WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume XLVI, Issue 171, 21 June 1926, Page 5

WELLINGTON STOCK EXCHANGE.

LAST WEEK’S BUSINESS. There were no transactions registered on the Wellington Stock Exchange on Saturday, but thero was a fair number of buying orders. A moderate business was done during the past week, and there was particularly active trading in Bank of New Zealand shares, which changed hands at 62s 6d to 65s 3d, cum. dividend. In all twenty-four parcels were transferred during the week. Bank of Australasia shares sold at £l4 4s, £l4 3s 6d, and £l4 ss, Commercial Bank ordinary at 31s, Bank of New South Wales at £45, £45 5s and £45 7s 6d, Union Bank shares at £ls ss, Western Australian Bank at 57s 6d, English, Scottish, and Australian Bank at £B, and National Bank of Australasia, £lO paid, at £l7 16s, and £5 paid, at £8 19s 6d. Government stocks and bonds were very slack, and business was restricted to tho 5J per cents., which changed hands at £99 10s and £99 12s 6d. Thero was little business transacted in the shares of financial companies. Sales were registered of Goldsbrough Mort and Co.’s shares at 49s 6d, cum. dividend. National Mortgage at £3 15s 3d, and N.Z. Guarantee Corporation at 9s lOd. Gas shares were very quiet. A sale of Auckland Gas shares at 23s lOd was registered. Insurance shares have been in very good demand, but holders do not appear willing to accept the current bids. On Saturday there were buyers of National Insurance at £3 19s, and New Zealand Insurance at 40s. Three parcels of New Zealand Refrigerating shares, 10s paid, sold at 8s 3d. There were no transactions in shipping shares, but at tho week-end there was a demand for HuddartParker shares, the ordinary at 44s 6d, the preference at 20s 7d, and Union Steam preference at 19s 9d. Wellington Woollen shares were in strong demand, but the bids of £6 7s 6d for the ordinary, and £6 8s 6d foi' the preference, failed to encourage business. A good business was done in Westport Coal shares, ten parcels changing hands at 36s 9d and 375. Timber shares were slow. Bartholomew Timber shares changed hands at 27s 9d, which was the only sale recorded in this section. Brewery shares were firm, but business was restricted to Staples and Co.’s shares at 39s and 39s 3d. In the miscellaneous section sales were registered of British Tobacco at 52s and 52s 2d, Dental and Medical Supply at 16s 6d, Hume Pipe at 16s and 16s lOd, Henry Jones Co-op. at 46s 3d and 46s 6d, Taranaki Oil at 12s 9d, and Wilson’s Cement at 34s 6d. Saturday’s buying and selling quotations were as under : Buyers. Sellers.

SALES IN OTHER CENTRES

Per Press Association,

AUCKLAND, June 19,

Sales: Auckland Harbour Board Loan (1937), £BS; Alburnia, 5s 2d; Wailii, 18s 9d; Mount Lyell, 26s Bd. CHRISTCHURCH, June 20.

Sales reported: P. and O. deferred stock, £255; British Tobacco (cum. div.) 52s 3d.

Sales: Dalgety and Co. ? £l6 Is; Goldsbrough Mort (cum. div.), 49s 6d; Christchurch Gas, 24s 3d (four parCLI " ) ' DUNEDIN, June 20. Sales: Bank of New Zealand, 61s 3d; Kawarau, 7s 4d. EXCHANGE RATES. LONDON, Juno 17. Foreign rates, of exchange on Juno 17, as compared with par rates, or as avoraged first half of 1914, are as follow: June 17. Par. New York, dols. to £1... 4.86$ 4.866 Montreal, dols. to £1... 4.86 4.866 Paris. francs to £1 170.37 25.22£ Brussels, francs to £1... 168.13 25.22£ Amsterdam, florins to £1 12.11$ 12.107 Stockholm, knr. to £1... 18.13 18.12 Oslo, lenr. to £1 21.93 18.12 Copenhagen, knr. to £1 18.35 18.12 Berlin, Reichsmark to £1 20.44 Rome, lire to £1 134.50 25.22£ Yokohama, pence to yen 23 24.48 Calcutta, ponce to rupoo 17 15-16 24 Hong-Kong, pence to do!. 27| 24 Batavia, florins to £1... 12.07 a

N.Z. GOVT. BONDS- £ s. d. £ s. d. 41 p.c. Ins. Stk., 1939 96 10 0 — 41 p.c. ditto, 1938 ... 96 10 0 96 15 0 41 p.c. Bonds,' 1938 ... 96 10 0 — 41 p.c. ditto, 1930 ... 97 5 0 97 15 0 5 p.c. P.O. Ins. Stk., 1927 98 10 0 5 p.c. P.O. Bonds, 1927 93 10 0 99 0 0 DEBENTURES— Wellington Gas 100 0 0 N.Z. Breweries (bonds) 1 6 8 BANKS— Australasia 14 3 6 Commercial of Aust. (ord.) 1 10 0 _ National Bank of Australasia (£10) 17 16 0 New South Wales 45 0 0 — Union of Aust 15 4 6 15 7 0 English, Scottish and Australian 7 19 0 FINANCIAL— Abraham and Williams (ord.) 4 1 0 Goldsbr’gh M|art (oum) 2 9 3 — National Mortgago ... — 3 16 6 N.Z. Guarantee Corp. (ord., 8s) 0 9 9 Wellington Deposit and Mortgage — 0 9 9 GA3Auckland (paid) 1 3 8 INSURANCE— National 3 19 0 New Zealand 2 0 0 — South British — 3 1 6 TRANSPORT— Huddart-Parker (ord.) 2 4 6 2 5 0 Ditto (pref.) 1 0 7 — Union Steam (prof.)... 0 19 9 — WOOLLEN— Wellington (pref.) .... 6 8 6 COAL— Westport 1 16 11 TIMBER— Leyland-O’Brien 2 1 6 BREWERIES— Crown 1 0 6 1 2 0 Manning and Co 1 19 0 2 0 0 N.Z. Breweries — 2 19 6 MISCELLANEOUS— British Tobacco (Aust.) (ord.) 2 12 3 Burns, Philp and Co. 1 16 3 1 17 0 Dental and Medical Supply 0 16 6 _ Electrolytic Zinc (pref.) Wilson’s Cement 1 16 0 — 1 14 3 1 14 9 MINING— Wathi 0 19 0