WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LIV, Issue 120, 20 April 1934, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. Although the volume of trading was less than on Wednesday, there was a further hardening yesterday in the Wellington stock and share market. Government loans continued in unabated demand with but little response from holders, whose few offers showed no concessions. The only recorded sale was a parcel of the 4 per cent stock, 1940, at £lO4. More activity was seen in local body and another debentures. Banks were neglected. New Zealands again had dealings at 48s 6d and 48s sd; and there was an unsatisfied demand at the latter figure. Pastoral shares were very firm. Abraham and Williams advanced a shilling to 48s and 76s for tho ordinary and preference respectively. Goldsbrough Morts were stronger at 345, without response. Gas and insurance shares were firm and little or no change was seen,in meat shares. Union Steam, preference, improved to 25s 6d. New Zealand Breweries were distinctly better on sales at 40s 9d and 41s 3d. Miscellaneous shares were steady at about late rates. There was a sustained inquiry for Moturoa and Taranaki Oils, the latter advancing to 2s Bd, Gold-mining shares were quiet but steady. YESTERDAY’S QUOTATIONS.

Buying and selling quotations at yesterday’s final call on the Wellington Stock Exchange were as follow: — Buyers. Sellers.

LONDON TALLOW SALES. Tho Bank of Nexv Zealand (produce department) has received tho following advice from its London office dated April 18: —The market for tallow is quiet. Current quotations: Good mutton, 20s 6d to 21s per cwt; good beef, ISs 6d to 19s; good mixed, 18s to 18s 6d; gut, 15s to 16s 6d. Tho New Zealand Loan and Mercantile Agency Co., Ltd., have received the following report from their London house, dated April 18: —Tallow (quotaations at April 12 in parentheses) : Fine mutton, 20s ■id per cwt (21s) ; good beef, 19s 6d per cwt (20s); mixed, 17s 3d per cw-t (17s 6d). Markot dull with downward tendency.'

1 N.Z. GOYT. LOANS— £ d. £ s. d. j. 4 d.o. Bonds, 1940 103 iU 0 — 4 p.c. ditto, 1946 103 10 0 — 4 p.c. ditto, 1949 102 5 0 — 4 p.c. ditto, 1955 103 5 0 — H 5 p.c. Bonds, Rural, 1 1 15/9/1947 99 0 C i 34 p.c. Ins. Stock, ~ d 1959-43 102 10 0 — 34 p.c. ditto, 1939-52 ...103 10 0 — 34 p.c. ditto, 1938-43 ...102 10 0 n 34 p.c. ditto, 1938-52 ...103 10 0 — — i 4 p.c. ditto, 1940 103 10 0 104 0 0 e 4 p.c. ditto, 1946 103 10 0 104 5 0 s 4 p.c. ditto, 1949 102 0 0 102 15 0 > 4 p.c. ditto, 1955 105 3 0 ■ DEBENTURES— r Dunedin City, 54 p.c.. o 1944 .100 10 0 Well. City, 54 p.c., 1940 ±..100 10 0 Napier Boro., 5jf p.c., “ ’ 1/2/1945 — Wairere E.P. Bd., 6 101 0 0 p.c., 1/12/1961 — Sluggish River D. Bd., 101 0 0 f 5? p.c., 1/7/1944 — Eastbourne, 4J p.c., 101 0 0 p.c., 12/2/1951 — Ditto, 1/6/1952 — 100 10 0 101 0 0 Hauraki Blaine, 53 p.c., 1959 — Makerua Dge. Bd., 6 101 10 0 p.c., 1946 — 102- 5 0 Well. Gas Co 100 10 0 — Well. Racing Club ... 99 10 0 Booth Macdonald, 64 p.c., 1937 55 0 0 N.Z. Farmers’ Co-op., 44 p.c., st., 1940 ... 75 10 0 — Kelburn Tramway ...103 0 0 BANKS— Australasia 12 15 0 12 19 0 Comrci. of Aust., ord. U 16 10 Comrcl. Banking Co., 0 17 0 Sydney — 17 17 6 Eng., Scot, and Aust. — *5 12 6 National of N.Z — National of Australasia, 4 3 6 £10 paid — 13 10 0 New South Wales ... — 33 17 6 New Zealand *2 8 5 — Ditto, “D” long term *1 13 6 — Union of Aust 10 0 0 FINANCIAL— Abraham and Williams, 10 3 6 ord. 2 8 0 — Ditto, pref 3 16 0 — Equitable Bldg. Co. . 1 15 0 Goldsbrough Mort. and Co 1 14 0 — N.Z. Gurantee Corp. 0 4 3 N.Z. Invest., Mort. and — Deposit *0 5 3 — N.Z. and River Plate — 14 0 Well. Invest., T. & A. 0 6 0 — Well. Trust, Loan ... 4 15 0 — General Finance — GAS— 10 0 Auckland 1 4 10 — Christchurch 19 0 — Gisborne 0 5 6 — Wellington, ord — 1 17 9 Ditto, pref 14 6 INSURANCE— National of N.Z 0 19 2 — New Zealand 2 19 6 — Queensland 3 7 6 — South British *3 18 0 MEAT PRESERVING— — Gear Meat — 17 6 N.Z. Retrig., £1 paid 0 17 0 Ditto, 10s paid 0 7 3 — 0 7 6 Southland 3 3 0 — Well. Meat Ex., pref. 0 19 9 — Ditto, ord. - 0 5 6 TRANfePURT — — Huddart, Parker, pref. 15 0 — Union Steam, pref. ... 1 5 6 WOOLLEN— — Kaiapoi, ord — 0 10 6 Ditto, coiilrib. — 0 3 3 Wellington, ord — COAL— 5 13 6 Kaitangata 113 — E Westport 0 14 9 TIMBER— 0 15 3 1 Kauri ’ -— 0 17 6 * Leyland-O’Brien 1 1 3 - Taringainutu Totara . — 0 7 0 Rotoiti — BREWERIES— 0 5 0 N.Z. Breweries 2 0 8 — Staples and Co 17 8 miscellaneous— 18 6 Burns, Philp and Co. 2 14 0 Colonial Sugar 65 0 0 — — Con. Brick and Pipe 0 7 0 Dental and Medical 0 9 0 Supply 0 6 0 0 8 0 Dunlop Perdriau 0 18 8 — Electrolytic, Zinc, ord. 16 6 — Ditto, 8 p.c., pt. pref. 1 13 9 Prestige, N.Z., pref. . — 10 6 Wilsons, N.Z., Cement 16 3 Woolworths, N.Z., ord 5 11 6 OIL— — Moturoa, ord 0 3 6 0 4 0 Ditto, pref 0 4 0 0 7 0 Taranaki 0 2 8 MINING— 0 2 10 Alexander, contrib. ... — 0 16 0 Big River — 0 10 Blackwater 1 12 0 1 15 6 Consol. Goldfields .... — 10 0 Gillespie’s Beach 0 19 — Golden Dawn 0 1 6 0 2 3 Golden Sands 0 2 10 0 3 9 King Solomon 0 4 .7 0 4 9 Mahakipawa 0 0 7 — Mount Lyell 14 2 14 5 Okarito 0 8 6 0 8 10 Waihi — 1 15 9 Waihi Grand Junction — 0 5 0 I Waitahu — 0 4 3 1 Goldfields 0 0 9i 1 Addisons Flat 0 2 6 — y Skippers, Is paid — 0 1 2 I Ditto, 9d paid — *Cum. dividend. 0 0 104 I