THE SHARE MARKET

Manawatu Times, Volume XLIX, Issue 3492, 30 October 1926, Page 11

THE SHARE MARKET

WELLINGTON. Friday. A sale of 45 per cent, stock (1938) at £96 5s reported at the afternoon call was the only transaction registered yesterday. Government stocks and bonds were in good demand, with buyers of the 45 per cents, at £96 2s 6d, the 5 per cents, at £99, and the 5i per cents, at £IOO ss. Wellington Kacing Club debentures were firm at £lO6. Bank shares wore quiet, and there were more sellers than buyers. Bank of New Zealand rights were in demand at 5s lid and Union Bank shares at £ls 3s. Sellers quoted £l4 Is for Bank of Australasia, 32s 6d for Commercial Bank ordinary, £8 Cs for English, Scottish and Australian Bank, £7 Is for National Bank of New Zealand, £45 Cs for Bank of New South Wales, 60s 6d for Bank of New Zealand, and 57s 9d for Western Australian Bank, cum dividend. , Financial shares were quiet. For, Goldsbrough. Mort and Co. 50s 3d was bid, Now Zealand Guarantee Corporation ordinary were firm at 10s 4d, and Wellington Investment at 10s sd. Wellington Gas shares were in good demand, the ordinary at 26s Gd and the preference at 16s. New Zealand Insurance shares wore wanted at 39s 9d, and National Insurance shares were on sale at Sis. New Zealand Refrigerating shares were steady, with buyers of the £1 paid shares at 14s 3d and the 10s p'ald at 6s 4d. Westport Coal shares were in demand at 37s 6d. ’ There was no dovnaijfi for timber or brewery shares. There was a bid of 32s for Howard Smith shares and 33s 3d for Wilson’s Cement. SALES IN OTHER CENTRES. AUCKLAND, Oct. 28. Sales reported: Power Board -55 per cent, debentures, £97 10s; South British Insurance, 60s; Now Zealand Breweries (debentures), 245. Sales: New Zealand' Breweries, 245: Auckland Electric Power Board 6 per cent. £97 10s; Bank of New South Wales, £45; Bank of Now Zealand (rights), Gs 3d; South British, 60s: Farmers’ Co-op. Auctioneering (B pref.), 17s; Lucky Shot (cont.), 9d. CHRISTCHURCH, Oct. 28. Sales on ’Change: New Zealand Government 45 per cent. Inscribed Stock (1939), £96 5s;_ National Bank of Australasia (£5 paid) (cumdiv.), £9 6.s> Western Australian Bank, 575; "Bank of New Zealand (rights), 6s 3d; Goldsbrough Mort, 50s 7d; New Zealand Refrigerating (cont.), 6s 7d (three parcels). Sales reported: English, Scottish, and Australian Bank, £8 ss: Howard Smith, 32s 6d; N.Z. Drug Company, 70a 3d. DUNEDIN, Oct. 28.

Sales; Kawarau, 2s 7d (five parcels') ; St. Bathans (A. issue), 6s 6d (throe parcels), 6s Sd. Sales reported: Alburnia, 4s 4d: Bank of New Zealand (rights), 6s 3d.