COMMERCIAL

Press, Volume LXXXIII, Issue 25309, 8 October 1947, Page 5

COMMERCIAL

STOCK EXCHANGES A BRIGHTER TONE Markets were brighter on call on the Christchurch Stock Exchange yesterday and there was an increased volume of business in a wider range of stocks. Price movements for the most part were m favour of sellers. Taupiri Coal shares continued their upward move, vvith the sale of an odd parcel at 90s. Strong buying support was in evidence in most sections of the market, and in the Government stock section only one seller appeared.

DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change, Listed

Sales Reported, Unlisted Whakatane Paper Mills (pref.) (300) .. 1 8 9 +2/3

AUCKLAND Sales.—Commercial Bank of Australia (500). 225; Bank of N.S.W. (10), £37 10s; N.Z. Breweries (100), 55s 3d; F.A.C., £2 paid (50), 50s; National Timber (100), 15s; Berlei N.Z., rights (106), 60s; Colonial Sugar (45), £55 2s 6d; Consolidated Brick (200), 14s 9d; Fletchers (500), 37s 6d; N.Z. Newspapers (200), 48s; Sanford (450), 12s 6d; Woolworths, Sydney (420), 22s 9d; Woolworths, South Africa' (200), 435; Broken Hill South (200), 39s 3d; Emperor (100), 18s 6d. Unlisted: Korma. pref. (200), 295; Whakatane Paper, pref. (400), 28s 9d. WELLINGTON Sales.—Late Monday: Bank of New South Wales (8), £37 10s. Yesterday: 3 per cent., 15/4/56-59 (£250), £lOO 15s; Huadart Parker (100), £3 Is 9d; Wellington Woollen, ord. (50), £10; 3 per cent. 15/11/57-60, (£765), £lOO 10s; 3 per cent. 15/4/56-59 (£1000), £lOO 15s; 3 per cent. 15/5/53-56 (£400), £lOO 10s; Macduff s, Ltd., ord. (200), £2 8s 9d, and 400 pref., £1 9s; Dunlop N.Z., Ltd., pref. (100), 15s 6d; Aust. Foundation Investment (554), 6s; Wilson’s Cement (150), 18s 6d; M.K. Manufacturers (100), 13s; K.D.V. Boxes (100), 13s 6d; Macduffs, Ltd. 2 sales pref. (155), £2 8s 9d: Woolworths, Ltd., ex div. (100), £1 3s; Mount Morgan (150), 9s sd. Unlisted stock: Korma Textiles pref. (100), £1 8s 9d; Stromberg Carlson, redeemable, pref. (100), £1 2s; Selfridges, N.Z., 16s paid (100), 16s. DUNEDIN Sales.—N.Z. Refrigerating cont. (400), 18s. Sales Reported.—3l per cent., 1957-60 (£555), £lOl 7s 6d; Dunlop, N.Z., ord. (100), 14s 4d; Dunlop, N.Z., pref. (150), 15s 8d; N.Z. Refrigerating, cont. (100), 18s; Australian Foundation Trust (250), 6s.

OTHER EXCHANGES SYDNEY Resumption of business on the Sydney Stock Exchange yesterday after the holiday was on a firm to improved basis. In spite of the demand for scrip, the turnover was light. Sales.—Bank of N.S.W., £37 12s 6d; National Bank, 12s 6d paid, 21s; Commercial Bank of Australia, 22s 3d; Tooths, 79s 6d; Wilcox Mofflin, 18s 3d; Mount Morgan, 9s 6d; Electro Zinc, 745; and preference shares 74s 3d; Broken Hill South, 40s 3d; North Broken Hill, 78s 6d; Larut, 9s sd; Placer Development, £7 17s 6d; Kuala Kampar, 245; Rawang, 9s Id; Anthony Hordern, pref., 30s; Dunlop, 39s 9d; Hadfields, 16s; Zinc Corporation, £6 18s; Ngahere, 8s 3d; Associated News., pref., 22s 9d; A.CJ., 625; Claude Neon, 33s 6d; Coloftial Sugar, £55 17s 6d; David Jones, 55s 6d; Drug Houses, 40s. MELBOURNE Sales.—Commercial Bank of Australia, 22s 6d; National Bank (20s paid), 335; Goldsbrough, Mort, 355; Associated News, 19s 6d; Aust. Paper, 375; A.C.1., 625; British Tobacco, 50s 6d; Broken Hill Proprietary, 50s 6d; Cox Bros., Us 3d; Dunlop, 39s 9d; Electro. Zinc, 73s 9d; Electro. Zinc (pref.), 745; Felt and Textiles, S9s

6d; G. J. Coles, 625; Herald# 80s; Hume Pipe, 25s 6d; South Broken Hili’, 40s 3d; North Broken Hill, 78s 6d; Mount Lyell, 28s 9d; Emperor, 18s 3d; Loloma, 21s 9d; Mount Morgan, 9s 6d; Wellington, 3s lid.

’ £ s. d. Variation. N.Z. Farmers’ Co-op. (10s paid) (100; 100; 102) 0 11 0 4-3d Evans Atlas Flour (200; 100) 16 6 — Macduffs (100; 55) 2 9 0 N.C. Macduffs (100) 2 8 9 —3d McKenzies, Ltd. (100) 3 7 6 N.C. Woolworths (100) 13 0 4-ld Sales Reported, Listed £900 3 p.c., Dec., '53-56 (L.S.Y.) 100 7 6 - 4 p.c., 1952-55 (£470) 104 15 0 — Ballins Breweries (100) (L.S.Y.) 1 15 0 4-1/-Taupiri Coal (62) (odd) 4 10 0 4-3/6 Dalgety and Co. (50) 10 5 0 N.C. Aust. Found. Invest. (554; 250) 0 6 0 N.C. Macduffs (100) 2 8 9 —3d Mason, Struthers (14s pd.) (500; 500) 0 16 3 N.C. Wilcox, Mofflin (300) .. B.H.P. (100) 0 18 6 - , 2 10 9 —3d

LATEST QUOTATIONS Buyers. £ s. d. Sellers. £ s. CL Banks— Comm, of Aust. .. ■ 2 0 Comm, of Syd. 24 0 0 E.» S., and A. 6 17 6 Natl, of A’asia, SI 12 3 — 12/6 1 0 3 MM Natl, of N.Z. — 3 7 0 N.S.W. 37 5 0 mm Union .. — 10 17 6 Breweries— Ballins 2 14 9 1 15 6 New Zealand 2 15 3 Swan — 2 2 6 Tooheys .. r 16 0 —— Tooths 3 17 0 4 0 0 Westland, c.d. .• 2 3 0 —m Coal— Taupiri .. 4 9 0 4 10 6 Frozen Meat— Canterbury 15 0 0 —. Pref. 8 2 6 .. i. N.Z. Refrig., (£1 paid) 1 16 3 —— 10s paid 0 17 11 Southland — 3 4 6 Gas— Auckland .. 0 7 8 — Christchurch .. 1 6 0 10s paid .. 0 12 6 0 13 0 Insurance— FA..M.E. *— 1 5 3 National .. 1 7 0 New Zealand 19 0 mm South British 4 11 0 4 12 0 Standard 4 11 0 Loan and Agency— C.F.C.A., ord. 1 6 6 Dalgety 10 5 0 10 10 0 Goldsbrough, Mort 14 0 1 15 0 Invinc. Bldg. 5 7 6 Mutual Benefit 19 5 0 mm Nat. Mort. "A” .. q 12 0 Nat. Mort. "B” .. 2 6 0 N.Z.F. Co-op. 0 11 3 1st pref. 6 15 0 “A” pref. / .. 4 6 0 “B” pref. 4 6 0 4i p.c. Stk., ’55 . 101 17 6 — N.Z. Guar. Corpn. 0 5 0 — N.Z. L. and Merc. (ord.) 117 0 0 Perm. Invest. 11 10 0 United Bldg. 1 4 3 Woollens— Kaiapoi (17s pd.) 1 6 0 1 6 9 Timaru 1 9 6 Miscellaneous— Alloy Steel (N.Z.) —— 2 16 0 Anthony Hordern 1 9 0 Bartholomew Tim. — 1 13 6 Aust. C.I. 3 1 0 Aust Foun. Invest. 0 6 0 0 *6 ,2 Beath and Co. .. 2 8 0 2 10 0 Is paid 0 14 0 __ Berlei (N.Z.), rts. 3 2 0 Booth, Macdonald 0 3 3 Pref. 0 13 10 Broken Hill Pty. .. 2 10 3 2 10 0 Cant. Roller Flour 0 15 3 Colonial Sugar 55 0 0 . Cribb and Foote .. 0 19 0 Dom. Bldrs. 0 9 0 M— Donaghy’s Rope .. 3 10 0 —— D.I.C. (10s pd.) .. 1 12 0 mm Dunlop Rubber* .. 1 18 9 2 0 0 N.Z., 15s paid .. 0 14 2 0 14 6 Pref., 15s paid .. 0 15 6 Electro. Zinc (ord.) c.d. 3 13 0 3 13 6 Pref., c.d. 3 13 0 Evans Atlas 1 6 3 mm Fletcher Hold., pref. 1 16 6 G. J. Coles 4 2 0 Hadfields, c.d. 0 15 0 0 17 6 Hume Pipe (Aust.) 5 0 1 5 6 Kauri Timber 1 14 9 K.D.V. Boxes — 0 13 9 Mas., Struthers, £1 paid 4 3 14s paid 0 16 3 0 16 8 Matches, N.Z. — 0 18 3 Morts Dock — 1 7 0 Macduffs — 2 9 0 McKenzies 3 7 0 —— McKendrick Bros. 1 14 0 — N.Z. Drug 5 15 0 N.Z Newspapers .. 2 7 6 2 8 6 N.Z Paper Mills . 2 3 6 — Radio (1936) 0 16 3 — Reid Rubber 7 0 — Part paid 0 10 0 mm Selfridges —— 2 11 0 Taringamutu Timb. — 1 0 0 Tingey, pref. 1 12 0 m— United Provis., c.d. — 1 1 0 Wilcox, Mofflin, rts 0 6 0 — Wilcox Mofflin — 0 18 9 Wilsons Cement .. 0 18 4 0 18 9 W’worths (ord.) .. 1 2 9 1 3 0 N.Z., ord. — 1 9 0 W. R. Cooke, Son 0 6 0 0 7 0 Zealandia Soap 0 16 3 — Unlisted Stocks Buyers. Sellers. £ s d. £ s d. Amalg. Batteries .. Pref. 1 0 6 6 Ch.ch. Press 13 10 0 — Korma Textiles, pref. — 1 9 6 Prudential Build. —— 1 1 9 N.Z. Fisheries —— 0 19 0 Reece, Ltd., E. ord. 0 1 3 0 1 6 (Pref.) 0 11 6 0 12 0 Regent Theatre 0 15 0 — Wil. Jeffry, rts. .. m*. 0 11 3 Self ridges (cont.) — 0 16 a Taramakau, 5s pd. 0 7 4 MM Whakatane Paper 0 7 11 0 8 2 (Pref.) 1 8 6 —