COMMERCIAL

Timaru Herald, Volume CXL, Issue 20259, 7 November 1935, Page 16

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS Special to " The Timaru Herald ” CHRISTCHURCH. November 0. The following quotations were ruling when the Stock Exchange closed for the day:

Unlisted Stocks All transactions in stocks quoted in this sec on are übje to a different rate of brokerage from the listed stocks and are not quoted on thj Official List.

YESTERDAY S SALES By relegraph —Pr*»ss Association AUCKLAND. November 6. Sales on ’Change.—Reserve Bank, £6/2/6, £6,3/-; North Auckland Farmers’ Co-op.. 2/2; Auckland Gas, 25/6; Dominion Breweries, 16/- (2); Claude Neon (Syd.), 50/-; Electrolytic Zinc, 34'9; New Zealand Newspapers, 40/9; Woolsworths (N.Z.), pref.. 39/-; Maori Gully, 1 3; Martha, 22/-; Skippers, 23d; Waihi Investments, 17/3, 17/6; Waihi Junction, 4/-; Mt. Lyell, 20/6 (2); Placer Development. £5/1/-. WELLINGTON. November 6. Sales on ’Change.—Stock, 3* per cent, 1938-52, £lO4/7/6; New Zealand Refrigerating, 22/3; New Zealand Breweries, 52/6 (2), 52/9; New Zealand Newspapers, 40/9; New Zealand Paper Mills. 28/0; Wilson’s Cement, 42/75; Waihi Investments, 17/3; Mount Lyell, 20/6 (7). CHRISTCHXJftCH, November 6. Unlisted Stocks.—Argo Gold, 1/2 (3); Christchurch Press, £lOls/-. Sales on ’Change.—Mortgage Corporation, 5/8; New Zealand Breweries, 52/9 (2); Anthony Hordern, 19/2; British Tobacco (Aust.), 39/10; Broken Hill Proprietary (cum div.), 57/6 (2); Broken Hill Proprietary (5/- paid), 27/8; Consolidated Brick, 9/2; Electrolytic Zinc (ord.), 35/5; Kauri Timber (cum div.), 23/6; New Zealand Farmers’ Co-op. (45 per cent Stock. 1945), £BS/5/-; Big River, 1/11; Maori Gully (cum div.), 1/11; Mossy Creek, 1/1 (2); Mount Lyell, 20/3, 20/4, 20/5 (3> ; Rawang Tin, 8/6, 8/7; Skippers, 23d, 25d (2). « Sales Reported.—4 per cent. Stock, 1937-40, £lOl/12/6; 1946-49, £105; 195255, £IOB/1/3; Christchurch City Council, 41 per cent, 31'3/1940-48, £lO2/10/-; Christchurch Drainage, 41 per cent, 30/6/1959. £108; National Bank of New Zealand, 72/6; Christchurch Gas, 35/-; Tooth’s Brewery, 58/-; Broken Hill (cum div.) 57 9; Kauri Timber (cum div.), 23/5; Electrolytic Zinc (ord.), 35/3 (2); Evans Atlas Flour. 25/-; New Zealand Farmers’ Co-op. (45 per cent Stock, 1940), £BS; Mount Lyell, 20/2, 20/6 (2). DUNEDIN, November 6. Sales on ’Change.—New Zealand Refrigerating (con.), 11/-; Southland Frozen Meat (ord.), £3 18 6; Mortgage Corporation, 5/8 (2); Big River, 1/11; Skippers, 25d; 4 per cent. Stock, 193740, £lOl/15/-. SYDNEY STOCK EXCHANGE United Press Association —B.v Electric Telegraph -Oopvrtebf (Received November 6. 9 p.m.) SYDNEY, November 6. On the Stock Exchange to-day increased support was accorded banking shares. British Tobacco and brewery shares were firmly quoted. Gold concerns were quiet. Sales:— Commercial Bank of Sydney, £l3; Queensland National Bank, £5/3/-; Associated News, 24/105; Colonial Sugar (ex div.). £43/2/6; Australian Drug, 14/-; Edwards Dunlop, 44/6; Cumberland Paper, 33'6; Broomfields, 9'3; British Tobacco (New Zealand delivery). 40 6; Tooth’s, 60'-; Toohey’s, 31 6; Dunlop Perdriau. 16/105; Electrolytic Zinc, 35/105; Farmers, 26/3; Morris Hedstrom, 24/-; Standard Cement. 21/9; General Industries, 19/9; Mt. Morgan. 37 9; Broken Hill Proprietary, 58 9; North Broken Hill, £8 10'-; Kuala Kampar (New Zealand delivery) 14/5; Briesis Tin. 4/-; Tongkah Harbour, 22/6; Tavua, 4/1; Emperor. 23/-. Melbourne Sales: British Tobacco, 39 105; Goldsbrough, 31/9; G. J. Coles, 65/9; Herald and Times, 63 6; Mt. Lyell, 20/105; Emperor, 23/15; Loloma, 41/-; Enterprise, 85/-. DIVIDEND DECLARED By Telegraph—Press Association AUCKLAND. November 6. An increased interim dividend of 9d a share has been declared by Wilson’s (N.Z.) Portland Cement, Ltd. DUNEDIN, November 6. At a meeting of the board of directors of the Perpetual Trustees, Estate and Agency Company of New Zealand, Ltd., an interim dividend at the rate of 1/- a share and payable on November 25 was declared for the six months ended September 30. The directors of the Westport Coal Co.. Ltd., in their report to shareholders, will recommend the payment of a final dividend for the year of 6d a share, payable on November 25, making altogether a distribution of 1/- a share, equal to 10 per cent, for the year. CURRENCY QUOTATIONS United Press Association —By Electric Telegraph —Copyright LONDON, Noyember 4. Currency quotations are: Dollar 4.92 i to the £; franc 742 to the £. THE PRICE OF GOLD United Press Association—By Electric Tel egra ph —Cop yrtgb t LONDON, November 4. The current price of gold is 141/5 an ounce.

Buyers. Sellers. £ s d £ 9 d N.Z. Govt. Debs.4 p.c. Inscr., 195255 107 10 0 109 0 0 35 p.c. Inscr., 193852 104 5 0 35 p.c. Inscr., 193952 10< 10 0 4 p.c Inscr., 193740 101 10 0 102 0 0 4 p.c. Inscr., 194346 ’ p.c. Inscr., 1946- — 105 10 0 49 104 0 0 106 5 0 Other Debs.— Ch.Ch. City 4 \ p.c. 31/3/40-48 . . . Ch.Ch. Drainage - 103 5 0 Board, 41 p.c., 30/6/59 .... 1/6 0 0 108 0 0 North Canterbury Hospital Board 41 p.c., 1/9/52 107 0 0 West Borough, 4 h p.c., 1/6/48 . . — 106 0 0 Banks— Australasia .... 11 0 0 Comm, of Aust. 0 16 4 0 16 7 Comm, of Sydney National of A'asia. — 17 19 0 (£10 paid, cum div.) 13 14 0 13 17 0 National of A'asia. (£5 paid, cum div.) 6 13 0 National of N.Z. . New South Wales 3 12 0 (cum div.) . . . 32 12 6 33 2 6 New Zealand . . . 2 11 Reserve . . . 6 2 0 6 6 6 Union of Aust. . . ‘ 9 5 0 9 10 0 Insurance— National (c.d.) . . 0 19 7 South British . . . 4 7 6 Standard 3 7 6 3 11 6 Loan & Agency— Dalgety and Co. . 8 0 0 8 2 0 Goldsbrough Mort. Mortgage Corpora1 11 6 tion 0 5 7 Mutual Benefit . . 13 10 0 National Mortgage N.Z. Guarantee — 2 14 6 Corporation . . Permanent Invest0 5 1 0 5 4 ment 9 15 0 10 4 0 Shipping— P. and O. Deferred Stock 1 2 0 1 2 9 Union — 1 8 6 Frozen Meat— Canterbury .... 10 6 0 10 14 0 Canterbury (pf.) . N.Z. Refrigerating 5 16 0 — (£1 paid) . . . N.Z. Refrigerating 1 2 0 1 2 5 (10/- paid) . . 0 10 10 0 11 0 Southland .... 3 17 6 — Wool.’ .nr Manawatu Knitting Mills 2 0 3 2 0 10 Kaiapoi (17/- pd.) 0 13 6 0 14 6 Kaiapoi (7/- paid) 0 4 10 0 5 2 Coal— Westport 1 2 6 Stockton 0 1 3 Stockton (pref.) . 0 2 3 0 3 0 Gas— Christchurch . . . Christchurch (10/1 14 7 1 15 0 paid) 0 16 6 0 17 0 Breweries— New Zealand . . . 2 12 8 2 13 0 Staples 1 12 0 Tooths 2 18 0 — Miscellaneous— Allied Motors . . Amalg. Wireless 0 2 3 0 3 3 (contr.) .... 1 10 0 Anthony Hordern Aust. Iron and Steel 0 18 11 0 19 1 (pref.) .... 1 5 0 Beath and Co. . . 1 7 6 1 9 0 British Tobacco Broken Hill Pro1 19 9 2 0 7 prietary (c.d.) Broken Hill Propty. 2 17 6 2 17 9 (5/- paid) . . . 1 7 8 1 7 9 Claude Neon (N.Z.) 2 2 6 Do. (Sydney) . . . 2 9 9 Consolidated Brick 0 9 1 0 9 2 Dom. Builders . . . 0 4 0 0 5 6 Dom. Fertiliser . . Dunlop Perdriau 1 2 9 1 4 3 Rubber .... 0 16 6 0 16 8 Electrolytic Zinc (Old.) .... 1 14 6 1 14 ;0 Do. (pref.) .... General Motors1 18 0 1 19 0 Holden’s (pref.) 1 2 9 1 3 6 G. J. Coles .... 3 5 0 3 5 6 Gordon & Gotch . Greater Crystal 2 0 0 ~ Palace .... 0 5 11 0 11 5 Henry Jones Co-op. Hay’s Ltd. (15/1 16 9 — paid) 0 15 9 — Howard Smith . . Kauri Timber (c. 0 18 0 — div.) 1 3 0 1 3 5 M. Hedstrom (c.d.) 1 3 6 — N.Z. Drug .... N.Z. F a r m e r s’ 3 17 6 Co-op. (1st pf.) — 3 15 0 N.Z. P a r m e r s’ Co-op. (“A” pf.) N.Z. Farmers’ 1 15 0 2 7 6 Co-op (“B”) pf) N.Z. Farmers’ 1 10 0 1 15 0 Co-op. (41 p.c. Stock, 1939) . . 84 10 0 _ N.Z. Farmers’ Co-op. (45 p.c. Stock, 1940) . . 85 0 0 86 10 0 N.Z. F a r m e r s’ Co-op. (4 h pc. Stock, 1941) . . 84 10 0 N.Z. F a r m e r s’ Co-op. (4 1 p.c. Stock, 1945) . . 85 5 0 N.Z. F a r m e r s’ Fertiliser . . . 0 19 2 0 19 9 N.Z. Newspapers . 2 0 6 2 0 1 N.Z. Paper Mills . — 1 9 0 Procera Bread . . 1 14 0 2 0 0 (Vendor) . . . 1 10 0 2 5 0 Quill Morris (In liquidation) . . 0 4 9 0 Taupo Totara . . . Taupo T o ta r a 0 7 6 8 5 (pf., 16/- pd.) . 0 15 0 Wilson’s Cement . Woolworths (N.Z.) 2 2 0 (ord.) 5 10 0 5 16 C Woolworths (N.Z.) (pref.) .... Woolworths (Syd.) 1 18 0 2 1 0 2nd pref.) . . . Woolworths (Vic.) 1 7 0 pref 1 10 0 Mining— Alexander (15s paid) Aontonios Hy0 15 0 draulic (9d> . . — 0 0 9 Bendigo Goldlights 0 0 2 0 0 4 Big River .... 0 1 101 0 0 111 Brian Boru .... — 0 0 21 Gillespie’s .... — 0 1 3 Golden Sands . . . 0 2 5 0 2 8 King Solomon . . . 0 3 3 0 3 5| Mahakipawa . . . Maori Gully (cum 0 0 05 0 0 n div.) 0 1 1 0 i 3

Mossy Creek . . . 0 1 1 0 1 5 Mount Lyell .... 1 0 5 ' l o 6 Mount Morgan . 1 17 0 1 17 6 Nevis Diesel Elec. . o o 1 Okarito 0 5 6 Rawang Tin . . . ’ 0 8 7 0 8 R Skippers 0 0 29 Waihi Invest. . . ! o 17 3 Grand Junction . . o 4 3 Waimumu Sluicing 0 2 7 Worksop Extended 0 2 35 0 2 55

Andersons. Ltd. Buyers. £ s. d. Sellers. £ s . d. (pf., ex div.) Arp« Gold Dredg- — 0 18 9 ing 0 1 li 0 1 2i Ben Ledi <11- pd) — 0 0 2 Ch-Ch. Press . . . t -f t *iji < 10/10 15 0 10 19 0 paid) 1 1 6 1 2 10 Golden Gully . . . . 0 0 4 Macetown N.Z. Mining In0 0 9 vestment .... N.Z Perpetual Forests .... J.‘ J. Niven (17/0 0 5J 3 10 0 0 Ih paid) 0 5 0 0 7 6 E. Reece, Ltd. (pr) 0 1 1 0 2 0 Smith, Wylie . . . 0 6 6 0 8 6 South Seas Fishing Westland Breweries 0 9 6 (10/- paid) . . Wool worths <Syd.) — 0 11 6 (ord.) 5 11 9 5 12 9