COMMERCE AND FINANCE

Otago Daily Times, Issue 24826, 28 January 1942, Page 2

COMMERCE AND FINANCE

THE SHARE MARKET YESTERDAY'S SALES Dunedin.—Sales reported: Southland Frozen Meat (ord,), £1 14s; Woolworths (N.Z.; ord.), 14s 6d; National Insurance, 19s 6d. Auckland.—Sales on ’(Jhange; War Loan, 1/10/53, £B6 17s 6d; Stock, 1954-58, 4 per cent., £lO7 ss; Bank of New Zealand, £1 19s 3d (2); South British, £2 17s 6d; Broken Hill Pty., £1 14s 6d (2); Colonial Sugar, £46; Electrolytic Zinc (pref.), £2 6s 6d; Reid Rubber, £1 ss: Selfridges (A’asia), 18s; Wilsons Cement, 18s l£d. Unofficial list: Associated Gold Dredges, 13s 3d.

Wellington.—Sales on 'Change: Consolidated Brick (late yesterday), 7s 3d; N.Z. Newspapers (late yesterday), £1 13s 6d. Sales to-day: 4 per cent. Stock, 195458, £lO7 ss; Wellington G-as (ord.), £1 9s 6d; R. and E. Tingey (pref.), £1 2s 6d; Woolworths (N.Z.; ord.), 14s Bd.

Christchurch.—Sales on 'Change: Kaiapoi Woollens (17s pd.), 18s 3d. Sales reported: N.Z. Government War Loan, 1/10/53, £B6 17s 6d LOCAL QUOTATIONS

Government Loans.—3J p.c., 1953-57, b. £lOl ss; 4 p.c., 1946-49, b. £lO3 15s; 4 p.c. Stock, 1949-52, b. £lO5 10s; 34 p.c. Con. Loan, 1957-60, b. £100; War Loan, 1953, b. £B6 10s, s. £B7. Banking, Insurance and Shipping.—New Zealand (£1), b. £1 19s, s. £1 19s 6d; New Zealand (Long D; £1), s. £1 10s 9d; Commercial (10s), s. 14s; Union (£5), s. £6 15s; National (7s). b. 19s 3d, s. £1; South British (10s), b. £2 17s; P. and O. Stock (£1), s. £1 17s; U.S.S, Co. (pref.; £1), b. £1 6s 3d. Meat and Agency.—N.Z. Refrigerating (£lj ex), s. £1; N.Z. Refrigerating (10s; ex), s. 9s; Southland Frozen (ord.; £1), b. £1 13s 9d, s. £1 14s 9d; South Otago (£5), b. £5; L. and M. (ord.; £100), s. £45; W.S. (pref.; £1; ex), s. £1 0s 6d. Breweries, Gas, Coal Oil and Wool.— N.Z. Breweries (£1), s. £1 14s 9d; Dunedin (£1), s. £1; Christchurch (cont.; 10s), s. 11s; Kaitangata (16s), b. £1 12s; Westport (10s), b. £1 4s 9d, s. £1 5s 6d; W.-Stockton (pref.; 10s), b. 7s; Bruce (ord.; £1), b. £1 3s, s. £1 5s 6d; Bruce (pref.; £1), b. £1; Kaiapoi (ord.; 17s), b. 17s; Kaiapoi (cont.; 7s). b. 6s 6d; Kaiapoi (pref.; 17s), b. 18s: Mosgiel (£4), b. £lO 15s; Timaru (£1), s. 18s 6d. Miscellaneous. —Booth Macdonald (pref.; £1), s. 5s 3d; Broken Hill Pty. (£1), b. £1 14s, s. £1 17s 6d; C. Begg and Co. (£1), b. £l, s. £1 2s; D.I.C. (ord.; 10s), b. 14s; D.I.C. (pref.; £1). b. £1 4s; Dominion Rubber (£1), b. 2s, s. 8s; Donaghy’s Rope (£1). s. £2 11s 6d; Donaghy's Rope (cont.), s. £1 14s 6d; Dunlop Rubber (£1), s. £1 2s; G. J. Coles (£1), b. £2 15s; Mac Duffs (ord,; £1), s. 9s 3d; Milburn Lime (£1), b. £1 17s: McLeod Bros, (£10), b, £25; National Electric (£1), b. £1 Is; N.Z. Drug Co. (£2), b. £3 16s 3d; Farmers’ Fertiliser (£1), s. £1 Is; Malay Rubber (ord,; £1), b. 2s; Otago Daily Times (£1), b. £1 18s; Regent Theatre (£1), s. 19s; Smith and Smith (pref.; £1), b. 18s 6d; Woolworths (ord.; ss), b. 14s sd; Woolworths (Sydney: ss), b. 15s 3d; Sharlands, b. £1 Is.

Mining.—E. Zinc (ord.; £1), s. £2 7s; Emperor (10s), b. 4s; Mount Lyell (£1), s. £1 6s 3d; Mount Morgan (2s 6d), s. 8s 9d; New Broken .Hill (ss), b. 12s 6d; North Broken Hill (ss), b. £1 17s; Gillespie’s Beach (Is), b. 2d, s. 3id; Martha (ss), s. 9s; Nokomai (ss), b. 3d; Waitahu (ss), s. 6d. Unlisted Stocks. Mackintosh Caley Phoenix, b. 15s 6d, s. 17s; Snowhite Laundry, b. 8s 6d, s. 15s; Dupedin Window Cleaning Company, b. 9s 6d; Ross and Glendining, b. £1 ss. MINING NEWS

ARGO DREDGE RETURNS The Argo Gold Dredging Company, Ltd., has announced the following return for the week ended January 24: 21 ounces for 114 hours (11,000 yards). PUBLIC TRUST OFFICE STATEMENT FOR DECEMBER Estates of a value of £451,015 were reported and accepted for administration by the Public Trustee during the months of December, 1941. The total value of the estates and funds under administration by the Public Trustee on March 31, 1941, was £64,436,092, and the new business for the nine months ended December 31, was £4,382,389. Grants of administration made by the court in favour of the Public Trustee numbered 146. During the month 968 new wills appointing the public trustee executor were prepared on behalf of testators and lodged for safe custody, and 432 existing wills were revised to provide for changes desired by testators. AUSTRALIAN STOCK EXCHANGES (Rec. 10,40 p.m.) SYDNEY, Jan. 27. To-day's share market was brighter and firmer on an improved turnover. I Bank of New South Wales, £24 17s 6d; Commercial Banking of Sydney, £l6 10s; Bank of Australasia, £8 2s 6d; Colonial Sugar, £43; Associated News. 9s: Tooths, £2 6s: Mark Foy, 18s Id; Mort’s Dock, 16s 3d; Felt and Textiles, £1 10s; Victoria Nyanza, 8s; Broken Hill Proprietary, £1 10s; Kuala Kampar, 6s; Loloma, 13s. MELBOURNE, Jan. 27.

Carlton Brewery, £2 18s; Dunlops. 18s; Imperial Chemicals (pref.), £1 4s; Mount Morgan, 7s 6d/ Emperor, 5s 6d; Loloma, 12s lOd; Broken Hill Proprietary, £1 Os 9d; Broken Hill Proprietary (cont.), £1 3s; South Broken Hill, £1 0s lOd.