STOCK EXCHANGE

Press, Volume LXXVII, Issue 23248, 7 February 1941, Page 7

STOCK EXCHANGE

RESTRICTED DEALINGS AND QUIET MARKETS DEMAND FOR GOVERNMENT LOANS Markets were quiet on the Christchurch Stock Exchange yesterday, and dealings were restricted to a few stocks. Government Loans had a strong demand, but there were few sellers. Buyers of New Zealand Government K b°uds. 1953-57. moved up to 100 10s, no sellers offering. The 1940-43 and 1946 stock were firmer with buyers at £lO2 2s 6d, and £lO4 re-1 spectively. I Bank of New South Wales were firm at £29 12s 6d. Bank of New Zealand were fractionally weaker with sellers and dealings at 41s. Broken Hill Proprietary remained unaltered with dealings at 465, mar- ; ket closing 45s lOd buyers, 46s sellers. Canterbury Saleyards (cum div.) were I weaker with business at 37s 6d, mar- : ket closing 35s 6d buyers, 38s sellers. Sellers of Dunlop Rubber reduced 1 their limits to 21s 9d without attracting buyers. Buyers of Wilson’s Cement ; raised their bids to 18s lid without at- ■ tracting .sellers. Woolworths were 1 weaker with sellers at 17s 6d. Grey River appeared firmer with buyers at ICs 3d. Sales on ’Change—Listed Slocks: 150 ■ Bank of New Zealand, 41s (2); 50 : Broken Hi,l Proprietary. 465. Sales Reported—Listed Stocks; 14 : Bank of New South Wales (cum div.), I £29 12s 6d; 200 Broken Hill Proprietary, 46s (2); 200 Canterbury Saleyards i (cum div.), 37s Gel. ! LATEST QUOTATIONS N.Z. Govt. Debentures—3i p.c. Ins., i960, b. £IOO 12s Od, s. £lOl 2s Gel; 3i p.c. Ins., 1953-57. b. £IOO ss; 31 p.c. Bonds, 1953-57, b. £IOO 10s; 4 p.c. Ins., 1940-43, b. £lO2 2s 6d; 4 p.c. Ins., 1946, b. £104; 4 p.c. Ins,, 30/11/48, b. £lO3 10s; j 4 p.c. Ins., 1949, b. £lO3 15s, s. £104; 4 p.c. Ins., 1949-52. b. 1 £lO3 15s; 4 p.c. Ins., 1955, s. £105; 4 p.c. ; Ins., 1954-58, s. £106 ; 10s; 4 p.c. Bonds, . 1946, b. £104; 4 p.c. Bonds, 1949, b. £lO3 15s; War Loan, 1953, b. £Bl 15s. : Other Debentures—North Canterbury | Hospital Boat'd, ;4J p.c.; 1/11/59, s. £lO7 10s; . Auckland: Gas, 5 p.c. Perpetual, s. £99 10s; : Booth, 1 Macdonald, 5 p.c., 1/6/47, b. £7l; ! N.Z. Refrig,,: 4f ip.c., 1/8/40-45, s, £IOO 15s; ; Timaru Gas,; 4 p.c., 1/11/45, b. £B7 10s. t Banks—Australasia, b. £8 10s, s. £8 15s; - Comm, of Australia, s. 14s 8d; Comm, of Australia, (pref.), b. £8 15s; E., S„ and A. s. £4 ss; Natl, of Australasia (£5 pd.), s. j £6; Natl, of N:Z., s. £1 18s; New South . Wales, b. £29 10s; New Zealand, b. £2 Os 9d, s. £2 Is; New Zealand (mort. shares), 5 b, £1 8s 3d; Union.of Australia, b. £7 Is, s. £7 ss. j Insurance—National, b. 18s 6d; New Zeaj land, b. £3 2s; South British, b. £2 10s; 3 Standard, b. £2 19s, 3 Loan and Agency—Dalgety and Co., b. 3 £6, s. £6 10s; Christchurch Building, b. 3 £l6 ss; Goldsbrough, Mort., s. £1 7s; 3 Mutual Benefit, b. £l3 10s; Natl. Mortgage 3 A. s. £1 17s; Natl. Mortgage B, b. £1 Is 3 9d; N.Z. Guarantee Corpn., s. 3s 2d; Per--3 manent Investment, b. £9 ss; United 3 Building, b. £1 0s 6cl. Shipping—New Zealand (pref.), b. £11; P. and O. Deferred Stock, s. £1 6s. Frozen Meat—Canterbury, s. £lO 10s; Canterbury (pref.), b. £6 9s; N.Z. Refrig. (£1 pd.), b. 18s, s. 19s 6d; N.Z. Refrig. (10s pd.), b. 8s 3d, s. 8s lid; North Cant. Freezing (pref.), s 19s; Southland, b £1 14s 6d; South Otago, b. £5 Is. Woollens—Yarra Falls, s. £2 7s; Bonds Hosiery, s. £1 9s; Felt and Textiles, b. £1 19s; Kaiapoi (7s pd.), s, 4s 6d; Oamaru, b. £l, s. £1 0s 6d; Timaru, s. 16s;,Wellington, b. £6 10s; Wellington (pref.), b. £6 15s. Coal—Grey Valley, s. 6s 2d; Westport, s, j £1 4s; Westport-Stockton, b. 2s Bd, s. 3s 3d; Westport-Stockton (pref.), b, 6s 3d. ’ Gas—Auckland (cum div.), s. 7s 6d; Auckland (contr,, cum div.), b. 2s 9d; Christchurch, b, £1 Is 7d, s. £1 3s; Christchurch (10s pd.), s. 10s 9d. Breweries—Ballins (ISs' pd.), b. 10s 7d, s. 11s 9d; Dominion, s. £1 11s 3d; Melbourne Co-op, b, £2 15s: New Zealand, b. £1 12s 6d; Tooths, s. £2 17s; Ward (in Ilqdn.), s. Is 6d: Staples (in liqdn.), s. Is 6d. Miscellaneous—Andersens (pref.), s. 18s; 5 Beath and Co., s. 16s; Booth, Macdonald 5 (pref.), b. ss, s. 5s 4d; British Tobacco, s. 3 £2 9s; Broken Hill Pty.. b. £2 5s lOd, s. . £2 6s; Canty. Saleyards (cum div.), b. i £1 15s 6d, s. £1 18s; Colonial Sugar, b. £52 10s;' Dominion Builders, b. 5s 2d, s, . 6s;-Dominion Rubber, b. 10s, s. 18s; D.I.C. j (10s pd.), b. 13s 6d; D.I.C. (pref.), b. £1 2s 3 6d; Dunlop Rubber, s. £1 Is 9d; Electro. r Zinc (ord.), s. £2 15s; Electro. Zinc (pref.), 1 b. £2 14s; Electric and Plumbing Supplies, s, 12s 6d: G. J. Coles, s. £3 9s; Greater Crystal, b. 13s 6d; Hay’s. Ltd., b. £1 3s: • Hay’s, Ltd (contr.), b. 18s; Kauri Timber, b. £1 Is 3d; Masonite, b. £1 3s; Mason, Struthers, b. 10s, s. 15s; Macduffs (ord.), b. 9s 6d, s. 10s 6d; Macduffs (pref.), s, £1; Natl. Electric, b. 18s 7d; N.Z. Farmers' Coop. fA pref.), b. £1 10s, s. £2; N.Z. Farmers’ Co-op. (B pref.), s. £1 10s; N.Z. Farmers’ Co-op. (4} p.c. Stock, 1950), s. £B2 ss; N.Z. Farm. Fertiliser, b. £1 2s lOd; N.Z. Newspapers, s. £1 12s 9d; N.Z. Paper Mills, s. £1 11s 6d; Standard Cement, b. £l, s. £1 2s; Taranaki Oil Developments, s. 3s; Weeks, Ltd,, b. £7 15s: Whitcombe and Tombs, b. £3 ss, s. £3 15s; Wilson’s Cement, b, 18s lid; Woolworths (Sydney) (ord.), s. 17s 6d; Woolworths (N.Z.), s. 14s 9d; W R. Carpenter, b. £1 16s; Zinc Investments, b. 5s 4d. * . Overseas Listing—Woolworths (S.A.). b. 15s, s. 16s. Australian Mining—Broken Hill South, b. £1 5s 6d, s. £1 7s; Hercules, s. 12s 6d: Mount Lyell, s, £1 9s 6d; Mount Morgan, s 11s lid; Satupolo, b. £1 2s, s. £1 4s; New Broken Hill, b. 15s; Wellington Alluvials, b„ 4s 4d. N.Z. Mining—Addison’s Flat. b. lOd; Araura, b. £1 4s 6d; Austral (N.Z.), b. £1 4s, s. f 1 7s; Big River, b. Is, s. Is 4d; Clutha River, b. 9d; Consolidated, b. 4s 6d; Gillespie’s Beach, b. Id; Golden Sands, b. sd, s lid; Grey River, b. 16s 3d, s. 16s 6d; Maori Gold, s. 3d; Moonlight Goldfields, s. sd; Nemona, s. 6id- r New TUver, b. 2d. s. sd; Ngahere (deferred), s. 15s; Okarito, s. 2s; Worksop Extended, s. 4d. Unlisted Stocks —Assoc. Gold Dredges (11s pd.), b. 11s; Assoc. Gold Dredges (Is deferred), s. 15s; Aust. Investment Trust, b 2s 6d, s, 9s; Assoc. Mot. Pet. (pref.), s. £1 ss; Aust. Mot. Pet., b. 11s 4d; Blackball Creek, s, lOd; British Developments, s. £1; Christchurch Press, b. £6 11s 3d; Air Travel (N.Z.). s. £1 Is; Lange’s Mobile Gas, s. 2s 6d: Masonite (2s 6d deferred), b. £1 Bs, s. £1 13s; Reece, Ltd.. E. (pref.), b. 3s 6d; Selfridges (N.Z.) (16s pd.), b. 6s; Timaru Lime, s. £1; Taramakau, s. 4s; Waikari Lime (17s 6d pd.), s. 17s 6d; Mikonui (ord.) s. Is 4d; Mikonui (deferred), s. 5s 3d- Urlwins, b. £2 2s 6d; Todd Motors (pref.), b. 17s; Wellington Publishing Co., s. £4 15s. g AUCKLAND ..Sales—Bank of New Zealand, 41s; Natl. Insurance (late sale), 19s 2d; New Zealand Insurance, 63s 9d; South British, 51s; Newton King (paid, late sale), 9s 3d; Westport Stockton (pref.), 6s 9d; Auckland Gas, 7s 2d; Auckland Gas (con.), 2s lOd; Dominion Breweries. 30s 9d; N.Z. Breweries. 335; British Tobacco, 49s 3d; Broken Hill Ptv., 465; Macky, Logan, 21s; Wilson’s Cement, 19s; Woolworths (Sydney), 17s 6d: Mount Lyell (late sale), 28s 6d; Mount Morgan, 11s Bd. WELLINGTON Sales-Late Wednesday: N.Z. Govt 4 pc. Stock, 1946, £lO3 17s 6d; Woolworths, Ltd., 17s Bd. Yesterday: N.Z. Govt. 4 P-c- Stock, 1949 £lO3 15s; Bank of N.Z., 41s, N.Z. Insurance, 63s 9d; Dominion Breweries, Ms “ Broken Hill, 465: Wilson’s Cement, 19s (3)1 Woolworths (N.Z.), 14s Bd. DUNEDIN Sales Reported—N.Z. Govt. 4 p.c. Stock, 1940-43, £lO2 ss; E„ S-, a u dA - B ??£’ £4; N.Z. Refrigerating (con.), 8s 6d, N.Z. Drug (new Issue). £1 19s 6d; Woolworths Unlisted—Otago-Southland Fin’ce. Corp,. 2s. SYDNEY Holders of Eastern tin shares showed ; nervousness on the Sydney Stock Ex- i change yesterday, about the situation in ?he lasl and Accepted reduced offers. , Falls were the heaviest for a long time, ; ranging from Is to 4s. The investment market was otherwise unchanged. Morning Sales—Union Bank, £6 8s; As- , sociated Newspapers, 12s lOd: Australian Consolidated Industries (contr.), 27s 4Jd, Broken Hill Pty., 44s 6d; Millaquin Sugar, 41 Afternoon Sales—Bank ° f , S s^ h Wales £26 17s; Commercial Bank of Sydney £l6 16s; G. J. Coles. 66s 3d; Woolworths, 16s lOd; Moris Dock, 18s 6d; Newbold Brick, 26s 6d; Gordon and Gotch, 44s- Larut Tin. 6s 9d; Rawang Tin, 7s 9d; Kuala Kampar, 15s; Pungah, 21s 9d. MELBOURNE ' Sales—Carlton Brewery (ex div.), 655; British Tobacco, 48s; Goldsbrough, Mort. 1 26s 3d: United Provisions. 6s sd; G. J. J Coles, 68s 6d; Broken Hill Pty., 44s 8d; Loloma, 265; Emperor, 12s 6d. 1