STOCKS AND SHARES

Timaru Herald, Volume CXLV, Issue 21089, 15 July 1938, Page 16

STOCKS AND SHARES

NEW ZEALAND STOCK EXCHANGES CHRISTCHURCH Morning Call

AUSTRALIAN STOCK EXCHANGES United Press Association—By Electric Telegraph—Copyright (Received July 14, 9.20 p.m.) SYDNEY, July 14. Business was restricted on the Stock Exchange to-day with a weaker tone, especially in Industrials. Sales: £ s. d. Bank of Adelaide 6 2 0

SHARE QUOTATIONS. United Press Association—By Electric Telegraph —Convrlght LONDON. July 13. London share quotations Clutha River, buyers 10}d, sellers 1/15; Moiyneaux River, buyers lOid, sellers 1/I}. FOREIGN EXCHANGE QUOTATIONS. United Press Association—By Electric 1 c!°CTaph —Cop vrlgh t LONDON, July 13. Foreign exchange quotations are— Dollar, 4.93 to the pound; franc, 178 7-16 to the pound; guilder, 894 to the pound. WAR LOAN. United Press Association—By Electric Telegraph —Copyright LONDON, July 13. British War Loan, 3} per cent, £lO3/3/9. PRICE OF GOLD United Press Association—By Electric Telegraph —T'ocvrlaht LONDON, July 13. The current price of fine gold 11 141/2} per ounce. SILVER MARKET United Press Association—By Electric Telegraph - Copyright LONDON, July 13. Silver quotations—Spot, 198 d per ounce; forward, 20®d per ounce. HIGHER AGAIN LONDON STOCK MARKETS United Press Association—By Electric Telegraph —Copyright (Received July 14, 2 p.m.) LONDON, July 13. Recover}* on Wall Street is imparting a brighter tone to London markets. Commodities are firmer.

Sales on ’Change: £ s. d. 400 Comm. Bank of Aust. .. 0 16 5 (3) 0 16 4 25 E.S. and A. Bank .. .. 5 3 6 100 Goldsbrough Mort 1 8 6 100 Felt and Textiles .. .. 1 14 0 200 Westport-Stockton Coal (pref.) 0 6 6 150 Broken Hill Propty. .. 2 19 8 9 19 7 200 Broken Hill Propty. (contr.) 1 16 o 1 16 3 400 Electro. Zinc (cum div) 2 3 8 (2) 2 3 9 (2) 2 3 8 100 G. J. Coles (2) .. .. 4 9 100 Taranaki Oilfields .... 0 13 2 200 Woolworths (Syd., ord) (2) 1 2 1 250 Mount Lyell (2) .. .. 1 8 (2) 1 8 5 200 Mount Morgan (cum div) (2) 0 10 8 Sales Reported— 100 Woolworths (Syd., ord.) (late sale yesterday) .. 1 2 3 Afternoon Call Sales on ’Change— £ s. d. 200 Comm. Bank of Aust. • (2) 0 16 4 100 New Zealand Breweries (2) 2 3 3 400 G. J. Coles (4> .. .. 4 6 600 Taranaki Oilfields (2) 0 13 5 (3) 0 13 6 100 Woolworths (Svd., ord) 1 2 0 500 Mount Lyell (2) .. .. 1 8 2 (6) 1 8 1 200 Mount Morgan (cum div.) (2) 0 10 85 50 North Broken Hill .. .. 8 0 Sales Reported— £200 N.Z. Govt. Inscr. 1943-46 102 10 0 200 Union Steam (pf.) .... 1 6 3 100 Yarra Falls 1 18 6 100 Paper and Pulp 14 6 100 Electro. Zinc (pf.) .. .. 9 7 1 100 Nestles (pf.) (9 per cent.) 1 17 6 AUCKLAND Sales on ’Change— £ s. d. Stock 15 6'52-55 4 per cent 102 5 0 Do. 15 3'39-43 35 per cent 100 5 0 Do. 15 11 38-52 35 per cent 101 5 0 Bank of New Zealand .. .. 9 3 8 (2 * 9 3 9 South British (2) o 6 3 Westport Coal 1 4 3 Dominion Breweries .. .. 1 15 6 British Tobacco 2 7 6 Broken Hill Propty 2 19 9 Colonial Sugar 46 7 6 Mort’s Dock 0 13 0 Taranaki Oil 0 13 3 0 13 4 0 13 6 Wilson’s Cement 0 18 0 Woolworths (Syd.) 1 2 0 Martha 0 11 10 Waihi Junction 0 2 10 Mt. Lyell 1 8 6 Mt. Morgan .. . 0 10 10 0 10 9 WELLINGTON Sales on Change— £ s d Stock 3 '39/43 35 per cent. (2) 100 5 0 Natl. Bank of N.Z. (3) .... 2 15 6 G. J. Coles 4 3 0 4 3 15 Cox Bros 0 16 6 Claude Neon (Syd.) .. .. 3 0 Comm. Bank of Austr. (3) j - 3 (2) 0 16 6 Dalgety and Co 8 3 0 8 3 15 Natl. Mortgage (“A") .... 9 3 6 Southland Frozen Meat .. 1 9 9 British Tobacco 2 7 6 Colonial Sugar 46 5 0 Electro. Zinc (ord.) .. .. 2 3 •> Taranaki Oil 0 13 1 Mount Lyell 1 8 6 Unofficial List— Woolworths Properties (10/- paid) (2) .. .. 0 14 0 DUNEDIN Sales Repo: Led — £ s. d. G. J Coles (2) 4 i 9 4 2 3 Sales Reported— Mt. Morgan 0 10 11 Bank of New Zealand .. .. 2 3 8 Comm. Bank 0 16 6 Natl. Insurance 0 17 6 Union Steam Ship (pf.) .. 1 6 3 Natl. Mortgage (£2 pdi .. 2 3 6

Colonial Sugar 46 10 0 Associated News 1 0 6 Howard Smith 1 0 7 Burns Philp 2 14 0 British Tobacco 2 8 0 Tooths 2 14 9 Tooheys 1 10 71 G. J. Coles 4 3 0 Australian Glass 4 16 0 Dunlop Perdriau 1 2 6 (pref.) 1 19 9 General Industries 0 19 3 Cash Orders 0 18 6 Sargents 1 8 9 Goldsbrough 1 8 9 Millaquln Sugar 1 17 6 Fairymead Sugar 1 11 0 Producers General 0 7 3 Traders Finance 1 2 6 Electro. Zinc 2 4 0 Mt. Morgan 0 10 9 Mt. Lyell 1 8 71 Melbourne Exchange Industrials maintained their good tone with price fluctuations unimportant. The market appeared to have discounted Coles dividend. Barriers were quiet. Sales: £ s. d. National Bank (£5 paid) .. 6 13 0 Ditto (£10 paid) 13 15 0 Drug Houses 1 5 6 Australian Glass 4 17 3 Dunlop Perdriau 1 2 7 Goldsbrough 1 8 10 G. J. Coles 4 3 6 Australian Paper Mfrs, (pf) 1 5 0 Ditto new paid 1 4 7 Cox Bros 0 17 3 Herald and Times 3 2 9 Electro. Zinc 2 3 9 Mt. Morgan 0 10 11 Mt. Lyell 1 8 71 Broken Hill Ppty 3 0 3 North Broken Hill 2 8 0 South Broken Hill 1 12 9 Emperor 0 12 6