COMMERCIAL ITEMS

Dominion, Volume 21, Issue 16, 13 October 1927, Page 14

COMMERCIAL ITEMS

WELLINGTON STOCK EXCHANGE

YESTERDAY’S BUSINESS

AND PRICES

At the afternoon call yesterday sales were reported of Bank of Australasia shares at £l4 12s. 6d„ and Wilsons Cement at 365. 9d. There was a good general demand for shares, and Government securities were active, with prices showing an upward tendency. per cent, stocks were in demand at 2s 6d., the bonds at £96 55., the o per cents, at £9B, and the 5* per cents, at £lOl. Eastbourne Borough 4} per cent, debentures, due 1934, were firm at £B9. Bank shares were steady, with buyers of Commercial Bank (ordinary) at 275. 10d., preference at £6 175., English, Scottish, and Australian Bank at £7 10s., a rise of Is. 3d., National Bank of New Zealand at £6 XBs. 3d., and Bank of New South Wales at £43 17s. 6d. Bank of New Zealand “D” shares (10s. paid) were wanted at 16s. 6d. Sellers quoted 5Ss. for Bank of New Zealand and £l4 19s. for Union Bank. Goldsbrough Mort and Co. s shares were steady at 465. 9d. There were buyers of New Zealand Guarantee Corporation (preference) at 21s. dividend), Wellington Investment at 10s. 5d., and Wellington Trust and Loan at £6 14s. Christchurch Gas were firm at 225. 6d., and there was a bid of 16s. 6d. for Wellington Gas (preference). Gear Meat were in demand at 365. 3d., and New Zealand Refrigerating (20s. paid) at 14s. 9d. Huddart-Parker (ordinary) at 465. 9d. were up 3d. There were buyers of Wellington Woollen (preference) at £6 Is. 6d., Taupiri Coal (ordinary) at 255. 6d., Westport Coal at 345. 6d., and LeylandO’Brien Timber at 355. . 6d. Brewery shares were steady. Staples and Co. s were wanted at 375. 3d., and Tui Brewery at 395. lu the miscellaneous section there were buyers of Burns, Philp, and Co. at 365. 3d., Colonial Sugar at £OO, Dental and Medical Supply at 14s. Vd., D.I.C. (ordinary) at 10s. od., preference at 20s. 9(1., Electrolytic Zinc (preference) at 31s. 6d.. Howard Smith at 295. 6d., Taranaki Oil at 7s. 6d„ Wellington Queen s Theatre at 205., Wilson’s Cement at 365. •Id., and Holden's Motor Bodies at 335. 9(1. Yesterday’s buying aud selling quota-

SALES IN OTHER CENTRES By Telegraph.—Press associationAuckland, October 12 Sales.—RotoMa, Borough, £100; Breweries, Ltd.' debentures, 235. 6<1.; Bank of Australasia, £l4Os. lid.; Union bank ol Australia, £l4 18s. ,6(1.; National Insurance, 795. 6(1.; New Zealand Insurance, 395., 395. Id.; South British 575, 6(1.; Standard Insurance, Gls.; Farmers’ Cooperative Auctioneering (A pref.). 17s. 3d.; Hikurangi Coal (A pref.), ss. 4d.; Renown Collieries (contrib.), 7s. 9d.; raupiri Coal, 255. 6d.; Parker Lamb Timber Co., 195.; Milno and Cltoyce debenture stock, 235. 5d.; Sanford, Ltd., 20b. 3d.; Ohineimtri Gold and Silver, Bs., Bs. Id. Christchurch, October 12 Sales Reported.—New Zealand Government 5) per cent. Bonds (1933), £lOl 7s. 6d.; Holdens’ Motors, 345. 6d.; Commercial Bank of Australia, 28s. (four parcels); English. Scottish and Australian Bank, £7 Ils. 6d.; Bank of New South Wales, £44 155.; Goldsbrough Mort. 475. 3d.; New Zealand Refrigerating (contrib.). 7s. 9d., 7s. 10d., 7s. 9d.; National Bank of New Zealand, £6 19s. 6d Sales.—Commercial Bank of Australia, 275. ltd.; New Zealand Refrigerating (contrib.), 7s. 9d. (two parcels): British Tobacco. 595. 6d.: Holdens’ Motors. 345. 6d.: Mount Lyell. 275. 3d. (two parcels): Bank of New Zealand. 575. 9d. (two. parcels): Electrolytic Zinc (pref.). 325. (two parcels): New Zealand Guarantee Corporation (cum. div.). Bs. 6d.; 4J per cent bonds (193 n eca (9).

tions were as under: — Buyers. Sellers. N.Z. GOVT. LOANS— <£ s. d. £ s. d. 44 p.c. Ins. Stk., 1939 96 2 C —- 4k p.c. ditto, 1938 .... 96 5 0 •— 5* p.c. ditto. 1033 .... 101 0 0 — 5* p.c. ditto, 1936 .... 101 0 0 101 10 0 5i p.c. ditto, 1027/1941 98 0 0 — 44 p.c. Bonds, 1939 .. 96 2 C —* 4| p.c. ditto, 1938 .... 96 5 0 — 44 p.c. ditto, 1930 .... 97 10 0 — 51 p.c. ditto, 1033 .... Ml 0 0 101 10 0 fjj p.c. ditto. 1936 .... 101 0 0 101 10 0 5 p.c. P.O. Ins. Stk., 1929 98 0 0 99 0 0 DEBENTURES— N.Z. Breweries (stock and bonds) 13 9 Eastbourne Borough, p.c., 1934 89 0 0 Devonport Borough, 0 102 10 0 Ashburton Power Bd., ■ 99 5 0 BANKS— Commercial o£ Aust 1 7 10 1 S 3 Ditto (pref.) 6 17 0 — English, Scottish, ami 7 10 0 — National of N.Z. 0 18 3 « 19 6 New South Wales .... 43 17 6 —— New Zealand 3 18 0 Ditto “D” shares (10s 0 10 6 14 19 0 FINANCIAL— Goldsbrough Mort ... 2 6 9 —— Equitable Building .. — 9 2 6 N.Z. Guarantee Corp. (ord., 8s.) — 0 9 0 Ditto (pref.) 110 — N.Z. Investment —— 0 10 0 N.Z. and River Plate —■ 18 0 Wellington Investment 0 10 5 0 10 9 Well. Trust, Loan .. C 14 0 GASAuckland (paid) .... •—* 13 3 12 6 v ■■■■■■■ Wellington (pref.) .. INSURANCE— 0 16 6 National — 4 13 MEAT PRESERVING— Gear 1 16 3 — N.Z. Refrigerat. (£1) 0 14 9 0 15 6 Ditto (10s.) 0 8 1 TRANSPORT— Huddart-Parker (ord.) 2 6 0 Ditto (pref.) —— 10 9 Union Steam (pref.).. —— 10 4 P. and O. def. stock.. —— 274 0 0 WOOLLEN— Kaiapoi (ord.) —— 0 8 3 Wellington (pref.) .. 6 16 —— COAL— Taupiri (ord.) 15 6 Westport 1 14 6 1 lu 3 Westport-Stockton (pref.) —• 0 3 6 TIMBER— ■ 15 0 Leyland-O’Brien .... 1 15 6 1 IS 0 National —— u 13 3 BREWERIES— Staples and Co 1 17 3 Tui 1 19 0 .... 1 18 6 MISCELLANEOUS— Burns, Philp, and Co. 1 16 3 Colonial Sugar 53 0 0 Dental and Medical 0 14 9 ■ —ID.X.C.* (ord.) 0 19 9 —- Ditto (pref.) 10 9 Electrolytic Zinc (pref.) 1 11 6 1 13 0 Howard Smith 19 6 1 11 0 N.Z. Paper Mills .... 0 17 3 Sharland & Co. (ord.) —— 113 Taranaki Oil Fields .. 0 7 6 0 8 0 Well. Queen's Theatre .10 0 — Wilson’s Cement .... 1 16 4 1 17 2 Holden’s Motor Bodies 1 13 9 MINING— 16 9 ■ ■ ■ 0 0 4 Ohinemuri 0 7 9 —