MONEY AND MARKETS

Southland Times, Issue 23675, 25 November 1938, Page 3

MONEY AND MARKETS

CONDITIONS CONTINUE DULL ON INVERCARGILL EXCHANGE

Dull conditions continued on the Invercargill Stock Exchange yesterday. Government loans were quiet. Huddart Parkers was the only line asked for in the shipping section. The industrial section was inactive, sellers predominating. A hesitant tone prevailed in the mining section.

Quotations were as follows:—

1 AUCKLAND J

WELLINGTON

CHRISTCHURCH

SYDNEY (Received November 24, 9.25 p.m.) SYDNEY, November 24. The Stock Exchange continues lifeless. Industrials are inclined to drift because of lack of buying support.

MELBOURNE Industrials are still quiet, Commonwealth Joans are firmer, barriers are steady, and Fijian gold shares are weaker.

GOVERNMENT DEBENTURES Buyers Sellers £ s d £ s d Stock, 4 p.c., 1946 99 0 0 Bonds, 4 p.c., 1946 99 0 0 Stock, 4 p.c., 1949 99 0 0 Bonds, 4 p.c., 1949 99 0 0 Stock, 4 p.c., 1955 99 0 0 — Bonds, 4 p.c., 1955 99 0 0 BANKS Australasia 10 1 0 0 16 8 Commercial National of New 2 10 6 Zealand - New Zealand 2 0 9 New Zealand Long 1 7 0 U issue • ■ ■■ ■“ Union of Australia 8 9 0 BREWERIES 2 0 9 N.Z. Breweries COAL Westport Stockton (pref.) 0 6 3 INSURANCE National 0 16 0 Standard 2 10 0 LOAN AND AGENCY Goldsbrough, Mort — —J _ 1 9 0 ana uo» Wright, Stephenson 1 0 0 (pref.) MEAT COMPANIES N.Z. Refrigerating (10/- paid) 0 I 11 0 8 4 Southland Frozen 1 10 3 Meat — South Otago 0 Freezing Co. SHIPPING Huddart-Parker 2 7 0 1 11 6 F.diicl 0. Stock WOOLLEN MILLS Bruce 0 5 0 MISCELLANEOUS Broken Hill Pty. 2 18 0 3 19 .0 14 r* t 6 6 L/.i.u. Dominion Fertilizer ——— 1 4 0 I.C.I. (pref.) 12 McLeod Brothers’ 9 1 3 0 Soap Milburn Lime and 27 0 1 15 0 Cement 3 3 8 o N.Z. Drug —. - N.Z. Guarantee Cot0 4 2 poration New Zealand Paper % 1 1 Mills ——— 2 3 0 Otago Daily Times ■■ ■ ■ Permanent Building Society 515 Wool worths Ltd. ■ 0 1 1 3 Woolworths Properties Ltd 1 5 0 — MINING Broken Hill South Gillespie’s Beach 0 0 9J 111 0 0 0 3i uoianeias vreaging ——— Martha Gold Mining 0 10 6 1 9 9 Mount Lyell Mount Morgans (pref.) 1 1 Nokomai 0 0 1 6

£ B d Bonds 1946-49 4p.c. 98 10 0 Stock 1943-46 4 p.c. 99 0 0 do. 1952-55 4 p.c. 99 0 0 do. 1949-52 4 p.c. 97 10 0 Auckland City 1942 4>/« p.c. 100 10 0 do. 1944-52 4)4 p.c. 100 10 0 Commercial Bank of Australia 16 2 National Bank of N.Z. 2 8 9 Farmers’ Auctioneering (B pref. 1 0 0 Auckland Gas (odd lot) 18 8 Union Steam (pref.) • 1 5 6 Broken Hill Propty. (2) 2 17 0 Colonial Sugar (2) 48 0 0 do. 47 17 6 do. 48 0 0 Consolidated Brick 7 4 Dunlop Perdrlau 1 D 6 Imperial Chemicals (pref.) 1 2 11 Sanford (ord.) 3 6 Taranaki Oil 12 1 do. 12 0 Wilson’s Cement 16 4 Woolworths (N.Z.) 18 10 Woolworths (Syd.) 1 0 11 ' do. (2nd pref.) 1 9 6

£ R d 3*4 p.c. Stock 1941 (Wed.) 97 10 0 Auckland City 4)4 p.c. 1944-52 (Wed.) 100 10 0 Bank of N.Z. (Wed.) 2 1 1 David Jones (Wed.) (odd lot) 1 15 6 Waldas- Shoes (Wed.) 5 4 4 p.c. Stock 1946 99 0 0 4 p.c. Stock 1955 99 0 0 Australian Bonds 4 p.c. 1950 101 15 0 Bank of N.Z. (4) 2 0 10 do. 2 1 0 Union Bank 8 10 0 N.Z. Refrigerating 17 6 British Tobacco (pref.) 1 12 6 Henry Jones 2 9 0 Wilson’s Cement 16 2 Broken Hill South 1 10 1 Mount Lyell 1 9 0 do. 1 9 0 Overseas List Woolworth’s Holdings (S.A.) 14 10 Unofficial List C. and A. Odlin (pref.) (2) 18 6

e s d N.Z. Government 4p.c. Inscribed 1949 98 15 0 Bank of N.Z. (cum div.) 2 0 9 do. (2) 2 0 u Broken Hill Propty. (ex div.) 2 16 10 Dunlop Rubber 1 0 5 Woolworths (Syd., ord.) 1 0 9 New River 10 Mount Lyell (cum div.) 1 9 2 Mount Morgan 8 11 do. 9 0 Grey River 14 6 Sales Reported Bank of N.Z. 2 1 0 Woolworths (Syd., ord.) 1 0 10 Wellington Alluvials 5 1 Unlisted Stocks Ballins Breweries 10 4 DUNEDIN Sales Reported £ B d 4 p.c. Stock 1943-46 99 0 0 National Bank of N.Z. 2 9 0 Standard Insurance 2 12 0 N.Z. Refrigerating (Cant.) 8 1 N.Z. Farmers’ Co-op. Stock 4'/ 2 p.c. 1950 90 0 0 Colonial Sugar 47 17 6 After Call Sandhills Gold 2

Sales: £ fi d Bank of New South Wales 30 5 0 Commercial Bank of Sydney 2a,ii o Bank of Adelaide 6 0 0 Colonial Sugar 48 0 0 Associated Newspapers 1 0 9 do. (pref.) 1 2 Adelaide Steam 1 13 6 Bums Philp 2 11 3 do. (South Sea) 1 8 0

British Tobacco 2 8 0 Australian Iron and Steel (pref.) 1 8 4>,i Australian Glass 5 0 0 Kandos 1 6 10 Morts Dock 12 3 W. J. Adams 15 3 Cash Orders (N.Z. delivery) 15 6 Newbold Brick 1 9 9 Goldsbrough Mort 1 8 9 Woolworths 1 0 10 do. (1st pref.) 2 2 0 Mount Morgan 9 1 Mount Lyell 1 9 0 Loloma 1 3 0 Taranaki Oil 12 0

Sales: £ s d Commercial Bank of Australia 16 2 Huddart Parker 2 11 0 Drug Houses 1 3 0 Australian Glass 5 0 0 Dunlop Perdriau Rubber 1 0 6 do.' (pref.) 1 18 3 Felt and Textiles 1 11 9 Goldsbrough Mort 1 8 7 Herald anad Times 2 17 0 National Reliance Investment Trust 9 6 Broken Hill Propty. 2 17 0 North Broken Hill 2 9 3 South Broken Hill 1 10 2 Emperor 10 0 Loloma * 1 2 3