COMMERCIAL

Timaru Herald, Volume CXXXIX, Issue 20107, 14 May 1935, Page 16

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE

LATEST QUOTATIONS Special to " The Timaru Herald “ CHRISTCHURCH, May 13. The fallowing quotations were ruling when the Stock Exchange closed for the day:—

Enlisted 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 Officia; List.

YESTERDAY’S SALES By Telegraph—Press Association ' AUCKLAND, May 13. Sales on ’Change: Nortii Canterbury Electric Power Board 1954 3i p.c. £lO3. Comm. Bank of Aus. (pref.) £9 13s, National Bank of N.Z. £2 7s, National Bank of Australasia £l2 13s 6d. Bank of N.Z. 51/-. do. D Mort. 33/9. Bank of N.S.W. £3l, Reserve Bank £6 13s, Renown Coal (pref.) 2 6. Auckland Gas 28/1, 28/2, Consol. Brick 8 3. Dunlop Perdriau 16 11. Farmers’ Trading 7/11 (2), Morris Hedstrom 18 9, Robinson Ice 25/6. Woolworths (N.Z.) £ll ss. Waihi 42 9 (2). Mt. Morgan 38 6. Unofficial list: Woolworths (Sydney) 89/-. WELLINGTON. May 13. Sales on ’Change: Taupo Timber (ord.) 5/6, Broken Hill Pty. 55/-, Mt. Lyell 20/-, Alexander Mines (cont.) 65/65, Waihi 42/5. 42/6, Skippers 2id, Mount Morgan 38/-. Unofficial list: Woolworths Sydney 88/8, 89/-. CHRISTCHURCH May 13. Sales on ’Change: Stock 1952-55 4 per cent. £ll2 15s. Bank of N.Z. ,cum div.) 51/-, Reserve Bank £6 12s 9d, Goldsbro Mort 30 6 (2). N.Z. Breweries 55/-. Timaru Brewery (7 6 paid) 7/10, British Tobacco 38/8, 38 7. Broken Hill Propty. (cum div.) 55'-. Kauri Timber 19 9 (4). Sun Newspapers 6/4 (2), Brian Boru 4d, Kildare 34. Maori Gully 1/71 (3). Mount Lyell 20/-. Mt. Morgan 38,3 (2). 38 4. Worksop Extended 2 4 (2), Woolworths (N.Z.) ord. £ll. Sales reported: Bank of N.Z. (cum div.) 50 TO. N.Z. Refrig (£1 paid) 20 2, 20/1, N.Z. Breweries 55 - (2), Sun Newspapers 6 4. DUNEDIN. May 13. Sales on ’Change.—N.Z. Drugs 80/-, Mt. Morgan £1 18s. Sales reported: Reserve Bank £6 13s Crystal Ice 42/6, Dominion Fertiliser 22/- 4d, N.Z. Breweries 55/- <2), Toohys Brewery 28 -. Mortgage Corporation shares were sought at 1/- premium, but sellers asked 4/- premium.

SYDNEY STOCK EXCHANGE (Received May 13. 8.15 p.m.) SYDNEY. May 13. As the outcome of the election was well anticipated, there was nothing in the way' of spectacular rises on the Stock Exchange, but the general trend of values was higher and the operations extended over a wide range of trading and industrial issues, with confident buying in all departments. Sales: Bank of New South Wales, £3l/7/6; National Bank (£5 paid), £6/6/-; Union Bank, £B/15/-; Colonial Sugar, £4l/12/6; Associated News, 23/-; do. (pref.), 24/-; Adelaide Steam, 30/-; Australian Gas (A). £B/2/-; Australian Glass, 61/9; Tooth’s, 52/6; Dunlop Perdriau, 17/101; Goldsbrough Mort, 31/3; Wilcox Mofflin, 10/6; Electrolytic Zinc, 25/6: Farmers, 26/9; Anthony Hordern, 18/9; David Jones, 41/9 Wunderlich, 21/3; General Industries 16/104; Mt. Morgan. 38/6; Mt. Lyeil 20/3; Broken Hill Proprietary, 56'6 Placer Development, £27/18/-; Euratha Gold, 4/-; Peninsular Tin, 20/9; Commonwealth Bonds fall four per cent.): 1938. £lO3/15/-; 1941. £lO5/6/3 1944 £lO4/12/6; 1953, £lO7/5,'-; 1955 £lO7/16/3; 1957. £lO7/15/-; 1959, £lO6 1961. £lO6/10 -. Melbourne sales.—Commercial Bank of Australia. 15 11: Howard Smith, 15/4; Herald and Weekly Times. 57 S; Australian Iron and Steel (pref ), 22/10; Nestles (pref.), 38 6; Mt. Lyell, 20/-. FOREIGN EXCHANGE RATES The Bank of New South Wales. Christchurch, quoted the following rates as ruling yesterday for its sales and purchases of foreign exchanges. All rates are subject to alteration

Buyers. Sellers. £ S. d. £ s d. N.Z. Govt. Debs.3i p.c. Inscr., 193843 104 0 0 35 p.c. Inscr.. 193852 107 10 0 — 31 p.c. Inscr., 193943 104 2 6 106 0 0 31 p.c. Inscr., 193952 107 0 0 — 4 p.c. Inscr., 193740 104 15 0 105 5 0 4 p.c. Inscr., 194346 107 15 0 — 4 p.c. Bonds, 194346 107 15 0 — 4 p.c. Bonds, 195255 113 2 6 — Other Debs.— Gisborne Sheepfarmers, p.c., . 1941 101 0 0 Glaxo, 61 p.c., 1945 102 0 0 — Banks— Australasia .... 11 0 0 Comm of Aust. 0 15 0 0 15 9 Comm, of Sydney 17 5 0 17 12 6 E. S. and A 4 18 0 4 19 0 Natl, of N.Z. . . . New South Wales 3 6 9 3 7 6 (cum div.) . . 30 15 0 31 0 0 New Zealand (cum div.) 2 10 11 2 11 2 Reserve 6 12 9 6 13 3 Union of Aust. . . 8 12 6 — Insurance— A.P.A 1 1 8 National (c. div.) 1 1 7 i 1 8 Standard .... 3 12 6 Loan & Agency— Dalgety and Co. (cum div.) . . . 8 3 6 8 6 0 Goldsbrough Mort 1 10 4 1 10 6 Mutual Benefit . National Mortgage 12 0 0 14 10 0 "A’’ United Building i 10 0 3 0 0 Society 1 1 6 1 2 3 Perpetual Trustees 3 5 0 Shipping— P. and O. Deferred Stock — 1 2 0 Frozen Meat— Canterbury (ord.) 10 0 0 Gear N.Z. Refrigerating 1 1 0 £1 paid N.Z. Refrigerating i 0 0 1 0 3 (10/- paid) . . 0 9 0 0 9 1 North Canterbury Freezing .... 0 13 0 — Woollens— Kaiapoi (17/- pd> 0 15 6 Kaiapoi (7/- paid) 0 5 1 — Kaiapoi (pref.) 0 17 7 0 18 6 Mosgiel (ex div.) . 10 15 0 — Coal— Westport (cum div) 1 .1 7 1 2 6 Stockton (ord) . . 0 1 8 0 2 0 Stockton (pref.) . 0 4 0 0 0 0 Gas— Auckland 1 8 6 Christchurch . . 1 16 3 Breweries— New Zealand . . . 2 14 9 2 15 2 Staples — 1 13 3 Timaru (7/6 pd) . 0 7 7 0 8 1 Tuoheys . . . . . 1 8 9 — Tooths 2 11 3 2 12 3 White Star .... 0 4 0 —

Miscellaneous — Allied Motors .* . . Associated News0 2 6 - papers .... 1 2 0 i 2 11 Australian Glass . Aust. Iron & Steel 3 0 0 (pref.) .... 1 2 4 1 2 9 Beath and Co. . . Beath and Co. (1/1 10 paid) 0 7 6 0 9 3 British Tobacco Broken Hill Pro1 18 6 1 18 9 prietary (cum div.) 2 15 3 2 15 6 Claude Neon (N.Z.) 2 2 6 — Claude Neon <Syd) 2 10 0 2 13 0 Colonial Sugar . . 40 10 0 42 0 0 Consolidated Brick 0 7 5 0 8 3 D.I.C. <10/- pd) . 0 14 6 — D.I.C. (pref.) . . • Dominion Builders’ 1 0 6 0 6 Supplies . . . Dom. Fertiliser (c. div.) 1 2 5 i 2 7 Dunlop Ferdriau 0 17 Rubber 0 1G 10 Electrolytic Zinc (pref.) 1 14 3 — 0 Evans Atlas flour 1 10 0 2 0 Holden’s Airways . 1 7 0 1 12 Gordon and Gotch 2 2 6 — Hume Pipe (Aust.) 0 12 6 — 11 Kauri Timber . . . Mason, Struthers 0 19 8 0 19 (£1 paid) . . . — 0 16 0 Mason Struthers 0 (14/- paid) . . . — 0 10 N.Z. Drug Co. . . Imperial Chemical 3 19 0 4 0 industries . . . N.Z. Farmers’ 2 2 6 5 0 Co-op. (1st pf.) 2 10 0 3 3 N.Z. Farmers Co-op. (“A” pf) 1 3 0 — N.Z. Farmers’ Co-op. (“B” pf) 0 18 0 — N.Z. F a r m e r s’ Co-op. (45 p.c. Stock, 1940) . . 81 10 0 83 0 0 N.Z. F a r m e r s’ Co-op. (45 p.c. Stock. 1940) . . 81 10 0 83 0 0 N.Z. Newspapers (cum div.) ■ • 1 16 0 2 0 0 Quill Morris (in liquidation) . ■ 0 4 0 0 5 0 Sun Newspapers . T a u p o Totara 5 Timber (16/- pd. pref.) .... Wilson’s Cement — 0 15 9 (cum div.) . . . 1 15 6 1 17 6 Woolworths (N.Z.) ord 10 19 0 11 1 0 Woolworths (N.Z.) pref Woolworths (Vic.) 1 19 0 2 1 6 pref 1 10 0 Mining— Bell Hooper .... 0 0 05 0 0 1 Bendigo Goldlights 0 1 0 0 1 1 Big River .... 0 2 4 0 2 5 Blackwater . . . 1 10 9 1 13 0 Brian Boru .... 0 0 32 0 0 45 Central Shotover . 0 0 05 0 0 3 Gillespie’s Beach . 0 1 4 0 1 6 Golden Dawn . . — 0 2 8 Golden Point . . 0 0 01 0 0 Golden Sands . . Goldfields Dredg0. 2 3 — ing 0 0 4 0 0 55 Kildare 0 3 4 0 3 ’>i King Solomon . . 0 4 1 0 4 4S Lawson’s Flat . . 0 0 45 0 0 5 Maerewhenua . . 0 0 0i 0 0 25 Mahakipawa . . . Mahakipawa (pf.) 0 0 6 0 0 8 1929 issue . . . — 0 1 1 Maori Gully . . . 0 1 7-1 0 1 8 Mount Lyell . . . 0 19 11 1 0 2 Mount Morgan . . Nevis Diesel Elec1 18 4 1 18 5 trie 0 0 1 0 0 2 Nokomai .... 0 1 6 — Okarito Placer Develop0 5 10 0 6 0

merit 26 10 0 — Rawang Tin . . 0 7 0* 0 7 t: Skippers .... 0 0 2J 0 o : Upper Shotover (10d paid) . . — 0 o : Waihi .(cum div.) 2 2 3 2 3 i Waitahu . . 0 2 9 0 4 ( Worksop Extended 0 2 4 0 2 '

Buyers. Sellers £ s. d. £ s d Antonio Flat (3d paid) . . 0 0 3 0 0 4 Assorted Motorists Petrol (pref.) . 1 4 7 — Ben Ledi . . . . 0 0 1 Argo Gold .... 0 i 3 0 1 £ Coulls, Somerville and Wilkie . . . — 0 15 0 Canterbury Roller Flour . . . 0 10 c Jones Nevis . . . 0 0 7 Macetov.n . . . 0 1 1 N.Z. Mining Investment .... 0 0 8, 0 1 Oh New River (7id paid) — 0 0 6 Para Rubber (15 - paid) — 0 15 6 Paparoa Coal . . 0 5 0 0 12 6 Smith Wylie . . . — 0 9 ( Temuka Flour . . 0 16 0 i 1 6 Tru-Colour Films (Vendors shares) 1 10 0 2 5-' •( Upper Watut (2/paid) 0 4 3 0 5 C White’s Electric (6d paid) . . . — 0 0 6 Were’s Investment Trust 0 4 6 — Wool worths (Syd.) ord 4 7 9 4 8 6

without notice: — Buying. Selling. London— £ N.Z. to £100 st. T.T. 124 124/10 O.D. 123/10 124/7/6 Australia — £ A. to £100 N.Z. T.T. 101 101/10 O.D. 101 101 10 Fiji— £ F. to £100 N.Z. T.T. 90/7/6 89 O.D. 90.7/6 89 New York— Dol. to £1 N.Z. T.T. 3.93i 3.89 i Montreal— O.D. 3.94, 3.90 Dol. to £1 N.Z. T.T. 3.931 3.891 O.D. 3.943.90 France— Frcs. to £1 N.Z. T.T. 59.96 58.66 O.D. 60.26 58.71 Germany— Reichmarks to £1 N.Z. T.T. — 9.497 O.D. — 9.502 Italy— 1 Lire to £1 N.Z. T.T. — 46.98 OD. — 47.02 Japan— N.Z. to 1 yen T.T. — 17 27-32 O.D. — — India & Ceylon— N.Z. d. to rup. T.T. 222 22 23-32 O.D. 221 22 21-32 Singapore— N.Z. d. to 1 dol. T.T. 34 5-16 351 O.D. 34 3-16 35 3-16 (Continued on Page 6)