STOCKS AND SHARES

Dominion, Volume 28, Issue 100, 22 January 1935, Page 12

STOCKS AND SHARES

Wellington Market Active YESTERDAY’S QUOTATIONS There was more activity on the Wellington stock and share market yesterday, 19 sales being recorded, with prices ruling firm. Government' loans were again in strong demand, with the market almost bare of sellers. The 3i per cen t. stock, 1939-43 were done at £lO6/10/-. Banks remain very firm. New ZeaJands showed a further advance, selling at 50/6 and 51/-, while Commercials ot Australia changed hands at 16/9. Insurance shares continue very firm, buyers ot South British advancing their offers 6d. to £4/18/-, with sellers asking £4/19/-. In the miscellaneous section Dunlop Perdrians were done at 20/- and 19/11, Colonial Sugars at £4l/15/- and Wilson s Cement at 33/6. Waihi Grand Junctions were firmer with a sale at 4/8, and Mount Morgan’s advanced to sales at 38/6 and 39/-, while King Solomons were done at 3/6. The latest buying and selling Hons recorded on the Wellington Stoc.c Exchange yesterday were as follow N.Z. GOVT. LOANS.

Unofficial List Buyers. Sellers. £ s. d. £ s. d. Vvoolworths Ltd., ord. 4 9 0 — National Tobacco .. — To 10 0 Wairarapa Frozen Meat — 4 7 <> Denhard, pref — 110 Metters, N.Z 0 4 9 — Vacuum Products, 5/paid ■ 0 2 6 — Kilblrnie Theatre .... — 0 15 0 John Fuller, debentures 75 0 0 82 10 0 Fuller, Haywards, debs. — 80 0 0 N.Z. Tung Oil Corp. (shares) — 12 0 tEx dividend. Stock Exchange Closing The Wellington Stock Exchange will be closed to-day, Anniversary Day. LONDON MARKETS High Commissioner’s Report The Department of Agriculture has received the following cablegram, dated January 19, from the High Commissioner for New Zealand, London:— Tallow: Market firm; no change tn values. Hemp—‘Manila: Market quiet but easier at the close. “K” grade _for January-March, shipment value £l3/15/-. Output January 1 to January 14, 38.000 bales, against 59,000 for the same period last year. Stocks in the United Kingdom on January 3. 27,000 bales, against 9740 for last yecr. Stocks in Manila on January 14, 152,000 bales, against 133,000 for last year. Sisal: Market quiet, but slightly easier. Values No. 1 grade for January-March shipment £l5, and for March-May shipment £l5/5/-. New Zealand: Market quiet. On the basis of fair grade, nominal value is £l4/10/-. No first hand sales reported. Stocks jn London on January 3. 0 tons, against 55 tons for last year. Apples: Fair demand for wrapped fruit. English Cox’s Orange. 10/- to 12/6 for half-boxes. Imported: Heavier quantities offered. British Columbian Jonathans, 10/- to 13/-; Newtown Pippin, 12/- to 13/6; Oregon Newtown, 12/6 to 13/3; Californian Newtown. 12/-. Pears: Demand is good; American Winter Nelis, 14/- to 15/-; Anjou, 15/- to 16/-. The Bank of New South Wales has received the following cabled advice from its London office. dated January 18:— Wool: Prices unchanged at. opening rates: competition well maintained. Mutton: Ewes. 31d. to 4 5-Bd.: wethers. 4 l-Bd. to Gd.: lamb. 7d. to 8 1-Sd.: beef. 2 5-Sd. to 3}d.: pork. 5Jd. to Gid. Butter, 83/- to 84/-. Cheese, white and coloured, 47/-,

Buyers. Sellers. £ s. d. - £ s. d. 4i me. Bonds. 1940 .... 102 10 0 — 4 P.C. ditto. 1946 .... 105 15 0 — 4 D.c. ditto, 1949 •••• 106 10 0 •— 4 p.c. ditto. 1955 .... 109 10 0 —— 5 p.c. Rural Bonds, 1947 104 5 0 34 p.c. Ins. Stk., 1939-43 10.5 15 0 106 10 0 Si p.c. ditto, 1939-52 .. 106 5 0 —— 34 p.c. ditto, 1938-43 .. lOo L> 0 — 3j p.c. ditto. 1938-52 .. 106 5 0 4 p.c. ditto. 1940 .... 102 10 0 — 4 p.c. ditto, 1946 .... 10o lo 0 — DEBENTURES. Napier Boro., 4$ p.c., 1958 — 106 0 0 Wanganui Hosp., 61 p.c. # 1943 _ - 110 10 0, Wright, Stephenson, 5 p.c 98 10 103 0 Amid. Brick, Wgtn. — 0 BANKS. 11 15 Australasia — 0 Control, of Aust., ord. *0 16 7 9 10 11 National of N.Z 3 11 0 a nt u National of Australasia. £5 paid 6 4 0 6 9 0 New South Wales .... 31 0 0 —— New Zealand 3 10 3 2 11 0 Ditto. D long term — 1 11 0 Reserve Bank of N.z. 6 12 0 6 13 3 Union of Aust — »9 4 0 FINANCIAL. Goldsbrough, Mort and Co 1 9 National Mortgage, A — 3 0 0 N.Z. Guarantee Corp. 0 5 9 0 G 0 Wgtn. Trust, Loan .. — 18 G Wgtn. Dep. and Mtge. 0 4 3 — GAS. Auckland, contrib. ... 16 0 Gisborne — 0 12 3 IVellington, ord — ♦2 3 9 Ditto, pref 1 5 0 — INSURANCE. Aust. Prov. Assce. ... *0 10 10 National of N.Z 1 2 3 —— — New Zealand *3 9 6 — Queensland 2 14 9 2 16 6 South British ■ 4 18 0 4 19 0 Standard 3 11 3 — MEAT. Gear Meat 1 0 6 1 2 <i N.Z. Refrig., £1 paid — 0 *1 1 Ditto, 10/- paid ... *0 10 0 10 Wgtn. Meat Exp., pref. 1 4 0 1 7 0 TRANSPORT. 1 IS Huddart, Parker, ord. 1 17 3 6 Union Steam, pref. .. 17 3 — P. and O. defd. stock 1 1 0 — WOOLLEN. . 0 15 Kaiapoi, paid — 9 9 Wellington, ord 5 12 —— Ditto, pref 5 12 9 — TIMBER. Bartholomew 0 14 3 — Kauri 0 18 3 National — 0 15 0 Rotoiti 0 4 0 5 9 BREWERIES. Carlton 2 12 0 N.Z. Breweries — 2 12 9 Staples and Co 1 13 0 1 14 0 Tooth and Co 2 10 0 .—. Dominion 01-' 6 — MISCELLANEOUS 1 19 British Tobacco, Aust. 1 19 0 G Colonial Sugar — 42 0 0 Consol. Brick and Pipe — 0 10 6 Dental & Medical Sup. 0 8 9 —— D.I.C., paid 0 13 Ditto,' contrib 0 10 0 — 3 G 0 13 Ditto, pref „ — 1 7 0 Dunlop Perdriau 0 19 10 0 19 11 Electrolytic Zinc, S p.c. 1 13 part pref *1 13 0 G Henry Jones Co-op. .. — 1 16 9 N.Z. Drug _ — 4 1 0 Prestige N.Z., pref. ... 10 •> — Sharlaud and Co., ord. 1 6 0 —• Ditto, pref 1 6 0 —— Wilsons N.Z. Cement 1 13 p 1 14 0 Woolworths N.Z S 0 0 Broken Hill Pty _ — 2 14 o National Electric .... ‘0 10 0 0 12 Anthony Hordern — 0 19 G MINING. 0 18 6 Alexander, contrib.. . — Big River 0 2 1 0 2 8 Gillespie's Beach ... 0 1 6 Golden Sands — 0 3 0 King Solomon ' 0 3 6 0 3 9 Mahakipawa ........ 0 0 84 Mataki — 0 2 0 Mount Lyell — 0 17 3 Si Skippers — 0 0 Waiiii Grand Junction 0 4 S Mount Morgan 1 19 1 1 19 G Goldfields Dredging .. 0 0 74 Maori Gully 0 1 bl 0 1 *Cum dividend. — ——