COMMERCIAL

Timaru Herald, Volume CXXXVII, Issue 19833, 23 June 1934, Page 21

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS Special to " The Herald '* CHRISTCHURCH, June 22. The following quotations were ruling when the Stock Exchange closed for the day:—

YESTERDAYS SALES. By Telegraph—Press Association AUCKLAND. June 22. Sales on ’Change.—Bonds 1946. 4 per cent., £lO6/15/-; 1949, £lO6/17/6; 1955, £107; Stock. 1946, 4 per cent, £lO6/12/6, £lO6/15/-; 1949, £lO6/17/6; Bank of New South Wales, £3O/10/-; Bank of New Zealand, 48/-; South British Insurance, 79/3; Bycroft 48/- (3); Consolidated Brick, 7/3; Union Bank, £9/17/-; Farmers’ Trading, 5/6; New Zealand Drug, 77/6; New Zealand Refrigerating (10/- paid), 9/3; King Solomon, 3/11, 4/- (2) ; Mahakipawa, 105 d; Mataki, 2/3; Waihi, 32/6 (2). WELLINGTON, June 22. Sales on ’Change.—Stocv, 4 per cent, 1955, £107; Commercial Bank of Sydney, £l7; Bank of New South Wales (Sydney register), £3O/8/9; New Zealand Refrigerating (con.), 9/3, 9/2; Kauri Timber, 16/9; Waihi, 32/6; Skippers, lid. CHRISTCHURCH, June 22. Sales on ’Change.—Commercial Bank of Australia, 16 - (3); Booth Macdonald. 65 per cent, 1937. £7O; Commercial Bank of Sydney, £6/15/-; National Bank of New Zealand (cum div.), £3/10/-; Bank of New South Wales, £3O/10/-; National Insurance, 19/-; Tooths Brewery, 41/10 (2) ; Goldsbrough Mort. (cum div.), 30/5, 30/9 (3); British Tobacco (cum div.), 36/3; Broken Hill Proprietary, 43/9; Dunlop Rubber, 17/6 (7); Alexander Minos (13/6 paid), 14/2, 14/3; Bendigo Goldlights (9d paid), 75d; Big River, 105 d, lid; Brien Boru, 1/75; Central Shotover (9d paid), lid; Golden Point, 2d; King Solomon, 3/115, 3/11; Mt. Lyell, 20/7 (3); Nokomai, 3/- (2); Stafford Sluicing, 1/6 (2). : Sales Reported.—Stock, 1949, 4 per cent, £lO6/12/6; Commercial Bank of Australia, 16/-; Westport-Stockton Coal (ord.), 2/9; Dunlop Perdriau Rubber, 17/6; Central Shotover (9d paid), lid; i Mahakipawa, lOd; Nevis Disel Electric 4d; Skippers ll,d (2). • Unlisted.—Sun Newspapers (10/- < paid), 4/2 (2); Golconda Holdings, 1/7. i DUNEDIN, June 22. Sales on ’Change.—New Zealand i Breweries, 42/-. Sales Reported.—Westport Coal, 17/9; Dominion Fertiliser, 18/9; Waitahu, I 4/-; Bank of New Zealand, 48/6.

SYDNEY STOCK EXCHANGE. United Press Association—By Electric Telegraph —Copyright (Received June 22. 8.30 p.m.) SYDNEY, June 22. The Stock Exchange market to-day was healthier and steadier, although the embargo on “time bargains” had an effect of slightly restricting the turnover. However, the feeling is that the market will benefit, as the speculative element recently was getting out of hand. There was a resumption of dealings in Tullamore gold shares, which had been on the suspended list for a couple of days. Over 13,000 shares changed hands at prices ranging from 3/- to 4/-. The bond market was ex-

tremely quiet. Sales: — Bank of New South Wales, £3O/5/-; National Bank (£5 paid), £6/3/6; Associated News, 21/6; Burns Philp, 53/-; Australian Gas (A), £7/17/6; Ditto (B) £7/18/-; Tooths, 42/-; British To-, bacco, 36/9; Amalgamated Textiles, 10/10; Dunlop Perdriau, 18/-; Electrolytic Zinc, 24'9; Standard Cement, 17/9; Australian Iron and Steel (pref.), 20/6; Drug Houses of Australia, 19/6; General Industries, 12/2; Mt. Morgan, 26/-; Bulolo Gold, £7/17/6; Bulolo Deposits, lUd; Kuala Kampar, 16/6; Rawang, 8/10; Tanah Biji, 21/3; Tongkali Harbour, 18/-; Tullamore Gold, 4/-. Melbourne Sales.—Commercial Bank of Australia. 16/-; ditto (pref.), £9/14/6; Goldsbrough Mort., 31/-; Herald and Times, 50/-; South Broken Hill, 73/-; North Broken Hill, 93/3. DAIRY PRODUCE. Dalgety and Co., Ltd., have received the following message from their London Office, dated June 21:— Butter.—Market weaker. Danish 84/- to 85/-. New Zealand 77/- to 78/-. Australian unsalted 74/- to 76/-. Australian salted 72/- to 74/-. Australian g.a.q. 70/- to 72/-. Cheese.-—Market weaker. Australian white and coloured, not quoted. New Zealand white 49/- to 49/6. New Zealand coloured 47/-. Canadian white 54/- to 60/-. Canadian coloured 54/to 56/-. MINING RETURNS. By Telegraph—Press Association DUNEDIN, June 22. The Bell Kilgour washup for the week ended to-day amounted to 15oz sdwt 23 grains. CURRENCY QUOTATIONS. United Press Association—By Electric Telegraph—Copyright LONDON, June 21. The dollar is quoted at 5.04 is to the pound. The current quotation of the franc ; is 76 g to the pound. $

Buyers Sellers £ s. d. £ s. d. N.Z. Govt. Dobs— 3i p.c. Inscr., 193843 106 0 0 — 3i p.c. Inscr.. 193943 106 0 0 107 0 0 4 p.c. Inscr., 1940 105 10 0 106 0 0 4 p.c. Inscr., 1946 106 12 6 107 0 0 4 p.c. Inscr., 1949 106 10 0 107 0 0 4 p.c. Inscr., 1955 106 5 0 107 0 0 4 p.c. Bonds, 1940 105 10 0 — 4 p.c. Bonds, 1946 106 12 6 — 4 p.c. Bonds, 1949 106 10 0 — 4 p.c. Bonds, 1955 107 0 0 — Banks— Comm, of Aust. . 0 13 11 0 16 0 Comm, of Aust. (pref.) 9 11 6 9 16 0 Comm, of Sydney 16 12 6 17 0 0 E. S. and A. . . . 4 18 6 4 19 6 National of A’asia (£5 paid) . . . 6 0 0 6 2 0 National of N.Z. (cum div.) . . 3 10 0 3 19 0 New South Wales 30 7 6 30 10 0 New Zealand “D” Mort shares 1 13 9 1 14 0 Union of Aust. . . 9 15 0 9 17 0 Insurance— Mercantile Mutual — 1 3 0 New Zealand . . . — 3 1 0 South British . . . — 4 0 0 Loan and AgencyCli’Ch. Building Society .... 13 0 0 — Goldsbrough Mort. (cum div.) . . 1 10 8 1 10 9 Mutual Benefit . . 10 10 0 — N.Z Guarantee Corporation . . 0 4 3 0 4 4 N.Z. Loan & Mercantile (ord stk) 50 0 0 57 15 0 Termanent Investment 8 4 0 — United Building Society .... 1 1 6 1 1 il Shipping— P. and O. Deferred Stock .... — 1 2 0 Frozen Meat— Gear (ex div.) . . 0 1 5 0 7 9 N.Z. Refrigerating (£1 paid) . . . 0 19 0 0 19 5 N.Z. Refrigerating (10/- paid) . . 0 9 0 0 9 2 Woollens — Kaiapoi (17/- pd.) 0 10 6 — Kaiapoi (7/- paid) 0 3 $ 0 3 9 Mcsgiel 10 10 0 — Coal— Taupiri — 0 14 0 Westport .... 0 17 3 0 18 0 Stockton (ord.) . . 0 2 9 — Stockton (pref.) . 0 3 0 0 3 1 Gas— Christchurch . . . 1 11 4 1 11 6 Christchurch (10/paid) 0 14 6 0 15 0 Breweries— Carlton 2 1 6 2 3 0 New Zealand (cum div.) 2 10 2 2 8 Timaru 0 3 10 — Do. (7/6 paid) . . 0 6 4 0 7 0 Tooths 2 18 2 2 1 Miscellaneous— Allied Motors . . 0 2 3 0 3 2 Anthony Hordern 0 13 10 0 14 5 Australasian Paper and Pulp . . . 1 14 6 1 15 9 Australian Glass (cum div.) . . . 2 8 3 2 10 0 Aust. Iron & Steel (pref.) .... 1 0 0 1 1 0 Beath and Co. . . 1 12 6 1 13 0 Beath and Co. (1/- paid) . . . 0 9 6 0 10 6 British Tobacco (cum div.) . . 1 16 3 1 16 9 Do. (pref.) . . . 1 8 0 — Broken Hill Proprietary . . . 2 3 7 2 4 9 Colonial Sugar . . 66 0 0 — D.I.C. (10/- paid) 0 16 0 — D.I.C. (pref.) . . . 14 0 1 5 6 Dominion Builders’ Supplies . . . 0 4 11 0 5 6 Dominion Fertiliser . . . 0 18 6 1 0 0 Dunlop Rubber . . 0 17 5 i 17 8 Electrolytic Zinc . 14 0 1 5 3 Electrolytic Zinc (pref.) .... 1 12 9 1 13 6 Kauri Timber . . 0 16 9 0 17 2 Moturoa Oil . . . 0 10 0 3 8 New Colosseum . . — 1 17 6 N.Z. Malay Rubb : 0 7 0 — N.Z. Malay Rubber (pref.) . . . . 1 2 6 1 6 0 Evans Atlas Flour 2 0 0 2 5 0 N.Z. F a r m e r s’ 1st pref . . . 1 16 0 — N.Z. F a r m e r s’ Co-op. A pref. 0 8 0 1 0 0 N.Z. F a r m e r s’ Co-op. B pref. — 1 0 0 N.Z. Farmers’ Co-op. (41 p.c. Stock, 1940 and 1945 81 0 0 — N.Z. Farmers’ Fertiliser . . . 10 0 1 1 0 N.Z. Paper Mills . 1 10 0 1 North Canterbury Co-op. Flour . . 0 15 0 0 16 6 | Northern Roller Milling . . . . 1 12 6 j Taranaki Oil . . . 0 16 0 11

Weeks Woolworths (Syd7 0 0 — ney (1st pref.) Quill Morris (in 1 17 G 2 1 0 liquidation . . 0 1 2 — Consolidated Brick 0 7 1 0 7 6 Mining— Alexander .... Alexander (13s 6d - 1 18 6 paid) 0 14 3 0 14 9 Bell Hooper . . . 0 0 41 0 0 6 Bismarck .... 0 19 1 i 0 6 Bell Kilgour . . . Bendigo Goldlights 0 0 3 0 0 4 <9d paid) . . . 0 0 7 0 0 p ,i Big River .... 0 0 101 0 0 111 Blaekwater (cum. div.) 1 13 0 1 14 G Brian Boru . . . 0 1 71 0 1 8 Bulolo 7 7 6 9 0 0 Deep Lead . . . 0 1 6 0 2 3 Central Shotover . Freshford (in 0 0 10* 0 1 0 liquidation) . . 0 0 o* 0 0 2 Gillespie’s Beach . 0 I 8* 0 1 10* Glenroy 0 1 01 0 1 1 Golden Dawn . . 0 1 6 0 2 5 Golden Point . . Goldfields Dredg0 0 2 0 0 2k ing 0 0 8* 0 0 10 Golden Sands . . 0 2 6 — Kildare 0 2 0 — King Solomon . . 0 3 11 0 4 0 Kuala Kampar . • 0 15 9 0 16 9 Lawson's Flat . . . 0 0 31 — Mahakipawa . . . 0 0 10 0 0 101 Mahakipawa (pf.) 1929 issue . . . 0 1 31 0 i 41 Mahakipav. i (pf.) 1930 issue . . . 0 1 31 0 1 41 Maerewhenua . . 0 0 8 0 0 9 Mataki Mining House Con0 2 3 0 2 5 cessions .... 0 0 4 0 0 6 Mount Lyell . . . 1 0 5 1 0 9 Mount Morgan . . 1 6 0 1 6 6

Murray Creek . . . Moonlight Nelson 0 2 0 0 14 0 Creek 0 0 3 0 0 6L Nevis Diesel Electrie 0 0 4 0 0 41 Nokomai New Cornish Point 0 3 0 0 3 1 (1/- paid) . . . — 0 1 0 New Cornish Point (6d paid) . . . Oxenbridge Shot0 0 3 0 0 5 over (1/- paid) 0 0 7 0 0 11 Rawang Tin . . . 0 8 7 0 8 m Waihi W a i h i Grand 1 10 9 1 13 9 Junction . . , . 0 4 0 0 4 3 Waitahu 0 3 0 0 4 4 Wetherstones . . . 0 1 1 — Worksop 0 1 5* 0 1 6* Skippers 0 0 91 0 0 lOi Mossy Creek . . . 0 1 6h 0 1 8 Stafford Peninsula Tin (22s 0 1 5J 0 1 6 paid) 1 0 6 1 1 9 Euratha (5/- paid) 0 10 6 0 11 6 Unlisted Stocks. All transactions in stocks quoted in this section are subjecl to a different rate of brokerage from Listed Stocks, and are not quoted on the official list. Buyers. Sellers. £ s. d. £ s. d. Ben Ledi (9d pd.) Golconda Holdings 0 0 8 (1/- paid) . . . 0 1 7 0 1 8 Mount Marshall . 0 5 0 — Long Trail .... — 0 1 8 National Tobacco N.Z. Dry Cell and 3 4 6 3 8 0 Battery .... N.Z. Perpetual For1 5 0 ests (4/- paid) 0 8 0 — N.Z. Woolpacks Procera Bread (10s 0 10 0 — paid) 0 11 6 0 13 3 E. Reece Ltd. (pf.) Regent Pictures 0 1 7 (Ch.Ch.) .... — 0 12 3 Snowy River . . . Sun Newspapers 0 0 1 0 0 15 (10- paid) . . 0 4 2 0 4 3 Standard Optical Woolworths (Vic- — 1 10 0 toria) pref. . . Woolworths (Syd1 5 6 1 7 0 ney) ord. . . . 5 5 0 —