COMMERCIAL ITEMS

Dominion, Volume 21, Issue 101, 27 January 1928, Page 12

COMMERCIAL ITEMS

WELLINGTON STOCK EXCHANGE

YESTERDAY’S BUSINESS AND PRICES

At the morning call yesterday a sale of Union Bank shares at £l4 6s. Cd. (exdividend) was reported, and at the afternoon call a sale of per cent, stock (1938) at £97 was also reported. There was a linn demand for Government securities, with buyers of the 4J per cents, at £9O 17s. Cd., the 5J per cents, at £9B 155., and the 51 per cents, at £lOl ss. Debentures were firm. Wellington Gas were wanted at £99 10s„ Wellington Racing Club at £lOO 10s., and New Zealand Breweries, 10 per cent, bonds, at 225. Bank shares were steady. There were buyers of Commercial Bank at 295.; English, Scottish, and Australian Bank at £7 12s. Cd.; National Bank of New Zealand at £0 17s. Cd.; Bank of New Zealand “D” shares at 2Cs., and National Hauk of Australasia (£lO paid) at £l7 45., and £5 paid at £8 10s. Dalgety and Co.'s shares were wanted at £l3 155.; Goldsbrough Mort and Co. at 465. lid.; New Zealand Guarantee Corporation (preference) at 215., and New Zealand Jjoan and Mercantile (ordinary) at £93. Wellington Gas (ordinary) were wanted at 275. Cd., and Gisborne Gas at 9s. Cd. Meat shares were stecady. New Zealand Refrigerating (20s. paid) were in demand at 17s. 9d., and the 10s. paid at Bs. 7d., and Wellington Meat Export at Bs., a rise of 3d. Hutldart-Parker (ordinary) were firm at 495. Gd.; Union Steam at £1; and P. and O. deferred stock (rights) at £24 10s., a rise of 10s. There were buyers of Kaiapoi Woollen, (ordinary) at Bs. Gd., and Wellington Woollen (preference) at £0 3s, Cd. Westport Coal shares were' wanted at 31s. Cd., and Walpa Coal at ICs. 3d. There were buyers of Staples and Co. at 405., Tui Brewery at 405.; British Tobacco at 395, Od.; Burns. Philp, and Co. (South Sea) at 255. Gd.; New Zealand Paper Mills at ICs., Whltcombe and Tombs at CBs., and Wilson’s Cement nt 275. Cd. Yesterday’s buying and selling quotations were as under: —

Buyers. Sellers. N.Z. GOVT. LOANS— £ s. d. £ s. d. 4J p.c. Ins. Stk„ 1039 06 17 G — 4i p.c. ditto, 1938 ... 96 17 6 97 2 6 5} p.c. ditto, 1930 . 101 5 0 —— 51 p.c. ditto, 1941 ... 98 15 0 M— 41 p.c. Bonds, 1939 .. 96*17 6 *M 4* p.c. ditto, 1938 ... 96 17 6 — 5} p.c. ditto, 1933 ... — 101 7 6 DEBENTURES— Wellington Gas , .... 99 10 0 MM Well. Racing Club ..106 10 0 —- N.Z. Breweries (stock —— 13 0 Ditto (bonds) 12 0 13 0 I’etone-Lower Hutt Gas L. Bd„ 58 p.c., 1957 M_ 97 10 0 BANKS— Commercial of Aust. (ord.) 19 0 English, Scottish, and 7 12 6 ■ »■ National of N.Z 6 17 6 6 18 9 National of Australasia (£10) 17 4 0 Ditto (£5) 8 10 0 8 13 0 New Zealand 2 19 4 Ditto “D” shares (pd.) 16 0 MM Union of Aust, (new, third instalmt. pd.) M— 11 15 0 PTY A X’GTAT Abraham and Williams 4 7 6 Dalgety nnd Co., .... 13 15 0 Goldsbrough Mort .. 2 6 11 —— N.Z. Guarantee Corp. - 0 9 0 Ditto (pref.) 110 N.Z. Invest., Mortg., f and Deposit — 0 9 9 N.Z. Loan and Merc. Agency (ord.) 93 0 '0 M. GAS— - 14 6 Ditto (new) 0 8 9 Gisborne , 0 9 6 — — Wellington (ord.) .. 17 6 18 3 INSURANCE— New Zealand 2 10 MEAT PRESERVINGGoa r ■I ■!,, 1 18 0 N.Z. Refrigerat. (£1) 0 17 9 Ditto (10s.) 0 8 7 Well. Meat Export 0 8 0 ■ «n TRANSPORT— Huddart-Parker (ord.) 2 9 6 —— Union Steam (pref.) . 10 0 MM P. and O. def. stock (rights) 24 10 0 MM WOOLLEN— Kaiapoi (ord.) ....... 0 8 6 0 9 0 Wellington (pref.) .. 6 3 6 — COAL— 1 11 6 - ■■ Westport-Stockton (ord.) 0 11 •m Ditto (pref.) — 0 3 11 0 11! 3 .... - TIMBER— 0 12 6 BREWERIES— Staples and Co 2 0 0 M. Tui 2 0 0 MM MISCELLANEOUS— British Tobacco (Aust.), 1 19 6 MM Burns, Philp, and Co. 2 5 0 Ditto (South Sea) ... 15 6 N.Z. Paper Mills .... 0 16 0 0 17 0 Sharland & Co. (ord.) — 110 Whitcombe and Tombs 3 8 0 MM Wilson’s Cement .... 1 17 6 — MINING— Mount Lyell 19 0 »M Walhl 0 11 0