COMMERCIAL

Press, Volume LXXXIV, Issue 25549, 17 July 1948, Page 9

COMMERCIAL

STOCK EXCHANGES MARKETS QUIETER Markets were less active on the Christchurch Stock Exchange yesterday, and dealings were mainly in industrials. Woolworths, Ltd., eased further to dealings at 24s Bd, and Skellerup Industries gamed 3d to sell at 23s 6d. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change

AUCKLAND Sales.—ls/9/52-55, 3 p.c. (£300), £101; Auckland Harbour, 9/7/56, 41 p.c. (£2000), £lO6 10s; 9/7/57, 44 p.c. (£600), £lO7 10s; 10/6/59, 44 p.c. (£500), £109; 9/7/64, 4J p.c. (£600), £lO9 15s; Mt. Albert 8.C., 1/7/63, 44 p.c. (£500), £llO 10s; Mt. Eden 8.C., 1/4/54-59, 4! p.c. (£1000), £lO6, and 1/4/56-61, 44 p.c. (£400), £107; Bank of N.S.W. (10), £3B 15s; Ballins Breweries (100), 35s 6d; Dominion Breweries (200), 68s 6d; N.Z. Insurance (500), 995; South British Insurance (135), 88s 6d; Traders’ Finance, con., 10s paid (800), 9s 9d; Devonport Ferry (150), 2(Js 3d; National Timber (300), Ils; Booth, Macdonald, pref. (100), 13s; Bycroft (110), 58s; Colonial Sugar (10), £59 12s 6d; Donaghy’s (90). 59s 6d; Forest "Products (500), 6s 2d: N.Z. Newspapers (179), 46s 9d; N.Z. Refrigerating, con. (100), 19s IJd; Waihi Investments (100), 5s 6d; Placer Development (50), £ll 5s 6d. Unlisted: Huntly Brick (200), 20s 6d; Korma. pref. (100), 245; Ross and Glendining (3178), 50s; Whakatane Board (300). 19s 6d. WELLINGTON Sales.—Late Thursday: Ballins Breweries (100), 35s 6d; Fletcher Holdings (100), 33s 3d; Dunlop. N.Z., pref. (500), 21s 9d. Yesterday: 3 p.c., Dec., 53-56 (£2075), £lOO 6s 3d; 3 p.c., 61-63 (£300), £99 10s; 3 p.c.. 62-64 (£2300), £99 10s; 4 p.c., 49-52 (£4000), £101; Fletcher Holdings, two sales (200). 33s 3d; N.Z. Insurance (100). 995; South British Insurance (100). 88s 6d; Felt and Textiles. N.Z., pref. (260), 265. DUNEDIN Sate.—G. J. Coles (50), 86s. Sales Reported.—N.Z. Refrigerating, con. (100), 19s IJd; Kaiapoi Woollens, ord. (180), 27s Id; Dunlop, N.Z.. ord. (100). 23s 6d. Unlisted: Ross and Glendining T 2575. GOO), 50s; Korma Textiles, pref. (100), 23s 6d.

INVERCARGILL Sales Reported.—N.Z. Refrigerating (200), 19s 3d; Smith Wylie (400). 18s 7Jd. LATEST QUOTATIONS Buyers. Sellers. £ s. d. £ s. d.

OTHER EXCHANGES SYDNEY A quiet tone prevailed on the Sydney Stock Exchange yesterday. Price fluctuations were numerous but of small extent, • with rises predominating. Sales.—Commercial Bank of Sydney, , £24 ss; Commercial Bank of Australia. 22s lOJd; Bank of New South Wales, £3B 2s 6d; Tooheys, 38s 6d; Tooths. 78s; Asso- • ciated News, pref., 22s 3d; Broken Hill I Pty.. 59s 3d; Colonial Sugar, £6O 2s 6d; I Drug Houses, 39s 9d; New Zealand Forest, , 6s; Wilcox Mofflin, 20s; Woolworths, 24s ■ 3d; A.C.1., 65s 9d; British Tobacco, 50s 6d; 1 Dunlop, 45s 9d; Electro. Zinc, 78s 9d; Felt and Textiles, 61s 6d; Howard Smith, 25s 9d; Stedman, 30s; Millaquin Sugar, 55s 3d; Mount Lyell, 30s 9d; Mount Isa, 42s Broken Hill South, 50s 9d; Placer Development. £ll 13s; Rawang, 8s 6d; Oil Search, £6 10s. MELBOURNE Sales— Goldsbrough, 37s 6d; Swan Brew’erv. 435; Australasian Paper, 38s 3d; Felt and Textiles, 61s 9d; Nestles, pref.. 38s 6d: N.Z. Forest, pref., 12s 4d; Australian Iron and Steel, pref.. 37s 4d; Mt. Morgan, 10s 6d.

Dunlop. N.Z. (100) £ s. d. Var’n 1 3 6 N.C. Dunlop, N.Z. (100) (pf.) N.Z. Forest Products 1 1 9 N.C. (400) 0 6 2 N.C. W’worths (cum rights) (100, 100) 1 4 8 —2d Mount Lyell (100) 1 11 3 —3d Sales on ’Change, Unlisted Aust. Mot. Pet. (150) .. Skellerup Industries (pf.) 1 9 0 — (200) 1 3 6 4-3d Sales Reported N.Z. Farm. Co-op. (41 p.c. Stock, 1950) (£250) 103 5 0 Booth. Macdonald (pref.) (100) 0 13 0 N.C. Donaghy's Rope <90) (odd) 2 19 6 — Dunlop, N.Z. (100, 100) N.Z. Newspapers (122) 1 3 6 N.C. (odd) 2 6 9 N.C.

N.Z. Govt. Ins. stock— 21 p.c., 15/6/47-49 99 17 6 1 2J p.c.. 15/2/49-50 .. 100 5 0 00 5 0 24 p.c., 15/4/49-51 .. 100 0 0 24 p.c., 15/4/50-51 .. 100 0 0 3 p.c., 1/8/51-54 ..101 0 0 3 p.c., 15/9/52-55 ..101 0 0 3 D.C.. 15/5/53-56 . . 100 10 0 3 D.C.. 15/2/55-58 .. — 101 7 b 3 D.C.. 15/11/57/60 .. 100 5 0 100 10 u 3 p.c., 15/4/60-63 .. — 100 12 b 3 p.c.. 15/7/61-63 .. 99 10 0 3 p.c.. 15/7/62-64 .. 99 10 0 —— ..4 p.c., 15/6/52-55 .. 103 12 6 — Banks— Australasia 11 15 0 Comm, of Aust. .. — 1 31 (Pref.), c.d. 0 18 6 Comm, of Sydney 4 0 0 Natl, of A’sia. (£1) — 1 12 3 (12s 6d) 10 0 10 8 Natl, of N.Z. — 3 7 6 New South Wales — 39 2 6 Union — 11 12 6 Breweries — Ballins 1 15 7 1 lb U New, 5s paid 0 18 3 — Melbourne Co-op. 2 16 0 New Zealand 2 14 3 2 14 9 Swan Tooths 3 17 0 2 2 6 3 18 0 Westland — 2 10 Coal— Kaitangata 1 13 0 Pukemiro • • — Taupiri 4 12 6 Renown 119 Frozen Meat— N.Z. Refg., £1 pd. 1 19 0 2 0 U 10s paid — 0 1» 2 Southland —— Pref. — Auckland — 0 8 0 5s paid 0 2 6 — Christchurch 16 4 —— 10s paid 0 12 0 Timaru —- 0 10 0 Wellington 1 10 3 — Insurance— National — 1 b u New Zealand 4 19 0 4 19 6 South British 4 8 3 — Loan and Agency— C.F.C.A., ord. 10 9 — Pref. 2 18 0 — Dalgety 11 0 0 12 0 0 Goldsbrough. Mort Invinc. Bldg., c.d. — 1 14 9 5 11 0 —■ Mutual Benefit 19 10 0 — N.Z. & River Plate 0 18 6 — N.Z.F. Co-op. 0 12 6 0 12 9 First pref. 7 10 — “A” Pref. 5 0 0 — “B” Pref. 4 19 6 — 4 j /2 P-C. Stk., '5060 — 103 10 0 4£ p.c. Stk.. *55 .. 02 0 0 — N.Z. Guar. Corp. .. 0 5 3 — N.Z. Loan and Mer., — 138 0 U Perm Invest. 11 17 6 — United Building .. 14 0 — Wright, Steph. 1 18 6 — Pref. 16 9 — ShippingHud. Parker, pref. 1 13 0 — Union (pref.) 1 13 0 Northern — Woollens— Bruce — Felt and Textiles of N.Z., c.d. 2 11 6 —— Kaiapoi, 17s pd. .. 17 0 —— Pref. 16 6 Manawatu — Oamaru — Timaru 1 10 0 — Wellington (pref.) 10 5 0 •—• Yarra Falls 3 5 0 — Miscellaneous — Alloy Steel (N.Z.) 2 10 V — Acetone 13 0 —- Aust. Found. Invest. 0 6 6 — Beath and Co. 2 10 0 Is paid Booth, Macdonala 0 18 6 0 3 4 10 6 0 3 11 Pref. Brit. Tobacco 2 9 9 0 13 3 2 10 6 Broken Hill Pty. .. 2 18 6 2 19 3 Cant. Roller Flour — 0 17 10 Claude Neon, N.Z. 2 4 3 2 5 0 Colonial Sugar .. 59 7 6 Consolidated Erick —— Donaghy’s Rope .. Dunlop N.Z. »• Pref. Fletcher Holdings 1 12 9 1 13 5 Frozen Products .. 12 6 G. J. Coles, c.d. .. 4 2 9 4 5 0 Greater Crystal .. 13 6 Hadfields — 0 15 3 Hay’s, Ltd. 2 4 0 3 6 6 Hume Pipe (Aust.) — Kauri Timber 1 13 0 — Masonite 2 9 6 — Mason. Struthers, £1 paid 14s paid 1 10 U 0 19 6 Metters (N.Z.) 15 9 Milburn Lime — 1 15 3 M.K. Manuf. 0 11 9 0 12 5 Morris Hedstrom .. — 2 19 6 Morts Dock — 1 11 11 Macduffs 0 13 1 0 13 3 McKenzies —— 3 7 0 National Electric .. 2 16 6 3 0 0 N.Z.F. Fert., c.d. 1 10 6 — Pref. 17 0 N Z. Forest Prod. 0 6 1 0 6 2 Pref. 0 12 7 0 12 11 N.Z. Newspapers 2 6 6 2 7 0 Otago Daily Times 2 13 6 — Reid Rub., 16s 3d Silknit 1 U 2 1 10 0 Taringamutu Timb. 0 19 0 Taupo Totara 13 0 Turnbull and Jones — 2 0 0 United Prov. 0 14 0 0 16 0 Wm. Cable 1 13 9 1 14 6 Wilson’s Cement .. 0 16 6 0 17 0 W’worths (ord.) .. 14 6 14 8 (N.Z.), ord. 1 5 10 — W. R. Cooke and Son 0 7 6 — Overseas Listings W’worths (South Africa) 2 3 6 — Australian Mining— Emperor u ra u Mount Lyell 1 11 1 Mount Morgan 0 10 4 0 10 6 Mining— Alexander — u o u Austral (N.Z ) — Barrytown —— 0 17 6 Big River — Blackwater — 0 12 0 Grey River ■ ■■■ 0 9 6 Kanieri — 116 Ngahere 0 4 6 0 6 0 UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Aust. Invest. Trust — 0 17 6 Aust. Mot. Petrol 18 0 Amuri Lime — 10 0 Andrews and Leave n, pref. 13 8 13 9 Christchurch Press 13 0 0 Midland Motors, pf. 110 13 6 Matea Forests —— 0 3 3 Mac., Caley. Phoenix 1 14 6 1 19 U 2s 6d paid Mt.' Cook Tours .. 0 9 0 0 10 0 0 8 9 — Reece, Ltd., E. (Ord.) 0 1 u — Pref. 0 11 6 —

Buyers. Sellers. £ s d. £ s d Skellerup Inds., pf. 13 6 — Waikari Lime — 1 12 0 Whak. Board Mills 0 19 0 0 19 6 Pref. — 1 3 0