COMMERCIAL

Press, Volume LXXVIII, Issue 23747, 19 September 1942, Page 6

COMMERCIAL

STOCK EXCHANGES CHRISTCHURCH VALUES MAINTAINED The demand for good class investments was maintained yesterday on the Stock Exchange with no noticeable weakening at the close of the week’s business, a feature of which was the interest displayed in banking shares. Sales on ’Change: Listed Stocks.— £4oo Liberty Loan, 3 p.c„ 1952-55, £9B 12s 6d; 100 Taranaki. Oilfields, 6s. Sale Reported: Listed Stock.—£66oo 3>/ 4 p.c. Ins., 1957-60 stock. £IOO 15s. All Government stock issues are firm on buyers’* prices, which have not changed during the week. The turnover in the banking section was the highest for some weeks, and while some issues fluctuated others improved in value. This was noticeable in Bank of New Zealands, Commercial Bank of Australia, and Bank of New South Wales. National Bank of New Zealand, which rose sharply to 455, closed easier at 44s 6d buyers, 44s 9d sellers. Buvfrs of Union Bank of Australia have been steady at £7, but this banks scrip is scarce. Loan and Agency section also attracted attention, United Building closing firmer at 21s lOd buyers. 23s sellers (cum dividend). Shipping and frozen meat shares have been ln . c ° ns . ta , n L mand without selling support, but interest in Kaiapol woollens (ex dividend) has eased slightly. Breweries shares were again freely quoted with little variance in quotations, and this applies to an extent in the miscellaneous section. Australian securities had good inquiry at prices nearer Australian markings New Zealand securities have also been in a®mand, but scrip for New Zealand Drug Company and Whitcombe and Tombs, Ltd., is scarce, the latter improving on buyers’ quotations to 70s 6d at the close. there was no material change In the mining section, and the sales list has been very small. latest quotations Municipal Debentures.—Christchurch Trams, 41 p.c.. 1/8/51. s. £109; Banks Peninsula Eectric Power Board, 41 p.c., 1/4/53, s. £lO9 10s. .... - „ Company Debentures.— Auckland Gas, 3j p c Perp. Debs., b. £80; Booth, Macdonald’, 5 p.c.. 1/6/47. b. £B2 10s, s. £9O; _New Zealand Refrigerating, 41 p.c., 1/8/45, b. £IOO 10s - „ . ... Banks— Commercial of Australia, b. 14a lid, s. 15s 3d; do. (pref.), b, £9 15s; Commercial of Sydney, b. £l6; National of A’asia. (£5 paid), s. £5 11s: National of New Zealand, b. £2 4s, s. £2 ss: New South Wales, b. £2B 12s 6d; New Zealand, b. £1 19s 9d: do. (mortgage shares), b. £1 11s; Union of Aust.. b. £7. Insurance.—National, b. £1 0s 3d, s. £1 0s 6d; South British, b. £3 Is, s. £3 2s 6d; Standard, b. £3 2s. Loan and Agency—Christchurch Building. b. £l7: Dalgety and Company, b. £7: Goldsbrough l , Mort, b. £1 6s lOd, s. £.l 7s 6d; Invincible Building, b. £4 2s; Mutual Benefit, b. £ls; National Mortgage "A.” b. £1 18s 6d; do. "B.” b. £1 2s: New Zealand Guarantee, b. 2s lid; N.Z. Loan and Merc. (ord. stock), b. £25; Perm, in-' vestment, b. £10; United Building (cum div.), b. £1 Is lOd, s. £1 3s; Wright, Stephenson (ex div,), b, 18s 9d.

Frozen Meat. —Canterbury, b. £l2 10s, s. £l3; do. (pref.), b. £7 10s;-Gear, b. 16s; N.Z. Refrig. (£1 paid), b„ £1 Is 3d, s. £1 Is ad; do. (10s paid), b. 9s 6d; North Canterbury Freezing (pref.), b. £1 0s 9d; Southland, b. £1 13s 9d; Waltaki, b. £4 17s fid. Woollens.—Bonds Hosiery, b. £1 7s 3d: Bruce, b. £1 4s; Felt and Textiles, b. £1 18s; Kalapoi (17s paid), b. 18s lOd, s. 19s 8d; do. (7s paid), s. 7s 10d; do, (pref.), s. £1 0s 10d; Manawatu, b. £1 10s, s. £1 15s; Mosgiei, b. £ll ss; Oamaru, b. £1 3,s fid, s. £1 7s; Timaru, b. 18s; Wellington, b, £7 ss; do. (pref.), b. £7 10s. Gas.—Auckland, b. fis 2d; Christchurch, s. £1 3s 2d; do. (10s paid), b, 10s fid, s. 11s 3d. Breweries.—Dunedin, b. 19s: New Zealand, b. £1 13s fid, s. £1 13s 9d.

Miscellaneous.—Alloy Steel (N.Z.), b. £1 15s; Andersons (pref.), b. 19s, s. £1; Australian Alloy Steel, s. 8s; Australian Consolidated Industries, s. £2 7s fid; Beath and Co., b. £1 Is 9d, s. £1 4s; do. (pref.), b. £1 2s 9d; Berlei (N.Z.), b. £3 8s: Booth, Macdonald (pref.), b. fis 3d, s. fis lOd; British Tobacco, b, £2, s. £2 Is fid; Canterbury Roller Flour, b. 9s fid; Colonial Sugar, b. £49. s. £sl; Donaghy Rope, b. £2 9s 3d; D.1.C., b. 15s; do. (pref.). b. £1 4s fid; Evans Atlas Flour, b. £1 4s, s. £1 fis; G. J. Coles, b. £2 11s fid: Gordon and Gotch, b. £1 19s; Hay’s, Ltd., b. £1 10s, s. £1 13s; Mason, Struthers (£1 paid), b. 11s fid. s. 14s; do. (14s paid), s. 9s; do. (10s paid), b. 3s, s. fis 3d; N.Z. Farmers’ Co-op. £2 10s paid), b. fis; do. (“A” pref.) (ex dlv.l, s. £2 ss; do. ("B” pref.), (ex div.), b, £1 fis 9d. s. £1 15s; do. (4J p.c. Stock. 1949), b. £92; do. (41 p.c. Stock, 1950), b. £92; do. (4J p.c. Stock, 1955), b, £92; N.Z. Farmers' Fertiliser, s. 18s: N.Z. Forest Products (pref.), b. fis 3d; N.Z. Newspapers, b. £1 13s fid. s. £1 15s; N.Z. Paper Mills, b. £1 13s 3d; Northern Roller Milling, b. £l; Otago Daily Times, b. £2, s. £2 4s; Whitcombe and Tombs, b. £3 19s fid; Wilson's Cement, b. 9s fid; Woolworths, Ltd. (ex div.): b. 15s, s. 15s lOd; do. (N.Z.), b, 15s; W. R. Carpenter, b. £1 4s fid. Overseas Listing.—Woolworths (S.A.), s. 18s lOd,

N.Z. Mining—Arahura, s. Is 10d; Grey River, b. 9s 3d, s. 12s lid: Kanieri, s. 19s fid; Maori Gold, s. fid: Moonlight, b. 2d, s. 4d; Ngahere, b. 5s 9d; Okarito, b. 2d. s, Is; Slab Hut (5s paid), s. 5s 9d; Snowy River (5s paid), b. 6s 9d, s. 7s; Waihi Investments, b. 3s 3d. Unofficial List.—Ass. Mot, Pet. (pref.), b. £1 2s fid: Aust. Mot. Petrol, b. Ils 3d: Amberley Lime, s. £1 Os 3d; Blackball Creek, b. fid, s. Is: Carbonic Ice, b. £1 10s: Christchurch Press, b, £B, s. £8 15s; Mikonui (3s fid paid), s. lOd; N.Z. Oil Concessions, s. £1 Iss; Reece, Ltd., E. (pref.), b. 4s 9d; Urlvvin’s, b. £2 3s fid. AUCKLAND » Sales.—Liberty Loan, 15/9/47, 2} p.c„ £97 5s (2); do., 15/9/52-55, 3 p.c., £9B 12s fid; Auckland Gas Perp. deb., 3J p.c., £BO 15s; Comm. Bank, 14s lid; South British, 62s 9d: Renown Collieries, 9s; Westport, 25s 3d; Auckland Gas, 6s 4d; N.Z, Breweries, 33s 10d; Lewis Eady (pref.), 14s: N.Z. Newspapers (cum dividend), 33s fid: Taranaki Oil, 6s; Whittome Stevenson, 20s; Woolworths (Syd.), cum div,, 16s; Mount Morgan, 8s 3d. WELLINGTON Sales.—3 p.c. Stock, 15/9/52-55, £9B 15s; Farmers’ Fertiliser, 16s 9d. DUNEDIN Sales Reported.—National Bank of Australasia (con.), £5 10s; Westport Coal, 25s 3d.