STOCKS AND SHARES

Timaru Herald, Volume CXLIII, Issue 20731, 19 May 1937, Page 16

STOCKS AND SHARES

CHRISTCHURCH STOCK EXCHANGE

AUSTRALIAN STOCK EXCHANGES United Press Association —By Electric Telegraph—Copyright (Received May 18, 8.25 p.m.) SYDNEY, May 18. On the Stock Exchange banking shares, assisted by the National Bank's disclosure of increased profits, were somewhat firmer. Moving picture interests were better and Anthony Horderns advanced a shade. Tooths were traded in actively being marked down on an ex-dividend basis.

Melbouren Exchange. The market was quiet awaiting a definite lead from overseas. Bonds continue the strongest section. Sales:—

A PROFIT OF £80,005 A net profit of £80,005/19/- was made by McKenizes Department Stores, Ltd., in the year ended March 31, 1937, which, together with balance brought forward from 1936, gives a total of £126,037/7/8 available for distribution. The directors’ report recommends a dividend of 174 per cent on the paid-up capital, which at present stands at £400,000. This dividend, which will be payable on June 8, will absorb £70,000, leaving £56,037/7/8 to carry forward to the next trading period. The company now operates 26 stores throughout New Zealand. Of these, five stores have been opened during the year under review, and the full benefit of the trading of these new stores should be reflected in next year’s accounts.

Morning Call Sales on ’Change— £ s. d. 500 Westport Stockton Coal 0 3 0 0 2 11 100 Aust. Glass (2) .. .. 4 12 6 100 Dunlop Rubber .. .. 1 0 9 200 Taranaki Oilfields (2) 0 4 9 1000 Goldfields Dredging .. 0 0 1 600 Maori Gully (2) .. .. 0 0 51 50 Mount Lyell (c. div.) . 2 5 10 50 Mount Morgan 0 14 1 Sales Reported— 500 Mossy Creek 0 0 11 500 N.Z. Govt. 4 p.c. Bonds. 1946 (late sale 17th) .. 103 10 0 200 Ch’Ch. Trains, 4) p.c., 1/8, 1959 104 0 0 Afternoon Call Sales on ’Change— £ s. d. 380 Kaiapoi (pref.) .. .. 0 17 0 350 N.Z. Breweries (c.d.) (4) 3 0 0 75 G. J. Coles 5 7 6 5 7 3 5 7 0 600 Goldfields Dredging . 0 0 1 1000 Skippers (2) 0 0 2\ 50 Mount Morgan .. .. 0 13 8 Sales Reported— 100 Comm. Bank of Aust. 0 19 1 Unlisted Stocks— 400 Alloy Steel (Aust.) (4> 0 19 6 AUCKLAND Sales on ’Change— £ s. d. Stock, 15/4 46-49. 4 p.c. .. 103 5 0 Stock, 15/6/52-55. 4 p.c. .. 104 10 0 Comm. Bank of Aust 0 19 2 Bank of N.S.W 37 12 0 Bank of New Zealand .. .. 2 3 9 Union Bank 11 4 3 South British 4 14 0 Auckland Gas 1 1 0 Yarra Falls 2 1 6 Australian Glass 4 12 9 British Tobacco 2 9 6 Wilson’s Cement 1 12 6 Unofficial List— Woolworths (Syd.) 7 9 0 WELLINGTON Sales on ’Change— £ s. d. Bank of New Zealand .. .. 2 3 10 Broken Hill Pty. (2) .. .. 4 2 0 Bonds, 1949. 4 p.c 103 0 0 Stock, 1953-57, 3J p.c 99 2 6 Union Bank 11 3 6 Auckland Gas 1 0 11 British Tobacco (pref.) .. 1 11 9 Unofficial List— Wool worths (Syd.) 7 10 0 7 9 0 Assoc. Motorists Petrol (pf.) 1 10 6 DVNEDIN Sales on ’Change— £ s. d. Staples Brewery 2 0 0 McLeod Bros 32 10 0 N.Z. Farmers’ Corpn. Stock, 4i p.c., 1945 91 0 0 3* p.c. Stock (Sept.) 1941-43 100 5 0

Morning Sales. £ s. d. Bonds, 1949, 33 p.c , 94 10 0 1938, 4 p.c 102 11 3 1941, 4 p.c 101 10 0 Commercial Bank of Sydney 22 5 0 Commercial Bank of Aust. 0 19 3 Anthony Hordern 1 0 45 G. J. Coles 5 9 0 Broken Hill Proprietary .. 4 2 3 new 3 16 0 General Industries 0 19 10: Afternoon Sales. Colonial Sugar 46 0 0 Commercial Bank of Sydney 22 2 6 Union Bank 11 7 0 Australian Gas (A) 7 5 0 fB) 7 6 0 British Tobacco 2 9 9 2 15 9 Tooheys 1 13 3 G. J. Coles 5 9 6 Australian Glass 4 12 6 Greater J. D. Williams .. .. 0 7 5 Spencers 0 5 3 Anthony Hordern 1 0 -1 : (pref.) 1 3 3 Mount Lyell -i 5 9 Bulolo Deposits 0 1 4 Kuala Kampar 1 3 Yarra Falls 1 u

£ s. d. Commercial Bank of Aust. 0 19 4 National Bank (£5 paid) .. 7 14 0 Howard Smith 1 2 0 Carlton Brewery 2 10 0 Drug Houses Australian Iron and Steel 1 6 9 (pref.) 1 6 9 Dunlop Perdriau (ord.) 1 1 2 (pref.) 2 18 0 Victoria Nyanza Sugar .. .. 0 0 Mount Morgan 0 13 7 North Broken Hill 3 12 3 Broken Hill South 2 9 0 Emperor 0 16 8 0 19 9 Australian Paper (rights) .. 0 1 11 Melbourne Electric Stock .. 0 17 3