WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LIV, Issue 307, 24 November 1934, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES.

A dull market with a slightly weaker tendency was seen on the Wellington Stock Exchange yesterday. Government loans were quiet, and quotations were distinctly easier. Bank shares were almost completely neglected, the only buying offer being £ll for Bank of Australasia. Goldsbrougli Mort weakened to 29s Bd. N.Z. Guarantee Corporation were firm at 5s Bs, sellers 5s lOd. Wellington Gas were strong at 41s 9d. Westport Coal firmed so 20s 4d. Kauri Timber were 6d down at 17s 3d. British Tobacco were active, a sale being made on ’change at 4is Bd, and three parcels reported sold ar. 41 s 9d. Colonial Sugar were very firm at £76. There was a fair demand for other industrial and trading issues. Milling shares were neglected. YESTERDAY’S QUOTATIONS. The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follow: —

YESTERDAY’S SALES. vSales recorded on Dominion Stock Exchanges yesterday are shown in the following list: — AA 7 ellington.—Bank of N.Z., £2 8s 3d; Kaiapoi AVoollen, contr. (3), *ss 9d; British Tobacco, £2 Is Bs, (3), £2 Is 9d; Consolid. Brick, 10s. *Late sale Thursday. Auckland.—lnscr. stock, 4 p.e., 1940, £lO3 7s 6d; Gisborne Sheepfarmers, 61 p.c., 1941, £lOl ss; Bank of Australasia, £ll ss; Bank of N.S.W., £32 ss; Bank of N.Z., I) Mort., £1 13s 3d; Union Bank, £8 17s 6d; A.P. Assurance 11s; N.Z. Insurance, £3 9s 3d; South British Insur. £4 15s 3d; Farmers’ Auction, B pref. (4), £1 0s 9d, A prof., £1 Is 9d; Traders’ Finance, cont., 3s; British Tobacco. £2 Is 8d; Consolid. Brick, 10s 4d; AYaihi. £1 19s 6d; Goldfields Dredge, 8d; Skippers, 6 1 d. 2 Christchurch. —Bank of Australasia (o.) £ll Is; Comm. Bank of Aust., 15s 8d: Bank of N.S.AV. (6), £32; Reserve Bank, £6 11s 3d; Goldsbrough Mort, £1 9s 2d; N.Z. Farmers’ Co-op., Ist pref. £2 ss; N.Z. Guar. Corpn., 5s 9d, ditto (2), 5s lOd; N.Z. Refng., contr., 9s lid; Christchurch Gas (2), £1 14s 9d; N.Z. Breweries, £2 9s 7d, £2 9s 6d; Staples and Co.. £1 10s 6d; British Tobacco, £2 Is Bd, ditto (3), £2 Is 9d; Hays, Ltd., 15s paid, 16s; N.Z. Farmers’ Co-op., 4\ p.c. Stock, 1945, £B7 (3), £B6; AVaihi; £1 18s 9d; Mount Lyell (3), 17s Bd, 17s 7d; Quill Morris, in liquidation f2), 3s 2d. Other sales: Golden Sands. 2s 9d; Lawson’s Flat, 2d; Mahakipawa, lOd. •Dunedin. —Mosgiel AVoollen, £11; £2 12s Bd.

SYDNEY STOCK EXCHANGE

MARKET FIRM AND ACTIVE

SYDNEY, Nov. 23f On the Sydney Stock Exchange, the principal movements among classified issues to-day were advances in United Insurance, Carlton Brewery and Colonial Sugar. There was also a strong market for Broken Hill shares. Sales: Bank of New South AVales, New Zealand register, £33 2s 6d; Commercial Bank of Sydney, £l7-18s; Union Bank, £8 15s; Queensland National Bank, £5 7s; United Insurance, £ll S S ; Colonial Sugar, £7B 7s 6d; Associated

News, 26s 8d; ditto, pref, 25s 3d; Howard Smith, 16s; Australian Gas, A, £8 2s 6d and £8 3s; Tooths, 51s; Carlton Brewery, 535; Australian Glass, 61s 6d; Goklsbrough, 30s 3d; Morris Hedstrom, 16s 6d; Henry Jones, 36s 9d; Farmers, 26s 9d; Anthony Hordern, 17s 10|d; ditto pref., 265; Lustre, 25s 9d; G. J. Coles, 50s 6d; Mt. Morgan, 37s 3d; Broken Hill Proprietary, 51s 3d ; South Brokens, 80s ; Placer Development, £23 15s; Euratha Gold, 8s 6d. Commonwealth bonds, 4 per cent., 1938, £lO7 7s 6d; 1941, £lO6 10s; 1947, £lO9 16s 3d; 1950, £lll 13s 9d; 1953, £ll2 2s 6d; 1955, £ll2 12s 6d; 1957, £111; 1959, £lll ss; 1961, £lll 10s. MELBOURNE, Nov. 23. Sales on the Melbourne Stock Exchange to-day included:—Commercial Bank of Australia, 16s Id ; Metropolitan Gas, £l4 10s; British Tobacco, 41s 9d; Australian Iron and Steel, pref., 23s 6d.

Buyers. Sellers. N.Z. GOVT. LOANS— £ s. d £ s. d. 5 p.c. Rural Bonds, 1947 103 10 0 5i p.c. Ins. Stock, 1939-43 108 5 0 34 p.c. ditto, 1939-52 .. — 108 5 0 34 p.c. ditto, 1938-52 .. — 108 5 0 4 p.c. ditto, 1940 102 1C 0 103 10 0 4 p.c. ditto, 1946 4 p.c. ditto, 1949 ‘ 108 10 0 107 1C 0 * 4 p.c. ditto, 1955 112 C 0 • 3| p.c. ditto, 1941 102 C 0 102 10 0 DEBENTURESHauraki 102 5 0 Wellington Gas Co. .. 104 0 0 — Amid. Brick, Wellington — 104 5 0 . Ditto, Auckland — 105 0 0 Wright, Stephenson, 5 p.c., prior Hen 98 10 0 — BANKS— Australasia n n 0 11 5 0 Comrcl. of Aunt., ord. — 0 15 10 Comrcl. Banking Co., Sydney — 18 0 0 Eng., Scot, and Aust. — *5 6 0 National of N.Z — 3 15 0 New South Wales ... — *32 15 0 Now Zealand — *2 9 0 Ditto, D long term ... — *1 14 6 Reserve Bank of N.Z. • — 6 11 9 Union of Aust 9 1 0 FINANCIALAbraham and Williams pref 4 10 0 5 0 0 Goldsbrough, Mort. and Co 1 9 8 1 10 2 National Mtge. (A.) — A 0 0 N.Z. Guarantee Corp. 0 5 8 0 5 10 Well. Invest., T. & A. 0 8 9 — GASGisborne — 0 12 6 Wellington, ord 2 1 9 — INSURANCE— Aust. Prov. Assce. ... — 0 11 6 National of N.Z 1 1 4 117 South British 4 14 9 4 15 0 MEAT PRESERVING— Gear Meat 1 — 16 0 N.Z. Refrig., £1 paid — 10 7 Ditto, 10s paid — 0 10 1 Southland 3 12 0 — Well. Meat Ex., pref. 1 5 6 18 6 TRANSPORT— Union- Steam, pref. ... 1 7 6 — P. and 0. del'. stock — 13 0 WOOLLEN— Kaiapoi, paid 0 15 10 0 16 3 Wellington, pref 5 12 6 ~ COALKaitangat'a 1 1 0 _ Pukcmiro — 10 6 Westport n o 4 — Wstport-Stockton, ord — 0 3 0 Ditto, prof — 0 5 2 TIMBER— Kauri ( 17 3 Levland-O’Brien — *13 0 National 0 13 3 0 14 6 Rotoiti 0 3 3 BREWERIES— N.Z. Breweries . *2 10 6 Staples and Co 1 10 3 Tooth and Co 2 10 0 2 11 0 Tooheys Timaru, contrib - 19 0 0 8 1 — MISCELLANEOUS — British Tobacco, Aust. 2 1 8 Colonial Sugar 76 0 0 Con. Brick and Pipe 0 10 0 0 10 6 Den. and Med. Sup. 0 8 9 Dominion Fertiliser ... — 1 1 3 1 D.I.C., 7/6 pd., ord. — 0 13 0 Ditto, prof — 1 7 3 Dunlop Pcrdriau — 10 1 Electrolytic Zinc, ord. 1 4 0 — Ditto', 8 p.c. pt. pref. 1 14 3 1 15 0 Farmers* Co-op. Auct. 3 18 0 N.Z. Drug N.Z. Farm. Fertiliser — 4 1 0 — 0 19 3 Prestige N.Z., pref. 1 0 6 Sharland and Co., ord. 1 5 0 Ditto, pref 1 5 0 Wliitcombo and Tombs 3 17 6 Wilsons N.!3., Cement *1 14 0 United Provisions 0 9 3 0 9 9 Aust. Iron-Steel, pref. — 1 3 11 OIL— Taranaki — 0 16 MINING— Bell Hooper 0 0 4 Bell Kilgour 0 0 1 0 17 Big River — Brian Boru r 0 0 — Gillespie's Beach 0 .1 4 King Solomon — 94 0 3 10 Mahakipawa 0 0 . - . Mount Lyell — 0 17 9 Okarito 0 8 6 0 9 0 Skippers 0 0 6 — Talisman Dubbo 0 11 5 0 12 3. Waihi — 2 0 0 Waihi Grand Junction — 0 4 84 *Cum. dividend.