COMMERCIAL

Press, Volume LXXXIII, Issue 25346, 20 November 1947, Page 11

COMMERCIAL

STOCK EXCHANGES A QUIET DAY The morning call on the Christchurch stock Exchange yesterday was adjourned from 10 o’clock till 11 o'clock after the passing of a resolution of sympathy with P 1 e relatives and friends of those who lost their lives in Tuesday’s tragic fire, a ? < L no af terno©n call was held, because of the municipal elections. Although only three stocks were dealt in at the adjourned call, prices generally were well maintained. DOMINION TRANSACTIONS CHtISTCHI’SCB Sales on 'Change £. s. d. VariaMutual Benefit (10) .. 19 10 0 * Sales Reported 21 p.c., 1953 (£5OO, £840) 97 0 0 McKenzies, Ltd. (100) .. 3 9 0 +l/6 AUCKLAND Sales.—ls/6/47-49, 21 per cent. (£200), £10« 2s tfd; 15/2/49-50, 21 per cent. £2450), £99 15s; 15/4/50-51, 21 per cent. (£1100), £9B 17s 6d; 15/5/53-56, 3 per cent. (£500), £99 12s 6d; N.Z. Insurance. (50), £5 Is; Wright, Stephenson (200), 39s 6d; Felt and Textiles, Australia (600), 61s 3d; Colonial Sugar (50), £57 10s; Chas. Begg, rights (1000), 7s; Farmers’ Trading (200), 39s 6d; N.Z. Newspapers (55), 50s; N.Z. Refrigerating, con. (250), 20s; Reid Rubber (100), 28s; Silknit, N.Z. (100), 31s; Woolworths, Sydney (200), 24s 8d; Mount Morgan (278), 10s 9d. Unlisted: Korma, pf. (100), 31s (ex div.). WELLINGTON Sales.—Late Tuesday: 21 per cent., 15/2/49-50 (2 sales, £2400), £99 15s; 3 p.c., 15/2/55-58 (2 sales, £550), £lOO ss; N.Z. Insurance (50), £5 Is; Silknit, N2., Ltd. (100), 31s; N.Z. Forest Products (100), 7s; G. J. Coles and Co. (50), 83s 6d. Yesterday: New Broken Hill (200), 49s 9d; 21 per cent., 15/5/48 (£250), £99 10s; 3 per cent., 15/11/57-60 (£530), £99 10s; Macduffs. Ltd., pref. (100), 30s; N.Z. Insurance (50), £5 Is; South British Insurance (50), 91s 3d. (The Press Association advise that the sale of 100 ordinary shares of William Cable and Company, reported' yesterday at 34s 7d, should have been at 345.) DUNEDIN Sales.—Felt and Textiles, N.Z., pref. (100), 28s 9d. Sales Reported.—National Bank of N.Z. (200). 70s 9d; Union Bank (late sale, 100, 30). £11; Kaiapoi Woollens, ord. (late sale, 300 ) 275; Chas. Begg, rights (100), 7s 9d; Consolidated Brick (200), 14s 4d; K.F., N.Z. Drug (63). £6; N.Z. Paper Mills (late sales, 100, 110), 45s 6d, and (133), 45s 9d. LATEST QUOTATIONS Buyers. Sellers. £ 6. d. £ s. d.

OTHER EXCHANGES SYDNEY Prices rose sharply among leading industrials on the Sydney Stock Exchange yesterday. Broken Hill Proprietary advanced Is to a new high level, and Hume Pipe also notched a post-war record. Sales.— Bank of New South Wales, £39; Commercial Bank of Sydney, £25; Burns, Philp, 83s; Tooheys, 40s; Goldsbrough, 365; Wilcox, Mofflin (new issue), 19s; Mount Morgan, 10s lid; Mount Lyell, 31s; Electro. Zinc (pref.), 71s; Broken Hill Proprietary, 55s 3d; New Broken Hill, 49s 6d; South Broken Hill. 445; Wellington Alluvials, 3s 9d; Kuala Kampar, 24s 6d; Placer Development, £8 16s; A.C.1., 62s 6d; Associated News, 20s 7Jd, and preference. 23s 3d; Bradford Cotton, 55 s; British Tobacco, 50s 9d; Colonial Sugar, £57 10s; Dunlop, 42s 3d; Felt and Textiles. 62s 3d; General Industries, 335; Hume Pipe, 26s 6d; Morts Dock, 28s 4Jd; Woolworths, 24s 6d; W. R. Carpenter, 46s 6d; W. H. Soul, £5 17s; Yarra Falls, 60s 9d. MELBOURNE Sales.—Burns, Philp, 83s 6d; Huddart, Parker, 61s: Australasian Paper, 38s 3d; A.CI, 62s 9d: Hume Pipe, 26s 9d; Myers, 48s 9d; Nestles (pref.), 41s 2d; North Broken' Hill. 775; Emperor, 18s 3d; Oil Search, 7s lid.

Batiks— Comm, of Aust. .. 1 2 1 1 2 4 Comm, of Sydney 25 0 0 E., S., and A., c.d. — 6 19 0 Nit. of A’sia (£1) x.d. 1 11 6 1 12 3 (12/6), X.d. —— 1 2 4 National of N.Z. .. 3 10 3 MM N.S.W., x.d. 38 15 0 Union — 11 2 6 Breweries— Ballins 1 18 0 2 0 0 Dominion 3 14 0 MM Pref. 3 14 0 MM New Zealand — 2 18 9 Dunedin 1 19 0 MM Swan, c.d. — 2 3 0 Tooths 3 19 6 —— Coal— Kaitangata —— 1 18 0 Taupiri — 4 13 0 Renown —— 1 10 6 Frozen Meat— Canterbury 15 17 6 MM Gear 1 13 6 MM N.Z. Ref rig. (£1 paid) .. 2 0 0 MM N.Z. Refrig. (10s paid) .. —— 1 0 2 Nth. Cant, (pref.) 1 3 6 MM Southland MM 3 12 6 GasChristchurch 1 6 4 MM 10s paid 0 12 3 MM Timaru —— 0 12 0 Insurance— F.A.M.E. MM 1 5 3 Pref. MM 1 7 0 National m— 1 6 0 New Zealand 5 0 6 MM Standard MM 4 9 6 Loan and Agency— C.F.C.A., ord. M— 1 7 0 Dalgety 11 0 0 M— Invinc. Bldg. 5 10 0 MM Mutual Benefit 19 5 0 MM Natl. Mort., "A” .. 4 17 0 — N.Z.F. Co-op. ... 0 11 0 0 11 5 First pref. MM 7 10 0 "A” Pref. 4 11 0 — “B” Pref. 4 11 0 4 14 0 41 p.c. Stock, '50 — 103 5 0 41 p.c. Stock, 1955 N.Z. Guar. Corpn. 102 5 0 MM 0 5 0 0 5 3 Perm. Invest. 11 10 0 MM Shipping— Huddart Parker .. 3 0 0 M— Pref. 1 12 6 — Union (pref.) 1 13 9 — Woollens— Felt and Textiles 3 1 3 —M Felt and Text., N.Z. — 2 19 6 Kaiapoi, 17s pd. .. MM 1 7 6 Timaru. c.d. 1 10 0 MM Wellington 10 0 0 — Miscellaneous— Alloy Steel (N.Z.) —— 2 16 0 Aust. FI. 0 6 0 — Beath and Co. 2 10 0 2 13 0 (Is paid) 0 15 0 1 0 0 Booth, Mac., pref. 0 13 6 0 13 9 British Tobacco .. 2 9 9 MM Broken Hill Pty. .. 2 14 0 M— Burns, Philp —— 4 5 0 Chas. Begg, rts. .. Colonial Sugar MM 0 9 0 57 5 0 MM Consolid. Brick MM 0 14 9 Dunlop Rubber 2 1 6 2 2 6 Dunlop, N.Z., pref. — 0 15 11 Electro. Zinc., ord. 3 10 3 3 12 0 Pref. 3 10 3 3 12 0 Fletcher Holdings, c.d. 1 17 9 1 18 6 Frozen Products .. 1 0 0 MM G. J. Coles 4 3 0 4 3 6 Hadfields 0 15 6 —M Hume Pipe (Aust.) 1 5 3 MM I.C.I.A.N.Z. (pref.) 1 7 3 Kauri Timber 1 18 0 MM Mas. Struthers, £1 paid 14s paid Morris, Hedstrom, 1 4 6 MM 0 16 3 — c.d. 2 16 0 M— Macduffs 2 18 0 3 0 0 Pref 1 8 9 1 10 0 McKenzies 3 9 0 M— National Electric .. 2 15 9 M— N.Z. Drug — 6 1 0 N.Z. Newspapers .. 2 10 0 2 12 0 Reid Rubber, part paid (cum div.) 0 10 9 0 11 6 Sanford MM 0 14 0 Selfridges, x.d. — 2 11 0 Silknit 1 9 9 — Taringamutu Timb. —— 1 0 0 Taupo Totara 0 17 6 Turnbull and J. .. 1 8 0 1 10 9 United Provisions 0 19 9 1 1 0 . Wilcox, Mofflin 0 19 0 M— Wilson’s Cem., c.d. 0 18 6 0 19 0 W’worths., ord. 1 4 6 1 4 9 (N.Z.), ord., x.d. — 1 10 0 W. R. Cooke and Son 0 6 0 MM Zealandia Soap UNLISTED 0 16 STO( 9 — Amal. Batteries 1 1 *6 MM Pref. 1 0 6 MM Aust. Invest. Trust 0 17 0 0 18 0 Avon Metal, x.d. 1 4 9 MM Christchurch Press 13 10 0 13 17 6 Korma Text., x.d. 1 9 0 MM Marathon Rubber 1 6 6 — N.Z. Fisheries — 0 19 0 Whakatane Paper 0 7 11 —