LATE COMMERCIAL

Evening Star, Issue 23056, 7 September 1938, Page 12

LATE COMMERCIAL

LONDON MARKETS MORE CHEERFUL. Press Association—By Telegraph—Copyright LONDON, September 6. (Received September 7, at 11.45 a.m.) As the result of the firm lead from the Paris Bourse, sentiment in the City is more cheerful than for some time. A long list of rises is recorded on the Stock Exchange. LONDON STOCK EXCHANGE. Press Association —By Telegraph—Copyright LONDON, September 6. (Received September 7, at 1.30 p.m.) Bank of Australasia, 163 s 9d; E.S. and A. Bank, 77s 6d; Union Bank of Australia, 130 s; Bank) of New South Wales, £23 17s 6d; National Bank of New Zealand, 40s; Bank of New Zealand, 33a 3d; British Tobacco, 38s l]cl; Goldsbrough Mort, 20s 7}d (nominal); Dalgety, 1255; P. and O. Deferred, 20s (New Zealand delivery, 20s); New.Zcaland Loan and Mercantile, 4 per cent, debentures, £B4 10s, ex div.; ord., £22 10s. _______ THE BUTTER MARKET. Press Association—By Telegraph—Copyright LONDON, September 6. (Received September 7, at 1.15 p.m.) Butter is firm. Choicest salted: New Zealand, 124 sto 1255; Australian, 121 s. Unsalted: New Zealand, 125 s to 1265; Australian, 1235. IMPERIAL SMELTING COMPANY. Press Association—By Telegraph—Copyright LONDON, September 6. (Received September 7, at 12.25 p.m.) The Imperial Smelting preference dividend is 1J per cent., making 4J per cent, for the year. It was announced that the depression in industry and the fall in zinc prices did not enable a full dividend. THE METAL MARKET. Press Association—By Telegraph—Copyright LONDON, September 6. (Received September 7, at 1 p.m.) Following are to-day’s official (middle) quotations on the London metal market, as reported by the Australian Mines and Metal Association, compared with those of

SALES ON 'CHANGE.—THIS DAY. Auckland. —First call: Bank of New Zealand, 425: Colonial Sugar, £47 5s (2); 1.C.1. (pref.), 21s 8d: Woolworths (Sydney), 20s 9d; Stock (194049), 4 per cent., £lOl. 12,15 call: Bank of New Zealand, 42s (2); National Insurance, 16s lOd: New Zealand Breweries, 40s 3d; Broken Hill Proprietary, 57s 2d (2); New Zealand Paper Mills, 22s 6d; New Zealand Newspapers, 345: Woolworths (Sydney), 20s lid (2). Unlisted: Fiji Kauri, 9s. Wellington.—First call: Unofficial list—Woolworths (Western Australia), £4 ss. Reported: 4 per cent. Stock (1949), £lOl ss: Goldbrough, Mort, £1 7s fid; New Zealand Breweries, £2 (3), £1 19s 9d; Broken Hill, £2 17s 3d (3); G. J. Coles, £3 18s 9d.. Noon call: 4 per cent. Stock (1949), £IOO 2s 6d; same (1949), £lOl 5s fid; G. J. Coles, 78s lOd; Consolidated Brick, 7s 9d; Woolworths Ltd. (ord.), 20s lOd. Christchurch.■ —New Zealand Breweries, 40s 3d; Broken Hill Proprietary, 575; same (cont.), 38s fid, 38s sd; G. J. Coles, 78s lOd; Taranaki Oilfields, 12s fid, 12s od; Wilcox, Mofflin, 6s 4d; Woolworths (Sydney, ord.), 20s lOd; Broken Hill South (cum div.), 29s fid; North Broken Hill (cum div.), 445, Reported: Woolworths (South Africa), 15s 3d (2). SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, September 6. (Received September 7, at 2.30 p.m.) Bonds: 4 per cent, 1941, £102; 1955, £lO3 17s fid.. Shares: Commercial Bank of Sydney, £2O Is; Tooths, 545; Associated News, 21s (pref., 22s fid); Anthony Hordern, Ifis fid; British Tobacco, 47s 9d; Broken Hill Proprietary, 575; Cash Orders, Ifis 3d; Colonial Sugar, £47 ss; Huddart, Parker, 49s fid. WA.IMUMU SLUICING COMPANY. (Pea United Pbess Association.! WELLINGTON, September 7. The Stock Exchange Association has been advised that the directors of the Waimuvnu Sluicing Company Limited have decided to call an extraordinary meeting to consider voluntary liquidation, .

September 2: — Sept. 5. Sept. 6. £ s. d. £ s, d. Copper— Standard, spot .. 40 13 li 41 5 0 Forward 40 18 li 41 10 0 Electrolytic, spot 46 0 0 46 10 0 Forward 47 0 0 47 10 0 Lead— Spot 14 0 74 14 4 44 Forward ... ... 14 4 44 14 9 44 Spelter — Spot ... 13 2 6 13 3 14 Forward 13 7 6 13 8 14 TinSpot ' 192 2,6 192 15 0 Forward 192 15 0 193 12 6 Silver— Fine, per oz 19 l-8d 19 M6d Standard, per oz 20 5-8d 20 9-16d