COMMERCIAL NEWS

Nelson Evening Mail, Volume LXXII, 21 January 1939, Page 10

COMMERCIAL NEWS

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE FRIDAY, 20th JANUARY, 1939.

WHEAT AND FLOUR I D P A.—By Electric Telegraph—Copyriehti LONDON, 19th January. Wheat cargoes are steadier and parcels are firmer. Futures: London, March, 23s lOd a quarter; May, 23s 9d; Liverpool, old contract, March, 4s 3-8 d a cental; May, 4 3-8 d; new contract. March, 4s s£d; May, 4s 6£d: July, 4s 7d. The spot trade is quiet. Australian, ex store. 19s to 20s. Chicago wheat futures: May, 69 5-8 cents a bushel; July, 692 cents; September, 70 5-8 cents. BRITISH WAR LOAN RUGBY, 19th January. British 3J per cent. War Loan is quoted at £97 11s 3d. PRICE OF SILVER RUGBY. 19th January. Silver quotations are:—Spot, 20 7-16 d an ounce; forward. 193 d. BEET SUGAR PRICE LONDON, 19th January. Beet sugar is quoted at 6s 3Jd a cwt. BRADFORD TOPS MARKET LONDON. 19th January. The Bradford tops market is firm on <ne encouraging influence of the London sales, but is quiet.

LONDON WOOL SALES Messrs Dalgety and Company Limited report:—“London wool sales opened with a large attendance and fairly animated competition. Good selection. Home trade principal operators. Continent quiet. As compared with closing rates of last series: Greasy Merino, jd to |d lower; scoured merino, $d to Id lower; fine greasy crossbred, £d lower; medium and coarse greasy crossbred, 2d to id lower; scoured hlafbreds, id to 3d lower; scoured crossbred, 6d lower; slipes, par to |d lower.

Buyers. Sellers a s. d. £ a. d. N.Z. GOV'i. LOANS— 3% Inscr. Stock, 15/7/1939 41 94 0 0 _ 3£% Inscr. Stock, 15/3/1939-43 97 5 0 97 15 0 •3£% Inscr. Stock, 15/9/1939-43 97 5 0 3£% Inscr. Stock, 15/3/1941-43 97 5 0 _ •3£% Inscr. Stock, 15/9/1941-43 97 5 0 — Inscr. Stock, 15/5/1939-52 97 0 0 J}% Inscr. Stock, 15/11/1938-4] ... 97 0 0 98 10 0 4‘» Inscr Stock, 15/3/1940-43 97 0 0 _ 4*+-, Inscr. Stock. 15/2/1943-46 93 0 0 _ 4% Inscr. Stock 15/4/1946-49 98 15 0 99 5 0 4% Inscr. Stock, 15/6/1962-55 98 5 0 3|% Bonds 15/11/ 1938-41 98 0 0 *Tax free to first date, then 4 per cent. optional maturity three years prior to final date. DEBENTURES— 0 isborne Shecpfarmera 101 15 0 BANKSAustralasia _ 9 17 0 E.S. and A 5 5 0 5 9 0 National of N.Z. 2 7 0 2 8 0 New South Wales 30 10 0 New Zealand 1 19 6 1 19 11 Union of Aust. ...* — 8 13 0

M.NAN* 1A L - Newton King (pref.) 0 8 6 N.Z. Loan and Merc. Lond. Reg 35 0 0 General Finance ... — 0 18 6 W right, Stephenson (ord.) 1 2 0 Metropolitan Bldg., Wgtn 12 0 0 G AS— Auckland 0 19 3 Auckland (coutr.) 0 12 9 Wellington (ord.) ... 1 9 9 Wellington (pref.) . 1 2 3 — New Zealand ...* 2 11 6 _ M FA 1 »' K E> EIIV IN G— Gear Meat ... — 0 13 O' N.Z. Refrig. (10s) * 0 7 8 0 7 10 Wgtn. Meat Exp 0 7 9 1‘KAN SPORT— Kelburne Tramway (ord.) y. 1 3 0 WOOLLEN— Bond’s Hosiery Mills 0 16 6 Manawatu 1 3 0 Timaru _ 0 13 0 Wellington (ord.) ... 4 11 6 — Wellington (pref.) . 4 11 6 TIM BEHr— Kauri 1 2 6 1 4 0 Leyland-O’Brien ... 0 16 0 Rotoiti (pref.) 0 16 6 Taupo Totara (pref.) 0 19 0 BREWERIES— Dominion 1 11 0 N.Z. Breweries 2 0 3 2 1 0 UIM’IM i.ANEODS— Anthony Hordern . 0 16 2 British Tobacco (Aust.) 2 8 6 Broken Hill Ptv. 2 17 3 2 17 9 Burns, Philp, and Co Claude Neon Lights (N.Z.) 2 13 3 1 1 6 Colonial* Sugar — 48 5 0 Consol. Brick and Pipe 0 7 9 0 8 0 Denhard (ord.) 0 5 0 0 8 0 Dental and Medical Supply 0 13 0 Dominion Fertiliser 1 3 6 Dunlop-Perdriau ... 1 0 10 Electro. Zinc (ord.)* 2 6 9 2 8 0 Electro. Zinc (8 p.c part pref.) * 2 10 s farmers’ Trading ... 0 19 0 General Industries . 1 0 3 G J. Coles * _ 4 2 9 I.C.I. Aust. and N.Z. (pref.) 1 3 b MacDuffs (ord.) 0 2 6 0 4 0 MacDuffs (pref.) ... _ 0 11 0 Morns Hedstrom ... 1 9 6 National Electric 0 14 6 Taranaki Oil . .. 0 7 0 _ Lnited Provisions . 0 7 0 0 8 0 Wilson’s (N.Z.) Cement 0 16 0 Wnolworths, Ltd. (ord.) 1 1 10 Wool worths (N.Z.) (ord.) 0 19 0 Berlei (N.Z.) 3 9 0 Reid Rubber (N.Z.) 1 1 0 Mort’s Dock 0 16 3 David Jones (1st pref.) 1 6 b M 1 N 1 \ G — Big River a.... 0 1 1 Grey River 0 17 3 0 18 0 Martha 0 11 2 — ■\ 1 KTRALI AN — Broken Hill South 1 8 6 Mount Lyell _ 1 9 3 Mount Morgan 0 10 1 Wellington Alluvials _ 0 5 0 Triton 0 9 3 — OVERSEAS LISTINGS— Wool worth Holdings (South Africa) ... 0 15 1 _ UNOFFICIAL LIS'J Sellers £ 8 d B 8. d W'oolworths Proper1 5 6 1 7 0

Frozen Products, Ltd — 0 12 0 N.Z. Perpetual Forests 1 13 6 R & E. Tingey, Ltd. (ord.) — 1 0 6 Selffidges (A’asia), Ltd. 0 9 0 0 11 0 VVoolworths (W.A.), Ltd — 4 8 0 Blackball Creek ... — 0 1 3 *Cum div. fEx div.

Recent quotations are:— Merinos Dec. Dec. Dec. Jan. Jan. Jan. 15. 22. 29. 5 12. 19. d. d. d. d. d. d. Seventies 27 26* 26* 26 26 26 Sixty-fours 25 25 25 25 25 25 Sixties 24 24 24 24 24 24 Fifty-eights Crosbreds 21* 21* 21 21 21 21 Fifty-sixes 19* 19* 19* 19 19 19 Fifties . 17 17 17 17 17 17 *16 *16 •16 ' *16 *16 •16 Jorties *16 *16 *16 *16 *16 •16 •Nominal.