STOCK AND SHARE MARKET

Nelson Evening Mail, Volume LXVI, 23 July 1935, Page 8

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE MONDAY, 22nd JULY, 1935

D. R. Edwards (F. and D. Edwards, Ltd.), Sharebroker, Country Member of Wellington Stock Exchange, Trafalgar street. Telephone 208. F. G. Twiss, Sharebroker, Country Member of Wellington Stock Exchange, 100 Trafalgar street. Telephone 427. SHARE MARKET [By Telegraph—Press Association] WELLINGTON. 22nd July. Midday Call.—Sales: Christchurch Drainage Board (1964), per cent., £IOB 17s 6cl; Kaiapoi (contrib.), 6s 6d; N.Z. Refrigerating (10s paid), 9s 10dg, 9s lid; National Bank, £3 8s 9d (three sales); Bank of New South Wales, £32 7s 6d; Bank of New Zealand, £2 11s 6d. AUCKLAND, 22nd July. Sales on "Change: National Bank, 68s 9d • Bank of New South Wales, £32 ss; New Zealand Insurance, 67s 3d; South British Insurance, 98s 3d; Dominion Investment. 17s; North Auckland Farmers’ (“B” pref.), 10s; National Timber, 14s; New Zealand Refrigerating, 20s 9d; Mataki, Is lid; Okarito, 5s lOd; Mount Morgan, 375; Auckland City (1942), 4-pur cent., £193 15s; Williamson's Pictures (1933-49), 7J, per cent. £7B. Unlisted: Golden Crown, 7s lid ; National Bank of New Zealand, 68s 9d ; Dominion Breweries, 15s; Consolidated Brick, 10s 7<l; Farmers’ Trading, 7s 2d; New Zealand Government Inscribed. Slock (1937-40), 4 per cent., £102; Woolworths (Sydney), 945. CHRISTCHURCH, 22nd July.

Sales on ’Change.—Anthony Hordern, 20s Id ; Dunlop-Perdriau Rubber, 15s 6d (2), 15s 7d, 15s 8d (2); Kauri Timber, 22s 2d; Brian Born, 2gd ; Mt. Lyell, 20s, 20s Id. _ DUNEDIN, 22nd July. Sale on ’Change.-—Westport Coal, 22s (2b SYDNEY STOCK EXCHANGE fnlted nT-oQ S Association—-By Electric Telegraph—Copyright) SYDNEY, 22nd July. Sales on the Sydney Stock Exchange include: Bonds. 31, per cent., £lOl 15s; 4 per cent (1938), £lO3 7s 6d; 4 per cent. (1944), £lO5 2s 6d; 4 per cent.

(1947), £lO6 ss; 4 per cent. (1950), £lO7 2s 6d ; 4 per cent. (1943). £105; 4 per cent. (1957), £lO5 7s 6d; 4 per cent. (1959), £lO5 10s; Tooth’s, 55s 3d; Anthony Hordern, 20s l£d; Associated News (pref.), 23s 6d ; Broken Hill Proprietary, 59s 9d; Brutish Tobacco, 40s bd; Howard Smith, 16s 4|d; Morris Hedstrom, 225. LONDON FRUIT MARKET FIRM WITH STEADY DEMAND The Department of Agriculture has received the following cablegram, dated 20th July, from the High Commissioner for New Zealand, London: Fruit: Market firm with steady demand for all kinds. Apple Prices.— Cranny Smith, 13s to 18s; Dougherty and Yates, 10s to 14s Gd; Jonathan, Delicious, Stunner and Kokewood, 9s to 14s; Tasma, Ballarat, Scarlet Nonpareil, Newtown Pippin, Cleopatra, Borne Beauty and Statesman, 10s to 13s; Pioneer, Lord Wolseley and Dunn’s Favourite, 10s to 12s. TALLOW AND HEMP The Department of Agriculture has received the following cablegram, dated 20th July, from the High Commissioner lor New Zealand, London:— Tallow. —No auction this week; market continues idle and unchanged. Hemp. —Manila : Market continues firm. “K” grade for October-December shipment sold at £ls 15s; August-Oc-tobcr shipment closing values £l6 ss. Sisal: Good demand; prices have advanced. July-September shipment sold at £l7 17s 6d, and October-December shipment up to £lB ss. New Zealand: Nothing to report, relative values on the basis of fair grade £l6 for JulySeptember shipment. RAW MATERIALS

LONDON, 20th July. Friday’s closing prices for the following raw materials were as follows, those for 12th July being in parentheses:— Cotton: Liverpool quotation, good American middling, spot, 7.02 d a lb (6.99 d); August delivery, 6.57 d alb (6.48 d). Rubber: Para, 4|d a lb (sd); plantation smoked ribbed sheet, 5 3-16 d a lb (s|cl). ’ Jute: July-August shipment. Indian jute, Dundee quotation, £lB 15s a ton (£l9 0s 7gd). , . Copra: August-September shipment, South Sea to London or Rotterdam, £9 17s 6d a ton (£9 12s 6d); smoked, to Marseilles or Genoa, £9 17s 6d a ton (£9 12s 6d); plantation Rabaul, to London or Rotterdam, £lO 17s 6d a ton (£lO ss). Linseed oil: £23 a ton (£22 10s). Turpentine 43s 9d a cwt (same). FROZEN MEAT IN LONDON

The London market for frozen lamb is very firm with prices again better, according to the weekly cabled report received by the New Zealand Meat Producers’ Board. Consumption continues to be good. Wether mutton is meeting with a little better demand, but trade in ewe mutton is slow, with prices easier. Trade on the beef market is poor owing to the low prices for Argentine chilled beef. The market for New Zealand porker pig;s is dull, with poor trade. The market for baconers is steady and unchanged. The approximate average wdiolesale prices for the week, with those for the previous week in parentheses, are : New Zealand Sheep.—Canterbury and North Island, selected crossbred wethers and maiden ewes, 481 b and under 4jfd per lb (4|d), 48-5611) 4d (4d), 57-64ib did (37 d), 65-721 b 3§d (3|d); North Island, 48-561 b4d (4d) : , 57-641 b 3|kl (3-ad), 65-721 b 3|d (3|d); ewes, 481 b and under, 2|d (3d), 40-641 b 2|d (2|d), 65-721 b 2|d (2-|d|). New Zealand Lambs.—Canterbury, 361 b and under, 7£d (7£d), 37-421 b (7£d), 43-501 b7d (6gd); second quality, average 321 b 6gd (6gd); otlier South island brands, 361 b and under (7£d), 37-421 b 7-Ld (74), 43-501 b7d (6Jd)j selected North Island brands, 361 b and under 7|d (7*d), 37-421 U 7fd (7|d), 43-50 lb 7d (6|d); second quality, average 321 b 6gd (6§d); otlier North Island brands, first quality, 361 b and under 7d (7d), 37-421 b7d (7d); second quality, average 321 b (6d). Australian Lambs.—Victorian, first quality, 361 b and under 6d (s£d), 37-42 lb 6d (s|-d). Argentine Lambs.—36lb and under s|d (s£d), 37-421 b S£d (s|d). New Zealand Beef.—Ox fores 2£d (2|d), binds 3gd (3£d). Argentine Chilled Beef. —Ox fores 2-|d (2gd), hinds 4gd (4|d). Australian Frozen Beef.—Ox crops, over 1001 b, 2gd (2£d); hinds, over 160 lb 3|d (3|d). New Zealand Prime Porker Pigs.— 60-801 b s£d (sjd), 81-lCOlb s£d (s£d), 101-1201 b baconer pigs, 120-1601 b s|d (s|d).

Morning Call liuye rs. Sellers. S. a. £ s. d. N.Z. Govt. Loans — 4";, Bonds, 15/6 / 1952-55 Ill 15 0 5% Rural Bonds, 15/9.1947 104 10 0 31% Jus. Stk., 15/5/ *1930-49-52 108 2 6 108 7 6 5j% Ins. Stk., 15/5/ 1938-49-52 108 0 0 4% Ins. Stk., 15/1/ 1937-40 102 7 6 4% TIis. Stk., 15/6/ 1952-55 111 15 0 04% Ins. Stk., 15/ 11'1938-41 102 2 6 4% ins. Stk., 1943'63 106 15 0 Local Bodies Debentures — Wgtn. City, 4£%, 1/2,1952 ‘ — 111 0 0 Banks — Australasia 10 19 0 11 2 6 Com. of A list. (oi'd.B — 0 17 0 Comm. Banking Co. Sydney 0 18 12 6 Eng., Scot. & Aust. 5 2 — National of N.Z. ... 3 8 6 3 8 9 Nat. of A’asia (£5) 6 7 6 6 11 0 New South Wales... 32 0 0 32 7 6 New Zealand, 1) Long Term 1 12 7 N.Z. Reserve. Bank 6 8 9 6 10 0 Union of Aust.* ... 9 1 0 9 2 0 Financial— Goldsbrough, Mort, and Co. 1 9 9 N.Z. Guar. Corp.... 0 5 0 0 5 11 N.Z. Invest., Mort. and Dep. 0 8 0 Wgtn. Invest. T. and A 0 9 3 0 10 6 Wgtn. Trust Loan 5 12 6 — Wgtn. Dep. and M. 0 5 0 — Gas — Feilding Gas 0 8 0 — Napier 10 1 b — Wellington (ord.)* — 2 2 6 Wellington (pref.) 1 4 b — Thames — 0 6 0 InsuranceNational of N.Z. ... 1 0 6 South British 4 17 9 4 18 9 Meat PreservingGear Meat 1 0 9 113 N.Z. Refrig. (£1)... — 110 N.Z. Refrig. (10s)... 0 9 9 0 9 10 Southland — 3 15 U Woollen— Kaiapoi lord.) 0 15 11 0 16 6 Kaiapoi (contrib.)... 0 6 4 1 18 0 Manawatu — Wellington (pref.)... — 6 12 6 Coal— Westport-Stock ton 0 1 3 Timber — Kauri 1 1 10 12 5 Leyland-O’Brien ... 1 1 0 — Taupo Totara 0 7 4 0 19 10 Taupo Totara (pref.) — rnringamutu 0 5 4 — Breweries— Carlton _ 2 14 0 N.Z. Breweries — 2 13 4 Staples and Co.*... — 1 15 9 Tooth and Co 2 14 0 2 15 0 Tooheys 1 10 0 1 10 9

Timai'u (contrib.) Miscellaneous— — 0 9 3 Anthony ITordern 10 0 10 2

Aust. Glass 3 10 0 — Brit. Tobac. Aust.* 1 19 9 2 0 3 Broken Hill Ptv.... 2 19 0 2 19 6 Colonial Sugar 44 12 6 44 15 0 Consol, Brick, Pipe 0 10 6 0 10 9 Duulop-Perdriau ... — 0 16 0 Electro. Zinc (ord.)* Electro. Zinc (8% part prof.)* 1 7 6 1 8 6 1 15 6 Hen. Jones Co-op. — 1 17 6 Moturoa Oil — 0 2 2 iS.Z. Drug — 4 4 0 Wilson’s iSl.Z. Cem. 1 18 4 1 18 10 Woolworths (N.Z.) Ltd. (2nd pref.)... 1 8 3 MiningBig River 0 1 9 0 2 3

Kildare — 0 3 6 King Solomon — 0 4 0 Mossy Creek* 0 2 4 — Skippers 0 0 2 — Waihi 1 17 0 1 18 0 Worksop Extended 0 19 — Barrytown (10s pd.) — 110 Australian— Mount Lyell 0 19 9 10 5 Mount Morgan ... 1 16 9 1 17 6 Laloma 2 4 0 2 6 0 Sales, First Call This Day.—31,- per cent. Government Stock (1949-52), £108 7s 6d (2). on ’Change; National Bank of New Zealand, 68s 9d ; Gear Meat, 21s. Late Reported Sales, Saturday. — National Bank New Zealand, 68s 9d; Union Bank, £9 3s; Broken Hill Proprietary, 59s lgd, 59s Id ; Anthony Hordern, 20s. *Cum div. UNOFFICIAL LIST Buyers. Sellers. £ s. d. £ s. d. Woolworths, Ltd. 4 13 3 4 14 6 Woolworths (W.A.) Ltd — 7 2 6 Austral Gold — 1 17 0 F.A.M.E. Insurance (£1 prof.) — 0 19 3 F.A.M.E. Insurance (10s ord.) — 0 7 6 Frozen Products ... 0 12 0 0 15 0 Koroere Gold, Ltd. (33s) 110 13 0 Tru Colour Film (14s paid) — 116 Late Reported Sales, Saturday. — Woolworths, Ltd., £4 13s (3), £4 13s 3d.