COMMERCIAL

Press, Volume LXXXIII, Issue 25300, 27 September 1947, Page 5

COMMERCIAL

STOCK EXCHANGES GOOD BUYING SUPPORT There was good buying support on the Christchurch Stock Exchange yesterday in most sections of the share market, and an increase in the volume of business was recorded. Taupiri Coal shares reached a «ew high level at 86s 6d - and Hay’s Ltd. s, stock rose by 4s 6d to 72s 6d. The chief loss was 2s 6d in Mosgiel Woollens. DOMINION TRANSACTIONS CHRISTCHURCH Sales on 'Change £ s. d. Var’n. N.Z. Refrig. (10s pd.) ( , 100) . •' .. 017 9 N.C. Woolworths (100) .. 1 3 0 —3d Sales, Unlisted Whakatane Paper (200; 200; 100) .. .. 0 8 0 —ld Sales Reported, Listed Taupiri Coal (50; 50; 75) 4 6 6 4-3/-N.Z. Refrig. (£1 pd.) . t » (30 °) , . •• 116 3 N.C. N.Z. Refng. (10s pd.) „ < 2oo > „ , • • 017 9 N.C. Huddart Parker (100) .. 3 2 0 4-1/3 Mosgiel Woollen (100) .. 15 7 6 —2/6 Hay’s, 7 >d. (100) .. 312 6 4-4/6 Sales Reported, Unlisted Williamson Jeffry, c.d. (500) .. • 1 15 0 4-2/6 Taramakau (100) 0 7 6 N.C. AUCKLAND Sales.—l/8/51-54, 3 per cent. (£300), £lOO 2s 6d; 15/5/53-56, 3 per cent. (£300), £lOO 10s; 15/12/53-56, 3 per cent. (£500), £lOO ss;. 15/2/55-58, 3 per cent. (£1000), £99 15s; ,15/1/53-57, 3j per cent. (£500), £lO2 10s; Dominion Breweries (30), 70s 6d; Taupiri Coal (125), 86s 6d; Bankers and Traders Insurance (100), 425; North Auckland Farmers, B pref. (800), 17s; Wilcox, Mofflin, rights (20), 6s 3d; Huddart Parker (150), 625, National .Timber (250), 14s 6d: Rotoiti (100), 12s 6d; Felt and Textiles, N.Z. (100), 59s 3d; A.C.I. (250), 61s 6d: Colonial Sugar (5), £55 10s; Dunlop, N.Z., pref <300), 15s 6d; Farmers’ Trading (100), 38s, Fletcher Holdings, pref. (150). 355; M.K. Manufacturers (600), 13s; N.Z Refrigerating (392), 36s 3d, and contingency shares (100), 17s lOd; Peter’s Ice. N.Z. (90). 455; Robinson's Ice (200), 45s 6d; Silknit, N.Z. (100), 28s 6d; Selfridge’s, Australasia (75), 48s Unlisted: Taramakau (50). 7s 6d WELLINGTON Sales.—Late Thursday: Taupiri Coal (60), £4 5s 6d; M.K. Manufacturers (100). 13s; Broken Hill Pty (100), £2 Ilk. Yesterday: 2J per cent., 16/6/47-49 (£500), £99 15s; 2J per cent., 15/2/49-50 (£1000). £99 10s; 21 per cent., 15/4/50-51 (£500). £99 7s 6d; Wellington Trust Loan (50), £5 Us; 3 per cent., 15/4/60-63 (£420), £lOO 10s; 3 per cent.. 15/9/52-55, 3 sales (£1000), £99 12s 6d; Union Bank of Australia (50). £lO 17s 6d; Huddart Parker (100), £3 2s; Colonial Sugar (5), £55 10s; N.Z Forest Products, ord. (130), 6s 9d; Weeks. Ltd., ex div. (25), £l2 12s 6d; 1.C.1., A. and N.Z pref. (400), £1 7s: H. 8., Ltd. (100). £1 12s 9d; Union Bank (50). £lO 17s 6d. DUNEDIN Sales Reported.—Mosgiel Woollen (100), £l5 7s 6d; Felt and Textiles. N.Z., late sale (100), 59s 3d; 3 per cent. Stock, 195255 (£300) £99 10s; National Mortgage A (100), 92s 6d.

OTHER EXCHANGES SYDNEY A strong tone prevailed on the Syd ney Stock Exchange yesterday, but with little scrip available the turnover was on a restricted scale. Sales.—Commercial Bank of Sydney. £24 16s; Commercial Bank of Australia. £2l 9s; National Bank (12s 6d paid), zOs 9d; Howard Smith, 255; Mount Morgan 9s 9d; Electrolytic Zinc (pref ), 71s Brpken Hill Pty., 51s; New Broken Hill 47s 3d; Bulolo, £8 10s; Emperor, 18s 4Jd: Anthony Hordern, 29s 6d; Amalgamated zTexitles, 19s 3d; Bradford Cotton, 54s Colonial Sugar, £55 7s 6d; Dunlop. 395: David Jones, 56s 3d; Felt and Textiles 60s 3d; Kandos, 45s 3d; Morts Dock, 26s d Morris Hedstrom. 545; Selfridges, 50?’ Woolworths, 235. v

MELBOURNE Melbourne Stock Exchange sales were National Bank (20s paid), 325; A.C.I 625; Cox Brothers, 10s 3d; Drug Houses 39s 3d; Felt and Textiles, 60s 6d; Herald 80s; Hume Pipe, 255; Yarra Falls, 58s Elect olytic Zinc, 71s. Broken Hill Pty 51s 3d; South Broken Hill, 38s; New Broken Hill, 47s 6d; Mount Lyell, 295; Mount Morgan, 9s lOd; Empeior, 18s 6d; Oil Search, 7s Id.

LATEST QUOTATIONS £ s d Sellers £ s. d N.Z. Govt.— 21 p.c. Ins., 15/6/4749 99 12 6 99 17 6 21 p.c. Ins., 15/4/4951 99 5 0 — 21 p.c. Ins., 15/4/5051 99 5 0 — 21 p.c. W. Loan, 1/10/53 — 98 0 0 3 p.c. Ins., 1/8/5154 99 15 0 — 3 p.c. Ins., 15/9/5255 99 10 Q — 3 n.c. Ins., 15/5/5356 100 7 6 100 12 6 3 p.c. Ins., 15/12/5356 100 5 0 100 7 6 3 p.c. Ins., 15/2/5558 99 12 6 100 0 0 3 p.c. Ins., 15/4/5659 .. .. 100 10 0 — 3 p.c. Ins., 15/11/5760 100 5 0 w , 3 p.c. Ins., 15/4/6063 100 5 0 4 p.c. Ins., 15/5/4952 102 10 0 4 p.c. Ins., 15/6/5255 104 10 0 4 p.c. Ins., 31/5/5458 106 10 0 4 p.c Bonds, 195255 .. .. 104 10 0 105 0 0 Wool Bonds, 1/2/48 1$2 4 1 2 6 Wool Bonds, 1/2/49 119 Banks— Comm, of Aust. .. — 12 0 Pref. 10 17 6 Comm of Syd. .. 24 0 0 E., S. and A. __ 6 17 6 Nat of A'sia., £1 1 11 7 12s 6d 1 0 2 —— Natl, of N.Z. 3 4 0 3 7 U New South Wales 37 10 0 Union 10 15 0 10 19 0 Breweries— Ballins ___ 1 15 6 New Zealand .. __ 2 15 3 Swan .. .. — 2 2 6 Tooheys .. 1 16 0 Tooths .. __ 3 19 6 Westland .. 2 0 0 Coal— Taupiri — 4 7 0 Frozen Meat— Canterbury 15 0 0 Pref 8 2 6 — N.Z. Refg. (£1 pd.) 1 16 3 — 10s paid Southland 0 17 8 3 3 9 0 17 10 GasAuckland — 0 8 0 Christchurch 16 0 — 10s paid — 0 13 0 Timaru 0 8 9 0 12 0 Insurance— F.A.M.E. — 15 3 National 1 7 3 New Zealand — 5 0 ,6 South British 4 12 6 4 13 9 Standard 4 11 0 —— Loan and Agency— C.F.C.A., ord. 16 0 18 0 Chch Build. 21 5 0 Goldsbroughj Mort 1 12 9 — ' Invincible Bldg. .. 5 7 6 5 12 O' Mutual Benefit . Z 19 5 0 — Nat. Mort. “A.” .. __ 4 15 0 Nat. Mort. 2 5 6 2 7 0 N.Z.F. Co-op. 0 10 9 0 11 3 “A” Pref. •W 4 10 0 "B” Pref. 4 7 0 4 9 0 4i p.c. Stk., 1955 101 15 0 — Perp. Trustees — 2 6 6 N.Z.L. and Mer (ord.) — 122 10 0 Perm. Invest. 11 10 0 —— United Bldg. 14 3 — Woollens— Bruce — 2 7 6 (Pref.) 1 12 0 Felti and Tex., N.Z. 2 19 Kaiapoi (17s paid) 1 6 6 17 3 Timaru 1 9 6 — Miscellaneous— Alloy Steel (N.Z.) — 2 16 ■> Andersons (pf.) 1 6 0 — Bartholomew Timb. 1 13 6 Aust. Found Invest, — 0 6 I Beath and Co., x.d. 2 7 3 Is paid,, x.d. 0 14 0 Berlei (N.Z.). x.r. 5 10 u Booth, Macdonald 0 3 3 Broken Hill Pty. 2 10 6 2 11 0 Bulleid 10 3 Canty. Roller Flour 0 14 3 0 15 3 Claude Neon, N.Z. 2 8 6 Colonial Sugar .. 55 0 0 55 12 6 Consol. Brick 0 14 6 0 15 3 1 -Dorn. Builders 0 8 9 Dom. Fertiliser — 19 6 D.I.C., 10s pd. .. 1 11 0 Pref. 1 10 -6 —— Dunlop Rubber 1 18 3 2 0 0 Dunlop, N.Z. (15s paid) — 0 14 6 Pref. (15s pd.) .. 0 15 9 Electro Zinc (ord.) 3 9 0 Pref. 3 11 0 Evans Atlas 16 0 Farmers’ Trading 1 17 0 __ Hallfenstein Bros. .. 1 12 0 1 13 0 Fletcher Holdings 1 17 0 1 17 9 G. J. Coles 4 2 6 Hadfields 0 12 9 Hay’s, Ltd. 3 5 0 3 12 6 * 15s paid 3 2 0 Kauri Timber 1 14 0 K.D.V. Boxes 0 13 4 0 13 9 Mason. Struth., £1 paid 14 0 14s paid 0 16 2 0 17 0 10s paid 0 11 10 0 12 3 McKendrick Bros. 1 14 0 M.K. Mfrs. 0 12 3 Morris Hedstrom 2 17 0 Morts Dock 1 6 10 Macduffs 2 9 0 National Electric 2 16 0 NJZ. Express, c.d. — 0 17 0 N.Z Forest Prod — 0 7 0 N.Z Newspapers .. >— 2 10 0 N.Z. Paper Mills .. 2 3 6 Quill Morris (1936) — 2 0 0 Radio (1936) 0 16 6 Reid Rubber 17 0 Part paid 0 10 3 Selfridges 2 6 6 — Taringamutu Timb. — 1 0 0 Taupo Totara 0 17 0 0 17 6 Tingey 1 12 0 United Prov. 1 0 3 1 1 0 Whit, and Tombs 8 2 6 . Wilcox. Mofflin, rts. 0 5 0 Wm. Cable 1 14 0 Wilson's Cement .. 0 18 2 W’wths., ord. 12 9 1 3 3 (N.Z.), ord. — 19 3 W. R. Cooke and Son 0 7 0 Zealandia Soap 0 16 0 — .Overseas Listing— W’worths. (S.A.) .. —- 2 4 0 Aust. Mining— Bulolo .. 8 10 0 N.Z. Mining— Barrytown .. — 0 17 0 Blackwater —— 0 11 0 Consolidated ., 0 6 0 Grey River .. — 0 11 0

Snowy River Buyeix. £ s. a 0 6 3 Sellers £ s. a Waihi Invest. 0 5 4 — UNLISTED STOCKS Amalg. Batteries .. 1 1 6 — Pref. 10 6 —— Avon Metal, pref. 1 2 0 — Christchurch Press 13 7 6 — Korma Tex., pref. — 19 3 Marathon Rub. (£1 paid) 1 2 0 16 0 Mount Cook Tours 0 9 3 0 10 0 Prudential Bllg. .. — 1 2 3 N.Z. Fisheries 0 18 0 0 18 9 Para Rub. (15s, paid) .. 12 0 — Reece, Ltd., E., ord. 0 10 0 1 6 Reece., Ltd., E., pf. 0 11 0 Regen’ Theatre 0 15 0 —— Selfridges (W.A.) — 110 Taramakau (5s pd.) 0 7 0 Wil. Jeffry t> c.d. .. 1 13 6 — • Whakatane Paper Pref. > 0 8 0 . 1 6 6 0 8 2