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METAL SHARES SHOW FIRM FRONT ON INVERCARGILL EXCHANGE

Metal; companies’ shares continued to show a firm front on the Invercargill Stock Exchange yesterday. Buyers for Broken Hill Souths advanced to £l/11/- and Norths were firmer at £2/11/6. Mount Lyells moved up to £l/14/-. Inquiry for Australian industrials was confined to a few lines. A sale of New Zealand Refrigerating (cont.) at 8/1, was reported. Hie following were the sales:— ——

GOVERNMENT DEBENTURES

LONDON WOOL SALES SUSPENDED LONDON, September 12. The London wool sales, which were to open next Tuesday, have been suspended until further notice.

Buyers £ s Sellers d £ S d Stock, 3J p.c., 1939-43 99 15 0 Stock, 4 p.c., 1943-46 98 0 0 Bonds, 4 p.c., 98 1943-46 0 0 Stock, 4 p.c., 1946-49 99 0 0 Bonds, 4 p.c., 99 1946-49 0 0 Stock, 4 p.c., 1949-52 96 15 0 — BANKS Australasia 9 0 0 — Commercial 0 15 6 New Zealand 1 18 6 Union of Australia 7 16 0 BREWERIES New Zealand Breweries 1 lb 3 COAL Kaitangata 1 8 6 Westport Coal 1 0 9 Westport Stockton (ord.) 0 4 0 (pref.) 0 7 6 INSURANCE National 0 5 0 16 9 Standard 2 15 0 LOAN AND AGENCY Wright, Stephenson 0 19 (pref.) MEAT COMPANIES N.Z. Refrigerating (20/- paid) 0 16 6 (10/- paid) 0 8 0 Southland Frozen Meat 1 8 6 South Otago Freezing Co. 4 8 0 SHIPPING Union Steam Ship Co. (pref.) 1. 4 6 P. and O. Stock 1 5 0 WOOLLEN MILLS Bruce (pref.) 0 18 0 — Kaiapoi (pref.) 0 14 0 MISCELLANEOUS Australian Consolidated Industries 1 lb 0 Broken Hill Pty. 3 13 0 G. J. Coles 3 7 0 3 11 0 D.I.C. (pref.) 1 1 b —— Donaghy’s Rope and Twine 2 9 0 McLeod Bros’ Soap 28 5 0 New Zealand Drug 3 7 6 3 8 6 N.Z. Paper Mills 1 6 3 Otago Daily Times 2 0 6 Permanent Building Society 5 10 0 Woolworths Ltd. — 1 4 Woolworths Properties Ltd. 1 5 0 MINING Broken' Hill South 1 11 0 —— — North Broken Hill 2 11 6 A Big River 0 u Electrolytic Zinc (ord.) 2 19 0 (pref.) 3 0 Gillespie s Beach 6 0 0 10 Goldfields Dredging 0 u zS Mount Lyell 1 14 0 Mount Morgans 0 10’11 0 11 2 Nokomai 0 2 0 0 3 0 Austral (N.Z.) ■ - - — 1 4 6 AUCKLAND £ 8 d Stock 1943-46 4 p.c. 98 5 0 Bank of New South Wales 23 2 6 Bank of N.Z. 1 18 3 N.Z. Insurance 2 13 0 Dominion I. and B. 16 0 Farmers’ Auctioneering (£1 paid) 9 0 Renown (ord.) 8 1 A.C.I. (rights) (2) 4 Broken Hill Propty. 3 14 do. 3 14 4 do. 3 14 3 Colonial Sugar 47 10 0, Milne and Choyce (deb.) 16 6 N.Z. Refrigerating (paid) *17 0 Wilson's Cement 16 6 Woolworths (Syd.) 1 3 6 Waihi Investments b 6 Broken Hill South 1 13 6 Emperor 11 North Broken Hill la 3 Overseas List Woolworth’s Holdings (S.A.) 14 3 Unofficial List Metters (N.Z.) 14 0 WELLINGTON £ s d J P.c. Stock 1946 (Tues.) 98 5 0 4n.c. Stock 1955 (2) (Tues.) 95 15 0 Electrolytic Zinc (pref.) (Tues.) 3 2 0 Australian Consolidated Industries (rights) (Tues.) 4 6 do. (Tues.) 4 4 Colonial Sugar (Tues.) 48 10 0 Bank of N.Z. 1 17 10/2 do. 1 18 0 Kaitangata Coal 1 8 0 Broken Hill Propty. (2) 3 14 4 do. (2) 3 13 6 Woolworths (N.Z.) (2) 16 11 do. 16 9 Woolworths Ltd. 1 3 0 Wilson’s Cement 16 6 Waihi Investments 6 6 CHRISTCHURCH £ 6 d N.Z. Breweries 1 14 6 Australian Consolidated Industries (rights) 4 9 do. 4 6 do. 4 8 British Tobacco (ex div.) (2) 2 8 6 do. (2) 2 8 3 Broken Hill Propty. (2) 3 13 9 do. 3 13 7 do. 3 13 6 do. 3 13 3 do. 3 13 0 Woolworths (Syd., ord.) (cum div.) (3) 1 3 0 Mount Lyell 1 12 0 Sales Reported Bank of New South Wales 29 0 0 N.Z. Breweries 1 15 6 Australian Consolidated Industries 6 (rights) 4 do. 4 7 do. 4 9 do. (2) 4 8 Broken Hill Propty. 3 13 0 do. 3 14 0 Mount Morgan 11. 0 DUNEDIN £ B d 4 p.c. Stock 1943-46 98 0 0 National Insurance (2) 16 7 U.S.S. Co. (pref.) 1 5 0 Kaitangata Coal 1 8 0 N.Z. Drugs 3 7 9

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19390914.2.14.1

Bibliographic details

Southland Times, Issue 23922, 14 September 1939, Page 3

Word Count
757

METAL SHARES SHOW FIRM FRONT ON INVERCARGILL EXCHANGE Southland Times, Issue 23922, 14 September 1939, Page 3

METAL SHARES SHOW FIRM FRONT ON INVERCARGILL EXCHANGE Southland Times, Issue 23922, 14 September 1939, Page 3