COMMERCIAL

Evening Star, Issue 24002, 29 September 1941, Page 9

COMMERCIAL

DUNEDIN STOCK EXCHANGE LATEST QUOTATIONS

MINING NEWS SNOWY RIVER YIELD. The master of the Snowy River dredge reports a return of 168 i-oz for 98 hours work from 22,000yd5. DIVIDEND DECLARED. The Arahura Gold Dredging Company Ltd. has declared a fifth'dividend of Is a share on the ordinary and deferred shares. COMPANY REGISTERED The ‘ Mercantile Gazette ’ notifies the registration of the following company:— Luxor Courts Ltd. Registered as a private company September 12. Office: Office of R. S. Stewart, accountant, 169 Princes, street* Dunedin. Capital;. £3,500, ihi®

3 500 shares of £1 each. Subscribers: Dunedin—M. W. Shiel 2,000 pref. shares and 1,409 ord., H. E.'Shiel 1 ord. shafe. Objects: To carry on business as proprietors of flats, apartments, etc., and to let on lease such property, to manage property as agents for owner. SHARE MARKET , . QUIET BUT FIRM Another quiet morning on the Dunedin Stock Exchange this morning saw quotations for the most part unchanged. In Government loans only those issues which have been steadily sought were inquired for, and the only seller was of 1946-49 Stock. The 1952-55 Stock was reported sold, as was the 34 per cent. 1957-60 issue, known as the National Development Loan. Banas were fairly steady, and Nationals changed hands at £1 19s. New Zealand Insurances wore in strong demand, but there was no response, while Nationals and Standards were also asked for. Bids for paid-up Zealand Kefrigeratings rose slightly, but South Otagos eased in the absence of offers. A seller of Coles came forward, and bids were 4s away. There were inquiries for other lines in the miscellaneous section, although late rates prevailed and offers were few. Sydney Woolworths were not quoted. A purchaser of Dominion Breweries was offering £1 10s. In Australian mining Electrolytic Zinc ordinary were weaker, and North Broken Hill were weaker on buyers’ quotation, SALES REPORTED. —This Morning.— National Bank of New Zealand, £1 19s. Four per cent. Stock, 1952-55, £lO7. Three and a-quarter per cent. Stock, 1957BO (late), £99 10s. AUCKLAND HARBOUR BOARD The Auckland Harbour Board is issuing £200,000 worth of debentures at 3i per cent, for 30 years. The money will be used principally in the construction of an up-to-date export wharf.

Buyers. Sellers. £ s. d. £ s. d. N.Z. GOVERNMENT LOANS - 3i d.c. Bonds. 1953-57 101 0 0 3l d.c. Stock. 1953-57 101 0 0 4* d.c. Stock, 194649 — 105 10 0 4 b.c. Stock. 1949-52 106 0 0 — 4 o.c. Stock. 1952-55 106 10 0 “ War Loan, 1955 87 0 0 87 10 0 BANKINGNew Zealand (£1) ... 1 19 6 — N.Z. - (Long “ D ”) — 1 11 9 Commercial (10s) ... 0 15 0 . — National of N.Z. ... 1 18 6 1 19 6 INSURANCENational (7s) 0 19 6 — New Zealand 3 8 0 — Standard (£1) 3 1 0 SHIPPINGP. and O. Stock I 10 0 — U.S.S. Co. (pref.) ... 1 6 0 MEAT PRESERVINGN.Z. Eefrig. (paid) 0 19 9 — N.Z. Refrig, (cent.) ... 0 8 10 0 9 1 South Otago 5 2 6 LOAN AND AGENCY7' Nat. Mortgage (£2) 1 15 0 — Nat. Mortgage (B) ... 1 1 6 — Loan and Mercantile 35 0 0 Perpetual Trustees ... 2 10 6 — Trustees Executors ... . 4 5 0 ‘ W.S. and Co. (ord.) 0 18 0 W.S. and Co. (prei.) 0 19 0 r**' GAS, COAL, AND OILAuckland Gas ! ... ... ‘ 0 7 0 — Kaitangata ... ... ... i n 9 1 14 0 Westport 1 4 1 Stockton (ord.) ... ... 0 2 5 0 3 0 Stockton (pref.) 0 6 6 WOOLLEN COMPANIES— Bond’s Hosiery 1 8 0 — Bruce (ord.) 1 3 0 , ' Bruce (pref.) ... ... i i 3 —* Oamaru (£1) 1 2 0 MISCELLANEOUS— • Broken Hill — 2 3 3 D.I.C. (ord.) 0 14 0 D.I.C. (pref.) 1 4 3 — Dom. Fert. (£11 ... 1 3 3 — Dom. Rubber (£1) ... 0 16 0 1 -0 0 G. J. Coles 3 3 0 3 7 0 Kauri Timber 1 3 0 * Maoduffs (ord.) — 0 9 4 Milburn Lime — 1 18 National Electric 1 2 6 — N.Z. Drug Co. (£2) 3 17 9 Drug (new issue) ... 2 9 6 —* Farmers’ Fert. (£1) 0 19 0 Paper Mills 1 12 3 — ‘ Otago Daily Times ’ 1 17 ,3 — Regent Theatre —* 0 19 0 Wilsons Cement 0 19 3 — Woolworths (N.Z., ord.) 0 14 6 BREWERIES— New Zealand 1 15 0 — Dominion 1 10 0 — Dunedin 1 1 6 OVERSEAS MINING— Broken Hill South 1 7 0 — Electro. Zinc (ord.) 2 12 0 Mount Lyell 1 7 6 ' Mount Morgan (2s 6d) 0 9 0 ' North r Broken’ Hill ... 2 Z 0 2 4 N.Z. MINING— Clutha River — 0 2 0 Grov River 0 IS 3 — Waitahu 1 (5s) 0 0 5 0 0 9 UNLISTED STOCKS— AH stocks in this section are not quoted mi the official list, and transactions are supject to a different rate of brokerage: — Mackintosh Caley Photnix (£1) — ••• 0 14 9 0 16 0 National Tobacco ... 1 11 9 ‘ Otago and Southland Finance (cont.) ... 0 1 8 Otago and Southland ■ Finance (17s 6d paid) 0 7 0 Otago and Southland Finance (pref.) ... 0 18 0 Otago Investment 0-0 6 Snowhile Laundries ... 0 10 6 0 16 0