WELLINGTON STOCK EXCHANGE

Dominion, Volume 21, Issue 290, 7 September 1928, Page 14

WELLINGTON STOCK EXCHANGE

YESTERDAY’S BUSINESS AND PRICES At the afternoon call yesterday sales were reported of 4) per cent. Government bonds at £99 55., National Bank of Australasia (£5 paid, two parcels), at £9 95., New Zealand Breweries at 495. 6d., Colonial Sugar at £63, and Mount Lyell Mining at 345. 9d. There was a fair demand for Government* bonds, with buyers of the 4i per cents, at £99, and the 51 per cents, at £lOl 2s. Cd. New Zealand Breweries bonds were wanted at 245. Bank shares were in poor demand, but prices remain firm. There were buyers of Australia Bank of Commerce at £33 10s., National Bank of Australasia, £lO paid, at. £lB 195., and £5 paid at £9 Bs. 6d. Sellers quoted £l5 Is. for Bank of Australasia. 31s. for Commercial Bank of Australia, £7 4s. for National Bank of New Zealand, and 61s. 9d. for Bank of New Zealand. There was a demand for National Mortgage at SOs. 6d. and for N.Z. Loan and Mercantile at £llO. N.Z. Guarantee and Corporation, preference, were wanted at 215., and New Zealand Investment at 9s. 6d. Gas shares were steady, with bids of 245. lid. for Christchurch Gas, 9s. 6d. for Gisborne Gas, and 17s. for Wellington Gas. preference. Gear Meat were firm at 40s. fid. Huddart-Parker preference were wanted at 21s. 3d., cum. dividend and Union Steam at 20s. 6d. Wellington Woollen shares were firm, the ordinary at. £6 10s., and the preference at £6 Ils. Westport Coal were steady at 30s. 4d. There were buyers of National Timber at 7s. 6d., New Zealand Breweries at 495., British Tobacco at 43s 6d., Colonial Sugar at £62. Heury Jones Co-op. at 375.: Howard. Smith at Ofis 3d New Zealand Drug at 71s. cum. dividend, N.Z. Farmers’ Fertiliser at. £4 , 45., Sharlund ami Co. at IBs- Bd-, Waira-

rapa Farmers’ preference at Bs., and Mount Lyell at 345. Yesterday’s buying and selling quota-

tions were as under: — Buyers. Sellers. N.Z. GOVT. LOANS— £1 s. d. £ 8. a. 4i p.c. Ins. Stk., 1938 99 7 6 51 n.e. ditto, 1933 ... 101 10 0 fll n.c. ditto, 1936 ...101 0 0 5} p.c. ditto, 1941 ... 99 0 0 99 7 6 51 p.c. ditto, 1932 ... 99 6 5 p.c. P.O. ditto. 1929 100 0 0 11 p.c. Bonds, 1941 ... 99 0 0 99 —— 4i p.c. ditto, 1939 ... 99 0 0 6 41 p.c. ditto, 1938 ... 54 n.c. ditto. 1933 and 99 0 0 99 0 1936 101 2 6 — DEBENTURES— N.Z. Breweries (Inscribed) .1. 4 0 Ditto (bonds) 1 4 0 1 4 BANKS— Australasia —— 15 1 0 Australian Bank o£ Commerce 1 13 10 — Commercial of Aust. 11 (ord.) —— X 0 National of N.Z —— 4 4 0 National of Australasia 19 (£10) 48 0 6 Ditto (£5) 9 8 6 9 9 New Zealand — 0 1 9 financial— National Mortgage .. 4 a 6 *— N.Z. Guarantee Corp. (pref.) 1 1 0 — N.Z. Invest.. Mortgage and Deposit 0 9 6 — N.Z. Loan and Mere. Agency Co 110 0 0 —- GASChristchurch 1 4 11 1 5 6 Ditto (eontrib.) 0 42 6 — Gisborne 0 9 6 —. Wellington (pref.) ... 0 17 0 — INSURANCENational — o 16 i South British ....... —— o 3 MEAT PRESERVING— Gear 2 0 6 N.Z. Rcfrigerat. (10s.) —• 0 9 6 Well. Meat Export 6 (pref.) — 1 TRANSPORT— lluddart-Parker (pref.) 1 1 3 Union Steam (pref.),.. 1 0 6 1 1 1 WOOLLEN— 6 Wellington (ord.) ... 10 0 •—■ Wellington (pref.) ... 6 11 0 — COALWestport 1 10 4 1 11 0 Waipa — 0 14 0 TIMBER—. 6 National 0 7 0 10 0 BREWERIES— New Zealand 9 0 MISCELLANEOUS— . British Tobacco (Aust.) ( .rd.) 2 0 6 — Burns, Philp, and Co. 62 «* 5 9 Colonial Sugar 0 0 Henry Jones Co-op. . 1. 6 Howard Smith (ord.). 1 o N.Z Drug Co 0 11 0 N.Z. Farmers’ It er4 tiliscr 4 0 — Sharland & Co. (pref., 0 19 9 — t Wairarapa Farmers (pref.) 0 s 0 0 13 0 MINING— Mount Lyell 1 14 0 1 15 3