STOCKS AND SHARES

Dominion, Volume 32, Issue 106, 28 January 1939, Page 12

STOCKS AND SHARES

Wellington Market Dull

government loans quiet

Dull conditions prevailed on the M ellingtou Stock Exchange yesterday, and the turnover was small. There was a slackening in the demand for Government stocks, the 31 per cents, being most favoured. A gain of 11/3 was el ?own tn a sale of 31 per cent, stock, March 1939-43 a late sale being reported at ±99/11/3 as against one at £99 earlier in the day. Banks were weaker, a late sale of New Zealands being reported at 38/3, compared with 39/2 on Thursday and 40/- a fortnight ago. E.S. and A.’s were marked down to £5/2/-, and New South Wales to £3O, while Australasias were on offer at £9/13/-. . . w n There was a good inquiry for u oollens and other textile issues at firm rates. Bond’s Hosiery moved up to_ 17/- and Kaiapoi Woollens to 8/3. N.Z. Drugs firmed to 63/9, sellers asking 65/6. Australian issues were neglected and there was a heavy selling list. Sales recorded yesterday on the Wellington Stock Exchange were as follows: No of „ Shares. £ 9 - d£2ooo—lnscr. Stock, 3* p.c., 3/39-43 99 0 0 £6soo—Ditto, 31 p.c., 3/39-43 .. a 99 11 3 150—Bank of New Zealand .. al 18 3 213—Leyland O’Brien, Timber 0 14 9 25—Australian Glass a 5 7 6 400—Consolld. Brick (2) .... 0 8 3 200—Electro. Zinc, pref *2 10 0 450 —Woolworths Ltd. (2) .. 1 1 10 Overseas list: 100 —Woolworths Holdings (S. Africa) 0 15 0 •Late sale Thursday, a Reported after last call. WELLINGTON EXCHANGE Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follows:— N.Z. GOVT. LOANS. •

New York Stock Exchange NiEW YORK. January 20. Turnover on the Now York Stock Exchange today was 1,5-10,000 stocks.

Buyers. £ s. d. Sellers. £ s. d. 3 p .e. Inser. Stock, 15/5/1939-41 94 5 0 —— •34 p.c. ditto, 15/3/ 1939-43 99 2 6 —— ‘Ditto, 15/9/1939-43 .. 99 0 0 —— •Ditto, 15/3/1941-43 .. 99 0 0 •—• •Ditto, 15/9/1941-43 .. 99 0 0 —— •Ditto,. 15/5/1939-52 .. 98 0 0 —- •Ditto, 15/11/1941-52 . 99 2 6 4 p.c. ditto, 15/4/ 100 194G-49 —. 5 0 Ditto, 15/6/1952-55 .. 98 15 0 — 3J p.c. Bonds, 15/1/ 1953-57 90 5 0 — ♦Tax free to first date, then 4 p.c. 0 >- tionai maturity three years prior to final date. LOCAL BODIES’ DEBENTURES Waitomo E.P. Bd. f 4| p.c., 1/8/55 — 102 0 0 Tevlot E.P. Bd., 4i 1/11/42-44 — 101 0 0 OTHER DEBENTURES Gisborne Sheep Farm101 ers, 63 p.c., 31/8/41 15 0 — BANKS. 13 Australasia cO — 9 0 Comrcl. of Aust., ord. 15 11 0 16 0 Ditto, pref c9 11 0 —— Eng., Scot, and Aust. 5 0 —— National of N.Z — 7 0 National of Australasia, £5 paid e30 — c 17 6 New South Wales .... 0 0 1 New Zealand —— 19 0 Ditto, D. long term 1 5 0 c8 Union of Aust; — 11 6 FINANCIAL. Newton King, pref. . — 0 8 6 N.Z. Guarantee Corp. 0 3 11 — N.Z. Loan and Merc.. ord. stock, London 35 reg —— 0 0 General 0 18 6 Metropolitan Big., M ellington —— 12 0 0 Wright, Stephenson, a ord Auckland —. cO 19 6 Wellington, ord cl 10 0 — Ditto, pref 1 6 — INSURANCE. National of N.Z 0 15 8 — New Zealand ....... 13 6 - 15 0 MEAT PRESERVING. Gear Meat 0 11 6 — N.Z. Refrigerating .. CO 17 3- —— Ditto, 10/- paid .... cO 7 8 0 7 11 Wellington Meat Exp. 0 7 9 — TRANSPORT. • Kelburne Tram., ord. — 1 3 0 WOOLLEN Bond's Hosiery Mills 0 17 0 —- Kaiapoi 0 8 3 — Timaru —— 0 13 0 Wellington, ord 4 12 0 —— Ditto, pref 4 12 0 — Bruce 0 6 3 TIMBER. Kauri 1 2 9 — Leyiand-O’Brien 0 14 6 National — 0 8 11 Rotoitl ... — 0 3 4 Ditto, pref — 0 16 6 Taupo Totara, ord. . 0 4 10 — Ditto, pref — 0 18 3 BREWERIES. N.Z. Breweries 2 0 9 — Innes and Co — 1 3 6 MISCELLANEOUS. 15 Anthony Hordern ... —— 0 9 Aust. Glass 7 0 u 8 6 British Tobacco — w 9 6 Broken Hill Pty — *• 17 0 Burns, Philp and Co. o 13 0 15 0 Claude Neon Lights (N.Z.) — Claude Neon (Sydney) — 1 12 b Colonial Sugar 47 0 0 47 15 0 Consol. Brick & Pipe 0 8 1 — Denhard, ord — 0 8 0 Dental & Medical Sup. — 0 12 11 Dominion Fertilizer .. — 1 -a 3 Dunlop Perdriau .... — 1 0 11 Electrolytic Zine, ord. —— i 0 Ditto, pref Farmers’ Trading ... —— 10 0 — 0 19 3 General Industries .. — 0 18 11 G. J. Coles — 6 4 0 0 Henry Jones Co-op. . 8 w 10 0 Howard Smith, ord. . — 0 19 8 I.C.I. Aust, and N.Z., pref — 1 4 3 Macduffs, ord 0 6 0 3 6 Ditto, pref McKenzie’s — 0 10 6 — w 10 0 Milburn Lime 1 15 9 Morris Hedstrom .... — 1 9 9 National Electric ... — 0 14 G N.Z. Drug 3 3 9 3 6 N.Z. Newspapers .... —— 1*. 0 Taranaki Oil 0 10 0 8 3 United Provisions ... — 0 7 6 Wilsons (N.Z.) Cement — 0 16 0 WoQlworths Ltd., ord. 1 1 9 I 1 10 Woolworths (N.Z.), ord. — 0 18 0 Berlel (N.Z.) c3 9 0 Berlel (N.Z.), Ltd., 10/- — cl 2 6 Reid (N.Z.) Rubber . 1 1 0 — W. R. Carpenter — 4 6 Milne & Choyce, deb. 15 stock — 0 3 MINING. Big River — 0 1 1 Grev River — 0 19 0 Martha 0 11 o 0 12 0 Ncmona c 0 10 — Australian Mining. Broken Hill South — — 1 6 0 Mount Lyell 1 4 0 1 6 6 Rawang Tin — ■ 0 8 6 ./ Wellington Alluvials . — 0 4 11 OVERSEAS LISTINGS Woolworths Holdings 15 (South Africa) .. — t 1 c Cum dividend. — Unofficial List Buyers. Sellers. £ 8. dz i. 8. d. Woolworths Properties 1 6 0 — 6 Geo. W. Wilton, pref. R. & E. Tingey, ord. — 1 1 —— 1 0 0 Selfridges (A/asla.) . 0 9 0 0 11 0 Woolworths (W.A.) .. — 4 7 3 Wellington Publishing - - 4 10 0