MONEY AND MARKETS

Southland Times, Issue 23992, 6 December 1939, Page 2

MONEY AND MARKETS

INSURANCE SHARES ACTIVE ON INVERCARGILL EXCHANGE

Insurance companies’ scrip was active on the Invercargill Stock Exchange yesterday morning. Coal companies shares were also in good demand. Little interest was taken in mdustria companies’ shares. The mining market was very dull. Quotations were as follows:— ~ ~*

GOVERNMENT DEBENTURES

SYDNEY (Received December 5, 9.30 pan.) SYDNEY, December 5. There was a strong market for industrial shares on the Stock Exchange to-

day. Brewery shares were particularly in demand. Sales were:

Buyer £ s d Seller £ 8 d 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 Stock, 4 p.c., 1949-52 97 5 0 Bonds, 4 p.c., 1954-58 96 5 0 ■ BANKS Commercial , 0 16 0 E.S. and A. B&nk 4 12 0 National of New Zealand 2 5 3 New Zealand 1 19 0 BREWERIES N.Z. Breweries 1 16 3 COAL Kaitangata 1 9 ? Westport Coal 13 9 Westport Stockton (ord.) 0 3 6 U 3 IV (pref.) 0 7 11 INSURANCE National 0 18 0 New Zealand 2 19 3 South British 2 7 6 Standard 2 16 6 LOAN AND AGENCY Dalgety and Co, 6 10 0 Goldsbrough Mort 1 12 and Co. " 6 Wright, Stephenson 0 19 0 MEAT COMPANIES N.Z. Refrigerating (10/- paid) 0 9 0 0 9 4 SHIPPING Union Steam Ship Co., (pref.) 15 6 WOOLLEN MILLS Bruce 0 16 ° Kaiapoi 0 12 6 MISCELLANEOUS Broken Hill Ply- „ 4 5 0 Dominion Fertilizer loo Donaghy’s Rope and Twine ,280 — McKenzie’s Dep. Stores, Ltd. 2 2 0 Milburn Lime and Cement 1 *? New Zealand Drug 3 12 0 N.Z. Guarantee Corporation ■■ “ 0 4 N.Z. Paper Mills 16 0 Woolworths Ltd. — 1 5 6 MINING Broken Hill ouuth 1 11 9 Electrolytic Zinc n (ord.) Gillespie’s Beach 0 0 10 1 12 0 0 10 3 0 1 10 J'fount Lyell Mount Morgans 0 9 11 Nokomai • < w X Austral N.Z. 1 ' 0 AUCKLAND £ s d Stock 1943-46 4 p.c. 99 10 0 do. 1952-55 4 p.c. 99 0 0 Auckland Harbour Board 1953 4Jp.c. u 0 City of Auckland . 1943 41' p.c. 101 15 do. 1944-51 4 J p.c. ,101 15 0 0 Auckland Electric Power Board 1959 4j p.c. 102 u 0 South British 2 7 6 Auckland Gas 10 IV Taupiri Coal (pref.) (odd lot) 1 4 0 Kaiapoi Woollen 14 1U Dominion Breweries 1 1U o do. (rights) 5 9 do. (2) 5 8 do. (3) . 5 7 Broken Hill Propty. 4 4 3 Electrolytic Zinc (ord.) 3 3 6 Farmers’ Trading (2) 16 9 National Electric 16 0 N.Z. Newspapers (2) 1 9 3 Taranaki Oilfields 5 1 Woolworths (N.Z.) 16 0 Martha 8 4 Emperor 12 12 6 9 do. 13 0 WELLINGTON £ s d Auckland Gas (Mon.) 16 10 National Insurance (Mon.) 18 6 N.Z. Insurance (Mon.) 3 0 0 N.Z. Farmers’ Co-op. 4J p.c. 79 15 1950 0 Wellington Gas (ord.) 1 11 6 David Jones 2 0 6 Waitaki Power Board 4J p.c. 1941 100 2 6 CHRISTCHURCH £ s d N.Z. Government 4-p.c. In98 12 scribed 1949 (2) 6 Goldsbrough Mort (cum div.) 1 11 0 N.Z. Breweries 1 16 2 Dominion Breweries (rights) 5 7 Broken Hill Propty. (2) 4 4 6 Electrolytic Zinc (pref.) (3) 3 4 6 Taranaki Oilfields 5 6 Ngahere (2) 1 7 0 do. 1 6 11 do. 1 6 9 Sales Reported Union Bank of Australia 8 0 0 Canterbury Frozen Meat (cum div.) 10 0 0 Westport Stockton Coal 3 6 N.Z. Newspapers (4) 1 9 3 Mount Morgan 10 oj Unlisted Stock Australian Motorists’ Petrol 13 6 DUNEDIN Sale Reported £ s d 4 p.c. Stock 1940-43 99 10 0 do. 1943-46 . 99 5 0 do. 1946-49 98 10 0 Auckland Drainage Board (debs.) 1952-53 100 10 0 Union Bank 8 0 0 Bruce Woollen (ord. ) 16 0 Broken Hill Propty. (Mon.) 4 4 0 Westport Stockton (ord.) 3 7 N.Z. Breweries 1 16 0 Mount Morgan 10 01

Associated Newspapers £ s 16 d 9 British Tobacco (pref.) 1 7 0 Consolidated Industries 1 16 9 do. (contr.) 14 3 Morts Dock 16 9 Atkins 1 2 6 W. R. Carpenter 2 2 0 Fairymead Sugar 1 17 0 Zinc Corporation 4 0 0 Broken Hill Propty. 3 16 9 do. (new) 19 3 North Broken Hill 2 5 6 Rawang Tin 9 3 MELBOURNE Sales were: £ s d National Bank (£5 paid) 5 19 0 British Tobacco 2 8 . 9 Dunlop Perdriau Rubber 18 4 Australian Paper (pref.) 1 5 3 Drug Houses 1 5 11 Carlton Brewery 3 6 7 Electrolytic Zinc 2 17 3 do. (pref.) 2 18 6 Mount Lyell 1 8 0 Loloma 1 4 0 Broken Hill Propty. 8 16 6