STOCK AND SHARE MARKET

Nelson Evening Mail, Volume LXXII, 18 April 1939, Page 10

STOCK AND SHARE MARKET

WELLINGTON STOCK EXCHANGE

IIIIHIIIIII!llimillllllllll|IIIIHIIIIIll|)i 1 ' DAIRY PRODUCE IN LONDON The Dairy Board, by arrangement vith the Marketing Department, reports that at the close of business in London on Saturday the New Zealand butter market had an “improved demand at the end of the week,” retail prices unchanged. Prices quoted for salt butters, with those of the week before, were as follows : April 6. April 15. Per cwt. Per cwt. New Zealand 114 s H4slollss Australian 113 s 112 s to 113 s Danish, spot 132 s to 133 s 126 s to 127 s Polish 109 s to Ills 107 s South African 106 sto 110 s 105 sto 109 s Unsalted butters were quoted: New Zealand 118 s, Australian 115 s, Polish 107 s, Lithuanian 114 s, Dutch 105 s to 107 s. and exceptional 110 s. Retail price for New Zealand butter Is 2d per lb; Danish, Is 4d per lb. The New Zealand cheese market was described as "steady.” Prices quoted for cheese compare as follows:

April 6. April 15. Per cwt. Per cwt. N.Z. while and coloured GOs 60s AustralianWhite *s2s to 55s 52s to 56s Coloured (not quoted) 54s to 58s I Canadian— White 71s to 73s 70s to 74s Coloured 71s to 73s 70s to 74s English Farmers’

finest 88s to 100 s 88s to 100 s | South African cheese was selling 50s j to 56s white and 50s to 54s coloured. ! New Zealand cheese continues to sell 1 retail at 8d per lb. NATIONAL INSURANCE DIVIDEND I Unite.) PreHf Association! DUNEDIN, 17 April. | The directors of the National Insurance Company of New Zealand. Limited, have declared an interim dividend j of four pence a share for th- half-year ended 31st March, payable on 16th May. j The interim dividend is at an un- j changed rate. The final dividend is usually 5d a share, making a total of 9d | a share for the year, equivalent to 10 j 5-7 per cent. SYDNEY WOOL SALES SYDNEY. 17th April. j The Sydney wool sales were resumed I to-day A total of 10.014 bales was of- j fered, 8310 being sold at auction and ! 1748 privately. Compared with the* closing sal's prior to the Easter recess, best wools ruled at about par. while average to inferior sorts were 5 per cent, lower. Carbonising wools were unchanged. There was good competition, mainly from Yorkshire, the Continent and Japan. CLUTHA GOLD DREDGE RETURN DUNEDIN, 17th April. For the week ended last Friday, the Clutha dredge, working at Alexandra, recovered 110 ounces in 100 hours. A. B. Ridsnri, Sharebroker, Country Member of the Wellington Stock Exchange, F. & 1). Edwards Ltd.. Buildings. Trafalgar Street. Telephone 208. F. G. Twins, Sharebroker, Country Member of Wellington Stock Exchange. 105 Trafalgar Street Telephone 427. D. E. Barclay, Sharebroker and Invest rnent Consultant, Norwich Union Cham, hers, Hardy Street. Telephone 1145.

Buyers. Sellers. £ s d £ s. d. 1"., Bonds. 15 2/ | 15/4-19-16-49 ...+ 99 5 0 i I'.’b loser. stock, 15/6,1952-55 98-10 0 99 5 {) i 4, Iriser. {Stock, | 98 5 0 LOCAL BODIES DEBENTURES Auckland ( ity, p.c., 1/1/44-51 ... 100 Auckland City 4i 5 0 P-c., 1/1/44-58 ... 100 Eastbourne Boro., 5 0 4J p.c., 15/12/1946 Eastbourne Boro., — 100 0 0 H p.c., 15/12/1946 Eastbourne Boro., 4£ — 100 0 0 p.c , 15/12/1347 ... Eastbourne Boro., 4^ — 100 0 0 p.c., 15/12/1956 ... BANKS— Comm. of Aust. 100 0 0 0 16 Eng., Scot., and New Zealand * 1 New Zealand D Long 18 2 1 18 4 Term * — 1 6 9 Union of Aust — 8 3 0 FINANCIAL— Equitable Bldg. Co. 0 Equitable Bldg. Co., 9 11 - Perp. Deb. Stock . National Mortgage — 0 18 3 ‘•B” __ 1 5 0 Newton King (prof.) Wgtn. Invest. T. & 0 8 0 A — 0 9 5 Wgtn. Trust Loan . — 5 1 0 General Finance ... _ 0 18 3 Metropolitan Bldg.... 10 15 0 __ Inited Bldg., Auck., 0 GAS— Wellington (ord.) ... — 1 10 6 Wellington (pref.) ... — 1 3 2 0 14 INSURANCE— National of N.Z. ... 0 15 6 _ New Zealand 2 12 3 South British 2 MEAT PRESERVING— 4 6 - Gear Meat 0 13 3 N.Z. Refrig. (10s) ... 0 TRANSPORT6 5 - Kelburne Tramway (ord.) — 1 3 0 WOOLLEN — Bond’s Hos. Mills... 1 0 A Wellington (ord.) ... __ 5 2 6 COAL— Westport 1 1 0 TIMBER — Rotoiti 0 2 6 Rotoiti (pref.) — 0 16 6 Jaringamutu 0 12 6 — BREWERIES— N.Z. Breweries 1 MISCELLANEOUS — Aust. Consol. In17 0 - Bris. Tob. (Aust.)* 2 7 9 _ Burns, Philp & Co. 2 Claude Neon Lights 12 0 — (N.Z.) — 1 0 0 Colonial Sugar 47 10 0 — Consol. Brick & Pipe — 0 8 10 Dental and Medical Dominion Fertiliser MISCELLANEOUS— Aust. Consol. Indus- ~ 1 5 0 tries 1 British Tobacco 11 6 — (Aust.) * 2 Burns, Philp, and 7 9 — Co 2 12 0 — Claude Neon Lights (N.Z.) — 1 0 0 Colonial Sugar 47 Consol. Brick and 10 0 — 0 10 Dental and Medical 0 1 Dominion Fertiliser _ 5 0 Felt and Textiles . 1 G. J. Coles (cum 10 6 — 0 Howard Smith (ord.) 0 18 0 _ MacDulTs (ord.) — 0 2 11 McKenzie’s 2 1 0 — Moturoa Oil — 0 4 6 Taranaki Oil — 0 9 6 United Provisions . 0 Wilson’s (N.Z.) 7 0 15 9 Woolworths, Ltd. (ord.) t 1 Woolworths (N.Z.) 2 3 (ord.) t 0 17 3 — By crofts, Ltd Whitcornbe & Tombs __ 2 0 0 Donaghy’s Rope ... 2 4 0 — 13 0 Berlei (N.Z.) MINING — 3 5 0 Maori Gully 0 0 6 0 0 11, OVERSEAS LISTINGS— Woolworths Holdings (South Africa) ... 0 14 10 UNOFFICIAL LIST Buyers. Sellers £ s. d. £ s. d. Woolworths Proper- _ 1 6 0