MONEY AND MARKETS

Southland Times, Issue 23948, 14 October 1939, Page 3

MONEY AND MARKETS

DEMAND FOR BONDS AND STOCKS ON INVERCARGILL EXCHANGE

A good inquiry prevailed for bonds and stocks, especially the 4 per cent, issue, on the Invercargill Stock Exchange yesterday. Banks were quiet and unchanged. A steady demand came for freezing companies’ shares. Industrials showed no change, but there was an improved market for metal companies scrip. Sales were reported of Southland Frozen Meats at £l/7/1 and Dominion Breweries at £l/13/9.

SYDNEY (Received October 13, 10.30 p.m.) SYDNEY, October 13. The share market, at Sydney today was firm with a healthy undertone.

MELBOURNE %ales:

Quotations were as follows — GOVERNMENT DEBENTURES Buyer Seller £ s d £ 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 " 1 Stock 4 p.c., 1952-55 96 10 0 Bonds 4 p.c., 1952-55 96 10 0 Stock, 3i p.c., 1941-43 96 0 0 — BANKS Australasia 8 10 0 . —■— Commercial 0 15 1 National of New Zealand 2 3 3 New Zealand 1 19 0 New Zealand Long “D” issue 1 5 6 — BREWERIES N.Z. Breweries 1 16 3 Tooth’s Brewery 2 12 0 11,1 COAL Westport Coal 1 0 9 ■ ■■ Westport Stockton (ord.) 0 4 0 (pref.) 0 8 0 INSURANCE National 0 16 8 0 17 1 New Zealand 2 14 0 South British 2 5 0 Standard 2 14 3 — MEAT COMPANIES N.Z. Refrigerating (20/- paid) 0 16 6 (10/- paid) 0 8 2 Southland Frozen Meat 1 7 9 1 8 3 SHIPPING Howard Smith 1 2 0 Union Steam Ship Co. (pref.) 1 4 9 — WOOLLEN MILLS Bruce 0 10 0 Mosgiel 9 5 0 Oamaru 0 15 0 - - Wellington Woollens 5 0 0 5 10 0 MISCELLANEOUS Australian Consolidated Industries 1 16 9 Broken Hill Pty. 3 14 0 G. J. Coles 3 10 0 — D.l.C. (prei.) 1 I 9 .. — Dominion Fertilizer 1 4 0 1 4 9 McLeod Bros’ Soap 28 5 0 Milburn Lime and Cement 1 15 0 N.Z. Drug 3 7 9 N.Z Papei Mills 1 5 3 Otago Daily Times — 2 0 6 p nrmanent Building Society 5 17 0 Wilson’s (N.Z.) Cement 0 17 0 ■ Woolworths Ltd. 1 2 9 Woolworths Properties, Ltd. 1 2 0 ——. MINING Broken Hill South 1 9 0 — North Broken Hill & o Big River 0 0 10 .■aectrulytic Zinc (ord.) 2 16 0 2 18 0 (pref.) 2 17 0 ——— Giuespie’s Beach — 0 ' 10 Mount Lyell 1 11 0 — ■ • Mount Morgans 0 9 4 0 10 0 Nokomai t, 1 11 Okarito t 2 9 Taranaki Oil Fields 0 3 3 ■ Austral (N.Z.) 1 3 6 AUCKLAND £ b a Bonds 1954-58 4 p.c. 97 10 o Stock 1953-57 3'/ 2 p.c. 91 0 0 do. 1940-43 4 p.c. 98 5 0 Utahuhu Borough 1962 4>,4p.c. 96 0 0 Amalgamated Brick (Auck.) 944 6 p.c. 98 0 0 xVational Bank oi N.Z. 2 2 10 National Bank of Australasia (£5 paid) 6 5 U Bank of N.Z. (2) 1 19 0 do. 1 19 3 Union Bank (2) 7 3 6 Kaiapoi Wool (paid) 11 3 Dominion Breweries 1 13 6 N.Z. Breweries 1 16 9 A.C.I. 2 0 3 do. (con ) 12 U Berlei (N.Z.) 3 0 0 Broken Hill Propty. 3 15 9 Electrolytic Zinc (pref.) 1 3 0 0 do. (ord.) 2 18 6 Wilson’s Cement 17 3 Woolworths (Syd.) 1 3 3 Mount Lyell 1 12 6 WELLINGTON £ s a 4 p.c. Stock 1949 (Thurs.) 98 5 0 Bank of New South Wales (Thurs.) 2" 10 0 South British Insurance (Thurs.) 2 4 3 Broken Hill (Thurs.) 3 14 6 4 p.c. Stock 1943 97 15 0 do. 97 17 6 4 p.c. Stock 1958 97 10 0 Bank of N.Z. 1 19 0 Union Bank 7 3 6 Queensland Brewery (rights) 2 9 Electrolytic Zinc (pref.) (3) 2 19 3 do. 2 19 1 *2 Dunlop Rubber 19 6 G. T Coles 3 12 0 do. 3 12 3 Wilson’s Cement 17 3 Woolworths Ltd. 1 3 0 do. 1 3 2 Mount Lyell 1 12 0 N.Z. Insurance (2) 2 14 6 CHRISTCHURCH £ 6 d South British Insurance (cum div. 2' 4 3 Australian Consolidated Industries 2 0 0 Colonial Sugar 49 15 0 Taranaki Oilfields 5 0 Woolworths (Syd., ord.) 1 3 2 do. (2) 1 3 3 do. * 1 3 4 Mount Morgan 9 9 Mount Lyell (2) 1 12 6 Sales Keported N.Z. Government 4 p.c. Inscribed 1949 98 12 6 Commercial Bank of Australia (Thurs.) 17 6 Woolworths (N.Z.) 16 10 Woolworths (S.A.) 13 10 DUNEDIN £ s d 4 p.c. Stock 1954-58 97 10 0 * Kaiapoi (ord.) 11 3 N.Z. Breweries 1 16 9 Mount Lyell 1 12 3 Electrolytic Zinc (ord.) 2 17 6 Berlei (N.Z.) 3 0 0

Sales: £ s a Bank of New South Wales 26 15 0 Bank of Australasia 7 9 0 Burns Philp 2 12 3 Tooth's Breweries 2 10 0 G. J. Coles 3 5 6 Australian Consolidated Industries 1 15 7 lb Dunlop Perdriau Rubber 18 0 Kandos 1 8 1 Henry Jones 2 12 9 Electrolytic Zinc 2 14 0 do. (pref.) 2 15 6 Broken Hill Propty. 3 7 1 Broken Hill South 1 7 10

£ s d Bank ot Australasia 7 10 0 Australian Consolidated Industries 1 15 6 do. (contr.) 10 10 Commercial Bank of Australia 13 10 Dunlop Perdriau Rubber 18 1 Electrolytic Zinc 2 14 0 Emperor 9 11