COMMERCIAL

Press, Volume LXXXIII, Issue 25250, 31 July 1947, Page 8

COMMERCIAL

STOCK EXCHANGES MODERATE TURNOVER There was a moderate turnover on the, Christchurch Stock Exchange yesterday, with the bulk of the dealings in Woolworths, Ltd., which were weaker. Other prices generally were well maintained, and except for' Dunlop Rubber, which were 9d down, there were few variations on Tuesday’s prices. DOMINION TRANSACTIONS CHRISTCHURCH

AUCKLAND Sales.—lns. Stock, 15/5/53-56, 3 per cent. (£300), £lOO 10s; * 15/4/60-63, 3 per cent. (£400). £lOO 7s 6d; 15/9/57-60, 3] per cent. (£290), £lO2 17s 6d; 15/6/52-55, 4 per cent. (£350), £lO4 12s 6d; Bank of New South Wales (5). £39; Dominion Breweries (450), 75s 6d; New Zealand Breweries (200), 57s 7d; Pukemiro (300), 325; Renown (205), 18s; Taupiri (100), 70s: NJZ. Insurance (50), £5 5s 3d; North Auckland Farmers, B pref. (50), 17s 9d; Felt and Textiles, Aust. (100), 61s 9d; Felt and Textiles. N.Z. (150), 60s; Berlei (N.Z.) (75), £6; B.H. Pty. (800), 51s 9d and (200), 51s 6d; Brown Ewing (50), 47s 6d; Colonial Sugar (10), £55 10s; Consolidated Brick (200), 16s; Dunlop. N.Z. (pref.), (250), Ils; Farmers’ Trading* (250), 38s 9d; Electro./Zinc (pref.) (50), 68s; Fletchers (200), 38s 3d; McKendrick’s. pref. (100), 28s 9d; M.K. Manufacturers (466), 13s; Forest • Products (200), 7s 6d; Reid Rubber (100), 27s 3d; Silknit, N.Z. (100), 295; Wm. Cable (100), 34s 3d, and rights (100), 7s; Wilson s Cement (300), 18s lid; Woolworths, Sydney (100), 24s 8d; Waihi Invest. (200), 5s 6d. Unlisted: Hellabys (150), 62s 6d.

WELLINGTON Sales.—Late Tuesday: 3 per cent., 15/12/53-56 (£10,000), £lOO 7s 6d; Hume Pipe (200), £1 6s IJd; Berlei, N.Z., Ltd. (75). £6; William ;Cable, rights (100). 7s; Northern Roller (500), £1 10s 9d; G. J. Coles and Co., ex div. (50), £4 9s. Sales yesterday: 2J per cent., 15/6/47-49 (£500), £99 10s: 2j per cent., 15/2/49-50 (£200), £100; 2 J per cent., 1/10/53 (£7000), £9B 10s; William Cable, rights (100), 7s; Wool worths, Ltd. (250), £1 4s 9d; 2J per cent., 15/4/50-51 (£500), £99 ss; N.Z. Breweries, two sales (300), £2 17s 9d; South British Insurance (50), £4 15s 6d; W.F.C.A. (pref.) (100), £1 Is 6d; Dunlop N.Z., Ltd., pTef. (350), Ils, and ordinary (100), 9s ICd; G. J. Coles and Co., ex div. (200), £4 8s; Macduffs, Ltd. (100), £2 4s, and (200), £2 4s 6d; Colonial Sugar (10), £55 12s 6d; Booth, Macdonald, ord. (100), 3s 4d; William Cable, rights (100), 7s; Waihi Investments (200), 5s 6d. DUNEDIN Sales.—Woolworths (1O0), 24s 6d. Sales reported: Regent Theatre (100), 255; Broken Hill Pty. (300), 51s 6d; Hadfield steel (100), Ils; Oil Search (200), 9s lOd; Standard Insurance (250), 96s 6d; Bank of N.S.W. (5), £39. »

OTHER EXCHANGES SYDNEY The Sydney share market Was not unduly affected yesterday by falls reported -to have occurred on the London and New York exchanges. A slight weakness appeared in several leading industrials, but there was no tendency towards heavy selling. Sales.—Bank of New South Wales, £39; Commerical Bank of Sydney, £24 15s: Bank of Australasia, £l2 14s; Tooths, 74s 6d; Tooheys. 37s 6d; Goldsbrough, Mort, 325; Wilcox, Moffliq, 17s 6d; Mount Morgan, 8s sd; Mount Lyell, 28s; Electro. Zinc, 67s 6d; Broken Hill Pty., 50s; North Broken Hill 70s; South Broken Hill. 34fe 9d; Oil Search, 9s 4d; A.C.1.. 59s 3d; Associated News., 19s, and preference, 22s 6d;

Anthony Hordern, 295; Amalgamated Textiles, 17s 9d; Bradford Cotton, 52s 9d: British Tobacco, 52s 6d; Colonial Sugar, £34 ss; Drug Houses, 38s; Dunlop, 38s; General Industries, 31s 4Jd; Hadfields, Us; Kandos. 45s 6d; Lustre, 40s 9d: Morts Dock, 24s 3d; Peters, 375; Self ridges, 42s 6d; Wool worths, 245; Woolworths, New Zealand, 31s 3d; W. H. Soul, 90s. MELBOURNE Sales.—E., S., and A. Bank, £7 8s; Carlton, 79s 6d; British Tobacco, 52s 6d: Felt ?»<* 81 . 8; M y er s. 48s 3d; Broken Hill Pty., 50s 6d; New Broken Hill, 425; Electrolytic Zinc, 87s 9d; Oil Search, 9s 7d.

Sales on ’Change d. Var’n Gold., Mort, rights (33) 0 10 2 4-ld W’worths. (100; 200 ; 200; 200) 1 4 5 —2d Sales Reported 3 p.C., 1955-58 (£315) 101 0 0 •— Nat. Bk. of A*asia., £1 pd. (20) 11 3 N.C. Bruce Woollens (100) 2 9 6 N.C. B.H.P. (100) 2 11 6 N.C. Dunlop Rubber (100) 1 18 3 — 9d Hadfields (100) 0 11 0 4-3d Radio, rts. (187) (L.S.Y.) 0 6 4 — W. R. Cooke and Son (100) 0 6 6 N.C .

■QUOTATIONS Buyers. £ s. d. Sellers. £ s. d. Banks— Adelaide — 7 10 0 Australasia —— 13 0 0 Comm, of Aust., c.d. — 1 3 5 Pref., c.d. 11 7 6 — Comm, of Sydney, c.d. 24 15 0 —— E., S., and A. — 7 15 0 Nat. of A’asia, £1 1 11 3 1 11 6 12s 6d 0 19 10 i 0 3 Natl, of N.Z. 3 13 0 3 14 0 Union 11 17 6 — E., S., and A., London Reg. — 8 0 0 Breweries— Ballins — 1 16 0 Rights 0 5 3 0 6 0 New Zealand —• 2 17 9 Queensland — 2 4 0 Coal— Taupiri 3 10 0 — Kaitangata — 1 13 6 Renown — 1 3 0 Frozen Meat— Canterbury, pref. 8 7 6 — Gear 1 12 .0 — N.Z. Refrig.. £1 pd. 1 18 6 ■ (10s paid) — 0 19 2 Nth. Cant, (pf.) .. — 1 4 8 South Otago 7 10 0 — GasChristchurch, x.d. 1 7 0 10s paid, x.d. 0 13 6 Insurance— FAME. 1 5 6 1 6 6 National .. — 9 0 South British — 4 15 6 United — 15 13 6 Loan and Agency— Gold. Mort, rts. .. 0 10 1 0 10 3 C.F.C.A., ord. — 1 8 0 Pref. 2 17 0 — Ch.Ch. Build. — 22 5 0. Dalgety ... 11 12 6 Gold, Mort, x.d.x.r. 1 11 10 12 0 Mutual Benefit 19 10 0 Nat. Mort., "A” 5 5 0 “B” 2 5 9 — N.Z.F. Co-op. 0 10 0 —■ “A” pref. 4 7 0 —— “B” pref. 4 6 0 —• Newton King 0 3 6 — N.Z. Guar. Corp. — 0 5/ 6 N.Z. L. and Merc. Ord. 127 10 0 Pref. __ 140 0 0 Snipping— Hudd.. Parker, pf. 1 12 9 — Woollens— •Bruce —— 2 10 0 Felt and Textiles .. — 3 2 0 Felt and Textiles of N.Z. 3 0 6 Mosgiel 15 10 0 — Yarra Falls — 2 14 0 • Timaru 1 9 3 — Miscellaneous— Aust. C.I. - — 3 0 3 Aust. Foun. Invest. 0 6 2 0 6 4 Aust. Iron and Steel (pref.) 1 17 3 —— Beath and Co. 2 9 0 2 10 0 Booth, Mac. 0 3 3 Pref. 0 13 3 — British Tobacco .. 2 13 0 Broken Hill Pty. .. 2 11 3 2 11 9 Cant. Roller Flottr 0 14 9 Claude Neon, N.Z. 2 10 0 Colonial Sugar —— 55 12 6 Consol. Brick, c.d. 0 15 9 — Dom. Builders 0 8 3 Donaghy Rope 3 8 0 — D.I.C., 10s paid 1 9 9 —- Dunlop Rubber 1 18 2 1 18 6 Dunlop N.Z. — 0 10 0 Electro. Zinc. pref. 3 7 6 3 10 0 Fletcher Holo, (pf.) ■ 16 8 G. J. Coles —— 4 8 0 Greater Crystal .. — 1 7 0 Griffin and Sons .. 2 17 6 ——. Matches, N.Z. — 0 10 0 Hadfields — 0 11 0 Hume Pipe (Aust.) — 6 0 I.C.I.A.n:z., pref. 1' 6 9 1 7 8 Kauri Timber 1 14 0 1 15 0 K.D.V Boxes 0 14 0 —- Mas. Struth. (£1 paid) 1 5 0 — 14s paid — 0 17 6 10s paid —— 0 13 6 Metters (N.Z.) — 1 9 0 M.K. Manufac. .. 0 12 6 —— Morts Dock 1 4 3 Macduffs 2 4 0 —— McKendrick Bros. ' 1 14 0 Natl. Electric 2 16 3 2 .17 6 N.Z. Forest Prod. .. 0 7 6 N.Z. News. — ? 2 12 6 North. Roller, pref. 1 7 6 — Radio, rights 0 4 9 0 6 6 Radio (1936), x.r. .. 0 19 9 — Reid Rubber 1 6 9 ■ 7 6 Part paid — 0 7 9 Selfridges 2 3 3 2 4 3 Standard Cement 1 5 6 — Taupo Totara 0 18 0 Turnbull and Jones —_ 1 8 6 United Prov. 0 19 0 —. Weeks 12 15 0 Whit, and Tombs .. 8 1 0 8 7 6 Wm. Cable, rts. 0 7 0 — Wm. Cable, x.d.x.r. 1 14 0 1 15 0 W’worths., ord. 1 4 3 1 4 5 (N.Z.), ord. — 1 11 9 Properties 1 11 3 —- W. R. Cooke and Son 0 8 4 —— UNLISTED STOCK Buyers Sellers. £ s. d. £ s. Amalg. Batteries 1 0 0 Pref. 1 0 0 Chch. Press 13 .7 6 Korma Textiles, pf. 1 7 9 — Mt. Cook Tours .. 0 8 6 0 10 0 N.Z. Fisheries . 0 18 0 1 0 0 Nelson Fisheries .. 1 16 0 Reece, Ltd , E. (pf.) 0 12 9 Williamson Jeffery 1 12 6 -- - Waikari Lime 1 7 0 —