THE WORLD OF COMMERCE

New Zealand Times, Volume LIII, Issue 12611, 23 November 1926, Page 8

THE WORLD OF COMMERCE

WELLINGTON STOCK EXCHANGE YESTERDAY’S QUOTATIONS. (3.15 p.m. Call.) Yesterday’s closing quotations for premiums of investment and mining stocks, as advised by the Wellington Stock Exchange, are as under:—

"“Cum div. |Ex dw. JCalls paid in advance. Sales reported.—New Zealand Government Loans, 5 per cent. P.O. Inscribed Stock (1927), <£o9; Wellington Gas (ord.), £1 6s 6d. SALES IN OTHER - CENTRES Per Press Association. CHRISTCHURCH, November 22. New Zealand Government 4$ per cent. Inscribed (1938), £96 15s; Bank of New South Wales, .£44 15s. Reported sales.—Electro Zinc (ord.), 36s 6d (two parcels); Kawarau, 3s 4d. Salee reported; Goldsbrough Mort., 50s 6d. AUCKLAND, November 22. Sales.—Moanataiari, 4s lOd, 4s lid; Lucky Shot, Is 2d, Is 3d; Bank of New Zealand (rights), 6s Bd' Auckland Gas, 13s; Inscribed 4fc per cent. Stock (1938), £96 15s. Sales reported. Kawarau, 3s 3d; Moanataiari. ss, 5s Id. Sales: Milne and Choyce (debenture stock), 245; Moanataiari (contrib.), ss, 5s 2d, 5s Id; New Zeehan, Is 3d; Mount Lyell, 28s 9d. stock exchangFdisturbed HEAVY SELLING OF FRANCS COLONIAL STOCKS STEADY. Australian and N.Z. Cable Association. LONDON, November 21.

The Stock Exchange is passing through an unsatisfactory period, for though the approaching end of the coal strike lias

as the result of a substantial improvement in the value of tho franc. Large blocks of international securities have been thrown on'the market, causing flat-ness-in many sections, but gilt-edged remain steady, as fears of a rise in the Bank rate have passed. Colonial stocks are steady, and Mr Bruce’s statement lias hud a reassuring effect, although prices have not yet responded, beyond a fractional increase here and there. SYDNEYMARKET FRIM GENERAL. (Received November 22, ICL4S p.m ) SYDNEY. November 22. At the M’ool sales the market was fully equal to the closing rates of last week for all descriptions. Thero was a good general demand, all wools possessing fineness being in special request. FHill and satisfactory clearances were made. Greasy merino sold to 29d. RICH LODE OF TIN IN NORTHERN - "AUSTRALIA. f’.v Telegraph,—Press Assn. — Copyright. PORT DARWIN. November 22. A rich find of tin is reported near Bynoe Harbour. The lode is 30 feet wide, and yielded over 2o per cent, of tin. CUSTOMS - REVENUE The Customs revenue received at tho port of Wellington yesterday aggregated .£5932.

Buyers. Sellers. JZ 8. a. Jft 8. d. Government Loans — Inscribed Stock (1939) 96 10 0 — Inscribed Stock (1938) 86 12 6 — Inscribed Stock (1933) 100 10 0 — Inscribed Stock (1936) 100 10 0 — War Bonds (1939) 96 12 6 — War Bonds (1938) 96 12 6 — War Bonds (1933) 100 10 0 — War Bonds (1936) 100 10 0 — P.0. Inscribed Stock (1937) 98 17 6 09 5 0 P.O. Bonds (1927) 99 0 0 — Debentures— Wn, Racing Club ... 106 0 0 — N.Z. Breweries (stock) — 1 5 3 N.Z. Breweries (bonds) 1 4 11 1 5 4 Banks— National of N.Z 7 0 6 6 New South Wales 44 17 6 *45 2 New Zealand 3 6 0 3 1 0 New Zealand (rights) 0 6 6 0 6 7 Union of Australia ... 15 5 0 15 6 0 Financial— Goldabrough Mort N.Z. Guarantee Corp. 2 11 0 (ord.. N.Z. Loan and Her0 1° 4 o* 0 10 8 cantile Agency (ord.) 95 15 — Wn. Invest. T. and AWn. Deposit & Mort0 10 6 ' . 0 10 W r i g ht, Stephenson (ord.) W r i e ht. Stephenson 1 4 6 (pref.) Gas— 0 17 6 Auckland (paid) ......... 1 s 6 — Wellington (ord.) ...... — 1 7 0 Wellington (pref.) ...... 0 16 3 — Ashburton — +5 0 0 InsuranceNational fS 18 0 1 19 6 South British — 2 17, 6 Meat Preserving— N.Z. R e f r i g erating (£1) N.Z. H e f r i g erating . o 14 3 e(lOs) Transport— €■ 6 7 6 Huddart, Parker (ord.) — 2 7 Union Steam (pref.) ... P. and O. Deferred 1 0 3; Stock •250 0 0 Woollen— Wellington (ord.) 6 10 0 Wellington (pref.) 6 10 0 Wellington (new issne) 6 6 0 J6 11 0 Coal— Westport ...» 1 15 3 +1 16 3 . Timber— Leyland O’Brien 2 0 0 *2 3 3 1 8 0 National 0 14 0 0 15 6 Breweries— Crown 0 19 6 N.Z. Breweries 3 11 3 — .Staples and Co — 1 18 3 Ward and Co 2 2 6 — Miscellaneous— Electrolytic Zinc 1 17 0 Electrolytic Zinc 1 17 6 l 13 0 Wairarapa Far mers’ 4 2 6 Wairarapa Far mers’ . (pref.) . 0 16 11 Wellington Cordage ... — 0 18 0 Wilson’s Cement *1 14 6 — Mining— Waihi Grand Junction ... 0 2 8 Kawarau 0 3 fl —