COMMERCIAL ITEMS

Dominion, Volume 21, Issue 112, 9 February 1928, Page 14

COMMERCIAL ITEMS

WELLINGTON STOCK EXCHANGE

YESTERDAY’S BUSINESS AND PRICES

At the morning call yesterday sales were reported of Bank of Australasia at i'll 145., National Bank of New Zealand at £7, and Westport-Stockton (ordinary) at Is 2d. Sales reported at the afternoon call were 4J per cent, stock (1939) ■ t £97, and Union Bank at £l4 14s. Government securities were firm, with au upward tendency. The -1J per cents, were wanted at £97, the 44 per cents, at £9S 17s. 6(1., and the 54 per cents, at £lOl. Wellington Gas (debentures) were in firm demand at £‘JJ Ids., -Wanganui City (57 per cent.) were wanted at £lO9, and. Makerua Drainage (0 per cent.) also at £lOO. Bank shares were in firm demand. There were buyers of Bank of Australasia at £l4 135., Commercial Bank at 275., Commercial Bank (rights) at 7s. Id., Bank of New Zealand at 5Ss. (id., Union Bank at —l4 135., National Bank of Australasia (£lO paid) at £l7 14s„ and £5 paid at £8 16s Sellers quoted £7 Is. for National Bank of New Zealand shares. Goldsbrough Mort shares were firm at 475. 9d. New Zealand Guarantee Corporation (preference) were wanted at 215., New Zealand Loan and Mercantile (ordinary) at £93 Insurance shares were steady and unchanged. There were bids of 15s. 2d. for National Insurance, 41s. for New Zealand Insurance, and 575. 9d. for South British Insurance. New Zealand Refrigerating (£1 paid) were in demand at 17s. (cum. dividend), and Wellington Meat Export at 9s. 3d. Huddart-Parker were firm, the ordinary at fils., and the preference nt 21s„ Waipa Coal .were wauted at lbs. 9d., and Westport Coal at 31s. Cd. There were buyers of Kauri Timber at -Is. 6d., 'T’ui Brewery at 405., British Tobacco at 395. Cd., Electrolytic Zinc (ordinary) at Ills., and the preference at 325., New Zealand Fertiliser at 80s., Taranaki Oil at 9s. Cd., Wellington Queen’s Theatre at "os. Cd., Whitcorabe and Tombs at GSs., and Wilson's Cement at 375. Cd. Yesterday’s buying aud selling quota-

SALES IN OTHER CENTRES H ! El.l ' Auckland, February 8. Sales.—War Loan (1933), 5J per cent., £lOl 2s. 6d.: National Bank of New Zealand, £7: Bank of New South Wales. £47 15s.- Hank of New Zealand, 595.; Union Bank of Australia (new issue).' ft 4 15s. 6(1 ; New Zealand Insurance (ex dividend), 40s. 6d.: South British Insurance. 575. 9d.. 575. lOd.; Auckland Gas, 225. 4d.; Union Oil, Soap and Candle. 415.; Golden Age, 2td.; Occidental. Is. Christchurch, February 8. Sales.—National Insurance. 15s. 4d.; Staples Brewery, 4ts., 41s. Id., 41s. 3d.; British Tobacco. 395. lid., 395. 10d., 395. lid. Sales Reported.—Commercial Bank of Australia ‘rizhts). 3d. (two parcels). BRADFORD TOPS MARKET London, February 6. In the Bradford tops market quotations are firm all round; merinos quieter; crossbreds in good demand. CUSTOMS REVEIUE. The Customs, revenue collected at the port of Wellington yesterday totalled £11,577.

CANTERBURY LAMB PRIZES AT SMITHFIELD. London, February 7. Lambs from the Agricultural Show at Christchurch, exhibited at Smithfield, attracted much attention. Experts were highly pleased with the quality, condition. and appearance. The judges awarded first prize to pen No. 1106, second to 1105, and third to 1111.—A.P.A. and "Sun." AUCTION SALES TO-DAY. 8 Willeston Stree- noon.—Sale of freehold property, corner Tory Street and Charlton Avenue (E. Johnston and Co.). Lismore Station Yards, near Wanganui, noon.—Makirikiri sheep fair (Dalgety aud Co.). Otaki sale Martinborough ewe fair. 12.30 p.m. (Dalgety and Co.). Marton Park, noon. —Ram fair (Abraham and Williams, Ltd.). Te Aro House, Cuba Street, 10.30 a.m. — Sale of stock-in-trade of men’s wear (E Johnston and Co.) S Willeston Street, 1.30 p.m.—Sale of contents of 10-roomed residence (E. Johnston and Co.). TO-MORROW. Kimbolton Road, Feilcliii’. 2.30 p.m.— Salo of land, on account Supreme Court (N.Z. F.D. Co.. Ltd.). 171 Cuba Street. 10.30 a.m.—Sale of building material, etc. (C. W. Price and Co.). 8 Willeston Street. 1 p.m.—Sale of carpets, office furniture, etc. (B. Johnston and Co.). Feilding sale. 11.30 a.m. SATURDAY. 50 Main Road, Trentham, 1.30 pirn.— Clearance sale of household furniture. tools, motor-truck, horsse, etc. (IT. E. Leighton.)

lions were as under:Buyers. Sellers. N.Z. GOVT. LOAN'S— £ s. d. £ s. d. 4* p.c. Ins. Stk., 1939 > 97 0 0 97 7 6 44 p.c. ditto, 193S ... 97 0 0 97 7 6 .54 p.c. ditto, 1933 ... — 101 2 6 54 p.c. ditto, 1936 ... — 101 u 0 54 p.c. ditto, 19H • ■ ■ 98 17 6 _— 5+ p.c. ditto, 1932 ... OS 15 0 — 44 p.c. Bonds, 1939 .. 97 0 0 44 p.c. ditto, 193S ... 97 0 0 —■ 51 p.c. ditto, 1936 ... 101 0 u — debentures— Wellington Gas 99 10 0 N.Z. Breweries (stock) 12 0 Ditto (bonds) 12 6 1 2 10 Wanganui City (oj p.c., 1945) • 100 0 0 —— Makerua Drainage (b n \ . 100 0 0 ■ N Z Milk Products (S p.c. bonds) 116 BANKS— Australasia 14 13 0 Commercial of Aust. 17 0 ■ '■» Ditto (rights) 0 7 1 National of N.Z — 7 10 National of Australasia _ _ (£10) 17 14 0 - — S 16 0 New Zealand 2 IS 6 2 19 0 Union of Aust 14 13 0 —— financial— Abraham and Williams ■ ■ —. 4 7 6 Goldsbrough Mort .. 2 7 9 Equitable Building .. —— 9 0 0 N.Z. Guarantee Corp. (ord., 8s.) 0 9 0 Ditto (pref.) 110 N.Z. Loan and Merc. 93 0 0 — INSURANCE— National 0 15 2 —

New Zealand o 1 0 — South British - 17 9 —— MEAT PRESERVING— (. nn r ....■.«••« —— 1 17 G N.Z. Rofrigerat. (£1) 0 17 0 — Well. Meat Export (ord.) 0 9 3 — TUANSBORT— Huddart-Parker (ord.) ■ 1 11 0 —— Ditto (pref.) 1 1 0 1 1 3 COAL— Westport 1 11 G — Westport-Stockton (pref.) — 0 3 9 Mai pa 0 16 9 —— TIMBER — Kauri 1 1 6 Leyland-O’Brien .... — 1 1G 0 National —— 0 12 11 Taupo Totara —— 0 14 0 BREWERIES— Staples and Co — 1 0 Tui 0 0 —• MISCELLANEOUS— British Tobacco (Aust.), (ord.) v . 1 19 G 0 0 Burns, Philp, and Co. —— A. o Electrolytic Zinc (ord.) 1 11 0 Ditto (pref.) 1 12 0 •— N.Z. Farmers* Fertiliser •1 0 0 N.Z. Paper Mills .... — 0 17 0 Sharland & Co. (ord.) —- 1 0 9 Taranaki Oil Fields . 0 9 6 Well. Oueen’s Theatre 1 0 G —— Whitcombe and Tombs (contrib.) 3 8 0 ■Wilson’s Cement ... 1 17 G ■ ■ MINING— Mount Lyell 1 9 0 — Waihi — 0 11 1