Finance and Commerce

Timaru Herald, Volume CXLIII, Issue 20639, 30 January 1937, Page 4

Finance and Commerce

CHRISTCHURCH STOCK EXCHANGE

AFTERNOON QUOTATIONS Special to "The Timaru Herald" CHRISTCHURCH, January 29. The following quotations were ruling when the Stock Exchange closed for the day:—

STOCKS AND SHARES

YESTERDAY’S SALES CHRISTCHURCH STOCK EXCHANGE By Telegraph—PresF Association

AUSTRALIAN STOCK EXCHANGES United Press Association—By EiActrlc ' Telegraph—Copyright (Received January 29, 9.0 p.m.) SYDNEY, January 29. With the general full in base meta] prices, Barriers were marked down heavily on the Stock Exchange to-day. Investments were steady and not ever active. Tin shares were quietly firm. Morning Sales —

Buyers. Sellers. £ s. d. £ s. d. N.Z. Govt. Stock3i p.c. Inscribed 15/3/38-43 . . . — 102 0 0 3i p.c. Inscribed 15,9/39-43 . . — 102 0 0 3£ p.c. Inscribed 1938-52 .... — 102 0 0 •4 p.c. Inscr., 194346 .03 0 0 103 15 0 4 p.c. Inscr., 194649 103 5 0 103 17 6 4 p.c. Inscr., 195255 — 103 5 0 4 p.c. Bonds, 1946 103 12 6 104 0 0 4 p.c. Bonds, 1949 103 10 0 — 4 p.c. Bonds, 1955 102 17 6 — 3i per cent Stock, 15/1/53-57 . . . 99 10 0 — Other Debs. — Auckland Harbour, 41 p.c., 9/7/55 . — 105 0 0 Wangamp Harbour 41 p.c., 1/4/44 . — 105 0 0 Booth, Macdonald, 61 p.c., 1937 . . 72 0 0 — N.Z. Refrigerating. 41 p.C., 1940-45 103 0 0 105 0 0 Quill. Morris, 4 p.c. 1946 — 90 0 0 Wright Stephenson Perp., 5 p.c. — 103 10 0 Banks — Adelaide — 6 10 0 Australasia .... 12 17 6 13 7 6 Comm, of Aust. (cum div.) . . 0 19 8 0 19 11 Comm, of Aust. pref.) 9 5 3 9 10 0 Comm, of Sydney (ex div.) .... 20 10 0 21 10 0 E„ S. and A. . . . 6 5 0 6 6 0 National of A’asia (£10 paid) . . . — 15 15 0 National of A’asia (£5 paid) . . . 7 12 6 7 14 6 New South Wales (cum div.) . . 35 10 0 35 12 6 New Zealand . . 2 0 3 2 0 8 Npw Zealand Mort shares — 18 6 Union lex div.) . 10 12 0 10 13 0 Insurance — National ...... 0 18 0 0 18 4 New Zealand (c. div.) 3 0 0 3 3 0 South British . 4 13 6 — Standard — 2 19 0 Loan & AgeqeyDalgety and Co. . 11 14 0 11 16 0 Goldsbrough, 5(ort — 1 1? 3 National Mortg. "A" 2 15 0 3 0 0 N.Z. Guarantee Corporation . . 0 4 8 0 5 11 N.Z. Loan & Merc. ford.) — 39 15 0 United Building . 1 0 0 1 0 3 Wright Stephenson 0 18 0 — Wright, Stephenson (pref.) 0 10 0 — Shipping— Huddart Parker . — 1 18 0 P. and O. Deferred Stock 1 18 0 2 1 0 Union (pref.) . . 1 5 9 1 6 6 Frozen Meat— Canterbury .... 9 0 0 — Canterbury (pf.) . 6 1 0 6 10 0 Gear 0 16 9 — N.Z. Refrigerating (£1 paid, cum div.) 1 0 4 1 0 8 N.Z. Refrigerating (10/- paid, cum div.) 0 9 4 0 9 5 North Canterbury Freezing .... 1 10 0 1 17 6 Waitaki 4 3 0 — Woollens— Bonds Hosiery . . — 0 19 6 Bruce — 0 12 9 Kaiapoi (17/- pd.) 0 14 6 0 14 9 Kaiapoi (7/- paid) 0 5 4 0 5 8 Kaiapoi (pref.) . . 0 17 0 — Manawatu .... — 1 18 0 Mosgiel 9 15 0 — Oamaru — 1 1 6 Coal— Westport 1 4 0 \ — Stockton . . . . 0 1 9 0 2 0 Stockton (pref.) . 0 3 5 0 3 6 Gas— Ashburton .... 6 0 0 — Christchurch (cum div.) 1 9 6 1 10 0 Christchurch (10/paid) 0 13 9 0 14 6 Umaru 0 18 0 1 0 9 Wellington (cum div.) 1 16 9 — Breweries— Crown (in Hq.) . . 0 2 6 0 5 6 Dominion .... 2 1 9 2 3 0 New Zealand . . 2 17 0 2 17 3 Monteiths (in liq.) 0 3 3 — Staples 2 1 0 — Swan 7 5 0 7 15 0 Tooheys — 1 15 6 Tooths 2 16 7 2 16 10 Wards (in liqn.) . — 0 2 0 Miscellaneous — Beau Monde . . . 0 17 0 1 0 0 Anthony Hordern 1 0 5 1 0 7 Amalgamated Wireless fcontr.) —- 2 0 3 Aust. Paper and Pulp — 1 16 3 Aust. Glass .... 4 10 0 4 12 9 Aust. Iron & Steel (pref.) 1 7 3 1 7 8 Beath and Co. . . 1 1 0 1 2 9 Beath and Co. (1/- paid) • ■ • —- 0 5 0 Beath and Co. (pref.) 1 2 6 15 0

Berlei (N-Z-) . . 3 5 0 Booth, Macdonald (pref.) 0 3 6 0 5 8 British Tobacco (ex bonus) 2 9 0 2 10 0 Broken Hill Pty. . 4 1 3 4 1 6 Broken Hill Propty. (contr.) .... 3 7 4 3 7 5 Canterbury Farm Co-op 0 14 7 —— (pref.) .... — 2 0 0 Cl. Neon (N.Z.) . . 1 8 6 1 15 0 Colonial Sugar . . 42 10 0 3 0 0 Dental t Medical 0 10 6 —— D.I.C. (pref.) . . 1 3 6 — Dominion Builders’ Supplies .... 0 3 6 0 5 6 Dom. Fertiliser 1 4 3 14 6 Dunlop Rubber 0 18 9 0 18 11 Electro Zinc (ord.) 2 13 0 2 14 0 Electro Zinc (pref.) 2 15 4 2 15 8 Evans Atlas Flour 0 5 0 12 0 General Industries 1 0 1 10 6 G. J. Coles . . . 4 16 9 4 17 0 Gr. Crystal Palace 0 6 0 — Hays, Ltd. (15/paid) — 0 16 9 Henry Jones . . . — 2 7 3 Howard Smith . . 1 3 1 13 6 Hume Pipe . . . 1 2 1 1 2 6 Kauri Timber . . 1 2 10 1 3 6 Masqn, Struthers (£1 paid) . . . — 0 15 0 Mason, Struthers (11/- paid) . . — 0 12 6 Mason, Struthers (10/- paid) . . — 0 8 6 Morts Dock . . . 0 12 11 0 13 2 M.K. Millinery . . 2 7 7 2 10 11 Buyers Emporium . 1 18 6 1 19 6 N.Z. Drug .... — 3 16 6 N.Z. Fa r me r s’ (10'- paid) . . — 0 0 9 N.Z. Farmer s’ Co-op. (1st pf) 3 13 0 — N.Z. F a r m e r s’ Co-op. (A pf.) 2 3 0 — N.Z. F a r m e r s’ Co-pp. (B pf.) — 2 10 N.Z. Farmer s’ Cq-op. (44 p.c. Stock, .1940) . . 95 0 0 100 0 0 N.Z. F a r m e r s’ Co-op. 44 p.C. Stock, 1945) . . 95 0 0 — N.Z. F a r m e r s’ Co-op. (44 p.c. Stock, 1933) . . 93 10 0 96 0 0 N.Z Malay Rubber 0 14 0 12 0 ipref.) .... 0 15 0 — N.Z. Newspapers . — 2 1 0 N.Z. Paper Mills . 1 6 6 1 7 9 Northern Roller Milling .... 1 1 9 — Yellow Express 0 5 0 — Procera Bread . . — 19 0 Quill Morris (1936) 0 18 6 — Rpbinson Ice . . 1 1 9 — Shillings, Ltd. . . 0 18 10 0 19 9 T. J. Richards 2 3 3 2 5 0 Taranaki Oil . . 0 1 7 0 1 9 Union Oil, Soap . 1 5 0 —— Permewan Wright 1 9 0 — United Provisions (pref.) 1 4 0 — Zealandia Soap — 0 7 9 y/hitcoinbe and Tombs 3 3 0 3 3 3 Wilcox Moffhn 0 12 1 0 12 7 Wilsons Cement . — 2 1 0 Woolworths (N.Z., ord.) 7 2 6 7 5 0 Wool worths (N.Z., pref.) — 1 17 6 Woolworths (Vic., pref.) — 1 10 0 W- R- Carpenter . 2 4 6 — Waldas Shoes . . 1 9 0 1 12 0 Yarra Falls . . . — 2 0 6 Mining— Alexander .... — 0 16 9 Alexander (15/paid) 0 12 6 0 15 0 Argo 0 1 9 o i in Big River .... 0 1 6 0 1 101 Gillpspie’s Beach • — 0 1 6 Blackwater . . . 1 7 6 1 10 6 King Solomon . . — 0 0 6 ■ Maerewhenua . . 0 0 11 0 0 25 Maori Gully . . . — 0 0 6 Moonlight Goldfields — 0 10 Mossy Creek . . . 0 1 2 0 1 21 Nemona 0 1 7i 0 1 8* Nokomai — 0 2 8 Okarito 0 4 6 0 4 9 Skippers 0 0 3.1 0 0 31 Stafford Sluicing — 0 10 Waimumu 0 0 11 0 10 Waitahu 0 1 0 0 2 0 Worksop — 0 1 10 Aust. Mining— Mount Lyell . . . 2 1 2 1 7.A Mount Morgan . . 0 16 10 0 16101 Brpken Hill South 2 5 6 2 6 6 Mt. Morgan Dev. — 0 1 6 Placer 4 18 6 5 3 0 Rawang Tin . . . 0 10 0 0 11 2 Upper Watut . . . 0 1 11 0 2 3 Wellgtn. Alluvials (2/- paid) . . . — 0 4 6 Mount Isa ... . — 1 4 0 Unlisted Al) transactions in stocks quoted in this section are subject tc a different rate of brokerage from Lister Stnekf. and are not quoted Dll the Official List:— £ s. d. £ 3. d Assoc. Motorists Petrol (pref.) . 1 9 6 1 12 6 Alloy Steel (Aust.) 1 1 11 1 2 11 Ballins Breweries (10/- paid) . . — 0 8 2 Ch.Ch. Press . . . 7 15 0 — Coull, Somerville, 5j p.c. Stock, 1/5/41 — 103 0 0 National Tobacco (cum div.) . . 2 19 0 2 19 6 N.Z. Mining Invest — 0 0 51 N.Z. Perp. Forests 2 13 11 — N.Z. Perp. Forests (4/- paid) . . . 0 18 0 — E. Reece, Ltd (pf > 0 1 9 0 2 3 Selfridge’s (A’asifi) old 2 2 0 — Self ridges (A’asla) new — 2 2 6 Were’s Investment Trust 0 6 0 0 6 6 Westland Breweries (£1 paid) . . . 1 11 6 — White’s Electric . — 0 0 8 Woolworths (Syd.) ord — 8 15 0 Woo'worths (West Aust.) .... 7 5 0 7 7 6 Tem'uka Flour . . 0 p 0 0 19 0 J. C. Williamson . 3 13 0 — Waimate Gas . . 1 9 0 METALS MARKET United Press Associatlpq —By Electric Telegraph ; -€topyrtght (Received January 29, 6.30 p.m.) LONDON, January 28 Metal quotations— Copper— s. d. Standard, spot .. 51 18 fj Ditto, forward .. 52 0 11 Electrolytic .. .. 56 5 0 to 57 5 0 Wire bars .. .. 57 15 0 Lead — Spot 26 13 9 Forward 26 10 0 Spelter— Spot 21 13 9 Forward 21 11 3 Tin— Spot 225 10 0 Forward 226 2 6 Silver — Standard, per oz. 20J Fne 22 i*

Morning Call Sales on 'Change— 75 Union Bank of Aust. (ex. div.) (3) £ s. d. 10 12 6 200 National Insurance (2) 0 18 3 100 N.Z. Refrigerating (10/paid) cum. div 0 9 6 100 N.Z. Breweries 2 17 3 200 Broken Hill Propty. (contr.) (3) .. 3 8 0 3 7 11 100 Dunlop Rubber 0 18 10 100 Hume Pipe (Aust.) .. 1 2 0 100 Morts Dock 0 13 2 1000 Waimumu Sluicing (2) 0 0 11 100 Mount Lyell 2 2 0 Sales Reported— 150 National Insurance (late sale yesterday) 0 18 3 1.7 Ashburton Gas (odd parcel) 6 7 6 100 Whitcorabe and Tombs 3 3 0 500 Waimuniu Sluicing .. 0 0 111 Afternoon Call. Sales on ’Change— £ s. d. 50 Bank of N.Z 2 0 6 25 Dalgety and Co 11 14 0 100 N.Z. Refrig. (£1 pd.) cum. div.) 1 0 6 202 Do. (10/- pd.) (2) .. 0 9 5 100 Kaiapoi Woollens (17/paid) 0 14 6 600 Westport Stockton Coal ipref.T (4) 0 3 5 200 N.Z. Breweries (2) .. 2 17 3 400 Broken Hill Propty. .. 4 1 0 ’ (2) 4 0 11 (2) 4 0 10 (3) 4 0 9 550 Broken Hill Propty. (contr.) 3 8 0 (2) 3 7 6 (2) 3 7 5 3 7 4 3 7 5 200 Dunlop Rubber (2) .. 0 18 10 150 G. J. Coles 4 17 3 (2) 4 17 0 200 N.Z. Farmers’ Co-op. (41 p.c. Stock, 1941) .. 94 0 0 100 Okarito 0 4 8 200 Mount Lyell (2) .. .. 2 1 7 100 Mount Morgan (2) .. 0 16 11 (2) 0 16 10* (2) 0 16 10 Sales Reported— , £300 Wanganui Harbour (41 1/4/44 104 0 0 5 Bank of N.S.W 35 12 6 200 Auckland Gas (cum. div.) .. .. .. .. .. 1 3 6 50 Broken Hill Propty. .. 4 1 6 250 Ditto (contr.) (3) .. .. 3 8 3 WELLINGTON Sales qn 'Change— £ s. d. National Bank of N.Z. (3) 3 3 0 NZ Refrigerating 0 9 6 Westport Coal 1 4 0 G. J. Coles 4 17 3 4 18 0 Woolworths, Ltd (2nd pf.) 1 7 0 Sharland (ord.) 0 18 9 Bonds, 1955, 4 p.c 103 12 6 Commercial Bank (pref.) . 9 8 0 9 7 6 E. S. and A. Bank 6 6 0 N.Z Breweries 2 17 0 General Industries 1 0 3 Mount Morgan 0 17 1 Wellington Alluvials (13 paid) 0 4 3 Anthony Hordern 1 0 6 Unofficial List— Self ridges (old issue) .. .. 2 2 6 Associated Motorists (pf.) 1 11 6 DUNEDIN Sales on ’Change— £ s. d. N.Z. Refrig, (cont.) .. .. 0 9 5 Broken Hill Propty 4 1 6 Ditto (cont.) 3 8 3 3 7 9 Mi’lequin Sugar 2 3 11 Mount Morgan 0 17 1 Unlisted Stocks — Associated Motorists (pf.) . 1 11 0 Seifridges (old issue) .. .. 2 2 6

Commonwealth Bonds— £ d. 4 per cent., 1938 101 7 6 4 per cent., 1955 10: 5 0 Comm. Bank of Sydney (ex. div.) 21 11 0 Bank of N.S.W 36 0 0 Tooheys 1 15 3 Associated News 1 4 6 British Tobacco (ex bonus) 2 10 6 Broken Hili Pty. (npw) .. 3 8 6 Burns Philp 3 16 6 Morris Hedstrom 1 10 0 Peters .. 2 6 9 Afternoon Sales— Bank of N.S.W 36 0 0 Comm. Banking of Sydney (ex. div.) 21 11 0 National Bank (£5 paid) .. 7 15 0 Associated News 1 4 71 Colonial Sugar 43 7 6 Burns Philp 3 16 6 British Tobacco 2 11 0 Tooths 2 17 0 Tooheys 1 15 6 Winchcombe Carson .. .. 1 19 3 Henry, Jones 2 7 3 Electrolytic Zinc 2 14 3 Anthony Hordern 1 0 9 General Industries 1 0 6 Sargents 1 11 9 Hackshalls 0 17 3 Commonwealth Wool .. .. 1 1 0 Meggitts 1 14 9 Huine Pipe 1 2 3 Wunderlich 1 A 3 Woolworths (qrd.) 8 17 0 Mount Morgan 0 17 u Mount Lyell 2 0 Bulolo Gold 7 15 0 Emperor 1 1 1* Rawang 0 11 1 Melbourne Exchange The industrial market was a little easier. Barriers were lower pn the falling metal prices. Broken Hill South will pay a dividend of 1/- a share. nterest in Fijian stocks was maintained. Sales:— Comm. Bank of Australia 1 0 1 National Bank (£5 paid) .. 7 15 0 British Tobacco 2 10 6 Carlton Brewery 3 4 0 C'ol A 4 18 o □rug Houses 1 7 4A Dunlop Perdriau 0 19 1 Ditto (pref.) 1 14 9 Electrolytic Zinc 2 13 9 Ditto (pref.) 2 15 0 Victoria Nyanza 0 16 6 Mpunt Morgan 0 17 0 Mount Lyell 2 2 3 Broken Hill Propty 4 0 9 North Broken Hill 3 15 0 South Broken Hill 2 5 0 Emperor 1 0 6 Loloma 1 4 li Silverton Trams 1 18 9 Kauri Timber 1 3 3 Koroere .. 0 5 9 Hume Pine 2 1 (Continued on Page 3.)