Finance and Commerce

Timaru Herald, Volume CXLIII, Issue 20722, 8 May 1937, Page 2

Finance and Commerce

CHRISTCHURCH STOCK I EXCHANGE YESTERDAY’S QUOTATIONS Special to “The Timaru Herald." CHRISTCHURCH, May 7. The following quotations were ruling when the Stock Exchange closed for the day:— Buyers. Sellers.

STOCKS AND SHARES CHRISTCHURCH STOCK EXCHANGE

AUSTRALIAN STOCK EXCHANGES United Press Association—By Elect-tc Telegraph—Copyright (Received May 7, 8.50 p.m.) SYDNEY, May 7. Interest in Mt. Lyell stimulated on ’Change to-day with the announcement of an interim dividend at the higher rate of 15 per cent, per annum. Investment business waS restricted, although Australian Glass recovered to

£ s. d. £ s. d. N.Z. Govt. Stock— 31 p.c., Inscribed, 15/5/39-52 . . 102 2 6 4 p.c. Inscribed, 46-49 . : 02 0 0 1952-55 .... 104 0 0 4 per cent. Bonds, 1946-49 .... 103 5 0 1052-55 .... 104 7 6 Rural Bonds, 1947 . 101 0 0 Company Debs.— Booth, Macdonald, 6J p.c., 1'6'47 . 74 0 0 77 5 0 Banks— Comm, of Aust. . . 0 9 3 0 9 4 (pref.) .... 9 6 0 9 10 6 Comm, of Sydney 22 12 6 National of A’asia. <£5 paid» . . . 7 15 9 7 16 0 National of N.Z. . 3 3 0 3 3 6 New Zealand . . 2 3 7 2 4 0 <D. Mort.) . . 1 6 0 1 6 9 Insurance — National 0 17 11 Standard 2 17 6 3 1 0 Loan & Agency— Ch.Ch. Building . 14 10 0 14 17 0 Dalgety 11 5 0 Goldsbrough Mort. 1 18 5 1 18 G N.Z. Guar. Corpn. 0 4 7 0 4 9 N.Z. Loan & Merc. (ord.) 49 0 0 50 10 0 Wright, Stephenson 1 0 6 Shipping— Huddart Parker . 1 19 0 2 0 0 Union (pref.) '. . . 1 7 0 Frozen Meat— N.Z . Refrigerating (£1 paid) . . . 0 19 3 0 19 6 (10/- paid) *. . 0 8 11 0 9 0 North Canterbury Freezing . . . 1 13 0 1 17 6 Woollens — Kaiapoi (17/- pd.) — 0 14 4 (7/- paid) . . . — 0 5 4 (pref.) .... — 0 17 6 Manawatu .... — 1 18 0 Timaru — 1 0 0 Mosgiel 0 10 3 0 10 10 Coal— Westport 1 4 0 1 4 9 Westport-Stockton (pref.) .... — 0 4 9 Gas— Christchurch . . . 1 6 0 1 8 0 Timaru - 0 19 0 Breweries— Dunedin 1 7 6 1 11 6 New Zealand . , . 2 19 4 9 19 5 Staples ...... 1 15 3 — Tooths 2 16 9 2 17 3 Swan (c.d. and bonus) , 1 11 9 — Miscellaneous— Amalg. Wireless . 2 0 0 2 8 0 Anthony Hordern 1 0 3 1 0 7 Australian Glass . 4 13 0 4 14 6 Aust. Iron & Steel (pref.) .... 1 6 0 1 6 6 Aust. Pulp and Paper 0 14 8 — British Tobacco 9. 9 3 2 10 0 Broken Hill Pty. . 4 4 5 4 4 7 (contrib.) . . . 3 18 2 3 19 0 Burns Philp . . . 0 11 9 0 13 0 Claude Neon . . . 1 12 6 — Colonial Sugar . . 45 7 6 46 0 0 Con. Brick .... 0 7 11 0 8 2 Dom. Builders . . — 0 5 0 Dorn. Fertiliser . . — 1 4 0 Dunlop Rubber . . 1 1 0 1 1 1 Electrolytic Zinc (ord.) 2 18 6 2 18 9 (pref.) .... 2 19 2 2 19 4 G. J. Coles . . . 9 0 5 9 6 Gen. Industries . . 1 0 3 — Howard Smith . . 1 2 0 1 2 6 Hume Pipe (Aust.) 0 19 4 0 19 6 Kauri Timber . . — 1 2 11 Mason Struthers (14/- paid) . . 0 8 6 0 13 0 Morris Hedstrom . 1 8 9 1 9 6 Morts Dock . . . 0 12 8 0 12 10 National Electric 0 13 6 — N.Z. Drug Co. . . 3 12 6 3 14 6 N.Z.F. Co-op.— (£2/10/- paid) . — 0 19 9 (1st pref.) . . . — 0 0 5 <B pref.) . . . — 2 2 6 (41 p.c. Stock, 1939) 92 7 6 — (44 p.c. Stock, 1940) 92 10 0 93 0 0 (44 p.c. Stock, 1945) — 92 5 0 (45 p.c. Stock, 1944) — 92 10 0 N.Z. Newspapers . 1 17 0 1 18 3 N.Z. Paper Milks . — 1 7 6 United Provisions 0 9 5 0 10 9 Quill Morris (1936) 0 16 0 0 18 0 Shillings, Ltd. . . 0 18 0 0 19 3 Taranaki Oil . . . 0 4 11 0 5 1 Waldas Shoes . . 0 19 0 1 1 9 Whitcombe and Tombs .... 3 1 0 — Wilcox Mofflin 0 13 8 0 13 11 Woolworths (N.Z.) ord 7 17 6 7 19 0 Woolworths (Syd.) pref. — 1 8 0 Mining— Alexander .... 0 12 6 — Alexander (15/paid) 0 12 6 0 15 0 Argo 0 1 91 0 2 0 Big River . . 0 1 6 0 1 74 Gillespie’s Beach . 0 1 5 — Golden Sands . . 0 1 8 0 2 3 Maori Gully .... 0 0 5 0 0 6 Moonlight — 0 0 8 Mossy Creek . . . — 0 1 01 Nemona —— 0 1 81 Okarito — 0 3 6 Skippers 0 0 21 0 0 22 Wa’mumu .... 0 1 0, 0 1 2 Worksop 0 1 3 0 1 7 Australian Mining Broken Hill South 2 11 8 2 11 10 Mount Lyell . . . 2 8 5 2 8 6 Mount Morgan . . 0 15 2 0 15 3 North Broken Hill 3 16 0 3 17 0 Rawang Tin . . . 0 11 6 0 11 11 Upper Watut . . . — 0 6 5 Emperor 0 16 11 0 17 8 Unlisted Stocks All 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. Buyers. Sellers £ s. d. £ s. d. Alloy Steel .... 0 18 0 — Arahura 0 14 6 0 15 0 Assoc. Me torists Petrol (pref.) . 1 10 0 1 10 6 Ballins Breweries . 0 13 1 0 13 8 Kanieri 0 15 0 — New River .... 0 0 8 0 0 9 Woolworths, Ltd. . 7 12 0 7 14 6 (West Aust.) . 5 1 9 5 2 0

Morning Call Sales on ’Change— £ S. d. 100 Comm. Bank Aust. .. 0 19 4 150 Bank of N.Z. (2) .. .. 2 4 0 100 Goldsbrough Mort 1 18 6 100 N.Z. Refrig. (10s pd.) 0 8 11 200 Dunlop Rubber (2) .. 1 1 0 35 G. J. Coles 5 9 0 25 Woolworths (N.Z. ord) 7 19 0 200 Broken Hill South (cum div.) (3) 9 11 6 (2) 2 11 5 (2) 9 11 6 450 Mount Lyell 9 7 4 9 7 6 2 7 9 (2) 2 7 16 2 7 9 (3) 9 7 9 100 Mount Morgan 0 15 1

Sales Reported— £200 3 p.c. Inscr., 1941 .. .. 97 0 0 Listed Stocks— 105 Woolworths (Sydney rights > 5 0 0 5 1 0 Afternoon Call Sales on ’Change— £ s. d. 100 Broken Hill Pty. (cum div.) 2 4 5 2 4 6 100 Electro. Zinc (pf.) (2) ■ ’ 19 3 100 Woolworths (Sydney 2nd pref.) 1 7 9 75 Broken Hill South (c. div.) (2) 9 11 9 9 11 0 600 Mount Lyell 9 8 6 2 8 5 400 Mount Morgan (4) .. 0 15 * Sales Reported— 25 Woolworths (N.Z. ord) 7 19 0 50 Broken Hill South (2) 2 11 9 Unlisted Stocks— 100 Ballins Breweries (15/paid) 0 13 2 70 Woolworths (Sydney rights) (4) 5 2 6 (3) 5 2 0 (2) 5 1 9 AUCKLAND Sales on ’Change— £ S. d. Stock, 15/2/43-46 4 p.c. (2) .. 103 5 0 Wanganui Harbour Board 4i p.c Natl. Bank of A’asia (£5) 100 10 0 7 17 0 Bank of N.Z. (D Mort) .. 1 6 6 Westport Stockton .. .. 0 2 8 Auckland Gas 1 0 6 Yarra Falls 2 6 Bycroft (odd lot) 1 19 0 Con. Brick 0 8 2 N.Z. Newspapers 1 18 6 Taranaki Oil (4) 0 5 0 Woolworths (N.Z.) 8 0 0 Waihi Junction 0 3 8 Mount Lyell 2 7 6 Unofficial List— N.Z. Perpetual Forests 2 1 3 Woolworths (Syd.) 7 10 0 (2) 7 12 6 Ditto (rights £5) 5 2 0 WELLINGTON Sales on ’Change— £ s. d. Late yesterday— 4 p.c. stock, 1946 103 15 0 102 17 6 Bank of N.Z. “D” long term 1 6 6 Broken Hill Pty 9 4 9 Martha 0 19 0 Sales to-day— Bank of N.S.W. (odd lot) 37 12 6 Bank of N.Z. “D” long term 1 6 6 N.Z. Guarantee Corpn. (3) 0 4 9 Yarra Falls 2 1 6 Australian Glass 4 13 6 Consolidated Brick .. .. 0 8 1 0 8 0 MacDuff (pref.) 3 6 Felt and Textiles 1 14 9 Sandhills 0 0 1 Woolworths Ltd. (2) .. .. 7 13 6 7 14 0 Do. (rights) .. .. 5 1 0 5 3 0 DUNEDIN Sales on ’Change— £ s. d. Mount Lyell 2 8 0 Huddart Parker (ord. late Thursday) 0 0 Bank of N.Z. (3) 2 4 0 Bank of N.Z.( long D) (2) 1 6 6 N.Z. Loan and Mer. (ord.) . 50 0 0 British Tobacco ■ 9 3 Sandhills 0 0 1 Waitahu 0 1 0 Broken Hill South .. .. 11 9 Electro. Zinc (ord.) .. .. 2 19 Mount Lyell (2) 2 8 2

pre slump basis. £ 38 s. d. Bank of N.S.W 10 0 Commercial Bank of Sydney 22 15 0 Associated News 1 3 0 British Tobacco 2 10 6 Tooths o 18 0 Tooheys 1 13 3 Coles 5 10 0 Australian Glass 4 14 6 Dunlop Perdriau .. .. 1 1 4 Winchcombe Carson .. .. 1 17 6 Paul and Gray 0 18 9 Stedman 0 16 9 Meg"itts 1 11 Taubmanns 3 10 0 Newbold Brick 1 17 3 Millaquin Sugar 2 4 6 Woolwortlis 7 15 0 'Seller) 7 17 6 Wool worths (N.Z.) 8 0 0 (Seller) « 5 0 Selfridges 1 13 9 1 15 0 Selfridges (N.Z.) .. .. 0 9 0 3 3 Mt. Lyell 2 8 9 Rawang 0 11 10 Placer Development 4 13 0 Melbourne Exchange Melbourne industrials wer steady. with a strong market in Barriers Mt. Lyells rose sharply following London satisfaction with the dividend Cox Brothers deferred the proposed ting of shares. splitNational Bank (£5 paid) .. 7 17 6 Ditto (£10 paid) 15 16 0 Bank of Australasia .. . 12 5 0 British Tobacco Coles 5 4 10 11 14 0 0 6 Australian Glass .. .. Dunlop Perdriau .. 1 1 4 Goldsbrough Mort .. .. 1 19 u General Motors .. .. 1 4 3 Hume Pipe .. .. 0 19 6 Electro. Zinc 2 19 0 (pref.) 3 0 0 Mt. Morgan 0 15 3 Mt. Lyell 2 8 9 Cox Brothers (ord.) .... 3 19 6 Emperor 0 16 6 Satupulo 1 19 3 Broken Hill Pty 4 5 6 North Broken 3 17 6 South Brokens .. .. „ 2 12 3