STOCK Am SHARE MARKET

Nelson Evening Mail, Volume LXVI, 22 October 1935, Page 8

STOCK Am SHARE MARKET

WELLINGTON STOCK EXCHANGE MONDAY, 21st OCTOBER, 1935

CHRISTCHURCH STOCK EXCHANGE ITEMS FROM SATURDAY’S QUOTATIONS Buyers. Sellers.

UNLISTED STOCKS

SHARE MARKET [By TeleKraphf-Press Association] WELLINGTON, 21st'October' Mid-day Call. —Sales : 4 per cent. Inscribed Stock (1940), £lO2. AUCKLAND, 21st October. Sales on ’Change.—Commercial Bank, £9 12s 6d; English, Scottish and Australian Bank, £5 5s 6d; Union Bank, £9 2s 6d; Berlei (New Zealand), £3; Colonial Sugar, £43; New Zealand Government Inscribed Stock (1937-40), £102; Consolidated Brick, 9s 7d. CHRISTCHURCH, 21st October. Sales on ’Change.—Broken Hill Proprietary (rights), 19s 3d. Unlisted stocks: Golden Bay (“A” debentures), 13s lid. ' DUNEDIN, 21st October. Sales reported.—New Zealand Refrigerating (cont.), 10s 5d (late sale 19th October); Mount Lyell, 19s 3d. SYDNEY STOCK EXCHANGE 'United Press Association—By Electric Telegraph—Copyright) SYDNEY, 21st October. Sales on the Sydney Stock Exchange include:—Bonds, 4 per cent. (1944), £lO2 ss; 4 per cent. (1947), £lO3 7s 6d; 4 per cent. (1955);'£104 10s ; 4 per cent. (1957), £lO4 ss; 4 per cent. (1959), £lO2 16s 3d; Anthony Hordern, 19s l|d; Broken Hill Proprietary (ex rights), 54s 9d ; • Broken Hill- Proprietary (rights), 19s 4£d; Goldsbrough Mort., 31s ; Howard Smith, 18s. 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. BRITISH UNDERWRITERS (NELSON) LTD. SHAREBROKERS AND COMPANY ORGFANISERS Fell and Harley’s Buildings, Telephone 939. Hardy Street. Associate Companies in Christchurch, Dunedin, Timaru and Invercargill THE WHEAT MARKET LONDON, 18th October. Wheat cargoes are steadier responding to the sharp overnight recovery in foreign markets. . Canadians are asking 6d more, and Australian are reservedly offered unchanged. La Platas are but little changed, the demand being slow with buyers only interested in their immediate needs. Parcels are firm. Manitohas, 6d to 9r dearer; La Platas and Russians, 3d to 6d higher; Australians unchanged. Trading is slow. City of Winchester, 31s 9d. Futures.—London, February-April, 27s 3d a quarter; Liverpool, October, 6s 10£d a cental, Decfember 6s 6d to 5s Bd, March 6s 2d to 7s Bd, May 6s 2£d. NEW YORK, lj9th October. Chicago wheat futures: 1 dol. 1 cent a bushel; May, 99J cents; July 90fc ; New York, cash, 1 dol. 341, cents. RAW MATERIALS LONDON, 19th October. Friday’s closing prices for the following raw materials were as follows, those for 11th October being in parentheses:— Cotton. —Liverpool quotation, good Aemrican middling, spot, 6.40 d a lb (6.50 d); November delivery, 6.11 d alb (6.12 d). Rubber.—Para, s|d alb (same); plantation smoked ribbed sheet, 6|d a -lb (6 3-32 d). Jute. —October-November shipment, new season’s Indian jute, Dundee quotation, £lB 18s 9d a ton (£lB 11s 3d). Copra. November-December shipment, South Sea, to London or Rotterdam, £l3 a ton (£l2 7s 6d); smoked, to Marseilles or Genoa, £l2 10s a ton (£l2 ss); plantation Rabaul, to London or Rotterdam, £l4 a ton (£l3 ss). Linseed oil.—£2B a ton (£29). Turpentine.—4Bs 3d a cwt (46s 9d). TALLOW AND HEMP The Department of Agriculture has received the following cablegram, dated 19th October, from the High Commissioner for New Zealand, London: — Tallow.—Market; firm with quotations slightly higher for mutton, fine. Hemp.—Manila: Market quieter and slightly weaker p trade demand poor. “K” grade for October-December shipment, quoted sellers at £27. Sisal: Market quiet and somewhat easier. No. 1 grade for October-December and Janu-ary-March shipments quoted sellers at £27. New Zealand: Moderate inquiry but small business has been done. “Fair” grade, £2l; rejected, £lB 10s. LONDON EGG MARKET FIRMER

The High Commissioner cables, London, 19th October : —Egg market firmer ; prices have advanced.' English National Pack, 16s 6d to 21s; English Ordinary Pack, 16s to 17s; Danish, 13s to 15s; Australian, 11s 6d to 13s 6d. LONDON MEAT MARKET The market for frozen lamb in London continues to be very firm, with a further advance in prices due to the shortening of stocks, according to the weekly cabled report received by the Meat Producers’ Board. Heavy supplies of home-killed lamb are affecting the demand. In the mutton market lightweight wethers are firmer; others remain steady and unchanged. There has been more inquiry for lightweight ewes and prices have advanced slightly. There is more inquiry for frozen beef, and prices have slightly improved. The market for New Zealand porker pigs is steady, but trade is slow, owing to unfavourable weather. The market for baconers is steady and unchanged. Very few are available. The approximate average wholesale 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, 48/under a lb (sd), 48/56 4Jd (4Jd), 57/64 4|d (4|d), 65/72 4|d f4gcl); North Island, 48/56 4£d (4-|d), 57/64 4Jd (4|d), 65/72 4fd (4§d); ewes, 48/under 3|d 3d (3d), 65/72 2*d (2gd). New Zealand lambs.—Canterbury, 36/under 8d (7-Jd), 37-42 8d (7gd), 43/50 7sd {7l d 1. Second quality, average about 311 b, 7gd Other South

Island: 36/under 8d (8d), 37/42 8d (7|d), 43/50 7|d (7|d). Second quality, average about 301 b, 7§d’ (7fd)-; North Island; first quality, ’36/unde'r 7|d'(7fd), 37/42 7-|d (7|d); second quality, average about 311 b, 7fd (7gd). Argentine lambs: First quality (New season’s), 36/under 7§d New Zealand frozen ’.beef, ‘ox hinds, 145/210 3f-d (3 2 L d); ox fores, 145/ 210 2J)d (2£d). New Zealand chilled beef, ox hinds, 145/210, 5d ( —); ox fores, 145/210 2£d. (—); Argentine chilled beef, ox fores, 145/210 s|d (s|d); ox fores, 145/210 2gd (3d); Uruguayan' chilled beef, ox hinds, 145/210 s§d (sgd); ox fores, 145/210 2§d (2|d); Australian frozen beef, ox hinds, 145/210 3|d (3|d): ox crops, weights corresponding, 2Jd (2|d); Australian chilled beef, ox hinds s£d ( —); Union of South Africa chilled beef, ox hinds, 145/210 s|d ( —); fores, 145/210 2|d (, —) • Southern .Rhodesian chilled beef, ox hinds, 145/210 4|d (4gd), fores, 145/210 (2gd); New Zealand porker pigs, 'first -.quality, ’ 60/80, 6Ad (64d); 81/100 6d (6d); 101/120 sgd (sj?d); New Zealand prime baconer nigs, 121/160 53d (53d).

Morning Call Buyei s. Sellers. £ s. 1. £ s. d. N.Z. Govt. Loans — a% ins. Stk., 15/1/ 1937-40 — 102 2 6 4% Ins. Stk., 15/2/ '1943-46 105 0 0 106 10 0 4% Ins. Stk., 15/4/ '1946-49 — 106 10 0 4% Bonds, 15/2/ 1943-46 105 0 0 — 5% Rural Bonds, '15/9/1947 103 10 0 105 10 0 Local Body Debentures — Makorua, 4£%, 1/8/ 1959 — 101 10 0 Banks — Australasia 11 7 0 Comm, of Aust. (ord.) 0 16 6 0 16 9 Comm. Bank. Co., Sydney — 18 0 0 Eng., Scot. & Aust. 5 2 0 5 7 6 Nat. of A Asia (£5)* — 6 15 0 New South Wales 31 7 6 32 0 0 New Zealand 2 10 2 — New Zealand D Term — 1 14 3 Financial — Dalgcty and Co.... — 8 4 G Equitable Bldg. Co. 5 0 0 6 10 0 Goldsbrough, Molt and Co — 1 10 9 Mortg. Corporation — 0 5 8 National Mortgage 2 11 6 N.Z. Guar. Corp.* 0 4 11 0 5 4 N.Z. Loan & M. (ord. stk.) 35 0 0 — W'gtn. Invest. T. and A 0 8 0 — Wgtn. Trust Loan — 6 0 0 Wgtn. D. & Mor. 0 6 0 0 7 0 Wairarapa I armers (pref.) 0 2 8 — Traders’ Finance ... 0 3 4 — Gas — Auckland 1 5 3 1 6 3 Auckland (cont.)... — 1 0 0 Christchurch 1 13 3 — Christchurch (con.) — 0 17 6 Insurance — National of N.Z. ../ 0 19 3 0 19 9 New Zealand 3 2 9 3 3 0 Queensland — 3 2 0 Standard 3 4 0 Meat Preserving— Gear Meat — 1 2 6 N.Z. Refrig. (£1)... i i 7 — N.Z. Refrig. (10s)... 0 10 5 — Southland 5 15 0 — Wgtn. Meat Exp. (pi'ef .) — 1 2 6 Transport— lluddart, Parker (ord.) 1 8 0 — Kelbfunc Tramway 1 6 0 — Woollen — Wellington (ord.) 5 17 0 — Coal— Westport 1 2 1 3 — Timber — Kauri 1 0 0 — Rotoiti 0 5 10 — Taupo Totara (ord.) 0 6 0 — Breweries — N.Z. Breweries ... 2 11 4 — Tooth and Co 2 15 6 — Tooheys 1 8 0 — Miscellaneous — Anthony Hordern — 0 19 4 Aust. Glass* , — 4 0 0 Brit. Tobac. Aust. 1 18 3 1 18 9 Broken Hill Pty* — 2 14 0 Colonial Sugar 42 10 0 — Dominion Fertiliser 1 2 6 — Dunlop-Perdriau ... 0 14 0 — Electro. Zinc (8% part pref.) — 1 16 0 How. Smith (ord.) 0 16 6 — Procera. Bread (ord.) — 2 0 0 Procera Bread (vender) — 2 0 0 Wilson’s N.Z. Cem. 2 0 6 — Woolworths (N.Z.) (ord.) 5 2 6 — United Provisions* 0 11 0 0 12 0 Broken Hill Rights 0 19 0 — Associated News ... — 1 4 0 Mining— Brian Boru — 0 0 3 Consol. Goldfields... — 0 17 0 King Solomon 0 3 4 0 3 6 Skippers 0 0 ■4 — Australian— Loloma 1 10 0 — Mount Lyell 0 19 0 0 19 6 Mount Morgan 1 16 0 1 16 5 Sales Reported, First Call This Day — Bank of New Zealand, 50s 3d. Late Reported Sales, Saturday. — British Tobacco, 38s 6d New Zealand Refrigerating (10s), 10s 5d ; Dominion Fertiliser, 22s 101,-d * *Cum div. UNOFFICIAL LIST Buyers. Sellers. £ s. d. £ s. d. Woolworths, Ltd.... 5 8 0 — Woolworths, W.A. — 9 5 0 Emperor Mines 1 0 0 — Koroere Gold 0 19 6 — Tavua 0 5 6 — Nani no Syndicate. (£10 paid) 12 0 0 — Frozen Products ... — 0 15 0

£ s. d. £ s. d. Mining— Alexander (15s pel.) 0 16 6 0 12 6 Antonio Hydraulic (9d paid) — 0 0 9 Bendigo Goldlights (Is) — 0 0 b Big River (Is) — 0 1 101Blackwater (£1) ... — 1 15 0 Brian Boru (Is)... 0 0 1 0 o 24 Central Shotover (Is) — 0 0 HJCharleston (Is) — 0 0 5 Gillespie’s Beach (Is) 0 0 24 0 0 2) Golden Sands (Is) 0 2 4 0 2 a Goldfields Dredging (Is) 0 0 24 0 0 21 Kildare (2s) ...... — 0 3 3 King Solomon (Is) 0 3 3 0 3 6 Lawson’s Flat (Is) 0 0 34 0 0 44 Maerewhenua (Is) — 0 0 2 Maliakipawa (6d)... 0 0 1 0 0 14 Mahakipawa (pref., 1929 issue, Is) ... 0 0 2 0 0 4 Mahakipawa (pref., 1930 issue, Is) ... 0 0 2 0 0 31 Maori Gully (Is) ... 0 0 10 0 1 04 Mataki (2s) 0 1 10 0 2 0 Mining House Concessions (Is) — 0 0 01Okarito (5s) — 0 5 5 Rawang Tin (10s) 0 7 6 0 8 3 Sulphide Corpn, (pf., £1) 1 3 0 1 5 0

Skippers. (lsV-. 0 0It- 0 0 2 Upper Shotovcr 10'd paid, Is) — 0 0 a Wailii (iu liquidation, 5s) — 2 0 0 Wainiumu Sluic. (Is) — 0 U Waitahu (5s) 0 2 6 2 l 0 2 9 Worksop Extend. (Is) 0 2 1* 0 2 4 Martha (5s) 1 0 3

Argo Gold Buye: £ s. rs. Seilers, d. £ s. d. 0 10 Argo Gold (6d pd.) 0 0 4 0 0 6 Em pur or Eiji (iOd paid)' 0 19 6 12 9 Macetown — 0 10 New River (Is pd.) 0 0 6 0 10 N.Z. Min. Invest. 0 0 61 0 0 111 White's Electric ... 0 0 0 0 11