COMMERCIAL

Timaru Herald, Volume CXXXVII, Issue 19803, 19 May 1934, Page 5

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS Special to " The Herald ’’ CHRISTCHURCH, May 18. The following quotations were ruling when the Stock Exchange closed for the day:—

YESTERDAY’S SALES. By Telegraph—Press Association AUCKLAND, May 18. Sales on 'Change.—Auckland Harbour Board, 1961,, 55 per cent., £IOB 10/ ; E.S. and A. Bank, £5/8/-; National Bank of Australasia (£5 paid), £6/11/-; Bank of New Zealand, 51/6; South British Insurance, 80/- (3); Devonport Ferry, 23/-; Kaiapoi Woollen (con.), 2/10; Bycroft, 47/-; Dominion Fertiliser, 18/-; Wilson’s Cement, 28/3; Golden Point, 45d, 4id; King Solomon, 4/2; Mahakipawa, 1/05, 1/-; Mataki, 2/2, 2/1; Waihi Junction, 4/10; Rawang Tin, 9/1; Auckland Harbour Board, 1941, 6 per cent., £lO7/15/-. Unofficial list.—lnvestment Executive Trust (2nd B), £96; Golconda Holdings, 1/4. WELLINGTON, May 18. Sales on ’Change.—Bonds, 4 per cent., 1946, £106; 1949, £106; Stock, 1940, £106; Bank of Australasia, £l2/2/6; National Bank of New Zealand, 82/9; Union Bank, £lO/1/- (4); National Insurance, 20/4; King Solomon. 4/4. CHRISTCHURCH, May 18. Sales on ’Change of unlisted stocks— New Zealand Mining Investment (1/paid), 8d; Golconda Holdings (1/paid). 1/3. Reported sales—-Worksop j Extended (1/- paid), 1/105. Sales on ’Change—4 per cent. Inscr., 1940, £lO5/10/- (2); 1946. £lO6 (3); 1949. i £106: 1955, £108; Booth, Macdonald, 65 j per cent., 1937, £66/5/-, £66/10/-; ComI mercial Bank of Australia. 16/10; Na- | tional Insurance, 20/4; Tooths Brewery,

44/9 (3), 44/8; Australasian Paper and Pulp, 35/3; Brian Boru (1/- paid), 1/85 (2); Golden Point, 4d (2), 33d; Lawson’s Flat, sd; Mahakipawa, lid, 105 d, lOd (4); Nevis Diesel Electric, 43d; Nokomai, 3/- (6), 3/05; Skippers Lt. (1/- paid), lOJd; Permanent Investment, £9. Sales reported.—Bank of New South Wales (cum div.), £32/10/-; National Mortgage ("A”), 61/-; Permanent Investment, £9; Colonial Sugar, £64; Golden Point, 41d; Nevis Diesel Electric, sd; New Cornish Point (1/- paid), lOd; Nokomai, 3/-. DUNEDIN, May 18. Sales on ’Change.—Mount Lyell, 21/-, 21/3; Bell-Kilgour, 33d. Sales reported.—Union Bank, £10; Southland Frozen Meat (ord.), 66/-; Moonlight Nelson Creek, Bd. SYDNEY STOCK EXCHANGE. United Press Association—By Electric Telegraph—Copyright (Received May 18, 8 p.m.) SYDNEY, May 18. The Stock Exchange market has recovered from the hesitancy of the past week, but prices to-day underwent only minor changes. Sales: Bank of New South Wales, £32; Commercial Bank of Sydney, £l7; E. S. and A. Bank, £5/9/-; National Bank (£5 paid), £6/10/-; Bank or Adelaide, £5/14/6; Colonial Sugar, £65/10/-; Australian Provincial Assurance, 10/6; Howard Smith, 14/9; Burns Phiip, South Seas, 25/-; British Tobacco, 37/71; Tooths, 45/6; Goldsbrough Mort. 32/6; Morris Hedstrom, 16/10i; Henry Jones Co-op., 32/6; Anthony Hordern (pref.), 25/6; Lustre Hosiery, 23/-; Standard Cement, 17/-; Mt. Morgan, 23/-; Broken Hill Proprietary, 46/3; North Broken Hill, 93/6; Bulolo Gold. £7/10/-; Kuala Kampar, 17/-; Rawang 9/2; Larut, 15/6. Commonwealth bonds (all 4 per cent.): 1938, £lO7/6/3; 1941. £lO6/7/6; 1944, £lO7/10/-; 1947, £lO9 2/6; 1953, £IOB/15/-; 1955, £IOB/17/6; 1957, £lO7/7/6; 1961, £IOB/10/-. Melbourne sales.—Tooths, 45/3; British Tobacco, 37/6; Commercial Bank of Australia, 17/3; Goldsbrough Mort. 32/6; Mt. Lyell, 21/-; Taranaki Oil, 1/8. CURRENCY QUOTATIONS. United Press Association—By Electric Telegraph—Copyright LONDON, May 17. The current dollar quotation is 5.11 to the pound. The franc is quoted at 77 5-16 to the pound. SHARES. United Press Association—By Electric Telegraph—Copyright LONDON, May 17. Shares.—P. and O. deferred shares 17/li; Mt. Lyell 18/-; New Guinea Gold 6/-; Bulolo 125/-.

Buyers. Sellers. £ s. d. £ s. d. N.Z. Govt. Debs.p.c. Inscr., 193843 104 0 0 — 31 p.c. Inscr., 193952 103 15 0 — p.c. Inscr., 193943 104 5 0 — 31 p.c. Inscr., 193952 104 0 0 — 4 p.c. Inscr., 1940 105 0 0 105 10 0 4 p.c. Inscr., 1946 106 0 0 — 4 p.c. Inscr., 1949 106 0 0 — 4 p.c. Inscr., 1955 107 10 0 108 0 0 4 p.c. Bonds, 1940 4 p.c. Bonds, 1946 105 15 0 — and 1949 .... 106 0 0 — 4 p.c. Bonds, 1955 107 10 0 — Other Debs.— Booth, Macdonald, 6* p.c.. 1937 . N.Z. Refrigerating. 66 0 0 - 61 p.c., 1935 . . wo 10 0 — N.Z. Refrigerating, 61 p.c., 1/8/34 . N.Z. Refrigerating. 100 0 0 101 5 0 51 p.c., 1935 . . Wright Stephen100 0 0 — son, 41 p.c., Perpetual 90 0 0 - Banks— Australasia . . . 11 1 0 12 0 0 Comm, of Aust. .. Comm, of Aust. 0 16 10 0 17 0 (pref.) .... 9 11 0 — E. S. and A. . . . National of A’asia 5 7 0 5 8 0 (£10 paid cum. div.) 13 2 6 13 6 0 National of A’asia. (£5 paid, cum div.) 6 10 0 6 11 0 National of N.Z. . New South Wales 4 0 6 4 2 6 (cum. div.) . . 32 5 0 32 15 0 New Zealand (cum. div.) 2 11 3 2 11 9 Union of Aust. . . 10 0 0 10 1 0 Insurance— National 0 19 10 1 0 6 South British . . 4 0 0 4 2 6 Standard 3 2 0 — Loan and Agency Dalgety and Co. (ex. div.) . . . 10 0 0 10 7 6 Goldsbrough Mort. N.Z. Guarantee 1 12 6 Corporation . . 0 4 2 0 4 3 Permanent Investment 8 15 0 9 0 0 United Building Society .... Wright, Stepheni 0 0 - and Co. (pref.) 1 1 3 1 3 0 Shipping— Huddart Parker . i 12 0 — Frozen Meat— Canterbury .... 9 9 0 10 5 0 Gear N.Z. Refrigerating 1 7 0 — (£1 paid) . . . 0 17 9 0 18 3 N.Z. Refrigerating (10/- paid) . . North Canterbury 0 8 3 0 8 7 Freezing . . . 0 11 9 0 18 0 Wellington .... 0 5 6 — Woollens— Bruce 0 9 9 Kaiapoi (17/- pd.) 0 9 7 0 10 0 Kaiapoi (7/- paid) 0 3 0 0 3 6 Mosgiel 10 1 0 10 8 0 Coal— Taupiri 0 10 0 0 15 6 Westport (c. div.) 0 16 0 0 18 0 Stockton (pref.) 0 3 0 0 4 0 Gas— Auckland 1 6 0 Christchurch . . . Christchurch (10/-. 1 12 6 1 14 0 paid) 0 16 0 — Timaru 1 0 0 — Breweries— New Zealand . . 2 1 10 2 2 2 Staples 1 7 6 1 8 3 Tooths 2 4 5 2 5 0 MiscellaneousAssociated Newspapers 1 3 6 — Anthony Hordern . Australasian Papei 0 15 6 0 16 0 and Pulp . . . — 1 15 6 Aust. Iron & Steel (pref.) 1 2 6 1 2 11 Beath and Co. . . Beath and Co. 1 12 0 1 13 0 (1/- paid) . . . 0 7 u 0 8 2 British Tobacco (pref.) .... 1 5 0 — Burns Philp . . . — 2 17 0 Colonial Sugar . . Dominion Builders — 64 5 0 Supplies . . . 0 4 0 0 4 6 Dominion Fertiliser (cum. div.) 0 17 0 0 17 11 Dunlop Rubber .. Electrolytic Zinc 0 18 6 0 18 8 (ord.) 1 6 2 1 6 9

Electrolytic Zinc (pref.) 1 13 3 1 13 6 Henry Jones Co-op. (cum div.) 1 12 0 1 12 9 Howard Smith . . 0 14 3 Kauri Timber . . Mason Struthers 0 16 3 0 17 0 (£1 paid) . . . 0 12 0 New Colosseum . . 1 18 0 N.Z. Drug Co. . . 3 16 6 3 17 6 N.Z. Malay Rubber N.Z. Farmers’ 0 6 0 — Co-op. (1st pref.) 1 15 0 N.Z. Farmers' Co-op. (“A" pref.) 1 5 0 N.Z. Farmers’ Co-op. (41 p.c. Stock, 1940) . . 81 10 0 83 0 0 N.Z Farmers’ Co-op. 45 p.c. Stock, 1941 . . 80 0 0 82 10 0 N.Z. Farmers’ Co-op. (41 p.c. Stock, 1945) . . 80 0 0 N.Z. Farmers’ Fertiliser . . . 0 18 0 0 18 6 N.Z. Newspapers . N.Z. Paper Mills 1 9 3 1 10 0 (cum. div.) . . 1 10 0 1 11 3 North Canterbury Co-op. Flour 0 15 0 0 16 0 Northern Roller Milling .... 1 10 0 Whitcombe and Tombs .... 3 15 0 Wilson’s Cement (cum. div.) . . 1 7 9 Woolworth (N.Z.) (pref.) Woolworths (Svd16 0 - ney) (2nd pf.) . 1 7 3 1 8 3 Mining— Addison’s Flat . . 0 1 10 0 2 9 Alexander .... Alexander (13s 6d 0 16 0 0 17 6 paid) 0 14 6 0 14 11 Aotearoa Bell Hooper (1/0 0 44 0 0 9 paid) 0 0 8 0 0 85 Bismark 0 14 0 Big River .... — 0 0 9?) CH-CH STOCK Exchange —TWO Blackwater . . . Brian Boru (1/1 11 9 1 13 0 paid) 0 1 8 h 0 1 9 Central Shotover (9d paid) . . . 0 0 6 0 0 9 Charleston .... 0 0 3 0 1 6 Gillespie’s Beach . 0 1 10 — Glenroy (9d paid) 0 0 74 0 0 SI Golden Point . . . 0 0 25 0 0 35 Goldfields Dredging 0 0 74 0 0 8 Golden Sands . . Hatter’s Flat (1/0 2 5 0 3 0 paid) — 0 0 7 King Solomon . . 0 4 1 0 4 21 Kuala Kampar 0 14 0 0 17 0 Lawson’s Flat . . 0 0 43 0 0 55 Maerewhenua . . 0 0 9h 0 0 105 Mahakipawa . . 0 0 95 0 0 10 Mahakipawa (pf.) Mining House Con0 1 0 0 1 5 cessions (6d pd.) 0 0 4 0 0 45 Mount Lyell . . . 1 0 9 1 2 3 Mount Morgan . . Moonlight Nelson 1 2 10 1 3 0 Creek .... 0 0 7£ 0 0 9 Nevis Diesel Electrie 0 0 45 0 0 42 New Cornish Point New Cornish Point 0 0 9 0 0 10 (6d paid) . . . 0 0 5 0 0 6 Nokomai 0 2 115 0 3 Oi Okarito C.zenbridge Shot- — 0 8 3 over (1/- pd.) . 0 0 105 0 1 0 Rawang Tin . . . Upper Shotover (9d 0 8 115 0 9 0 paid) 0 0 44 0 1 4 Waihi W a ih i Grand 1 14 0 1 14 9 Junction (c div) 0 4 9 0 4 104 Waitahu .... 0 3 6 0 4 6 Wetherstones . . Skippers Ltd. (1/0 2 0 paid) Peninsula Tin (22/0 0 lOi 0 0 11 paid) 1 0 0 — Unlisted Stocks. All transactions in stocks quoted in this section are subject to a different rate of brokerage from Listec Stocks, and are not quoted on the official list. Buyers. Sellers. £ s. d. £ S. d. Andersons, Ltd. (pref., 1st.) . . 0 10 0 Auckland Farmers’ Freezing (£5 pd.) 4 0 0 — Ben Ledi (6d paid) 0 0 4 Brunner Collieries — 0 6 0 Claude Neon Lights Coulls Somerville 2 7 0 2 8 0 and Wilkie . . 0 10 0 Dominion Life . . Industries Ltd. (12s — 0 2 3 6d paid) .... 0 1 0 0 5 0 Invest. Exec. Trust <“B” debs., 2nd issue) 90 0 0 95 0 0 Mossy Creek (1/paid) 0 1 7 Long Trail .... National Tobacco 0 1 8 (pref.) .... N.Z. Mining In1 10 0 — vestment (1/paid) 0 0 6 0 0 8 N.Z. Perpetual Forests (c. div.) 2 6 0 2 9 0 N.Z. Woolpacks . Para Rubber (15/0 10 0 — paid) Procera Bread (10/0 14 0 0 16 0 paid) 0 11 6 E. Reece Ltd. (pf.) 0 1 0 Oswald Smith . . 0 1 0 0 4 6 Stafford Sluicing . 0 0 u 0 1 3 Smith Wyllie . . . — 0 12 3 Snowy River . . . Stacey & Hawker 0 0 15 — (pref.) .... Sun Newspapers 1 0 0 (10/- paid) . . 0 3 6 0 3 10 Vigilant Fire Alarm Woolworths (Vic- — 0 1 3 toria) (pref.) . Woolworths (Syd- — 1 7 0 ney) (ord.) . . | Worksop Extended 5 12 6 — (1/- paid) . . . 0 1 04 0 1 11