STOCK AND SHARE MARKET

Nelson Evening Mail, Volume LXXII, 17 January 1939, Page 10

STOCK AND SHARE MARKET

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, 105 Trafalgar Street. Telephone 427. D. E. Barclay, Sharebroker and Investment Consultant, Norwich Union Chambers, Hardy Street. Telephone 1145. AUSTRALIAN SHARE MARKETS I U.P.A.— By Electric Telegraph— Copyright SYDNEY, 16th January. Industrial shares on ’Change to-day were generally firm, but both pastoral and mining shares were neglected. Sales included: —Bank of New South Wales, £3O 10s; Commercial Bank of Sydney, £2l ss; Bank of Australasia, £9 4s; British Tobacco, £2 9s; Tooths and Co., £2 15s; Tooheys Ltd. £1 12s 6d; G. J. Coles £4; Australian Glass, £5 11s; Farmers Ltd., £1 9s 3d; Anthony Hordern 14s lOd; Mort’s Dock 15s; Washington H. Soul, £4 10s; Associated News, prfe., £1 3s lid; William Adams, 15s 6d; Standard Cement. £1 2s 6d; Paul and Gray, £1 2s; Woolworths Ltd. £1 Is; Cash Orders, 16s; Felt and Textiles £1 12s 9d; United Provisions, 7s 7d; Mount Morgan 10s Id: Mount Lyell £1 7s. Morning sales included: Commonwealth bonds, 4 per cent., 1953, ex div., £lOl 12s 6d; 4 per cent., 1955, £lO2 15s; Commercial Bank of Sydney, £2l ss; Bank of New South Wales, £3O 10s; Tooths Brewery, 555; Broken Hill Proprietary, 56s 3d; Dunlop Perdriau, 20s 9d; Lustre, pref., 24s 6dMELBOURNE, 16th January. On the Stock Exchange of Melbourne

to-day the demand for Commonwealth bonds was still the strongest feature of the market. Investments were steady, with G. J. Coles well taken at round 80s. Sales included: —Commercial Bank of Australia. 15s 4d: E.S. and A. Bank. £5 Is; National Bank, £5 paid. £6 12s; Australian Paper Manufacturers, pref., £1 5s 3d; Cox Bros.. Us 9d; G. J. Coles, £4; Melbourne Investment Trust, 10:s Id; Australian Glass. £5 11s; Dunlop Perdriau, £1 0s lOd; Felt and Textiles, £l 12s 3d; Herald and Times. £2 19s 6d; Hume Pipe, 19s 6d; Associated Pulp, £1 3s 6d; Electrolytic Zinc. £2 6s 6d; ditto, pref.. £2 10s; Mt. Morgan, 10s 2d; Broken Hill Pproprietary, £2 16s 6d; ditto, new issue, £2 4s; Broken Hill South. £1 7s; Loloma Mines, £1 0s 7d.

ADVERSE TRADE BALANCE LONDON, 15th January.

Owing to a reduction in imports, Britain’s adverse trade balance in 1938 was £387.946,000, or £43,353,000 lower than in 1937. Imports decreased £107.386 842 to £920,437,856. Exports totalled £470,883,489.

WELLINGTON STOCK EXCHANGE MONDAY, JANUARY 16, 1939. Buye hellers £ a. d £ s. d \ Z. GOV 1. I.OANS3£% Inscr. Stock, 15/3/1939-43 ..* 3J,% inscr. Stock, 99 0 0 — 15/9/1939-43 ...* 97 0 0 — ,5$% inscr. Stock, 15/3/1941-43 ...* 3£% inscr. Stock, 97 0 0 15/9/1941-43 3£% Inscr. Stock, 97 0 0 15/5/1939-52 ...* 3£% Inscr. Stock, 97 0 0 97 5 0 15/11/1941-52 ...» 3£% Inscr. Stock, 97 2 6 — 15/5/1941-52 ...» 3|% Inscr. Stock, 97 2 6 15/11/1938-52 ... 97 0 0 — i'Ji Inscr. Stock, 15/2/1943-46 98 0 0 — 4V-, Insci stock. 15/4/1946-49 98 2 6 — 4';., Inscr. Stock 15/5 1949-52 . ... 96 15 0 — 4% Inscr. Stock, 15/6/1952-55 96 12 6 — ♦Tax free to first date, then 4 per cent. optional maturity three years prior to final date. B A N K S— Australasia 9 18 0 Com. of Aust. (ord.)* 0 15 0 — Eng., Scot., & Aust. 5 4 0 5 9 0 New Zeatand New Zealand, D Long 1 19 7 2 0 0 1 5 0 FINANCIAL— N.Z. Loan and Merc. London Reg 35 0 0 General Finance GAS— 0 18 6 0 19 3 Auckland (cortrib.) 0 12 9 — Wellington (ord.) ... 1 10 6 National of N.Z. ... 0 15 3 - MU.At »'RE>EHVh\ 0 13 0 N.Z. Uefris;. '£!) ...» 0 17 6 VVgtn. Meat Export 0 7 9 — N.Z. Refrtg. (10s) * 0 7 6 0 7 11 TRANSPORT — Kelburn Tram, (ord.) — 1 3 0 WOOLLENBond’s Hosiery Mills 0 15 6 — 0 13 0 Wellington (ord.) ... 4 8 6 4 13 0 Wellington (pref.) ... 4 10 0 — TIMBER— Leyland-O’Brien _ 0 16 0 0 <3 Rotoiti (pref.) _ 0 16 6 Taupo Totara (ord.) 0 4 9 — BREWERIES— 3 7 6 N.Z. Breweries 1 18 6 — 2 7 6 MISCELLANEOUS— Anthony Hordern ... 0 16 1 Australian Glass ... 5 12 0 5 16 0 Broken Hill Pty. ... 2 18 0 — Burns, Fhilp, & Co. 2 13 0 — 0 Denhard (ord.) Dental and Medical 0 8 Supply — 0 13 0 Farmers’ Trading ... — 0 19 6 General Industries ... — 1 0 0 4 2 3 MacDuffs (ord.) 0 2 0 — 2 10 6 National Electric ... — 0 14 6 3 2 6 Taranaki Oil 0 9 6 United Provisions ... Wilson’s (N.Z.) 0 7 6 0 8 0 Cement Wool worths, tLd. — 0 16 0 (ord.) Wool worths (N.Z.) 1 1 9 — 0 19 3 Berlei (N.Z.) MINING— - 3 9 0 0 11 0 Wailii Investments ... 0 8 3 0 8 9 AUSTRALIAN— Broken Hill South ... 1 8 0 1 9 3 Mount Lyell 1 7 6 1 9 6 Mount Morgan 0 10 0 0 10 7 OVERSEAS LISTINGSWool worth Holdings (South Africa) — 0 15 6 UNOFFICIAL LIST Buye s. Sellers £ 8. d. £ 8. d C. & A. Odlin (ord.) — 1 0 0 Frozen Products — 0 12 0 N.Z. Per pet. Forests 1 13 0 — R & E. Tingey, Ltd 1 0 6 Selfridges (A’sia.) Ltd. _ 0 11 0 Blackball Creek — 0 1 3 J. J. Niven 0 8 6 0 9 6 ♦Cum div.