GENERAL WEAKNESS.

Manawatu Standard, Volume LVIII, Issue 245, 14 September 1938, Page 5

GENERAL WEAKNESS.

WELLINGTON SHARE MARKET. Little change was seen yesterday in the Wellington stock and share market, which remained dull and generally weak. Business was sluggish and a small turnover was recorded. Government loans were quiet and unchanged. Business was done in the 3} per cent stock, 1953-57, at £94 ss, and the 4 per cent stock, 1952-55, at £lOl. There was again a fair offering of local body debentures. Bank shares showed no improvement. Comniercial of Australia ordinaries were easier at 15s 8d and thc preference at £9 5s was a shade lower. New Zealand were wanted at 41s (sd, sellers asking 42s 2d. Union eased 6d to £8 7s. There was a poor market for industrial issues, buyers staying out of several sections. Broken Hill Proprietary eased to business at 56s and Dunlop Perdriau to 20s 9d. G. J. Coles recovered from 77s 7d to 78s 9<L three lots being sold at the latter price. Woolworths Ltd were easier at 20s 5d to 20s 7cl. Sales recorded yesterday on the Wellington Stock Exchange were as follow: £ s. d.

1 . / YESTERDAY’S SALES. Auckland.—Mt. Albert, 44 p.c.', 1-7-41, £101; Comm: Bank Aust., 15s lid; Bank of N.Z., £2 Is lid; National Bank N.Z., £2 12s; National Timber, 8,-. 6d; Broken Hill Pty,;. £2 16s 4d; Dunlop IPerdriau, £1 Os 9d; Electro. Zinc, ord., £2 ,2.s 6d; Farmers’ Trading, 19s 9d, A pi’e'f., £1 2s; Imp. Chemicals, pref., £1 Is 8d; Farmers’ 10s 6d ; Mount ■ Morgan, 10s lid. Fertiliser, 17s; Broken Hill South, £1 Christchurch. —Nat. Bank of -N.Z. (3), £2 12s; Bank of New Zealand,;, £2 2s; Goldsbrough Mort, £1 7s; ' Broken ‘Hill Ppty, £2 15s lid; Dunlop Perdriau, £1 Os lid; G.'J. Coles (2j, £3 18s 6d; Wilsons Cement, 16s-7d; Glenroy Gold, Id; Broken Hill South (3), £1 10s 3d ; Mount Morgan (4), 10s lOd; North Broken Hill, £2 ,ss, . ' . ’ Dunedin.—lnter. Stock,. 4 p.c., 15-4-46-49, *£101; 34 ■ p.c., 1953-57, £94 '7s 6d ; Bank of N.Z.y *£2 2s; Dominion Breweries-(2), £1 10s 6d ; Broken Hill Pty., £2 155.10 d; Electro Zinc,- pref., * £2ss 6d; Woolworths, Ltd., *£l 0s 9d; Oil Search, 8s lid; Mount Morgan, 10s lid. *Lato sale Monday.

200—Taranaki Oil ‘0 12 5 200 C. J. Cole*; (2) ‘3 17 7 >■£600—Inscr. Stock, 3i p.c.. 1955-57 94 5 0 £2000 —Ditto, 4 p.c.. 15-6-52-55 101 0 0 100 —Broken Hill Pty. (2) .. 2 16 0 200—Dunlop Perdriau (2) .. 1 0 9 150—G. J. Colee (3) 3 18 9 a2 0 0 100—Taranaki Oil 0 12 6 100 —Woolworths, Ltd., ord. 1 0 5 1 0 6 200—Ditto ....7. 1 0 7 190—Southland Meat al 10 9 ‘Late sale Monday. a Reported after last call. YESTERDAY’S QUOTATIONS. The latest buying and selling quotations recorded vc«tcrday on the Wellington Stock Exchange were as follow: * Buyers Sellers. N.Z. GOVT. LOANS— £ s. p.c. ’ Inscr. Stock, d. £ a. d. 15-3-1941-43 100 10 0 — ‘Ditto, 15-9-1941-43 ...100 10 0 — ‘Ditto, 15-11-1938-52 ... — 100 12 6 ‘Ditto, 15-5-1939-52 ... — 100 12 6 •Ditto, 15-11-1941-52 101 0 0 — ‘Ditto, 15-5-1941-52 ....100 0 0 — Ditto, 15-1-1955-57 ... — 4 p.c. ditto, 15-2-1943-94 7 6 46 100 0 0 ' Ditto, 15-4-1946-49 ... — 100 5 0 Ditto, 15-6-1952-55 ... — 101 2 6 *Tax free to first date, then 4 p.c. Optional maturity three years prior to * final date. DEBENTURES— Mt. Albert. Boro., 4i p.c., 1-7-45 — Wgtn. City, 4i p.o.. 102 10 104 10 0 1-2-47 ■ — 0 Wsrtn. Hr. Bd., 5£ 28-2-40 — 100 7 6 Bay of Plenty E.P., 4* 102 10 p.c., 1-10-39 — Ditto, 1-10-40 — Napier Hr. Bd., 4i p.c., 0 0 0 103 0 104 15 31-3-68 — Ditto, 30-9-68 — Waitomo E.P., 4A p.c., 104 15 0 1-845-51 — 103 10 0 Amalg. Brick, Wgtn. 98 15 0 Ditto, Auckland 96 10 BANKS— 0 0 — Comrcl. of Aust., ord. 0 15 8 — Ditto, pref 9 5 0 — Eng., Scot, and Auet. — 5 4 3 National of N.Z 2 11 8 — New South Wales ... 30 0 0 — 6 2 2 2 Ditto. D long term ... 1 9 5 — 0 Union of Aust 8 7 0 8 10 Ditto, Melbne. rcg. ..8 7 FINANCIAL— 6 Dalgety and Co — 8 2 6 Goldsbrough, Mort. ... 16 9 ' Newton King, prof. ... — 0 9 6 N.Z. Guarantee Corp. 0 4 1 0 4 4 Well. Invest., T. & A. 0 8 6 — Well. Trust, Loan — CAS— 5 7 6 1 8 1 Wellington, ord — INSURANCE— 1 14 0 16 6 National of N.Z. ...... — 8 2 17 0 MEAT PRESERVING— 0 14 6 N.Z.' Refrig., 10s paid — 0 8 i TRANSPORT— 0 Huddart, Parer, pref. ‘1 8 — Union Steam, pref. ... — Kelburn Tram., ord. — WOOLLEN— 1 6 1 3 0 19 0 6 0 Bond’s Hosiery Mills — Wellington, ord. 4 17 0 4 19 0 Ditto, pref. 5 5 COAL— 0 0 4 9 ' Westport-Stockton ... — 0 9 9 TIMBER— 0 16 Bartholomew — 0 6 1 3 3 Rotoiti ; 0 3 0 0 4 0 Ditto, pref — 0 17 0 Taringamutu —■ U XZ 1U Taupo Totara, - ord. ... 0 5 BREWERIES — 2 U 0 u Carlton 3 2 6 — N.Z. Breweries 1 19 9 2 0 2 Tooth and Co. 2 13 0 — Toolieys # — 1 11 2 10 7 0 MISCELLANEOUS— ' 0 16 Anthony Hordern — 7 Aust. Glaas 4 11 6 4 13 0 British Tobacco *2 6 3 2.6 6 Broken Hill Ety 2.16 3 2 16 6 ■ Burns, Philp and Co. 2 11 - Burns, Philp, South 0 2 12 0 . Seas 1 7 , Claude Neon. Lights 6 • (ft Z ) ‘ 1 6 0 Colonial Sugar 47 5 0 — Denhard, pref.' 1 1 Den. and Med. Sup. • 0 0 14 2 Dunlop Perdriau *1 0 8 1 .1 0 Electrolytic Zinc, ord. *2 1 0 — 0 — 0 G. J. Coles 3 18 6 3 19 0 15 6 0 18 3 3 4 0 Miibrirn "Lime — *1 16 3 Moturoa Oil 0.5 b National Electric T 0 T6 0 Radio (1936) •• ~~ 0T6 9 Sharland & Co., pref. 0 16 0 — 50.13 0 . Wilsons N.Z., Cement 0 16 6 0 17 3 Woolworths Ltd., ord. 1 0 6. 1 0 9 , Woolworths N.Z;, ord. 0 19 Victoria Laundry — 0 1 1 6 Smith & Smith, pref. — I.C.I., pref — 1 1 1 1 6 8 MINING— _ ' Gillespie’s Beach 0 0 11$ 0 1 . Mossy Creek ' — .. Nomona .1 0 1 i ■ - Broken Hill- Soiith ... 1 10 6 ■ “■ Mount' Lyell 1 9 — Mount Morgan A . 0 10 North Broken Hill ... — 8 ‘26 3 1 5 0 OVERSEAS LISTINGS— 0 15 Woolworths, Holdings — 3 ‘Cutn. dividend.