Finance and Commerce

Timaru Herald, Volume CXLII, Issue 20514, 4 September 1936, Page 16

Finance and Commerce

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS Special to "The Timaru Herald." CHRISTCHURCH, September 3. The following quotations were ruling when the Stock Exchange closed for the day:— £ s. d. £ S. d. Buyers. Sellers. N.Z. Govt. Stock.—

3B p.c. Inscr., 193852 103 7 6 — 4 p.c. Inscr., 193740 101 10 0 — 4 p.c. Inscr., 194346 103 10 0 103 12 6 4 p.c. Inscr., 194649 — 105 15 0 4 p.c. Bonds, 1940 101 10 0 — 4 p.c. Bonds, 1949 105 10 0 — Banks— Comm, of Aust. 0 18 3 0 18 5 Comm, of Aust. (pref.) .... 9 0 0 9 3 0 Comm, of Sydney 19 0 0 19 17 6 National of A’asia. (£10 paid) . . . 14 0 0 — National of A’asia. (£5 paid) . . . 7 1 0 7 2 6 National of N.Z. . 3 1 10 3 3 0 New South Wales 32 12 6 33 0 0 New Zealand . . . 1 19 3 1 19 8 New Zealand ("D” Mort shares) . 1 8 9 — Union 9 9 6 9 11 6 Insurance — Standard (c. div.) — 3 2 0 Loan and AgencyGoldsbrough Mort. 1 12 3 1 12 8 Invincible Building Society .... — 4 17 6 National Mortgage (“A”) — 2 12 0 N.Z. Guarantee Corp ration . . 0 5 6 0 5 8 N.Z. Loan & Merc. (ord.) 31 0 0 35 0 0 United Building Society .... — 1 1 0 Shipping— P. and O. Deferred Stock 1 11 0 — Union (pref.) . . 1 6 0 1 6 9 Frozen Meat— N.Z. Refrigerating (£1 paid) . . . — 1 0 6 N.Z. Refrigerating (10/- paid) . . 0 9 3 0 9 6 North Canterbury Freezing . . . 1 15 6 — Woollens— Oamaru 1 0 6 1 1 6 Kaiapoi (17/- pd., cum div.) . . . 0 15 10 0 16 0 Kaiapoi (7/- paid, cum div.) . . . 0 6 2 0 6 6 Kaiapoi (pref., c. div.) 0 18 3 — Coal — Westport .... — 1 3 0 Stockton 0 1 3 0 1 6 Stockton (pref.) . 0 2 3 0 2 11 Gas— Christchurch . . . 1 6 0 1 9 6 Christchurch (10/paid) — 0 15 0 Breweries— Dominion (rights) 0 5 10 — Dunedin .... — 1 10 0 Monteiths .... 0 11 0 — New Zealand . . . 2 12 7 2 13 2 Timaru (in liqdn., ex distrib.) . . 0 2 10 0 3 0 Tooths 2 15 9 2 15 10 Miscellaneous— Amalg’td. Wireless (contr.) .... 1 15 0 1 19 9 Anthony Hordern 0 18 6 0 18 7 Australian Glass . 4 11 3 4 11 6 Aust Iron & Steel 1 5 3 — Beath and Co. 1 2 0 1 5 0 Beath and Co. (1/- paid) . . — 0 5 6 Beath a r. c Co. (pref.) .... — 1 5 0 Booth, Macdonald (pref.) .... 0 1 10 — British Tobacco (c. div.) 2 1 1 2 1 3 Broken Hill Proprietary . . . 3 14 6 3 14 8 Broken Hill Proprietary (15/paid) 2 14 2 2 14 4 Canty. Farmers’ Co-op 0 12 0 — Canty. Farmers’ Co-op. (pref.) . 1 17 0 2 0 0 Colonial Sugar . . 43 0 0 43 2 6 Consolidated Brick 0 9 3 — Dominion Builders Supplies .... 0 3 9 0 4 6 Domn. Fertiliser . 1 3 9 1 5 3 Dunlop Rubber (c. div.) 0 18 7 0 18 8 Electrolytic Zinc (ord., cum div.) 2 0 0 2 1 0 Electrolytic Zinc (pref., c. div.) . 2 3 1 2 3 2 Farmers’ Trading —— 0 19 0 Gen. Industries . . — 0 19 9 G. J. Coles (cum rights) .... 4 0 3 4 0 9 Henry Jones Co-op — 2 3 6 Herald and Weekly Times — 3 9 6 Howard Smith . . 0 19 2 0 19 6 Hume Pipe (Aust., cum div.) . . . 0 19 5 1 0 0

NATIONAL MORTGAGE & AGENCY CO OF N.Z., LTD. (Incorporated in England) New Season’s Seeds Just Landed' MANGOLDS SWEDES RAPE TURNIPS CHOU MOELLIER CARROTS i ’or Spring Sowing: CERTIFIED RYEGRASS CERTIFIED ITALIAN CERTIFIED MONTGOMERY CANTERBURY RYEGRASS COWGRASS WHITE CLOVER COCKSFOOT CRESTED DOGSTAIL SUBTERRANEAN CLOVER i2ED OATS SEED OA' S SEED OATS SEED OAT'. All Varieties Stocked All Varieties Stocked lAI'IONAL MORTGAGE & AGENCY CO. OF NJS., LTD (Incorporated 11 England)

Kauri Timber . . 1 4 1 1 4 3 Milburn Lime (cum div.) 2 2 3 Morris Hedstrom . 1 5 0 1 6 0 Morts Dock . . . 0 11 0 0 11 9 National Electric . 0 12 10 0 14 5 N.Z. Drug Co. (c. div.) 3 13 6 3 17 0 N.Z. F a r m e r s’ Co-op. (£2 10s paid) — 0 19 0 N.Z. Farmers’ Co-op. (10s pd.) 0 0 8 0 1 2 N.Z. F a r m c r s’ Co-op. (1st pf.) — 3 17 0 N.Z. F a r m e r s’ Co-op. <A pf.) 2 5 0 2 10 0 N.Z. F a r m e r s’ Co-op. (B pf.) 2 0 0 2 5 0 N.Z. F a r m e r s’ Co-op. <45 p.c. Stock. 1940) . . 91 0 0 — N.Z. F a r m e r s’ Co-op. (45 p.c. Stock, 1939) . . 90 10 0 — N.Z. Fa r m e r s’ Co-op. (45 p.c. Stock, 1945) . . 90 10 0 — N.Z. Newspapers . 1 17 6 2 0 0 N.Z. Paper Mills . 1 5 9 — Northern Roller Milling .... 1 4 6 — Procera Bread . . — 1 10 0 Quill Morris (1936) 0 18 0 0 19 6 United Provisions 0 12 3 0 13 0 Victoria Nyanza . 0 12 G — Wbit.combe and Tombs .... — 3 4 0 Wilcox Mofflin . . 0 12 6 0 12 11 Wilson’s Cement . 1 15 0 1 18 3 Woolworths (N.Z., ord.) ..... 5 2 0 5 4 6 Mining— Alexander (15s paid) .... 0 13 0 0 14 5 Antonios Hyd. . . — 0 0 6 Aotearoa — 0 0 3 Argo 0 1 7 0 1 8 Big River .... 0 2 0 0 9 1 Barrytown .... — 1 9 0 Blackwater . . . 1 13 3 — Brian Boru . . . 0 0 0 0 4 Central Shotover . 0 0 5 Gillespie’s Beach (cum div.) . . 0 1 4-i — Golden Sands . . 0 2 0 — Kildare — 0 2 7 King Solomon . . — 0 I 4 Lawson’s Flat . . 0 0 2* 0 0 2-,’ Maori Gully . . . 0 0 7 0 0 75 Mossy Creek (ex div.) — 0 1 7 Nevis Diesel Elec. — 0 0 07 Okarito — 0 5 0 Nemona 0 18 0 1 10 Skippers 0 0 4 0 0 45 Waihi Investments — 0 1 3 Waimumu Sluicing — 0 0 10 Worksop Extended — 0 1 15 Australian Mining Mount Lyell . . . 19 0 1 9 4 Mount Morgan . . 0 13 2 0 13 3 Rawan-. Tin . . . 0 9 0 0 9 1 Upper Watut . . . 0 3 2 0 3 2J Sulphide Corpn. , — 0 17 3 Unlisted Stocks. All transactions in stocks quoted n this section are subject to a differ rate of brokerage from Listed Stocks and are not quoted on the c List. Buyers. Sellers £ s. d. £ s. d. Jones Nevis . . . — 0 0 6 Macetown .... 0 0 1* 0 0 9" New River .... 0 0 8 0 0 10 N.Z. Perpetual Forests .... — 3 0 0 South Seas Fishing 0 8 0 — Selfridges (A’asia., old) 1 5 0 1 5 6 Selfridges (A’asia., new) 1 4 10 — Shillings (15/- pd) 0 12 6 0 14 9 Westland Breweries 1 7 3 — Westland Breweries (10/- paid) . . 0 14 6 — White’s Electric . 0 0 9 0 0 10 Woolworth- (Syd., ord.) 5 6 0 5 6 6 Australia) . . . 5 15 0 5 16 0 AUCKLAND Sales on ’Change s. d. Bank of Australasia 12 0 6 Commercial Bank 0 18 4 E S and A. Bank .. 18 0 National Bank N.Z. 3 19 0 Bank of New Zealand .. .. 1 19 4 Ditto. (D. Mort) . 1 8 9 Kauri Timber .. .. 1 4 1 Dom. Breweries (rights.... 0 6 3 N.Z. Breweries .. 2 12 9 Broken Hill 3 14 9 Bycroft Ltd 2 1 6 Consol Brick .. .. 0 9 5 Electrolytic Zinc (pf) .. .. 2 3 3 G. J. Coles 4 0 0 Morts Dock 0 11 4 0 11 8 (2) 0 11 9 Fanners Fert 1 0 6 Wilson’s Cement .. 1 16 6 Woolworths (N.Z.) 5 2 0 Skippers 4: Unofficial List Selfridges (A’asia), new .. 1 4 7i Woolworths (Syd.) 5 6 9 WELLINGTON Sales on 'Change c S. d. Bank of Australasia (2) .. 12 0 0 Wellington Trust Loan .. 5 9 0 British Tobacco .. . .. .. 2 1 0 GoldsBrough Mort 1 12 9 Kauri Timber .. . 1 4 3 Staples and Co. .. . • «• ■. 1 15 9 Dunlop Perdriau .. 18 8 Wool worths (N.Z.) 5 2 0 Cash Orders (pf) 1 9 9 1 9 4* Big River 2 0 Sales Reported Woolworths (Syd.) 5 6 0 5 6 3 McDuffs (pf) .. .. 1 2 0 CHRISTCHURCH Sales on ’Change £ S. d. Stock, 1937-40 4 p.c 01 12 6 National Bank (2) 3 12 3 Union Bank .. .. 9 10 0 Goldsbrough Mort 1 12 4 1 12 6 Kaiapol Woollens (7/paid), <2> 6 4 Westport-Stockton Coal .. 1 4 Tooths Brewery (3 > .. .. 15 9 Anthony Hordern (2) .... 18 18 6 British Tobacco (c.d.) (3) 2 1 0 Broken Hill .. .. 3 14 6 Broken Hill (15/- pd).. .. 2 14 2 Colonial Sugar (2) 43 2 6 Dunlop Perdriau (c.d.) .... 18 7 Electro Zinc (pf) 2 3 2 G. J. Coles (c rights) (2) 4 0 3 Hume Pipe (Aust.) .. .. 19 6 N.Z. Farmers Co-op (4* p.c. Stock 1940) 91 0 0 Mount Morgan .. 13 3 13 2 13 1 (3) 13 0. Upper Watut .. .. 3 3 Unlisted Stocks Woolworths (Syd.) ord. (2) 5 6 0 Sales Reported National Bank .. 3 9 3 Bank of N.Z. (“D” Mort .. 1 8 9 Goldsbrough Mort 1 12 9 Broken Hill (2) .. 14 6 Wool worths (N.Z.) ord. 5 6 Argo Gold .. .. 1 Big River .. .. • .. . . 1 0 Rawang Tin .. .. 9 1 Mt. Morgan .. .. 13 2 ' Westport - Stockton Coal (ord) 1 4

DUNEDIN Sales on ’Change £ s. d. Bank of New Zealand .. 1 9 6 Goldsbrough Mort (2) .. .. 1 2 9 Westport Coal 1 2 10 Kaianoi Woollen <ord> 16 0 Kaiapoi Woollen icont.l .. 6 7 Staples Brewers’ 1 15 9 Mt. Lvell 1 9 2 Dorn. Fertiliser 1 5 3 Stock 1933-52 31 p.c 103 15 0 Unlisted Stocks 5 6 o AUSTRALIAN STOCK EXCHANGES La. tea Press Association—By Elect!t< Telegraph—Copyright (Received September 3. pm.) SYDNEY. September 3. General industrial shares were firm on the Stock Exchange to-day. Brewerv shares were in strong demand. G. J. Coles issues edged back, owing to trouble on the board. Speculation in Mandated Alluvials. Papua, gained in intensity, the shares fluctuating violently and closing 4 3 up on the overnight level. Sales: c s. d. Bank of New South Wales . 33 2 6 Associated News 1 2 6 (pref.) 1 3 74 Howard Smith 0 19 4i 0 19 6 Australian Gas (A) .. .. 7 8 6 Australian Gypsum 1 0 British Tobacco 2 1 6 2 16 6 1 12 3 Carlton Brewery 2 19 3 Greater J. D. Williams .. 0 8 3 Standard Cement 0 15 9 W. Carpenter 2 3 0 Pitt, Son and Badgery 2 2 6 1 4 0 Warburton Frank! 1 0 0 Wunderlich 1 3 0 0 12 0 Mt. Morgan 0 13 2 Mt. Lyell 1 9 3 Broken Hill Proprietary .. 3 15 6 South Broken Hill 5 17 6 Placer Development 4 17 0 Emperor 0 16 3 Lady Shenton 0 1 5) Mandated Alluvials 1 19 6 Victoria Nyanza C 13 5 Melbourne Exchange A good demand for investments was in evidence to-day, also for bonds. Myers were firm with the dividend declaration of 5i per cent.. making 85 per cent, for the year. Mining issues generally were quiet. Sales: £ s. d. Commercial Bank of Aust. 0 18 8 E. S. and A. Bank 5 16 0 National Bank (£5 paidi .. 7 3 0 British Tobacco 2 1 6 G J Coles .. 1 3 Drug Houses 1 10 6 Electrolytic Zinc 2 1 3 Victoria Nyanza 0 13 5 Sulphide Corporation .. .. 0 16 8 Mt. Morgan 0 13 2 Mt. Lyell 1 9 3 South Broken Hill 5 17 6 Emperor 0 16 2 Loloma 1 5 71 1 16 9 United Provisions 0 12 11 Upper Watut 0 3 2 Irowat 0 2 04 Gordon and Gotch 2 10 0 Herald and Times 3 8 6 Yarra Falls 1 19 9