LATE COMMERCIAL

Evening Star, Issue 22446, 17 September 1936, Page 14

LATE COMMERCIAL

LONDON WOOL SALES. ACTIVE DEMAND. LONDON, September 16. (Received September 17, at 11.30 a.m.) At the wool sales, 11,482 bales were offered, including 3,405 from New Zaaland. The number sold was 8,922. There was a very good selection and also an active demand, especially from the home trade. Speculators’ lots and greasy merinos were largely withdrawn, owing to the firm limits. New Zealand lots sold as follow: —Slipe half-bred lambs; “Belfast,” top price, 18d per lb; average 17J-d. THE MONEY MARKET, Press Association —By Telegraph—Copyright LONDON, September 16. (Received September 17, at 11 a.m.) Discount and short loan interest rates, day to day loans, J per cent.; fine trade bills, three months, 2 to 2i per cent.; bank bills, three months, 9-16 per cent.; bank bills, six months, f per cent.; Treasury bills, two months, i per cent.; Treasury bills, three months, i per cent.; New York call money, 1 per cent. DOLLAR AND FRANC. Press Association —By Telegraph—Copyright LONDON, September 16. (Received September 17, at noon.) The dollar is quoted at 5.06, and the franc at 76 27-32. PRICE OF GOLD. Press Association—By Telegraph—Copyright LONDON, September 16. (Received September 17, at noon.) Fine gold is quoted at £6 17s 6d.an ounce. NEW GUINEA GOLD SHARES. Press Association—By Telegraph—Copyright LONDON, September 16. (Received September 17. at noon.) New Guinea Gold shares are quoted at 3s 7Jd. MOUNT LYELL SHARES. Press Association —By Telegraph—Copyright LONDON, September 16. (Received September 17, at noon.) Mount Lyell shares are quoted at 23s 3d. SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, September 17. (Received September 17, at 2 p.m.) Bonds; 4 per cent., 1941, £lO2 13s 9d; 1955, £lOl 3s 9d. Shares: Bank of New Zealand, 395; Tooth’s, 56s 9d; Toohey’s, 33s 3d; British Tobacco, 43s 6d; Dunlop Perdriau (pref)., 555; Electrolytic Zinc, 43s 9d (pref.). 455; G. J. Coles, 82s 3d; Meggitts, 26s 9d; Peters, 425; R. Fowler (pref.), 24s 6d. SALES ON ’CHANGE: THIS DAY. Christchurch. Goldsbrough Mort, 345; New Zealand Refrigerating (10s paid), 9s 2d; Australian Glass, 94s 3d, 945; Broken Hill Proprietary (exrigbts), 77s ; same (15s paid), 575; Electrolytic Zinc (ord), 42s Gd; same (pref), 44s 6d; Mort’s Dock, 11s lid (2) 12s; Mount Lyell, 29s 6d (2). Reported: 4 per cent. Inscribed Stock (1937-40), £lOl 15s, £102; Union Bank, £9 9s pd; Dunlop Rubber (cum. div.), 18s Id; Gillespie’s Beach (late'sale yesterday cum. div.), Is 7d ; Mount Morgan, , 12s lid (late sale yesterday). Unlisted: New River, BJd; Woolworths (Sydney, ord.), £5 Bs. Wellington.—Goldsbrough Mort, 34s 3d; Wellington Gas, 37s Cd; British Tobacco, 42 6d ; Dunlop, 18s 2cl; Mount Morgan, 12s 9d. Auckland. —First call: Commercial Bank (prof.), £9 2s; Ba nk of New Zealand. 39s 3d, 39s 2d; British Tobacco, 42s Gd; Milne and Choyce Debenture Stock, 14s; Mort’s Dock, 11s lid. Noon call: South British Insurance, £4 9s 6d ; Tooth’s Brewery, 56s 4d ; Mort’s Dock, 11s lid; Northern Steam, 5s 9d; Mount Lyell 29s sd; Devonport Borough (1938)), £IOO 7s Bd.