COMMERCIAL

Press, Volume LXXVIII, Issue 23741, 12 September 1942, Page 6

COMMERCIAL

STOCK EXCHANGES CHRISTCHURCH MARKETS QUIET Markets continued quiet on call yesterday. although . .prices generally remained firm round about late rates. Apart from vestibule business the following sales were recorded: — Sales Reported.—loo Snowy River, at 6s 9d: 20 Canterbury Frozen Meat, at £l3; 140 D.I.C. at ISs 6d. There was still an almost total absence of sellers in the Government loan section, while in one or two places buyers increased their bids slightly. In the banking section buyers of Commercial Bank of Australia Increased their bids to 15s, without response. National Insurance were firm on buyers’ offers of 20s 2d, sellers 21s. South British . Insurance had buyers at 635, sellers asking 63s 6d. Goldsbrough. Morts remained firm with buyers at 26s 9d, sellers 27s 3d. United Building Society, cum dividend, had buyers at 21s 9d, sellers 235. Huddart Parker Shipping- had buyers at 43s 3d, ex dividend, without response, while - Union Steam preference were fractionally firmer at 27s 4d. There was a sale of Canterbury Frozen Meat (ordinary) at the improved price of £l3, and more were wanted at £l2. Timaru Woollens were firm on buyers’ offers of 17s 9d. no sellers. Westport Coal had buyers at 255, no sellers. Buyers of Anderson’s first preference increased their bids to 19s, sellers remaining at 21s. British Tobaccos were fractionally firmer with buyers, ex dividend, at 40s, sellers 42s 6d. Broken Hills were slightly easier, buyers 37s 6d, sellers 38s 2d. Dominion Fertilisers had buyers at 19s, sellers at 255. Morts Dock entered the lists witn buyers at 17s 9d, no sellers. All issues of New Zealand Farmers’ Co-op. secured deposit stock were wanted at £92 without result. New Zealand Newspapers remained firm, buyers 33s 9d, sellers 335, while paoer mills were wanted at 33s 3d. Taranaki Oils had buyers at 5s 2d. sellers 6s 3d. Whltcombe and Tombs were firmer with buyers at 795. sellers retreating to 82s 6d, Woolworths ordinary and Woolworths (N.Z.) ordinary remained firm at late rates. Mount Lyells were firm with buyers at 27s lOd, sellers 28s 3d. The local mining market was lifeless. LATEST QUOTATIONS N.Z. Govt. Debentures.—War Loan 1/10/53, b. £9l 15s, s. £93; Liberty Bonds, b. 18s. Municipal Debentures.—Christchurch Trams. 41 p.c., 1/8/51, s. £lO9. Company Debentures.—Booth. Macdonald, 5 p.c., 1/6/47, b. £BO, s. £B6; N.Z. Refrig. 4J p.c.. 1/8/45, b. £IOO 10s. Banks.—Adelaide, b. £5; Comm. of Aust, b. 15s; Comm, of Aust. (pref.), b. £9 15s; E., S., and A., b. £3 10s; National of A/asla. (£lO paid), b. £ll 2s 6d; National of A/asia. (£5 paid), s, £5 11s 6d; National of N.Z.. b. £2 4s; New South Wales, b. £2B 10s; New Zealand, b. £1 19s-4d; New Zealand- (Mortgage shares), •b. £1 11s 9d; Union, b. £7.. . Insurance.—National, b. £1 0s 2d, s. £1 Is; South British, b. £3 3s 6d. Loan and Agency.—Christchurch Building. b. £l7; Dalgety and Co., b. £7 Is; Goldsbrough, Mort., b. £1 6s 6d, s. £1 7s 3d; Invincible Building, b. £4 2s 6d, s. £4 15s; Mutual Benefit, b. £ls; National Mortgage ”A,” b. £1 18s 6d. s. £2; National Mortgage “B,” b. £1 2s; Wright, Stephenson (cum dlv.), b. 19s. Frozen Meat.—Canterbury, b. £l2; Canterbury (pref.), b. £7 7s 6d; Gear, b. 16s; N.Z. Refrlg. (£1 paid), b. £1 Is 4d, s. £1 Is 9d; N.Z. Refrlg. (10s paid), b. 9s sd, s. 9s 9d: North Cant. Freezing (pref.), b. £1 13s 3d; Waltakl, b. £4 17s Bd. Woollens.—Bonds, b. £1 7s; Bruce, b. £1 3s Od; Kalapol (17s paid, ex div.), b. 19s 6d, s. £1; Kaiapol (7s paid, ex div.), s. 7s 10d; Kaiapol (pref., ex div.), b. £1; Manawatu, b. £1 10s, s. £1 15s; Oamaru, b. £l2s 9d; Timaru, b. 17s 9d. Coal.—Kaitangata, b. £1 11s 6d, s. £1 13s; Westport, b. £1 ss; Westport-Stock-ton, s. 3s; Westport-Stockton (pref.), b. 8s 3d. Gas.—Auckland, b. 6s 2d; Christchurch (10s paid), b. 10s 6d, s. 11s 3d. Breweries.—Dominion, s. £1 7s 6d; New Zealand, s. £1 14s; Swan, b. 19s; Tooths, s. £2 11s. Miscellaneous.—Alloy Steel (N.Z.), b. £1 15s; Andersons (pref.), b. 19s, s. £1 Is; Aust. Consolidated Industries, s. £2 7s 9d; Beath and Company (Is paid), s. 25.; Cant. Roller Flour, b. 9s 6d; Colonial Sugar, s. £sl 10s; Dominion Fertiliser, b. 19s; s. £1 ss; D.I.C. (10s paid) b. 13s 6d. s. 16s 6d; D.I.C. (pref.), b. £1 4s 6d; Electro Zinc (pref.), s. £2 8s 6d; Electro Zinc (ord.), b. £2 3s 6d; Evans Atlas Flour, b. £1 4s. s. £1 6s; G. J. Coles, b. £2 11s 9d; General Industries, b. 17s; .Gordon and Gptch, b. £ll9s 9d; Hays, Ltd., b. £1 10s, s. £1 13s; Hays, Ltd., (contr.), b. £1 4s; Mason Struthers (£1 paid, ex div.), s. 14s 3d; Mason Struthers (14s paid, ex div.), s. 8s 10d; Mason Struthers (10s paid, ex div.), s. 7s; MllbUrn Lime, s. £1 16s; M.K. Manufacturers, b. 5s 6d: Macduffs, s. 7s 6d; Macduffs (pref., ex div.), s. 18s; N.Z. Drug (ex div.), b. £3 15s 3d; N.Z. Farmers’ Co-op. ("A” pref.. cum dlv.). s. £2 3s 6d; N.Z. Farmers’ Co-op, (“B” pref., cum div.), b. £1 7s, s. £1 15s; N.Z. Farmers’ Co-op. 4J p.c. Stock, 1949, b. £92; N.Z. Farmers’ Co-op. 4J p.c. Stock, 1950, b. £92; N.Z. Farmers’ Coop. 41 p.c. Stock, 1955, b. £92; N.Z. Farmers’ Fertiliser, s. 18s; N.Z. Forest Products, b. 4s 7d. s. 6s 6d; N.Z. Paper Mills, b. £1 13s 3d; N.Z. Newspapers, b. £1 13s 9d, s. £1 15s; Otago Daily Times, b. £2, s. £2 4s; Whitcombe and Tombs, b. £3 19s; Woolworths, Ltd. (cum div.), b. 15s lid, s. 16s 6d; Woolworths, Ltd. (New Zealand), b. 15s, s. 15s 4d; Woolworths. Ltd. (N.Z., pref., cum dlv.), b. £1 16s 9d; Woolworths, Ltd. (Properties), b. £1 3s 9d. Overseas.—Woolworths, South Africa, b. IBs sd, s. 19s 3d. N.Z. Mining.—Blackwater, b. 15s; Grey River, b. lls, s. 13s; Kanieri, s. IBs 9d; Maori Gold, s. 6d; Ngahere. b. 5s 6d, s. 6s 6d; Ngahere (defd.), s. 6s 3d; Slab Hut (5s paid), b. 5s 4d, s. 6s 6d; Snowy River (5s paid), b. 6s 7d. s. 6s lOd. Unofficial List.—Apex Ice (pref.), b. 17s; Associated Motorists Petrol (pref.), b. £1 2s 6d; Australian Motorists Petrol, b. lls; Carbonic Ice, b. £1 10s; Christchurch Press, b. £B, s. £8 15s; Mikonui (3s 6d paid), s. lOd; N.Z. Oil Concessions, s. £1 15s; Urlwin’s, b. £2 3s. AUCKLAND Sales.—War Loan, 1/10/53, £92; Liberty Loan, 15/9/52-55. 3 p.c., £99 7s 6d; Stock, 15/9/46-48, 3 p.c., £IOO 12s 6d; Stock, 15/1/56-59, 3i p.c., £lOl ss; Auckland Gas, 1/7/49-52, 4i p.c., £lO3 2s 6d; Comm. Bank, 14s 10d; Union Bank, £7; South British, 63s 3d (2); Newton King (pref.), 14s; Kauri, 225; A.C.1., 47s 6d; Consolidated Brick, 7s (2); Farmers’ Fertiliser (pref.), 22s 9d; Woolworths Properties, 24s 6d; Mount Lyell, 27s 9d, 28s, 28s Id. WELLINGTON Sales.—Union Bank of Australia (2), £7; Wellington Investment Trustee and Agency. 7s 6d; Wilson’s Cement (2), 17s 2d; Woolworths (N.Z.), 14s 9d; Mount Lyell (2), 27s 9d; Woolworths Holdings (South Africa), 18s 4d. DUNEDIN Sale.—McLeod Bros., £25. Sales Reported.—Mount Lyell (late sale, Thursday), 27s 9d; North Broken Hill (late sale Thursday), 44s 6d; National Mortgage ’A,” 38s 6d; Waihl Investments, 3s 2d. ■