GOVERNMENT LOANS.

Manawatu Standard, Volume LIX, Issue 48, 25 January 1939, Page 4

GOVERNMENT LOANS.

DEMAND ON EXCHANGE. OTHER ISSUES QUIET. Interest in the Wellington stock and share market yesterday, as elsewhere, centred mainly on Government loans which continued in keen demand at rates slightly firmer than those quoted last Friday. Supplies were scarce, there being an almost entire absence of sellers and no business was reported locally. Two small parcels of local body debtentures, including Wellington City, 4i |>er cent., 1-2-1948, sold at firm rates. Bank shares wero dull and tending lower. New Zealand were offering at 39s 9d. Financial shares wero neglected, and insurance issues wero quiet. Meat freezing shares were weak. Now Zealand Refrigerating sold at 17s, buyers staying in at 16s lid and offering 7s 8d for the 10s paid. Wellington Woollen wore firm at 92s for both issues. Bond’s Hosiery wero sought at 16e, a fall of 6d. There was a Ixfltcr inquiry for brewery shares at steady rates. Littlo interest was shown ill other Now Zealand industrial issues. Leading Australians wore quiet and easier, a feature of this section being a sharp fall in Australian Glass which were wanted at £5 4s, as against a sale last week at £5 12a. Sales recorded yesterday on tho Wellington Stock Exchange were as follow : No. of shares. £ s . d. £2oo—Tcviot Elect. Power Bd., 4i p.c., 1-11-42-44 101 0 0 £soo—Wgtn. City, 4J p.c., 1-2-48 103 0 0 100—New Zealand Itefrig. ... 017 0 100—Electrolytic Zinc, pref. .. 211 6 200 —1.G.1., pref 14 0 300 —Comrcl. Bank of Aust. aO 16 0 OO—South British Insurance a 22 0 a Reported after last call. 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. 3 p.c. Tnscr. Stock, 15-7-1039-41 94 0 0 *3l p.c. ditto, 15-3-

f £9B 10s; National Insurance, 15s 6d; Dun'lop Pcrdriau, £1 Is sd; Placer Develop- : incut, £3 17s,

1939-43 97 10 0 ‘Ditto, 15-9-1939-43 ... 97 10 0 . *l>itto, 15-3-1941-43 ... 97 10 0 ‘Ditto, 15-9-1941-43 ... 97 10 0 ‘Ditto, 15-5-1939-52 ... 97 2 6 ‘Ditto, 15-11-1941-52 ... 97 12 6 ‘Ditto, 15-5-1941-52 ... 97 12 6 Ditto, 15-1-1953-57 ... 90 4 p.c., ditto, 15-2-0 0 — 1943-46 98 17 6 Ditto, 15-4-1946-49 ... 99 5 0 Ditto, 15-5-1949-52 ... 97 10 0 Ditto, 15-6-1952-55 ... 93 4 p.c. Bonds, 15-2-10 0 99 10 0 1943-46 98 17 6 Ditto, 15 4-1946-49 ... 99 5 0 __ Ditto. 15-6-1952-55 ... 98 10 0 99 15 0 *Tax free to first dale, then P Optional maturity three years prior to final date. DEBENTURES— Wgtn. Citv, 41 p.c., 1-2-48 102 15 0 Teviot E.J’. Bd., 41 p.c., 1-11-42-44 Cjjishorfjw Sneep harm- - 101 10 0 ors, 6i p.c., 31-8-41 101 BANKS--15 0 — 9 16 0 Comrcl. of Aust., ord. *0 15 10 Ditto, prof. *9 Comrcl. Hanking Co., 11 0 *21 10 0 Eng., Scot, and A net. 5 5 0 5 7 6 National of N.Z • 2 7 9 New Zealand — 1 19 9 Ditto, D long term ... 1 5 0 — *8 12 6 KLNAN'CIAI Goldsliroiiglt, Mort. ... — 1 9 0 Newton King, prof. ... N.Z. Guarantee Corp. 0 — 0 8 6 3 10 0 4 1 N.Z. Loan and Mere., ord. stock, London 35 0 0 General Finance 0 18 6 Metropolitan Big., Wellington Wright, Stephenson, - 12 0 0 1 2 0 GAS— Wellington, orcl *1 9 10 — INSURANCE— National of N.Z U 15 3 — New Zealand *2 12 6 — South British 2 MEAT PRESERVING— 1 6 — Gear Meat — 0 13 0 N.Z. Refrigerating ... *0 16 11 — Ditto, 10s .paid *0 7 8 0 7 10 Wellington Meat Exp. 0 TRANSPORT— 7 9 Kelbnrn Tram., ord. WOOLLEN— — 1 3 0 Bond’s Hosiery Mills 0 16 0 — Wellington, ord 4 12 0 — Ditto, pref 4 TIMBER— 12 0 * Kauri 1 2 0 — Levland-O’Bricn — 0 16 0 — 0 3 4 Ditto, pref — 0 16 6 Tanpo Totara, ord. ... 0 4 9 — Ditto, pref — 0 19 0 BREWERIESDominion 1 11 3 — N.Z. Breweries 2 0 6 — Tooth and Co 2 15 0 — 12 6 2 7 0 MISCELLANEOUS— Anthonv Hordern — 0 16 1 Aust. Glass 5 Hroken Hill Pty 4 0 2 18 0 Hums, Philp and Co. 2 Claude Neon Lights 13 0 0 (X Z.) — 1 1 Colonial Sugar 47 7 6 — Con. Brick and Pipe 0 7 9 0 8 6 Denhard, ord. 0 5 0 0 8 0 Den. and Med. Sup. — 0 13 0 Dominion Fertiliser ... — 1 2 6 Electrolytic Zinc, ord. . — ‘2 7 9 Ditto, prof — *2 11 9 General Industries — 1 0 0 G. J. Coles *4 1 0 — Henry Jones Co-op. ... 2 8 6 — Howard Smith, ord. .. 0 19 3 — Hume Pipe 0 19 6 — I.C.I. Aust. and N.Z., pref Macduff's, ord 0 2 6 1 0 4 4 6 0 Ditto, pref — 0 11 0 2 y 9 National Electric — 0 0 14 6 6 Taranaki Oil 0 7 9 0 — United Precisions — 7 6 Wilsons N.Z., Cement 0 15 8 0 16 0 Woo!worths Ltd., ord. — 1 2 0 Woolworths N.Z., ord. — 0 18 9 Berlci (N.Z.), Ltd. ... — 5 9 0 R. & E. Tingey, pref. — 0 1 0 0 Reid (N.Z.) Rubber ... 1 1 — Wald as Shoes, pref. ... 0 12 0 — \V R. Carpenter 2 5 0 2 4 6 MININGi Big River * Grev River — U 18 6 Martha 0 6 — Broken Hill South ... — 1 7 6 Mount Lvc 11 — 0 1 3 C Mount Morgan 0 10 Placer Development ... 6 15 6 0 — 0 Wellington Alluviate . OVERSEAS LISTINGS — 5 Woolworths Holdings (South Africa) — U 10 2 ‘Cum dividend.