STOCKS AND SHARES

Dominion, Volume 28, Issue 114, 7 February 1935, Page 12

STOCKS AND SHARES

Wellington Market Active PRICES 'FULLY FIRM Except f.or Government loans and miscellaneous "trading and industrial issues, the demand was quiet on the Wellington Stock Exchange :yesterday. Prices, however, were fully firm, and there was again active trading, particularly in bank Offers for Government loans showed little change, and sellers showed no concessions. The 4 per cent, stockj 1900, was traded at ’£lo9/5/-. There was no demand for local body or company debentures. Waitaki Power, Board 4} per cents., 1960, sold at £lO5. Banks were a firm market, and had a good turnover. Australasias were reported done at £ll/12/6. National of Australasia £5 paid had three sales at ib 9/-, New Zealand D mortgage sold at 32/4, and Unions at £B/19/-. New Zealand Guarantee Corporations were firm on sales at 6/-. ... . , Breweries showed a hardening tendency. New Zealands sold at 52/-, and Tooheys moved up 3d. to 29/3. In ■ the miscellaneous section prices were well maintained. Colonial Sugars were reported sold at £42. Woolworths (N.Z.) ordinaries were strong at £9/10/-. sellers asking £lO/10/-. The latest buying and selling quotations on the Wellington Stock Exchange yesterday were as follow : —

Unofficial List

DOWNWARD TENDENCY Sydney Stock Exchange Prices By Telegraph.—Press Assn. —Copyright. (Received February 0, 9 p.m.) Sydney, February 6. A downward tendency in the investment section on the Sydney Stock Exchange was more noticeable in a comprehensive range of stocks to-day. _ No pronounced selling pressure was evident, but buyers were inclined to move more slowly in view of the drift of the Commonwealth oversea trade .balance, and the possibility that corrective measures may be taken. Government securities weakened. Sales: —Bank of New South Wales, £32; Commercial Bank of Sydney, £l7; Howard Smith, 16/104; . Burns, Philp, 64/-; Australian Gas, A, £B/2/-. British Tobacco, 39/3; Tooths, 50/9; Dunlop Perdriau, 19/6; ditto, pref., 38/9; Goldsbrough. Mort, 29/6; Henry Jones, 37/1}; David Jones, 40/3; Victoria Nyanza Sugar, 5/3. Australian Iron and Steel, pref., 24/-; Euratha Gold, 6/5; Rawang Tin, 8/2; Larut Tin, 12/6; Malim Nawar Tin, 13/-. Commonwealth Bonds, 4 per cent., 1938, £lO4/3/9; 1941, £lO5/12/6; 1947, £lO9/10/-; 1950, £lll/5/-; 1901,, £lll. Morning sales included:—Commonwealth Bonds, 3} per cent., 1948, £lO2 12/6; 4 per cent., 1938, £lO4/5/-; 1941, £lO5/16/3; 1961, £lll/10/-; Bank of New South Wales, £3l/17/6; Tooths. 50/9; Anthony Hordern, pref.. 26/3; Associated News, 24/-, pref.. 24/1}; British Tobacco, 39/1}; Broken Hill Proprietary, 53/3; Colonial Sugar. £4l/17/6; Dunlop. 19/6; Dustre, pref.. 29/6; Wilcox Mofflin. 10/-. Melbourne, February 6. Sales on the Melbourne Stock Exchange to-day included: —Commercial Bank of Australia, 17/-; Electrolytic Zinc, 21/7; Goldsbrough Mort, 29/6; National Bank of Australasia, £5 paid, £6/8/-; Mt. Dyeil, 17/9.

N.Z. GOVT. LOANS. Buyers. £ s. d. Sellers. £ s. d. 4 p.c Bonds, 1946 .... 106 a 0 107 5 0 4 "p.c. ditto, 1949 . 106 15 0 107 0 4 n.c. ditto. 1055 .... 109 0 0 —— 5 p.c. Rural Bonds. 1947 104 12 6 — 31 p.c. Ins. Stk.. 1939-43 lot; 0 0 107 34 p.c. ditto, 1939-52 .. 106 5 0 7 G 34 P.c. ditto, 193S-43 .. 106 10 0 107 5 0 34 p.c. ditto, 1938-52 .. 106 a 0 103 —— 4* p.c. ditto. 194(1 .... 103 0 0 10 0 4 p.c. ditto, 194G .... 106 7 6 •— 4 p.c. ditto. 1949 .... 106 10 0 — 4 p.c. ditto, 1955 .... 109 0 0 “7 debentures. Chch. City, 54 p.c., 1944, 105 cum conver — 0 0 Napier Boro., 4i p.c., 1958 — 105 15 0 Amid. Brick. Wgtn. .. — 102 10 0 Ditto, Auckland .. — 102 10 0 BANKS. 14 Australasia — 11 0 Comrcl. of Aust., ord. *0 16 7 0 1G 10 Comrcl. Banking Co., 5 Sydney 17 0 Eng., Scot, and Aust. 5 1 0 3 0 National of N.Z —— 3 12 6 National of Australasia 10 £10 paid —— 13 0 Ditto, £5 paid .... 6 8 0 6 9 0 New South.Wales .... ‘31 a 0 31 11 6 New Zealand 10 0 10 9 Ditto, D long term 1 12 0 1 12 9 Reserve Bank of N.Z. —. 6 13 0 Union of Aust 8 18 0 S 19 0 FINANCIAL. Goldsbrough, Mort and 9 Co — 1 9 N.Z. Guarantee Corp. 0 a 11 0 6 1 GAS Auckland 1 6 6 0 Gisborne —— 12 3 Wellington, ord a. 0 —■ Ditto, pref 1 5 0 — INSURANCE. National of N.Z 1 2 7 — New Zealand —- ♦3 ID G South British — 4 18 0 MEAT. Gear Meat —— 1 N.Z. Refrig., 10/- paid —: to 10 0 TRANSPORT. Huddart, Parker, pref. 1 7 0 — COAI 3 Pukemiro 1 6 —— Westport 1 1 9 1 3 0 TIMBER. Bartholomew 0 14 0 —— National 0 12 9 0 14 9 Taringamutu Totara .. 0 4 6 0 — Taupo Totara — i) 6 Rotoiti — 0 0 9 BREWERIES. Carlton 2 13 0 — N.Z. Breweries z 11 912 Tooth and Co —■ 2 11 3 Tooheys 1 9 3 1 10 3 MISCELLANEOUS British Tobacco .... — 1 19 4 Burns, Philp and Co. 3 Q 0 42 Colonial Sugar —— 0 0 Consol. Brick and Pipe 0 9 11 0 10 0 Dominion Fertiliser .. 1 1 3 — D.I.C., paid 0 13 0 — Ditto, coutrlb 0 10 6 0 13 3 Ditto, pref — 1 0 6 Dunlop Perdriau .... 0 19 o 0 19 4 Electrolytic Zinc, ord. 1 1 3 1 0 Ditto, 8 p.c. pt. pref. 1 13 6 — Howard Smith, ord. .. — 0 17 0 N.Z. Newspapers .... 1 14 9 •—• N.Z. Paper.Mills —— 1 15 6 Prestige N.Z., pref. ... 1 0 6 — Wilsons N.Z. Cement 1 13 0 —- Woolworths N.Z 9 15 0 10 10 0 Claude Neon Lights .. —— o 14 6 National Electric .... —— 0 10 6 Broken Hill Pty 2 12 11 o 14 0 United Provisions — 0 9 6 MINING. Alexander, contrib. .. 0 8 G Big River 0 2 3 0 o G Gillespies Beach .... 0 i 9 King Solomon 0 3 8 Matakl 0 1 8 0 o 3 Mount Lyell ........ — 4* 0 7 9 Okarlto 51 0 8 G Skippers 0 0 Waihi 1 9 9 Waihi Grand Junction 0 4 7 Mossy Creek 0 0 ‘Cum dividend. tEx dividend.

Buyers. Sellers. £ s. d. £ s. d. Woolworths Ltd., ord. 4 11 ti 4 12 0 National Tobacco 3 5 (1 3 9 0 Denhard Bakeries, pref. 0 18 0 1 1* 0 Metiers N.Z.. Ltd. .. 0 5 6 — Vacuum Products, 5/paid 0 3 6 0 5 0 Frozen Products .... 0 10 9 National Magazines, pref —— 11 2 6 N.Z. Woolpacks Ltd., £1 0 11 8 — fEx dividend.