COMMERCIAL

Press, Volume LXXXIV, Issue 25608, 24 September 1948, Page 5

COMMERCIAL

STOCK EXCHANGES A BUYERS’ DAY ? ?ere easier on the Christchurch Exchange yesterday, although the business was an improvement °P .F 1 ® Previous day. Perhaps a feature of the day was a fall of 12s 6d in a sale 2; n rn^ ent v, 3 „P er cent - 1962-64 stock yl^ 99^ 2S Tn 6<i ‘ Fallins Breweries and New F ° rest , Products showed further dencies in sales, as did also Woolworths, New Zealand. Union Banks receded 3s 6d in a sale at £lO 2s 6d. DOMINION TRANSACTIONS I CHRISTCHURCH Sales on ’Change (Listed)

AUCKLAND ,J al ?tV,W 6 X 47 - 49 - 2i p - c - <£iooo). £lOO JJ4 5 / 53 .’ 56 ’ 3 pc - (£700). £O9 15s; 15/4/56-59 3 p.c. (£700). £99 15s; Comm. ??“ k „ o£ A“st. (450), 21s; Union Bank (20). Auckland Gas (950), 8s; South British Insurance (300), 86s; North Auckland Farmere, B pref. 4200), 18s; Felt and £ exlil “. (100), 45s 9d; Kaiapoi Woollens, (200), 275; Claude Neon, N.Z. (100), ?15 n ? d: ,« PI^ cl lS rs ,100) ' 31s 3d ' Macduffs (400), 12s 7d; Forest Products (600), 6s 7d; Selfridges Australasia (50), 425; Woolworths, N.Z. (600), 23s 6d; Woolworths, Sydney, rights (124), 8s Id. Unlisted: Korma, N.Z., pref. (100), 24s 6d. _ , WELLINGTON *i?J e Wednesday: 3 p.c„ 60-63 S™? 60 ?; £ " 17s 6(3: Perpetual Trustees (120), Ms; Felt and Textiles of N.Z. (150), J 6s -jYesterday: 2J p.c., 49-50 (£200), £99 ’a od; 3 p.c., 56-59 (£200), £99 15s; 3 p.c., £ O9 ss; 3J p.c., 57-60 (£1000), two sales, £101; 4 p.c., 49-52 (£500), £lOl 7s 6d; Taupirl Coal (50), £5 “S: S°utn British Insurance, two sales ? 6s: J" J- Niven and Co., cum div. (100), 41s 9d; Woolworths, Ltd., rights, two Its^d^ 8S ld ’ Woolworths > N.Z. (200),

DUNEDIN Sales Reported.—N.Z. Refrigerating, paid (200), 39s 9d; Perpetual Trustees (120), 445; Woolworths, Ltd,, rights (239), 8S lid; Kaiapoi Woollen (125), 275. INVERCARGILL 39s 9d Reported - —N.Z. Refrigerating (200),

OTHER EXCHANGES SYDNEY A further improvement in the market sentiment was apparent on the Sydney Stock Exchange yesterday, several industrials firming, while falls were few. Sales.—Commercial Bank of Australia, £24 ss; Bank of New South Wales, £3B 10s; Tooths, 79s 3d; Associated News, 18s 9d, and pref., 22s 9d; Huddart Parker, 64s 6d; Anthony Hordern, 28s 7Jd; Bradford Cotton, 54s 6d; Broken Hill Pty., 58s 9d; David Jones, 60s 6d; Drug Houses, 41s 9d; Howard Smith, 26s 6d; Kandos, 44s 6d; Morts Dock, 2Gs 6d; W. H. Soul, 965; British Tobacco, 51s 6d; Burns, Philp, 795; Colonial Sugar, £6O 2s 6d; Fairy mead Sugar, 40s 6d; Felt and Textiles, 58s 9d; Coles, 85s 9d; Woolworths, 245; Mount Lyell, 28s 6d; Mount Isa, 425; New Broken Hill, 48s; North Broken Hill, 935; South Broken Hill, 495; Mount Morgan, 9s sd; Placer Development, £lO 3s; Oil Search, 5s 6d. MELBOURNE Sales.—Carlton Brewery, 74s 6d; Adelaide Steam, 325; Aust. Cement, 525; A.C.1., 61s; Aust. Paper Manfrs., pref.. 30s; Dunlop, 455; Kauri Timber, 33s **d; Broken Hill Pty., 595; North Broken Hill, 93s 6d; South Broken Hill, 49s 9d; Emperor, 14s 6d; Oil Search, 5s M. •

Ballins Breweries (100) £ s. d. Var’n. 1 12 6 —3d Kaiapoi Woollens (125), odd Dunlop, N.Z., pref. (100) 1 1 7 2 0 0 N.C. N.C. N.Z. Forest Prod. W’lworths, ex div. (100) (200) 0 1 6 2 6 0 — 4d N.C. Sales Reported * p.c., Dec., 1953-56 (£10,200) 99 12 6 •1 P.C., 1962-64 (£500). late sale Wed. 99 2 0 Union Bank of Aust. (20, 1UV) Kaiapoi Woollens (200) 10 l 2 7 6 0 — 3/6 N.C. worth. Roller Milling (87), odd 11 9 N.C. W’lworths., N.Z. (200) .. 1 3 8 — 2d Sales Reported (Unlisted) Maiing and Co., pf. (100) 1 2 0 N.C.

LATEST QUOTATIONS Buyers. Sellers. £ d. £ s. d. Banks— Australasia .. 10 0 0 Comm, of Aust., pf. 11 0 0 E., S.. and A. .. 6 0 0 National of N.Z. .. 3 0 3 3 ~2 0 New South Wales 35 5 0 Union .. io G 0 m_ Breweries— Ballins 1 13 0 New, 10s paid .. 1 • 3 Dominion .. 3 8 3 Melb. Co-op. .. 2 7 0 New Zealand 2 13 0 Westland .. 2 0 6 Coal— Kaiiangata .. 1 16 0 Pukemiro .. 1 16 9 Frozen MeatCanterbury .. 16 5 0 Pref. .. 8 14 0 8 19 0 Gear .. 1 12 0 N.Z. Refg. (£1 pd.) 1 19 6 10s paid .. 0 18 11 0 19 3 Southland .. 3 3 6 Waitaki .. 8 5 0 Gas— Christchurch .. 1 5 9 (10s paid) .. __ 0 12 3 Timaru .. 0 7 3 Insurance— National __ 1 5 3 New Zerland 4 13 9 South British 4 7 0 Standard __ 4 8 3 Loan and Agency— C.F.C.A., ord. MM 1 11 6 Pref. 3 10 0 Chch. Bldg. 21 0 0 Dalgety . 9 10 0 10 10 0 Golds., T.Iort .. 1 10 0 Invincible Bldg. .. 5 7 6 mm Mutual Benefit .. 19 10 0 MMM Nat. Mortgage "A” 4 1 0 — “B” .. 1 19 0 MM N.Z.F. Co-op. 0 12 6 “A" Pref. .. 4 15 0 5 1 0 4J p.c. Stk„ ’50/60 100 0 0 100 15 0 44 p.c. Stk„ ’55 .. 100 0 0 101 0 0 N.Z. Guar. Corp* .. 0 5 5 0 5 7 N.Z.L. & Met. (ord.) 107 0 0 Perm. Invest. .. 12 2 6 ___ South Island Fin. 1 4 6 MM United Build., x.d. 1 3 9 MM Wright, Stephenson 2 1 0 MM Shipping- - Union (pref.) .. 1 10 0 MM Northern .. 0 7 6 0 8 6 Woollens— Bruce m_ 2 7 0 Felt and Textiles of N.Z. . _— 2 6 0 Kaiapoi, 17s pd. . 1 1 7 0 Pref. - — 1 6 6 Manawatu .. 2 10 0 2 17 0 Timaru .. 1 9 0 MM Wellington .. 9 15 0 MM Pref. . * 10 0 0 MM Miscellaneous— Andersons. 1st pref. 1 6 0 - Beath and Co. .. 2 9 3 2 9 6 Pref., x.d. .. 1 7 0 Booth, Macdonald — 0 3 g British Tobacco .. 2 3 6 MM B.H. Pty. 2 14 3 2 15 0 Canty. Roller Flour mm 0 18 0 Claude Neon N.Z. 2 7 0 2 8 0 Colonial Sugar — 55 15 0 Consolidated Brick 0 11 11 MM Dom. Builders .. 0 9 6 0 10 6 Dom. Fertiliser .. 1 5 6 MM D.I.C. (10s pd.) .. 1 15 0 — Pref. .. ... 1 11 6 1 12 6 Dunlop N.Z. — 1 3 3 Pref. .. 1 1 11 MM Electro. Zinc, ord. 3 10 0 MM Pref. .. 3 10 6 MM Evans Atlas .. 1 7 0 mm Fletcher Hold. — 1 H 6 Frozen Products .. — 1 1 6 G. J. Coles 4 0 0 Hallenstein Bros. .. 1 12 3 1 14 0 Hay’s, Ltd. .. 3 6 0 MM Mason, Struthers, £1 paid — 1 10 0

14s paid — 1 2 6 10s paid 0 14 0 Matches (NJZ.) 0 10 0 — Milburn Lime, x.c 1 13 0 1 14 0 Morts Dock 1 4 0 Macduffs 0 12 8 McKenzies 3 0 — National Electric . __ 2 16 0 N.Z. Drug. 5 0 0 5 3 0 N.Z.F. Fertiliser . 1 10 9 — Pref. 1 7 0 ■— N.Z. Forest Prod. . 0 6 4 0 6 7 Pref. 0 13 1 0 14 0 N.Z. News., x.d. . ___ 2 10 0 N.Z. Paper Mills 2 3 3 2 3 6 Otago Daily Times — 2 14 6 Quill Morris (1936 1 18 0 — Radio (1936) 0 15 8 0 18 0 Reid Rubber — 1 5 3 £1 paid —— 1 4 3 Silknit — 1 10 0 Taringamutu Timb. —— 0 17 3 Taupo Totara 1 0 9 1 3 0 Tingey, pref. ■ 12 0 United Prov., c.d. 0 10 6 — Weeks 2 4 0 — Whit, and Tomb 1 3 0 —• Wilson’s Cement . 0 17 0 •»— W’worths, ord., x.c Rights .. 1 0 8 9 0 0 2 8 0 3 (N.Z.), ord. 1 3 6 1 3 9 W. R. Cooke an Son, c.d. 0 7 6 — UNLISTEI STOCKS A.P.A. 0 17 0 Amalg. Batteries . 1 1 0 1 • 0 Apex Ice, ord. 9 0 — Pref. 1 9 0 —■ Ass. Mot. Pet. pref —• 1 14 0 Amuri Lime — 1 0 0 Andrews and Bea ven, pref. 1 3 6 ——• Christchurch Pres — 13 12 6 Matea Forests — 0 3 9 Mating and Co pref. —— 2 0 Mack., Caley, Phoe —— 18 0 2s 6d paid —- 0 8 9 Mt. Cook Tours . 0 9 9 0 12 6 Midland Motors, p: — 1 2 3 Reece, Ltd., E., ord 0 3 —— Pref. 0 11 0 —— Regent Theatre 0 15 0 —— Rink Invests. —— 1 5 0 Scales “C,” pref. . 0 6 0 5 6 Skellerup Ins., pf —— 1 3 3 Whakatane Boarc Mills, c.d. •— 1 6 pref., c.d. — 1 3 6