STOCK AND SHARE MARKET

Nelson Evening Mail, Volume LXXI, 11 September 1937, Page 16

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE FRIDAY, SEPTEMBER 10, 1937.

D. R. Edwards <F. and D. Edwards Ltd), Sharebroker, Country Membei of Wellington Stock Exchange. Trafalgar street. Telephone 208. F. G. Twiss, Sharebroker, Country Member of Wellington Stock Exchange 1003 Trafalgar street. Telephone 427. Vercoe, Gilbert and Boyes (N. A Vercoe, Country Member Wellington Stock Exchange) Sharebrokers, Trafalgar street. Nelson. Telephone 401. P.O Box 74. Telegraphic address "Verboy.' AUSTRALIAN SHARE PRICES [United Press Association—By Electric Telegraph—Copyright i SYDNEY. 9th September. The share market was steadier to day, but lacking animation, due to the unsettled overseas conditions, the approach of the local elections, and the uncertainty of the wool outlook Sales.—Bank of New South Wales. £32 10s: Colonial Sugar. £47 7s 7d: Burns, Pliilp. South Sea 31s; Tooth’s Brewery, s(is; G. ,1. Coles 975; DunlopPerdriaul prof., 33s 9d. Greater .1. D. Williams. 6s 3d; Manly Gas, 23s 9d; Stednran Sweets, 17s ltd; W. R. Carpenter. 48s; ,1 Fieldings, 87s 6d; United Provisions. 9s sd; Gordon and Gotch. 54s 3d; Anthony Hordern 19s 3d: Farmers. 33s 10td Electrolytic Zinc, 59s 6d; Electrolytic Zinc (pref.L 60s 3d; Mount Morgan. 10s lid; Mount Lycll, 42s 6d: Placer Development. 78s SYDNEY. 10th September. Sales on the Sydney Stock Exchange include:—Bonds, 3 p.c (1948), £94:

4 p.c. (1.938), A 10! 17s (id: 4 p.c. (1944), ,bll)3 7.s (id: 4 p.c. (1947), £lO3 10s lid; 4 p.c. (1955), .LlO.'i ss; Bank of New South Wales, .L,'l2 12s (id; Tooth’s Brewery. DCs; Australian Gas (A), £7 4s; Associated Newspapers (prof.), 235; British Tobacco, 50s; Broken Hill Proprietary. 70s; Dunlop-Perdriau Rubber, MELBOURNE, 9th September. An easier tone was again reflected to-day on the investment market. Sales.—Commercial Bank of Australia, 17s Rd; National Bank of Australasia, ,G 5 paid. .L 72s (id, Howard Smith, 21s; Carlton Brewery, (ilis fid; G. J. Coles, 07s; Australian Glass, 93s (id; Dunlop-Perdriau, 23s Id; DunlopPerdriau (prof.), 38s 9d. Felt and Textiles, 39s Gd: Cox Bros.. 235; Mount Morgan, 10s lid; Mount Lycll. 42s 7Ad; Broken Hill Proprietary, 78s; North Broken Hill, 73s (id; Ernpcror. 13s 9d; Loloma, 23s 3d; Electrolytic Zinc, 59s 3d; Electrolytic Zinc (prof.), GOs 9d PRICES OF METALS [Unileil Press Association—liy Electric Telegraph Copyright 1 LONDON, 9th September. ' The official London (middle) quotations, as reported by the Australian Mines and Metals Association, compare with those previously cabled as follows: Sept. 8. Sept. 9. Pei - ton. Per ton.

WHEAT AND PRODUCE LONDON. 9th September. Wheat cargoes are dearer. Parcels are firmer. Futures: London, October 4Gs 3d a quarter, November 45s lOd; Liverpool, October 8s 9.',d a cental, December 8s 9Jd, March 8s 5Jd. The spot trade is slow. Australian (ex ship), 44s 9d to 46s 3d. Flour is firm. Australian (ex store), 32s 3d to 32s 6cl. Chicago wheat futures: September, 107. 5-8 cents a bushel; December, 109 5-8 cents; May, 111 7-8 cents.

PRICE OF SILVER RUGBY, Bth September. Price of silver; Spot, 19 15-16 d per oz; forward, 19 15-lGd per oz. BUTTER MARKET STEADY LONDON, 9th September. The butter market is steady. Danish, 132 s a cwt; choicest salted Australian and New Zealand, 116 s; unsalted, New Zealand 118 s, Australian 117 s. The cheese market is easier. New Zealand, white 68s to 68s 6d a cwt. coloured 69s to 69s 6d (no Australian offering).

Buyers. Sellc S. £ s. d. £ s. d. 31% 1 user. Slock, ‘j 5/7/1939-41 98 0 0 31% Riser. Stock, 15/3/193943 102 15 0 31% lnscr. Slock, 15/9/1939-43 102 15 0 31% lnscr. Slock, ‘15/3,1941-43 102 17 6 31','.i lnscr. Slock, "15/9/1911-43 102 17 6 31% lnscr. Stock, "15/11/1938-52 ... 103 15 0 31% lnscr. Slock, "15/5/1939-52 103 15 0 4% lnscr. Slock, 15/2/143-46 102 17 6 _ 4% lnscr. Stock, '15/4/1946-49 — 105 5 0 4% lnscr. Slock, '15/6/1952-55 104 15 0 4% S»mids, 15/4/ 1946-49 — 105 5 0 4% Bonds, 15/6/ '1952-55 104 15 0 5% Rural Bonds, 15/9/1947 105 15 0 — OTUlilt DEBENTURES— Aiiuilg. Brick (Wn.) — 98 0 0 BANKS— Australasia * — 11 14 0 Com. of Aust. (ord.) 0 17 5 0 17 8 National of N.Z. ... 2 17 6 — New Zealand 2 4 9 2 5 3 New Zealand D Bong Term 1 0 0 FINANCIAL — Abraham and Williams 2 18 0 Equit. Bldg. Co. ... — 0 11 0 National Mortgage "A" — 2 8 0 N.Z. Guarantee Corp. — 0 5 1 N.Z. Loan and Mere. (ord. stock) — 37 0 0 N.Z. & River Plate — 1 0 0 Wairarapa Farmers (prof.) 0 3 7 — Newton (pref.) 0 9 3 Auckland 117 — Auckland (contrib.) —- 0 15 Wellington (ord.) ... 1 15 6 — Feilding 0 2 1 — INSURANCE— New Zealand — 3 4 6 MEAT PRESERVING— Canterbury 10 0 0 — 8 Gear Meat — 0 19 N.Z. liefrig. (10s) ... 0 9 9 0 9 10 Wgtn. Meat Exp. ... 0 5 0 — Wgtn. Meat Export (pref-) — 1 2 9 TRANSPORT— Kelburn Tram, (pf.) 110 WOOLLEN— Timaru — 0 18 3 Wellington (ord.) ... — 5 15 0 Wellington (pf.) ... 5 16 0 — COAL— Westport-Stockton (pref.) — 0 5 4 TIMBER— Kauri — 1 2 9 Rotoiti — 0 5 0 Taupo Totam (ord.)*' — 0 7 6 Taupo Tolara (pref.) — 0 19 0 Taupo Totara, 16s p. (pref.) — 0 15 0 BREWERIES— Dominion — 2 1 0 N.Z. Breweries ... — 2 10 2 N.Z. Breweries (con.) — 1 15 0 Tooth and Go 2 15 3 — Tooheys 1 12 3 Tui — 2 16 0 MISCELLANEOUS— Anthony Hordern ... 0 18 7 0 19 0 Aust. Glass — 4 13 6 Brit. Tob. (Aust.)* — 2 10 C Broken Hill Pty. .. 3 16 9 3 17 9 Burns, Philp & Co. — 3 0 0 Colonial Sugar — 47 2 e Denhard (pref.) ... 10 3 — Dental and Medical Supply 0 12 6 Dunlop-Perdriau ...* 12 7 1 3 0 Electro. Zinc (ord.)t — 2 19 0 Electro. Zinc. (8% part pref.) t — 2 19 6 General Industries * — 1 0 6 G. J. Coles 4 16 0 4 17 0 Howard Smith (ord.)* — 1 1 2 Morris iledstrom ... — 1 10 4 Taranaki Oil 0 6 9 0 7 0 United Provisions — 0 9 5 Wilson’s (N.Z.) Cement — 1 2 0 Woolworths (N.Z.) (ord.) 5 7 6 _ Woolworths, Ltd. (2nd pref.) 1 7 6 1 8 ( Burns, Philp Rights 1 14 6 1 16 0 Wairakei, Ltd. ... 0 7 0 — Myers Emporium ... — 1 17 6 Morts Dock — 0 12 0 Griffon and Sons ... 0 10 9 — AUSTRALIAN MINING— Broken Hill South* 2 7 0 2 8 6 Mount Lvell 2 2 2 2 2 5 Rawang Tin — 0 12 5 OVERSEAS LISTINGS — Woolworths Holdings — 0 16 10 UNOFFICIAL LIST Buyers. Buyers. £ s. d. £ s. d. Woolworths, Ltd. ... 6 15 6 6 17 6 .McKenzie’s Dept. Stores — 4 9 6 National Tobacco ... — 3 6 0 Selfridges (N.Z.) fully paid — 1 0 0 Selfridges (N.Z.) 12s paid — 0 10 3 Whakatane Paper Mills 0 5 3

£ s. d. £ 1 s. d. Copper— Standard, spot 56 11 10J 55 13 9 Ditto, forward 56 11 lOt 55 14 41 Electronic 62 5 0 61 15 0 to 65 5 0 62 15 0 Wire bars 63 5 0 62 15 0 Lead— Spot 22 7 6 22 1 3 Forward . 22 8 1A 22 2 lot Spelter— Spot 22 4 4J 22 15 7 A Forward . 23 9 4J 23 0 7J TinSpot 260 15 o' 261 12 6 Forward . 250 12 6 260 7 6 Silver— Standard, per oz. 1 19 15-16d 19 15•lOd Fine 22id 22Ad