COMMERCIAL

Press, Volume LXXXIII, Issue 25303, 1 October 1947, Page 5

COMMERCIAL

STOCK EXCHANGES BUSINESS WELL SPREAD There was a good volume of business on the Christchurch Stock Exchange yesterday. Business was well spread, and the bulk •of the dealings were in industrials, in which the chief movement was a rise of 2s 6d in Wellington Woollen preference shares. In the coal, gas, and insurance sections sellers were more in evidence than buyers. Price levels wre well maintained.

DOMINION TRANSACTIONS CHRISTCHURCH

Sales.—ls/6/47-49, 2} per cent. (£220), £100; 15/9/52-55, 3 per cent. (£500), £99 12s 6d; 15/12/53-56, 3 per cent. (£1150), £lOO 6s 3d; 15/4/56-59, 3 per cent. (£1000), £lOO 15s; 15/4/60-63, 3 per cent. (£1000), £lOO 10s; 15/9/57-60, 3| per cent. (£1360), £lOl 7s 6d; Commercial Bank of Aus. (100), 21s 9d, and preference shares (50), £lO 18s; Pukemiro Coal (100), 355; Taupiri Coal (100), 86s 6d; North. Auckland Farmers, B pref. (200), 17s; Wilcox, Mofflin, rights (160), 6s 9d; Huddart Parker (100), 61s 6d; Kaiapoi Woollens (100), 27s lid; Auckland Laundry (100), 16s 3d; A.C.I. (100). 61s 3d; Broken Hill Pty. (100), 51s; Colonial Sugar (5), £55, and (10), £55 ss; Dunlop, N.Z. (300), 14s 2d; Elec. Zinc, pref. (100), 70s 6d; Farmers’ Trading (300), 37s 9d; G. J. Coles (50), 81s 6d; Hallenstein Brothers (100), 32s 6d; M.K. Manufacturers (200), 13s; Northern Roller (200), 31s; W. Cable (250), 34s 6d; Wilson’s Cement (500), 18s sd; Woolworths, N.Z. (100), 28s 9d; Wool worths, South Africa (100), 425, and (100), 41s 9d; W. R. Carpenter (100), 45s 6d; Ngahere Gold (ICO), 8s; Sulphide Corp. (200), 10s 6d. Unlisted: Roose, pref. (188), 265; Walker Hall (250), 355.

WELLINGTON Sales.—Late Monday: '2£ per cent. 15/2/49-50, (£1000), £99 10s; Union Bank of Australia (10), £lO 17s 6d. Yesterday: 3 per cent., 4 sales (£2430), 15/2/55-58, £99 15s; N.Z. Breweries (166), £2 15s; Woolworths, Ltd., ex div. (100), £1 3s; Wellington Mortgages (100), 16s; William Cable and Co. (250), £1 14s 6d; Wellington Woollens, pref. (31), £lO ss; Northern Roller (200), £1 Ils; Macduffs, Ltd. (100), £2 8s 9d; Wellington Mortgages (100), 16s; 2J per cent. (£500), 1947-49, £99 15s; 2i per cent. 15/5/48 (£500), £lOO ss; 2J per cent. 1950-51 (£500), £99 7s 6d. DUNEDIN Sales.—Felt and Textiles, N.Z. (50), 695; Hallenstein Bros. (100), 32s 6d; N.Z. Refrigerating, cont. (200), 17s; 3 per cent. Stock, 1957-60 (£250), £lOO ss. Sales Reported.—Commercial Bank, ord. (200), 21s 9d; Hallenstein Bros. (100), 32s 6d; 3 per cent 1957-60 (£285), £lOO ss; 3 per cent. December, 1953-56 (£350), £lOO ss. LATEST QUOTATIONS Buyers. Sellers.

Sales on ’Change £ s. d. Var’n. N.Z.F. Co-op., “A” Pf. (50) .. 4 9 0 -f-6d B.H.P. (100) .. 2 11 0 N.C. Sales Reported N.Z. Breweries (100) .. 2 15 0 N.C. Taupiri Coal (100) (L.S.Y.) 4 6 6 N.C. Taupiri Co-al (100) .. 4 6 6 N.C. N.Z. Refrig., 10s pd. (500) 0 17 10 N.C. Wellington .Woollens (31) (odd) .. 10 5 0 4-2/6 Morts Dock (200) 7 0 +2/9 United Provisions,. c.d. (300) .. 1 0 9 + 9d AUCKLAND

Banks— £ s. d. £ s. d. Adelaide — 7 10 0 Comm, of Aust. .. 1 1 9 1 10 Pref. »•-. — 11 0 0 Comm, of Syd. 24 0 0 E.» S., and A. 6 17 6 Natl, of A’asia., £1 1 11 6 •— 12s 6d 1 0 1 — Natl, of N.Z. . .. 3 7 0 Union 10 17 6 11 0 0 Breweries— Ballins .. 1 15 6 Dominion .. —— 3 11 0 New Zealand —— 2 15 3 Swan . • — 2 2 6 Tooheys .. 1 16 0 — Westland, c.d. .. 2 5 0 Coal— , Taupiri —— 4 7 3 Frozen MeatCanterbury 15 0 0 16 0 0 Pref. 8 2 6 — N.Z. Refrig., £1 pd. 1 16 3 — 10s paid 0 17 9 0 17 10 Southland — 3 4 6 Auckland — 0 7 10 Ch.ch., 10s pd. — 0 13 0 Timaru 0 9 3 0 12 1 Insurance—

F.A.M.E National South British, c.d. — 15 3 17 3 4 13 9 Loan and Agency— Ch.ch. Building .. 15 0 Goldsbrough. Mort 1 12 9 — Invinc. Building .. 5 7 6 5 15 0 Mutual Benefit 9 5 0 Natl. Mort. “B” .. 2 6 0 2 7 6 N.Z.F. Co-op. — 0 11 6 First pref. 6 12' 6 —— "B” pref. 4 8 0 4 9 0 4J p.c. Stock, ’50 101 10 0 — 44 p.c. Stock. '55 101 10 0 — Perp. Trustees — 2 6 6 N.Z. Guar Corp., c.d. 0 5 9 — , N.Z. L. and Merc., ord. ..115 0 0 25 0 0 Perm. Invest. 11 10 0 — United Building .. 14 3 —- Shipping— Huddart Parker .. — 3 2 0 Union, pref. 1 12 9 — Woollens— Bruce 2 7 6 Pref. —— 1 12 0 Felt and Textiles of N.Z. — 3 0 0 Kaiapoi, 17s paid .. — 17 6 Timaru . .. 19 6 ——~ Miscellaneous— Alloy St$el (N.Z.) — 2 16 0 Bartholomew Timb. — 1 13 6 Beath and Co., x.d 2 8 0 — Is paid, x.d. 0 14 0 0 19 0 British Tobacco .. 2 9 0 — Broken Hill Pty. .. 2 10 6 2 11 0 Bulleid — 10 3 Canty. Roller Flour 0 14 3 0 15 3 Colonial Sugar — 55 10 0 Dom. Builders 0 8 6 —— D.I.C. 10s paid .. 1 11 6 — Dunlop, N.Z., 15s paid — 0 14 6 Pref., 15s paid .. 0 15 6 0 15, 9 Electro. Zinc, ord. 3 10 0 3 10 9 Pref. 3 10 0 3 11 0 Evans Atlas 16 0 — Farmers’ Trading .. 1 17 6 •— Hallenstein Bros. 1 12 0 1 13 0 Fletcher Hold. 1 17 3 1 17 9 G. J. Coles 4 13 4 2 3 Greater Crystal .. — 15 6 Hadfields, c.d. 0 14 0 w— K.D.V. Boxes, x.d. 0 13 6 0 13 9 Mas., Struthers, £1 paid 14 1 —— 14s. paid 0 16 0 10s paid 0 11 10 0 12 3 McKendrick Bros. 1 14 0 — Matches — 0 18 0 M.K. Manuf. 0 12 9 Morris, Hedstrom .. — 2 17 0 Morts Dock 16 6 — Macduffs 2 8 3 2 9 0 Pref. — 19 6 McKenzies —- 2 7 9 National Electric .. —— 2 16 0 N.Z. Express, c.d. — 0 17 0 N.Z. News — 2 9 6 N.Z. Paper Mills .. 2 3 6 Rubber Distr., rts. — 0 10 Rubber Distr —— 14 0 Sei fridges 2 9 6 — Tarin gamutu Tim. — United Prov. 10 3 1 1 0 Whit, and Tombs .. 8 2 6 8 10 0 Wilcox, Mofflin, rts. 0 5 9 W’worths., ord. 1 2 10 13 2 (N.Z.), ord. 18 6 19 0 (N.Z.) pref. 2 2 0 — W. R.. Cooke and Son. — 0 7 0 Zealandia Soap 0 16 0 — UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Amalg. Batteries .. 116 — Pref. 10 6 — Aust. Invest. Trust 0 16 0 0 17 6 Aust. Mot. Petrol 13 9 14 9 Chch. Press. . 13 7 6 — Korma Textiles, pf. —• **193 Mt. Cook Tours — 0 9 0 — Marathon Rub., £1 paid 14 0 17 0 N.Z. Fisheries —_ 0 19 0 Para Rub., 15s pd. 14 0 Reece, Ltd., E. ord. 0 10 0 16 Reece, Ltd., E., pref. 0 11 0 — Regent Theatre 0 15 0 Selfridges (W.A.) .. — 114 Taramakau, 5s pd. 0 7 4 —— Whak. Paper 0 7 9 0 8 3 Pref. 16 6 —