WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LIV, Issue 304, 21 November 1934, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. A featureless market yesterday saw very little movement in prices on the Wellington Stock Exchange. Business was quiet on a slack demand, and the turnover was small. Investors showed little interest in Government loans, and the numerous sellers showing were inclined to ease their quotations. The only recorded business was a deal in 4 per cent, stock, 1955, at £ll3 2s 6d. Local body and company debentures were quietly firm. There was a languid inquiry for bank shares, and financial and pastoral issues. New Zealand Guarantee Corporations were very firm at 5s 7d, but this did not attract sellers. Wellington Gas shares were vainly sought at 41s. Insurance shares were quiet but firm, Queensland moving up to 74»s 6d. New Zealand Refrigerating were wanted at par, following a sale of the 10s paid at 10s 2d late on Monday. AA 7 estport Coal were strong at 19s lOd, but sellers were absent. Breweries were quiet and unchanged. Miscellaneous trading and industrial issues were dull. British Tobacco eased to 41s, and Burns Philp to 565. Colonial Sugar were firm at £75. Prestige (New Zealand) preference were wanted at 20s 6d and Whitcomlfe and Tombs at 765. Mining shares were very dull, the only bright spot being an unanswered bid for AVaihi at 39s 6d. Matalti sold at 2s 6Jd, and Brian Born at 9Jd.

YESTERDAY’S QUOTATIONS. The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follow:—-

YESTERDAY’S SALES'. Sales recorded on Dominion Stock Exchanges yesterday are shown in the following list: Wellington. —Inscr. Stk., 4 per cent., 1955, £ll3 2s Gd; Union Bank, *£9 2s; New Zealand Refrig., Contr., *los Id; Brian Boru ( (2), 9£d; Mataki, cum. div., 2s *Late sale Monday. Auckland. —Comm. Bank of Aust., 15s 8d; Bank of New Zealand (2), £2 9s Gd, £2 9s 3d; New Zealand Insurance, £3 10s; Queensland Insurance, £3 15s 3d; South British Insurance, £4 15s; Traders’ Finance, cont., 3s 2d; Claude Neon (Sydney), £2 11s 4d; Sanford, Ltd., 2s lid; Waihi, £1 19s 8d £1 19s 9d; Waihi G Junction, 4s 8d; Mount Lyell, 17s Gd; Mataki, 2s Gd, 2s sd. Christchurch. —Insc. stock, 4 p.c., 1955, £ll3 10s; A.P. Assurance (2), 11s; United Building (4), £1 Is; Kaiapoi Woollen, 7s paid, 5s 9d; New Zealand Breweries (3), £2 9s Bd, (2), £2 9s 7cl; Timaru Brewery, 7s Gd paid, 8s 3d; Tooth and Co.. £2 10s lOd; Broken Hill Pty., £2 11s; Dunlop Rubber, 19s 10d, 19s lid; Wilson’s Cement ,£1 14s Gd; Waihi G. Junction, 4s 8d ; Bell Hooper, 4|d ; Brian Boru, 7£d, (2), 7d, 7Jd; Kildare, 2s 4d; Maerewhenua, 4d; Mahakipawa, lOcl; Mining House, Cone., 2(d; Nevis Diesel, 4Jd. Sales reported: Insc. stock, 4 p.c., 1940, £lO3 15s; Govt., bonds, 4 p.c., 1955, £ll3 ss; Bank of New Zealand (2), £2 9s; New Zealand Insurance, *£3 10s 4d; New Zealand Refrig., *£l 0s 6d, 10s paid, 10s Id; Staples and Co.. £1 10s 8d; Dunlop Rubber, *£l; Farmer and Co., £1 Gs 3d.

Dunedin. —New Zealand Breweries,

£2 9s 9d; Westport Coal (2), £1 0s 3d: Woolworths, Ltd., ord. £3 15s; Bell Hooper (2), sd; Bendigo Goldlight, lid; Kildare 2s 3d.

SYDNEY STOCK EXCHANGE. SYDNEY, Nov. 20. On the Sydney Stock Exchange today, with • the opening of the new Commonwealth loan, gilt-edgeds were quiet but firm. Mining shares were actively dealt in. The market otherwise was without change. Sales: Bank of New South Wales, £33; Commercial Bank of Sydney, £l7 18s; English, Scottish and Australian Bank, £5 ss; Bank of Adelaide, £6: United Insurance, £ll. Associated News, 25s 6d; Burns, Philp, 58s; Australian Gas, A, £8 3s; British Tobacco, 425; Tooths, 50s 6d; Australian Glass, 625; Australian Iron and Steel, pref., 23s 9d; Drug Houses of Australia, 24s 6d; Dunlop Perdriau, 20s ljd; Henry Jone 6,36 s 9d; Millaquin Sugar, 365; Electrolytic Zinc., pref., 35s 3d; Anthony Hordern, 17s 7RI. Broken Hill Proprietary, 51s 6d; South Broken Hill, 795; Euratlia Gold, Bs. Commonwealth Bonds, 4 per cent., 1938, £lO7 7s 6d; 1941, £lO6 10s; 1944. £108; 1947, £lO9 16s 3d; 1950, £lll 12s 6d; 1953, £ll2 12s 6d; 1955, £112.12s 6d; 1957, £111; 1959, £lll ss; 1961, £lll 15s.

MELBOURNE, Nov. 20. Sales on the Melbourne Stock Exchange to-day included: —Commercial Bank of Australia, 15s lid; Metropolitan Gas, £l4 10s; Myers, 28s 3d; Mt. Lyell, 17s lid.

Buyers. Sellers. N.Z. GOVT. LOANS— £ s. d. £ s. d. 4 p.c. Bonds, 1955 ... — 113 10 0 5 p.c. Rural Bonds, 1947 103 10 0 — 34 p.e. ditto, 1939-52 ... — 109 0 0 3£ p.c. ditto, 1938-52 ... — 108 10 0 4 p.c. Ins. Stk., 1940 — 104 0 0 4 p.c. ditto, 1946 — 108 17 6 4 p.c. ditto, 1949 — 10817 6 4 p.c. ditto, 1955 — 113 0 0 3i p.c. ditto, 1941 — 104 0 0 DEBENTURES— Napier Boro., 44 p.c., 1958 Well. City, 44 p.c., — 104 0 0 1944 106 5 0 — Hauraki — 102 10 0 Wellington Gas Co. ...104 0 0 — Amid. Brick, Wellington — 104 10 0 Ditto, Auckland • 105 0 0 Wright, Stephenson, 5 p.c., prior lien 98 10 0 — BANKS— Australasia — 11 12 6 Comrcl. of Aust., ord. — 0 15 10 Comrcl. Banking Co., Sydney 17 10 0 — Eng. Scot, and Aust. — *5 5 0 National of N.Z 3 11 0 — National of Australasia, £10 paid *12 7 6 — Ditto, £5 paid *6 3 0 6 6 6 New South Wales .. — *32 10 0 New Zealand — *2 9 9 Ditto, D long term ... ■ *1-14 6 Reserve Bank of N.Z. — ■ 6 12 3 Union of Aust 9 0 0 9 2 0 FINANCIAL— Dalgety and Co — Goldsbrough, Mort. and *9 5 0 Co — 1 11 0 National Mlge. (A.) — 3 0 0 N.Z. Guarantee Corp. 0 5 7 — Well. Invest., T. & A. 0 8 9 — Well. Dep. and Mtge. 0 4 0 — General Finance — 0 18 0 GAS— Wellington, ord INSURANCE— 2 1 0 — Aust. Rrov. Assce. ... 0 10 6 0 11 0 National of N.Z — +1 2 3 New Zealand — 3 10 0 Queensland 3 14 6 . South British 4 13 0 4 15 0 MEAT PRESERVING— Gear Meat . 16 6 N.Z. Refrig., £1 paid 1 0 0 10 9 Ditto, 10s paid TRANSPORT— 0 10 0 0 10 2 P. and 0. def. • stock WOOLLEN— ■13 0 Kaiapoi, paid ..i 0 15 10 — Ditto, contrib 0 5 6 — COABKaitangata 1 1 0 — Westport ■ Westport-Stockton, *0 19 10 ' ' * pref TIMBER— • 0 5 2 Kauri — *0 19 U Leyland-O’Brien *1 2 3 13 0 National — 0 14 6 BREWERIES— N.Z. Breweries 2 9 0 — Staples and Co 1 10 3 — Tooth and Co — 2 11 0 MISCELLANEOUS— British Tobacco, Aust. 2 1 0 2 1 8 Burns, Philp and Co. Colonial Sugar 2 16 0 — 75 0 0 — Con. Brick and Pipe — 0 10 7 Dominion Fertiliser ... — 113 D.I.C., 7/6 pd„ ord. — 0 13 0 Ditto, pref. 1 7 3 Dunlop Perdriau ' 10 2 Electrolytic Zinc, ord. • 15 0 Ditto, 8 p.c., part pref. — 1 15 3 Farmers’ Co-op. Auct. — 3 18 0 N.Z. Drug • 4 10 N.Z. Farm. Fertiliser . 0 19 3 N.Z. Newspapers — 1 14 3 Prestige N.Z., prof. ... Whitcombe and Tombs 1 0 6 — 3 16 0 —- Wilsons, N.Z., Cement — *1 15 0 Claude Noon, N.Z. ... — 2 13 0 Broken Hill Pty — 2 11 6 Lincoln Mills, pref. ... — 1 11 0 United Provisions 0 9 3 0 9 9 MININGBell Hooper 0 0 ol 0 0 54 Bell Kilgour — 0 0 3 Big River — 0 1 74 Brian Boru — 0 0 94 Consol. Goldfields .... — 0 17 6 King Solomon 0 3 7 0 3 9 Mount Lyell 0 17 6 — Skippers 0 0 6 — Waihi 1 19 6 2 0 0 Waitahu — 0 4 0 *Cum. dividend. fF ix dividend.