THE SHAREMARKETS

Wanganui Chronicle, Volume 80, Issue 280, 25 November 1937, Page 11

THE SHAREMARKETS

DOMINION EXCHANGES [ Per Press Association. ] AUCKLAND, Nov. 24. Sales on ’Change.—Stock, 15/3/3943, 3i p.c., £101; Amalgamated Brick (Wellington), 31/3/44, 6 p.c., £92; National Bank of New Zealand, 51s; Bank of New Zealand, 44s Bd, 44s 7d (odd lot), 44s 7d, 44s 6d; Dominion Breweries (pref.), 40s; Tooths Breweries (ex. div.), 535; Broken Hill Pty., 59s 3d, 59s (3 parcels), 59s lid, 59s 3d, ditto (rights), 27$ 3d (odd lot), 27s 3d; Colonial Sugar (cum. div.), £46 12s 6d; Con. Brick, 7s 8d; Dun-lop-Perdriau, 225; Electro Zinc (pref.), 48s 3d; Mt. Lyell, 31s 3d, 31s 9d, 32s 6d; Mt. Morgan, 11s sd. CHRISTCHURCH, Nov. 24. Sales on 'Change. Commercial Bank of Australia, 16s lid; Broken Hill Propty (rights), 27s 3d, 27s 2d (2 parcels); Electrolytic Zinc (ord.), 455, 44s lid (3 parcels), 45s 6d, 45s 4d (2 parcels); Electrolytic Zinc (pref.), 47s 3d (2 parcels), 48s 9d (2 parcels), 48s 8d; G. J. Coles, 91s, 925; Woolworths (Sydney, ord.), 255; Grey River (7s 6d paid), 9s 3d (2 parcels); Broken Hill South (cum. div.), 34s sd, 34s 3d, 34s (2 parcels), 33s lid, 33s 9d, 33b i lOd, 36s (6 parcels); Mount Lyell, 31s, 31s 3d, 32s Id; Mount Morgan, Ils 4d. Sales Reported. New Zealand Government 4 per cent. Inscribed Stock, 1943-46, £103; New Zealand Government 4 per cent. Bonds, 1949, £103; Dunlop Rubber, 225; Electrolytic Zinc (ord.), 45s 6d, 45s 7d.

I AUSTRALIAN EXCHANGES OX ERSEAS IMPROVEMENT REFLECTED Received Nov. 24, 10.5 p.m. SYDNEY, Nov. 24. Base metal shares derived some benefit from the improvement on the London and Wall Street markets, and a partial recovery was made on the local Exchange to-day. Industrials, however, continue to sell on the down grade. Sales.—Queensland National Bank, £5 6s; Bank of Adelaide, £6 4s; Colonial Sugar (ex. div.), £46 15s; Mercantile Mutual Insurance, 395; Australian General Insurance, 16s 3d; Associated News, 24s 3d; Tooth’s (ex. div.), 535; G. J. Coles, 83s 6d (New Zealand delivery), 83s 3d; British Tobacco, 49s 6d (New Zealand delivery), 49s 6d; Australian Glass, 86s; Dunlop-Perdriau, 22s 4Jd; Anthony Hordern, 18s 75d; General Industries, 18s fid; Kandos, 23s 3d; Claude Neon, 46s 3d; Neon Signs, contr., Ils 3d (New Zealand delivery), Ils; J. McGrath, 3s; United Provisions, 6s fid; Henry Jones, 48s 3d; Goldsbrough Mort., 31s 7id; Mt. Lyell, 32s 3d (New Zealand delivery), 32s 6d; North Broken Hill, 50s 6d; Souths, 36s 3s (New Zealand delivery), 36s 3d; Zinc Corporation, 96s 6d; Rawang Tin, 9s lOd; Placer Development, 71s fid. MELBOURNE MARKET Received Nov. 24, 11.30 p.m. MELBOURNE, Nov. 24. A steadier market prevailed in industrials and Barriers but trading was quiet. Sales.—National Bank (£5 paid), £7; ditto, (£lO paid), £l4; British Tobacco, 49s 9d; G. J. Coles, 83s 6d; Australian Glass, 965; Dunlop-Per-driau, 22s sd; Goldsbrough Mort., 31s 6d; Felt and Textiles, 35s 6d; ditto, rights, 14s; Electro Zinc, 46s 6d’ ditto, pref., 49s 3d; Mt. Lyell, 32s 3d; North Brokens, 51s 3d; Souths, 365; Emperor, 12s 2d; Loloma, 17s 2d.

£2 5s to £2' 14s, light £2 to £2 6s, small and unfinished £1 10s to £2 2s, stores 25s to 335, slips 12s to 255, weaners 8s to 245. Baconers averaged 6d to 6td a lb. and porkers 6?d a lb. VALUES AT ADDINGTON RECOVERY IN MOST SECTIONS I Per Press Association. ] CHRISTCHURCH, Nov. 24. Small entries of fat stock at today’s Addington market met with an improved sale, particularly fat sheep and to a lesser extent fat cattle and fat lambs. The freezing works commenced operating this week and export buyers were in the market. Prices, however, were in advance of their rates, making from 9id to 9Sd. Store Sheep.—A much freere sale with a slight advance in prices for ewes and lambs. These were better class and sold for two-tooths at up to 255. Wethers were weak at from 17s to 19s. Fat Sheep.—A small penning of 350 head as against 660 last week met with a complete recovery in wether values of 2s a head and of ewes about 2s 6d. Best wethers made to 34s lOd, good 28s to 325, ordinary 23s to 265.. Best ewes sold at. up to 30s, good 24s ' to 275, average 18s to 21s, and light down to 16s. Fat Cattle.—soo were penned and for a small showing of good cattle last week’s drop of 20s a head was recovered. Medium sorts showed a little improvement’ but old cows were a shade weaker. Best young beef in a few instances made to 40s per 100 lbs, good 36s to 38s, and rough down to 265. Top price for steers was £l7 17s 6d, numerous pens selling at £l4 10s to £l6 10s with inferior down to £lO. Vealers sold at slightly lower rates and store cattle also eased on last week’s improved market. Fat pigs.—A heavy entry and with the export price easing slightly there was a weaker sale for porkers, which were down by 2s to 3s a head. Baconers were slightly easier. Porkers made from 32s 6d to 55s 6d. Average price per lb 6id to 7id. B. coners £3 9s 6d to £4 4s 6d, average 6ld per lb.