Commercial INVERCARGILL STOCK EXCHANGE

Southland Times, Issue 25704, 13 July 1943, Page 2

Commercial INVERCARGILL STOCK EXCHANGE

The following prices were quoted at the call-over of the Invercargill Stock Exchange yesterday:— Government Debentures. —4 p.c. Stock 1943-46, b £lOl/5/-: 4 p.c. Stock 1946-49, b £lO2/10/-; 4 p.c. Stock 1952, b £104; 4 p.c. Stock 1952-55, b £105; 4 p.c. Stock 1954-58, b £106; War Loan 1953, s £94/15/-; War Loan 1953-56, 3 p.c., s £9B/7/6. Banks.—Australasia, b £9; Commercial, b 16/9; Commercial, pref, 4 p.c. (cum.), b£lo 5/-; National of New Zealand, s £2/11/-; New South Wales, b £32/10/-; New Zealand, b £2/2/-. Breweries.—Dominion Brewery, s £l/19/6; Dunedin Brewery Company, b £1; New Zealand Breweries, b £l/17/3.

Coal.—Kaitangata, . b £l/13/-; Westport Coal, b £l/5/-. Insurance.—National, b £l/2/9; New Zealand,' b £4/1/-; South British, b £3/11/-; Standard, b £3/12/9. Loan and Agency.—Goldsbrough, Mort and Co, b £l/7/-; Perpetual Trustees, b £2/8/6; Trustees’ Executors (Dunedin), b £4/4/6; Wright, Stephenson (pref.), b £l/2/-. Meat Companies.—New Zealand Refrigerating (£1 paid), s £l/6/3; (10/- paid), s 12/2; Southland Frozen Meat, b £2; South Otago Freezing Company, b £5/15/6. Shipping.—Huddart-Parker, b £2/13/-; Union Steam Ship Company (pref.), b £1 9/3. Woollen Mills.—Bruce, b £l/8/-; Kaiapoi (pref.), b £l/2/3; Mosgiel, b £ll/7/6; Wellington Woollens, b £B/5/-. Miscellaneous.—Broken Hill Pty, b £2 3/9; Colonial Sugar Company, b £55/5/-; D.I.C. (pref.), b £l/5/6; Dominion Fertilizer, b £l/4/-; Donaghy's Rope and Twine, b £2 19/-; McDuffs Ltd., b 10/-; Milburn Lime and Cement, b £l/15/-; New Zealand Guarantee Corporation, s 3/9; Otago Daily Times, b £2/4/-; Southland Ice Cream, b £l/4/-; Wilson's (N.Z.) Cement, b 19/-; Woolworths Ltd, b 16/3; Woolworths (N.Z.), b 15/4. Mining.—Broken Hill South, b £l/5/6; Electrolytic Zinc (ord.), b £2/13/-; Gillespie’s Beach, s sd; Mount Lyell, b £l/8/6. NORTHERN EXCHANGES DUNEDIN.—SaIes reported: New Zealand Breweries £l/18/-; A. and T. Burt (pref, unlisted) £l/2/6; Inscribed Stock 4 p.c. 1952-55 £lO5/17/6; Bank of New Zealand £2 2/3; Claude Neon Lights £l/3/-. Sales late Friday: Bank of New Zealand £2/2/4, £2 2/2; New Zealand Refrigerating (cont.) 12/-; Woolworths (N.Z.) 15/5. CHRISTCHURCH.—SaIe on 'Change: New Zealand Refrigerating (10/- paid) 12/-. Sales reported: Bank of New Zealand £2/2/4; P. and O. (def. 'stock) £l/18/6; New Zealand Refrigerating (10/- paid) 12/-; British Tobacco £2/7/3; Colonial Sugar £56/5/-. WELLINGTON.—SaIes: 4 p.c. Bonds 1943-46 £lOl/15/-; New Zealand Insurance £4/1/6; McDuffs (pref.) £l/2/9. AUCKLAND.—SaIes: Stock 1953-57 3% p.c. £lO3/17/6; Amalgamated Brick 1944 6 p.c. £102; Bank of New Zealand £2/2/2, £2 2/3; Commercial Bank 17/-; E.S. and A. Bank £3/18/-; New Zealand Insurance £4/1/6 (2); Leyland O’Brien £l/0/9; G. J. Coles £2 17/-; W. R. Carpenter £2 (2); Henry Jones £2/12/-; M.K. Manufacturers 7/-; Milne and Choyce (deb. stock) £l/2/3; Donaghy Rope £3/1/6; Radio (1936) 15/6; Reid Rubber £1 7/6; Wilson’s Cement 19/5; Mount Lyell £1 9/-. Unofficial: Silknit 18/-. DIVIDEND DEFERRED (P.A.) AUCKLAND, July 12. The directors of the Auckland Gas Company have reluctantly decided to defer the consideration of a dividend distribution until the end of the year, states a memorandum issued to shareholders. Up to the present the company has been unsuccessful in obtaining any relief from the Government either by way of a concession iq. taxation or authority to raise gas prices or even adjust prices paid by certain consumers who today are paying less than the present cost of manufacture. “Our negotiations with the Government are proceeding and we are hopeful of obtaining some measure of assistance or authority to allow us to bring prices into line with our increased working costs,” concludes the company.