COMMERCIAL

Evening Star, Issue 24330, 20 October 1942, Page 4

COMMERCIAL

SHARE MARKET. Recent price levels were maintained in all sections 'at tliis morning’s call-over at the. Stock Exchange. Bank of New Zealand were quoted at 38s 6d-40s. The buyer of National Insurance advanced to 20s 9d, and South British also rose to 63s 9d (buyer) without attracting seliers. In the meat preserving section there was a reported sale of New Zealand Refrigerating _(conl.) at 10s 3d, the market closing at 10s 2d-10s sd. Buyers and sellers wore quoting in gas, coal, and oil, some values being slightly higher than yesterday. West-port-Slbckton (pref.) were wanted at 8s 4d, and Taranaki Oil at 5s 3d. There was a closer market in Moturoa (pref.), a buyer offering 3s 3d, with a seller 9d away. Woollens were slightly up, with buyers of Kaiapoi (pref.) at 20s and Timaru at 18s 6d. Among the miscellaneous shares, A.C.I. were sought at 48s, following a reported sale at 48s. Milburn Lime rose to 32s (ouyer), New Zealand Paper Mills to 33s 9d (buyer), and ‘ Otago Daily Times ’ lo 40s (buyer). Mining values were practically unchanged. REPORTED SALKS. —This Morning.— New Zealand Refrigerating (cont.), 10s 3dl A.C.1., 48s. MINING. The secretaries of the Okarito Five Mile Beach Go.d Dredging Company Ltd. report that there has been a wash-up of 14oz 12dwt for 82 hours’ dredging. SALES ON ’CHANGE; THIS DAY. Auckland. —Morning call; Commercial Bank of Australia, 14s 8d; Bank of New South Wales. £29 15s; War Loan (1951-54), 3 per cent., £99 10s. Unofficial: Christchurch ‘ Press,’ £8 10s. Noon call: National Bank of New Zealand, 45s 3d; Australian Consolidated Industries, 48s; Milne and Choyce (deb. . Stock), 18?, 6d ; Sanford (pref.), 18s. Wellington.—Sales reported: 3 per cent. Inscribed Stock (1951-54), £99 10s; Commercial Bank of Australia, 14s 8d; per cent. Inscribed Stock (1957-60), £lOl, 10s’; Bank of New South Wales, £29 15s (two sales).