STOCKS AND SHARES

Dominion, Volume 28, Issue 95, 16 January 1935, Page 12

STOCKS AND SHARES

Wellington Market Firm YESTERDAY’S QUOTATIONS There was more activity on the Wellington stock and share market yesterday with values ruling firm. Government loans were in strong demand, with a hardening tendency and very few sellers. Banks were more active. Australasias sold at £ll/10/6, National of New Zealands at £3/11/3, New South Wales at £3l/10/-, and New Zealands late on Monday at 49/3. Holders of New Zealands were asking 49/6 yesterday, 2d. up on Monday, while Reserve Banks were wanted at £6/11/9, sellers holding for £6/13/-, an advance of 6d. on both Quotations. Insurance shares were in more demand, National of New Zealand being wanted at 21/9, New Zealands at £3/8/6, and South British at £4/16/9, with no sellers in the market. New Zealand Refrigerating, £1 paid, sold at 21/3, with late buyers offering 21/- and sellers holding for 21/4, while the 10/- paid were wanted at 10/-, sellers asking 10/5. British Tobaccos were firmer with a sale at 40/2. In the mining section Big Rivers sold at 2/6, while Alexanders hardened, buyers raising their offers to 17/- and sellers holding for 18/-. Buyers of Waihis were offering 39/3, 3d. up on Monday, with sellers 6d. down at 40/-. The latest buying and selling quotations on the Wellington Stock Exchange yesterday were as follow: — N.Z. GOVT. LOANS. Buyers. Sellers. £ s. d. £ s. (1.

DEBENTURES.

Unofficial List

"B” £3/10/- — 3 10 0 t'Ex dividend. London Stock Exchange (British Official Wireless.) Rugby, January 14. The stock markets are idle. War Loan 3i per cent, is quoted at £lO9/10/-, but German and French bonds are slightly firmer. FREIGHT BY AIR New Guinea Service Approximately 12.000 tons of freight have been carried by air for the Bulolo Gold Dredging Company, Limited, New Guinea, according to a statement made by the chairman, Mr. O. A. Banks, at the annual meeting of the company. A recent accident caused by the shifting of cargo as a machine was leaving the ground was the first since the service was established in 1931. The operating cost of the service had been steadily reduced, and now the total cost, excluding amortisation, was equal to about £l2/2/- in Australian currency a ton, on the basis of 300 tons a month.

4 p.c. Bonds, ex int., •tain 101 10 0 - 4 p.c. Bonds, 1946 .... 105 10 0 4 p.c. Bonds, 1949 ... 106 7 G • —— 4 p.c. Bonds, 1955 109 7 6 •—• 5 p.c. Rural Bonds, 1947 103 13 0 — 3i p.c. Ins. Stk., 1939-43 103 0 0 31 p.c; ditto, 1939-52 . 106 0 0 —- 31 p.c. ditto, 1938-43 .. 105 0 0 — 31 p.c. ditto, 1938-52 . 106 0 0 — 4 p.c. ditto, ex int., 1940 101 10 0 — 4 n.c Ins. Stock, 1946 105 10 0 — 4 p.c. ditto, 1949 106 7 6 5 p.c.' ditto. 1955 .... 109 7 6 109 15 0

Wanganui Hosp.. 6$ p.c., 1943 Napior Boro., 4| p.c., 1QS.Q - 111 10 0 106 10 0 W'gtn. Gas Co 104 5 0 — Amid. Brick, Wgtn. .. —— 103 0 0 Ditto, Auckland ... —- 103 0 0 Wright, Stephenson, 5 p.c. 98 10 0 —

BANKS. 11 7 6 11 12 G Comrcl. of Aust., ord. •0 10 3 —• Comrcl. Banking Co., Sydney — 18 0 0 Eng., Scot, and Aust. 5 0 6 o 2 6 National of N.Z ■ —— 3 13 0 New South Wales ... 31 0 0 31 17 G New Zealand /... 2 9 2 2 9 6 Ditto, D long term —— 111 9 Reserve Bank of N.Z. 6 11 9 G 13 0 Union of Aust ♦9 0 0 9 4 0 FINANCIAL. Goldsbrough, Mort and Co , —•. National Mortgage, A — 3 O 0 N.Z. Guarantee Corp. — 0 8 0 N.Z. Loan and. Merc., ord. stock 54 0 0 Wgton. Trust, Loan .. Wgton. Dep. and Mtge. — 0 0 0 0 4 0 GAS. GUborne ... Wellington, ord —— 0 12 3 2 2 0 2 3 9 INSURANCE. National of NX 1 1 9 ■ New Zealand 3 8 0 South British 4-16 9 —• MEAT Goar Meat ........... — 1 3 O N,Z. Refrig.. £1 paid Ditto, 10/- paid .. *1 1 0 1 1 4 »0-10 0 O 10 5 Southland — 4 O 0 Wgtn. Meat Exp., pref. 1 7 3 TRANSPORT. Union Steam, pref. .. 1 7 'J — P. and O. Defd. Stock 1 0 3 WOOLLEN. Kaiapoi, paid Wellington, ord 0 15 5 12 0 G Ditto, pref 5 12 0 COAL Westport 1 1 9 Westport-Stockton ... — 0 2 9 TIMBEK. Kauri 0 18 3 0,19 Q National Oil5 b Taupo Totara, pref. .. 0 19 0 Rotoiti 0 4 3 —- BREWERIES. M.3. Breweries 2 12 1 1 12 9 Staples and Co 1 13 0 Tooth and Co — 2 11 9 Toohevs .—■ 1 10 3 Queensland 1 7 6 1 8 3 Sunshine, contrlb. ,., 0 2 6 — MISCELLANEOUS. British Tobacco, Aust. 1 19 0 0 3 Burns, Philp and Co. 3 1 0 Colonial Sugar 42 10 0 Consol. Brick and Pipe —— 0 10 6 Dental & Medical Sup. 0 8 6 D.I.C., paid 0 13 0 Ditto, contrlb 0 10 6 0 13 3 Ditto, pref 1 7 3 Dunlop Perdriau 1 0 0 Electrolytic Zinc, ord. —. 1 3 0 Ditto, 8 p.c. part pref —- 1 13 3 Henry Jones Co-op. .. 1 15 0 Howard Smith, ord... 0 16 D N.Z.' Newspapers .... 111 6 1 13 •> Wgtn. Queen’s Theatre 0 17 0 1 0 b Wilsons (N.Z.) Cement 1 10 G __ Woolworths (N.Z.) ... S 0 0 — Gates. Ltd Assoc. News 0 5 0 —— 1 3 Claude Neon Lights . 2 14 0 — Aust. Glass 3 0 0 3 0 National Electric 0 10 6 0 12 G OIL. Taranaki — 0 1 0 MINING. Alexander, contrib. .. 0 17 0 0 IS 0 Big River 0 6 Consol. Goldfields .... 0 17 G Gillespie’s Beach 0 1 5 Golden Sands — 0 9 King Solomon 0 4 0 Mount Lyell 0 10 9 0 17 Walhi 1 19 o 0 0 Waihi Grand Junction 0 4 7 Mossy Creek 0 2 3 —— Bulolo — 9 J 0 •Cum dividend.

Buyers. £ s. d. Sellers. £ 8. d. WoolwOrths Ltd., ord. 4 3 9 4 5 0 National Tobacco .... |3 11 (i Ditto, B pref __ 2 3 0 Maori Gully .......... 0 15} 0 1 Denhard Bakeries, pref. OJ8 (i 1 1 0 Procera Bread, vendor 0 15 6 Wairarapa Frozen Meat 1 7 c Metters N.Z., Ltd. .... 0 4 9 Frozen Products 0 9 0 0 11 9 Kilbirnle Theatre .... 0 15 0 FTnrs. Co-op. Dist.,