LITTLE CHANGE SHOWN

Southland Times, Issue 24115, 2 May 1940, Page 3

LITTLE CHANGE SHOWN

Invercargill Stock Exchange BUYERS SEEK SOUND INDUSTRIALS Prices showed little change on the Invercargill Stock Exchange yesterday. Government issues remained in steady demand, while shares of frozen meat companies were firm. Buyers sought the stock of sound industrial concerns. Drugs made further gains, buyers offering £4/3/-. Westport Coal shares advanced to £l/5/-. Quotations were as follows:— GOVERNMENT DEBENTURES

SALES REPORTED Inscribed Stock, 4 p.c., 1943-46 103 0 0 N.Z. Refrigerating (cont.) 0 10 0 SALES ELSEWHERE DUNEDIN Sales on Change.—4 p.c. Stock 1943-46 £lO3/5/-; do. £lO3/2/6; do. £103; Wright, Stephenson (pref.) £1; Southland Frozen Meat (ord.) £l/15/-; N.Z. Paper Mills (4) £l/12/-. CHRISTCHURCH Sales on Char--.—Bank of N.Z. (cum div.) £2/3/8; N.Z. Refrigerating (10/- paid) 9/6. WELLINGTON Sales Yesterday.—4 p.c. Stock 1943 £lOl 15/-- N.Z. Guarantee Corporation (2) 3/6; South British Insurance £2/9/9; Northern Roller Mills £l. AUCKLAND Sales on Change.—Stock 1940-43 4 p.c. £lOl/15/-: do. 1943-46 4 p.c. £lO3/5/-; do. 1952-55 4 p.c. £lO5/15/-; Auckland Harbour Board 1959 4>/ 4 p.c. £107; City of Auckland 1940- 4'ip.c. £103; South British £2/9/9; Newton King (pref.) 10/-; Wright, Stephenson (pref.) £1; Pukemiro 16/-; Consolidated Br : ck 9/9; Lewis Eady (pref.) 18/-; M.K. Manufacturers 6/-; N.Z. Paper Mills £l/12/-; Northern Roller Mills £1: Farmers’ Trading £l/1/SYDNEY (Received May 1. 9-35 p.m.) SYDNEY, May 1. Trading was rather active on the Stock Exchange today. Prices were firm. Sa [ es .—Bank of New South Wales £27 16/-; Colonial Sugar £5l/5/-; Associated News 12/6; Consolidated Industries £l/i./3; Woolworths 'l/0/3; Atkins £l/3/6; Taubmans £2/7/6; Dalgety and Co. £7/1/6; Millaquin Sugar £2/4/6; Broken Hill Propty. £2/6/3; North Broken Hill £2/3/3 MELBOURNE Sales. —Commercial Bank of Australia 15/4; Gordon and Gotch £2/3/3; Dunlop Perdriau 19/8; Electrolytic Zinc £2/16/6; do. (prqf.) £2/18/6; Loloma £l/14/3; Emperor 15/-; Kauri Timber £l/1/6 DEBENTURES QUOTED IN LONDON (Received May 1, G. 30 p.m.) LONDON, April 30.

the metal market (Received May 1, 6.30 p.m.) LONDON, April 30. Silver. Standard 21 l-16d an ounce, fine 22%d. Tin. —Spot, £253/5/- buyers, £253/10/sellers; forward, £248/15/- buyers, £249 sellers. Pig Iron. —£5/11/- a ton. Antimony.—British £lO6 to £lO7, foreign £B2 to £B7. Molybdenite.—4s/6 to 47/6 a unit (nominal). Wolfram.—so/6 to 60/6 (nominal).

Buyer £ s d Seller £ s d Stock, 4 p.c., 1943-46 Bonds, 4 p.c., 1943-46 102 10 0 ■ Stock, 4 p.c., 1946-49 103 0 0 Bonds, 4 p.c, 1946-49 103 0 0 103 10 0 Stock, 4 p.c., 1949-52 105 0 0 105 10 0 Stock, 4 p.c., 1952-55 105 0 0 105 10 0 Bonds, 4 p.c., 1952-55 105 0 0 105 10 0 Stock, 3',2 p.c., 1953-57 99 10 0 — Stock, 4 p.c., 1954-58 BANKS Australasia 10 0 0 New Zealand New Zealand Long "D’ issue * O V Union of Australia — 8 5 0 BREWERIES Dunedin Brewery co. 1 J. V N.Z. Breweries 1 17 3 1 18 0 COAL Kaitangata 1 12 0 Westort Coal Westport Stockton (ord.) INSURANCE New Zealand a u South British 2 9 6 Standard 3 2 6 LOAN AND AGENCY Trustees Executors (Dunedin) Wright. Stephenson (pref.) MEAT COMPANIES Gear Meat Co. u J.** U N.Z Refrigerating (20/- paid) Liu o 10 0 (10/- paid) Southland Frozen ivieai i a* » South Otago Freezing Co. —— 5 SHIPPING Union Steam Ship Co. (pref.) WOOLLEN MILLS Bruce 0 17 3 . Kaiapoi (ord.) 0 Id 0 Mosgiel Oamaru 1 k n Bonds Hosiery 1 *> v MISCELLANEOUS D.I.C. (ord.) 0 12 6 Dominion Fertilizer 1 7 0 1 8 0 Dominion Rubber Co. 1 3 6 Dominion Rubber Co. 1 3 6 McDuffs Ltd. 0 7 0 0 8 0 McKenzie’s Department Stores Ltd. Milbum Lime and Cement 2 5 6 New Zealand Drug 4 3 0 N.Z. Paper Mills 1 11 0 1 12 6 Permanent Building Society Wilson’s (N.Z.) Cement 1 0 6 MINING Big River — 0 1 0 Gillespie’s Beach 0 0 6 Nokomal —— ' —-- 0 1 11 Okarito — 0 2 3 UNLISTED Associated Motorists’ Petrol (pref.) 16 9 —

Debentures are quoted:— £ s d Dalgety (4p.c. debs.) 84 10 0 British Tobacco 1 16 6% Goldsbrough Mort 1 2 0 Dalgety and Co. 5 16 3 Pando (deferred) 1 1 6