LOWER TREND.

Manawatu Standard, Volume LVIII, Issue 151, 27 May 1938, Page 5

LOWER TREND.

WELLINGTON SHARE QUOTATIONS. There was a distinctly weaker trend yesterday in the Wellington share market, arid business was done in a number of issues on a lower ' basis. Government loans were quiet and unchanged. Bank shares were almost entirely neglected, and ■ the general trend was downward. New Zealands weVe unsupported at 44s 4d, aud National of Australasia, £lO paid, were marked down to £l3 10s ex dividend. Commercial of Australia were offering at 16s, and Unions at £8 10s. Goldsbrough Mort weakened to 29s -6d. Buying quotations for most New Zealand industrial and trading issues were almost entirely lacking. New Zealand Breweries had business at 435, a decline of 2s since the early part of the month. Leading Australian shares were) traded at lower rates, and latest quotations indicated general weakness, particularly in -Electrolytic Zinc, Mount Lyell, and Barrier. Sales recorded on the Wellington Stock Exchange yesterday were as follow;

250—Mount Lyell (3) 1 2 10 *Late sale - Wednesday.

YESTERDAY’S QUOTATIONS,

Wellington.—lnscribed stock, 4 p.c., 15-2-43-46, £lO3 2s 6d;, 3£ p.c., 1938-52, £lO2 2s 6d- N.Z. Breweries, £2 3s; British Tobacco, £2 7s lid; Broken Hill Pty., £3, £2 19s 9d; Consolid. • Brick, 8s lid; Dunlop Perdriau, pref., *£l 17s 9d; Electro Zinc prof., £2 2s sd, £2 Is 6d; G. J. Coles, £4 2s £4 Is lid; Woolworths, Ltd., £1 Is 5d (3); Woolworths,' rights, 3s lid (4); North Broken Hill, £2 Is 6d; Mount Lyell, £1 2s lOd (3). *Late sale Wednesday/ Auckland.—lnscribed stock, 4 p.c., 15-2-43-46 £lO3 2s 6d; Auckland Harbour, 4j p.c., ’9-7-40, £lOl 15s; E.S, and A; Bank, £4'l7s 9d; National Bank of N.Z , £2 12s; Bank of N.Z., £2 4s 7d; N.Z. Insurance, £2 18s Id: South British Insurance, £2 7s 4d; Colonial Sugar, £47 10s; Broken Hill Pty., £3, 0s 6d, £3; Dominion Fertiliser, £1 6cl; Electro Zinc, pref., £2 3s (2); G J Coles, £4 2s: Milne and Clioyce, deb., 14s 7d; N.Z. Drug, '£3 7s 6d; N.Z. Paper Mills, rights, Is 3d; _ Woolworths (N.Z.), £1 Is; Woolworths, rights, 3s lOd (2); Talisman Dubbo, 8s Id; Waihi Investments, 8s s’d, Mount Morgan, 8s 6d. Christchurch.—N.Z. Refrig., 10s paid, 8s 4d- N.Z. Breweries, £2 3s; British Tobacco, £2’7s lOd; Broken Hill Pty., £3 (2), contr. £1 16s 6d; Dominion Builders, ss; Electro. Zinc, pref., £2 2s 6d, £2 2s; G. J. £4 2s; Taranaki Oil, 8s sd, 8s 2d f2),(Bs Id; Woolworths, Ltd., £1 3s 3d, £1 Is 2d (2) >- Woolworths, rights; 3s lOd (2), 3s lid (2), 3s lOd; Grey River, 12s 3d; Mount Lyell,

£1 3s sd, £1 3s 4d, £1 3s 3d, £1 3s 2d, £1 Is 3d; Woolworths, rights, 3s lid (3) Mount Morgan, 8s 6d (4), 8s sd. Sales reported: National Bank of N.Z., £2 12s 3d; G. J. Coles, £4 Is 4d (2) ; N.Z. Paper Mills, rights, Is 4d (2); Woolworths, Ltd., £1 Is 3d; Woolworths, rights, 3s lid (3; Mount Morgan, *Bs sd, ,*BS 5 2 d, 8s 7d. *Late sale Wednesday. Dunedin. —National Insurance, *l7s 8d; Broken Hill Pty., £3 Os 6d, contr. £1 16s 6d; N.Z. Paper Mills, rights, Is 3d, Is 2d (2); Taranaki Oil, aßs ,4d (2) ; Woolworths, rights, 4s (2) ; Broken Hill South, a£l 7s 9d; North Broken Hill, £2 Is 6d, £2 Is. *Late, sale Wednesday. a Reported after last call.

£505 —Inser. Stock, 4 p.c., £ s. d. 15-2-43-46 : 103 2 6 £500—Ditto, 3g n.c., 1938-52 ... 102 2 7 50—N.Z. Breweries 2 3 0 100—British Tobacco 2 7 11 50 —Broken Hill Pty .... 3 0 0 50—Ditto 2 19 9 100—Consolidated Brick 0 8 11 100—Dunlop Perdriau, pref. . *1 17 9 50—Electrolytic Zinc, pref. . 2 2 5 50—Ditto 2 1 6 50 —G. J. Coles 4 2 0 100-Ditto 4 1 11 300 —Woohvorths Ltd. ord. (3) 1 5 115—Woohvorths Ltd., rights (4) 0 3 11 100 —North Broken Hill 2 1 6

The latest buying and selling quotations recorded yesterday on the W ellmgton Stock Exchange were as follow Buyers. Sellere. N.Z. GOVT. LOANS— £ s. d. £ s. d. 3 p.c. Inscr. Stock, 7-1939-41 98 0 0 — 3J> p.c. Inscr. 1 Stock, 3-1939-43 — 100 10 0 Ditto, 11-1938-52 — 102 5 0 4 p.c. ditto, 2-1943-46103 2 6 — Ditto, 4-1946-49 103 6 0 — Ditto, 6-1952-55 104 5 0 — 3 i p.c. Bonds, 1-1953-57 98 5 0 — 4 p.c. ditto, 2-1943-46 103 2 6 — Ditto, 4-1946-49 103 5 0 — Ditto, 6-1952-55 104 5 0 — DEBENTURES— Tolaga Bay Hr. Bd.. 4i p.c., 10-9-46 — 102 0 0 Makerua Dge., 4i p.c., 1-8-53 100 5 0 BANKS— G'omrcl. of Aust., ord. — 0 16 0 National of N.Z • 2 12 9 National of Australasia, £10 paid +13 10' 0 New Zealand *2 4 4 — Union of Aust — 8 10 0 FINANCIAL— Dalgety and Co — *8 8 0 Goldsbrough, Mort. ... 1 9 6 — Newton King, pref. ... 0 9 0 N.Z. Invest., Mort. and Deposit 0 9 0 — ,, IN.Z. and River Plate 0 11 3 — Wgtn. Trust, Loan — 5 10 0 GAS— Feilding 0 2 0 — Wellington, ord — 1 16 0 INSURANCE— National of N.Z 0 17 4 — New Zealand : " -2 18 6 .South British — .2 7 6 MEAT PRESERVING— Gear Moat — 0 16 4 N.Z. Refrigerating ... — 0 19 3 TRANSPORT— Huddart, Parker, ord. 2 5 0 2 6 0 Ditto, pref 1 8 9 — Union Steam, prof. ... f *1 7 6 WOOLLEN- / Bonds Hosiery Mills — 0 17 0 Kaiapoi — 0 10 0 Ditto, contrib ‘ 0 3 4 Manawatu ... 1 14 3 Tiroaru 0 15 0 Bruce, pref — 1 2 6 Ditto, ord — 0 8 0 COAL— Taupiri ' 0 17 0 Westport-Stockton 0 2 91 TIMBER— Leyland-O’Brien — 0 18 0 Rotoiti 0 4 0 Rotoiti, pref — 0 18 3 Taringaniutu — *0 14 0 BREWERIES— Dominion — 1 17 9 N.Z. Breweries — *2 3 6 Tooth and Co *2 14 3 2 15 6 MISCELLANEOUS— Aust. Glass *4 12 0 4 12 6 British Tobacco 2 7 9 2 8 1 Broken Hill Pty. ... *2 19 0 2 19 10 Ditto, contrib — *1 16 6 Burns, Philp and Co. - 2 13 9 Colonial Sugar . 1 +47 17 6 Con. Brick and Pipe — 0 9 0 Denhard, ord. . 0 8 3 Ditto, pref 1 1 0 — Den. and Med. Sup. — 0 14 2 D.I.C., ord — 0 14 9 Ditto, pref 1 3 9 — Dunlop Perdriau 1 1 6 Electrolytic Zinc, ord. — 1 18 6 Ditto, pref 2 1 6 2 1 9 General Industries ... — 0 18 9 G. J. Coles 4 0 3 4 1 0 Honrv Jones Co-op. ... • . *2 8 0 Hume Pipe 0 18 9 — McKenzies *3 8 0 Moturoa Oil — 0 a 0 N.Z. Farm. Fertiliser —* 0 19 4' N.Z. Paper Mills,. . . rights ■ - •— 0 1 6 Sharland and Co., ord. — 0 17 0 \ Taranaki Oil — 0 8 9 Woolworths Ltd., ord. 1 1 0 1 1 5 Ditto, second pref. .. 1 7 4 1 8 0 Ditto, rights 0 3 104 0 3 11 Woolworths N.Z., ord. —; * 11 4 MINING— Big River • — 0 1 2 Gillespie’s Beach — 0 0 11 Martha —- - 0 12 4 Mossy Creek 0 1 2 Nemona 0 1 4 — Skippers .‘1 0 0 04 — Kornata Reefs : — 0 7 6 Broken Hill South ... — *1 8 0 Mount Lyoll *1 2 9 1 2 11 Mount Morgan 0 8 0 — Nortff Broken Hill ... . ’ '• *2 1 3 OVERSEAS LISTINGSWoolworths Holdings — 0 16 0 *Cum dividend. +Ex dividend. YESTERDAY’S SALES.