STOCK EXCHANGES

Press, Volume LXXXIII, Issue 25366, 13 December 1947, Page 9

STOCK EXCHANGES

AN AVERAGE DAY There was a fair volume of business on the Christchurch Stock Exchange yesterday, and prices generally were firm. Further advances were revealed in the prices of Broken Hill Colonial Sugar, New Zealand Farmers’ Co-opera-tive Association, and Mount Lyell shares. DOMINION TRANSACTIONS CHRISTCHURCH '

AUCKLAND Sales.—ls/6/47-49, 2J p.c. (£3160), £lOO ss, and (£4000), £lOO 6s 3d; 1/10/53, 2fc per cent. (£2350), £97 7s 6d; 15/12/53-56, 3 per cent. (£600), £101; Commercial Bank of Australia (500), 21s 9d, and preference (60), £11; National Bank N.Z. (100), 725; N.Z. Insurance (300), £5; South British Insurance (100), 90s 3d; Felt and Textiles, Aus. (500), 645; Felt and Textiles, N.Z., pf. (200), 27s 9d; B.H. Pty. (100), 565; Cox (500), 10s 4d; Dunlop, N.Z., pf. (100), 15s .3d; Macky Logan (100), 45s 3d; N.Z. Refrigerating, con. (200), 19s 6d; Macduffs (100), 595; Turnbull and Jones (10(n, 27s 6d; Loloma (100), 225; Mount Lyell (100), 325. Unlisted: N.Z. Indust., ex. div. (200), 36s 6d; Taramakau (100), 8s; Winstone, rts. (210), 10s.

WELLINGTON Sales.—Late Thursday: 3 p.c. 15/4/60-63, 2 sales (£4240), £99 17s 6d; 3 p.c. 1/8/51-54 (£800), £lOO 12s 6d; 3 per cent., 15/9/5255 (£400), £lOO 6s 3d; 34 per cent., 15/9/57-60 (£1030), £102; Commercial Bank of Aust. (100), £1 2s; Felt and Textiles, N.Z. (100), 575; Turnbull and Jones, 15s paid (200), 27s 6d; Dunlop, N.Z., Ltd., pref., ex div. (100), 15s 3d; Dunlop Rubber, Aust. (50), 435; Sharland and Co., pf. (100), 61s. Sales: Yesterday: 3 per cent. 15/12/53-56 (£1500), £101; 3 per cent. 15/4/60-63 (£500), £99 17s 6d; 3 per cent., 15/11/57-60 (£200), £99 12s 6d; Gear Meat,. 2 sales (450), 35s 6d; N.Z. Forest Products,’ pref. (100), 12s IJd; Macduffs, Ltd., ord. (50), 59s 6d; Felt and Textiles, N.Z., pref. 2 sales (200), 27s 9d; 3J per cent., 1/10/53 (£3350), £97 6s 3d; 3 per cent., 15/2/55-58 (£500), £lOO 7s 6d; 3 per cent., 15/4/60-63, 2 sales (£1725), £99 17s 6d; 31 per cent., 15/1/53-57 (£330), £103; 4 per cent., 15/6/52-55 (£200), £lO5 3s 9d; Dunlop, N.Z., Ltd., pref., ex div. (150), 15s 3d; Colonial Sugar (25), £5B 15s; McKenzies Dept. Stores, ex div. (100), 68s 6d; Felt and Textiles, N.Z.), (100), 575. Unlisted: W. E. Woods, ex div. (200), 30s.

DUNEDIN Sales.—Broken Hill Pty. (100), 565; Sales reported: 3 per cent. 1960-63 (£3680), £99 17s 6d (£695), £99 17s 6d, and (£560), £99 17s 6d; 34 per cent., 1957-60, late sale (£1560), £102; Broken Hill Pty. (100), 565; Felt and Textiles of N-Zx ord. (150), 575; N.Z. Paper Mills (100), 45s 9d.

OTHER EXCHANGES SYDNEY A slackening of demand rather than any marked inclination on the part of folders to sell appeared mainly responsible for

some easing in prices on the Sydney Stock Exchange yesterday. Sales: Bank of New South Wales, £37 ss; Commercial Banking, Sydney, £24 7s; Tooths, 82s 6d; Tooheys, 40s 6d; Willcox, Moffiin, 19s 7Jd; Anthony Hordern’ 295; Bradford Cotton, 53s 9d; British Tobacco, 52s 6d; Dunlop, 42s 3d; Farmers, 47s 9d; Bonds Industries, 35s 9d; Woolworths, 24s 6d; N.Z. Forest, 6s 3d; Colonial Sugar, £5B 15s; Broken Hill Pty., 56s 6d; Mount Morgan, 12s; Mount Lyell, 325; E. Larut, 10s 9d; Oil Search, 7s Bd. MELBOURNE Sales.—Commercial Bank of Australia. 225; Commercial Bank of Sydney. £24 10s; A.C.1., 64s 6d; Cox Bros., 10s; Drug Houses, 425; Dunlop, 42s 8d; Howard Smith, 265; Kauri Timber, 365; Electro. Zinc, 735; North Broken Hill, 795; Loloma, 235; Wellington Alluvials. 4s Id.

Sales on ’Change £ 8. d. VariaN.Z.F. Co-op. (100) 0 11 2 4-3d N.Z. Guar. Corpn. (100) 0 5 .6 N.C. B.H.P. (100; 50; 50) 2 16 0 +3d Colonial Sugar (20) 58 15 0 4-7/6 Hadfields (IDO) 0 15 3 —2d Sales Reported 3 p.c., 1960-63 (200) .. 99 17 6 Gear Meat (450) 15 6 4-2/-Timaru Gas (125) 0 9 6 -3/6 South British Ins. (125) 4 10 3 —3d N.Z.F. Co-op. (200) 0 11 2 4-3d Colonial Sugar (20; 5) .. 58 15 0 4-7/6 N.Z. Paper Mills (100) .. 2 5 9 N.C. Turnbull and Jones (100) (L.S.Y.) 1 7 6 N.C. Mount Lyell (100) 1 11 9 4~9d

LATEST QUOTATIONS Buyers. Sellers. s d £ s. d. N.Z. Govt.— 2J 4 p.c. Ins., 15/6/47100 2 6 2} p.c. Ins., 15/2/4950 99 15 0 2J p.c. Ins., 15/4/4951 98 10 0 21 p.c. Ins.. 15/4/5051 98 15 0 —- 2 1 / a p.c. W. Loan, 1/10/53 97 2 6 — 3 jxc. Ins.. 1/8/51100 12 6 3 p.c. Ins., 15/9/5255 100 7 6 — 3 p.c. Ins., 15/5/5356 $9 15 0 3 p.c. Ins., 15/12/5356 101 0 0 101 10 0 3 p.c. Ins., 15/2/5558 100 5 0 100 10 0 3 p.c. Ins., 15/4/5659 99 10 0 99 15 0 3 p.c. Ins., 15/11/5760 99 10 0 — 3 p.c. Ins., 15/4/6063 99 15 0 — Wool Bonds, 1/2/49 1 1. 9 1 1 11 Banks— Comm, of Aust. .. 1 1 10 1 2 0 Comm, of Sydney. — 24 15 0 E., S., and A. — 6 18 0 Nat. of A’asia., 12/6 0 19 9 1 0 3 N.S.W. 37 5 0 38 5 0 Union —— 10 19 0 Breweries— Ballins —— 1 19 0 Dunedin 2 0 6 — New Zealand 2 15 3 2 16 6 Swan — 2 3 0 Tooheys 1 19 0 2 1 0 Coal— Taupiri 4 12 6 Frozen Meat— Canterbury — 16 3 0 Gear — 1 19 9 N.Z. Refrig. (£1 paid) 0 19 6 — North. Cantby., pf. —. 3 10 0 GasAuckland 0 8 0 —- Christchurch 6 6 10s paid 0 12 6 — Timaru 0 9 6 — Insurance— F.A.M.E. 0 19 0 1 2 0 Pref. 1 5 0 — National 1 4 9 — New Zealand — 5 1 0 South British 4 10 3 4 11 0 Standard — 4 7 9 Loan and Agency— C.F.C.A., ord. 1 5 0 1 *7 0 Dalgety —— 11 12 6 Golds., Mort 1 15 9 1 16 0 Invincible Building 5 10 0 Mutual Benefit 19 10 0 ao_. N.Z.F. Co-op. 0 11 1 First pref. 7 5 0 “A” pref. 4 12 0 — “B” pref. 4 12 0 — 41 p.c. Stk., *50 . 103 0 0 N.Z. Guar. Corpn. 0 5 6 — N.Z.L and Mer. (ord.) ___ 132 0 0 Perm. Invest. 11 10 0 Shipping— P. and O., x.d. 3 10 0 — Woollens— Felt and Textiles, Melb. Reg. —- 3 4 9 Felt. and Textiles of N.Z. — 2 17 6 Mosgiel 175 7 6 — Timaru i 9 6 —— Wellington Miscellaneous— 10 2 6 —

Alloy Steel (N.Z.) Aust. Foun. Invest 0 6 2 2 16 0 Beath and Co. 2 12 6 —— Is paid 10 0 —— Booth, Mac. . . 0 3 9 British Tobacco .. —M 2 12 9 Broken Hill Pty. .. 2 15 9 2 16 3 Canty. Roller Flour 0 16 0 —• Claud? Neon, N.Z. 2 6 0 — Colonial Sugar 58 12 6 59 0 0 Consolid. Brick 0 14 6 —— Denhard Bakeries 0 12 3 0 15 0 D.I.C., 10s paid 1 14 6 u_ Dunlop Rubber — 2 3 0 Dunlop, N.Z., pref. 0 15 0 0 15 6 Electro Zinc, ord. —m 3 13 0 , Pref. 3 11 6 3 13 0 Fletcher Hold. 1 17 9 MU Frozen Products .. 10 6 —- G. J. Coles 4 16 — Hadfields 0 15 3 0 16 0 Hay’s, Ltd., NJ.P. 3 10 0 — Howard Smith — 16 6 I.C.I., A.N.Z., pref. 17 3 —— Kauri Timber 1 15 3 1 16 3 K.D.V. Boxes —— 0 14 0 Macky, Logan . 2 4 0 — Mas - Struthers, £1 paid 15 6 —- 14s paid 0 16 3 10s paid — 0 12 9 M.K. Manufacturers — 0 14 3 Morts Dock — 18 0 Macduffs — 2 19 6 McKenzies 3 7 0 3 9 0 National Electric .. 2 14 0 —— N.Z. Forest Prod. — 0 6 3 N.Z. Newspapers .. — 2 11 6 Niven and Co. —m 1 19 0 Procera Bread 0 7 6 MM Silknit * — 1 13 0 Standard Cement .. — 19 4 Taringamutu Timber —m 0 19 6 Taupo Totara 0 19 0 —- Turnbull and J. .. 17 6 1 10 0 Whit, and Tombs 8 3 6 Wilson’s Cement .. — 0 18 4 W’worths., ord. 14 6 1 4 10 (N.Z.), ord. — 1 10 6 W. R. Carpenter — 2 8 6 W. R. Cooke 0 6 0 —. Zealandia Soap 0 17 0 —— Overseas Listings— W’worths. (S.A.) .. 2 4 6 —- Australian Mining— Bulolo 9 0 0 — Mount Lyell 1 11 6 1 12 0 Mount Morgan 0 11 8 0 12 3 N.Z. Mining— Alexander — 0 5 0 Austral (N.Z.) — 0 8 3 Barry town — 0 17 0 Blackwater — 0 11 0 Consolidated . * — 0 6 0 Grey River — 0 9 10 Kanieri 113 •— Snowy River —— 0 7 0 UNLISTED STOCK Amalgam’d Batt. 116 MM Pref. 10 6 MUU Avon Metal 14 6 M— Brit. Standard Cement, con., x.d. . —— 0 2 9 Christchurch Press 13 5 0 MM National Tobacco 1 16 0 N.Z. Fisheries 0 18 6 Scales “C” pref. .. 0 3 0 MM Mount Cook Tours — 0 10 0