STOCKS AND SHARES

Dominion, Volume 28, Issue 208, 31 May 1935, Page 14

STOCKS AND SHARES

Wellington Market Active PRICES MOSTLY FIRM A. fairly active market yesterday saw a good turnover on the Wellington Stock Exchange, prices being generally firm at late rates. Government loans had dealings in the 4 per cent, bonds, 1940, at £lO4/17/6, two parcels of 4 per cent, stock, 1949, were done at £lOB/10/-. and the 1955 maturity sold at £ll2/10/-. Banks showed little change. Reserve Banks were sold at £6/14/p and ip 14/101. Australasias were firm on business.at £ll/5/-, and Commercial of Au&tralias were done at 15/3. Dalgetys showed a slight improvement, two parcels selling at £B/5/-. New Zealand Guarantee Corporations were firm on sales at 5/91. Goldsbrough Morts recovered to 29/6, following the announcement or the final dividend, which makes an unchanged rate for the year. Insurance shares showed no change. There was a good demand for timber issues, and Kauris had business at 19/10. New Zealand Breweries recovered to 53/-. no sellers, and Staples were a shade better at 32/6. Miscellaneous industrial and trading issues showed little quotable change. Australian Glass were wanted at 66/-, but sellers were silent. Hill Proprietary were 6d. down at su/o, sellers asking 56/6. New Zealand Newspapers moved up to 37/9, without drawing sellers. Gold mining shares were extremely dull.