WOOLLEN SHARES FIRM

Southland Times, Issue 24108, 23 April 1940, Page 3

WOOLLEN SHARES FIRM

INVERCARGILL STOCJ EXCHANGE LEADING INDUSTRIALS Al LOW RATES Long-term Government loans hat buyers at £lO6 on the Invercargil Stock Exchange yesterday. The onh buying quotation for banks came fo: Bank of New Zealand “D” shares a £l/8/-. Woollen companies were firn and leading industrials were at late rates. A sale of National Bank of New Zealand at £2/6/3 was reported. Quotations were as follows:— GOVERNMENT DEBENTURES

LOCAL BODY DEBTS Bluff Harbour Board 103 0 0 BANKS National of Nev/ Zealand 2 7 0 New Zealand 2 4 0 New Zealand Long “D" issue 18 0 BREWERIES N.Z. Breweries 1 19 0 COAL Kaitangata 1 12 0 Westport Coal 1 4 G Westport Stockton (ord.) 0 2 6 INSURANCE National 0 19 9 New Zealand 3 4 0 Standard 3 2 6 LOAN AND AGENCY Trustees’ Executors (Dunedin) 4 10 —— Wright, Stephenson (ord.) 0 19 3 ——— (pref.) 0 18 6 MEAT COMPANIES N.Z. Refrigerating (20/- paid) 100 (10/- paid) 0 9 4 Southland Frozen Meat 1 13 0 South Otago Freezing Co. 5 2 6 SHIPPING Union Steam Ship Co. (pref.) 16 9 WOOLLEN MILLS Bruce 0 17 0 Kaiapoi (pref.) 0 17 0 Mosgiel 11 O' l Oaniaru 0 18 0 Timaru 0 9 0 MISCELLANEOUS D.I.C. (pref.) 12 6 Dominion Fertilizer 17 0 Dominion Rubber Co. 13 6 McDuffs Ltd. 0 8 0 McKenzie's Department Stores Ltd. 2 6 0 Milburn Lime and Cement 2 4 6 New Zealand Drug 4 0 0 N.Z Paper Mills 1 11 0 Otago Daily Times 2 0 9 Permanent Building Society 5 15 0 MINING Big River 0 10 Nokomai 0 111 UNLISTED Associated Motorists' Petrol (pref.) 16 9 SALES ELSEWHERE DUNEDIN Sales.—4p.c. Stock 1954-58 £107; Refrigerating (cont.) 9/9; National Insurance 19/9; Bank of N.Z. £2/3/9. CHRISTCHURCH Sales on Change.—Bank of N.Z. (2) £2 3/11; South British Insurance (2) £2/10/6. Sales Reported.—Bank of N.Z £2/3/11; do. £2/3/10; Consolidated Brick 9/11. Sales Reported Unlisted.—British Developments £2/15/-. WELLINGTON Sales Late Friday.—Northern Roller Mills £l. Sales Yesterday.—South British Insurance £2/10/6; do. £2/10/6; Mac Duffs (ord.) (2) 7/3; do. (pref.) 14/-. AUCKLAND Sales.—Bank of N.Z. £2/3/9; National Insurance 19/9; South British £2/10/6; N.Z. Breweries £l/18/3; Consolidated Brick 9/9; M.K. Manufacturers 5/11; N.Z. Farmers' Fertilizer £l/1/6; Golden Crown 6d. SYDNEY (Received April 22, 9.55 p.m.) SYDNEY, April 22. There was generally a firmer trend in industrial shares on the Stock Exchange today. Business opened quietly, but livened during the afternoon call. Sales.—Woolworths IS/lO’/a; National Bank (£5 paid) £6/8/-; Arahura £l/11/9; Broken Hill Propty. £2/6/3; Goldsbrough Mort £l/18/6; Colonial Sugar £52/10/-; Mount Morgan 10/1; Morts Dock 17/-; Electrolytic Zinc £2/15/6; David Jones £l/13/3; Burns Philp £2/13/-; Tooth’s Breweries £2/12/-. MELBOURNE Sales.—Mount Lyell £l/11/-; British Tobacco £2/7/-; Kauri Timber £l/1/9; G. J. Coles £3/10/-; Dunlop 19/1. THE RIALTO William Todd and Co., Ltd., report as follows for the week ended Saturday;— Pigs.—Weaners, 11/6 to 18/-; small stores, 14/6 t £l/17/6; porker, £3/3/-; boar, £3. Poultry.—Hens, 1/- to 1/6; heavy breeds, 1/9 to 3/-; pullets, 3/3 to 10/9; ducks, 1/9 to 3/1; turkey gobblers, 11/3; turkey bens, 7/-; geese, 3/- to 3/7. Produce.—Table potatoes: Digging has become general and heavy supplies have reached the market. Demand is only fair for King Edwards at £6 per ton ex store. Onions, 9/6 cental; chaff, £5/10/-; straw, £3/5/-; hay, £4/15/-; oats, 15/- to 17/6; wheat, 18/6 to 21/-; barley, 20/-; oatdust, 5/-; huskless oats, 20/-; pollard, 9/6; bran, 7/6; Farra food, 16/6; molasses, 17/6; rock salt, 10/6; coarse salt, 9/6; meat meal, 11/-; boneflour, 14/-; Moose meal, 20/6; Moose nuts, 20/-; oyster shell grit, 6/- cwt. Vegetables.—Cabbage, 1/- to 2/-; cauliflower, 2/6 to 2/10; lettuce, 2/dozen; green peas, 2d lb; carrots, parsnips, beetroot, Id to ljd per lb. Miscellaneous.—Pumice wash boilers, £B/5/-; pumice washtubs, £2/15/-; concrete sheep boxes, 12/6; tanks, £2/12/6; timber, 16/- to 18/-; droppers, 18/-; stakes, £2; fencing posts, £9 a 100; totara strainers, 12/6; horse covers. 30/-; cow covers, 11/6; horse collars, £2/10/-; military saddles, £4/15/-; bridles, 15/-; Hulle’s powder

strychnine, 4/-; Lane’s Ace rabbit traps, 20/6; Downee rabbit traps, 24/-; large rabbit nets, 11/6 dozen; Ceylon tea, 51b 17/6, 401 b chests 3/5 lb. Grass Seeds.—White clover, 1/3 to 2/- lb; cowgrass, 1/2; Montgomery red clover, 2/9; Timothy, 8d; dogstail, 9d; cocksfoot, l/~ to 1/3; perennial ryegrass, 5/6 to 7/6 bushel; mixture ryegrass, clover, cocksfoot 3|d lb.

Buyer Seller Stock, 4 p.c., 1940-43 £ 101 s 0 d £ s d Stock, 4 p.c., 1946-49 103 0 0 Bonds, 4 p.c., 1946-49 103 0 0 Stock, 4 p.c., 1949-52 105 5 0 Stock, 4 p.c., 1952-55 106 0 0 Bonds, 4 p.C., 1952-55 106 0 0 Stock, 3 1 , p.c., 1953-57 99 0 0 Stock, 4 p.c., 1954-58 106 0