STOCKS AND SHARES

Dominion, Volume 30, Issue 192, 11 May 1937, Page 12

STOCKS AND SHARES

Wellington Markets Quiet SHARP RISE IN G. J. COLES A sharp rise in G. J. Coles was the principal feature in yesterday's markets on the Wellington *_Stock Exchange. Business opened at £5/9/-, and after a deal at £5/10/-, two sales were made at £5/13/-. More were wanted at that price, but holders asked £5/14/6. Apart from this, the markets showed little change- Trading was not active and several issues showed an easier tendency. Wellington Gas were done at 35/6, and New Zealand Breweries at 59 /5. There was a good demand for banks, but buyers’ offers were on the easy side. New Zealand ordinaries had business at 43/11 and 44/-, and the D long term mortgage issue went unchanged at 26/6. Unions were easy at £ll/5/-._ tralasias found support at £l2/5/-, sellers asking 10/- better. Commercial of Australia were wanted at 19/5, sellers quoting a penny higher. National of New Zealand were in request at o-/-. but holders asked 2/- more. Industrials, particularly New Zealand issues, were very dull, but Australians were inclined to firm. There were unsupported buyers of Australian Glass at 94/3, and offers of 49/6 for British Tobaccos found no response. Broken Hill Proprietary were steady on business at 84/9. Sales recorded yesterday on the Wellington Stock Exchange were as follows:

Gold Mining Returns Tho Moonlight Goldfields Company, Ltd., reports that the wash-up at the company’s claim on May 6 was 6740 z. for 280 hours’ sluicing. By Telegraph—Press Association Auckland, Maj- 10. The Mataki dredge return for the week ended May 9 was 19oz. for 118 hours’ work and 7500 cubic yards.

shares. No. of 25 —G. J. Coles 'nittrt £ s. d. ..♦5 9 6 .. *599 300—Mount Morgan *0 15 3 £405—Inscr. Stock, 4 P.O., 104 15/6/52-55 5 0 10 —Union Bank ■■■ 11 0 200—Bank of N.Z. . 3 4 200—Ditto (2) 4 0 354 —Bank of N.Z., ‘ D longterm 300—Wellington Gas 1 la 6 100 —N.Z. Breweries LU 9 50—Broken Hill I’pty 4 4 380 —Consolidated Brick (2) 0 8 1 100—G. J. Coles ... 9 9 25—Ditto 10 0 50—Ditto (2) .... 3 0 300—Mount Lyell (2 8 4 ♦Late sale Saturday. WELLINGTON EXCHANGE Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as-tenons N.Z. GOVT. LOANS. Buyers. Sellers. £ s. d. £ s. a. 3» p.c. Inscr. Stock, 101 0 . 3/1030-43 0 — Ditto, 0/1939-43 .... 101 0 0 — Ditto, 3/1941-43 .... 101 0 0 — Ditto, 9/1941-43 .... 101 0 0 —* Ditto, 11/1938-52 ... 102 0 0 103 Ditto, 5/1939-52 .... 4 p.c. ditto, 3/1940-43 102 0 0 0 0 —— 101 7 6 Ditto, 2/1943-46 .... — 103 Ditto, 4/1946-49 .... 103 6 Ditto, 6/1952-55 .... 104 2 6 —■ 4 p.c. Bonds, 6/19o2-5a 104 2 6 V p.c. Rural Bonds, 101 17 15/9/1947 6 — LOCAL BODIES’ DEBENTURES. Makerua Dge., 4* p.c., 101 1/8/45 — 0 0 Ditto. 1/8/53 _ — 101 0 0 Wgtn. City, H p.c., 1/2/57 101 10 0 — OTHER DEBENTURES 100 Amalg. Briek (Wgtn.) — 10 0 N.Z. Farmers’ Co-op., 93 44 p.c., 1945 Grand Central Bldgs. — 0 0 — 60 0 0 BANKS. Australasia 12 5 0 12 15 0 Comrcl.. of Aust., ord. 0 19 5 0 19 6 National of N.Z. ..... 3 2 0 o 4 0 National of Australasia, £10 paid ♦15 0 0 —- Ditto, £5 paid .... •7 15 0 7 18 0 New South Wales .... •37 12 6 New Zealand ♦2 3 L0 2 4 3 Ditto, D. long term ♦1 6 3 Union, of Aust. — 11 6 6 FINANCIAL. Abraham and Williams, 2 17 ord 6 Ditto, pref —— 4 18 0 N.Z. Guarantee Corp. 0 4 8 0 4 10 N.Z. Invest., Mort, and Deposit ..... • - • 0 9 9 0 10 4 N.Z. and River -Plate 0 18 7 —— Wright, Stephenson, ord. 1 0 0 Ditto, pref 1 0 • — GAS Auckland • 1 1 6 Christchurch — 1 7 6 Gisborne — 0 9 0 Wellington, ord 1 17 0 Feilding 0 1 9 — INSURANCE. National of N.Z — 0 17 10 New Zealand - 3 1 6 Queensland — 3 3 MEAT PRESERVING. Gear Meat —— 0 17 0 Wgtn. Meat Export ,. 0 5 0 — TRANSPORT. Huddart, Parker, pref. 1 7 6 — WOOLLEN. Bonds Hosiery Mills — 0 .18 0 Wellington, ord 5 12 6 5 IS 6 Ditto, pref. 5 15 0 — TIMBER. Leyland-O’Brien .... — 0 1 6 Taringamutu 0 15 0 15 6 Taupo’ Totara, ord. .. — 0 9 3 Ditto, pref —— 1 0 0 Ditto, 16/- pd., pref. — 0 15 9 BREWERIES. Carlton — 3 5 0 N.Z. Breweries 2 19 4 19 6 Tooth and Co. _ — 17 9 MISCELLANEOUS *3 Anthony Hordern .... 1 0 — Aust. Glass 4 14 3 — British Tobacco 2 9 6 — Broken' Hill Pty 4 4 6 4 o 0 Burns, Philp and Co. — 3 12 9 Colonial Sugar —— 45 17 6 Consol. Brick and Pipe 0 8 0 — Denhard, pref 1 0 0 — Dental & Medical Sup. — 0 14 0 Dunlop Perdriau .... Electrolytic Zinc, ord. 1 0 9 1 1 3 3 3 19 3 Ditto, pref 2 19 2 19 9 General Industries .. 1 0 9 G. J. Coles 5 13 0 tj 14 6 Howard Smith, ord. .. — 1 9 Hume Pipe 0 19 4 0 19 9 Procera Bread, ord. .. — 1 5 0 Sharland & Co., ord. +0 18 6 •— Ditto, pref. to 19 0 — 6 Taranaki Oil — 0 5 Wilsons (N.Z.) Cement —— 1 13 6 Woolworths (N.Z.), ord 7 18 0 —— Woolworths Ltd., 2nd pref 1 7 6 — Waldas Shoes 1 0 0 —— David Jones — 2 5 0 Woolworths Ltd., 1st pref. 1 17 6 2 1 0 Kandos Cement ..... 1 4 0 — MINING. Gillespie’s Beach .... 0 1 a — Martha —— 0 18 6 Mossy Creek — 0 1 1 Austral-N.Z. Mining . — 0 11 0 Australian Mining. Broken Hill South .. — 12 9 Mount Lyell *2 8 0 2 8 9 Mount Morgan 0 15 0 15 4 North Broken Hill .. 3 17 6 *Cum dividend. fEx dividend. Unofficial List Buyers. Sellers. £ s. 1. 8. <1. Woolworths Ltd. ... — 7 14 0 Ditto, rights — 5 1 0 Selfridges (A/agia.), old issue — 1 15 6 A.P. Assurance ..... 0 13 0 —. J. J. Niven 0 8 1 0 12 0