COMMERCIAL

Press, Volume LXXVIII, Issue 23717, 15 August 1942, Page 6

COMMERCIAL

STOCK EXCHANGES

CHRISTCHURCH MARKETS

Buyers of Government stocks Increased their bids substantially yesterday, and fair sized parcels of the 4 per cent. (15/4/1946-49) and 4 per cent. (15/6/195255) changed hands at the improved prices of £lO4 10s and £lO6 17s 6d respectively, and more were wanted at the same prices. Sales on ’Change.—£lols N.Z. Government stock, 4 per cent., 1946-49, £lO4 10s; £IO2O N.Z. Government stock. 4 per cent., 1952-55, £lO6 17s 6d; 100 Broken Hill Proprietary Co., Ltd., 365; 100 Wool (N.Z.), Ltd., 14s 3d. Sales Reported—so A.C.1., 46s 6d. In the shipping section Adelaide Steam had buyers at 295, sellers asking 325. Huddart Parker had buyers at 43s 6d, buyers at 44s 6d. Buyers of Union Steam preference increased their bids to 27s 3d, no sellers. In the frozen meat section buyers of Canterbury Frozen Meat ordinary increased their bids to £l2 ss, and for the preference Issue to £7 5s without attracting sellers. Kaitangata Coal had buyers at 31s, sellers at 32s 9d. Westport Coal were fractionally firmer with buyers at 24s 6d, no sellers offering. Christchurch Gas, fully paid, were firm on buyers' offers of 22s lid, without response. Buyers of Ballins Breweries (15s paid) increased their bids to 10s 9d, sellers asking 13s. There was a sale of Broken Hill at 365, and more were wanted at the same price, sellers 36s 3d. Booth, Macdonald preference buyers remained firm with buyers at 5s lid, sellers retreating to 7s 6d, Milburn Lifne were firm with buyers at 35s 9d, no sellers. New Zealand Farmers’ Co-operative "A” preference were wanted at the improved price of 355, sellers remaining at 40s. Weeks, Ltd., were very firm with buyers at £9 ss, no sellers. Woolworths (N.Z.), ordinary, had sales at 14s 3d, and more were wanted at the same price. The preference shares were sought after at 36s 6d, sellers asking 39s 9d. Lyells were firm with buyers at 255. no sellers. The local mining market was lifeless. N.Z. Govt. Debentures.—3 p.c. Ins., 1/8/51-54, b. £99; 3i p.c. Ins., 1953-57, b. £102; 3J p.c. Bonds. 1953-57. b. £102; 3J p.c. Ins., 22/5/60, b. £102; 4 p.c. Ins., 1946, b. £102; 4 p.c. Ins., 30/11/48. b. £105; 4 p.c. Ins., 1949, b, £lO4 10s; s. £105; 4 p.c. Ins., 1949-52, b. £lO5 10s; 4 p.c. Ins., 1955, b. £lO6 12s 6d; 4 p.c. Ins., 195458, b. £lO7 ss; 4 p.c. Bonds, 1946, b. £102; 4 p.c. Bonds, 1949, b. £lO4 10s;; 4 p.c. Ins., 1955, b. £lO6 17s 6d; Rural Bonds, 5 p.c. (15/9/47). b. £104; War Loan, 1/10/53, b. £9l ss; Liberty Loan, 2i p.c. (1947), b. £97 ss; Liberty Loan, 3 p.c. (1952-55), b. £99 10s, s. £IOO. Other Debentures.—Booth, Macdonald, 5 p.c. (1/6/47), b. £BO 15s. s. £B6. Banks.—Adelaide, b. £4 15s, s. £5 10s; Australasia, b. £8 8s; E., S., and A„ b. £3 ss; Natl, of Australasia (£lO paid), b. £11; National of Australasia (£5 paid), s. £5 16s; National of N.Z.. b. £2; New South Wales (ex div.), b. £2B; New Zealand, b. £1 19s 3d, s. £1 19s 9d; New Zealand (Mortgage shares), b. £1 10s; Union of Australia, b. £6 13s. Loan and Agency.—Dalgety and Company, b. £6 12s 6d; Christchurch Building, b. £l7; Goldsbrough, Mort, s. £1 6s; Invincible Building, b. £4; Mutual Benefit, b. £l4 17s 6d; National Mortgage "B", b. £1; N.Z. Guarantee Corpn., b. 2s lid; Permanent Investment, b. £10; United Building, b. £1 Is 6d; Wright, Stephenson, b. 19s. Shipping.—Huddart Parker, b. £2 3s 6d, s. £2 4s 6d; Union (pref.), b. £1 7s 3d. Frozen Meat.—Canterbury, >b. £l2 ss; Canterbury (pref.), b. £7 ss; Gear, b. 15s 9d; N.Z. Refrig, (£1 paid), b. £1 Is 6d, s. £1 2s 3d; N.Z. Refrig. (10s paid), b. 9s 3d, s. 9s 8d: North Canterbury Freezing (pref.), b. 19s 6d. Woollens.—Kalapol (17s paid), b. £1 0s Id; Kaiapoi (7s paid), b. 7s 6d; Kaiapoi (pref,), b. £1 6s 9d; Manawatu, b. £1 10s, s. £1 16s; Mosgiel, b. £ll ss; Oamaru b, £1 2s 6d.

Coal.—Grey Valley, s. 7s; Kaitangata, b. £1 11s, s. £1 12s 9d; Westport, b. £1 4s 6d; Westport-Stockton, s. 3s; WestportStockton (pref.), s, 8s 9d. Gas.—Christchurch, b. £1 2s lid; Christchurch (10s paid), b. 10s 6d, s. 11s 3d. Breweries.—Ballins (15s paid), b. 10s 9d, s. 13s; New Zealand, b, £1 11s 6d; Swan, b. £1; Tooths, s. £2 10s; Castlemaine Perkins, s. £l. Miscellaneous.—Alloy Steel (N.Z.), b. £1 15s; Andersons (Ist pref.), b. 18s 6d, s. £1; Australian Alloy Steel, s. 7s 9d; Australian Consolidated Industries, s. £2 6s 9d; Beatli and Company (pref.), b. £1 2s 9d; Booth, Macdonald (pref.), b. 5s lid, s. 7s 6d; Booth, Macdonald (ord.), b. 8d; Broken Hill Proprietary, b. £1 16s, s. £1 16s 3d; Canterbury Roller Flour, b. 9s 6d; D.I.C. (10s paid), b. 15s, s. 16s; D.I.C. (pref.), b. £1 4s 3d; Dunlop Rubber, b. 17s, s. IBs; Evans Atlas Flour, b. £1 3s 6d, s. £1 6s; Hays, Ltd., b. £1 10s, s. £1 13s; Hays. Ltd. (contr.), b. £1 4s; Mason, Struthers (£1 paid), s. 15s; Mason Struthers (14s paid), s. 10s; Mason Struthers (10s paid), s. 7s; Milburn Lime, b. £1 15s 9d; Macduffs, b. 3s 6d, s. 7s 6d; Macduffs (pref.), b. 10s 3d, s. 18s 6d; McKenzies, Ltd., s. £1 19s 6d; McLeod Bros., s. £25 15s; N.Z. Drug Co., b. £3 14s 3d; N.Z. Farmers' Co-op. (Ist pref.), b £3 ss; N.Z. Farmers’ Co-op. (“A” pref.), b. £1 15s, s. £2; N.Z. Farmers’ Co-op. (4i p.c. Stock, 1950), b. £B9; N.Z. Farmers’ Co-op, (1955), b. £B9 10s; N.Z. Newspapers, b. £1 10s 9d; N.Z. Paper Mills, b. £1 12s 6d; Otago Daily Times (cum div.), b. £2, s. £2 4s; Taranaki Oilfields, s. 6s; United Provisions, b. 10s 3d; Weeks, Ltd., b, £9 ss; Whitcombe and Tombs, Ltd., b. £3 16s 6d, s. £3 19s; Wilcox Mofflin, b. 9s 6d; Woolworths (Syd., ord.), b. 15s sd; Woolworths (2nd pref.), s. £1 6s 9d; Woolworths (N.Z.), b. 14s 3d, s. 14s 4d; Woolworths (N.Z., pref.), b. £1 16s. Overseas Listings.—Woolworths (South Africa), s. 18s 3d. N.Z. Mining.—Austral (N.Z.), s. £1 2s 6d; Barrytown, b. 9s, s. 13s; Barrytown (deferred), s, 12s; Grey River, s. 13s; Kanieri, s. 19s; Maori Gold, s. 6d; Ngahere (deferred), s. 6s 6d; Slab Hut (5s paid), b. 5s sd, s. 6s 3d; Snowy River (5s paid), b. 6s 6d, s. 6s 9d. , Unofficial List.—Associated Gold Dredg. (16s paid), b. 5s 3d, s. 8s; Associated Motorists’ Petrol (pref.), b. £1 2s 6d; Aust. Motorists Petrol, b. 11s 6d; Carbonic Ice, b. £1 9s; Chch. Press, Ik £8; Mikonui (3s 6d paid), s. Is; N.Z. Oil Concessions, s. £1 16s; E. Reece, Ltd. (pref.), b. 4s 6d; Urlwin’s, b. £2 4s; Woclston Tanneries ("B" Debs.), b. 15s; Westland Breweries, b. 19s 6d. AUCKLAND Sales.—War Loan. 1/8/51-54, 3 p.c., £99 ss; Stock, 15/2/43-46, 4 p.c.. £102; Bank of N.Z., 39s 6d; South British, 60s; Auckland Gas, 6s 5d (2); Northern Steam, 4s lid; Parker, Lamb, Is 9d; Broken Hill Pty„ 365: N.Z. Refrig,, 21s 6d. WELLINGTON Sales.—Late Thursday: N.Z. Refrigerating, £1 Is 6d. Yesterday: War Loan, 1953, £9l 7s 6d. DUNEDIN Reported Sales.—Wilson’s Cement, 17s 4Jd; Government 1953-57 Stock, £lO2 10s; Bank of N.Z., 39s 6d.