STOCKS AND SHARES

Dominion, Volume 28, Issue 217, 11 June 1935, Page 12

STOCKS AND SHARES

Wellington Market Quiet

MINOR PRICE CHANGES There was a rather quiet tone yesterday in the Wellington stoek and share markets. Government loans were in slack demand, with an easier tendency in the short-dated issues. Buyers were in tor 4 per cent, bonds at , e 5. asking 20/- higher, while tl°l/10/- was offered for the 3! per cent, stock, 1938-41 Banks showed very little movement. Reserve Banks had three sales at kb/ J/J, following payment of the 5 per cent : dividend. New Zealands had business at 51/-. Commercial of Australia were easy at 15/-, as were National of N.Z. at bT/National of Australasia, £u paid, were Gd. off at £6/2/- Minor movements we re recorded in other sections, theie bem ? a good inquiry .for miscellaneous industrial and trading issues.

WELLINGTON EXCHANGE

Yesterday’s Quotations

The latest buying and se t , J‘y g w 2ljin'-i tions recorded yesterday on the^ellin B ton' Stock Exchange were as roiiow.

Unofficial List

LONDON BUTTER MARKET Smaller Supplies By Telegraph.—Press Assn.—Copyright. London, June 8. The butter market has maintained its recent improvement. Prices again advanced this week. New Zealand choicest is now quoted at 83/- to 84/- per cwt., and Australian 82/-. This steadiness is largely due to the better statistical position, for although cold stored stocks are still large, present indications suggest that supplies from Australia and New Zealand during the summer will be considerably less than those of last year. Quantities afloat on June 1 from Australia and New Zealand and the Argentine were 775,399 boxes as compared with 9C0.404 a year ago. European production has been somewhat checked by cold weather and Danish exports are lower than for the corresponding period of 1934. Tallow and Hemp Markets The Department of Agriculture hao received the following cablegram, dated June 8, from the High Commissioner for New Zealand, London: — Tallow: Market quiet bur steady at about last quotations. Hemp: Manila —Market quiet and easier. Closing sellers for June-August shipment £l3/5/-. Sisal —Market steady with demand quieter. July-September shipment sold at £l6/2/6 and AugustOctober shipment at. £l6/5/-. New Zealand: Nothing to report.

N.Z. GOVT. LOANS. Buyers, •o r. d. Sellers £, s. d._ 4 p.c. Bonds, 1937-40 .. 4 n.c. ditto, 1943-40 .. 4 p.c. ditto, 1940-49.. 5 p.c. Kura! Bonds. 1947 4 pc. Insc. Stk., 1937-40 4 p.c. ditto. 1943-40 .. 4 p.c. ditto, 1946-49 *' 3$ p.c. ditto, 1938-41 .. KA- p.c. ditto, 1941-5-102 17 108 0 108 0 104 5 102 17 107 10 108 5 101 10 6 0 0 0 6 0 0 0 103 17 103 10 108 10 107 15 O' 0 0 0 debentures. 10-1 0 o Amid Brick, Wctn. .. Wright, Stephenson .. 105 0 0 BANKS. — - 3 0 Coinrcl. of Aust., ord. 0 15 0 0 15 9 12 Ditto, pref.. ...... Conircl. Banking Co.» 17 0 O 17 15 0 Eng? Scot, and Aust. National of N.Z. ..... 4 19 *3 7 O 0 — National of Australasia. 6 5 o £5 paid New South W ales ♦2 10 11 31 5 2 11 0 1 3 Ditto, D long term 5 0 o Qneenslan d Nation al .. Reserve Bank of N.Z. c ~ 9 9 4 o Union of Aust FINANCIAL. Abraham and Williams, 3 0 0 nrpf. ........ 3 15 0 — Farmers’ Co-op. Auet. —• 4 1 0 Goldsbrough, Mort and Cq *1 9 3 N.Z Guarantee Corp. — U 0 ix N.Z Invest.. Mort, and O 8 0 — Wgtn. Trust, Loan .. 5 11 6 —• Wgtn Dep. and Mtge. 0 4 9 1 "o 0 General Finance GAS ’ 0 8 0 Christchurch 1 16 0 — 5 0 0 Wellington, ord 2 3 INSURANCE. National of N.Z — 1 1 3 10 3 ■» South British 4 16 6 3 12 6 MEAT. *1 0 9 —• N.Z. Refrig M £1 paid 0 19 3 0 19 1) Ditto, 10/- paid .... 0 S 10 0 9 3 18 1 1 ■ Wgtn. Meat Exp., pref. Ditto, ord 0 18 0 5 0 6 0 12 0 TRANSPORT. Union Steam, pref. ... 1 7 0 —— P. and O. defd. stock 1 1 0 — WOOLLEN. Prestige N.Z., pref. .. —— 1 3 0 Wellington, ord 6 0 0 —— G O 0 COAL. Westport-Stockton, pref 0 4 10 0 9 6 TIMBER. 0 17 Partlinlnmew G 1 0 4 Leyland-O’Brien ..... Taupo Totara. ord..... 1 1 0 0 5 6 •— Ditto, £1 pref. ... ,. 0 IS 9 •— \ BREWERIES. *2 13 NZ Breweries ...... 6 Staples and Co •. Tonheys 1 12 6 1 14 0 . ■ 1 9 6 Timaru, contrib 0 7 10 — MISCELLANEOUS 0,18 Anthony Hordern .... 0 IS iJ 7 Aust. Glass — *3 10 0 British Tobacco. Aust. *1 18 0 1 18 6 Broken Hill Pty 2 15 9 2 16 6 Burns. Philp and Co. 2 19 0 ——. Colonial Sugar —— 41 17 G Consol. Brick and Pipe 0 8 6 —• Dental & Medical Sup. —• 0 13 0 Dunlop Perdriau 0 16 3 0 16 9 Electrolytic Zinc, ord. Ditto, 8 p.c. pt. pref. 1 5 9 — 1 14 9 1 15 G 2 3 9 . , _ 4 2 3 4 3 N.Z Paper Mills 1 15 9 Taranaki Oil 0 0 tJ 0 O 6 Wgtn. Queen's Theatre _- 1 0 0 Wilsons N.Z. Cement 1 17 0 —• Woolwortlis N.Z., ord. 10 15 0 —— G. .1 Coles & Co., Ltd. 3 7 3 — MINING Big Ki ver 0 2 < > 0 2 41 Blackwater ♦1 10 d Consol. Goldfields ... *0 17 6 Kildare 0 3 o 0 3 b King Solomon 0 4 0 Maori Gully —— 0 1 s Mataki ■■ - 0 1 9 Skippers 0 0 0 0 4 Waihi, cunt dist. .... 1. 16 (i Worksop Extd —— 0 2 C Bulolo —- *9 10 0 Mount Lvell ..... 0 19 1 1 1 0 1 Mount Morgan 1 16 0 1 Hi 9 *Cum dividend.

Buyers. & b. d. Sellers £ s. d. W oolworths Ltd 4 9 3 4 10 3 Frozen Products ... — 0 15 0 Ditto, vendor 0 13 0 — Den hard. ord. ...... — 0 IS 0 Waipapa Beach, 1/- pd. 0 13 Silkhit Ltd — 1 14 0 N.Z. Woolpacks, £1 — 0 IB 0 Doni. Farmers’ Inst. . — 5 5 0 Argo Gold — 1 0 1 5J