Finance and Commerce

Timaru Herald, Volume CXLIII, Issue 20782, 17 July 1937, Page 6

Finance and Commerce

CHRISTCHURCH STOCK EXCHANGE

YESTERDAY’S QUOTATIONS Special to “ The Timaru Herald " The followiiij quotations were ruling when the Stock Exchange closed for the day:—

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

ENGLISH WHEAT QUOTATIONS United Press Association—By Electric Telegraph—Copyright (Received July 16, 6.30 p.m.) LONDON, July 15. Wheat cargoes are higher. Parcels are dearer. Futures are quoted as follows: London, July 50/01, November 49/81. Liverpool, July 9/101, October 9/6 7-8, December 9/6 1-8. DAIRY PRODUCE IN LONDON United Press Association—By Electric Telecrnnh Cnpvrleht (Received July 16, 6.30 p.m.) LONDON, July 15. The butter market is active, with prices firm. Quotations are: Danish 118/- to 120/-, choicest salted New Zealand 115/- to 116/-, Australian 114/to 115/-, unsalted New Zealand 116/-, Australian 115/-. Cheese is, steady. Quotations are: New Zealand white 72/6, coloured 70/-, Australian white 69/-. coloured 68/-.

STOCKS AND SHARES

NEW ZEALAND STOCK EXCHANGES CHRISTCHURCH Morning Call

AUSTRALIAN STOCK EXCHANGES United Press Association -l J ' ' ■■ rr|. (Received July 16, 9.10 p.m.) SYDNEY, July 16. The Stock Exchange continues to be active with values hardening. Sales:—

Melbourne Exchange There has been heavy trading in G. J. Coles, with some profit taking. Bonds and industrials are fairly quiet Sales: £ a. d.

Buyers. Sellers. £ s. d. £ S. d. N.Z. Govt. Stock— p.c. Inscribed, 15/3/39-43 . . 102 5 0 — 15/9/39-43 . . 102 5 0 — 15/11/38-52 . . 102 0 0 — 15/5/39-52 . . 102 0 0 — 32 p.c. Inscr., 1941 4 p.c. Inscribed, 101 0 0 — 1943-46 .... 104 • > 6 — 1946-49 .... 104 0 0 — 4 per cent. Bonds, 1952-55 .... — 105 0 0 Rural' Bonds, 1947 102 10 0 — Company Debs.— N.Z. Refrig. 4} p.c., 1940-45 .... 103 0 0 104 0 0 Banks— Comm.of Aust. 0 18 4 0 18 5 Comm, of Sydney National of A’asia — 22 0 0 (£5 paid) . . . 7 8 6 —_ New South Wales 35 5 0 35 7 6 New Zealand . . . 2 3 10 2 3 11 P. Mort .... 1 8 0 1 9 0 Union — 10 14 0 Insurance— National 0 18 3 South British . . . 4 17 0 Loan & AgencyCh.Ch. Building . 15 0 0 Dalgety 9 12 6 10 8 6 Goldsbrough, Mort 1 15 0 1 15 4 Mutual Benefit . . N.Z. Guarantee — 14 0 0 Corporation . . 0 4 10 0 5 0 Permant Invest. . — 10 2 6 W. Stephenson . . 1 2 0 — Shipping— Huddart Parker . P. &. O. Dele, . ed - 1 18 5 Stock — 2 0 0 Frozen Meat— Canterbury . . . 9 13 0 Gear N.Z. Refrigerating 0 16 7 0 17 4 (£1 paid) . . . 0 19 6 — (10/- paid) . . 0 9 0 0 9 9 North Canterbury 2 2 0 2 8 0 W oollens— Kaiapoi (17/- pd.) 0 14 4 0 14 6 (7/- paid) . . . 0 5 0 — (pref.) .... 0 17 5 — Mosglel 10 1 0 10 6 0 Oamaru .... — 0 19 6 Coal— Westport 1 3 8 1 4 0 Westport Stockton 0 2 3 0 2 5 Gas— Christchurch . . . 1 7 9 (10/- paid) . . 0 13 6 0 13 9 Breweries— New Zealand . . . 2 10 3 2 10 9 Staples — 2 11 6 M’ cellaneous — Anthony Hordern 0 19 0 0 19 1 Beath and Co. 1 1 6 — (1/- paid) . . . 0 1 1 0 1 9 British Tobacco . 2 9 10 2 10 0 Broken Hill Pty. . 4 4 0 4 4 3 Colonial Sugar . . 47 7 6 47 12 6 Consolidated Brick 0 8 7 0 8 9 Dom. Fertiliser 1 3 6 1 4 3 D.I.C. (10/- paid) — 0 17 0 Dunlop Rubber . . 1 3 7 1 3 9 ilect 'Olytic Zinc (ord.) . . . . 2 17 5 2 17 8 (pref.) .... 2 18 5 2 18 8 ’Ivans Atlas Flour 0 19 0 — G. J. Coles .... 5 10 0 5 10 3 Gen. Industries 1 0 6 1 0 8 Gordon & Gotch . —. 2 14 0 Henry Jones . . . 0 7 0 — Howard Smith . . 1 1 4 1 2 0 Hume Pipe (Aust.) 0 19 11 1 0 0 Kauri Timber . . — 1 3 6 Milburn Lime . . 2 0 0 2 1 6 Millaquin Sugar . — 2 2 0 Morts Dock .... 0 13 4 0 13 9 Macduffs Ltd. (pf.) N.Z.E. Co-op.— 1 5 0 1 5 6 (1st pref.) . . — 3 7 6 N.Z. Newspapers . Procera Bread — 1 17 0 (ord.) . . . . — 1 0 0 Shillings Ltd. . . 0 18 3 1 0 0 Taranaki Oil . . . 0 4 7 0 4 10 Wilcox Mofflin . . 0 13 7 0 13 10 Wilson’s Cement . Woolworths (-I.Z., 1 0 2 1 0 6 (ord.) . . . . 5 0 0 Mining— Alexander . . . 0 14 0 (15/- paid) . . 0 13 9 Argo — 0 2 0 Barrytown . . . . Big River . . . . 1 0 8 1 1 0 1 64 Gillespie’s Beach . 0 1 > 0 1 4 Golden Sands . . 0 1 8 0 2 1 Maerewhenua . . 0 0 0 0 0 0i Martha — 0 16 0 Okarito 0 2 4 0 3 3 Skippers . . . . 0 0 2 0 0 24 Waihi Junction . . 0 2 1! 0 3 2 Waipapa Beach . 0 0 8 Waitahu . . . . .— 0 1 6 Worksop . . . . — 0 1 6 Aust. Mining— Broken Hill South 2 6 9 7 6 Mount Lyell . . . 2 2 1 o 3 Mount Morgan . . 0 11 5 0 11 6 North Broken Hill 3 13 6 3 14 Rawang Tin . . . 0 12 7 0 12 8 W'gton Alluvials . 0 5 3 0 5 9

Buyers. Sellers £ s. d. £ s d Ballins Breweries . 0 12 6 0 15 0 National Tobacco 2 16 2 2 17 0 N.Z. Perp. Forests 2 1 3 Woolworths, Ltd. 6 13 9 6 14 6

Sales on ’Change— £ s. d. 200 Comm. Bank of Aust. (2) 0 18 5 100 Bank of N.Z 2 3 11 300 N.Z. Guarantee Corpn. 0 4 11 100 Staples Brewery (2) . 2 11 6 100 Aust. Iron and Steel (pref.) 1 7 1 50 British Tobacco .. .. 2 9 8 100 Dunlop Rubber .. .. 1 3 7 75 G. J. Coles (cum div. and bonus) (2) .. .. 5 9 0 5 10 0 100 Broken Hill South (2) 2 8 0 150 Mount Lyell (3) .. .. 2 2 5 100 North Broken Hill .. 3 14 3 3 14 2 Sales Reported— 50 Bank of A'asia (late sale 15th) 12 10 0 200 N.Z. Refrig. (10/- pd.) 0 9 1 Unlisted Stocks— 100 Grey River (5/- paid) 0 5 4 Afternoon Call Sales on 'Change— £ s. d. 200 N.Z. Refrig. 10/- pd.) 0 9 1 200 Kaiapoi (17/- pd.) (2) 0 14 4 100 Anthony Hordern .. .. 0 19 0 150 British Tobacco .. ,. 2 9 11 (2) 2 10 0 100 Consolidated Brick 0 8 8 100 Electro. Zinc (pref., c. 18 6 2 18 5 225 G J Coles (5) 5 10 6 100 Hume Pipe (Aust.) 1 0 0 1000 Maerewhenua .. .. .. 0 0 Oi 50 Broken Hill South .. 7 0 300 Mount Morgan (3) .. 0 11 6 Sales Reported— £1260 N.Z Govt. 3J p.c. Inscr. 1953-57 (ex interest) 98 5 0 100 Comm. Bank of Aust. . 0 18 6 200 N.Z. Refrlg. (10/- pd.) 0 9 1 50 Broken Hill Propty. .. 4 4 0 100 Dunlop Rubber .. .. 1 3 7 Unlisted Stocks — 50 Woolworths (Syd., ord. ex div.) 6 13 6 300 Woolwths (Sth. Africa) 0 17 3 AUCKLAND Sales on ’Change— £ s. d. Stock, 15/6/52-55, 4 p.c. .. 104 15 0 Comm. Bank of Aust 0 18 6 National Bank of N.Z 2 0 0 Bank of N Z. (2) . .. .. 9 4 0 0 18 0 Wellington Gas (pref.) .. 1 4 North Steam (paid) (2) .. 0 3 9 Kaiapoi Wool 0 14 0 Dominion Breweries .. .. 2 3 6 • i 16 6 British Tobacco .. .. •. .. 9 9 9 4 3 6 4 3 9 (2) 4 2 0 Colonial Sugar 47 12 6 Gear Meat .. .. .. • • • • 0 16 9 G. J. Coles (2) 5 10 0 K.V.D. Boxes (con.) 0 4 4 1 3 Taranaki Oil 0 4 8 0 4 10 Union Oil (2) 1 7 0 Woolworths (N.Z., pref.) .. 1 19 0 Mount Lyell 2 2 6 Rawang Tin 0 12 75 Unofficial List— Silknit 2 9 0 Woolworths (Syd.) .. 6 14 0 6 14 6 WELLINGTON Sales on ’Change— £ s. d. N.Z. Farmers’ Co-op. 45 p.c. 1945 90 5 0 Maori Bros and Thompson 3 10 8 David Jones 2 3 0 Big River 0 1 ea Mount Morgan 0 11 4 4 p.c. Stock, 1946 104 15 0 Bank of New Zealand (2) 2 3 8 Goldsbrough, Mort (2) .. .. 1 15 3 Wellington Gas (pref.) 1 4 6 Broken Hill Propty 4 3 9 4 4 0 Colonial Sugar 47 10 0 Electrolytic Zinc (pref.) .. 2 18 9 2 18 6 G J Coles (2) 5 11 6 N.Z. Farmers’ Fertiliser .. 1 0 9 Taranaki Oil 0 4 9 Unofficial List— 6 12 6 McKenzie’s Stores 3 19 6 6 14 6 6 13 6 (2) 6 15 0 Woolworths Holdings (Sth. 0 16 6 DUNEDIN Sales on ’Change— £ s. d. Broken Hill South (2) .. .. 8 0 Wright, Stephenson (pref.) 1 1 0 Sales Reported— 4 p.c. Stock, 1946-49 .. .. 104 7 (j 3* p.c. Stock, 1953-57 .. .. 98 5 0 National Bank of N.Z. .. ., 3 1 0 Broken Hill Propty 4 4 0 4 4 3 G. J. Coles (cum div.) .. .. 5 10 3 Broken Hill South (3) .. .. 2 8 0 Mount Morgan 0 11 5 Unlisted Stocks— Woplworths (Syd.) (2) .. .. G 13 6

£ s. d. Union Bank .. 10 12 0 Bank of New Zealand .. 2 5 0 Colonial Sugar .. 48 0 0 Burns Philp 3 13 6 Berlei 2 0 6 British Tobacco 9 10 6 Coles 5 12 0 4 13 0 Dunlop Perdriau .. 1 4 0 Goldsbrough Mort 1 15 6 Winchcombe Carson .. 1 14 6 Wilcox Mofflin .. 0 13 11 W. H. Soul .. 4 10 0 Sargents 1 13 9 Gordon and Gotch ,. .. .. 2 14 0 Malleys 1 3 0 Newbold .. 1 16 3 Warburton Frank! .. .. .. 1 3 3 Felt and Textiles .. .. .. 2 0 3 Bankers and Traders .. 1 11 2 Finney Isles 1 11 6 Wool worths .. 6 14 0 Woolworths (N.Z.) .. .. 5 10 0 Selfridges 1 6 0 1 9 0 Electro. Zinc .. 2 18 9 Amalgamated Textiles .. .. 0 5 6 Mt. Morgan 0 11 8 Mt. Lyell .. 2 2 9 Kuala Kampar .. 1 3 0 Rawang Tin 0 13 0 Larut .. 0 19 3 Placer Development .. 4 1 0 (N.Z. delivery) .. .. .. 4 1 0

National Bank (£5 paid) .. British Tobacco 7 11 2 10 0 0 Carlton Brewery 3 7 6 G. J. Coles 5 11 0 Drug Houses 1 16 3 Australian Iron & Steel (pt.) 1 7 9 Dunlop Perdriau 1 4 0 Goldsbrough 1 15 Silverton Trains 1 16 9 Cox Bros 0 19 9 Electro. Zinc (pref.) .. .. 2 19 0 Victoria Nyanza 0 18 3 Mount Morgan 0 11 8 Broken Hill Pty 4 5 0 North Broken Hill 3 15 3 Mt. Lyell 4 2 6 Emperor 0 14 6 Loloma o m 7