WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume XLVIII, Issue 240, 7 September 1928, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES.

At the afternoon call on tho Wellington Stock Exchango yesterday sales 'were reported of 4i per cent. Government bonds at £99 ss, National Bank of Australasia (£5 paid, two parcels), at £9 9s, Now Zealand Brcwerios at 49s 6d, Colonial Sugar at £63, and Mount Lyell Mining at 34s 9d. Thero was a fair demand for Government bonds, with buyers of tho 4j per cents, at £99, and tho 5j por cents, at £lOl 2s 6d. Now Zealand Browerios .bonds wero wanted at 245.

Bank shares woro in poor demand, but prices remain firm. There wero buyers of Australia Bank of Commerce at £33 10s, National Bank of Australasia, £lO paid, at £lB 19s, and £5 paid at £9 8s 6d. Sellers quoted £ls Is for Bank of Australasia, 31s for Commercial Bank of Australia, £7 4s for National Bank of Now Zealand, and 61s 9d for Bank of Now Zealand. There was a demand for National Mortgage at 80s 6d and for N.Z. Loan and Mercantile at £llO. N.Z. Guarantee and Corporation, preferenco, woro wanted at 21s, and New Zealand Investment at 9s 6d. Gas shares wero steady, with bids of 24s lid for Christchurch Gas, 9s 6d for Gisborno Gas, and 17s for Wellington Gas, preference. Gear Meat wero firm at 40s 6d. Huddart-Parkor preferenco woro wanted at 21s 3d, cum. dividond and Union Steam at 20s 6d.

Wellington Woollen shares wore firm, tho ordinary at £6 10s, and tho preference at £6 11s. Westport Coal wero steady at 30s 4d. Thero were buyers of National Timbor at 7s 6d, New Zealand Breweries at 495, British Tobacco at 43s 6d, Colonial Sugar at £62, Henry Jones Co-op. at 375; Howard, Smith at 26s 3d, Now Zealand Drug at 71s cum. dividond, N.Z. Farmers’ Fertiliser at £4 4s, Sharland and Co. at 19s 9d, Wairarapa Farmers’ preferenco at Bs, and Mount Lyell at 345. Yesterday’s buying and soiling quotations wore as undor: —

Buyers. Sellers,

SALES IN OTHER CENTRES,

Per Press Association. AUCKLAND, Sopt. 6. Sales. —Auckland Gas, 1935, 6i por cent., £lO2 ss; Auckland Harbour Board, 6 por cent., £lO2 ss; Auckland Harbour Board, 6 per cent., £lO4 15s; Commercial Bank of Australia, 30s 9d; National Bank of Australasia (contrib.), £9 83 9d; Taupiri Coal, 26s 9d; Kaiapoi Woollen, 13s 3d; British Tobacco, 43s 6d ; Wilson’s Cement, 38s 9d; Waihi Mining, 12s Id. CIIRISTCHRCH, Sept. 6. Sales.—E. S. and A. Bank, £8 12s: Bank of Now South Wales, £SO 10s; Goldsbnough Mort, 51s 4d (3 pels.); Kaiapoi Woollen (17s pd. cum. div.), 13a 3d, 13s 4d, 13s sd; Kaiapoi Woollen (7d pd. cum. div.), 4s 4d; Now Zealand Breweries, 49s 4d, 49s 6d (2 pels.); Tooth’s Brewery, 47s 3d; British Tobacco, 43s 9d, 43s lOd (2 pels.); Holden’s Motors (cum. div.), 295; Electro Zino (prof, ex div.), 33s 6d; Mahakipawa, la 4d (7 pels), Is 5d (2 pels.), Is 4d (2 pels). Sales reported.—Colonial Sugar, £6O 10s, £63 2s 6d. DUNEDIN, Sept. 6. Sale,—Upper Nevis, 6s. Sale reported.—National Insuranco 16s 6d. LONDON STOCK EXCHANGE. (Australian Press Association.—United Service). LONDON, Sopt. 5. Bank of Australasia, £ls; Bank of New South Wales, £4B; Union Bank of Australia, £ls 10s; National Bank of Australasia (£5), £9; English, Scottish and Australian Bank, £8 3s 9d; National Bank of N.Z., £7 3s 6d; Bank of Now Zealand 4 por cent., £94; Bank'of New Zealand shares, £3 0s 7^d; New Zealand Loan ojid Mercantile, first mortgage, 4 por cent, debentures, £76; Now Zealand Loan and Mercantile ,ordinary stock, £ll6. TIN AND RUBBER SUPPLIES. (Australian Press Association.) LONDON, Sopt. 5. Tin.—Visible supply, 18,308 tons; spot, 1492; afloat, 2460; deliveries, 2301. Rubber stocks, 31,849 tons. PRICE OF COLD. (Australian Press Association.) LONDON. Sept. 5. The price of gold is £4 4s lljd por oz. WORLD’S COTTON.

(Australian Press Association.) LONDON, Sept. 5. The executive of tho Cotton Spinners and Manufacturers’ Association’s report for tho year ended July 31 states that the world’s cotton consumption was 25,540,000 bales, a decrease of 341,000 compared with tho previous year. The United States (3,180,000 bales) was tho chief consumer. Britain wa3 next with 1,393,000 bales.

N.Z. GOVT. LOANS- £ s. d. £ S. d. 4i p.c. Ins. Stk., 1938 — 99 7 6 54 p.c. ditto, 1933 — 101 10 0 54 p.c. ditto, 1936 101 0 0 — 5| p.c. ditto, 1941 99 0 0 99 7 6 51 p.c. ditto, 1932 — 99 7 6 5 p.c. P.0, ditto, 1929 — 100 0 0 44 p.c. Bonds, 1941 .. 99 0 0 — 44 p.c. ditto, 1939 99 0 0 99 7 6 44 p.c. ditto, 1938 99 0 0 99 5 0 54 p.c. ditto, 1933 and 1936 101 2 6 — DEBENTURES— N.Z. Breweries (inscribed) 1 4 0 — Ditto, (bonds) 1 4 0 1 4 4 BANKSAustralasia — 15 1 0 Australian Bank of Commerco 1 13 10 — Commercial of Aust. (ord.) — 1 11 0 National of N.Z — 7 4 0 National of Australasia (£10) 18 19 0 Ditto (£5) 9 8 6 9 9 6 New Zealand — 3 1 9 FINANCIAL— National Mortgage ... 4 0 6 — N.Z. Guarantee Corp. (prof.) 1 1 0 — N.Z. Invest., Mortgngo and Deposit 0 9 6 — N.Z. Loan and Merc. Agency Co 110 0 0 — GASChristchurch 1 4 11 1 5 6 Ditto (contrib.) 0 12 6 — Gisborne 0 9 6 Wellington (prof.) ... 0 17 0 i — INSURANCE— National 0 16 7 South British 3 3 9 MEAT PRESERVING— Gear 2 0 6 N.Z. Rofrigcrat. (10s) 0 9 6 Well Meat Export (pref.) TRANSPORT— 1 2 6 Iluddart-Parkor (pref.) 1 1 3 Union Steam (pref.) ... 1 0 6 1 1 0

WOOLLEN— Wellington (ord.) .... 6 10 0 Wellington (pref.) .... 6 11 0 — COAL— Westport 1 10 4 1 11 0 Waipa — 0 14 0 TIMBER— National 0 7 6 0 10 0 BREWERIES— Now Zealand 2 9 0 MISCELLANEOUS — British Tobacco (Aust.) (ord.) 2 3 6 Burns, Philp and Co. Colonial Sugar — 2 5 9 62 0 0 — Henry Jones Cio-op. . 1 17 0 — Howard Smith (ord.) . 1 6 3 — N.Z. Drug Co 3 11 0 — N.Z. Farmers’ Fertiliser 4 4 0 Sharland and Co. (pref.) 0 19 9 Wairarapa Farmers’ (prof.) 0 8 0 0 13 0 MINING— Mount Lyell 1 14 0 1 15 3