WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume XLVI, Issue 163, 11 June 1926, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES.

There were no transactions recorded at either the morning or afternoon calls on the Wellington Stock Exchange yesterday. There was a good demand for the 41 i>er cent. Government stocks and bonds at £96 10s, and for the 5J per cents. £99 10s was bid. Bank shares were firm, with buyers of Bank of Australasia at £l4 2s, National Bank at £6 19s, Bank of New Zealand at 61s 9d cum dividend, a rise of 3d. Union Bank at £ls 2s, and English, Scottish and Australian Bank at £7 17s 6d. Goldsbrough Mort and Co.’s shares were firm at 495, and Equitable Building shares were 2s 6d higher at £9 2s 6d. Wellington Trust and Loan shares' were in demand at £6 7s, and New Zealand Guarantee Corporation ordinary at 9s 9d. There was a good demand for. gas shares, with bids of 23s 7d for Auckland Gas, 23s 6d for Christchurch Gas, and 27s 3d for Wellington Gas ordinary and 16s for the preference shares. Insurance shares were very firm. There were buyers of National Insurance at £3 18s 9d, South British Insurance at 60s 6d and Standard Insurance at 575. Huddart-Parker shares were very firm, the ordinary at 445, and the preference at 20s 6d, and Union Steam preference shares were wanted at 19s Bd. Wellington Woollen shares were very firm, the ordinary at £6 7s and the preference at £6 Bs. Staples and Co. Brewery shares were in demand at 38s. There were ' buyers of Dental and Medical Supply at 16s 3d. Electrolytic Zinc preference at 35s 3d, Howard' Smith at 33s 3d, New Zealand Drug at 70s, a rise of 2s and Wilson’s Cement at 34s 3d. | Yesterday’s buying and selling quo,ta- : tions were as under:—

SALES IN OTHER CENTRES.

Per Press Association. AUCKLAND, June 10. Sales: Inscribed Stock (1938), £96 15s; Commercial Bank of Australia, 30s 9d; Natiopal Bank of New Zealand, £7; Huddart-Parker, 44s 9d ; New Zealand Farmers’ Fertiliser, 101 s 6d; Wilson’s Cement, 34s 6d, 34s 6d; Alburnia, 5s 9d; Lucky Shot (contrib.), Is 6d; New Waiotahi (contrib.), Is 6d; Ohinemuri, 4s. DUNEDIN. June 10. Sales: Mount Lyell, 26s'6d; Bank of New Zealand, 62s 3d; Nokomai Hydraulic, 10s. 1 CHRISTCHURCH, June 10. i Sales reported: Now Zealand Govern- I

ment Bonds, 41 per cent. (1938), £96 15s; National Bank of New Zealand, £7, £7 Is; New Zealand Insurance, 40s 3d; Bank of New Zealand, 625, 62s 6d (three parcels); Royal Bank (£4 paid), £7 4s; Union Bank, £ls 4s 6d (four parcels) ; Standard Insurance, 57s 6d; Goldsbrough Mort (cum. div.), 49s 6d (two parcels); Australian Gaslight, £7 2s 6d; Wilson’s Cement, 34s 6d (three parcels); British Tobacco, 52s 6d (two parcels); New Zealand Drug Co., 70s 6d (two parcels); Glenmore Brick and Tile, 265; Whitcombe and Tombs, 695. Sales: New Zealand Refrigerating (contr.), 8s 3d; Hume Pipe, 17s 3d; Bank of New Zealand, 62s 6d; Union Bank. £ls 4s 6d (three parcels); National Insurance, 79s 3d; South British Insurance, 61s 6d (two parcels) ; Mason, Struthers (14s paid), 15s 6d (two parcels); British Tobacco (cum. div.), 52s 3d (two parcels).

AUSTRALIAN MARKETS. SYDNEY, June 10. Wheat. —Farmers’ lots bagged, 6a 3d per bushel, ex trucks, Sydney, in bulk, 6s 2d. Oats, Tasmanian Algerian, 4s 9d' to 5s per bushel; white, 5s 2d to 5s 6d. Maize, local yellow, Cs Gd per bushel; white. 5s 3d; South African, 6s 6d. Potatoes. Tasmanian, £l3 10s to £lB per tonj New Zealand, £l3 10s, Onions, Victorian, £24 per ton; New Zealand £2o.—Press Association. ADELAIDE, June 10. Wheat. —Growers’ lots 6s Id per bushel. Oats, 3s 2d per bushel.—Press Association.

LONDON TALLOW SALES,

LONDON, June 9. At the tallow 'sales 1175 casks were offered and 162 were sold at about 6d

per cwt advance. Mutton, fine 45s 6dc per cwt, medium 435; beef, fine 45s 6d, medium 42s 6d.—A. and N.Z. cable. Dalgety and Coy., Ltd., report having received the following cablegram from their London house under date of the 9th inst.:—Tallow: 1175 casks of tallow offered, 340 sold. On last week’s quotations prices show a rise of 6d per cwt.

LONDON WOOL SALES. BETTER MARKET FOR CROSSBREDS. LONDON, Juno 9. At the wool sales, a miscellaneous selection was offered. There was a steady demand for all classes at full late rates, with a slightly better marked for crossbreds.—A. and N.Z. cable.

1 Buyers. Sellers. , N.Z. GOVT. LOANS— £ s. d. £ s. d. i 44 p.c. Ins. Stk., 1939 96 10 0 — 4g p.c. ditto, 1938 96 10 0 96 17 b 5i p.c. ditto, 1927-1941 — 97 0 0 j 4i p.c. Bonds, 1939 ... 96 10 0 — 1 4£ p.c. ditto, 1938 96 10 0 — 4i p.c. ditto, 1930 97 2 6 99 12 J p.c. ditto, 1933 ! 5 p.c. P.O. Bonds, 1927 99 10 0 6 * — 99 0 0 DEBENTURES— N.Z. Breweries (bonds) — 1 6 9 BANKS— , Australasia 14 2 0 — National of N.Z 6 19 0 — New Zealand (cum.) .. 3 19 — Union of Aust 15 2 0 15 5 0 English, Scottish and ( Australian 7 17 6 — FINANCIAL— Abraham and Williams ! (ord.) — 4 1 0 ! Goldsbr’gh Mort {cum) 2 9 0 — | Equitable Building ... 9 2 6 — 0 National Mortgage .... — 3 17 N.Z. Guarantee Corp. (,ord., 8s) 0 9 9 — Ditto (pref.) 116 — Well. Trust, Loan ... 6 7 0 — Well. Deposit and Mortgage i... — 0 9 9 GAS— Auckland (paid) 13 7 — Christchurch 13 6 — Wellington (ord.) 17 3 — Ditto (pref.) 0 16 0 — INSURANCE— National 3 18 9 — South British 3 0 6 — Standard 2 17 0 — TRANSPORT— Huddart-Parker (ord.) 2 4 0 2 5 0 Ditto (pref.) 10 6 Union Steam (pref.) ... 0 19 8 — WOOLLEN— Wellington, (ord.) 6 7 0 —* Ditto (pref.) 6 8 0 — COAL— Westport-S tookton (pref.) — 0 4 6 TIMBER— Natioanl — 0 18 0 BREWERIES— Crown — 1 2 0 Staples and Co 1 18 0 — N.Z. Breweries — 2 19 3 MISCELLANEOUS— British Tobacco (Aust.) (ord.) — 2 12 6 Burns, Philp, and Co. — 1 18 0 Dental and Medical Supply 0 16 3 — Electrolytic Zinc (pref.) 1 15 3 — Howard Smith 1 13 3 1 14 3 National Electric — 1 0 0 N.Z. Drug 3 10 0 — Wairarapa Farmers (£1) 1 0 17 0 Whitcombc & Tombs (contrib.) Wilson’s Cement — 3 10 0 — 1 15 0 MINING— Mount Lyoll — 1 7 0 Waihi ; — 0 19 0