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BANK SHARES QUIET ON INVERCARGILL EXCHANGE

Interest was still being shown by investors in Government securities on the Invercargill Stock Exchange yesterday. Banks were a little more prominent, but the market was still quiet. There was inquiry for only one or two Commonwealth industrial lines. Metal companies’ shares were neglected. A sale of Bank of New Zealands at £2 was reported. Quotations were as follows:—

GOVERNMENT DEBENTURES Buyers Sellers £sd £ s d Stock, 4 p.c., 1940-43 98 0 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 0 0 Bonds, 4 p.c., 1946-49 98 0 0 Stock, 4 p.c., 1952-55 96 10 0 Bonds. 4 p.c., • 1952-55 96 10 0 BANKS Commercial 014 8 015 0 National ot New Zealand 22 6 2 4 0 New Zealand 1 19 9 New Zealand long “D” issue 15 6 BREWERIES N.Z. Breweries 1 14 6 Tooth’s Brewery 212 6 - COAL Kaitangata , 17 0 — Westport : Coal ' 10 9 ■. Westport Stockton (ord.) —— 0 4 0 (pref.) 0 8 0 INSURANCE National 016 7 016 11 Standard 2 14 0 LOAN AND AGENCY National Mortgage . B 1 2 0 Wright, Stephenson (pref.) , 0 19 0 MEAT COMPANIES N.Z. Refrigerating (20/- paid) 0 16 6 — (10/- paid) 0 8 0 0 8 5 Southland Frozen Meat 17 6 • SHIPPING Howard Smith —■ 12 0 Union Steam Ship Co. (pref.) . 14 9 WOOLLEN MILLS Bruce (pref.) .0180 Kaiapoi (pref.) 0 14 ‘ 0 Wellington Wqqllerjs 5 , 0 , 0 ■ —— : MISCELLANEOUS Australian Consolidated Industries 116 0 — Broken Hill Pty. 313 6 G. J. Coles 3 10 0 D.I.C. (pref.) 119 Dominion Fertilizer 14 0 14 9 Dominion Rubber Co. 017 0 1 0 0 McLeod Bros.’ Soap 28 5 0 N.Z. Drug 3 7 9 Otago Daily Times —2 0 6 Permanent Building Society 5 17 0 Wilson’s (N.Z.) Cement 0 17 0 Woolworths, Ltd. 12 8 Woolworths (N.Z.) 017 0 MINING Big River 0 0 6 Electrolytic Zinc (ord) — ; 2 18 0 Gillespie’s Beach — 0 010 Mount Lyell .• 1 11 6 Mount Morgans -. 0 9 2 0 9 5 Nokomai • . 0 1 6 0 111 Okarito . - ■. ... 0 3 0. Austral (N.Z.) 13 6 AUCKLAND

WELLINGTON

CHRISTCHURCH

DUNEDIN

SYDNEY (Received October 10, 10.5 p.m.) SYDNEY, October 10. Some expansion in the demand for industrial shares was noted on the Sydney Stock Exchange today, the market tending firmer.

MELBOURNE

f ■ ■ £ s d Stock 1940-43 4 p.c. 97 -17 '6 Auckland Harbour Board 1940 ' 4>/ 4 p.c. 101 0 0 Commercial Bank of Australia . 15 0 E.S. and A. Bank 4 10 0 National Bank of Australia (£10 paid) (odd lot) 13 0 0 South British " 2 14 ’3 National Mortgage-(A) 4 1.15 0 Auckland Gas 15 0 Huddart Parker (2) 3 2 0 Dominion-Breweries 1 13 '6 do. • 1 13 9 A.C.I. 1 6 9 do. (2) ’’ '• '1 17 0 do. 1 17 3 Broken Hill Propty. (2) 3 13 3 G. J. Coles 3 11 0 Henry Jones ■ 2 14 6 Woolworths (Syd.) 1 2 7 do. (2) 1 2 8 Mount Morgan 9 9

£ s d Auckland Gas (ord.) (Mon.) 15 0 National Insurance (Mon.) 16 8 Woolworths Ltd. (Mon.) 1 2 7 Bank of N.Z. 2 0 3 N.Z. Breweries (2) 1 16 9 G. J. Coles (odd lot) 3 11 0

£ s d Goldsbrough Mort 1 0 0 Woolworths (Syd., ord.) 1 2 9 Mount Lyell 1 11 6 Grey River (2) 16 0 Sales Reported N.Z. Insurance a 2 14 3 Australian Iron and Steel (pref.) (cum div.) 1 8 3 Hume Pipe (Aust.). 17 3 Morts Dock 16 3 Mount Lyell 1 11 7 Mount Morgan 9 6

£ s d Commercial Bank 14 11 National Insurance 16 8 Huddart Parker (ord.) 3 2 0 Hume Pipe 17 3 Tooth's Brewery 2 12 3

Sales: £ s d Bank of New South Wales 26 18 0 Colonial Sugar 45 5 0 do. (N.Z. delivery) 45 5 0 Millaquin Sugar 2 1 6 Fairymead Sugar 1 14 0 Burns Philp 2 10 0 British Tobacco 2 15 0 G. J. Coles . . . , 3 5 0 Woolworths. 1 1 1 Australian Consolidated Industries ; 1 15 4>,4 do. (N.Z. delivery) 1 15 4*2 Farmers 1 6 6 Gordon and Gotch 2 4 6 Electrolytic Zinc 2 13 0 do. (pref.) 2 15 0 Mount Lyell 1 9 4 Mount Morgan 9 1 Mauri Brothers 3 7 3 Broken Hill Propty. 3 7 3

Broken Hill South 1 8 0 Rawang Tin 8 9 Emperor 9

Sales: £ s d National Bank (£5 paid) 5 IE 0 Goidsbrough Mort 1 8 9 Metropolitan Gas 13. 0 0 Broken Hill Propty. 3 7 0 Emperor 9 9

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19391011.2.15.1

Bibliographic details

Southland Times, Issue 23945, 11 October 1939, Page 3

Word Count
783

BANK SHARES QUIET ON INVERCARGILL EXCHANGE Southland Times, Issue 23945, 11 October 1939, Page 3

BANK SHARES QUIET ON INVERCARGILL EXCHANGE Southland Times, Issue 23945, 11 October 1939, Page 3