STOCKS AND SHARES

Dominion, Volume 28, Issue 104, 26 January 1935, Page 10

STOCKS AND SHARES

Wellington Market Steady YESTERDAY’S QUOTATIONS There was more activity on the Wellington Stock and Share Market yesterday, with prices generally steady, there was again not such a strong demand for Government loans, while there were more sellers on the market than for some time past. The only sale was of 3} per cent, stock, 1938-52, at £lO6/15/-. Bank of Australasias were firm with two sales at £ll/12/6, while Commercial of Australias improved slightly, with buyers at 16/5, sellers asking 16/9. new ' Zealands were again easier, with buyers down to 50/-, and sellers dropping to 50/8, while the D Long Term, with a sale at 29/3, was also easier. Insurance shares were again very firm. Breweries were in good demand. The mining seefion was fairly Quiet, Waihi Grand Junetions changing hands at 4/10, and Mount Morgans at 40/-. The latest buying and selling quotations recorded on the Wellington Stock Exchange yesterday were as follow: — N.Z. GOVT. LOANS. Buyers. Sellers. £ s. d. £ s. <l.

INCREASED BUSINESS •/ . . A.M.P. Society Year Mr. W. T. Ikin, manager for New Zealand of the A.M.P. Society, has received the following cable from his head office in Sydney:—“Pleased to advise new business, 1934, ordinary department £13,731,677, industrial department £4,229,807. Total, £17,961,484. Increase on 1933, £2,345,000. Splendid result, all have share congratulations.” In New Zealand the ordinary department new business was £2,899,562, being an increase of £550,097 on the previous year, and the industrial department new business, £515,660, being an increase of £38,589 on 1933. A GILT-EDGE INVESTMENT. TRUSTEE SECURITY. An important and soundly administered Electric-power Board is desirous of raising £lO,OOO for a term of 23 years, with interest at 3} per cent, or near offer. The Board would prefer the amount, if possible, in one sum, but would consider amounts of about £2500 each. By Act of Parliament, this investment is classified as a Trustee Security, and is therefore one that should appeal to those with money to invest. Further particulars will be supplied on application by letter to' “Power Board,” care Charles Haines Advertising Agency, Wellington. —-Advt,

5 d.c. Rural Bonds. 1947 104 5 0 — 34 p.c. Ins. Stk.. 1939-43 105 10 0 106 10 0 34 p.c. ditto, 1939-52 .. 100 10 0 34 p.c. ditto, 1938-52 .. 100 u 0 107 10 0 4 p.c. ditto, 1940 .... 102 15 0 103 7 6 4 p.c. ditto, 1946 .... 106 0 0 106 10 0 4 p.c. ditto. 1949 .... — 107 0 0 4 p.c. ditto, 1955 .... — 109 7 6 DEBENTURES. Chch. City, 51 p.c., 194-1 (cum conv.) — 106 0 0 Dunedin City, 4£ p.c., 1956 — 110 0 0 Wgtn. Hat., 5| p.c., 1940 — 106 0 0 Napier Boro., 4J p.c., 1958 — 105 10 0 Wellington Gas Co. .. 104 0 0 Amid. Brick, Wgtn. .. — 103 0 0 Ditto, Auckland .... — 103 0 0 Wright. Stephenson, 5 0 — banks. 0 It 14 0 Comrcl. of Aust., ord. *0 10 5 0 16 9 Commercial Banking Co., Sydney _ — Enp., Scot, and Aust. 5 0 0 •18 0 0 r> 4 o National of N.Z — New South Wales ... ol 0 0 3 14 0 31 17 6 0 2 10 8 Ditto, D long term 1. 9 0 19 4 Reserve Bank of N.Z. 6 12 0 6 14 G Union of Aust *9 9 0 9 5 0 FINANCIAL. National Mortgage, A — 3 0 0 N.Z Guarantee Corp. 0 5 s 0 5 11 N.Z. Loan and Merc., 50 0 0 Wgtn. Trust, Loan .. — •5 18 9 Wgtn. Dep. and Mtge. 0 4 3 — GAS. 7 1 7 3 3 1 16 0 Ditto, contrib 0 15 10 0 12 0 Wellington, ord *2 2 0 — Ditto pref 1 5 0 insurance. Aust. Prov. Asscc. ... *0 10 10 National of N.Z 12 13 0 6 3 11 3 South British 4 17 9 4 19 6 MEAT. floor ATonf - .. 1 1 6 12 6' N.Z. Refrig.. £1 paid *1 0 10 — , Ditto. 10/- paid .... *0 10 0 0 10 2 Wgtn. Meat Exp., pref. — 1 7 U TRANSPORT. Huddart. Parker, ord. — 1 18 0 Union Steam, pref. .. 1 < 6 —■ p. and O. defd. stock 1 1 3 Kelburne Tramway ... 16 0 ■— WOOLLEN. Wellington, ord - 5 13 6 —— G I. TIMBER. . . 6 6 -9 3 Leyland-O’Brien . — 1 1 0 119 National — 0 15 0 Ttntolti 0 4 9 0 5 9 BREWERIES. Carlton 2 12 0 N Z Breweries 2 11 0 2 12 0 O Tooth and Co. 2 10 .—. 1 10 o 5 19 0 Dominion 0 13 9 — MISCELLANEOUS. Broken Hill Pty — 2 14 3 British Tobacco, Aust. 1 18 10 1 19 4 Burns, Philp and Co. 3 2 0 —— Colonial Sugar 41 0 0 41 10 0 Dental & Medical Sup. <1 8 9 —— > I C-, paid 0 13 0 ... ■ 1 6 11 Dunlop Perdriau .... 0 19 7 0 19 10 Electrolytic Zinc, ord. 1 1 6 1 2 3 Ditto, 8 p.c. pt. pref. *1 13 1 1 14 9 Henry Jones Co-op. .. — 1 16 9 Howard Smith, ord. .. 0 16 0 N.Z. Drug — 3 19 9 National 'Electric .... — O 11 9 N.Z. Newspapers ... 113 6 1 17 0 Prestige N.Z., pref. .. 10 6 — Sharland and Co., pref. — 17 6 Wilsons N.Z. Cement 1 13 0 — Sydney Ferries 0 9 0 0 9 9 Woolworths Ltd., second 19 0 “Sun” News 0 5 1 0 5 5 Morris Hedstrom .... O IS 6 Claude .Neon Lights .. — 2 15 G OIL. Taranaki —- 0 0 9 MINING. Alexander, contrib. . — 10 0 Big River 0 1 8 O 1 11 Consol. Goldfields .... — 0 1G 6 Gillespie’s Beach .... 0 1 7 —— Golden Sands — 0 3 0 King Solomon 9 3 4 0 3 9 0 11 Mataki 9 11 0 0 2 2 Mount Lyell — 0 16 10 Okarito •••••«••••». — 0 8 «3 Skippers ...... — 0 0 8 Talisman Dubbo .... — duo. Waihi — 1 19 6 Waihl Grand Junction 0 4 9 Maori Gully — 0 16 Worksop 0 1 2 o 0 3 0 Mossy Creek 0 2 () 0 2 5 Mount Morgan 1 19 6 2 0 2 •Cum dividend. Unofficial List Buyers. Sellers. £ B. d. £ s. d. Woolworths Ltd., ord. 4 11 0 4 13 O National Tobacco ... — 3 10 0 Metters N.Z., Ltd. ... 04 9 0 5 6 Frozen Products .... 0 9 9 Vacuum Products, 5/7 0 5 6 Ditto, 10/- paid .. 0 8 0 0 10 6