FINANCE AND COMMERCE

Taranaki Daily News, 14 September 1934, Page 3

FINANCE AND COMMERCE

SHAREMARKET TRANSACTIONS.

NEW ZEALAND EXCHANGES.

Sales on New Zealand Stock Exchanges are reported by the Press Association as follows:—

Wellington:—Sales: 4 per cent. Stock, 1940, £108; British Tobacco, 38s 5d and 38s 6d; Colonial Sugar, £66 15s; New Zealand Refrigerating (£1 paid), 19s 6d; Mt. Lyell, £1 0s 3d; Big River, Is. Dunedin:—Reported sale: Bank of New Zealand, 48s. Auckland: Sales: Stock, 1955, 4 per cent., £lll 7s 6d; Auckland Harbour Board, 1947, 5i per cent, £lO6 10s; Mt. Eden Borough, 1956, 4-J per cent, £lO5 ss; Commercial Bank of Australia, 17s 9d, 17s Bd, 17s 9d; E. S. and A. Bank, £5 8s; National Bank of New Zealand, £3 14s 6d; Bank of New South Wales, £32 (2 parcels); Reserve Bank, £6 9s 3d; Australian Prov. Ass., 10s 4d (2 parcels); National Insurance; 20s 3d; Kauri Timber, 18s 3d; National Timber, 13s 6d; Kaiapoi Woollen, 12s lOd; Wellington Woollen, (pref.), £5 10s; Consolidated Brick, 10s 9d, 10s sd, 10s 4d; Farmers’ Trading, 6s 4d (3 parcels); do. B pref., 14s; Farmers’ Fert., 20s; Wilson’s Cement, 30s 3d (2 parcels); Woolworths, Sydney, (second pref.), 275; Gillespie’s Beach, Is 10£d; Broken Hill Pty, 49s lOd. Unofficial list: Woolworths (Sydney) ord., 725; same, Victoria, 275; Saddle Mines, HJd. Christchurch:—Sales on exchange: New Zealand Government 4 per cent. Inscr., 1940, £108; Commercial Bank of Australia, 17s 8d (2 parcels), 17s 9d, 17s 8d; National Bank of Australasia (£lO paid), £l2 18s; Bank of New Zealand, 48s, 48s Id; Reserve Bank, £6 8s 9d (2 parcels); National Insurance, 20s 2d; Goldsbrough Mort, 30s 6d; New Zealand Refrig. (£1 paid), 19s 6d; Anthony Hordern, 14s lid (2 parcels); British Tobacco (cum div.), 38s 6d (3 parcels); Broken Hill Propty, 50s; Consolidated Brick, • 10s 8d; Big River, Hid; Brian Boru, Is 4d; Goldfields Dredging, Is; Mahakipawa (pref.), 1930 issue, Is 3d; Mataki 2s 7£d; Mining House Concessions, Mt. Lyell, 20s 3d (3 parcels); Skippers, 7d. Sales reported: Bank of Australasia (cum div.), £*ll 16s; Bank of New Zealand, 48s; New Zealand Insurance, 655; Quill Moris (in liquidation), 3s 3d; Nokomai, 4s; Big River, Is (2 parcels); Bank of New Zealand, 48s Id (2 parcels); British Tobacco, 38s 6d; Nokomai, 4s 2d (2 parcels); Mt. Lyell, 20s 3d. Unlisted stcoks: Woolworths, Sydney (ord.), 72s (2 parcels). GOOD COMPETITION AT SYDNEY. WOOL SALE PRICES STILL FIRM. By Telegraph—Press Assn.—Copyright. Rec. 8.50 p.m. Sydney, Sept. 13. At the wool sales 8387 bales were offered and 6576 sold, while 1013 were also sold privately. There was good general competition and the market closed firm at the previous day’s level of prices. The position regarding shabby fleece and burry fleece lines has not improved, these still selling somewhat irregularly. Greasy Merino sold to for eight bales from Scone. The average price of wool for the first three days of the week was £l2 Ils 4d or 9.4 d a pound. CONFIDENCE DISPLAYED. SYDNEY STOCK EXCHANGE. Rec. 7.55 p.m. Sydney, Sept. 13. With the Federal elections only two days off investors on the Stock Exchange displayed marked confidence and bid up strongly for all classes of sound stocks and shares. Values moved almost uniformly on the up grade and the turnover was large. Quotations are: Bank of New South Wales, £32 15s; Commercial Bank of Sydney, £18; Commercial Bank of Australia, 18s;, pref. £9 17s; National Bank (£5 paid), £6 11s; Colonial Sugar, £67 12s 6d; Australian Provincial Assurance, 10s 4d; Associated News, 24s 6d;, pref., 245; United Insurance, £11; Australian Gas A., £7 18s 6d; British Tobacco, 395; Tooth’s, 46s 9d; Toohey’s, 29s 9d; Australian Glass, 545; Dunlop Perdriau, 20s 3d;' Goldsbrough Mort., 30s 6d; Morris Hedstrom, 16s 3d; Millaquin Sugar, 345; Electrolytic Zinc, 27s ljd; David Jones, 355; Anthony Hordern, 15s 3d; Standard Cement, 19s 6d; Australian Iron and Steel, pref., 23s 6d; General Industries, pref., 245; Mt. Morgan, 34s 9d; Mt. Lyell, 20s lid; Broken Hill Proprietary, 50s; Gordon and Gotch, 45s 3d; Placer Development, £26 10s; Euratha Gold, 10s 6d. Melbourne:—Commercial Bank’, 18s 3d; Nestles pref., 375; Electrolytic Zinc, pref., 35s 6d; Australian Glass, 545; Mt. Lyell, 20v 3d; North Broken Hill, £5.