STOCKS AND SHARES

Dominion, Volume 27, Issue 59, 2 December 1933, Page 10

STOCKS AND SHARES

Strong Market Yesterday A FIRMER TENDENCY There was again a very firm tone in ihe Wellington stock and share yesterday. The actual business reeorde was small, but there was a strong; deniand with comparatively few sellers ; shOTUn Racing Club debentures advanced a/- to were rather quiet, with little River Plates' moved up 9d. to -a/o. Insurance shares showed a 1 p’ tendency, with a marked ““‘ clt y f ““ crs . Queensland sold ,or. R)/ 6 and New Zeal'ands to 56/3 South British were 6(1. better nt io/-. ahd Stan dards advanced to 60/J. demand for mining shares. WELLINGTON EXCHANGE Latest Quotations mho latest buying and selling quotations on the Wellington Stock Exchange yesterday were as follow:—

GOLD-MINING SCRIP Stock Exchange Protest The question of delay on the part of certain gold-mining companies in issuing scrip certificates to shareholders was discussed at a meeting of the Wellington Stock Exchange yesterday. The following resolution was carried unanimously: That the Wellington Stock Exchange enters a strong protest against the unnecessary delay by certain goldmining companies (two of which were named) in issuing scrip certificates to shareholders; and that the committee of the Stock Exchange which listed these companies be asked to remove their names from the Official List of quotations unless certificates, as prescribed in the .listing requirements, are issued at once. The opinion was expressed that it was a waste of time and money in printing the listing requirements if companies, when listed, disregarded the conditions of listing and were permitted to do so by the Stock Exchange which granted listing. Share certificates should be issued promptly, once a company had gone to allotment and the certificates should be for 100 shares, as provided, for in the leqqiremente.

N.Z. GOVT. LOANS. Buyers. £ s d Sellers. £ a d 4 n.c. Bonds, 1046 .... 101 IP 0 4 p.c. ditto, 1940 .... 100 lo Rural Advance Bond . — 0 96 15 0 ;;j p.c. Ins. Stk., 1939-43 100 lu 34 p.c. ditto. 1938-43 .. 100 lo 4 n.c. ditto, 1040 .... 101 In 0 0 0 102 5 0 4 inc. ditto. W40 .... 101 7 6 4 p.c. ditto, 1949_ .... 100 14 p.c, ditto. 1955 .... 6 102 5 0 DEBENTURES. Wairere E.P. Bd., 6 p.c., -100 10 0 Waitomo County C., 0 n o 1901 — 102 10 0 Napier Boro.; oj p.c-, 96 0 0 Wgtn Gas" Co 102 0 0 — Wgtn. Racing Club .. 90 o 0 BANKS. Australasia ... 12 15 Comrcl. of Aust., ord. .. O 8. ling., Scot, and Aust. .. 5 11 National of N.Z. ...... 4 - 0 0 4 ~4 0 National of Australasia, £10 paid ~ Ditto, £5 paid ... — G 12 0 New South Wales _ — 9 33 lo Ditto, D long term .... *1 12 0 9 18 0 FINANCIAL. 10 11 0 Goldsbrough Mort & Co. — 1 11 9 National Mortgage, A . 2 19 0 0 N.Z. Guarantee Corp., ord., cum rights .. us N.Z. Invest., Mort, and 3 Deposit 0 4 6 N.Z. & River Plate.... 1 .$ 9 —- Wgtn. Invest. T. & A. 0 6 General Finance Ltd. .. 0 0 17 0 GAS. ■ "■ AU Ditto, contrib 0 17 0 0 17 8 0 Wellington, ord — 1 14 INSURANCE. National of N.Z. 0 19 0 — 3 0 — South British 3 15 0 — 0 ■ - MEAT. 1 13 Gear Meat, cum rights — 3 N.Z. Refrig., 10/- paid . 0 9 8 O 10 0 Wgtn. Meat Exp., ord. — 0 6 0 TRANSPORT. Union Steam, pref. ... 1 4 6 — WOOLLEN. 5 13 6 COAT,. Kaitangata, fully paid — 1 6 0 Pukemiro o u* 9 —• Westport-Stockton, pref. 0 2 3 TIMBER. 6 Kauri *0 15 6 faringamutu Totara .. 0 2 6 — 6 w — BREWERIES. 9 N.Z. Breweries ....... *1 16 9 1 17 Tooth & Co. . — 2 1 9 MISCELLANEOUS. British Tobacco, Aust. . 1 10 9 1 17 6 Burns, Philp A Co. ... — 2 14 0 Colonial Sugar 60 a 0 — Dominion. Investments 1 10 Donaghys Rope and 0 — Twine 2 5 0 DTE ord 0 14 0 —- Electrolytic Zinc, 8 p.c., 5 Farmers’ Co-op. Aust’g. 3 16 0 — Henry Jones Co-op. .. — fl 13 6 N.Z. Drug 3 12 10 3 13 N.Z. Paper Mills 1 8 0 — Prestige N.Z. Ltd., pref — I 2 0 Sh-arland <fc Co., ord. ..1 2 6 —— Ditto, pref 1 2 9 — IVilsons Cement 1 6 0 ——■ Woolworths N.Z., ord. 4 12 6 •— Dominion Fertiliser .. 0 16 0 0 16 9 Northern Roller Mills . 1 8 9 —— 0 - OIL. 6 0 3 6 0 O 5 0 Taranaki — 0 2 6 MINING. Alexander, fully paid . 0 18 0 Ditto, contrib — 0 17 6 Bell Hooper 0 0 10 0 1 0 Bell Kilgour O 1 1 0 1 3 Big River 0 0 114 0 1 1 Consol. Goldfields .... — 0 18 0 Gillespie’s Beach — 0 2 1 Golden Dawn ........ 0 1 6 0 2 King Solomon f0 3 0 0 3 3 Mataki — 0 1 9 Mount Lyell .......... *1 2 3 N oko in a I ............ 0 2 11 0 3 n Okarito , 0 10 0 Waihi J 6 Walhl Grand .Tunc. ... <> 4 Q 0 4 4 •Cum dividend. tEx dividend. Unofficial List Buyers. Sellers. £ B d £ s d 6 Glaxo Mfg., pref — X 2 Trl-Col. Films, 12/- pd. 0 12 6 1 0 0