WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LV, Issue 44, 19 January 1935, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. There was more activity on the Wellington stock and share market, yesterday, 22 sales being recorded. Government loans were again in steady demand, with few sellers. The 4 per cent. bonds, 1949, changed hands at £lO6 10s, and the 1956'.s at £lO9 17s 6d. Bank shares wore actively traded. Australasia were done at £ll 12s 6d, National of New Zealand at £3 11s 9(1 and £3 12s 6d, and Reserve Bank at £6 12s 6d. New Zealand sold late on Thursday at 49s 9d. Buyers yesterday were offering 49s 9d, but sellers were asking 50s 6d, lid up on Thursday. Insurance shares wore again firm, buyers of South British advancing their offers a further 3d to £4 17s 6d, with no sellers in the market. Kaiapoi Woollen were done at 15s 6d and 15s 7d, and Leyland O’Brien Timber at 21s 6d. New Zealand Breweries were firm with a sale late on Thursday at 52s 3d. In the mining section Big River changed hands at 2s Id, King Solomon at 3s 7d, and Mount Morgans at 38s 3d. Waihi were wanted at 39s 6(1, holders asking 40s. YESTERDAY’S QUOTATIONS. The latest buying and selling quotations on tlie Wellington Stock Exchange yester-

IIIF! MONEY MARKET. BANK OF ENGLAND RETURNS. LONDON, Jan. 17. The following is the Bank of England return : ISSUE DEPARTMENT.

Proportion of reserve to liabilities, 47.00 per cent: short loans, 3-4 per cent,; three month bills, f per cent.

day were as follow:— Buyers. Sellci N.Z. GOVT. LOANS— £ s. d. £ s. d. 4 p.e. Bends, 1940 ...102 5 0 — 4 p.e. ditto, 1946 105 15 0 — 4 p.e. ditto, 1949 106 5 0 106 12 6 4 p.e. ditto. 1955 109 10 0 109 17 6 ' 6 p.e. Rural Bonds, 1947 104 0 0 — 5J p.e. Ins. Stock, 1939-43 105 15 0 — 3i p.e. ditto, 1939-52 ...106 2 6 t 3i p.e. ditto, 1938-43 ...105 15 U — 3 i, p.e. ditto, 1938-52 ...105 2 6 — 4 p.e. ditto, 1940 102 5 0 — 4 p.e. ditto, 1946 105 15 0 — 4 p.e. ditto, 1949 106 2 6 — 4 p.e. ditto, 1955 109 10 0 110 0 0 DEBENTURES— Wanganui Hospital Bd., 6j p.e., 1943 — Ill 10 0 Napier Boro., 4J p.e., 1958 105 10 0 Well. Gas Co 104 10 0 — Amid. Brick, Wellington — 103 0 0 Wright, Stephenson, 5 p.e. 98 10 0 -- BANKS— Australasia — 11 15 0 Couirck of Aust., ord. *0 16 4 — Comrcl. Banking- Co., Sydney — 17 15 0 Eng., Seot. and Aust. 5 1 6 5 3 6 National of N.’/j <5 11 9 3 14 0 National of Australasia, £5 paid 6 3 6 — New South Wales ... 31 0 0 — New Zealand 2 9 9 2 10 6 Ditto, D long term ... — 1 11 0 Reserve Bank of N.Z. 6 12 0 — FINANCIALGoldisbrough, Morfc and Co 1 9 0 1 10 2 National Mortgage, A — 3 0 0 N.Z. Guarantee Oorp. 0 5 9 0 6 0 N.Z. Loan and Merc., ord. stock 40 0 0 50 0 0 Well. Trust, Loan ... — *5 19 0 Well. Dep. and Mtge. 0 4 0 — Traders’ Finance -— 0 10 0 GASGisborne — 0 12 3 Wellington, ord — *2 3 9 Ditto, prof 1 4 ) — INSURANCE— National of N.Z 1 2 0 — New Zealand *3 9 0 — Queensland 2 14 6 2 17 0 South British 4 17 6 — MEAT PRESERVING— . N.Z. Refrig., £1 paid — *1 1 6 Ditto, 10s paid *0 10 0 0 10 3 Southland — 4 0 9 Weil. Meat Ex., pref. — 1 7 3 TRANSPORT— Huddart, Parker, ord. 1 17 0 — P. and 0. def. stock 1 1 U — WOOLLEN— Ka*.poi, paid 0 15 5 0 15 9 Wellington, ord 5 12 9 — Ditto, pref 5 12 9 —

COAL— Westport 1 1 9 — TIMBER— Kauri 0 18 0 — Ley land-O’ Brieii 1 1 0 1 3 0 National - . 0 15 0 Rotoiti 0 4 3 — BREWERIES— N.Z. Breweries 2 12 0 2 12 8 Tooth and Co — 2 11 6 Toohoys 1 9 0 — Queensland — 1 7 9 MISCELLANEOUS— British Tobacco, Aust. 1 19 2 1 19 7 Colonial Sugar — 42 5 0 Con. Brick anil Pipe — 0 10 6 Den. and Med. Sup. 0 8 9 — D.I.C., paid, ord. 0 13 0 — Ditto, contrib 0 10 6 0 13 3 Ditto, prof 1 5 6 1 7 3 Dunlop Pcrdriau 0 19 7 0 19 11 Electrolytic Zinc, ord. — 1 2 9 Ditto, 8 p.c. pt. prof. *1 12 10 1 13 3 Henry Jones (Jo-op. ... — 1 16 9 N.Z. Drug — 4 1 0 Wilsons, N.Z., Cement 1 12 6 1 13 0 Woolworths, N.Z 8 0 0 — Aust. Glass 5 1 6 3 3 6 Gates, Ltd 0 5 0 — Broken Hill Pty — 2 14 8 National Electric 0 10 0 0 12 6 Sanford — 0 3 fa OIL— Taranaki — 0 1 0 MINING— Big River 0 2 1 0 2 3 Gillespie’s Beach 0 1 6 — Golden Sands, — 0 3 0 King Solomon 0 3 7 0 3 11 Mount Lyell — 0 17 6 Okarito — 0 8 6 Skippers — 0 0 81 Wail-il 1 19 6 2 0 0 Talisman Dubho — 0 11 6 Waihi Grand Junction 0 4 8 — Mount Morgan 1 17 6 1 18 6 Goldfields Dredging ... 0 0 7i — Maori Gullv 0 1 5i 0 1 61 Mossy Creek 0 2 4 0 2 8 Addisons Flat 0 1 6 — *Cnm. dividend.

Note issue in circulation Banking department £ .. 378,107.218 .. 74,266,474 £452,403,692 Government debt Oilier Government securities . Other securities £ .. 11.015,100 .. 245,890.923 647,326 .. 2,446,651 Gold coin and bullion .. 192,403,692 £452,403,692 BANKING DEPARTMENT. £ Proprietors’ capital 14,553.000 Rost 3.541,610 Public deposits 14,163,044 Other deposits, bank 103.738,416 Other accounts 06, 116.173 £177,112,245 Securities— Government Discounts and advances £ .. 83.356,413 .. 9,052,730 .. 9,866.279 Notes Gold coin and silver coin .... .. 74,296.474 540,349 £177,112,245