STOCKS AND SHARES

Timaru Herald, Volume CXLII, Issue 20586, 27 November 1936, Page 16

STOCKS AND SHARES

YESTERDAY’S SALES

METALS MARKET United Press Association—By Electric Telegraph—Copyright (Received November 26. 5.5 p.m.) LONDON, November 25.

SYDNEY WHEAT PRICES (Received November 26, 9.20 p.m.) SYDNEY, November 26. Wheat, in the country, is quoted at 4 3’, which is equal to about 4/103, ex trucks, Sydney. Bagged grain is quoted at 4 11. Other prices are:— Flour, £l2/5/-. Bran and pollard, £7. 5/-. Potatoes (Tasmanian), £l6 to £lB. Onions (Queensland), £2B; silverskins Maize (yellow). 5 - a bushel. BANK KATE FALLS REDUCTION IN SWITZERLAND I Received November 26. 5.5 p.m.) BERNE. November 25. The National Bank of Switzerland has reduced its discount rate from 2 per cent to 11 per cent.

AUSTRALIAN STOCK EXCHANGES 'Received November 26. 9.20 p.m.) SYDNEY. November 26.' The opening of the new Commonwealth Loan to-day caused a shrinkage in the volume of business. The investment market was again noticeably weaker. There was little interest in tin or mining shares. Morning Sales—

Melbourne Exchange Bonds and investments are about steady. There is a strong market for Barriers.

SYDNEY WOOL SALES United Press Association—By «lectrle Telegraph—Copyright (Received November 26, 11.0 p.m.) SYDNEY, November 26. At the wool sales 11,662 bales were offered and 10.834 sold, also 832 privately at the closing auctions of the series to-day. A very firm market ruled at late rates for all descriptions. Greasy merino made 293 d and comebacks made the season’s record of 273 d. PRICE OF MONEY IN LONDON United Press Association—By Electric Telegraph—Copyright (Received November 26, 5.5 p.m.) LONDON, November 25. London discount and short loan interest rates are:— Day to day loan, 13 per cent. Fine trade bills, three months, 2 to 23 per cent. Bank bills, three months 9.l6ths per cent. Bank bills, six months, 5-Bths per cent. Treasury bills, two months, 3 per cent. Treasury bills, three months, 13 per cent. New York call money, 1 per cent.

THE PRICE OF GOLD United Press Association —By Electric Telegraph—Copyright LONDON, November 24. The current price of gold is 142 1 an ounce. SALES POSTPONED United Press Association—By Electric Telegraph—Copyright LONDON, November 24. The wool sales were postponed today owing to fog. GOLDSBROUGH, MORT. Goldsbrough, Mort and Co., LtdSydney, stock and station agents, announce an interim dividend of 2 per cent., the same rate as for the corresponding period last year. Full dividend was brought to 7 per cent, by payment of a final of 5 per cent, in June. The 2 per cent, interim dividend will be payable In December.

AUCKLAND Sales on ’Change— V c d Bonds, 15/11 38-41, 3? p.c. . 100 10 0 Bonds, 15 4 46-49. 4 p.c. . 102 0 0 Stock, 15/2 43-46. 4 p.c. .. 102 0 0 Stock. 15/4 46-49, 4 p.c. .. 102 0 0 Auckland Harbour. 9,7/ 59, 4 ’» p.c. .. .. 106 7 6 Do. 9/7 60. 41 p.c 106 7 6 National Bank of N.Z 3 3 6 Union Bank 10 8 6 New Zealand Insurance .. 3 1 9 Loan and Mercantile .. .. 35 0 0 Auckland Gas 1 2 0 Do. (15/- paid) 0 15 0 Taupo Totara 0 9 4 Leyland O’Brien 1 1 6 Kaiapoi Woollen 0 14 3 Australian Glass 4 10 6 British Tobacco 2 5 0 Burns Philp 3 14 0 Claude Neon <N.Z.) .. .. 1 14 0 Colonial Sugar 43 0 0 Consolidated Brick 0 11 0 (2) 0 11 1 Fanners’ Trading (4) .. .. 1 0 9 Morts Dock 0 13 10 New Auckland Laundry .. 0 19 0 Golden Crown 0 6 6 0 6 3 Martha 0 19 4* Waihi Investment 0 12 4 0 12 5 Mount Morgan 0 15 10 Unofficial List— Selfridge’s <Australasia new) 1 18 3 Woolworths (Svdney) .. .. 7 14 6 7 13 0 7 12 6 DUNEDIN Sales ou ’Uiiange— £ 3. d. Bank of New Zealand .. .. 2 1 3 National Insurance 0 18 4 G. J. Coles 4 1 0 New Occidental 0 12 0 Woolworths (N.Z.) ord. 7 17 0 Rawang Tin 0 11 0 Big River 0 2 0 Paddv’s Point (3) 0 2 6 Sandy Creek 0 1 7 stock, 1043-46. 4 p.c 102 5 0 Unofficial List— Woolworths (Westralla) .. 6 17 6 CHRISTCHURCH Morning Call Sales on ’Change— c s. d. 200 Goldsbrough Mort (cum div.) 1 16 3 1 16 0 100 N.Z. Breweries (cum d.) 2 12 8 50 British Tobacco 2 4 11 100 Dunlop Rubber 0 17 8 200 Morts Dock (2) .. .. 0 13 8 100 Millaquin Sugar .. .. 2 3 0 50 Woolworths (N.Z. ord. cum. div. and rights) . 7 11 0 7 8 6 200 Rawang Tin (2) .. .. 0 10 11 Unlisted Stocks — 50 Woolworths (Syd. ord.) (2) 7 14 0 Afternoon Call Sales on ’Change— £ s. d. 125 Comm. Bank of Aust. 0 19 3 200 Goldsbrough Mort (2) 1 16 5 200 N.Z. Breweries (ex d.) 2 15 0 50 British Tobacco .. . 2 3 11 50 Electrolytic Zinc (ord.) 2 6 9 50 Do. (pref.) 2 3 6 100 General Industries .. 0 18 2 £100 N.Z. Farmers’ Co-op (4i p.c. Stock. 1939) .. 95 0 0 25 Woolworths (N.Z. ord. cum. div. and rights) .. 7 4 0 100 Mount Lyell 1 17 0 400 Mount Morgan (4) .. 0 15 9 Sales Reported— 109 Auckland Gas 1 2 100 Broken Hill Proprietary (ex. div.) 4 0 6 200 Shillings, Ltd 0 18 2 0 18 1 100 Mount Lyell 1 17 1 50 Placer Development (c. div.) 4 17 0 Unlisted Stocks — 200 Woolworths (Syd. ord.) (8) 7 13 0

WELLINGTON Sales on ’Change— £ s. d Goldsbrough Mort 1 16 9 N Z Breweries (2) 2 12 6 Milburn Lime 2 2 0 G. J Coles 4 0 9 Union Bank <2) 10 7 6 Christchurch Gas 1 6 9 Broken Hill 4 1 0 Booth McDonald (pref.) .. 0 2 2B Colonial Sugar 42 17 6 Consolidated Brick (3) 0 11 0 Edments, Ltd 2 10 0 Electrolytic Zinc (ord.) .. 2 7 IB Mount Lyell 1 17 0 Mount Morgan 0 15 11 0 16 0 Dental and Medical .. .. 0 10 0 Waihi Investments 0 12 5 Unofficial List— Woolworths (Sydney) (2) . 7 16 6 < 2 > 7 15 0 (3) 7 14 6

Metal quotations— Copper— £ s. d. Standard, spot .. .. .. 43 17 6 Ditto, forward .. .. .. 44 5 7i Electrolytic .. 48 10 0 .. 49 0 0 .. 49 0 0 Lead — .. 23 3 9 Forward .. 23 3 9 Spelter— Spot .. 16 17 6 Forward • • Tin— Spot Forward .. 233 .. 233 7 6 2 6 Silver— Standard, per oz. .. 1 1-16 Fine

Bonds — 3} p.c., 1948 £ s. 94 12 d. 6 3S p.c.. 1949 97 0 0 4 p.c.. 1938 102 10 0 4 p.c., 1953 101 17 6 4 p.c., 1957 .. .. 100 12 6 4 p.c.. 1959 .. 100 11 3 Tooheys 1 15 44 Anthony Hordern 0 19 14 Associated News 1 4 0 Aust. Iron and Steel (pf.) 1 6 44 British Tobacco 2 5 9 Broken Hill Proptv mew) 3 10 0 Electrolytic Zinc 2 7 3 General Industries 0 18 104 Morris Hedstrom 1 7 6 Afternoon Sales— Bank of New South Wales 36 0 0 Commercial Bank of Aust. 0 19 44 National Bank <£10 paid) . 15 15 6 Howard Smith 1 1 6 Australian Gas “A” .. .. 7 7 6 Tooths 2 15 9 Goldsbrough 1 16 9 Morris Hedstrom 1 7 6 Millaquin Sugar 2 2 6 Lustre 1 4 6 W. H. Souls 4 9 6 Kandos .. 1 3 3 General Industries 0 18 104 Do. <New T Zealand Delivery 0 18 9 General Industries <pref.) 1 2 9 Woolworth (buver) 7 11 0 • seller) 7 14 0 Mount Lyell 1 17 0 Kuala Kampar 0 18 0 Rawang 0 11 0 Larut 0 14 10 Emperor 0 18 14

Commercial Bank of Aust. . 0 19 7 Howard Smith 1 1 7 British Tobacco 2 5 9 Carlton Brewery 3 2 9 Coles 4 0 9 Dunlop Perdriau 0 17 11 Goldsbrough 1 17 0 Mount Morgan 0 15 11 Mount Lyell 1 17 H Broken Hill Proprietary .. 4 1 0 North Broken Hill 12 6 0 South Broken Hill 7 14 0 Zinc Corporation 5 17 0 Emperor 0 18 1 Lolcma 1 3 6 Sulphide Corporation .. .. 0 18 0 Kauri Timber 1 4 8 Gordon and Gotch 2 13 9