SECURITIES IN DEMAND

Southland Times, Issue 24056, 21 February 1940, Page 2

SECURITIES IN DEMAND

Invercargill Stock Exchange INDUSTRIAL SHARES ALSO SOUGHT Government securities were again in demand on the Invercargill Stock Exchange yesterday. New Zealand giltedged industrials were inquired for, but sellers were scarce. Quotations were as follows: — GOVERNMENT DEBENTURES

UNLISTED Southland tee Cream 12 0 ■ SALES REPORTED Commercial Bank (pref.). £9/15/-. Commercial Banking, Sydney, £22/5/-. SALES ELSEWHERE DUNEDIN There was no sitting of the Stock Exchange at Dunedin yesterday. CHRISTCHURCH Sales on Change.—Kaiapoi Woollens (7/paid) 5/-; Broken Hill Pty. £2/12/6; Taranaki Oil Fields (2) 7/-; Woolworths (Sydney, ord. cum. div.) £l/5/-. Sales reported.—Broken Hill Pty. £2/12/9; Mt. Morgan (late sale yesterday) (2) 10/11. WELLINGTON Sale reported.—Taranaki Oil Development, 3/1. Sales.—Taranaki Oil Developments, 3/1; Sales yesterday.—3l'4 p.c. Stock 1941 £101; Gear Meat, 13/10; Taranaki Oil Developments, 3/1; Wilsons Cement, 19/-; Gordon and Gotch, £2/11/9. AUCKLAND Sales.—Commercial Bank of Australia, 16/8; Bank of N.Z. £2/1/6; £2/7/6. Late sales. —Westport Coal, £l/4/3; Auckland Gas, 17/2; N.Z. Breweries. £l/17/-; £l/17/-; Broken Hill Pty., £2/13/-; Moturo Oil 4/3: Taranaki Oil Fields, 7/2; Taranaki Oil Developments (3) 3/2: Woolworths (N.Z.) 17/6; Woolworths (Sydney) £l/5/-; Emperor 17/-; Mt. Morgan 11/2; North Broken Hill. £2/12/6. Overseas list.—Woolworths holdings (South Africa) (2) 16/-. SYDNEY (Received February 20, 10.30 p.m.) SYDNEY, February 20. Share prices on the Sydney stock market today were irregular and generally weaker. Sales. —Bank of New South Wales, £2B 9/-; Colonial Sugar £5O; Mercantile Mutual Insurance 30/-; Associated News 16/-; ditto pref. 18/9; Claude Neon 25/3; Woolworths 22/4; Hordens 13/9; Felt and Textiles 39/6; Newbold 29/-; Winchcombe Carson 28/-; Electrolytic Zinc 57/-; Rawang 8/10; Mt Morgan 10/6. MELBOURNE Sales. —Consolidated Industries 37/2; Dunlop Perdriau 19/11; Mt Lyell 33/8; Broken Hill Pty., 47/7; North Broken Hill 46/9; Emperor 15/2. CLUTHA AND MOLYNEUX QUOTATIONS (Received February 20, 7.30 p.m.) LONDON, February 19. Share quotations:— Clutha River Company: Buyers 7Jd; sellers IOJd, Molyneux: Buyers IJd; sellers 4Jd.

Buyer Seller £ s d £ s d Stock, 3>/a p.c., 1939-43 Stock, 4 p.c., 1943 101 0 101 .0 0 0 — Stock, 4 p.c., 1943-46 Bonds, 4 p.c., 1943-46 Stock, 4 p-c., 1946-49 100 5 100 5 101 10 0 0 0 Bonds, 4 p.c., 1946-49 101 10 0 Stock, 4 p.c., 1949-52 101 5 0 95 o 0 Stock, 3"/z P-c., 1953-57 LOCAL BODY DEBTS Invercargill City 101 10 0 — BANKS Commercial Commercial of Sydney 0 16 21 10 5 0 0 16 8 E. S. and A Bank 4 19 0 9 1 9 New Zealand 1 6 3 N.Z. Long "D” issue BREWERIES Dominion Brewery 1 14 0 1 17 2 17 0 6 1 17 6 N.Z- Breweries Tooth’s Brewery COAL Westport Stockton (pref.) 0 8 1 INSURANCE National 0 18 10 — New Zealand South British Standard 3 0 0 9 10 3 3 2 0 LOAN AND AGENCY Trustees’ Executors (Dunedin) Wright. Stephenson (pref.) 4 2 6 o 19 0 MEAT COMPANIES N.Z. Refrigerating (20/- paid) 0 19 0 (10/- paid) Southland Frozen Mea 0 8 1 11 8 6 0 9 0 SHIPPING Union Steam Ship Co. 1 6 1 6 0 0 (pref.) P. and O. Stock WOOLLEN MILLS 0 16 0 13 10 0 1 3 0 4 0 9 Bruce Kaiapoi Mosgie) Bonds Hosiery MISCELLANEOUS British Tobacco (Aust.) 2 13 0 — D.I.C. (pref). Dunlop Rubber (Aust. 1 2 1 11 0 6 0 19 6 Hume Pipe (Aus.) 0 4 4 McDuifs Ltd. McKenzie's Department Stores Ltd. New Zealand Drug — 2 0 3 18 0 9 New Zealand Guarantee Corporation o 4 1 N.Z. Paper Mills Otago Daily Times 1 9 1 19 0 0 1 10 0 Permanent Building Society 5 16 u Woolworths Ltd. 1 5 0 17 Woolworths (N.Z.) Woolworths Properties Ltd. 0 17 1 5 0 3 0 7 MINING Broken Hill South Big River 1 12 0 o 1 0 Electrolytic Zinc (ord.) 3 B 0 Gillespie’s Beach 0 () q 1 15 6 1 17 3 Mount Lyell Mount Morgans 0 10 9 0 11 0 Nokomai Okarito o 2 6 Waihi Investments o 1 u Austral (N.Z.) 1 11 o Grey River 1 0 o