COMMERCIAL

Timaru Herald, Volume CXXXVIII, Issue 19958, 16 November 1934, Page 16

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS Special to " The Timaru Herald “ CHRISTCHURCH, November 15. The following quotations were ruling when the Stock Exchange closed for the day:—

YESTERDAYS sales By lelegrapb—Press Association AUCKLAND. November 15. Sales on ’Change.—Bonds, 1940 4 ner ' £104 : Stock, 1940, 4 per cent., -.104, Bank of New Zealand, 49 9 (2)’ Reserve Bank. £6 12 3; New Zealand Insurance, 70/- (2); Farmers’ Co-od Auctioneering (A pref.), 21 9; Goldsbrough Mort., 31/-; New Zealand Guarantee Corporation, 5 6; Traders’ Finance (con.). 3/1; Auckland Gas (con) 30 -; Woolworths (N.Z.), pref., 40 6* Waihi, 38/- (2); Waihi Junction, 4/9; Broken Hill Proprietary, 51/-; Worksop Extended, 3/3; Skippers, 7d. Unofficial List.—Auckland Farmers’ Freezing (£1 paid), 20/-; Woolworths, Sydney (ord.), 75 3; New Zealand Perpetual Forests, 42/6. WELLINGTON. November 15. Sales on ’Change.—Wellington Woollen (ord.), £5/16 - (2); Dunlop Perdriau. 20/1; Mt. Lyell, 17/8, 17/9; Westport Coal, 19/6 (4); Mt. Lyell 17/4. CHRISTCHURCH, November 15. Sales on ’Change.—National Bank of New Zealand, 71/6, 72/-; Reserve Bank, £6/12/- (4); Goldsbrough Mort, 31/1; New Zealand Refrigerating (10/- paid), 10/- (2); Kaiapoi Woollens <l7/- paid), 16/-; Mosgiel Woollens, £11; Christchurch Gas, 34 9; Anthony Hordern, 17/3; Electrolytic Zinc (pref.), 35/-; Bell Hooper, sd; Big River, 1/7; Gillespie’s Beach, I'B (2); Golden Sands, 2/8 1\ Lawson’s Flat, 3d; Maerewhenua, 4id; Mt. Lyell, 17/- (2), 17/1 (3), 17/2; Worksop Extended, 3/3. Sales Reported.—E.. S. and A. Bank, £5/2/-; Mercantile Mutual Insurance, 25/-; Dalgety and Co. (cum div.), £9/2/6; New Zealand Guarantee Corporation. 5/6; New Zealand Refrigerating (10/- paid), 10/-; Christchurch Gas. 34/9; Colonial Sugar, £74; New Zealand Newspapers, 33/3; Glenroy, lid; Stock, 1935, 4 p.c., £ll3. DUNEDIN, November 15. Sales on ’Change.—New Zealand Breweries, 49 6 (2); Mining House Concessions. 2sd. Sales Reported.—New Zealand Drug 81/- (2); Wilson’s Cement, 34/7; Woolworths, Sydney, 75/-; Reserve Bank, £6/12/-; Howard Smith, 16 6; Westport Coal, 19/9; New Zealand Paper Mills, 34/9; Waihi, 38 2; Bell-Kilgour, 2d. SYDNEY STOCK EXCHANGE United Press Association —By Electric Telegraph—Copyright (Received November 15, 9.10 p.m.) SYDNEY, November 15. On the Stock Exchange the market was active in all departments, and showed all round firmness. Sales; Bank of New South Wales. £32 15/-; National Bank (£5 paid), £66/6; Queensland National Bank, £5/7/-; Bank of Adelaide, £5/17/-; Colonial Sugar. £75/5/-; United Insurance, £11; Associated News, 26/1*; (pref.). 25/3; Drug Houses of Australia, 24/6; Tooths, 51/-; British Tobacco, 41/6; Australian Glass, 57/6; Dunlop Perdriau (pref.), 39/-; Winchcombe and Carson, 29/-; Morris Hedstrom, 17/-; David Jones, 42/-; Anthony Hordern. 17/41; General Industries, 14/-; (pref.). 26/-; Newcastle Gas (A), 13/9; United Provisions, S/6; North Broken Hill, 99/-; Bulolo Gold. £8 8/6; Kuala Kampar, 14 -; Rawang Tin. 7/6; Euratha. 9 6. Melbourne sales: Bank of New South Wales, £33; National Bank <£s paid), £6/6/6; Australian Glass. 57 6; Herald and Weekly Times. 58 6; Dunlop Perdriau, 20 -; Commercial Bank of Australia, 16/1; South Broken Hill, 78/6; Mt. Lyell, 17/6. AUSTRALIAN MARKETS United Press Association—By Electric Tel egraph—Copyright (Received November 15, 9.55 p.m.) SYDNEY, November 15. The wheat market is weak. The quotation on country sidings for both bagged and bulk is 2/11 a bushel, equal to 2/6 to 2/7 respectively, ex trucks, Sydney. Flour —£7/15/- a ton. Bran —£5 a ton. Pollard—£s 5/- a ton. Potatoes—Tasmanian, to £l4 a ton; local new to £l4; Victorian £9. Onions—Brown Spanish, £lO a ton. Maize—Yellow and white, 3/3 a bushel. ADELAIDE. November 15. Wheat—Growers’ lots. 2/7 a bushel. Flour—Bakers’ lots, £7/17/6 a ton. Bran—£s a ton. Pollard—s/2/6 a ton. Oats—Algerian, 2 - a bushel. Barley—2/9 a bushel. ASSOCIATED NEWSPAPERS, LTD. United Press Association —Bv Electric Telegraph —Copyright (Received November 15, 9.30 p.m.) SYDNEY, November 15. Associated Newspapers Ltd. show a net profit of £186,651, compared with £165,793 in the previous year. Dividends on preference shares total 6 per cent., while a dividend on ordinary shares of 6 per cent, is now recommended.

Buyers. Sellers E s. d. E N.Z. Go l. Debs.— 3a p.c. Inscr., 193943 108 10 0 4 p.c. Inscr., 1940 — 104 10 0 4 p.c. Inscr., 1946 — 109 0 0 4 p.c. Inscr., 1949 108 5 0 109 5 0 4 p.c. Inscr., 1955 113 0 0 113 5 0 4 p.c. Bonds, 1955 113 10 0 114 0 0 Rural Bonds . . . 103 15 0 Other Debentures Booth, Macdonald, 65 p.c., 1937 . . 69 0 0 71 0 0 Glaxo, 65 p.c., 1945 Gisborne Sheep95 0 0 farmers, 65 p.c., 1941 100 0 0 _ Banks— Adelaide 6 0 Comm, of Aust. Comm, of Aust. 0 15 8 0 15 10 (pref.) 9 17 0 10 3 0 Comm, of Sydney 17 7 6 17 14 0 E., S. and A. . . . National of A’asia. 5 1 6 5 3 6 (£10 paid, c. div) — 13 0 0 National of A’asia. (£5 paid. c. div.) 6 4 6 6 7 2 National of N.Z. . 3 12 0 3 18 0 New South Wales New Zealand (c. 31 17 6 32 10 0 div.) 2 9 3 2 9 9 New Zealand (“D” Mort. shares., c. div.) 1 14 0 Reserve 6 11 9 6 12 3 nsurance— Mercantile Mutual 1 4 9 National (c. div.) 1 1 0 New Zealand . . . 3 9 10 3 10 10 Standard 3 10 3 — Lo: n and Agency— Ch.Ch. Building Society .... Dalgety and Co. (c. 12 12 0 - div.) 9 2 6 9 4 6 Goldsbrough Mort. 1 10 11 1 11 1 Mutual Benefit N.Z Guarantee 11 0 0 ~ Corporation . . 0 5 6 — N.Z. Loan & Merc. (ord. stock) . . 46 0 0 — Shipping— P. and O. Deferred Stock 1 0 0 1 2 6 Union (pref.) . . 1 7 0 — Frozen Meat— N.Z. Refrigerating (£1 paid) . . . N.Z. Refrigerating 1 0 0 1 0 6 (10/- paid) . . 0 10 0 0 10 2 Woollens— Kaiapoi (17/- pd.) 0 15 9 0 15 11 Kaiapoi (7/- pd.) 0 5 4 0 6 0 Kaiapoi (pref.) . . — 1 0 9 Mosgiel 11 0 0 — Coal— Westport (c. div.) 0 19 2 1 0 6 Stockton ( pref.) . — 0 4 11 Gas— Christchurch . . . Christchurch (10/1 14 9 1 15 6 paid) 16 0 0 16 6 Breweries— New Zealand . . . 2 9 3 2 9 6 Staples 1 10 9 1 11 6 Timaru (7/6 paid) 0 7 3 0 8 3 Tooths 2 a 2 2 a 8 Miscellaneous — Allied Motors . . 0 4 3 Anthony Hordern Australian Glass 0 17 3 0 17 5 (cum div.) . . . 2 16 2 2 17 6 Beath and Co. . . Beath and Co. 1 11 6 1 13 0 (1/- paid) . . . — 0 10 3 British Tobacco Broken Hill Pro2 1 1 2 1 6 prietary (c. div) Burns Philps (ex 2 10 7 2 11 6 div.) 2 17 0 — Claude Neon (Sydney) 2 10 0 2 12 0 Colonial Sugar . . 74 0 0 74 15 0 Dom. Fertiliser . . — 1 0 6 Consolidated Brick Dunloo Perdriau 0 10 9 Rubber 0 19 11 1 0 0 Electrolytic Zinc (ord.) 1 4 0 1 5 0 Electrolytic Zinc (pref.) Hay’s, Ltd. (15/1 14 9 1 15 0 paid) Kauri Timber (c. 0 18 0 div.) — 0 19 3 New Colosseum . . 1 7 0 1 9 6 N.Z. Drug Vo. , . N.Z. P a r m e r s’ 4 1 6 Co-op. (1st pf.) 2 2 0 — N.Z. F a r m e r s’ Co-op. (“A” pf) 0 16 0 — N.Z. F a r m e r s’ Co-op. (“B” pf.) 0 12 6 1 5 0 N.Z. F a : m e r s’ Co-op. (45 p.c. Stock, 1939) . . __ 88 0 0 N.Z. F a r m e r s’ Co-op. (45 p.c. Stock, 1940) . . _ 88 0 0 N.Z. F a r m e r s’ Co-op. (4b p.c. Stock, 1945) . . _ 88 0 0 N.Z. Newspapers . Northern Roller 1 13 0 Milling .... Quill Morris (in 1 10 0 1 12 3 liquidation) . . 0 3 1 0 3 2 Sun Newspapers . Wilson’s Cement 0 4 0 (cum div.) . . . 1 14 0 1 14 6 Wool worths (N.Z ) (pref.) 2 0 6 2 2 6 Ma. ins— Alexander Alexander (14s 6d 0 17 8 0 18 3 paid) 0 15 0 0 16 6 Bell Hooper .... 0 0 4 5 0 0 5 Bell Kilgour .... 0 0 1 0 0 25 Bendigo Goldlights 0 0 10* 0 1 0 Big River ... 0 1 5 0 1 85 Brian Boru .... — 0 1 0 Consolidated . . . — 0 18 0 Deep Lead .... 0 1 10* 0 2 0 Gillespie’s Beach 0 1 8 0 1 85 Golconda (11 pd.) — 0 0 10 Golden Dawn . . 0 1 6 0 2 0 Golden Point . . Goldfields Dredg0 0 05 0 0 2 ing 0 0 10 0 0 11 Kildare 0 2 1* 0 2 35 Kuala Kampar . . — 0 14 6 Lawson’s Flat . . 0 0 23 0 0 3 Maerewhenua . . . 0 0 45 0 0 55 Mahakipawa . . . Mahakipawa (pf.) 0 0 91 0 0 10 1929 issue . . . 0 1 0 0 1 35 Mahakipawa (pf.) 1930 issue . . . 0 1 01 0 1 2 Mataki Mining House Con- — 0 3 0 cessions .... 0 0 2 0 0 3 Moonlight Nelson Creek 0 0 21 0 0 3 Mossy Creek . . . 0 1 9 0 2 05 Mount Lyell . . . 0 17 2 0 17 4 Murray Creek . . Nevis Diesel 0 6 0 0 14 6 Electric .... 0 0 45 0 0 42 Nokomai . , • . . 0 3 1 0 3 8 Okarito 0 8 7 0 8 9

Oxenbridge Shotover 0 0 3 Rawang Tin .... 0 7 0 0 7 Stafford Sluicing . Waihi . . w a i h i Grand 1 17 11 0 1 Junction . Waitahu . . Worksop Extended 0 3 1 0 3 Unlisted Sto All transactions in stocks quoted i tnis section are subject to rate of brokerage from Listed ana are not quotec on the List. Buyers. Seiler £ s. cl. £ s. c Andersons Ltd. (pref. 1 . 0 17 Argo Gold (6d pd) 0 0 10 0 1 ( Ben Ledi <1/- pd) Dominion Execu0 1 0 0 l : tive Trust (£50 Paid) .... 50 0 ( Golden Gully (1 - paid) . . Jones Nevis . 0 0 3 Mining Research Maori Gully <i/_ 0 1 2i paid) . National Tobacco National Tobacco 3 7 6 3 13 C ipref.i 0 0 N.Z. Mining investment . . 0 ii Procera Bread (10s paid) . . 0 13 3 0 15 0 Regent Pictures <Ch-Ch.) . . Snowy River . Warners Ltd. . Woolworths (Syd.) 8 0 0 ord. . . Were’s Investment 3 14 9 3 15 3 Trust 0 4 9 0 4 11