COMMERCIAL

Press, Volume LXXXII, Issue 24801, 15 February 1946, Page 6

COMMERCIAL

STOCK EXCHANGES HEAVIER TRADING IN LOANS Although there was no marked activity in any particular stock, the volume of business done on the Christchurch Stock Exchange yesterday showed an increase, because of heavier trading in Government loans. Several stocks showed marked price improvement. Transactions were as follows: Sales on 'Change—Listed Stocks: £240 3 p.c. Stock, 1957-60, £100; £750 3 p.c. Victory Loan, 1955-58, £101; £2OO 3 p.c. Victory Loan, 1955-58, £101; £2OO 3 px. Victory Loan, 1955-58, £101; 51 Union Bank of Australia, £9; 100 Reid N,Z. Rubber, 335; 100 Wilson’s Cement, 19s 9d; 100 Wilson’s Cement, 19s 9d. Sales on 'Change—Unlisted Stocks: 50 Felt and Textiles of N.Z., 425. Sales Reported.—Listed Stocks: £5OOO N.Z. Govt. p.c. Stock, 1957-60, £103; £2OO Commercial Bank of Australia (ord.), 19s 8d; 60 Union Bank of Australia (late sale Wednesday), £9; 50 New Zealand Insurance. £5 7s 6d; 50 New Zealand Insurance, £5 7s 6d; 200 New Zealand Refrigerating (10s paid), 15s 6d; 100 Amalgamated Wireless, 80s; 100 Fletcher Holdings, 34s lOd Latest Quotations N.Z. Govt. Debentures: 3 p.c. Inscr., 1957-60, b. £lOO, s. £lOO ss; 2»/ a p.c. Inscr., 1947, b. £lOO 2s 6d. s. £lOO 7s 6d; 21 p.c. Vic. Loan, 1949-50, b. £99 12s 6d; 3 6 C - Vic- Loan, 1955-58, b. £lOO 15s; Wool ands, 1/2/48, £1 Is;. Wool Bonds (1/2/49), b. J£l -Qs Bd. Banks: Comm, of Aust., b. 19s 6d; E., S„ and A., s. £5 Is: Nat. of N.Z., b. £2 17s, s. £2 18s. Insurance: New Zealand, b. £5 7s 6d; South British, b. £4 14s. Loan and Agency: Christchurch Building, b. £2l 12s 6d; Dalgety and Co., b. £9 7s 6d; Mutual Benefit, b. £l9 ss; N.Z. Guarantee Corps., P- N ’?A„ Loan I Merc - (ord. stock), b. £7B, s. £B4. Shipping: Huddart Parker (pref., cum div.), b. £1 12s 9d. Frozen Refr >B- (£1 paid), b. £1 12s; N.Z. Refrig (10s paid), b. 15s sd, s. 15s 9d; Southland (ex div.), b. £2 18s 6d; Southland (pref.) (ex div.), b. £2 18s 6d. Woollens: Kaiapoi (17s paid), b. £1 4s 3d; Kaiapoi (contr., fully paid), b. £1 4s; Kaiapoi (pref.), b. £1 6s; Oamaru, b. £1 Ils 9d; Timaru, b. £1 2s. Coal: Westport, b. £1 6s. Gas: Christchurch (ex 5s 9d « s - 6s « d : Timaru. b. 16s 9d. Breweries: Ballins, b. £1 2s; New Zealand, b. £2 9s 9d, s. £2 10s 3d; Tooths, b £3 7s. Miscellaneous: Amalg. Wireless, b. £3 19s 6d, s. £4 Is; Beath and Co b. £1 16s 6d; Bboth, Macdonald (pref.), b. 10s 7d; Brpken Hill Pty., b. £2 7s 6d; Claude Neon, b. £2 4s 6d; Donaghy Rope, b. £3 12s; Dunlop Rubber, b. £1 2 s - s - 10s; Electro. Zinc (pref.), b. £3 3s o 6d, s. £3 4s 3d; Fletcher Holdings, b. £1 14s Bd, s. £1 15s; Greater Crystal b. £1 4s lOd, s. £1 7a; Howard Smith, b. £1 6s 6d; 1.C.1. Aust, and N.Z. < o P o^ f ) X 7s 3d; McLeod Bros., b. £25; Quill, Morris (cum div. and ex 17s ®d; Whitcombe and Tombs, b. £7 17s 6d, s. £8 10s; Wilsons Cement, b. 19s Bd, s. 19s lOd; Woolworths Properties, b. £1 10s. N.Z. Mining: Grey River, b. 10s 9d, s. Ils 6d.

AUCKLAND 1/10/53, 2J per cent. (£1070), £9B ss; Liberty Loan, 15/6/47-49, 2i per cent. (£500), £99 10s; Bank of New Zealand Stock, 15/11/57-60, 3 per cent. (£265), £100; Ins. Stock, 15/6/52-55, 4 per cent. (£200), £lO5 10s; Newmarket Borough, 1/4/64, 44 per cent. (£200), £114: Commercial Bank of Australia (100), 19s 10d; National Bank of N.Z. (267), 58s; N.Z. Insurance (250), £5 7s 6d; South British (50), 955; Pukemiro Coal (485), 18s 6d; Northern Steam (593), Ils 6d; Union Steam (pref.) (100), 335; Dominion Breweries (200), 635; New Zealand Breweries (150), 50s 3d; N.Z. Breweries (350), 50s; A.C.I. (100), 58s; Consolidated Brick (150), 10s 7d; Fletcher Holdings (500), 355; N.Z. Paper Mills (96), 41s; N.Z. Refrigerating (con.) (200), 15s 3d; Wilson’s Cement (200), 19s 6d; Big River (1000), 54d; Emperor (1100), 17s 6d; North Broken Hill (50), 60s 6d; North Broken Hill (100), 60s 3d. Unlisted: Felt and Textiles of N.Z. (50), 41s 6d; Gisborne Farmers’ Freezing (750), Is; HMlabys (ord.) (150), 51s. WELLINGTON Sales.—Late Wednesday: Ins. Stock, 15/11/57-60, 3 per cent. (£1000), £100; Ins. Stock, 15/11/57-60, 3 per cent. (£3125), £100; Tui Brewery (100), 455; Hay’s, Ltd. (100), 59s 3d; G. J. Coles (100), 81s. Yesterday: Ins. Stock, 15/11/57-60, 3 per cent. (£2805), £100; Tui Brewery (150), 455; Broken Hill Pty. (100), 47s 6d; Ins. Stock, 15/2/49-50, 2J per cent. (£260), £99 15s; Ins. Stock, 15/11/57-60, 3 per cent. (£250), £100; Fletcher Holdings (500), 355. DUNEDIN Sales on 'Change.—Woolworths, Ltd. (300), 26s 9d. Sales reported:_ New Zealand Breweries (200), 50s; 'Woolworths, Ltd. (800), 26s 9d; North Broken Hill (100), 60s 3d. COMPANY NEWS Napier Gas.—The directors of the Napier Gas Company, Ltd., have, recommended a dividend for the year of 5 per cent, per annum on preference shares and 1J per cent, per annum on ordinary shares, less social and national security taxes. —(P.A.).