STOCKSAND SHARES

Dominion, Volume 28, Issue 89, 9 January 1935, Page 12

STOCKSAND SHARES

Wellington Market Quiet

PRICES GENERALLY FIRM A quiet but firm tone marked the reopening of the Wellington stock and share market yesterday after the Christmas vacation. Business was quiet, the only recorded transaction, being a sale of New Plymouth Gas. £5. paid, at £7. There, was a strong inquiry for Government loans. Buyers offered £lO9/10/- for 4 per cent, stock, 1955, but sellers asked £ll2/5/-. Banks were dull? Commercial of Australia .were wanted at 10/-, cum dividend, but sellers were silent. New South Wales were unchanged at £3l. Sellers were asking 49/6 for New Zealands. • Insurant shares were a fairly steady market. A.P.A.’s were wanted at 10/9, cum dividend. Nationals had buyers in at 21/4, but sellers held for 6d. better. New Zealands were quoted at 68/-, sellers 69/6. South British were very firm at 96/-. . New Zealand Refrigerating were firm at 20/3, and the 10/- paid, at par, sellers asking 21/- and 10/4 respectively. Wellington Woollens showed little change at £5/12/6. Westport Coals were firm at 20/6. New Zealand Breweries were in demand at 51/-, sellers holding for 53/-. Miscellaneous industrial and trading issues were generally firm. Woolworths (N.Z.) were wanted at £B. Mining shares were very dull. Waihis were bid for at 37/3, but sellers asked 39/6. WELLINGTON EXCHANGE Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington Stock 'Exchange were as follow: — N.Z. GOVT. lOANS. Buyers. Sellers.

Dividends and Calls Dividends— Due, Bulolo Gold Dredging—interim, 90 cents Canadian, less tax

& S. d. £ s. d. 4 P.c. Bonds, 1040 ... - 103 0 0 4 [p.c. ditto, 1949 106 10 0 — 4 p.c. ditto, 1955 “100 10 0 — 5 p.c. Rural Bonds. 1947 103 10 0 34 p.c. Ins. Stk., 1939-43 105 0 0 —— 3J .p.c. ditto, 1988-43 .. 103 0 0 34 p.c. ditto, 1939-32 .. lOo 15 0 34 p.c. ditto, 19BS-52 .. 105 15 0 —— 4 p.c. ditto, 1940 10B 2 6 108 10 0 4 p.c. ditto, 1949 108 15 0 •— 4 p.c. ditto, 1955 .... 109 10 0 112 5 0 DEBENTURES. Wellington Gas Co. ... 104 0 0 — BANKS. Australasia — 11 15 0 Comrcl. of Aust., ord. *0 1© Comrcl. Banking Co., 0 —— Sydney — Eng., Scot. & Aust. .. — 17 K 5 3 a 0 National of Australasia, £5 paid 8 0 0 New South Wales 31 0 0 New Zealand “ 2 9 6 Ditto, D long term — 1 12 6 ' FINANCIAL. Dalgety & Co — 9 0 Goldsbrough, Mort and Co 1 9 1 6 1 10 6 N.Z. Guarantee Corp 0 5 9 0 G 0 N.Z. Doan & Merc., ord. stock -7 58 0 0 Wgtn. Dep. and Mtge. 0 4 0 — GAS. Gisborne — O 12 0 N. Plymouth, £5 paid — 710 0 INSURANCE. Aust. Prov. Asscc *0 10 0 National of N.Z 1 1 4 1 1.10' New Zealand 3.8 South British 4’16 0 3 9 6 0 — MEAT. Gear Meat — 1 5 0 N.Z. Refrig., £1 paid , 1 0 3 1 1 0 Ditto, 10/-paid .... 0 10 0 0 10 4 Southland — 4 0 0 WOOLLEN. Kaiaipoi, paid — 0 15 9 Wellington, ord. 5 12 fl —- Ditto, pref 5 12 6 — COAL. Westport 1 0 8 — TIMBER. 6 0 19 3 Kauri 0 IS 6 . 0 19 3 BREWERIES. N.Z. Breweries 211 0 2 13 0 Tooth. & Co ...... — 2 11 0 Tooheya — 1 9 9 3 •—« Queensland 1 7 9 — MISCELLANEOUS British Tobacco .... — 2 0 9 Burns, Philp & Co. .. 3 0 0 — Colonial Sugar 42 0 0 43 0 0 D.I.C., 7/6 paid, ord. .. 0 10 6 0 13 3 Ditto, pref — 1 7 3 Dunlop Perdriau .... 0 19 6 1 0 0 Electrolytic Zinc, ord. — Ditto, 8 p.c. part pref. — 1 4 0 115 0 Henry Jones Co-op. ... — 1 17 0 Prestige, N.Z., pref. .. 10 6 —— Sharland & Co., ord... 16 0 —• Ditto, pref. 1 6 0 — Woolworths (N.Z.) ... 8 0 0 —— National lElectric .... 010 0 0 17 6 Gates Ltd.. 7/6 paid .. 0 4 0 — Broken Hill Pty — 2 15 0 Aust. Glass — 3 2 0 Peters Ice 1 2 6 — Hume Pipe 0 16 0 — OIL. Taranaki 0 0 9 — illNING. Big IRiver 0 2 9 O 3 6 Golden Sands — 0 3 0 King Solomon — 0 4 0 Mount Lyell — 0 18 0 Waihi 1 17 3 1 19 6 Waiht Grand Junction 0 4 8 —— Mt. Morgan —_ •1 18 0. *Cum dividend. Unofficial List — ■ Buyers. Sellers. £ s. d. £ s. d. Denhard Bakeries, pref. — 1 1 0 National Tobacco, pref. — 2 3 9 Frozen Products 0 9 3 Woolworths Ltd — 4 2 fi N.Z. Tung Oil Corp. -. — 1 3 0 Metiers N.Z. Ltd 0 4 9 Kemballs, pref. ...... — * 0 12 0

of 5 p.c ... Jan. 10 Mount Morgan—int., 6d. a share Jan. 10 Placer Development—interim, 1 dollar 80 cents Canadian, less tax of 5 p.c Jan. 10 N.Z. and River Plate Co.—3 p.e. for year 1 PI PI 15 Kuala Lumpur Tin, Od. a share Jan. Union Bank—interim, 2/6 a share f fl T"l 30 A. P. Assurance—21 p.c Feb'. 5 Commercial Bank of Aust.—interlm, pref. 4 p.c. p.a.; ord. 5 p.c. p.a Feb. 8