WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LVII, Issue 220, 17 August 1937, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES.

Strong upward movements in chain store issues were tho outstanding feature of tho market, on the Wellington Stock Exchango yesterday. Tho bulk of tho recorded turnover was in those shares. Active dealings in Woolworths, Lid. (Sydney) saw a marked recovery in prices. Sales wero mado at up to £6 16s 6d, a gain of 11s 6d since Friday. G. J. Coles have also staged a good recovery and dealings wero reported late yesterday at £5 Is 9d. McKcnzios Department Stores continued their upward trend and an odd lot was sold at 87s 6d. The negotiations announced for a fusion of Macduffs, Ltd., and Shillings. Ltd., had a stimulating effect upon tho latter, dealings being reported at 19s 8d to 20s, as against 17s 8d on Friday. Gear Meat advanced to business at 18s 9d. Other sections of the market showed little chango. YESTERDAY’S QUOTATIONS.

YESTERDAY’S SALES. Wellington.—Union Bank. 3lclb. rcg., *£lo 2s; Gear Meat, 18s 9d; British Tobacco. £2 11s: Broken Hill Pty.. *£4 4s 3d (2) £4 4s 3d; Burns. Plnlp. £3; G. J. Coles (2) +£s Is 9d: N.Z. Fanners’ Fertiliser. £1 0s 7id; Shillings, Ltd.. *l7s Bd, tl9s Bd, +£l; Taranaki Oil, ss; Argo Gold, Is 10JdPlacer Dovolopinent, +£4 I s - *Batc sale Friday. fßeportod after last call. Auckland. —Inscr. Stock, 3£ p.c., 15-1-55-57 £9B 15s: Comm. Bank Austin. 18s; Bank of’ N Z £2 4s 8d; Dominion Investment, 17fi 6d; N.Z. Loan and Mere., £4O; Northern Steam, paid, 3* lOd; Kniapoi Woollen (2), 14s 6d, prof. 18s; Felt and Textiles, £2* Is 6<l, £2 Is; Dominion Breweries, rights, 12s Id; British Tobacco, £2 11s l£d; Burns, Philp, £3; Broken Hill Pty., £4 4s 6d, £4 4s 3d, £4 4s, (2) £4 4s 3d; Electro. Zinc. prof.. £3 9s 6d. £3 Os 9d; Farmers’ Trading (2), £1 0s 9d; G. J. Coles, £5; Farmers’ Fertiliser, cx div., £1 0s 7£d; Radio (1936), Ltd., ex div.. £1 4s; Sliajland. prof.. £1 Qs 7d. £1 0s 9d; W. 11. Carpenter (2), £2 6s 9d; Taranaki Oil, ss; Woolworl lis Holdings, 17s. Christchurch. —Com. Bank, of Austr. (2), 18s Id; prcf., £9 9s; United. Building, £1 0s 6d; Westport-Stock ton (2), 2s 6d; British Tobacco (3). £2 11s; Broken Hill Ptv.. £4 3s lid. £4 4s 2d; Dunlop Pcrdriau (4), £1 4s; Electro. Zinc, prof., £3 Is, (6) £3 0s 9d; G. J. Coles, £4 18s 9d. £4 19s, £4 19s 3d, £5 Is 9d; Kauri Timber. £1 2s 9d; Shillings, Ltd., 19s, 19s 6d; Taranaki Oil, ss; Woolworths (N.Z.), rights (2), £4 4s 6d; Maorewhenua (4), jti; Mount Lycll (2), £2 ss; Mount. Morgan, 12s Id. Sales reported: Coinin. Bank Austr. prof., £9 9s; N.Z Refrigerating. 19s 9d; Broken Hill Pty.’ (2), +£4 4s 3d; Felt and Textiles, £2 Is; Shillings, Ltd., £l. . . Dunedin. —Bank of N.Z., £2 4s 6d; British Tobacco, *£2 11s l£d; N.Z. Drug, £3 14s; Wilsons Cement, *£l 0s 7d. *Late sale Saturday.

The latest buying ana soiiin g quotations recorded yesterday on the Wellington Stock Exchange were as follow:— Buyers. Sellers. N.Z. GOVT. LOANS— £ a. d. £ s. d. 3 p.c. Inscr. Stock, 7-1939-41 97 15 0 — 3i p.c. ditto, 3-1939-43102 10 0 103 0 0 Ditto, 9-1939-43 102 10 0 — Ditto, 3-1941-43 102 12 6 — Ditto, 9-1941-43 102 12 6 — Ditto, 11-1938-52 103 2 6 — Ditto, 5-1939-52 103 2 6 — Ditto, 11-1941-52 103 5 0 — Ditto, 5-1941-52 103 5 9 — Ditto, 1-1953-57 98 5 0 — 3| p.c. ditto, 11-1933-41 101 7 6 — 4 p.c. dillo, 3-1040-43 102 10 0 — Ditto, 6-1952-55 104 15 0 — 34 p.c. Bonds, 1-1953-57 98 7 6 — 3j p.c. ditto, 11-1938-41 101 7 b — 4 p.c. ditto, 4-1946-49 104 15 0 — Ditto, 6-1952-55 104 15 0 — 5 p.c. Rural Bonds, 15-9-1947 102 10 0 — DEBENTURES— Wgtn. City, 41 p.c., 1-2-57 103 0 0 — Makenia Dge., 44 p.c., 1-8-45, 2-8-53 — 101 0 0 Arnalg. Brick, Wgtn. — 98 10 0 Grand Central Bldgs. — 60 0 0 Gisborne Sheep Farmers, 64 p.c., 31-8-41 101 10 0 — BANKS— Australasia — 12 7 6 Comrcl. of Aust.. ord. *0 17 11 0 18 3 National of N.Z 3 0 0 — National of Australasia, £10 paid — 15 4 0 Now South Wales ... *34 10 0 — New Zealand 2 4 5 2 4 10 Ditto, D long term ... — 1 10 3 Union of Aust., Melbne. i-eg. ■ — 10 2 6 FINANCIAL— Abraham and Williams, ord 2 17 6 — Golclsbrough. Mort ... 1 15 3 1 15 7 N.Z. Guarantee Corp. 0 4 11 0 5 1 N.Z. Invest., Mort and Deposit — 0 10 0 N.Z. Loan and Merc., ord. stock —• 43 10 0 N.Z. and River Plate — 1 0 0 GAS— Auckland, contrib. ... — 0 16 0 Wellington, ord 1 15 3 — Feilding 0 2 3 — INSURANCE— National of N.Z 0 18 0 0 18 3 Now Zealand 3 4 9 3 5 6 MEAT PRESERVING— Gear Meat 0 18 4 — N.Z. Refrig., 10s paid 0 9 3 — Southland 4 4 6 — Wellington Meat Exp. 0 5 0 — TRANSPORT— Huddart, Parker, ord. 1 19 6 2 1 0 Ditto, Dref 1 8 0 — Union Steam, pref. ... 1 6 3 — Kelburn Tram., pref. 1 1 0 — WOOLLEN— Oamaru 0 18 9 0 19 0 Prestige (N.Z.), pref. — 1 4 0 Timaru — 0 18 6 Wellington, ord. — *5 19 0 Ditto, pref — *6 2 6 COAL— Kaitnngata 1 1 9 — TIMBER— Kauri — 1 3 0 Leyland-O’Bricn 0 19 0 1 0 0 Taupo Totara, ord. . . — 0 8 4 Ditto, pref — 0 19 9 Ditto, 16s paid, prof. — 0*15 9 BREWERIES— Dominion — 2 1 3 N.Z. Breweries — 2 10 6 Staples and Co 2 11 0 — Tooth and Co 2 14 9 2 15 6 Tui 2 14 6 — MISCELLANEOUS— Anthonv Hordern 0 18 10 — Aust. Glass — 4 16 3 British Tobacco 2 10 9 2 11 3 Broken Hill Bty 4 4 0 4 4 6 Burn?, Philp and Co. — 3 1 0 Colonial Sugar — 48 0 0 Con. Brick and Pipe — 0 9 0 Den. and Med. Sup. 0 11 6 — Dunlop Perdriau 1 3 10 1 4 2 Electrolytic Zinc. pref. — *3 1 9 General Industries .... 1 0 6 1 1 2 G. J. Cole? 5 0 6 5 2 0 Hume Pipe — 1 0 9 Macd uft’s, pref 1 6 0 — National Electric — 0 14 9 N.Z Drug — 3 14 6 N.Z. Farm. Fertiliser fl 0 6 1 ’ 1 0 N.Z. Paper Mills 1 6 9* — Procera Bread, ord. ... — 0 17 o Sharland and Co., ord. — 0 19 2 Shillings, Ltd. 0 19 3 — Taranaki Oil 0 4 ii 0 5 5 Wool worths N.Z., ord. 5 2 6 — Wool worths Ltd., first pref — +2 1 0 W. R. Carnenter —- 2 7 6 Victoria Laundry 0 18 9 — Cox Bros — 1 6 6 Burns, Philp, rights 1 15 4 . 1 16 8 Felt and Textiles — 2 1 6 MINING— Argo . — 0 2 0 Ncmona Grey River. 5s paid — 0 5 5 Broken Hill South ... *2 10 0 2 11 6 Mount, Lyell 2 4 9 . 2 5 9 Mount Morgan — 0 12 4 Placer Development . 4 1 0 4 1 6 Pato Consolidated .... 0 11 0 — OVERSEA S LI STINGS— Wool worths Holdings 0 16 3 — *Cum dividend. +15x dividend.