MONEY AND MARKETS

Southland Times, Issue 23893, 11 August 1939, Page 3

MONEY AND MARKETS

N.Z. INDUSTRIALS STEADY ON INVERCARGILL EXCHANGE

The prices for the shares of the main New Zealand industrial companies were steady on the Invercargill Stock' Exchange yesterday morning. The market, generally, was very quiet.

Quotations were called as follows:

SYDNEY (Received August 10. 8.25 p.m.) SYDNEY. August 10. The Stock Exchange shows little change and all sections of the market are relatively steady at the recent reduced levels.

GOVERNMENT DEBENTURES Buye £ s ir d £ Seller s d Stock, 3J p.c., 1939-43 99 0 0 Stock, 4 p.c., 1943-46 99 0 0 Bonds, 4 p.c., 1943-46 99 0 0 Stock, 4 p.c., 1952 96 0 0 Stock, 4 p.c., 1952-55 96 0 0 Bonds, 4 p.c., 1952-55 96 0 0 Stock, 3J p.c., POl 0 J. » BANKS Commercial —— 0 16 9 National of New Zealand 2 6 0 New Zealand 1 18 9 1 19 b New Zealand tong “D” issue 1 6 9 — BREWERIES Dominion Brewery 1 13 0 N.Z. Breweries 1 16 Tooth’s Brewery 2 14 9 0 COAL Kaitangata 1 7 0 Westport Coal 1 0 6 1 1 0 Westport Stockton 8 4 (pref.) INSURANCE National 0 16 S 0 16 11 Standard 2 14 9 LOAN AND AGENCY Trustees’ Executors (Dunedin) 4 5 0 Wright, Stephenson (pref.) — U 4 MEAT COMPANIES N.Z. Refrigerating (10/- paid) 0 8 1 0 8 5 Southland Frozen Meat 1 7 6 South Otago Freezing Co. 4 5 0 SHIPPING 1 1 6 Howard Smith Union Steam Ship 6 1 5 Co. (prei.) WOOLLEN MILLS Bruce 0 10 3 Kaiapoi 0 12 b MISCELLANEOUS Australian Consol2 0 0 idated Industries 3 8 6 Broken lull British Tobacco 2 12 0 (Aust.) Colonial Sugar 48 10 0 G. J. Coles 3 17 9 Dominion Fertilizer 1 4 0 McKenzie’s Dept. Stores, Ltd. 2 1 0 Milburn Lime and Cement 1 15 N.Z. Drug 3 8 6 9 New Zealand Paper z Mills 1 5 Otago Daily Times 1 18 Permanent Building Society 5 16 Woolworths, Ltd. 1 4 6 0 0 MINING Big River 0 0 f !i Electrolytic Zinc 2 14 0 (ord.) 2 18 0 0 0 19 Gillespie s Jleacn -■ Goldfields Di edging ■ 1 Mount Lyell 1 f 3 1 8 9 Mount Morgans o ? 0 Nokomai Austral (N.Z.) 1 4 u AUCKLAND £ d Stock 1939-43 314 P-C. 99 10 0 E.S. and A. Bank 4 16 Bank of N.Z. 1 N.Z. Insurance South British 2 3 Dominion Investment (Auck.) 16 6 Westport-Stockton (ord.) 4 0 Broken Hill Propty. 2 8 Bycroft (2) 1 15 6 Electrolytic Zinc (ord.) 2 12 9 Farmers’ Trading 18 2 G. J. Coles 3 18 9 N.Z. Drug N.Z. Newspapers (2) 1 12 9 Wilson's Cement (2) 17 3 Woolworths (Syd.) do. 1 1 4 4 3 4 Martha 9 6 Waihi Investments 6 3 Overseas List Woolworth's Holdings (S.A.) 14 9 WELLINGTON G a Woolworths Ltd. (Wed.) 1 4 3 Commercial Bank of Australia (2) 16 8 N Z. Guarantee Corporation 4 2 Wellington Gas (ord.) 1 8 3 Oamaru Woollen (2) 15 0 Electrolytic Zinc (ord.) (2) 2 13 6 Woolworths (N.Z.) (ord.) 17 1 10 Mount Lyell 1 8 3 Bank of N.Z. 1 19 3 CHRISTCHURCH £ d Bank of N.Z. (3) 1 19 4 Broken Hill Propty. (2) 3 , 8 0 N.Z. Government 3 1 ,4 p.c. Inscribed 1939-43 99 15 0 Woolworths (N.Z.) 17 1 11 Ngahere Gold (2) 1 2 3 Sales Reported Commercial Banking of Sydney (cum div.) (Wed.) 20 10 0 Electrolytic Zinc (pref., cum div.) (Wed.) . 2 17 9 Woolworths (Syd., ord.) 1 4 3 DUNEDIN £ d Standard Insurance 2 15 3 W.lght. Stephenson (ord.) 19 9 Westport Coal 1 0 9 N.Z. Newspapers 1 12 9 New River 10

Sales: £ « a Bank of New South Wales 28 5 0 Commercial Banking of Sydney 18 1 0 Colonial Sugar 44 17 6 Associated Newspapers 17 10 do. (pref.) 1 1 1 British Tobacco 2 6 0 Tooth’s Brewery 2 11 9 Toohey's Brewery 1 8 9 General Industries 19 0 Morts Dock 15 3 W. Adams 15 7/2 Cash orders 16 3 Standard Cement 1 2 6 Henry Jones 2 10 3 Fairymead Sugar 1 12 6 Electrolytic Zinc (N.Z. delivery) 2 9 3 Mount Morgan 9 0 Broken Hill Propty. 3 1 9

South Broken Hill 1 6 0 Emperor 10 9 Oil Search 3 10 MELBOURNE Sales: if-* 6 d National Bank (£10 paid) 12 12 0 Australian Consolidated Industries 1 15 9 Dunlop Perdriau Rubber 18 0 Herald and Times 3 2 3 Drug Houses 1 2 0 Mount Morgan 8 11 Emperor 10 1 Loloma 1 5 3 Broken Hill Propty 3 1 6 South Broken Hill 1 6 0