Finance and Commerce

Timaru Herald, Volume CXLIII, Issue 20784, 20 July 1937, Page 14

Finance and Commerce

I CHRISTCHURCH STOCK EXCHANGE I YESTERDAY’S QUOTATIONS Special to " The Timaru Herald ” CHRISTCHURCH, July 19. The followiii.. quotations were ruling when the Stock Exchange closed for the day:— Buyers. Sellers.

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

THE EXCHANGES Britisb Otllrtai W.«ele«* RUGBY, July 17. Foreign Exchange quotations - Dollar 4.97 1-16 to the pound: franc 132 to the pound.

STOCKS AM) SHARES NEW ZEALAND STOCK EXCHANGES CHRISTCHURCH

United Press Association—Bv Electric Telecraph—Copvrlaht (Received July 19, 8.20 p.m.) SYDNEY, July 19. Brisk trading and a strong market were the chief features of the Stock Exchange to-day. Coles and HenryJones made further headway, while tin

Melbourne Exchange The market opened quiet. Coles rose on a good demand. Barriers and Mt. Lyells were steady, and pastorals generally better. Gold shares were inactive. Sales: —

£ N.Z. Govt. Stock— s. d £ s. d. 35 p.c. Inscribed, 15/3/39-43 . . . 102 0 0 — 3i p.c. Inscribed 15/9/39-43 . . . 102 0 0 — 4 p.c. Inscribed, 1943-46 . . . . 104 0 0 — 1952-55 .... — 105 0 0 4 per cent. Bonds, 1943-46 . . . . 104 5 0 — 1952-55 .... — 104 15 0 Rural Bonds, 5 p.c., 15/9/47 . 102 10 0 — Municipal Debs.— Christchurch City, 4} p.C., 1946 . . 103 0 0 105 0 0 Heathcote, 44 p.c., 30, 6/ 49 .... — 104 15 0 Company Debs.— N.Z. Refrig. 41 p.c., 1940-45 103 2 6 104 0 0 Banks— Comm, of Aust. . 0 18 5 0 18 6 (pref.) .... — 9 10 6 Comm, of Sydney . — 21 17 6 E„ S. and A. . . . 5 14 6 — National of A’asia. (£10 paid) . . . 14 19 0 15 z 0 (£5 paid) . . . 7 9 (5 7 10 6 New South Wales 34 15 0 35 5 0 New Zealand . . . 3 9 o 4 0 Union — 10 12 6 Insurance— National — 0 18 0 Loan & AgencyDalgety 9 12 6 10 2 6 Goldsbrough Mort. 1 15 8 1 15 11 Mutual Benefit . . — 14 0 0 N.Z. Guarantee Corporation . . 0 4 11 0 5 0 W. Stephenson . . 1 2 1 — Shipping— Huddart Parker . — 1 18 6 P. & O. Deferred Stock — 2 0 0 Frozen Meat— N.Z. Refrigerating (£1 paid) . . . 0 19 4 1 0 0 (10/- paid) . . 0 9 0 0 9 1 Gear — 0 18 0 Woollens — Kaiapoi (pref.) — 0 18 0 Manawatu . . . — 1 12 0 Mosgiel 10 0 — Oamaru — 0 19 0 Coal— Westport .... — 1 4 0 Westport Stockton 0 z 0 2 4 (pref.) .... 0 4 1 -- Gas— Auckland ... 1 1 6 1 1 10 Christchurch (10 - paid) 0 13 3 0 13 9 Napier (cont.) . . — 10 5 0 Breweries— New Zealand . . z 10 3 .. 10 9 Tooths •• 14 11 J 15 3 Sunshine (cont.) . 0 3 0 — Miscellaneous — Anthony Hordern 0 19 0 0 19 1 Aust. Glass . . . 4 11 3 4 12 6 Aust. Iron & Steel (pref.) .... — 1 7 o Beath and Co. (1/paid) 0 1 :; — British Tobacco . z 9 0 2 10 0 Broken Hill Pty. . 4 4 2 4 4 3 Bums, Philp . . . — 3 13 0

Consolidated Brick 0 8 6 0 8 10 Dom. Fertiliser . . 1 4 1 1 4 6 Dunlop Rubber . . 1 3 7 1 3 8 Electrolytic Zinc (ord.) •> 18 6 2 18 7 (pref.) .... 2 19 0 2 19 2 Evans Atlas Flour 0 19 0 — G. J. Coles .... 5 11 3 5 11 6 Gen. Industries — 1 0 9 Howard Smith . . 1 1 6 1 9 Hume Pipe (Aust.) 1 0 3 1 0 4 Leyland — 1 0 0 Morts Dock . . . 0 13 5 0 13 9 Macduffs Ltd. (pf.) 1 4 9 1 5 9 Myers 1 17 0 — N.Z.F. Co-op. (1st pref.) 3 5 6 — (“B” pref.) . . — 2 1 0 (4 J p.c. stock. 1940’ .... 90 0 0 — N.Z Newsnaners . 15 9 1 16 9 Shillings, Ltd. . . 0 18 0 — Taranaki Oil . . 0 4 8 0 4 11 United Prov. . . — 0 9 11 Wilcox Mofflin . . 0 13 8 0 13 10 Woolworths (N.Z.) (ord.) . i 3 6 —— Woolworths (Syd.) (pref.) .... 1 8 0 1 9 0 Woolworths Ltd. . 4 4 0 — Mining— Alexander . . . 0 12 6 0 14 6 (15/- paid) . . — 0 13 6 Argo 0 1 8 0 2 0 Barrytown .... 1 10 0 — Big River .... 0 1 4 0 1 7 Gillespie’s Beach . 0 1 :r 0 1 4i Golden Sands . . 0 1 8 0 A *> Martha 0 15 1* 0 15 6 Maori Gully . . . — 0 0 5 Nokomai •— 0 2 Okarito 0 0 — Skippers 0 0 2 0 0 2" Waihi Junction — 0 3 3 Waimumu .... — 0 0 Waipapa Beach . 0 0 8 0 0 10* Waitahu — 0 1 6 Worksop Extended — 0 1 6 Aust. Mining— Broken Hill South 2 8 1 2 8 6 Mount Lyell . . . 2 2 5 2 2 7 Mount Morgan . . 0 11 61 0 11 7 North Broken Hill 3 14 6 3 15 10 Rawang Tin . . . 0 12 81 0 12 9 W’gton. Alluvials . 0 5 1 0 9 Unlisted Stock';

List. Buyers. Sellers £ s. d. £ s. d Assoc. Motorists Petrol <pf.) . • 1 9 3 1 9 8 Ballins Breweries . 0 13 3 0 15 0 McKenzies Ltd. . . 3 19 6 4 2 6 National Tobacco 2 16 0 — N.Z. Perp. Forests 2 3 0 2 4 0 Ngahire — 0 6 6 Woolworths Ltd. . 6 13 9 6 14 9

Morning Call Sales on ’Change— £ s d 100 Comm. Bank of Aust. .. 0 18 5 5 Bank of N.S.W 35 2 6 100 Goldsbrough, Mort 1 15 6 200 N.Z. Refrig. (10 - pd.) <2) 0 9 1 50 Electro. Zinc (pref., c. div.) 2 19 0 50 G. J. Coles 5 10 0 10 Woolworths (N.Z. rights 4 4 0 4 5 0 50 Mount Lyell 2 2 4 50 Mount Morgan 0 11 6 Sales Reported— 50 Electro. Zinc (pref., c. div.) late sale Saturday 2 19 3 Unlisted Stocks— 200 Woolworths (S. Africa) (2) 0 17 0 Afternoon Call Sales on ’Change— d. 300 Comm. Bank of Aust. <3 0 It 100 British Tobacco ,2 11 50 Broken Hill Proptv. 4 4 3 100 Electro. Zinc ord., c. div.' 2 18 6 100 Electro. Zinc <pref., c. div.) 12) 2 19 1 50 G. J. Coles (4) 5 11 0 200 Hume Pipe (Aust.) .. .. 1 0 3 200 Mount Morgan (2) 0 11 7 AUCKLAND Saks on ’Change— £ s. d. Stock, 15 4 46-49. 4 p.c. .. 104 5 0 Comm. Bank of Aust 0 18 61 National Bank of N.Z 3 0 0 Bank of New Zealand .. .. 2 3 9 N.Z. Insurance 3 5 9 South British 4 17 3 Dominion Investment and Banking 0 17 6 Westport-Stockton 0 2 3 Devonport Ferry 1 0 0 Domn. Breweries 2 3 9 2 4 0 N.Z. Breweries (2) 2 10 6 British Tobacco 2 10 0 Broken Hill Ptv 4 4 0 Electrolvtic Zinc 2 18 0 2 18 3 G. J. Coles 5 11 0 Farmers’ Fertiliser 1 1 0 Radio (1936), Ltd 1 4 6 Taranaki Oil 0 4 9 Woolworths <N.Z.), rights .. 4 5 0 Waihi Junction 0 3 0 Mount Morgan 0 11 9 Mount Lyell 2 2 6 Unofficial List— Silknit ’ 2 9 0 WELLINGTON Sales on ’Change— £ s. d. Bank of New Zealand (2) .. 2 3 9 N.Z. Guarantee Corpn. (2) 0 4 11 N.Z. Loan and Merc 45 0 0 Dominion Breweries .. .. 2 3 9 Stock, 4 p.c., 1946 104 7 6 Bonds, 1946, 4 p.c 104 7 6 Bonds, 1949, 4 p.c 104 5 0 Gear Meat 0 17 0 British Tobacco (2) .. 2 10 0 Broken Hill Propty <3) .. 4 4 3 G. J. Coles (2) 5 9 9 5 10 6 Wilson's Cement 1 0 3 Unofficial List— McKenzie's Stores 4 0 0 DUNEDIN Sales on Change— £ s. -1. Taranaki Oil 0 4 9 Bank of New Zealand .. .. 2 4 0 Sales Reported— National Bank 3 0 3 3 0 6 Bank of New Zealand (2) .. 2 4 0 Stock, 1943-46, 4 p.c 104 5 0 G. J. Coles 5 11 6 Electrolytic Zinc (ord.) 2 13 3 Unofficial List— McKenzie’s Stores 4 0 0 AUSTRALIAN STOCK EXCHANGES

stocks were again in demand. Sales:— £ s. d. Bank of New South Wales 35 10 0 Comm. Banking of ; Sydney 22 2 6 National Bank <£10 paid) 15 4 0 Bank of Adelaide .. .... 6 9 0 Bank of Australasia .. .. 12 10 0 1 3 0 i pref.) . .. 1 4 0 Burns Philp . .. 3 13 0 Australian Gas <A) . 7 11 6 o 16 0 Carlton Brewerv 3 -7 6 .... 5 13 6 Australian Glass .. .... 4 13 0 Dunlop Perdriau .... 1 4 0 Winchcombe Carson .... 1 14 9 (rights) .... o 12 6 Henrv Jones 2 9 6 < N Z delivery) ., o 9 6 9 19 (j (pref.) , 3 0 0 W. R. Carpenter .. . • •. 4 0 3 1 i 0 Cement Mortars .... o 11 9 Australasian Paper . 1 12 4: Woolworths (S. Africa) .. 0 17 0 Selfridges . .. .. 1 9 0 Mt. Morgan .. .. o 11 10 Mount Lyell .. .. 2 3 0 Kuala Kampar .. .. .. .. 1 2 6 Rawang Tin 0 12 11 Placer Development . 4 1 0 Emperor .. .. 0 14 0 Tcnkah Compound .... 1 7 9

£ s. d. Comm. Bank of Australia . 0 18 9 National Bank (£5 paid? .. 7 11 0 Howard Smith 1 1 9 Coles 5 13 6 Aust. Iron & Steel (pref.) 1 7 9 Dunlop Perdriau 1 4 0 Goldsbrough Mort 1 16 3 Hume Pipe 1 0 6 Electrolytic Zinc (pref.) .. 3 0 3 1 1 9 Felt and Textiles 1 19 10’ Mount Morgrn 0 11 8 Mount Lyell 2 3 0 Broken Hill T'.y 4 5 9 North Broken Hill 3 16 3 South Broken Hill 2 8 9 Tonkah Harl our 1 3 6 Emperor 0 14 5 Loloma 0 19 8