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THE SHARE MARKET

DUNEDIN STOCK EXCHANGE There was a good inquiry for Government issues, particularly the 4 per cents., on the Dunedin Stock Exchange yesterday. Bank of New South Wales shares were wanted at £33 15s, with sellers at £34 ss, ex dividend of 6s per share. Union Banks were inquired for at £7 13s, but no sellers were forward. Buyers offered for all the insurance company shares, but without response from sellers. New Zealand Refrigerating contributings were quoted at 12s (buyer) and 12s 4d (seller). Southland Frozen Meats had a buyer at £2 Is. National Mortgages were inquired for at £2 15s, while sellers asked £2 17s. Bruce Woollen preferences were wanted at £1 6s, sellers asking £1 Bs. G. J. Coles were slightly better, with a buyer at £2 18s 6d and a seller at £3. Felt and Textiles were wanted at £2 7s 6d, but there were no sellers. Woolworths (N.Z.) preference shares were quoted at £2 (buyer) and £2 Is 9d (seller), and there was a buyer of Mount Lyells at £1 9s 6d, but no seller. Yesterday’s Sales Dunedin. —Sales reported: New Zealand Refrigerating (cont.), 12s ljd; Woolworths (N.Z.), 15s lOd (2); Standard Insurance, £3 13s 3d; 4 per cent. Inscribed Stock, 1946-49, £103; Mackintosh Caley Phoenix (£l, unlisted), £1 3s. Auckland.—Sales on ’Change: War Loan, 3 per cent., 1951-54, £97 ss; Stock, 1957-60, per cent., £101; Bank of New Zealand, £2 2s; Broken Hill Pty., £2 4s 9d; Felt and Textiles, £2 9s 6d; Auckland Gas (odd lot), 6s 9d; Macky Logan, £1 10s; G. J. Ccles, £3; W. R. Carpenter, £2; Woolworths (N.Z.), 15s lid; Woolworths (Sydney), 17s lOd; Emperor, 14s. Wellington.—Sales on ’Change: National Bank of New Zealand (ex div.), £2 9s 6d; Broken Hill Pty., £2 4s 9d.—Sales (late Monday): Bank of New Zealand, £2 2s; South British Insurance, £3 12s 6d; Bond’s Hosiery, £1 18s 6d; United Provisions, 13s 6d. Christchurch.— Sales on ’Change: New Zealand Guarantee Corporation, 3s 7d; New .Zealand Refrigerating (10s paid), 12s; Kafapoi Woollens (7s paid), 8s 4d.—Sale reported: Milburn Lime, £1 16s.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19430811.2.78

Bibliographic details

Otago Daily Times, Issue 25301, 11 August 1943, Page 4

Word Count
347

THE SHARE MARKET Otago Daily Times, Issue 25301, 11 August 1943, Page 4

THE SHARE MARKET Otago Daily Times, Issue 25301, 11 August 1943, Page 4