DEMAND FLUCTUATES.

Manawatu Standard, Volume LIX, Issue 92, 20 March 1939, Page 5

DEMAND FLUCTUATES.

STOCKS AND SHARES. EFFECT OF EVENTS. Following optimistic trade and financial reports from London early last week, tlie New Zealand stock exchanges were more active to a better demand, with a larger volume of business passing. Germany’s annexation of Czechoslovakia, however, had an adverse effect on the investment markets, which relapsed to that uneasiness which has been the governing feature for the past year. Another factor tending to depress the market was the decision of the Government to reduce the maximum amount of overseas money orders from £lO to £5. SATURDAY’S QUOTATIONS. The latest buying and selling quotations recorded on Saturday on the Wellington Stock Exchange were ° r> e.ll nK ,

SATURDAY’S SALES. Dealings recorded on tlic New Zealand stock exchanges on Saturday were as follows, the number of shares being shown in respect of Wellington sales:— Wellington.—lo Colonial Sugar, £49, reported after call. Auckland.—lniscr. Stock, p.c., 1953*0 1» *£9l 10s; Auckland Gas. 17s; ' Dominion Breweries, *£l 10s; Martha, lie 7d. *Late sale Friday. _ . , Christchurch.—E.S. and A. Bank, £5 3s 9d- Wostport-Stockton, prof. (4), 7s 4d; Dunlop Pcrdriou. £1 Is 6d; Electro. Zinc, ord. 12). £2 7s ; Hmne Pipe (Aust.), £1 Oe 3d; Woolworths, Ltd. (2), £1 3s; Grey River, 18s 9d. Sales reported: Inscr. Stock, 4 p.c., 1949-52 (2), £99 10s; Southland Meat, *£l 7s 6d. £1 7s 9d. Unofficial liet: Ngahere, £1 ss. *Latc sale Friday. Dunedin.—Bank of New Zealand, *£l 18s 9d- ditto, D long term, *£l 6e 6d: Austral.N.Z. Mining. a£l 3s 6d. *Late sale Friday, a Reported “after call.

The turnover on the New A’ork Stock Exchange on Saturday totalled 1,460,000 stocks and shares.

Buy crs. S ellc re. N.Z. GOVT. LOANS— i *34 p.c. Inscr. Stock, 6 d. £ s. d. 15-11-1941-62 99 12 6 — ‘Ditto, 15-5-1941-52 ... 99 12 6 — 3J p.c,. ditto, 15-11-1938-41 ..: 98 0 0 — 4 p.c. ditto, 15-3-1940-43 97 15 0 98 0 0 Ditto, 15-2-1943-46 ... 98 7 6 98 15 0 Ditto, 15-4-1946-49 ... 99 7 6 99 15 0 3j p.c. Bonds, 15-1-1953-57 91 4 p.c. Bonds, 15-2-5 0 - 1943-46 98 7 6 ■— "Tax free to first date, then 4 p.c. Optional maturity three years before final date. DEBENTURES — Atick. City, 41 p.c., 0 1-1-44-51 100 5 — Ditto, 1-1-44-58 100 Auck. Hr. Bd.. 41 p.c., 5 0 “ 9-7-58 100 10 0 101 12 6 BANKS— Cornrcl. of A list., ord. 0 16 3 — National of N.Z 2 6 9 — New South Wales ... 29 15 0 — New Zealand — i 18 10 Ditto, D long term ... 1 6 2 i 6 7 1 0 8 4 6 FINANCIAL— Equitable Bdg. Co. ... 0 9 11 — Ditto, perp. deb. tftk. . 0 18 9 Goldsbrough, Mort. ... — 1 10 6 Newton King, pref. ... — 0 8 0 N.Z. Guarantee C'orp. *0 4 0 0 4 4 Well. Trust, Loan 4 12 0 5 0 0 Metropolitan Big., Wei*12 0 0 lington — General Finance — 0 18 Trustees Executors ... 4 Wright, Stephenson, 0 0 0 0 1 GAS— 0 - Auckland 0 17 — Foilding 0 1 10 — 0 Wellington, ord — 1 10 Ditto, prof — 1 6 6 Tiinaru. paid — 0 14 6 INSURANCE— South British MEAT PRESERVING— 2 3 9 N.Z. Refrigerating, £1 — 0 16 6 Ditto 10s 0 Y 0 Wellington Meat Ex. 0 TRANSPORT— 7 9 — 0 Kclburn Tram., ord. — 1 d

WOOLLEN — Bond’s Hosiery Mills *1 0 COAL— 9 1 . 1 1 1 3 0 TIMBER — 1 4 0 LevIand-O’Bricn 0 16 0 0 16 0 8 6 3 Rotoiti, pref 0 12 3 0 16 3 Taupe Totara, ord. . 0 5 0 —

BREWERIES— N.Z. Breweries — 1 18 10 Tooth and Co 2 15 b — MISCELLANEOUS— British Tobacco, A net. *2 10 6 — Broken Hill Bty., eontrib 2 6 0 — Colonial Sugar 48 17 6 0 — Con. Brink and Pipe — 8 1U Dunlop Perdriau — *1 2 u Pelt and Textiles *1 12 0 1 12 11 General Industries *0 18 9 0 19 6 — 3 19 6 Howard Smith, ord. .. *1 I.C.I., Aust. and N.Z., 0 0 — pref 1 MacdufTs, ord 3 7 0 2 10 0 a u Mottiroa Oil — 0 5 0 Wileon? N.Z.. Cement 0 15 4 — 0 Wool worths Ltd., ord. — 1 0 Woolworths N.Z., ord. 0 16 6 0 17 0 Donaghv’s Rope 2 2 7 — 0 Radio (1936) — 1 0 C M Banks, prof. ... — U 0 Woolworths (Viet.), 10 1 6 MIXING— 0 6 — 0 — 0 12 Placer Development .. — 3 16 0 *Cum dividend