STOCKS AND SHARES
Wellington Exchange Quiet MARKET DEPRESSED Business continued dull on a depressed market on the Wellington Stock Exchange yesterday. Trading was inactive and the turnover small. There was a steady demand for Government stocks, several small parcels of which changed hands at unchanged rates. Banks were quiet and little changed. Commercial of Australia sold }d. up at 16/I*}, and New Zealands went unchanged at 38/6. Buyers of Commercial .of Sydney came back 10/- to £2O/5/-, without support. E.S. and A.’s were wanted at £5, sellers asking 5/- higher. Financial and pastorals lacked interest. Gas shares were unwanted. Holders of Aueklands wore prepared to quit at 17/-, and were offering the 15/- paid at 11/3. Wellington ordinaries were available at 30/6, and the preference at 23/6. Insurance shares were neglected, the only offer being -13/6 for South British, which were done in Auckland at 44/3. New Zealand Refrigerating were weaker. the 10/- paid selling at the low level of 6/8, while the fully-paid were offering at 15/6. Buyers went up to 8/3 for Wellington Meat Exports. There was very little doing in other Nev? Zealand industrials. New Zealand Breweries sold unchanged at 38/-, buyers staying in nt a penny less.
Leading Australians were quiet, quotations showing a good premium on -Melbourne and Sidney prices. Woolworths, Ltd., were done at 22/9, more being wanted at that price.
Sales recorded on the Wellington Stock Exchange yesterday were as follows: — N o. of shares. £ s. d.
£730—InFcr. Stock, 1 15/6/52-55 P.C., •08 15 0 £450—Ditto, 4 p.c., 15/2/43-46 •08 10 0 300—Bank of New Zealand . ♦1 18 6 100 —British Tobacco ... •2 10 0 610 —Inscr. Stock, 3J P.C., 15/1/53-57 (2) .... 91 5 0 200 —Commercial Bank of Aust 0 16 4 500—N.Z. Rel’rig., 10/paid 0 6 8 100—N.Z. Breweries 1 18 0 100 —Woolworths Ltd., ord. 1 2 9 200—Martha Gold Mining ... 0 11 7 ‘Late sale Monday.
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Dominion, Volume 32, Issue 157, 29 March 1939, Page 12
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317STOCKS AND SHARES Dominion, Volume 32, Issue 157, 29 March 1939, Page 12
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