Finance and Commerce

Timaru Herald, Volume CXLV, Issue 21308, 30 March 1939, Page 14

Finance and Commerce

CHRISTCHURCH STOCK EXCHANGE YESTERDAY’S QUOTATIONS Special to " The Timaru Herald." CHRISTCHURCH, March 29. The following quotations were ruling when the Stock Exchange closed for the day:—

STOCK EXCHANGES United Press Association —B’ Electric Telegraph—Copyright LONDON, March 28. Stock exchange quotations are: Collar 4.68 5-16 to the pound; franc 176 13-16 to the pound; guilder 8801 to the pound. THE PRICE OF GOLD United Press Association —By Electric Telegraph —Copyright LONDON, March 28. The current price of gold is 148/55 per fine ounce.

Various means of recognising the services of Mr William Wallace to hospital work in Auckland and New Zealand were adopted by the Auckland Hospital Board. They include the presentation of a plaque and a cheque, to be made at an executive meeting of the Hospital Boards’ Association in Wellington, and it was proposed that the Prime Minister (the Rt. Hon. M. J. Savage) be asked to make the presentation. It was also decided that a raised plaque, showing the head and shoulders of Mr Wallace, should be made and placed in the Wallace block at the Auckland Hospital until it could be placed permanently in the assembly hall of the proposed new buildings. An appropriate tablet recording his work for the board, the Hospital Boards' Association. and the Nurses and Midwives Registration Board was also agreed on for placing below the plaque.

STOCKS AND SHARES YESTERDAY'S QUOTATIONS CHRISTCHURCH Morning Call

AUSTRALIAN STOCK EXCHANGES Uolteo Press Association —By c.>r«tiic Telegraph—Copyright (Received March 29, 9.35 p.m.i SYDNEY, March 29. The share market was fairly steady with improved trading. Some leading industrials were slightly higher, but prices in the mining group were tending easier. Sales were:— I s d. Bank of New South Wales 28 16 0 National Bank (£5 paid) .. 6 6 0 Colonial Sugar 46 0 0

N.Z. Govt. Debs.— Buvers. Sellers. C. s. d. £ s. d. per cent. laser. 15 1 53-57 . . . 91 5 0 — 3;,' per cent. Inscr., 1941 99 2 6 — 4 per cent. Bonds, 1943-46 .. .. 98 0 0 99 0 0 1052-55 99 0 0 99 5 0 4 per cent Bonds. 1943-46 98 15 0 — 1946-49 99 10 0 — 1952-55 99 2 6 Rural Bonds, 1947 101 0 0 Banks— Comm, of Aust. .. 0 15 10 0 16 0 Comm, of Sydney 20 0 0 — National of N.Z. . o 6 6 — New South Wales . 29 10 0 30 0 0 New Zealand .. .. — 1 19 0 Insurance— National — 0 15 9 South British <10 - paid) - 4 0 — Loan & Agency— Dalgety — 7 3 0 United Building . 1 0 6 1 1 3 Shipping— Huddart Parker .. 2 12 9 — Frozen Meat— Canterbury .... — 10 0 0 (pref.) 5 15 0 5 17 6 N.Z. Refrigerating (£1 paid) .. .. — 0 15 3 (10/- paid) ... 0 6 4 0 6 7 Nth. Canterbury (pref) .. .. .. 0 5 6 Southland .. .... 1 8 0 Woollens— Felt & Textiles .. 1 12 9 — Kaiapoi (17/- pd) 0 9 11 0 11 6 Manawatu —— 0 15 6 Timaru . • • . * . • 0 12 6 Coal— Westport-Stockton 0 3 6 0 3 11 (pref.) 0 6 10 0 7 3 Gas— Auckland 0 16 0 0 17 0 Christchurch .. .. 1 2 7 1 3 3 Breweries— Ballins 0 9 1 0 11 0 New Zealand .. .. 1 17 9 1 18 0 Tooths 2 14 0 2 16 9 Timaru 0 0 9 0 1 1 Miscellaneous— Anthony Hordern. 0 14 3 — Aust. Glass . . . 1 10 2 1 13 0 Beath and Co. 0 15 3 0 16 0 Booth, Macdonald (pref.) — 0 3 0 British Tobacco 0 9 5 2 9 9 Broken Hill Pty. . 2 18 7 20 8 11 Burns. Philp .. .. o 13 6 — Claude Neon .. .. 0 6 0 — Colonial Sugar .. 48 2 6 48 17 6 Donaghys 2 3 3 2 6 6 Dom. Fertiliser .. I 2 9 1 4 0 Dunlop Rubber .. 1 1 5 1 1 8 Electro. Zinc (ord) 2 6 0 2 7 0 (pref.) 2 9 9 2 10 0 Evans Atlas Flour 1 0 6 — G. J. Coles — 3 19 0 General Industries 0 18 9 0 19 3 Hay's Ltd 0 15 6 0 19 3 Henry Jones .. .. o 9 10 — Hume Pipe (Aust.) 0 19 10 1 0 3 I.C.I. Aust. & N.Z. (pref.) 1 3 9 — Kauri Timber 1 3 4 1 3 9 Herald and Times 3 3 0 — M.K. Manufactur. 0 4 10 0 6 1 Milburn Lime .. .. — 1 13 S Morris Hedstrom . 0 14 7 — Morts Dock .. .. — 0 5 0 N.Z.F. Co-op.— (1st pref.) .. .. 9 10 0 2 16 0 “A” pref 1 0 0 1 7 6 N.Z. Paper Mills . — 1 5 0 Taranaki Oil .. .. — 0 9 2 W’worths Ltd. (ord.) 1 2 0 1 3 0 (pref.) 2 1 0 2 5 0 (N.Z.) ord 0 17 4 0 17 5 (N.Z.) pref. — 1 18 0 W. R. Carpenter.. 2 2 0 — Overseas ListingsWoolworths (South Africa) 0 14 6 0 15 0 Aust. Mining— Broken Hill South 1 6 9 1 7 3 Mount Lvell .. .. 1 16 0 1 17 3 Mount Morgan .. 0 10 10 0 10 11 (pref.) 1 1 0 — North Broken Hill 2 4 9 2 7 0 Mining— Alexander (15 - paid) 0 3 0 0 10 0 Argo 0 1 9 Barrytown 0 10 0 0 17 10 Big River — 0 1 0 Golfen Sands 0 1 0 0 1 4 Grey River 0 18 2 0 18 4 Kanieri 1 15 1 — Maori Gully .. .. 0 0 7 0 0 8 New River 0 0 3 — Waitahn — 0 1 0 Worksop 0 0 10 0 0 11

Sales on ’C hange 300 Comm. Bank of Aust. <3> £ 0 s. d. 16 o 100 N.Z. Refrig <10 - pd.).. 0 6 6 100 British Tobacco (cum div) 2 9 6 5 Colonial Sugar 48 10 0 Sales Reported— 50 McKenzies Ltd. (late sale yesterday) 2 0 9 Afternoon Call Sales on ’Change— £ s. d 400 Woolworths < Svdnev ord), (3) 1 3 0 100 Woolworths 'N.Z.) .... 0 17 4 100 Mount Morgan 0 10 10 Sales Reported— 75 Canterbury Meat ipf.) 5 17 6 100 N.Z. Breweries 1 18 0 5 Colonial Sugar 48 12 6 100 Wool worths 1 Svdnev. ord.) 1 3 0 AUCKLAND Sales on ’Change 3 d Stock 15 4 46-49 4 per cent. 99 10 0 Ditto 15 3 40-43 4 per cent. 97 15 0 Bank of New Zealand .. .. 1 18 6 N.Z. Insurance ,2) 9 12 0 South British (2) 9 4 3 Abraham and Williams .... 0 10 0 Kauri Timber 1 3 6 Dominion Breweries (2) .. 1 9 6 Aust. Con. Industries .. .. 1 11 3 British Tobacco (pref.) 1 12 0 Broken Hill Pptv 2 18 6 9 18 9 Ditto (con.) 2 5 6 Colonial Sugar 48 7 6 Dunlop Perdriau 1 1 6 Electro. Zinc (ord.)’ .. .. •> 6 6 Farmers' Trading 0 17 9 Ditto (B. pref.) 0 19 0 Hume Pipe (Aust.) 1 0 5 K. D. V. Boxes (con.) .. .. 0 4 9 Woolworths (Svd.) (2) .. .. 1 3 0 Ditto (1st pref.) •' 2 6 Emperor 0 8 9 WELLINGTON Sales on ’Change— c s. d. Stock 1946 4 per cent 98 10 0 Bank of New Zealand (D. long term) 1 6 G Woolworths (Vic., pf.) .. .. 1 9 6 Wellington Citv 1/3/43 4; per cent 100 5 0 Bank of N.S.W 29 15 0 Commercial Bank 0 16 0 N.Z. Breweries (3) 1 18 0 Electrolytic Zinc (ord.) 2 6 6 Ditto 'pref) 9 10 0 G. J. Coles .. 3 18 0 Woolworths (Syd.) 1 3 0 Unofficial List— Woolworths Properties .. .. 1 5 9 DUNEDIN Sales Reported— £ s. d Bonds 1943-46 4 per cent. .. 98 15 0 Bonds 1946-49 4 per cent... 99 10 0 N.Z. Refrig, (con.) 0 Austral (N.Z.) Mining .. .. 1 3 British Tobacco (pref.’. .. 1 1J 3 Broken Hili Propty 2 18 4

South British Insurance .. 2 1 0 Associated Newspapers .. .. 0 19 0 • pref.) 1 2 0 Howard Smith 0 18 0 Huddart Parker 2 11 6 Burns Philp (contr. > .. .. 9 4 6 Tooths 2 12 6 Morts Dock 0 14 0 Kandos 1 6 3 Henry Jones 2 7 9 Coles 3 13 9 Wool worths 1 2 0 Australian Consolidated Industries 1 9 0 Amalg’td. Wireless (contr.) •> 15 0 Wunderlich 1 0 0 United Provisions 0 7 0 Felt and Textiles 1 10 6 Winchcombe Carson .. .. 1 5 0 Electrolytic Zinc 9 4 3 <pref.) 2 8 3 Mt. Morgan 0 10 0 Mt. Lyell 1 5 1 Broken Hill Pty 2 15 0 South Brokens 1 5 4 Larut 0 5 0 'Arahura Gold 1 7 3 Emperor 0 8 1 Loloma 0 19 6 Oil Search ( 1 4 10 Melbourne Comm. Bank of Aust 0 14 11 National Bank (£5 paid) .. 6 5 0 Carlton Brewery 4 0 0 n 11 0 Australian Consolidated Industries 1 9 0 Wool worths 1 2 0 British Tobacco 2 6 9 Metropolitan Gas 13 13 0 Dunlop Perdriau 1 0 3 Coles 3 13 9 Mt. Lyell 1 5 3 Mt. Morgan 0 10 1 Electrolytic Zinc 2 4 0 Loloma 0 19 6 Broken Hill Pty 2 14 9