London, September 17. The price of gold is £6 17/4 an ounce.

Government Debentures. Buyers. Sellers. £ o. d. £ S. a. Stock, 3i p.c., 1938-43 101 5 0 Stock, 31 p.c., 1938-52 103 15 0 Stock, 31 p.c., 1939-43 101 5 0 1939-52 103 15 0 Stock, 4 p.c., 1940 101 5 0 — Bonds, 4 p.c., 1940 101 5 0 Stock, 4 p.c., 1946 103 10 0 Bonds. 4 p.c., 1946 103 10 0 Stock, 4 p.c., 1949 105 10 0 — Bonds, 4 p.c., 1949 105 10 0 — Stock, 4 p.c., 1955 105 10 0 — Banks. National of New Zealand 3 0 6 3 2 6 Commercial 0 18 3 0 18 6 Commercial, pref. 4 p.c. (cum.) 9 0 N.S.W. 0 32 17 6 New Zealand 1 19 0 — National of Australasia 14 10 0 Australasia 12 0 0 Breweries. N.Z. Breweries (shares) 2 10 0 2 13 0 Tooth’s Brewery 2 15 9 Staples’ Brewery 1 14 9 Coat Kaitangata 1 1 0 — Westport Coal — 1 3 3 Insurance. National 0 18 2 — Loan and Agency. Goldsbrough, Mort and Co. 1 14 U N.Z. Loan and Mercantile 32 0 0 — Meat Companies. N.Z. Refrigerating— (20/- paid) 1 0 0 (10/- paid) 0 9 1 — Southland Frozen Meat.— (ord. and pref.) 3 13 6 — South Otago Freezing Co. 8 0 0 Shipping. Union Steam Ship Co. (pref.) 1 6 0 — P. and O. Stock 1 11 0 Howard Smith 0 19 b Woollen Mills. Bruce 0 14 6 Kaiapoi (cont.) 0 6 7 Oamaru 1 0 6 — Miscellaneous. Broken Hill Pty. (cont.) 2 16 3 — Dominion Rubber Co. 1 8 6 Donaghy’s Rope and Twine 2 11 0 Milburn Lime and Cement 2 3 6 G. J. Coles 4 2 9 British Tobacco (Aust.) 2 3 0 Dunlop Rubber (Aust.) 0 17 9 0 18 2 Hume Pipe (Aust.) — 1 0 0 Australian Glass 4 13 6 — N.Z. Guarantee Corporation 0 5 4 —— Dominion Fertilizer 1 4 3 1 5 0 N.Z. Paper Mills 1 6 3 — N.Z. Farmers’ Fertilizers 1 0 9 Mining. Okarito 0 5 6 Wai tali u 0 2 3 Big River 0 1 9 0 2 1 Gillespie’s Beach 0 1 61 King Solomon 0 1 1 Mount Lyell 1 9 b Mount Morgans 0 12 3 0 12 11. Waimumu 0 o m Kildare 0 2 6 Electrolytic Zinc — (ord.) 2 2 0 — ' Waipapa 0 1 0 Unlisted. Woolworths (Sydney) — 5 10 0 — NORTHERN EXCHANGES SALES ON ’CHANGE —- AUCKLAND. .e s d Stock 1940 4 p.c. 101 15 0 Stock 1940 4 p.c. (2) 101 15 0 Auckland Harbour 1937 pc> 101 0 0 South British 4 9 3 Auckland Gas (2) i 3 0 Taupo Totara (pref.) 15 0 Kaiapoi (7/- paid) 6 2 Dominion Breweries (2) i 11 6 Broken Hill 3 16 3 do. (rights) 3 0 Dunlop Perdriau 18 0 Electrolytic Zinc 2 3 do. (pref.) 2 4 6 Milne and Choyce (deb.) 14 0 Mount Morgan (2) 12 6 WELLINGTON. £ s d South British Insurance (Thurs.) 4 9 6 Dominion Breweries (Thurs.) 1 11 6 Auckland City 4 p.c. 1963 104 10 0 Guarantee Corporation (cum. div.) 2 17 3 Goldsbrough Mort 1 14 3 National Bank of New Zealand (3) 3 0 0 Oamaru Woollen 1 1 3 Broken Hill Propty 3 17 6 do. (2) 3 16 0 British Tobacco 2 2 9 do. 2 2 10 Mount Lyell 1 9 4 do. 1 9 4 Unofficial. Woolworths (Sydney) 5 8 0 Shillings Ltd. 14 5 do. 14 6 CHRISTCHURCH. Listed. £ s d New Zealand Government 4 p.c. Inscribed 1937-40 101 15 0 Commercial Banlc of Australia 18 4 Bank of New Zealand 1 19 2 Goldsbrough Mort 1 13 8 ; New Zealand Breweries 2 12 6 ; Anthony Hordern 18 8 i Broken Hill Propty. 3 16 1 do. (ex rights) 3 16 0 Dunlop Rubber (cum. div.) 18 1 ! Electrolytic Zinc (ord.) 2 3 0 ; Electrolytic Zinc (pref.) 2 4 5 | G. J. Coles (cum rights) ■ (cum div.) 4 0 9 [ Wilcox Mofflln (cum div.) (2 1 12 5 1 Argo (cum. div.) (4) 1 9 ' Mount Lyell 1 9 4 do. 1 9 3 j do. 1 9 3)4 Mount Morgan 12 4 1 Rawang Tin 9 2 Sales Reported. New Zealand Government 4 p.c. Inscribed 1937-40 (2) 101 15 0 Commercial Bank of Australia (2) 18 4 New Zealand Guarantee Corpora tion (cum. div.) 5 7 Staples Brewery 1 15 0 Broken Hill Propty. (15/- paid 2 16 3 Electrolytic Zinc (pref.). 2 4 6

G. J. Coles (cum. rights) Mort Dock Rawang Tin Sulphide Corporation 4 0 6 11 11 9 2 10 'J Unlisted. Woolworths (Syd. ord.) 5 7 0 DUNEDIN. £ S d Commercial Bank (Thursday) 18 4 do. 18 4 New Zealand Breweries 2 12 6 Dunedin Brewery 1 10 0 Electrolytic Zinc (ord.) 2 3 0 Argo (cum. div.) 1 9 ¥2 Gillespies Beach 1 6 4p.c. Stock 1937-40 101 15 0

Sales:— £ s d Bank of New Zealand 1 18 9 South British Insurance 4 10 0 Huddart Parker (ex div.) 1 15 9 Associated Newspapers 1 3 Associated Newspapers (pref.) 1 2 9 Australian Gas (A) 7 7 0 British Tobacco 2 3 9 Tooth's Brewery 2 17 0 Drug Houses 1 12 9 Goldsbrough Mort 1 14 7y 2 Winchcombe Carson 1 14 6 Henry Jones 2 0 Electrolytic Zinc 2 4 0 Electrolytic Zinc (pref.) *- o u Farmers 1 13 0 Australia Hotel 1 6 6 Mauri Brothers (ex div.) 3 5 9 Morts Dock 12 2 Pelaco 5. 10 Edwards Dunlop 2 4 3 Woolworths (ord.) — Buyer o 7 0 Seller 5 8 6 Mount Lyell 1 9 9 South Broken Hill (ex div.) 6 3 6 Larut 11 9 Lady Shenton 2 11 Placer Development 4 18 0 Mandated Alluvials 1 6 9

Commercial Bank of Australia 18 7 National Bank (.£5 paid) 7 4 0 National Bank (£10 paid) 14 10 0 Howard Smith 19 4 Carlton Brewery 3 0 3 G. J. Coles 4 2 3 Australian Glass 4 15 0 Dunlop Perdriau Rubber 18 4 Goldsbrough Mort 1 14 Electrolytic Zinc 2 4 0 Electrolytic Zinc (pref.) 2 5 6 Victoria Nyanza 12 6 Mount Morgan 12 7 Mount Lyell 1 9 7*2 Broken Hill Propty. 3 16 9 North Broken Hill 9 19 0 Emperor 15 2 Loloma 1 3 9 Sulphide Corporation 16 6 Hume Pipe .19 10

Aug. Sept. Sept. Sept. 27. 3. 10. 17. Per lb. Per lb. Per lb. Per lb. d. d. d. d. 70’s 34 34 34 .33’/ s 64’s 32 32'/ 2 321/2 32 60’s 31’2 31 ’,'2 31','2 31 58’s 25'.'2 25',2 251'2 25'/ 2 56’s 20’a 20'/. 20’,2 20'/ z 50’s 16 16 16 16 46’s 14 li 14'A 141'4 14 44’s 13',' 2 13 >/ 2 13','2 13’,2