GOVERNMENT LOANS IN DEMAND ON INVERCARGILL EXCHANGE

Southland Times, Issue 23947, 13 October 1939, Page 4

GOVERNMENT LOANS IN DEMAND ON INVERCARGILL EXCHANGE

There was still good support coming for 'Government securities on the Invercargill Stock Exchange yesterday morning. Banking shares were neglected by buyers. Meat freezing companies’ shares were in steady demand and industrials showed little change. An improved market came for metal companies’ shares.

SALES REPORTED Bank of New Zealands, £2. Southland Frozen Meats, £l/8/IJ. Stock, 4 p.c., 1946-49, £9B/2/6. AUCKLAND

WELLINGTON

CHRISTCHURCH

DUNEDIN

SYDNEY (Received October 12, 11.5 p.m.) SYDNEY. October 12. The Sydney Stock Exchange was rather active today with prices tending higher for all favoured stocks.

MELBOURNE

Quotations were as follows:— GOVERNMENT DEBENTURES Buyer Seller £ s d £ s d Stock, 4 p.c., 1943-46 98 0 0 Bonds, 4 p.c., 1943-46 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 Stock, 3J p.c., 1953-57 — 91 0 0 Stock, 3J p.c., 1941-43 96 0 0 BANKS 1 National of New 6 3 BREWERIES N.Z. Breweries 1 16 0 COAL Kailangala 1 7 0 _ - - Westport Coal 1 0 9 ■■ — Westport Stockton (ord.) 0 4 0 (pref.) . 0 8 0 INSURANCE National 0 16 8 0 17 0 LOAN AND AGENCY Trustees’ Executors (Dunedin) 4 0 0 Wright, Stephenson (pref.) 0 19 0 MEAT COMPANIES N.Z. Refrigerating - (20/- paid) 0 16 6 ——— (10/- paid) 0 o 1 Southland Frozen ' Meat 18 0 18 6 SHIPPING Howard Smith — 1 2 0 Union Steam Ship Co. (pref.) 14 9 WOOLLEN MILLS Bruce 0 10 0 — 0 Kaiapoi <oi a.) —— v Mosgiel » o x - Oamaru 0 15 0

MISCELLANEOUS Australian Consolidated Industries 1 17 0 • Broken Hill Pty. 6 3 14 0 G. J. Coles o y D.I.C. (pref.) 1 1 1 A 9 D Dominion Fertilizer Hume Pipe (Aust.) 0 16 y * Milburn Lime and Cement 1 15 0 N.Z. Drug 3 7 9 3 8 b N.Z. Paper Mills 1 5 6 Otago Daily Times ■ 2 0 6 Permanent Building Society ' 5 17 1 ’9 0 ■ Woolworths, Ltd. 1 6 y ■ Woolworths Pro1 -i Q . perties, Ltd. 1 1 MINING Broken Hill South 1 8 9 • —— Big River 0 1 0 Electrolytic Zinc 9 1ft 6 ■ (ord.) & 10 (pref.) 3 0 0 Gillespie’s Beach 1 11 fl . 0 U 1U Mount Lyell 1 11 Mount Morgans 0 9 5 0 1U 0 Nokomai 0 1 6 9 1 ii Okarito 0 3 u Austral (N.Z.) 1 3 6

£ s d Stock 1943-46 4p.c. 98 10 0 Otahuhu 1957 Hi p.c. 96 15 0 Bank of Australasia (odd lot) 8 10 0 National Bank of N.Z. 2 2 9 do. 2 3 0 Bank of N.Z. 1 19 0 Union Bank (2) 7 3 6 N.Z. Insurance (2) ' 2 14 6 South British 2 4 3 Renown (pref.) 2 3 Dominion Breweries 1 13 9 N.Z. Breweries 1 16 9 Broken Hill Propty. 3 14 0 do. (2) 3 15 3 Electrolytic Zinc 2 17 9 do. (pref.) 2 19 3 G. J. Coles 3 11 6 Henry Jones 2 15 5 Woolworths (Syd.) 1 2 10 do. 1 2 11 do. 1 2 10

£ S d 4p.c. Stock 1958 97 10 0 N.Z. Insurance (2) 2 14 6 Broken Hill Propty. 3 14 0 Dunlop Perdrlau 19 6 Electrolytic Zinc (pref.) 2 18 6 Woolworths Ltd. 1 2 10

£ s d Broken Hill Propty. 3 14 0 do. 3 14 3 do. 3 14 5 Electrolytic Zinc (ord.) (2) 2 17 6 Woolworths (Syd., ord.) 1 2 9 do. 1 2 10 do. 1 2 11 Mount Lyell 1 12 0 Sales Reported Commercial Bank of Australia 15 0 National Bank of N.Z. 2 3 3 Union Bank of Australia 7 7 6 N.Z. Breweries 1 16 9 do. 1 17 6

£ s d Bank of N.Z. 1 19 0 Wellington Woollen (ord.) 5 5 0 N.Z. Paper Mills (Wed.) 1 5 0 Woolworths (Syd.) 1 2 10

Sales: £ s d Bank of New South Wales (N.Z. delivery) 26 15 0 Colonial Sugar 45 15 0 British Tobacco 2 5 6 G. J. Coles 3 5 3 Woolworths 1 1 0 Drug Houses 1 5 0 Australian Consolidated Industries 1 16 3 do. (contr.) 11 0 Anthony Hordern 13 4 Morts Dock’ 15 3 Dalgetys 5 10 0 Henry Jones (N.Z. delivery) 2 12 6 Electrolytic Zinc (N.Z. delivery) 2 13 6 do. (pref.) 2 15 6 Mount Lyell 1 9 5 Broken Hill Propty. 3 7 3 Arahura 1 7 6

Sales: £ s d Australian Consolidated Industries 1 16 0 do. (contr.) 11 0 Imperial Chemicals (pref.) 1 0 9 Felt and Textiles 1 10 9