QUOTATIONS ON EXCHANGE

Southland Times, Issue 23988, 1 December 1939, Page 3

QUOTATIONS ON EXCHANGE

Yesterday’s Call-Over At Invercargill Quotations at yesterday’s call over on the Invercargill Stock Exchange were.— GOVERNMENT DEBENTURES

SYDNEY o ' (Received November 30, 10.30 p.m.) SYDNEY, November 30. On the Stock Exchange there was renewed activity for British Tobacco, Tooth’s Brewery and Colonial Sugar. There was also greater interest in gold mining issues.

WOOL APPRAISEMENT AT DUNEDIN CONDITION OF CLIP LIGHTER (United Press Association) DUNEDIN, November 30. The first Dunedin wool appraisement will begin on December 18 and will probably comprise 20,000 bales. The Otago clip will be lighter in condition than usual with a substantial reduction in quantity because ,qf sheep losses during, the severe winter. WORK AT WELLINGTON BEGINS (United Press Association) WELLINGTON, November 30. The appraisement of wool at Wellington began today and 21,000 bales were dealt with. COMPANY NEWS GOLDSBROUGH MORT (United Press Association) .. WELLINGTON, November 30. Goldsbrough Mort has declared an interim dividend of 2 per cent., payable at Melbourne on December 20. DREDGE IN CROMWELL MAY BE IN OPERATION NEXT FEBRUARY The dredge of the Austral New Zealand Mining Ltd., at Lowburn, Cromwell, may be in operation next February, according to a communication received by Reid and Jones from Mr R. J. D. Richardson, of Sydney, director of the company. '‘We are doing our utmost to begin operations and shall start the dredge at the earliest possible time,” states the communication. “When this will be is as yet beyond our power to forecast accurately, but the latest estimates of our local engineers indicate that operations may begin about next February. “The outbreak of war upset arrangements considerably as certain machinery parts were left on English docks without shipping facilities and the labour force on erection works was depleted to meet calls for military duty. AU that is possible is being done to expedite the work to a stage of completion.” MOSSY CREEK (United Press Association) GREYMOUTH, November 30. The Mossy Creek return was 37 ounces from 130 hours’ work on 5065 yards. COLOMBO TEA AUCTION J. Rattray and Son Ltd., Invercargill, have received the following cabled report of the tea auction held in Colombo on Tuesday:— Continued seasonal decline in quality of offerings, with small supplies available; demand for aU grades weaker with decline towards end of sale of jd to Id per lb particularly in medium and fine teas; quantity, l,500,0001bs; next sale, 1,500,0001b5. SYDNEY PRODUCE MARKETS (Received November 30, 9.5 p.m.) SYDNEY, November 30. Produce quotations are:— Wheat—Old and new, 2/10 a bushel; silo 3/1. Bagged Flour —£12/15/- a ton. Bran and Pollard—£3/15/- a ton. Potatoes —Tasmanian, to £l2 a ton; local North Coast, £B/10/- a ton. Onions —Queensland Brown, £9 a ton. Maize—White and Yellow, 4/7 a bushel.

Buyer Seller £ s d £ s d Stock, 4 p.c., 1943 99 0 0 99 10 0 Stock, 4 p.c., 1943-46 99 0 Stock, 4 p.c.. 1946-49 98 5 0 U8 15 0 Stock, . 4 p.c., 1949-52 97 0 Stock, 3J p.c., 1954-58 / 98 5 0 98 15 0 BANKS E.S. and A. Bank 4 12 0 — New Zealand 1 19 9 2 0 b BREWERIES N.Z. Breweries 1 16 6 COAL Kaitangata 1 9 Westport Coal 1 3 Westport Stockton 0 3 6 0 3 9 (pref.) 2 16 6 — INSURANCE National 0 18 0 — New Zealand 2 18 6 South British 2 7 9 Standard 2 16 6 — LOAN AND AGENCY Dalgety and Co. 6 10 0 — Goldsbrough Mort and Co. 1 12 6 Trustees’ Executors (Dunedin) 4 0 0 Wright, Stephenson (pref.) 0 19 0 MEAT COMPANIES N.Z. Refrigerating (20/- paid) 0 18 9 - (10/- paid) 0 8 11 0 9 1 Southland Frozen Meat 1 9 6 1 11 0 SHIPPING / Union Steam Ship Co., (pref.) 1 5 6 P. and 0. Stock 1 10 0 WOOLLEN MILLS Bruce 0 15 0 — Kaiapoi 0 15 3 • - ■— Mosgiel 9 6 0 ■ MISCELLANEOUS Broken Hill Pty. 4 4 0 1' — G. 5. Coles 4 0 6 Dominion Fertilizer 1 5 0 Donaghy’s Rope and Twine 2 7 6 I.C.I, (pref.) 1 2 3 McDuffs Ltd. 0 3 10 Milbum Lime and Cement 1 18 6 New Zealand Drug 2 12 0 New Zealand Paper Mills 1 5 9 - 1Otago Daily Times 2 0 0 2 0 6 Wilson’s (N.Z.) Cement 0 18 8 Woolworths Ltd. 1 5 4 Woolworths Properties Ltd. el 4 0 — MINING North Broken Hill 2 9 6 Electrolytic Zinc (pref.) 3 4 6 Mount Lyell 1 11 9 Mount Morgans — 0 10 3 Nokomai 0 1 10 AUCKLANI ) £ s d Stock 1940-43 4 p.c. 99 5 0 Bank of N.Z. 1 19 10 do. (2) 1 19 9 Union- Bank 8 0 0 Farmers’ Auctioneering (£5 paid) 3 17 6 Auckland Gas 16 10 do. (cont.) 12 0 Bruce Woollen 16 0 Kaiapoi 12 9 Dominion Breweries (rights) 6 6 N.Z. Breweries 1 16 3 Broken Hill Propty. 4 4 3 do. (2) 4 4 3 Electrolytic Zinc (pref.) 3 4 0 G. J. Coles 4 1 9 Woolworths (N.Z.) 16 0 do. (2) 16 0 Taranaki Oilfields 5 1 Mount Kari 5 0 Mount Morgan 10 0 Overseas List Woolworth’s Holdings (S.A.) 15 7 Unofficial List W. E. Woods 11 10 WELLINGTON £ s d Wairarapa Farmers (pref.) (Wed.) 5 0 South British Insurance (Wed.) 2 7 9 Rotoiti Timber (Wed.) 3 9 Woolworths N.Z. (Wed.) 16 0 Addisons Flat (Wed.) 1 0 Mount Morgan (2) (Wed.) 10 2 Union Bank (odd lot) 8 0 0 Wellington Gas 1 11 6 Leyland O’Brien Timber 11 6 N.Z. Breweries 1 16 0 MacDuffs (pref.) 11 11 Woolworths N.Z. Ltd. 16 0 R. and W. Tingey Ltd. (pref.) 1 0 3 Blackball Creek 1 0 Woolworths Ltd. 1 5 0 CHRISTCHURCH £ s d Ballins Brewery (15/- paid) 11 6 Woolworths (N.Z.) 16 0

Sales Reported Kaiapoi Woollens (17/- paid) 12 10 Electrolytic Zinc (ord.) 3 3 9 Ngahere 1 7 0 Arahura 1 12 6 Dalgety and Co. 7 0 0 DUNEDIN £ s d Bruce Woollen (ord.) 16 ; o Smith and Smith (pref.) 19 6 McDuffs (pref.) 11 11 N.Z. Breweries 1 16 0 Electrolytic Zinc (ord.) 3 3 3 New River Hi

Sales were: £ s d Commercial Banking of Syd. 18 5 0 Commercial Bank of Aust, 14 8 Colonial Sugar 48 10 0 Associated Newspapers 15 9 British Tobacco 2 7 9 Tooth’s Brewery 2 10 9 Toohey’s Brewery » 1 7 9 G. J. Coles 3 10 9 Wool worths 1 2 0 Consolidated Industries 1 16 6 do. (contr.) 14 0 David Jones 1 15 0 Newbold Brick 1 10 0 Meggitts 1 11 0 Kanieri 1 12 9 Mount Lyell 1 8 0 Broken Hill Propty 2 7 10 Arahura 1 11 0 MELBOURNE Sales were: £ s d Commercial Bank of Aust. 14 9 Carltdn Brewery 3 5 3 Dunlop Perdriaii 18 3 do. (pref.) 1 14 9 Ho ward. Smith 1 3 1 Consolidated Industries 1 16 4 Yarra Falls 2 1 0 G. J. Coles 3 10 6 Electrolytic Zinc 2 16 9 do. (pref.) 2 18 0 Emperor 10 7 Loloma 1 3 3