STOCKS AND SHARES
NEW ZEALAND EXCHANGES.
YESTERDAY’S TRANSACTIONS.
Transactions on the New Zealand stock exchanges yesterday are reported by the Press Association as follow:— Wellington: Sales: Foui- per cent, inscribed stock, 1955, £112; Union Bank of Australia, £8 12s; Colonial Sugar, £42 10s; Dunlop, 17s 2d; Manawatu Knitting Mills, 36s 9d; Mount Morgan, 37s 7sd; Maori Gully, Is 6sd; Woolworth, Ltd., 89s 6d. Dunedin: Reported sales: Bank of Australasia, £11; National Bank of Australasia, £l2 13s 6d; .Standard Insurance, 725; Milburn Lime, 44s (late sale Tuesday); New Zealand Paper Mills, 44s 6d (cum div.); Mount Morgan, 37s 6d; New Zealand Breweries, 555; King Solomon, 4s 6d (late sale Tuesday). Auckland: Sharemarket sales: Stock, 1949, 4 per cent., £lO7 7s 6d; Hamilton Borough, 1954, 4$ per cent., £108; Commercial Bank of Australia, 15s lOd; Bank of New Zealand, 51s; Australian Provident Assurance, 21s 6d; New Zealand Insurance, 71s (2); Loan and Mercantile, £37 10s; Auckland Gas, 28s; British Tobacco, 395; Colonial Sugar, £42 ss, £42 7s 6d; Consolidated Brick, 8s 9d; Sun Newspapers, ss; Woolworths (N.Z.), £ll, £ll 2s 6d; Gold Dawn, 2s 6d; King Solomon, 4s sd; Skippers, 2sd, 2Jd; Maori Gully, Is; Mount Lyell, 20s 9d. Unofficial list: Woolworths (Sydney), 89s; Alluvial Holdings, Is 9d; Upper Warut, 5s sd. Christchurch: —Unlisted stocks: Woolworth’s (Sydney), ord., 89s 3d; Macetown, lOd; White’s Electric Dredge (6d paid), sd. Sales on exchange: Commercial Bank of Australia, 15s lid; National Bank of New Zealand, 67s 6d; Bank of New South Wales (cum div.), £3l (2); New Zealand Breweries, 55s (3); Colonial Sugar, £42 10s (2); Sun Newspapers, 5s (2)- Big River, 2s 5d (3); Mahakipawa, 8d (2); Maori Gully,. Is 8d (4); Skippers, Kauri Timber, 19s. Sales reported: Mount Lyell (late sale April 30), 21s; Golden Dawn, 2s 6d; King Solomon, 4s 7d; Sun Newspapers, 5s Id; New Zealand Breweries, 55s (3); Reserve Bank, £6 13s 6d; Bank of New South Wales, £3l; National Bank of New Zealand, 67s 6d.
SYDNEY STOCK EXCHANGE. BRIGHTER AND MORE ACTIVE. By Telegraph—Press Assn. —Copyright. Rec. 8.10 p.m. ' Sydney, May 1. The Stock Exchange to-day was brighter and more active than earlier in. the week. Investors are evidently confident regarding the political outlook and there is renewed interest in moving picture interests. Burns Philp recorded a sharp rise on the strength of a favourable balance-sheet. Broken Hill shares moved in sympathy with the boom in silver prices. Sales were: Bank of New South Wales, £3l; Colonial Sugar, £42 10s; United Insurance, £ll 15s; Burns Philp, 62s 6d; Australian Gas A, £8 2s 6d; British Tobacco, 39s Berlei, 365; Tooth’s, 52s 6d; Toohey’s, 29s 3d; Carlton Brewery, 49s 6d; W. R. Carpenter, 535; Meggitt’s, 20s 9d; G. J. Coles, 60s; Henry Jones, 365; Millaquin Sugar, 35s 6d; Electrolytic Zinc, 255; Farmers, 275; Automatic Totes, 20s 6d; General Industries, 16s; pref., 22s 6d; Broken Hill Proprietary, 53s 3d; North Broken Hill, £6; Mount Morgan, 37s Commonwealth Bonds (4 per cent.), 1938, £103.18s 9d; 1941, £lO4 17s 6d; 1944, £lO4 17s 6d; 1947, £lO5 10s; 1950, £lO6 17s 6d; 1953, £lO6 17s 6d; 1955, £lO7 ss; 1Q57, £lO7 ss; 1959, £lO5 17s 6d; 1967, £lO6 2s 6d. Melbourne: Goldsbrough Mort, 30s 6d; Herald-Times, 58s 3d; Metropolitan Gas, £l4; Mount Lyell, 21s.
DOMINION FERTILISER DIVIDEND. By Telegraph—Press Association, Dunedin, May' L The directors of the Dominion Fertilisers Co. recommend a dividend at a rate of 4 per cent, per annum. 50 PER CENT. LOWER WELLINGTON WOOL SALE RETURN. AVERAGE PRICE 6Jd PER LB. By Telegraph—Press Association. Wellington, May 1. The Wellington Wool. Brokers’ Association reports that at the fifth and final sale of the season at Wellington on April 13 a total of 9758 bales was offered, 9193 being sold and 565 passed in. The net weight of wool sold was 33,797,5961 b. The gross proceeds were £92,331 4s 2d, the average price per bale £lO 0s IOJd and the average per pound 6.557 d. The gross proceeds of the five Wellington sales this season totalled £812,202, compared with £1,923,838 for the corresponding sales last season.
COMING LONDON SALES. PROSPECTS FAVOURABLE. By Telegraph—Press Assn.—Copyright. London, April 30. Wool available for the sales on May 8 totals 166,000 bales, including the following new arrivals: Australian 21,400 bales, New Zealand 42,500 bales. It is expected that 166,000 bales will be catalogued. The prospects for the sale are generally regarded as favourable. It is expected that the firmness of the overseas markets will be reflected here. The Germans have been actively buying in South Africa and South America and it is expected they will operate in London.
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Bibliographic details
Taranaki Daily News, 2 May 1935, Page 16
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762STOCKS AND SHARES Taranaki Daily News, 2 May 1935, Page 16
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