STOCKS AND SHARES

Dominion, Volume 31, Issue 71, 17 December 1937, Page 14

STOCKS AND SHARES

Wellington Business Dull A LANGUID DEMAND No special features were seen yesterday in the Wellington stock and share markets, which remained quiet. With few exceptions prices were about steady on inactive trading. Little interest was shown in the gilt-edged sections. The 4 per cent. Government stock, 1946-49, sold 5/- up at £lO2/12/6. Banks were dull and easy, the only sales being New Zealands at 43/8 to 43/9 and New South Wales at £32/17/6. Financial and pastorals were neglected, and there was little call for insurance, gas, woollens, coal, timber or brewery issues. Huddart Parkers firmed to 42/- without response. N.Z. Breweries had a late sale at 45/9. N.Z. Newspapers firmed to business at 38/-. Woolworths Ltd. eased to sales at 26/- and 25/11 and McKenzies sold 3d. down at 74/-. Broken Hill Proprietary were better at 63/-, sellers 63/6. Electrolytic Zincs, Mount Lyells and Barriers improved slightly in sympathy with the London base metals market. Dealings recorded on the Wellington Stock Exchange yesterday were as follows :—

WELLINGTON EXCHANGE Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follows:—

N.Z. Pound Abroad Based on figures quoted by the Bank of New South Wales, the New Zealand pound, compared with Its original par value, la equivalent to approximately:— 16/1 In London. £l/0/1 in Australia. 1(1/5 In U.S.A. .1.6/5 in Canada. 18/103 in France. 16/5 in Italy. 9/8J In Germany. Jl/iij in Java. tn Japan.

No. of shares. £ s. d. £1000—laser. Stock, 4 p.c.,‘15/2/ 43-46 ’ 403 0 0 200—Bank of New Zealand .. • 9 9 8 £1920—Inscr. Stock, 4 p.c., 15/4/ 46-49 (3) 102 12 6 10O—Comm. Bank Aust. .... 0 17 0 550—Bank of New Zealand (3) 2 3 9 20—Bank of N.S.W 32 17 tf 100—N.Z. Refrig., £1 paid .. 0 18 6 200—Taringamutu Timber .. 0 14 4 150—N.Z. Breweries f2 5 9 100 —British Tobacco 2 9 9 50—G. J. Coles 3 14 4 50—McKenzies Dept. Stores 0 200—N.Z. Newspapers 1 18 0 250 —11 oolworths Ltd., ord. . 1 6 1) 300— Ditto (2) 11 100—Woolworths (N.Z.), ord. 1 1 0 200—Taranaki Oil 0 7 0 Overseas listings:— 200—11 oolworths Holdings 0 14 3 alter last call. •Late sale Wednesday.

N.Z. GOVT. LOANS. Buyers. £ S. <1. Sellers. £ s. d. Si p.c. Inset. .Stock. 3/1939-43 — 100 17 6 Ditto, 11/1938-52 .;. — 101 7 6 Ditto, 1/1953-57 .... 98 0 0 —— 4 p.c. ditto, 6/1952-55 — 102 10 0 3| p.c. Bonds, 1/1953-57 98 0 0 — 5 p.c. Rural Bonds, 15/9/1947 .1. 102 0 0 — BANKS. Australasia — 10 18 0 Control, of Aust., ord. 0 16 10 — Ditto, pref — Coinrcl. Banking Co., 9 14 6 Sydney — 20 16 0 Eng., Scot, and Aust. — 5 9 0 National of N.Z — •2 15 6 National of Australasia. £10 paid .• — 14 5 6 New South Wales .... 32 15 0 33 0 0 New Zealand 2 3 9 2 4 0 Ditto, D. long term 19 0 FINANCIAL. Dalgety and Co — 9 5 0 Equitable Bdg — 0 10 5 Goldsbrough, Mort .. 1 12 9 — National Mortgage. A. — 2 8 0 N.Z. Guarantee Corp. — 0 4 8 N.Z. Invest., Mort, and Deposit —- 0 9 3 Wgtn. Trust, Loan .. 5 0 0 5 5 0 Metropolitan Bdg — 12 15 0 Newton King, pref. .. — 0 10 0 GAS. Auckland 1 0 6 —— Pelldlng 0 2 0 — Gisborne — 0 8 0 Wellington, ord 1 16 0 — INSURANCE. National of N.Z 0 17 1 —— New Zealand — 3 3 6 Standard ■ . — 3 0 0 MEAT PRESERVING. Gear Meat ■ — f0 17 0 N.Z. Refrig., 10/- paid 0 9 1 Wellington Meat Exp. 0 8 0 — TRANSPORT. Huddart, Parker, ord. 2 2 0 — Tnion Steam, pref. ... — •17 6 WOOLLEN. Bonds Hosiery Mills — 0 18 6 Kaiaipoi — 0 12 6 Ditto, pref — 0 17 3 Tlinaru — 0 17 0 Wellington, ord — 5 10 0 . Ditto, pref 5 10 0 — COAL. Grey Valley — 0 12 6 Kaltangata 1 4 (I — Pukemiro 0 18 0 — TIMBER. Leyland-O'Brien .... — 0 18 9 Rotolti — 0 4 0 Ditto, pref — 0 18 3 Taupo Totara, ord. ... — 0 6 9 Ditto, pref — 0 18 6 Ditto, 16/- paid, pref. — 0 14 6 BREWERIES. Dominion — •1 19 9 N.Z. Breweries 2 5 6 2 6 0 Tooth and Co 2 13 6 Tooheys 1 10 9 ,—, Queensland — 1 7, 0 MISCELLANEOUS. Anthony Hordern ... — 0 19 2 Aust. Glass 4 12 0 —— British Tobacco *2 9 6 . — Ditto, pref — 1 11 6 Broken Hill Pty 3 3 0 3 3 6 Burns, Philp and Co. 2 14 3 — Claude Neon (Sydney) 270 —-• Colonial Sugar 47 10 0 — Consol. Brick & Pipe »0 7 3 —— Denhard, pref 1 0 <» — Dental & Medical Sup. 0 13 3 Dunlop Perdriau 1 2 4 — Electrolytic Zinc, ord. 2 6 3 2 0 9 Ditto, pref 2 9 3 2 10 0 Kelt and Textiles .... — 1 1<> 6 G. J. Coles 4 4 3 4 4 9 McKenzies 3 14 0 — Morris Hedstrom •1 8 6 National Electric ■ — 0 15 6 ■N.Z. Newspapers .... 117 9 — Shillings Ltd 0 18 9 Taranaki Oil o 6 11 0 7 1 Woolworths (N.Z.), ord. tl 0 6 1 1 6 Woolworths Ltd., ord. *1 5 10 1 5 11 Ditto, 2nd pref 1 8 9 ' Ditto, 1st pref 2 0 0 — Victoria Laundry .... 0 18 9 — Radio (1936) 0 19 3 10 6 Myer's Emporium .... — ■ R. G. Kain, pref — 1 14 0 I 1 0 MINING. Argo - 0 1 10 Big River O 1 2 —— Grey River, 18/9 paid 0 10 0 — Mossy Creek *0 1 2 — Australian Mining. Broken Hill South .. ‘1 17 O 1 17 3 Mount Lyell •! 12 0 1 12 6 .Mount Morgan 0 11 4 North Broken Hill .. 2 11 9 2 12 6 Rawang Tin 0 10 0 — Wgtn, Alluvlals .... 0 5 1 OVERSEAS LISTINGS. Woolworths Holdings 0 14 0 0 14 6 •Cum dividend. Unofficial List Buyers. £ s. d. Sellers. £ s. d. bom Inion Farmers’ Institute — 4 12 6 ■T. J. Niven — 0 10 9 National Tobacco .. — 3 1 6 Selfridges (A/asla.), Ltd 1 7 0 1 8 9 C. and A. Odlln, ord. 0 16 6 0 19 6