WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LV, Issue 89, 13 March 1935, Page 12

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. There was again a good volume of business recorded on tho Wellington Stock Exchange yesterday, prices showing little or no quotable ebungo. Government- loans were steady on a quiet demand. No interest was shown in local body issues. Wright. Stephenson 5 per cent were steady at £97 10s. and Amalgamated Brick, Wellington, 7j per cents., wero wanted at £IOO 10s. There was very little inquiry for bank shares, which showed no change. Australasia sold at £ll 7s, and business was also roported in New Zealand at 49s 3d and Reserve Bank at £6 10s 3d. Financial issues lacked inquiry, Wellington Investment sold at 9s 6d. South British Insurance were easier on sales at 93s 6d and 93s 3d. Westport Coal wore 3d better on a sale at 21s 6d. Breweries showed firmness, especially Now Zealand, which had business at 51s 6d. Miscellaneous industrial and trading issues were practically unchanged. New Zealand Drug had two sales at 80s and Wilsons Cement did further business at 345. Mining issues were quiet. Big River sold at 2s 3d, Consolidated at 15s 6d and Maori Gully at Is 4d. YESTERDAY’S QUOTATIONS. The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follow:

FOREIGN EXCHANGE. ON NEW ZEALAND CURRENCY BASIS. DIRECT DOLLAR RATES. Tho Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday: New Zealand Buying. Selling.

T.T. represents telegraphic transfers. O.D. represents on demand transactions. The above rates aro subject to alteration without notice.

Buyers. Sellers. N.Z. GOVT. LOANS— £ 6. d. £ s. d. 4 p.c. Bonds, 1937-40 .. 102 5 0 — 4 p.c. ditto. 1943-46 ... 105 5 0 — 4 p.c. ditto, 1946-49 ... 108 10 0 — 5 p.c. Rural Bonds, 1947 105 7 6 — 3j p.c. Ins. Stock, 1938-40-43 — 106 15 0 3i p.c. ditto, 1938-49-52 106 0 0 — 4 p.c. ditto, 1937-40 ... 102 0 0 102 15 0 4 p.c. ditto, 1943-46 .. 105 5 0 106 0 0 4 p.c. ditto, 1946-49 ... 108 10 0 — 4 p.c. ditto, 1952-55 ... 110 0 0 111 0 0 DEBENTURES — Wright, Stephenson, 5 P-c 97 10 0 — N.Z. Farmers’ Co-op.. D.S., 1940 — 84 0 0 Amid. Brick, Wien. 100 10 0 — BANKS— Australasia — »11 10 0 Control, of Au&t., ora. — 0 16 6 Comic). Banking Co., Sydney — 16 10 0 Eng., Scot, and Aust. — 5 1 0 National oi Australasia, £5 paid — 6 9 0 New South Wales ... — 30 5 0 New Zealand — 2 9 6 Ditto, D long term ... 1 12 0 — Reserve Bank of N.Z. 6 9 9 — Union of Aust 8 12 0 8 13 6 FINANCIAL— Abraham and Williams, pref — 4 3 0 Dalgotv and Co — 8 15 0 Goldsbrougli Mort. and Vo. — 1 8 3 National Mortgage ... — 3 0 0 N.Z. Guarantee Oorp. — 0 6 1 Well. Invest., T. & A. — 0 10 0 Well. Dop. and Mtce. 0 4 9 — GAS— Auckland 1 7 3 — Ditto, contrib 0 19 10 — Gisborne — 0 12 0 Wellington, ord — 2 4 6 Ditto, . pref 1 6 6 — New Plymouth — 7 10 0 INSURANCEAust. I’rov. Asscc. ... — 0 10 6 National of N.Z 1 1 0 1 1 6 New Zealand 3 7 6 — Queensland — 3 0 0 South British 4 12 6 4 14 0 MEAT PRESERVING— Gear Meat 1 1 4 1 1 9 N.Z. Refrig., £1 paid — 0 19 8 Ditto. 10s paid 0 8 9 0 9 0 Southland — 3 18 6 Well Aicat Ex., pref — 1 1 6 TRANSPORT— Huddart, Parker, ord. — +1 18 0 Union Steam, prof. ... — 1 7 9 Kelburn Tramway ... 1 6 3 — COAL— Taupiri — 0 18 0 Westport — 1 2 0 TIMBERBartholomew 0 14 6 — Kauri — 0 19 6 Loylnnd-O’Brien — 1 2 0 National — 0 15 6 Taupo, pref — 1 3 6 BR EWKRTEH — N.Z. - Breweries 2.11 0 2 11 9 Staplers and Co 1 11 3 — Tenth and Co 2 8 0 2 9 0 Tool) evs 1 8 6 1 9 6 MIS' ’KLLAN LOUS— British Tobacco *1 17 8 1 18 3 Claude Neon Lights ... 2 5 0 — Colonial Sunni' 41 7 6 41 15 0 Con. Brick ' and Pipe — 0 9 10 Den. and Med. Sup. 0 10 6 — D.T.C., ord 0 14 0 — Dunlop Perch-inn 0 17 6 0 18 3 Electrolytic Zinc. old. 1 1 9 — Farmers’ Co-op. A net. 3 7 6 — Henrv Jones Co-op. ... — 1.16 0 Howard Smith, ord. ... — *0 15 6 Mount Lycil 0 17 7 0 18 0 Wellington Cordage ... 0 9 6 — Wilsons. N.Z. Cement 1 13 6 1 14 6 Woolworths N.Z 9 10 0 9 17 6 Farmers’ Trading. ord — 0 7 4 Crystal Ice — 1 19 0 MININGBig River 0 2 2 0 2 4 ( 'mitral Shotover — 0 0 7 Gillespie’s Beach 0 1 8 — King Solomon — 0 3 11 Mahakipawa 0 0 lOj 0 0 11 Skippers 0 0 41 0 0 Talisman Dubbo — 0 10 0 Waihi 2 0 9 2 1 6 Waihi Grand Junction 0 4 9 — Mount Morgan — 1 18 6 Kildare 0 3 3 — Maori Gullv 0 1 3 0 1 4 Mossy Creek 0 2 4 0 2 7 'Cum dividend. +Ex dividend.

on London — £N.Z. to £stg,100 ... T.T. 124 124/10/0 Australia — £ A. to £N.Z. O.D. 123/10/0 124/7/6 100 T.T, 101 100/10/0 Fiji— £F. to £N.Z. O.D. 101 100/10/0 100 T.T. 90/7/6 80 New York — dollars to O.D. 90/7/6 89 £N.Z.l ... T.T. 3.861 3.811 Montreal — dollars to O.D. 3.87| 3.811 ' £N.Z.l ... T.T. 3.891 3.851 France — Francs to £l O.D. 3.901 3.861 N.Z T.T. 58.26 56.96 Japan— N.Z. ponce O.D. 58.56 57.01 to 1 yen ... T.T. — 17 13-16 Shanghai— N.Z. pence O.D. to 1 dollar T.T. 23 1-32 2411-32 IIong-Kong— N.Z. pence O.D. 22 29-32 24 9-32 to 1 dollar T.T. 29 9-16 301 O.D. 29 7-16 30 9-16