MONEY AND MARKETS

Southland Times, Issue 24039, 1 February 1940, Page 3

MONEY AND MARKETS

BANKING SHARES QUIET ON INVERCARGILL EXCHANGE Active support continues to come for Government securities on the Invercargill Stock Exchange yesterday. Banks were quiet with prices unchanged. Woollen companies’ shares attracted attention, there being buyers for all prominent lines. Among industrial lines there was a sharp rise in the price of Donaghy’s Rope, buyers moving up to £2/11/6. Sales of Union Banks at £B/6/- and £B/5/-, Austral (N.Z.) at 30/-, and Southland Frozen Meats at £l/12/- (on ’change) were reported.

Quotations were as follows:— GOVERNMENT DEBENTURES

SYDNEY (Received January 31, 9.26 p.m.) SYDNEY, January 31. The industrial share market today was generally firm, but Broken Hill Proprietary ordinary and bonus shares eased slightly.

Buyer s £ eller £ s. d. s. d Stock, 4 p.c., 1940-43 101 0 0 Stock, 4 p.c., 1943-46 101 10 0 Bonds, 4 p.c., 1943-46 101 10 0 Stock, 4 p.c.. 1946-49 101 10 0 — Bonds, 4 p.c., 1946-49 101 10 0 Stock, 4 p.c., 1949-52 100 0 0 — Stock, 4 p.c., 1952-55 99 15 0 Bonds, 4 p.c., 1952-55 99 15 0 Stock, 4 p.c., 1954-58 100 5 0 — BANKS Commercial of Sydney 20 0 0 — E.S. and A. Bank 4 17 0 National of New Zealand 2 3 0 — New South Wales 30 10 0 New Zealand 2 1 0 — BREWERIES Dominion Brewery 1 13 0 — N.Z. Breweries — — 1 17 6 COAL Kaitangata 1 10 0 — Westport Coal 1 4 0 1 Westport Stockton (ord.) — 0 3 8 (pref.) 0 8 0 INSURANCE National 0 18 9 — South British 2 9 0 — Standard 3 1 0 — LOAN AND AGENCY Goldsbrough, Mort and Co. 1 11 6 National Mortgage B 1 3 6 Trustees’ Executors (Dunedin) 4 0 0 — MEAT COMPANIES N.Z. Refrigerating (20/- paid) 1 0 6 — (10/- paid) 0 9 6 — Southland Frozen Meat 1 11 9 — SHIPPING Union Steam Ship Co. (pref.) 1 5 9 — WOOLLEN MILLS Bruce 0 16 3 — Kaiapoi (pref.) 0 15 3 — Mosgiel 9 10 0 — Bonds Hosiery MISCELLANEOUS Australian Consolidated Industries 2 3 0 — Broken Hill Pty. 2 14 0 — G. J. Coles 4 2 0 D.LC. (pref.) 1 2 0 — Dominion Fertilizer 1 6 9 Dominion Rubber Co. 1 3 6 Donaghy’s Rope and Twine 2 11 6 Dunlop Rubber (Aust.) 1 1 0 Hume Pipe (Aus.) 1 0 4 McKenzie's Dep Stores Ltd. 2 0 0 McLeod Bros’ Soap 27 10 0 - Milburn Lime and Cement 2 0 0 - ■ N.Z. Drug 3 18 0 - — N.Z. Farmers’ Fertilizers 0 18 0 - N.Z. Guarantee

! Corporation 0 4 3 1 New Zealand I Paper Mills 18 3 | Otago Daily Times 2 0 0 Permanent Building Society 5 16 0 Wilson’s (N.Z.) Cement ' 0 18 9 Woolworths Ltd. 15 0 Woolworths (N.Z.) 0,17 0 MINING Broken Hill South 1 12 0 North Broken Hill 2 12 0 Electrolytic Zinc 3 7 Q (.ora.) — - 2 « n iprcr.y ' Gillespie’s Beach 0 0 10 Mount Lyell 1 13 0 Mount Morgans 1 13 0 10 9 0 Nokomai 0 2 0 Taranaki Oil Fields 0 5 0 — i in Grey River 0 17 9 UNLISTED Southland Ice Cream 110 AUCKLAND — £ 6 d Stock 1946-49 4 p.c. (2) 101 10 0 Auckland Hospital Board 1947 4'A p.c. 101 5 0 Commercial Bank of Australia 16 0 E.S. and A.. Bank (2) 4 18 0 Bank of N.Z. 2 1 6 National Insurance 18 9 Auckland Gas (con.) (2) 10 9 Broken Hill Propty. 2 14 0 do. 2 14 3 do. 2 14 Consolidated Brick 9 0 Farmers’ Trading 17 6 G. J. Coles 4 3 3 do. (2) 4 3 3 Taranaki Oil Developments 2 3 Woolworth's (N.Z.) (2) 17 0 Emperor 16 10 Mount Lyell 1 13 10 do. (2) 1 14 0 WELLINGTON £ « d 4 p.c. Stock 1958 (Tues.) 101 0 0 Commercial Bank (2) (Tues.) 16 1 Auckland Gas (cont.) (Tues.) 10 9 Woolworth's Properties (Tues.) 1 5 4 p.c. Stock 1958 101 0 0 Bank of N.Z. (2 ) 2 1 3 Bank of New South Wales 30 10 0 Wellington Gas (ord.) (2) 1 11 0 N.Z. Breweries 1 17 2 do. 1 17 2 Broken Hill Propty. 2 14 6 Consolidated Brick 9 0 ri.l.c. (ord.) 12 6 MacDuffs (ord.) 4 0 CHRISTCHURCH £ s d Commercial Bank of Australia 16 0 Goldsbrough Mort I 10 6 N.Z. Breweries 1 17 2 Electrolytic Zinc (ord.) 3 6 3 Sales Reported N.Z. Government 3% p.c. Inscribed 1938-41 100 10 0 Bank of N.Z. 2 1 3 Broken Hill Propty. 2 14 8 Dominion Fertilizer 1 7 6 G. J. Coles 4 3 0 N.Z. Farmers’ Co-op. 4’,zp.c. stock 1949 90 0 0 Wilson’s Cement 19 3 Unlisted Stock R U R 4 0 0 DUNEDIN £ s d 3V 2 p.c. Bonds 1953-57 94 17 6 E.S. and A. Bank 4 18 0 National Insurance 18 9 Kaiapoi Wool (cont.) (odd lot) 5 0 Broken Hill Propty. 2 14 3 D.I.C. (ord.) 12 6 Dunlop Rubber 1 2 0 Farmers’ Fertilizer 18 6 Mount Lyell (Tues.) 1 13 6 Austral (N.Z.) Mining 1 10 0 Unlisted Stock A. and T. Burt (pref.) 17 3

Sales £ s d Bank of New South Wales 29 0 0 Commercial Bank of Australia 15 1 Woolworths 1 12 10 Y 2 Australian Iron and Steel (pref.) 1 7 0 Carpenter 2 6 0 Standard Cement 1 1 9 Atkins 1 4 3 Electrolytic Zinc 2 18 9 do. (pref.) 3 0 3 Mount Lyell 1 12 0 Broken Hill Propty. (bonus shares) 2 9 9 Arahura 1 11 6 MELBOURNE £ 8 d Commercial Bank of Australia 14 11 Union Bank 6 18 0 Claude Neon 1 6 0 Dunlop Perdriau Rubber 19 11 Broken Hill Propty. 2 9 10 G. J. Coles 3 14 0 Emperor 15 1 Loloma 1 16 0