WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LIV, Issue 131, 4 May 1934, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. Gilt-edged securities were very firm in the Wellington stock and share market yesterday. Government loans showed a further hardening tendency, with marked reticence on the part of holders. The 4 per cent stock, 1946, was sold late on Wednesday at £lO4 10s, and the only sellers quoting yesterday asked £lO5 for the 4 per cent bonds, 1946. Banks were quiet, but steady. Commercial of Sydney were reported sold at £lB and E.S. and A. Bank were done late on Wednesday at £5 3s 6d. Buyers eased to 50s Id for Now Zealands, but sellers moved up to 50s 9d. Union of Austialia were easier at £9 19s, sellers asking £lO 2s. In the financial and pastoral section, Abraham and Williams preference made, an advance of 2s to 80s, the ordinary standing at 48s, with no sellers showing. Wellington Gas eased to 36s lOd without response. Gear Meat were firm at 27s Id. The other sections were rather quiet. N.Z. Breweries were slightly easier on sales at 41s 8d and 41s 9d, but Staples sold firmly at 28s. Colonial Sugar dropped back to £64, following payment of the usual half-yearly distribution. There was a slightly better turnover of mining shares. Brian Borus, now Is paid, were traded at 2s to 2s 0 3-4 d. YESTERDAY’S QUOTATIONS. The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follow: —

*Cum. dividend. fEx dividend. LONDON STOCK EXCHANGE. A CONFIDENT TONE. (British Official Wireless.) RUGBY, May 2. The Stock Exchange closed to-day with a confident tone. War Loan 3i per cent was quoted at £lO2 16s 3d. German bonds wore weak. French 4 per cents were firm at £27 10s. Internationals were steady. Rubber and oils were particularly firm, with rubber selling at 7 l-16d per lb. LONDON. May 2. Quotations of pastoral companies’ shares on the Stock Exchange to-day compare with those previously cabled as follow: April 3. April 17.

SYDNEY STOCK EXCHANGE. COLD SHARES WANTED. SYDNEY, May 3. On the Sydney Stock Exchange, trading in gold shares was again the feature to-day. The call periods at noon and in the afternoon during the past two days have been so prolonged as to have completely disorganised the routine, necessitating an alteration in the call .arrangements. The investment market was sub-1 ject to only minor fluctations. Sales: Bank of New South Wales, £34; Commercial Bank of Sydney, £lB 2s; Australian Provincial Assurance, 10s 7d; United

Insurance, £lO 10*; Mercantile Mutual Insurance, 235: Associated News, 26s 4|c ; ditto, prof., 25. s 9d; Adelaide Steam 2os 3d; British Tobacco, 37s 9d; Tooths, 45=; Tooheys, 29s 3d; Australian Glass, 49e; Dunlop Perdriau, 18s 9d; Goldsbrough Mort, 345; Henry Jones, 325; lairymead Sugar, 34s 6d; Electrolytic Zinc, 275; Lustre Hosiery, pret., 26s 9d; Standard Cement, 17s 9d; General Industries, lie 10d; ditto, pref., 235; Gordon and Gotch, 41s. Australian Iron and Steel, pref., 23s 3d; Broken Hill Proprietary, 48s 9d; South Broken Hill, 735; North Broken Hill, 945; Kuala Kampar, 16s 3d; Rawang Tin, 9s; Larut, 13s 8d; Mt. Morgan, 21s 4id; Tong- 1

kali Harbour. 23s ltd; Placer Development, £23; Malim Nawar, 16s 3d. MELBOURNE, May 3. Sales on the Melbourne Stock Exchange to-day included: Commercial Bank of Australia, pref., £9 15s; Commercial Bank of Sydney, £18; Goldsbrough Mort, 345; Herald and Weekly Times, 51s 6d; Mt. Lyoll, 23s 6d. P. AND 0. DEFERRED STOCK. NO INTERIM DIVIDEND. LONDON, May 2. The Peninsular and Oriental Steam Navi-

gation Co. will not be paying an interim dividend on its deferred shares. No dividend on the company’s deferred stock was paid in 1932 and 1933. COLOMBO TEA AUCTION. Per Press Association. DUNEDIN, May 3. The following cabled report on the Colombo tea auction of May 1 has been received here: At yesterday’s auction of 2,310,0001 b common teas were firm to dearer, while all other grades advanced 2 to 3 cents; 2,610,0001 b are catalogued for ■ 1 the sale next week.

Buyers. Sellers. N.Z. GOVT LOANS— £ s. d. £ s. d. 4 p.c. Bonds, 1940 .. 104 5 0 — 4 p.c. ditto, 1946 104 7 6 105 0 0 '4 p.c. ditto, 1949 103 2 6 — 4 p.c. ditto, 1955 104 7 6 — 3£ p.c. ins. Stock, 1939-43 103 7 6 — p.c. ditto, 1939-52 .. 104 7 6 — 3£ p.c. ditto, 1938-45 .. 103 7 6 — p.c. ditto, 1938-52 .. 104 7 6 — 4 p.c. ditto, 1940 104 5 0 — 4 p.c. ditto, 1946 104 7 6 — 4 p.c. ditto, 1949 103 2 6 — 4 p.c. ditto, 1955 104 7 6 — DEBENTURES — Dunedin City, 5£ p.c.. 1944 101 10 0 — Well. City, 5£ p.c., 1940 101 0 0 — Makerua Dge. Bd., 6 p.c., 1946 — 102 5 0 Well. City, 4J p.c., 1935 — 103 0 0 Well. Gas Co 101 0 0 — Well. Racing Club .. 99 10 0 — Amid. Brick and Pipe , Wellington — 90 10 0 BANKS— Australasia — 12 12 0 Comrcl. of Aust., ord. 0 16 10 0 17 1 Comrcl. Banking Co., Sydney — 18 5 0 Eng., Scot, and Aust. yb 7 6 5 9 0 National of Australasia, £5 paid *6 7 6 — New South Wales ... *33 0 0 33 12 6 New Zealand ‘2 10 1 2 10 9 Ditto, “D” long term *1 14 0 1 14 7 Union of Aust 9 19 0 10 2 0 FINANCIAL— Abraham and Williams, ord. 2 8 0 — Ditto, pref 4 0 0 — Goldsbrough Mort. and Co — 1 14 3 N.Z. Guarantee Corp 0 4 2 0 4 4 N.Z. Loan and Merc., ord. stock 50 0 0 — N.Z. and River Plate 1 3 9 Well. Trust, Loan .. 4 17 6 5 10 0 General Finance — 0 19 0 GAS— Auckland, contrib. — 0 18 7 AVollington, ord 1 16 10 — INSURANCE— National of N.Z ‘0 19 6 1 0 0 New Zealand — 3 0 0 Queensland 3 8 0 — South British — 3 18 9 Standard 3 0 9 — MEAT PRESERVINGGear Meat 1 7 1 — N.Z. Refrig., £1 paid 0 17 6 — Ditto, 10s paid 0 7 9 — AVell. Meat Ex., pref 0 19 9 — TRANSPORT— Huddart, Parker, pref 1 5 3 — Union Steam, pref. .. 1 5 8 1 6 3 WOOLLEN— Kaiapoi, fully paid .. — 0 10 3 Ditto, contrib — 0 3 3 Wellington, ord 5 5 0 5 11 0 Ditto, pref — 5 11 0 COAL — Pukemiro 1 3 3 1 4 6 TIMBER— Kauri 0 15 0 0 17 6 Leyland-O’Brien 1 1 3 1 2 0 BREWERIES— Carlton 2 5 0 — N.Z. Breweries 2 1 6 — Staples and Co — 1 90 Tooth and Co 2 4 5 2 5 0 Tooheys 1 8 4 1 9 3 MISCELLANEOUS— British Tobacco. Aust 1 17 0 — Colonial Sugar f64 0 0 - Dominion Fertiliser . — 0 18 0 Dominion Investments 1 10 0 — D.I.C., ord 0 14 0 — Ditto, pref 1 1 9 — Dunlop Perdriau — 0 19 1 Electrolytic Zinc, 8 p.c., part pref — 1 14 6 N.Z. Drug 3 14 0 — Prestige, N.Z., pref — 0 19 9 Sharland and C'o., ord *1 3 0 — Ditto, pref *1 3 0 * Woolworths, N.Z., ord 5 12 0 — N.Z. Malay Rubber, pref — 1 6 0 Ditto, ord 0 5 0 — OIL— Moturoa, ord 0 3 11 — Taranaki 0 2 0 0 2 6 MINING— Alexander, fully paid — 0 17 6 Ditto, contrib — 0 15 9 Big River — 0 0 11 Blackwater . 1 12 0 1 15 6 Gillespie’s Beach 0 2 1 0 2 2 King Solomon 0 4 4 0 4 8 Mahakipawa . 0 0 7i - Mount Lyell 1 4 0 Okarito . 0 8 5 0 8 9 AA'aihi Grand Junction — 0 5 0 Talisman Dubbo . *0 12 9 0 13 6 Skippers. Is paid .... — 0 1 1 Brian Iloru, Is paid 0 2 0 0 2 1 Lawsons Flat . 0 0 3 — Mining House Conces sions . 0 0 5 0 0 6

£ s d £ s d Dalgety & C'o. shares 8 10 0 8 10 0 Dalgety and debenture Co. 4 p.c. stock 100 0 0 *100 0 0 Goldsbrough Co. 5 p.c Mort & deb. stk. 102 5 0 101 10 0 *Ex interest.