COMMERCIAL

Southland Times, Issue 24499, 29 July 1941, Page 2

COMMERCIAL

MINING SCRIP IN DEMAND INVERCARGILL STOCK EXCHANGE There was a fair demand for Australian mining scrip on the Invercargill Stock Exchange yesterday, but sellers were not active. Quotations were as follows:— Government Debentures.— 4 p.c. Stock 1943-46, b £lO2/5/-; 4 p.c. Bonds 1943-46, b £lO2/5/-; 4 p.c. Stock 1946-49, b £lO4/5/-; 4 p.c. Bonds 1946-49, b £lO4/5/-; 4 p.c. Stock 1949-52, b £lO5/10/-; 4 p.c. Stock 1952-55. b £lO5/10/-; 4 p.c. Bonds 1952-55, b £lO5/10/-; 3l'z p.c. Stock 1953-57. b £lOO 10/-: War Loan, b £B6/15/-; 4 p.c. Stock 1948, b £lO4/5/-. Banks.—Australasia, s £B/10/-; Commercial. b 14/3; Commercial, pref., 4 p.c. (cum.), b £9; National of New Zealand, b £l/18/-; New Zealand, b £l/18/-, s £l/19/6; New Zealand Long “D’’ issue, b £l/9/6; Union of Australia, b £6/10/-. Breweries.—Dunedin Brewery Company, s £l/1/3; New Zealand Breweries, b £l/12/6, s £l/13/3; Ballins (£1 paid), b 10/-. Coal.— Westport Coal, s £l/3/-; Westport Stockton (pref.), b 6/6. Insurance.—National, b 18/6; South British, b £2/12/6; Standard, b £3/0/6. Loan and Agency.—Daigety and Company, s £6/10/-; National Mortgage, b £l/11/6; Trustees’ Executors (Dunedin), b £4/4/-; Wright. Stephenson (ord.), s 19/9; (pref.), b 19/6; Perpetual Trustees, b £2/10/6. Meat Companies.—New Zealand Refrigerating (£1 paid), b 17/6; (10/- paid), b 8/3; Southland Frozen Meat, b £l/13/-; South Otago Freezing Company, b £4/15/-; Waitaki Farmers, b £4/9/-. Shipping.—Union Steam Ship Company (pref.), b £l/6/3; P. and O. Stock, b £1 5/-. Woollen Mills.—Bruce, b £l/1/6; Kaiapoi (ord.), b 15/6; Mosgiel, b £lO/10/-; Oamaru, b £l/0/6; Timaru, b 14/-. Miscellaneous.— Australian Consolidated Industries, b £2/6/-; Broken Hill Proprietary, b £2/2/6, s £2/3/3; G. J. Coles (ex div.), b £3/2/-; D.I.C. (pref.), b £l/4/-; Dominion Fertilizer, b £l/2/-; Dominion Rubber Company, s £1; Donaghy’s Rope and Twine, b £2/11/-; Dunlop Rubber (Aust.), b £1 1/-; 1.C.1. (pref.), b £l/3/6; McDuffs Ltd. (ord.), s 10/-; McLeod Bros’ Soap, s £27; Milburn Lime and Cement, b £l/17/3; New Zealand Drug, b £3/17/9; New Zealand Guarantee Corporation, b 2/2; New Zealand Paper Mills, b £l/10/-; Wilson's (N.Z.) Cement, b 18/6; Woolworths Ltd, b 17/-; Wool worths (N.Z.), b 13/7; Wool worths Properties Ltd, b £l/4/-. Mining.—Broken Hill South, b £l/5/6; North Broken Hill, b £2/1/-; Big River, b 8d; Electrolytic Zinc (ord.), b £2/12/-; (rights), b £l/8/9; Mount Lyell, b £l/7/-, s £l/8/-; Mount Morgans, s 9/-; Nokomai, s 1/-; Okarito, s 1/3. DUNEDIN Sales.—War Loan 1953 £B7/10/-; Bank of Australasia £B/8/- (2); Dominion Fertilizer £l/2/6; Ballins Brewery 10/6; New Zealand Breweries £l/13/1. WELLINGTON Sales.—4 p.c. Stock 1948 £lO4/15/-; Australian Consolidated Stock 4 p.c. 1944 £104; Kauri Timber £l/3/-; Electrolytic Zinc (rights) £l/9/-; Broken Hill £2/2/6. CHRISTCHURCH Sales Reported.—Commercial Banking Company of Sydney £18; Huddart-Parker (late Friday) £2/5/-; Dominion Fertilizer £l/2/5 (2); Woolworths Ltd. 17/3. AUCKLAND Sales.—Bonds 1952-55 4 p.c. £lO6 (late sale); Bank of Australasia £B/8/-; E. S. and A. Bank £4; National Bank of New Zealand £l/19/-; Bank of New South Wales £29. Bank of New Zealand £l/19/-; Kauri Timber £l/3/3; Electrolytic Zinc (rights) £l/9/-; New Zealand Drug £3/18/6. SYDNEY (Rec. 10.35 p.m.) SYDNEY. July 28. Business was restricted on the Stock Exchange today. Some industrial shares were shaded and tin was practically neglected. Sales.—Oil Search 5/3; Bank of New South Wales £26/12/6; Selfridges 19/6; Howard Smith £l/0/6; Broken Hill Proprietary £1 18/lOli; Mount Morgan 8/8; Arahura (deferred) £l/0/9; Goldsbrough, Mort £1 £7/4/14; Toohey’s £l/8/41/2; Colonial Sugar £49/10/-; Australian Consolidated Industries £2/7/6; Rawang 8/2. MELBOURNE Sales.—Dunlop £l/1/3; Commercial Bank of Australia 14/-; Younghusband £l/6/-. MINING RETURNS (P.A.) DUNEDIN, July 28. The Gillespie’s Beach return was 31oz 14dwt for 133 hours and 16,000 yards. The Clutha River return was 38oz for 125 hours. The Okarito return was 19oz 3dwt for 102 hours.