COMMERCIAL

Evening Star, Issue 24291, 4 September 1942, Page 4

COMMERCIAL

SHARE MARKET. New Zealand Government stocks remained firm on ’Change this morning. In banking New Zealand were quoted at 39s 3d (buyer), with the seller 6d away. A buyer of Commercial offered 14s 8d without attracting a seller. National of New Zealand were wanted at 435, and National of Australasia were on offer at £5 11s fid. In meat preserving New Zealand Refrig, (cont.) iiad a close market, a buyer offering 9s fid with a seller 3d away. A buyer offered 34s for Southland (paid). Values in loan and agency and gas, coal, and oil remained unchanged. Most of the local woollen mills were inquired for at recent rates. In the miscellaneous section Booth, Macdonald (pref.) were sought at 7s, D.I.C. (pref.) at Z4s 9d, Donagny’s Rope at 47s 9d, G. J. Coles at 51s 3d, New Zealand Drug Co. at 765, and Woplworths (Sydney) at 15s 3d. In breweries there was a reported sale of New Zealand at 33s fid, with this issue still in demand at 335. In Australian mining, after a reported sale at 23s fid, Broken Hill South were quoted at 22s 6d-245. A buyer of Electro. Zinc (ord.) offered 445. North Broken Hill were still on offer at 455. REPORTED SALE. —Late Thursday.— Broken Hill South, 23s fid. North Broken Hill, 44s fid. —This Morning.— New Zealand Breweries, 33s fid. MINING. Grey River Dredge.—The return for the week ended September 2 was 239jJoz from 100,593 cubic yards worked in 140 hours. The return for August was 708 oz from 238,101 cubic yards worked in 328 hours. MOUNT MORGAN WORKING SURPLUS. (P.A.) WELLINGTON, Sept. 4. The Stock Exchange received to-day a cable from Mount Morgan that the estimated working surplus for the four weeks ended August 26 was £2,429. SALES ON ’CHANGE: THIS DAY. Auckland. —Morning call: Kaiapoi oWollen (con.), 8s; Broken Hill Proprietary, 38s 9d; Consolidated Brick, 7s; New Zealand Fertiliser, 17s; Wilsons Cement, 17s 2d; Broken Hill South, 23s fid; Liberty Loan (1952-55), 3 per cent., £99 10s. Noon call: Broken Hill South, 23s fid; Liberty Loan (1947), 2-ir per cent., £9B. Wellington.—Sales reported yesterday: Union Bank Australia, £7. To-day: Colonial Sugar, £SO; Woolworths (N.Z.), 14s Bd.