COMMERCIAL NEWS

Nelson Evening Mail, Volume LXX, 19 September 1936, Page 16

COMMERCIAL NEWS

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE FRIDAY, 18th”sEPTEMBER, 1936. Morning Call Buyers Sellers

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 ORGANISERS Fell and Harley’s Buildings, Telephone 939. Hardy Street. Associate Companies in Christchurch, Dunedin, Timaru and Invercargill. AUSTRALIAN SHARE MARKETS SYDNEY, 17Lh September. Investment prices showed a hardening tendency on the Stock Exchange today, the exception being tj' e banking group, values of which shaded. The turnover was heavy. Sales: Bank of New South Wales, £33 ,2s 6d; Commercial Banking Co. of Sydney, £l9 9s; Commercial Bank of Australia, 18s 6d; Bank of New Zealand, 395; United Insurance, £ll 13s; South British Insurance, 90s. Burns, Philp, 72s 9d; British Tobacco, New Zealand delivery, 43s 6d Tooheys, 33sl£d; G. J. Coles, 82s 3d; Drug Houses, 325; Australian Glass, 05s 9d; Henry Jones, 435; Fairy mead Sugar, 365. I David Jones, 45s 9d; J. Fielding, 80s;

-Meggitts, 26s 96; Mauri Brothers, 68s 6d • Mark Fov, 33s ltd ; Gordon and Gotch, pref., 32s 7d; Victoria Nyanza, 13s.

Woolwortlis, buyer at £5 7s, seller at £5 9s.

Mt. Morgan, 12s 6d; Mt. Lyell, 29s 10gd; Broken Hill Proprietary, 77s 3d; new, 57s 6d; South Brokens, £6 7s 6d; North Brokens, £10; Mandated Alluvials, 26s 6d. Morning sales included: Commonwealth bonds, 4 per cent., 1941, £lO2 13s 9d; 1955, £lOl 3s 9d; Bank of New Zealand, 39s ; Tooths, 56s 9d ; Tooheys, 33s 3d; British Tobacco, 43s 6d; Dun-lop-PerdriaU, pref., 355; Electrolytic Zinc, 43s 9d; Electrolytic Zinc, pref., <:ss; G. J. Coles, 82s 3d ; Meggitts, 26s ?d • Peters, 425; R. Fowler, pref., 24s 6d.

MELBOURNE, 17th September. Industrials were strong, particularly Electrolytic Zinc aud Drug House. Mining were quiet. Sales: National Bank, £5 paid, £7 4s; £lO paid, £l4 9s ; Howard Smith, 19s 4d; British Tobacco, 43s 7J,d : Carlton Brewery, 60s; G. J. Coles, 82s 6d; Australian Glass, 95s 9d; Electrolytic Zinc, 43s 9d; pref., 44s lOird. j Mt. Lyell, 29s 9d; Broken Hill ProI prietary, 77s ; North Brokens, £9 19s ; ’ Zinc Corporation, 80s 9d ; Emperor, 15s 'LI; Loloma, 24s 3d; General Motors, j 245; Gordon and Gotch, 51s; Irowat, 2s; ’ Herald and Weekly Times, 68s; . Myers, 35s 6d. AUSTRALIAN PRODUCE MARKETS (United Presß Association—By Eloe 4 *-' Telegraph—Copy right) SYDNEY, 17th September. Wheat at country sidings is quoted l at 4s a bushel, which is equal to 4s lOd ex trucks Sydney. Flour, £l2 a ton ; bran, £6; pollard, £6 ss ; potatoes, Tasmanian, £9 10s a ton; other, £6; onions, brown, £lB a 1 ton; maize, 4s 6d a bushel. ADELAIDE, 17th September. Wheat, growers’ lots, 4s 8d a bushel; flour, baker’s lots, £l2 5s a ton ; bran and pollard, £6 ss; oats, Algerian, 2s 4d a bushel; barley, 2s sd. WHEAT AND PRODUCE Wheat cargoes are firm and dearer. Parcels are higher. Futures.—London, October 35s 53,d a quarter, January 35s Hid; Liverpool, October 7s B£d‘ a cental, December 7s B£d, March 7s 4 l-Bd. The spot trade is quietly firm. Australian. ex ship, 40s 9d. Flour is firm. Australian, ex store, 28s to 28s 6d. Chicago wheat,-futures ; September,114 1-8 cents a bushel; December, 113 5-8 cents; May, 1121. cents.

£ a. d. £ s. d N.Z. GOVT. LOANS4% Inscr. Stock, } 15/1/1937-40 ... 4% Inscr. Stock, — 102 0 0 15/2/1943-46 ... 103 12 6 — 4% Inscr. Stock, 15/4/1946-49 ... 4% Inscr. Stock, — 106 0 0 15/6/1952-55 ... 105 12 6 — 4% Bonds, 15/4/ '1946-49 106 0 0 4% Bonds, 15/6/ 1952-55 106 0 0 BANKS— Australasia * Loinm. of Aust. 11 19 0 12 5 0 0 18 5 Coinrii. Banking Co., I Sydney 19 0 C — New South Wales... — 32 15 0 New Zealand New Zealand D — 1 19 6 Long Term 1 9 6 Union of Aust. ... FINANCIAL— Abraham and Wil9 9 0 9 10 6 liams’(pref.) — 4 10 0 Equit. Bldg. Co. ... Goldsbrougn, Mort, 0 10 3 — and Co 1 14 3 1 14 4 N.Z, Guar. Corp, N.Z. Invest. Mort. 0 5 6 0 5 8 and Dep. N.Z. Iron k Merc. 0 9 3 (ord. stock) N.Z. and .River 32 0 0 40 0 0 . Plate 0 13 0 — Wgtn. Invest. T. and A. — 0 9 6 GAS— Christchurch 1 8 3 Wellington (ord.)... INSURANCE— — 1 18 6 National of N.Z. ... 0 18 2 — New Zealand — 3 3 0 MEAT PRESERVING— Gear Meat — 0 18 9 N.Z. Refrig. (£1) — 0 19 9 N.Z. Refrig. (10s) 0 9 3 13 0 — 0 3 15 0 TRANSPORT— Huddart - Parker (ord.) t Huddart - Parker — 1 16 3 (pref.) ..+ 1 6 3 — Union Steam (pref.) 1 6 4 — WOOLLEN— Bond’s Hosiery ... 0 19 0 1 1 0 12 0 Prestige, N.Z. (pf.) 1 3 9 Wellington (ord.) — 6 7 0 Wellington (pf.)... COAL— Westport-Stockton 6 7 0 3 0 (pref.) — 0 0 14 0 TIMBER— Leyland-O’Brien ... 1 1 6 13 0 National 0 13 9 0 14 6 ! Taringamutu 0 11 6 — Taupo Totara (ord.) BREWERIES— 1 11 0 10 6 N.Z. Breweries ... 2 13 0 'Tooth and Co — 2 16 4 2 9 9 — MISCELLANEOUSO 19 Anthony Hordern — 0 Aust, <3lass British ■" Tobacco 4 15 0 (Aust;)' 2 2 9 2 2 11 Broken Hill Pty. ... Broken Hill Pty. 3 16 0 3 16 3 2 17 6 0 (coritrib.) 2 16 Burns, Philp, and Colonial Sugar 3 12 6 — 43 5 0 Consol. Brick and Pipe 0 9 4' — Dominion Fertiliser — 1 4 9 Dunlop - Perdriau* Electro. Zinc (ord.) 0 18 0 0 18 2 2 2 6 2 3 6 Electro. Zinc (8% * part pref.)2 4 0 2 4 9 General Industries G. J. Coles (cum . 0 19 6 0 ' rights div.) 4 0 9 4 ; 2 Hume Pipe * 0 19 6 10 0 N.Z. Drug * 3 15 0 — N.Z. Paper Mills... 1 6 3 — Taranaki Oil 1 0 1 b Victoria Laundry... 0 19 4 — Wgtn. Cordage .... MINING— — 0 10 6 0 1 11 Big River — 0 1 Hi Gillespie’s Beacht — 0 1 8 King Solomon — 0 1 6 Maori Gullv 0 0 7 — 0 1 6 Paddy’s Point — 0 3 3 AUSTRALIAN— Mount Lyell 1 9 2 19 9 Mount Morgan ... 0 12 4 — UNOFFICIAL LIST Buvers. Sellers. f . - £ s. d. £ s. d ‘Woolworths, Ltd. Woolworths (W.A.), 5 7 6 5 9 5 17 6 0 Ltd. — Dominion Life, 10s 10s shares, 6s pd N.Z. Farmers’ Dist. ' 11s 6d pd Shillings, Ltd. (15s. — 0 7 0 0 11 b paid) Sale to-day:— 0 14 3 — £ s. d. No. of shares. 40 Woolworths, Ltd. . ..580 Sales made after going to press yesterday ■ — .583 40 Woolworths, Ltd *Cum Div. tEx Div.