COMMERCIAL

Timaru Herald, Volume CXXXVII, Issue 19805, 22 May 1934, Page 16

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE latest quotations Special to " The Herald ” CHRISTCHURCH, May 21. The following quotations were ruling w.ien the Stock Exchange closed for the day:—

Unlisted Stocks. All transactions in stocks quoted in this section are subject to a different rate of brokerage from Listed Stocks, and are not quoted on the official list. Buyers. Sellers.

YESTERDAY'S SALE:

By Telegraph—Press Association AUCKLAND, May ?1. Sales on 'Change.—Wellington Harbour Board 51 per cent £lO6. Bank of New Zealand 50 9, Bank of New Zealand, D pref. 34/9, New Zealand Insurance 62/6, South British Insurance 80/-, Pukemiro Collieries 25/3, Colonial Sugar £64 13s 6d, Mahakipawa 8d (2), 7id. B’.d, Mataki 22/- (2), Waihi Junction 4/11 (2), Kuala Kampar 16 9, Sanford 1/9. Unofficial list.—Harvey Oil Turbine (odd lot) 20/-, Investment Executive Trust iB deb) £9B, Loyal (pref.) 21/-, Golconda Holding 1/4. WELLINGTON, May 21. Sales on 'Change.—Government 4 per cent. Bonds 1940 £lO6, 1946 £lO6 10s, 1949 £lO6 10s, 1955 £IOB 10s, Stock 1955 £IOB, Rural Bonds 1947 5 per cent. £lO3. Union Bank £lO, South British Insurance 80/-. Staples 27/10, Taranaki Oil 2/-, Brian Boru 1/9, Kuala Kampar Tin 17/-. CHRISTCHURCH, May 21. Sales on 'Change.—Worksop Extended (1/- paid( 1/8 (3), 1/84 (unlisted), 4 per cent. Stock 1946 (odd lot) £lO6, 1949 (odd lot) £lO6, 1955 £IOB ss, Commonwealth Bank of Australia 16/9, National Bank of Australasia (£5 paid cum div.) £6 10s, National Bank of New Zealand £4 2s, Bank of New South Wales (cum div.) £32 ss, New Zealand Loan and Mercantile (ord. stk.) £56 (2), Pukemiro Coal 26/-, Christchurch Gas 33/6, New Zealand Breweries (cum div.) 42/3. Dominion Builders 4/3 (2), Dunlop Rubber 18/8 (2), New Zealand Farmers’ Co-operative (45 per cent. Stock, 1940) £B2, Brian Boru (1/paid) 1/7, 1/6 (4), Mahakipawa 8d (9), Mining House Concessions (6d paid) 43d (3), 45d. Mount Lyell 21/6. Nevis Diesel Electric 45d, 41d, Okarito 8/5 (2). Sales reported.—National Bank of Australasia (£5 paid, cum div.) £6 10s, Bank of New Zealand 50/9, Colonial Sugar £64 10s (2), Lawson’s Flat sd, Nevis Diesel Electric 45d, Mahakipawa 75d, E. S. and A. Bank £5 Bs, Mt. Lyell 21/6, 21/7, Brian Boru 1/65. DUNEDIN, May 21. Sale on 'Change.—Mahakipawa Bd. Reported sales.—New Zealand Refrigerating (cont.) 8/6, Southland Frozen Meat (ord.) 66/-, Southland Froen Meat (pref.) 66/-, Milbum Lime 32/6, New Zealand Breweries 42/- (2), Mahakipawa 9d, Bd, Moonlight Nelson Creek Bd, Nevis Diesel 4Jd.

SYDNEY STOCK EXCHANGE.

United Press Association—By Electrlo Telegraph —Copyright (Received May 21, 8.10 p.m.) SYDNEY, May 21. On the Stock Exchange to-day there was a strong tone, price variations favouring holders. Gilt edged and general securities displayed an upward trend. Sales: Bank of New South Wales £32, Commercial Bank of Sydney £l6 15s, National Bank (£5 paid) £6 10s, Colonial Sugar £62, Associated News 24/75, (pref.) 24/101, Australian Gas (A>«B Is, British Tobacco 37/9, Gordon and Gotch 41/-, Tooths 46/-, Lustre Hosiery 22/-, David Jones Co-opera-tive 41/-, John McGrath 29/3. Australian Iron and Steel (pref) 22/6. Wilcox Mofflin 12/11, Drug Houses of Australia 18/-, Standard Cement 17/3, Mt. Morgan 23/lid, Broken Hill Proprietarv 47/6, South Broken Hill 72/6, Kuala "Kampar 17/3, Larut 15/45; Rawang 9/-, Mt. Coolon 12/3, Placer Development £25 ss, ditto (New Zealand delivery) £25 ss. Melbourne sales —Commercial Bank of Australia 17/- (pref.) £9 14s, Dunlop Perdriau 18/10, Gordon and Gotch 41/-, Goldsbrough Mort 32/75.

DIVIDEND DECLARED.

By Telegraph—Press Association WELLINGTON, May 21. The directors of Morris Hedstrom, Ltd., have recommended a final dividend of 2 per cent, payable on June 30, making 4 per cent, for the year.

DAIRY PRODUCE.

The South Island Dairy Association, Ltd. has received the following market report from the New Zealand Produce Association, Ltd.. London: —• Butter—Firm, 77/- to 78/-: Danish 87/- to 88/-. Cheese —Steady; white 44/6 to 45/-, coloured 44/- to 44/6

Buyers. Sellers. £ s. d. £ d. N.Z. Govt. Debs.— 3i p.c. Inscr.. 193843 ... 104 10 0 3i p.c. Inscr., 193943 104 0 0 4 p.c. Inscr., 1940 105 10 0 106 5 0 4 p.c. Inscr., 1946 106 0 0 106 10 0 4 p.c. Bonds, 1940 106 5 0 4 p.c. Bonds, 1946 and 1949 . 106 0 0 4 p.c. Bonds, 1955 108 0 0 — Other Debs.— Booth, Macdonald. 61 p.c., 1937 . . 66 10 0 76 0 0 N.Z. Refrigerating, 61 p.c., 1935 . . 100 0 0 N.Z. Refrigerating, 61 p.c., 1934 . . — 101 10 0 N.Z. Refrigerating, 51 p.c., 1935 ,. . 100 0 0 — Banks— Australasia .... 12 10 0 Comm, of Aust. 0 16 8 0 16 10 Comm, of Aust. (pref.) 9 12 6 9 18 0 Comm, of Sydnev 16 17 6 17 0 0 E., S. and A. . . . 5 8 0 5 9 0 National of A’asia (£10 paid cum. div.) . . . 13 1 0 13 6 6 National of N.Z. . 4 1 6 4 3 0 I ew South Wales (cum div.) . . . 32 0 0 32 5 0 New Zealand (cum. div.) 2 10 6 2 11 0 New Zealand ("D” Mort. shares, c. div.) 1 14 0 Union of Aust. . . 9 19 0 10 1 0 Insurance— National 1 0 2 1 1 0 Standard 3 2 9 Loan and Agency Ch.Ch. Building Society .... — 15 0 0 Dalgety and Co. . 10 0 0 10 5 0 Goldsbrough Mort. 1 12 0 1 12 6 Mutual Benefit . . 10 0 0 N.Z. Guarantee Corporation . . 0 4 2 0 4 3 New Zealand Loan and Mercantile (ord. stock) . . 54 0 0 57 0 0 Permanent Investment 8 17 6 Onited Building Society . . . •. 1 0 3 — Invincible Building Society (£5 pd.) — 5 0 0 Shipping— Huddart Parker 1 12 6 1 14 6 P. and O. Deferred Stock — 1 3 0 Frozen Meat— Canterbury (pref.) 5 7 6 5 12 0 N.Z. Refrigerating (10/- paid) . . 0 8 6 0 8 7 North Canterbury Freezing .... 0 11 0 — Wellington .... 0 5 6 — Woollens— Kaiapoi (7/- pd.) 0 2 11 0 3 6 Mosgiel 9 10 0 — Coal— Pukemiro 1 5 0 — Taupiri 0 13 9 0 14 9 Westport (c. div.) 0 16 0 — Gas— Christchurch . . . 1 13 0 1 13 9 Christchurch (10/paid) 0 17 0 — Timaru 1 l 0 — Breweries— New Zealand (cum div.) 2 2 0 2 2 3 Staples 1 7 6 — Timaru (10/- pd.) 0 7 6 — Tooths (cum div.) 2 4 3 2 5 3 Miscellaneous— Anthony Hordern 0 15 0 0 15 9 Australasian Paper and Pulp . . . 1 15 0 1 15 G Aust. Iron & (pref.) 1 1 6 — Beath and Co. . . 1 12 3 1 13 3 Beath and Co. (1/- paid) . . . 0 7 11 — British Tobacco 1 17 0 — Colonial Sugar . . 64 15 0 65 0 0 Dominion Builders Supplies .... 0 4 3 0 4 3 Dominion Fertiliser (cum. div.) 0 17 6 0 18 0 Dunlop Rubber . . 0 18 8 0 18 9 Electrolytic Zinc (ord.) 1 6 2 1 6 9 Electrolytic Zinc (pref.) 1 13 7 1 13 9 General Motors — Holden’s (pf.) 1 1 0 — Kauri Timber . . 0 17 0 — Greater Crystal Palace 1 0 0 1 0 9 Howard Smith . . 0 14 0 — Mason Struthers 0 13 0 1 0 0 Moturoa Oil . . . 0 1 0 — N.Z. Malay Rubber 0 6 0 — N.Z. Farmers’ Co-op. (4i p.c. Stock, 1939) . . — 82 10 0 N.Z Far m e r s Co-op. 4i p.c. Stock, 1940 . . 81 0 0 82 10 0 N.Z. Farmers’ Co-op. (4>- p.c. Stock, 1941) . . — 82 0 0 N.Z. Farmers’ Co-op. (41 p.c. Stock. 1944) . . — 82 10 0 Northern Roller Milling 1 9 3 1 9 9 Taranaki Oil . . . 0 1 11 0 2 r, Wilson’s Cement (cum div.) . . 1 8 0 — Woolworths (N.Z.) (ord.) 5 15 0 Wool worth (N.Z.) (pref.) 1 18 9 2 1 0 Mining— Addison’s Flat . 0 1 6 0 2 9 Alexander 0 16 0 Alexander (13s 6d paid) 0 14 3 0 14 6 Aotearoa 0 0 5 0 0 0 Bell Hill .... 0 1 5 0 2 5 Bell Hooper (1/paid) 0 0 6 0 0 8i Bell Kilgour . . . 0 0 3i 0 0 4i Big River — 0 0 10 Blackwater .... 1 10 0 1 13 6 Central Shotover (9d paid) .. .. 0 0 7 0 0 9 Consolidated . . . — 0 18 0 Freshford (in liquidation) . . . 0 0 01 — Gillespie’s Beach . 0 1 9 0 2 0 Glenroy (9d paid) 0 0 7i 0 0 9 Golconda (9d pd.) 0 0 1 — Golden Dawn . . 0 1 3 — Golden Poiht . . 0 0 3 0 0 32 Goldfields Dredging 0 0 7 0 0 Hi Golden Sands . . 0 2 6 0 3 0 King Solomon . . 0 4 0 0 4 *> Lawson’s Flat . . 0 0 5 0 0 i Maerewhenua . . — 0 0 10 Mahakipawa . . . 0 0 8 0 0 8.7 Do. (pref.) .... 0 1 1 0 1 Mining House Concessions (6d pd) 0 0 4-1 0 0 5 Mount Lyell . . . 1 1 6 1 1 9 Mount Morgan 1 2 6 1 3 3 Moonlight Nelson Creek .... 0 0 71 0 0 9

Nevis Diesel Electrie . . 0 0 41 0 0 U New Cornish Point (6d paid) 0 0 5 0 0 6 Nc.iomai . 0 2 10 0 2 11 Okarito . . 0 8 5 0 8 6 Oxenbridge Shotover (1/paid) 0 0 10 W a i h i Grand Junction (cum div.) . . 0 4 8 0 4 1J Skippers Ltd. (1/paid) . . 0 0 10S 0 0 U Peninsula Tin (22s paid) . . 1 9 5

£ s. d. £ s. d. Anderson Ltd. (1st pref.) Auckland Farmers’ 0 10 0 0 17 9 Freezing (£1 paid) 0 17 0 Ben Ledi (6d pd.) 0 0 4 0 0 Gl Brunner Collieries Claude Neon — 0 6 0 Lights Canterbury Roller 2 4 6 — Flour . . 0 15 0 Jones Nevis <9d paid) Golconda Holding 0 0 7 h 0 0 10 (1/- paid) . . . Investment Execu0 1 2k 0 1 41 tive Trust (B debentures, 2nd issue) .... 93 15 0 94 10 0 Mossy Creek Unpaid) National Tobacco 0 1 71 - (pref.) N.Z. Mining In- — 2 1 0 vestment (1/paid) 0 0 7 0 1 0 N.Z. Woolpacks . . Para Rubber (15/0 10 0 paid) Procera Bread (10/- — 0 16 0 paid) . . 0 12 0 0 15 9 E. Reece, Ltd. (pf.) Opitonui Develop0 1 0 ment (£1 paid) 0 19 3 Smith Wylie . 0 7 1 0 12 3 Snowy River . . . Sun Newspapers 0 0 1 0 0 3 (10/- paid) . . — 0 3 10 South Seas Fishing Tru-Color Films — 0 17 6 (12/- paid, pf.) 0 12 0 1 4 0 Vigilant Fire Alarm Were’s Investment — 0 1 3 Trust Wool worths (Vic- - 0 4 = toria) (pref.) W ool worths (Sy d - 1 5 9 1 7 0 ney) (ord.) Worksop Extended 5 12 0 5 14 0 (1/- paid) ,. . . 0 1 8 0 1 9