STOCK EXCHANGE QUOTATIONS
GOVERNMENT SHARES IN DEMAND
Fair support came' for Government securities on the Invercargill Stock Exchange yesterday. Quotations were as follows. — Government Debentures.—pc. Stock 1943-46, b £lO2/10/-: 4 p.c. Stock 1946-49, b £lO3/15/-; 4 p.c. Stock 1952, b £lO5/7/6; 3*,4 p.c. Stock 1953-57. b £lOl/5/-; 3*4 p.c. Stock 1956-59, b £100; 3*,4 p.c. Stock 195760, b £100; War Loan 1953, b £B6/10/-. Banks.—Commercial, s 14/6; New Zealand, s £l/19/6; Union of Australia, s £6/15/-. Breweries.—Dunedin Brewery Company, s £1; New Zealand Breweries, b £l/14/6. Coal.—Westport Coal, b £l/4/6. Insurance. —National, b 19/-, s £1Loan and Agency.—Trustees’ Executors (Dunedin), b £4/4/-. Meat Companies.—Gear Meat Company, s 16/3; New Zealand Refrigerating (10/paid), b 8/6; Southland Frozen Meat, b £1 13/-; South Otago Freezing Company, b £5. Shipping.—Huddart-Parker (pref.), b £1 6/-; Union Steam Ship Company (pref.), b £l/6/6. • ) f Woollen Mills—Bruce, b £l/3/-; Kaiapoi (ord.), b 17/-; Mosglei, b £lO/15/-; Timaru, s 18/6. Miscellaneous.—Australian Consolidated Industries, b £l/19/-; Broken Hill Proprietary, b £l/15/-, s £l/18/6; D.I.C. (ord.); b 14/-; Dominion Rubber Company, s 10/-; Dunlop Rubber (Aust.), s £l/2/-; McDuffs Ltd., s 9/3; Milbum Lime and Cement, b £l/17/-; Otago Daily Times, b £l/17/6; Woolworths Ltd., b 15/8. Mining.—North Broken Hill, b £l/17/-; Gillespie’s Beach, s 2*,4d; Mount Lyell, s £1 6/6; Mount Morgan, s 9/-. AUCKLAND Sales. —Auckland Fire Board 1945 4’,4 P-c--£lO3/10/-; 1946 4*4 p.c. £lO4/5/-; Auckland Gas 6/-; Colonial Sugar £46 (2): Grey and Menzies 13/6; New Zealand Drug £3/17/6. WELLINGTON Sales—3 p.c. Stock 1951-54 £9B/10/-; 314 p.c. Stock 1960 £101; South British Insurance £2/17/6; Arahura Gold (ord.) £l/8/-: Grey River 14/8. CHRISTCHURCH Sale on ’Change.—New Zealand Refrigerating (£1 paid) (cum div.) 19/10. Sales Reported—3 p.c. Inscribed Stock 1951-54 £9B/10/-; South British Insurance (late yesterday) £2/16/9. Unlisted Stock—Associated Gold Dredges (15/- paid) 13/-. SYDNEY Industrial share values continued to fall today on the Stock Exchange in face of the latest Pacific news. Sales. —Colonial Sugar £43; British Tobacco £l/18/9; Australian Consolidated Industries .£l/17/1*,4; Amalgamated Textiles 8/-; Woolworths 13/5; Bums, Philp £2/4/-; Australasian Paper.£l/12/1*,4: Broken Hill Proprietary £l/9/6; Mt. Morgan 7/7; Tooth’s £2/6/-; Goldsbrough, Mort £1 5/3. Melbourne Sales.—Felt and Textiles £1 10/3; Mt. Lyell £l/3/3; Loloma 13/9. MT. MORGAN DIVIDEND (P.A.) WELLINGTON, January 23. The Mount Morgan Company has advised by cable that the directors have declared the sixteenth interim dividend on ordinary shares of 4d a share (Australian currency), and have also declared a half-yearly dividend on preference shares of 8 per cent, per annum. RED JACK’S DREDGE (P.A.) WELLINGTON, January 23. Associated Gold Dredges advise that for the five days ended January 16 the Red Jack’s dredge recovered 85oz from 15,000 yards in 90 hours.
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Bibliographic details
Southland Times, Issue 24651, 24 January 1942, Page 2
Word Count
440STOCK EXCHANGE QUOTATIONS Southland Times, Issue 24651, 24 January 1942, Page 2
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