THE SHARE MARKET

Evening Star, Issue 21744, 12 June 1934, Page 7

THE SHARE MARKET

miNEBIH STOCK EXCHANGE There was more inquiry for Tanking shares this morning, when market, conditions generally were quief but firm. Ba.uk of New Zealand shares were wauled at, the improved figure of 51s 3d, but sellers failed to respond. Long ITs and Australasias also bad misapplied buyers, , while E.S. and A. ‘s showed a margin of 6s between the quotations. A closer market was experienced in New Zealand Loan and Mercantile ordinary shares, and 'Trustees. Executors were not for sale, despite, an offer of 655. Meat preserving shares attracted the usual keen attention of investors, though Refrigerating contiibutings failed to do business, despite that only one penny separated Uio quotes. Dominion Fertilisers revealed a definite hardening , tendency, but otherwise no change was noticeable in the miscellaneous section, m which buyers continued to predoiniiia te. Now Zealand Breweries had business at 41s 2d, with further buyers at 44s and the shares for sale at 44s 3d. There was reduced activity in gold mining shares, though a parcel of 1,000 Maltakipawas changed hands after the call at lid King Solomons went out without a buyer. Nokouniis continued to improve slightly, and Okaritos were for sale at 8s sd. Waihis were on offer at 34s 3d, but buyers were not. attracted. Despite improved prices offered by investors for Government Loan;, only the 4 per cent, stock issue of 1946 produced a seller at the high figure of £lO6 15s. SALES. On ‘Change.—N.Z. Breweries, £2 4s 2d. Reported.—Kildare, 2s (late yesterday). After Call.—Neiv Zealand Refrigerating (paid), 19s 6d; Mabaknpiwa, lid. Quotations as under: — Buyers. Sellers.

N.Z. GOVERNMENT LOANS--(Bnnds quoted are £IOO Bonds.) 5j p.c. Stock.' 1958- , 1915 105 10 0 31 p.c. Stock, 1959‘1945 105 10 0 3j p.c. Stock., 19411943 105 10 0 3t p.c. Stock, 1958‘1952 105 10 0 51 p.c. Stock, 1959‘1952 105 10 0 31 p.c. Stock, 1941“1952 105 10 0 4 p.c. Bonds, Jan. 15, 1940 105 0 0 4 p.c. Stock, Jan. 15. 1940 105 0 0 — 5 4 p.c. Bonds, Feb. 15, 1946 .. ... ... ... 105 10 0 4 p.c. Slock, Feb, 15, 1946 105 10 0 106 15 0 4 p.c. Bonds. April 16, • 1949 ... 106 0 0 4 p.c Stock, April 15, 1949 106 • 0 0 4 p.c. Bonds, June 15. 1955 108 0 0 4 p.c. Slock, June 15, ‘ 1955 . 108 0 0

WORLD’S WHEAT SHIPMENTS World shipments of wheat for the week onded Mr; 24 were 1,365,000 quarters, of which 1,000,000 quarters were for Europe and 305,000 quarters for countries outside Europe. North America shipped- 652,000, Argentina 440,000. Australia 171,000, and other countries 102,000 quarters. Exports of breadstuff's from Australia from the beginning of December to .May 24 were the equivalent of 43,840,669" bushels of wheat, of which 16.691,792 bushels, or 38 per cent., went to countries other than Europe.

£ .4. d. ' £ s. d BANKING — Bank of Australasia 11 15 0 Bank of New Zealand 2 11 5 ! Bank of New Zealand Bony “ D ” 1 15 0 Commercial Bank — 0 16 & E.S. and A. Bank ... 5 2 0 5 8 National Bank of New Zealand 4 2 0 Union Bank of Australia Ltd - 10 0 0 INSURANCE1 National Insurance * Co. ... ' .. '10 6 j Standard Insurance, j Co. ... 3 3 0 3 6 0 1 SHIPPING— ■ Huddart, Parker 1 (pref.) ; ... .:. ... 15 6 U.S.S Co. (pref.) ... 15 6 ~ COALWeal,port Coal Co. ... 0 17 0 — EGAN AND AGENOV— Goldsbrough, Movt ... 1 11 9 National Mortgage ... — 5 2 0 National Mortgage (“ B ” issue) 1 11 0 N.Z. Loan and Mercantile (ord.) 57 0 0 59 0 0 .N.Z. Guarantee Corporation V 0- 4 3 Trustees. Executors, and Agency 3 5 0 Wright, Stephenson (prof.) — 1 0 6 MEAT PRESERVING— N.Z Refrigerating i ■ (paid) 0 19 4 0 19 9 N.Z. Refrigerating (cont.) ■ 0 8 11 0 9 0 Southland Frozen Meat (paid) ... 3 7 0 . • Southland Frozen Meat (eont.i ....... ... I 13 9 .... , Southland Frozen Meat • (prof.) ... ... ... 3 7 0 — South Otago Freezing 5 19 0 .— Waitaki .Farmers’ Freezing ... 2 7 6 — MISCELLANEOUS— Broken Hill Ply. ... 2 5 9 Broken Hill South ... 3 12 0 ... Brown, Ewing (ord.) 0 18 6 ... Brown, Ewing (pref.) 1 0 6 — D.T.C. (pref.) 13 9 — Dominion Fertiliser 0 18 0 — Dominion Fertiliser Debentures 104 0 0 Dominion Rubber 1 4 6 — Dnnedin-Kaikorai Trams ■ ... 1 15 0 Dunedin Stock Exchange Proprietary ... ... I 19 0 2 5 0 Kaiapm Woollen ' (ord.) ... 0 9 8 0 10"' 6 Ka.iapyi Woollen (cent.) ... 0 3 6 0 3 10 Kaiapoi Woollen (pref.) — 0 19 6 Milburn Lime and . Cement 1 12 3 Mosgiel Woollen Co. 10 0 0 — Mount Lyell 1 0 9 N.Z. Drug Co 3 16 0 — ‘ N.Z. Malay Rubber (prof.) ■ 1, 1 i) N.Z Paper Mills .. 1 9 6 — North Broken Hill — 5 0 0 ‘ Otago Daily Times ’ Regent Theatre 2 6 0 _ — 1 0 6 Smith ami Smith (pref.) 0 17 0 - BREWERI ES N.Z. Breweries 2 4 0 . 2 4 3 Dunedin Brewery 1 5 0 “ I OIL—, i ■ | Moluroa 0 3 3 0 4 3

GOLD -MINING-Bell-Hooper ... — 0 0 8 Bell-Kilgonr 0 0 3i — Bendigo Goldlight. ... 0 0 7 — Central Shotover — 0 0 11 Gillespie's 0 1 9 0 I'll Golden Point 0 0 3 0 0 4 Golden Progress Golden Sands 0 0 1 0 3 0 Goldslields Dredging 0 0 9 0 0 101, Gienroy 0 0 91 — K'ldiiro 0 1 10 0 2 1 King- Solomon — 0 4 1 Lawson's Plat — 0 0 5 llacrowbenUa -- 0 0 9 Mriliakipawa 0 o ioi 0 0 Hi Mining House Moonlight, Nelson 0 0 8 Creek — 0 0 8 Nevis Diesel — 0 0 4 New Cornish Point (paid) Nokoinai 0 2 9 o o o Okarito 0 8 1 •0 8 5 Oxonbridgc 0 1 0 Skippers Wa'lii z Oil 1 14 3 Wait aim 0 4 5 0 4 6