STOCKS AND SHARES

Dominion, Volume 31, Issue 190, 10 May 1938, Page 14

STOCKS AND SHARES

Wellington Markets Quiet AUSTRALIANS FIRM Business opened quietly on the W elliiigt..n Stock Exchange yesterday, but the improved tone in Australian issues was well maintained. Trading was moderate, Australian shares accounting £or most of the recorded turnover. t ■ There was a good inquiry tor Government loans at about late rates, but sellers were reticent and no dealings were reported. Local body ami company debentures were dull. With the exception of Mew Zealand*', which were firmer, banks were quiet and easy. National of New Zealand remained weak, business being done at 5-1/-. There were inquiries for Commercial of Australia at 16/2. sellers asking 16/6 and £9 7/6 was offered for the preference issue. Goldsbrough Morts firmed to business at 30/6. There were no quotations of insurance shares and no buyers for gas shares. Meat freezing, woollen, shipping, coal, timber, and brewery issues were extremely dull. Leading Australian industrials were firm.

Sales recorded on the Wellington Stock Exchange yesterday were as follows:—

Tallow & Hemp Markets Quiet

The Department of Agriculture lias received the following cablegram from the High Commissioner for New Zealand, dated May 6 ' Tallow: Market quiet but steady at .bout last quotations. Hernp: Manila—Market dull and eiisier. Little interest shown. Closing value "K • rade May-July shipment, £l9/10/-. Sisal hemp- Idle- N°- 1 May-July shipment quoted sellers £l7. New Zealand: Market quiet and nominal on the basis ot bighpoints £l9.

Nv.’vL’ shares. C s. < 1 150 Broken Hill Pty o 9 100—Hume Pipe •0 18 10 50—N.Z Drug ♦3 7 1 1 300—Woolworths Ltd., first pppr *2 1 50—National Bunk of N.Z. . 2 .14 6 1’00 —Goldsbrough. 3Iorc .... 1 10 Ij ■JOO—British Tobacco 2 S 0 50 —Broken Hill Pty 3 0 9 200—Consolidated Brick u s to 100—Felt and Textiles 1 12 y 50—Electrolytic Zine, pref. .. * t. O liio Taranaki Oil 0 7 1 > 027 —Woolworths Ltd., rights (12) o 3 KOO—Ditto (5) 0 3 (j 150—Jlount Lyell 1 ♦: •Late sale Saturday.

WELLINGTON EXCHANGE Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington Mock Exchange were as follows • — S.Z. GOVT. LOANS. £ s. d. s. d. Buyer: Sellers. 3 p.c. laser. Stock, 7 T939-41 — 98 y 0 3* p.c. ditto, 3/1939-43 — too 5 0 Ditto, 3/1941-43 ....100 0 i > —— Ditto, 9/1941-43 .... 100 0 0 Ditto, 11/1938-52 ... 103 5 0 —— Ditto, 5/1939-52 .... 103 5 0 — 4 p.c. ditto, 2/1943-46 102 7 G — Ditto, 4/1946-49 .... 102 7 6 — Ditto. C/1952-55 .... 104 0 0 — 4 p.c. Bonds, 2/1943-40 102 10 0 — Ditto, 4/1946-49 .... 102 10 0 —— Ditto, 6/1952-55 .... 104 0 0 —■ 5 p.c. Hural Bonds, 15/9/1947 102 0 0 — BOCAL BODIES’ DEBENTURES. Tolaga Bay Hr. Bd., 4% 102 p.C., 10/9/46 — 0 OTHER DEBENTURES. Amalg. Brick, Wgtn. . 91 O 0 —— New Plymouth Gas, 5 105 p.c., 1/1/47 - 0 0 BANKS. 6 •J 19 ComrcL of Aust., ord. 0 16 0 16 6 National of N.Z — National of Australasia, 2 14 £10 paid el3 15 New Zealand • • c2 4 0 3 2 4 11 Union of Aust. — 9 1 0 FINANCIAL. Goldsbrough, Mort .. 1 10 4 Newton King, pref. .. — N.Z. Guarantee Corp. 0 4 0 9 0 0 4 6 N.Z. Invest., Mort, and 0 N.Z. Loan and Merc., 0 0 N.Z. and River Plata — 0 15 0 Wgtn. Trust, Loan .» 5 0 0 o 1U 0 GAS. Wellington, ord — 1 J7 0 MEAT PRESERVING. 10 0 0 .16 9 N.Z? Refrigerating ... 0 18 7 — Wellington Meat Exp. 0 8 0 TRANSPORT. 11 uddart, Parker, pref. 1 8 •—- P. and O. defd. stock cl < 3 — WOOXiLEN. 17 fj Bonds Hosiery Mills — 0 1 14 3 0 la u Wellington, pref 5 7 0 0 8 COAL. 3 .li TIMBER, 18 4 I.eyliind-O’Brien 0 17 0 0 0 6 0 Ditto, pref. ........ — Taringamuiu 0 18 3 15 BREWERIES. f, 5 3. Tooth and ,Co 2 1G < > Queensland 1 4 MIS CELLANEO C S. Anthony Hordern .... — u 18 5 6 Aust. Iron and .Steel — British Tobacco ~ ‘ 9 1 7 8 6 0 Broken Hill Pty c3 0 9 .. Ditto, contrib cl lb 3 9 Burns, Philp and Co. — Io Colonial Sugar ...... 49 0 0 49 is. Consol. Brick & Pipe 0 S 0 9 8 0 Denhard, ord. — 0 v* 0 Dental & Medical Sup. ' — 0 15 1 D.I.C., pref. , 1 3 6 Dunlop Perdrlau ..... — Electrolytic Zinc. ord. -- 0 6 0 (i Pelt and'Textiles — 1 13 o r. I Coles 4 0. (I 9 — 8 McKenzies VA Farmers’ Fertiliser — 0 19 11 i 0 7 Woolworths Ltd., ord. 1 2 - 1 — « Ditto, first pref — Ditto, sccoud pref. . 1 8 Ditto, rights . 0 — Woolworths (N.Z.), ord. 1 J Griffen and Sons .... 0 0 15 0 6 Donagby’s Rope MINING. 11 () 0 Siossy Creek — 0 cO 1 - Skippers 0 0 AVaiht Grand Junction 9 2 1) 3 0 Koiuata Heels _ . Australian Mining Broken Hill South ... cl 19 U 1 G . Ditto, pref. ........ 9 9 1 North Broken Hill .. 2 < OVERSEAS LISTINGS. Woolworths Holdings (South Africa) ... 0 la ' c Cum dividend. 1.) Unofficial List Buyer idlers. . C 6. cL e 8. (1. Frozen Products Ltd. Melters (N;Z.)'Ltd. ... o 10 10 13 National Tobacco ■ -- <1 Sell’ridges (A/asia.) , i> J" b K. and E. Tingey, ora. J.dm Duthie, pref. ... . . i ’harming Creek, Westport Coal 1 0 U