VALUES ON STOCK EXCHANGE.

Press, Volume LXXIII, Issue 22004, 30 January 1937, Page 10

VALUES ON STOCK EXCHANGE.

CHRISTCHURCH RATES, JANUARY 29, 1937

FORMER LEVELS COMPARED

Where no approximate price is given return is worked on mid-market price, unless only one quote is given.

OTHER QUOTATIONS

WELLINGTON

Sales on ’Change £ s. d. Nat. Bank of N.Z. (late Thurs.) 3 3 0 N.Z. Refrig. (late Thurs.) .. 0 9 6 Westport Coal (late Thurs.) .. 14 0 G. J. Coles (late Thurs.) .. 4 17 3 Woolworths, Ltd. (2nd pf.) (late Thurs.) .. ..170 Sharland and Co. (ord.) (late Thurs) .. .. 0 18 9 4 per cent. Bonds, 1955 .. 103 12 6 Comm. Bank of Aust. (pf.) .. 0 8 0 9 7 6 Nat. Bank of N.Z. .. (2) 3 3 0 E.. S., and A. Bank .. 6 6.0 N.Z Breweries .. .. 217 0 G. J. Coles .. .. 4 18 0 General Industries .. .. 10 3 Mount Morgan .. .. 0 17 1 Wellington Alluvlals (Is 3d pd.) 0 4 3 Anthony Hordern .. .. 10 6 Unlisted Stocks Selfrldges (old issue) (late Thurs.) .. .. 22 6 Assoc. Motorists (pf.) .. .. 111 6 - DUNEDIN Sales on ’Change £ s. d. N.Z. Refrig, (con.) .. .. 0 9 5 Broken Hill Proprietary .. 4 16 Broken Hill Proprietary, con.) 3 8 3 3 7 9 Millaquin Sugar (late Thursday) 2 3 1J Mount Morgan .. .. - 0 17 1 Unlisted Stocks Associated Motorists (pf.) (late Thursday) .. .. 1 11 0 Self ridges (old issue) .. .. 22 6

MELBOURNE

The Industrial market was a little easiei n Melbourne. Barriers were lower 01 he falling metal prices. interest ii stocks was maintained.

IMPORTS FROM ENGLAND

LOCAL MANUFACTURERS’

ALLEGATIONS

DETAILS OF UNFULFILLED ORDERS SOUGHT

Statements that British manufacturers have recently been unable to fulfil orders in New Zealand, made at a meeting of the Canterbury Manufacturers’ Association this week, are considered by the United Kingdom Manufacturers and New Zealand Representatives’ Association to be unjustified. The association has instructed its secretary to ask the Canterbury Association for details of the orders unfulAt a meeting of the United Kingdom Manufacturers’ Association, the secretary quoted from the Department of Overseas Trade December bulletin a list of orders totalling millions of pounds recently received from ageist every country in the world. This list, the association considers, gives sufficient indication of the ability of the United Kingdom firms not only to quote prices which compete with those of overseas manufacturers, but to deliver goods in accordance with the requirements of overseas purchasers. In a statement it has issued, the United Kingdom Association says it wishes to emphasise that British manufacturers are not- neglecting the Dominion markets. . “The Hon. W. Nash is now m England negotiating for the unrestricted entry of our primary produce, the statement says. ‘ Surely there is urgent need for a removal of duty on English goods before any reductions or concessions are given to foreign countries, and we feel that the New Zealand Government will not be stampeded into abolishing foreign duties without fully investigating the facts, and certainly not before we truly reciprocate with our one safe market, the United Kingdom.”

MINING

KING SOLOMON

(PRESS ASSOCIATION TELEGRAM.) INVERCARGILL, January 29. The King Solomon wash-up for the week was 370 z 19dwt.

WORKSOP EXTENDED

Tire following is the return for the week ending January £B;—49 ounces, 137 hours, 11,500 yards.

foreign EXCHANGES

•DOLLAR MARKET RATES

The Associated Banks (other than the Bank of New South Wales) quoted the lollowing dollar rates yesterday, on a New Zealand currency basis. They are subject to alteration without notice:— U.S.A Canada (Per £1 N.Z.) o ... Dol. Dol- - T.T. .. .. 3.92 g 3.923 r O.D. .. 3.934 3.934 Buying— T.T. .. .. 3.964 3.964 O.D. .. .. 3.974 3.974

PRICE OF GOLD

LONDON, January 28. Gold is quoted at £7 Is lid a fine ounce.

PRICE OF SILVER

RUGBY, January. 28. Silver is quoted at 20£ d a fine ounce for spot and 20 7-16 d for forward.

SYDNEY

With the general fall in base metal prices, Barriers were marked down heavily on the Sydney Stock Exchange yesterday. Investments were steady but not overactive. Tin shares were quietly firm. Morning Sales

[AVERAGE PRICES FOR PRODUCTS

Order of Court Sets Out Schedules

STATEMENT BY MINISTER

FOR JUSTICE

[THE PRESS Special Service.]

GREYMOUTH, January 29.

An order of the Court of Review setting cut the schedules of the average prices for products ’ for the computation of the productive value of properties had been made, said the Hon. H. G. R. Mason, Minister for Justice, at Greymouth, to-night. Under the Mortgagors and Lessees Rehabilitation Act, mortgages and leases were adjusted according to the productive value of farms.

A compilation of the order, continued the Minister, had involved an immense amount of work. Not only had the Government Statistician fur'nished many particulars, but much information had been procured from stock and station agents and other firms engaged in the handling of the, various types of farm produce. These particulars had required investigations going back for the last i.O years, and had involved a great deal of work cn the part of firms mentioned, indeed, far more than was imagined at the beginning of the investigation. The Minister expressed the gratitude of the Government to these firms for the generous way in which they had provided the Government with information which could not otherwise have been readily obtained. The order of the court which contained this information had now been transmitted to every- registrar of the Court of Review 7 , and copies could be obtained from registrars at 2s each. It was the Minister's hope that with this information available parties would endeavour to make their own voluntary adjustments. Not only was this the general policy of the act, but it was an express injunction in the act that commissions were to endeavour to secure voluntary settlements so far as possible. The information in the court order was most complete, and should enable the parties to discuss the position without further delay. When the ordinary reader saw an account of a wool sale, with its great, range of prices for different types of wool, they would realise that there was an immense amount of detailed work in preparing a schedule of average prices for that one commodity alone: but when they further learned what most persons not directly interested did not understand, that wool of nominally the same description, coming from different districts, would frequently average a different price because of the different time of shearing, probably involved a somewhat different percentage of grease in the wool, they would realise that the complexity was even greater than they had at first supposed. To the Government Printer the Minister said he was indebted tor the expedition with which he had the complicated mass of detail printed.

NEW YORK TIN

NEW YORk, January 28. Tin is Quoted at 50.20 cents per lb.

Are you thinking oi selling yom business. The quickest route between Buyer and Seiler is through “The Press' Classified Advertisements— l2 words Is, 3 insertions 2s 6d. ’Phone 33-358. —8

LONDON, January 23. The egg market is stronger. Quotations are:—Seventeens 8s 3a, sixteens 7s 9d to Bs, fifteens 7s 3d to 7s 6d, thirteen and a half 6s 9d- v

Return Am’t. paid a Companies. sh’e. Buyers. Sellers. Approx. market price. Approx, market price a year ago. c d > s Cfl U as u <c o% Div. payable. on investment at approx, market price. £ £ s. d. £ s. d. £ s. d. £ 5. d. £ s. d. Banks — Australasia Comm, of Aust. 5 10s 12 0 17 19 6 9 13 0 7 19 6 11 *3 0 0 19 0 10 12 0 0 19 0 0 5 72 5-61 Feb. -Aug. Oct.-Mch. 2 2 19 18 7 9 Comm, of Aust. (pref.) Com. of Sydney E.. S., and A. .. Natl, of A’asia. 10 12 3 10 9 20 6 5 10 5 3 0 0 9 21 6 15 10 10 6 15 0 0 0 0 2? if 8 5 5 10 6 0 6 0 9 20 6 14 12 2 2 14 6 6 3 0 4 6 5 5i Oct.-Mch. Jan. -July Nov. -May Nov.-May 4 3 2 3 4 10 7 7 10 7 9 8 Natl, of A’asia. 5 7 12 6 7 14 6 7 12' 9 7 6 0 5i Nov.-May 3 8 8 5 9 2 9 Natl, of N.Z. .. New Zealand .. N.S.W. Union 2) 1 20 3 2 35 2 0 10 0 3 0 3 2 35 3 0 12 0 8 6 3 2 3.5 3 0 12 0 6 6 3 2 34 12 7 15 0 5 9 4 10 5i Jan.-July Jan.-July Jan.-July 4 3 18 10 5 10 12 0 10 13 0 l0 12 6 9 16 6 5) Jan.-July InsuranceNational Now Zealand .. South British .. Standard 7s 1 1 1 0 3 4 18 0 13 2 0 6 0 3 2 18 3 19 4 0 0 0 3 4 2 13 1 15 17 3 3 6 6 0 3 4 3 18 3 11 4 0 0 0 6 10 5-7 10 2/8 12) \ May-Nov. Feb.-Aug. Apl.-Oct. Mch.-Sep. 4 3 2 4 2 5 16 6 1 3 10 11 Loan and Agency— Dalgety and Co. 5 Goldsbrough, M. 1 United Building 1 11 1 1 14 18 0 0 2 0 11 1 1 16 18 0 0 3 3 11 1 1 14 18 0 0 3 0 8 1 1 13 13 1 6 0 6 6 7 5 May-Nov. Dec.-June Oct.-Apl. 3 5 11 13 0 3 ■ 3 0 Frozen Meat — 10s 0 10 9 0 17 3 0 17 0 1 1 O 71 July-Oct. 4 8 2 N.Z,' Refrig. .. N.Z. Refrig. con. 1 ICs 1 0 0 9 4 4 1 , 0 0 9 8 5 1 0 0 9 6 5 1 0 2 10 2 11 5) 5J Feb. Feb. 5 5 16 9 Gas— Auckland Auckland (con.) 1 15s' 1 1 9 6 1 10 0 1 0 1 3 17 9 6 0 6 1 0 1 6 19 17 6 9 6 5) 5) 7 July-Feb. July-Feb. Aug.-Feb. 4 4 4 13 17 14 7 0 10 Ch Ch. (con.) .. 10s 0 13 9 0 14 6 0 14 0 0 17 6 7 Aug.-Feb. 5 Wellington 1 1 16 9 — 1 13 6 2 1 0 8 Aug.-Feb. Shipping— 1 1 16 0 1 18 0 1 17 0 2 0 0 7 May-Dec. 3 15 8 1 1 18 0 2 1 0 1 19 0 i 6 3 1 4 Union (pref.) .. 1 1 5 9 1 6 6 1 6 3 i 6 3 5) May-Dec. 4 3 9 Nov.-May 9 0 1 — — 0 15 6 0 10 3 5 6 Westport 10s 1 4 0 — 1 4 0 1 3 6 10 May-Nov, 4 3 4 Oct.-Mch. 3 6 1 — — 3 5 0 2 14 0 10 1 1 2 17 0 2 17 3 2 17 3 2 13 0 1 'U Jan.-Jnly 12 4 1 2 1 0 — 2 2 0 1 16 0 5 Aug.-Feb. u 7 7 ISs 1 15 6 1 15 0 1 10 0 7) Mch.-Sep. 3 13 1 Tooths 1 2 16 7 2 16 10 2 16 9 2 13 0 10 May-Nov. 3 10 5 10 1 4 10 0 A 12 9 4 12 6 4 7 9 15 Dec.-June 3 4 1 1 1 0 i 2 9 1 2 fi 1 8 9 5 Mch.-Sep. 4 8 10 British Tobacco 1 2 9 0 2 11) 0 2 10 0 2 1 6 7 March 1 2 16 0 1 4 0 8 4 0 10 4 0 9 2 19 6 12) Nov.-May 3 1 ii 1 — — 3 17 0 3 8 6 10 Nov.-May 2 11 u 20 42 10 0 43 0 0 43 0 0 1 43 2 6 6,1 Nov.-May 2 18 i 1 1 4 3 1 4 6 1 4 3 1 4 0 4) June 3 14 2 1 0 18 9 0 18 11 0 18 10 0 16 0 5 Apl.-Oct. 5 6 2 1 2 13 0 2 14 0 2 14 0 1 15 6 10 Mch.-Sep. 3 14 0 1 2 15 4 2 15 a 2 15 6 1 19 0 10 Mch.-Sep. 3 12 0 1 — 2 7 3 2 7 0 1 19 (1 10 June-Dee. 4 5 1 8 25s 1 2 10 1 3 6 1 3 0 1 4 1 5 June-Dee. 5 8 N.Z. Drug Co. 2 — 3 16 6 3 16 6 4 0 9 8 Sep.-Apr. 4 3 7 1 2 1 6) 2 1 7) 2 1 7 1 1 3 2 ! 10 1 June-Dee. 1 4 ?6 2 Farm. Fertiliser 1 — — 1 0 0 1 1 0 6 1 5) 1 August I 5 10 0 N.Z. Newsnapei's 10/8 1 19 9 2 1 0 2 0 9 I 2 1 0 1 6 1 Nov.-May 1 2 9 0 Whit. & Tombs 21 a 2 0 3 3 3 3 3 0 ! 5 15 0 1 6 1 Mch.-Oct. |4 15 2 Wilson's Cement 10s — 2 1 01 1 18 9 1 2 6 0 1 15 | Nov.-June 13 17 5

V ,Z. Government Debentures Buyers Seilers. £ s. d. £ S. i. 3J p.c. Ins., 15/3/39-43 — 102 0 0 3J p.c. Ins., 15/9/39-43 — 101 15 0 3i p.c. Ins., 1930-52 .. — 102 0 0 4 p.c. Ins.. 1943-43 103 0 0 103 15 0 4 p.c. Ins.. 1946-49 103 5 0 103 17 c 4 p.c. Ins., 1952-55 — 103 5 0 4 p.c. Bonds, 1943 103 12 6 104 0 0 4 p.c. Bonds, 1940 103 10 0 — 4 p.c. Bonds. 1955 102 17 6 ■— 3i p.c. Stock, 15/1/53-57 99 10 0 — Other Debentures Auckland Harbour, 41 p.c., 9/7/55 .. — 105 0 0 Wanganui Harbour. 41 p.c., 1/4/44 . —- 105 0 0 Booth. Macdonald, 5 p.c., 1/6/47 .. 72 10 0 — N.Z. Being., 41 p.c.. 1940-45 103 0 0 105 0 0 Quill, Morris, 4 p.c.. 1946 — 90 0 0 Wright. Stephenson. Perpetual. 5 p.c. — 103 10 0 Loan and Agency National Mart. A (£2) 2 16 0 3 0 0 N.Z. Guar. Corpn. (3s) 0 4 8 0 5 1 N.Z. Loan and Merc. (ord., £100) .. — 39 15 0 Wright, Stephenson (£1) 0 18 0 — Wright Stephenson (pf.. £1) — 1 0 0 Frozen Meat Canty. (£7 10s paid) .. 9 0 0 — Canty (pref., £5) 6 1 0 6 10 0 Nth. Cantby. Freezing (£3 paid) 1 10 0 1 17 6 Waitaki (£5) .. 4 3 0 — Woollens Bonds Hosiery (10s) .. — 0 19 6 Bruce (£1) — 0 12 9 Kaiapoi (17s paid) 0 14 6 0 14 9 Kaiapoi (7s paid) 0 5 4 0 5 8 Kaiapoi (7s paid, pref.) 0 17 0 — Manawatu (£1) — 1 13 0 Mosgiel (£4) .. 9 15 0 — Oamaru (£1) — 1 1 6 Coal Stockton (10s) 0 1 9 0 2 0 Stockton (prof., 10s) .. 0 3 5 0 3 6 Gas Ashburton (£5) 6 0 0 — Tlmaru (£1) .. 0 18 0 1 0 9 Breweries Crown (in liqdn., £1) 0 2 6 0 5 6 Dominion (£1) 2 1 9 2 3 0 Monteiths (in liqdn.. £1) 0 3 3 — Swan (25s) 7 5 0 7 15 0 McCrackens Trust (£1) — 2 5 0 Ward (in liqudn.) (£1) — 0 2 0 Miscellaneous Beau Monde (£1) 0 17 0 1 0 0 Anralg. Wireless (con.. 14s paid) — 2 0 3 Anthony Hordern (£1) 1 0 5 1 0 7 A’asia. Paper and Pulp (£1) •• •; — 1 16 3 Ausl Iron and Steel (pref., £1) 1 7 3 1 7 8 Beath and Co. (Is pd.) — 0 5 0 Beath and Co. (pref., (£1) 1 2 6 1 5 0 Ecrlei (N.Z.) (£1) 3 5 0 — Booth, Macdonald (pf., £1) 0 3 6 0 5 8 Broken Hill (con.) 3 7 4 3 7 5 Canty. Farmers’ Co-op. (25s paid) 0 14 6 0 16 0 Canty. Farmers’ Co-op. (pref., £2 10s) — 2 0 0 Claude Neon (N.Z.) (£1) 1 8 6 1 15 0 Dental and Medical (£1) .. 0 10 10 — D.I.C., (pref., £1) 1 3 >6 — Dominion Build. Supplies (£1) 0 3 6 0 5 6 Evans Atlas Flour (10s) — 1 2 0 Gen. Indust. (12s 6d) 1 0 1 1 0 6 G. J. Coles (£1) 4 16 9 4 17 0 Greater Crystal Palace (10s) 0 6 0 — Hay’s. Ltd. (15s paid) — 0 16 9 Howard Smith (£1) .. 1 3 1 1 3 6 Hume Pipe (Aust.) (£1) 1 1 6 1 2 0 Mason, Struthers (£ 1 paid) — 0 15 0 Mason, Struthers (14s paid) — 0 12 6 Mason, Struthers (10s paid) — 0 8 6 Morts Dock (£1) 0 12 11 0 13 1 M.K. Millinery (£1) .. 2 7 7 2 10 11 Myer Emporium (£1) 1 18 0 1 19 6 N.Z. Farmers Co-op. (10s paid) — 0 0 9 N.Z. Farmers’ Co-op. (1st pref., £5) 3 13 0 — N.Z. Farmers’ Co-op. (A pref., £4) 2 3 0 — N.Z Farmers' Co-op. (B pref., £4) — 2 1 0 N.Z Farmers’ Co-op. (4£ p.c. Stock, 1940, £100) 95 0 0 100 0 0 N.Z. Farmers’ , Co-op. (4J p.c. Stock, 1945, £100) 95 0 0 — N.Z. Farmers’ Co-op. (4J p.c. Stock, 1941, £100) 93 10 0 96 0 0 N.Z. Farmers’ Co-op. (4J p.c. Stock, 1939, £100) 95 12 6 N.Z. Malay Rub. (£1) 0 14 0 1 2 0 N.Z. Malay Rub. (pref., £1) 0 15 0 N.Z. Paper Mills (£ 1) 1 6 6 1 7 9 Northern Roller Milling (£1) 1 1 9 —— Yellow Express 0 5 0 Procera Bread (10s) 1 9 0 Quill. Morris ’(1936), (£1) 0 18 7 Robinson Ice Cream (£1) 1 1 9 T. J. Richards (£1) .. 2 3 3 2 5 0 Taranaki Oil. (24s 6d) 0 1 6 Union Oil Soap (£1) 1 5 0 Permewan Wright (£1) 1 9 0 United Provisions (£1) 0 11 0 United Prov. (pf., £1) 1 3 11 Zealandia Soap (£1) 0 7 6 0 8 0 Wilcox, Mofflin (11s) 0 1 0 12 7 Woolworths (N.Z.) ar (ord., £1) 7 2 6 7 5 0 Woolworths (N.Z.) (pref., £1) — 1 17 6 Woolworths (Victoria), (£1) — I 10 0

Buyers. Sellers £ s d. £ S d W. H. Carpenter (£1) I > 4 6 Shillings. Ltd. (£1) 0 18 10 0 39 9 Walclas Shoes (£1) 1 . 9 0 i 12 0 1 > S Mining Alexander (£ 1) — 0 1G 9 Alexander (15s pd.) .. 0 12 6 0 15 0 Argo (Is) 0 1 9 0 1 iii 3ig River (Is) 0 1 6 0 1 10i Blackwater ( £ 1) 1 7 6 1 10 6 Gillespie’s Beach (Is) — 0 1 6 Xing Solomon (Is) .. — 0 0 t> Macrcwhenua (Is) 0 0 li 0 0 2 3 Maori Gully (Is) ; 0 0 6 Moonlight Gold. (Is) — 0 1 0 Mossy Creek (Is) 0 1 2 0 1 2 \ Ncmona (Is) 0 1 7i 0 1 8\ Nokomai (5s) — 0 2 8 Okarito (5s) 0 4 6 0 4 9 Skippers (Is) 0 0 3J 0 0 3J Stafford Sluicing (Is) — 0 1 0 Waimumu Sluic. (Is) 0 0 11 0 1 0 Waitahu (5s) 0 1 0 0 2 D Worksop Extend. (Is) — 0 1 10 Australian Mining Broken Hill South (5s) 2 5 6 2 6 6 Mount Morgan (2s 6d) 0 16 10 0 16 10i Mt. Morgan Develop. — 0 1 9 Placer Dcvel. (1 dol.) 4 18 G 5 3 0 Rawang Tin (10s) .. 0 10 10 0 11 2 Upper Watut (5s) 0 1 11 0 2 3 Wellington Alluv. (2s paid) — 0 4 6 Mount Isa (£ 1) — 1 4 0 UNLISTED STOCKS All transactions in stocks quoted in this section are subject to a different rate of brokerage from listed 1 stocks and are not quoted on the official list. £ S. I d. £ s. d. Assoc, Motorists’ Petrol (pref.) X 9 6 1 13 6 Aust. Alloy Steel 1 1 11 1 2 11 Ballins Breweries (10s paid) — 0 8 2 Christchurch Press .. 7 15 0 — Coulis, Somerville, Wilkie, 5J p.c. stock. 1/5/41 — 103 0 0 National Tobacco (cum div.) — 3 1 0 N.Z. Mining Invest. — 0 0 5J N.Z. Perpet. Forests 2 13 11 — N.Z. Perpdt. Forests (4s paid) 0 13 0 — E. Reece, Ltd. (pref.) 0 1 9 0 2 3 Sel fridges (A’asia.) (old) 2 2 0 — Sclfridges (A’csia) (new) — 2 2 G Tc.mika Flour 0 9 0 0 19 0 Waimate Gas — 1 0 0 Wcre’s Invest. Trust 0 6 0 0 6 6 Westland Breweries <•■«.! paid) 1 11 8 — Willie's Electric — 0 0 8 Woolworths (Sydney) (ord.) — 8 15 0 Woolworths (W.A.) .. 7 5 0 7 7 6 J. C. Williamson, 7 p.c. debentures 74 0 0 — W. E. Woods — 0 16 0

Sales £ s. d ommercial Bank of Australia 1 0 1 rational Bank (£5 paid) .. 7 15 0 ritish Tobacco .. 2 10 6 ,arlton Brewery 3 4 0 J. J. Coles . . 4 18 0 )rug Houses .. 1 7 4 lunlop Perdriau .. 0 19 1 lunlop Perdriau (pref.) 1 14 9 lectrolytic Zinc .. 2 13 9 Uectrolytic Zinc (pref.) .. 2 15 0 Victoria Nyanza .. 0 16 6 fount Morgan 0 17 0 fount Lyell .. 2 2 3 Iroken Hill Proprietary . . 4 0 9 Forth Broken Hill .. 3 15 0 outh Broken Hill 2 5 0 knperor Gold .. 1 0 6 ..oloma .. 1 4 1 ilverton Trams 1 18 9 Cauri Timber 1 3 3 Coroere 0 5 9 lume Pipe .. .. 1 2 1

(BRITISH OFFICIAL 'WIRELESS.') RUGBY, January 28. Jan. 27. Jan. 23. Paris, fr. to £1 124.21 105 9-64 105 9-64 Now York, dol. to £1 4.8G6 4.90 3-16 4.891 4.901 4.90 dol, to £1 4.363 29.07i 29.07 belgos to £1 35 Geneva, fr. to £1 25.2215 21.44i 21.432 Amsterdam. 8.35 8.941 fl. to £1 12.107 93 5-32 to £1 92.43 631 Berlin, reich12.17J marken to £1 29.43 12.18 Copenhagen. 22.40 22.40 kr to £1 13,159 Stockholm, 14.401 kr. to £1 18.159 14.401 Oslo. kr. to £1 ,18.159 19.90 19.90 Vienna, schgs. 261 to £1 34.535 231 Prague, kr 1401 to £1 104.25 140 9-16 Helsingfors. 2261 marks to Cl 193.23 223 i Madrid, pesetas to £1 25.2215 — — Lisbon, escudos to £1 110 110 3-16 110 3-16 Athens, drach to £1 375 547 J 5471 Bucharest, lei to £1 433.6 670 670 Belgrade. dinars 25.2215 213 213 Rio de Janeiro pence to milreis 4.899 4i Buenos Aires, pence to dol. 51 Montevideo. pence to dol. • 391 391 Bombay, pence to rupee 19 18 5-32 18 5-32 Shanghai, pence to dol. • 14 17-32 14 17-32, Hong Kong. pence to yen 14 31-32 14 31-32 Yokohama, pence to yen • 13 31-32 13 31-32 Batavia, guilders 12.107 8.911 8.391 Warsaw, par zlotys to £1 43.33 — 25.93 •Determined by price of silver.

E s. d. Commonwealth Bonds— 4 per ctent., 1938 101 7 6 4 per cent., 1955 101 5 0 Commercial Bank of Sydney (ex div.) .. 21 11 0 Bank of New South Wales 36 0 0 Toohey’s Brewery 1 15 3 Associated Newspapers 1 4 6 British Tobacco (ex bonus) .. 2 10 6 Broken Hill Proprietary (new) 3 8 6 Burns, Philp 3 16 6 Morris, Hedstrom 1 10 0 Peters Ice 2 6 9

Afternoon 'Sales Bank of New South Wales 36 0 0 Commercial Bank of Sydney (ex div.) 21 11 0 National Bank (£5 paid) 7 15 0 Associated Newspapers 1 4 7i Colonial Sugar 43 7 6 Burns, Philp 3 16 6 British Tobacco 2 11 0 Tooth’s Brewery 2 17 0 Toohey’s Brewery 1 15 6 Winchcombe, Carson .. 1 19 3 Henry Jones 2 7 3 Electrolytic Zinc 2 14 3 Anthony Hordern 1 0 9 General Industries 1 0 6 Sargents 1 11 9 Hackshalls 0 17 3 Commonwealth Wool 1 1 0 Meggitts 1 14 9 Hume Pipe 1 2 3 Wunderlich 1 4 3 Woolworths (ord.). buyer 8 13 0 Woolworths (ord.), seller 8 17 0 Mount Morgan 0 17 li Mount Lyell 2 2 0 Bulolo Gold 7 15 0 Emperor 1 1 u Rawang Tin ., .. • , 0 11 1

GOVERNMENT SECURITIES (united press associatiox--CCPYBISHT.) LONDON. January 23. The following are"! the latest quotations for Government securities compared witti the prices ruling last week: — _ Jan. 21. Jan. 23. £ s. i d. £ s.d» British — Consols 83 10 0 82 10 0 Funding Loan, 4 per cent. 115 5 0 114 10 0 War Loan, 3 p.c. 105 0 0 104 2 6 Con. Loan, 3J p.c. 106 5 0 104 5 0 Victory Bonas, 4 per cent. 114 0 0 113 5 0 Commonwealth — 5 p.c, 1945-75 103 15 0 103 0 0 3 p.c. 1955-58 101 3 9 101 3 9 4 p.c, 1943-48 103 17 6 103 10 0 33 p.c, 1943-53 .. 103 0 0 102 5 0 3i p.c, 1936-37 .. 96 16 3 99 5 0 41 p.c, 1059-60 .. 96 13 9 95 17 6 New South Wales— 4i p.c, 1935-43 .. 100 3 9 99 18 9 Victoria — 3' p.c. 1929-40 93 10 0 97 17 6 43 p.c, 1940-60 .. 104 0 0 103 15 0 4 p.c, 1945-75 108 8 9 107 10 0 Queensland — 3 p.c, 1932-47 93 15 0 93 5 0 5 p.c, 1940-60 106 3 9 106 7 6 South Australia — 4 p.c, 1942-62 107 7 6 107 S 0 3 p.c, 1945-75 39 17 6 83 15 0 Western Australia — 4 p.c, 1942-64 101 10 0 101 6 3 Tasmania — 3J p.c, 1928-40 .. 101 5 0 101 2 6 4 p.c, 1940-50 101 5 0 103 15 0 New Zealand— 4£ p.c, 1943-50 .. 107 3 9 106 7 6 3J p.c, 1940 101 12 6 101 3 9 4 p.c, 1945 99 13 9 99 7 6 THE METALS MARKET

LONDON, January 28. Jan. 27. Jan. 28. Copper— Forward Electrolytic to £ s. cA. 5.2. G .. 52 15 .. 57 0 :. 58 0 a n 0 0 £ s. £L 52 0 74 55 15 0 57 15 0 Wire bars .. 53 0 0 57 15 0 LeadT— Spot .. 27 5 0 26 13 9 Forward .. 27 0 0 25 10 0 SpelterSpot .. 21 16 3 21 13 1 Forward .. 21 13 9 21 11 3 TinSpot ..227 2 6 225 10 0 Forward .. 227 12 6 226 2 6 SilverFine, per oz. 20 7-15d 20id Standard, ] oz. per .. 22 l-16d 22id LONDON EGG MARKET