STOCK AND SHARE MARKET

Nelson Evening Mail, Volume LXXI, 30 March 1938, Page 12

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE TUESDAY, MARCH 29, 1938.

A. B Kidson, Sharebroker. Country Member of the Wellington Stock Exchange, F. & D. Edwards Ltd. Building. Trafalgar Street. Telephone 208. f. G. Twlsa. Sharebroker, Country Member of Wellington Stock Exchange 103 Trafalgar Street. Telephone 427, Vercoe, Oilbert and Boyos (N. A. Vereoe, Country Member of Wellington Stock Exchange), Sharebrokere, Trafalgar Street, Neleon. Telephone 401. p.o. Box 74. Telegraphic addreee “Verbay." AUSTRALIAN STOCK EXCHANGES Ut'ited Preee AMociatltin—by Electric Ttlexraph-Onayi-lehn SYDNEY, 26th March. Brighter conditions prevailed oa the

Sydney Stock Exchange to-day and business was widely spread. The tone of the market was very tinn and healthy. Sales: Rank of New South Wales, £32 , ss; Commercial Banking Co of Sydney,. _ £2O 17s ; Commercial Bank of Australia, 16s 3d; E., S. and A. Bank. £5 3s; Na-' ( tional Bank, £lO paid, £l4 3s; Union 'i Bank, £8 10s; Bank of Australasia. £10;f Is; United Insurance, £lO 2s 6d. Colonial Sugar, £47 7s 6tl; Howard . 1 Smith, 21, 6ci ; Huddart I’aiker, 475; j Burns PhiJp, 545. y 1 Berlei, 40s 6d; British Tobacco, 495; J Tooths, 55s ; Tooheys, ex div., 31s; Aug- I tialian Glass, 90s 9d. Dunlop Perdriau, 22s 6d ; Partners, 3'os 3d ; David Jones, 42s ; Anthony Hordern, j 19s; General Industries, 20s; Mori s Dock f Us; Mauri Bros., 69s 6d. r Permanent Trustee, 19s 6d ; Producers and General, pref., 11s 6d: J. Feilding 78s; Standard Cement, 19s 9d. Woolworths, Ltd., 22s 4£d ; ditto, New Zealand delivery, 22s 4£d ; ditto, first pref., 4Jb 6d ; Wunderlich, 21s 4J,d ; Golds- . brougli Mort, 30s 9d ; Winchcombe Car- l 1 son, 30s; Wilcox Moffiin, 10s; Henry < Jones 495. c 1 Mount Morgan, 9s 8d ; Mount Lyell, 28s , * 3d; Broken Hill Proprietary, 60s 3d ; - ditto, contr., 3Cs 6d ; North Broken Hill, . 48s 6d; Zinc Corporation, 90s Kuala ( Kampar Tin, 16s 6d. < Morning sales included : Common- | wealth bonds, 4 per cent., 1938, £lOl Us 3d; 1947, £lO2 17s 6d; 1955, £lO4 ! 17s 6d; Bank of New South Wales, £32 < 2s 6d ; Union Bank, £8 10s; Tooth Brew- . ery, 54s 9d j Associated Newspapers, 21s 1 1 4sd, and pref. 23s 6d ; Australian Glass, 91s; Broken Hill Proprietary, 60s; Col- j 1 onial Sugar, £47 7s 6d; Electrolytic Zinc, , 42s 6d; General Industries, 19s 10gd; 1 Goldsbi'ough Mort, 30s 9d. MELR OURNE, 29th March. The markets on the Sstock Exchange of ' Melbourne to day were steady. Sales: Commercial Bank of Australia, 16s 2d ; National Batik, £lO paid, £l4 5s ; G. J. Coles, 80s; Drug Houses of Australia, 25s 9d ; Australian Glass, 90s 6d ; ( Dunlop Perdriau, 22s 6d ; ditto, pref., 38s , 1 6d; Australian Paper Manufacturers, pref,. 265; Victoria Nyanza, 14s 6d. Electrolytic Zinc, 425; ditto, pref., 455; • Mount Lyell, 28s 6d; Broken Hill Pro- * prietary, 60s; ditto, new issue, 30s 3d; , North Broken Hill, 47s 6d - Broken Hill j ( South, 31s l£d ; Emperor, 12s 8d ; Lolotna, 23s 3d. WHEAT FUTURES ' i LONDON, 28th March. Wheat cargoes are steady and parcels , • are also steady. Futures:—London: March, 40s 6d a 1 quarter; May, 39s 6d. Liverpool: March, 6s a cental; May, 6s B£d; July, 6s j 8d; October, 6s 7^. Chicago :—May, 86| cents a bushel; 1 July, 82£ cents; September, cents. DREDGING SHARES IN LONDON LONDON, 28th March. Share quotations : —Clutha River buyers 1 I* 7£d, sellers Is 10£d ; Molyneux River, ; buyers lOid, sellers Is ljd. I METAL PRICES DOWN LONDN, 28th March. , The official London (middle) quotations, as reported by the Australian Mines and Metals Association, compare with I those previously cabled as follows : S Mar. 25. Mar. 28. ‘ Per ton. Per ton.

Buyer*. Selle s. £ s. d. N.Z. GOVT LOANS— 3% Tnser. Stock, £ s. d. 15/7/1939-41 — 3£% Inset*. Stock, 98 5 0 15/3/1939-43 — 34% Inscr. Stock. 100 5 0 15/3/1941-43 100 0 0 34% Inscr. Stock, 15/8/1941-43 100 0 0 Inscr. Stock, — 15/11/1938-52 103 2 6 34% Inscr. Stock, — 15/5/1939-52 103 2 6 34% Inscr. Stock, — 15/11/1941-52 103 2 6 3£% Inscr. Stock, — 15/5/1941.52 103 2 6 Inscr. Stock, - 15/2/1943-46 ...... — 4% Inscr. Stock, 302 10 0 15/4'1946-49 104 0 0 104 10 4% Inscr. Stock, 0 15/6/1952-55 104 5 0 4% Bonds, 15/4/ 1946-49 104 2 6 4% Bonds, 15/6/ — 1952-65 104 5 0 5% Rural Bonds, — 15/9/1947 102 5 0 — LOCAL BODY DEBENTURES Tolaga Bay Road Bd., 4*% 10/9/1946 ... — Wgtn. Hospital, 4% 102 15 0 10/12/1943 102 0 0 102 15 BANKS— 0 Australasia * — 10 5 0 Com. of Aust. (ord.) 0 15 11 — Com. of Aust. (rpef.) 9 9 0 — National of N.Z. ... — New South Wales, 2 15 0 Syd. Reg 31 10 0 New Zealand 2 3 0 New Zealand, D Long 2 3 4 Term — 1 9 9 Union of Aust FINANCIAL— 8 16 0 Dalgety and Co 8 15 0 Equit. Bldg Co. ... 0 12 0 Goldsbrough, Mort, & — Co 1 9 10 National Mortgage A — 2 4 0 Z. Guarantee C'orp.* — N.Z. Invest. Mort. & 0 4 6 Dep 0 8 9 — Wgtn. Invest T. & A. 0 8 9 — Wgtn. Trust Loan 5 2 6 GAS— 5 12 6 Auckland 10 0 1 0 3 Christchurch (con.) .. — 0 15 0 Wellington (ord.) ... — INSURANCE— 1 17 3 National of N.Z. ... 0 17 3 New Zealand 3 0 6 Queensland — 2 11 0 South British * MEAT PRESERVING— 2 6 6 Canterbury 10 6 0 Gear Meat 0 16 0 0 16 9 N.Z. Refrig. (10s) ... — 0 8 4 Southland 1 8 3 Wgtn. Meat Export 0 8 0 TRANSPORT— Huddart-Parker (ord.) — 2 7 0 Huddart-Parker (pf.) 18 3 WOOLLEN— - Bond’s Hosiery Mills* — 0 19 Kaiapoi 0 12 3 Kaiapoi ((pref.) 0 17 0 Timaru 0 15 3 Wellington (ord.) ... — 5 7 0 Wellington (pref.) ... 5 10 6 COAL— Pukemiro 0 18 0 TIMBER — - Rotoiti 0 4 0 Rotoiti (pref.) — 0 18 3 Taupo Totara (ord.) 0 5 6 0 6 laupo Totara (pref.) — Taupo Totara, 16s pd. 0 18 6 (pref.) BREWERIES— 0 14 6 Dominion N.Z. Breweries Tooheys . 1 12 0 Tui MISCELLANEOUS— 2 12 0 Aust. Glass ...4 10 5 Brit. Tob. (Aust.) * — Brit. Tob. (64% 2 8 3 Pref.) 1 11 g Broken Hill Pty. ... 2 19 4 Burns, Philp, & Co. 2 12 9 2 14 3 Claude Neon (Svd.) — 2 10 Colonial Sugar 46 10 0 46 17 6 D.l.C. (pref.) 13 6

Punlop-Perdriau ...» Electro. Zinc (ord.) —- 1 2 2 2 Electro. Zinc (8% part pref.) 2 4 4 2 4 8 Farmers’ Trading ... 0 19 9 0 J. Coles 3 18 9 3 19 3 Hume Pipe * 1 0 0 McKenzie's 3 g 0 3 10 Moturoa Oil 0 National Electric ... — 0 15 3 Procera Bread (ord.) 0 10 6 Shillings. Ltd. 0 18 0 Wilson’s ... (N.z.) Cem6nt 0 18 Wool worths, Ltd. (ord.) 1 i 7 i i ii Woolworths, Ltd (1st P»ef.) 2 1 0 Woolworths, N.Z. (ord.) 1 l 6 1 2 0 Northern Roller Mills 1 0 Gates, Ltd 0 8 Victoria Laundry .. 0 19 0 1 2 0 MINING— Barry town AUSTRALIAN— Broken Hill South ... 1 10 3 1 11 Mount Lyell 1 7 6 1 8 6 Mount Morgan (pref., 4s paid) 0 $ North Broken HflJ . — 2 9 OVERSEAS LISTINGS— Woolworths Holdings 0 IS 2 0 15 4 UNOFFICIAL LIST Buyers. Sellers. £ s. d. £ s. d. Dominion Farmers’ Institute — 4 12 Frozen Products; Ltd — 0 10 0 lur Trading Co. of N.Z 0 15 0 N.Z. Perpet. Forests (4s paid) 0 15 9 Selfridge’s (N.Z.j, Ltd., 14s pd 0 12 0 SelfHdge’s (N.Z.), Ltd., fully paid ... — 0 19 0

£ s. d. £ s. d. Coper— Standard, spot 39 11 3 33 13 Ditto, forward 39 16 10‘ 38 18 Electrolytic 43 5 10 42 10 0 to 44 5 0 43 10 0 Wire bars 44 5 0 43 10 0 Lead— Spot 16 6 3 16 7 6 Forward 16 6 101 16 8 u Spelter— Spot 14 7 6 14 3 14 Forward 14 8 11 14 3 U Tin— Spot 184 10 0 183 1 3 Forward 184 17 6 183 7 6 Silver— Standard, per o 20 3-8d 20 3-8d Fine . 22d 22d