WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LVII, Issue 207, 2 August 1937, Page 5

WELLINGTON STOCK EXCHANGE.

LAST WEEK’S BUSINESS AND PRICES. Trading was fairly active on New Zealand stock exchanges last week, the bulk of the business done being in the ' n n u! ?" trial and trading- concerns. On the Wellington Stock Exchango recorded dealings covered £7OOO worth of Government loans and some 13,500 shares aggregating nearly £22,000. With the exception of bank and a few other issues the markets were generally firm. There was a keen demand for Government loans. Supplies were not plentiful, but a fair turnover in 34 por cent, and 4 per rent, issues was recorded at firm rates. Bank shares remained dull throughout the week, with an caßy tendency excopt for New Zealand ordinaries, which moved up from 43s 7d to 44s 9d; the D long-term mortgage issue was firm at 30s. Commercial of Australia weakened on Bnles from 18s 6d to 18s Id. National of Now Zealand sold at 60s to 60s 3d.. Tho only other recorded dealings were in New South Wales at £34 10s to £34 16s. Little change was seen in pastoral and financial issues. Insurance shares were very firm, particularly South British, which sold at 98s to 98s 6d. Now Zealand wore done at 66s co 66s Id and Nutional at 18s. Coal-min-ing troubles at Newcastle caused a setback to Broken Hill Proprietary, notwithstanding the 'announcement of a record profit for the last year. After touching 85s 3d the shares fell away to 82s, but were firmer on Saturday at 82s 3d to 82s 9d Broken Hill South were actively traded at from 48s 2d to 47s 7d. prices being slightly firmer on Saturday. Electrolytic Zinc and Mount Lvell were also active, but prices were slightly easier on the week. North Broken Hill firmed from 74s 9d In 75s Id. ■Mount Morgan improved fractionally on active trading. Brewery shares were relatively quiet and prices showed minor changes. N.Z. Refrigerant wore well supported at firm prices. Woollen and other textile issues were steady. Australian Glass made a sharp advance during the week, shies ranging from 92s fid Up .to 95s 6d. British Tobacco were slightly irregular. Consolidated Brick were firmer at up to 9s sd. Tn the rest of a varied turnover of industrial and trading issues prices wore generally firm. G. J Coles topped £5 11s 3d. but eased a little later in the week. The Woohvorths issues were active with good support for the South Africa holdings. McKenzie’s Department Stores were firmer on the week at up to 83s. Silknit advanced from 49s 6d to 50s 3d. Jbero was a fair turnover in Moturoa and Taranaki Oil. Gold-mining issues were dull. Wellington Alluvial firmed to 5s 6d. SATURDAY’S QUOTATIONS. The lalest buying and selling quotations recorded on Saturday on the Wellington Slock Exchange were as follow: Buyers. Sellers. N.Z. GOVT. LOANS— £s. d. £ s. d.

SATURDAY’S SALES. Wellington.—N.Z. Invest. Mortgage. *10s; Wool worths Holdings. 17s 10c!: Taranaki Oil. *4 lOd; G. J. Coles, *£s 10s: British Tobacco. *£2 9s 6d: Broken I-lill Ptv., £4 3s. *Late sale Friday, i Auckland.- —Bank of N.Z.. £2 4s 6d; I South British Insur., £4 18s 6d; J. Staples and Co.. £2 10s 9d: British Tobacco. £2 9s 8d; Broken Hill Ply., £4 2s 9d; WoolI worths Holdings, 17s 9d; Mount Lye 11 (2). £2 2s 9d. „ I Christchurch. —Broken Hill Pty.—£4 2s I 3d ; Electro. Zinc, pref., £2 17s 9d; Tarnnaki Oil. 4s lOd; Broken Hilt South, £2 7s lid, £2 7s 10d' £2 7s 9d. £2 7s 8d ; Mt. Lynll, £2 2s 9d; Mount Morgnn, 11s 9d, 11s 9id. Sales reported: National Bank ol N.Z., £3 Os 3d; United Provisions, 109 3d; Whitcoinbo and Tombs, £3 2s; Martha Mine, 15s. * , Dunedin. —N.Z. Paper Mills, £1 6s 10d, ■ Mount Morgan, 11s 7d. 11s Bd.

3 p.c. Inscr. Stock, 7-1939-41 97 15 0 — 3j p.c. ditto. 3-1939-43 UK 7 6 — Ditto, 9-1939-43 102 7 6 — Ditto, 3-1941-43 102 10 0 — Ditto. 9-1941-43 102 10 0 — Ditto, 11-1938-52 103 0 0 — Ditto, 11-1941-52 103 5 0 — Ditto, 1-1953-57 98 0 0 98 15 0 32 p.c. ditto, 11-1938-41101 n 0 -- 4 p.c. ditto, 3-1940-43102 0 0 — Ditto, 2-1943-46 102 10 0 — Ditto, 4-1946-49 104 3j p.c. Bonds, 15-1-7 0 6 0 1953-57 98 — 3J p.c. Bonds, 15-11-1938-41 101 4 p.c. ditto, 15-2-1943-0 0 46 104 10 0 — Ditto, 15-4-1946-49 104 DEBENTURES — 7 6 Wgtn. Citv, 4i p.c., 0 1-2-57 102 10 — Amalg. Brick, Wgtn. — 98 10 0 Grand Central Bldgs. Gisborne Shofcpfariners, "" 60 0 0 6A p.c., 31-8-41 101 10 0 — BANKS— Adelaido 0 3 0 — — 12 10 0 Comrcl. of Aust., ord. Comrcl. Banking Co., — *0 18 21 12 3 Sydney — 0 Eng., Scot, and Aust. New South Wale3 ... *34 — 6 0 10 0 *— Now Zealand 2 4 3 2 4 10 Ditto, D long term ... 1 9 0 1 10 6 +10 8 0 FINANCIALAbraham and Williams, pref 4 10 Ditto, ord 2 17 0 — 6 — 0 Dalgety and Co Farmers’ Co-op. Auct. — 10 5 — 4 15 0 Ditto, B pref N.Z. Invest., Mort. and “ 1 3 0 10 6 0 — Wgtn. Trust, Loan ... 5 9 0 5 15 0 Nowton King, pref. ... 0 9 0 0 10 3 Cash Orders Amafg. .. GAS— 1 1 9 0 Auckland *4 1 6 1 2 0 9 6 Wellington, ord *1 16 0 1 17 6 Kcilding u INSURANCE6 0 18 0 National of N.Z — 0 New Zealand *3 MEAT PRESERVING6 Goar Meat 0 17 6 — N.Z. Rcfrig., 10s paid 0 Wellington Meat Exp. 0 9 5 — 5 0 — TRANSPORT— Huddart, Parker, pref. 1 7 6 — Union Steam, pref. ... 1 6 4 Kclburn Tram., ord. 1 i 0 Ditto, pref 1 i 0 — WOOLLEN — 0 19 Oamaru 0 18 b 4 —. 0 18 6 Wellington, ord — 0 5 19 6 Ditto, pref 6 COAL— Groy Valley 0 Taupiri ■■■■■' 0 8 3 — 15 3 TIMBER1 3 .3 — 0 10 9 Taupo Tofar*., ord. ... — 0 8 b Ditto, pref — 0 19 9 Ditto, 16s paid pref. BREWERIES0 0 15 N.Z. Breweries 2 IU ~ heys :::::::: 2 M 6 1 13 2 18 6 0 MISCELLANEOUS0 19 4 15 0 6 Anthony Hordern .... Aust. Glass 4 14 0 British Tobacco 2 9 3 2 10 0 0 0 6 Broken Hill Pty 4 2 6 4 3 Colonial Sugar Con. Brick and Pipe — 0 9 Dominion Fertiliser ... 1 4 3 0 Dunlop Pordriau ...... 1 0 6 *2 18 *2 18 1 0 5 2 0 15 0 19 0 5 1 0 Electrolytic Zinc, ord. Ditto, pref - 9 1 0 0 General Industries .... G. J. Coles +5 0 0 National Electric ...... Sharland and Co., ord. — 0 Wilsons N.Z., Cement — Wool worths Ltd., 2nd 8 0 — piu. •• 3 6 — Victoria laiundry e 0 . _ ~T Moturoa Oil 0 3 mining0 15 0 12 Martha Wnihi Investments ... U la 0 6 — 0 7 6 Broken Hill South ... *2 7 9 — Mount Lyell 2 2 9 2 3 0 Mount Morgan 0 H 8 0 12 0 Placer Development . — 4 4 0 15 0 OVERSEAS LISTINGS0 18 0 Woohvorths Holdings — *Cuin dividend. +Ex dividend.