STOCKS AND SHARES

Timaru Herald, Volume CXLIII, Issue 20897, 29 November 1937, Page 16

STOCKS AND SHARES

NEW ZEALAND STOCK EXCHANGES CHRISTCHURCH

MINING NEWS By Telegraph—Press Association GERYUffOUTII Nov. 27. The Argo return was 760 z for 180 hours’ work. WELLINGTON, November 27. The Murchison-Matakl junction return for the week was 48oz. smelted gold for 130 hours’ work. DUNEDIN, November 27. The Gillespie’s Beach washup was 440 z 7dwt for 114 hours’ work. PRICE OF GOLD United Press Association—By Electric Telegraph—Copyright LONDON, November 27. The price of gold is £7 per fine ounce. ENGLISH MARKETS United Press Association—By Electric Telegraph—Copyright LONDON, November 27. Friday’s closing prices were:— Cotton: Spot 4.64 d, December 4.51 d per lb. Rubber: Para 7id per lb; Plantation smoked 7 l-Bd. per lb. Jute: December-January £2O Is 3d. Copra: December-January South Sea, £l2 7s 6d a ton; smoked £l2 7s 6d a ton; Plantation Rabaul, £l3 2s 6d a ton. Linseed oil, £2B 10s a ton. Turpentine, 31/- per cwt. Wheat: Liverpool futures are quoted as follows: December 7/74 per cental; March 7/7i per cental; May 7/7 1-16 per cental. LONDON WOOL SALES Dalgety and Co., Ltd., have received the following advice from their London office: Wool sales closed active with brisk competition. Home trade principal operators but Continent operating more freely for merino. As compared with closing rates of last series: Greasy merino 3ld to 4d lower, scoured 4id to sid lower, greasy halfbred 3Jd to 4d lower, scoured 4Jd to 5d lower, greasy crossbred, fine, med. and coarse 4d to 4Jd lower, scoured crossbred 4d to 5d lower, slipes, all descriptions ssd to 6d lower. Following is a range of prices realised at our last wool sale:—Merino, good to super 1/14 to 1/4, low to medium lOd to 11/, halfbred 56/58 good to super 1/2 to 1/3J, low to medium IOJd to H//i, 50/56 good to super 1/to 1/2, low to medium lOid to Hid, fine crossbred 48/50 good to super Hid to l/oi, low to medium lOd to Hid, 46/48 good to super Hid to l/oi, low to medium 93d to lid, crossbred 44/46 good to super Hid to l/oi, low to medium 9ld to Hd, 40/44 good to super lid to 1/-, low to medium 9Sd to 10id, coarse crossbred 36/40 good to super Hd to 1/-, low to medium 9id to lOid.

Sales on ’Change— £ s. d. 100 Goldsbrough Mort 1 10 0 200 N.Z. Breweries (3) 2 4 0 50 Broken Hill Propty. .. 2 19 6 500 Broken Hill Ppty. (rights), (6) 1 7 8 (2) 1 7 7 300 Electro. Zinc (ord> .. 2 4 5 2 4 6 (2) 2 4 8 100 Electro. Zinc (pf.) .. .. 2 7 0 150 G. J. Coles 3 18 6 3 18 9 300 Woolworths (Syd.) (ord.) 1 13 6 (2) 1 13 5 500 Mount Lyell (6) .... I 11 9 250 Mount Morgan 0 11 44 (2) 0 11 5 Sales Reported— 100 Electro. Zinc (ord) .... 2 4 3 100 Grey River (7/6 paid) 0 9 5 AUCKLAND Sales on ’Change— £ s. d. Stock, 15/153-57 3* per cent. 98 7 6 Standard Insurance .. .. 2 19 6 Auckland Gas 1 1 0 McKenzies (rights) .. .. . 2 0 8 Electro Zinc (ord.) .... •• 2 4 9 Nokomai 0 1 11 Martha 0 12 3 Kuala Kampar 0 18 3 WELLINGTON Sales on ’Change— £ S. d. G. J. Coles 4 1 0 Electro. Zinc 2 4 6 Woolworths 1 3 6 Stock, 4 per cent. 1946-49 .. 103 0 0 Unofficial List— Westland Breweries (10/paid) 1 0 3 DUNEDIN Sales on 'Change— £ s. d. Bank of New' Zealand .. .. 2 4 6 Woolworths (Sydney) .. 1 3 0 N.Z. Breweries 2 5 0 North Broken Hill .. .. .. 2 10 0 Sales Reported— Argo Gold 0 1 10 G. J. Coles 3 18 0 North Broken Hill .. .. 2 8 6 2 8 5 SYDNEY STOCK EXCHANGE ——- United Press Association—By Eectrle Telegraph—Copyright SYDNEY, November 27. Sales to-day were: £ s. £ Bonds, 1938 103 2 Bonds, 1941 101 18 3 Bonds, 1944 102 2 6 Bonds, 1961 104 11 3 Tooths (N.Z. del.) 2 12 6 British Tobacco 2 10 0 Broken Hill Propty 3 0 9 (rights) 1 7 6 Dunlop Perdriau 1 2 0 Electro. Zinc 2 5 6 Felt and Textiles 1 15 3 General Industries 0 18 74 Goldsbrough Mort 1 11 0 Howard Smith .. .. .. .. 0 19 9