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COMMERCIAL

GILT-EDGEDS IN DEMAND Invercargill Stock Exchange YESTERDAY’S CALL OVER Government stock and local body debentures were in strong demand on the Invercargill Stock Exchange yesterday, but there were no sellers. Quotations were as follows: — GOVERNMENT DEBENTURES Buyer Seller '£sd £ s d

UNLISTED Southland Ice Cream 1 2 0 — SALES REPORTED Bank of New Zealands, £2/1/6.

SALES ELSEWHERE

AUCKLAND Sales.—Stock 1943-46 4 p.c.. £lOO/12/6; Bank of N.Z., £2/1/6; N.Z. Insurance, £3/1/-; North Auckland Farmers (B pref.), 8/-; Farmers Trading, 19/3; Moturoa Oil, 4/3; Taranaki Oil Fields. 6/9; ditto, 7/1; Taranaki Oil Development, 3/-; ditto, 3/2; Union Soap, £l/7/6; Waihi Investments, 7/9; Woolworths (Sydney), £l/5/-; Mt Lyell, £l/16/9, £l/17/-, £l/17/3; Mt Morgan, 11/-. WELLINGTON Sales Late Friday.—E. S. and A. Bank. £5/1/-; Bank of N.Z. (2), £2/1/6; Auckland Gas, 17/3. Sales yesterday.—Dominion Breweries, £l/13/6; Consolidated Brick, 9/-; Gordon and Gotch, £2/11/9; Taranaki Oil, 6/9, Taranaki Oil Developments, 3/-; Woolworths Ltd.. £l/5/4; Mt Lyell, £l/16/-; Mt Lyell, £l/16/9; Rawang Tin, 10/3; 3% p.c. Stock 1941, £lOl. CHRISTCHURCH Sales on Change.—N.Z. Government 4 p.c. inscribed 1943-46. £lOO/10/-; N.Z. Refrigerating (10/- paid) (ex div), 8/9; Broken Hill Proprietary, £2/12/6; £2/12/3; Woolworths (Sydney, ord.), £l/5/2 (cum. div.); Mount Morgan (2) 10/11. Sales Reported.—Bank of N.Z., £2/1/6; Broken Hill Proprietary, £2/12/9; Mason Struthers, 13/-; Taranaki Oil Fields, 7/-; Mount Lyell (3), £l/17/-; Mount Morgan 11/-, 11/2. DUNEDIN Sale.—Mt Morgan, 10/10. Sales Reported.—4 p.c. Stock 1946-49, £102; Broken Hill Pty., £2/13/-; Dominion Fertilizer, £l/8/3; Milburn Lime. £2/0/6; Woolworths (ord.), 17/6; N.Z. Breweries, (4) £l/17/-; Mt Lyell, £l/16/9. SYDNEY (Received February 19, 11 p.m.) SYDNEY, February 19. Trading was quiet on the Sydney stock exchange today with only slight price variations. Sales.—Commercial Banking ox Sydney, £l9/10/-; Colonial Sugar, £5O/7/6; Bums Philp, 53/6; G. J. Coles 73/-; Woolworths 22/4; Consolidated Industries 37/4; Morts Dock 18/3; Mauri Bros. 69/-; Goldsbro 27/9; Mt Morgan 10/7; ditto N.Z Delivery 10/6; Taranaki Oil 5/2; Arahura 35/6. MELBOURNE Sales.—Commercial Bank of Australia 15/4; Myers 31/-; Electrolytic Zinc 57/9; ditto pref. 58/-; Broken Hill Pty. 48/6; South Broken Hill 29/-; Emperor 15/3; Loloma 34/2; Mt Lyell 34/3; Mt Morgan 10/7.

Stock, 4 p.c., 1940-43 101 5 0 — Bonds, 4 p.c., 1943-46 100 0 0 Stock, 4 p.c., 1946-49 101 10 0 Stock, 4 p.c., 1949-52 101 0 Stock, 4 p.c., 1952-55 101 0 Stock, 31/2 P-c., 1953-57 101 0 0 BANKS Australasia 9 15 0 — Commercial 0 16 4 0 lb 8 E. S. and A. Bank 4 18 6 — National of .few Zealand 2 5 0 New Zealand 2 1 3 2 1 9 N.Z. Long “D" issue 1 6 6 Union of Australia 8 3 0 BREWERIES Dominion Brewery — 1 14 0 N.Z. Breweries 1 17 6 COAL Westport Coal 1 4 1 — ——• Westport Stockton (pref.) — INSURANCE National 0 18 10 — ■ — New Zealand 3 0 0 South British 2 9 3 Standard 3 2 0 LOAN AND AGENCY National Mortgage 1 15 0 Wright, Stephenson (pref.) — 8 MEAT COMPANIES N.Z. Refrigerating (20/- paid) 0 19 0 (10/- paid) 0 8 8 1 Southland Frozen Meat 1 11 6 SHIPPING Union Steam Ship Co. (pref.) 1 6 0 P. and 0. Stock 1 6 0 WOOLLEN MILLS Bruce (pref.) 0 19 0 — Kaiapoi 0 13 4 — Mosgiel 10 0 0 MISCELLANEOUS Broken Hill Pty. 2 13 M 2 14 0 G. J. Coles 4 1 3 D.I.C. (10/- paid) 0 11 9 Dominion Rubber Co1 3 6 1 4 6 Donaghy’s Rope and Twine 2 16 Dunlop Rubber (Aust.) 1 1 6 1 2 6 Hume Pipe (Aus.) — 0 19 6 McDuffs Ltd. 0 4 4 Milburn Lime and Cement 2 0 0 2 1 0 New Zealand Drug 3 19 0 4 0 0 N.Z Farmers' Fertilizers 0 18 3 N.Z. Paper Mills 1 9 0 - " Otago Daily Times 1 19 0 — Permanent Building Society 5 16 0 Wilson’s (N.Z.) Cement 0 19 6 Woolworths Ltd. 1 5 6 Woolworths (N.Z.) 0 17 4 0 17 7 Woolworths Properties Ltd. 1 5 3 —- MINING Big River — 0 1 0 Electrolytic (ord.) 3 4 3 (pref.) 3 4 3 Gillespie’s Beach 0 0 9 Mount Lyell 1 16 3 Mount Morgans 0 10 4 Okarito 0 2 b Kauri Timber 1 4 3 Austral (N.Z.) 1 11 0 Grey River 0 19 6 1 0 0

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19400220.2.14

Bibliographic details

Southland Times, Issue 24055, 20 February 1940, Page 3

Word Count
712

COMMERCIAL Southland Times, Issue 24055, 20 February 1940, Page 3

COMMERCIAL Southland Times, Issue 24055, 20 February 1940, Page 3