FINANCE AND COMMERCE

Taranaki Daily News, 17 August 1933, Page 16

FINANCE AND COMMERCE

SHAREMARKET TRANSACTION. NEW ZEALAND EXCHANGES. The Press Association reports the following sales on Dominion stock exchanges yesterday:— Wellington: Reported sale: New Zealand Government 4 per cent, bonds, 1940, £lOl, 1935 £lOO 10s; Central Shotover, 9d. Dunedin: Bank of New Zealand, 49s 9d; Gillespie’s Beach, Is lljd. Repotted sale: Commercial Bank of Sydney, £lB. Auckland: New Zealand Government 4 per cent, bonds, 1940 £lOl, 1949 £lOl ss, 1955 £lOO 10s; ditto stock, 1955, £lOO 10s (2); Commercial Bank of Australia, 16s 4d, 16s 3d; National Bank of New Zealand, £4 3s; National Bank of Australasia (paid), £l3 2s; Bank of New Zealand, 49s Bd, 49s 7d; Union Bank, £9 4s; Farmers’ Co-op. Auctioneering Co. <B pref.), 14s lid; Renown Collieries, 2s 3d; Devonport Ferry, 20s; New Zealand Breweries, 35s 3d; Burns Philp, 51s 3d; Consolidated Gold, 15s 4d; Waihi, 24s 6d, 24s 9d; Waihi Junction, 3s 9d (2), 3s 8d; Waitohu, 7s 5Jd (2). Christchurch: New Zealand Government 4 per cent, stock, 1940, £lOl 2s 6d (2); Commercial Bank of Australia, 16s 3d; E., S. and A. Bank, £5 9s (2); Bank of New Zealand, 49s 6d; Huddart Parker, 30s 6d (2); New Zealand Refrigerating (10s paid), 6s lid (4), 7s; New Zealand Breweries, 35s 3d (2); Electro. Zinc (pref.), 31s 9d; Mount Lyell, 21s 9d; Howard Smith, 9s lid; Alexander Mines (13s 6d paid), 225, 22s 3d, 235, 23s 3d, 23s 2d, 235, 23s 2d; Blackwater Mines, 32s 3d; Consolidated Gold, 15s; Lawson s Flat (Is paid), Is lid; Mahakipawa, 2d; Okarito (cum div.), 11s lOAd; Waihi Grand Junction, 3s 9d. Sales reported: New Zealand Government 4 per cent, bonds, 1955, £lOO 15s; Bank of New South Wales (cum div.), £33 10s (2); Westport Coal, 13s Id. SYDNEY MARKET STEADY. By Telegraph—Press Assn.—Copyright. Rec. 8.45 p.m. Sydney, Aug. 16. In a rather quiet market to-day a generally steady undertone was maintained. Sales were: Bank of New South Wales, £33 7s6d; National Bank (£5 paid), £6 8s; Colonial Sugar, £59 12s 6d; Howard Smith, 10s sd; Australian Gas (A), £7 7s 6d; Anthony Hordern (N.Z. delivery), 10s sd; ditto (pref.), 19s lOJd; Australian Provincial Assurance, Ils 6d; Australian Glass, 50s 3a; Goldsbrough Mort, 28s 3d; Henry Jones, 38s 9d; Australian Iron and Steel, (pref.), 15s 9d; Edwards Dunlop, 31s'Gd; Dunlop Perdriau, 18s 3d; Standard Cement, 16s 3d; Hoyts (A, pref.), 14s 6d; Meggitts, 20s 7Jd; Winchcombe Carson, 27s 10Jd; Wilcox Mofflin, 8s 4d; Broken Hill Proprietary, 375; Bulolo Gold, 88s; Bulolo Deposits, 2s 73d; Mount Morgan, 39s 103 d; Tooth’s Brewery, 38s 6d; Toohey’s Brewery, 23s 6d; Commonwealth 4 per cent, bonds, 1938 £lO3 ss, 1941 £lO3 8s 9d, 1944 £lO4, 1950 £lO3 7s 6d, 1953 £lO3 17s 6d, 1955 £lO4, 1957 £lo4kss, 1959 £lO4 10s, 1961 £lO5. Melbourne reports the following sales: Goldsbrough Mort, 28s 3d; Herald-Times, 45s 6d; Electrolytic Zinc (pref.), 32s 6d: Taranaki Oil, 2s 6d, LONDON STOCK EXCHANGE. Rec. 5.5 p.m. London, Aug. 15. Stock exchange prices are: Bank of Australasia, £10; Bank of New South Wales, £26 15s ; ex.; Union Bank of Australia, £8 ex.; National Bank of New Zealand, 705;.. Bank of,New Zealand, £101; ditto, shares, 48s; Loan and Mercantile, £75 lbs; ditto (ord. stock), £27 10s; Bulolo, 70s. GEAR MEAT COMPANY. CAPITAL REDUCTION. By Telegraph—Press. Association. Wellington, Aug. 16. An extraordinary meeting of the Gear Meat Company resolved to reduce the capital from £460,000 (divided into fullypaid £1 shares) to £230,000 (divided into fully-paid 10s shares) by returning to shareholders the equivalent of 10s per share by transferring Government inscribed stock.