WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LV, Issue 234, 31 August 1935, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. A marked improvement was shown yesterday on the Wellington stock and share murkets, which displayed a firmer tone all round. Business was more active and a fairly substantial turnover was recorded. Government loans were in strong demand, the 4 per cents., 1949, selling at £llO and tho 1955’s at £ll2 10s. A fcature of the day’s business "was the active trading in Mortgage Corporation shares, of winch ten parcels sold at 6s’ 2d and six others ut 6s 3d. It is understood that the corporation’s issue of £500,000 debenture stock at 3 3-8 per cent is already well oversubscribed. Bank shares showed a firmer tendency on a much improved demand. Commercial of Australia advanced to business at 16s 6d. Dalgety wore Is up at £8 6s, without offers lroin holders, and Goklsbrough Mort were wanted at 32s 6d. Buyers advanced to 60s for Equitable Building, but sellers stood firm at £5. Industrial and trading issues showed a hardening tendency in many cases. Broken Hill Proprietary improved to business at 66s 9d. Buyers stayed in at 675, holders moving up to 68s 9d. Australian Gla«s were firmor at 82s 6d. New Zealand Breweries had two sales at 51s and another at 51s 3d. There was a rather hotter inquiry for goldmining issues. The latest buying and 6elling quotations

recorded yesterday on the Wellington Stock Exchange were as follow:Buyent. Seiler.i. N.Z. GOVT. LOAN'S- £ 6. d £ a. d. 4 p.c. Bonds, 1937-40 .102 0 0 102 10 0 4 p.c. ditto, 1943-46 . .106 15 0 — 4 p.c. ditto, 1946-49 . .109' 10 0 — 4 p.c. ditto, 1952-55 . .112 0 0 — 5 p.c. Rural Bonds, 1947 .106 0 0 — p.c. Ins. Stk., 1939-40-43 .104 10 0 — 3i p.c. ditto, 1939-49-52 108 10 0 — Si p.c. ditto, 1938-40-43 104 10 0 — 31 p.c. ditto, 1933-49-52 103 10 0 — 4 p.c. ditto, 1957*40 .. .101 15 0 — 4 p.c. dito, 1943-46 . .106 15 0 — 4 p.c. ditto, 1946-49 .. .109 10 0 — 4 p.c. ditto, 1952-55 .. .112 0 0 5 p.c. dissented stock, 1937 — 102 15 0 DEBENTURES- - Nelson Fire Bd., 33 p.c., 1959 — 105 10 0 BANKSAdelaide 5 17 0 — Australasia 11 4 0 — L’omrcl. of Aust 0 16 5 0 16 8 Comrcl. Banking Co.. Sychiev 17 16 0 — Eng., Scot, and Aust 5 11 0 5 15 0 National of Australasia £5 paid — 6 17 0 Xew Zealand — 2 U 6 Dilto, D long term .. 1 13 0 1 14 3 Reserve Bank of N.Z 6 9 0 6 10 0 Union of Aust 9 2 6 9 9 0 FINANCIAL— Daigoty and Co 8 6 0 —

Equitable Bide. Co. .. 3 0 0 5 0 0 Goldsbrougli, iMort and Co 1 12 6 1 13 3 National Mortgage ... — 2 14 6 N.Z. Guarantee Corp. 0 5 6 0 5 8 N.Z. Loan and Merc., ord. stock 34 0 0 37 10 0 Well. Invest., T. & A. — 0 10 0 Well. Dcp. and Mort. — 0 6 6 Mortgage Corporation 0 6 1 0 6 b GAS— Christchurch Gisborne 1 13 6 0 12 6 Napier, £5 paid .5 13 — INSURANCE--National of N.Z 10 7 1 1 2 New Zealand — 3 6 9 Queensland — 3 1 0 South British — 4 16 0 MEAT PRESERVING— Gear Meat N.Z. Ref rig., £1 paid Ditto, 10s paid 1 1 10 1 0 6 0 9 8 0 10 0 Well. Meat Ex., pref. 0 19 9 — TRANSPORT— Huddart, Parker, pref. — 2 0 3, Union Steam, pref. ... I’, and 0. def. stock 17 3 1 3 6 Kelburn 't ramway 16 0 — WOOLLEN— ! Kaiapoi. ord — *0 15 8 : Wellington, ord — 6 0 o, Ditto, pref 5 17 6 6 0 0 COALWestport Renown 12 0 *0 10 6 ’ TIMBER— Rotoiti Kauri 0 5 0 12 3 1 2 9 •

Taupo Totara — 0 8 0 BlthU EKiEs— Carlton 2 10 0 — N.Z. Breweries 2 10 6 2 11 6 Staples and Co — 1 13 9 Tooth and Co 2 13 6 — Dominion — 0 16 9 Mist KLI.AXEOUS— Aust. Glass 4 2 6 4 3 6 A ust. Iron and Steel 1 4 0 1 5 0 British Tobacco, Aust. 1 19 0 2 0 0 Broken Hill Ptv. ... 3 7 0 3 8 9 ('olonial Sugar — 43 0 0 Con. Ilriek and Pipe 0 11 3 C 11 o Don. and AJed. Sup. — 0 13 0 Dominion Fertiliser ... 1 3 3 — Dunlop 1’erdriau 0 14 2 0 14 9 Kleytrolvtic Zinc, ord. — *1 10 0 Ditto, 8 p.c. pt. pref. — *1 17 4 Howard Smith, ord. .. 0 17 6 0 18 0 N.Z. Drug 4 3 9 4 5 0 N.Z. Paper Niills — 1 13 0 Sharland and Co., ord. — 1 5 0 Ditto, pref — 1 5 0 Taranaki Oil — 0 0 8 \\ dilution Cordage* ... — 0 10 3 Well. Queen’s Theatre — 0 19 0 Woolworths, X.Z., ord. 5 16 0 5 18 6 Ditto, pref — 2 0 6 Dito, Ltd., second prof — 1 7 6 l’rocera Bread, ord. ... — 2 2 0 Ditto, vendor — 2 2 0 Smith and Smith, pref — 1 1 <S G. J. Coles — 3 8 0 MININGBig River 0 1 Gillespie’s Beach — 9 0 1 11 *0 1 3 *Cum. dividend.