COMMERCIAL NEWS I

Nelson Evening Mail, Volume LXX, 8 October 1936, Page 12

COMMERCIAL NEWS I

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE WEDNESDAY, 7th OCTOBER, 1936. Morning Call

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. AUSTRALIAN STOCK EXCHANGES (United Press Association—By Electric Telegraph—Copyright) SYDNEY, 6th October. A feature of the business on the Sydney Stock Exchange to-day was strong buying pressure for Zinc Corporation shares, which touched 91s. These shares have advanced nearly 10s in a few days. The investment market was firmer. Sales: Bank of New South Wales, £33 12s 6d; Commercial Banking Co. of Sydney, £l9 17s; Commercial Bank of Australia, 18s 6d; Colonial Sugar, £43 10s; Automatic Totes, . 20s ?-J,d; Burns, Pliilp, 725; British Tobacco, 445; Tooth’s Brewery, 565; Tooheys, 31s 9d ; Australian Glass, 94s 9d; Winchcoinbe, Carson, 34s 3d; Morris Hedstrom, 26s 6cl; Electrolytic Zinc, pref., 46s 9d ; David Jones, 49s 6d; Anthony Hordern, LBs 6d; W. R. Carpenter, 425; Mort’s Dock, 11s 9d; Sargents, 295; Woolvyorths, Ltd. (buyer), £5 7s 6d, (seller) £5 10s ; Woolworths (New Zealand), buyer £5 ss, seller £5 7s ; Mount Morgan, 14s 6d; Mount Lyell, 30s; Broken Hill South, £6; North Broken Hill, £9 Jss ; Zinc Corporation, 91s; Bulolo Deposits, 2s 3d; Loloma, 23s 6d; Mandated Alluvials, 12s 9d ; Lady Shenton, Is ll^d. SYDNEY, 7th October. Sales on the Sydney Stock Exchange include:— Bonds. 4 per cent. (1938), £lO2 ss; 4 per cent. (1950), £lOl 12s 6d; 4 per cent. (1953), £lOl 15s; Bank of Australasia, £l2; Australian Gas, A (new), £7 ss; Toohey’s Brewery, 31s 9d; Tooth’s Brewery, 565; British Tobacco, 445; Broken Hill Proprietary (new), 58s; Burns, l’liilp, 71s 9d; Dunlopi’erdrian Rubber, 17s lgd, and (pref.) 33s 6d; Electrolytic Zinc, 44s 3d; Millaquin Sugar, 42s 9d. MELBOURNE. 6th* October. On the Melbourne Stock Exchange to-day the bond market was easier. Industrials were firm. Zinc Corporation made a record price. Gold mining were about steady. Sales: Commercial Bank of Australia, 18s 8d; National Bank of Australasia, £5 paid, £7 ss; British Tobacco, 445: G. J. Coles, 78s 6d • Electrolytic Zinc 44s■ fid; Electrolytic Zinc, pref., 46s fid; ‘Mount Morgan, 14s fid; 'Mount Lyell, 29s iOkl; Broken Hill Proprietary, 78s 3d; Broken Hill South, £6 I 2s 6d; North Broken Hill, £9 13s; Zinc Corporation, 91s; Loloma, 23s 6d; Emperor, 15s 3d; Myers Emporium, 35s ] 6d ; United Provisions, 11s 3d; Sulphide Corporation, 16s fid; Upper Watut, 2s Id; Irowat, Is 2jd. ANTWERP WOOL FUTURES ANTWERP, 6th October. Wool futures are steady. Quotations: November, 27£d; January, 27£d; April, 27§d. . * SHEEPSKINS DEARER DUNEDIN, 6th October. At to-day’s sheepskin sales, competition was keen for all grades and prices may be quoted at from on par to id dearer than at the last fixture. , Following is the range of prices: Halfjbred, full-woolled, 13d to 13ifd; halfwoolled, 9d to 9Jd; quarter-woolled, , 7£d to B£d. Fine crossbred, fullwoolled, lid to llid; half-woolled, Bid to 9d; quarter-woolled, 7sd. Cross- ! bred, full-woolled, 9|d to 10id; halfwoolled, B|d to 9d; quarter-woolled, ,7id to 7IJd. Merino, IOJd to lljd. Half bred hogget, to lid. Fine i crossbred hogget, 9Jd to 10J-d. Crossbred hogget, 9d to 9,(d. First pelts, sid to 6,1 d. Second pelts, 3id to 4d. (Halfbred, dead and damaged, 10id to llld. Fine crossbred, dead and damaged, 9d to 9Jd. Crossbred, dead and damaged, Bid to BJd. PRICES OF METALS LONDON, sth October. The official London (middle) quotations for Monday, as reported by the Australian Mines and Metals As- ' sociation, compare with those pre-

Buyers. Sellers. £ s. d. £ s. d. N.Z. GOVT. LOANS— 31% lnscr. Stock. 15/3/1939-43 ... 3i% lnscr. Stock, 101 15 0 15/9/1939-43 ... 3A% lnscr. Stock, 101 15 0 15/11/1938-52 ... 31% lnscr. Stock, 15/5/1939-52 ... 103 10 0 103 10 0 4% lnscr. Stock, 15/1/1937-40 ... 4% lnscr. Stock, — 102 0 0 15/2/1943-46 ... 104 0 0 4% lnscr. Stock, 15/4/1946-49 ... 4% lnscr Stock, 105 15 0 - 15/6/1952-55 ... 4% Bonds. 15/4/ 105 12 6 — 1946-49 4% Bonds, *5/6/ 105 15 0 1952-55 105 12 6 — OTHER DEBENTURES Eastbourne Boro. Cl., 3*%, 1/6/56 100 10 0 Raetilii Boro. Cl., 4|%, 1/10/59 ... Manawatu-Oroua — 101 5 0 River Bd., 4£%, 1/12/50 103 5 0 OTHER DEBENTURESMortgage Corpn. ... Amalg. Brick, — 101 0 0 Wellington 100 5 0 Wright, Stephenson, 5% Prior Lien... BANKS— — 103 0 0 Australasia Comm, of Aust. 11 15 0 12 2 6 • (ord.) '0 18 4 0 18 6 Nat. of N.Z 2 18 6 3 0 0 Nat. of A’asia (£5) 7 1 0 New Zealand New Zealand, D 1 18 9 — Long Term 1 8 11 Union of Aust. ... 9 11 0 FINANCIAL— Abraham and Williams (ord.) — 3 10 0 Abraham and Williams (prof.) — 4 10 0 Goidsbrough, Mort, and Co 1 13 6 1 13 10 N.Z. Guar. Corp. * N.Z. Invest. Mort. — 0 5 8 and Dep N.Z. Loan and — 0 9 0

Merc. (ore!. Stk.) N.Z. and River 32 0 0 — Plate GAS— 0 14 0 — Auckland INSURANCE— 1 2 8 — National of N.Z ... 0 18 8 0 19 0 New Zealand 3 0 0 3 1 3 South British * MEAT PRESERVING— 4 11 3 Gear Meat 0 18 6 N.Z. Refrig. (£1) 0 19 3 N.Z. Refrig. (10s) TRANSPORT— 'fluddart - Parker 0 9 1 (pref.l 1 7 3 Union Steam (pf.) P. and 0. Defd. 1 6 3 — Stk 1 12 9 Silverton Tram .... WOOLLEN- — 1 18 0 Kaiapoi 0 14 6 Kaiapoi (pref.) ... 0 18 6 Manawatu — 1 18 0 Wellington (ord.) 6 6 0 Wellington (pref.l — 6 6 0 Yarra Falls COAL— 1 19 8 — Renown TIMBER— — 0 13 0 Bartholomew 0 17 6 Kauri 1 4 3 1 5 0 National 0 13 6 0 14 0 Rotoiti 0 6 10 Taringamutu 0 11 6 Taupo Totara (ord.) Taupo Totara, 16s 0 9 8 0 10 0 (pref.) BREWERIES— — 0 15 8 Dominion 1 11 6 N.Z. Breweries ... 2 11 9 Staples and Co. ... — 1 15 0 Tooth and Co. ... 2 16 0 Tui 2 11 MISCELLANEOUS— 0 Aust. Glass British Tobacco — 4 14 3 (Aust.) British Tobacco 2 3 0 2 4 0 (6£% pref.) 1 8 3 Broken Hill Ptv. Broken Hill PtV. 3 17 0 3 17 9 (contrib.) Consol. Brick and — 2 17 6 Pipe Dental and Medical 0 9 6 — Supply 0 10 9 Dominion Fertiliser — 1 4 9 Dunlop - Perdriau 0 17 3 Electro. Zinc (ord.) Electro. Zinc (8% — 2 4 3 part pref.) Farmers’ Trading G. .T. Coles (ex — 2 6 6 0 18 9 — rights) * — 3 17 9 Howard Smith (ord.) — 0 18 9 Hume Pipe 0 18 9 0 19 0 N.Z. Drug 3 14 0 N.Z. Newspapers 1 19 3 2 0 6 Taranaki Oil Wilson’s (N.Z.) Ce0 1 6 — ment) Woolworths, Ltd. — 1 17 0 (2nd pref.) 1 5 3 1 6 0 Broken Hill Rights — 0 2 4 G. .). Coles 1 13 0 1 17 0 Victoria. Laundrv 0 19 0 — Myers Emporium... Cash Orders Amalg. — 1 15 6 (pref.) MINING— 1 10 0 — Big River 0 1 9 0 2 0 Blackwater — 1 14 0 Mossy Creek 0 1 3 Nemona 0 1 5 0 1 8 Skippers AUSTRALIAN0 0 3 ■— Mount “'Lyell 1 9 7 1 9 10 Mount Morgan ... 0 14 3 0 14 9

UNOFFICIAL LIST Buyers. Sellers. £ s. d. £ s. d. Woolworths, Ltd. 5 7 6 5 11 9 Associated Motorists Petrol (pref.) ... 1 5 0 — R. G. Kain (10s paid) (pref.) 0 11 0 Selfridges (old issue) 1 8 3 — Selfridges (new issue) 1 8 0 — Shillings Ltd. (17s 6d paid) 0 17 8 0 17 10 White’s Electric (Is paid) 0 0 9 — *Cum. div. tEx. div

viously cabled as follows: — Oct. 1 Per ton. Copper— £ s. d. Oct. 5. Per ton. £ s. d. Standard, spot 39 14 44 39 15 74 Ditto, forward 39 15 74 39 16 104 Electrolytic 43 15 0 44 0 0 to 44 5 0 44 10 0 Wire bars ... 44 5 0 44 10 0 Lead— Spot 18 3 9 18 6 3 Forward 18 2 6 18 5 0 Spelter— Spot 13 17 6 13 18 9 Forward 14 3 9 14 5 0 Tin— Spot 202 7 6 202 17 6 Forward 199 2 0 199 17 6 Silver — Standard, per oz 19 15-16d 201-lGd Fine 21-id 21 5-8d