COMMERCIAL NEWS

Nelson Evening Mail, Volume LXXI, 2 April 1938, Page 14

COMMERCIAL NEWS

STOCK AND SHARE MARKET WELLINGTON STOCK EXCHANGE

A, b Kidson, Sharebroker. Country Member of the Wellington Stock Exchange, F. & D Edwards Ltd Building Trafalgar Street. Telephone 209. F. G. Twiss. Sharebroker. Country Member of Wellington Stock Exchange. 103 Trafalgar Street. Telephone 427. Vercoe, Gilbert and Boyes (N. A i Vercoe, Country Member of Wellington: Stock Exchange I, Sharebrokers. 1 ratalgar Street, Net,on Telephone 401 Ho Box 74. Telegraphic address "Verboy '

NEW GUINEA GOLD '(lnltpit Freni. Aiwnctatioll-b.v Kiwi,,. j LONDON, 31st March. Sales of mining shares include: New i | Guinea. 113 d. DREDGING SHARES IN LONDON ! LONDON, 31st March. Share quotations: Clutha River, buyers Is 7Jd, sellers Is 9d; Molyneux, River, buyers 10£d, sellers Is l{d. WHEAT AND FLOUR * 1 LONDON, 31st March. , Wheat cargoes are lower and parcels : have also declined. j ( Futures—London: May. 41s 3d a quar-! ter: August, 39s 2d. Liverpool: May, 6s! i 7,}d a cental: July. 6s 7jd; October 6s i OAd. j t The spot trade is quiet. Australian, 1 -

ex ship, 35s 9d to 38s. The flour market is firm. Australian. r ex store, 26s 6d to 27s Gd. Chicago Wheat Futures—May. 854 cents a bushel; July, 81.3-8 cents; September. 82 cents. t NEW YORK PRICE OF TIN JNEW YORK, 31st March. Tin is quoted at 38.00 cents a pound. PRICES OF METALS LONDON. 31st March. The official London (middle) quotations, as reported by the Australian Mines and Metals Association, compare

FRIDAY, 1st APRIL, 1938. Buyers. Sellers £ S. cl. N.Z. GOVT LOANS— 3% Inscr. Stock, £ s. ci 15/3/193943 99 15 0 3|% inscr. Stock, - 15/9/193943 100 0 0 Inscr. Stock, — 15/3/1941-43 100 0 0 3£% Inscr. Stock, 15/9; 1941-43 100 0 0 3j% Inscr. Stock, — 15/11/1938-52 ... 103 2 6 103 12 3« % Inscr. Stock, 15/1/1953-57 4% Inscr. Stock, 98 12 15/2/1943-46 — 4% Inscr. Stock, 102 10 15/4/1946-49 — 3a% Bonds, 15/1/ 104 10 1963-57 98 2 6 5% Rural Bonds, — 15/9/1947 102 2 6 BANKS— — Australasia t — Comm. of Aust. 9 16 (ord.) 0 15 10 — Nat., of A’asia (£5) — 7 0 C New South Wales 31 IS 0 32 6 New Zealand 2 3 0 New Zealand D Long 2 3 5 Term — 1 9 Union of Aust — FINANCIAL— 8 15 Dalgety and Co. ... 8 6 0 Goldsbrough, Molt, and 8 10 ( Co 1 10 3 N.Z. Icrest. Mort. and — Dep 0 8 9 Wgtu. Invest. T. and — A 0 8 9 Wgtn. Trust Loan 5 2 6 Gas— - ' Auckland 10 0 10 3 Christchurch (cout.) — 0 14 9 Wellington (old.) ... 1 16 0 INSURANCE— 1 17 3 National of N.Z. ... 0 17 6 New Zealand 3 0 3 Quensland — 2 11 0 South British * MEAT PRESERVING— 2 6 0 Canterbury 10 6 0 Southland — 1 8 3 Wgtn. Meat Export. 080 TRANSPORT— Huddart, Parker (pref.) 18 3 WOOLLEN— - Manawatu 1. 15 0 Wellington (ord.) ... — 5 7 0 Wellington (pref.) ... 5 11 0 COAL— - Pukemiro 0 18 0 Westport TIMBER — 13 3 Rotoiti 0 4 0 Rotoiti (pref.) — 0 18 3 Taringainutu 0 15 1 Taupo Totara (ord.) — BREWERIES— 0 6 0 Dominion N.Z. Breweries ... 2 4 6 2 5 0 Tooth and Co. ... — 2 14 6 Tui MISCELLANEOUS— 2 12 0 Aust. Glass 4 9 0 British Tobacco 4 10 3 (Au s t.) + British Tobacco (6& 2 8 0 p.e. pref.) 1 11 9 Broken Hill Pty. ... 2 18 9 Broken Hill Pty. 2 19 6 (contiib.) 1 14 3 Burns, Philp, and - c ° 2 13 0 Claude Neon Lights - (N.Z.) Claude Neon (Syd1 7 6 ney.) 2 10 6 Colonial Sugar 46 17 6 Consol. Brick and 47 5 0 Pipe 0 7 0 Denhard (ord.) Denhard (pref.) ... 110 1LI.C. (pref.) 1 3 3 Dunlop-Perdnau ...+ 110 Electro. Zinc (ord.) 1 19 0 Electro. Zinc (8 p.c. 2 0 0 Part pref.) 2 3 9 Formers’ Trading ... 0 19 10 G- J. Coles 3 17 9 3 13 6 Howard Smith (old.) — McKenzie’s 3 9 6 Moturoa Oil N.Z. Drug ... * 3 14 0 N'-Z. Farmers' Fert. 0 17 0 Shillings, Ltd 0 17 6 Taranaki Oil 0 6 1 Wilson’s (N.Z.) 0 6 3 Cement Woolworths, Ltd. 0 18 0 (ord.) * i i 7 Woolworths N Z 1 1 10 (ord.) 1 1 6 Northern Roller 12 0 Mills 10 3 Victoria Laundry ... 0 19 0 1 2 0 R- G. Kain (ord.) — 0 19 0 Griffin and Sons ... — MINING— 0 14 0 Big River 0 10 Skippers 0 14 Al SI KALIAN — Broken Hill South 1 10 0 Mount Lyell 17 0 Mount Morgan (pref.) 0 5 2 Norh Broken Hill 2 5 6 OVERSEAS LISTINGS— Wool worth Holdings — UNOFFICIAL LIST 0 15 6 Buyers. Sellers I £ s. d. Frozen Products, £ ». d Ltd It. and E. Tingey, Ltd. 0 10 o' (ord.) 1 8 oi

6 wilU those previously ■abled follows:— 6 Mar. 30 Mar 31. Per ton. Per ton. 0 £ s. d. £ s. d. Copper— 0 Standard, spot 38 1 I0i 37 18 14 Ditto, forward 38 6 10$ 38 3 1J Electrolytic .... 42 0 0 43 15 0 to 43 n 0 43 15 o Wire bars 43 n 0 42 15 0 Lead— ) Spot 15 19 44 15 14 44 Forward 15 19 4$ 15 14 4} Spelter— 0 Spot 13 7 6 13 16 104 Forward 13 18 lA 13 16 10$ 5 Tin— Spot 173 5 0 167 12 6 Forward 173 7 6 167 12 6 Silver— Standard, per oz 18 38d 18 13 16d Fine 19 1C -16d 20 5-16d