INVESTMENT MARKET
The Stock Exchanges of the Dominion have been fairly active this week. Some of the prices paid, with rates ruling last week in oarentheses, are as follows: — Bank of New Zealand, 40s 9d (40s) ; Commercial Bank. 16s 9d (16s 8d) ; N.Z. Insurance. 77s 6d (775) ; Auckland Gas, 7s 8d (7s sd) ; Gear Meat. 19s 9d (20s 3d) ; N.Z. Refrigerating (£1) 24s 6d (24s 6d). Other sales recorded during the week Include : National Bank of New Zealand, 50s; Bank of Australasia, £9 7s 6d; South British Insurance, 695; National Insurance, 21s 9d; N.Z. Refrigerating (10a), 10s lOd; Electrolytic Zinc, 52s Cd; Newton King (pref.), 17s; Howard Smith, 24s 6d; Dominion Breweries, 33s 6d; Kalapol Woollen, 19s 9d; Broken Hill, 42s 6d; G. J Coles. 60s. GOVERNMENT LOANS. Approximate prices for N.Z. Government Stock at this time last year and for the week ended January 22, 1943, with the highest price this week, are as follows:— Per Jan., Jan. 22, Jan. 29, cent. Year. 1942. 1943. 1943. £ £ £ 3 .... 1951-54 98% 100 100 3 .... 1952-55 - 99% 99% 3 1953-56 — 99% 99% 3»4 1957-60 101 102 102 4 .... 1949-s'' 105% 105& 105*4 interest shortly due on Government Loans ;- 2Mi Per cent (1946) and 3 per cent. (1951 54). on February I: 2% per cent. (1947), 3 per cent (1946-4S), 3 per cent (1952-55), and 3% per cent. (1957-60), on March 15.
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Bibliographic details
Evening Post, Volume CXXXV, Issue 25, 30 January 1943, Page 5
Word Count
229INVESTMENT MARKET Evening Post, Volume CXXXV, Issue 25, 30 January 1943, Page 5
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