WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume XLVI, Issue 175, 25 June 1926, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. At the afternoon call yesterday of the Wellington Stock Exchange sales wero reported of Bank of New South Wales shares (three parcels) at £45 ss, Bank of New Zealand at 635, and Union Steam preference at 20s. Government stocks and bonds were steady and unchanged, with buyers of the 4$ per cents, at £96 10s, the 5 per cents at £9B 10s, and the 51 per cents, at £99 7s 6d. Bank shares were very firm. There were bids of £l4 5s 6d for Bank of Australasia shares, 31s 6d for Commercial Bank ordinary, 62s 9d for Bank of New Zealand, a rise of 3d, £ls 6s 6d for Union Bank, a rise of 6d, £8 2s for English, Scottish and Australian Bank, a rise of 2s, and £lB for National Bank of Australasia shares £lO paid, a rise of 3s. Sellers quoted £45 7s 6d for Bank of New South Wales shares. Wellington Trust and Loan shares were steady at £6 7s. Gas shares wero in fair demand, with buyers of Auckland Gas at 23s 9d, and Wellington Gas, ordinary, at 275. Insurance shares were quiet, but firm. There were bids of £3 18s 9d for National Insurance.and 41s for New Zealand Insurance, the latter showing an advance of Is. New Zealand Refrigerating shares, 10s paid, were in demand at 8s 2d, and Wellington Meat Export at 4s 6d. Huddart-Parker ordinary shares were steady at 44s 9d, Union Steam preference at 19s lid,, and Kolburn Tramway ordinary at 265. Wellington Woollen preference shares were firm at. £6 8s 6d. There were buyers of Leyland-O’Brien Timber at 425. National Timber at 17s, Colonial Sugar at £54, Electrolytic ,Zinc at 365, and Wilson’s Cement at 34s 3d. Yesterday’s buying and selling quotations were as under :

SALES IN OTHER CENTRES. Per Press Association. AUCKLAND, June 24. Sales: War Loan (1938), £96 15s; Bank of New Zealand, 62s 9d; Union Bank of Australia, £ls 8s; New Zealand Insurance, 41s 3d; Auckland Gas, 245; Auckland Gas (contributing), 11s 8d; Huddart-Parker, 44s 7d; Union Steam (preference), 20s; Colonial Sugar, £54 15s; Taranaki Oil, 13s 3d, 13s 6d; Alburpia, 4s 6d, 4s 9d. 4s lOd ; Kawarau, 7s sd; Majestic, Is 6d; New Waiotahi (4s paid), Is 7d; Ohinemuri, 6s 3d. CHRISTCHURCH, June 24. Sales: Goldsbrougli Mort (cum. div.), 49s 8d (three parcels). .» Sales: Bank of New Zealand, 62s 4d, 62s 3d; Goldsbrough Mort (cum diy.), 49s 8d (three parcels); Howard, Smith, 33s 6d; Standard Insurance, 59s 9d.

DUNEDIN, June 24. Sales: Kawarau, 7s 7d (three); Nokomai Hydraulic. 12s 3d. 12s Id. Sales reported : Kawarau, 7s 7d. AUSTRALIAN MARKETS. SYDNEY, June 24. Wheat. —Buyers are holding off. Bagged is quoted at 5s 9d per bushel at country stations and 6s 4d extrucks. Sydney millers’ parcels are nominally quoted at about 6s 6jd f.0.b., but there is no business. Oats, Tasmanian Algerian 4s 9d to Cs per bushel; white, 5s 3d to 5s Cd. Mavo, local yellow, 6s 3d per bushel; white, 6s; South African, 6s Id. Potatoes, Tasmanian, £l2 10s to £l7 per ton. Onions, Victorian £24 per ton. Twenty-three thousand bags of New Zealand potatoes are being discharged from tho Karetu. By arrangement, official quotations aro deferred until the stocks are inspected, but some orders have already been booked at £ll per ton. —Press Association. ADELAIDE, June 24. Wheat.—Growers’ lots 5s 11 id per birtfeel. Oats, 3s per bushel. —Pi ess Association.

LONDON TALLOW SALES. Dalgety and Coy., Ltd., report having received the following cablegram from ‘their London house under date of the 23rd inst.: —Tallow: 990 casks offered, 130 sold. Prices nominally unchanged. Unless the demand improves there will be no public sales next week-

Buyers. Sellers. N.Z. GOVT. BONDS— £ a. d. £ a. d. 4£ p.c. In?. Stk., 1939 — 96 15 0 4? p.c. ditto, 1938 96 10 0 96 15 0 51 p.c. 1927-1941 ' 96 10 0 4i p.c. Bonds, 1938 96 10 0 — 51 p.c. ditto, 1933 99 7 6 — 5 p.c. P.0. Bonds, 1927 98 10 0 — DEBENTURES— Wellington Gas 100 0 0 — N.Z. Breweries (bonds) — 16 6 BANKS— Australasia 14 5 6 — Commercial of An St. (ord.) 1 11 3 * National Bank of Anntralasia (£10) 18 0 0 — New South Wales . 45 7 b New Zealand 3 2 0 — Union of Aust 15 6 6 15 9 U Commercial of Sydney — 26 5 C English, Scottish and Australian 8 2 0 — FINANCIAL— Abraham and Williams (ord.) — 4 1 C Goldsbrough Mort. ... — 2 10 N.Z. Guarantee Corp. (ord., 8s) — 010 1 Well. Trust, Loan ... 670 — ■ GAS— Auckland (paid) 13 9 — Wellington (ord.) 17 0 — INSURANCE— National 3 18 9 — New Zealand 2 10 — MEAT preserving— N.Z. Refrigerat. (10s) 0 8 2 — Well. Meat Export ... 0 4 6 — TRANSPORT— Huddart-Parker (ord.) 2 4 9 2 5 Union Steam (pref.) . 0 19 11 . — Kelb. & Karori Tram. ' ‘ (ord.) 16 0 — WOOLLEN— Wellington (pref.) ... 6 8 6 — COAL— Westport — 1 16 1 Westport- Stockton (ord.) O M O — TIMBER— Leyland-O’Brien 2 2 9 2- 5 National ; 0 17 0 0 18 BREWERIESManning and Co — 2 0 ■ Staples and Co — 2 0 N.Z.. Breweries — 2 19 MISCELLANEOUSBurns, Philp pnd Co. — 1 16 * Colonial Sugar 54 0 0 — Klectrolytio Zinc (prd.) 1 16 0 — Ditto (pref.) 1 16 0 1 16 Wilson’s Cement 1 14 3 — MINING— Mount Lyell — 1 6 Waihi — 0 18