THE SHAREMARKETS

Wanganui Chronicle, Volume 80, Issue 103, 4 May 1938, Page 11

THE SHAREMARKETS

DOMINION EXCHANGES [ Per Press Association.] AUCKLAND, May ?. Sales on 'Change.—Stock, 15/4/4649, 4. per cent., £lO2 ss; do., 15/1/5357, 3i per cent., £9B ss; Commercial Bank of Australia (pref.), £29 10s 6d; Bank of New Zealand, 445; New Zealand Insurance, 58s 6d; Auckland Gas (con.), 14s; Tooth’s Breweries, 56s 7d; G. J. Coles, 80s, 79s 9d; Grey and Menzies, 13s 6d; Woolworths (Syd.), 22s 2d; Woolworths Properties (rights), 2s lOd, 3s, 3s Id (2 parcels); Skippers, £d; Mount Lyell, 275. CHRISTCHURCH, May 3. Sales on 'Change.—N.Z. Government 3£ p.c. inscribed, 15/3/39-43, £100; N.Z. Refrigerating (10s paid) 8s 3d (3); N.Z. Breweries 44s 9d; Australian Glass 935; Broken Hill Proprietary 59s lOd, 59s Bd, 59s 6d; Dunlop Rubber 21s Id, 225; Electro Zinc (pref.) 45s 9d (2), 45s sd; G. J. Coles 80s 2d; Taranaki Oilfields 7s sd; Woolworths Properties (rights) 3s Id, 3s 2d, 3s 4d (4), 3s 3d, 3s 2d (2), 3s 3d (6); Woolworths (Sydney ord.) 22s 2d (2), 22s 3d; Woolworths (South Africa) 15s 5d (3); Broken Hill Sov.h 30s (cum. div.); Mt. Lyell 27s (3), 26s lid, 26s lOd (2), 26s lid; Mt. Morgan 8s lid; North Broken Hill 49s (3). Sales Reported.—Christchurch Gas 27s 9d; N.Z. Breweries 44s 8d; Tooths Brewery 56s 9d; Dominion Fertiliser 25s 6d; Skippers ad; Mt. Lyell 275; N.Z. Farmers’ Fertiliser 19s 3d; W r oolworths (ord.) 22s 3d. WELLINGTON, May 3. Sales on 'Change.—Late sale yesterday: South British Insurance, 44s 6d. Sales to-day: per cent. Stotck, 1938-52, £lO3 7s* 6d (2 parcels); Bank of New Zealand, 445; Bank of New Zealand, D long term, 29s 6d; Bank ot New South Wales, £3l 17s; Christchurch Gas, 27s 9d; National Insurance, 17s 7d; British Tobacco, 48s 4id; British Tobacco, 48s 4d; Electrolytic Zinc (pref.), 45s 3d, 45s 9d (2 parcels); G. J. Coles, 80s; do., pref., 35s lOid; Wool worths, Ltd. (ord.), 22s Id; Woolworths, Ltd. (ord.), 22s 2d (2 parcels); Woolworths, Ltd. (rights), 2s lid (2 parcels), 3s (7 parcels), 3s Ofcd, 3s Id (2 , parcels), 3s 2d (2 parcels).

AUSTRALIAN EXCHANGES COLONIAL SUGARS ADVANCE STRONGLY Received May 3, 9.40 p.m. SYDNEY, May 3. Colonial Sugar shares advanced strongly to £5O on the Stock Exchange to-day, which is the highest reached on the present capitalisation. Tooth's and Australian Glass shares made further headway, otherwise prices were fairly steady. Sales.—Bank of New South Wales, £32; Colonial Sugar, £5O; Associated News, 21s lOSd; Burns Philp, 53s 6d; Australian Gas A, £7 9s 6d; British Tobacco, 48s 3d; Tooth’s, 575; Australian Iron and Steel, pref.. 27s 3d; Australian Glass, 94s 9d; Dunlop-Perdriau, 22s 3d; ditto, pref., 37s 3d; General Industries, 19s 3d; Felt and Textiles, 335; Newbold Brick, 31s; W. H. Soul, 88s; Wilcox Mofflin, 8s 9d; South Broken Hill, 30s 3d; Norths, 48s 9d; Placer Development, 725; Sulphide Corporation. 10s; Emperor, 11s 10*d; Goodlet Smith, 425; Amalgamated Wireless, contr., 50s 3d (New Zealand delivery), 50s 3d; Woolworths, 22s 6d. MELBOURNE MARKET Received May 3, 10.15 p.m. MELBOURNE, May 3. Industrials generally showed little change on the Stock Exchange today. The mining section was slack. Sales.—Commercial Bank of Australia, 16s 7d; Cox Bros., 15s 6d; G. J. Coles, 80s; Drug Houses, 25s 4kl; Australian Glass, 94s 6d; Dunlop-Perdriau, 22s 3d; Australian Foundation Investment Trust. 4s sd; Electro Zinc (pref.), 45s 9d; Mt. Lyell, 27s 6d; Broken Hill Pty., 60s; North Broken Hill. 48s 3d; South Broken Hill, 30s 3d; Emperor, 11s Bd.

COLONIAL SUGAR ALTERATIONS TO CONSTITUTION Received May 3. 9.40 p.m. STONEY, May 3. A special meeting ot the Colonial Sugar Company will be held on May 25 to consider alterations to the constitution, one proposal being to place married women on the same basis as other people with regard to share transfers. The present position is that shares cannot be transferred to a married woman except jointly with her husband. Another proposal will provide for one ordinary genera: meeting in the year, either in Major June, instead of May or November as at present. The directors will also seek approval to increase their total fees from £2750 to £5OOO a year.