COMMERCIAL

Press, Volume LXXXI, Issue 24711, 31 October 1945, Page 8

COMMERCIAL

STOCK EXCHANGES The outstanding feature on call at the Christchurch Stock Exchange yesterday was the,activity in Kaiapoi Woollens (7s paid) shares. Markets generally were lirm, and there was a moderate turnover, with the bulk of the dealings in industrials. The following transactions were recorded:—

Sales on 'Change.—Listed stocks: 100 Bank of New Zealand. 50s 3d; 100 Kaiapoi Woollens (17s paid). 21s: 600 Kaiapoi Woollens (7s paid), 10s 6d, 10s 3d (2), 10s 6d; 100 New Zealand Breweries, 46s 9d; 110 MacduiTs, Ltd. (ord.), 16s; 30 Reid N.Z. Rubber (rights), 8s 6d.

Sales Reported.—Listed stocks: 200 Bank of New Zealand, 50s 3d; 500 N.Z. Refrigerating (10s paid). 15s 2d, 15s Id, 15s 2d; 400 Kaiapoi Woollens (7s paid), 10s 9d (3); 633 Timaru Woollens. 20s 9d (2); 200 Hay's, Ltd., 58s; 100 Macdufls, Ltd. (pref.). 275. LATEST. QUOTATIONS

N.Z. Govt. Debentures,—2} p.c. Inscr.. 1946, b. £IOO 2s Gd; 3 p.c. Inscr., 1952-55, b. £IOO ss; 3 p.c. Inscr., December, 1953SG, b. £IOO 10s, s. £IOO 15s; Wool Bonds, 1/2/48, b. £1 Is. Banks: Comm. of .Aust.. b. 18s 3d, s. 18s Cd; Comm. of Aust. (pref.), b. £lO 12s Cd; E., S„ and A., b. £4 6s, s. £4 lis; New Zealand, b, £2 10s 3d, s. £2 10s Gd. Insurance: National,- b. £1 Gs 7d, s. £1 7s 6d; New Zealand, b. £4 14s 6d.. Loan and Agency: United Building, b. £1 4s 7d, s. £1 5s Id. Frozen Meat: Gear. b. £1 7s 3d: N.Z. Refrig. (£1 paid), s. £1 13s; N.Z. Refrig. (10s paid), b. 15s, s. 15s Id; North Canty. Freezing (pref.h b. £1 2s 9d; Southland, b. £2 -18s 3d. Woollens: Kaiapoi (17s paid), b. £1 0s 6d, s. £1 Is; Kaiapoi 07s paid), b. 10s. s. 10s 9d;-Timaru, b. £1 0s 6d; Yarra Falls, b. £2 Bs. Coal: Kaitangata, b. £1 3a 9d, s. £1 6s; Westport, b. £1 -6s, s. £1 7s 6d. Gas: Christchurch, b. £1 7s 2d, s. £1 Bs. Breweries: New Zealand, s. £2 6s 9d; Swan, b. £1 8s 6d. s. £1 13s; Westland, b. £1 12s 9d, s. £1 13s. Miscellaneous; Aust. Found. Invest., b. 5s sd, s. 5s- 9d; Berlei (Aust.). b. £2 ss; Burns, Philp, s.'£3 17s Gd; Cant. Roller Flour, b. 15s Bd; Electro. Zinc, s. £3 2s; Electro. Zinc (pref.), b. £3 0s 6d, s. £3 2s; G. J. Coles, b. £3 15s, s. £3 15s 9d; Morris, Hedstrom, b. £2 10s; Maeduffs, b. 16s 2d, s. 16s 6d; N.Z, Paper Mills, b. £1 19s, s. £2 Os 6d; Reid Rubber (ex rights),.s. JEI lis 6d: Hfeid Rubber (rights), b. 8s 6d, s. 9s; Wilson's Cement, s. 19s 2d; Woolworths (2nd pref.), s, £1 12s 6d. Overseas Listings: (S. Africa), b. £1 12s 6d. s. £1 15s. Australian Mining: Broken Hill South (cum div;).b. £1 10s; Mt. Lyell. s. £1 6s 3d; New Broken Hill, b. £1 Is; Placer Development, s.'£s 2s 6d. N.Z. Mining: Austral-N.Z., b. 15s 3d, s. 18s 9d; Ngahere (deferred), s. 25,9 d. AUCKLAND Sales.—Liberty Loan, 15/9/47, 2J percent. (£250). £99 7s 6d; Liberty Loan, 15/6/48-49. 2J per cent. (£200), £99 12s Gd; Ins. Stock. 1/8/51-54, 3 tier cent. (£200), £IOO ss; OJberty Loan, 15/12/5356, 2i per cent. (£400), £IOO 12s 6d (2);Victory Loan, 15/2/55-58, 3 per cent. (£1100), "£IOO ss; Victory Loan. 15/4/5659, 3 per cent. (£700), £99 15s (2); Frankhn Power Board, 1/3/64, 41 per cent. (£400), £ll2 ss; Bank of Australasia (100). £9; Bank of New Zealand (200), Gd; Traders" Finance (cum) (100), 6s 9d; Dominion Breweries y00), 55s 6d; New Zealand- Breweries (100), 46s 9d; A.C.I.' (200), 58s Gd; Colonial Sugar (4), £SB 12s Gd; Hill and Plummer (60), 355; New Zealand Refrigerating (300), 15s 2d (2); Reid Rubber (100), 31s 3d; Reid Rubber (rights) (133), Bs, 6d; Sllknit (N.Z.), (200), 28s 6d (2); Woolworths (Syd.) (100), 245; Emperor '(50)/ 20s. WELLINGTON ". Sales.—Late "Monday: National Bank of New Zealand (200), 58s; Dominion Breweries (50), 55s 8d; New Zealand Paper Mills (90), 40s; Silknit (N.Z.) (250), 28s 6d; Wilson's Cement (4O0), 19s; Woolworths (N.Z.), "(250). ,24s 3d. Yesterday: I J??A, Stoek - 15/5/48. 21 per cent. (£400), £J223v In s: Stot *. 15/6/47-49, 2J per cent. (£2<K». £99 12s 6d: Westland Breweries (100), 32s 6d; National Insurance (200), 26s 6d; Bruce Woollen (cum) (100), 40s; Dominion Breweries 4100), 55s 6d; New Zealand Breweries (200). 46s 9d; AC I (cum div.) (200), 58s 6d; Reid Rubber fm 3f h !?J ii oo * l ' 31s 3d = M °unt LyeU (50), 26s 6d; Trade Credits (200), 10s. DUNEDIN - ~n s s i Reported.—National Insurance (100), 275; New Zealand Paper Mills (50K 40s; Bank of New Zealand (100). 50s; Mt. Morgan (200), 10s; Broken Hill Pty. (191). 47s 6d; Macdufls, Ltd. (pref.) (100). 275; Ins. Stock, December. 1953-56. 3 p.c. (£200), £IOO 10s; Ins. Stock. 1955-58,: 3 p.c. (£200), £IOO. . RABBITSKIN SALE "The Press "■ .special .Service

DUNEDIN. Oct. 30. Approximately 58 tons of rabbitskins were offered at to-day's;sale, The quality of the offering showed a decided falling off, and in consequence the demand w f.l n .°J so stron E Values as compared with the previous auction can be quoted lower as follows:—outgoing and snrine bucks, 3d to iod per. lb; Spring .does. 6d to 18d per lb; summers. milky and broken, par to 7d per lb A few lines of late season winters were offered,-and these realised up to 154 d per

Following is the official range of pricesvEß W i nt f r bu f?i IMd: best winter does 130 d; first spotted winter bucks. 144 d to 145d;> first spotted winter does. Il4d to 126 d; outgoing winter bucks. 130 d to 132doutgoing winter does, HBd to 123 d; first o Prir l e b^i£ s - Bsd t0 102<J : firs * spring does. 98d to io4d; second spring bucks. 81d to 85d: second spring sdoes. 94d to 96d; first milky, 95d; second milky. 79d to B6d- ! Umm ,5 rs - 77d to BGd : second broken. IOOd to 103 d; broken, 82d to 90d; first 3™!?**" £ lac H 100 J! d: winter blacks. 88d;first winter fawns, lOOd; second winter fawns, 7Gd; first hareskins. 60d; second hareskms. SOd; horsehair, 28ld to 33Jdb»^LIaJEe f . errets> 13s 17s 6d; second large ferrets, 4s 6d to 5s 6d; inferior 3d; first large white ferrets, 9s 9d to 12s Id; Recond large white ferrets. Is to 2sstoats. Is 6d to 8s 7d. COMPANY NEWS Felt and Textiles.—ln view of the heavy over-subscription of the issue of ordinary ? h^ es r Jy F , elt and Textiles of New Zealand, Ltd., the directors have decided that the most equitable method of allotting the available shares was to ballot among tie applicants for 1000 allotments of M f£K2? M ach ' The bal,ot conducted under, the supervision .of the comnanvv auditors-WLlberforce. Harden c2m! f 0 a ,"/' at T the office of the company yesterday. It was conducted on the basis iSL th » < L num £ er of a PPWcations received, and not on the number of shares applied I™', Successful appucants who had apl£{?»V 0, \ feW E r Ulan 50 shares were al- !£*£?. nly u the number of shares for which they had applied. The balance of IfhS S e f S W *% e,d over m the e ««l of «' and drawn f or as a separate parcel. If more than one application had of+«» r S e V rom one P ers °n one (FAV apphcatlons ranked in the ballot—