COMMERCIAL NEWS

Nelson Evening Mail, Volume LXXII, 8 September 1938, Page 14

COMMERCIAL NEWS

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE WEDNESDAY, 7th SEPTEMBER, 1938. Buyers. Sellers £ s. d. £ s- d.

Uluyam OVERSEAS LISTINGS—(South Africa) ... 015 0 UNOFFICIAL LIST. Buyers. Sellers. £ s. d. £ s- d

A. B. Kidson. Sharebroker, Country Member of the Wellington Stock Exchange, F. & D. Edwards Ltd. Buildings, Trafalgar Street. Telephone 208. F. G. Twiss, Sharebroker, Country Member of Wellington Stock Exchange, 103 Trafalgar Street. Telephone 427. D. E. Barclay, Sharebroker and Investment Consultant, Norwich Union Chambers, Hardy Street. Telephone 1145. MINING NEWS |United Press Association! HOKITIKA, 6th September. The Rimu dredge reports a return of 267,050 z from 64,230 cubic yards worked in 135 hours. DUNEDIN, 7th September, The Clutha River wash-up was 165 ounces for 141 hours. PRICES OF BASE METALS ! U.P.A:—By Electric Telegraph—Copyright I LONDON, 6th September. The official quotations on the London metals market compare with those previously cabled as follows: Sept. 5. Sept 5. Per ton. Per ton. £ s. d. £ s. d.

BUTTER MARKET FIRM LONDON, 6th September. The butter market is firm. Choicest salted New Zealand, 124 s to 125 s a cwt; Australian, 121 s; unsalted, New Zealand 125 s to 1265, Australian 1235.

N.Z. GOVERNMENT LOANS 3£% Inscr. Stock, 15/3/1939-43 99 17 6 — 3£% laser. Stock, 15/9/1939-43 99 17 6 — 3$% Inscr. Stock, 15/3/194143 * 100 10 0 — 3£% inscr. Stock, 15/9/1941-43 * 100 10 0 — 3£% laser. Stock, 15/11/1938-52 ...* — 100 15 0 3j% Inscr. Stock, 15/5/1939-52 * — 100 15 0 Inscr. Stock, 15/11/1941-52 ...* 101 0 0 — 3g% Inscr. Stock, 15/5/1941-52 * 101 0 0 — 3£% Inscr. Stock, 15/1/1953-57 — 94 10 0 3$% Inscr. Stock, 15/11/1938-41 ... — 101 0 0 4% Inscr. Stock. 15/2/1943-46 100 0 0 100 7 6 4% Inscr. Stock, 15/4/1946-49 101 2 6 — 4% laser. Stock, 15/6/1952-55 — 101 10 0 5% Rural Ronds. 15/9/1947 102 0 0 *Ta.x free to first date; then 4 per cent. optional maturity prior to fina LOCAL BODY DEBENTURES— ToJnga Bay Hur. Bd., 4i p.c., 10/9/1946 — 101 10 0 Mt. Albert Boro., 44 p.c., 1/7/45 _ 103 0 o Wgtn. City, p.c., 1/2/47 — 105 0 0 Wgtn. Harbour Board, 5i p.c., 28/2/1940 — 100 10 0 Bay ol Plenty E.P., 44 p.c., 1/10/1939 — 102 10 0 Bay of Plenty E.P., 44 p.c., 1 10/1940 — 103 0 0 Napier Harb. Bd., 44 p.c., 31'3/1968 — 105 5 0 Napier Harb. Bel., 44 p.c., 30/9/1968 ... — 105 5 0 OfHr.lt DEBENTURES— Amal. Brick, Wgtn. 98 15 0 — Amal. Brick, Auck. 96 10 0 — BANKS— Australasia * 10 10 0 10 17 6 Comm. of Aust. (cd.) - 0 16 2 Comm. of Aust. (prej.j 9 6 0 — E.S. and A 5 5 0 National of N.Z. ... 2 11 6 — Nat. of A’asia (£5) 6 9 0 New Zealand 2 1 10 2 2 3 Union of Aust. ... — 8 10 0 FINANCIAL— Goldsbrough, Mort, & Co 1 7 3 1 7 6 Newton King (pref.) — 0 10 0 N.Z. Guarantee Corp 0 4 1 0 4 5 Wgtn. Invest. T. & A 0 8 6 Wgtn. Trust Loan — 5 7 6 INSURANCE— National of N.Z. . . — 0 17 1 New Zealand — 2 16 9 ME.VI /'RESERVING— N.Z. Refrig., 10s ... 0 7 9 — Wsftn. Meat Export. 0 7 6 — l KAN'S PORT— Union Steam (pref.) — 1 6 6 Kelburne Tramway (ord.) 1 3 6 WOOLLEN— Kaiapoi 0 10 9 Manawatu 1 13 0 — Wellington (pref.) . 5 4 0 — Bruce (pref.) — 1 1 0 Bruce (ord.) — 0 7 3 CO A L— Renown — 0 10 o UMBER— Bartholomew — 0 17 6 Kauri — 1 3 6 Rotoiti (pref.) — 0 ±7 0 Taringarnutu — 0 12 10 Taupo Totara (ord.) 0 4 9 — BREWERIES— Dominion — 1 12 0 N.Z. Breweries ... — 2 0 9 Tooth and Co. ... 2 13 0 Tui 2 10 0 MISCELLANEOUS— Anthony Hordern . — 0 16 9 Aust. Glass — 4 12 6 British Tobacco (Aust.) * 2 6 9 _ Brit. Tobacco (6£ p.c. pref.) 1 11 0 _ Broken Hill Pty. . 2 17 0 2 17 3 Burns, Philp, and Co 2 10 9 2 12 0 Burns, Philp, and Co., South Seas 1 7 6 — Claude Neon Lights (N.Z.) _ 1 6 0 Colonial Sugar ... 46 17 6 47 5 0 Consol. Brick and ripe , — 0 8 0 Dental and Medical Supply — 0 14 2 Dunlop - Perdriau * — i i 2 Electro. Zinc (ord.)* — 2 2 3 Electro. Zinc (8 p.c. part pref.) * — 2 5 6 G. J. Coles 3 18 9 3 18 1 Hume Pipe 1 0 6 MncDuffs (or-d.) ... — 0 16 0 MacDuffs (pref.) ... — 0 19 0 McKenzie’s 3 4 9 Moturoa Oil — 0 5 0 Moturoa Oil (pref.) — 0 5 0 National Electric ... — 0 16 0 Radio (1936) — 0 16 9 Sharland and Co. (pref.) 0 16 0 — Taranaki Oil 0 12 3 Wilson’s (N.Z.) Cement — 0 17 3 Woolworths, Ltd. (ord.) 1 0 10 1 0 1 Woolworths (N.Z.) (Old.) 0 18 9 "Otago Daily Times" — 2 6 6 Smith and Smith (Pref.) 1 1 6 Imperial Chemical Industries (pref.) ... — 1 1 10 MINING— Grey River 0 13 0 Martha 0 11 8 Mossy Creek — 0 1 1 Nernona * 0 1 4 — Waihi Investments . — 0 9 2 Waihi Grand Junetion — 0 3 1 AUSTRALIANBroken Hill South * — 1 10 3

C and A. Odlin (pref.) — 1 1 3 Frozen Products ... 0 10 0 0 13 0 f.a.m.j lusurance (ord.) — 0 9 0 Ml. Cook Transport, 5 P-c., 51,3/1948 ... — 70 0 0 Metters (N.Z.), Ltd. 0 10 0 0 10 9 N.Z. Pe •petual Forests (cont.) — 0 15 6 Wgtn. 1 ublishing ... — 4 7 6 Wool wort h s (W. A.), Ltd. 4 3 0 — Waikato Carbonisation (S p.c. 1/4/41) ... 91 0 0 — Ray Ne on (ord.) ... 0 6 u — Bottle Gas Co. — 1 0 0 U. & E Tingey, Ltd. (Old.) — 1 4 9 « & E Tingey, Ltd. (pref.) 1 0 0 1 1 0

Copper— Standard, spot 40 13 4 41 5 0 Ditto, forward 40 18 4 41 10 0 Electrolytic .... 46 0 0 46 10 0 to 47 0 0 47 10 0 Wire bars .... 47 0 0 47 10 0 Lead— Spot 14 0 4 14 4 4} Forward 14 4 4 14 9 4i Spelter— Spot 13 2 fi 13 3 4 Forward 13 7 6 13 8 11 Tin— Spot 192 2 6 192 15 0 Forward 192 15 0 193 12 6 Silver— Standard, per z 19 1 -8d 19 116d Fine .. 20 5-8d 20 9-16d