LATE COMMERCIAL

Evening Star, Issue 22574, 16 February 1937, Page 12

LATE COMMERCIAL

PRICE OF GOLD. , Press Association—By 'Telegraph—Copyright LONDON, February 15. (Received February 16, at 1.15 p.m.) Fine gold is quoted at £7 2s lid per ounce. DOLLAR AND FRANC. Press Association—By Telegraph—Copyright LONDON, February 15. (Received February 16, at 1.15 p.m.) Tile dollar is quoted at 4.89 g. The franc is quoted at 105 5-32. THE METAL MARKET. Press Association—By Telegraph—Copyright LONDON, February 15. (Received February 16, at noon.) The following are the official metal quotations: — Copper.—Standard, £so 18s lid per ton: forward, £55 19s 4sd. Electrolytic.—Spot, £61 ; ; forward, £6l 10s. , Wire bars, £6l 10s. Lead. —Forward, £27; spot, £27, Spelter.— Spot, £23 13s 9d; forward, £23 18s 9d. . 1 _ -rin—Spot, £229 12s 6d; forward, £230 12s 6d. ■ Silver.—Fine, 20|d per ounce; standard, 2T 11-16 d. BRADFORD, MARKET. Press Association; —By Telegraph Copyright LONDON, February 15. (Received February 16, at 1.15 p.m.) On thq Bradford market the tendency in merino values is still favouring buyers Medium cross-breds arc firm, owing to the scarcity of supplies. NEW. GUINEA GOLD. " ■ Press Association —By Telegraph Copyright LONDON, February 15. (Received February 16, at 2 p.m.) New Guinea gold shares are quoted at 3s. __ . MOUNT LYELL SHARES, Press Association—By Telegraph—Copyright LONDON, February 16. (Received February 16, at noon.) Mount Lyell shares are quoted at 35s 9d. ________ ’ LONDON WHEAT MARKET. Press Association—By Telegraph—Copyright LONDON, February 15. (Received February 16, at 1.35 p.m.) Wheat cargoes are steady following better Winnipeg week-end advices and adverse American south-west weather reports. Parcels are steady, being mostly Igd to 3d dearer, excepting Indians, which are 3d cheaper. Futures: London—March, 46s Id; May, 45s 8-)d. Liverpool—March, 8s 7d; May, 8s July, 8s 9Jd. Chicago quotations: May, 137 j cents per bushel; July, 119 i; September, 1145. COPRA PRICES. Press Association —By Telegraph Copyright LONDON, February 15. (Received February 16, at 1.30 p.m.) Amended official copra preies are: South Sea, 19gd; smoked, 19Jd; plantation Rabaul, 20Jd. SALES ON ’CHANGE: THIS DAY. Christchurch.—Commercial Bank of Australia, 19s 2d; Bank ot New South Wales (cum div.), £36; Bank of New Zealand, 40s 3d; Goldsbrough, Alert, 38s Id; Loan and Mercantile Cord, stock). £45; N.Z. Refrigerating (£1 paid, cum>div.), 20s 4d; Anthony Hordern, 20s lid; Broken Hill Proprietary, 84s 6d (4), 85s, 85s 3d, 85s Id; Broken Hill Proprietary (cont.), 745, 74s 9d (4) Colonial Sugar, £42 15s; Electrolytic Zinc (pref., cum div.) oSs Cd (5) ; G. J. Coles, £5 10s, £5 9s 9d (6), £5 9s 6d; Mount Lye'll, 45s 9d (<), 45s lOd (5), 45s lid, 45s lOd, 45s lid, 4os 10d (2) : Mount Morgan, 16s lid (6) . Reported: 4 per cent, inscribed stock (1943-46), £102; Broken Hill Proprietary (late sale on the 15th), 83s 9d; G J. Coles (late sale on the loth), £5 lls 6d (2) : AValdas Shoes, 28s 9d. Unlisted: Woolworths (Sydney, ord.), £8 lls; Woolworths (W.A.), £7 os; Woo'hvortbs (Sydney, ord A, £8 lls 6d. Wellington.—Broken Sill, £4 ss; Dunlop, 19s Id; Coles, £5 9s 6d, £o 0s 9d; Bank of New Zealand, 40s sd; N.Z. Breweries, 59s 4ld; Broken Hill (con.), 73s 3d; Morris Hedstrom, 30s; Electrolytic Zinc (ord.), 56s lOd. Auckland.—Morning call: Taranaki Oil, 2s 9d; Consolidated Brick, 10s 8d; Mount Morgan, 16s lid; Bank of New Zealand, 40s 6d; New Zealand Insurance, 625; Australian Glass, 935; South British Insurance, 995;, E.S. and A. Bank, £6 7s 6d; ißank of New South Wales, £36; Amalgamated Brick (1944), £lO4 ss. Noon call: Kauri, 23s lOd; Bank of New Zealand, 40s 6d; New Zealand Breweries, 59s 9d; Broken Hill, 85s 6d; Australian Glass, 93s 6d; Coles, £5 9s; Woolworths (Sydney), £8 12s. Our Auckland correspondent telegraphs :—Business on the Exchange has been well maintained and a substantial turnover has been recorded over the past 24 hours. At this morning’s call there was a free market, and a fair number of advances were noted. The banking section was more active than usual. New Zealancls again showed a slight improvement, with sales higher at 40s 6d, after winch the market was steady between 40s 4d and 40s 7d. Bank of Australasias were very firm, with a market between £l2 17s 6d and £l3 7s 6d, while fi.S. and A.’s sold 2s Gd higher at £6 7s 6d. . Insurances were firm, and South British and New Zenlands each gained sixpence, with sales at 99s and 625. Auckland Gas shares were weak, and offers to sell at 21s 9d brought no response from buyers. The brewery section again came in for special attention. Dominions bad a market for the ordinary shares (ex rights) between 39s and 435. The preference were quoted from 40s to 435, and “ rights ” from 10s to 14s. Meanwhile. New Zealancls moved up to buyers at 59s 3d and sellers at 60s. Australian issues had good inquiry, and Broken Hills sold threepence higher at

83s, and at the call buyers offered 84s, with sellers holding out for 85s 6d. Mount Lyells changed hands sixpence higher at 455, after which buyers moved up to 80s 9d without securing a transfer. Government stocks were in demand, with inquiries for the full list at late rates.