MONEY AND MARKETS GOVERNMENT STOCKS WANTED ON INVERCARGILL EXCHANGE

Southland Times, Issue 23989, 2 December 1939, Page 3

MONEY AND MARKETS

GOVERNMENT STOCKS WANTED ON INVERCARGILL EXCHANGE

The market on the Invercargill Stock Exchange yesterday morning was quiet but firm. There was a demand for Government stocks and local body debentures. No sales were reported.

Quotations were as follows:— GOVERNMENT DEBENTURES Buyer Seller £sd £ s d

SYDNEY (Received December 1, 9.10 p.m.) SYDNEY, December 1. Weakness developed on the Stock Exchange today because of the disturbed international situation, local investors

showing caution, but selling pressure was absent.

MELBOURNE

Stock, 4 p.c., 1943 99 2 6 Stock, 4 p.c,, 1943-46 99 0 0 Bonds, 4 p.c., 1943-46 99 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 97 0 0 Stock, 4 p.c., 1952-55 98 0 0 Stock, 4 p.c., 1954-58 98 17 6 1 BANKS Commercial 0 16 0 E.S. and A. Bank 4 12 0 National of New Zealand 2 4 9 New Zealand 2 0 3 BREWERIES Dunedin Brewery Co. 1 0 6 — N.Z. Breweries 1 16 6 COAL Kaitangata 1 9 0 Westport Coal 1 3 3 Westport Stockton (ord.) 0 3 6 0 3 9 INSURANCE National 0 18 1 . — New Zealand 2 18 0 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 National Mortgage 2 0 0 Trustees’ Executors (Dunedin) 4 0 0 Wright, Stephenson (pref.) 0 18 9 MEAT COMPANIES N.Z. Refrigerating (10/- paid) 0 9 0 0 9 2 Southland Frozen Meat 1 9 9 — SHIPPING Union Steam Ship 6 Co., (pref.) 1 5 WOOLLEN MILLS Bruce 0 15 3 — Kaiapoi 0 12 6 — Mosgiel 9 6 0 MISCELLANEOUS Australian Consolidated Industries 2 0 0 British Tobacco (Aust.) 4 4 3 G. J. Coles 4 0 6 D.I.C. (pref.) 1 1 3 Dominion Fertilizer 1 5 3 Dominion Rubber Co. 1 2 0 Donaghy’s Rope and Twine 2 I 6 McKenzie’s Dep. Stores, Ltd. 2 0 6 ■ ■■ — McLeod Bros. Soap 27 10 0 Milburn Lime and Cement 1 18 6 New Zealand Drug 3 12 0 N.Z. Paper Mills 1 6 0 Otago Daily Times ' 2 0 0 Permanent Building Society 5 14 0 Wilson’s (N.Z.) Cement. 0 18 7 Woolworths Ltd. 1 5 4 Woolworths Properties Ltd. 1 4 0 — MINING Electrolytic Zinc 3 3 0 (pref.) 3 4 9 Gillespie’s Beach 0 0 10 Mount Lyell 1 11 9 Mount Morgans 0 9 10 0 10 3 Nokomai 0. 1 10 Okarito 0 2 9 Austral (N.Z.) 1 6 0 — AUCKLAND £ s d Auckland Drainage Board 1954 4J p.c. 100 10 0 Bank of N.Z. 1 19 9 N.Z. Insurance 3 0 0 South British 2 7 6 Dominion Breweries 1 11 0 do. (2) 1 11 0 do. (rights) 6 6 do. (4) 6 3 Broken Hill Propty. 4 3 9 Consolidated Brick 9 2 Colonial Sugar 54 7 6 Electrolytic Zinc (ord.) 3 3 0 G. J. Coles 4 1 9 Macky Logan 17 6 Taranaki Oilfields 5 1 do. 5 1 do. 5 0 Waihi Investments 6 6 Mount Morgan 10 0 Overseas List Woolworth’s Holdings (S.A.) 15 7 WELLINGTON £ s d Wellington City 4J p.c. 1945 (Thurs.) 101 0 0 British Tobacco (Thurs.) 2 13 9 Broken Hill (Thurs.) 4 4 6 National Insurance 18 3 South British Insurance 2 7 3 Tooth and Co. 2 17 6 Dominion Breweries (rights) 6 4 British Tobacco 2 13 6 Broken Hill 4 4 6 Taranaki Oilfields 5 1 MacDuffs (ord.) 3 11 Overseas List Woolworth’s Holdings (Thurs.) 15 7 CHRISTCHURCH £ s d Woolworths Ltd. 1 5 0 Sales Reported South British Insurance (2) (Thurs.) 2 7 3 Broken Hill Propty. 4 4 3 Electrolytic Zinc (ord.) 3 3 7 Ngahere 1 7 0 Unlisted Stock Associated Gold Dredges (7/- - paid) (2) 9 0 DUNEDIN £ s d Auckland Drainage Board 4J p.c. 1954 100 10 0 4 p.c. Stock 1952-55 99 0 0 Mount Morgan 10 0 North Broken Hill 2 10 0

Sales were: £ s d Bank of N.S.W. 26 17 0 Colonial Sugar 48 7 6 Australian Gas (A) 6 17 0 Morts Dock 17 0 Felt and Textiles 1 15 10 Peters 1 5 3 Mauri Brothers 3 8 0 Electrolytic Zinc 2 16 3 do. (pref.) 2 17 6 Mount Morgan 9 1 Mount Lyell 1 7 9 North Broken Hill 1 7 0 Austral (N.Z.) Gold 1 5 0

Sales were: £ s d Associated Newspapers 15 6 G. J. Coles 3 10 9 Woolworths . 1 2 0 Dunlop Perdriau Rubber 18 2 Consolidated Industries 1 16 4 do. (contr.) 14 0 Mount Morgan 9 3