COMMERCIAL

Southland Times, Issue 22767, 18 December 1935, Page 2

COMMERCIAL

THE SHARE MARKET. - INVERCARGILL STOCK EXCHANGE. BANKING SECTION QUIET. There was no material change in the market on the Invercargill Stock Exchange yesterday, although the banking section was quiet. Prices were quoted as follows:— Government Debentures.

NORTHERN EXCHANGES. (Per United Press Association.) Auckland, December 17. Sales on ’Change: Stock, 1940, 4 per cent., £lO2 10/-; Stock, 1946, 4 per cent., £lO4 12/6; Commercial Bank 18/-, 17/11 (2); English, Scottish and Australian Bank £5 10/-; Bank of New South Wales £32 10/-; Bank of New South Wales (Sydney register) £32 12/6, £32 10/-; Bank of New Zealand 47/9; National Insurance 19/4; United Building (Auckland) 19/9; Kauri Timber 22/6, 22/9; Northern Steam (3/6 paid) 1/6; British Tobacco 40/4J; Broken Hill Proprietary 59/-; Colonial Sugar £42 10/-; Farmers’ Fertilizer 20/-; Farmers’ Trading 7/8; Big River 2/-; Golden Dawn 2/11; New Zealand Crown Mines 2/6. Wellington, December 16. Sales on ’Change: British Tobacco 40/- (2); Broken Hill Proprietary 58/8 (2) Unofficial: Woolworths, Sydney £6 (3) Christchurch, December 17. Sales on ’Change: New Zealand Government 4 per cent. Inscribed, 19371940, £lO2 10/-; Commercial Bank of Australia 17/11, 18/- (2); Goldsbrough Mort (cum div.) 31/11 (2); New Zealand Guarantee Corporation 5/-; New Zealand Refrigerating (£1 paid) 22/-; Mount Lyell 20/10; Mount Morgan (cum div.) 37/6, 37/-. Sales reported: New Zealand Government 4 per cent. Inscribed, 19371940, £lO2 10/-; Bank of New South Wales £32 10/- (2); Canterbury Frozen Meat (cum div.) £11; Bank of New Zealand 48/-; Mount Morgan 36/11; Woolworths, New Zealand (ord.) £5 16/6. Dunedin, December 17. Sales on ’Change.—Bank of New Zealand £2 7/6 (late Monday); United Provisions 12/7.

McNAB STOCK SALE. There was a small attendance at the McNab stock sale yesterday. In the sheep section fat wethers brought 25/9 and ewes 14/-. In the store section 2-tooth wethers made up to 24/- and a line of mixed sex hoggets 22/-. In the cattle section medium-sized beef steers made up to £7. Sales were: Southland Farmers’ Co-operative Association, Ltd.: 10 fat wethers (shorn) 24/6, 2 fat ewes (shorn) 14/-, 10 yearling steers 37/6, 6 two-year-old steers £3 10/-. Passed in: 5 yearling bulls 30/-, 10 yearling heifers 15/-, cow and calf no bid. Wright, Stephenson and Co., Ltd.: 7 fat wethers 25/9, 63 mixed-sex hoggets 22/-, 26 2-tooth wethers 24/-, fat ewe 11/6, 21 2-tooth wethers 23/3, fat steer £7, 2 do. £6 10/-, 2 do. £5, 3 do. £4, 2 do. £4, 2 do. £3 5/-, forward steer £5, fat heifer £3 10/-, dairy heifer £2, bulls £2 10/-, £3. Passed in: Fat cow £2 10/-, dairy cow 30/-, do. no bid. National Mortgage and Agency Co.. Ltd.: Bull £3. Passed in: Bull £4 15/-, store steers £2 5/-. New Zealand Loan and Mercantile Agency Co., Ltd., 14 fat lambs offered and passed in at £L

£ ' Buyer. c £ Seller. s d s d Stock, 3J p.c., 1938-43 102 5 0 Stock, 31 p.c., 1938-52 102 0 0 —■ ■ Stock, 34 p.c., 1939-43 102 0 0 Stock, 31 p.c., 1939-52 102 0 0 — Stock, 4 p.c., 1940 102 5 0 —- Bonds, 4 p.c., 1940 102 5 0 ——— Stock, 4 p.c., 1940 104.10 0 —— Bonds, 4 p.c., 1946 104 10 0 — Stock, 4 p.c., 1949 104 15 0 Bonds, 4 p.c., 1949 104 15 0 — Banks. Commercial 0 17 8 0 18 0 National of New Zealand —-— 3 13 0 New South Wales — 33 0 0 New Zealand - 2 8 3 N.Z. Long “D” issue ——— 1 13 3 Reserve Bank of New Zealand 5 12 6 5 16 0 Union of Australia 9 11 0 -— Breweries. N.Z. Breweries (shares) 2 13 0 — Tooth’s Brewery — 2 16 0 Coal. Kaitangata 1 1 6 — Westport Coal 1 1 6 1 2 3 Westport Stockton .(pref.) — 0 2 3 Insurance. National — 0 19 9 New Zealand — 3 3 6 Standard — 3 10 0 Loan and Agency. Goldsbrough, Mort and Co. 1 11 8 — Trustees’ Executors (Dunedin) 3 o 0 — Wright, Stephenson and Co. (pref.) — 1 0 0 Mortgage Corporation 0 5 0 0 5 4 Meat Companies. N.Z. Refrigerating (10/- paid) 0 10 7 0 10 10 Shipping. Union Steam Ship Co. (pref.) 1 7 4 —>— Miscellaneous. Australian Glass 4 5 0 British Tobacco (Aust.) 9 0 0 — Colonial Sugar Co. 42 10 0 —— Electrolytic Zinc (ord.) 1 14 6 1 15 3 D.I.C. (ord.) — 0 15 6 (pref.) 1 3 0 1 4 0 Milburn Lime and Cement 2 2 0 — New Zealand Drug 3 19 3 — N.Z. Raper Mills — 1 9 6 Woolworths (Svdney) 5 17 6 — Woollen Mills. Kaiapoi (ord.) 0 14 0 — Mining. Broken Hill (5/paid) 1 8 0 — Big River 0 1 10 — King Solomon 0 3 4 —,— Gillespie’s Beach — 0 1 2 Goldfields Dredging — 0 0 4 Mount Lyell — 1 1 6 Mount Morgan 1 16 6 — Okarito — 0 6 0 Skippers 0 0 2i0 0 3’, Waipapa Beach — 0 1 9