WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LII, Issue 246, 16 September 1932, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND

PRICES.

A fairly active domand was in evidence in the Wellington stock and share market yesterday, but, excopt in a few cases, prices were inclined to be easier. There was a lengthy list of selling quotations, indicating that holders were out for pro-fit-taking. In most cases, however, fairly wl , c ,l° mar £ins stood between buyers and sellers.

Ihe inquiry for Government stocks has revived this week and bids yesterday were freer. Thero were three sales of 5£ per cent, stock, September, 1937, one at £99 2s 6d, and the others at £99 3s 9d. 'lhe 4j per cent, stock, 1958, wus done late on Wednesday > at £95. Banks wero quieter than of late. New Zealands had sales at 48s and CBs 3d, and more wero wanted at the former price. Iho long-term mortgage shares were steady at 29s 6d. Commercial of Australia wero 3d easier at 14s 6d, and Union of Australia dropped to £7 8s 6d, sellers £7 12s.

firmed Is during tho day to £B. Morning bids of 24s 3d for Goldsbrougli. Moris showed a further easing of sd. N.Z. Loan and Mercantile were wanted at £4l, but sellers were firm at £56.

South British Insurance wore firm, a sale being made at 58s 6d. There were closing sellers at that price, but buyers offered 58s.

k° ar Meats hardened up to sale at 355, holders asking 36s at the close. N.Z. Refrigerating, 10s paid, were done at 3s lOd. Wilson’s Cement wore very firm. Sales were made at 33s 6d and 33s 4id. There wero closing bids at 33&, but holders asked 345. N.Z. Drugs were firm at 58s 9d, sellers 61s 6d. Sharlands, ordinary and preference, were steady at I6s. YESTERDAY’S QUOTATIONS. Buying and celling quotations at yesterday s filial call on the Wellington block Exciiange wore as ioilow:—

SYDNEY EXCHANGE. IMPROVED TONE YESTERDAY. SYDNEY, Sept. 15. On the Stock Exchange to-day there was an improved tone consequent on the recovery of tile metals market. Prices, however, showed little change. Sales: Commercial Bank of Sydnoy, £l6 15s; Commercial Bank of Australia, 16s 10id; Bank of Australasia, £ll 2s 6d; < 'olonial Sugar, £52 10s; Huddart-Parker, e\- dividend, 31s 9d; Mercantile Mutual Insurance, 19e 9J; Tooths, 32s 6*l; Toohevs, ex dividend, 21s lid; British Tobacco, 33s 6d; Dunlop Pcrdrinu, prof., 30s 9d; Electrolytic Zinc, 18* 3d; pref., 28e 6d; Australinn Glass, 445; Australian Gas A, £6 17s; Gordon and Goteh, 29s 9d; Henry Jones. 345; Goldsbrough, Mort, 28s: Winchcombe Carson, 24s 3d; Mt. Lyell. 22s 3d; Wilcox llofflin, 6s 4d: Broken Hill Ppy., 21s 4lii. Zinc Corporation, 30s; New Zealand Government stock, 5i per cent., 1937, £lO7 15s. Commonwealth Bonds, 4 per cent., 1938. £IOO lie 3d: 1941, £IOO 10s; 1944, £IOO 12s 6d; 1947, £9B 17s 6H (ex interest); 1950. £99 l?s 6d; 1953, £99 12s 6d; 1955, £99 16s 3d; 1957, £99 18s 9cl; 1959, £100; 1961, £9B 12s 6d (ex interest).

WOOL SALES.

KEEN COMPETITION IN BRISBANE. BRISBANE, Sept. 15. At the wool sales to-day 13,000 bales were offered and a good clearance was made. French, Japanese and German competition was keen. Bradford was seeking suitable lots. Tho market maintained its opening strength. Tho top prices were greasy. 15id; scoured, 22id.

VALUES IN ADELAIDE,

ADELAIDE, Sept. 15. Thirty thousand bales were auctioned at tho opening of tho wool sales. Tho attendance of buyers was the largest for years, French bidding predominating. Prices were on a par with those recently ruling at Sydnoy, greasy making 13id. Values for all good fleece wools were 25 per cent, above the June figures, while skirtings, bellies and summer lambs wero 30 per cent, higher.

PRICES FOR METALS.

SYDNEY, Sept. 15. The official London (middle) quotations for Wednesday, as received by the Australian Mines and Metals Association, compare as follow with thoso previously cabled: Sept. 13. Sept. 14.

N.Z. GOVT. LOANS— Buy ers. d. p.c. Bonds, 1939 . . 94 10 0 44 p.c. ditto, 19,58 . 94 10 0 t>i p.c. Unto, !• ob, 1947 p.c. Stock, 1939 99 2 6 94 12 6 4j p.c. ditto, 19o8 ... . 94 12 6 1>.C. ditto, Feb, 1937 99 0 0 p.c. ditto, Sep, ly37 99 0 0 99 7 6 £>i p.c. ditto, I9t>3 98 17 6 i>a p-e. ditto, 1947 97 in n DEBENTURES— W ell. Harb. Board ... 99 S 0 W oil. Racing Hub .. 90 0 (1 Golden Bay “A” — 0 16 a BA.nIsB— Commercial Aust,, ord 0 14 6 0 14 11 National N.Z — 4 2 0 Nat. Australasia, £10 paid 11 2 0 11 11 2 Notv Soutli Wales — 27 10 L Now Zealand 2 8 0 2 H t Ditto, long torm 1 9 6 Union oi Aust 7 8 6 7 12 0 rl.\,t.\ClAL— Oalgoty 8 0 0 N. 'A. Guar. Corp., ord — 0 6 1 N.Z. Loan and Alcre. Agency Well. Trust and Loan — 56 0 0 4 15 0 Well. Deposit and -Mortgage 0 8 6 W l ight, btephenson, prof — 0 18 0 GAS— Wellington, ord 1 11 6 Ditto, prel 0 17 3 insurance— National N.Z 0 14 0 14 9 New Zealand 2 4 3 South British 2 18 0 2 18 6 AJLAT PRESERVING— Lear — 1 16 0 N.Z. Rofrigerat., 10s — 0 4 0 Well. Aleat Lx., pref. 0 14 9 transport— Huddart, I’arkor, ord. 1 10 i; Union Steam, pref. ... 1 0 4 WOOLLEN— Wellington, ord 5 0 0 Ditto, pref 5 1 0 . COAL-W’estport-Stoekton, prel 0 1 1 TIMBER— Bartholomew 0 7 ( i ... Loyland-O’Brion 0 19 9 National — 0 0 J Taringainutu BREWERIES— — a 4 9 New Zealand — 18 6 J ooth and Co — 19 0 MISCELLANEOUS— British Tobacco, ord. 1 10 4 Burns, Pltilp 2 2 0 (•on. Brick and Pipe 0 3 6 — Dunlop -Perdriau — 0 14 6 Electro. Zinc, pref. ... 1 5 0 New Zealand Drug .. 2 18 9 3 16 Farmers’ Fertiliser ... 0 15 0 0 16 9 Sharland, ord 0 16 0 0 17 6 Ditto, pref \ViIson’s Cement 0 16 0 0 17 ’ 1 13 0 1 14 9 OIL— Taranaki 0 2 1 0 - 2 MINING— Blackwater 0 17 11 Consol. Goldfields 0 7 6 Mount LyoII 0 19 9 Waihi — 0 17 1 1

Per ton. Per ton. Copper— £ s. d. £ 6. d. Standard, spot 31 11 3 33 8 9 Standard, tor ward 31 11 3 33 6 10A . 5 35 0 0 57 0 0 to 37 0 0 38 0 0 Wire bars 37 0 0 38 0 0 lead — Spot 12 6 3 12 15 0 Forward 12 16 3 13 1 3 Spelter— 0 Spot 15 0 14 16 3 Forward 15 3 9 15 1 3 TinSpot ■. 147 12 6 151 15 0 tForward 149 5 0 153 17 6 Silver— Standard, per oz .. 17|d 17 15-16d Fine, per 07, . 19d 18d •American, not quoted. tAmerican. not quoted.