STOCK EXCHANGE

Press, Volume LXXVII, Issue 23477, 4 November 1941, Page 4

STOCK EXCHANGE

FIRM BUT QUIET Firm but quiet conditions prevailed on call on the Christchurch Stock Exchange yesterday, and the recorded turnover was small. Apart from vestibule business, the following transactions were recorded:— Sales nn ’Change: Listed Stocks; 100 New Zealand Breweries. 365; 200 Woolworths, 'Ltd., 16s 6d; 100 Woolworths, S. Africa, 17s. Sales Reported: Listed Stocks: 100 N.Z. Refrigerating (£1- paid), 21s; 800 Woolworths, Ltd. (3), 16s 6d; 100 Woolworths, S. Africa. 17s; 200 Woolworths Properties. 26s 6d. Government Stocks Firmer Buyers’ offers for New Zealand Government 3*i per cent. 1953-57 and 1960 issues and the 4 per cent. 1955 issues revealed firmer markets. Buyers of Union' Bank of Australia moved up to £7 ss, without attracting sellers. United Building were firmer on buyers’ offers, 21s 9d. New Zealand Refrigerating (£1 paid) were easier, with business at 21s, and further unsupported sellers at 21s 2d. New Zealand Breweries remained unaltered at 365, and more were wanted at that price, sellers at 36s 3d. There was a closer market for Broken Hill Proprietary, which were quoted 39s 9d buyers, 40s 3d sellers. Sellers of Electrolytic Zinc (pref.) came down to 54s 6d, buyers at 51s. Woolworths, Ltd., were easier, with dealings at 16s 6d, market closing Id either way. Woolworths Properties were steady at 26s 6d, and late unsupported sellers wanted 265-Od. Woolworths (South Africa) were firm at 17s. Sellers of Argo reduced their limits to 4id. LATEST QUOTATIONS N.Z. Govt. Debentures.—3i p.c. Ins., 195357 b £102; 34 p.c. Bonds, 1953-57, b. £102; 34 p.c. Ins.. 22/5/ CO, b. £lO2 10s; 31 p.c. Ins,, 1957-60, b. £99 ss; 4 p,c lns 194,!-4fa, b £lOl 10s; 4 p.c. Ins., 1046-49. b. £lO3, 4* p.c. Ins., 1949-52. s. £107; 4 P-c. Ins.. IQS2-55 b. £107; 4 p.c. Bonds. 1955. b. £107; Rural Bonds, 5 p.c., 15/9/47, b. £lO2 10 Company Debentures.— Auckland Gas, 31 p.c. perp., b. £92 15s, s. £95. Banks.— Australasia, b. £8 10s; Comm. of Aust., s. 15s; Comm, of Aust. (pref.). b. £9 2s 6d, s. £9 12s 6d; Comm, of Sydney, s £18; E„ S., and A., s. £4 2s; National of N Z.. b. £1 19s; N.S.W. (cum div.), s. £29; New Zealand, b. *2_os 4d; New Zealand (mort. shares), s. £1 12s 6d, Union of Aust., b. £7 ss. „. Insurance.— National (cum dlv.), b. £1 0s 4d s. £1 Is; South British, b. £3 Is, Standard b £3 3s 6d. S Loan and Agency.— Christchurch Build b. £l7 2s 6d; Dalgety and Co., b. £6 6s. Goldsbrough, Mort. s. £1 8s 6d; Mutual Benefit, b. £l4 15s; N.Z. Guar Corpn.. b. 2s lOd. s. 3s: N.Z. Loan and Merc. (ord. stock), s. £SO; Perm. Investment, b. £10; United Building, b. £1 Is 9d; Wright, Stephenson, b, 17s 9d. s. 19s. Shipping.—P. and O. Def, Stock, b. £1 * 2 prosen Meat.— Canterbury (pref.). b. £7 2s 6d: Gear, s. 15s 3d; N.Z, Refrig. (£1 paid) s. £1 Is 2d; N.Z. Refrig. (10s paid), b. 9s 4d, s. 9s 6d; North Canty. Freezing (pref,), b. 18s 6d. „ . Woollens.—Bruce, b. £1 3s; Felt a nd Textiles, s. £1 19s; Kaiapol UJs paid), b. 17s 3d; Kaiapol (7s paid), s. 6s 4d; _Mosgiel, b. £lO 15s; Timaru, b. 19s; Wellington (pref.), b. £7 10s. Coal.—Grey Valley (ex dlv.). s. 10s, Kaitangata, s. £1 14s; Weslport-Stockton, b. 2s Bd, s. 3s; Westport-Stockton, (pref.), s 7s 3d. 'Gas.—Christchurch., s. £1 3s 9d. Breweries. —Balliris, 15s paid), b. 11s 3d, Dominion (pref.), b. £1 12s; New Zealand, b. £1 16s, s. £1 16s 3d; Tooths (ex div.). S Bflscellaneous.—Alloy SteeL(N.Z.), b. £1 16s; Aust. Alloy Steel, b. 8s 3d; Andersens (Ist pref.), s. IBs; Aust. Con. Jj* £2 6s 6d; Beath and Co., b. I® s and Co. (pref.), s. £1 4s; Berlel (N.Z.), b £3 10s; Booth, Macdonald (pref.). b. Os, s. 6s; British Tobacco (pref.). s. £I 12s; Broken Hill Pty. (ex dlv.). b. £1 19s 9d, a. £2 0s 3d; Claude Neon (Sydney), b. £1 3s 9d: Consolidated Brick, b. 7s 3d. Dominion Builders, b. 48' lld, s. 5s 7d; Dominion Fertiliser, tf, £1 4s6d. D.I.C. (pref,); b. £1 ss; Dunlop„Pubber, s. £1 3s 6d; Dunlop Rubber (pref.),- b. £1 12s 6d; Electro. Zinc, b. £2 11s. > £2 14s 6d, Farmers’ Trading, s, £l.29'fidi(;Hay *. Ltd., Ray’s. Ltd. ffjcdfil). b. £1 3s. Howard' Smith, b. £l. J: Pipe'(Aust.), b. 14s; Metiers (N.Z.), b. 15s, MJC. Manufacturers, b. 6s 3d. s. 7s 3d; MacdUffs, b; Ss.lld. s. 9s ld:Mocduffs (pref.). s £1 0s 2d: National Electric, b. £1 3s, N.Z. Drug. b. £4; N.Z. Drug (£1 P aid L b. £2 10s; N.Z. Farmers’ Co-op .(£2 10s paid), b. 6s: N.Z. Farmers Co-op. (A pref.), s. £2 ss; N,Z. Farmers’ Co-op. (B pref.), b. £ 1 Bs; N.Z. Farmers Co-op. (4J p.c. Stock, 1950), b. £88; N.Z. Farmers’ Co-op. (44 p.c. Stock, 1955), b. £BB. s. £9O; N.Z. Farm. Fertiliser (pref.). b. £1 3s 9d: N.Z. Farm. Fertiliser (ord.). b. £1; N.Z. Newspapers, b. £1 13s; N.Z. Paper Mills (cum dlv.). b. £1 14s. s. £1 16s* Otago Daily Times, b. £1 19s; Procera Bread. s . 9s; Quill. Morris (1936), s. 19s 6d; Reid (N.Z.) Rubber), b. £1 Bs:_ Reid (N.Z.) Rubber (con.), b. 16s-9d, Selfridges, b. £V. Taranaki Oilfields, s. 4s 7d; Tingey, R. and E. (pref.), b. El 2s: Weeks b. £8 10s, s. £10: Whltcombe and TOmbs, b. £3 13s. s. £3 17s 6d; Wilcox, Mofflin. b. 9s 8d; Wilson's Cement, s. £1; Woolworths (Sydney) (ord.), b. 16s5d. s, 16s 7d: Woolworths (N.Z.), b. 14s sd! Woolworths Properties, s. £1 6s 9d. Overseas Listing.—Woolworths (S.A.), s. Australian Mining.—Mount Morgan, b. 8s 7d, s. 9s; North Broken Hill, s. £2 ss; Placer Development, b. £3 6s 6d; Rawang Tin. s. 10s: Wellington Alluvials, b. 3s 4d. N.Z. Mining.—Alexander, s. 4s 8d; Argo, s. 41d; Barrytown, b. 9s; Big River, s. 9d; Consolidated, b. 4s Id; Golden Sands, b. 8d; Moonlight Goldfields, b. 2d, s. ■ 4d; Mossy Creek, s. Bd: Ngahere, s. 10s; Snowy River (5s paid), s. 8s 2d: Worksop Extended, s. 3d; Slab Hut (58 paid), hj. ss; Una Hill. b. Is 2d, • „ . Unlisted Stocks.—Assoc. Gold Dredges, (13s paid), b. 13s 6d. s. X3s 9d; Assoc, Gold Dredges (Is def.), b. 14s; BalUn s Breweries (debs,), b. £95: Blackball Creek, b. 8d; Christchurch Press, b. £7 12s 6d; Pvne, Gould, Guinness CA perp.). b. £96; Reece, Ltd., E. (pref.), b. 4s 4d; Urlwln’s, b. £2 3s; Westland Breweries, s. £1 4s. AUCKLAND Sales.—Com. Bank of Australia, 15s (late sale); Nat. Bank of New Zealand, 39s 6d; Union Bank, £7 6s; Renown (ord.). 10s; Newton King (pref.). 14* fld; Auckland Gas, 7s 8d; Auckland Gas (con.), 2a ,lod (3); Broken Hill Pty., 40s; M. K, Mfrs.v 8s fid; Woolworths (Syd.), 16* 7d (3). (inofficial List—Farmers’ Trading (C p«§.), 20s 3d. WELLINGTON Sales.—Bank of New Zealand, 40s 3d; N.Z. Guarantee Corpn., 2s 104 d (both late Friday); Timaru Woollen, 19s; 3',i p.c., 22/8/1960 Ins. Stock, £lO3 6s 3d: 4 p.C. N.Z, Govt. Stock, 15/4/46-49, £lO3 7s 6d. DUNEDIN Sales—Bank of New South Wales, £2B 10s; National Insurance, 20* 3d (3). SYDNEY -Leading Industrials were inbllned to sag on the Sydney Stock Exchange yesterday, due to the new taxation proposals. Morning Sgles.—Commercial... Bank of Sydney, £ll ’ 10s; Tooths., ,50s; Australian Gas A, 94s fld; Associated New*., 11s 9a: Colonial Sugar. >£47; Felt and Textiles, ’3ss. • Afternoon Sales.—Wlnchcombe Carson, 255: Broken Hill Pty:,- 375; . Electrolytic Zinc (pref;); 52s 3d; Comm. Bank of Sydney, £l6 10s; Oil Search, 4s 2d; Woolworths, IBs 3d; Adams, 18* 3d; Farmers, 25s 6d; Hume Pipe. 14s 7d; solidatad Industries, 41s 74d; Australasian Paper. 34a IJd; Peters, 19s 10id. MELBOURNE Sales.—Australian Cement, 40* 6d; British Tobacco (pref.). 29s fld; Silverton Trams, 28s; Aust, Knitting, 14s fld; Dunlop, 22s 9d. MINING RETURNS Barrytown Dredge.—The return for October was 394 ounces from 209,000 yards in 528 hours. ‘ Kanierl Dredge.—The return for October. was 431 ounces from 71,000 yards in 183 hours, f Arahura Dredge.—The return for October was 2053 ounces from '255,000 yards in 488 hours. ‘

The Ngahere return for the month of October was 555 ounces from 221,306 yards worked In 438 hour*. The Moonlight Goldfields report that the wash-up on Thursday . last was 44 ounces tfor, 185 hours’ sluicing.