Finance and Commerce

Timaru Herald, Volume CXLIII, Issue 20672, 10 March 1937, Page 16

Finance and Commerce

CHRISTCHURCH STOCK EXCHANGE YESTERDAY’S QUOTATIONS Special to "The Timaru Herald." CHRISTCHURCH, March 10. Th? following quotations were ruling when the Stock Exchange closed for th: day:—

Unlisted Ail transactions in stocks quoted in this section are subject to a different rate of brokerage from Listed Stocks and are not quoted on the Official List:—

AUSTRALIAN STOCK EXCHANGES United Press Association—By Electric Telegraph—Copyright (Received March 9, 10.50 p.m.) SDNEY, March 9. On the Stock Exchange to-day brisk business was done with little alteration of price levels.

Melbourne Exchange A firm tone was maintained in industrials. Metal stocks closed slightly easier, after a strong rise. Tin shares were active, but more selling was apparent. Sales:

DOMINION RUBBER COMPANY By Telegraon Prvs. Association DUNEDIN, March 9. At a meeting of the directors of the Dominion Rubber Company, a final dividend of 3J per cent in respect of the year ended November 30, was declared. This, together with the interim dividend of 21 per cent, makes a total distribution for the year of 6 per cent. VICKERS DIVIDEND United Press Association—By BS«<-trio Telegraph- Popyrlgbt (Received March 9, 7.30 p.m.) LONDON, March 8. Vickers has declared a dividend on ordinary shares of 10 per cent.

Buyers. Sellers. £ s. d. £ s. d. N.Z. Govt. Debs.3i per cent. Inscr., 15/3/39-43 . . . — 101 10 0 3J per cent. Inscr., 15/9/39-43 . . . — 101 12 6 4 p.c. Inscr., 194346 101 10 0 102 0 0 4 p.c. Inscr., 194649 102 10 0 103 10 0 4 p.c. Inscr., 195255 102 10 0 103 o 6 4 p.c. Bonds, 1946 101 12 6 — 4 p.c. Bonds, 1949 102 15 0 — 4 p.c. Bonds, 1955 102 15 0 — 5 p.c. Rural Bonds, 15/9/1947 . . . 102 10 0 — 3i per cent. Stock. 15/1/53-57 . . . — 99 0 0 Other Debs.— Malvern Power, 41 p.c., 31/3/67 . . — 107 0 0 Ch-Ch Drainage Board, 41 p.c. 31/12.1958 . . . 105 0 0 108 0 0 Booth, Macdonald, 5 p.c., 11/6/47 . 75 10 0 76 0 0 N.Z. Refrigerating, 4J p.c., 1940-45 . 101 10 0 — Banks— Adelaide 6 7 6 — Australasia (cum div.) — 13 10 0 Comm, of Ausk . . 0 19 3 0 19 4 (pref.) .... 9 4 6 — Comm, of Sydney — 22 10 0 E., S. and A. . . . 6 8 6 6 10 6 National of A’asia. ( £10 paid) . . . 15 15 0 16 0 0 (£5 paid) . . . — 8 1 6 National of N.Z. . 3 2 0 3 9 6 New South Wales 36 10 0 — New Zealand . . . 2 3 0 O 3 6 Queensland Natl. . 5 8 0 — Union 11 1 0 11 4 0 Insurance— Merc. Mutual . . . — 1 14 0 National 0 17 9 0 17 11 New Zealand . . . — 3 •> 0 South British . . 4 15 0 4 17 0 Loan & Agency— Dalgety 10 9 0 10 15 0 Goldsbrough Mort. — 1 17 11 National Mortgage (“B”) 1 10 9 1 16 0 N.Z. Guarantee (cum div.) . . 0 5 9 0 5 11 N.Z. Loan & Merc. (ord.) 45 0 0 46 0 0 Permanent Invest. 9 2 6 — United Building (cum div.) . . . 1 0 3 1 0 9 Wright, Stephenson (ord.) . . . — 0 19 0 Younghusband (ex rights) .... — 1 18 0 (rights) .... 0 5 0 — Shipping— F. & O. Deferred Stock 1 19 0 2 1 9 Frozen Meat— Gear 0 16 10 0 17 1 N.Z. Refrigerating (£1 paid) . . . 0 18 4 0 18 10 (10/- paid) . . — 0 8 9 North Cariterbury Freezing .... — 1 16 0 Southland Frozen Meat — 3 15 0 Waitaki — 4 5 0 Woollens— Bruce 1 0 0 Bonds Hosiery (c. div.) — 1 0 0 Manawatu .... — 1 16 0 Mosgiel 9 15 0 — Kaiapoi (17/- pd.) 0 14 1 — (pref.) .... — 0 17 9 Oamaru — 0 19 8 Coal— Westport 1 2 3 1 3 11 Stockton 0 z 0 0 2 1 (pref.) .... 0 4 0 Gas — Christchurch . . . 1 8 8 —- Timaru .... — 1 1 0 Breweries— Dunedin — 1 9 7 New Zealand . . . 2 19 9 3 0 0 Staples 1 14 10 1 16 0 Tooths — 16 3 White Star (in liqdn.) .... — 0 5 0 Ward (in liqdn.) . 0 1 0 0 2 0 Misce'laneo *s— Amalg'td. Wireless 2 19 0 3 0 9 (contr.) .... 2 0 — Anthony Hordern 1 0 8 1 0 11 Assoc. Newspapers (pref.) .... 1 3 0 — Aust. Glass . . . — 4 13 6 Aust. Iron & Steel (pref.) .... 1 8 6 — Beath and Co., (c. div.) 1 2 3 1 3 0 (pref., c. div.) . 1 2 6 1 5 0 Booth Macdonald (pref.) .... 2 11 0 3 8 British Tobacco . 2 12 3 2 13 0 Broken iHll Pty. . 4 9 0 4 9 3 (contr.) .... 4 2 9 4 3 6 Bums, Philp . . . 4 0 6 Colonial Sugar . . 42 12 6 43 0 0 Consolidated Brick 0 10 1 0 10 2 Dom. Fertiliser . . — 1 3 11 Dunlop Rubber (c. div.) 1 0 1 1 0 3 Electrolytic Zinc (ord., c. div.) . 3 7 5 3 7 8 Electrolytic Zinc (pref., c. div.) . 3 9 7 3 10 0 Gen. Industries . 1 0 11 1 1 G. J. Coles (cum div.) 5 6 0 5 6 6 Hay’s, Ltd. (15/paid) — 0 16 0 Howard Smith (c. div.) 1 4 1 1 4 5 Hume Pipe (Aust.) (cum div.) . . — 1 1 0 Kauri Timber . . . — 1 3 9 Lustre Hosiery . . 1 1 0 — Morris Hedstrom . 1 10 0 1 11 0 Permewan Wright 1 8 6 — N.Z.F. Co-op.— (£2/10/- paid) . — 1 0 0 (10/- paid) . . — 0 0 8 (1st pref.) . • — 3 13 0 ("A” pref.) . . 2 3 0 — (“B” pref.) . . — 2 3 0 (45 p.c. Stock, 1940) 92 15 0 93 10 0 (45 p.c. Stock, 1945) 90 0 0 93 0 0 (41 p.c. Stock, 1939) 93 0 0 N.Z. Malay Rubber 0 16 0 — N.Z. Newspapers . — 2 0 6 N.Z, Paper Mills . — 1 8 6 Procera Bread . . 1 3 0 1 9 0 Q. Morris (1936) . — 0 19 0 Simpson and WilHams 1 10 0 Taranaki Oil . . . 0 4 11 0 5 0 Taupo Totara . . :— 0 9 3 United Provisions —. 0 14 0 Wilcox Mofflin 0 12 6 0 12 10 Wilson’s Cement . —• 1 17 6

Woolworths (N.Z., ord.) 7 3 0 . (pref.) — 1 18 6 Woolworths (Sydney, pref.) . . . 1 6 7 1 7 0 ..oolworths (Vic., pref.) — 1 8 0 Waldas Shoes . . — 1 9 6 Shillings, Ltd. . . 0 17 0 0 19 0 Mining— Argo — 0 2 0 Big River .... 0 1 8 0 1 11 Gillespie’s Beach . 0 1 5 0 l 61 Golden Point . . 0 0 01 Golden Sands . . 0 2 0 0 o 6-i King Solomon . . 0 0 8 Maori Gully . . . 0 0 5 0 0 6 Moonlight Goldfields — 0 1 0 (vendors) , . . 0 0 71 0 0 10 Mossv Creek . . . — u 1 0 Nemona 0 1 6 0 1 9 Okarito — 0 3 8 Skippers 0 0 22 0 0 31 Waihi Investments 0 14 6 — Worksop 0 1 71 0 1 81 Australian Mining Mount Lyell . . . 2 13 4 2 13 6 Broken Hill South (cum div.) . . 2 18 3 2 19 6 Emperor Fiji . . . 0 19 6 1 1 11 Mount Morgan . . 0 18 8 0 18 9 North Broken Hill (cum div.) . . 4 7 0 4 9 0 Rawang Tin . . 0 13 3 0 13 4 Sulphide Corpn. . 0 16 0 0 16 9 Wellington Alluvials (2/- paid) — 0 6 4

Buyers. Sellers. £ s. d £ s. d. Assoc’td. Motorists Petrol (pref.) . 1 10 3 1 11 3 Alloy Steel (Aust.) 1 1 0 — (new) 1 0 3 1 1 0 Ballins Breweries (15/- paid) . . 0 12 9 0 13 9 Ch.Ch. Press . . . 8 7 6 10 0 0 General Tobacco . 0 4 9 0 14 9 Kanieri Gold . . . 0 15 0 0 17 0 New River .... 0 0 4 0 0 7* Ngahere (5/- paid) 0 5 3 0 6 9 N.Z. Mining Invest — 0 0 5 N.Z. Perp. Forests — 2 12 11 con 0 10 0 0 16 3 E. Reece, Ltd. (pref.) 0 2 3 — Selfridge’s (A’asia) (old”) 1 19 6 2 0 0 new) — 1 19 0 (N.Z.. 4 - pd.> 0 4 3 — Thyrodone .... — 1 18 9 Were’s Investment Trust 0 6 3 0 6 5 Westland Breweries (£1 paid) . . . 1 12 0 1 17 6 (10,;- paid) . . 0 16 1 — White’s Electric . 0 0 2i 0 0 6 Wool worths (Svdney, ord., cum. div.) 8 1 6 8 4 0 Wool worths (West Australia) . . . 7 4 0 7 6 0 Grey River (2/6 paid) 0 3 11 0 4 2

Morning Sales: Commonwealth bonds: £ s d. 4 per cent. 1938 .. .. 101 12 6 4 per cent. 1941 .. .. 101 7 6 4 per cent. 1947 .. .. 102 7 6 4 per cent. 1961 .. .. 101 15 0 Commercial bank of Syd. .. 22 16 0 Ditto N.Z. delivery 22 15 0 Tooths 2 16 3 Anthony Hordern 1 1 H Ditto (pref.) 1 2 0 Associated News 1 3 10} Broken Hill Propty 4 10 0 Electro Zinc 3 7 6 G. J. Coles 5 7 0 Goldsbrough Mort .. .. 1 18 9 Mark Foy 1 9 6 Meggitts 1 13 0 1 'orris Hedstrom 1 10 9 R. Fowler 0 14 5 Afternoon Sales: Bank of New South Wales 37 17 6 Com. Bank of Sydney 22 16 0 Ditto N.Z. delivery .. .. 22 15 0 National Bank (£5 paid) .. 8 0 0 Union Bank 11 3 0 Queensland National Bank 5 15 0 Colonial Sugar 43 5 0 Associated News 1 3 101 Ditto (pref.) 1 3 Burns Philp 4 1 0 Tooths 2 16 6 1 16 10} Coles 5 6 6 Dunlop Perdriau 1 0 8 Goldsbrough Mort 1 18 9 iorris Hedstrom 1 10 9 Greater J. D. Williams .. 0 8 0 Henry Jones 2 5 0 Anthony Hordern 1 1 0 V.'. H. Soul 4 7 0 Clifford Love 2 14 0 Finney Isles 1 12 6 Sargents 1 13 6 United Provisions 0 11 3 Peters 2 7 6 Sulphide Corporation, New Zealand delivery .. .. 0 17 U Taranaki Oil 0 5 0 Emperor 1 0 9 Mt. Morgan 0 18 9 Mt. Lyell 2 13 6 'iawang 0 12 5 Larut 1 1 1» Placer Development .. .. 0 5 3 Mandated Alluvial 0 3 2

Comm. Bank of Aust. .. .. 0 19 8 Coles .. 5 6 6 Dunlop Perdriau .. .. .. 1 0 10 Ditto, (pref) 1 15 6 Goldsbrough Mort .. .. .. 1 18 7i Electrolytic Zinc .. .. 3 8 3 Ditto (pref.) .. 3 9 6 Waldas (pref.) .. 1 4 0 Sulphide Corporation .. .. 0 17 6 Yarra Falls .. 2 3 3 Mt. Morgan .. 0 18 7 Mt. Lyell .. 2 13 6 Broken Hill Propty. .. 4 10 0 South Broken Hill .. .. .. 2 18 9 North Broken Hill .. 4 9 9 Zinc Corporation .. .. .. 8 9 6 Fmperor 1 0 lOi