COMMERCIAL

Press, Volume LXXXIIi, Issue 25302, 30 September 1947, Page 8

COMMERCIAL

STOCK EXCHANGES PRICE MOVEMENTS IRREGULAR A moderate turnover was recorded on the Christchurch Stock Exchange yesterday. with the bulk of the dealings in industrials. Price movements were irregular. The market was bare of shipping shares, but there was good inquiry in most other sections of the market, witn strong buying offers for Government stock. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change , £ s. d. Var’n. N.Z. Guarantee Corpn., c.d. (200) .. •• o s 9 - Macduffs (50) .. 2 9 0 —3d Wilcox. Mofflin, rts. (60; 40; 20; 60) .. 0 6 0 Sales Reported N.Z. Refrig., 10s pd. (500) 017 9 N.C. N.Z. Refrig., 10s pd. (200 ) 017 10 +ld Hadfields, c.d. (100) .. 012 9 +3d Macduffs. pref. (100) .. 1 9 0 N.C. N.Z. Breweries (200) .. 215 0 N.C. Sales Reported, Unlisted Amalg. Batteries (100) .. 1 2 0 4-6 d Avon Metal (100) (L.S.F.) 1 6 0 4-1/-Self ridges (W.A.) (100) 1 0 6 - AUCKLAND / Sales.—ls/6/47-49, 2J per cent. (£1000), £100; 1/10/53, 2J per cent. (£4000), £9B; 15/9/52-55, 3 per cent. (£500), £99 12s 6d; 15/5/53-56, 3 per cent. (£1000), £lOO 10s; National Savings, 30/12/48 (£500), £95 12s 6d; Cdrnmercial Bank of Aus. (187), 21s 9d; National Bank of Australasia, con. (400), 20s 3d; Taupiri Coal (250), 86s 6d; South British Insurance (50). 92s 6d; National Mortgage A (100), 92s 6d; Kauri Timber (184), 34s 3d; Manawatu Knitting (100), 575; Alloy Steel, N.Z. (59), 54s 6d; Auckland Laundry (100), 16s 3d; A.C.I. (200), 61s 3d; Berlei, N.Z. (100). £5 ss; Broken Hill Pty. (175). 50s 9d; Colonial Sugar (10), £55 ss; Caros, ord. (300). 28s; Dunlop, N.Z., pref. (250), 15s 6d; Elec. Zinc (50), 70s; M.K. Manufacturers (350), 13s; N.Z. Drug (100). £5 13s; N.Z Refrigerating, con. (200), 17s 10d; Reid Rubber, con. (400). 10s; Standard Cement (200), 26s 8d; Woolworths, South Africa (100), 41s 9d; Ngahere Gold (900), 8s; Waihi Invests. (50). 5s 6d.

WELLINGTON Sales.—Late Friday: 3 p.c., 15/2/55-58 (£1300), £99 15sr Union Bank of Aust. (30), £lO 17s 6d: Dunlop, N.Z.. Ltd., pref, (look 15s 6d. Yesterday: W.F.C.A.. pref., ex div. (100), £1 0s 6d; Huddart Parker (100) £3 2s; Electrolytic Zinc, pref. (50), £3 10s 6d; 3 p.c., 1/8/51-54, three sales (£1300), £100; 3 p.c., 15/9/52-55. two sales ( £1200), £99 12s 6d; N.Z. £2 15s; Dunlop. N.Z.. Ltd., pref. 6d; J. J- Niven and Co. (100), £1 IBs, Hume Pipe, ex div. (300), £1 ss; Broken Hill Pty. (100). £2 10s 9d; Mt. Morgan (100), 9s 6d. Unlisted: A. and E - Tingey (200), £4 7s 6d; Selfridges, N.Z., Ltd., los paid (300), 16s.

DUNEDIN Sales Reported.—Huddart Parker, ord. late sale (100). 625; N.Z. R^|F er c„.?th con. (500), 17s lOd; Broken Hill South (100). 38s 6d; 3 per cent. Stock, 1952-55 (£500), £99 12s 6d. LATEST QUOTATIONS Buyers. Sellers. £ s. d. £ a. d.

OTHER EXCHANGES

_ „ SYDNEY Sellers offered with restraint in a firm market on the Sydney Stock Exchange Morning business was the 7-FJ? test , for rnan <V weeks, and there wa« L° th ® last caU * Trading in front-rank industrials was mainly at late rates

% S M eS '^ Bank of New South Wales, £3B 2s 6d, Commercial Bank of Sydnev £24 16s; National Bank (20s paid?' 32 s Howard Smith. 23s 3d: Tooths. 79s 3ds ’ 398 6d: Wilcox Mofflin. 13s 3d; Mt. Morgan. 9s 6d; Electro. Zinc. 71s : Broken Hill Pty.. 51s; North Broken Hili’, Br °ken HUI. 38s; Wellington. 3s lOd; Placer Development, £7 16s; Emperor 18s 6d; Ngahere, 7s 9d; Oil Search, A.C.1., 62s 3d; Associated News, 19s 6d; do., pref.. 22s 7Jd; Australian Iron and Steel, pref.. 36s lOJd: Anthony Hordern, 29s 9d; Aust. Paper. 37s 6d: Bradford Cotton. 545; British Tobacco, 50s 6d: Coles, 82s 6d; Colonial Sugar, £55 ss; Drug Houses, 39s 6d; Dunlop, 395; David

Jones, 55s 6d: Felt and Textilec ftnc la. Hadfields 14s; Morts Dock, 26s 9d- Woolmirths, 23s IJd; Woolworths (N.Z.), 28s

MELBOURNE Melbourne Stock Exchange sales yesterday were:—Commercial Bank of AusNat L onal B a n k (20s paid). 32s 3d. Goldsbrough, 335: Carlton Brewery 81s: Swan. 425; Huddart Parker. 61s 3d60p 6d: Kauri Timber. 34 if?' United Provisions. 20s 9d; Woolworths. 23s 6d: Yarra Falls. 58s 3d: Broken Hill South. 38s 2d; Zinc Corporation, 139 s 6d Emperor. 18s 7d; Mt. Morgan, 9s 9d; Oil Search, 7s.

Banks— Comm of Aust. .. Pref. 119 10 17 6 > 1 11 1 11 0 0 Comm, of Syd. 24 0 0 —— E., S., and A. — 6 17 6 Natl, of A’asia., £1 1 11 7 — 12s 6d 1 0 1 •— Natl, of N.Z. — 3 7 0 N.S.W. — 37 15 0 Union • • Breweries— 10 15 0 11 0 0 New Zealand 2 14 9 2 15 3 Swan — 2 2 6 Tooheys 1 16 0 — Tooths 3 18 6 — Westland Coal— 2 2 0 2 5 0 Renown Coal — 1 1 0 Kaitangata 1 15 0 Taupiri — 7 0 Pukemiro Frozen Meat— 1 14 0 Canterbury 15 0 0 16 0 0 Pref. 8 2 6 — N.Z. Refrig., £1 pd. 1 16 3 — 10s paid — 0 17 10 Southland — 3 6 Auckland — 0 8 0 Christchurch 1 6 0 — 10s paid — 0 13 0 Timaru Insurance— — 0 12 0 F.A.M.E. — 1 5 6 National — 1 7 2 South British, c.d. Loan and Agency— — 4 14 0 Ch.ch. Building 21 5 0 — Dalgety — 10 5 0 Goldsbrough, Mort 1 12 6 — Invinc. Building .. 5 7 6 Mutual Benefit 19 5 0 Nat. Mort. “A” A 11 0 — “B” N.Z. and River 2 5 0 2 7 0 Plate * —. ■ 3 0 N.Z.F. Co-op. 0 10 9 0 11 3 First pref. 6 10 0 — “A” pref. 4 8 0 4 10 0 "B" pref. 4 5 0 — 4$ p.c. Stock, ’55 101 10 0 — Perp. Trustees — 2 6 6 N.Z. Guar. Corpn. N.Z. L. and Merc.. 0 5 6 ord.. 117 0 0 125 0 0 Perm. Invest. 11 10 0 — United Building .. Woollens— 1 4 3 — Bruce — 2 7 6 Pref. Felt and Textiles of — I 2 0 N.Z. — 3 0 0 Kaiapoi, 17s paid .. 1 7 6 Timaru Miscellaneous— 1 9 6 Alloy Steel (N.Z.) — 2 16 0 Andersons, pref. .. 1 6 3 Bartholomew Timb. — 1 13 Aust. Found Invest. Beath and Co., 0 6 x.d 2 8 0 — Is paid. x.d. 0 14 0 ■— Broken Hill Pty. .. 2 10 6 Bulleid — 1 Canty. Roller Flour 0 14 3 0 15 Colonial Sugar — 55 15 Dom Builders 0 9 0 Dorn. Fertiliser — 1 9 D.I.C. (10s pd.) .. 1 11 0 — Pref. 1 10 6 Dunlop, N.Z. — 0 14 8 Pref. — 0 15 9 Electro. Zinc, ord. 3 9 0 — Pref. 3 10 0 3 11 0 Evans Atlas 1 6 0 — Hallenstein Bros. 1 12 0 1 13 0 Fletcher Holdings 1 17 3 1 17 9 G. J. Coles 4 0 4 2 0 Hadfields Hay's, Ltd. (15s 0 12 6 paid) 3 3 6 — Hume Pipe (Aust.) — 1 5 6 K.D.V. Boxes, x.d. Mas. Struthers (£1 0 13 6 — paid) 1 4 0 —— (14s paid) 0 16 3 —— (10s paid) 0 11 9 — McKendrick Bros. ] 14 0 — Morts Dock 1 6 6 7 0 MacdufTs —. 2 9 0 Pref. .McKenzies 1 8 6 3 7 9 National Electric .. —. 2 16 0 N.Z. Express, c.d. 0 15 0 0 17 0 N.Z. Forest Prod. 0 7 0 N.Z. News. — 9 10 0 N.Z. Paper Mills .. 2 3 6 North’. Roller 10 6 Radio (1936) 0 16 6 0 17 9 Reid Rubber 7 0 Part paid 0 9 11 0 10 2 Selfridges 2 8 0 Taringamutu Tim. 1 o Tingey 12 0 United Prov. i 0 6 2 Whit, and Tombs 8 3 6 Wilcox, Mofflin, rts. 0 5 9 Wm. Cable 1 14 0 Wilson’s Cement .. W’worths (ord.) .. (N.Z.) ord. (N.Z.) pref. 2 2 0 W. R. Carpenter .. W. R. Cooke and 2 2 6 — Son. Zealandia Soap 0 16 0 UNLISTED STOCKS Buyers. Sellers. Amalg. Batteries .. £ S. d. d. Pref. 1 0 Aust. Mot.. Petrol 3 Q Chch. Press. is Korma Textiles, pf. N.Z. Fisheries Reece, Ltd., E. (ord.) Regent Theatre Selfridges (W.A.) 0 15 0 0 Taramakau (5s pd.) c Whakatane Paper Pref. 0 1 7 6 6 0 8 2