COMMERCIAL

Press, Volume LXXXIII, Issue 25270, 23 August 1947, Page 5

COMMERCIAL

1 STOCK EXCHANGES MARKETS QUIET < ’J? iet on the christ™SJS h „, S S' Exchange yesterday, and eaiTno of a i^ w ,. stocks showed a further SJ? 1 "®- industrials and bank S“?S n^ e ? e firm at late rates ConsolltrrSi S??, al ? d Woolworths, Ltd., regisi.ia E otabl ® losses. Sellers of New Zealand Breweries reduced their limits to Sts, without attracting buyers. DOMINION TRANSACTIONS , CHRISTCHURCH Sales on ’Change

„ AUCKLAND ???-'“ 15/5/53-56, 3 per cent. (£500), 38 ' 3 per cent. (£2000). *.100; Commercial Bank of Aust. (200), 21 ® 8d J F.A.C., £5 paid (25), £7 ss; d°o>» 57s 3d; Broken Hill Pty. (100), 49s 6d; Bycroft (100), 625; Colonial ~H,g ar ( IQ )’ £53 10s; Consolidated Brick (200), 13s 7d; Dunlop N.Z. (200). 9s, and preference (500), 10s 7d; Farmers' Trading (100). 36s 6d; Coles (100), 85s; M.K. Manufacturers (100), 12s 6d; Myer Emp. (200), 47s 6d; Radio, rights (37), 3s; Reid Rubber, con. (200), 7s; Selfridge’s, Australasia (50). 425; Martha (500), 5s 101 d; Waihi Investments (425), 5s 4d; Mount kyeH (200), 28s. Unlisted: Korma, pref.. (100), 28s 9d; Whakatane Paper, pref. <2nm 9r<= ‘M

WELLINGTON Sales.—Late Thursday: Sharland and Co. ord. (66), £2 17s 6d. and (193) £2 17s 6d; Dunlop, N.Z.. Ltd., pref. (100), 10s Bd. i^J® r^ ay -’ 3 . per cent - 15/5/53-56 (£1740). £lOO ss; Selfridge’s, Aust. (325), £2 2s; N.Z. Refrigerating (100), £1 16s 6d; Electrolytic Zinc, ord., odd lot (31), £3 6s 3d. Unlisted: Selfridge’s. N.Z., 16s paid 15s 9d; McMahon Motors (100), 13s

DUNEDIN Sales.—Dunlop, N.Z., ord. (100), 9s 4d. , Reported.—3 per cent., 1955-58 (£800), £99 10s (late sale); .N.Z. Breweries (100), 545.

OTHER EXCHANGES SYDNEY Trading in bank shares on the Sydney Stock Exchange yesterday was moderate. Of a total turnover of 1334 shares on the morning call, fewer than 200 were taken by the Government. All deals were made at basic prices. National Bank and Commercial Bank of Australia shares were sold in Melbourne at small increases on the minimum rate. The other share trading in Sydney was on a firm basis. Sales— Bank of Sydney, £24

4s; Commercial Bank of Australia, pref. £11; National Bank (12s 6d paid), 20s; National Bank (20s paid), 31s 6d; Union Bank, £11; Bums, Philp. 80s: Tooths, 745; Tooheys, 37s 9d; Queensland Brewery, pref., 275; Goldsbrough, 31s 3d; Wilcox. Mofflin, 18s 9d; Mount Morgan, 8s lid; Mount Lyell, 28s 3d; Broken Hill Proprietary, 49s 6d; New Broken Hill, 41s; North Broken Hill, 67s 6d; South Broken Hill, 33s 6d; Bulolo, £8 ss; Placer Development, £7 10s: Oil Search, 8s 6d; A.C.1., 575; Associated News. 19s IJd: Associated News, pref, 225; Australian Gas (A), £7 8s; Anthony Hordern, 28s 3d; Amalgamated Textiles, 19s 3d: Bradford Cotton, 525: British Tobacco,- 50s; G. J. Coles, 83s; Colonial Sugar. £53; Drug Houses, 37s 9d; David Jones. 53s 9d; Farmers, 45s 9d; Felt and Textiles. 61s; Hadfields, 12s 6d; Lustre, 38s; New Zealand Forest, 7s; Stedmans, 27s 6d; Woolworths, 22s 6d; Yarra Falls. 51s 6d. MELBOURNE Sales.—Commercial Bank of Australia. 21s 9d; Union Bank, £11; Carlton Brewery, 76s 6d; Australian Cement, 50s 6d; Australian Cement, 50s 3d: British Tobnern. 49s 6d’ G. J Coles. 83s; Herald, 755: Nestles, pref., 39s 6d; Emperor, 18s lOd; LolQma, 22s 3d.

Consolidated Brick (200) E 0 s. 13 d. 6 V?~’n. —2/10 Dunlop Rub. c .d. (100) 1 18 0 N.C W Iworths (100; 100) .. 1 2 9 — lOd Sales Reported pc » 1949-50 (£750) 98 17 6 W Iworths. (200) 1 2 9 — lOd Sales Reported—Unlisted: Amalg. Bat (150) .. 1 6 N.C. Whakatane Paper (pref.) (200) .. 1 6 0 N.C.

LATEST QUOTATIONS Buyers. Sellers. N.Z. Govt.— 2i p.c. Ins.. 15/2/4950 2} p.c. Ins.. 15/4/4951 — 99 15 0 2J p.c. W.L., 1/10/53 97 12 6 98 5 0 3 p.c. Ins. 15/9/5255 3 p.c. Ins., 15/12/5356 — 3 p.c. Ins.. 15/4/5659 100 2 6 100 5 0 3*,<i p.c. 15/9/57-60 — 102 10 0 4 p.c. Ins., 15/5/4952 4 p.c. Ins.. 15/6/5255 104 10 0 Wool Bonds, 1/2/48 1 2 3 1 2 Wool Bonds. 1/2/49 1 1 9 Banks— Australasia 11 5 0 13 0 o Comm, of Aust. .. 9 Pref. 10 17 6 E„ S., and A. 7 10 0 Nat of-A'asia., £1 1 11 4 12s 6d 0 19 9 1 0 2 National of N.Z. 3 10 6 New South Wales 38 0 0 Union 11 0 0 12 10 n Breweries— Ballins 1 13 6 Dominion 3 12 0 New Zealand 2 14 0 Queensland 1 19 0 Swan 1 18 Coal— Kaitangata 1 13 0 Taupiri 3 18 Renown —— 1 2 0 Frozen Meat— # Canterbury — 15 10 0 Pref. 8 0 0 N.Z. Refrig. £1 pd. 1 il 0 10s paid 0 17 10 0 18 Nth. Cant, (pf.) .. 6 Southland, x.d. __ 3 6 0 Gas— Timaru Insurance— F.A.M.E. 1 6 3 Pref. 1 7 National 1 8 o New Zealand 5 2 0 South British 4 9 9 Standard, x.d. 4 11 6 Loan and Agency— Gold. Mort, rts. .. 0 9 9 0 9 11 Chch. Build’->g 22 0 0 Dalgety 10 10 0 Gold., Mort, x.d., x.r. 1 11 0 1 11 6 Invinc. Building .. 5 10 0 Nat. Mortgage "A” 5 5 0 B . ... j N.Z.F. Co-op. 2 4 0 10 6 2 0 To 6 First pref — 6 10 0 (4J p.c. Stk., ’55) 100 15 0 Newton King 0 3 6 N.Z. Guar. Corpn. 0 5 2 N.Z.L. and Mer. ord. — 120 0 0 United Building. .. 1 4 6 Shipping— Hud. Parker, pref. 1 13 0 Union (pref.) 1 13 3 Woollens— Bruce 2 8 6 Felt and Textiles 3 2 a Felt and Textiles of N.Z. 2 18 o Kaiapoi (17s pd.) 1 10 0 Timaru 1 9 6 Wellington, c.d. 10 2 6 Misre’laneous— Alloy Steel (N.Z.) 2 17 6 Anthony Hordern Barth. Timber 1 9 o 1 14 o Beath and Co. — 2 9 6 Is paid — 0 19 6 Booth, Mac. (pref.) 0 13 6 0 14 6 Brit. Tobacco 2 9 0 Broken Hill Pty. 2 9 0 2 9 9 Claude Neon. N.Z. 2 9 6 Colonial Sugar 53 0 0 54 0 0 Consolidated Brick 0 13 8 Dom Builders c.d. 0 8 6 Donaghy’s Rope .. 3 7 0 D.I.C. (10s paid) .. 1 10 0 Pref. 1 10 0 Dunlop Rubber 1 17 9 1 18 0 Dunlop, N.Z. 0 9 9 Electro. Zinc, ord. 3 6 0 Pref. 3 6 9 3 8 o Evans Atlas 1 5 6 G. J. Coles 4 5 0 Greater Crystal 1 3 6 1 5 6 Griffin and Sons 2 17 6 Haafields 0 13 0 Hay’s, Ltd., 15s pd. 3 2 0 Howard Smith 1 4 6 Kauri Matches 0 14 3 Mason. Struth., £1 paid -_. 1 4 0 14s paid —. 0 16 0 10s paid «— 0 13 0 Metters (N.Z.) 1 9 0 Milburn Lime , 1 17 3 M.K. Manufac. — 0 12 11 Morts Dock 1 3 7 Macduffs 2 4 0 2 6 6 McKenzies 3 9 o National Electric .. 2 16 o N.Z. Express 0 17 9 N.Z Forest Prod. 0 6 8 0 7 2 N.Z. News — 2 12 0 N.Z. Paper Mills .. — 2 6 0 Procera Bread 0 8 0 Reid Rub. (pt. pd.) 0 7 0 Standard Cement 1 4 6 1 9 0 Taringamutu Timb. 1 0 0 Taupo Totara 0 18 Whit, and Tombs .. 7 17 6 8 5 0 Wilcox. Moffiin, rts. ~_ 0 8 6 Wilsons Cement .. 0 18 10 Woolworths, ord. .. 1 2 8 1 3 0 2nd Pref. — 1 11 0 (N.Z.) ord. 1 8 0 1 9 0 'W.A.) — 4 5 9 W. R. Cook and Son 0 6 Zealandia Soap 0 18 0 Overseas Listings— W’worths (S.A.) .. Aust. Mining— Broken Hill South — 1 13 3 Mount Lyell 1 8 6 Mount Morgan 0 8 8 0 9 0 Rawang Tin 0 9 6 Mining— Austral (N.Z.) 0 8 0 Barrytown 0 17 0 Blackwater —. 0 12 0 Consolidated — 0 6 0 Grey River 0 10 5 0 11 0 Kanieri 1 3 0 Martha 0 5 6 0 5 1 Snowy River, x.d. — 0 7 0 Unlisted Amal. Batteries Stocks 1 1 6 (Pref.) 1 0 6 Ass. Mot Pet. (pf.) 1 10 3 __ Aust. Mot. Petrol — 1 6 6 Avon Metal 1 5 0 Ch’ch. Press 13 7 6 - Mt. Cock Tours .. — 0 10 0 Mack. Caley, Phoe. (contr.) — 1 18 0 Mack. Caley, Phoe. — 2 2 0 15s paid 1 17 0 N.Z Fisheries — 0 19 0 Reece., Ltd., E. (ord.) 0 12 9 (pref.) 0 15 0 — Rink Taxis Scales “C” (pref.) — 0 17 0 — 0 5 6 Tingey Selfridges (N.Z.) 4 0 0 4 8 D (cont.) — 0 16 0 (W. Aust.) 1 0 3 Taramakau (5s pd.) 0 6 3 Waikari Lime (17s fid paid) 0 18 [) Whakatane Paper 0 6 9 — (pref.) 1 5 9 —