COMMERCIAL

Press, Volume LXXXIII, Issue 25365, 12 December 1947, Page 10

COMMERCIAL

STOCK EXCHANGES MODERATE TURNOVER A moderate turnover was recorded on the Christchurch Stock Exchange yesterday, but dealings were restricted mainly to Government stock. Australian industrials appeared firm at late rates, but chain stores were weaker. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change . £ s. d. Varia-

AUCKLAND Sales.—l/8/51-54, 3 per cent. (£800), £lOO 12s 6d; 15/9/52-55, 3 per cent. (£800), £lOO 6s 3d; 15/5/53-56, 3 per cent. (£500), £99 15s; 15/12/53-56, 3 per cent. (£950), £101; 15/2/55-58, 3 per cent. (£750). £lOO, 7s 6d; 15/5/49-52, 4 per cent. (£3310), £lOl 12s 6d; 15/6/52-55, 4 per cent. (£300), £lO5 8s 9d; National Savings Bonds, 16/6/48 (£100), £9B ss; and 10/7/48 (£211), £lll 10s; Auckland City, 1/10/59, 41 per cent. (£1500), £lO9 ss; Commercial Bank of Australia (100), 225; Bank N.S.W. (5), £37 15s; Auckland Gas (1978), 8s Id; South British Insurance (600), 90s 3d; Felt and Textiles, Aus. (150). 645; B.H. Pty. (450), 55s 6d; Colonial Sugar (15), £5B 15s; Consolidated Brick (450), 14s 9d; Electro Zinc (150>, 735; Farmers’ Trading (200), 39s 6d; Farmers Fertiliser (100), 31s 9d; Radio, new issue (100), 18s; Reid Rubber (200), 26s 6d; Wool worths, Sydney (150), 24s 9d; Woolworths Properties (100), 31s 6d. Unlisted: Winstone, rts. (35), 12s. WELLINGTON Sales.—Late Wednesday: 3 per cent., 15/11/57-60 (£2815), £99 12s 6d; Felt and Textiles of N.Z. (100), 575; Consolidated Brick (500), 14s 9d; Reid Rubber (200), 26s 6d; Dunlop, N.Z., Ltd., pref., ex div. (150), 15s3d. Sales—Yesterday: 4 per cent. 15/5/49-52 (£3310), £lOl 12s 6d; 3 per cent., 15/12/58-56 (£300), £101; Commercial Bank of Aust. (400). 21s 9d; Reid Rubber, cont. (100), 10s 9d; 2J per cent., 1/10/53 (£5490), £97 ss; South British Insurance (50), 90s 3d; Felt and Textiles of N.Z. (50), 575; 100, preference, 28s, and (100), 27s 9d; Metters, N.Z. (100), 275; Turnbull and Jones (300), 15s paid, 27s 6d and (200) 27s 6d; Consolidated Brick (450), 14s 9d; Woolworths, Ltd., 2 sales (300), 24s lid; Wilson's Cement (100), 18s 3d; Dunlop, N.Z., Ltd., ordinary, 2 sales (250), 14s 6d; Reid Rubber (200), 26s 6d. DUNEDIN Sales on ’Change.— National Insurance (100), 24s 9d. Sales Reported.—Bank df Adelaide (25), £7 14s 6d; Dominion Fertiliser (100), 28s 9d; Mount Lyell (200), 31s,

INVERCARGILL Sales Reported.— Mount Lyell (100), 30s 7d; Gibson Howes, Ltd. (200), 41s 7d; National Bank of Australasia (100), 31s 2d and 12s 6d paid (160), odd parcel, 19s lOd; Huddart, Parker (150), 61s 9d; Australian Paper Pulp (100), 38s 7d, and (200), 38s 4d; 3 per cent., 1955-58 (£3500), £lOO 7s 6d; Australian Foundation Investment Trust (600), 6s 5Jd; Electrolytic Zinc, pref. (150), 72s 6d. Unlisted: Whakatane, ord. (200), 7s lOd.

OTHER EXCHANGES SYDNEY Widened activity on the Sydney Stock Exchange yesterday saw many shares advance m price. Broken Hill Proprietary reached the highest level for seven years and Mount Lyell touched a new peak. Sales: Bank of New South Wales, £37; Union Bank, £11; New Zealand Insurance. £5; Burns, Philp, 81s 6d; Tooths, 82s 9d; Tooheys, 40s 6d; Queensland Brewery, 41s 6d; Goldsbrough, 36s 6d; Mount Morgan, Ils lOd; Mount Lyell, 32s 6d; Broken Hill Prop., 56s 9d; North Broken Hill, 78s; South Broken Hill* 41s 6d; Wellington Alluvials, 4s; Placer Development, £9; A.C.1.. 655; Associated News. 18s 74d; ord., and pref., 225; Anthony Hordern, pref., 30s 7 id; British Tobacco, 52s 6d; Coles, 81s 9d; Colonial Sugar. £59: Claude Neon, 40s; Felt and Textiles, 64s 9d; Hadfields, 15s 4d; Morts Dock, 28s 3d; New Zealand Forest. 6s 3d; Woolworths, New Zealand, 30s 6d. MELBOURNE Sales.—E., S., and A. Bank. £6 18s 6d; Carlton Brewery, 77s 6d; Huddart Parker, 625; Dunlop, 42s 9d; Herald, 77s 6d; Myers, 48s 6d; Woolworths, 24s 9d; Yarra Falls, 625; New Broken Hill, 48s; North Broken Hill, 78s 8d; Emperor, 18s 4d; Loloma, 22s 6d; Mount Morgan, Ils lid; Oil Search, 7s 6d.

Dunedin Stock Exchange.— lnterim dividend for the half-year ended October 31 at the rate of 6 per cent, per annum will be payable on December 15. Transfer books of the proprietary will be closed from December 9 to 15.

W’worths (100) 14 9 tion. -3d Sales Reported 2J p.c., 1949-50 (£1200; £500), L.S.Y. 99 15 0 — 3 p.C., 1955-58 (£3500) .. 100 7 6 — 3 p.c. 1957-60 (£585) .. 99 12 6 —• Chch. Drain. (44 p.c., 31/12/65) (£200) 114 0 0 —• N.Z. Breweries (225) .. 2 15 3 +3d Dunlop Rubber (50) 2 3 0 —— Turnbull and Jones (100; 200) 17 6 N.C. Sharland and Co. (pref.) (100) W’worths. (100) 3 10 14 9 —3d

LATEST QUOTATIONS Buyers. Sellers.* Banks— Australasia — 11 6 0 • Comm, of Aust. 1 1 9 2 0 Comm, of Sydney 24 15 0 « Nat. of A’sia (£1) — 1 11 6 New South Wales 37 0 0 Union Breweries — 10 19 0 Ballins — 1 19 0 New Zealand 2 15 0 Swan 2 3 0 Tooheys .. Coal— — 2 1 0 Taupiri Frozen Meat— — 4 12 6 Canterbury, x.d. .. —— 16 7 6 Gear 1 15 0 —— N.Z. Refrig. £1 pd. __ 2 0 0 10s paid 0 19 6 1 0 0 Southland Gfls— — 3 10 0 Auckland .. 0 2 9 5s paid .. 1 6 6 —— Christchurch .. 0 12 9 — F.A.M.E. 0 19 0 1 2 0 Pref. 1 4 6 National 1 4 6 1 5 6 New Zealand 4 19 6 — ' Standard Loan and Agency— — 4 8 0 C.F.C.A., ord. 1 5 0 1 7 0 Dalgety — 11 7 6 Golds., Mort. 1 15 7 1 16 6 Invincible' Build. .. 5 10 0 — Mutual Benefit 19 12 6 — N.Z.F. Co-op. 0 11 2 Frst pref. — 7 5 0 "A" pref. 4 11 9 — “B” pref. 4 11 9 — ~ N.Z. Guar. Corpn. 0 5 6 __ Perm. Investment Woollens— 11 10 0 — Felts, pref. Felt and Textiles 1 7 6 — Melb. Reg. Felt and Textiles — 3 5 0 of N.Z. 1 7 6 Kaiapoi (pref.) 1 6 6 — Timaru ' .. Miscellaneous— 1 9 6 — Alloy Steel (N.Z.) 2 13 0 2 16 0 Aust. C.I. 3 5 6 Beath and Co. 2 12 6 2 15 0 (is paid) 0 19 0 ___ Booth Mac., pref. 0 13 9 British Tobacto .. — 2 12 9 Broken Hill Pty. 2 15 9 2 16 0 Burns, Philp 4 0 0 ___ Canty. Roller Flour 0 15 6 __ Claude Neon, N.Z. 2 6 0 — Colonial Sugar 58 15 0 Consolid. Brick 0 14 6 0 15 0 Denhard Bakeries 0 11 0 0 15 0 Dunlop Rubber *— 2 3 0 Dunlop, N.Z. 0 14 6 Electro. Zinc (ord.) 3 11 6 3 13 0 Pref. 3 11 3 3 13 0 Frozeh Products .. 1 0 6 G. J. Coles ___ 4 2 6 Hadfields .— 0 15 6 Hay’s, Ltd. N.F.P. 3 10 0 Hume Pipe (Aust.) I.C.I.A.N.Z. (pf.) .. 1 8 0 ._ 1 7 0 K.D.V. Boxes ‘ 0 14 0 Macky Logan Mas. Struthers, £1 2 4 0 paid 14s paid 1 5 6 0 16 3 10s paid' 0 12 9 M.K Manufacturers Morris Hedstrom, — 0 14 3 c.d. 2 17 0 Morts Dock 1 7 10 8 2 Macduffs 2 19 9 Pref 10 0 McKenzies, c.d. 3 8 0 National Electric .. 2 14 0 . N.Z. Drug 6 0 0 N.Z Newspapers .. 2 11 6 Niven and Co. — 19 6 Quill Morris (1936) ___ 2 0 0 Standard Cement ___ 9 6 Taringamutu Timb. __ 0 19 6 Taupo Totara ’ 0 19 0 1 0 0 Turnbull and J. .. 1 9 0 United Prov. __ 0 o Whit, and Tombs 8 3 6 Wilson’s Cement .. 0 18 W’worths (ord.) .. 1 4 8 1 4 9 (N.Z.) ord. — 10 5 Zealandia Soap 0 16 9 UNLISTED STOCK Amalgam’d Batt. 1 1 6 Pref. 1 0 6 Aust. Invest. Trust 0 16 9 . Aust. Mot. Petrol 1 4 0 5 6 Avon Metal 1 2 6 Chch. Press 13 7 6. Mount Cook Tours 0 10 0 Marathon Rubber 1 7 0 N.Z. Fisheries 0 18 3 Para Rubber 1 ~3 6 E. Reece, Ltd., pf. 0 1 0 Regent Theatre 0 11 0 Whakatane Paper 0 8 0