THE WORLD OF COMMERCE WELLINGTON STOCK EXCHANGE

New Zealand Times, Volume LIII, Issue 12393, 12 March 1926, Page 8

THE WORLD OF COMMERCE

WELLINGTON STOCK EXCHANGE

YESTERDAY’S QUOTATIONS (3.15 p.m. Call.t

Yesterday’s closing quotations for premiums of investment and mining stock, as advised by tho Wellington Stock Exchange, are as follow

Sales reported: 5 p.c. P.O. Inscribed Stock (1927), .£97 10s; Bank of New Zealand, £2 19s 3d.

SALES IN OTHER CENTRES Per Press Association. , DUNEDIN, March 11. Sales on 'Change.—Westport Coal, 345; Kawarau, 6s (two sales)4( per cent. Bonds (1938), £95 17s 6d; Dominion Rubber, 56s 6d. CHRISTCHURCH, March 11. Sales reported.—Bank of New Zealand. 595; Union Bank, £l4 18s 6d; Bank of Victoria (ord.), £8 2s 6d; Kaiapoi Woollens (17s paid), 10s Id. Sales on ’Change.—Bank of New Zealaud, 59s Id; New Zealand Breweries, 56s 6d; Electro Zinc (pref.), 35s 3d (three parcels).; Goldsbrough Mort, 47s 3d. AUCKLAND, March 11. Sales.—War Loan (1938), £96; Auckland Gas Debentures (1928) 6J per cent., £101; Commercial Bank of Australia, 30s; Union Bank, £l4 18s 6d; Tanpiri Coal, 16s 6d; Hnddart, Parker, 465; Kaiapoi Woollen, 10s; Bycroft, Limited, 28s; Sanford, Limited, 19s 6d; Union Oil, Soap and Candle, 41s 6d; Waihi, 235; Kawarau. 6s.

LONDON WOOL SALES FINE FLEECE IN DEMAND. Australian and N.Z. Cable Association. (Received M&Tch 11, 9.40 p.m.) LONDON, March 10. At the wool sales 11,213 bales were offered and about 9000 were sold. Good selections, where of fine kinds, met with good competition, with prices favouring sellers, but medium and inferior sorts were rather irregular. Among the medium scoured merinos withdrawals were frequent. DALGETY AND CO. Messrs Dalgety and Co., Limited, report having received the following cablegram from their London house, under date of the 9th instant:— “Wool sales opened active. Competi-, tion good; attendance of buyers is large. Good average selection merinos and medium crossbred. As compared with last sale’s closing rates, merinos and crossbreds unchanged; fine slipes, jd to Id lower; medium and coarse slipes, unchanged/' LONDON TALLOW SALES Messrs Dalgety and Company, Limited, report having received the following cablegram from their London house, under date of the 10th instant"B6o casks of tallow offered, 430 sold. Prices arc unchanged.” LONDON TALLOW MARKET Tho New Zealand Loan and Mercantile, Agoncy Co., Ltd., received the following advice from their London office, under date 10th instant:—"Tallow*. There is a fair demand with prices unchanged/’ WOOLSALES LONDON REPORTS. The Department of Agriculture has received the following cablegram, dated the 10th instant, from the High Commissioner for New Zealand, London: ‘‘Wool sales opened yesterday with large attendance of Homo and Continental buyers. Good general competition. Compared with last closing rates finest merino par to 5 per cent, higher, medium unchanged, crossbred firm but unchanged. 171,000 bales available in series of which 88,500 Australian and 57,000 Now Zealand.”

Tho New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house, under dato 9th instant j —* "March wool sales: There was a good /attendance at the opening of the sales to-day, competition by Home and French buyers being fairly active and prices, as compared with the close of preceding series, ruled in sellers' favour for merino; about the same as last for crossbred except for crossbred slipe, for which market is easier. The opening catalogues were representative/’

Buyers. Sellers. N.Z. Govt. Loans— £ b. d. £ 6. d. Inscribed Stock (19381 — 96 5 0 Inscribed Stock (1930) — 98 2 0 War Bonds (1938) 96 0 0 96 5 0 War Bonds (1933) 99 10 0 — P.O. Inscribed Stock (1929) 97 5 0 — P.O. Inscribed Stock (1927) 97 15 0 — P.O. Bonds (1927) 97 15 0 — Debentures— Wellington Gas 100 0 0 — N.Z. Breweries (bonds) 1 5 10 1 6 0 Wn. Hospital, 51 p.c. (1935) — 96 15 0 Banks— National of N.Z. ... 6 14 9 6 15 0 New South Wales 48 12 6 — New Zealand 2 19 0 — Union of Australia ... — 14 19 0 Financial — Abraham & Williams (ord.) — 4 6 0 Goldsbrough Mort. ... 2 6 9 — N.z<. Guarantee Corn. , (ord., 8s) 0 9 1 — N.Z. Guarantee Corn. ! 116 N.Z. Loan and Merc. Agency (ord.) — 94 0 0 Wn. Invest. T. & A. — 0 10 6 Wn. Trust Loan 6 6 0 — Gas— Christchurch (.£1) ..... 14 0 — Wellington (<£1) 16 9 — Insurance— National — 3 19 0 Meat Preserving— N.Z. Refrigerating (,£1) — 0 18 6 N.Z. Refrigerating (10s) — 0 9 0 Gear — 1 19 9 Transport— Huddart-Parker 2 5 6 *2 6 3 Union Steam (prcf.) ... 10 0 — Coal— Westport — 1 14 3 Waipa — 0 17 0 Timber— Kauri 1 12 9 Leyland. O’Brien 2 2 0 2 3 6 National — 1 0 6 Breweries— Crown 10 0 1 2 0 Manning and Co 2 3 0 Staples and Co 1 17 6 N.Z. Breweries Miscellaneous— 2 15 6 2 16 6 C.M. Banks (pref.) ... 0 18 0 Brit. Tobacco (Aust.) (ord.) — 2 8 3 Electrolytic Zinc (pref.) 1 14 6 Howard Smith 1 16 0 National Electric 0 19 9 Newton King (pref ) ... — 0 17 0 Taranaki Oil Fields ... 0 9 9 Wnirarapa Farm ers* (pref.) 0 17 3 Wilsoms Cement — 1 17 6 Mining— Kawarau 0 5 11 •Cum div. 0 6 3