COMMERCIAL

Press, Volume LXXXIV, Issue 25554, 23 July 1948, Page 11

COMMERCIAL

gfOCK EXCHANGES drICE movements ■ IRREGULAR j. average turnover was recorded on ..Christchurch Stock Exchange yester- ?• and price movements were again lrSli. C.F.C.A. preference shares moved **l7ed to sell at 61s 6d. but Macduff, “binaries ah' l New Zealand Forest Fro. “S were fractionally easier at 13s Id fe Id. respectively. DOMINION transactions CHRISTCHURCH

AUCKLAND Sales.—l/10/53. 2\t p.c. (£2700), £99 7s fid? 15/5/49-52. 4 p.c. (£5120), £101“ Auckland Harbour. 9/7/59. 4ft p.c. (£soo)’ £lOB 12s 6d; Mount Albert Borough, 1/7/63. 4’4 P.c <£>000). £llO 10s; Bank ! js’S.W. (10), £3B las; Ballins Breweries ,200), 35s 9d; Dominion Breweries (200) 68s; Auckland Gas (350), 7s lOd; N.Z. Insurance (100). 975; South British (100) 88s; A. B. Williams (120), 13s 6d; Northern Steam (210), 7s 9d, and con. (100). 2s 3dgruce Woollens (200). 47s 6d; Claude Neon KZ. (150), 44s 6d; Colonial Sugar (2), £59 ss; Oil Search (100), 6s 7d. and (200), 6s M. Unlisted: Consolidated Brick, pref cum div. (300), 20s; Korma, pref. (200)’ UTT I

WELLINGTON Sales.—Late Wednesday: 2*/ 2 p.c., 1/10/53 two sales (£2700), £99 7s 6d; Wellington Trust and Loan (27), £5 4s. Unlisted: Whakatane Board Mills (150), 19s 6d. Yesterday: 3 P.c 1961-63 (£2000), £99 10s; ji. p.C., 1957-60 (£2400), £lO2 10s; 4 p.c. 1949-52 (£5120), £101; Mount Albert Borough Council, 4’4 p.c., 1/7/64 (£1000), £llO 15s; Dominion Breweries (200), 68sCharles Begg (100), 34s 6d; Claude Neon’, NZ. (200), 44s 6d; J. J. Niven (200), 39s 9d: Turnbull and Jones, new issue (100) 38s 9d: William Cable, new issue, cum div. (300), 345; Claude Neon. N.Z. (100), 44s 6d. DUNEDIN Sales Reported.—Bank N.S.W. (10), £3B !s fid; Commercial Bank, ord. (200), 22s 10d: N.Z. Breweries (100), 545; Kaitangata (400), late sale, 33s 6d; Bruce, ord. (200), late sale, 47s 6d; Claude Neon, N.Z. (250), 44s fid; Colonial Sifgar (2), £5B ss; Mount! Albert debentures, 4} p.c., 1963 (£5000), £llO 10s; Ngahere (400), 4s 10’/ 2 d; N.Z. Insurance (100), 975; Bruce, ord. (50), 47g 8d; Claude Neon. N.Z. (100), 44s 6d. Unlisted: Ross and Glendining (300), 50s, (100) 50s, and (610) 50s; Andrews and Beaven, pref. (200), 23s 9d.

OTHER EXCHANGES .... ... SYDNEY , recent set-back, the Sydney en<*v ft yesterday revealed a tendert i JSh' Srds recovery. Some prorrunadvanced in price and s2L sU S ltly exceeded losses. r , nk ° f New South Wales, £3B; HatSS § snk ' £11 : Tooths, 77s 9d; AssoAnthLv'J?-„ 18s U d - and Pref- 21s 6d; Hordern. 28s 9d; Australian Broken 3 5„ 6 5. : Br itlsh Tobacco, 50s 3d; 39s Sri P Pr °P-- S7S 9d; Claude Neon, 100 Colonial Sugar. £59 12s 6d; EunFelt Electro Zinc pref., 76s 9d; 33s aa-w-, Textiles - 60s Sd; Goldsbrough, ton w Mofflin. 20s: Bradford CotHorn., Bums Philp. S2s 6d; Drug Lyeij 6d : Kandos, 44s 6d: Mount Hill Snmn 3 .. Mount Isa. 41s 3d;.Broken couth, 50s; Oil Search, 6s Bd. Sale, v MELBOURNE S .k and A - Bank- «« 16s: * 3d-r£L Ms - A C T-. 655; Cox Bros.. Pref 81s 6d : General Motors, Pilin' au Ov^ rd Smith, 255; Associated New’ Broken feojren Hill South, 50s 6d; M; Mount ~ H1I! - 51s : Mount ISa, 41s ™"<Bt Morgan, 10s 3d.

Sales on ’Change Var'n . nC 1951-54 (£400) .. £ s. 101 5 d. 0 ! P o c Dec., 1953-56 ’ (£1000) 100 5 0 ifacdufis * 100) . Forest Prod. (100) 0 13 0 6 1 1 -2d —Id Sales on ’Change, Unlisted Matea Forests (300 0 3 3 N.C. Sales Reported wZ Insurance (100) .. 4 17 0 —6d Jr'cA., pref. (50) njjcp, N-Z- (100) Wtfley Chambers, ord. 3 1 1 1 6 9 + 1/6 N.C. (1600) 1 9 0 __ gauri Timber (100) 1 13 9 + 9d Sales Reported, 1 Enlistei 1 trnkatane Board Mills W (150). l ate sale Wed. 0 19 6 N.C.

LATEST QUOTATIONS Banks— Buyers. Sellers. £ s. d. £ s. d. Com. of Aust., c.d. 1 2 10 — Pref., e.d. 10 18 6 — National of N.Z. .. — 2 7 6 Union — 11 12 6 Breweries— Castlemain — 19 0 Ballins — 1 16 0 New, 5s paid 0 18 0 0 18 5 New Zealand — 2 14 3 Swan — 2 2 6 Tui 2 9 0 — Westland 1 19 0 2 1 0 CollKaitangata — 1 15 0 Pukemiro — 1 14 0 Taupiri 4/13 0 4 15 0 Henown — 14 0 Frozen MeatCanterbury 16 2 6 — N.Z. Refrig., £1 pd. — 1 19 8 10s paid — 0 18 10 G Southland — 3 3 6 Auckland — 0 8 0 5s paid 0 2 6 — Christchurch, c.d. .. 16 3 — 10s paid, c.d. 0 12 1 — Timaru 0 8 0 0 10 0 Insurance— National *. — 16 0 New Zealand 4'17 0 — South British 4 7 6 — loan and Agency— C.F.C-A., ord. 17 3 — Pref 3 0 6 — Dalgety 11 2 6 — Invinc. Bldg.,; x.d. 5 7 6 — Mutual Benefit 19 10 0 — Natl. Mort. "A” .. — 4 17 6 “B” — 2 8 0 N.Z.F. Co-Op. 0 12 6 0 13 0 First pref. 7 10 — “A” pref. 5 0 0 — “B” pref. 4 IP O — 4j p.C. Stk., ’50-60 102 10 0 103 7 6 4) p.c. Stk., ’55 102 10 0 — 8.1. Finance 14 0 — N.Z. Guar. Corpn. 0 5 3 — N.Z Loan and Mer., ord. — 136 0 0 Perm. Invest. 11 17 6 — United Building .. 14 0 — Wright, Stephenson 1 19 0 — Pref. 16 6 — Shipping— Huddart Parker, pf. 1 13 0 — Union,’ pref 1 12 0 — Northern — 0 8 6 Woollens— Felt, N.Z., pref. .. 15 0 — Felt ana Textiles of N.Z., x.d. 2 10 3 — Kaiapoi, 17s pd. .. 17 6 — Manawatu — 3 0 0 Oamaru — 1 18 0 Miscellaneous— Alloy Steel (N.Z.) 2 10 0 — Acetone, pref. 13 0 — Beath and Co 2 10 0 — la paid 0 18 7 — Booth, Mac. 0 3 3 0 4 0 Pref. 0 12 9 — British Tobacco .. 2 9 6 — Broken Hill Pty. .. 2 18 0 2 19 0 Canty. R. Flour .. — 0 17 6 Claude Neon. N.Z. — 2 4 9 Colonial Sugar Donaghy's Rope .. 59 0 0 59 12 6 2 18 6 3 0 0 DJ.C., 10s paid 1 14 0 — Prrf. 1 10 3 — Dunlop, N.Z. 13 3 13 6 Pref 119 12 0 Electro. Zinc, ord. 3 17 6 3 18 6 Pref 3 17 6 — Fletcher Holdings — 1 13 6 Frozen Products — 12 6 Harley Cham., ord. 18 8 1 10 0 Hadfields — 0 14 9 Hay's, Ltd. ’ .. 3 4 6 3 6 6 Kauri Timber 1 13 9 — Masonite 2 10 O — Mas. Struthers, £1 Paid 1 10 0 — Matters (N.Z.) .. 15 0 16 2 MX. Manufac. 0 11 9 — Morris, Hedstrom .. — 2 19 0 Morts Dock — 1 11 6 Macduff s — 0 13 2 „ Pref. 18 9 — JteHenzies — 3 7 0 Natl. Electric — 3 0 0 N.Z. Forest Prod. 0 6 0 0 6 1 Pref. - .. 0 12 6 0 12 9 Procera Bread 0 8 6 0 9 6 Reid Rubber, 16s 8d sfiSt " ■ 10 3 — < — 1 10 0 Taringamutu Timb. — 0 19 0 Taupo Totara 13 6 — Turnbull and Jones — 2 0 0 Tingey, pref. 1 12 0 — United Pro vis. 0 15 0 — whit, and Tombs 9 0 0 9 17 6 Wm. Cable, c.d. .. 1 14 2 1 14 6 Wilson’s Cement .. 0 16 9 0 17 0 W Iworths., ord. .. 13 2 13 6 Hights - .. 0 6 0 — (NX), ord. — 16 0 "• R. Cooke and S6n 0 7 6 — UNLISTED STOCKS Buyers. Sellers. ARA. £ s. d. £ b. d. 0 19 4 — Amur! Lime Heaths, is pd., 19s — " 10 0 on dep. Andrews and Bea1 18 6 — ven, pref. Christchurch Press 13 8 13 9 13 0 0 — Korma Textiles, pf. — 14 0 Mac., Caley. Phoerux. 2s 6d paid .. — 0 10 0 tea Forests 0 3 0 0 3 6 Mt Cook Tours .. 0 9 1 — Scales “C,” pref. . Selfridges, cont. .. 0 5 0 — — 0 16 0. gkellerup Inds., pf. Taramakau, 5s paid Waikan Lime 13 3 — — 0 8 0 — 1 12 0 whak. Board Mills 0 19 3