STOCKS AND SHARES

Taranaki Daily News, 1 December 1934, Page 12

STOCKS AND SHARES

NEW ZEALAND EXCHANGES. YESTERDAY’S TRANSACTIONS. Transactions on the New Zealand stock exchanges yesterday as reported by the Press Association as follows:— Wellington:—Sales: Reserve Bank of New Zealand, £6 9s 3d; Consolidated Brick, 10s; Skipper’s, Dunedin:—Reported sale: Reserve Bank, £6 10s. Auckland: —Sharemarket sales: Bonds, 1946, 4 per cent., £lO5 15s; Stock, 1946, 4 per cent., £105; Amalgamated Brick (Auckland), 1944, 7% per cent., £103; Bank of New South Wales, £32 10s (3); Bank of New Zealand, 48s 6d; New Zealand Insurance, 68s 3d; Abraham and Williams (pref.), 87s; Guarantee Corporation, 5s lOd; Auckland Gas (con.), 19s 6d; Devonport Ferry, 245; Northern Steam, 6s 8d; Bartholomew Timber, 14s 6d (2); TaupoTotara Timber, 5s (2); British Tobacco, 42s 6d; Electrolytic Zinc (pref.), 35s 3d; New Zealand Refrigerating (£1 paid), 20s 3d; Blackwater, 33s 6d; Golden Dawn, 3s (2); Broken Hill Proprietary, 53s 6d, 535. Unofficial list: Auckland Farmers’ Freezing, £1; Brunner Collieries, 1938, 8 per cent., £9O; Woolworth (West Australia), £5 15s. Christchurch: —Sales of unlisted, stocks: New River (4%d (paid), 5d (4), 5%d (3), 5%d; Procera Bread (10s paid), 14s; Snowy River, l%d (3); Woolworth’s (Sydney), ord., 775. Sales of listed stocks: Commercial Bank of Australia, 16s; Reserve Bank, £6 10s (2); Goldsbrough. Mort, 29s 3d (4); New Zealand Refrigerating (£1 paid), 20s 3d (3); New Zealand Refrigerating (10s paid), 9s lid (4); Christchurch Gas, 35s (2); New Zealand Breweries (cum div.), 49s 4d (2); Timaru Brewery (7s 6d paid), 7s 9d (2); Tooth's Brewery, 50s 4d (2); Beath and Company, 32s 6d; British Tobacco, 42s 9d, 42s 8d; Colonial Sugar, £4l 3s; Big River, Is 6d; Golden Dawn, 3s 1 ; Mahakipawa, lOd (2). Reported sales: Consolidated Brick, 10s Id; Electrolytic Zinc (pref.), 34s lOd; Golden, Dawn, 3s l%d; Skipper’s, 81£d. INDUSTRIAL SHARES FIRM, YESTERDAY’S AUSTRALIAN SALES. By Telegraph—Press Assn.—Copyright. Rec. 8.40 p.m. Sydney, Nov. 30. Leading industrial securities continue very firm on the Stock Exchange. Pastorals have recovered their ground and banks are generally steady, but giltedgeds are sagging. To-day’s sales included: Bank of New South Wales, £33; Commercial Bank of Sydney, £l7 18s; United Insurance, £ll 7s; Associated News, 25s 6d; Burns Philp, 58s 6d; Burns Philp, South Sea, 24s 3d; British Tobacco, 42s 9d; Tooth’s, 51s; ditto, New Zealand delivery, 50s 9d; Automatic Totes, New Zealand delivery, 21s Australian Iron and Steel (pref.), 23s 4%d; Australian Glass, 625; Goldsbrough Mort, 30s; ditto, New Zealand delivery, 29s 10%d; Wilcox Mofflin, 10s; David Jones, 425; Anthony Hordern, 18s; Standard Cement, 18s 6d; Mount Morgan, 25s 6d; Broken Hill Proprietary, 53s 3d; South Broken Hill, 80s 6d; Kuala Kampar, 13s 6d; Rawang, 8s 4d; Euratha Gold, 6s 9d; Commonwealth Bonds, 4 per cent., 1938, £lO6 ss; 1941, £106; 1944, £lO7 13s 9d; 1950, £lll ss; 1953, £lll 7s 6d; 1955, £lll 10s; 1957, £110; 1959, £lll 10s.

Sales on the Melbourne Stock Exchange were: National Bank (10s paid), £l2 Ils; North Broken Hill, £5 3s. LOAN AND MERCANTILE PROFIT. By Telegraph—Press Assn.—Copyright London, Nov. 29. The New Zealand Loan and Mercantile profit for the year was £157,038, including £27,125 brought in, and £77,413 was brought forward. BRADFORD TOPS MARKET. SLIGHT EASING IN VALUES. By Telegraph—Press Assn.—Copyright. London, Nov. 29. Moderate business was done on the Bradford tops market which is quiet. Following are to-day’s quotations and those for the three previous weeks:— Nov. 8 Nov. 15 Nov. 22 Nov. 29 Per lb. Per lb. Per lb. Per lb.

ANIMATED WOOL SALE. GOOD MARKET AT BRISBANE. By Telegraph—Press Assn.—Copyright. Brisbane, Nov. 30. The wool sales closed with a very animated market and compared with earlier sales the market was very firm, any change being in sellers’ favour. Greasy sold at 16*4d and scoured to 25%d. AUSTRALIAN PRODUCE. By Telegraph—Press Assn.—Copyright. Sydney, Nov. 30. At country sidings bagged wheat is quoted at Is 9d and bulk at Is Bd, equal to about 2s 4d ex trucks at Sydney. Flour, £7 5s ton; bran, £5 ton; pollard, £5 5s ton; potatoes, Tasmanian to £ll ton, Victorian £B, local (new) £10; onions, Victorian brown, £8 ton; maize, white and yellow, 3s 3d bushel. Melbourne: —Wheat, 2s 614 d bushel; flour, £7 ton; bran, £4 15s ton; pollard, £5 ton; oats, dull, Is lOd to Is lid bushel; barley, English, 2s lOd to 3s 2d bushel; maize, 3s 7d bushel; potatoes, Rejisoil, £5 to £5 10s ton; onions, quiet, Globes £6 to £6 5s ton, Brown Spanish £5 to £5 10s. Adelaide:—Wheat, growers’ lots, 2s 4%d bushel; flour, bakers’. lots, £7 7s 6d ton; bran, £5 ton; pollard, £5 2s 6d ton; oats, Is 8d to Is 9d bushel; barley, 2s 814 d bushel. CANTERBURY MARKETS. BUSINESS GENERALLY SLACK. By Telegraph—Press Association. Christchurch, Last Night. Fowl feed is very firm and some business has been done at 3s 914 d, f.o.b.s.e. There has been more inquiry this last week. There has been a little business in forward potatoes, April-May-June delivery being sold at £3 17s 6d. This is equivalent to about £2 7s 6d to £2 10s on trucks. No interest is being taken in the oats market. Early crops are now coming into ear and will yield well. There is no business in the small seeds market. There is very little of. any particular seed in farmers’ hands, and merchants are not being bothered about quoting for stocks on hand. Ryegrass has eased and nominally is quoted at up to 2s 6d a bushel on trucks. Not much, however, would be bought by merchants at this figure, as the indications are that the new crop will be ample. Cocksfoot is quoted at up to 7d, all red clover at 7d to 8d and white clover at 9d. All these prices are more or less nominal, as merchants are not anxious to buy.

d. d. d. d. Seventies .. . 29 28% 28 27% Sixty-fours . , 27 26 25% 25 Sixties .... 25 24 23% 23 Fifty-sixes . . 19% 19% 19 18 Fifties . 14 14 14 14 Forty-sixes . . 11 11 11 103/ 4 Forties .... 9% 9% 9% 9%