COMMERCIAL

Press, Volume LXXXIII, Issue 25305, 3 October 1947, Page 10

COMMERCIAL

STOCK EXCHANGES PRICE LEVELS WELL MAINTAINED A decrease in the volume of business was noticeable on the Christchurch Stock Exchange yesterday. Price levels were well maintained. Features were sharp rises in buyers’ quotations for Electrolytic Zinc and Goldsbrough Mort shares. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change—Listed

Sales Reported—Unlisted Selfridges (W.A.) (100) 1 0 6 N.C. AUCKLAND Sales.—ls/4/50-51, 2J per cent. (£500), £99 15s; 1/10/53, 24 per cent. (£1110), £9 17s 6d; 15/9/53-55, 3 per cent. (£650), £99 15s; 15/2/55-58, 3 per cent. (£1000), £99 15s; 15/4/56-59, 3 per cent. (£6600), £lOO 15s; 15/4/60-63, 3 per cent. (£13,350), £lOO 10s; Henderson Town Board, 1/5/58, 44 per cent. (£400), £lO9 10s; National Bank of Australasia, con. (200), 20s 3d; Taupiri Coal (50), 88s; Auckland Gas (209), 7s 7d, (95) 7s Bd, (820) 7s 9d, and contingency shares (130), 2s 9d; N.Z. Insurance (40), 99s 6d; North Auckland Farmers, B Pref. (500), 17s; Berlei, N.Z., rights (250), 61s 3d; Broken Hill Pty. (350), 51s; Colonial Sugar (20), £55; Consolidated Brick (200). 14s 9d; Dunlop, N.Z. (250), 14s 3d; Elec. Zinc (50), 735, and preference shares (150), 73s 3d; Forest Products (200), 6s lOd; N.Z. Refrigerating, con. (400), 17s lOd; Reid Rubber, con. (200), 10s; Woolworths, N.Z. (100), 28s 9dj Ngahere Gold (1000), 8s Id; Broken Hill South (200), 395; Mount. Lyell (250), 28s 9d; North Broken Hill (50), 78s 3d. Unlisted: Whakatane Paper (200), 7s 9d. WELLINGTON Sales.—Late Wednesday: South British Insurance (50), £4 12s; Auckland Laundry (150), 16s 3d; Broken Hill Pty. (200), £2 Ils; Wool worths, Ltd., ex div. (300), £1 3s; Dunlop, N.Z., Ltd., ord. (250), 14s 3d. Yesterday: Selfridges, A’asia. (150), £2 10s; 24 per cent., 15/4/50-51 (£300), £99 10s; 3 per cent., 15/4/56-59 (£4000), £lOO 15s; 3 per cent., 15/12/53-56 (£200), £lOO ss; Bond’s Hosiery (100), £3; Broken Hill Pty. (350, 2 sales), £2 Ils; J. J. Niven and Co., ex div. (100), £1 18s; Woolworths, Sydney (600), £1 3s; 3 per cent., 1960-63 (£1595), £lOO 10s. DUNEDIN Sales.—Wright, Stephenson, pref. (100), 27s 3d. Sales Reported.—Commercial Bank, ord. (400), 21s 9d; N.Z. Insurance (50), 99s 3d; Huddart Parker, ord. (50), 61s 6d; N.Z. Refrigerating, con. (400, late sale), 17s lOd; Mount Lyell (250, late sale), 28s 9d; Woolworths, N.Z. (100), 28s 9d; Broken Hill Pty. (100), 51s. LATEST QUOTATIONS Buyers. Sellers.

OTHER EXCHANGES SYDNEY The demand strengthened for a wider range of shares on the Sydney Stock Exchange yesterday. Sellers were wary, however, and the turnover was limited. Sales.—Bank of New South Wales, £3B; Commercial Bank of Sydney, £24 15s; Commercial Bank of Australia, pref. (New Zealand delivery), £11; Burns Philp, 83s 3d; Tooths, 79s 9d; Tooheys, 37s 9d; Wilcox, Mofflin, 18s 3d; Mt. Morgan, 9s 6d; Electro. Zinc, 735; Broken Hill Pty., 51s 6d; South Broken Hill, 39s 9d; Wellington AHuvials, 3s lOd; Bulolo, £8 10s; Larut, 9s 2d; A.C.1., 625; Associated News, 19s 6d; Anthony Hordern, 29s 9d; Australian Paper, 375; British Tobacco, 50s 9d; Colonial Sugar, £55 15s; Claude Neon, 33s 3d; Drug Houses, 39s 9d; Dunlop, 39s 44d; Felt and Textiltes, 60s 6d; New Zealand Forest, 7s. MELBOURNE Stock Exchange sales in Melbourne yes- ‘ ter day were:—Commercial Bank of Aus-

tralia, 22s 2d; Carlton Brewery, 80s; Swan, 42s lOd; Huddart Parker, 60s 6d; Australian Cement, 535; Cox Bros., *LOs 7d; Dunlop, 39s 8d; Coles, 82s 3d; Hume Pipe, 25s Id; Woolworths. 235; Electro. Zinc, 73s 3d; Zinc Investments, 6s lOd; Broken Hill South, 40s 3d; North Broken Hill, 795; Emperor, 18s 4d; Wellington Alluvials, 3s lid; Oil Search, 6s 9d.

3 p.c. Dec., '53-56 (£200) £ s. d. Var’n. 100 5 0 4 p.c. Bonds, 1952-55 ,(£225) 104 12 6 N.Z. Refrig. (10s pd.) (800) L.S.Y. 0 17 10 N.C. N.Z. Refrig. (10s paid) (496) 0 17 10 N.C. Auckland Gas (200) 0 7 6 N.C. B.HJP. (100) 2 11 3 N.C. Mason, Struth. (10s pd.) (127; 127; 126) 0 12 0 + 3d Morts Dock (200) 7 0 N.C. Zealandia Soap (831) odd. 0 16 3 -f-3d Grey River (525) 0 11 0 4-3d W’lworths. (S.A.) (100) 2 2 0 — Kaitangata Coal (150) . 1 16 0 +2/9

Banks— £ s. d. £ s. d. Comm, of Aust. .. 119 Pref. 11 (• 0 Comm, of Syd. 24 0 0 E., S., and A. — 6 17 6 Natl, of N.Z. . 3 16 9 New South Wales 37 15 0 Union 10 19 0 Breweries— Ballins — 1 15 6 Dominion 3 10 0 New Zealand 2 15 0 Swan ,. 2 2 6 Tooheys 1 16 0 Tooths .. 3 18 0 Coal— Renown Coal •. 110 Kaitangata 1 15 0 Taupiri .. 4 7 0 4 10 0 Pukemiro 1 14 0 Frozen iMeat— Canterbury 15 2 6 16 0 0 N.Z. Refrig., £1 pd. 1 16 3 — 10s paid — 0 17 10 Southland 3 4 0 GasAuckland _ 0 7 3 0 7 9 Christchurch (10s paid) 0 13 0 Timaru 0 8 7 0 11 6 Insurance— F.A.M.E __ 15 3 National — 17 2 South British .. 4 12 9 Loan and AgencyCh.ch. Building .. 21 7 6 Dalgety —* 10 5 0 Goldsbrough, Mort 1 13 6 — Invincible Building 5 7 6 Mutual Benefit 19 5 0 Nat. Mort. *‘A” .. 4 13 0 “B” 2 6 0 N.Z. & River Plate 13 0 N.Z.F. Co-op. 0 10 9 0 11 3 First pref. 6 15 0 — 4£ p.c. Stock, '50 101 10 0 — 4% p.c. Stock, ’55 101 15 0 — N.Z. Guar. Corpn., c.d. — 0 5 10 Perm. Invest. 11 10 0 —— United Building .. 14 4 — Woollens— Bruce •• 2 7 0 Pref. __ 1 12 0 Kaiapoi, 17s paid .. 17 2 Timaru 19 6 — Miscellaneous— Alloy Steel (N.Z.) 2 16 0 Anthony Hordern 19 0 ** Bartholomew Timb. — 1 13 6 Aust. Found. Invest. 0 6 1 Beath and Co. 2 10 0 Is paid .. 0 14 0 Berlei (N.Z.), rts. 2 15 0 — Booth, Mac. 0 3 3 — Pref — 0 13 11 British Tobacco .. 2 9 6 — Broken Hill Pty. .. 2 10 9 2 11 3 Bulleid 0 19 3 10 3 Canty. Roller Flour 0 14 3 0 15 3 Claude Neon, N.Z. 2 9 0 Colonial Sugar 54 15 0 55 5 0 Consolidated Brick — 0 14 11 Dom. Builders 0 9 0 Dom. Fertiliser — 19 6 D.I.C., 10s paid .. 1 11 6 —• Dunlop Rubber 1 18 0 Dunlop, N.Z., 15s paid — 0 14 6 Pref., 15s paid) .. 0 15 6 Electro. Zinc, ord., c.d., 3 11 6 — Elec. Zinc, pf., c.d. 3 12 3 — Evans Atlas 16 0 16 9 Farmers’ Trading 1 17 6 1 18 9 Hallenstein Bros. .. 1 12 0 1 12 6 Fletcher Holdings —— 1 17 6 Pref. — 1 16 6 Greater Crystal .. 13 0 15 6 Hay’s, Ltd., 15s pd. 3 2 0 — K.D.V. Boxes 0 13 5 0 13 9 Mas., Struthers, £1

paid 14s paid 14 0 0 16 0 10s paid — 0 12 3 McKendrick Bros 1 14 0 •— Morts Dock — 17 0 Macduffs 2 8 3 2 9 0 Pref. 18 6 —- McKenzies —— 3 8 0 National Electric . — 2 15 6 N.Z. Drug 5 15 0 N.Z. Forest Prod 0 7 0 N.Z. Newspapers . —— 2 8 6 N.Z. Paper Mills . 2 3 6 a— North. Roller 1 11 0 — Quill, Morris (1936 2 0 0 Radio (1936) 0 18 8 — Selfridges — 2 11 0 Tingey, pref. 1 12 0 — Taringamutu Tim —— 10 0 Taupo Totara — 0 17 8 United Prov., c.d —— 110 Wilcox, Mofflin, rts 0 6 0 a—. Wilcox, Mofflin 0 18 0 0 19 0 Wilsons Cement . — 0 18 9 W’worths., ord. —- 13 3 (N.Z.), ord. —— 19 0 W. R. Cooke and Son. —— 0 7 0 Zealandia Soap , 0 16 0 — UNLISTEI STOCKS Buyers. Sellers. £ s. d. £ s. d. Amalg. Batteries . 116 aaa Pref. 10 6 aaa Aust. Invest. Trus 0 16 0 0 18 0 Aust. Mot. Petro 13 0 15 3 Avon Metal 15 0 Ma Chch. Press 13 10 0 — Korma Textiles, pf —- 19 3 Prudential Building 12 3 Mt. Cook Tours . 0 9 0 aaa Mack., Caley, Phoe nix (15s pd.) — 1 15 6 N.Z. Fisheries — 0 19 0 Reece, Ltd., E ord. 0 13 0 16 Reece, Ltd., E pref. 0 11 0 a—. Regent Theatre . 0 15 0 Ma Selfridges, (W.A. 10 0 —a Taramakau, 5s pd 0 7 4 —M Whakatane Paper Pref. 0 7 9 16 6 0 8 2