Money And Markets THE STOCK EXCHANGES

Southland Times, Issue 23389, 22 December 1937, Page 3

Money And Markets THE STOCK EXCHANGES

Markets Affected By Holiday Atmosphere

AUCKLAND

WELLINGTON SALES LATE MONDAY

CHRISTCHURCH

The holiday atmosphere has started to affect the stock exchanges of New Zealand. Australian industrials were quiet and were slightly easier on the Invercargill Stock Exchange yesterday morning. Barrier companies’ shares finished fairly steady. Bank of New Zealand s were firmer, moving up to 44/-. Commercials were wanted at 17/-. Tno insurance section was neglected and there was little demand for frozen meat companies’ shares. There was some trading done in Government tax free debentures at £lOl 5/and a few large-sized parcels of this stock changed hands at the figure mentioned.

The following sales were reported:— £ s d Government Stock, 31 p.c 1939-52 (2) 101 5 0 Quotations were as follows: — GOVERNMENT DEBENTURES * Buyers Sellers £ s d £ s d Stock, 3J p.c., 1938-43 100 5 0 Stock, 31 p.c., 1938-52 101 0 0 101 10 0 Stock, 3J p.c., 1939-43 100 5 0 Stock, 3J p.c., 1939-52 101 0 0 101 10 0 Stock, 4 p.c., 1946 103 0 0 Bonds, 4 p.c., 1946 103 0 0 Stock, 4 p.c., 1949 103 0 0 Bonds, 4 p.c., 1949 103 0 0 103 0 0 ©LOCK, JJ.v.j JlUOO Bonds, 4 p.c., 1955 103 0 0 BANKS Commercial 0 17 0 0 17 3 Commercial, pref., 4 p.c. (cum.) 9 12 0 — 1 ' ■ New South Wales 32 10 0 — ■ New Zealand 2 3 9 BREWERIES N.Z. Breweries 2 6 6 COAL Kaitangata 1 6 0 Westport Coal 1 4 0 INSURANCE National 0 17 6 New Zealand 2 3 6 — Standard 2 19 9 LOAN AND AGENCY Goldsbrough, Mort and Co. 1 12 0 Trustees’ Executors (Dunedin) 3 16 0 Wright, Stephenson (pref.) 1 0 6 1 1 0 MEAT COMPANIES N.Z. Refrigerating (10/- paid) 0 8 11 0 9 2 SHIPPING Huddart-Parker , 2 1 6 . Union Steam Ship Co. (pref.) 1 6 3 — WOOLLEN MILLS Bruce 0 10 0 Kaiapoi (pref.) 0 17 0 Oamaru , 0 18 0 MISCELLANEOUS Australian Glass — 4 13 6 Australian Iron and Steel 1 7 0 Broken Hill Pty. '3 3 0 Broken Hill Pty. (cont.) 1 15 0 — Colonial Sugar Co. 48 10 0 G. J. Coles 4 4 0 • D.I.C. (pref.) 1 3 6 Dominion Fertilizer 1 4 0 Dunlop Rubber (Aust.) 1 2 3 1 2 8 Hume Pipe (Aust.) 0 19 6 1 0 0 McLeod Bros Soap 28 0 Milbum Lime and Cement 2 1 3 N.Z. Drug 3 14 0 N.Z. Guarantee Corporation _ 0 4 9 Otago Daily Times 2 6 Permanent Building Society 5 15 0 Wilson's (N.Z.) Cement 0 17 9 Woolworths (N.Z.) 1 1 1 Woolworths, Ltd. 1 5 9 —.—— MINING Big River 0 1 1 Electrolytic Zinc (ord.) 2 6 6 - (pref? 2 9 3 ■ Gillespie’s Beach 0 1 3 Kildare 0 .1 0 Mount Lyell 1 10 0 ——— Mount Morgans 0 10 3 Nokomai 0 2 5 Okarito 0 3 3 North Broken Hill 2 12 6 Rawang Tin -■ -- 0 10 6 UNLISTED Selfridges (Aus.) 1 9 0

£ s d Inscribed Stock 1939-43 3*/zp.c. 100 12 6 E.S. and A. Bank 5 7 0 National Bank of N.Z. (2) 2 4 0 South British (fully paid 10/shares) 2 8 6 Australian Foundation Trust (new issues 2/6 paid) 3 2 N.Z. Guarantee Corporation 4 6 Auckland Gas 1 1 0 Devonport Ferry 19 2 Huddart Parker 2 2 6 Dominion Breweries 1 17 9 Electrolytic Zinc (pref.) 2 10 0 Farmers Trading 19 9 Gear Meat 16 6 N.Z. Drug 3 8 6 N.Z. Newspapers 1 18 6 Martha 14 3 Mount Lyell 1 10 6 Rawang Tin 10 6

fi S d Goldsbrough Mort 1 13 3 Gear Meat 16 6 Huddart Parker 2 2 6 Claude Neon (Sydney) 2 9 6 Mount Lyell 1 10 7 Sales Yesterday 4 p.c. Stock 1949 102 10 0 3%p.c. Stock 1941 100 10 0 N.Z. Breweries 2 6 0 Australian Glass 4 12 9 Mount Lyell 1 10 8 do. 1 10 10'/ 2

£ s d Anthony Hordern 18 7 Australian Glass 4 12 9 Electrolytic Zinc (ord.) (2) 2 7 0 do. (pref.) (3) 2 10 0 G. J. Coles 4 4 10 Taranaki Oilfields 6 11 Woolworths (Syd., ord., cum. div.) (2) 1 5 10 do. (2) 1 5 11 Woolworths (South Africa) 14 3 do. 14 2 Broken Hill South 1 16 7 do. (3) 1 16 8 Mount Lyell " 1 10 6 do. 1 10 7 Mount Morgan 10 7 do. 10 8 do. 10 7 Sales heported Serines Ellesmere Electric Power Board 4 p.c. 1949 104 2 6 Late Sales Monday Tooth’s Brewery 2 13 6 Dominion Builders 3 0