STOCKS AND SHARES

Taranaki Daily News, 12 April 1935, Page 14

STOCKS AND SHARES

NEW ZEALAND EXCHANGES.

YESTERDAY’S TRANSACTIONS.

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

Wellington: Sales on exchange: Union Steam, 27s 8d; Kauri Timber, 18s 7d; Broken Hill, £2 12s 4d; Dunlop, 17s 6d; New Zealand Woolpacks, 12s. Dunedin: Sales reported: Electrolytic Zinc (ord.), £1 3s 4d; Mount Lyell, 19s 4d. ■ ’ ■ \ Christchurch: Unlisted stocks: Woolworths, Sydney (ord.), 88s 4d, 88s sd. Sales on exchange: Commercial Bank of Australia, 15s 6d; Colonial Sugar, £42 10s; Electrolytic Zinc (ord.), 23s 4d> (two parcels); General Motors Holdens (pref.), 22s 6d; Woolworths, N.Z. (ord.), £9 17s 6d; Big River, 2s 6d (six parcels); Brian Boru, 3§d; Goldfields Dredging, 4d; Maori Gully, Is 4d; Mossy Creek, 2s 9Jd (two parcels); Mount Lyell, 19s 6d (two parcels). Sales reported: Goldsbrough, Mort, 28s 9d; Wellington Gas (late sale Wednesday), 43s 9d; Australian Glass, 58s (two parcels); Australian Iron and Steel (pref., cum div.), 22s 6d; Woolworths, N.Z. (pref.), 41s 6d; Mossy Creek, 2s lOd; Maori Gully, Is 4d. (two parcels); Mount Lyell, 19s 6d, 19s 7d; Skippers, 3d; Big River, 2s 6d. Auckland: Sharemarket sales: Mount Eden Borough, 1955-60, 4| per cent., £lO6 10s; ditto, 1056-61, 4i .per cent., £lo6' 10s; Newmarket Borough, 1952, 4J per cent., £107; Amalgamated Brick (Auck.), 1944, 7j per cent., £lOO, £lOO 10s; Gisborne .Sheepfanners, 1941, 6J per cent., £101; Bank of New South Wales, £3O, £3O 2s 6d; Bank of New Zealand, 49s 9d (three parcels); ditto (D mort.), 33s 9d; New Zealand Insurance, 70s 6d; South British Insurance, 98s (two parcels); United Building (Auck.), 20s 3d; Kauri Timber, 18s sd; National Timber, 12s 6d; Dunlop Perdriau, 17s 7d (two parcels); Farmers’ Trading, 7s sd; N.Z. Drug, 79s 6d; Sanford (pref.), 345; Skippers, 3d; Waihi, 42s 9d; Mt Lyell, 19s sd. Unofficial list: Alluvial Holdings, Is Bd.

RESERVE BANK RETURN ASSETS AND LIABILITIES. By Telegraph—Press Association. Wellington, Last Night A Gazette issued to-night contains a statement of the assets and liabilities of the Reserve Bank as at the close of business on April 8. A comparison with

Proportion of reserve (No. 8 less No. 6) to notes and other demand liabilities, 97.07 per cent, (last week 97.27 per cent).

April 1 is:— • I liabilities. April 1 April 8 1. Capital 500,000 500,000 2. General reserve 1,000,000 1,000,000 3. Bank notes ... 9,374,486 9,377,150 Demand liabilities — (a) State . ... 11,930,302 11,743,309 (b) Banks . .... 4,876,119 4,442,108 (c) Other . 9,583 6,543 _ 7. Other liabilities 72,362 80,335 Total ..... £27,763,452 £27,149,444 Assets. 8. Reserve— (a) Gold . ... 3,001,731 3,001,731 (b) Sterling exchange ... 22,458,882 21,820,564 9. Sub. coin . 176,731 , 176,279 12. Investments .. 2,070,223 2,093,510 14. Other assets .. ’ 55,886 57,360 Total . £27,763,452 £27,149,444