AUSTRALIAN INDUSTRIALS FIRM ON INVERCARGILL EXCHANGE

Southland Times, Issue 23769, 17 March 1939, Page 3

AUSTRALIAN INDUSTRIALS FIRM ON INVERCARGILL EXCHANGE

The market for Government securities remained unchanged on the Invercargill Stock Exchange yesterday. _ Banks were very quiet, buye’s appearing for only two lines: National of New ealands at £2 5/6 and Unions at £B. Insurances were inactive. Australian industrials were firm, good inquiry coming for Broken Hill Proprietaries, G. J Coles and Tobaccos. Australian mining stocks were steady to firm. Sales of Mosgiel Woollens at £9 7/6 and Southland Frozen Meats at £1 7/6 were reported. Quotations were called as follows: —

GOVERNMENT DEBENTURES Buyers Sellers £sd £ s d Stock, 4 p.c,, „ n 1943-46 — 98 15 0 Bonds, 4 p.c., „ 1946-49 — 98 15 0 Stock, 4 p.c., 1952 99 5 0 99 12 6 Stock, 4 p.c., 1952-55 99 10 0 Bonds, 4 p.c., 1952-55 99 10 0 Stock, 3J p.c., 1941-43 98 0 0 BANKS Commercial 0 16 7 National of New Zealand 2 5 6 _ New Zealand 1 19 3 Union of Australia 8 0 0 ——— BREWERIES Dunedin Brewery _ A Co. 15 0 N.Z. Breweries 1 18 0 Tooth’s Brewery 215 0 COAL Kaitangata 16 0 ——- —- Westport Coal 10 6 110 Westport Stockton (pref.) 0 7 3 (ord.) 0 4 0 INSURANCE National 015 8 016 0 LOAN AND AGENCY Goldsbrough, Mort and Co. 110 0 National Mortgage 2 0 6 Trustees' Executors (Dunedin) 4 0 0 — — Wright, Stephenson _ _ „ (pref.) 019 6 MEAT COMPANIES N.Z. Refrigerating (20/- paid) ■ 0 16 0 (10/- paid) — 0 6 9 Southland Frozen- „ „ Meat — 17 9 SHIPPING Huddart-Parker _ — 216 0 Union Steam Ship Co. (pref.) 14 0 P. and O. Stock 16 0 ■ WOOLLEN MILLS Bruce 012 0 Mosgiel 9 9 0 MISCELLANEOUS Broken Hill Pty. 2 19 0 British Tobacco (Aust.) 210 6 211 3 Colonial Sugar Co. 49 5 0 G. J. Coles 3 18 9 - D.I.C. (pref.) 12 9 Dominion Fertilizer 13 0 Donaghy’s Rope and Twine 2 3 0 ———— 1.C.1. (pref.) 13 6 Milburn Lime and Cement 113 9 — N.Z. Drug 3 5 0 3 7 0 N.Z. Guarantee Corporation 0 4 6 Otago Daily Times ———2 10 Permanent Building Society 5 15 0 Woolworths, Ltd. 13 3 Woolworths (N.Z.) 016 3 - Woolworths Properties, Ltd. 15 9 — - MINING Broken Hill South (ex. div.) 18 9 North Broken Hill 2 7 6 Gillespie’s Beach ■ 0 011 Goldfields Dredging —— 0 0 2J Mount Lyell 1 7 3 1 7 11 Mount Morgans 011 0 011 5 Mount Morgan (pref.) ■ 1 ■ 12 0 Nokomai ■ 0 19 Austral (N.Z.) 13 9 AUCKLAND

SYDNEY (Received March 16, 10.25 p.m.) SYDNEY. March 16. A cautious tendency developed on the Stock Exchange today. Base metal shares were weaker and industrials were marked down. Sales:

£ s d Stock 1949-52 4p.c. 99 10 0 Abraham and Williams 5 p.c. deb. 88 0 0 Commercial Bank of Australia (Wed.) 16 5 E.S. and A. Bank 5 3 9 Bank of N.Z. (2) 1 18 9 South British 2 3 9 Abraham and Williams 10 0 Auckland Gas 17 2 Kauri Timber 1 3 6 Dominion Breweries (Wed.) 1 10 0 do. 1 10 0 British Tobacco 2 10 8 • do. 2 10 6 do. 2 10 9 Broken Hill Propty. 2 19 9 do. 3 0 0 do. 2 19 6 do. (con.) 2 6 9 Colonial Sugar 48 17 6 Electrolytic Zinc 2 9 0 do. (pref.) (2) 2 12 0 Farmers’ Trading (odd lot) (Wed.) 17 6 G. J. Coles 4 0 0 N.Z. Drug (2) 3 6 0 Reid Rubber 1 4 9 Woolworths (Syd.) (2) 1 3 1 Grey River 18 3 Overseas List •Woolworth’s Holdings (S.A.) 14 9 WELLINGTON £ s d Bank of New South Wales (Wed.) 30 0 0 Union Bank (Wed.) 8 2 6 4 p.c. Stock 1949-52 99 10 0 4 p.c. Stock 1946 98 12 6 Bahk of N.Z. (4) 1 18 9 British Tobacco 2 10 7 Broken Hill 2 19 6 Colonial Sugar 48 18 9 I.C.I. (pref.) 1 3 9 Hume Pipe 1 0 5 After Call MacDuffs Ltd. (ord.) 2 6 Woolworths Ltd (ord.) (2) 1 3 0 Broken Hill (contr.) 2 6 9 Australian Consolidated Industries 1 12 6 CHRISTCHURCH £ s d Commercial Bank of Australia (2 ) 16 4 do. 16 3 Dunlop Rubber 1 1 3 Hume Pipe (Aust., cum div.) 1 0 3 Woolworths (Syd., ord., cum div.) (4) 1 3 0 Mount Morgan (2) 11 0 Grey River 18 6 Kanierl 1 15 9 Sales Reported N.Z. Government 4 p.c. Inscribed 1949-52 99 10 0 Commercial Bank of Australia (2' 16 6 British Tobacco (cum div.) 2 10 3 Hume Pipe (Aust., cum div.) 1 10 5 Waihi Investments (2) 8 0 DUNEDIN Sales Reported £ s d Bank of N.Z. (Wed.) 18 9 4 p.c. Stock 1943-46 (Wed.) 98 10 0 4 p.c. Stock 1952-55 99 0 0 4 p.c. Stock 1949-52 99 12 6 Bank of N.Z. 1 18 9 Bruce Woollen (ord.) 11 0 N.Z. Drug 3 6 0 Westland Breweries 1 5 0 Woolworths (South Africa) 14 10 Woolworths (Syd.) 1 3 0 After Call Broken Hill Propty. 2 19 3

£ B d Bank of New South Wales 29 4 0 Commercial Bank of Australia 15 6 United Insurance 10 2 0 Associated Newspapers (pref.) 1 2 3 Adelaide Steam 1 11 3 Burns Philp 2 11 9 Australian Gas (A) 7 2 0 British Tobacco 2 9 0 Tooth's Brewery 2 14 0 Toohey’s Brewery 1 10 6 Woolworths 1 2 0 Dunlop Perdriau Rubber 1 0 10>/ 2 Anthony Hordern 14 9 Lustre Hosiery 19 9 Stedmans 12 9 Morts Dock 14 6 W. Atkins 1 2 3 W. Adams 15 4>,i Sargents 1 9 3 Standard Cement 1 1 9 Henry Jones 2 9 6 Colonial Sugar 48 10 0 Miliaquin Sugar 1 18 4’i Electrolytic Zinc 2 7 0 do. (pref., N.Z. delivery) 2 9 9 Broken Hill Propty. 2 17 3 do. (contr.) 2 5 6 North Broken Hill 2 5 7’/ 2 Rawang Tin 7 1 Taranaki Oil 8 9 Kanierl 1 15 3 MELBOURNE Sales: £ s d Emperor 8 4 Woolworths 1 2 0 G. J. Coles 3 16 0 National Bank (£5 paid) 6 10 0 Loloma 1 0 6 North Broken Hill 2 5 9 Broken Hill Propty. 2 16 9 Commercial Bank of Australia 15 5