STOCKS AND SHARES

Timaru Herald, Volume CXLVI, Issue 21360, 1 June 1939, Page 16

STOCKS AND SHARES

YESTERDAY’S QUOTATIONS CHRISTCHURCH Morning Call

AUSTRALIAN STOCK EXCHANGES United Press Association—By Electric Telegraph—Copyright (Received May 31, 9.15 p.m.) SYDNEY, May 31. The Stock Exchange to-day was busy with prices steady to firmer. Retail stores shares attracted increased support. Sales:—

MINING NEWS The Grey River dredge won 429 ounces of gold from 90,795 cubic yards dredged in 1261 hours. The realisation, based on gold at £8 15/- (N.Z.) a fine ounce, is equivalent to 9.92 d a yard, the best yet achieved by the dredge. COLOMBO TEA AUCTION DUNEDIN, May 31. Mr L. M. Wright has received the following cabled report on the Colombo tea auction of May 30:—In all 3,250,0001 b of tea was submitted to buyers. Common and medium teas were steady and fine grades also were firm. The quality of the offerings showed improvement. At next week’s auction 3,000,0001 b is catalogued for sale.

Sales on 'Change— £ s. d. 100 Oamaru Woollens .. .. 0 15 0 20 G. J. Coles (rights) .. 12 6 500 Woolworths Potys. (rgts) (9 > 0 ■ > 4 100 Grey River 0 18 0 Sales Reported— 300 Taranaki Oilfields .. .. 0 8 6 0 8 7 200 Kanieri 1 15 6 Afternoon Call Sales e,n ’Change— £ s. d. 50 Natl. Bank of N.Z. (cum div.) 2 6 6 50 Broken Hill Pty. (ex d.) 3 8 6 100 Taranaki Oilfields .. .. 0 9 0 650 Woolworths Ptys. (rghs) (2) 0 2 4 0 2 3 Sales Reported— 200 Kanieri 1 15 6 300 Taranaki Oilfields .. .. 0 8 6 0 8 7 £200 N.Z. Govt. 31 p.c. Inscr., 1953-57 91 0 0 50 Electro Zinc (pref.) 2 15 9 AUCKLAND Sales on ’Change— d Bonds, 15/2/43-46, 4 p.c. .. 98 15 0 Stock, 15/2/43-46, 4 p.c. .. 98 15 0 Natl, Bank of N.Z 2 6 6 Bank of N.Z 9 0 0 N.Z. Insurance 2 13 0 Newton King (pref.) .. .. 0 8 0 Auckland Gas (2) 0 16 6 Tooth's Breweries o 18 0 Aust. Iron and Steel (pf.) .. 1 9 6 Broken Hill Ptpy. (ex div.) 3 8 3 3 8 9 3 9 0 Bycroft (rights) 0 16 3 Colonial Sugar 51 0 0 G. J. Coles (rights) (3) .. 9 12 6 Taranakil Oil Fields (2) 0 9 3 0 8 4 0 8 9 Unofficial List— Electric Products .. .. 1 1 0 Taranaki Oil Developmnts 0 2 6 0 3 0 0 3 3 WELLINGTON Sales on ’Change— £ s. d. Mount Morgan .. .. 0 11 6 N.Z. and River Plate .. .. 0 11 0 Huddart Parker 2 16 0 N.Z. Breweries . 1 18 9 G. J. Coles (rights) (2) 2 12 6 Taranaki Oil (2)) 0 9 0 Gillespie’s Beach .. 0 0 10 Broken Hill Pty 3 8 9 DUNEDIN Sale Reported— Bonds, 1953-57, 3’< p.c. . 91 0 0 Woolworths Ptys. (rights) . 0 2 6 (2) 0 2 3 Moturoa Oil (ord.) 0 4 8 Mount Lyell .. 1 8 6 Mount Morgan 0 11 5

£ s. d. Bank of New South Wales 28 6 0 Com. Bank of Australia .. 0 15 0 National Bank (£10 paid) .. 12 8 0 Colonial Sugar 46 15 0 Fairymead Sugar Howard Smith .. 1 0 1 Huddart Parker 2 12 0 Tooths 2 13 0 Woolworths 1 2 0 F. Fielding .. .. 3 17 0 Aust. Guarantee Corpn. . 1 2 1 Claude Neon 19 9 Drug Houses 12 6 Aust. Consolid. Industries .. 1 16 6 □unlops 1 0 6 Farmers 1 10 0 Stedman 0 13 3 Mort’s Dock 0 15 3 Adams 0 14 41 Felt and Textiles .. 1 10 9 Sargents 1 10 0 Standard Cement .. .. 1 2 0 Mt. Morgan (N.Z. delivery) 0 10 8 Mt. Lyell (N.Z. delivery) .. 1 6 101 Broken Hill Pty. (ex div) . 3 4 9 North Broken Hill 2 8 3 South 1 7 7 Kuala Kampar 0 12 9 Arahura Gold 1 8 0 Emperor (ex div) 0 9 0 Taranaki Oil 0 7 6 Electrolytic Zinc 2 8 9 Burns Philp (South Sea) .. 1 5 6 Newbold 1 10 6 W. H. Soul 4 14 0 British Tobacco 2 8 6 Pref. .. 19 3 Melbourne Exchange Coles (rights) 2 8 0 Dunlops 1 0 4 Electrolytic Zinc 2 8 9 Pref 2 11 9 Broken Hill Ppy. (ex div) .. 3 4 6 North Broken Hill 2 7 6 South 1 7 1 Emperor 0 8 10