STOCK AND SHARE MARKET

Nelson Evening Mail, Volume LXX, 16 June 1936, Page 10

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE

D. R. Edwards (F. and D. Edwards Ltd.), Sharebroker, Country Member o£ 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 ORGANISERS Fell and Harley’s Buildings, Telephone 939. Hardy Street. Associate Companies in Christchurch, Dunedin, Timaru and Invercargill. MINING

BASE METALS MARKET LONDON. 1211. June. The ofTicin 1 London (middle) quotations fur Friday, as reported by the Australian Mines and Metals Association compare with those previously cabled as follows : Copper— Standard, spot 36 1 10£ 36 5 7\

PRICES OF OTHER METALS

To-day’s quotations for other metals, with those of sth June in parentheses, are as follow : Pig-iron: Home trade, £3/10/- a ton (same); export, £3/10/- a ton (same). Antimony: British, £67 a ton (same): foreign, £42/10,.- a ton (£43/10/-). Molybdenite: 36/6 a unit (31/9). Wolfram :. 31/3 a unit (31/9). Osmiridium : £lO to £ll an ounce (£9 to £10).

RAW MATERIALS LONDON, 13th June. Friday’s ciosing prices for the following raw materials were as follow, those for sth June being shown in parentheses : Cotton: Liverpool quotation, good American middling, spot. 6.82 d a lb. (6.68 d); July delivery, 6.32 d a lb. (6.17 d.). ‘ Rubber: Para, 9 l-Bd. a lb. (9d.); plantation smoked ribbed sheet, 7 3-Bd. a lb. (7J-d.). Jute: June-July shipment. Indian Jute, Dundee quotation, £l7/5/- a ton (£l7/12/6). Copra: June-July shipment, South Sea to Loudon or Rotterdam, £l2 a ton (same); smoked, to Marseilles or Genoa, £ll/10/- a ton (same); plantation. Rabaul to London or Rotterdam, £l3 a ton (£l2/17/6) Linseed oil, £27/5/- a ton (£27/10/-). Turpentine: 39/3 a cwt. (39/9). TALLOW AND HEMP

The Department of Agriculture has received the following cablegram, dated 13th June, from the High Commissioner for New Zealand, London:— Tallow.—-Spot market remains depressed. Nominal quotations arc lower. Moderate business has been done in shipments. Hemp.—Manila : Market quiet, with firmer undertone. "K” goods quoted buyers August-October shipment . at £2O 10s. Stocks in London at Ist June, 12.535 bales, against 13,245 bales at same time last year. Sisal: Market firm and active. July-September shipment sold at £27 10s; August-October and October-Deeember shipments at £27 12s 6d. New Zealand : Nothing to report. Stocks in London at Ist June, 80 tons, against 24 tons same time last year. SHEEPSKIN, HIDeTAND TALLOW SALES Dalgety and Company, Ltd., Wellington. report under date 12th June:— Tile fortnightly sale of sheepskins, hides, tallow, and sundries was held today, a full bench of buyers being in attendance. Sheepskins.—A fair offering was submitted and competition was keen for all grades. Values for dry skins showed a further easing of id to |d per lb. A small offering of salteds was disposed of at unchanged prices. Hides. —A_ good selection was brought forward. Heavy and medium weights remained firm; light ox and cow were a shade firmer; kip and yearling appreciated by |d to id per lb.; calfskins met a good market, super lots advancing by about Jd per lb. Taliow.—Good demand at slightly lower values. The following is the range of prices: Sheepskins : Half-bred 6|d to 9Ad, fine crossbred 8d to 91,(1, medium crossbred 9d, coarse crossbred 7d to half wools 6id to Bi|d. quarter wools 5Ad to BJd, pelts to 7 jd. Salted, at each : Pelts to Is 6d. quarter pelts to 4s 3d, half wools Is 9d to 5s 6d, three-quarter wools to 6s 6d, full wools to 6s Bd, lambs Is to Is 6d. Hides. Ox 33/441bs. 4 I-8d to sj|-d, 45/521bs. 5 5-8 d to 6Jd, 53/591bs. 6 l-8d to 7 3-Bd. 60/691bs. 6 3-8 d to 7 7-Bd, 701bs. and over 7 7-8 d; cow 33/391bs. 4gd. to 5 7-Bd, 40/481bs. 4 5-8 d to 5 7-Bd. 491bs. and over 4£d to 73d; kip. 25/321bs. 5 3-Bd, to 6Ad, 17/241bs. 6d to 9d; yearling, 11/161b5., 9d lo 101,d; calf 9/10Ibs. 9 3-8 dto 6/Slbs. 4Ad lo 15d, l/51bs. 10 5-8 dto 14 3-Bd. ' Tallow : In casks, etc., 18s 6d to 20s per cwt.; in tins 10s to 16s 6d per cwt. Sundries: Cow tails to lljjd per doz.. horse hair to per lb. ■jVTEWMAN’S - Comfortable Cadillac Motor Service runs Daily (Sunday excepted) to Christchurch.

Buyers Sellers. £ 8. N.Z. GOVT. LOANS— 3J, S';', lnscr. Stuck, d. £ s. d. li>/3 1949-43 3% lnscr. Stock, — 103 2 6 15/9/1930-45 3i, % lnscr. Stock, — 103 2 6 lo/ll 1938-52 ... 4 % laser. Stock, 102 10 0 103 5 0 lo 2/1943-46 ■4 % lnscr. Stock, 104 0 0 — 10/4/1946-49 ... 4 % lnscr. Stock, 104 0 0 — 10/6/1962-55 4 Sb Jlonds, 15/1/ 103 15 ij 104 5 0 1957-40 BANKS— 102 12 6 Australasia 11 13 0 12 0 0 Com. of Aus. (ord.) 0 19 1 0 19 2 Eng., Scot & Augt. 6 4 0 — National of N.Z. * — 3 12 6 Nat. of A asia (£5) — 7 7 0 New South Wales — 32 5 0 New Zealand 1 FINANCIAL— Abraham & Willi2 4 0 ams (pref.) — 4 12 6 Equitable Bid. Co. Goldsbrough, Mori, 0 10 0 — & Co * 111 9 — N.Z. Guar. Corp. N.Z. Invest. NIort. 0 5 3 0 5 8 and Dep Wgtn. Invest. T. & — 0 9 3 A — 0 9 6 Newton King (pi.) GAS— — 0 9 6 Christchurch 1 12 6 — Wellington (ord.) INSURANCE— 2 0 0 National of N.Z. 0 18 2 0 18 4 Queensland 2 19 0 — South British 4 10 MEAT PRESERVING— 3 — 0 Gear .Meat * ' 1 0 N.Z. Refrig. (10s) TRANSPORT— lluddart Parker 0 9 7 0 9 11 (ord.) Huddart Parker — 1 17 3 (pref.) Kelburn Tramway 1 6 0 1 8 •0 (pref.) WOOLLEN — Bond’s Hosiery 1 3 9 .Mills 0 19 0 — 9 Kaiapoi (ord.) COAL— — 0 15 Grey Valley 0 10 0 — Taupiri — 0 0 18 0 Renown TIMBER— 0 10 Leyland-O’Brien ... — 0 1 3 6 Taringamutu 0 9 — Taupo Totara (ord) BREWERIES— 0 10 0 0 10 2 Tooth and Co. ... 2 12 0 2 12 9 Tui MISCELLANEOUS2 3 0 Anthony Hordern — 0 18 8 Aust. Glass* 4 13 0 4 13 9 Brit. Tob. (Aust.)* Broken Hill Pty. 2 0 9 2 1 5 (contrib.) 2 9 9 2 10 6 Burns, Philp & Co. Claude Neon Lights 3 11 9 0 (N.Z.) — 2 2 Colonial Sugar Consol. Brick & — 42 0 0 Pipe — 0 10 4 Dominion Fertiliser — 1 5 6 D.I.C. (ord.) Electro. Zinc (8 per 0 15 6 cent., part. pf.)... 1 19 6 — General Industries — 0 19 b G. J. Coles 3 19 6 4 0 0 Henry Jones Corp. Howard Smith — 2 1 (ord.) 0 19 0 — 0 N.Z. Drug 3 19 0 4 0 N.Z. Paper Mills ... Sharhum & Co. — 1 8 0 (ord.) — 1 1 b United Provisions Woolworths (N.Z.) 0 14 3 0 14 8 (ord.) * Woolworths Ltd., 8 17 6 9 6 0 2nd pref — 1 6 6 Hume Pipe Amalg. Wireless 1 0 2 (com) MINING— 1 15 0 Big River 0 1 11 0 ~0 Brian Bora — 4 Martha 0 19 G Talisman Dubbo ... — 0 20 6 Waihi Grand June. AUSTRALIAN— — 0 '6 9 Mount Lvcll * 1 4 . 3 — Mount Morgan ... Buiuli Tin 0 15 5 0 16 0 — UNOFFICIAL LIST

£ s. d. £ s. d. Buyers. Sellers. Woolworths. Ltd. 5 13 0 5 15 0 Frozen Products ... John Fuller & Son Debentures Majestic “A” De- — 0 12 87 10 0 0 0 83 0 — Motters (N.Z.) Ltd. 0 10 6 0 13 6 National Magazines National Tobacco 3 4 0 1 1 3 6 6 0 N.Z Farmers’ Dis0 trib. (11/6 pd.)... — 0 9 N.Z. Invest Trust — 9 15 0 N.Z. Porpet. For. 2 18 0 — Setfridges (A’asia) 1 4 0 Shillings, Ltd. (7/6 0 11 7 0 11 8 Smith,' Wvlie 0 11 9 Vacuum Products, 0 4 10s sh. (6s pd.) Vacuum Products, — 9 0 9 10s fully pd. ... — 0 b Wgtn. Publishing 4 10 4 19 0

Alexander (£1) ... 0 13 0 0 19 0 Alexander (.15s pd) 0 13 9 0 14 0 Aotearoa (Is) ... 0 0 H 0 0 6 Argo (Is) 0 1 6 v) 1 Big River (Is) ... 0 2 0 \J 2 01 Blaekwater (cum div., 15s) 1 12 3 1 16 0 Brian Bon: (Is) 0 0 3i0 0 4 Deep Lead (Is) ... 0 0 210 0 81 Golden Sands (Is) 0 2 0 0 2 8 King Solomon (Is) 0 1 9 0 2 0 Masrewlienua (Is) 0 0 21 0 0 22 Haliakipawa (6d) 0 0 OJ, 0 0 1 Maori Gully (Is) — 0 1 0 Alossy Creek (ex div., Is) — 0 1 5 Skippers (Is) 0 0 3! 0 0 3f Stafford Sluicing (Is) — 0 1 0 Waimumu Sluic. (Is) 0 V "J 61 Worksop Ext. (cm div., £1) 1 4 3 1 4 5 Mount Morgan (2s 6d) 0 15 6 0 15 61 Rainang Tin (10s) 0 8 9 —

Ditto, fonvd. 36 8 Is 36 11 3 Electrolytic ... 40 0 0‘ 40 5 0 VO 40 10 0 40 12 6 Wire Bars ... 40 10 0 40 12 6 Lead— Spot 15 3 9 15 3 9 i or ward 15 6 3 15 7 6 Spelter— ... Spot 14 2 6 14 0 0 Forward 14 7 6 14 5 0 Tin— Spot . 184 7 6 185 12 6 Forward 182 17 6 183 7 6 Silver — Standard. oz. 19 13-16d. 19 7-8d. Fine . 21 3-8d. 21 7-16d.