STOCKS AND SHARES

Dominion, Volume 29, Issue 138, 6 March 1936, Page 14

STOCKS AND SHARES

Wellington Market More Active

DEALINGS IN BANKS Signs of rallying were seen y esteyda y in the Wellington stock and share ß “ a k r ket and business was brisk. Banks were actively traded, and gas shares recorded several sales. Pnces geneia y showed very little movenic 1 n n t ’ n b " 1 t :„ht two Australian issues made a sh o ht xeC °There was a strong inquiry for Government loans at late rates, but supplies were very scarce and no business was substantial turnover, hi bank shares produced little variation in prices. Commercial of Australia were firm.on sales at 20/3 and 20/4. National ot New Zealand were easier at <»/-, blijers stay ing in at 74/-. National oj Australasia sold at £l3/5/-, and the £u paid at £i 12/6. New South Wales were steady, at £34/10/-, but New Zealands were easier, the ordinaries going at 4</4 and the D long-term mortgage issue at 2J/-. Mort gage Corporations sold unchanged at 4/«. Dealings were recorded in M cllington Gas preference at 24/-, Aueklands at 25/10, and Ashburtons at £6/a/-. Insutance issues were extremely quiet, the on y inquiry being for Nationals, which were weak at 18/6. Gear Meats were slightly firmer at 20/6, and more were wanted at 00/3 N.Z. Refrigerating, 10/- paid sold at 9/11. Inquiries for shipping shares included N.Z. Shipping preference at £ll. Wellington Woollens were easier at to 13/-, sellers asking £5/19/-. Timber issues showed very little change. N.Z. Breweries sold at 51/11 to 52/-, and Dominion ordinaries were wanted at 20/9, a rise of

3d. Miscellaneous industrial and trading, issues attracted renewed interest. 1 rices varied but little. British tobaccos firmed 4d to 41/4. and G. J. Coles recovered 1/9 at 72/3. Colonial Sugars were marked down 2/6 at £42/2/6. In the mining section Mount Morgan had five sales at 16/3;. Mount Lyells were wanted at 24/2, a rise of ~d.