COMMERCIAL

Timaru Herald, Volume CXXXIX, Issue 20105, 11 May 1935, Page 6

COMMERCIAL

CRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS Special to “ The Timaru Herald" CHRISTCHURCH, May 10. The fallowing quotations were ruling when 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.

YESTERDAY’S SALES. By Telegraph—Press Association AUCKLAND, May 10. Sales on ’Change: Stock, 1949, 4 per cent./ £lO7/17/6; 1939-43, 31 per cent., £lO4/10/-; Bank of Australasia, £lO 19/-; E.S. and A. Bank. £4/18/6; Bank of New Zealand, 50/11; Pukemiro Coal, 22/6; Auckland Gas, 28/-, 28/3; Broken Hill Proprietary, 55/-; Farmers Trading, 7/9, 7/10; do. A pref., 18/p; Goldfields Dredging. 4id; Gillespie’s Beach, 1/3; Waihi, 42/9. Unofficial list: Woolworths (Sydney) 89/- (2). WELLINGTON. May 10. Sales on ’Change: New Zealand Insurance, 71/-; New Zealand Breweries, 55/7; British Tobacco, 38/9; New Zealand Drug, 80/- (2); Farmers’ Fertiliser, 20/-. Unofficial.— Woolworths (Sydney), 89/-; Procera Bread, 9/-. CHRISTCHURCH, May 10. Unlisted stocks: White’s Electric (6d paid), 4id; Woolworths (Sydney), ord., 88/9 (2). Sales on ’Change: Commercial Bank of Australia, 15/10; E.S. and A. Bank, £4/18/6; Bank of New Zealand (cum div.), 51/-; Dalgety and Co. (cum div.), £B/6/6; Westport Coal (cum div., odd lot), 21/6; New Zealand Breweries, 55/3, 55/- (2); British Tobacco, 38/8; Dunlop Rubber, 17/-, 16/10 (3); Maori Gully, 1/7; Mount Lyell, 20/- (3), 19/11; Waihi (cum div.), 42/8. Sales reported: Reserve Bank, £6 12/9; Westport Coal (cum div.), 21/6; Manawatu Knitting Mills, 37/3; Sun Newsppapers, 6/5; Golden Point, Id.

DUNEDIN, May 10. Sales on ’Change: New Zealand Refrigerating (cont.), 9/1. Sales reported: Union Bank, £B/12/6; National Insurance, 21/8; Dalgety and Co., £8; New Zealand Refrigerating (cont.), 9/1; New Zealand Drugs, 80/-; New Zealand Brewery, 55/8; Bendigo Goldlight, 1/-; Skippers, 2Jd; Waihi, 42/9. SYDNEY STOCK EXCHANGE United Press Association— By Electric Telegraph—Copyright SYDNEY, May 10. (Received May 10, 8.40 p.m.) The tone of the Stock Exchange on the eve of the election was one of confidence. The market was very steady. Sales: Bank of New South Wales, £3l/10/-; Commercial Bank of Sydney, £l7/15/-; Bank of Australasia, £ll/14/-; Associated News, 22/9; British Tobacco, 38/75; Colonial Sugar, £4l/12/6; Tooths, 52/6; Carlton Brewery, 49/-; Goklsbrough Mort., 31/li; Winchcombe Carson, 28/-; Morris Hedstrom, 19/-; Electrolytic Zinc, 25/3; David Jones, 41/9; Anthony Hordern, 18/6; Lustre Hosiery, 26/101; General Industries, 16/9; Wunderlich, 21/-; Broken Hill Proprietary, 55/6; South Broken Hill, 84/6; North Broken Hill, £5/19/-; Euratha Gold, 3/10. Melbourne sales: Dunlop Perdriau, 17/2; Zinc Corporation, 35/-; Mt. Lyell, 20/2. SWAN BREWERY By Telegraph—Press Association WELLINGTON, May 10. The Swan Brewery, Perth, has advised the Stock Exchange Association that -the usual preference dividend will be paid on May 29. Also the ordinary dividend of 2/- a share and a bonus of 6d a share. LONDON QUOTATIONS United Press Association— By Electric Telegraph—Copyright (Received May 10, 5.5 p.m.) LONDON, May 9. Wheat cargoes are quiet and steady, r - reels are easier. London futures: June, 23/7 per quarter; September, 24/1. Liverpool futures: May, 5/3 $-8 per cental; July, 5/55; October, 5/71, December, 5/91. Spot trade is quiet; Australian, ex ship, 28/6. The flour market is slightly easier; Australian, ex store, 21/6. Oats are in small demand; Australian, Algerian, 19/- to 19/6; A Gartons, 21/- to 22/-.

METALS MARKET United Press Association— By Electric Telegraph—Copyright (Received May 10, 9.15 p.m.) LONDON, May 9

Buyers. Sellers. £ s. d. £ s. d. N.Z. Govt. Debs.3i p.c. Inscr., 193852 and 1939-52 107 0 0 — 3i p.c. Inscr.. 193943 . . . 103 0 0 — 33 p.c. Inscr., 1941 103 0 0 — 4 p.c. Inscr., 193740 ... . 104 10 0 — 4 p.c. Inscr., 194346 . . . 107 15 0 — i p.c. Inscr., 194649 . . . 108 0 0 — i p.c Bonds, 193740 . . . 104 15 0 . 4 p.c. Bonds, 194346 . . . 107 12 6 — 4, p.c. Bonds, 195355 ... . 112 10 0 — Rural Bonds 102 0 0 — Other Debs. __ North Canterbury Hospital, 4 1-8 p.c., 1/3/55 . . — 107 10 0

Banks — Australasia .... _ 11 0 0 Comm, of Aust. . 0 15 8 0 15 10 Comm, of Sydney National of A'asia 17 0 0 17 15 0 (£10 paid, cum div.) 12, 11 6 12 14 6 National of A’asia \ (£5 paid, cum div.) 6 1 6 6 5 0 National of N.Z. . New South Wales 3 6 6 3 7 6 (cum div.) . . 30 15 0 31 0 0 New Zealand (cum div.) 2 10 10 2 11 0 Reserve 6 12 9 (j 13 6 Union of AusL . 8 12 6 9 0 0 Insurance— A.P.A 1 0 9 1 1 5 National (c. div.) . — 1 1 8 South British . . . 4 18 6 4 19 6 Standard — 3 13 3 Loan & Agency— Dalgety and Co. (cum div.) . . 8 3 0 8 6 0 Goldsbrough Mort. 1 10 6 1 10 9 Mutual Benefit . . National Mortgage 14 10 0 “A” 2 11 6 — N.Z. Guarantee Corporation . . N.Z. Loan & Merc. 0 5 6 0 5 9 (ord. stock) . . 32 0 0 42 0 0 Jnitefl Building Society 1 1 6 1 2 0 Perpetual Trustees 3 5 0 Frozen Meat— Gear N.Z. Refrigerating 1 0 0 1 1 0 (£1 paid) . . . N.Z. Refrigerating 0 19 7 1 0 4 (10/- paid) . . 0 9 0 0 9 1 Woollens — Kaiapoi (17/- pd) 0 14 3 0 15 6 Kaiaooi (7/- paid) 0 5 1 — Kaiapoi (pref.) . . 0 17 9 0 18 9 Mosgiel (cum div) 10 10 0 Coal — Westport (cum d.) 1 1 6 1 2 6 Stockton (ord.) 0 1 8 0 2 Stockton (pref.) . 0 4 0 0 5 0 Gas— Christchurch . . . 1 15 9 Auckland .... 1 7 3 1 8 6 Breweries— Monteiths .... 0 14 6 1 0 6 New Zealand . . . 2 15 0 2 15 2 Staples 1 12 0 1 0 13 0 Timaru (7/6 paid) — 8 4 Tooths 2 12 0 2 12 6 White Star .... 0 4 0 —

Miscellaneous — Amalg. Wireless (contr.) .... 1 17 0 2 1 0 Anthony Hordern 0 17 9 0 18 4 Associated Newspapers .... 1 2 0 1 3 0 Australian Glass . 19 6 — Aust. Iron & Steel (pref.) .... 1 2 5 1 2 9 Beath and Co. . . 1 9 0 1 10 British Tobacco . 1 18 7 1 18 8 Broken Hill Proprietary (c. d.) 2 14 7 2 15 0 Claude Neon (Syd) 2 9 0 2 Colonial Sugar (ex div.l 40 10 0 42 0 0 Consolidated Brick 0 6 9 0 8 9 D.I.C. (10/- pd.) . 0 14 0 — Do. (pref.) .... 1 5 6 — Dominion Builders’ Supplies . . . — 0 7 6 Dom. Fertiliser (c. div.) .... 1 2 4 — Dunlop Perdriau Rubber .... 0 16 9 0 16 10 Electrolytic Zinc (ord.) .... — 5 Electrolytic Zinc (pref.) .... 1 14 3 1 15 0 Holden's Airways 1 7 6 Hays, Ltd. (15/paid) 0 15 9 0 16 0 Gordon & Gotch . 2 2 0 2 9 6 Howard Smith . . 0 14 3 — Hume Pipe (Aust.) 0 12 9 0 16 6 Kauri Timber . . 0 19 5 0 19 10 Imperial Chemical industries ... . 2 2 6 5 N.Z. Drug Co. . . 3 18 6 4 0 0 N.Z. F a r m e r s’ Co-op. (1st pf.) 2 10 0 3 0 0 N.Z. Farmers’ Co-op. (“A” pf) 1 0 0 — N.Z. P a r m e r s’ Co-op. (4* p.c. Stock. 1940) . . 80 0 0 —

N.Z. F a r m e r s’ Co-op. (Ah p.c. Stock. 1945) . . 81 0 0 83 0 0 N.Z. Farmers’ Fertiliser — 1 0 3 N.Z. Newspapers . 1 15 0 2 0 0 Quill Morris (in liquidation) . . 0 4 4 0 4 9 Sun Newspapers . 0 6 3 0 6 6 United Pictures 0 19 6 — Wilson’s Cement (cum div.) . . 1 15 3 — Woolworths (N.Z.) ord 10 15 0 11 5 0 Woolworths (N.Z.) pref — 2 1 6 Woolworths (Syd.) 2nd pref. . . . 1 5 0 1 9 0 Woolworths (Vic.) pref 1 8 6 1 10 0 Mining— Alexander (15/paid) .... 0 14 9 0 15 6 Bell Hill — 0 1 6 Bell Hooper .... 0 0 Oh 0 0 1 Bendigo Goldlights 0 0 111 0 1 1 Big River .... 0 2 4 0 2 hi Blackwater . . . 1 10 6 1 12 9 Brian Boru .... 0 0 33 0 0 4 i Central Shotover . 0 0 Oh 0 0 3 Gillespie’s Beach . 0 1 3 h 0 1 51 Golden Dawn . . 0 2 3 i 0 2 6 Golden Point . . 0 0 os 0 0 U Goldfields Dredging 0 0 4i 0 0 51 King Solomon . . 0 4 3 0 4 5 Lawson’s Flat . . 0 0 4 h 0 0 5 Mahakipawa . . . 0 0 6 h 0 0 8 Mahakipa wa ( pf.)' 1929 and 1930 issues — 0 1 2 Maori Cully . . . 0 1 6h 0 1 7 Mossy Creek . . . 0 2 5 h 0 2 7 Mount Lyell . . . 0 19 11 1 0 0 Mount Morgan . . 1 17 6 1 18 0 Okarito 0 5 11 0 6 2

Rawang Tin . . . 0 7 0 0 7 8 Skippers .... 0 0 2 0 0 2h Worksop Extended _ 0 2 8h

Buyers. Sellers. £ s d. £ s. d Barry town .... 1 0 6 1 1 3 Ben Ledi .... — 0 0 7 Argo Gold .... 0 1 4 0 1 5 Coulls, Somerville and Wilkie . . . 0 12 0 0 15 0 Canterbury Roller Flour — 0 10 0 Harley Chambers, Limited .... — 1 0 0 Jones Nevis . . . 0 0 8 0 0 11 Macetown .... — 0 1 5 N.Z. Mining Investment . . . 0 0 7 0 1 1 N.Z. Perpetual Forests 2 6 0 — N.Z. Woolpacks — 0 17 0 New River (7?-d paid) — 0 0 61 Smith Wylie . . . — 0 9 0 Snowy River . . . 0 0 01 — Temuka Flour . . — 1 1 6 Tru-Colour Films (14/- pd, pf.) . — 1 6 0 Tru-Colour Films (vendors shares) — 2 3 6 Upper Watut (2/paid) 0 4 10 0 4 11 White’s Electric (6d paid) . . . — 0 0 5 Woolworths (Syd.) ord 4 8 7 4 8 9 Woolworths (West Australia) . . . 5 15 0 6 2 0

Quotations: — , Copper— Standard Forward . 33 6 lOi Electrolytic . 36 . 36 15 Wire Bars . 36 15 0 Lead— Spot . 13 6 3 Forward . 13 Spelter— Spot . 14 2 Forward . 14 Tin— Spot . 224 17 6 Forward . 219 5 Silver— Standard, per oz. .. . Fine 32S 35 1 L-16