COMMERCIAL

Press, Volume LXXXIII, Issue 25274, 28 August 1947, Page 8

COMMERCIAL

STOCK EXCHANGES

A FURTHER EASING The recorded turnover was small on the Christchurch Stock Exchange yesterday, sellers being more in evidence than buyers. Prices of scares dealt in revealed a further easing. Buyers of New Zealand Farmers’ Co-operative shares raised their bids to 10s 10di and New Zealand Breweries were firmer at late rates, with buyers at 53s 6d. Chain stores were easier and Woolworths and Woolworths New Zealand had dealings at reduced prices. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change

Sales.—Comm. Bank of Australia (300), 21s 8d; National Bank of Australasia, con. (200), 19s lOd, and (100) 19s lid; Dominion Breweries (100), 71s; Pukemiro (100), 335; Taupiri (50), 795; Timaru Wool (100), 29s 6d; Dunlop, N.Z. (100), 9s 2d, (100) 9s, and pref. (200) 10s 7d; Fanners’ Trading (250), 36s 6d; Fletchers (100), 36s 6d; K.D.V. (150), 14s; N.Z. Farmers’ Fert., pref. (100), 295; N.Z. Refrigerating, con. (150), 18s; Union Oil (200), 31s; Woolworths, Sydney (300), 22s sd; Martha (100), 5s 9d; Waihi Investments (500), 5s 3d. Unlisted: N.Z. Industries (100), 28s; Whakatane Paper (300), 6s 9d; Korma. pref. (150), 295. WELLINGTON Sales.—Late Tuesday: Fletcher Holdings (200), £1 16s 6d; Farmers’ Trading (150). £1 16s 6d. Yesterday: Broken Hill Pty., two sales (100). £2 9s; Fletcher Holdings (100), £1 16s 6d; 2i p.c., 15/6/47-49, £99 7s 6d; National Bank of Australasia, cont. *200), £1: Wellington Gas, pref. (200). £1 6s 9d; Electrolytic Zinc, pref. (100), £3 6s 6d and (100) £3 6s 9d; Woolworths, Ltd. (500), £1 2s 3d; Woolworths, N.Z. (200), £1 8s; Waihi Investments (255), 5s 3d. Unlisted: Korma Textiles, pref. (100), £1 Bs. DUNEDIN Sales.—Macduffs. Ltd., ord. (200), 45s 6d. Sales Reported—N.Z. Refrigerating, con., late sale (150), 18s; Woolworths, N.Z. (200). 28S; N.Z. Breweries (100), 53s 6d. QUOTATIONS

Taupiri Coal (100) £ s. d. Var’n 4 0 0 N.C. Morts Dock (100) 14 3 —3d W’worths (200) 12 3 —6d W’worths (N.Z.) (100; -150) 1 8 4 —3d Sales Reported 2J p.C., 1949-51 (£465) 99 7 6 — 3 p.c., 1955-58 (£200) .. 99 10 0 — Union Bank of Aust. (50) 11 0 0 N.C. N.Z. Breweries (150) 2 13 3 —3d Grey Rjver (100) 0 10 9 4-6d Electro. Zinc (50, pf.) .. 3 6 9 —9d AUCKLAND

Buyers. Sellers. E s d. s d. Banks— Comm, of Aust. .. 1 1 11 1 2 0 E., S., and A. —— 7 5 0 Nat. of A’asia., £1 1 11 0 1 12 0 12/6 —— 0 4 ' Natl, of N.Z. — 3 10 0 N.S.W. — 38 0 0 Union Breweries— 11 2 6 Ballins — 1 13 3 New Zealand 2 13 6 — Queensland .Coal— Taupiri — 1 18 0 3 19 0 — Renown Frozen Meat— 0 19 .0 1 2 0 Canterbury Pref. N.Z. Ref. (£1 pd.) 15 10 0 15 9 1 16 6 10s paid 0 17 10 0 18 0 Southland Gas— — 3 6 0 Christchurch — 1 6 0 10s paid — 0 13 0 F.A.M.E. 1 6 0 Pref. 1 7 4 National — 8 0. New Zealand 5 1 0 South British 4 11 0 Standard ___ 4 12 0 Loan and Agency— Ch.Ch. Build. Dalgety 10 5 0 11 2 6 Golds., Mort 1 11 0 1 11 6 Invinc. Bldg. — 5 10 0 Nat Mort. "A” .. 4 17 6 “B” 2 4 6 N.Z.F. Co-op. 0 10 10 0 12 0 . 1st pref., c.d. 7 0 0 “B” pref., c.d. .. 4 6 6 4 10 0 (4J Stk„ ’55) 101 0 0 United Bldg. Shipping1 4 3 Hud. Parker, c.d. .. Woollens— — 3 4 0 Bruce 2 6 0 2 8 0 Felt and Tex., N.Z. 2 16 0 2 18 0 pref. 8 6 Kaiapoi (17s pd.) .. — 1 9 0 Miscellaneous— — 19 6 Bartholomew Tim. 1 12 0 1 14 0 Aust. C.I. 2 18 0 Aust. F.I., c.d. 0 6 0 Beath and Co. 2 9 0 Booth. Mac., pf. .. 0 14 6 Brit. Tobacco, c.d. 2 9 0 Broken Hill Pty. .. 2 8 6 2 9 9 Burns, Philp 0 Cant. Roller Flour 0 14 9 Claude Neon, N.Z. 2 10 0 Colonial Sugar 53 15 0 Consol. Brick 0 13 6 0 13 11 Dom. Bldrs., c.d. .. 0 8 6 Donaghy’s Rope .. 3 7 0 D.I.C., 10s pd. .. Dunlop Rub., c.d. 1 1 10 17 0 6 17 11 Dunlop N.Z. (pf.) 0 10 8 Electro. Zinc, pf. .. 3 6 9 3 8 0 Evans Atlas 5 0 Fletcher Holdings 1 17 6 Matches 4 0 2 14 6 0 Hadfields Hay’s. Ltd. (15s — 0 13 0 Paid) Mason, Struthers 3 2 0 — £1 paid 1 3 6 4 3 14s paid o 16 10s paid . o Morts Dock 2 3 8 Macduff s 2 4 0 2 5 Natl. Electric 2 16 N.Z Drug 5 13 0 N.Z. Paper Mills ’’ Quill Morris (1936), — 2 2 12 6 0 c.d. Radio (1936), x.d. — 2 0 0 Reid Rubber j 6 o (part paid) Taringamutu Timb. Weeks, c.d. Wilson's Cement 0 18 A W’wths. (ord.) 2 0 1 2nd pref. 10 0 (N.Z.) ord. (w.a.) 1 8 3 Cooke and Zealandia Soap 0 6 0 0 18 0 UNLISTED STOCKS Amal. Batteries g Pref. 1 0 6 Aust. Mot. Petrol .. o Avon Meta] 5 0 Mt Cook Tours .. Mac., Caley Phoe. c 8 0 0 10 0 N.Z. Fisheries — 2 4 0 Reece, Ltd., E. pf. Regent Theatre .. 0 0 12 15 9 o — Ross and Glen. .. Self ridges (con.) (W. Aust J Taramakau (5s pd.) — 0 16 0 0 0 7 3 6 1 6 Tingey 6 Whak. Paper (pref.) 1 5 9 1 e 3