WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LVI, Issue 263, 5 October 1936, Page 5

WELLINGTON STOCK EXCHANGE.

LAST WEEK’S BUSINESS AND

PRICES. There were no special features in the stock and share markets last week. Following the holiday last Monday, business was rather dull, but it improved later in the week. Tho interest of investors continued to run mainly on Australian industrial issues, New Zealand shares being relatively noglcctcd. 'The markets were generally steady at about late rates. A fair amount of business was done in Government loans, prices showing little or no change. Local body debentures were dull and neglected. There wero dealings in New Zealand Farmers’ Co-operative 43 per cents, at from £92 to £92 10s. Bank shares wero quiet and prices showed little or no change. New Zealand were weak, business being dono at 38s 3d, with later sales at 38s 6d. National of New Zealand sold unchanged at 60s. Commercial of Australia had business at 18s 3cf, 18s 5d and 18s 4d, and Commercial of Sydney were done at £l9 15s. E.S. and A. Bank sold at £5 15s 6d to £5 16s, National of Australasia, £5 paid, at £7 and £7 Is. New South Wales were steady at £32 10s to £32 12s 6tl, and Union of Australia sold at £9 9s 6d. Insurance shares were very quiet, and business was restricted. National firmed on 6alcs up to 18s lOd. Financial and pastoral issues wero quietly steady. Now Zealand Loan and Mercantile ordinary stock had dealings at £35. Goldsbrough Mort were firm at from 33s 4d to 33s Bd. Most New Zealand industrial issues were dull and on the easy side. Wellington Gas sold at 38s. Auckland Gas,_ which have shown weakness for some time, sold at from 22s 8d to 22s lOd. Now Zealand Refrigerating, 10s paid, were weak and sold down to 9s Id. New Zealand timber shares were neglected in favour of Kauri, which were firm and active and sold to 24s 9d. Breweries were quiet. _ Dominion firmed to business at 325. Tooths were easier, selling at 563 and 55s 3d. Staples wore done at 34s 9d and New Zealand at from 52s Id to 51s lid. Most, of the business recorded in tho miscellaneous section was dono in Australian issues, which wore generally steady. Anothony Hordern sold at 18s 8d and 18s 7d, Amalgamated Wireless contributing were very firm at 40s 9d, and Australian Glass had dealings at 92s 3d to 92s 6d. British Tobacco were transferred at 43s 6d, and Burns Phdp at 725. Broken Hill Proprietary were quiet but firm at from 76s 6d to 77s 2d, tho new issue contributing going at 56s lid to 575. There was active trading in tho rights to Wellington Alluvial, which ranged from 2s 4d to 3s. DunLop Pordriau sold at 18s 6d to 18s 7d and ex dividend at from 17s 7d to 17s 43(1. Colonial Sugar were firm at £42 17s 6d to £43. Electrolytic Zinc wore less active, but dealings wero on a firm basis. G. J. Coles were traded at from 81s 9d to 82s 3d and ex rights at 76s 9d to 775, the rights selling at 35s 6d and 345. Taranaki Oil developed some interest and sold at Is 6d to Is 7d. Woolworths (N.Z.) improved on business from £5 Is to £5 3s 6d, and the Sydney issue was active at £5 5s to £5 7s 6d. Tho chief feature in tho mining section was heavy trading in Mount Morgan. Business was done at from 12s lOd up to 14s 9d, but the market weakened later and sales were made down to 13s lOd. Martha firmed from 19s 6d to 20s Id, and Waihi Junction to 3s 9d. Mount Lycll were also firmer, but other issuer were quiet and little changed. SATURDAY’S QUOTATIONS. Tho latest buying and selling quotations recorded on Saturday on tho Wellington Stock Exchango were as follow: Buyers. Sellers. N.Z. GOVT. LOANS— £ s. d. £ s. d. 33 p.c. Inser. Stock, March, 1939-43 101 15 0 3j p.c. ditto, Sept.,

DEBENTURES—

SATURDAY’S SALES

Wellington.—lnscribed stock, 3} per cent., 1938-52 (2), *£lo4; 3J per cent., 3-1939-43, *£lo2; 4 per cent., 1955, £lO5 15s; Taupo Totara Timber, *9s lOd; Taranaki Oil (2), Is 6d; Mount Morgan, *l3s 9d, * 13s *Late sale Friday. Auckland.—Auckland (las, £1 2s

lOd; Australian Glass, £4 12s 3d ; Broken Hill Pty., cont-r., £2 16s 9d; Farmers’ Trading,’A pref., £1 Is 9d; G. J. Coles, rights, £1 14s; Comm. Bank Aust., odd lot, 18s 4d; Mossy Creek, Is 33d. Christchurch.—New Zealand Retrig., 10s paid, 9s Id; Tooth and Co., £2 15s 3d; Broken Hill Pty., £3 17s 2d; rights, 2s 6d, 2s 4d; G. J. Coles, £3 16s 9d ; Kauri Timber, £1 4s 9d; National Electric. 14s 9d; Brian Boru, 3d. Sales reported: Union Bank, £9 9s 6d; New Zealand Refrig., 10s paid, 9s 2d; G. J. Coles, £3 16s 6d; National Electric, 15s; Central Shotover, 43d. Dunedin.-—Bank of New South Wales, £32 12s 6d; Bank of New Zealand, £1 18s 6(1; Goldsbrough Mort £1 13s 8d; New Zealand Refrig., 10s paid, 9s 3d; Mosgiel Woollen, £9 12s 6d; Australian Glass, £4 12s 6d; Mount Morgan, 13s lOd; Central Shotover, 4d.

SYDNEY STOCK EXCHANGE

SYDNEY, Oct. 3. Stock Exchange sales to-day included: Commonwealth bonds, 33 per cent., 1948, £96 12s 6d; 3J per cent., 1951, £9B 10s; 4 per cent., 1938, £lO2 6s 3d; 1941, £lO2 7s 6d; 1944, £lO2 15s; 1947, £101; 1953, £lOl 15s; 1957, £lO2 7s 6d; Anthony Hordern, 18s 6d; British Tobacco, 43s 6d ; Broken Hill Proprietary, new. 57s 9d; Burns, Philp, 71s 9d; Colonial Sugar, £43 10s; Goldsbrough Mort, 33s 103 d; Millaquni Sugar, 42s 9d; Morris Hedstrom, 265.

1939-43 ..101 15 0 — 3g p.c. ditto, 1939-52 .. ..103 10 0 — 3j p.c. ditto, 1938-52 .103 10 0 — 4 d.c. ditto, 1943-46 .. .103 15 0 — 4 p.c. ditto, 1946-49 .105 10 0 — 4 p.c. ditto, 1952-55 .. .105 10 0 — 4 p.c. Bonds, 1943-46 103 15 0 — 4 p.c. ditto, 1946-49 . .105 10 0 — 4 p.c. ditto, 1952-55 .. .105 10 0 — 5 p.c. Rural Bonds, 1947 ,.103 0 C

Waitomo E.P., 41 p.c., 1943 — 102 0 0 llaetilii Boro., 41 p.c., 1959 - 101 0 0 Manawatu-Oroua River Bd.. 41 p.c., 1960 ... — 103 0 0 BANKS— Australasia +11 15 0 — Comrcl. of Aust., ord. 0 18 4 0 18 6 Comrcl. Banking Co. of Sydney 19 5 0 19 17 6 National of N.Z — 3 0 6 Nat. of Australasia ... 14 0 0 — Ditto, £5 paid 7 0 0 7 3 6 New Zealand 1 18 5 1 19 0 Ditto, D long term ... — 1 9 0 Union of Aust — 9 10 0 FINANCIAL— Equitable Bldg U 10 3 1 14 Goldsbrough, Mori ... 1 13 4 3 N.Z. Guarantee Gorp. — *0 5 N.Z. River Plalo 0 14 0 — Well. Invest., T. & A. — 0 9 6 Wright, Stephenson .. — 0 19 6 GAS— Christchurch 1 6 6 1 8 6 Wellington, ord 1 17 6 1 18 9 INSURANCE— National of N.Z — 0 19 0 New Zealand 3 0 0 3 i 0 South British 4 9 0 4 12 0 MEAT PRESERVING— Gear Meat — 0 18 3 N.Z. Refrigerating ... — 1 0 19 1 Ditto, 10s paid 0 9 — Weil. Meat Export ... — 1 3 6 TRANSPORT— Iluddart, Parker, ord. 1 14 6 — Ditto, pref + 6 3 — Union Steam, pref. ... 1 6 6 — P. and 0. del. stock 1 11 0 1 18 0 Silverton Tram — WOOLLEN— Bonds Hosiery Mills 0 19 b Manawatu 1 18 0 Wellington, ord 6 6 0 6 6 0 Ditto, pref “ 6 6 0 COAL— Pukcmiro — 1 5 3 TIMBER— Kauri 1 4 3 1 5 0 Leyland-O’Brieu — 1 2 6 National 0 13 6 0 14 6 Rotoiti 0 5 9 0 6 0 Taringamutu 0 11 6 — Taupo Totara 0 10 1 Ditto, pref 9 18 9 — Ditto, 16s paid 0 16 b BREWERIES— Carlton 3 3 0 — N.Z. Breweries — 2 12 6 Staples and Co 1 14 9 Tooth and Co 2 16 0 Tui 2 11 0 — MISCELLANEOUS— Anthony Hordern 0 18 3 — Aust. Glass 4 12 0 4 12 9 British Tobacco 2 2 6 2 3 6 Broken Hill Pty 3 16 6 3 17 3 Ditto, contrib. 2 17 3 Con. Brick and Pipe 0 9 8 Denhard, ord 0 4 6 — Den. and Med. Sup. 0 10 9 — Dominion Fertiliser ••• 1 4 9 Dunlop Perdriau — 0 0 17 3 Electrolytic Zinc, ord. 2 3 2 3 6 Ditto, pref 2 5 0 2 6 0 G. J. Coles, ex rights — *3 16 0 Howard Smith, ord. .. 0 19 0 Hume Pipe ~T 0 0 19 0 N.Z. Newspapers 1 19 2 0 3 Taranaki Oil 0 1 6 0 1 Woolworths N.Z., Ltd. 5 2 6 6 4 0 Broken Hill rights to .... Wgnt. Alluvial© — U 8 MINING- . .. „ Blaukwatcr Brian Born 0 0 2k 0 0 3J King Solomon — U I Maori Gully U U Mossv Creek 0 1 6 — Nemona 9 1 6 0 ibj Skippers 0 0 31 0 0 4i Mount. Lyell 1 9 Mount Morgan 0 13 6 3 1 9 10 0 13 10 *Gum dividend. +Ex di -mend.