DEALINGS ON ’CHANGE

Dominion, Volume 31, Issue 98, 20 January 1938, Page 12

DEALINGS ON ’CHANGE

Yesterday’s Recorded Business SALES IN THE DOMINION Sales recorded on the New Zealand stock exchanges yesterda.v were as follows, the number of shares In each lot being shown In the list of dealings on (ho Wellington Stock Exchange:—

•Late sale Tuesday. fßeported after last call. BASE METALS MARKET Sharp Fall In Tin By Telegraph.—Press Assn. —Copyright. London, January 18. The official London (middle) quotations, as reported by the Australian Mines and Metals Association, compare with those previously cabled, as follows:—

British Exchequer Returns (British Official Wireless.) London, January 18. The British Exchequer returns show that total ordinary revenue amount* to £548,863,823, compared with £520.545,947 at the corresponding date in 1937. Total expenditure, less self-balancing items, amounts to £690,722,941, against £636,724,801 a year ago. Gold Mining Returns By Telegraph—Press Association. Hokitika, January 19. The Rimu dredge return is 160.40 z. for 103 hours 42 minutes and 39.292 yards treated. Greymoutn, January 19. The Barrytown dredge from January 3 to January 15 operated for 206 hours for a return of 293 ounces of bullion from 79,000 yards. Trade With Canada As New Zealand has been such a good customer of Canada’s for a long period, it is very gratifying .to note a large increase in Canada’s imports from New Zealand during the first half of the year 1937. The increase is actually 82 per cent, over the 1936 period, find Canada has now become New Zealand’s fourth best customer, states a letter from a Canadian firm received by the New Zealand Bureau of Importers, Auckland. The actual trade figures are ns follows :—

London Wool Charges Increased .Sanderson, Murray mid Elder Ltd.. London and Bradford, have advised their Wellington correspondents, Murray, Roberts and Co., of increased charges for the London colonial wool sales. The rates came into force on October 8. Bates and charges (other than rent) —the deduction of 7) per cent, off rates and charges has been cancelled and the rates and charges have been increased by 5 per cent., representing a total increase of 124 per cent. Hates and charges formerly shown as net were increased by .12} per cent. The new rates were applied to wool ex ships breaking bulk on and after October 8. 1937. Rent charges shown as net were increased by 2} per cent. Commonwealth Bank Changes The governor of the Commonwealth Bank, Sir Ernest Riddle, has tendered his resignation to the Federal Ministry, and he will vacate the position on February 28. Tie will be succeeded by Sir Harry" Sheehan, secretary to the Federal Treasury. Mr. S. G. McFarlane, official secretary in London, will become secretary to the Treasury, and Mr, J. S. Duncan, deputy-director of Posts and Telegraphs, will replace Mr. McFarlane in London.

No. of shares. £500—4 p.e. Stocky 1940 ’103 5 *2 4 d. 0 3 ♦0 18 0 ”00 —Woolworths Ltd., ord. . * 1 o I £760—4 p.e. Stock, |1(>46 500 —Bank of N.Z. (2) 103 0 — 4( ino_ Diufo 4 150—N.Z. Breweries (2) .... - 7 100—Bonds Hosiery Mills . (i IS 0 200—Radio (1030) Ltd 1 100—Woolworths Ltd., ord. . 1 in Mount Morgan •Late sale Tuesday. AUCKLAND. d. laser. Stock, 4 p.c„ 1946-40 ■••• Ditto, 3J p.e., 1939-43 •••••••• Auck. Harbour Bd.« 41 Comm. Bank of Aust., pref 103 5 0 101 103 13 3 6 South Brjtlsh Insurance, (2) .... N.Z. Breweries 15 3 4 13 0 3 3 0 3 9 46 15 0 1 o 0 0 IS 1 "t 6 14 11\ 0 o "Ml T.ypll 1 13 0 Unofficial list:— Whakatane Paper Mills 0 7 0 CHRISTCHURCH. c s . d. laser. Stock. 4 p.e., 1946-49. 103 odd parcel 6 Comm. Bank of Aust. (2) .. • National Bank of Australia, 0 17 1 £5 paid United Building 7 1 0 9 N Z Brpwnripfl (2) 7 0 Q J ' 4 3 6 1 5 7 10 0 Sales reported . 103 Inscr. Stock, 4 p.e., 1952-55 (2) Bank of New Zealand 0 0 4 South British Insurance 2 8 3 Broken JTiB Bfv con. 1 15 0 N.Z. Farmers’ Fertiliser 0 19 6 0 G 9 Wool worths (South Africa) ... 0 14 9 0 10 3 Waihl Grfliirt .Junction, 0 3 0 7 0 W JI Cnrpenter *> 7 * Ditto o 7 3 Unofficial list: Allny S£pp1 (AUSt 1 0 11 6 Ditto 0 11 3 COM. DUNEDIN. £ 8. d. Inscr. Stock. 3J p.e., 1938-52 ... 101 10 0 Bank of N.Z 4 3 1 15 0 1 6 0 tl 16 3 ♦1 8 Woolworths Holdings *0 14 6

Jan. 17. Per ton. Jan. 18. Per ton. Copper— £ s. d £ s. d. Standard, spot . .. 43 18 1} 43 6 3 Ditto, forward . .. 4-1 1 3 43 10 7} Electrolytic .. 47 15 0 47 10 0 to 48 10 0 48 5 0 Wire bars .. 48 10 0 48 5 0 Lead— .. 16 19 41 16 16 10} .. 17 0 71 16 18 1* Spelter— Spot. ......... .. 15 10 7} 15 8 9 Forward ..... .. 15 15 1} 15 11 10} Tin— Spot .. 188 15 0 185 15 0 Konva.rd ...... .. 188 17 6 186 2 6 Sliver — Standard, per oz. . 1915-lGd. 20 l-16d. Fine ... 21}d. 215-8d.

.1937. (6 months). .1930 (0 months) Imports from $ New Zealand 5.226,376 2,859.576 Exports t o New Zealand 7,802,580 (1,523.688