NO NOTICEABLE IMPROVEMENT ON INVERCARGILL EXCHANGE

Southland Times, Issue 23930, 23 September 1939, Page 3

NO NOTICEABLE IMPROVEMENT ON INVERCARGILL EXCHANGE

No improvement was noticeable on the Invercargill Stock Exchange yesterday morning. The inquiry for Australian industrials was limited to only one or two lines. Little interest was shown by investors in banking shares. Metal companies’ shares were entirely neglected. The quotations were as follows:— —

SYDNEY (Received September 22, 9.30 p.m.) SYDNEY, September 22. Buyers are shoeing restraint on the Sydney share market and some sections are slightly weaker, notably barriers. Sellers, however, are not pressing.

GOVERNMENT DEBENTURES Buyers £ s d Sellers £ s d Stock, 4 p.c., 1940-43 ■ - 97 10 0 Stock, 4 p.c,, 1943-46 - 98 0 0 Bonds, 4 p.c., 1943-46 ■ 98 0 0 Stock, 4 p.c., 1946-49 98 5 0 Bonds, 4 p.c., 1946-49 ... 98 5 0 Stock, 4 p.c., 1952-55 95 10 0 Bonds, 4 p.c., 1952-55 95 10 0 Stock, 3| p.c., 1941-43 96 0 0 — BANKS Commercial 0 15 0 National of N.Z. .. 2 6 3 New Zealand 1 17 9 1 19 0 BREWERIES N.Z. Breweries 1 10 0 1 11 6 Tooth’s Brewery — 2 12 0 COAL Westport Coal 1 0 9 — Westport Stockton (ord.) 0 4 0 INSURANCE National 0 16 6 New Zealand 2 12 0 Standard 2 14 0 2 15 0 LOAN AND AGENCY Trustees’ Executors (Dunedin) 4 0 0 — MEAT COMPANIES N.Z. Refrigerating (20/- paid) 0 16 3 — — (10/- paid) 0 8 0 — SHIPPING Howard Smith ■ 1 2 0 Union Steam Ship Co. (pref.) 1 4 9 — WOOLLEN MILLS Bruce (pref.) 0 18 0 Kaiapoi (pref.) 0 14 0 — Mosgiel 9 2 6 — MISCELLANEOUS Australian Consolidated Industries 1 13 0 Broken Hill Pty. 3 10 0 G. J. Coles 3 15 0 D.I.C. (pref.) 1 1 9 Dominion Fertilizer 1 3 9 McKenzie’s Dept. Stores, Ltd. 2 3 6 McLeod Bros’ Soap — 28 5 0 New Zealand Drug 3 7 6 N.Z. Paper Mills 1 6 0 Otago Daily Times 2 0 6 Permanent Building Society 5 16 0 Wilson’s (N.Z.) Cement 0 16 4 0 16 9 Woolworths, Ltd. 1 2 0 — MINING Broken Hill South 1 11 0 Big River 0 1 0 Electrolytic Zinc (pref.) 2 19 6 Gillespie’s Beach 0 0 .0 Mount Lyell .... 1 1 12 0 Mount Morgans 0 10 0 Mount Morgans (pref.) ———— 1 2 6 Nokomai 0 1 6 0 2 0 Okarito 0 2 0 0 3 0 Austral (N.Z.) — 1 3 6 AUCKLAND

£ s d Stock 1938-41 3% p.c. 98 15 0 do. 1946-49 4 p.c. 98 0 0 do. 97 17 6 do. 1943-46 4 p.c. 97 17 6 Bank of N.Z. (2) 1 18 9 do. (2) 1 19 0 N.Z. Insurance 2 14 0 South British 2 3 6 Renown (pref.) 2 3 Westport Stockton (pref.) 8 0 Dominion Breweries 1 9 3 Broken Hill Propty. 3 12 0 do. 3 12 3 do. 3 12 6 Wilson’s Cement 16 7 do. 16 9 Woolworth’s Properties 1 2 6 Woolworths (Syd.) 1 2 9 do. 1 3 0 Mount Lyell 1 19 9 WELLINGTON £ s d 4 p.c. Stock 1943 (Thurs.) 97 2 6 Broken Hill Propty. (Thurs.) 3 11 0 N.Z. Insurance 2 14 0 N.Z. Breweries 1 11 3 British Tobacco 2 6 3 G. J. Coles 3 11 6 Wilson’s Cement 16 7 Woolworth's Properties (2) 1 2 6 CHRISTCHURCH £ s d Goldsbrough Mort 1 9 6 Broken Hill Propty. (2) 3 11 6 do. (2) 3 11 7 do. 3 11 6 Woolworths Ltd. (cum div.) 1 2 5 Sales Reported N.Z. Government 4 p.c. Inscribed 1946 98 0 0 National Bank of N.Z. 2 3 0 N.Z. Breweries 1 11 0 Broken Hill Propty. 3 12 3 Dunlop Rubber 18 3 DUNEDIN £ B d Christchurch Tramways 454 p.c. (deb.) 1942 99 10 0 Standard Insurance (2) 2 14 6 N.Z. Refrigerating (cont.) 8 3 N.Z. Breweries 1 11 3 Mount Lyell (Thurs.) 1 10 9

Sales: £ s d Commercial Banking of Sydney 17 13 0 do. (N.Z. delivery) 17 2 0 Union Bank 6 13 0 Bums Philp 2 11 0 British Tobacco 2 5 3 do. (N.Z. delivery) 2 5 0 Associated Newspapers 15 6 do. (pref.) 18 6 Toohey’s Breweries 1 6 6 G. J. Coles 3 8 0 Australian Consolidated Industries 1 13 0 do. (rights) 4 1 Hume Pipe (ex div.) ’ 16 9 Farmers 1 7 0 Woolworths 1 1 0 Goldsbrough Mort 1 9 9 Felt and Textiles 1 9 3 John McGrath 1 6 0 Electrolytic Zinc 2 14 0

Mount Morgan 9 0 do. (pref.) 1 0 9 Mount Lyell 1 9 6 Broken Hill Propty. 3 7 4. MELBOURNE Sales: £ 6 d Sank of Australasia 7 16 0 Commercial Bank of Australia 14 5 Goldsbrough Mort 1 9 6 G. J. Coles 3 8 0 Dunlop Perdriau Rubber 17 3 • do. (pref.) 1 11 0 Australian Consolidated Industries 1 12 10 do. (rights) 4 1 Broken Hill Propty. . 3 7 9 North Broken Hill 2 7 0