COMMERCIAL NEWS

Nelson Evening Mail, Volume LXXII, 28 November 1938, Page 12

COMMERCIAL NEWS

STOCK AND SHARE MARKET WELLINGTON STOCK EXCHANGE SATURDAY, 26th NOVEATTiER, 1938. Buyers. Sellers.

ilmiiilmiiiiiiiiiiiiiilltiiiiiiiiiiiii Woolworth Holdings (South Africa) ... 0 14 10 UNOFFICIAL LIST. Buyers. Sellers. £ s. d. £ s. d. Woolworlhs Properties (20s pd.) ... 15 0 15 7 R. and E. l’ingey, Ltd. (pref.) SeJfridges (A’asiu), Ltd. 0 10 0 Blackball Creek ... 0 011 N.Z. Theatres, Ltd. 0 0 6 N.Z. Perpetual Forests 1 16 0 A. B. Kidson, Sharebroker, Country Member of the Wellington Stock Ex- , change, F. & I). Edwards Ltd. Buildings, Tiafalgar Street. Telephone 208. E. 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. PRICES OF METALS lU.P.A.—By Electric Telegraph-Copyright! LONDON, 25th November. The official quotations on the London metals market compare with those pi'eviously cabled as follows: Nov. 24. Nov. 25. Per ton. Per ton

Quotations for other metals, with those for the previous week in parentheses, are as follows : Pig Iron.—Home trade. 109 s a ton (same); export, not quoted. Antimony.—British, £7O 10s a ton (same); foreign, £47; nominal £4B). Molybdenite.—42s 6d a unit, nominal (same). Wolfram. —Chinese, 54s 6d a unit, nominal (57s 6d). ANTWERP WOOL FUTURES LONDON, 26th November. The Antwerp wool futures market is steady. To-day's quotations compare with those previously cabled as follows: Nov. 22. Nov. 26. d. d. December 22| 22f March 22g 23* May 23§ 23g SYDNEY STOCK EXCHANGE SYDNEY, 26th November. Sales on the Sydney Stock Exchange tc-day included :—Commonwealth bonds, 4 p.c., 1941, £IOO 12s 6d; Commonwealth bonds, 4 p.c., 1944, £lOl ss; Commonwealth bonds, 4 p.c., 1950, £lO2 10s ; Commonwealth bonds, 4 p.c., 1959, £lO2 7s 6d ; Bank of N.S.W., £29 19s; Australian Glass, £5 2s 6d ; Aust. Iron and Steel, pref., £1 8s 6d ; Broken Hill Proprietary, £2 16s 6d ; Burns, Philp, £2 11s ( 3d; Electrolytic Zinc, £2 6s 3d ; ditto, pref., £2 9s 3d. PRICES OF RAW MATERIALS LONDON, 26th November. Friday's closing prices for the follow- { ing raw materials were as follows, those for 18th November being shown in par- * entheses:— f Cotton: Liverpool quotation, good America middling, spot, 5.22 d a lb. (5.08 d); December delivery, 4.86 d a lb. 6 (4.81 d). Rubber: Para, 7sd a lb. (same); * plantation smoked ribbed sheet, 8d a {- b. (same). Jute: November-December shipment, [ndian jute, Dundee quotaion, £lB 15s i ton (£lB 17s 6d). Copra: December-January shipment. sun-dried South Sea. to London or Rot- ; k erdam, £9 7s 6d a ton (£9 ss); smoked, ! li l- Marseilles or Genoa. £9 7s 6d a ton 11 £9 2s 6d); plantation. Rabaul, to Lonion or Rotterdam. £lO 5s a ton (£lO 2s I id). h Linseed oil: £25 5s a ton (£25). e Turpentine: 32s a cwt (335). L

£ s. N.Z. GOVT. LOANS— 3% 1 riser. Stock, d. £ 8. d. 15/7/1939-41 95 10 3£% Inscr. Stock, 0 - 15/3/1939-43 ...* 97 15 % laser. Stock, 0 98 2 6 15/1/1953-57 93 0 4% laser. Stock, 0 - ] 5/2/1943-46 98 17 4% laser. Stock, 6 99 5 0 15/4/1946-49 — 4% laser. Stock, 99 0 0 15/6/1952-55 — 5% Rural Roads, 99 2 6 15/9/47 — 99 0 0 *Tax free to first date, th en 4 p.c. optioaal maturity three years date. prior to final LOCAL BODY DEBENTURE!; Auck City, p.c., 1/1/44-52* ......... — Christchurch Dge., 4i 100 10 0 p.c.. 31/12/38-50 . — Northcote Boro.. 4£ 100 17 6 p.c., 1/8/56 — Christchurch Dge., 4£ ICO 15 0 p.c., 30/6/62 — Ml. Eden Boro., 4£ 102 0 0 p.c.. 1/4/49 — Rotorua Boro., 4* 101 0 0 p.c., 31/10/40 ... — Rotorua Boro., 4$ 99 5 0 I-.c., 31/10/66 — Wuitomo E.l\, 41 68 17 6 p.c., 1/8/45-58 ... — Waikoho County, 4J 99 15 0 p.c., 1/10/60 -sBANKS— 101 0 0 Australasia — 10 0 0 National of N.Z. ... — 2 10 0 New South W ales t — New South Wales, 30 5 0 Svd. Reg t 30 5 0 New Zealand * 2 0 New Zealand D Long 6 2 1 0 Term * 1 8 0 Union of Aust. ... — FINANCIAL— 8 12 0 Goldsbrough, Mort. 1 8 National Mortgage 1 1 8 6 "A” 1 18 0 Newton King (pref.) — N.Z. Guarantee 0 8 9 Corp 0 4 N.Z. Invest. Mort. 0 0 4 2 and Dep 0 9 9 N.Z. & River Plate — Wgtn. Invest. T. and 0 12 0 A _ 0 9 6 Wgtn. Trust Loan . — 4 19 6 General Finance ... — Wright, Stephenson 0 18 6 (ord.) — W a i ra ra pa Farmers 1 2 3 (pref.) 0 4 GAS— 3 — Auckland — 0 19 0 Wellington (ord.) ... — 1 11 3 Wellington (pref.) . — INSURANCE— 1 4 0 National of N.Z. ... — 0 16 0 New Zealand 2 12 0 2 13 0 South British — MEAT PRESERVING— 2 4 0 N.Z. Refrig. (£1) . 0 17 0 — N.Z. Refrig. (10s) — TRANSPORT— 0 8 1

j Huddarfc, Parker 1 (ord.) / Kelburne Tramway 2 10 0 — (ord.) WOOLLEN— — 1 3 0 Manawatu 1 6 0 Mosgiel * 9 13 0 Wellington (ord.) ... TIMBER— 4 16 0 Leyland-O’Brien ... — 0 16 0 Rotoiti 0 3 5 Rotoiti (pref.) BREWERIES— - 0 16 9 N.Z. Breweries ...* 1 19 0 1 19 9 Tooheys — 1 11 0 Tui MISCELLANEOUS— British Tobacco 2 8 0 (Aust.) Brit. Tobacco (6£ 2 7 10 2 8 0 p.c. pref.) 1 12 0 Broken Hill Pty t — 2 17 0 Ciaude Neon 1 12 9 Colonial Sugar ...* Consol Brick . and 47 15 0 48 2 6

Mp« * 0 7 1 0 8 0 Denhnrd (ord.) — Dental and Medical 0 8 6 Supply 0 13 6 Dunlop Perdriau 10 2 Electro. Zinc (8 p.c. 1 0 7 part pref.) 2 8 3 2 9 0 Fanners’ Trading . — 0 19 5 Felt and Textiles 1 11 0 G. J. Coles 3 18 6 I.C.l. Aust. and N.Z. 3 19 6 (pref.) 1 2 10 13 0 MacDuffs (ord.) ... 0 4 0 MaeDuffs (pref.) ... — 0 15 0 McKenzie's * — 2 16 11 Moturoa Oil 0 4 10 National Electric ... — 0 15 0 N.Z. Drug 3 5 0 Sharland and Co. — (ord.) — 0 14 6 Taranaki Oil — Wilson’s (N.Z.) 0 12 2 Cement + — Woohvorths, Ltd 0 16 6 (ord.) 10 9 Woohvorths (N.Z.) 1 0 11 (ord.) * — 0 19 6 Victoria Laundry * 0 18 0 Smith and Smith 0 19 0 (Pref-) — MINING— 1 1 0 Big River — 0 12 Biackwater — 0 19 0 Gillespie’s Beach . — 0 0 11 Maori Gully 0 0 6) 0 0 8 Nemona — 0 1 44 Worksop Extd. ... 0 0 11 — New River — AUSTRALIAN— 0 0 11 Broken Hill South * — 1 10 6 Mount Lvell * — 19 3 Mount Morgan ... 0 9 0 0 9 3 Emperor Mines ... — OVERSEAS LISTINGS— 0 10 4

£ s. . £ . d Copper— Standard, spot 45 5 74 45 2 6 Ditto, forward 45 9 44 45 5 74 Electrolytic 51 5 0 51 5 0 to 52 0 0 51 15 0 Wire bars Lead — 52 0 0 51 15 0 Spot 15 7 6 16 6 104 Forward 16 8 U 16 8 14 Spelter— Spot 14 6 104 14 3 9 Forward 14 9 44 14 5 Tin— Spot 215 17 6 216 1 '3 Forward 216 13 9 217 2 6 Silver— Standard, per o Fine 20 121gd 16d 20£d 21 1116d