STOCKS AND SHARES

Timaru Herald, Volume CXLIII, Issue 20891, 22 November 1937, Page 16

STOCKS AND SHARES

FOREIGN EXCHANGES United Press Association -By Electric Telegraph—Copyright LONDON, November 20. Foreign exchange quotations are: Dollar 5.00 11-16 to the pound, franc 147 5-32 to the pound. PRICE OF GOLD United Press Association—By Electric Telegraph—Copyright LONDON, November 20. Gold is quoted at £7/0/0 per fine ounce. LAMB EXPORTS A telegram from Auckland states that the export schedule of prices for lambs on the hooks at the Southdown Freezing Works are to be maintained for this week’s killings at 9d per lb up to 421 b, and 81d over 421 b and for seconds. These rates are the same as those in force last week. The cold squally weather has caused the killings last week to be disappointing. Better results are expected in the current week, but it is already apparent that the flush of the season will not be reached till well on in December. The total killings in the Auckland Province to this date are substantially lower than at this period last year, when the conditions were more favourable. In spite of this a good season is expected. The lambs so far have killed out well when they have been well drafted.

LONDON WOOL SALES Dalgety and Company, Ltd., are in receipt of the following advice from their London office: Wool sales continue with wider competition, but prices are unchanged. ENGLISH MARKETS Friday’s closing prices were:—Cotton: Spot 4.55 d December, 4.39 d per lb. Rubber: Para 7 5-8 d per lb, plantation smoked, 6 15-16 d per lb. Jute: November-December £2O 12s 6d. Copra: November-December South Sea, £l3 2s 6d a ton; plantation Rabaul £l3 12s 6d a ton. Linseed oil, £29 5s a ton. Turpentine, £3l 6s a ton. Wheat: Liverpool futures are quoted as follows: December, 7/10 15-16 per cental; March,- 7/8 3-8 per cental; May, 7/8 3-8 per cental.

NEW ZEALAND STOCK EXCHANGES CHRISTCHURCH Morning Call Sales on 'Change— £ s. d. 4 7 9 99 Broken Hill Propty. (rights), (odd lot) .. .. 1 8 0 300 Taranaki Oilfields (3).. 0 6 4 50 Grey River (7/6 paid) 0 9 5 100 Mount Lyell 1 14 3 1 14 4 SOO Mount Morgan (2) .. .. 0 11 4 Sales Reported— £700 Gisborne Borough, 4.1 per cent., 31/3/66 .. .. 105 0 0 90 G. J. Coles 4 7 0 (odd parcel) 4 6 9 ..Unlisted Stocks (Reported) — . 200 Whakatane Paper Mills 0 6 7 AUCKLAND Sales on 'Change— £ s. d Auckland Transport Brd. 1/4/44-49 41 p.c 102 10 0 Comm. Bank of Aust 0 17 0 United Bldg (Auckland) .. 1 0 0 Broken Hill Propty 3 0 6 3 0 3 (rights) 1 8 3 McKenzies (c.d.) 3 17 6 Wilsons Cement 0 18 6 Wool worths (Sydney) .. .. 1 7 0 Martha 0 13 4 Reid Rubber 1 9 0 Broken Hill South 1 16 0 WELLINGTON Sales on ’Change: £ s. d. Auckland Transport Brd. 44 p.c. 1/4/44-49 .. .. 102 10 0 Bank of New Zealand (“D” 1 9 6 E. S. and A. Bank .. .. 5 11 9 Commercial Bank 0 17 0 Electrolytic Zinc 8 6

DUNEDIN Sales Reported— Electrolytic Zinc (pf.) .... 2 8 3 Broken Hill South (2) .... 1 15 9 Alt. Lyell (3) .. .. .. .. 1 13 9 Electrolytic Zinc (ord. ) .. 2 6 0 Stock, 1930-43 3-i per cent. 101 5 0 SYDNEY STOCK EXCHANGE

United Press Association—By Electric Telegraph -Copyright SYDNEY, November 20. On the Stock Exchange this morning sales were (all 4 per cent.) Bonds, 1938 103 1 3 Bonds, 1941 108 18 9 Bonds, 1955 105 5 0 Bonds, 1959 103 7 6 Bonds, 1961 103 7 6 Comm. Bank of Sydney .... 21 J 0 Bank of New South Wales .. 33 0 0 Associated News 1 4 6 Anthony Hordern 0 18 6 British Tobacco 2 10 0 Broken Hill Proprietary (rights) 1 7 0 Electrolytic Zinc 2 6 0 Goldsbrough 1 12 3 Mauri Bros 3 8 0