COMMERCIAL

Press, Volume LXXXI, Issue 24624, 21 July 1945, Page 4

COMMERCIAL

STOCK EXCHANGES GOVERNMENT LOANS ACTIVE The outstanding feature on call at the Christchurch Stock Exchange yesterday was the substantial trading in Government loans. In other sections of the market there was a moderate turnover in selected industrials. Markets generally were firm at late rates. The following transactions were recorded:— Sales on 'Change.—Listed stocks: £IOOO 3 per cent. Victory Loan, 195659, £9B 12s Bd (2); £2OO 3 per cent. Vic-* tory Loan, 1955-58, £99 ss; 550 Wool Bonds, 1/2/49, £1 0s 5d (2); 100 British Tobacco. 48s Ifid: 100 Reid N.Z. Rub., 325. Sales Reported.—Listed stocks: £12,800 3 per Cent. Victory Loan, 1955-58, £B9 5s (3); 300 National Savings Bonds, July, 1950, 19s 3d; 40 Mosgiel Woollens, £l4 2s 6d (2); 100 Ballins Breweries (15s paid), 17s 9d; 225 Toohey’s Brewery, 32s 6d; 5 Colonial Sugar, £6l; 550 Macduffs, Ltd. (pref.), 27s (2); 300 Reid N.Z. Rubber, 32s (2); 200 Dominion Breweries (late sale Friday), 525. Latest Quotations N.Z. Govt.. Debentures.—2J per cent. Ins., 1 1940, b. £IOO 2s 6d; 2J per cent. Ins., 1947, b. £99 ss; 2J per cent. Ins., 1948, b. £9B 10s; 2\ per cent. Ins,, 1947-49, b. £97 12s 6d; 2J per cent.. Victory Loan, 1949-30, b. £97 10s; 2J per cent. Ins., 1949-51, b. £97; %\ per ■ cent. W* 1 Loan, 1953, b. £95 10s; 3 per cent. Victory Loan. 195659, b. £9B, 10s! 3 per cent. Ins., 1953-56, Dec., b. £9B: 3 per cent. Victory Loan, 1955-58, b. £99, s. £99 ss; 3 per cent. Ins., 1900-63. b. £97; 4 per cent. Ins., 1948, b. £lO2 15s; 4 per cent. Ins., 1946-49, b. £lOl ss, s. £lOl 15s; 4 per cent. Ins., 1949-52, b. £103; 4 per cent. Ins,, 1962*55, b. £lO4 7s 6d; 4 per cent. Ins., 1954-58, b. £lO5 12s 6d; 4 per cent. Bonds, 134849, b. £lOl 7s 6d; 4 per cent. Bonds, 1952-55, b. £lO4 15s; Liberty Bonds, b. £1 0s 9d, s. £1 Is 3d; Wool Bonds, 1/2/48, b. £1 Is; Wool Bonds (1949), b. £1 0s 6d, s. £1 0s 7d. Banks.—Australasia, s. £9 10s; Coram. of Aust. (cum div.), b 18s Cd; Comm, of Aust. (prcf.), (cum div.), b. £lO 15s, s £ll 15s; E„ S„ and A., b. £4 10s, s. £4 14s; Natl, of A/asla. (£lO paid), b. £l2 19s, s. £l3 2s; Natl, of A/asia. (£5 paid), b. £,6; Natl, of New Zealand, s. £2 13s; New South Wales, s. £BS ICs; New Zealand, b. £2 8s 9d, s. £2 9s 3d; Union of Aust., s. £8 10s. Insurance.—National, b. £1 6s 4d, s. £1 7s; New Zealand (cum div.), b. £4 18s 9d; South British, b. £4 8s; Standard, b. £4 ss. Loan and Agency.—Elder Smith, b. £B, s. £lO 10s: Dalgety and Co., b. £9 ss; Goldsbrough, Mort, b. £1 11s 7d; Natl. Mort. "A," b. £3 11s 9d; Natl. Mort. "B,” 1 b. £1 IBs 6d, s. £2; N.Z. and River Plate, b. £1 Is 3d; N.Z. Guarantee Corpn., b. 4s 4d; N.Z. Loan and Merc. (ord. stock), b. £6B, s. £7l; N.Z. Loan and Merc, (pref.), b. £105; Perm. Investment, b. £ll 15s; United Building, s. £1 ss. Shipping.—Huddart Parker, b.‘£3 5s 6d: Huddart Parker (pref.), b. £1 13s 3d;' P, and O. De£d. Stock, b. £2 14s 3d; Union (pref.), b. £1 11s 9d. Frozen Meat—Canterbury (pref.), b. £8 7s 6d; Gear, b. £1 6s 3d: N.Z. Refrig. ,(£1 paid), b. £1 10s; N.Z. Refrlg. (10s paid), b. 14s 7d; Nth. Canty. Freezing (pref.), 'b, £1 2s Id;-Southland, b. £2 15s; South Otago, b. £6 10s: Waitaki. b. £7 10s; Wellington, b. 15s. . Woollens.—Tattersfield, b. £2 Is; Felt and Textiles, b. £2 17s 6d, s. £3; Kaiapoi (7s palcU, b. 9s, s. 10s; Kaiapol (prfcf.), b. £1 6s; Kaiapot (17s paid), b. £1 4s Sd; Manawatu, b. £2 6s 3d; Mosgiel, b. £l4 2s 6d: Oamaru, b. £1 8s 3d; Timaru, b. £1; Wellington, b. £8 10s; Wellington (pref.). b. £8 15s. Coal.—Kaitangata, b. £1 6s; Westport, b. £1 7s. s. £1 7s 6d. '/ Gas.—Ashburton, s. £4 10s; Christchurch (cum div.), b. £1 7s; Christchurch (10s paid), (cum div.), b. 12s 8d; Timaru, s. 17s 3d; Timaru (con.), b. Is 3d: Gisborne, b. ss. Breweries. —Ballins, b. 17s Bd, s. 18s 3d; Dominion, b. £2 12s; Dunedin, s. £1 9s 3d; New Zealand, b. £2 6s Id, s. £2 Fs 6d; Swan, s. £1 15s; Tooheys, b. £1 12s 3d, s £1 15s 6d; Westland, b. £1 7s 2d. s. £1 7s 6d. Miscellaneous.—Alloy Steel, b. £2 Bs, s. £2 14s: Anthony Hordern,/ b. £1 Is' A/asia. Paper, s. £2 ss; Aust. Con. Industries, b. £2 17s; Aust. Found Invest., b. 5s 4d, s. 5s sd; Beath and Co., b. £1 14s, s, £1 14s 6d; Beath and Co. (Is paid), s. 7s 6d; Beath and Co. (pref.). b. £1 3s; Berlei (N.Z.), b. £5: Booth, Macdonald, s. Is 8d; Booth, Macdonald (pref.). b. 8s 9d, s. ICs; British Tobacco, b. £2 8s 9d, s. £2 8s lOd; Broken Hill Pty. b. £2 6s, s. £2 7s 6d; Broomfields, b. 19s 9d; C.F.C.A., b. £1 2s, s. £1 4s; C.F.C.A. (pref.), b. £2 7s 9d; Cant. Roller Flour b. 14s 9d; Colonial Sugar, s. £6l; Con. Brick, s. 9s 9d; Crystal Ice, b. £2 13s ed: Dental and Medical, b. £1 4s; Dom. Fortiliser, b. £1 6s 6d; Dom. Rubber, b. 15s Gd; D.I.C. (10s paid), b. £1 2s; Electro. Zinc, b. £2 17s; Electro. Zinc (pref.). b. £2 18s 3d; Fletcher Ho'dings. s. £1 12s; Gen. Industries, b. £1 6s: Gordon and Gotch. b. £4; Greater Crystal, b. £1 3s: Griffin and Sons, b. £2; Hadfields, b. 12s; Hay’s, Ltd. (con.), b, £2 5s 6d,. s. £2 10s; Frozen Products, b. 13s 3d. s. £1 2s Gd; Farmers’'Trading, b. £1 7s 9d; Fanners' Trading ("A” pref.). b. £1 6s; Henry Jones, b. £2 13s. s. £2 15s; Macky. Logan, b. £1 15s: Mason, Struthers (£1 paid), b. 18s, s. £1; Mason. Struthers (14s paid), s. 13s 6d; Matters, b. £1 0s 3d; Milburn Lime, b. £1 17s; Millaquin Sugar, s. £3 Is; Morris, Hedstrom, b. £2 Bs, s. £2 9s 3d; Macduffs. b. 16s, s. 16s 6d; Macduffs (pref.), b. £1 6s 9d, s. £1 7s «d; Natl. Reliance, b. 10s; Natl. Electric, b. £ 1 13s; New Colosseum, b. £2 Is 6a; N.Z. Drug Co., b. £5 4s; N.Z. Drug Co. (£1 paid), b. £3 3s; N.Z. Farmers’ Co-op. (Ist pref.), b. £5 7s 6d; N.Z. Farmers Co-op. (“A” pref.), b. £3 12s Bd, s. £- 17s 6d: N.Z. Farmers’ Co-op. ( B pref.). b. £3 8s; N.Z. Farm, Fertiliser, b. £1 os; NZ. Farm. Fertiliser (pref.) (cum div.), b. £1 6s; N.Z. Newspapers, b. £2 5s 6d: NZ. Paper Mills, b. £1 19s 6d; Niven and Co., b. £1 0s 6d. s. £1 Is; Otago Daily Times, b. £2 11s 6d; Quill, Morris, b. £1 9s 6d; Reid Rubber, b. £1 He lOd. s. £1 12s; Robinson Ice Cream, b. £1 13s; Spencer’s Pictures, b. 18s, s. £1; Sharland and Co., b. £1 13s 9d; Silknlt. b. £1 ss, s. £1 8s 6d; Sanford, b. 8s 9d; Taringamutu Totara Timber, s. £1 4s; United Provisions, b. 17s 3d; Victoria Nyanza. s. 14s; Whitcombe and Tombs, b. £6 15s; Wilcox, Mofflin, b. 13s; Wilson’s Cement, b. 19s 6d; Woolworths (Sydney), (ord.), b. £1 3s 6d; Woolworths (N.Z), b £1 4s 10d;' Woolworths Properties, b. £1 9s 6d. . , /e Overseas Listing.—Woolworths (S. Africa), b. £1 12s. Aust. Mining.—Bulolo, b, £5 8s; Mount Lyell, s. £1 8s 9d; Mount Morgan, b. 7s. s. 8s Id; Mount Morgan (pref.), (cum div.), b. £1 2s; North Broken Hill. s. £2 15s; Rawang Tin, b. 8s 3d, s. 9s; Tableland Tin (ord.), b. £1; Tableland Tin (pref.) ,b. £1 0s 4d; Tableland Tin (deferred), b. 13s. N.Z. Mining—Austral N.Z., b. 10s 3d, s. 15s; Barrytown. b. 14s, s. 18s; Grey River, s. 8s 9d: Komata Reefs, b. 4s 8d; Ngahere, s. 6s; Ngahere (deferred), s. 2s 6d; Slab Hut, s. 2s 3d; Snowy River, b. 6s 9d, s. 7s 3d. _ .. , Unofficial List.—Amalgamated Batteries, b. 17s; Amalgamated Batteries (pref.), b. 13s 6d; F.A.M.E. (ord.), b. 10s; F.A.M.E. (pref.), b. 22s 6d; Christchurch Press, b. £lO 15s; Coulls, Somerville, b. 245; Mackintosh, Caley, Phoneix. b. 325. s. 355: Harley Chambers, s. 23s 6d; Reece, Ltd. E. (pref.), b. ss; Southland Breweries, b. 20s; Selfridges “(con.), b. 13s; Selfridges (W Aust.). b. 14s 9d; Taramakau (5s paid), s. ss; Todd Motors (pref.), b. 12s 6d: Whakatane Paper, b. 7s; Wbakatane Paper (pref.). b. 255; Victoria Mansions, b. 20s. AUCKLAND Sales.—Victory Loan (1945), 15/4/56-59, 3 per cent. (£200), £9B; Waltemata County, 1/10/59, 4i per cent. (£300), £UI 10s; Commercial Bank of Australia (500), 18s 6d; Bank of New Zealand (175), 49s 2d; Union Bank (50). £8 6s 6d; Kaiapoi Wool, con. (375). 9s 6d; Oamaru Wool (500), 30s; Dominion Breweries (300), 52s (2); Broken Hill Pty. (100), 46s 9d; Con. Brick (300), 9s 9d; Fletcher Holdings pref. (75), 31s; M.K. Manufacturers (200), 8s sd; N.Z. Forest Products, pref. (100), 11s 6d; Reid* Rubber (400), 32s (3); Wilson’s Cement (166). 19s 6d; Woolworths. Sydney (200), 23s Bd (2), The sale of North Auckland Farmers B pref. recorded yesterday should have been Farmers’ Co-cp. Auct. B pref. (100), 26s 6d. WELLINGTON Sales. —Thursday; Bank of N.Z. (400). 49s Id (100), 495; Wellington Woollen (50), £8 15s; Wellington Woollen, pref. (20), £8 17s 6d; Ballins Breweries (15s) (100), 17s 9d. Yesterday; Woolworths, Ltd. (400), 23s 9d; N.Z, Guarantee Corpn. (300), 4s 4d; Kaiapoi Woollen (7s paid) (375), 9s 6d; Tooheys, Ltd. (225). 325; 6d; A.C.I. (200), 57s 6d; Rawang Tin (200), 8s 6d. DUNEDIN Sale.—Mount Lyell (100), £1 Bs. Sales Reported.—Mackintosh, Caley, Phoenix (200), £1 13s; Mosgiel Woollen (40), £l4 2s; Bank of New Zealand (300). £2 9s 3d: Dunedin Breweries (125), £1 8s 6d; Dunedin Breweries (150). £1 8s 6d; Macduffs, Ltd. (pref.) (150). £1 7s; WOolworths (Sydney) (£108), £1 3s 6d. ST. ANDREWS STOCK SALE TIMARU, July 20. The bulk of the entry at stock sale in the St. Andrews saleyards comprised fat cattle. About 40 head were offered, the quality being from fair to good. There was a good demand from Waimate and Timaru butchers, and prices improved by fully £1 a head on latest rates. There were no store or dairy cattle worthy of mention. Values were:— Fat Steers.—Best, £ls to £lB 12s 6d; others, £l2 to £l4 17s Gd, Fat Heifers.—Extra good, £ls to £l6 2s 6d; good, £l3 12.- 6d to £l4 17s Cd: others. £9 to £l3 7s Fd. Fat- Cows.—Best, £lO to £l3 7s 6d: medium, £8 to £9 7s 6d; light, £6 to £6 17s 6d.