Commercial INVERCARGILL STOCK EXCHANGE

Southland Times, Issue 24823, 15 August 1942, Page 2

Commercial INVERCARGILL STOCK EXCHANGE

There was fair inquiry on tire Invercargill Stock Exchange yesterday for shares in New Zealand industrials. Quotations: Government Debentures. —4 pc. Stock 1943-46. b £102; 4 p.c. Stock 1946-49. b £lO3/10/-; 4 p.c. Stock 1952-55, b £lO6 10/-; 4 p.c. Stock 1954-58. b £107; 3*,4 pc. Stock 1953-57, b £102; War Loan 1953. b £9l; Liberty Loan 3 p.c., b £99. s 5/--Banks.—Commercial, b 14/6; E. S. and A. Bank, b £3/5/-; National of Australasia, b £lO/17/6; National of New Zealand, b £1 18/9; New South Wales, b £27/15/-; New Zealand, b £l/19/-; New Zealand Long "D” issue, b £l/9/6; Union of Australia, b £6/16/-. ± Breweries.—New Zealand Breweries, b £1 10/6. Coal.—Westport Coal, b £l/4/6; Westport Stockton (ord.), s 3/-. Insurance.—National, b 19/-; South British, s £3/1/-; Standard, b £3. Loan and Agency.—Goldsbrough, Mort and Company, s £l/6/-; National Mortgage, s £2; Perpetual Trustees, b £2/10/-; Trustees' Executors (Dunedin), b £4/2/-; Wright, Stephenson (ord.), b 19/-; (pref.), s £1 1/3. Meat Companies.—New Zealand Refrigerating (£1 paid), b £l/1/3; (10/- paid), b 9/3; South Otago Freezing Company, b £5 2/6. Shipping.—Union Steam Ship Company (pref.), b £l/6/9. Woollen Mills—Bond's Hosiery, b £l/6/-; Kaiapoi (ord.), b £1; Mosglel, b £11; Oamaru, b £l/2/3; Timaru, s 18/6. Miscellaneous. —Australian Consolidated Industrles, b £2/6/-; Broken Hill Proprietary, b £l/15/6; D.I.C. (ord.), b ,14/6; Dominion Fertilizer, b 17/9. s 19/6: Donaghy’s Rope and Twine, s £2/10/-: McDuffs Ltd., s 7/-: McKenzie’s Department Stores Ltd., b £l/18/3; McLeod Bros’ Soap, s £25/10/-; Milburn Lime and Cement, s'£l/16/3; New Zealand Drug, b £3/13/6: New Zealand Guarantee Corporation, s 3/-: New Zealand Paper Mills, b £l/12/6; Otago Daily Times, b £l/18/-; Wilson's (N.Z.) Cement, s 17/6; Woolworths Ltd., b 15/3, s 16/-; Woolworths (N.Z.), b 14/-, s 14/6. Mining.—Broken Hill South, b £l/0/6; North Broken Hill, b £l/16/-; Electrolytic Zinc (ord.), b £2/1/6; Mount Lyell, b £1 4/-; Mount Morgan, b 7/3. NORTHERN CENTRES

DUNEDIN.—SaIes reported: Wilson’s Cement 17/4’,J; Government 1953-57 Stock £lO2/10/-; Bank of New Zealand £l/19/6. AUCKLAND.— SaIes: War Loan 1951-54 3 p.c. £99/5/-; Stock 1943-46 4 p.c. £102; Bank of New Zealand £l/19/6; South British £3; Auckland Gas 6/5 (2); Northern Steam 4/11; Parker Lamb 1/9; Broken Hill Proprietary £l/16/-; New Zealand Refrigerating £l/1/6. CHRISTCHURCH.— SaIes on ’Change: New Zealand Government 4 p.c. Stock 1949 £lO4 10/-; 1955 £lO6/17/6; Broken Hill Proprietary £l/16/-; Woolworths (N.Z.) 14/3. Sales reported: Australian Consolidated Industries £2/6/6; Milbum Lime £l/16/-. WELLINGTON.— SaIes: Late Thursday, New Zealand Refrigerating £l/1/6; Friday, War Loan 1953 £9l/7/6.

WYNDHAM STOCK SALE The sheep yarding at the Wyndham stock sale on Thursday was a fairly large one, comprising breeding ewes. Although prices on the whole were fairly good, competition was not as keen as usual. Fat wethers sold from 39/6 to 40/6, with smaller sorts down to 35/-. Small store wethers realized from 22/9 to 25/-, sound and failing-mouth ewes fro?n 27/3 to 30/2. broken-mouths from 24/2 to 27/-, and thin ewes from 18/- to 20/-. Two-tooth ewes changed hands at 36/- to 42/6, ewe hoggets brought 33/3, and wether hoggets 17/3. Some fine bullocks were yarded in the cattle pens, prime conditioned sorts realizing up to £l6/10/- and lighter £9 to £lO 10/-. Well-finished cows sold from £lO 7/6. to £l4/7/6, lighter up to £9, and twoyear steers to £B/13/-. One full dairy herd of cows averaged £ll/7/6, the top price being £l7/10/-. DUNEDIN MARKETS (P.A.) DUNEDIN, August 14. There is no change in the oats market and the fact that further importations of barley are being received in the North Island practically disposes of the possibility of local surplus finding an outlet there. Inquiries for lines of seed oats for spring sowing are now being received, and favourable weather experienced during the winter should enable operations to proceed in an expeditious manner. An announcement has been made by the Government that there will be a shortage of potatoes before the new season’s are available and there appears to be no prospect of relief in the meantime. The requirements of the armed forces in Otago and Southland will have to be met from Canterbury, as local merchants are without supplies. Lack of business in seeds with the Home markets continues, but a few inquiries have been received during the week from Australia, presumably for the spring sowing trade. Montgomery mother seed is being inquired for locally. Little fresh business in fescue is being recorded from America. Stocks of this seed have now passed into merchants' hands. Prices for cocksfoot continue high, with supplies on the short side.