STOCKS AND SHARES

Dominion, Volume 28, Issue 123, 18 February 1935, Page 12

STOCKS AND SHARES

Trading Less Active Last Week AN EASIER TENDENCY A decidedly easier tone developed in the Dominion stock and share markets last week, notably in banks, insurances and Australian trading and industrial issues, the latter reacting to the pronounced weakness in the Australian markets. All the metropolitan exchanges were quiet, and the recorded turnover showed a falling off. c Government loans maintained a firm tone, but business was not very brisk. There was very little doing in local body and company debentures. Bank shares all showed an easier tendency. New Zealands opened at 00/D and declined during the week t® 49/9. The D mortgage shares sold at 32/6 and 32/-. National Bank of New Zealand had a sale at 09/6, a decline of 1/6. Deserve Banks were 1/- down on sales at £6/11/- and £6/10/-. Commercial of Australia eased on sales from 10/< to 16/4, the preference being placed at iV 17/6. E.S. and A.’s were sold at £o and £4/19/-. New South Wales opened at £3l/10/-, and except for a sale at £3l 12/6, eased to £3O/15/-. Australasias sold at £ll/12/6. National Bank of Australasia were done at £l2/17/6 and £l3, and the £5 paid at £6/7/- and £6 the insurance section, New Zealands weakened from 69/- to 67/-, od. above the latter price being paid on Saturday. Standards sold firm at 72/6 and Nationals at 23/1 and 23/2. In the pastoral and financial section Goldsbrougn Morte sold at 28/3 and New Zealand Loan and Mercantile® at £4o and id--10/-. New Zealand Guarantee Corporations sold at 6/- and 5/10. New Zealand Refrigeratings showed an easing tendency. Business in other sections was not very extensive. New Zealand Breweries eased from 51/6 to 50/6. In the miscellaneous industrial and trading section most Australian issues weakened. WELLINGTON EXCHANGE Saturday’s Quotations The latest buying and selling quotations recorded on Saturday on the Wellington Stock Exchange were as follow:—

Sydney Stock Exchange By Telegraph.—Press Assn.—Copyright. Sydney, February 16. Sales on the Sydney Stock Exchange this morning included the fo’lowiug:— Commonwealth Bonds, 3 per cent., 1948, £lOO/10/-; 4 per cent., 1944, £lO7 3/9; 1947, £lOB/7/6; 1950, £lO7/15/-; 1957, £lOB/2/0. Commercial Bank of Sydney, £l6/5/-; Tooheys, 29/-; Tooths, 48/3; Anthony Hordern, 17/9; Associated News, 22/9; ditto, pref., 23/3; Australian Glass, 60/6; Broken Hill Proprietary, 52/-; Dunlop Perdriau, 18/9; Howard Smith, 16/-; Lustre Hosiery, 26/9; Winchcombe Carson, 26/6. British Treasury Bills British Official Wireless. London, February 15. A total of £38,840.000 was applied for in tenders for £25,000,000 Treasury bills. The maximum amount was allotted in bills at three months. The average rate per cent, was 4/11.80d. compared with 4/8.23d. a week ago.

N.Z. GOVT. LOANS. Buyers. £ s. d. Sellers.’ £ s. d. 4 p.c. Bonds, 1943-36 .. flM 10 0 4 p.c. ditto, 1946-49 ..107 0 0 4 p.c. ditto, 1952-55 .. 109 5 0 5 p.c. Itural Bonds, 1947 — 106 0 0 3J p.c. Ins. Stk. 1949-52 106 15 0 31 p.c. ditto, 1938-49-52 106 15 0 4 p.c. ditto, 1937-40 .. — 102 15 0 4 p.c. ditto, 1943-46 .. 1104 15 0 4 p.c. ditto, 1946-49 .. 107 0 0 4 p.c. ditto, 1952-55 .. 109 10 0 - DEBENTURES. Napier Boro., 4J p.c., 1958 — 100 10 u Wright, Stephenson, 5 p.c. .. • 4 •. • 99 0 0 Gisborne Sheepfarmers' 102 10 0 Amid. Brick, Wgtn — 102 0 0 N.Z. Farmers, 4J p.c., ‘ 1940 — 85 O u ■ t BANKS. Australasia — 1111 0 Comrcl. of Aust., ord. — 0 16 6 Commercial Banking Co., Sydney — 16 10 (I National of N.Z — 3 11 6 National of Australasia, £5 paid — _ 6 9 u New Zealand 2 9 0 2 9 10 Ditto. D long term — 1 12 2 Union of-Aust. ...... — 8 18 O FINANCIAL. Goldsbrough, Mort and Co 18 0 1 8 0 National Mortgage, A — .. •3 1 0 N.Z. Guarantee Corp. 0 5 10 Wgtn. Invest., T. & A. _ — 0 10 6 Wgtn. Trust, Loan .. 5 9 0 GAS. Auckland • 17 3 Gisborne — _ 0 12 3 Ditto, pref 15 0 - — INSURANCE. Queensland — 3 0 0 South British — 4 17 0 MEAT. Gear Meat 1 1 10 N.Z. Refrig., £1 paid — 0 19 8 Ditto. 10/- paid- .. — 0 9 7 TBASSWRT. Huddart, Parker, ord. *1 17 0 1 IS WOOLLEN. Wellington, ord 5 15 0 Ditto, pref 5 15 0 — COAL. Westport 119 1 2 3 TIMBER. Kauri 0 19 3 1 0 0 National —■ O 15 6 BREWERIES. N.Z. Breweries — 310 10 Tooth and Co 2 8 0 2 8 6 Tooheys 1 9 6 MISCELLANEOUS. Aust. Glass — 3 3 0 Broken Hill Pty — 2 12 6 Colonial Sugar ..... — 41 10 0 Consol. Brick and Pipe — - 0 10 0 Dental & Medical Sup. 0 10 3 D.I.C., paid ......... 0 13 0 Ditto, contrib. .... 0 10 6 0 13 3 Dunlop Perdriau .... 0 18 6 0 18 9 Electrolytic Zinc, 8 p.c. part pref *1 13 0 Henry Jones Co-op.- .. — 1 17 6 Howard Smith, ord. .. 0 16 3 Mount Lyell 0 17 6 0 18 0 N.Z. Newspapers .... — 1 15 3 N.Z. Paper Mills, pref. 10 6 1 3 0 Wellington Cordage . — 0 11 0 Wilsons N.Z. Cement — 1 14 9 Woolworths N.Z 10 15 0 MINING. Big River 0 21 O 2 Consol. Goldfields .. — 0 16 6 King Solomon 0 3 10 0 4 3 Matakl 0 1 10 0 2 •Cum dividend. iEx dividend. Unofficial List Buyers. > Sellers. £ s. d. £ 8. d. Woolworths Ltd 4 12 6 4 14 0 Ditto (W.A.) .... - 7 0 0 National Tobacco .... 3 7 0 Argo Gold. 1/- paid .. — Assoc. Motorists’ Pet0 1 GJ rol, pref 1 2 6 —— Wgtn. Permanent Bld. Society, A shares .. — 9 18 u Metters N.Z Ltd. ... 0 5 3 Upper Watut — 0 6 9 Procera, vendor .... —. Vacuum Products, 5/0 13 9 paid — „ N.Z. Perp. Forests .. 2 3 0 0 u 2 10 0 0 Frozen Products .... 0 11 0 0 17 6