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NO ALTERATION YESTERDAY

Invercargill Stock Exchange STEADY INQUIRY FOR STATE LOANS There was no change on the Invercargill Stock Exchange yesterday. Steady inquiry came for Government loans. Banks were quiet, the only demand being for New Zealands, which had buyers for the ordinary shares at £2/3/6 and the “D” shares at £l/8/-. Industrials continue unaltered with the exception of drugs, which firmed to £4/2/6. Quotations were aS follows: — GOVERNMENT DEBENTURES Buyer Seller

SALES ELSEWHERE DUNEDIN Sales on Change.—N.Z. Refrigerating (cont.) (3) 10/-; N.Z. Paper Mills (2) £1 12/-; Westport Coal £l/5/-; Kaiapoi Woollen (ord., odd lot) 15/2. CHRISTCHURCH Sales on Change—Bank of N.Z. (cum div.) (2) £2/4/-; N.Z. Refrigerating (10/paid (2) 10/-: Kaiapoi Woollens (17/- paid) 15/2; Westport Stockton Coal 2/9. Sales Reported.—4 p.c. Stock 1948 £106; 4p.c. Stock 1952-55 £106; N.Z. Refrigerating (£1 paid) £l/1/3; N.Z. Breweries £l/17/9; Bank of N.Z. £2/3/10. WELLINGTON Sale Late Monday.—4 p.c. Stock 1958 £lO6/15/-. Sales Yesterday.—4 p.c. Stock 1948 £lO5 5/-- Eastbourne Borough 4'/4 P-c 1956 £lO4 10/-; Bank of N.Z. £2/3/9; Dominion Breweries £l/14/6; Consolidated Brick 9/9. AUCKLAND Sales . on Change.—Stock 1940-43 4 p.c. £102; do. 1943-46 4 p.c. £lO3/5/-; do. 195255 4 p.c. £lO5/15/-; Bank of N.Z £2/3/10; National Insurance 19/8; Dominion Investment and Banking 19/-; Renown Coal (ord.) 12/-; Auckland Gas (cont.) 4/1; Farmers’ Trading (2) £l/0/9; Woolworths (N.Z.) 18/-. SYDNEY (Received April 30, 9.5 p.m.) SYDNEY, April 30. Trading on the Stock Exchange expanded today and the market generally was a little firmer. Sales.—Bank of N.S.W. £27/16/-; Commercial Bank of Australia 15/3; Mercantile Mutual Insurance £l/8/6; Burns Philp £2/14/3; Consolidated Industries £l/17/1; do. (contr.) 19/-; David Jones £l/13/9; Victoria Nyanza 8/10; Mount Morgan 10/4; Broken Hill Propty. £2/7/-; South Broken Hill £l/8/-; Emperor 14/10. MELBOURNE Sales.—Goldsbrough Mort £l/9/-; G. J. Coles £3/9/6; Felt and Textiles £2/0/6; Emperor 15/-; Loloma £l/13/3.

£ s d £ s d Stock, 4 p.c., 1943-46 102 10 0 — — Bonds, 4 p.c., 1943-46 102 10 0 — Stock, 4 p.c., 1946-49 104 0 0 — Bonds, 4 p.c., 1946-49 104 0 0 104 10 0 Stock, 4 p.c., 1949-52 Stock, 4 p.c., 1952-55 105 0 0 — 1 '■ - —— Bonds, 4 p.c., 1952-55 105 0 0 105 10 0 Stock, 3',2 P-C-, 1953-57 Stock, 4 p.c., 1954-58 LOCAL BODY DEBTS Bluft Harbour uoara Invercargill Fire Board, 3>/ 2 p.c., 1945 100 10 0 BANKS New Zealand 2 3 6 2 4 3 New Zealand Long "D issue BREWERIES Dunedin Brewery co. N.Z. Breweries 1 17 0 1 18 3 COAL Kaitangata Westport Coal 1 Westport Stockton O A (ord.) 0 INSURANCE National 0 19 8 — — Standard 3 LOAN AND AGENCY Trustees Executors J (Dunedin) Wright, Stephenson (pref.) MEAT COMPANIES

N.Z. Refrigerating (20/- paid) 1 1 0 — (10/- paid) 0 9 11 Southland Frozen Meat 1 14 9 1 17 6 South Otago Freezing Co. — 5 1U 0 SHIPPING Union Steam Ship Co. (pref.) t 6 9 WOOLLEN MILLS Bruce 0 17 0 Kaiapoi (pref.) 0 17 0 — Mosgiel 11 0 0 — Oamaru 0 18 0 MISCELLANEOUS D.I.C. (pref.) 1 2 6 — Dominion Fertilizer 1 7 0 1 8 0 Dominion Rubber Co. 1 3 6 McDuffs Ltd. — 0 8 0 McKenzie’s Department Stores Ltd. 2 7 0 McLeod Bros’ Soap 26 0 0 —— Milburn Lime and Cement — 2 5 6 New Zealand Drug 4 2 6 — N.Z. Farmers’ Fertilizers (pref.) 1 2 3 N.Z Paper Mills L 11 0 Permanent Building Society 5 15 0 ■ i Wilson’s (N.Z.) Cement — 1 0 6 MINING Gillespie’s Beach — 0 0 6 Nokomai 0 2 0 Okarito ■ ■ ~~ 0 2 3 Austral (N.Z.) 1 10 0 — Grey River — 0 18 b UNLISTED Associated Motorists' Petrol (pref.) 1 6 9 —

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19400501.2.12.1

Bibliographic details

Southland Times, Issue 24114, 1 May 1940, Page 3

Word Count
603

NO ALTERATION YESTERDAY Southland Times, Issue 24114, 1 May 1940, Page 3

NO ALTERATION YESTERDAY Southland Times, Issue 24114, 1 May 1940, Page 3