STOCKS STEADY

Evening Post, Volume CXV, Issue 34, 10 February 1933, Page 10

STOCKS STEADY

BONDS FIRM

FAIR BUYING STRENGTH United Pres3 Association —By, Electric Teleeraph—Copyright SYDNEY, 9th February. . On the Stock Exchange to-day a strong inquiry continued for all first-class in* vestmejnts, and the market was very firm. Commonwealth bonds were steady. ■-, Sales.—Bank of New South Wales, £30 7s 6d; E.S. arid A. Bank, 89s 6d; National Bank of Australasia, £5 paid, £5 , los 6d; ditto, £10 paid, £12 ss; Colonial Sugar, £55; Burns, Philp, 49a 6d; Australian Gas, A,-£7 3s;.ditto, B, £7 3a 6d; British Tobacco, 34s 6d; ditto, New Zealand delivery, 34s 3d; Tooth's, 35s 6d; Toohey's, 20s 7%d; Australian Glass, 475; Gqldsbrough, Mort., New Zealand delivery, 24s 4%d; Henry Jones, 38s; <Millaquin 'Sugar, 26s fid; Broken Hill, Pro v prietary, 27s 9d; South Broken Hill, 45s 6d; Commonwealth bonds, 4 per cent., 1938/ £102 15s; 1941, £102 13s 9d; 1944, £i'o3> 1947,' £103 7s 6d; 1950, £103 15s; 1953, £102; 1955, £102 10s; 1957, £102 17s 6d; 1959, £103 ss; 1961, £103 15s; 3% per cent., 1942, £100. i Morning Sajes.—Commonwealth bonds, 4 per.cent., 1038, £102 15s; 1941, £102 7s 6d; 1944, £103 2s 6d; 1957, £103; 1961, £103 17s 6d;'Colonial Sugar, £54 17s Cd and £55j British Tobacco, New Zealand delivery, 34s 3d; Burns, Philp, 49s 6d; .Australian Glass, 475; Tooth's, 35s «4d. MELBOURNE, 9th February. Sales.—Dunlbp-Perdriau, pref., 33s 6d; Herald-Times, 59a 6d; North Broken Hill, 69s 3d; Commercial Bank of Australia, , 15s; E.S. and A. Bank, 90s; Mount Lyell, 20s 4%d. : "Evening Post," 10th February. The week was an average one on the Stock Exchange, and fair buying strength is indicated. In Government securities there were a. considerable number of sales in 4% per cent. Stock (1938), at £95 10s, and they were quoted yesterday at buyers ■ £95 12a 6d. There were three sales of 4% per cent..Stock (1939) ranging from £95 10s to £95 12s 6d, with buyers at "the latter figure. Both the 193J issues of 5% per cent. Stock were in demand, sales for September ranging from £100 5s to £101 ss, and for February from £100 10s to £101 7s 6d. Yesterday in Wellington September were quoted at buyers £100 15s, sellers £101 ss. Bonds had sales as follows:—s% per cent.,; 1937, two-sales, £101 ss, £101 7s 6d; -4%' per- cent., 1938, two sales, both at £95 1Q5;.4% per cent;, 1939, two sales, £95 20a,and1 £95 15s, with buyers at £95 10s.. 'The 5 1-8 per cent. 1937 sold at £96.. V ; ■ Nbiinucli, was done in local bodies,and company, debentures.' The sales were:— 5% per cent: Auckland* Harbour Board (1947), £97 10s; 5%-perl cent.- AucklandCity .'Council- (1956), £97 10s; 5% per cent. Christchurch : Drainage Board (1938-73), .£OT:'--''''-'--- ~::-. . ■■;■;■:. ; ;■:-;■.■••. ■_-.. ■ . ; - BANK ;AND BREWER* SALES. .Bank of New ■ Zealand ranged from £2 4s; to.; £2 ss, sales being made in -the- following order: £2.45, £2 4a: 9d, and £2 5s (two); all in Auckland; .then, there were two sales in Christehureh at £2 ss, and two in ' Wellington; with a Bale in Auckland yesterday at £2 4s 3d; buyers ;yesterday £2 4s- 6d, sellers £2. Pa 3d. Bank of New South Wales sold at £28,, £28 7s 6d, £28 ss, £28 10s, £28 12s 6d, cum, div., with a sale at Christo&urch s;esterday ,'at, £28 15s,' buyers yesterday were' £28 10s,,.cum. dividend^ sellers £28 15s: The Commercial Bank of Australia had many transactions in both ordinary and preference •; shares^ the former ranging witnin the ."narrow margin between 14s Bd and 14s Bd, and the latter between £7 15s and £7 17s 6d; buyers'yesterday were 14s 6d, ex dividend, sellers 14s Bd. Single sales were recorded of Bank of Australasia, £9 ss; Commercial Banking Company of Sydney, £15 ss; National Bank of New Zealand, £3 12g; Queensland . National Bank, £5. ■ The Union Bank of Australia had sales at £7 11s. £7 10s, and £7 10s 6d. ' By-far the greater part of the brewery sales were New Zealand Breweries, which ranged from. £T 7s to £1.8s; within this margin sales were made id. all the four centres'," and in' all there were about seventeen sales. Buyers yesterday were £1 7s id, sellers £1 7s 9d. Staples and Co. had a sale in Christchurch at £1 2s 6d; buyers yesterday were £1 Is ex dividend.. .Tooths sold at £1 14s Id, £1 14s 3d, £1 14s 9d. ' ■ * Two sales of Taupiri at 11s 3d, two of Westport at 10s 5d and 10s 6d, and a sale of Westport-Stockton preference at Is 3d made up the business in the coal division..'»ln finance land pastoral, Dalgety and Co. had sales at £7 7s 6d and £7 10s, buyers £7; Goldsbrough .Mort at £1 3s 5d (thr.ee), and £1 3s fid; Loan and Mercantile -at-;£ 39, sellers £42; New .Zealand Guarantee Corporation at 5s (two), sellers 5s 6d. New Zealand and River Plate had three sales, two at £1 Is and.one at £1 0s 3d. -■-• ■ > INSURANCE BUYING. South-British led the business in the insurance division,' and up to Thursday had eleven sales'from £2 18s 3d to £2 18s 9d, in all the centres'save Dunedin. New Zealand sold from £2 3s 9d to £2 5s 3d, and yesterday in Wellington were wanted at £2 3s 6d ex dividend, sellers £2- 6s. National had sales at 14s 3d, 14s 4d, and 14s 4%d. Queensland, £2 11s. In meat, Gear had three sales at £1 8s 6d, two in Wellington and one in Auckland. New Zealand Refrigerating (10s paid) sold at 3s 8d in Christchurch. Yesterday in Wellington Gear were quoted at buyers £1; 7p.9d, sellers £1 9s; New Zealand Refrigerating Company (10s paid) at 3s 7d and 4s. - In the miscellaneous division, Wilson's Cement, had most sales; starting in 'Auckland last week at £1 8s and selling in Auckland on.Wednesday at £1 9s. Electrolytic Zinc (ordinary) sold in Christchurch at 16s 9d and 16s lOd, and preference shares sold in the same city , three times at £1 7s and ' once at £1 7s 9d. Colonial Sugar were bought in Auckland and Christchurclv from £51 10s to £52 12s 6d, and sold in Auckland yesterday at £53. . British Tobacco sold three times in Christchurch, £1 12s sd, £1 12s 6d, £1 12s 9d, and had another sale in ChristchurcWesterday at £1 13s 4d. In Auckland there were sales of Farmers' Trading, the ordinary at 2s Id and the preference at 5s 3d.- Other sajes .were Henry Jones Co-op., £1 15s 7d' (Auckland). New Zealand Drug, £2 16s 6d, £2 16s 6d, and £2 16s, all- in Auckland. New Zealand Paper Mills, two sales at £1 2s, one in Dunedin and one in Auckland. Woolworth preference, £1 fls, Wellington. Mount Lyell had two sales at £1 6s 3d mid two at £1 Os 2d; Union Oil sold at £1 3s and £1 3s 6d; Kauri Timber Company at 12s 6d. ...