FINANCIAL

Manawatu Standard, Volume LVII, Issue 306, 25 November 1937, Page 6

FINANCIAL

WELLINGTON STOCK EXCHANGE. YESTERDAY’S - BUSINESS AND PRICES. General ■weakness was the outstanding feature of the - Wellington stock •and share markets yesterday, price declines being recorded in practically every section. Little interest was shown in Government loans, and there was no inquiry for some classes of shares, the demand in other sections being dull and listless. Bank issues shared the general weakness except New Zealand, which were steady ' at 44s 4d, sellers 44s Bd. Union sold at £9 4s, a drop of 3s 6d, and New South Wales had unsupported buyers in at £32. Pastoral and financial issues were not wanted, with the exception of N.Z. Guarantee Corporation, which sold at 4s Bd. Australian metal company shares weakened in sympathy with the London base metals market. The following table compares the prices of these shares yesterday with those ruling last March:

"Buyers. tSellers. Mount Lyell touched a low level in sales at 30s lOd, hut recovered to 32s 3d. YESTERDAY’S QUOTATIONS.

The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follow: Buyers. Sellers. N.Z. GOVT. LOANS— £ s. d. £ s. d.

Southland Wellington Meat Exp. 0 8 0 TRANSPORT—

Union Steam, pref. ... 16 9

YESTERDAY’S SALES. Wellington.—Union Bank, £9 4s; N.Z* Guarantee Corpn., *4s 8d; Bruce Woollen, pref. *£l Os 9d; Kaiapoi Woollen, 12s 2d; Kauri Timber, *£l 2s 10Ad; British lobacco, £2 9s; Broken Hill Pty., ngnrs, £1 7s 3d, £1 7s 2d; Colonial Sugar, ex div £46 8s 6d; Electro Zino, ord., £2 5s 6d; Felt and Textiles, rights, 14s; Sydney Ferries, 7s 6d; Taranaki Oil, 6s 4d (2) ; Woolworths, Ltd., *£l 6s lid, *£l 5s 6d, £1 5s 6id, £1 5s .4d (2), £1 5s 5d (2); Morning Star, *2s s£d; Mount Lyell, £1 10s lid (2), £1 10s lOd, £1 11s 6d (2), £1 11s 2d, £1 12s 3d; Mount .Morgan, 11s sd; Nokomai, 2s 3d. "Lato sale Tuesday. Auckland. —Inscribed stock, 3£ p.c., 15-3-39-43, £101; Amalg. Brick (Wellington), 6 p.c.. 31-3-44, £92; National Bank of N.Z., £2 17s; Bank of N.Z.. £2 4s Bd, £2 4s 7d, £2 4s 6d, odd lot £2 4s 7d; Dominion Breweries, prof., £2; Tooth and Co., £2 13s; Broker. Hill Pty., £2 19s 3d, £2 19s (3), £2 19s lid, £2 19s 3d, £1 7s 3d (2); Colonial Sugar, cum div., £46 12s 6d; Consolid. Brick, 7s 6d; Dunlop-Perdriau, £1 2s; Electro Zinc, prof., £2 8s 3d; Mount Lyell, £1 11s 3d £1 11s 9d,- £1 12s 6d; Mount Morgan, 11s sd. Christchurch. —Comm. Bank Aust., 16s lid; Broken Hill Pty., rights, £1 7s 3d, £1 7s 2d (2) ; Electro Zinc, ord.. £2 ss, £2 4s lid (3), £2 5s 6d. £2 5s 7d (2). prof., £2 7s 3d (2), £2 8s 9d (2), £2 8s 8d; G. J. Coles, £4 Is, £4 2s; Woolworths, Ltd., £1 ss; Grev River, 7s 6d paid, 9s 3d (2): Broken Hill South, £1 14s sd, £1 14s 3d, 13s lOd, £1 16s (6) : Mount Lyell, £1 £1 14s (2), £1 13* lid, £1 13s 9d, £1 11s, £1 11s 3d, £1 12s Id; Mount Morgan, 11s 4d. Sales reportedlnscribed stock, 4 p.c., -1512-43-46, £lO3. 15-4-46-49. £103: Govt. Bonds, 4 p.c., 15-4-46-49.. £103; Dunlop Pcrdriau, £1 2s; Electro Zinc, ord., £2 5s 6d, £2 5s 7d.

Dunedin.;—N.Z. Rofrig., 10? paid, 9s 7d (3); D.1.C., ord., 15s 3d: Electro .Zinc, ord., £2 55.(2); Broken Hill South, £1 14s (3): Mount Lvcll. £1 11s Id' (3)'; North Broken Hill, £2 B*. 3d.

March Nov. 24. £ s d £ s d Broken Hill Ppty. 4 in 3 *2 19 3 Electro-Zinc ord. ... 3 8 4 2 5 6 Ditto, pref 3 9 0 *2 8 0 Broken Hill South 2 19 6 *1 14 3 Mount Lyell ... ... 2 12 6 1 10 10 North Broken Hill 4 32 0 +2 10 0

3i n o. Triser. Stock, 3-1939-43 — 101 5 0 Ditto, 3-1941-43 101 0 0 — Ditto, 0-1941-43 101 0 0 — Ditto, 11-1939-52 — 102 5 0 Ditto. 5-1939-52 — 102 5 0 4 p.c. ditto, 2-1943-46102 15 0 — Ditto, 6-1952-55 — 105 5 0 5 p.c. Rural Bonds, 15-9-1947 101 10 0 — DEBENTURES— Hamilton Boro, 41 p.o., . . 1-4-63 — 107 10 0 BANKS— . . Australasia — 11 2 6 Comrcl. of Aust., ortl. — 0 0 17 0 New South Wales ...*32 0 — 8 New Zealand *2 4 4 2 4 Ditto, D. long term . *1 9 6 — Union of Aust — 9 5 0 FINANCIAL— . . . Dalgety and Co — *10 0 U Equitable Bldg-. Co. . — 0 10 5 Goldsbrough, - Mort .. — 1 11 9 National Mort. A ... — 2 8 0 • N.Z. Guarantee Corp. 0 4 5 0 4 : 9 Well. Invest, T. &A. — 0 9 6 Metropolitan Bldgs, £10 paid 12 15 0 GAS— . . _ Auckland — 1 1 9 Christchurch, contrib. — 0 13 9 Gisborne — 0 8 6 INSURANCE— _ _ • National of N.Z. ... — 0 17 y New Zealand * 5 4 9 Standard — 6 0 6 MEAT PRESERVING — N.Z. Refrig., 10s paid " 0 9 9

WOOLLEN Kaiapoi • 0 12 6 Ditto, pref — 0 17 4 Oamaru — 0 18 7 Timaru — 0 17 3 Wellington, prc£ 5 10 0 — COAL— Pukemiro 0 18 0 — AVestport-Stockton ... 0 2 4 — TIMBER— Rotoili ' 0 4« 3 Ditto, pref 0 19 0 Taringamutu *0 14 9 . BREW ERIES— Sunshine — 0 12 0 Dominion — 2 0 3 N.%. Breweries — *2 7 6 Tooth and Co — +2 13 3 MISCELLANEOUS— British Tobacco 2 8 6 2 9 6 British Tobacco, pref. 1 10 6 — Broken ITill Ptv. ... 2 19 3 3 0 3 Ditto, rights 1 7 3 1 7 6 Colonial Sugar *46 2 6 — Denhard, pref 1 0 0 — Dental & Medical Sup. 0 13 3 — Dominion Fertiliser .. — 1 4 t> D.T.O., pref 1 3 6 — 'Dunlop Perdriau 1 1 9 — Electrolytic Zinc, ord. 2 5 6 2 6 0 Ditto, prof 2 8 0 — General Industries ... — 0 19 0 G. J. Coles 4 1 6 4 3 6 Macduffs, pref — 1 6 0 McKenzies rights 2 0 0 2 2 3 Milburn Lime — 2 0 9 Sharland & Co., ord. — 0 18 0 Taranaki Oil 0 6 3 — Wilsons N.Z., Cement — *0 18 b Wool worths N.Z., ord. — *5 2 0 Ditto, now — *5 0 0 Ditto, Ltd., ord 1 5 4 1 5 6 Ditto, Ltd., 2nd pref. 1 8 3 1 6 6 Ditto, Ltd., 1st pref. 2 0 0 — Wairakei. Bid 0 7 6 0 8 0 Iladio (1936) Ltd. ... — 1 2 0 MINING— Argo t — 0 1 11 Big River 0 1 2 — Broken Hill South ... *1 14 3 1 16 0 Mount Lyell “1 12 0 1 12 4 Mount Morgan 0 11 3 — North Broken Hill . — *2 10 0 Placer Development . 3 10 0 — OVERSEAS LISTINGS— Woolworths Holdings — TO 14 3 *Cum dividend. +Ex dividend.