WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LVII, Issue 179, 30 June 1937, Page 5

WELLINGTON STOCK EXCHANGE.

_ Business was quieter on the Wellington Stock Exchange yesterday, a smaller turnover being recorded. Prices showed little change, hul one 41 r two issues showed a firemer tendency. Government loans wore quietly steady. Bank shares displayed a firmer trend, New Zealand shares selling at 44s 6d with more wanted at 44s 7d and holders asking 44s lOd. Commercial of Australia improved a shade. Insurance issues wore dull, Queensland being reported sold at 58s 6d. Industrial and trading issues were generally quiet. N.Z. Breweries improved to 495, with no response from sellers. Kaiapoi Woollen had sales at 13s 6d. Broken Hill Proprietary were quiet at BOIS 6d. sellers 80a 9d. Dunlop Perdriau were firm a.t. 22a del, sellers 22a Bd. C. J. Coles had business at £5 2s 6d to £5 ,2s 3d, and eased to £5 Is 9d, sellers £5 2s. Macduffs, prof, were firm at 25a, sellers asking 28s. Mining issues were extremely dull. .Mount Lycll wore steady at 425, but Alt. Morgan eased to 12s sd, sellers 12s 7d. YESTERDAY'S BUSIN ESS. The laiost buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follow: —

£lO2 ss: Bank of N.Z., £2 4s 6d; Queensland Insurance, *£2 18s 6d; N.Z. llcfrjg., 10s paid, *Bs lOd; Kaiapoi Woollen, *l3s 6d, 13s 6d; Taupiri Coal (2), *lss 6d; British Tobacco, £2 9s 9d; G. J. Coles, *£s 2s 6d, £5 2s 3d; N.Z. Drug, £3 14s 3d; Wilson’s Cement (2), £1 0s 6d; Mount Lycll. £2 2s; Wailii Investments, *lls 9d, 11s lOd. *l.atc sale Monday. Auckland.—lnscr. Stock, 4 p.c., 15-2-43-46, £104; 15-4-46-49, £lO3 17s 6d; Nat. Bank A’asin, £5 paid, £7 3s; Bank of N.Z., £2 4n 9d, £2 5e 3d; National Insurance, 17s 6d: South British Insurance (2), £4 15s 6d; Kaiapoi Woollen, 15s 6d; Dominion Breweries, £2 3s 3d; N.Z. Breweries, rights, £1 3s; Australian Glass, £4 10s 9d: Bycroft, Ltd., £2 2s- Dunlop Perdriau, £1 2r, 6d; Farmers’ Trading, £1 Is; G. J. Coles, £5 2s: Milne and Clioyec, B prof., £1 4s; Farmers’ .Fertiliser, £1 0s 6d; Wilsons Cement, £1 0s 6d; Golden Dawn, Is 9d: Wailii Investments. 11s 8d; Broken Hill Soulh (2), £2 9s 3d, £2 9„; Mount Lvell, £2 2t? 6d, £2 2ts sd; Mount Morgan. 12s 9d. Christchurch.—N.Z. Refrigerating, 19s, 10s paid 8s lOd (2); Kaiapoi Woollen, 13s 6d (2), 13s 8d; Westport-Stockton. 2s 6(1 (3): Bcalh and Co.. Is paid, 9d; Anthony Hordern. 19s 2d, 19s 3d; British Tobacco, £2 9s 7d (2) : Dunlop Perdriau, £1 2s 6d (2): Electro Zinc, prof., £2 16s 4<l; G. -T. Coles, £5 Is 6d (2), £5 Is 9d (2), £5 2s (5): Macdutfs, prof., £1 *ss 6d; Farmers’ Fertiliser, £1 0s sd; Broken Hill South. £2 9s, £2 8s 9d (3), £2 8s 5d (2): Mount Lvell, £2 2s 3d (2). £2 2s 2d (2), £2 2s 4d, i £2 2s 3d (2), £2 Is ild (5); Mount Morgan, 12s 9d (3), 12s 6d (2); Rawang Tin, 12s. Sales reported: Christchurch 'Citv, 41 p.c.. 31-3-40-52. £lo2'lßs 9d; Bank of N.S.W., £35 7s 6d (3); Bank of N.Z., £2 5s (2); British Tobacco. £2 9s 7d (2), £2 9s 9d, £2 9s 7cl; Broken Hill Ply., £4 Is; Evans Atlas Flour, 19s 6d; G. J. Coles, £5 2s (2); Hays Ltd., contr., 16s; Macdutfs, prrf., £1 5s 6d. *Late sale Monday. Dunedin. —Bank of N.Z., £2 4s 8d; Comm. Bank Austr.. 18s 4d. 18s sd; N.Z. Refrigerating. 19s Id: Goldsbrougli, Mort, £1 15s 3d: British Tobacco. £2 10s; N.Z. Drug. £3 14s 3d (2) : G. J. Coles, £5 2s; Broken Hill Ply.. £4 0s 9d (4); Wilsons Cement. £1 0s 6(1: Broken Hill South, £2 8s 9d (2): Mount Lycll, £2 2s Id (2), £2 2s; Mount Morgan, 12s Bd, 12s 9d (2). AUSTRALIAN SHARE MARKET A FIRM TONE. SYDNEY, Juno 29. There was a slight increase in the volume of business on the Sydney Slock Exchange to-day. The tone of the market was firm, but investors continued to operate with caution. Sales. —Dank of New South Wales, £35 12s fid; Commercial Ranking Co. of Sydney, £22 4s; Queensland National Rank, £5 10.?; Colonial Sugar, £47 10s; United Insurance, £lO 10«: Burn*, Phi Ip, South Sea, 325; I British Tobacco, 50s 3d; Tooths, 55? 9d; Tooheys, 33s 7?d; G. .1. Co’cs, £5 3s fid; Dunlop Perdriau. 22s 9d; Electrolytic Zinc, 565; Felt and Textiles, 35c; 7jd; Kandos, 255; Mark Foy, 250 3d: Hume Pipe. 19ls fid; Victoria Nvanza. 18s 3d; W. U. Carpenter, 445; David Jones. 42is 4d; A nthouv Hordern, 19s 9d: Mt. Morgan. 12s 6d: Ah. Lvell, 42s fid; I’awang Tin. 12s 3d; J.arut Tin, 19s fid; Emperor, 15s 3d. MELBOURNE, June 29. On the Melbourne Stock Exchange to-

day bonds .wore a shade belter. Other sections of the market were quiet. Barriers and gold issues were a tittle weaker on tight trading.

Sales. —Commercial Bank of Australia, 18s 8d; National Bank. £6 paid, £l4 13s; Adelaide Steam, 325; British Tobacco, bOs 3d; G.' J. Coles, £5 3s; Drug Houses, 26= 9d; Australian Iron and Steel, prof., 26s 7;,d; Australian Glass, 92s 6d; Dunlop I’crclriaii, 22s 9d; ditto, prof., 36= 9d; Felt and Textiles, 35s 6d; Goldsbrough Mort, 365; Flcctrolytio Zinc, 56s 6d; ditto, prof., 57s 3d; 3Mt. Morgan, 12s 6d; Jit. Lyell, 42s 3d; Broken Hill Proprietary, 81s 3d: North Broken Hill, 72s 9d; South Broken Hill. 495; Emperor, 15s 2d; Loloma, 19s 3d; Now Broken Hill, 17s. ON NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday New Zealand. Buying. Selling.

Shanghai— N. pence to 1 dollar - T.T. 17 45-64 18 964 O.D. 17 43-64 18 9-64 T.T. represents telegraphic transfers. O. represents on demand transactions. The above rates are subject to alteration without notice. Tha Associated Banks (olher than the Bank of New South Wales), quoted the following dollar rates yesterday, on a New Zealand currency basis. they are subject to alteration without not'ce.

Arrangements are being made in Wairoa to send a trial shipment of poultry to Condon. A number of poultry breeders arc interested, and hopes are expressed that satisfactory arrangements will be made for the experiment to be carr cd out.

-Buyers' Sellers. N.Z. GOVT. LOANS— ,C s. cl. Jl s. d. 3-j p.c. Infer. Stock, 11-1938-52 102 5 0 Ditto, 5-1939-52 102 5 0 — Ditto. 11-1941-52 102 5 0 — Ditto, 5-1941-52 102 5 0 — Ditto. 1-1953-57 — 100 5 0 4 p.c. ditto, 3-1940-43 101 5 0 — Ditto, 2-1943-46 — 104 5 0 Ditto, 4-1946-49 104 5 0 Ditto, 6-1952-55 102 15 0 — 4 p.c. Bond*, 6-1952-55 102 15 0 — 5 p.c. Rural Bonds, 15-9-1947 102 2 6 102 10 0 DEBENTURES— Makorua llge., p.c.-, 1-3-45. 1-8-53 101 0 0 Wgttn. Cite, 4i p.c., 1-2-57 104 10 0 Lower Hntt Boro., 41 p.c., 1-3-47 104 2 6 105 0 0 Atnalg. Brick (Wgtn.) — 99 15 0 N.Z. Farmers’ Co-op., 4£ p.c., 1945 — 91 0 0 Grand Central BJdge. — 60 0 0 BANKS— Australasia — 12 13 6 Comrcl. of Aust., ord. 0 18 3 0 18 4 Ditto, pref 9 1 6 — National of N.Z — *3 4 0 New South Wales ... — 36 0 0 Ditto, London rcg. . 35 10 0 36 0 0 New Zealand 2 4 7 2 4 10 Ditto, Sydnev rcg. ... — 2 4 9 Ditto, D long term ... 1 6 3 — Union of Aust 10 14 0 10 18 0 Ditto, Melbnc. rcg. .. 10 14 0 — FINANCIAL— Abraham and Williams, prof 4 5 0 Dalgety and Co — 10 16 0 Equitable Bdg 0 10 3 . . Goldsbrougli, Mort .... — 1 16 0 National .Mortgage, A — v 2 13 0 Ditto, B — *1 11 0 N.Z. Guarantee Corp. 0 4 10 0 5 3 N.Z. Invent., .Mort. and Deposit 0 9 0 Well. Trust. Loan ... 5 8 6 0 10 3 — Wright, Stephenson, ord t 0 9 — GAS— Auckland, contrite ... — 0 16 3 Gisborne — 0 13 0 Wellington, ord — 1 16 0 Feilding 0 2 .0 - — INSURANCE— National of N.Z 0 17 5 _ Standard 2 17 6 — MEAT PRESERVING— Clear Meat 0 15 8 N.Z. Refrigerating ... 0 18 10 — Ditto, 10s paid — 0 8 10 TRANSPORT— Union Steam, prof. ... 16 0 WOOLLEN — Oamarn — 0 19 3 Weliington, ord. — Titqaru — 6 .2 0 019 0 COALKtjiitangata 119 ■‘S?J aupili. — 0-15 9 Westport-Siockton ... — 0 2 6 Ditto, pref -.. — c ;4 9 TIMBER— ; Kauri — 1 3 6 Lcvland-O’Brien — 1 0 0 liotoiti . — 0, 5 1 Taupo Totara, ord. .. — 0 9 1 Ditto, pref. — 1 0 0 Ditto, 16s t>di pref. ... . — 0 15 9 BREWERIES— < 'arlton — 3 4 6 Dominion — Y\ *2 3 9 N.Z. Breweries 2 9 0 — Staples and Co — •2 11 0 Tooth and Co — 2 15 9 Tooheys 1 12 0 1 13 6 N.Z. Breweries, rights. 1 2 8 1 3 0 MISCELLANEOUS — Anthony Hordern 0 19 0 0 19 3 Aur>t, Glass 4 11 0 4 12 6 British Tobacco — 2 9 11 Broken Hill Pty 4 0 6 4 0 9 Ditto, eontrib ■ — 3 15 6 Burns, Philp and Co. 3 12 6 — Claude Neon Lights (N.Z.) - 1 11 0 Colonial Sugar — 47 0 0 (Ion. Brick and Pipe 0 7 6 ‘ Den. arid Med. Sup. — 0 12 9 Dunlop Pordriau 12 4 1 2 8 Electrolytic Zinc, ord. — 2 16 6 Ditto, pref. — 2 17 6 General Industries ... 0 19 11 — Cl. J. Coles 5 1 9 5 2 0 Macduffs, pref. 15 0 1 8 •0 N.Z. Drug 3 13 0 3 16 0 Sharland and Co., ord. — 0 19 b Shillings, Ltd. 0 18 0 — Taranaki Oil 0 4 0 0 4 6 Wilsons N.Z.. Cement — 1 1 0 Woo!worths N.Z., ord. — 6 1 0 Woolwortlis Ltd., 2nd pref. .. 1 7 9 — 0 Berlei (X.Z.). Ltd. ... — 3 6 Mvors Emporium — 1 18 3 MINING— Bier River ....V..W. — 0 1 7 Gillespie’s Bcaclt — 0 1 5 Broken Hill South ... — 2 9 6 Mount Lvcll 2 2 0 2 2 1 Mount Morgan *0 12 5 0 12 7 North Broken Hill ... 1 — 3 13 6 Placer Development . — 4 1 6 *Ctim dividend. TESTER!JAY’S SALKS. Wellington.— Rural Bonds, 5 p.c ., 1947,

London— £N.Z. to £stg.l00 ... T.T. 124 124/10/0 Australia— £llo £N.Z. O.D. 123/10/0 124/8/9 100 T.T. - — Fiji — £ to £N.Z. O.D. 101 100/10/C 100 T.T. - _ New York — Dollars tc £ O.D. 90/7/6 89 N.Z .. T.T. 3.9880 3.9512 Montreal — Dollars to £ O.D. 3.9980 3.9552 N.Z .. T.T. 3.9932 3.9584 France — Francs to £ O.D. 4.0057 3.9624 X.Z . T.T. — 88.58 Hong-Kong— N.Z. pence O.D. — 88.62 to 1 dollar .. T.T. 18 3-32 18 17-32 Japan— N.Z. pence O.D. 181-16 18 17-32 to 1 yen .. . T.T. — 17 15-32 O.D. — 17 15-32

U.S.A. Canadian Dol. (Pet Dot. (Per Sellincr£1 N Z.) £1 N.Z.) T.T 3.95 3-16 3.951 O.D 3.95 9-16 3.96 5-16 Buvinir— ‘O.D 3.G92 4.00 9-16