COMMERCIAL ITEMS

Dominion, Volume 16, Issue 175, 12 April 1923, Page 10

COMMERCIAL ITEMS

WELLINGTON STOCK EXCHANGE YESTERDAY’S BUSINESS AND PRICES At the morning call (yesterday a sale of 41 per cent, inscribed stock, 1938, at £97 ss. was reported, and a sale of Bank of New Zealand shares at £2 17s. 9d. was made on ’Change. At the afternoon call sales were reported of National Bank shares at £6 10s. 6d., Union Bank uh ares at £l4 7s. 6d.,» two sales of Bank of New Zealand shares, each at £2 17s. 9d., and a sale of Wilson’s Cement shares at 245. 6d. A sale of Bank of New Zealand shares was made cn ’Change at £2 18s. There was a better demand yesterday for gilt-edg-ed securities. The 4 1 per cent. War Bond, 1938 and-1939, were in demand at £97 2s. 6d., but the 5 per cents, and 54 per cents, were unchanged. Bank shares were in very good demand and the sales recorded show substantial advances. Rumours of fresh issues of shares are in some measure responsible for the advances recorded. Bank of New Zealand shares were 6d. higher, with buyers at £2 17s. 9d.. and Union Bank shares were a shilling higher at £l4 6s. Shares of financial companies were steady and unchanged. There were buyers of National Mortgage shares at £3 15 s., and Wellington Trust and Loan at £5 14s. Gas shares were firm and unchanged.. Insurance shares were v er Y firm. National Insurance shares at £3 16s. 3d. were 9d. higher, and Standard Insurance shares at £1 15s. were a shade higher. Shipping shares were not quoted. M.estport Coal shares were 6d. higher at £1 17s. 9d. Taringamutu Totara shares w«rc 6d. higher, at 31s. Gd., N.Z. Drug shares at £2 19s. 6d. were a shilling dearer. Crown Brewery shares were a shilling higher at 425. Yesterday’s buying and selling quotations were as follow: —

LONDON STOCK EXCHANGE. (Rec. April 11, 5.5. n mJ Aus.-N.Z. Cabi/R Assn. London, April 10 Waihi shares, buyers a l‘6. sellers 255. 7d.; Dalgety, £ll ss. NEW ZEALAND APPLES. (Rec. ‘April 11, 5.5 p m.) Aus.-N.Z. Caiub Assn. London, April 10 The Remuera’s New Zealand apples are turning out less satisfacxoiy, a large proportion being heated. CUSTOMS REVENUE. Customs revenue collected at the port of Wellington yesterday totalled £8047. LONDON WHEAT MARKET. " Aus.-N.Z. Cable Assn. London, April 10. Wheat cargoes are firm at sixpence per quarter advance. Parcels are firm and dearer.

MINING NEWS WELLINGTON SHARE MARKET The following quotation waS recorded in the mining market yesterday:— Buyers. Sellers. £ a. d. £ s. d. Walhi 15 0 1 « 6 STOCK EXCHANGE. ’ BY TELEGE4 PH.—PRESS ASSOCIATION. Christchurch, April 11. 6 Sales reported: Bank of New South Wales. £37 17s. 6d.; Westport Coal. £1 17s. 9d £1 IBs. (two parcels): Electrolytic Zinc (pref.). £1 12a. 3d., £1 12b. (d. Sales: Crown Brewery. £2 2s. (two parcels). Auckland, April 11. Salos: War Loan. 1939. £97 55.; 1941, £97 55.; 1927. £97 10a.; New Zealand Inscribed, 1929, £97 55.; Hank of New South Wales, £37 15b. ; Bank of New Zealand. 575. 9d.. 585.; Union Bank. £l4 65.; Taupiri Coal., 21h : Northern Steam. 145.; LeylandO’Brien. 375.; New Zealand Express, 155.; Sharland and Co., 225. 6d.; Grand Junction, 7s. Dunedin, April 11. Sales: Westpcrt Coal, 365. 3d. ' Sales reported: 51 per cent. Soldiers' Bonds. 1933. £101; Electrolytic Zinc 325. 6d.. 325. 9d.; Bank of New Zealand. s(h.

WAR LOANSBuyers. .£ b. d. Sellera. £ a. d. ' 4* n.c. Insc. Stock. 1939 97 0 0 n.r. Insc. Stock, 1938 97 0 o ioo io o 41 n.c. War Bonds. 1939 97 z 6 —- 41 n <■. War Bcndfl, 1938 97 2 6 w • W n.c. Wnr Bonds. 1933 ICO 10 0 1 5 n c P.O. Bonds, 1927 97 10 0 5 n.c. P.O. Insc. Stock, 1929 — 97 12 6 fi n <■ P. 0. Insc. Stock, 192? 97 10 0* — BANKS- — . 13 10 0 National 6 10 6 New South Wales 0 New Zealand . 2 17 9 2 18 6 14 6 0 FINANCIAL— Abraham and Williams 4 — — 4 5 0 Notional Jtortgarn .... 3 15 0 N.Z. and River Plate — • 119 Well. Invest. .. . A 9 b 0 10 0 Well. Trust. Loan 5 14 0 Well Deposit 0 8 0 GASAuckland (paid) .15 0 1 5 9 Gisborne 0 12 9 Wellington .(£101 11 12 6 —. Ditto (nref.) 0 16 6 —— Ditto. Deb. Stock ... 105 0 0 INSURANCE— *• New Zealand .18 6 1 9 0 Standard 1 15 0 — IfF'T FREEZING— N.Z. Refrigerat. (10s.) . — 0 14 2 ,236 — . W'-V. Mont Exp. (£5) .. 4 12 0 Ditto (£3 12s. 6d.) .... —— 3 0 6 WOOLLEN— Kniapoi (ord.) •— 1X9 COAL- . 1 17 9 Westport-Stockton (nref.) — —— 0 9 0 WMnn . 0 17 0 TIMBER Tarin rrapnutu irSCELLtNEOUS— 1 11 6 t — Crown Brewery .220 Dunlop Bnbher ,14 0 D.I.O. ford.) . 0 11 3 . — * ——• 1 4 6 Mannino' r"tl Co . 4 15 0 National Electric —— 116 Newton Kinw (pref.) .. — 10 0 N.Z. Drue - 2 19 6 —— 1'17 Wellington Cordage ... — 1 2 a Wilson’s Cement .14 8 15 0