Commerce, Mining, Finance

Evening Star, Issue 24016, 15 October 1941, Page 9

Commerce, Mining, Finance

DUNEDIN STOCK EXCHANGE LATEST QUOTATIONS

SHARE MARKET FEW CHANGES RECORDED No changes of note took place on (ho Dunedin Stock Exchange this morning, the firm demand continuing. A general demand for Government loans found no prospective sellers in the market, and loan and agencies were in almost, the same position, ■with only one seller operating. Woollens wore unchanged except for an offer of Oamarus at a high figure of £1 4s 6d. Banks, too, were quiet. A seller of E.S. and A’s came into the market, but met with no attention. Continued inquiries for National and Standard Insurances have been unsuccessful, and this morning Standards were easier. Meats were very much the same, but there was a narrower margin in New Zealand Kefrigeratings and Southlands. In the miscellaneous section Booth, Macdonalds were a little firmer. Coles were again quoted at recent levels, but the sellers’ limit in Sydney Woohvorths was reduced by 3d to i?s 4d, with purchasers 4d away. New Zealand Drugs had a slightly firmer inquiry, but there was no response. Australian mining recorded no movement. SALES REPORTED. —Yesterday.— Mount Lyell (late), £1 8s 3d Woolwort'hs (N.Z.; ord.; late), 14s 3d. ON ’CHANGE. —This Morning.— Woo’.worths (N.Z.; ord.; after call), 14s 3d. ■ SOUTHLAND STOCK VALUES MAINTAINED (P.A.) INVERCARGILL, Oct. 13. The fat sheep yarding at the. Lornoville stock sale to-day was smaller than that of last week, and consisted mainly of ewes. In the early stages, the market for ewes was similar to that in the closing stages of last week’s sale, but after about onethird of the yarding had been disposed of there was a definite firming tendency, and for the remainder of the auction values were fully 3s above those ruling in the early stages. Values for fat wethers remained unchanged. Prime quality woolly wethers made from 34s 6d to 35s 6d, medium quality 32s to 335, prime shorn wethers 25s to 265, medium 23s to 24s 6d, and light 21s to 225. P ime young woolly ewes realised from 25s to 275, good quality 25s to 265. medium 22s 9d to 23s 6d, inferior 18s to 20s; good quality shorn ewes 16s to 18s, and unfinished 14s to 15s. Extra prime fat lambs sold to 36s btl. medium-weights 24s fid to 34s fid, and light 21s to 225. „ , , The fat cattle yarding was of good quality, and the hoof entry consisted mainly of bullocks. For the major part of the sale values were fully as good as those ruling the previous week, and in only one or two instances, more particularly for cows, were values lower to any extent. Extra prime heavy-weight bullocks made to £24, prime beavv-weigbt £2O 15s to £2l 17s 6d, prime quality £l7 to £lB 10s, good quality medium-weights £l6 to £l6 10», and Imht £l4 10s to £ls 10s. Prime quality cows made from £l3 to £l4 ss, good Quality £ll 10s to £l2 10s, medium-weight £9 to £lO. and aged £6 10s to £7 10s. Prime ■quality medium-weight heifers commanded from £l3 5s to £l4. handy-weights £ll 10s to £l2 10s, small £9 10s to £lO 10s, and unfinished £8 to £8 15s. MINING NEWS The Argo Gold Dredging Company Ltd. return for the week ended October 11 was 450 z from 10,500 yards, in 125 hours, SYDNEY STOCK EXCHANGE Press Association—By Telegraph—Copyright SYDNEY, October 14. The tendency for higher-priced industrial shares to weaken, which was evident on the Stock Exchange last week, persisted to-day. Bank of New South Wales, £25 15s; Bank of Australasia, £8 12s; G. J. Coles, £3 3s; VVoolworths, 16s 7d; Consolidated Industries. £2 6s; Adams, 15s 3d; Wilcox, Mofflin, 9s 9d; Mount Lyell, £1 7s 6d; Electrolytic Zinc. £2 10s 9d; Arahura, £1 6s 4d.

Buyers. Sellers. £ 6. d. £ 6. d. N.Z. GOVERNMENT LOANS34 ,p.c Bonds. 1953-57 101 0 0 — 34 p.c. Stock, 1953-57 101 0 0 — 4 p.c Bonds, 1943-46 101 5 0 — 4 ox. Stock. 1943-46 101 5 0 — 4 p.c. Bonds* 1946-49 104 15 0 — 4 d.c.' Stock. 1946-49 104 15 0 — 4 p.c. Stock, 1949-52 106 0 0 4 p.c. Bonds, 1952-55 106 5 0 ’— 4: p.c. Stock. 1952-55 106 5 0 — 4 p.c. Bonds, 1954-58 107 0 0 —• 4 d.c. Stock, 1954-58 107 0 0 — War Loan, 1953 87 10 0 — War Loan, 1951-54 ... 97 0 0 “ BANKING— Neew Zealand (£1) ... 1 19 6 2 0 0 New Zealand, Long D " 1 11 6 — E.S. and A — 4 2 0 National ot N.Z. 1 18 6 — Union 7 5 0 “ INSURANCE— National (7s) 0 19 10 — Standard (£1) ... — 3 2 6 — SHIPPING— Hud. Parker (ord.) ... — 0 2 6 0 P. and O. Stock 1 10 2 0 0 U.S.S. Co. (pref.) ... 1 6 0 MEAT PRESERVING— Gear (10s) 0 14 9 — N.Z. Refrig, (paid) 1 0 9 0 — N.Z. Refrig, (cent.) 0 9 3 9 5 Southland (paid) 1 13 3 1 15 0 Waitaki 4 15 0 — LOAN AND AGENCY— Dalgety (£5) ... '... 6 5 0 — Nat. Mortgage (£2) 1 17 9 — Nat. Mortgage (B) ... ■ 1 2 0 —- Loan and Mercantile 36 0 0 — Perpetual Trustees ... 2 10 6 — Trustees Executors ... 4 5 0 — W.S, and Co. (ord.) —■ 0 19 0 W.S. and Co. (pref.) 0 19 0 — GAS, COAL, AND OIL— Kaitangata ... ... ... 1 12 3 114 0 Westport 1 4 li —■ Stockton (ord.) 0 2 6 0 3 0 Stockton (pref.) 0 6 6 0 7 3 Moturoa (pref.) — 0 5 0 WOOLLEN COMPANIES— Bond’s Hosiery 1 9 3 — Bruce (ord.) 1 3 9 — Bruce (pref.) 1 1 6 — Kaiapoi (cont.) 0 5 9 —- Mosgiel (£4) 10 10 0 —• Oamaru (£1) — 1 4 6 MISCELLANEOUS— Booth, Macdonald 6 (pref.) 0 4 9 0 5 Broken Hill 2 2 0 2 3 3 Chas. Begg 0 19 0 — D.I.C. (ord.) 0 14 3 — D.I.C. (pref.) 1 5 0 1 6 6 Dorn, Pert. (£1) 1 3 3 1 — Dom. Rubber (£1) ... .0 17 6 0 0 Donaghy’s Rope — 2 11 6 Donaghv’s (cont.) ... 1 11 6 — G. J. Coles 3 3 0 3 6 0 I.C.I. (pref.. £1) ... 1 4 6 — Kauri Timber 1 3 0 — Macduffs (ord.) — 0 9 6 MacduSs (pref.) ... — 1 0 6 Milburn Lime ... 1 17 0 — McKenzies : ... 2 2 6 ■ Macky Logan Caldwell: ■.r 3 9 McLeod Bros .— 27 10 0 National Electric ' i 3 0 — N.Z. Drug Co. (£2) 3 18 6 Drug (new issue) 2 10 0 — Paper Mills 1 13 6 — ‘ Otago Daily Times ’ 1 18 0 —• Regent Theatre — 0 19 0 Smith and Smith 0 19 0 — Wilsons Cement 0 19 6 1 0 0 /Woolworths (N.Z.), ord 0 14 0 0 14 6 Woolworths (Sydney) 0 17 0 0 17 4 I./W3 W ERIES— New Zealand 1 16 0 1 17 0 Dunedin — 1 i 0 OVERSEAS MINING— Broken Hill South ... 1 8 0 Mount Lyell — 1 8 9 Mount Morgan (2s 5d) 0 9 0 0 9 6 New Broken Hill ... 0 15 0 — N.Z. MINING— Nokomai (5s)' 0 1 0 Okarito (5s) ... ... — 0 1 9 Waitahu (5s) 0 0 5 0 0 9 UNLISTED STOCKS— All stocks in this section are not quoted «a the official list, and transactions are sub* jeet to a different rate of brokerage: — Mackintosh Caley ...Phoenix (£1) 0 15 0 0 17 0 National Tobacco 111 9 O. and S Finance (cont.) 0 i 8 O. and S Finance (17s 6d paid) ... . O. and.S. Finance . 0 7 0 — (pref.) 0 18 0 — Otago Invest. Trust 0 0 6 Snowhite Laundries 0 10 6 —•