WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LV, Issue 194, 16 July 1935, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. Dealings recorded on the Wellington Stock Exchange yesterday were confined almost wholly to industrial and trading issues and gold-mining shares. The markets opened somewhat quietly, but quotations showed very littlo change. Thero was again a strong demand for Government loans, hut sellers were reticent. The 4 per cent stock, 1955. was again dealt in. at £lll 15s. Following payment of a halfyear’s interest yesterday, tho 4 per cent bonds and stock, 1937-40, wero marked down 40s to £lO2 5s and £lO2 respectively. Local body and company debentures did not figure in yesterday’s price list. Bank shnres were again a firm market on an active demand. Commercial of Australia were a point up at 16s 9d and Commercial of Sydney advanced Is to £l7 11s. New Zealand moved up to 52s 5d without response. Rcservo Bank were firmer at £6 9s 3d, sellers £6 9s 6d. New South Wales were wanted at £3l 12s 6d. Queensland Insurance were strong at 58s. _ Gas, meat-freezing, shipping, woollen, timber, ami brewery shares showed littlo quotable change. In the miscellaneous section Anthony Hordern sold at 20s, Broken Iliil Proprietary at 59s sd, and Consolidated Brick at 10s Bd. Buyers advanced to £44 for Colonial Sugar. Six sales were recorded in tile gold-mining section. Wailii . going at 37s 6d and Mount Morgan at 375. YESTERDAY’S QUOTATIONS. The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follow: — Buyers. Sellers.

T.T represents telegraphic transfers. I O.D. represents on demand transactions. The above rates are subject to alteration without notice. The Associated Banks (other than tho Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice:

NEW ZEALAND TOUND ABROAD. Based on the figures quoted by the Bank of New South Wales, the Zealand pound, compared with its original par value, is equivalent to, approximately : 16s Id in London. £1 0s Id in Australia. 16s 4d in U.S.A. 16s 4jd in Canada. 9s 7d in France. 10s 4d in Italy. 9s 5Ad in Germany. 9s 5d in Java. £1 7s 7d in Japan.

N.Z. GOVT. LOANS— £ d. £ s. d. 4 p.c. Bonds, 1937-40+102 5 0 — 4 p.c. ditto, 1943-46 ...108 0 0 — 4 p.c. ditto, 1946-49 ...109 0 0 — 4 n.c. ditto, 1952-65 ...111 10 0 — 33 p.c. ditto. 1938-41 ..102 5 0 — 5k p.c. I nr. stock, 1939-49-52 107 10 0 — p.c. ditto, 1938-40-43 105 5 0 — 34 p.c. ditto, 1938-49-52 107 10 0 — 4 p.c. ditto, 1937-40 +192 0 0 102 17 6 4 p.c. ditto, 1943-46 ...108 5 0 109 0 0 4 p.c. ditto, 1946-49 ...109 0 0 — 4 p.c. ditto, 1952-55 ...111 10 0 112 0 0 33 p.c. ditto, 1938-41 ...102 5 0 — BANKS— Australasia — 11 2 0 < .'omrcl. of Aust *0 16 9 0 17 0 Comrcl. Banking Co., Sydney 17 11 0 18 0 0 Eng., Scot, and Aust. 5 1 6 — National of N.Z — 3 10 0 National of Australasia, £5 paid 6 5 0 — New South Wales ... 31 12 6 — New Zealand ; 2 12 5 —

Reservo Bank of N.Z. 6 9 3 6 9 6 Union of Aust *8 18 6 — Ditto Mclbno. reg. .. *8 19 0 — FINANCIAL — Abraham and Williams, ord 2 14 0 — Ditto, prof 3 16 0 — Dalgotv and Co — 8 6 G Equitable Bldg. Co. .. — 4 10 0 Goldsbrough, Mort. and Co 1 9 3 19 9 National Mortgage, B 1 12 0 — N.Z. Guarantee Corp. — 0 5 11 N.Z. Invest., Mort. and Deposit 0 8 0 — Well. Invest., T. & A. 0 9 3 0 10 6 Well. Trust, Loan ... — 5 19 0 Well. Dep. and Mtge. 0 5 0 — GAS- - New Plymouth — 7 5 0 Christchurch 1 15 9 — Gisborne — 0 11 (J Napier 10 2 6 — Wellington, ord — 2 2 9 Ditto, pref 1 4 9 — Thames — 0 6 0 INSI 'RANGE — National of N.Z 1 0 9 1 1 0 Queensland 2 18 0 — South British — 4 19 9 MEAT PRESERVING— Gear Meat 1 0 9 1 1 6 N.Z. Rofrig., £1 paid 0 19 9 — Ditto, 10s paid — 0 10 0 TRANSPORTHuddart, Parker, ord — 1 19 3 Union Steam, prof. ... 1 7 0 — Kolburn Tramway ... 1 5 6 ■ WOOLLEN— Manawatu 1 16 0 — Wellington, ord — 6 12 6 Ditto, pref 6 6 0 — COAL — Wostport 1 1 6 — TIMBER— Bartholomew — 0 17 0 Kauri 1 0 0 10 7 Lcyland-O’Bricn 1 0 6 — Taupo Totara, pref. .. — 0 19 8 Ditto, ord 0 7 0 0 8 0 BREWERIES— Carlton 2 9 0 — N.Z. Breweries *2 14 3 2 14 10 Staples and Co — 1 16 6 Tooth and Co 2 14 9 — Timaru, contrib 0 8 11 — MISCELLANEOUSAnthonv Hordern ... 0 19 11 10 2 Aust. Glass 3 8 0 3 10 0 British Tobacco, Aust. 1 18 6 — Broken Hill Ptv 2 19 0 2 19 6 Burns, Philp and Co. - — 3 8 0 Colonial Sugar 44 0 0 44 10 0 Con. Brick and Pipe 0 10 3 0 11 9. Dominion Fertiliser ..10 3 — D.I.C., ord 0 15 0 — Dunlop Perdriau 0 16 0 0 16 4 Howard Smith, ord. 0 15 6 —- Moturoa Oil — 0 2 2 N.Z. Drug — 4 4 6 N.Z. Farm. Fertiliser -— *1 1 0 Sharland and Co., ord. — 16 3 Ditto, pref — 1 16 6 Taranaki Oil 0 0 3 — Wilsons N.Z.. Cement — 1 19 6 Woolworths N.Z., ord. 12 5 0 12 15 0 Ditto, Ltd., second Drcf — 18 3 Mason Struthers —■ 0 15 3 MINING— 1 Big River 0 2 2 0 2 4 Blackwater — 1 9 0 Brian Born 0 0 — Gillespie’s Beach 0 1 4 — King Solomon — 0 4 0 Maori Gully 0 1 3 — Mossy Creole *0 2 5 0 2 8 Okarito — 0 6 1 Skippers 0 0 2 — Wailii 1 17 4 — Worksop Extd — 0 2 8 Mount Lyell 0 19 0 0 19 3 Mount Morgan 1 16 10 1 17 0 *Gum. dividend. +Ex divide nd. FOREIGN EXCHANGE. ON NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Weilington, quoted the following rates for their purchases and sales of foreign exchange yesterday : — New Zouland Buying. Selling. on London— £N.Z. to £stg,100 ... T.T. 124 124/10/0 O.D. 123/10/0 124/8/9 Australia — £A. to £N.Z. 100 T.T. 101 100/10/6 O.D. 101 100/10/0 Fij i— £F. to £N.Z. 100 T.T. 90/7/6 89 O.D. 90/7/6 89 New York— dollars to £N.Z.l T.T. 4.01g 3.971 O.D. 4.021 3.973 Montreal — dollars to £N.Z.l T.T. 4.013 3.93 O.D. 4.03 3.93i France — Francs to £1 N.Z T.T. 60.84 59.54 O.D. 61.14 59.59 Hong-Kong— N.Z. pence to 1 dollar . T.T. 3113-16 321 O.D. 31 11-16 32 13-16 Japan — N.Z. pence to 1 yen ... T.T. — 17 13-16 O.D. — — Shanghai— N.Z. pence to 1 dollar . T.T. 22 15-16 241 O.D. 2213-16 24 3-16

U.S.A. Canada (per £1 (per £1 N.Z.) N.Z.) Selling— T.T dols. do!a. 3.97i 3.971 O.D 3.973 3.981 Buying— n n 4.023 4.03