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QUIET TRADING.

WELLINGTON SHARE MARKET. There was a very quiet reopening on the Wellington Stock Exchange after the Enster recess. In view of tho disturbed international situation investors held off tbe market and the demand, as disclosed by the quotations list, was meagre. Prices showed little or no change on those ruling early in tli* month. Government loans were neglected, (hero being only one buying offer in yesterday’s list. Bank shares were dull, but accounted for most, of tho small turnover recorded yesterday. New Zealand ordinaries sold 3d up at 38s 3d, the D mortgage issue being unchanged at 26s 6d. National of Australasia, £lO paid, improved from £l3 8s to £l3 9s 6d. Financial, gas and insurance shares remained quiet, the only business recorded being in National Insurance, which sold one penny down at 15s 7d. Little interest was shown in Now Zealand industrials issues. N.Z. Breweries were wanted at 37s 3d, sellers holding for 38s. Loading Australian wore steady at rates in advance of recent sales in Sydney and Melbourne, G. J. Coles were firm at 80s 6d as ag-ainst business done in Melbourne on Saturday at 75s 3d. Mining shaies were out ol favour. Sales recorded yesterday on tho Wellington Stock Exchange were as follow:

*C'iim dividend. +Ex dividend. TESTER DAY’S SA LES. Auckland. —Comm. Bank of Aust.r., loo: Bank of N.Z. (2). £1 18s; N.Z. Insurance (2), £2 13s 6d: South British Insurance, £2 5s 3d; Renown Coal, ord.. 8s 6d; National Timber. 7s; Dominion Breweries, £1 9s; Colonial Sugar, £4B ss. Christchurch. —Inscr. Stock, 4 p.c.. 15-2-43-46, £9B 15v; National Bank of X.Z., *£2 7s; Bank of X.Z.. £1 18s 6d : N.Z. Refrigor ating, 15s; Wcstport-Stocktoii. ord., 3s 9d; N.Z. Breweries (3), £1 17 J Sri: British Tobacco. £2 9s 9d: G. J. Coles (2), £4 3s; Grey River (2), 18s 3d, (4) 18s. *Lato sale April 6. Dunedin.—Grey River. 1& 3d.

£ s. d. 250—Bank of New Zealand (2) .. 1 13 3 100—Ditlo, D loner term 1 6 6 44—National Bank of Australasia, £10 paid . 13 8 0 15 —Ditto . 13 9 6 550 —National Insurance . 0 15 7 YESTERDA Y’S QUOTATIONS. The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were ar> lollow: — Buyers. Selle X.Z. GOVT. LOAN'S— £ s. d £ s. d. 4 p.c. Inser. Stock, 15-4-1946-49 — +97 5 0 Ditto, 15-6-1952-55 ... — 99 5 0 4 p.c. Bonds, 15-2-1943-46 93 5 0 DEBENTURES— Eastbourne Boro., 41 p.c., 15-12-46 — Ditto, 41, 15-12-47 — 100 0 0 100 0 0 Ditto, 41, 15-12-56 — 109 0 0 A tick. City, 41 p.c., 1-1-44-51 100 5 0 — Ditto, 41 p.c., 1 1-44-58 ICO 5 0 — BA X KS — Uomrcl. of Ausf., nvd. 0 15 0 0 16 3 Eng., Scot, and Aust. 5 3 0 National of X.Z — 2 8 6 National of Australasia, £10 paid 13 6 0 — New Zealand — 1 18 6 Ditto, 1) long term ... — 1 6 9 Union of Au*t. — 3 3 0 FINANCIAL— Equitable Bdg. Co. ... 0 9 11 Ditto, perp. dob. stk. — 0 18 6 Goldsbroiigh, Mort. ... — 1 10 0 National -Mortgage, B. — 1 5 0 Newton. King, pref. ... — 0 8 0 Well. Invest:., T. & A. — 0 9 5 Well. Trust, Loan ... — 5 1 0 General Finance — 0 18 3 Metropolitan Bdg 10 15 0 — United Bdg., Auek., A — 1 0 9 GAS— Wellington, ord 1 10 6 Ditto, pref — 1 3 2 Timaru — 0 14 3 INSURANCE— National of N.Z — 0 15 9 New Zeala.nd 2 12 9 2 14 0 South British 2 4 6 2 5 9 .MEAT PRESERVING — Gear Moat, — 0 13 3 N.Z. Refrig., 10s paid 0 6 5 — TRANSPORT— Krlhurn Tram.. ord. — 1 3 0 WOOLLEN— Bond’s Hosiery Mills — 1 0 0 Wellington, ord 5 2 6 Bruce — 0 11 6

COALWestport TIMBER— 1 1 0 Leyland-O’Brien 0 16 0 —. 0 7 6 Rotoiti 0 2 6 Rotoiti, pref — 0 16 6 Taringarmdu 0 12 6 — BREWERIES— N.Z. Breweries MISCELLANEOUS— 1 17 3 1 13 0 Aust. Consol. Indus1 12 0 British Tobacco *2 9 0 Broken llill Pty 2 19 0 — Burns, IMiilp and (Jo. Claude Neon Lights 2 12 0 — (N.Z — 1 0 0 Colonial Sugar 47 17 6 — Con. Brick and Pipe — 0 8 10 Dental & Medical Sup. — 0 12 0 Dominion Fertiliser ... — 1 S 0 Dunlop Pcrdriau — 1 1 9 Electrolytic Zinc, ord. — 2 8 0 Ditto, pref 2 9 6 — Felt and Textiles 1 10 6 G. J. Coles, etun rights Howard Smith, ord. .. 4 0 6 — 0 13 0 — Maed tiffs. ord — 0 2 11 2 1 0 Moturoa Oil 0 4 6 National Electric — 0 13 9 Taranaki Oil — 0 9 3 United Provisions 0 7 0 — Wilsons N.Z.. Cement 0 16 0 0 16 5 Woohvortlis Ltd., ord. 1 3 0 1 3 2 Woolworths N.Z., ord. 0 17 3 -- Berlei (N.Z.) — 3 5 0 2 0 0 Donaghv’s Rope David Jones 2 1 4 13 0 0 Whitcombe and Tombs, contr 2 15 6 — MT.XTXG — 0 0 6 0 0 0 10 9 OVERSEAS LISTINGS — Wool worths Holdings (South Africa) 0 14 9 —

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19390418.2.46.5

Bibliographic details

Manawatu Standard, Volume LIX, Issue 117, 18 April 1939, Page 5

Word Count
849

QUIET TRADING. Manawatu Standard, Volume LIX, Issue 117, 18 April 1939, Page 5

QUIET TRADING. Manawatu Standard, Volume LIX, Issue 117, 18 April 1939, Page 5

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