STOCK & SHARE MARKET

Evening Post, Volume CXXIII, Issue 125, 28 May 1937, Page 12

STOCK & SHARE MARKET

FRIDAY, MAY 28, 1937.

Bayera. Sellers. i a. d. £ «. d.

N.Z. Govt. Loans— 3Vs p.c. Inscr. Stock. 15/3/1039-43 101 7 6 — 3% p.c. Inscr. Stock, ■ . 15/U/1039-J3 101 7 G — ! 3V4 p.o. luscr. Stock, ' 13/3/19-11-13 ...... 101 7 6 — 3V2 p.c. Inscr. Stock, ; 15/9/1941-43 101 7 0 — 3Vs p.c. Insi-T. Stock, 15/11/1938-52 101 5 0 — 3Vz p.c. Inscr. Stock, 15/5/1939-52 101 5 0 — ; 3Vs p.c. Inscr. Stock, I 15/11/1941-52 101 5 0 — 'i'fe p.c Inscr. Stock, 15/5/1941-5-2 101 5 0 — 3Ms p.c. Inscr. Stock. 15/1/1953-57 99 0 0 — . 3v"i p.c. Inscr. Slock, 15/11/1938-41 100 15 0 — t p.c. Insci Stock. - 15/2/1943-40 103 10 0 — ■ 1 p.c. Inscr. Stock, 15/4/1940-49 104 2 6 — 4 p.o. Bonds. 15/2/ ' 1943-40 103 12 6 - 4 p.c. Bonds, 15/4/ 1946-40 104 2 6 - 4 p.c. Bonds, 15/0/ 1952-55' 104 10 0 - 5 p.c. Rural Bonds, ' . I 15/9/1947 101 15 0 — 1 Local Bodies Debentures— Makerua Drainage. iY* p.c. 1/8/1945 - 101 0 0 ilakerua Drainage, I 4>,4 p.c, 1/8/1953 - '101 00 ; Wellington City. 4>i 1 p.c., 1/2/57 . i 104 10 0 - j Other Debentures— Amulg. Brick, Wgtn. . — .100 0 0 N.Z. Fcrmers' Co-op., - 1 4M p.c, 1945 - 92 10 0 1 Grand Central Bldg. - B0 0 0 I Banks— ' Australasia — 1- }1 Jj Comm. of Ausfc. (ord.) 010 0 019 A Coram. of Aust. (pref.) - 1' 10 0 Eng,, Scot., & Aiu-t. - 09 0 New South Wales ..* - 3/ f» 0 Union o£ Anst. — 11 5 0 Xew Zealand * 2 4 5 Financial— Abraham and Williams i (pref.) 4-5 0 415 0 Goldsbroiigh, Mort, and Co 117 9 }™,' I N.Z. Guarantee Corp. 0 4 9 0 4.11 N.Z. luvest. Mort and * , Dcp - 0 10 2 GasAuckland 110 12 0 Christchuvcli 16 6 1/3 Wellington (ord.) ... - 1 16 0 FeUding 0 1 11 - InsuranceQueensland — 300 Meal Preserving— Gear Metrt 015 9 0 l(i C N.Z. Refrig. (10s) ... - 0 8 11 WoollenOamaru * 018 0,10 0' Prestige. N.Z. (pref.) - ISO1 Wellington (ord.) .... — 6 0 0 Wellington (pref.) .. 510 0 — Timaru — ,103 TimberKauri — 1 4 0 Xaupo Totara (ord.) . — 0 9 2 Taupo Totara (16s paid, pref.) - 0 15 9 BreweriesDominion . ..• 2-4 6". 24 9 N.Z. Breweries / * 3 5 0 • — Staples and Co 2 12 2 — Tooth and Co. — 2 16 0 . Tiii 2 16 0 - U.I.C. (ord.) 0 16 6 - Dunlop-Penlriau ... 110; 112 Farmers' Trading ... 1.19 ' — ~ General Industries .. — 1 0 9 j G. J. Coles 57 6 5 80] Howard Smith (ord.) — 12 0] Hume Tipe ,0 IS 2 - 1 MacDufl's (pref.): ] 3 fi — 1 Milbuin Lime .'.'.... 117 C ; — ■ N.Z Drug ...V,. - 3,10 0 Shillings, Ltd. , . - . 0 19. « Taranaki Oil „ — °• * B Wilson's ■ .(N-Z^j .- -^ Cement ■ ■*' —■' vv. lld v ■Woolwortliß (N".Z.) /;: nn (ord.) ...; - 7 1° ° Woohvorths (N.Z.), " ~„ ■ . ;.::(pref.) - * 10 & Woolworths, Ltd. "■•'• (2nd pref.) 17 9 Northern Holler Mills 019 6 • — Mining— Gillespie'a Beach .. - 0 1 0 Martha - . 0 17 0 Nemona —r 0 19 Skippers :, 0 0 2% - Waiinumu ......... — 0 10 AustralianBroken Hill South * — 2 10 9 Mount Lyell * .253 259 Mount- Morgan:. 013 4 013 C Placer Development * —. 4 12 0 UNOFFICIAL LIST. Buyers. Sellers £ s. d.. £ s. d Woolworths. Ltd. ... 7 10 7 4 0 Woolworths. Ltd., Kights . - j] * |> N.Z. Investment Trust — S a 0 National Tobacco ... — 2 17 6 BUSINESS TRANSACTED. First Call This Day.—No sales. Sales made after going to press yesterday:-.. No. of Shares. * s. d. £2520 4 p.c. Stock, 1946-49 .... 104 10 0 10 Bank N.S.W r...* 37 so 35.0 Staples and Co. (3) .... 212 V,i 200 Staples and Co/ 2 12 3 100 Staples and Co • 212 5 600 Diralop (4) 1 1 0 100 Felt and Textiles 1 15 10 100 Mt. Morgan 0 13 6 UNOFFICIAL LIST. i Sale -today:— No. of ■' Shares. , f s. d. 350 Grey River (3s 9d pd.) .040' "Cum diVj

AUSTRALIAN STOCK EXCHANGES. ;

The formation of the Australian Associated' Stock Exchanges, «an association which is limited by guarantee and having no share capital, and to which a licence has been granted by > the Governor in Council, constitutes an important addition to Stock Exchange administration in Australia. With a rapid growth in the public interest in Stock Exchange transactions in recent years there has come an increase in the problems of Stock Exchange administration. That the need to cater more comprehensively for the interests of a widened circle of investors and for the interests of the Stock Exchanges themselves is recognised by those in control of the exchanges and.is evidenced in the new organisation, which envisages co-ordination of Stock Exchange action' on certain lines throughout Australia.

BULOLO GOLD LOWER YIELD.

Bulolo« Gold Dredging, Ltd., reports that the reduced April output was due to changing the courses of two dredges, which required the digging of a large volume of tailings and some overburden. The May return will also be affected by these changes, but it is expected that by June production will be more nearly normal. The manage-, ment endeavours to keep the monthly production fairly even, but the ground varies greatly in value, and there are times when, on account of high bedrock or other adverse dreging conditions, the course of a dredge must be changed suddenly, necessitating dredging ground of lower than average value, and sometimes of worthless tailings and overburden.

NATIONAL BANK OF AUSTRALASIA.

i The National Bank of New Zealand has received from the chief manager ■ of the National Bank of Australasia (for which it acts as New Zealand i agents) the following cablegram, dated i Melbourne, May 26:—Ordinary general meeting has closed. Report and bal-ance-sheet as published adopted. Retiring directors. Messrs. H. G. Darling and D. York Syme, and auditors, rcelected.