COMMERCIAL

Press, Volume LXXXIV, Issue 25547, 15 July 1948, Page 7

COMMERCIAL

STOCK EXCHANGES PRICES FIRM Markets were more active on the Christchurch Stock Exchange yesterday, i and prices on the whole were firm. A feature of the day was the rise of Is 3d in Whakatane Board Mills to ,19s. This stock has attracted some attention during the last few weeks. DOMINION TRANSACTIONS CHRISTCHURCH

(500) .. 0 6 2 -f-2d AUCKLAND Sales.—ls/6/47-49, 21 per cent. (£800), £99 17s 6d; 1/10/53, 2J per cent. (£1800), £9 7s 6d; 15/12/53-56, 3 per cent. (£3930), £lOO 6s 3d; 15/5/49-52, 4 per cent. (£300), £101; Auckland Gas, 20/12/49, 5 per cent. (£100), £lOO 10s; Commercial Bank of Australia (200), 22s lid, and preference (25), £11; Dominion Breweries (100), 68s 6d; N.Z. Breweries (200), 54s 9d; Taupiri Coal (50), 925; Newton King pref. (100), 25s 9d; Leyland O’Brien (300), 25s 6d; Felt and Textiles, N.Z., pref. (500), 265; Booth, Macdonald pref. (200), 13s; Claude Neon N.Z. (100), 44s 6d; Consolidated Brick (100), 14s; Farmers’ Trading (360), 38s 9d; N.Z. Drug (50), £5 8s 6d; Forest Products (500), 6s 2d, and preference (100), 12s 7Jd: William Cable (200), 345; Triton (500), 2s. Unlisted.—Dominion Life (1000), 8s; Korma pref., old issue (100), 23s 6d; Matea Forests (500), 3s; Whakatane Board Mills, ord. (100), 18s 6d. WELLINGTON Sales.—2J per cent., 1947-49 (£400), £99 17s 6d; 2J per cent. 1/10/53 (£1200), two sales, £99 7s 6d; 3 per cent., 1957-60 (£1000), £lOO ss; Abraham and Williams, 3J per cent. Perpetual Deb. (£280), £9O 10s; Ballins. ex div. (100), 35s 6d; Fletcher Holdings (200), 33s 3d; Beath and Co. (250), 50s 3d: Broken Hill Pty., 58s 9d; Dunlop Rubber, Australia (300), 45s 6d; Farmers’ Trading 4150), 38s 9d; Hume Pipe (300), 25s ICd; Macduffs, pref. (100), 28s 9d: Morts Dock (400), 32s 3d; William Cable, cum div. (200), 345. Unlisted: Modern Plastics, N.Z. (100), 2415 6d. DUNEDIN Sales.—Fletcher Holdings, ord. (J 00 33s Id; Mount Lyell (100), 31s 3d. Sales reported: N.Z. Refrigerating, con. (300), 19s 3d; Chas. Begg (100), late sale, 34s 6d; N.Z. Farmers' Fertiliser (150), and (100), 30s 6d; Consolidated Brick (300), 14s; Fletcher Holdings (100), 13s ,2d; 2J per cent.. 1953 (£1780), £99 7s 6d. INVERCARGILL Sales Reported.—Commercial Bank (200), 22s Hd: N.Z. Refrigerating (200), 19s 3d; North Auckland Farmers (200), 3s.

OTHER EXCHANGES SYDNEY Leading industrial shares, except Broken Hill Pty., which weakened, fractionally, held their ground on the Sydney Stock Exchange yesterday. Some issues of lesser grade showed a tendency towards easing. Sales.—Commercial Bank of Sydney, £24 10s; Associated News., 18s 6d, and pref., 225: British Tobacco, 50s 6d; Broken Hill Pty., 595; Colonial Sugar, £6O 2s 6d; Farmers, 535; Morts Dock, 31s 9d; Anthony Hordern, 29s 6d; David Jones, 61s; General Industries, 31s 7id; Kandos, 44s

6d; New Zealand Forest, 6s; Wilcox Mofflin, 20s; W. R. Carpenter, 48s; Mount Isa, 42s 6d; Broken Hill South, 50s 9d; Oil Search, 6s lOd; Mount Morgan, 10s 6d.

Sales on ’Change £ s. d. Var’n. Comm. Bank of Aust. (cum div.) (100) .. 1 2 10 —Id W’lworths (cum rights) (100; 100) .. 1 4 11 +2d Austral, N.Z. (100) .. 0 6 6 — Ngahere (200) .. 0 5 0 — Sales on ’Change—Unlisted Whakatane Board Mills (100) .. 0 19' 0 +V3 Sales Reported N.Z. Refrig. (200) .. 2 0 0 —3d Eeaths (200; 50; 200 ) 2 10 3 — Booth. Macdonald (pf.) (200) . 0 13 0 N.C. Claude Neon, N.Z. (100) 2 4 6 N.C. Con. Brick (100; 100; 300) .. 0 14 0 N.C. Dunlop, N.Z. (100) .. 1 3 3 +3d Electro. Zinc. (50) late sale Tuesday .. 3 18 6 N.C. N.Z. Drug (50) .. 5 8 6 N.C. N.Z. Farm. Fertilizer (200) late sale Tues. 1 10 6 — 6d N.Z. Forest Products

Latest Quotations Buyers. £ s. d. Sellers. £ s. d. Banks— Comm, of Aust. .. 1 3 0 Pref. 10 18 6 Comm, of Sydney 24 0 0 WM Nat. of A’sia. (£1) 1 12 0 Natl, of N.Z. 3 7 6 Union - .. mm 11 14 0 Breweries— Ballins 1 15 6 1 16 0 New, 5s pd. 0 18 3 Melbourne Co-op. 2 16 0 'M, New Zealand 2 14 9 2 15 0 Swap 2 2 6 Tooths 3 17 0 3 18 0 Coal— Kaitangata . . 1 11 6 Pukemiro — 1 14 0 Taupiri .. .. 4 10 0 Renown _m 1 4 e Frozen MeatCanterbury 16 2 6 N.Z. Refrig., £1 pd. 1 19 9 2 ~0 4 10s paid 0 19 0 0 19 3 Southland —— 3 4 0 Waitaki 8 15 0 GasAuckland 0 8 0 5s paid .. 0 2 6 Christchurch 1 6 3 —i— 10s paid .. 0 12 0 — Timaru — 0 10 0 Wellington .. 1 10 3 1 11 0 Insurance— National 1 6 0 New Zealand ., 4 18 6 MM South British4 8 3 4 8 9 Loan and Agency— Dalgety 12 5; 0, Invinc. Build., cjd. 5 10 0 Mutual Benefit 19 10 0 MM Nat. Mort. “A” .. — 4 19 0 Nat. Mort. "B” — 2 8 6 N.Z. & River Plate 0 18 6 — N.Z.F. Co-op.. 0 12 5 —• First pref. 7 1 0 7 7 0 “A” pref. 4 19 6 MM “B” pref. 4 19 0 MM 4 1 / a & c. Stk., '3C102 10 0 104 10 0 4 J p.c. Stk., '55 '. ’. 102 0 0 MM p.c. Stk., 194959 .. 104 10 0 N.Z. Guar. Corp. .. 0 5 3 •Ww' N.Z. Loan and Mer., ord. 138 0 0 Perm. Invest., x.d. 11 16 0 MM United Building .. 1 4 0 — S.I. Finance 1 4 0 MM Shipping— Hud. Parker, pref. 113 0 Northern — 0 8 6 Woollens— Bruce 2 11 0 Felt, N.Z., pref. .. 1 5 0 1 6 0 Felt and Textiles of N.Z., c.d. 2 13 9 Kaiapoi. 17s pd. .. —— 1 8 0 Manawatu — 3 0 0 Timaru .. 1 10 0 —• Wellington 10 0 0 — Pref. 10 2 6 MM Yarra Falls 3 5 0 MM MiscellaneousAlloy Steel (N.Z.) 2 10 0 — • Acetone 1 3 0 MM Aust., C.I. mm 3 8 9 Aust: Foun. Invest. 0 6 5 —M Beath and Co. 2 9 9 2 10 9 > Is paid .. ., 0 18 6 MM Booth, Mac. 0 3 3 0 4 ° 3 Pref. 0 12 4 0 13 Brit. Tobacco 2 9 9 2 10 6 Broken Hill Pty. . Cant. Roller Flour 2 18 9 2 19 3 — 0 17 10 Claude Neon N.Z. —• 2 4 9 Colonial" Sugar .. Consolidated Brick 59 7 6 59 12 6 0 13 9 Donaghy’s Rope .. 2 19 0 3 0 6 Dunlop Rubber 2 5 3 MM Dunlop N.Z. Pref. 1 3 2 MM — 1 1 11 Electro. Zinc. ord. 3 18 0 MM Frozen Products .. mm 1 2 6 G. J. Coles 4 2 0 4 2 9 Greater Crystal .. 1 3 6 MM Hill and Plummer 2 7 6 —M Hadfields mm 0 15 3 ' I.C.I. A. N.Z., pf., c.d. 1 7 0 'Kauri Timber 1 13 0 MM 5 Masonite 2 9 0 MM Mason, Struthers, £1 paid 1 10 0 — t 14s paid — 0 19 6 Metters (N.Z.) 1 5 9 1 6 9 Morris Hedstrom .. — 2 19 9 Morts Dock .. 1 11 0 1 12 0 Macduffs — 0 13 3 f National Electric .. 2 16 6 2 17 6 N.Z. Drug — 5 9 0 N.Z.F. Fertiliser .. 1 10 3 MM Pref. 1 7 3 MM N.Z. Forest Prod. 0 6 1 0 6 3 Pref. 0 12 8 0 13 3 c Procera Bread 0 9 0 MM Quill, Morris (1936) 1 18 0 — Reid Rub. 16s 8d pd. 1 0 0 MM Silknit — 1 10 0 Taringamutu Timb. — 0 19 0 * Taupo Totara 1 3 0 — Turnbull and Jones 1 17 6 2 0 0 United Provisions 0 14 6 0 15 6 Weeks 2 4 0 — v Whit, and Tombs — 9 10 0 s Wm. Cable, c.d. .. — 1 14 3 e Wilson’s Cement .. 1 4 11 1 5 0 W’worths N.Z., ord. 1 5 6 MM W. R. Cooke and Son 0 7 6 — J UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. A.P.A. 0 19 0 WM. Aust. Mot. Petrol 1 7 0 MM Amuri Lime MM 1 0 0 e Beaths (Is pd., 19s on dep.) 1 18 6 — Andrews and Beaven. pref. 1 3 7 1 3 9 Christchurch Press 13 0 0 MM Midland Motors .. — 1 3 0 • Matea Forests 0 3 0 0 3 3 • Mac., Caley, Phoef nix 1 14 0 2 0 0 s 2s 6d paid —— 0 10 0 Mt. Cook Tours .. 0 8 9 0 10 0 • Pacific Forests 0 6 0 MM N.Z. Fisheries Scales “C,” pref. .. 017 3 0 5 0 — Selfridges, con. — 0 16 0 Skellerup Inds., pf. 1 3 5 1 4 0 ' Tlngey (5s pd.) .. 1 2 0 1 5 6 Vig. Fire Alarm 0 2 3 MM Whak. Board Mills 0 19 0 0 19 6 Pref. 1 2 6 1 2 10