THE SHARE MARKET

Evening Star, Issue 22465, 9 October 1936, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE INCREASED ACTIVITY MAINTAINED The increased activity apparent on the local share market during the last few days \vas maintained this morning, when a large volume of sales was reported. Values generally revealed a tendency to harden. Banking issues continued to have a dull market, and sellers’ limits were a shade easier in all cases with the exception ol New South Wales. , National Insurances were a little firmer at 18s lOd, with a subsequent seller at 18s Jld and no buyer. , In the meat section sellers of Refrigerating (paids) eased Id, while the. contnbutings moved up Id to buyers at 9s 4d, with sellers asking 3d more at 9s 9(1. Values were generally firmer in the miscellaneous group, Australian industrials having a particularly strong inquiry. Woolworths (N.Z.) hardened to buyers at £5 7s for the ordinaries without attracting a seller. It is rumoured that this company is considering increasing its capital by a fresh issue of shares.

Australian mining shares experienced an improved demand, practically all issues showing an advance on yesterday’s prices. Government loans continued to receive' strong support, increased offers for the taxfree issues failing to attract a seller. Amongst unlisted stocks Woolworth (Sydneys) continued to harden, buyers offering Is more than yesterday’s sale price of £5 10s without response. Shillings Ltd. maintained their recent improvement with business up to 18s 3d and further buyers at 18s and no seller under 18s 6d.

SALES REPORTED, National Insurance, 18s lOd. G. J. Coles, £3 17s 3d (late yesterday). Hume Pipe, 18s lOd (late yesterday). Emperor Mines, 15s 2d. North Broken Hill, £9 14s. Waipapa Beach, (late yesterday). 4 per cent. Stock (1943-46), £lO4 2s fid. Shillings Ltd., 18s (late yesterday), 18s 3d. Were’s (rights), Is (late yesterday).

DIVIDENDS DUE ~ Amalgamated Wireless—Final, 6 per cent, and bonus 1 per cent., making 11 per cent, per annum Oct. 12 Mataki Dredge—ld a share ... Oct. 14 Woolworths Ltd.—Quarterly, ord. 2 per cent. ... Oct. 15 Woolworths (N.Z.) Ltd.—lnterim pref. £2 14s per cent Oct. 15 Burns, Philp (South Sea) —Halfyearly 5 per cent, per annum Oct. 15 G. J. Coles—lnterim, quarterly, 24 per cent. Oct. 15 Wunderlich Ltd. —Interim halfyearly, ord,, 6 per cent, per annum; Ist and 2nd pref., 6 per cent, per annum; 3rd pref., 7 per cent, per annum Oct. 15 South British Insurance —Final Is 4d per share, or 13 1-3 per cent, per annum Oct. 22 United Provisions Pref. halfyearly, at 8 per cent, per annum, ord. 2 per cent, per annum ••• Oct. 30 N.Z. Guarantee Corporation— Final, 2d a share, 9 13-18, per cent, per annum ... ... ... Oct. 30 Imperial Chemical Industries Ltd. —lnterim, 2jr per cent., on ordinary shares ... Nov. 2 Martha (Waihi) Mine —Interim of Is a share Nov. 3

Quotations as under; Buyers. Sellers. £ s. d. £ s d. BANKING— New South Wales .. 33 0 0 New Zealand . 1 18 10 1 19 2 Commercial . 0 18 2 0 18 5 National of New Zealand 3 0 0 INSURANCE— National 0 18 11 Standard 3 2 0 SHIPPING—. P. and 0. Deferred Stock 1 12 0 — U.S.S. Co. (pref.) .. 1 6 0 — MEAT PRESERVINGN.Z. Refrigerating (paid) . 0 19 0 0 19 2 N.Z. Refrigerating (cont.) 0 9 4 0 9 9 South Otago Freezing 7 12 0 8 0 0 Waitaki Farmers’ Freezing 4 0 0 — LOAN AND AGENCYGoldsbrough, Mort .. 1 13 9 1 13 11 N.Z. Loan and Mercantile (ord.) 36 0 0 N.Z. Guarantee Corporation — 0 5 8 Perpetual Trustees .. — 3 4 0 Wright, Stephenson (ord.) 0 18 0 — COAL— Kaitangata . 1 1 0 1 3 0 Westport 1 2 6 1 3 0 Westport-Stockton (ord.) — 0 2 0 WOOLLEN COMPANIES— Bruce (ord.) 0 14 6 Kaiapoi (cont.) — 0 6 5 Kaiapoi (pref.) — 0 19 6 ,'iISCELLANEOUS— Anthony Hordern 0 18 0 Associated News 1 3 0 Associated News (pref,) 1 3 6 Australian Glass 4 13 6 4 14 0 British Tobacco 2 3 3 Broken Hill Prop. „ 3 18 0 Broken Hill Prop. (cont.) 2 17 0 Brown, Ewing (ord.) .. 0 17 0 — Brown, Ewing (pref.) 1 2 3 — Crystal Ice Co. ... .. 2 5 6 Dominion Fertiliser .. 1 5 0 Dominion Rubber ., 1 4 9 1 9 0 Donaghy’a Rope and Twine 2 11 0 _ Dunlop Perdriau Rubber 0 16 10 G. J. Coles 3 17 6 Hume Pipe 0 18 9 Milburn Lime and Cement 2 3 0 National Electric 0 14 0 N.Z. Farmers’ Fertiliser 1 1 9 N.Z. Newspapers 2 0 6 N.Z. Paper Mills 1 6 9 1 10 0 Regent Theatre 1 1 6 Woolworths (ord.) .. 5 7 0 BREWERIESNew Zealand 2 11 0 2 12 0 Tooth’s 2 16 0 UNLISTED STOCKS. Woolworths (Sydney, ord.) 5 11 0 Were’s Trust (rights) 0 0 11 We re’s Trust (ex rights) 0 5 6 Shillings Ltd. (17s 6d 0 18 0 0 18 6 Assoc. Petrol (pref.) 1 5 6 AUSTRALIAN MINING— Broken Hill South (£1) 6 5 0 Electrolytic Zinc (pref., £1) 2 6 3 Electrolytic Zinc (ord., £1) 2 3 9 2 4 0 Mount Lyell (£1) ... 1 9 9 1 9 11 Mount Morgan (2s 6d) 0 14 8 0 14 11 GOLD MINING— Argo Dredging (Is) ... 0 1 9 . Big River (Is) 0 1 9 0 2 0 Centra] Shotover (Is) 0 0 5 Clutha River (2s) ... 0 2 2 Gillespie’s (Is) 0 1 4 0 1 6 Lawson’s Flat (Is) ... 0 0 5 Molyneux River (2s) 0 2 4 Mossy Creek (Is) ... 0 1 3 — Mount David (5s) ... 0 1 0 Nokomai (5s) 0 2 0 Skippers (is) 0 0 3i Waipapa Beach (Is) 0 0 7 0 0 9 Waitahu (5s) — 0 2 0 N.Z. GOVERNMENT LOANS— 3i p.c. Stock, Nov., 1938-52 104 0 0 — 3i p.c. Stock, March, 1939-43 101 12 6 — 3i p.c. Stock, Sept., 1939-43 101 12 6 — p.c. Stock, Mav, 1939-52 104 0 0 — 3j p.c. Stock, Sept., 1941-43 101 10 0 — 3£ p.c. Stock, May, 1941-52 103 10 0 — 4 p.c. Stock, 1937-40 — 101 12 6 4 p.c. Bonds, 1943-46 103 17 6 — 4 p.c. Stock, 1943-46 103 17 6 — 4 p.c. Bonds, 1946-49 105 5 0 — 4 p.c. Stock, 1946-49 105 5 0 — 4 p.c. Bonds, 1952-55 105 5 0 —' 4 p.c. Stock, 1952-55 105 5 0