STOCKS AND SHARES

Dominion, Volume 28, Issue 120, 14 February 1935, Page 12

STOCKS AND SHARES

Wellington Market Quiet PRICES MOSTLY STEADY Minor fluctuations in prices were seen on the Wellington Stock Exchange yesterday, the'markets generally being quietly steady. Government loans were mostly firm, Rural Bonds being marked up to £lO4/15/-. The 4 per cent, stock, 1955, sold at £lO9/2/6, and the 3$ per cent, stock, 1938-52, at £lOl, Quotations for banks were mostly on the sellers’ side of the list with a slight easing. Commercial of Australia wore n penny better at 16/4, sellers holding for 16/8. New South Wales were easier on a sale at £3O/15/-, and buyers dropped their bids to £3O. New Zealand Insurance weakened to 67/4,_ sellers bb/A following payment of the dividend. Carlton Breweries were 6d. up at 03/b, no sellers. There was a slightly improved demand for miscellaneous industrial and trading issues, quotations showing little change. Wilsons Cement were firmer at 33/9, and Electrolytic Zinc, preference, sold 3d. up at 34/3. Mining shares were very quiet. WELLINGTON EXCHANGE Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follow:—

Unofficial List

Base Metals Market By Telegraph.—Press Assn. —Copyright. (Received February 13, 8.45 p.m.) London, February 12. The official London (middle) quotations for Tuesday, as reported by the Australian Mines and Metals Association, compare as under with those previously

N.Z. GOVT. LOANS. Buyers. £ s. d. Sellers. £ s. d. 4 p.c. Bonds, 1937-40 .. — 103 10 0 4 p.c.- ditto. 1943-40 .. 106 5 0 —— 4 p.c. ditto, 1946-49 .. 107 10 0’ —— 4 p.c. ditto, 1952-55 .. 5 p.c. Rural Bonds. 1947 109 0 0 —— 104 15 0 3J p.c. Ins. Stk., 1939-52 100 15 0 •— 34' p.c. ditto, 1938-52 .. 106 15 0 103 —— 4 p.c. ditto, 1937-40 .. 102 0 0 0 0 4 p.c. ditto, 1943-46 .. 106 10 0 •—— 4 p.c. ditto, 1946-49 .. 107 10 0 — 4 p.c. ditto. 1952-55 .. 109 0 0 — DEBENTURES. Napier Boro., 4i p.c., 1958 — 105 15 0 Makerua Dge., 4J p.c., 101 1945 100 0 0 0 0 Amid. Brick, Wgtn. .. — 102 0 0 Ditto, Auckland .. •— 102 0. 0 Wright, Stephenson. 5 p.c 99 0 Gisborne Sheepfarmers N.Z. Farmers’ Co-op. 102 10 0 •—• 85 4} p.c., 1940 — 0 0 BANKS. Australasia — 11 12 6 Comrcl. of Aust., ord. 0 16 4 0 16 8 Commercial Banking Co., Sydney — 16 15 0 Eng., Scot, and Aust. —— 1 0 National of N.Z 3 12 0 National of Australasia, £5 paid •— 6 10 0 New South Wales ... •30 0 0 30 12 6 New Zealand —— 10 6 Ditto, D long term —— 1 12 3 Reserve Bank of N.Z. — 6 11 6 Union of Aust. — 8 19 6 FINANCIAL. Goldsbrough, Mort and Co National Mortgage, A *2 14 0 3 1 0 N.Z. Guarantee Corp. 0 5 10 0 6 3 N.Z. Loan and Merc., ord. stock 40 0 0 —— N.Z. and River Plate . — 0 19 0 Wgtn. Dep. and Mtgc. 0 4 6 —— Wright, Stephenson, 1 pref — 0 9 GAS Auckland 1 7 3 —— Christchurch 1 14 3 1 15 3 Gisborne —— 0 12 it Wellington, ord 2 2 0 2 4 0 Ditto, pref. 1 5 0 — INSURANCE. 9 Aust. Prov. Assce —— 0 10 National of N.Z 1 2 9 1 3 New Zealand f3 7 4 3 8 Queensland 3 • 1 0 South British — 4 17 6 MEA1 f. Gear Meat 1 1 9 1 2 Q N.Z. Refrig., £1 paid 0 19 6 0 19 9 Ditto, 10/- paid ... —— 0 9 8 Southland 3 15 0 — TRANSPORT. Huddart, Parker, ord. •1 17 6 1 18 6 COAL. Taupirl 0 17 0 —— Westport —• 1 3 Westport-Stockton — 0 3 0 TIMBER. Bartholomew ■ 0 14 9 Kauri 0 19 2 1 0 3 Leyland-O’Brien — 1 2 0 National — 0 15 0 Taupo —— 0 5 6 Rotoitl 0 4 9 0 5 9 Taringamutu Totara .. — . 0 7 0 BREWERIES. Carlton 2 13 6 —— N.Z. Breweries — 11 6 Staples and Co. —— 1 12 6 Tooth and Co — o 9 0 Tooheys — 1 10 0 MISCELLANEOUS. Aust. Glass —— 3 4 6 British Tobacco — 1 18 6 Broken Hill Pty —— Z 13 6 Colonial Sugar. 41 0 0 41 15 0 Consol. Brick and Pipe — 0 10 0 Dental & Medical Sup. 0 10 3 —— Dominion Fertiliser . 1 1 3 ——. D.I.C., paid 0 13 0 —— Ditto, contrib 0 10 6 0 13 3 Ditto, pref 1 6 9 Dunlop Perdriau .... 0 18 10 0 19 2 Electrolytic Zinc, ord. Ditto, 8 p.c. pt. pref. — 1 2 6 •1 14 0 1 14 6 Henry Jones Co-op. .. 1 16 9 1 17 6 Howard Smith, ord. .. 0 16 0 0 17 0 Mount Lyell 0 17 6 0 18 0 N.Z. Newspapers .... — 1 15 t» N.Z. Paper Mills —— 1 15 6 Prestige N.Z.. pref. ... 1 0 6 ——• Wellington Cordage . 0 8 0 0 11 0 Wilsons N.Z. Cement 1 13 9 Nth. Broken Hill .... 5 2 6 National Electric .... 0 10 9 MINING. Big River 0 2 5 Brian Boru — 0 0 7 Consol. Goldfields ... —— 0 16 6 King Solomon 0 3 9 0 4 0 Okarito —- •0 8 G Waihi 1 19 3 Waihi Grand Junction 0 4 7 0 4 0 Bulolo —— 9 0 0 Mossy Creek 0 2 0 0 z 6 Maori Gully —— 0 1 4 •Cum dividend. jEx dividend.

Buyers. Sellers £ S. d £ s. d. Woolwortha Ltd., ord. 4 11 6 4 12 0 National Tobacco 3 4 6 3 9 0 Frozen Products .... 0 11 6 0 15 0 Metters N.Z., Ltd 0 5 6 Argo Gold. 1/- paid .. — 0 17 Kllbirnie Theatre .... —- 0 15 0 Assoc. Mot. Petrol, 1 2 9 —— 1 Procera Bread, vendor 0 14 9 N.Z. Perpetual Forests 2 2 6 —— Fuller Haywards .... —— 07 0 0 Loyal. Ltd., ord —— 110 Brunner Collieries .. —— 0 4 0 National Magazines .. — 12 6

cabled Feb. 11. Per ton. Feb. 12. Per ton. Copper— £ ?. d. £ b. d,. Standard 27 8 9 27 6 3 Standard, forward 27 13 li 27 10 7* Electrolytic 30 10 0 30 5 0 to 30 15 0 30 15 0 Wire bars 30 15 0 30 15 0 Lead— Spot 10 7 0 10 7 0 Forward ........ 10 11 3 10 11 3 Spelter— Spot 12 0 0 Forward 12 3 9 —. Tin— ♦Spot 230 10 0 229 8 1) Forward 227 0 0 225 8 P Silver— Standard, per ox... 247-16d. 24 7-1 fid. Fine 263-Sd. 20 3-Sd.