COMMERCIAL NEWS

Nelson Evening Mail, Volume LXX, 5 October 1936, Page 10

COMMERCIAL NEWS

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE SATURDAY, 3rd OCTOBER, 1936 Morning Call Buyers. Sellers. £ s. d. £ s. d.

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 Harlby’s Buildings, Telephone 939. Hardy Street. Associate Companies in Christchurch, Dunedin, Timaru end Invercargill.

LONDON BUTTER MARKET The market for New Zealand butter in London closed quiet after an active demand earlier in the week, according to information supplied by the Primary Products Marketing Department. Wholesale quotations were 5s to 4s a cwt above those for last week. The cheese market was quiet at an advance of about 3s a cwt.

Wholesale prices for butter are:— New Zealand, salted, 103 s to 104 s a cwt (which equals approximately 12.20 d a lb, f.0.b., compared with 98s to 100 s last week, and 117 s to 118 s at the corresponding period last year; unsalted, 100 s to 102 s; Australian, 104 s to 105 s; Danish, spot, 1255. Retail prices are unchanged, with New Zealand butter selling at Is 2d a lb and Danish at Is 3d.

It is reported that 17,000 casks of Continental butter were bpught for New York during the week, on the basis of Dutch butter at 80s a cwt f.o.b. The Imperial Economic Committee’s estimated stocks of all butters amount to .1,011,455 boxes, compared with 831.116 boxes at the corresponding period last year, Wholesale quotations for cheese are: New Zealand, white, 70s and up to 71s a cwt (which equals 7.92 d a lb, f.0.b.), compared with 67s to 67s 6d last week and 59s to 59s 6d a year ago; coloured, G7s 6d: Canadian, 69s •to 70s; finest English farmers, 75s to 795; English factory cheese, 64s to 655.

N.Z. Govt. Loans— 31% In. Stk. 15/ 3/1939-43 101 15 0 — 31% In. Stk. 15/ 9/1939-43 101 15 0 — 31% In. Stk. 15/ 11/1938-52 103 10 0 — 3J% In. Stk. 15/ 5/1939-52 103 10 0 — 4% In. Stk. 15/2/ 1943-46 103 15 0 — 4%- In. Stk. 15/4/ 1946-49 105 10 0 — 4% In. Stk. 15/6/ 1952-55 105 10 0 — 4% Bonds, 15/2/ 1943-46 103 15 0 — 4% Bonds, 15/4/ 1946-49 105 10 0 — 4% Bonds, 15/6/ 1952-55 105 10 0 — 5% Rural Bonds, 15/9/1947 103 0 0 — Local Bodies Debentures— Waitomo E.P. 4\% > 1/8/43 — 102 0 0 Raetihi Bor. Cncl. 4\% 1/10/59 ... — 101 0 0 Manawatu-Or'oua River Bd. 4\% 1/12/60 — 103 0 0 Banks— Australasia! 11 15 0 — Comm, of Aust. (ord.) 0 18 4 0 18 6 Comm. Bnkg. Co. Sydney 19 5 0 19 17 6 National of N.Z. — 3 0 6 Nat. A’asia (£10) 14 0 0 — Nat. A’asia (£5) 7 0 0 7 3 6 New Zealand 1 18 5 1 19 0 N.Z. D. Long Term — 1 9 0 Union of Aust. ... — 9 10 0 Financial— Equit. Bldg. Co. 0 10 3 — Goldsbrough, Mort. ; and Co 1 13 4 1 14 3 N.Z. Guarantee Corp.* — 0 5 7i N.Z. and River Plate 0 14 0 — Wgtn. Invest. T. and A — 0 9 6 Wright, Stephenson (ord.) — 0 19 6 Gas— Christchurch 1 6 6 1 8 6 Wellington (ord.) 1 17 6 1 18 9 Insurance— National of N.Z. . — 0 19 0 New Zealand ...... 3 0 0 3 1 0 South British 4 9 0 4 12 0 Meat Preserving— Gear Meat ;. — 0 18 3 N.Z. Rfg. (£1) ... — 0 19. 1 N.Z. Rfg. (10s) .. 0 9 1 — W.M.E. (pref.) ... — 1 3 6 Transport— Huddart Parker (ord.) 1 14 6 — Huddart Parker

(pref.) 1 6 3 — Union Steamship (pref.) 1 6 3 — P. & 0. Dfd. Stk. 1 11 0 — Silverton Tram ... — 1 18 0 Woollen — Bond’s Hosiery Mills — 0 19 6 Manawatu — .1 18 0 Wellington (ord.) — 6 6 0 Wellington (pref.) — 6 6 0 Coal— Pukemiro 1 5 3 Timer — Kauri 1 4 3 1 5 0 Leyland O’Brien — 1 2 6 National 0 13 6 0 14 6 Rotoiti 0 5 9 0 6 0 Taringamutu 0 11 6 — Taupo Totara 1 (ord.) — 0 10 1 Taupo Totara 1 (pref.) 0 18 9 i Taupo Totara, 1 lGs (pref.) — 0 15 6 Breweries— Carlton 3 3 0 • 1 N.Z. Breweries ... — 2 12 6 Staples and Co. . — 1 14 9 Tooth and Co. ... — 2 16 0 Tui 2 11 0 — Miscellaneous— Anthony Hordern 0 18 3 — Aust. Glass- •• -4 12 0 4 12 9

British Tobacco (Aust.) 2 2 6 2 3 6 Broken Hill Pty. . 3 16 6 3 17 3 Broken Hill Pty. (contrib.) 2 17 6 Consol. Brick and Pipe 0 9 8 Denhard (ord.) .. 0 4 6 — Dental & Medical Supply 0 10 9 — Domn. Fertiliser — 1 4 9 Dunlop-Perdriau . * 0 17 3 Electrolytic Zinc (ord.) 2 3 0 2 3 6 Electrolytic Zinc (8% part pref.) 2 5 0 2 6 3 G. J. Coles (ex rights) * 3 16 9 Howard Smith (ord.) 0 19 0 Hume Pipe — 0 19 0 N.Z. Newspapers 1 19 0 2 0 3 Taranaki Oil 0 1 6 0 1 7 Woolworths (N.Z.) (ord.) 5 2 6 5 4 0 Broken Hill Rts. — 0 2 8 Mining— Blackwater 1 14 0 Brian Boru 0 0 2i 0 0 3* King Solomon ... — 0 1 3 Maori Gully — 0 0 7£ Mossy Creek 0 1 3 — Nemona 0 1 6 . 0 1 8£ Skippers 0 0 3* 0 0 4J Australian— Mount Lyell 1 9 6 1 9 10 Mount Morgan ... 0 13 8 0 13 10 UNOFFICIAL. LIST Buyers. Sellers. £ s. d. £ s. d. Woolworths, Ltd.' 5 7 6 5 8 6 Associat. Motorists Petrol (pref.) . 1 5 0 C. and A. Odlin (ord.) 0 17 6 R. G. Kain (10s paid) 0 10 6 0 11 0 Self ridges (old issue) 1 7 5 ' Selfridges (new issue) .: 1 7 5 — Shillings. Ltd. (17s 6d paid) . 0 17 6 0 18 0 Dixons, Ltd — 1 10 0 No. of Shares. £ s. d. 50 Woolworths, Ltd. ... 5 8 6 •Cum. div. tEx. div.