STOCKS AND SHARES

Dominion, Volume 32, Issue 127, 22 February 1939, Page 12

STOCKS AND SHARES

Wellington Market Dull PRICES LITTLE CHANGED Nu changes of any moment were seen in the Wellington stock ami share market yesterday. Trading was not brisk, but a slightly improved turnover was reported, prices in most cases being a shade firmer. Government loans continued in active demand at steady rates, but sellers were hard to find. A fair-sized parcel of 3| per cent, stock, 15/3/39-43 sold late on Monday at £99/15/-, and a small lot of 3i per cent, bonds 15/1/53-57 went at .£92/17/6. Hastings Borough 4i p.c. de-—-ntures, October, 1942, sold at par. Ranks were dull and unchanged, New Zealands going at 39/3 and Unions at £8 4/-. Wellington Gas improved 3d. to 29/6, sellers asking 31/-. Wellington Woollens moved up to 97/- and the preference issue to 100/-. Other industrials were generally quiet and but little phanged. More interest was shown in Australian issues. British Tobaccos sold 3d. up at 50/3, Broken Hill Proprietary advanced to SS/3, and G. J. Coles to 79/9, these prices being well in advance of Australian rates. Sales recorded yesterday on the Wellington Stock Exchange were as follows:

No. of shares. £3500—Inscr. Stock, 3A p.c.. £ s. d. 15/3/39-43 ‘99 15 0 £.,00—Hastings Boro., 4$ p.c., 1/10/42 •100 0 0 £300 —Govt. Bonds, 34 p.c., 15/1/1953-57 a92 17 6 250-1-Bank of New Zealand . 1 19 i»9—Union Bank (2) 8 4 0 200—Aust. Paper Mfrs., pref. 1 11 50—Broken Hill Ptv 18 3 400—British Tobacco'(2) .... 10 200—I.C.I., pref 1 3 b 100—G. J. Coles 3 19 9 100—Taranaki Oil 0 9 Overseas list:— 200—Woolworths Holdings (South Africa) 0 15 2 Unofficial list: 150—G. W. Wilton Co., pref. 1 0 104 •Late sale Monday. a Beported after last call.