COMMERCIAL

Timaru Herald, Volume CXXXIX, Issue 20098, 3 May 1935, Page 16

COMMERCIAL

CRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS Special to “ The Timaru Herald “ CHRISTCHURCH. May 2. The following quotations were ruling when the Stock Exchange closed for the day:—

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

YESTERDAY’S SALES By Telegraph—Press Association AUCKLAND, May 2. Sales on ’Change.—Bonds. 1955, 4 per cent., £lll/15/-; Stock, 1940, 4 per cent., £lO4/5/-; 1946, £lO7/5/-; Bank of New Zealand (D Mortgage), 34/6; Reserve Bank, £6/13/3; South British Insurance, 99,'-'; Pukemiro Coal. 22/6; Auckland Gas, 28/-; Northern Steam, 6/10; Dunlop Perdriau, 17/3; Kauri Timber, 19/3; New Zealand Breweries, 55/- (2), Fanners’ Trading (A pref.), 18'6; Farmers’ Fertiliser, 19/-. 19/6; Wilson’s Cement, 35/-; Woolworths (New Zealand). £ll/2/6; Gillespie’s Beach. 1/51; Okarito, 6/-; Mount Morgan, 37/8; Talisman Dubbo, 10/-. Unofficial List—Alluvial Holdings, 1/9. WELLINGTON, May 2. Sales on ’Change.—Stock, 4 per cent. 1949, £lO7/12/6; Bank of. New Zealand (D Mortgage), 34/-; National Insurance, 21/8; New Zealand Breweries, 55/-; Woolworths (N.Z.) ord., £ll/2/6; Okarito, 6/4; Skippers, 21d (2); Woolworths (Sydney), 89/6 (3). CHRISTCHURCH, May 2. Unlisted Stocks.—White’s Electric (6d paid), sd; Woolworths (Sydney), ord., 89/6. Sales on ’Change.—Stock, 4 per cent. 1943-46. £107; New Zealand Breweries, 54/11, 54/10; Dunlop Perdriau Rubber, 17/2; Alexander Mines (15/- paid), 15/5; Big River, 2/5i (3); Golden Point, ltd; Lawson’s Flat, sd; Maori Gully, 1/8, 1/75 (2); Mount Lyell, 20/7 (2); Mount Morgan, 37/6 (2), 37/5; Okarito, 6/-. Sales Reported.—Stock, 4 per cent., 1937-40, £lO4/2/6; Bank of New Zealand, 52/2; Southland Frozen Meat, 76/-; New Zealand Breweries, 55/-; Tooths Brewery, 52/-; Dunlop Perdriau Rubber, 17/2 (2); Sun Newspapers, 5/- (2); King Solomon, 4/7; Maori Gully, 1/8; Waihi, 43/-. DUNEDIN. May 2. Sales on ’Change.—Broken Hill Proprietary, 52/9; King Solomon, 4/6. Sales Reported. —A.RJV. Insurance, 21/6; South British Insurance, 98/6; Broken Hill Proprietary, 51/9; Sun Newspaper, 5/-; Mount Morgan, 37/9.

SIDNEY STOCK EXCHANGE Dnited Press Association—By Electrto Telegraph—Copyright (Received May 2, 8.15 p.m.) SYDNEY, May 2. On the Stock Exchange buyers operated confidently to-day with a result that nearly every transaction recorded was at an advanced figure, but gold shares lacked a definite trend. Sales: Commercial Bank of Sydney, £l7/5/-; Bank of New South Wales, £3l; Australian Provincial Assurance, 22/-; United Insurance, £ll/5/-; Adelaide Steam, 30/-; Australian Gas (A pref.), £B/2/6; Tooths, 53/-; Tooheys, 29/45; Carlton Brewery, 49/6; Dunlop Perdriau (pref.), 36/3; Winchcombe, Carson and Co., 28/-; Wilcox Mofflin and Co., 10/4; Morris Hedstrom (New Zealand delivery), 19/-; ditto (pref.), 24/-; Greater J. D. Williams, 6/9; Henry Jones, 36/-; Electrolytic Zinc, 25/45; Farmers, 26/9; David Jones, 41/3; Anthony Hordern, 18/-; General Industries, 16/41; Mt. Morgan, 37/75; Broken Hill Proprietary, 53/3; South Broken Hill 85 6; North Broken Hill, £6/0/6; Larut Tin, 10/10. Melbourne Sales.—National Bank (£lO paid), £l2/15/-; Australian Iron and Steel (pref.), 22/10; Gordon and Gotch, 46/-; Herald and Weekly Times 38/3; Mt. Lyell, 20/9. DIVIDENDS DECLARED By Telegraph—Press Association WELLINGTON, May 2. The Mount Lyell Mining Company has advised the Stock Exchange Association that the directors regret that as mining operations during the six months ended March .31 have been carried on at a loss, no interim dividend can be paid. The Henry Jones Co-operative Assn, has advised the Stock Exchange Assn, that an interim dividend of 6d a share has been declared and is payable on June 1. AUCKLAND, May 2. The directors of the Union Oil, Soap and Candle Company, Limited, have d dared an interim dividend of 6d a share (unchanged rate). CURRENCY QUOTATIONS. United Press Association—By Electric Tel egrapb —Copyright LONDON, May 1. Currency quotations are as follow: Dollar, 82§ to the £; franc, 72 1 to the £. CURRENT PRICE OF GOLD. United Press Association—By Electric Telegraph—Copyright LONDON, May 1. The current price of gold is £7/4 5 an ounce. (Continued on Page 5.)

Buyers. Sellers. £ s. d. £ s. d. •N.Z. Govt. Debs.3& p.c. Inscr.. 193852 107 0 0 — 3i p.c. Inscr., 193952 107 0 0 — 31 p.c. Inscr., 1941 4 p.c. Inscr* 1937102 0 0 — 40 103 17 6 — 4 p.c. Bonds, 193740 104 0 0 — 4 p.c. Bonds. 194346 106 10 0 — 4 p.c. Inscr., 195255 111 17 6 — Other Debs. — Blenheim Borough 5 h p.c., 1/4/49 . Westport Stockton 107 12 6 Coal, Bi p.c. 1938 - 101 0 0 Banks— Australasia . . . 10 10 0 Comm, of Aust. C )mm. of Aust. 0 15 8 0 15 11 (pref — 9 16 0 Comm, of Sydney E., S. and A. (ex 17 10 0 div.) — 4 19 0 National of A/Asia (£5 paid) . . . 5 18 0 6 3 6 National of N.Z. . New South Wales 3 6 6 3 7 6 (cum div.) . . . 30 1 0 31 0 0 New Zealand (cum div.) 2 10 9 2 11 1 New Zealand (“D” Mort. shares) . 1 13 0 — Reserve 6 12 6 6 13 6 Insurance — A.P.A 1 1 3 1 2 0 Standard 3 11 9 — Loan & Agency— Goldsbrough Mort. National Mortgage 1 9 11 1 10 5 “A” — 3 0 0 N.Z. Guarantee Corporation . . United Building 0 5 4 Society .... 1 1 0 1 2 0 Shipping— Union (pref.) . . — 1 8 0 Frozen Meat— N.Z. Refrigerating (£1 paid) . . . N.Z. Refrigerating 0 19 9 1 2 0 (10/- paid) . . 0 8 10 0 9 1 North Canterbury Freezing . . . 0 13 6 — Southland .... 3 16 0 — Woollens — Kaiapoi (pref.) . . 0 17 9 0 19 0 Coal— Westport 1 1 0 1 1 8 Stockton (ord.) 0 1 6 0 1 10 Stockton (pref.) . — 0 5 0 Gas— Christchurch . . . 1 15 0 - Breweries — Monteiths . . . . 0 14 9 1 0 0 New Zealand . . . 2 14 10 2 14 11 Tooths 2 12 0 2 12 3 White Star . . . 0 3 9 Miscellaneous — Amalg. Wireless 0 (contr.) .... — 2 2 Anthony Hordern 0 17 7 0 18 2 Australian Glass . Aust. Iron &; Steel 17 6 3 1 0

(pref., ex div.) . 1 2 2 1 2 11 Beath and Co. . . 1 10 0 1 11 0 Fritish Tobacco . 1 18 10 1 19 1 Broken Hill Pro1 prietarv (c. d.) 2 12 8 2 13 6 Bums Philp . . - 3 1 6 — Colonial Sugar . . 42 5 0 42 10 0 David Jones . . . 2 0 0 2 1 6 Dom. Fertiliser (c. div.) 1 2 4 1 2 7 Dunlop Perdriau Rubber 0 17 1 0 17 2 Electrolytic Zinc (ord.) 1 4 6 1 5 6 Electrolytic Zinc (pref.) 1 14 4 1 15 0 Hume Pipe (Aust.) 0 12 6 0 16 6 Kauri Timber . . 0 19 0 1 0 0 N.Z. Drug Co. . — 4 0 0 N.Z. Farmers Co-op. (1st pf.) 2 10 0 — N.Z. F a r m e r s’ Co-op. C'B”pf.) — 1 15 0 N.Z. F a r m e r s’ Co-op. (45 p.c. Stock, 1940) . . — 83 0 0 N.Z. F a r m e r s’ Fertiliser . . . 0 17 9 — N.Z. Newspapers . 1 14 6 2 0 0 Sun Newspapers . 0 4 10 0 o Quill Morris (in liquidation) . . 0 4 3 0 5 0 Woolworths (N.Z.) ord 11 2 6 11 17 6 Woolworths (N.Z.) (pref.) — 2 1 6 Woolworths (Syd.) 2nd pref. . . . — 1 9 6 Woolworths (Viet.) pref.) — 1 10 Mining — Addison’s Flat . . 0 2 0 Alexander 0 16 0 0 18 3 Alexander (15/paid) 0 15 0 0 15 4 Bell Hooper .... 0 0 Bendigo Goldlights 0 0 lOi Big River .... 0 2 5k Blackwater .... 1 10 6 Brian Boru .... 0 0 33 Gillespie’s Beach . 0 1 1 Golden Dawn . - 0 2 4 k Golden Point . . 0 0 n 0 0 lh Golden Sands . . 0 2 3 0 3 3 Goldfields Dredg0 0 o 0 0 oi Kildare 0 3 3 0 3 5 King Solomon . . 0 4 3a 0 4 6 Lawson’s Flat . . 0 0 u 0 0

Maerewhenua . . . 0 0 21 0 0 21 Mahakipawa . . . Mahakipawa (pf.) 0 0 8 0 0 84 1929 issue . . . — 0 1 2 Maori Gully . . . 0 1 7 0 1 7* Mossy Creek . . . 0 2 7* 0 2 84 Mount Lyell . . . 1 0 3 1 0 7 Mount Morgan . . 1 17 6 1 17 9 Nevis Diesel Elect. 0 0 1 — Tin . . . 0 7 04 0 7 5 Skippers 0 0 21 0 0 24 Stafford Sluicing — 0 1 0 Waihi 2 2 9 2 3 n Vorksop Extended 0 2 6 0 2 10

£ s. d. £ s. d. Andersons (pref, c. div.) ..... 0 18 6 — ists Petrol <pf.) 1 4 0 1 6 0 Argo Gold .... CoulLs, Somerville 0 1 5 0 1 6 and Wilkie . . — 0 15 0 Jones Nevis . . . Kapitea Develop0 0 71 ment (10/- pd.) N.Z. Perpetual 0 10 0 — Forests 2 5 3 2 8 0 New River (7id paid) 0 0 3 0 0 u Para Rubber (15/paid) Pyne, Gould, Guin- - 0 15 9 ness, “A” 7 per cent 102 0 0 Smith, Wylie . . . — 0 9 0 Snowy River . . . Upper Watut (2/0 0 u 0 0 3 paid) 0 5 1 0 5 5 Whites Electric (6d paid) Wooiworths (Syd.) 0 0 5 - ord 4 9 3 4 9 11