COMMERCIAL

Press, Volume LXXXII, Issue 24820, 9 March 1946, Page 8

COMMERCIAL

STOCK EXCHANGES MARKETS FIRM BUT QUIET Firm but queiter conditions prevailed on the Christchurch Stock Exchange yesterday, and the recorded turnover was restricted to a few stocks. The following transactions were recorded:— Sales on ’Change.—Listed stocks: £BB5 3 per cent. Stock, 1957-60, £lOO 7s 6d; £2OO 3 per cent. Victory Loan, 1955-50, £99 12s 6d. Sales Reported.—Listed stocks: 25 Commercial Bank of Australia (pref.), £ll 2s 6d; 25 Commercial Bank of Australia (pref.), £ll 2s 6d; 200 Tooths Brewery, 58s; 200 Wilson’s Cement (late sale Thursday), 19s 4d; 200 Broken Hill South. 32s 3d.

LATEST QUOTATIONS N.Z. Govt. Debentures.—3 p.c. Inscr., 1957-60, b. £lOO 7s 6d, s. £lOO 10s; 2j p.c. Inscr., 1946, b. £lOO ss; 2J p.c. Inscr., 1947. b. £100; 2i p.c. Inscr., 1947-49, b. £99 15s, s. £100; 2J p.c. Victory Loan, 1950-51, b. £99 7s 6d; 2J p.c. War Loan, 1953, s. £9B 10s; 3 p.c. Inscr., 1946-48, b. £101; 3 p.c. Inscr., 1951-54, b. £100; 3 p.c. Inscr., 1952-55. b. £lOO 17s 6d, s. £lOl ss; 3 p.C. Inscr., May, 1953-56, s. £lOO 10s; 3 p.c. Victory Loan, 1955-58, b. £99 12s 6d, s. £99 17s 6d; 3 p.c. Victory Loan, 1956-59, s. £lOO 10s; 3 p.c. Inscr., 1960-63, s. £lOO 12s 6d; 3J p.c. Inscr., 1956-59, s. £lOl 17s 6d; 34 p.c. Inscr., 1957-60, b. £lO2, s. £103; 3J p.e. Inscr., 1953-57, s. £lO3 7s 6d; 3J p.c. Inscr., 1960, b. £103; Liberty Bonds, b. £1 Is 6d, s. £1 2s; Wool Bonds, 1/2/48. b. £1 Is 3d; Wool Bonds, 1/2/49, b. £1 Is. Banks.—Comm, of Aust., s. £1 0s 2d; Comm, of Aust, (pref.), b. £ll 2s 6d, s. £ll ss; Comm, of Sydney, b. £22; E., S., and A., b. £5 2s; National of N.Z., b. £2 16s, s. £2 17s; New South Wales, b. £36. Insurance.—National, s. £1 8s; New Zealand, b. £5, s. £5 4s; South British, s. £4 13s.

Loan and Agency.—Christchurch Building, b. £2l 12s 6d; Dalgety and Co., b. £9 7s 6d; Goldsbrough, Mort, b. £1 Us 3d; Invincible Building, b. £5 ss; Mutual Benefit, b. £l9 12s 6d; National Mort. A. b. £3 15s 3d; National Mort. B, b. £2 Is; N.Z. Guarantee Corpn., b. 4s 6d, s. 4s 9d; N.Z. Loan and Merc, (ord stock), s. £BO 10s; N.Z. Loan and Merc, (pref.), b. £IU: United Building, b. £1 ss. Shipping.—P. and O. Deferred Stock, s £3 7s.

Frozen Meat.—Canterbury, b. £l5 10s; Canterbury (pref.), b. £8 10s; N.Z. Refrig. (£1 paid), b. £1 13s; N.Z. Refrig. (10s paid), b. 15s 8d; Southland (pref.), b. £3. Woollens.—Bruce, b. £1 18s, s. £1 19s; Kaiapoi (17s paid), b. £1 5s Id; Kaiapoi (con., fully paid), b. £1 5s 2d; Manawatu, b. £2 12s; Oamaru, b. £1 Ils 6d, s. £1 14s 6d; Timaru, b. £1 2s; Wellington, b. £10: Wellington (pref.), b. £lO. Coal.—Kaitangata, s. £1 5s 6d; Westport, b. £1 6s, s. £1 6s 6d. Gas.—Christchurch (10s paid), b. 12s 90, s. 13s. Breweries.—Ballins, b. £1 3s 6d, s. £1 4s 6d; Dunedin, b. £1 10s; New Zealand, b. £2 9s Id, s. £2 9s 6d; Swan, b. £1 9s; Tooheys, b. £1 14s 3d, s. £2; Tooths, b. £3 7s 6d; Westland, b. £1 16s. Miscellaneous. —Alloy Steel, b. £2 Ils; Andersons (pref.), b. £1 4s 6d; Aust. Found. Invest., b. 5s 6d; Beath and Co. (cum div.), b. £2 0s 3d, s. £2 2s; Booth. Macdonald, b. Is lid, s. 2s sd; Booth, xMacdonald (pref.), b. Ils 3d, s. Ils 9d; British Tobacco (ex div.), b. £2 13s 6d. s. £2 14s; Broken Hill Pty., s. £2 6s 9d; C. b. £1 4s 6d; C.F.C.A. (pref.), b. £2 9s; Cant. Roller Flour, s. 16s; Colonial Sugar, b. £6O. s. £6O 12s 6d; Con. Brick, s 10s 9d; Dental and Medical, b. £1 8s; D. (pref.), b. £1 8s 3d; Electro. Zinc, b £3 2s 6d; Electro. Zinc (pref.), s. £3 4s 3d; Fletcher Holdings, s. £1 16s; Frozen Products, b. £1 83; Hadfields, b. 10s 9d; Hay’s, Ltd. (con.), b. £2 10s; Henry Jones, s. £3; Herald and Weekly, b. £3 10s; 1.C.1., Aust, and N.Z. (pref.), b. £1 7s; Morris, Hedstrom, b. £2 12s 6d; Morts Dock. b. £1 Ils; Maqduffs, s. 17s 9d; Macduffs (pref., cum div.), s. £1 8s 6d; N.Z Farmers’ Co-op. (B pref.), b. £3 14s 6d; N.Z. Farmers’ Co-op. (4J per cent. Stock, 1955). b. £lOO 10s; N.Z. Farm. Fertiliser, b. £1 7s 9d; N.Z. Farm. Fertiliser (pref.), b £1 8s; N.Z. Newspapers, b. £2 7s; N.Z. Paper Mills, b. £2 Is; Otago Daily Times, b £2 13s; Quill, Morris, b. £1 Ils; Reid N.Z. Rubber, b. £1 12s 10d; Reid N.Z. Rubber (con.), s. 16s 3d; Simpson and Williams, b. £2 16s; Taringamutu-Totara Timber, s. £1 Is; Weeks, b. £l2; Whitcombe and Tombs, b. £7 15s, s. £8 2s 6d; Wilson’s Cement, s. 19s 6d; Wool worths (Svdney) (ord., cum div.), s. £1 6s; Woolworths (N.Z.). s. £1 5s 6d: W. R. Cooke and Son, b. 4s. s. 5s 6d.

Overseas Listings.—Wool worths ( South Africa), b. £1 18s, s. £2 2s. Australian Mining.—Broken Hill South, b. £1 11s 9d, s. £1 12s 6d; Bulolo, s. £8 ss; Emperor Fiji, s. 18s 3d; Mount Lyell, s. £1 5s 3d; Mount Morgan, b. Bs, s. 9s. N.Z. Mining.—Austral-N.Z., b. 10s, 3. 15s; Big River, b. sd; Grey River, b. Ils 3d, s. 12s; Ngahere (deferred), b. 3s 6d; Snowy River, b. 6s Id, s. 6s lid. Unofficial List.—Amalgamated Batteries, b. 20s; Amalg. Batteries (pref.), b. 20s; Ass. Mot. Pet. (pref.), b. 245; Felt and Textiles of N.Z., s 465; Prudential Building, b. 20s; Scales C (pref.), b 3s, s. 4s Ud; Selfridges (con ), b. 13s 2d, s. 14s 2d; Taramakau (5s paid), b. 5s 6d. s. 6s; Turnbull and Jones, b. 19s 9d, s. 21s; Victoria Mansions, b. 20s 3d; Whakatane Paper, b. ss, s. 5s 9d; Whakatane Paper (pref.), b. SOb.

AUCKLAND Sales.—Liberty Loan, 15/6/47-49, 2j per cent. (£3030), £99 12s 6d; Liberty Loan. 15/9/52-55, 3 per cent. (£500), £lOO 17s 6d; Liberty Loan, 15/5/53-56, 3 per cent. (£500), £lOO 7s 6d; Liberty Loan. 15/12/53-56, 3 per cent. (£2000), £lOO 2s 6d; Victory Loan, 15/2/55-58, 3 per cent. (£3000), £99 12s 6d; Victory Loan, J5/4/56-59, 3 per cent. (*£4000), £lOO 10s; Stock (Bank New Zealand),' 15/11/57-60, 3 per cent. (£5625), £lOO 7s Qd; N.Z. Government Stock, 22/5/60, 34 per cent. (£500), £lO3 10s; N.Z. Govt. Stock. 15/6/52-55. 4 per cent. (£815), £lO5 17s 6d; National Savings, 12/9/49 (£100), £99 15s; Franklin Electric Power Board. 2/8/63, 44 per cent. (£200), £ll2 ss; Auckland Gas Perp. Deb. (£100), £BB 10s; Commercial Bank of Australia (650), 20s 2d; E., S., and A. Bank (100), £5 3s; Queensland Insurance (200), 88s 6d; Goldsbrough, Mort (115), 31s; Northern Steam (100), 12s; Bruce Wool (200), 395; Toohey’s Brewery (100), 355; Tooths Brewery (200). 68s; Colonial Sugar (7), £6O ss; Electro Zinc (100), 635; Reid Rubber (200), 335; Silknit, N.Z. (200), 345; Martha (800), 9s 4d; Mount Lyell (160), 25s 3d. Unlisted stock; Turnbull and Jones (ord.) (con.) (200), 20s. WELLINGTON Sales.—Late Thursday: Bank of New South Wales. £36; Silknit (N.Z.), Ltd., £1 14s. Yesterday: N.Z. Govt. 3 per cent. Stock, 15/2/55-58, £99 12s 6d; 3 per cent. Stock. 15/9/52-55, £lOO 17s 6d; National Savings Bonds. 27/2/47, 19s 3d; Tooth and Company, £3 8s; Hume Pipe. £1 2s 10dN.Z. ’Government 2J per cent. Stock, 1.1/2/49-50, £99; 3 per cent. Stock, 15/4/6063, £lOO 5s (3 sales); 3 per dent Stock. 15/2/55-58, £99 12s 6d; 3 per cent. Stock 15/4/56-59, £lOO 10s; Felt and Textiles of Aust., £2 18s; Silknit (N.Z.), Ltd., £1 14s: Reid Rubber, £1 13s. DUNEDIN Sales.—National Insurance (200), 28s (two sales); Felt and Textiles of New Zealand (unlisted) (50), 465. Sales reported: Morris, Hedstroin (100), 55sMartha Gold (200), 9s 4d; National Insurance (150), 28s: D.I.C. (ord.) (100). 25s 6d; Otago Daily Times (75), 53s 9d. MINING Rimu Gold Dredging Company, Ltd.—lhe return from February 19 to March or 3 ??- 8 crud e ounces of gold from 85,396 cubic yards, excavated In 259 hours 58 minutes. The return for the month of February was 721.63 ounces from 172.200 yards m 510 hours.