COMMERCIAL

Southland Times, Issue 21581, 19 December 1931, Page 2

COMMERCIAL

INVERCARGILL STOCK EXCHANGE. YESTERDAY’S QUOTATIONS. Following is a list of quotations called at the Invercargill Stock Exchange yesterday : — Banks. Commercial: b 16/-; s 16/6. E.S. and A. Bank: s 91/-. National of Australasia (cont.): b £5. New South Wales: s £29. New Zealand: b 45/-; s 46/-. New Zealand Long “D" Issue: b 25/-. Union of Australia: s £B. Breweries. New Zealand Breweries (shares): s 29/3. Coal. Westport Coal: s 25/-. Insurance. National: s 13/-. New Zealand: s 40/9. Loan and Agency. Dalgety and Co.: s £8 2/6. Goldsbrough, Mort and Co.: b 22/-. Meat Companies. Gear Meat Co.: s 28/-. New Zealand Refrigerating (20/- paid): b 11/4, s 12/-; (10/- paid): b 4/8; s 4/10. Southland Frozen Meat (£1 ord.): b ■ 34/6; (10/- ord.): b 17/3; (£1 pref.): b 34/6. Mining. Cornish Point: s sd. Electrolytic Zinc (pref.): b 19/3. Kildare: b 1/7, s 1/10. King Solomon: b 1/9; s 2/1. Mount Lyell: b 20/-; s 20/9. Okarito: b 9/8; s 10/3. Waihi Gold Mining: b 16/-; s 16/7. Shipping. Huddart-Parker: b 22/-. Woollen Mills. Mosgiel: b £6 13/4. Miscellaneous. British Tobacco (Aust.): b 26/-; s 27/-. Dominion Rubber Co.: s 10/-. Donaghy’s R.ope and Twine: b 28/6. Milburn Lime and Cement: s 29/-. New Zealand Drug: s 50/-. New Zealand Guarantee Corporation: s 5/8. New Zealand Paper Mills: b 18/6; s 20/-. Wilson’s (N.Z.) Portland Cement: s 35/6. Debentures. Government Inscribed Stock, 44 per cent., 1938: s £96 15/-. Government War Bonds, 44 per cent., 1938: s £97 15/-. Government Inscribed Stock, 44 per cent., 1939: s £96 15/-. Government War Bonds, 44 per cent., 1939: s £97. Government Bonds, 54 per cent., 1937: b £99 10/-. Government Stock, 54 per cent., 1937: b £99 10/-. Late Sales Thursday. 1937 54 per cent. Inscribed Stock, £lOO 5/-. ' Southland Guarantees, 5/-. THE WEEK’S TRANSACTIONS. The firm tone noted last week in Government securities has been fairly well maintained throughout the current week. The 54 per cent, issues have been the chief lines sought after and business has been transacted at £99 15/- to £lOO 5/for bonds and stock with currency to 1937. The tax free bonds have firmed a little compared with the best price they brought last week, sales being reported at £96 10/to £96 15/-. The business done in banking shares has been more evenly distributed during the period under review than was the case last week. Bank of New Zealands, Commercials, Nationals of New Zealand, Australasias, and Unions all being the means of business. Bank of New Zealands are a shade easier in price than they were a week ago, and sales were effected at 45/3 to 46/-. Latest quotations are buyer 45/0, sellers 46/0. Commercials remain fairly steady although there is a slight easing tendency. Last week they brought up to 16/8. Sales this week were made at 16/6 and 16/5 with further sellers at 16/6, buyers 16/-. Bank of New South Wales shares have been neglected during the week and there have been no (Continued on Next Page.)