MORE INTEREST IN BANK SHARES

Southland Times, Issue 24165, 29 June 1940, Page 3

MORE INTEREST IN BANK SHARES

INVERCARGILL STOCK EXCHANGE

INDUSTRIAL SECTION WEAK '

A little more interest was displayed in the banking group of the Invercargill Stock Exchange yesterday morning. Government bonds continue to be the most attractive section at present. The industrial section showed a very weak market, and mining stocks were very depressed. Quotations were as follows:—

AUCKLAND Sales on ’Change.—Bonds 1953-57 3% p.c. ,£lOO/10/-; Stock 1946-49 4 p.c. £lO2/15/-, Auckland Electric Power Board 1942 4V 2 p.c. £lOl/10/-; Auckland Harbour Board 1961 4% p.c. £lO6/5/-; Franklin Electric Power Board 1963 4% p.c. £lO6/5/- (late sale), North Canterbury Power Board 1953 4‘,4 p.c. £104; Takapunl Borough 1954 3% p.c. £94/5/-; Bank of New South Wales £25/10/- (late sale); Dominion Breweries £l/8/6; Woolworths (N.Z.) 13/6. WELLINGTON Sales (late Thursday)—4 p.c. Stock 1958 £lO3/2/6; Franklin Electric Power Board 4% p.c. 1963 £lO6/5/-; Bank of Australasia £B/10/-; Wilson’s Cement 16/-; Woolworths (N.Z.) 13/1%. Sales (yesterday).—Napier Harbour Board 4% p.c. 1967 £105; do. 1969 £105; Bank of New Zealand £l/18/-; Mac Duffs (ord.) 5/6. CHRISTCHURCH Sales Reported.—Bank of New South Wales (late sale Thursday) £25; McKenzie’s Ltd. £l/19/-; N.Z. Drug Co. £3/13/6. DUNEDIN Sales on ’Change.—Banl. of New Zealand (late Thursday) £l/18/-; National Bank of New Zealand £l/16/-. SYDNEY (Received June 28, 11.20 p.m. ) SYDNEY, June 28. The share market today was listless because of unsettled overseas conditions. Sales.—Tooth’s £2/3/6; Colonial Sugar £6 5/-; Dunlop Perdriau £l/12/5; Consolidated Industries £l/10/7; Pittson Badgery £1 14/6; North Broken Hill £l/10/7; Larut 4/3; Oil Search 2/8. MELBOURNE

Sales.—Broken Hill Proprietary £l/19/9; Mount Lyell £l/2/-; Emperor 9/2; Loloma 9/11.

GOVERNMENT DEBENTURES Buyer Seller £ s d £ s d Stock, 4 p.c., 1943-46 102 15 0 Bonds, 4 p.c., 1943-46 102 15 0 Stock, 4 p.c., 1946-49 100 10 0 Bonds. 4 p.c., 1946-49 102 10 0 Stock, 4 p.c., 1949-52 102 10 0 Stock, 4 p.c., 1952-55 102 10 0 Bonds, 4 p.c., 1952-55 102 10 0 Stock, 3 1 ,2 p.c., 1953-57 99 10 0 Stock, 4 p.c., 1954-58 102 10 0 BANKS New South Wales 26 0 0 New Zealand 1 17 6 1 18 9 New Zealand Long Union of Australia 6 5 0 —— BREWERIES COAL Kaitangata 1 11 0 Westport Cofi 1 1 3 INSURANCE National New Zealand 1 3 16 0 South British 2 3 0 Standard 2 19 0 LOAN AND AGENCY National Mortgage 2 0 0 trustees Executors (Dunedin) 4 10 — Wright, Stephenson (ord.) (pref.) 0 18 9 ' ~ ■' Perpetual Trustees 2 9 0 — MEAT COMPANIES N.Z. Refrigerating (10/- paid) 0 9 0 South Otago Freezing Co. 5 5 0 WOOLLEN MILLS Kaiapoi (ord.) 0 15 0 Oamaru 0 16 6 0 19 6 Timaru 0 10 6 MISCELLANEOUS D.I.C. (pref.) 12 9 Dominion Rubber Co. 13 0 McDuffs Ltd. McKenzie’s Department Stores Ltd. 2 16 Milburn Lime and Cement N.Z Guarantee Corporation N.Z. Paper Mills — 17 6 Otago Daily Times 2 0 6 Permanent Building Society 5 15 0 MINING Big River 0 10 Gillespie’s Beach 0 0 5 Nokomai Okarito Grey River 0 15 6 Austral (N.Z.) 12 0