QUIET TRADING.
WELLINGTON SHARE MARKET.
After twelve months of uncertainties and setbacks, the Wellington stock and share market closed yesterday on a weak and depressed note. Little busi-, ness was transacted in view of the Christmas vacation and a very languid interest was shown. New Zealand Government loans lacked support, the few weak quotations expressing the hesitancy of the market, Bank shares were dull and little changed. All other New Zealand shares were weak and buying interest was locking. Australian issues were quiet, but generally firm. The Wellington .Stock Exchange closed yesterday afternoon for the Christmas vacation and will reopen on January 10. YESTERDAY’S QUOTATIONS. The latest buying and soiling quotations recorded yesterday on the Wellington
YESTERDAY’S SALES. Wellington.—loo Bank of N.Z., ‘£l 19s 9d; 100. National Bank of N.Z., £2 9s 9d; 200 National Insurance, 15s 3d; 500 Wgtn. Gas, £1 10s; 100 Imp. Chemicals, pref.. *£l 4s; 200 Macduffs, ord., 2s 6d; 200 Woohvorths, Ltd. (2). £1 2s. *Late sale Wednesday. Auckland. —Comm. Bank of Ausfc., los sd; National Bank of N.Z.. £2 9s 9d; Grey Valley Coal, 6s sd; Auckland Gas, 18s 9d, contr. 12s 9d; Leyland-O’Brien Timber, 14s 9d: Australian Glass, £5 7s; Broken Hill Ptv., £2 17s 6d, £2 17s 9d; Imp. Chemicals, pref., £1 4s; Woolworths, Ltd., £1 Is lid; Mount Morgan, 10s 2d. Christchurch. —-British Tobacco (3), £2 10s 3d: Tanpiaki Oil, 9s 9d; Woolworths (N.Z.) (2), 19s; Woohvorths, Ltd., £1 2s; Big River, 9ad. Dunedin. —Govt. Bonds, 4 p.c., 15-6-52-65.'£96 15s: 15-2-43-46, £9B; Bank of N.Z., £2; N.Z. Breweries. £1 18s; Broken Hill Pty., £2 17s 6d, £2 18s.
Stock Exchange were as follow: N.Z. GOVT. LOANS— *3J p.c. Inscr. Stock, £ s. d. £ s. d. 15-3-1939-43 97 7 6 ‘Ditto, 15-9-1939-43 ... a97 7 6 ‘Ditto, 15-5-1939-52 ... . — 97 0 0 4 p.c. ditto, 15-5-1949-52 96 10 0 — Ditto, 15-6-1952-55 ... 1 96 15 0 *Tax free to first date, then 4 p.c. Optional maturity three years prior to final date. DEBENTURESWaitomo E.P., 44- p.c., ' 1-8-45-51 100 7 6 — Rnngitikei County, 44 100 7 p.c., 1-2-63 Gisborne Sheep Farm6 ~ ers, 64 p.c., .31-8-41101 15 0 — BANKS— — 10 1 0 Conircl. of Aust., ord. — 0 16 6 Ditto, prof 9 10 0 — Eng., Scot, and Aust. — 5 10 0 National of N.Z — 2 10 6 New South Wales ... 29 17 6 — New Zealand 1 19 11 — Ditto, D long term ... 1 5 0 — 0 Union of Aust FINANCIAL— 8 14 0 Newton King, prof. ... — 0 8 N.Z. Guarantee Corp. — 0 4 3 N.Z. and River Plate — 0 12 0 Well. Invest., T. & A. — f0 9 3 Well. Trust, Loan ... — 4 19 0 General Finance — 0 18 6 Wright, Stephenson ... GAS— 0 12 1 2 3 Auckland, contrib 3 — 0 Wellington, ord 1 9 6 1 10 INSURANCE— New Zealand MEAT PRESERVING — 2 10 6 2 11 3 0 17 N.Z. Refrigerating ... — 3 Ditto, 10s paid — 0 8 0 Wellington Meat Ex. TRANSPORT— 0 8 0 1 19 0 WOOLLEN0 16 0 Bond’s Hosiery Mills — G 1 2 Mosgiel — 9 10 0 0 14 0 Wellington, ord COAL— — ‘4 15 0 Westport-Stockton, 0 7 0 pref., TIMBERKauri 1 2 5 0 15 0 3; Leyland-O’Brien — 0 Rotoiti — Ditto, pref. — 0 16 6 Taupo Totara, pref. ... BREWERIES0 19 0 Carlton 3 7 6 — 2 16 0 — Tni . . — 2 7 6 MISCELLANEOUS— 0 Aust. Glass 5 6 — Aust. Iron and Steel 1 8 0 *2 10 British Tobacco — 0 6 Broken Hill Pty 2 17 — Burns, l’liilp and Co. 2 12 0 — Claude Neon Industries — 1 14 6 0 Con. Brick and Pipe — 0 8 D.I.C., pref — 1 3 Dunlop Pcrdriau, pref. 1 18 0 0 0 Elpctrolytic Zinc, ord. Ditto, pref 2 10 0 2 7 2 11 General Industries — 0 19 G. J. Coles — 4 2 Henrv Jones Co-op. ... 2 8 6 0 0 0 0 Macduffs, ord Moturoa Oil 0 2 3 0 3 0 5 N.Z. Paper Mills — 1 2 Taranaki Oil — 0 7 United Provisions — Wilsons N.Z., Cement — 0 16 Woolworths Ltd., ord. 1 1 11 1 2 Wool-worths N.Z., ord. MINING— 0 19 1 0 1 Waihi Investments — 0 8 3 Mount Lyell +1 8 9 1. 9 9 Mount Morgan 0 10 0 OVERSEAS LISTINGS- , Woolworths 1 Holdings (South Africa) fO lo U ‘Cum dividend. |Ex dividend.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19381223.2.150.4
Bibliographic details
Manawatu Standard, Volume LIX, Issue 21, 23 December 1938, Page 12
Word Count
715QUIET TRADING. Manawatu Standard, Volume LIX, Issue 21, 23 December 1938, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.