COMMERCIAL

Press, Volume LXXXIII, Issue 25089, 22 January 1947, Page 8

COMMERCIAL

STOCK EXCHANGES ACTIVITY IN DUNLOP ISSUES Dunlop (New’ Zealand) ordinary and preference stock maintained recent prices on the Christchurch Stock Exchange yesterday. Dunlop Australia were quoted higher with a reported .sale of 150 shares at 34s 3d. Thirty-five Union Bank shares changed hands at an increased price of £l2 9s, but Dalgety’s eased 2s 6d to £lO ss. Both issues of Felt and Textiles were dealt in, but the Australasian Stock was 6d lower than a previous reported sale at 61s 6d. A sale of 200 Mount Morgan shares at 8s was the first this year, and 3d above the last sale in December. DOMINION TRANSACTIONS Christchurch Sales £ s. d. U.B.A. (15 and 20) .. .. 12 9 0 Dalgetys (25) .. .. 10 5 0 Felts. N.Z. (100) .. .. 3 0 Felts, Aust. (100) .. .. 3 10 B.H.P. (50) .. .. .. 2 7 3 Dunlop, N.Z., ord. (700, 8 lots) 0 7 2 Dunlop N.Z., pref. (200; 100) .. 0 7 1 Morgans (200) .. .. 0 8 0 Austral N.Z. (300) .. .. 0 12 9 Sales Reported 3 p.c. Dec. 1953-56 (£300; £310) 100 5 0 Natl. Sav., Sept., 1949 (£290) .. 1 1 0 B. N.S.W. (c.d.) (5) .. .. 40 10 0 Felts (Aust.) (200) .. 311 6 Kaiapoi, f.p. (221) .. 17 0 Dunlop (Aust.) (150) .. 1 14 3 Kauri Timber (100) .. • 1 13 0 Auckland Sales.—N.Z. Government Stock, 15/9/5760, 34 per cent. (£1250), £lO2 15s; National Bank o£ New Zealand (100), 70s; Bank of New South Wales (25), £4O 10s; Newton King (pref.) (100), 26s IJd: Devon port Ferry (100), 28s 6d; Northern Steam (con.) (750), 3s 3d; Taupo Totara (pref.) (300), 12s; Felt and Textiles (100), 61s 6d; Kaiapoi (221), 275; Ballins (300), 34s 9d; Booth, Mac. (pref.) (200), 12s; Brents (127), 49s 9d; Dunlop, N.Z. (250), 7s 4d, pref. (675), 7s; Farmers’ Trading (A pref.) (500), 28s 6d; G. J. Coles (50), 89s 6d; Martha (500), 7s. Unlisted: Auckland Farmers’ Freezing (100), 265. Wellington Sales.—Late Monday: N.Z. Insurance (cum div.) (400), £4 19s 6d; Ballins Breweries (ex div. (100), £1 14s 9d; Jas. J. Niven and Co. (200), £1 14s, (200) £1 14sc; Wilson’s Cement (800), 18s lid (150) 19s. Yesterday: N.Z. Government 3J per cent. Stock, 15/1/53-57 (£200), £lO2 ss; N.Z. Insurance (cum div.) (100), £4 19s 6d; Dalgety and Co. (35), £lO 7s 6d; 2| per cent. Stock, 15/5/48 (£1000), £99 ss; 3 per cent. Stock, 15/4/60-63 (£550), £lOO ss; 3 per cent. Stock. 15/12/53-56 (£300), £lOO ss, (£200), £lOO ss; 3 per cent. Stock, 15/4/56-59 (£400), £lOO 7s 6d; Union Bank of Aust, (ex div.) (16), £l2 6s; Newton King (pf.) (100), £1 6s; N.Z. Insurance (cum div.) (200, 3 sales), £4 19s 6d; Ballins Breweries (ex div.) (200), £1 14s 9d; Dunlopt N.Z., Ltd. (pref.) (250), 7s Id; Wm. Cable (ord.) (100), £2 ss; Woolworths (N.Z.), Ltd. (200), £1 7s 7d; 4 per cent. Stock, 31/11/48 (£1000). £lO2 ss. Dunedin Sates.—Dunlop (N.Z.) (50), 7s 3d; Wool Bonds, 1949 (£55), 21s 4d; Macduffs (pref.) (100), 28s. Sales Reported.— Union Bank (35), £l2 9s 6d (two sales); N.Z. Refrigerating (300). 17s 7d (late Monday); Dunlop (N.Z.), pref. (300), 7s Id (two sales); Mt. Morgan (200), 8s; K.P.N.Z. Drugs (odd lot) (37), £5 8s 6d; N.Z. Govt. 3 p.c. Stock. 1955-58 (£250). £101; Westport Coal (100), 33s 4d.

Sydney Attributes of a normal market wen displayed on the Sydney Stock Exchange yesterday when a wide range of share: changed hands at fluctuating prices. Since the controls were entirely removed or Monday some shares have tended to edg< back while others have forged ahead, bu the general trend yesterday was toward: weakening.

Sales.—Bank of New South Wales, £4O: National (£5 paid), £7 16s: Queensland National. £6 12s; Union Bank, £l2 ss; Bank of Australasia, £l3 10s; Austral Gas, A, £7 10s; Associated News., 20s; Adelaide Steam, 345; Tooths, 73s 3d; Queensland Brewery, 35s 9d; Woolworths, 27s 3d; Self ridges, 39s 9d; Mark Foy, 42s 6d; Farmers, 47s 3d; David Jones, 53s 6d; Anthony Hordern (prefJ. 28s 9d; Kandos, 435; Bradford Cotton, 535; British Tobacco. 53s 6d; A.C.1., 52s 9d; General Industries. 28s 3d; Felt and Textiles, 575; Amalgamated Textiles, 14s lid; Wilcox Mofflin, 16s 6d; Electro. Zinc, 655; Zinc Corporation, £6 2s; New Broken Hill, 40s

MINING Mining Quotations.—Mining quotations in London are:—Broken Hill North. 56s 3dBroken Hill South, 27s 3d; Zinc Corporation. £5 Is; New Broken Hill, 33s 9d. Austral N.Z.—Austral-New Zealand Mining advise that for the 28 davs ended January 18 operations for 344 hours produced 5460 z of bullion from 247.000 yards.

6d. QUOTATIONS Buyers. Sellers. £ d. £ s. d. N.Z. Government— 24 p.c., 15/9/47 —— 100 15 0 2J p.c., 15/6/47-49 .. 99 2 6 — 2J p.c., 15/4/50-51 .. — 99 2 6 2J p.C., 1/10/53 — 98 5 0 3 p.c.. 15/9/46-48 .. ■ 101 0 0 3 p.c. Bds. 15/9/52-55 — 101 5 0 3 p.c., 15/5/53-56 .. —— 100 12 6 3 p.c., 15/12/53-56 .. 100 5 0 — 3 p.C., 15/2/55-58 .. 101 0 0 — 3 p.c., 15/4/56-59 .. 100 5 0 — 3 p.c., 15/11/57-60 100 5 0 — 3 p.c., 15/4 60-63 .. — 100 10 0 31 p.c., 15/9/57-60 .. — 103 0 0 4 p.c., 15/5/49-52 .. —— 103 5 0 4 p.c., 15/6/52-55 .. 104 7 6 — 4 p.c., 31/5/54-58 . 106 6 — Liberty Bonds 1 2 1 — Wool Bonds 1/2/48 1 1 10 — Banks— Australasia 13 7 6 13 15 0 Comm, of Aust, (c.d.) 1 3 7 Comm, of Aust, (pf.) (cum div.) — 11 15 0 Comm, of Sydney (ex div.) — 28 0 0 E.. S. and A. — 8 5 0 Natl, of A'sia. (£5) 8 0 0 8 2 6 Natl, of N.Z. 3 10 3 — N.S.W. (cum div.) 40 7 6 40 10 0 Union — 12 10 0 Insurance— F.A.M.E. (pref.) .. 1 5 0 — Loan and Agency— W.F.C.A. (ord.) .. 0 2 8 —— (pref.) — 0 8 C.F.C.A. (pref.) .. 2 13 0 — Dalgety 10 5 0 10 0 Goldbr.’ Mort. 1 14 6 — N.Z.F. Co-op.— (10s pd.) 0 9 0 — (1st pref.) 6 7 6 — (44 p.c. Stk.. 1955) 102 5 0 — N.Z. Guar. Corpn. 0 5 0 0 5 1 Loan and Merc. (ord.) 118 0 0 125 0 0 (pref.) 132 0 0 — Wright, Steph. .. 1 18 6 — Shipping— P. and O. 4 14 9 — Union (pref.) 1 13 6 — Woollens— _ Bonds 3 0 0 — Bruce 2 4 6 - Felt and Text. — 3 2 0 of N.Z. .« 3 9 0 Kaiapoi (17s pd.) .. 6 9 — Oamaru 1 15 0 — Frozen Meat— Canty, (pref.) 8 10 0 8 12 6 N.Z. Ref. (£1 pd.) 1 14 3 — (10s pd.) 0 17 7 — Coal— Kaitangata — 1 6 6 Renown 0 10 6 — Westport 13 0 — Taupiri .. 1 15 6 —— Gas— Chch. (10s pd.) .. — 0 13 3 Breweries— Ballins 1 14 9 — New Zealand — 2 18 6 Queensland 17 3 1 18 6 Westland 2 2 0 2 4 0 Miscellaneous— Alloy Steel (N.Z.) 2 15 0 — Aust Found. Invest. — 0 6 6 Aust. Iron and Steel (pref.) 1 17 0 — Beath and Co. (Is pd.) —. 0 14 6 Booth. Macdonald 0 2 10 — Brit. Tobacco — 2 17 0 Brok. Hill Pty. .. __ 2 7 6 Burns. Philp 3 14 0 —. Claude Neon, N.Z. 2 8 0 2 11 0 Col. Sugar 54 17 6 56 10 0 Consol. Brick 0 15 0 0 15 5 David Jones 2 15 0 2 17 6 Dom. Fert. — 8 6 Donaghy’s Rope .. — 3 9 0 Dunlop N.Z. 0 7 1 0 7 2 (pref.) — 0 7 1 Dunlop Rubber .. 1 14 3 14 6 Electro. Zinc (ord.) —. 3 10 0 (pref.) — 3 10 0 G. J. Coles (ex div.) 4 fl 9 4 10 0 Hay’s. Ltd (15s pd.) — 2 15 0 Hume Pipe 1 3 0 I.C.I. (pf.). ex div. 1 6 6 Kauri Timber 1 12 6 —. Mason. Struthers (£1 paid) 1 5 0 Milburn Lime 1 16 0 — McLeod Bros. 31 5 0 M.K Manuf. 0 11 6 Morts Dock 5 6 —. Macduffs 1 9 0 12 0 (pref.) —— 1 8 6 McKenzies .. 3 5 0 N.Z. Drug 5 8 6 Forest Prod. — 0 5 4 Reid (contr.) — 0 8 8 Selfridges 2 8 Silknit 1 10 9 Taupo Tot. Timb. — 0 15 6 Whit, and Tombs 8 7 6 8 14 0 Wilcox Mofflin — 0 19 6 Wm. Cable 2 5 0 2 5 9 Woolworths (ord.) —— 1 9 0 (N.Z.) ord. — 8 0 Prop. — 1 13 0 (W.A.) — 6 10 0 W. R. Cooke — 0 16 0 Turn. Jones (10s pd , pref.) — 0 15 6 Overseas Listings— Woolworths (S. Af.' 2 3 0 2 9 0 Rhod. Ang.-Am. 1 14 6