COMMERCIAL NEWS

Nelson Evening Mail, Volume LXX, 17 December 1936, Page 14

COMMERCIAL NEWS

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE WEDNESDAY, DECEMBER 16, 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. SYDNEY STOCK EXCHANGE SYDNEY, 16th December. Sales on the Sydney Stock Exchange include : Bonds : 4 p.c. (1938), £IOO 7s 6d • 4 p.c. (1944), £IOO 10s; 4 p.c. (1947), £IOO 17s 6d; 4 p.c. (1950), £lOl 5s- 4 p.c. (1953), £lOl 10's; 4 p.c. (1955), £99 17s 6d ; 4 p.c. (1957), £IOO 2s 6d; 4 p.c. (1959), £IOO 10s; 4 p.c. (1961), £IOO 15.1; Bank of New South Wales, £35 10s; Anthony Hordern. 19s 3d; British Tobacco, 48s; Broken Hill Proprietary, 82s 9d, and (new) 71s 3d : Dunlop-Per-driau Rubber, 17s 10),d; Electrolytic Zinc (New Zealand delivery), 49s 3d, 49s 6d; Henry Jones, 47s 3d ; Howard Smith, 225; Lustre, 23s 9d; Mark Foy, 30s 9d; R. Fowler, 13s Id. FROZEN (MEAT MARKET Messrs Levin and Co. Ltd., have received the following cable from their London agents, dated 11th December, 1936 Frozen meat quotations (prices on a “delivered” basis, i.e., including storage charges, cartage, market tolls, etc). — North Island down lambs, 28/361bs, none offering; 36/421bs, none offering; best North Island crossbred lambs, 28/ 361bs, none offering ; 36/421bs, none offering; North Island second quality lambs average 30/311bs, none offering; best North Island wether sheep under 481bs, s|d per lb; 48/561bs, per lb; 56/641bs, 5d per lb; 64-721bs, 4§d per lb; North Island ewes, under 481bs, 4§d per lb; 48/561bs, per lb; 56/641bs, 4d per lb; 64/721bs, 3£d per lb ; New Zealand prime ox beef, 160/2201b5, 3jd per lb. Compared with last week’s quotations wethers under 561bs 3d per lb higher; 56/721bs id per lb ; ewes id per lb higher. The market generally is steady. The mutton market is strong. LONDON SHEEPSKINS SALES The N.Z. Loan and Mercantile Agency Co. Ltd., have received the following advice from their London house, dated 11th instant:— At the sales here the catalogues embraced a representative selection, competition by United Kingdom, Continental and American buyers was active and prices as compared with preceding auctions ruled from 15 per cent, to 20 per cent, higher for crossbred and about 10 per cent, higher for Merino. Coarse grades of crossbred were in demand. The sales closed with a fairly firm tone. —56/58’s full-woolled sound pelts 15d, Lhree-quarter-woolled sound pelts 13£d, half-woolled sound pelts llgd; 48/50’s full-woolled sound pelts 13J,d, three-quarter-woolled sound pelts 12ad, halfwoolled sound pelts 12d; 44/46’s fullwoolled sound pelts, 13d, three-quarter-woolled sound pelts half-woolled sound pelts 12d; 40’s full-woolled sound 'pelts 12),d,‘ three-quarter-woolled sound pelts 12d, half-woolled sound pelts lljd ; short and shorn 9|d to 10)>d.

Buyers. Sellers. £ s. d. £ s. d. N.Z. GOVT. LOANS— 3i% Inscr. Stock, 15/3/1939-43 ... 34% Inscr. Stock, — 162 0 0 15/5/1939-52 ... 4% Inscr. Stock, — 102 0 0 15/2/1943-46 ... 4% Inscr. Stock, 102 0 0 — 15/4/1946-49 ... 4% Inscr. Stock, 101 7 6 — 15/6/1952-55 ...t 101 2 6 4% Bonds, 15/2/ 1943-46 4% Bonds, 15/4/ 102 0 0 1946-49 4% Bonds, 15/6/ 101 7 6 — 1952-55 t 101 2 6 — LOCAL BODIES DEBENTURESMakerua, Dee.. 44 p. c., 1/8/64 ... Makerua, Dge., 44 — 101 0 0 p.c., 1/8/55 BANKS— — 101 0 0 Australasia Comm, of Aust. — 12 14 0 (pref.) 9 3 0 — 0 E.S. and A Nat. of A’asia 5 17 0 6 1 (£10) 15 12 6 New Zealand 2 0 6 Union of Aust. ... — 10 7 0 FINANCIAL— Abraham k Williams 5 0 0 Daigety and Co. ... Goldsbrough, Mort, — 10 16 0 & C'o. ..: t N.Z. Guarantee — 1 15 3 0 5 3 0 5 5 N.Z. Invest., Mort. & Dep 0 8 4 . Wgtn. Trust Loan 5 12 6 — GAS— i 3 6 0 10 0 Wellington (ord.) — 1 17 3 INSURANCE— National of N.Z. 0 18 0 0 18 5 New Zealand 2 18 3 — Queensland — 3 2 6 Standard — 3 0 0 MEAT PRESERVING— Gear Meat * 0 16 6 0 17 4 N.Z. Refrig. (£1) — 1 1 6 N.Z.n Refrig. (10s; — 0 9 8 Wgtn. Meat Export (pl’ef.) TRANSPORT— — 1 2 6 Huddart, Parker 1 16 11 Huddart, Parker 1 7 0 Ketburnc Tram 1 2 0 WOOLLEN— Bond's Hosiery 1 0 0 Mills 1 18 6 1 2 0 Wellington (ord.) — 6 1 0 Wellington (pref.) 5 17 0 — TIMBER— Kauri t 1 5 6 Rotoiti . 0 4 0 0 6 0 Tariugamutu Taupo Totnra (ord.) Taupo Totara, 16s 0 11 6 0 To 0 0 15 9 BREWERIES— Dominion * 2 0 6 N.Z. Breweries ... 2 13 0 2 13 3 Tooth and C'o. 2 14 0 — MISCELLANEOUS— Anthony Hordern Aust. Glass 0 18 5 0 18 11 4 11 0 British Tobacco (Aust.) * British Tobacco (6/ 2 5 9 2 6 6 p.c. pref.) 1 9 0 — 0 Broken Hill Pty. 4 1 9 4 2 Burns, Philp, & Co. 3 13 9 3 14 3 Claude Neon Lights (N.Z.) 1 16 9 Claude Neon (Sydnev) 2 6 6 Colonial Sugar ... Consol. Brick & — 43 2 6 Pipe D.I.C. (ord.) —: 0 11 0 0 16 0 — D.I.C. (pref.) 1 4 3 — Dunlop - Perdriau 0 17 5 0 17 9 Electro. Zinc (ord.) 2 7 3 — Electro. Zinc (8 p.c. part pref.) Farmers’ Trading 2 9 9 2 10 9 1 0 6 1 1 6 General Industries — 0 19 5 G. J. Coles * 4 9 6 4 9 9 Hume Pipe — 1 1 0 MacDui'fs (pref.) . 1 1 0 National 'Electric — 0 15 9 N.Z. Drug Sluirland & Co. 3 15 0 — ■ • 0 19 0 Slmrland & Co. 0 19 0 Shillings, Ltd. ... 1 0 6 1 ~ 1 0 Taranaki Oil — - 0 1 11 Wilson’s (N.Z.) 1 17 3 Wilson’s (N.Z.) Cement (rigbts)t Woolworths (N.Z.) 5 9 0 — (pref.) t MJ N ING— 1 16 0 1 18 0 Big River — 0 2 1 Consol. Goldfields* — 0 16 6 Martha 0 19 9 — Nokomai 0 2 5 — 0 0 3 0 0 4 A USTRALIAN— Broken Hill South 2 1 3 2 2 6 Bulolo 8 2 6 Mount Lyell ...* 1 11 7 1 17 9 Mount Morgan ... 0 15 4 — North Broken Hill 3 7 6 UNOFFICIAL LIST Buyers. Sellers. £ s. d. £ s. d Woolworths, Ltd. Assoc. Motorists Pet 7 15 0 7 17 6 rol (pref.) C. & A. Odlin — 1 14 6 (ord.) C. & A. Odlin — 1 1 0 (pref.) , — 1 1 0 Metters (N.Z.), Ltd. 0 12 3 0 14 0 Wgtn. Publishing, 10s

paid (ord.) — F.A..M.E. Insurance 0 11 0 (pref.) — N.Z. Underwriting & Dev. Corp. (5s 1 2 0 paid) discount ... — Dominion Farmers’ 0 0 6 Institute *Cum div fEx div. 4 12 6