STOCKS AND SHARES

Dominion, Volume 27, Issue 190, 10 May 1934, Page 12

STOCKS AND SHARES

Active Trading Yesterday market very firm Business was active on the Wellington stock and share market yesterday, 20 X to? recorded. Price;, notably of Government stocks and a few shares were very firm, and the market generally showed a hardening ! en^ e “ c ’’ 1 Government loans were again a strong market, and were actively traded at advanced rates. -The Si per cent. ■ 1939-43, sold at and th ® 1938-52 maturity at-£lO4/11/6. lhe 4 per cent, stock. 1940, was done at £lO4 17/6 the 1949 maturity at £lO4/10/-. and the 1955 at £lO6/15/-. . No marked change was seen in tM bank section. New Zealands advanced to a sale on ’change at 51/3 and more were wanted at that figure, sellers moving up to 52/-. The D long term mortgage shares sold firmly at. 34/4. New South Wales sold at £33/5/-. and Commercial of Australia at 16/11. New z ® ala Guarantee Corporation were firmly traded at 4/3. Auckland Gas sold at 25/6. and Wellington Gas at 37/6. Insurance shares showed a further hardening tendency. Nationals sold at a new high level of 20/-. Sellers stayed at that price, buyers offering 19/11. fcew Zealands at 60/-. Queenslands at 68/6, South British at 78/6. and Standards at 61/3. were firmer, but sellers stayed out. Gear Meats made a sharp rise, and sold at a new peak level of 29/-. Southlands were firmer at 63/-, and New Zealand Refrigerating were steady, with no sellers offering. Coal and brewery shares were strong. Miscellaneous shares were firm at about late rates. Colonial Sugars were sold at £64/7/6 and £64/10/-. buyers staying in at £64. New Zealand Drugs were a shade up at 74/3. Mining shares were very dull. ' WELLINGTON EXCHANGE Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follow:—

Okarito Gold Dredge The Okarito Five Mile Beach Gold Dredging Co., Ltd., has issued the following report covering operations from March 25 to April 21: —Total gold won, llloz. llrlwt. Total time worked, 473 hours. Total non-working time, 100 honrs? Total yardage treated, 25,400. an average of 54 cubic yards per hour. Average value of ground (on basis of gold worth £4 per ounce), 4Jd. per cubic yard.

N.Z. GOVT. LOANS. Bnyers. £ 8. (1. Sellers. £ 8. d. 4 p.c. Bonds, 1910 .... 104 10 0 —— 4 p.c. ditto, 1946 .... 104 10 0 —— 4 p.c. ditto, 1949 .... 104 5 0 4 p.c. ditto, 1955 .... 105 10 0 •—• 5 p.c. ditto Rural, 1947 101 0 0 3J p.c. Ins. Stk., 1939-43 103 10 0 31 p.c. ditto, 1939-52 .. 104 10 0 — 3$ p.c. ditto, 1938-43 »,. 103 12 6 — 34 p.c. ditto, 1938-52 .. 104 10 0 105 —— 4 p.c. ditto, 1940 .... 104 12 6 5 0 4 p.c. ditto, 1946’.... 104 10 0 — 4 p.c. ditto. 1949 .... 104 5 0 4 p.c. ditto, 1035 .... 105 10 0 — debentures. Dunedin City 101 10 0 —— Wellington City 101 0 0 —- Makerua Dge. Bd., 6 102 p.c.. 1046 — 6 0 Sluggish River, 5} pc., 101 1944 — 10 0 Gisborne Gas 80 0 0 —— - Wgtn. Gas Co 101 0 0 — Wgtn. Racing Club .. 100 0 0 — Amid. Brick and Pipe, Wellington —— 00 10 0 Kelburne Tramway .. 102 0 0 — BANKS. I't Australasia —— 12 10 0 Comrcl. of Aust., ord. 0 16 9 0 10 11 Comrcl. Bankg. Co., Sydney 17 17 0 18 2 0 Eng., Scot, and Aust. 5 6 0 4 —— National of N.Z. —— 5 0 National of Australasia, £5 paid *6 6 0 6 9 0 New South Wales .... *33 0 0 33 10 0 New Zealand Ditto, "D” long term •2 11 3 2 12 0 *1 14 3 1 14 6 Union of Aust. ...... 9 19 0 1.0 0 0 FINANCIAL. Goldsbrough Mort and 3 Co 1 13 1 14 0 N.Z. Guarantee Corp. 0 4 0 4 3 Wgtn. Invest., T. & A. 0 6 6 —— Wellington Trust Doan 4 15 0 . 5 10 0 Wright, Stephenson, pref. 0 IS 0 — GAS Auckland 1 5 5 —— Ditto, contrib — 0 18 9 Gisborne 0 6 9 ——■ 10 Wellington, ord 1 17 3 1 17 INSURANCE. National of N.Z. ...... •0 19 11 1 0 0 . New Zealand 3 0 0 —— Queensland 3 8 6 ■ South British 3 18 6 — Standard 3 1 3 — meai c. Gear Meat 1 8 4 1 9 0 N.Z. Betrig., £11 paid.. 0 17 11 Ditto, 10/- paid ... 0 8 6 Southland 3 3 0 — TRANSPORT. Kelburne Tramway , 1 3 9 — i WOOLLEN. Kaiapol, fully paid ... WMI 0 10 3 Ditto, contrib 0 3 3 5 5 0 5 11 0 COAX.. Pukemlro 1 4 3 1 5 6 Westport 0 15 0 0 15 0 TIMBER. Kauri — 0 17 6 Leyland-O'Brien 1 1 6 1 Z 3 BREWERIES. Carlton 2 5 0 6 6 N.Z. Breweries 2 2 0 JW 2 8 Staples and Co —— 1 8 6 Tooth and Co 2 4 6 2 4 9 Tlmaru, contrib 0 4 10 0 u 9 MISCELLANEOUS. British Tobacco, Aust. —— 1 17 0 Colonial Sugar .. .. 04 0 0 04 17 6 Dominion B'ertiliser . — 0 18 0 D.I.C., ord. 0 14 0 — Ditto, pref 1 1 9 — Dunlop Perdriau .... 0 18 7 —— Electrolytic Zinc. 8 p.c part pref Farmers* Co-op. Auct. — 1 14 1 3 0 0 3 5 0 N.Z. Drug 3 14 3 N.Z. Farmers' Fertiliser Or 17 9 0 18 6 N.Z. Newspapers 1 8 0 Prestige. N.Z., pref. .. 0 18 4 0 19 e Sliarland arid Co., ord. ♦1 4 0 —— Wgtn. Queen's Theatre —— 1 0 9 Wilsons N.Z. Cement •1 7 3 Woolworths N.Z., ord. 5 12 6 —— Dominion Rubber .... 1 4 9 N.Z. Malay Rubber, pref —• 1 1 0 Northern Roller Mills. 1 10 0 — OIL Taranaki 0 2 0 MINING. Alexander, fully paid —— w 0 17 6 Ditto, contrib —— 0 15 3 Beil Hooper 0 0 9 — Big River 0 0 7 0 0 JI Consol. Goldfield* «•.. —-» 1 0 0 Gillespie's Beach ..... — 0 2 0 Golden Point 0 0 —• King Solomon ...... 0 4 3 0 4 0 Mahakipawa ........ 0 0 9 Mount Lyell — 3 1 3 Nokomai 0 2 0 3 0 0 8 3 —— Waihl 1 14 6 — Waihi Grandi Junction 0 4 8 0 5 0 Skippers, 1/- paid ... — 0 1 1 Ditto, 9d. paid ... —— 0 0 10 Deen Lead 0 2 0 —• •Cum dividend. Unofficial List — — Bnyers. Sellers. £ s. d. £ s. d. Trn Colour Films, veudor shares —— 0 Ditto, 12/- paid ... — 1 0 0 / Woohvorths, Ltd., ord. — 6 0 0