COMMERCIAL

Press, Volume LXXXIV, Issue 25394, 17 January 1948, Page 9

COMMERCIAL

STOCK EXCHANGES market remains firm T^ ere was an increased turnover on the Christchurch Stock Exchange yesterday and prices of most stocks dealt in were hrm, although Australian industrials appeared easier. The outstanding feature was the sale of a large parcel of N.Z. Government stock, due 1955-58. dominion transactions CHRISTCHURCH Sales on ’Change ■kt x £ s. d. Varn. Nat. Bk. of A’sia. (£1 „ pd.) (100) .. 111 6 N.C. Nat. Insce. (150) .. 1 5 6 4-6 d Gold. Mort. (100, 100, 100) 116 0 Felt and Text. N.Z. (100) 217 0 N.C. Mas. Struth (10s pd.) (200) .. 0 12 0 N.C. W’wths. (200, 200, 100) 1 4 9 —ld „ Sales Reported N.Z. Govt. 3 p.c. Stock, 1955-58 (£15,000) ..101 0 0 Dunlop, N.Z. (250) pf. 015 3 —ld Hays, Ltd. (rights) (100, 25, 50) ..1 0 0 N.C. Unlisted Ross and Glendining (100) (L.S.Y.) .. 213 0 - AUCKLAND Sales.—Govt. Stock, 2J p.c., 15/6/47-49 (£400), £99 ss; 3 p.c., 1/8/51-54 (£500), £101; 2i p.c., 15/2/49-50 (£1800), £99 15s; 3 p.c., 15/2/55-58 (£15,000), £101; 3 p.c., 15/4/56-59 (£500), £lOO ss; 3 p.c., 15/11/5760 (£365), £100; 4 p.c., 15/6/52-55 (£270), £lO3 12s 6d; Auckland Harbour Board, 3J p.c., 10/8/60 (£200), £104; Commercial Bank of Aust., pf. (60), £11; Felt and Textiles of N.Z., Ltd. (100), 575; Berlei, N.Z. (25), £5 2s 6d; Cox, rights (140),, Is 6d; Farmers’ Trading (100), 395; Fletcher Holdings, Ltd. (100), 38s; Grey and Menzies (100), 24s 6d; G. J. Coles (75), 85s; Forest Products (855), 6s 8d; Reid Rubber (con.) (500), Ils; McKenzies (62), 68s 6d; Wm. Cable (pf.)' (100), 365. Unlisted Stock.—Auckland Farmers Freezing (110), 265. WELLINGTON Sales.—Late Thursday: N.Z. Govt, stock, 2i p.c., 15/2/49-50 (£1900), £99 15s; 2J p.c. Stock, 15/6/47-49 (£1700), £99 ss; Auckland Gas (301), 8s 2d; South British Insurance (200), 89s 9d; Felt and Textiles of N.Z. (100), 575; McKenzies Dept. Stores (100), 695; Wilson’s Cement (200), 18s 4d. Yesterday: 2J p.c. Govt. Stock, 1/10/53 (£2000), £97 12s 6d; 3 p.c. Stock 15/5/53-56, (£600), £100; 2J p.c., 15/2/4950 (£200) (2 sales), £99 17s 6d; 3 p.c. Stock, 15/2/55-58 (£200), £lOO 17s 6d; Felt and Textiles of N.Z. (800) (4 sales), 575; Well. Invest. T?and A. (100), Ils; Mount Morgan (800), 12s; Relax, Ltd. (pref.) (200) (2 sales), 22s 6d; Auckland Gas (200), 8s 2d; National Insurance (250) (2 sales), 25s 3d; McKenzies Dept. Stores (256) (2 sales), 695; Woolworths, Ltd. (500) (3 sales), 4s lid; Dunlop, N.Z. (pref.) (225), 15s 4d; Colonial Sugar (10), £62 ss; Consolidated Brick (ex div.) (100), 14s 6d; Manawatu Knitting Mills (70), 60s; Mount Morgan (300) (2 sales), 12s .2d. DUNEDIN Sales on ’Change.—3 p.c. Govt. Stock, 1955-59 (£200), £lOO 15s; Mount Morgan (300), 12s Id. Sales Reported: A.C.I. (50), 665; Woolworths (100), 255; 3 p.c. Govt. Stock, Dec., 1953-56 (£1500) (late Thursday). £99.17s 6d; Govt. 3 p.c. Stock, 195558 (£200). £lOO 15s. INVERCARGILL Sales.—N.Z. Refrigerating, 10s pd. (100), 20s; Woolworths, Ltd. (200), 24s 9d, (200), 24s 9d, (100), 24s 9d; Goldsbrough, Mort (100), 365; Dunlop N.Z. pref. 225 and 150), 15s 4d. LATEST QUOTATIONS

OTHER EXCHANGES l SYDNEY Barrier shares were again the focal point of interest on the Sydney Stock Exchange yesterday, and made further substantial gains. Few sellers were attracted by the increased prices. The general market was firm. Sales.—Commercial Bank of Sydney, £24 16s; National Bank of Aust. (20s paid), 32s 3d; Burns, Philp, 84s; Tooheys, 40s 6d; Tooths, 82s 6d; Associated News, 19s l£d; Anthony Hordern (pref.), 30s 3d; A.C.1., 66s 3d; Berlei, 39s 6d; Bradford Cotton, 545; Broken HiU Proprietary, 57s 6d; New Broken Hill, 50s 6d; South Broken Hill. 46s 6d; Colonial Sugar, £62 ss; British Tobacco, 54s 6d; Morts Dock, 29s 3d; Howard Smith, 28s; Emperor, 17s 6d; Claude Neon, 395; New Zealand Forest, 6s sd; Wilcox, Mofffln, 21s; Mount Lyell, a3s 10jd; Dunlop Rubber, 42s 9d; Goldsbrough, Mort, 36s 9d. MELBOURNE Sales.—Carlton Brewery, 80s; Huddart Parker, 61s 9d; Cox Bros., 10s 9d; G. J. Coles, 86s; Herald, 755; Hume Pipe, 28s 6d; Mount Lyell, 345; Mount Morgan, 12s

Buyers. £ s. d. Sellers. £ s. d. N.Z. Govt.— 21 p.c. Ins., 15/6/4749 99 7 6 -MM 21 p.c. Ins., 15/4/4951 98 15 0 21 p.c. Ins., 15/4/5051 98 17 6 — 21 p.c. W.L. 1/10/53 97 12 6 — 3 p.c. Ins., 1/8/5154 101 0 0 3 p.c. Ins., 15/9/5255 100 15 0 3 p.c. Ins., 15/5/5356 .. :. 100 7 6 3 p.c. Ins., 15/12/5356 .. .* 100 5 0 3 p.c. Ins., 15/2/5558 101 0 0 3 p.c. Ins., 15/4/5659 100 7 6 3 p.c. Ins., 15/11/5760 100 0 0 MMM 3 p.c. Ins., 15/4/6063 100 0 0 3 p.c. Ins., 15/7/6163 99 10 0 31 p.c. Ins., 15/1/5357 101 12 6 — 4 p.c. Ins., 30/11/48 101 0 0 M-M Wool Bonds, 1/2/49 119 —M Waimak. River (4A p.c. 1/10/65) —— 113 10 0 Banks Pen. (4i p.c. 1/4/65) — 113 10 0 Banks— Comm. of Aust. .. 118 12 1 Pref. 10 17 6 M-M E., S., and A. —. 6 15 0 Nat. of A’sia. (£1) 1 11 4 12s 6d .. —— 10 9 National of N.Z. .. 3 17 0 3 17 9 Breweries— Ballins —. 1 18 5 Dominion 3 15 6 New Zealand 2 15 9 MMM Coal— Kitar gata 1 15 6 MMM Taupiri m— 4 10 0 Frozen Meat— Canty. 15 10 0 ——M Gear 1 15 0 MM. N.Z. Refg. (£lpd.) 1 19 3 1 19 9 10s paid — 10 3 Southland — 3 10 0 Gas— Auckland 0 8 0 —— 5s paid 0 2 9 MMM Christchurch mm. 17 0 Timaru 0 9 0 InsuranceNational 15 3 N.Z. (c.d.) MM. 5 0 0 South British 4 9 0 Loan and Agency— C.F.C.A., ord. 15 0 17 0 Dalgety 11 0 0 11 7 6 Goldsbrough, Mort. 1 16 0 —— Invincible Build. .. 5 10 0 M-M Mutual Benefit .. 19 10 0 — Nat. Mort. “A” .. 3 16 0 M-M N.Z.F. Co-op. 0 11 1 -MM (First pref.) — 7 5 0 "A” Pref. 4 15 0 MM*‘B” pref. 4 15 0 5 0 0 4} p.c. Stk. '50 — 103 5 0 41 p.c. Stk., ’55 .. 102 15 0 MMM Golds. Mort. N.F.P. —_ 1 15 9 N.Z. Guar. Corpn. 0 5 6 M. N.Z.L. & Mer., ord. 125 0 0 MMM , Perm. Invest. 11 10 0 — Wright, Stephenson 1 19 3 — Shipping— Huddart Parker .. 3 10 3 3 6 P. and O. .« 3 16 0 Woollens— Felt and Textiles Melb. Reg. 3 7 0 Felt and Textiles of N.Z 2 17 0 2 17 3 Kaiapoi (17s pd.) 16 0 17 0 Pref 16 0 — Mosgiel 15 5 0 — Timaru 1 10 9 MMM Miscellaneous— Aust. C.I. —- 3 6 0 Aust. Found. Inv. 0 6 2 Beath and Co. 2 12 6 — (Is paid) 10 0 -MM Booth, Macdonald 0 3 3 0 3 6 British Tobacco .. -2 13 9 2 14 9 Broken Hill Pty. .. 2 16 9 2 17 0 Bums, Philp — 4 5 0 Canty. Saleyards —— 1 19 0 Colonial Sugar .. 62 5 Q 62 10 0 Consol. Brick x.d. 0 14 0 MMCox. Bros., rts. .. 0 17 Dunlop Rubber .. 2 2 0 2 3 0 Dunlop, N.Z. — 0 14 6 Pref. 0 15 2 —— Electro. Zinc. ord. — 3 16 0 Pref. 3 15 9 3 16 6 Frozen Products .. 116 MM G. J. Coles, c.d. .. 4 4 6 4 5 0 Hadfields — 0 15 4 Hay’s, Ltd. 3 0 0 MM. Rights 10 0 10 6 Howard Smith — 18 6 I.C.I.A.N.Z. (pref.) — 17 8 Mas. Struthers, 14s paid 0 16 6 — 10s paid •— 0 12 3 M.K. Manufac. 0 14 0 Macduff s — 2 17 0 McKenzies 3 10 0 N.Z.F. Fertiliser .. 1 11 9 N.Z. Forest Prods. 0 6 0 — Pref. 0 12 0 MM N.Z. Newspapers 2 9 0 2 12 6 Niven and Co. .. 1 18 0 — Procera Bread 0 9 6 Reid Rubber, part paid 0 10 6 — Standard Cement — 18 9 Taringamutu Timb. — 10 0 Taupo Totara 0 19 0 10 3 Wilcox Moffiin .. —-m 10 0 Wm Cable .. 1 14 0 MM. Wilsons Cement .. — 0 18 6 W’wths. (ord.) 14 9 1 4 10 (N.Z.) ord. 19 1 1 10 6 Properties — 1 11 6 (W.A.) 4 2 6 —M W. R. Cooke & Son 0 7 0 M— Zealandia Soap 0 17 0 — Overseas Listings— W’wths. (S.A.) .. 2 7 3 2 10 0 Aust. Mining— Broken Hill South 2 4 6 2 5 0 Mount Lyell 1 13 9 1 14 0 Mount Morgan .. 0 12 1 0 12 3 Mining— Austral (N.Z.) 0 8 1 MMM Grey River 0 9 0 0 9 6 Kanieri 110 • — N.Z. Crown Mines 0 3 0 — UNLISTED STOCKS Chch. Press 13 5 0 MMM Korina Textiles .. 15 6 16 0 Mt. Cook Tours .. m ■ 0 10 0 Prudential Bldg. .. 110 12 6 Mack’h. Caley, Ph. 2 0 0 2 2 6 National Tobacco — 1 14 0 Reece Ltd., E.„ord. 0 10 MW Reece, Ltd., E.. pf. 0 11 0 — Scales “C,” pref. Ross and Giendin0 5 0 — ing M— 2 14 6 Taramakau (5s pd.) 0 8 0 0 8 6 Whakatane Paper 0 7 30 7 7