COMMERCIAL

Press, Volume LXXXIV, Issue 25448, 20 March 1948, Page 9

COMMERCIAL

f ■+ STOCK EXCHANGES PRICE MOVEMENTS IRREGULAR * moderate turnover was recorded on * Christchurch Stock Exchange yester» ■ V J?rice movements were irregular and g&grnment Securities tnd bank shares YLTin demand. Losses exceeded gains the close of the week left investors 5a state of uncertainty. DOMINION transactions CHRISTCHURCH Sales on ’Change

* AUCKLAND gales—ls/6/47-49, 2J per cent. (£400), 09 10s; 15/4/59-51, 2 J per cent. (£100), £99 & 6d; 1/10/53, 2J per cent. (£1290), £9B; 15/9/52-55, 3 per cent. (£260), £99 10s; 15/5/53-56, 3 per cent. (£300), £lOO 7s 6d; 15/12/53-56, 3 per cent. (£500), £lOO 2s 6d; 15/9/57-60, 31 per cent. (£740), £lOO 17s 6d; Auckland Harbour Board, 10/9/71, 34 per ~nt. (£200), £99 10s; Bank of Australasia (&) £ll Is 3d; National Bank of Aus♦raiasia, don. (600), 19s 9d; Auckland Gas (950), 7s; National Insurance (175), 245; wk. Insurance (250), 945; South British Insurance (150), 84s 6d; D.1.8.A. (100), 24s 6d’ Goldsbrough, Mort (200), 33s 2d; North Auckland Farmers, B pref. (200), 16s 3d; Felt and Textiles, Aust., cum div. (100), «jg; Felt and Textiles, N.Z., pref. (800), 2fc 6d; Bums. Philp (150), 78s 6d; Donoghy’s, old issue (100), 565, and new issue (WO). 555; Dunlop, N.Z. (400), 18s , 9d; Fletcher, rights (100), ss, (400 ) 5s 3d, 100 5s 2d. and (100) 5s Id; Farmers’ Fertiliser (420), 28s 6d; N.Z. Forest Products, pref. (W 0 Hs 6d; N.Z. Newspapers (550), 48s. Unlisted: Tip Top, pref. (100), 235; Whakatene Paper (1395), 7s 3d. WELLINGTON Sales.—3 per cent., May. 1953-56 (£500), £lOO 10s, and (£200) £lOO 10s; 4 per cent., 1952-55 (£200), £104; Union Bank (74), £lO 15s; N-Z. Refrigerating (500), 375; N.Z. Inrarance, 945; South British Insurance (125, 2 sales), 84s 6d, and (100) 84s; W.F.C.A., pref. (100), 21s; Felt and Textiles, N.Z., pref., cum div. (800), 26s 6d; Colonial Sugar (10), £5B 17s 6d; Donaghy’s Rope, new issue (100), 555; Dunlop, N.Z., ord. (800, 2 sales), 18s 7d; Macduff s, ex. div. and rights (200), 12s, and (100) 12s. Unlisted: Golden Bay Cement (500), 255; Korma Textiles, pref. (100), 24s ,3d; Skellerup, pref. (200), 235, and (300) 235. DUNEDIN Sales.—Woolworths, N.Z., 26s 9d. Sales Reported.—Union Steam Ship Co., pref. (300), 33s 6d; Felt and Textiles, N.Z., ord. (200), 51s 3d; 2} per cent., 1950-51 (£SOO), £99 2s 6d.

Mount Morgan.—This company’s return the four weeks ended March 7, is:— treated at sulphide mills, 51,350 tons, zr*. of 2636 ounces of gold ’ ■oa 202 tons of copper.—(F.A.)

Rebuilding of London House.— -Miss Pamela Mann and Messrs W. G. P. Cunningham and K. S. Odlin have been appointed to represent the Canterbury University College Students Association on a Canterbury College committee to be formed to aid the rebuilding of Londogi House. This committee will have representatives from the College Cbuncil. the Professorial Board, and the Students’ Association. London House is a boarding establishment for New Zealand students in England.

sales on tn « D.C, 1953 (£230) .. ange £ s. d. 97 17 6 Var’n. ?DC, 1952-55 (£350) 99 10 0 Text, of N.Z. *(100) 2 11 0 -3/uaeduffs (200) (ex div.) (200) 0 11 11 1 2 10 — Id -f-4d Sales Reported Dec. 1953-56 (£200) 100 5 0 —_ Mt and Text. N.Z. (50) 2 11 0 -3/jjapoi Wool. (17s pd.) 16 0 N.C. -ai’aanc (gJ.) (50) 3 11 0 -2/1 game Pipe (100) 14 9 -1/9 Wacdttffs (500) $2; Forest Prod. (217) 0 12 0 N.C. (odd) •• 0 5 6 —8d yX Newspapers (200) 2 8 0 N.C.

LATEST QUOTATIONS t Buyers. Sellers. £ s. d. £ s. d. NX Govt — 2i p.c. Ins., 15/6/47- - . 99 7 6 MM . 21 p.c. Ins., 15/2/4950 98 15 0 MM 21 p.c. Ins., 15/4/495 51 99 0 0 MM 21 p.c. Ins., 15/4/5051 99 2 6 ' 2} p.c. W. Loan, 1/10/53 97 17 6 3 p.c. Ins., 15/5/5356 __ 100 10 0 3 p.c. Ins., 15/12/5356 100 5 0 MM 3 p.c. Ins., 15/2/5558 99 12 6 MM 2 p.c.. Ins., 15/4/5650 100 5 0 100 7 6 3 p.c. Ins., 15/11/57 60 100 0 0 MM 3 p.c., Ins., 15/4/6063 -. . 100 12 6 3 p.c. Ins., 15/7/6163 99 10 0 3 p.c. Ins., 1962-64 99 7 6 99 15 0 Bonds, 15/1/53-57 .. mm 101 17 6 Chch. City (3g p.c. 31/3/51) 103 0 0 Chch. Drcin (3g p.c. 31/3/51) • — 102 10 0 (41 p.c. 31/12/56) — 109 0 0 (41 p.c. 31/12/64) 114 0 0 Banks—' Australasia 11 0 0 Comm, of Aust. .. 1 1 11 Pref. 10 17 6 Comm, of Sydney 24 0 0 MM E., S., and A. 6 12 6 MM Nat of A’asia, £1 1 11 6 MM 12s 6d 1 0 8 Natl, of N.Z. 3 4 3 3 6 6 New South Wales 36 15 0 Union 10 15 0 11 ~0 0 Ballins 1 11 6 1 H 9 Dunedin 2 2 0 New Zealand 2 14 6 Westland —— 2 2 6 CoalRenown CQaL pr?f. mm 0 3 3 Kaitangata mm 1 16 0 Taupiri —— 4 5 0 Pukemiro 1 15 6. frozen Meat— Canterbury 15 5 0 — Gear — 1 17 6 N.Z. Refrig. (£1 naid) m— 0 17 4 Southland — 3 5 0 Auckland. 5s paid 0 2 6 Christchurch a— 1 6 5 (10s paid) mm 0 12 VO Wellington mm 1 11 u Insurance— * F.A.M.E. 1 3 0 MM Pref MM 1 7 3 National —— 1 4 0 New Zealand MM 4 15 0 South British ■MM 4 5 0 Standard 4 2 6 Loan and Agency— C.F.C.A., pref. .. 2 13 0 2 17 6 Dalgety 11 0 0 —M Go Idsb rough, Mort •— —— 1 14 0 Nat. Mort. “A” c.d. 5 0 0 N.Z. and River Pl. 1 0 0 N2.F. Co-op. 0 11 MM 1st pref. 6 15 0 MM "A- oref. 4 18 0 5 0 0 ' "B” Pref. 4 16 6 MM . 4J p.c. Stk., ’55 100 5 0 MM N.Z.L. and Mer. (ord.) 112 0 0 MM Perm. Invest. 11 6 0 ■ MM United Bldg. 1 6 0 Shipping— Budd. Parker (pf.) ■ Ml 1 13 0 P. and O. 3 2 6 MM

Felt and Textiles 3 3 0 Kaiapoi (17s paid) 1 G 0 1 6 6 Thnaru 6 Wellington Miscellaneous— — 10 0 0 Alloy Steel (N.Z.) Begg and Co. 2 10 0 2 14 0 (new) _ 1 14 0 Aust. C.I. 3 1 6 Aust. F. Inv. rts. .. 0 0 6 0 1 1 Beath and Co., x.d. 2 10 oBooth. Mac. —u 0 3 7 Pref. 0 14 0 Brit. Tobacco 2 9 0 2 10 3 Broken Hill Pty. Bulleid 1 13 6 Cant. Roller Flour o 1S 0 — Colonial Sugar .. 58 10 0 58 17 6 Consolid. Brick __ 0 14 0 Bom. Builders 0 9 4 0 11 0 BJ.C. (10s paid) .. — 1 14 0 Dunlop N.Z. 0 18 1 0 5 5 0 18 6 Slectro. Zinc, pref. 3 10 9 3 11 0 Hallenstein Bros. 1 15 0 Fletcher Holds, rts. _— 0 7 0 Greater Crystal .. 1 6 0 I.C.I.A. N.Z. (pf.)” 1 6 9 1 7 3 Mas. Strutir. (Blpd. 1 5 3 14s paid 10s paid Milburn Lime, c.d. M.K. Manufac., c.d. Morts Dock 6 0 12 1 15 3 1 9 0 Macduffs 0 11 10 0 12 0 Rights 0 4 6 N2. Drug, x.d. .. — 0 14 6 N.Z. Forest Prod. Pref. ! 5: Z - Newspapers 0 5 3 2 6 0 2 8 0 Aiven and Co. —— 1 19 0 Quill. Morris (1936) 1 17 0 * (1936) Beid Rubber (10s Jfettridges 2 2 6 2 X 6 0 Taringamutu Timb. W. and T.. x.d. .. Wm. Cable 0 19 0 1 14 6 Wilson’s Cement .. 0 16 6 0 17 0 W’wths. (ord.) x.d. 1 2 10 1 2 11 ' N.Z., ord., c.r. .. 1 6 9 __ (W.A.) x.d. 4 5 0 R. Cooke and -Zealand! a Soap .. wjrseas Listings— W’wths (S.A.) 0 17 6 0 18 9 . 2 7 0 . A” Acst. MiningBroken Hill Sth. .. 2 2 2 2 7 0 1 12 0 Blackwater 0 10 6 Consolidated — 0 6 0 Ngahere 0 7 0 UNLISTED Avon ot Petrol 1 5 0 ' „? ref e a 1 4 0 i 2S 1 - I ? ess 13 10 0 c (pref.) . Skeiierup Industries, pref. Victoria Mansions Lime Wnakatane Paper 1 2 *6 0 6 9 o 1