WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LIV, Issue 303, 20 November 1934, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES,

The latest buying and-selling quotations recorded yesterday on the Wellington Stock Exchange wore as follow: —

EARNINGS OF RAILWAYS

RESULTS TO OCTOBER 13. EFFECT OF OUT RESTORATION. Complete details of railway revenue for the period ended October 13, concerning which a preliminary statemerit was made on November are contained in the abstract of the working account, which appears in the Gazette. There is a working loss of £38,139, compared with a profit of £27,606 for the corresponding period last year. This retrogression of £65,805 has been officially explained as resulting from the payment, during this period, of the whole of the o per cent, increase in salaries and wages retrospective to April 1. The gross receipts for the four weeks were £414,661, or £26,457 more than last yera. Expenses at £482,800 were £92,262 higher. The operating account for the Nortli Island shows a revenue of £234,104, and expenses amounting to £258,688. There was a loss of £24,584 compared with a profit of £17,398 last year The receipts of the South Island railways were £157,605, and the expenditure was £193,608. The result was a working loss of £36,003, compared with a loss of £13,933 last year. The balance of miscellaneous revenue was £22,448, compared with £24,201 last year. The revenue was £52,952 and the expenditure £30,504. For the period from April 1 to October 13 net revenue was £296,435, compared with £306,457 last year. The oross revenue was £3,251,838, an increase of £202,235’. The expenditure was £2,955,403, compared with £2,743,147, an increase of £212,256. The following is a summary of the net results for the corresponding periods of four weeks in the last three

"Loss on operation.

Buyers. Sellers. N.Z. GOVT. LOANS— £ s. d. £ 6. d. 4 p.o. Bonds, 1949 ... — 109 10 0 4 p.c. ditto, 1955 — 113 5 0 5 p.e. Rural Bonds, 1947 103 10 0 — 4 p.c. Ins. Stk., 1940 — 104 0 0 4 p.c. ditto, 1946 - — 108 17 6 4 p.c. ditto, 1955 — 113 0 0 p.c. ditto, 1941 — 104 0 0 4 p.c. ditto, 43/63 ... — 109 0 0 DEBENTURES— Well. City, 4f p.c., 1944 106 5 0 — Wellington Gas Co. ...104 0 0 — Amid. Brick, Wellington — 104 10 0 Ditto, Auckland • — 105 0 0 BANKS— Australasia — 11 12 6 CJomrcl. of A list.,' ord. — 0 15 10 Comrcl. Banking Co., Sydney 17 12 6 18 0 0 Eng., Scot, and Aust. *5 0 0 5 5 0 National of N.Z 3 11 0 3 15 0 National of Australasia, £5 paid — ‘6 6 6 New South Wales ... — *32 15 0 New Zealand — *2 9 10 Ditto, D long term ... — »1 14 6 Reserve Bank of N.Z/. 6 11 9 6 12 6 Union of Aust 8 19 0 9 5 0 FINANCIAL— Goldsbrough, Mort. and Co — 1 11 6 National iVltge. (A.J — 8 0 0 N.Z. Guarantee Corp. 0 5 6 0 5 7 General Finance — 1 0 0 GAS— Auckland 1 7 9 — Ditto, contrib 1 0 0 — Gisborne — 0 12 3 Wellington, ord 2 1 0 — INSURANCE— National of N.Z — +1 2 0 New Zealand — 3 10 0 South British 4 13 0 — MEAT PRESERVING— Gear Moat 1 6 6 N.Z. Rcfrig., £1 paid 1 0 2 * Ditto, Ids paid 0 10 1 0 10 6 Southland 3 12 0 — TRANSPORT— Huddart, Parker, pref. — 1 10 0 WOOLLEN— Kaiapoi, paid 0 15 9 ,0 16 6 COAL— Pukemiro — 1 0 6 Westport *0 19 9 — Westport-Stockton, pref 0 4 6 0 5 2 TIMBER— Kauri — *0 18 10 Leyland-O’Brien 1 2 3 1 3 0 National — 0 14 6 BREWERIES— N.Z. Breweries — 2 10 3 Staples and Co 1 10 3 — Tooth and Co — 2 11 0 Tooheys — 1 9 6 MISCELLANEOUS— British Tobacco, Aust. 2 1 0 2 1 6 Colonial Sugar 75 0 0 — Con. Brick and Pipe — 0 10 10 Dominion Fertiliser ... — 1 1 3 D.I.C., 7/6 pd., ord. — 0 13 0 Dunlop Perdriau — 1 0 1 Electrolytic Zinc, ord. 1 4 0 — Ditto, 8 p.c. pt. pref. 1 14 3 1 15 3 Farmers’ Co-op. Auct. — 3 18 0 Henry Jones Co-op. ... — *1 16 9 N.Z. Drug — 4 1 0 N.Z. Farm. Fertiliser — 0 19 3 Prestige N.Z., pref. ... 1 0 9 — Wilsons, N.Z., Cement, pref T *1 14 6 Woolworths, N.Z., ord. 8 0 9 — United Provisions 0 9 3 0 9 9 Lincoln Mills, pref. ... — 1 11 0 MINING— Bell Hooper 0 0 4 0 0 6 Bell Kilgour 0 0 5 Big River U I 12 Blackwater 1 10 0 — Brian Boru 0 0 0 1 0 Consol. Goldfields ... —■* 0 17 6 King Solomon — 0 5 10 Mahakipawa 0 0 9 — Mataki *0 2 Mount Lyell 0 17 0 — Okarito 0 8 10 — Talisman Dubbo 0 11 6 — Waihi 1 19 1 — Waitaliu 0 4 0 •Cum. dividend. +Ex dividend.

years 1934. 1933. 1932. £ £ £ 23 . 116,060 109.664 102,677 26 .... 106,963 79,199 78,832 23 .. 40,087 23,105 10,744 21 .. 12,254 20,034 4,467 18 .. 25,525 15,698 18,179 16 .. 33,685 31,011 15,423 Oct. 13 .... .. . *38,139 27,666 10,616 296,435 306,457 240,938