WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LIII, Issue 257, 27 September 1933, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. There was considerable activity in tho Wellington market yesterday following tho holiday on Blonday. Trading was heav}-, 29 sales being recorded during the day. the whole tho market was fairly steady at about last week’s closing rates. Keener interest was shown yesterday in Government loans, which were firm on an active demand with few sellers showing. The only trading was in 3£ per cent, stocks, the 1939-43 maturity quitting at £IOO 5s and the 1938-52 at £lOl ss. In tho debenture section Wellington Racing Club, 8 per cents., were firm at £95. In the bank section, Now Zealand ordinaries did tho bulk of the business. Prices were irregular at 45s to 45s 9d, with late buyers in at the latter figure. National of New Zealand sold firmly at 86s, as did New South Wales at £33 15s. Australasias were wanted at £l2 12s 6d, sellers holding for £l3 Is. Other banks wero steady at late rates. Pastoral company shares wore in firm demand. Goldshrough Blort.s sold on change at 29s Bd. Offers of £lO 9s for Dalgetys had no response, and holders of National Mortgage made no reply to bids of 49s 6d for tho A’s and 27s for B’s, Now Zealand Loan and Blcrcantile ordinary stock firmed to £6O, sellers asking £6B. There was activo trading in insurance shares at firm rates. Nationals wero done at _ 18s, New Zealands at 55s 3d, South British at 74s 6d, and Standards at 61s 4u. Meat shares were in good demand at steady prices; New Zealand Refrigerating Contributing selling at 9s 9d. New Zealand Breweries wore firmer, sales being made at 35s 9d and 36s 6d (2), late buyers staying in at the latter price. There was a strong tone in the miscellaneous section. Electrolytic Zinc, preference, sold at 33s 9d, Sharland ordinary at 21s 9d, Wilson’s Cement at 35s 7jd and Woolworths (N.Z.), preference, at 365. Gold mining shares were less active. YESTERDAY’S QUOTATIONS. Yesterday’s buying and selling quotations on the Wellington Stock Exchange were as follow:

SYDNEY STOCK EXCHANGE. SLIGHT HESITANCY SHOWN. 1 SYDNEY, Sept. 26. On the Sydney Stock Exchange a hesitancy was noticeable in to-day’s market. The influences affecting operations wore the easing of wool values and,the decline in the price of gold. Howcyer, many leading classified stocks as well as hanks presented a firm front. Sales: Bank of New South Wales, £34 2s 6d; Commercial Bank of Sydney, £lB 10s; National Bank, £5 paid, £6 17s; Commercial Bank of Australia, 17s 3d; Colonial Sugar, £59 19s; Blercantilc Mutual Insurance, 20s 3d; Australian Provincial Assurance, 12s lOd; Associated -News, 19s; ditto, pref., ‘ 19s . 9d; Howard Smith, 12s lid; British Tobacco, 375; Tooths, 40s; DunlopPerdriau,’ 19s 3d; ditto, pref., 33s 6d; Goldshrough Blorts’, 29s 6d; HuddartParker, 31s 6cl; Electrolytic Zinc, _ 26s 9d: Fairymead Sugar, 29s 7jd: Morris Hodstrom, 20s; Henry Jones, 38s 4£d; Winchcombe Carson, 28s; Greater J. D. Williams, 7s 9d; Farmers, 15s; Australian Iron and Steel, pref., 17s 3d; Lustre Hosiery, 16s 9d; ditto, pref., 26s 6d; General Industries, 10s Id; David Jones, 33s 3d; Anthony Hordern, 11s 6d; ditto, pref., 20s; Drug Houses of Australia, 19s; Standard Cement, 16s 9d; Wilcox' Blofflin, 9s; Bit. Blorgan, 49s 9d; Bulolo Gold, 96s 9d; Bulolo Deposits, Is 8d; Kuala Kainpar, 9s; Broken Hill Proprietary, 39s 10id; North Broken Hill, 91s 6d; Commonwealth Bonds, 4 per cent., 1938. £lO3 17s 6d; 1941, £lO4 10s; 1944. £lO4 ss; 1947, £lO3 17s 6d; 1950, £lO4 12s 6d; 1953, £105; 1955, £lO5 7s 6d; 1957, £lO5 15s; 1959, £106; 1961, £lO4 17s 6d.

Buyers. Sellers. N.Z. GOVT. LOANS— £ s. >d. £ s. d. 4 p.c. Bonds, 1940 ...101 0 0 4 p.c. ditto, 1946 100 5 0 101 2 6 4 p.c. ditto, 1949 101 10 0 Rural Advance Bonds — 98 10 0 3 i n.c. Ins. Stock. 1939-43 100 0 0 100 10 0 5’- p.c. ditto, 1939-52 ...101 0 0 3£ p.c. ditto, 1938-43 ...100 0 0 — 3* p.c. ditto, 1938-52 ...101 2 6 - 4 p.c. ditto, 1940 ; 101 0 0 101 10 0 4 p.c. ditto, 1946 100 5 0 101 0 0 4 p.c. ditto, 1949 101 10 0 — 4 p.c. ditto, 1955 100 5 0 DEBENTURES — Well. City, 5£ p.c., 1940 — 101 10 0 Well. City, 5i p.c., 1939 — 102 10 0 Well. Racing Club ... 95 0 0 Amid. Brick and Pipe, Wellington 92 0 0 97 0 0 BANKS— Australasia *12 12 6 13 1 0 Comrcl. of Aust., ord. 0 17 0 0 17 3 Cotnrcl. Banking Co., Sydney 18 0 0 Eng., Scot, and Aust. 5 18 National of N.Z 4 5 0 — 6 4 6 6 Nat. of Australasia, £10 paid 13 0 0 Ditto, £5 paid 6 12 6 New South Wales ... 33 10 0 34 0 0 New Zealand 2 5 9 2 6 0 Ditto, “D” long term 1 13 6 — Union of Aust 10 5 0 10 7 0 FINANCIALDalgety and Co 10 9 0 Goldsbrough, Mort and Co — 1 10 0 National Mortgage “A” 2 9 6 National Mortgage, “B” 1 7 0 N.Z. Guarantee Corp., ord *0 7 6 0 8 0 Ditto, pref *1 1 0 1 2 b N.Z. Loan and Merc., ord. stock 60 0 0 68 0 0 Well. Invest., T. & A. 0 4 0 0 6 6 Well. Trust Loan .... 5 18 0 — Well. Dep. and Mort. 0 3 6 — GAS— Wellington, ord 1 3.3 3 _ Ditto, pref 1 1 6 1 4 6 INSURANCE— National of N.Z 0 18 0 0 18 3 New Zealand 2 15 0 2 15 8 Queensland — 2 18 0 South British — 3 15 3 MEAT PRESERVING— Gear Meat, cum rights 1 13 0 1 13 9 N.Z. Refrig., £l paid 0 19 4 Ditto, 10s paid 0 9 8 0 9 10 Southland Frozen Meat, contrib 1 5 3 _ Well. Meat Ex., pref. 0 15 6 — TRANSPORT— P. and 0. def. stock 1 3 0 WOOLLEN— Wellington, prof 5 10 0 5 15 0 COAL— Westport — 0 13 7 TIMBER— Kauri 0 12 6 Leyland-O’Brien 0 17 3 0 18 0 BREWERIES— N.Z. Breweries 1 16 6 1 16 9 Staples and Co — 1 9 0 MISCELLANEOUS— British Tobacco, Aust., ord — *1 17 6 Colonial Sugar 58 15 0 59' 7 6 Con. Brick and Pipe — 0 6 2 Dominion Investments 1 3 0 — Dunlop Perdriau *0.18 6 — Electrolytic, Zinc, ord. 1 3 0 ' Electro. Zinc, 8 p.c., part pref *1 13 3 Henry Jones Co-op. ... 1 17 6 1 18 6 National Electric — 0 9 6 N.Z. Drug — +3 10 3 N.Z. Newspapers *1 7 6 — Prestige .(N.Z.), Ltd., pref. ... — Sharland arid Co., ord. 1 0 0 1 2 0 Ditto, pref 1 1 Wilson’s Cement, cum. rights 1 15 0 — 6 1 15 9 Woolworths (Sydney), second pref — 1 6 6 OIL— Moturoa, ord 0 1 8 Taranaki 0 2 0 — MINING — Alexander, contrib. ... — *1 0 6 Bell Hooper. .\ 0 1 0 TBell Kilgour 0 1 7 0 1 9 Big River — 0 1 9 Blackwater 1 11 6 1 15 6 Gillespie’s Beach 0 2 3 — King Solomon *0 3 4 0 3 5 Mataki 0 2 2 0 2 4 Mount Lyell 1 3 0 — Nokomai 0 2 9 0 3 1 Okarito — 0 11 6 Waihi *1 5 6 1 .7 3 *Cum. dividend. +Ex. dividend.