STOCK AND SHARE MARKET

Nelson Evening Mail, Volume LXXII, 31 January 1939, Page 10

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE MONDAY, 30th JANUARY, 1939.

A. li Khlm.hi SlmrebruUnr, Cuuuti> Member of llie Wellington Stork K.\ change. K. S D. Edwards Ltd . Ibiihiinm. lrafalgur Street. I elepbeme lUci

I‘. G. 'J wish, Sharebroker, C'uunli, Member ol Wellington Stock luchnng* 103 I rufalgar Street Telephone 4 il, D E. Hu relay, Sharebroker and Invent iiient '•onsultant. Norwich I moil Chan, berr. Hardy Street. Telephone 1146

HIGH COMMISSIONER’S REPORT The Department of Agriculture has received the following cablegram from the High Commissioner for New Zealand, dated 27th January: Tallow.—Rather more business passing. Present spot quotations are: Mutton. fine, 24s 6d to 255; good. 21s to’2ls Gd; fair. 16s 6d to 17s. Beef: Fine. 20s Gd to 21s: good. 18s; fair. 16s to 16s Gd. Mixed: Good. 18s: fair, 16s to 16s Gd: j gut, 14s to 15s 6d. Mutton: Dark to dull, 14s to 15s 6d. I Hemp.—Manilla: Market quiet but j steady at the decline; "K” grade Janu- | ary/March shipments sold down to £lB 10s. Sisal: Market firm; early this week sold £l7 2s Gd, now quoted sellers February.'April shipments, £l7. New Zealand: Nothing to report in the absence of offers. Peas,-—Maples: Market firm. Prices have advanced. No. 1 New Zealand: March/April shipment, sold 54s to 58s; later. 59s Gd. Tasmanian: Very little offering at present. "A” grade Tasmanian: February/March shipment resale. ! 61s to 645. Shippers are asking 675, : which is above buyers’ ideas. LONDON BUTTER MARKET (U.P.A.- By Electric Telegraph—Copyright] LONDON. 29th January. The butter market continues quiet after heavy purchases. The cheese market is inactive. By arrangement with the Primary Products Marketing Department the following information of the London market is supplied : Butter. Jan. 27. Jan. 20. N.Z., salted 124/-to 125/- 125/-to 126/unsaltcd 126/-to 128/- 127/-to 128/Aust. salted 119/-to 121/- 121/-to 122/Unsalted 122/- to 124/- 124/-to 125/Danish, spot - 138/-to 140/Polish, salted & unsalted - / African 116 -to 118/- 118/-to 120/Dutch, unsalted 124/- 122/-to 124/Argentine. unsalted - 116/-to 118/- 1 Lithuanian, unsalted - New Zealand butter is selling retail at Is 3d per lb; Danish at Is sd. The market is quiet. New Zealand cheese commands 08s per cwt, a fall of Is Gd on the weeic Australian is selling 61s to 06s. Canadian white and coloured 72s to 74s and 80s to 82s for old season’s. English farmers’ cheese is quoted 86s to 96s and for factory 63s per cwt. New Zealand cheese is selling retail at 9d per lb.

Buyers. Seilers e a d. ij a. d N Z. UUV'l. LOANS 3% Jnscr. Stock, 15/7/1939-41 94 10 0 3*% J user. Stork, 15/3/1939-43 99 7 6 — 3|% Jnscr. Stock, 15/9/1939-43 99 7 6 — Tit Iiim;i Stock, 15/4/1946-49 100 5 0 4% Jnscr. Stock, 15,6: J 952-55 98 10 0 _ Max free to first date, then per ceut. optional maturity throe years prior to final date. OTHER DEIlENXURIitj— Gisborne Sheepfarmpis 101 15 0 HANKSAustralasia 9 1.3 0 Comm. of A ust. (ord.) * 0 15 11 0 16 o Coinm. of A ust. (pref.) * 9 11 0 — National of N.Z. .. — 2 7 3 Nat. of A’asia (£5) 6 18 0 New South Wales * 30 0 0 New Zealand 1 18 9 New Zealand D Long Term 1 5 0 Union of Aust. ...* 8 5 0 8 11 6 KIN ANi 1 A 1, Newton King (pref.) — 0 8 6 N.Z. Guarantee Corp 0 3 11 _ N.Z. Loan and Merc. (London leg.) ... — 35 0 0 General Finance ... — 0 18 6 Metropolitan Bldg. Wgtn — 0 12 0 Wright, Stephenson (ord.) 1 1 9 ( i AS— Auckland * — 0 19 6 Wellington (ord.) * 1 10 0 — m.aNi k— National of N.Z. 0 15 8 __ New Zealand * 2 14 0 MLA ! i*KE.-EK V ING— Gear Meat 0 11 5 N.Z. Refrig. (£1) * 0 17 3 N.Z. Refrig. (10s) * — 0 8 0 Wgtn. Meat Exp. 0 7 9 — IliANSl’im.l-. Kelburue Tram (ord.) — 1 3 0 WOOLLENBond’s Hosiery Mills 0 16 8 _ Kaiapoi 0 8 3 Manawatu — 1 2 6 Wellington (pref.) . 4 12 0 — Bruce 0 6 6 TIMBER— Levland-O'Brion ... 0 14 6 G 16 0 Rotoiti — 0 3 4 Rotoiti (pref.) ... — 0 16 6 Taupo Totara (ord.) 0 4 10 I1HKW TRIES— N.Z. Breweries . . — 2 1 3 Irmes — 1 3 6 • i El I.ANEOUS— Broken Hill Pty. ... 2 15 0 2 17 0 Burns, Philp, and Co — 2 14 3 Claude Neon Lights (N.Z.) - 1 1 0 Colonial Sugar 47 0 0 47 10 0 Consol. Brick and Pipe 0 8 0 — Denhard (ord ) — 0 8 0 Dental and Medical supply 0 13 0 Dominion Fertiliser — 1 2 3 Electro. Zinc (pref.)* 2 5 0 2 10 3 Farmers’ Trading ... — 0 19 6 G .1. Coles * — 3 19 6 Henry Jones Co-op. 2 8 6 — l.C.I. Aust. and N.Z. (pref.) 1 4 3 MacDuffs (ord.) 0 2 6 0 3 6 Mac Duffs (pref.) ... — 0 10 0 McKenzie’s — 2 9 0 N.Z. Newspapers ... — 1 11 0 Taranaki Oil — 0 8 2 United Provisions ... — 0 7 6 Wilson’s (N.Z.) Cement — 0 16 0 Wuolwovlhs Ltd. (ord.) 1 1 11 1 2 0 Wool worths, Ltd. (2nd pref.) * — 1 10 3 Wool worths (N.Z.) (wd.) — 0 17 10 Reid Rubber, N.Z. 1 1 0 _ Wool worths (Vic.) (pref) — 1 10 3 A ust. Paper Manuf. (Prof.) _ 1 6 3 Milne and Cliovce Deb. Stk — 0 15 0 MINING - Big River 0 1 1 Grey River 0 19 0 Martha 0 11 2 — Neinona 0 0 10 Waihi Investments . 0 8 0 — M SIR A LI AN — Mount Morgan .. 0 10 0 — Rawang Tin — 0 8 6 Wellington Alluvjals — 0 4 10 OVERSEAS LISTINGS— Woolworth Holdings (South Africa) ... — 0 15 1 UNOFFICIAL LIST Buyers. Selle/fc £ a. ± Woolworths Properties, Ltd 1 6 3 4J<*o. W. Wilton and Co. (pref.) — 1 1 6 N.Z. Perpetual l* orests 1 13 3 It & E. Tinge.y, Ltd. (ord.) - 1 0 6 Selfridges (A’usia), Ltd 0 11 0 Woolworths (W.A.), Ltd 4 8 0 Wgtn. Publishing ... — 4 10 0 *Cimi div.