COMMERCIAL

Press, Volume LXXXIII, Issue 25310, 9 October 1947, Page 8

COMMERCIAL

STOCK EXCHANGES

MARKETS QUIET Markets were quiet on the Christchurch Stock Exchange yesterday, but more trading took place in Government stocks. In other sections of the market there was a lack of buying support. Price levels on the whole were well maintained.

DOMINION TRANSACTIONS CHRISTCHURCH

AUCKLAND Sales.—l/10/53, 2J per cent. (£490), £96 17s 6d; 15/5/53-56, 3 per cent. (£500), £lOO Ils 3d; 15/12/53-56, 3 per cent. (£2000), £lOO 6s 3d; 15/2/55-58, 3 per cent. (£3500), £99 15s; 15/4/56-59, 3 per cent. (£5000), £lOO 15s; Bank of Australasia (10). £ll ss; Union Bank (50), £lO 15s; Renown Coal, pref. (600), 3s; Taupiri Coal (120), 90s, and (50), 90s 6d; Auckland Gas (100), 7s 10a; South British Insurance (200),' 91s 6d; Dalgety’s (100), £lO ss; Berlei N.Z., rights (45). 60s; B.H. Pty. (100), 50s 9d; Dunlop N.Z., pref. (125), 15s 9d; David Jones (224), 55s 3d; Coles (50), 81s 6d; H. 8., Ltd. (100), 32s Cd; K.D.V. (243), 13s sd; Macky Logan (75), 43s 6d; Wilson’s Cement (100), 18s 6d; Woolworths N.Z. (100), 28s 9d; Mount Morgan (900), 9s sd. WELLINGTON Sales.—Late Tuesday: 3 p.c. 15/4/56-59 (£5000), £lOO 15s; Fletcher Holdings (500), £1 17s 6d. Yesterday: 3 per cent. 15/9/5255 (£200), £99 12s 6d; 3 per cent. 15/5/5356 (£400), £lOO 10s; 3J per cent. 15/1/5357 (£700), £lO2 10s; 4 per cent. 15/6/5255 (£500), £lO4 12s 6d; 4 per cent. 31/5/54-58 (£sofr), £lO6 10s; 2J per cent. 15/4/50-51 (£550), £99 15s; 3 per cent. 15/4/56-59 (£300), £lOO 15s; 3 per cent. 15/12/53-56 (£400). £lOO 7s 6d; 4 per cent. 15/6/52-55 (£250), £lO4 12s 6d; 4 per cent. 31/5/54-53 (350), £lO6 10s; Electrolytic Zinc, ord., cum div. (323), £3 13s 6d; J. J. Niven and Company (100), £1 18s; McKenzies Dept. Stores, 2 sales (100), £3 7s 3d; Hallenstein (100), £1 12s 3d; 2J per cent. 15/6/47-49 (£1000), £100; 2$ per cent. 15/2/49-50 (£300), £99 15s; 3 per cent. 1/8/51-54 (£500), £100; 3 per cent. 15/9/52-55, 2 sales (£2250), £99 12s 6d; 3 per cent. 15/5/53-56 (£500). £lOO 10s; Woolworths, N.Z. (100), £1 9s; Macduffs, ord. (100), £2 8s 9d; Electrolytic Zinc, ord., odd parcel, cum div. (38), £3 13s 3d. Unlisted.—E. W. Mills' (80), £6. DUNEDIN Sales.—Hallenstein Bros. (100), 32s 3d. Sales Reported.—Mount Morgan (400), ■9s sd; Woolworths, Ltd. (300), 22s lid; 3 per cent. Stock, 1957-60 (£500), £lOO 10s; Electro. Zinc, pref. (100), 73s 3d.

OTHER EXCHANGES SYDNEY ITie number of post-war record prices paid for shares was a feature of the Sydney Stock Exchange market Yesterday Among these were Electrolytic Zinc Morris Hedstrom, and Hadfields. The leaders were generally firm. Sales.—Bank of N.S.W.. £37 12s 6dCommercial Bank of Sydney, £24 12s; National Bank, 20s paid, 32s 9d; Tooths 80s; Wilcox Moffiin, 18s; Mount Morgan,

9s 6d; Mount Lyell, 28s 9d; Electrolytic Zinc, 74s and preference, 74s 3d; Broken Hill Pty., 51s; Broken Hill Ndrth, 78s 6d; Broken Hill South, 40s 3d; Bulolo, £8 10s; Kuala Ksmpar, 245; Rawang. 8s lidPlacer Development, £8; Oil Search, 6s 6d; A.C.1., 62s 3d; Anthony Hordern. 30s; Bradford Cotton, 545; British Tobacco, 50s 9d; Colonial Sugar, £56; Dunlop, 39s 9d; Hume Pipe. 255, 3d; Hadfields, 16s 3d; Morns Hedstrom, 54s 9d; Wool worths, 235; Yarra Falls, 57s 9d. MELBOURNE Sales.—Commercial Bank of Australia ?? s i 6d ’nA H i^ da > rt Parker - 60s; Associated 8d: Aust - Pa P er « 375; A.C.1.. 625; British Tobacco, 50s 6d; Cox Bros., Ils 4d•Drug Houses (new), 39s 9d; Electro. Zinc (pref.), 745; Email, 39s Felt and Textiles, 59s 9d; Hurne Pipe, 25s 6d; New Broken Hill. 48s; Zinc Corporation, £6 19sEmperor, 18s 3d; Loloma, 21s 6d; Mount Morgan. 9s 7d; Oil Search. 6s 7d.

Sales on ’Change. Listec £ s. d Variation. 3 p.c. Dec., 1953-56 (£1000) 100 7 6 —— Dunlop N.Z., ord. (100) 0 Sales Reported 14 3 — 3d 2J p.c., 1950-51 (£500) 99 12 6 3 p.c., 1956-59 (£500), (L.S.Y.) 100 12 6 —• Sth. Brit. Insurance, c.d. (200) 4 11 6 —3d Dalgety and Co. (50) 10 5 0 N.C. Aust. Found. Invest. (720) (odd) 0 6 0 N.C. G. J. Coles (50) 4 1 3 -1/9 Macduffs (pref.) (400), (L.S.Y.) 1 9 0 N.C. Sales Reported, Unlistec Whakatane Paper Mills (125) 0 7 0 — 2d

LATEST QUOTATIONS Buyers. Sellers. £ s. d.» £ s. d. Banks— Comm, of Aust. . i 2 0 1 2 4 Comm, of Syd. 24 0 0 — E., S., and A. — 6 17 6 Nat. of A’asia, £1 1 12 6 — 12/6 1 0 6 — Natl, of N.Z. — 3 7 0 -\N.S.W. 37 5 0 37 12 6 Breweries— Ballins ... ■ 14 3 —— Dominion 3 10 3 New Zealand 2 15 0 Swan 2 2 6 Tooheys 1 16 0 — Tooths 3 17 0 — Westland 2 3 0 Coal— Taupiri 4 9 0 Frozen MeatCanterbury ■ 15 0 '0 16 0 0 Pref 8 2 6 N.Z. Refrig.. (£1 paid) 1 16 6 — 10s paid 0 17 11 — Southland — 3 4 6 GasAuckland . 0 7 8 Christchurch 1 6 3 Timaru 0 8 0 0 12 0 Insurance — F.A.M.E. — 1 5 3 National 0 New Zealand 5 1 0 South British, c.d 11 0 4 12 0 Standard 4 11 0 Loan and Agency— C.F.C.A., ord. 1 6 0 — Chch. Bldg. 21 10 0 Dalgety 10 5 0 —— Goldsbrough, Mort 1 14 0 ___ Invinc. Bldg. 5 7 6 Mutual Benefit 19 5 0 • Nat. Mort. *‘B” .. 2 •6 0 .... N.Z.F. Co-op. 0 11 1 0 11 5 1st pref. 6 16 0 — —. ’“A” pref. 4 9 0 __ "B” pref. >. 4 9 0 — 4J p.c. Stk., ’50 . 101 10 0 4| p.c. Stk., '55 . 101 17 6 __ N.Z.' Guar. Corp x.d. 0 5 0 0 5 6 N.Z. L. and Merc. (ord.) ..117 0 0 Perm. Invest. 11 10 0 United Bldg. 1 4 3 Shipping— Huddart Parker, pf. 1 12 6 —— Union (pref.) 1 13 0 __ Woollens— Prune 2 7 0 Felt and Tex. of N.Z.,, pref. 1 8 6 Kaiapoi (17s pd.) 1 5 9 1 ~6 9 Pref. 1 5 6 Timaru 9 6 Miscellaneous— Alloy Steel (N.Z.) — • 2 16 0 Andersons, pref. 1 6 0 Anthony Border 1 9 0 Bartholomew Tim. 1 13 6 Aust. Foun. Invest. 0 6 0 Beath and Co. . 2 8 6 2 10 0 • Is paid . 0 14 0 Booth, Mac., pre 0 13 3 0 13 11 Broken Hill Pty. . 2 10. 3 2 11 0 Canty. Roller Flour 0 14 3 0 15 3 Claude Neon N.Z. 2 5 0 2 9 0 Colonial Sugar 55 5 0 55 15 0 Consol. Brick 0 14 8 Cribb and Foote . 0 19 0 Dom. Builders 0 9 3 Donaghy’s Rope . 3 10 6 D.I.C. (10s nd.) . 12 0 Dunlop Rubber . 1 19 0 0 0 14 2 15 6 0 14 6 Electro Zinc (ord.) c.d. 3 13 3 3 14 0 Pref., c.d. 3 13 3 Fletcher Holdings 1 17 0 Pref. 1 15 0 1 16 6 G. J. Coles 4 1 0 9 Hume Pipe (Aust.) 1 5 0 1 5 6 I.C.I.A., N.Z. (pf.) 1 7 0 Kauri Timber j 14 6 . K.D.V. Boxes 0 13 6 Mas., Struthers. £1 paid 1 4 3 14s paid 0 16 3 10s paid 0 12 0 0 12 6 Metters (N.Z.) 1 6 0 Milburn Lime 1 14 0 Matches, N.Z. 0 4.8 0 Morris Hedstrom 2 14 6 Morts Dock 1 11 Macduffs 2 9 0 Pref. 1 9 0 McKenzies 3 7 6 Nat. Electric __ 2 16 0 N.Z. Drug 5 14 6 N.Z. For. Prod. . 0 6 6 0 7 0 N.Z. Newspapers . 2 8 6 N.Z. Paper Mills . 2 5 6 Niven and Co. 1 19 6 Quill Morris (1936) 1 15 0 2 0 0 Radio (1936) 0 16 3 Reid Rubber 7 0 Part paid 0 10 0 Selfridges 2 10 6 Silknit __ 1 10 0 Taringamutu Timb. 1 0 Taupo Totara 0 17 g Turnbull and J. . 1 12 g United Prov. c.d 1 0 0 1 0 9 Wilcox, Mofflin 0 18 9 Rights 0 6 3 0 6 6 Wilson’s Cement . 0 18 3 0 18 W’worths (ord.) 1 2 9 1 3 N.Z., ord. 1 8 6 N.Z., pref. 2 2 0 W. R. Cooke anc Son Zealandia Soap 0 16 1 0 7 0 Unlisted Stocks Buyers. Sellers Amalg. Batteries . £ 1 s. d. 1 6 £ s d. Pref. 1 0 6 Ch.ch Press 13 10 0 Kerma Textiles pref. 1 9 Marathon Rub. . 2 4 0 Prudential Build g Mac., Caley, Phoen 2 4 9 15s paid __ 1 15 N.Z. Fisheries 0 19 Reece, Ltd., E. ord 0 1 3 0 1 (Pref.) 0 11 6 0 12 o Regent Theatre . Self ridges (con.) . 0 15 0 0 16 3 W. Aust. 2 0 3 Taramakau, 5s pd 0 7 4 Whakatane Pape 0 7 10 0 ~8 2 Pref. 1 7 6