MONEY AND MARKETS

Southland Times, Issue 23599, 29 August 1938, Page 3

MONEY AND MARKETS

METALS REMAIN FIRM ON INVERCARGILL EXCHANGE

The market was quiet generally on the Invercargill Stock Exchange on Saturday. There was still an inquiry for Woolworths and banking shares generally, and metals remained firm.

Quotations were as follows:—

RAW MATERIALS (Received August 28, 6.30 p.m.) LONDON, August 27. Quotations lor raw materials with. last week’s prices also shown, as as fallows: Cotton.—Spot, 4.74 d per lb (4.78 d September delivery, 4.55 d (4.57 d Jute.—September-October delivery, £l'J 5/- a ton (£l9 7/6). Rubber.—Para, 7 3 ,4 d per lb (7%d): plantation smoked, S’/gd (7%d). Copra.—September-October delivery, South Sea, £9 10/- a ton (£9 15/-); smoked, £9 10/- (£9 15/-); plantation Rabaul, £lO 12/6 (£lO 15/-). Linseed Oil—£24 5/- a ton (£24 5/-). Turpentine.—£l 12/- per cwt (£1 12/6)

GOVERNMENT DEBENTURES Buyers Sellers £ s d £ s d Stock, 3| p.c., 1938-52 101 0 0 Stock, 3| p.c., 1939-43 100 0 0 Stock, 4 p.c., 1946 100 0 0 100 5 0 Bonds, 4 p.c., 1946 100 5 0 101 15 0 B ANILS Commercial 0 16 1 — National of New Zealand 2 11 9 New South Wales 31 5 0 New Zealand 2 2 6 2 3 3 New Zealand, long “D” issue 19 5 1 10 0 BREWERIES N.Z. Breweries 2 16 2 2 0 COAL Westport Coal — 15 3 Westport Stockton (pref.) 0 7 9 INSURANCE National . 0 17 6 Standard 2 16 6 LOAN AND AGENCY Goldsbrough, Mort and Co. 19 0 Wright; Stephensoa (pref.) 10 6 MEAT COMPANIES Gear Meat Co. 0 13 6 —- N.Z. Refrigerating (20/- paid) 0 18 6 (10/- paid) 081 0 8 3 Southland Frozen Meat 1 10 3 South Otago Freezing Co. 5 8 0 SHIPPING Huddart-Parker (ord.) 2 6 9 Union Steam Ship Co. (pref.) 16 0 — ———- P. and O. Stock 13 0 — WOOLLEN MILLS Bruce 0 7 3 Mosgiel 10 0 0 Oamaru — 0 17 0 MISCELLANEOUS Associated News 12 0 Broken Hill Pty. 2 18 7 2 19 0 British Tobacco (Aust.) 2 9 6 Colonial Sugar Co. 48 0 0 G. J. Coles 3 19 0 ■■ —I— David Jones 1 19 0 - ■ Dominion Fertilizer 14 9 15 6 Donaghy’s Rope and Twine ' 2 4 0 Dunlop Rubber (Aust.) 12 0 Hume Pipe (Aust.) 0 19 3 - 1 II ■ - —■ McLeod Bros’ Soap 28 15 0 N.Z. Drug 3 10 0 N.Z. Guarantee Corporation 0 4 4 0 4 6 N.Z. Paper Mills 12 3 Wilson’s (N.Z.) Cement 0 17 11 Woolworths (N.Z.) 10 0 Woolworths, Ltd. 114 119 MINING Big River 0 12 — Electrolytic Zinc (ord.) 2 3 6 (pref.) 2 7 6 Gillespie’s Beach 0 10 - - — Goldfields Dredging 0 0 4 Martha Gold Mining 0 12 C Mount Lyell 18 2 18 6 Mount Morgans 0 10 10 0 11 0 Nokomai 0 15 Waitahu 0 0 9 North Broken Hill 2 4 6 — - — UNLISTED Taranaki Oil 0 13 6 — AUCKLAND £ s d Rural Bonds 1947 4 p.c. 101 17 6 do. 102 0 0 Auckland Transport Board 1944-51 4',4 p.c. 101 10 0 South British 2 6 0 Alloys Steel (Aust.) 7 3 Australian Glass 4 13 3 Berlei (N.Z.) 3 5 0 Broken Hill Propty. 2 18 9 Colonial Sugar 47 2 6 I.C.I. (pref.) 118 do. (con.) 11 8 Moturoa Oil 5 2 do. 5 3 Taranaki Oil 14 0 Unofficial List Selfridges (N.Z.) (16/- paid) 6 3 WELLINGTON £ s d 3>,4p.c. 1953-57 (Fri.) 94 10 0 5 p.c. Rural Bonds (Fri.) 101 15 0 E.S. and A. Bank (Fri.) 5 3 6 Bank of New South Wales (Fri.) 31 0 0 Queensland Insurance (Fri.) 2 16 6 Taranaki Oil (Fri.) (2) 13 9 do. 13 10 Bank of New South Wales 31 0 0 Goldsbrough Mort 18 0 David Jones 1 19 4 Taranaki Oil 14 0 4 p.c. Stock 1946-49 101 7 6 CHRISTCHURCH £ s d Government 4 p.c. Bonds 1946 100 7 6 do. 1955 101 12 6 Kaiapoi Wool (7/- paid) 3 9 Taranaki Oil (2) 13 9 Woolworths (Syd., ord.) 1 1 3 Mount Morgan 10 11 do. (2) 10 10 Sales Reported National Bank of Australasia (£5 paid) 6 10 0 Gear Meat 14 4 Berlei (N.Z.) 3 5 0 DUNEDIN £ s C Mount Morgan 10 11 Sales Reported I p.c. Bonds 1943-46 100 2 6