COMMERCIAL

Southland Times, Issue 24439, 20 May 1941, Page 2

COMMERCIAL

STOCK EXCHANGE QUOTATIONS

BETTER DEMAND FOR BANKING SHARES

Banking shares were in better demand on the Invercargill Stock Exchange yesterday. There were buyers for Australasias, Commercials, Unions and New “al ® inouirv came for Commonwealth industrials. There wer? more buyers about for overseas mining stocks. Quotations were as follows.— Government Debentures,-* p.c. Stock 1940-43, b £lOO/7/6; 4 p.c. Stock £lO2/10/-’ 4 p.c. Bonds 1943-46, b £IUZ 10/-; 4 p.c. Stock 1946-49, b £103; 4 p.c. Bonds 1946-49, b £103; 4 p.c. Stock 1952-55 b £lo6’ 3'/a p.c. Stock 1953-57, b "101 10/U; 4 p c Stock 1954-58, b £106; War Banks.—Australasia, b £B/8/-; Commercial, b 13/9, s 14/3; Commercial, pref., 4 nc. (cum.), b £B/15/-; E. S. and A. Bank, s £4/2/6; New Zealand, b £l/16/9; Union of Australia, b £6/10/-. . . Breweries. —Dominion Brewery, b £l/o/-, Dunedin Brewery Company, s £l/1/-: New Zealand Breweries, b £l/10/9; Balhns (£1 paid), b 10/-. Coal.—Westport Coal, s £l/3/3; Westport Stockton (pref-), b 6/-, s 6/9. Insurance. —National, b 18/3, s 19/-; New Zealand, b £3; South British, b £2/10/-; Standard, b £2/19/9. Loan and Agency.—National Mortgage B. s £l/1/6; Trustees’ Executors (Dunedin), b £4/2/-; Wright, Stephenson (pref.), b 19/6; Perpetual Trustees, b £2/11/6. Meat Companies.—New Zealand Refrigerating (£1 paid), b 16/-; (10/- paid), b 7/2, s 7/6; Southland Frozen Meat, s £l/12/-. Shipping.—P. and O. Stock, b £l/4/-. Woollen Mills.—Bruce, b £l/0/9; Kaiapoi (ord.), b 15/-; Mosgiel, b £10; Wellington Woollens (pref.), b £6/15/-; Bonds Hosiery, b £l/5/9. Miscellaneous.—Broken Hill Proprietary, b £2/2/6; British Tobacco (Aust.), b £2/5/-: G. J. Coles, b £3, s £3/3/-; D.I.C. (p_ref.), b £l/3/9; Dominion Fertilizer, b £l/5/-, s £l/6/-; Dominion Rubber Company, s £1; Donaghy's Rope and Twine, s £2/12/6; Dunlop Rubber (Aust.), b £l/0/6; McDuffs Ltd., s 10/-; Milburn Lime and Cement, b £1 17/-, s £l/19/-; New Zealand Drug, b £3 16/-; New Zealand Paper Mills, b £l/9/-, s £l/10/6; Wilson’s (N.Z.) Cement, b 18/6; Woolworths Ltd., b 16/-, s 16/6; Woolworths (New Zealand), b 13/-.

Mining.—Broken Hill South, b £l/12/6; Big River, s 1/1; Electrolytic Zinc (ord.), b £2/10/-; Mount Lyell, s £l/7/9; Mount Morgans, b 9/-, s 9/6; Nokomai, s 1/6; Okarito, b 9d, s 1/6; Austral (N.Z.), s £l/5/-; Grey River, s 16/-. DUNEDIN Sales.—4 p.c. Stock 1952-55 £lO6/10/-; New Zealand Breweries £l/11/3. CHRISTCHURCH Sales Reported.—Broken Hill Proprietary £2/2/6; Howard Smith 19/9; Milburn Lime £l/17/6. WELLINGTON Sales (late Friday).—Dominion Breweries £l/8/9; (Monday) Equitable Buildings 8/-; New Zealand Insurance (2) £3/2/-; Standard Insurance £3/0/6; Ballins Brewery 10/3. AUCKLAND Sales.—Auckland Gas (pref.) (late sale) £96/10/-; F. A. C. £l/1/-; Broken Hill Proprietary £2/2/6; New Zealand Refrigerating 17/-; Bycroft (2) £2/3/11; Consolidated Brick 6/3; Emperor (late sale) 11/-. Unofficial List.—Silknit (late sale) 6/6. OKARITO WASH-UP (P.A.) DUNEDIN, May 19. The Okarito wash-up was 330 z sdwt for 124 hours.