Finance and Commerce

Timaru Herald, Volume CXLV, Issue 21210, 3 December 1938, Page 7

Finance and Commerce

CHRISTCHURCH STOCK | EXCHANGE YESTERDAY’S QUOTATIONS Special to "The Timaru Herald.” CHRISTCHURCH, December 2. The following quotations were ruling when the Stock Exchange closed for

PRICE OF GOLD Onlted Press association —By Electric Telegraph—Copyright (Received December 2, 6.30 p.m.) LONDON, December 1. Gold is quoted at £7 8s 61 a fine ounce. PRICE OF SILVER British Official Wireless (Received December 2, 6.30 p.m.) RUGBY, December 1. The price of silver is spot 20 l-16d, forward 19 5-16 d per ounce. FOREIGN EXCHANGES British Official Wireless (Received December 2, 6.30 p.m.) RUGBY, December 1. Latest foreign exchange quotations are: Dollar 4.67 7-8 to the £, franc 178 13-64 to the £. EXCHANGE RATES United Tress Association—By Electric Telegraph—Copyright (Received December 2, 6.30 p.m.) LONDON, December 1. Closing rates on London:—United States dollar, 4.68; French franc, 1781; Java florin, 8.60; Polish zloty, 24.84.

STOCKS AND SHARES NEW ZEALAND STOCK EXCHANGES YESTERDAY’S QUOTATIONS CHRISTCHURCH Morning Call

AUSTRALIAN STOCK EXCHANGES Onlted Press Association—By Electric Telegraph—Copyright (Received December 2, 9.25 p.m.) SYDNEY, December 2. Medium priced industrials received better support on the exchange to-day, but the accounts of British Tobacco Company failed to stimulate share

WOOLWORTHS PROPERTIES Woolworths Properties Ltd. announce an Interim dividend at the rate of 6 per cent per annum for the half year ended December 31, payable January 5. The dividend is calculated on the basis of 10/- paid up for four months and paid up to £1 for two months.

the day:— Buyers. Sellers. £ s. d. £ s. d. N.Z. Govt. Debs.— 3* per cent.. Inscr. i5/3/40-43 . . —— 98 0 0 15/9/40-43 . • — 98 0 0 4 per cent., Inscr. 1943-46 .... 98 5 0 98 15 0 1946-49 .... — 98 12 6 4 per cent. Bonds, 1943-46 .... 98 15 0 — 1952-55 .... 98 15 0 — Rural Bonds, 1947 — 00 0 0 Company Debs.— Christchurch City, 31/3/40 .... 00 0 0 101 10 0 Banks— Comm, of Aust. . 0 15 11 0 16 0 National of N.Z. . 2 6 9 2 8 0 New Zealand . . . 2 0 9 2 0 10 (D. Mort.) . . . 15 9 — Insurance— National — 0 15 9 New Zealand . . . 2 11 3 2 12 0 South British (10/paid) 2 2 0 2 3 0 Standard 2 11 2 2 118 Loan and AgencyDalgety 7 7 0 — Goldsbrough Mort. 1 7 7 18 1 Wright. Stephenson 0 18 6 — S. Island Finance — 0 8 9 Frozen Meat— Canterbury (pref.) . — 6 9 6 N.Z. Refrigerating (£1 paid) . . . 0 17 3 — (10/- paid) . . 0 7 8 0 8 >0 Gear ...... — 0 14 6 Woollens — Bruce 0 5 9 — Felt and Textiles 1 11 0 1 11 9 Kaiapoi (17/- pd.) O’ 7 9 0 8 6 (pref.) .... 0 12 9 — Coal — Grey Valley .... 0 5 6 0 8 0 Westport Stockton 0 3 6 0 4 6 (pref.) .... 0 6 5 0 6 11 Gas—— Christchurch . . . 14 0 15 9 Breweries — Dominion .... — 1 18 2 New Zealand . . 1 18 7 1 18 9 Tooths 2 13 0 2 14 0 Miscellaneous — Alloy Steel (Aust.) — 0 9 0 Anthony Hordern . — 0 15 0 Aust. Glass .... 4 19 6 5 10 Berlei (N.Z.) . . • — 3 10 0 British Tobacco . 2 6 10 2 7 5 Broken Hill Pty. . 2 15 8 2 15 11 (cont.) .... — 2 3 9 Colonial Sugar . . 46 7 6 46 17 6 Dom. Fertiliser . . 13 0 — D.I.C. (10/- paid) 0 13 6 — (pref.) .... — 13 1 Dunlop Rubber . . 10 3 10 5 Electrolytic Zinc (ord.) 2 5 0 2 5 6 (pref.) .... 2 8 0 2 8 8 G. J. Coles .... 3 18 6 3 18 10 Hay’s, Ltd — 0 17 0 Hume Pipe (Aust.) 0 19 2 0 19 5 I.C.I. Aust, and N.Z. (pref.) . . 1 2 6 13 0 Milburn Lime . . — 1 14 0 Macduffs, Ltd. . . 0 17 0 3 3 McKenzie's, Ltd. . — 2 16 0 National Electric . — 0 14 3 N.Z.F. Co-op.— “B” pref. . . . — 1 15 0 (45 p.c. Stock, 1950) — 89 17 6 N.Z. Newspapers . 1 10 9 —— Taranaki Oil . . . 0 11 3 0 11 7 United Provisions 0 6 6 0 6 11 Whitcombe and Tombs — 3 10 Wilcox Mofflin . . 0 6 1 0 6 9 Wilson’s Cement . 0 15 6 0 17 0 Woolworth’s, Ltd. (ord.) 1 0 10 1 0 11 (pref.) 19 0 — Wool worth’s (N.Z.) (ord.) — 0 19 6 W. R. Carpenter . — 2 5 0 Aust. Mining— Broken Hill South 18 6 18 8 Mount Lyell . . . 1 8 6 18 8 Mount Morgan . . 0 9 5 0 9 8 North Broken Hill 2 7 10 2 8 6 Rawang Tin . . . 0 7 11 0 8 2 W’gton Alluvials . — 0 5 0 Mining— Alexander .... — 0 15 0 (15/- paid) . . — 0 9 6 Argo — 0 2 0 (cont.) . . . . 0 1 4 0 1 8 Blackwater .... 0 17 0 — Gillespie’s Beach . — 0 0 11 Golden Sands . . . — 0 16 Grey River .... — 0 14 6 Goldfields — 0 0 4 Maori Gully . . . 0 0 7 0 0 8 Nemona 0 0 4 0 0 11 New River . . . . 0 0 8i 0 0 10 Okarito — 0 2 3 Skippers — 0 0 01 Waihi — 0 9 6 Worksop — 0 10 Unofficial List— Ballins Breweries . 0 10 4 0 10 6 Blackball Creek 0 0 10 0 1 21 Kanieri 1 5 6 — Wool worth Prop. . 1 5 6 —

Sales on ’Change100 Comm. Bank of Aust. £ s. d. 0 15 11 100 Bank of N.Z. (cum div.) 2 0 9 600 Taranaki Oilfields (6).. 0 12 6 220 Woolworths (Syd., ord.) (2) 1 0 10 50 Mount Lyell (cum div.) 1 8 8 Sales Reported— 200 Bank of New Zealand (Mort, shares), (c.d.) .. 16 0 Afternoon Call Sales on Change— £ s. d. £200 N.Z. Govt. 4 per cent. Inscr., 1955 98 15 0 50 Bank of New Zealand (cum div.) 2 0 9 100 Dunlop Rubber 10 4 100 Macduffs (pref.) .. .. 0 3 0 100 Taranaki Oilfields 0 11 7 50 Broken Hill South (cum div.) 18 8 Sales Reported— £505 N.Z. Govt. 4 per cent. Inscr., 1949-52 97 2 6 £400 N.Z. Govt. 4 per cent. Inscr., 1946 98 10 0 200 Bank of New Zealand (cum div.) .. 2 0 9 5 Colonial Sugar 46 10 0 Sales Reported, Unlisted Stocks — 500 Woolworths Properties (cum div.) (3) 15 6 AUCKLAND Sales on ’Change— £ s. d. Stock 15/2/43-46 3 J per cent 98 10 0 Do. 15/3/39-43 31 per cent. 97 12 6 Do. 15/5/49-52 4 per cent. (2) 97 0 0 City of Auckland 1/1/44 per cent 100 10 0 Bank of New Zealand (2) 2 0 10 2 0 91 2 0 9 Devonport Ferry .. 1 0 9 N.Z. Breweries 1 18 9 Broken Hill Ppty 2 16 0 Aust. Alloys Steel 0 8 0 0 7 5 13 6 Henry Jones 2 8 9 Macduffs (ord) 0 4 0 Taranaki Oil 0 12 0' Woolworths (N.Z.) 0 18 10* 1 0 10 North Kargorlie 13 0 Unofficial List— Woolworths Properties (pref.) 15 6 WELLINGTON Sales on ’Change— £ s. d. Aust. Consol Stock 15/11/41 4 per cent 100 12 6 100 13 9 N.Z. Breweries 1 18 9 Mount Lyell 19 0 Stock 1946 4 per cent. .. 98 10 0 Stock 1949 4 per cent. (4) .. 98 5 0 Stock 1955 4 per cent 98 5 0 Bank of New Zealand (2).. 2 0 6 2 0 8 Ditto (D. long term) 1 6 0 Australian Glass (£5) .. .. 2 16 3 (2) 2 16 0 (2) 2 16 1 Felt and Textiles 1 11 3 Macduffs (ord.) 0 4 0 Taranaki Oil .. 0 12 6 Wilson’s Cement 0 16 0 Woolworths (N.Z.) 0 18 9 G. J. Coles 3 19 0 Woolworths (Syd.) (5) .. 1 0 10 Unofficial List— Woolworths Properties (3) 1 5 6 Selfridges (A’sia) Ltd 0 11 0 DUNEDIN Sales Reported— Crystal Ice 1 17 0 Sales Reported— N.Z. Drug (4) 3 5 0

values. Sales.— Bank of N.S.W £ s. d. 29 13 0 Associated News 1 1 6 (pref.) 1 3 0 British Tobacco 2 7 3 Tooths 2 13 9 Tooheys 1 10 3 Australian Glass 5 1 0 Dunlop Perdriau 1 0 6 Stedmans 0 11 11 Morts Dock .. 0 12 0 Cash Orders 0 15 6 Felt and Textiles 1 11 9 Peters 2 12 0 A. H. Soul 4 9 0 Dalgety’s London Dely. 7 11 0 Wilcox Mofflin 0 6 6 Henry Jones 2 8 9 W. Adams 0 15 3 Woolworth 1 0 101 Bulolo Gold 6 5 0 Rawang 0 7 10 Austral (N.Z.) 1 2 3 Loloma 1 2 0 Taranaki 0 11 4 Melbourne Exchange Investments are quiet with few alterations. Lolomas are weaker. There is lack of interest in oil prospecting companies. Sales.— £ s. d. Comm. Bank of Aust. .. .. 0 16 0 British Tobacco 2 7 6 Cox Bros 0 11 3 G. J. Coles 3 18 6 Australian Glass 5 0 0 Dunlop Perdriau 1 0 5 Imperial Chemicals (pf.) .. 1 2 11 Electro Zinc 2 8 6 Broken Hill Pty 2 16 3 North Broken Hill 2 8 6 Broken Hill South .. .. 1 8 9 Zinc Corporation .. .. .. 4 15 6 Emperor 0 9 11 Loloma 1 2 11