STOCKS AND SHARES

Dominion, Volume 28, Issue 107, 30 January 1935, Page 12

STOCKS AND SHARES

Wellington Market Quiet YESTERDAY’S QUOTATIONS There was a quiet market yesterday on the Wellington Stock Exchange, with prices generally steady. There was a good demand for Government loans, with a slight hardening tendency, for some of the issues, and few sellers in the market. Banks were steady,'with a fair inquiry, though New South Wales tended to ease. New Zealands were steadier at the lower figures of the last few days, selling on Monday at 50/3, and yesterday at uO/-, with late buyers offering 49/0 and sellers holding* for 50/3. The D long term also steadied under a good inquiry, changing hands late on Monday at 29/-, and yesterday, after a sale at 2S/10, four parceis changed hands at 29/-. . Most of the other sections were quiet. Wilson’s Cement selling at 33/0. In the mining section Big Bivers firmed, selling late on Monday at 2/1, with buyers yesterday offering 2/3-1 and- sellers holding for 2/7. ' , The latest buyins and selling tions recorded on the Wellington Stock Exchange yesterday were as follow. N.Z. GOVT. LOANS. Buyers. Sellers. £ s. <l. £ s. >l.

1 - debentures. Wellington Gas Co. .. 104. 0 0 —

FINANCIAL.

Dividends and Calls Dividends— ■ Due. Union Bank—interim, 2/6 a share Jan. 80 Meggitt Ltd.—Half-yearly pref. 10 p.c. per annum, less statutory deduction, and 5 p.c. per annum Jan. 31 Farmer and Co. Ltd—half-year-ly, first pref., 6 p.c. per annum; second pref., 7 p.c. per annum Jan. 31 Aust. Gen. Ass.—S p.c Jan. 31 Wgtn. Trust and Loau—s} p.c. Feb. 1 Trustees, Executor s Agency—int., 6 p.c., p.a Feb. 1 A. I’. Assurance— 2} p.c Feb. 5 Wgtn. Gas Co.—l p.c. final, making 8 p.c. for year .... Feb. 5 Auckland Gas —final, p.c. Feb. 5 J. Staples and Co.—final, 21 p.c. Feb. 0 N.Z. Uefrigerating—sl p.c. ... Feb. 6 Merc. Mut. Ins.—int., halfyearly, 3 p.c, Feb. 7 Commercial Bank of Aust.—interim, pref. 4 p.c. p.a.; ord. 5 p.c. p.a Feb. 8 N. Insurance—interim, 1/- a share •... Feb. 13 Queensland Nat. Bank—int., half-yearly, 4 p.c. per annum Feb. 14 Christchurch Gas—final, 3 p.c. — National Mort, and Agency Co., Ltd.—final 5 p.c Feb. 26 Electro. Zinc—int. pref., 8 p.c. p.a Mar. 13 Broken Hill South—l/6 per share Mar. 15 Hume Pipe So. (Aust.)—halfyear 4 p.c. p.a — O. J. Coles and Co.. Ltd., int., quarterly, ord. 21 p.c. and bonus of 6d. per share ... April 1.1 Gordon and Gotch Net profits of Gordon and Gotch (Australasia) Ltd. for the half-year ended September 30 last amounted to £33,02b—an increase of £2200 on those for the previous six months and of £1748 on those for the corresponding term in 1933. Dividends at the rate of 8 per cent, per annum'on preference and 10 per cent, per annum on ordinary shares absorbed £29,000. The present reserves of £275,737 are represented by: General reserve, £215,173; reserve for contingencies, £35,000; and profit and loss credit balance, £25.564. Tangible assets on September 30 totalled £933.105, and coroI prised: Freehold property, £214, 0.j1 ; leasehold property. £10.009; plant, etc., £33,207; stock, £204,854; book debts, £232.217; prepayments, £11,089; and investments, cash, etc., £218,678. External liabilities on. the same date amounted to £118,684-

Sz p.c. Bonds, 1940 . — toil 5 0 104 0 0 4 p.c. ditto, 1940 ( 4 p.c. ditto, 1949 106 0 u — 106 15 0 — 4 p.c. ditto, 1955 108 0 — 5 p.c. Rural Bonds. 194 t 31 p.c. In sc. Stic.. 1939-52 lot •J (>- 106 0 107 0 34 P.C. ditto, 19CS-5? .. 103 10 0 — 4 p.c. ditto, 1940 .... 103 0 0 — 4 p.c. ditto, 1946 ...... 106 0 0 - — 4 p.c,. ditto, 1949. 4 p.e. ditto, 1955 106 10S 10 0 0 109 7 G

banks. Australasia Comrcl. of Aust., ord. . Comrcl. Banking Co., - 11 14 *0 10 0 9 ■fl7 17 Eng.* Scot, and Aust. 5 National of N.Z. ..... 0 0 3 14 0 0 Nat. of Australasia. ..—— 13 5 New South Wales .... oO 18 0 31 10 0 New Zealand ~ 9 6 2 10 Ditto. D long term 1 9 0 1 9 Union of Aust *8 1 0 9 4

Goldsbrough, Mort & Co. 1 0 National Mortgage, A "7 N.Z. Guarantee Coup. . 0 o 0 •3 1 0 10 0 6 0 Wgtn. Trust, Loan .. — ♦5 18 0 Wgtn. Dep. and Mtge. 0 4 3 — GAS. Gisborne — 0 12 0 Wellington, ord *- 2 6 ■— Ditto,- pref 1 ■> 0 — INSURANCE. National of N.Z 1 2 3 — New Zealand — ♦3 11 0 South British — 4 IS 0 Standard — 3 14 0 MEAT. Gear Meat 1 - 0 1 2 N.Z. Refrig., 10/- paid *0 10 0 0 10 Wgtn. Meat Exp., pref. — 1 7 0 TRANSPORT. 1 IS Huddart Parker .... — Union Steam, pref. .. 17 3 1 8 6 P. & 0. Defd. Stock ..' — 1 2 WOOLLEN. Wellington, ord. 5 15 0 — Ditto, pref 5 15 0 — COAL. Pukemiro 1 5 8 Taupiri — 0 18 6 TIMBER. Kauri ... 0 IS 9 — National — 0 15 0 Taringamutu Totara . 0 4 6 — BREWERIES. Carlton 2 12 0 —• N.Z. Breweries — 2 11 9 MISCELLANEOUS. Burns, Philp & Co. .. 3 2 0 Colonial Sugar 40 0 0 41 10 0 Dental & Med. Supply 0 10 0 — D.I.C., paid 0 13 0 Ditto, contriib 0 10 6 0.13 Ditto, pref — 1 6 6 Dunlop Perdriau .... 0 13 0 0 19 9 Howard Smith, ord. . 0 16 —• Prestige, N.Z., pref. . • 10 (J Wellington Cordage .. — 0 12 0 Whitcombe & Toni'bs . 4 0 0 ——• Wilson’s (N.Z.) Cement 1 13 0 —- Assoc. News — 1 5 G MINING. Alexander, contrib. .. — 3} 0 19 0 Big Hirer 0 2 0 2 Golden Sands ........ — 0 3 0 King Solomon 0 3 J, •-— Mahakiipawa 0 0 11 0 0 11 i Mataki — O 2 9 Mount Lyell — 0 10 Okarito — 0 7 9 Skippers 0 0 5} 0 0 Gl Talisman DuWbo .... — 0 11 G Waihi ““ 1 19 6 Walhi Grand June. .. s 0 4 8 — Worksop 0 2 8 — c Mt. (Morgan — 2 0 Maori Gully — 0 1 6 ♦Cum dividend. fEx dividend. — Unofficial List Buyers. Sellers. £ s. d. £ s. d. Wool-worths Ltd., ord. 4 10 0 4 11 9 Metters N.Z.. Ltd 1) 4 9 — Vacuum Prod., 5/- pd. 0 3 8 —