TO INVESTORS IN STOCKS AND SHARES

Evening Star, Issue 22685, 26 June 1937, Page 12

TO INVESTORS IN STOCKS AND SHARES

STOCK AND SHAREBROKERS.

Investors are invited to transact their business through members of the Dunedin Stock Exchange. All Contracts are completed in accordance with the Rules and Regulations of the Stock Exchange Association of New Zealand. These have been approved and advertised in the ‘ Government Gazette.’ No member of a Stock Exchange in any part of the world is permitted to advertise shares for sale or purchase. Persons, firms, or companies who advertise shares for sale or purchase or employ canvassers are not members of the Stock Exchange. The following ore the members of the Stock Exchange:— C. H. Breeze, 21 Crawford street. D. J. Caider, N.Z. Express Buildings. Hamilton and Davidson, Stock Exchange Buildings. Logan and Vivian, N.Z. Express Buildings. W. L. Goldsmith, Stock Exchange Buildings. J. S. Hislop, 105 High street. J. B. Laidlaw, 125 High street. Ralph Malcolm and Co., Stock Exchange Buildings. . J. S. M'lnnes and Sons, N.Z. Express Build, inga. W. H. M'Leod, Stock Exchange Buildings. H. and E. S. Paterson Ltd,, 163 Rattray street. John Reid and Sons, 5 Liverpool street. ' W. E. C. Reid and Co., Edinburgh House. Sligo Bros., Stock Exchange Buildings. Fenwick and Reeves, Standard Insurance Buildings. Arthur M. Sidey and Co., A.M.P. Buildings. J. W. Smeaton and Co., 152 High street. W. B. H. Statham, 320 Princes street. W. P. Titchener, Queen’s Buildings. J. H. Walker, T, and G. Buildings. W. J. Watson, Stock Exchange Buildings. Quick, Smith, and Black, Stoqk Exchange Buildings.

FOREIGN EXCHANGES ON NEW ZEALAND CURRENCY BASES The Bank of New South Wales, Duncdin, quoted the following rates for purchase »nd sales of foreign exchanges (all rates subject to alteration without notice): —

DOLLAR RATES. The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates to-day on a New Zealand currency basis. They are subject to alteration without notice

FRUIT AND PRODUCE Bray Bros. Ltd. report as follows for the week ended yesterday;—A few lines only of milling wheat are now appearing on the market, as where wheat is in stack growers are inclined to postpone the threshing to the spring, in view of the broken weather. The fixed price for Tuscan for the month of June is 5s 2d per busel, f.0.b., grower’s nearest port, with higher values for Hunter’s and Velvet. The fowl wheat market is steady, with good quality readily saleable. Good hard wheat for poultry purposes is worth 5s 5d per bushel, ex store, sacks extra, with undergrade quality selling at os to 6s 3d, according to sample. Wholesale prices are as follow: Flour.—2oo’s, £l3 15s 6d; 100’s, £l4 12s 6d; 50’s, £l4 17s 6d; 25’s, £ls 7s fid. Bran, £5 5s per ton. Pollard, £6 15s per ton. Oatmeal. —2001 b sacks, £25; 25’s, £27. The oat market was inclined to ease, but it has now firmed again. The firming is in sympathy with the position in Australia, as the markets in Tasmania and Victoria have advanced to the extent of 4d per bushel. In the meantime few; lines are on offer from the country, and values are firm at 3s fid to 3s 8d per bushel, sacks extra, on trucks, country sidings. The lastnamed price is for bright, well-condi-tioned oats. There is a marked difference in the price of oats light in weight and out of condition. These are slow of sale at 2s fid to 3s per bushel in the country. The shipping market is firm at 4s 3d, f.0.b., s.i., for A Gartons, and 4s for B’b. The chaff market remains firm, with supplies coming chiefly from Canterbury. The value of the best quality is from £5 10s to £5 16s per ton, sacks extra, ex truck. The demand is confined to good quality chaff, other quality being difficult to sell. The potato market shows little change, with local prices governed by the quantity of the consignments coming from North Otago and South Canterbury. Good quality Arran Chiefs are selling locally at £6 5s per ton, sacks included, but this price is only obtainable for lines that are dry and in sound condition.

King Edwards are not over-plentiful, and there is no difficulty in selling this variety at higher values than those ruling for Arran Chiefs. The wholesale seeds markets are firm, with a tendency, with the appoach of the sowing season, for more buying. A quiet week has been experienced for the wholesale fruit martSj most of the rooms having little to offer retailers. Shopkeepers also adviso sales have been slow. The next shipment of South Australian oranges will arrive ex the Waitaki on Tuesday next. Island oranges have not yet all been cleared by wholesalers. There is good enquiry for Poorman oranges. The Wainui brought a small consignment, which realised a high price. Lemons ex the same steamer were received in good order and condition. Dunedin’s quota of Samoan bananas ex the Matua arrived to-day by the Port Waikato. Bananas are in good supply, hut sales are slow on account of the cold weather. _ Tomatoes are offering in small lots only, and the season is now fast drawing to a close. Choice quality pears have a better inquiry. vegetables have been in short supply, particularly cauliflowers. The market has been affected by the fact that locally-grown cauliflowers are being sent to the northern markets, and it is reported that a consignment from the south was sold in Wellington at over 20s per sack. Supplies cannot be expected to increase in the meantime as growers report that the unfavourable weather is seriously affecting the growth of the crops. In many cases they are rotting in the ground. The supply of cabbages at the end of the week was not equal to the demand. Parsnips, carrots, and swedes are realising good values. Supplies of these vegetables are likely to bo short in the near future. The market is short-supplied with eggs. . , The following prices were realised during the week:— —Bushel and American Cases.— Ripe bananas, 16s (to 17s 6d. New Zealand lemons, 20s to 255. Californian lemons, 70s. —Per Dozen.— Lettuces, 2s to 2s 6d. Spinach, Is to Is 3d. —Per Sack.— Cabbages, 4s 6d to ss. Cauliflowers, 10s to 15s. Parsnips, Is. Carrots, 4s to 4s 6d. Swedes, Is 6d to 2s. —Per lb.— Brussels sprouts, 4d. Leeks,, 4d. Celery, Bd. Potatoes, 8s 6d to 9s cwt. Peas, 4d to 6d. Tomatoes, local, Is 4d to Is Bd. Tomatoes, Christchurch, lOd to Is. Bacon, official price list. Bulk honey, Bd. Beeswax, Is 2d. , • Butter prints, Is 2Jd; hulk, 561hs, Is 2jd; bulk, 28 and 141bs, Is 2id. Cheese, 7d to 7£d. Eggs, market rates.

LONDON PRODUCE MARKET The Bank of New Zealand has received the following advice from its London office, as at close of business yesterday:—Demand and prices for wethers are steady. The market for ewes is dull and there is little business doing. The market for lambs is rather easier. Quotations: Wethers—light, 4Jd to s§d; heavy, 4Jd to 4Jd. Ewes 3|d to 4Jd. .Lambs—Twos, 7|d to 7|d; eights. 6|d to 7d; fours, 6|d to 6|d; seconds, 7d to 73d. DAIRY PRODUCE Messrs A. S. Patorson and Co. Ltd. are in receipt of the following cablegram from London:— Butter. —Market quiet; New Zealand, 109 s; Australian, 107 s; Danish, 945; landed cost, 115 s. Cheese. —Market slow; white, 745; coloured, 735. PROPERTY SALE Messrs P>. S. M'Kenzie Ltd., auctioneers, report having submitted to auction on account of Mr W. D. G. Hartley the freehold section and story and a-half brick bungalow known as No. 299 York Place, Dunedin. Although the bidding did not reach the reserve, the property was afterwards sold to a well-known business man.

Buying. Selling. London— £100 stg. N.Z. T.T. £124- £124 10/ O.D. £123 10/ £124 8/9 Australia— £A to £100 N.Z. ... ... T.T. £101 £100 10/ Fiji— £F to £100 N.Z. T.T. £90 7/6 £80 New York — Dollars to £1 N.Z. .. T.T. 3.9940 3.9572 O.D. 4.0040 3.9612 Montreal— Dollars to £1 N.Z. .. T.T. 3.9982 3,9633 O.D. 4.0107 3.9673 Austria— Schillings to £1 N.Z T.T. 20.88 O.D. — 20.89 Belgium— Belgas to £1 N.Z. ... T.T. 23.353 O.D. — 23.364 Czechoslovakia — Crowns to £1 N.Z. ... T.T. 113.06 O.D. — 113.11 Denmark— Kroner to £1 N.Z. .. T.T. 18.203 17.893 O.D. 18.263 17.899 France— Francs to £1 N.Z. ... T.T. 88.86 O.D. — 88.90 Germany— Reichmarks to N.Z. £1 ... T.T. 9.817 O.D. — 9.822 Holland— Florins to £1 N.Z. .. T.T. 7.319 7.169 O.D. 7.359 7.173 Italy — Lire to £1 N.Z. ... T.T. 75.23 O.D. — 75.28 Java— Florins to £1 N.Z. .. T.T. 7.293 7.143 O.D. 7.333 7.147 Norway— Kroner to £1 N.Z. ... T.T. 16.183 15.893 O.D. 16.243 15.899 Sweden— Kroner to £1 N.Z. ... T.T. 15.785 15.490 O.D. 15.845 15.496 Switzerland— Francs to £1 N.Z. ... T.T. 17.504 17.234 O.D. 17.609 17.239 Noumea— Francs to £1 N.Z. ... T.T. 87.49 O.D. — 87.55 Papeete— Francs to £1 N.Z. ... T.T. 87.44 O.D. — 87.50 Hongkong— N.Z. pence to dollar 1 ... T.T. 18 3-32 18 17-32 O.D. 18 1-16 18 17-32 India and Ceylon— N.Z. pence to 1 dollar T.T. 22 3-8 22 21-32 O.D. 22 11-32 22 21-32 Japan— N.Z. pence to yen 1 ... T.T. 17 15-32 Shanghai— N.Z. pence to dollar O.D. 17 15-32 1 ... T.T. 17 45-64 18 9-64 Singapore— N.Z. pence to dollar ... O.D. 17 43-64 18 9-64 1 ... T.T. 34 23-32 35 13-64 Chefoo— N.Z. pence to dollar O.D. 34 5-8 35 13-64 1 ... T.T. 17 43-64 18 19-64 Manila— N.Z. pence to peso O.D. 17 5-8 18 9-32 1 ... T.T. 29 59-64 30 27-64 O.D. 29 53-64 30 27-64

SELLINGU.S.A. (Per£lN.Z.) (I CANADA. 'er £1 N.Z.) T.T. (dol) O.D. (dol) ... 3.95 13-16 ... 3.96 3-16 3.96 3-8 3.96 13-16 U DYINGCD. (dol) ... 4.00 5-16 4.01 1-16