COMMERCIAL

Press, Volume LXXVIII, Issue 23586, 13 March 1942, Page 6

COMMERCIAL

STOCK EXCHANGES CHRISTCHURCH MARKETS QUIET Coal (ord.). 400 at 2s 6d: Westport-Stock-ton Coal (pref.), 100 at 7s. _ . d Sales Reported.—Bank of New Zealana, 500 at 365; £2OO Dunedin Drainage Board, 4i pc 1/4/53-56. £IOB 15s. Trend of Markets.-AIl Government Stocks were again firm with dominating. There was a sa‘ e '(due Drainage Board 41 p.c. Debentures (aue 1/4/53-56) at £IOB 15s, and more were wanted at £IOB 10s. In the banking sect.on Bank of New Zealand showed a firming tendency with sales and taym at 365. and seller at 36s 9d. union Banks had a buyer at £5 17s 6d. tm. seller remaining at £6 ss. New Zealan Refrigerating (con.) shares were firmer with buyers 7s Bd,- f Uers 7s 9d New Zealand Breweries, Ltd were a si vaae easier with buyers at 325. se “f r S 7 ,' 2 ®i 1 . Dunlop Rubbers had buyers 17 |’ se f ers asking 20s. There w^ b uye« 30 ° s f Hay's, Ltd., fully paid shares, at » Wliitcombe and Tombs had buyers fid lev div). Woolworths, Ltd., were Irmir wfth buyers at Us lid. sellers at 12 Ai£tfa|ian and local mining markets were quiet.

AUCKLAND orefj 235: Woolworths (Sydney). 12s. Mount Lyell, 235; A.C.1., 38s.

WELLINGTON Sales. —Late Wednesday: Bank of New Zealand. 365; Bank of N.SW «s. Thursday' 3 P.c. Stock, 1951-54, Aao ius, lank ofVs.V £25 15s; Bank of N.Z., 36S ’ DUNEDIN Sales Reported.— A.C.l., 37s 6d, 38s. Unlisted: Silknit, 9s 6d. MINING Grev River.—The return for the week ended March 11, was 213.1 ounces for 120 hours from 31,948 yards.