Finance and Commerce

Timaru Herald, Volume CXLIII, Issue 20668, 5 March 1937, Page 18

Finance and Commerce

CHRISTCHURCH STOCK EXCHANGE YESTERDAY’S QUOTATIONS Special to "The Tivraru Herald.” CHRISTCHURCH, March 4. Th? following quotations were ruling when the Stock Exchange closed for th: day:—

By Telegraph—Press Association AUCKLAND, March 4. Milne and Choyce, Limited, have declared an interim dividend at the rate of 4 per cent per annum on ordinary shares and debenture stock for the half-year ended January 31. A distribution at the rate of 6 per cent per annum will be made on preference shares, and at the rate of 7 per cent per annum on B preference shares. The dividends are at u-ichaiseri

Buyers. Sellers. £ s. d £ s. d. N.Z. Govt. Debs.3A per cent. Inscr., 15/3/39-43 . . . — 102 12 6 33 p.c. Inscr., 1941 4 p.c. Inscr., 1943101 0 0 — 46 — 102 10 0 4 p.c. Inscr., 194649 102 12 6 — 4 p.c. Inscr., 195255 — 103 0 0 4 p.c. Bonds, 1946 — 102 0 0 4 p.c. Bonds, 1949 5 p.c. Rural Bonds, 102 15 0 103 0 0 15/9/47 .... 102 O 0 — Other Debs.— Blenheim Boro. 4i p.c., 1/3/43 . . . — 103 15 0 Blenheim Boro., 44 p.c., 1/3/59 . . . Ch’Ch. Trams, 41 - 103 15 0 p.c.. 1 8/57 . . . N.Z. Refrigerating, — 105 10 0 41 p.c., 1940-45 . 101 10 0 102 10 0 Banks— Comm, of Aust. 0 19 3 0 19 4 (pref.) .... 9 3 9 9 5 6 E., S. and A. . . . National of A’asia. 6 8 0 6 9 0 (£5 paid) . . . 7 16 0 — National of N.Z. . 3 1 9 3 •» 0 New South Wales 36 7 6 — New Zealand . . . 2 2 2 2 2 3 Union 11 0 0 11 2 6 Insurance— Merc. Mutual . . . 1 14 0 National — 0 18 0 New Zealand . . . 3 1 0 3 9 6 South British . . . — 4 17 6 Loan & Agency— Dalgety and Co. . National Mortgage 9 15 0 10 10 0 “A” — 3 0 0 “B” 1 10 0 — Goldsbrough Mort. N.Z. Guarantee 1 17 9 1 17 11 Corporation . . 0 5 •5 — N.Z. Loan & Merc. (ord.) 44 0 0 46 10 0 United Building (cum div.) . . . 1 0 0 — Wright Stephenson (pref.) — 0 19 9 Permanent Invest.. 9 0 0 — Shipping— Huddart Parker (c. div.) P. & O. Deferred 1 17 0 1 19 6 Stock 2 0 0 2 3 0 Frozen Meat— Canterbury (pf.) . 6 3 6 Gear N.Z. Refrigerating 0 16 10 0 17 1 (£1 paid) . . . 0 18 9 0 19 0 N.Z. Refrigerating (10/- paid) . . North Canterbury 0 8 7 0 8 9 Freezing .... — 1 16 0 Waitaki 4 1 0 4 6 0 Woollens— Kaiapoi (17/- pd.) 0 14 1 0 14 4 Kaiapoi <7/- paid) 0 5 5 0 5 9 Kaiapoi (pref.) . . — 0 17 6 Oamaru — 0 19 9 Coal— Westport 1 3 9 Stockton 0 2 0 0 2 3 (pref.) 0 3 9 0 4 0 Gas— Auckland 1 3 0 Christchurch . . . — 1 8 6 Breweries— Dominion 1 19 0 9 3 3 Dunedin — 1 9 0 New Zealand . . . 2 19 10 3 0 0 Swan Tooheys (c.d. and 7 15 0 8 15 0 new issue) . . . — 1 17 3 Tooths White Star (in 2 16 0 2 17 0 llqdn., ex distr.) — 0 5 9 Wards (in liqdn.) 0 0 10 0 1 2 Misce'laneo s— Amalg. Wireless . 9 17 0 (contr.) .... 2 3 6 — Anthony Hordern 1 0 11 1 1 0 Aust. Glass .... 4 12 3 4 12 8 Beath and Co. . . — 1 3 0 (1/- paid) . . . — 0 3 0 Aust. Iron & Steel (pref.) 1 7 11 1 8 1 British Tobacco (c. div.) 2 13 5 9 13 2 Broken Hill Pty. . 4 9 0 4 9 2 (contr.) .... 4 2 0 4 3 0

Bums, Philp . . 3 19 0 4 1 0 Colonial Sugar . . 42 15 0 43 0 0 Cons. Brick .... 19 6 Dominion Builders 0 3 11 0 4 9 Dom. Fertiliser . . 1 4 3 Dunlop Rubber (c. div.) 1 0 4 1 0 5 Electrolytic Zinc (ord., c. div.) . 3 3 3 3 3 5 Electrolytic Zinc <pref., c. div.) . 3 4 0 3 4 2 Gen. Industries . . 1 1 7 1 1 10 G. J. Coles .... 5 9 3 5 9 6 H. Smith (c.d.) . . 1 3 10 1 4 2 Hume Pipe (Aust.) 1 1 0 1 1 2 Kauri Timber . . 1 3 0 1 3 7 Milburn Lime (c. div.) 2 2 1 Morris Hedstrom . 1 9 9 1 10 3 Mort’s Dock . . . 0 14 0 0 15 0 National Electric . 0 12 0 — Permewan Wright 1 8 0 — N.Z. Drug Co. . . 3 15 0 3 18 6 N.Z.F. Co-op.— (£2/10/- paid! . — 1 0 0 (10/- paid) . . — 0 0 8 (“A” pref.) . . 2 2 0 - (“B” pref.) . . 2 1 6 9 3 0 (4 J p.c. stock. 1940) 93 0 0 93 10 0 <45 p.c. stock, 1945) .... 43 0 0 — (41 p.c. Stock. 1939) 93 0 0 — N.Z. Newspapers — 9 0 6 Procera Bread . . 1 3 6 1 8 0 Quill Morris (1936) — 0 19 0 T. J. Richards . . 2 6 6 2 9 0 Taranaki Oilfields 0 4 0 0 4 6 Wilcox Mofflin 0 12 5 0 12 8 Woolworths (N.Z., ord.) 7 5 0 — Woolworths (Sydney, 2nd pref.) . 1 8 0 — Wool worths (Vic., pref.) — 1 8 0 Waldas Shoes . . . — 1 9 6 W. R. Carpenter . 2 3 0 2 5 9 Mininq— Alexander .... — 0 17 0 (15/- paid) . . — 0 15 0 Argo 0 10 0 1 11} Gillespie’s Beach . 0 1 5 0 1 6 Golden Sands . . . 0 2 25 0 3 25 King Solomon . . 0 0 3 0 0 7} Maori Gully . . . 0 0 5 0 0 6 Big River 0 2 0 0 2 4 Mossy Creek . . . 0 0 6 0 1 0 Nemona 0 1 7 0 1 85 Okarito 0 3 5 0 3 9 Skippers 0 0 2 J 0 0 31 Waihi Invest. . . . 0 14 6 0 15 6 Worksop Extended 0 1 75 0 1 85 Australian MiningBroken Hill South (cum div.) . . . 2 15 9 2 16 6 Mount Lyell . . . 2 13 6 9 13 7 Mount Morgan . . 0 18 6 0 18 8 Rawang Tin . . . 0 13 2 0 13 4 Sulphide Corpn. • 0 14 6 0 16 6 Unlisted All transactions in stocks quoted in this section are subject to a different rate of brokerage from Lister Stocks and are not quotec on :he Official List:— Buyers. Sellers. £ s. d. £ s. d Assoc’td. Motorists Petrol (pref.) . 1 10 0 — Alloy Steel (Aust.) (new) 1 0 6 1 1 0 Ch-Ch Press . . . 8 2 6 — Arahura (10/- pd.) 0 13 0 — General Tobacco . — 0 14 0 Kanieri Gold . . . 0 15 0 0 16 9 New River .... 0 0 65 0 0 8 N.Z. Mining Invest — 0 0 55 N.Z. Perp. Forests — 13 3 (4/- paid) . . . — 0 18 0 Provident Life . . 1 2 6 — E. Reece, Ltd. (pf.) 0 2 1 — Selfridge’s (A’asia) (old) — 0 0 (new) — 1 19 0 (N.Z. 4/- paid) 0 3 6 — Westland Breweries (£1 paid) . . . 1 11 0 1 17 6 (10/- paid) . . 0 16 1 — White’s Electric . 0 0 65 0 0 8 Woolworths (Sydney, ord.) . . . 7 15 6 8 2 0 Wool worths (West Australia) . . . 7 0 0 7 10 0 Grey River (2/6 pd) 0 4 5 0 4 6 AUSTRALIAN STOCK EXCHANGES United Press Association — y Elec rlo Telegraph—Copyright (Received March 4, 9.30 p.m.) SYDNEY, March 4. The share market to-day vas featureless. There was steadiness all round with an improvement in copper, silver and lead concerns. Sales — £ s. d. Colonial Sugar .. . 3 7 6 Associated News 1 3 10' Associated News (pref.) 1 3 15 Burns Philp 4 1 0 Berlei 2 0 0 Tooths 2 6 6 G. J. Coles 5 8 6 British Tobacco .. . 2 13 9 Dunlop Perdriau .. 1 0 9 Goldsbrough Mort . . . 1 18 45 Wilcox Mofflin .. . 0 2 11 Anthony Hordern 1 1 3 General Industries 1 1 105 William Adams .. . 0 14 5 Meggitss 1 13 3 Kandos 1 4 6 Gordon and Gotch 2 2 0 Woolworths 8 5 0 Woolworths (N.Z.) . ( 7 0 Selfridges 2 0 6 Mount Lyell 2 13 45 Kuala Kampar .. . . . . 1 3 0 Rawang Tin 0 13 1 Taranaki Oil 0 4 9 Melbourne Exchange. The market was firm without appreciable change. Sales:— £ s. d. Comm. Bank of Australia 0 19 9 E, S. and A. Bank . 6 9 0 National Bank (£5 id) 8 0 0 Adelaide Steam .. . 1 12 6 Howard Smith .. . 1 4 4 British Tobacco .. . 2 14 3 G. J. Coles 5 10 0 Drug Houses .. .. 1 9 3 Australian Iron and Steel (pref.) 1 8 3 Dunlop Perdriau .. 1 0 10 Dunlop Perdriau (pref.) 1 15 3 Goldsbrough Mort. . 1 18 6 F.lpf trnlvtic Zinc 3 3 6 Electrolytic Zinc (pref.) 3 5 0 Yarra Palls 2 3 0 Silverton Trams .. 1 17 0 General Industries . 1 2 0 Sulphide 0 15 10 Mount Morgan .. . 0 18 11 Mount Lvell .. . 13 75 Broken Hill Proprietary 4 9 6 South Broken Hill . 2 16 6 North Broken Hill . 4 7 6 Emperor 0 19 8 Loloma 1 4 6 MILNE AND CHOYCE, LTD.