COMMERCIAL

Press, Volume LXXXIII, Issue 25246, 26 July 1947, Page 6

COMMERCIAL

STOCK EXCHANGES MARKETS FIRM AT LATE RATES Markets were firm at late rates on call on the Christchurch Stock Exchange yesterday, and there was a fair volume of diversified business. Few price variations Of note were recorded and in several sections no business took place. DOMINION TRANSACTIONS Sale* on 'Change

AUCKLAND Sales.—ls/2/55-58, 3 p.c. (£2300), £101; 15/11/57-60, 3 p.c. (£1110), £lOO 2s 6d; Thames Borough (£9O), 1/4/74, 3 p.c (£180), £80; Auckland Gas, perp. (£400), £9O; Comm. Bank of Aust. (300), 23s lid; N.Z. Breweries (£200), 57s 9d; Tooths Breweries (400), 75s 3d, and (142) 75s 6d; Pukemiro (200), 325; Taupiri Coal (106), 67s 6d. and (106) 68s 6d; N.Z. Insurance (150)/ £5 7s; Goldsbrough Mort, rights (52), 10s 2d: Devonport Ferry (100), 325; Bruce Woollep (500), 49s 6d; Feltex, Aust. (200), 60s 3d, and 2nd pref. (200) 325: Feltex. HZ. (350), 60s; Broken Hill Pty. (190), 51s; Dunlop, N.Z. (600), 9s lOd; Electro. Zinc, pref. (sff), 68s; G. J. Coles (50), 89s; McKendrick. pref. (200), 28s 6d; Silknit. N.Z. (300), 28s 6d; United Provisions (200), 18s 9d; Martha, ex capital return (100), 6s; Waihi Investments (£250), 5s 6d; Mount Lyell (200), 28s; Mount Morgan (100), 8s 9d. Unlisted: Hellabys, pref. (100), 275; Korma. pref. (500), 28s, and (150) 28s 3d.

WELLINGTON Sales.—Late Thursday: N.Z. Insurance, cum div. (100), £5 7s; United Provisions (200), 18s 9d Unlisted stock: Munt Cottrell (150), £2; Colonial Motor Co. (50), £2 3s. Yesterday: 2J p.c., 15/2/49-50 (£850), £100; 3 p.c., 15/2/55-58 ( 500). £101: 3 p.c., 15/12/53-56, several sales (£6000), £lOO 7s 6d; 3 p.c., 15/11/57-60 (£610). £lOO 2s 6d: Wellington Gas, ord., ex div. (100), £1 12s 6d; Goldsbrough. Mort, rights (100), 10s Id, and two sales, ex rights (500), £1 12s; Macduffs. Ltd., ord. (300). £2 3s 6d; Dunlop. N.Z., Ltdord. (600), 9s lOd; William Cable, ex rights (ICT)), £1 14s 9d. Unofficial list: Korma Textiles, pref. (200). £1 8s; Relax, Ltd., 5 p.c., non. cum. part pref. (300), £1 Is 6d. DUNEDIN Sale.—Macduffs. ord. (100), 445. Sales Reported.—3 p.c. Dec., '53-56 (£5000), £lOO 7s 6d: Huddart-Parker, pref. (400), 33s 6d; Goldsbrough, Mort, rights (114). 10s 2d: Mount Morgrn (100). 8s 9d; Broken Hill Pty. (100), 51s. QUOTATIONS £ s. d. £ s. d. Buyers. Sellers

OTHER EXCHANGES

SYDNEY Trading took a bright turn on the Svdney Stock Exchange yesterday. The volume of business expanded and sales at improved levels included a wide variety of shares. Sales.—Bank of New South Wales, £39Commercial of Sydney. £24 16s; Commercial Bank of Australia, 245; Bank of Adelaide. £7 8s; Howard Smith, 24s 9d; Burns Philp, 82s; Tooths, 75s 3d: Swan Brewery’ 41s; Mount Lyell, 28s IJd; Zinc Corporation, £6 19s; Electro. Zinc, 67s 6d; Broken Hill Pty., 51s; North Broken Hill, 70s; South Broken Hill, 35s 3d; Wellington 8s 9? ve '? p 'i £6 16s - OH Search,’ 8s 8d; A.C.1., 59s 9d; Associated News. 19s P re /; l d; Astral Gas. A and B, £7 12s 6d; Australian Iron and Steel 37sAnthony Hordern, 295; Aust. Paper, 37s 3d’ Amalgamated Textiles, 17s 9d; Bradford Cotton, 52s 9d; British Tobacco, 52s 3dColes, 86s 3d; Colonial Sugar £54 15s’ 2 u ste p ’ U d;^ F ?l mers * 48s - Felt and Textiles. 61s; Hadfields, Ils; Lustre. 41s 3dMark Foy. 48s; Mauri Bros., 945; Woolworths 24s 4id; W. R. Carpenter, 46s 9d; Yarra Falls, 53s 3d. MELBOURNE no Sa Jes.— Commercial Bank of Australia, 23s 9d; Commercial Bank of Sydney £24 17s; Goldsborough, Mort, 325; Associated Pulp, 33s 9d; Australasian Paper. 37s 2dAustralian Consolidated Industries, 59s 6d; Broken Hill Pty., 51s; British Tobacco, 525; Dunlop, 38s 6d; Electrolytic Zinc, 675; Felt and Textiles, 60s 3d; G J Coles, 86s, Henry Jones. 63s 3d; New Zealand Forest (pref.). Us; Yarra Falls i 53s 6d; Broken Hill South. 355; New Broken Hill, 425; Mount Lyell, 38s 3dEmperor. 18s; Laloma, 21s; Mount Morl gan, 8s sd; Oil Search. 9s.

£ s. d. Var'n. Nat. Bank of A/asia (£1 paid) (300) i 11 3 N.C. Gold. Mort, rights (176) 0 10 2 — Id Colonial Sugar (10) 55 12 6 N.C. Hadfields (200) 0 10 9 4- 3d W’lworths (200) 1 4 8 N.C. W. R. Cooke and Son (150) 0 6 6 4-2d Mount Lyell (200) 1 8 0 N.C. Sales Reported N.Z. Govt. 3 p.c. Stock, 1955-58 (£1000) 101 0 0 Gold. Mort, x.d., x.r., 363 1 12 0 N.C. Wright, Stephenson (150) 1 18 0 N.C. Huddart, Parker (pref.). (L.S.Y.) (200) 1 13 6 N.C. Bruce Woollens (L.S.Y.) (300) 2 9 5 — Id Bruce Woollens (100; 100) 2 9 6 N.C. Macduffs (L.S.Y.) (150) 2 3 6 N.C. Macduffs (300) 2 3 6 N.C.

2i pm. Ins.. 15/5/48 99 15 0 — 2} p.c Ins., 15/6/4749 99 5 0 — 2J p.c Ins., 15/2/4950 99 12 6 — 2i p.c. Ins., 15/4/4951 98 15 0 — 2J p.c. Ins., 15/4/5051 98 15 0 21 p.c. W.L., 1/10/53 98 5 0 3 p.c. Ins., 1/8/51-54 101 10 0 — 3 px. Ins., 15/2/55-58 —- 101 5 0 3 p.c. Ins., 15/11/57'60 100 0 0 3 p.c. Ins., 15/4/60-=, 63 100 0 0 100 10 0 3 p.c. Ins., 15/7/6163 —— 100 0 0 4 p.c. Ins., 15/6/5255 102 0 0 4 p.c. Ins., 31/5/5458 106 15 0 Liberty Bonds 1 2 6 — Wool Bonds, 1/2/48 1 1 9 — Banks— Adelaide —— 7 10 u Australasia . 13 5 0 • Com. of Aust., c.d. 1 3 0 1 3 10 Com. of Sydney .. 24 15 0 —— E., S., and A. — 7 19 0 Nat. of A’asia., «£1 1 11 3 12s 6d .. 0 19 10 N.S.W. 39 0 0 Union — 12 12 6 Breweries— Ballins, x rights .. 0 6 9 New Zealand 2 17 0 2 17 9 Swan 2 2 6 Tooheys —— 1 18 0 Tooths 3 17 0 Coal— Taupiri 3 4 0 —— Kaitangata — 1 13 0 Renown 0 17 0 Frozen MeatCanterbury — 16 0 0 Pref 8 7 6 Gear ., 1 12 3 N.Z. Refrig., £1 pd. 1 18 6 10s paid — 0 19 3 Nth. Cant’by., pref. 1 4 6 South Otago 7 10* 0 Waitaki 8 5 0 Gas— Christchurch, c.d. 1 6 0 1 7 0 10s paid. c.d. 0 13 0 Insurance— F.A.M.E. __ 1 8 0 F.A.M.E (pref.) .. 1 7 6 National — 1 9 0 New Zealand, c.d. 5 5 0 5 7 6 South British 4 18 0 Loan and AgencyGold. Mort. rts. .. 0 10 1 C J.CA, ord. 1 8 0 Pref 2 17 0 Ch.ch Building 22 5 0 Dalgety 11 0 0 11 15 0 Goldsbrough, Mort.. x.d., x.r. 1 11 10 — Mutual Benefit 19 10 0 Nat. Mortgage “A” 4 16 0 5 5 0 “B” 2 6 3 __ N.Z.F Co-op. 0 10 0 — "A” pref. 4 7 6 “B” pref. 4 6 6 41 p.c. Stk., ’55 .. 103 10 0 Wright, Steph., pf. 1 8 0 N.Z. Guar. Corpn. 0 5 7 N.Z.L. and M., ord. 118 0 0 135 0 0 Pref — 140 0 0 Perm Invest. 11 15 0 United Building .. 1 4 8 Wright, Steph. 1 18 3 W.F.C.A. (pref.) .. 1 1 0 ShippingNorthern 0 H 0 Huddart, Parker .. 3 7 0 Pref. —M 1 13 Woollens— Bruce 2 9 0 2 9 S Felt and Textiles 2 19 6 (N.Z.) 3 ~2 0 Kaiapoi, 17s pd. .. 1 9 9 1 10 Timaru 1 9 0 Miscellaneous— Aust. I. and S„ pf. 1 17 3 Beath and Co. 2 9 3 (is paid) 1 0 0 Booth, Macdonald 0 3 3 Pref. 0 13 2 Brit. Tobacco 2 12 3 Broken Hill Pty. 2 11 0 2 11 g Bulleid 1 0 6 Canty. Roller Flour 0 15 0 Claude Neon, N.Z. — 2 10 0 Colonial Sugar 55 15 0 Consolidated Brick 0 16 0 0 16 9 Dom Bldg. 0 8 3 Donaghy’s Rope .. 3 8 6 — D.I.C., 10s paid .. Dunlop Rubber .. 1 9 1 18 6 0 — Dunlop, N.Z. 0 10 0 Pref. 0 10 9 0 11 0 Elect?©. Zinc, ord. 3 7 0 Pref 3 7 0 Farmers’ Trad. 1 18 0 Fletcher Hold. 1 18 Pref. M1 16 G. J. Coles — 4 8 6 Greater Crystal 1 7 0 Jason Invest., rts. 0 11 0 Hadfields 0 10 9 0 11 0 Matches. N.Z. 0 10 0 Henry Jones 3 3 0 Hume Pipe (Aust.) 1 5 9 1 6 3 I.C.I.A.N.Z. (pf.) 1 8 3 K.D.V. Boxes 0 14 0 Mas. Struth., £1 pd. 1 5 0 14s paid — 0 17 6 10s paid 0 13 6 Matters (N.Z) — 1 9 0 McKendrick Bros. 1 15 0 M.K Mfrs. __ 0 13 0 Macduffs 2 3 0 2 4 0 Pref 1 9 2 McKenzies 3 8 6 N.Z. Forest Prod. 0 7 Q N.Z News. 2 12 6 Nth 1 . Roller, pref. 1 9 0 Quill Morris (1936) 2 2 6 Reid Rub., part pd. — 0 7 Radio (1936), rts. ___ 0 6 Q Reid Rubber 1 6 9 1 7 3 (1945, N.F.P.) .. 1 6 6 Selfridges 2 ~5 0 Standard Cement .. — 1 5 Weeks 12 15 0 Whit, and Tombs 8 0 0 8 10 0 Wilsons Cement .. 0 18 9 W’wths. (ord.) 1 4 6 1 4 8 (N.Z.), ord. 1 12 0 W. R Cooke and Son 0 6 5 __ Overseas Listings— W’wths. (S.A.) .. Ma. 2 8 o Aust. Mining— Mount Lyell Mount Morgan ,. 1 8 0 8 0 0 1 8 3 Mining— Arahura 1 9 6 Austral (N.Z.) 0 9 0 Barrytown 0 17 o Blackwater 0 12 o Grey River 0 9 0 0 9 Kanieri o UNLISTED STOCKS Amalg. Batt. 1 0 0 Pref. 1 0 0 Dom. Life (6s pd.) 0 11 Ch’ch. Press 13 ~7 6 Korma Tex., pf. .. 1 6 3 1 8 o Mt Cook Tours 0 10 0

Buyers. £ s. d. Sellers. £ s. d. N.Z. Fisheries 0 18 0 Reece. Lt<3., E. (pf.) 0 12 9 Scales *'C” pf. 0 5 6 Self ridges (W.A.) 10 0 1 2 0 Taramakau, 5s pd. 0 5 3 Williamson Jeftery 1 12 6 Whakatane Paper — 0 8 3