COMMERCIAL .

Press, Volume LXXXIV, Issue 25629, 19 October 1948, Page 6

COMMERCIAL .

STOCK EXCHANGES MARKETS QUIET Apart from dealings in Government stock, markets were quiet on the Christchurch Stock Exchange yesterday, ana quotations for most stocks were round recent levels. New Zealand Breweries, however, continued their downward trend to seH a further 3d down in a sale at 51s 3d. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change £ s. d. Variation. 3 p.c., due 1952-55 (£200; £1100) .. 99 15 0 3 p.c.. due May, 1J53-56 (£500) .. 100 10 0 3 per cent., due 1955-58 (£500: £200; £3OO ) 99 15 0 31 p.c., 1953-57 (£500; £ 1060) .. 102 0 0 Sales Reported N.Z. Breweries (100) 2 11 3 —3d Sales Reported. Unlisted John Chambers and Son (500) 1 10 6 N.C. AUCKLAND Sales.— ls/2/49-50, 21 per cent. (£200), £99 10s: 15/11/57-60, 3 per cent. (£300). £100; 15/4/60-63, 3 per cent. (£375), £9B 17s 6d; E„ S„ and A. Bank (175), £6; N.Z. Breweries (600), 51s 3d; Wellington Gas (170), 29s 6d; N.Z. Insurance (200). 93s 6d, and (167), 945; South British (150), 86s; Devonport Ferry (300). 255; Claude Neon. N.Z. (100), 47s 6d; Coles (100), 775; Milburn Lime (455), 335; N.Z. Drug (100), £5 4s; Farmers’ Fert. (200). 325; Forest Products (200), 6s 2d; Union Oil (100), 31s 6d; Woolworths, N.Z. (400). 24s 3d; Woolworths, Sydney, x rts. (243), 8s Id. WELLINGTON Sales.—Late Friday: 3 per cent., December. 53-56 (£500), £lOO 7s 6d: 3 per cent., 56-59 (£200), £9B 17s 6d; N.Z. Breweries (300), 51s 6d; Fletcher Holdings (100), 31s sd: Woolworths N.Z. (200). 24s 3d. Yesterday: 3 per cent., 60-63 (£1260), £99; Pukemiro Collieries (100). 425; Wellington Gas (170), 29s 6d; Fletcher Holdings, pref. (300), 31s; G. J. Coles (100), 76s 9d; J. J. Niven, ex rights (100), 395; McKenzies Dept. Stores (150), 68s.

DUNEDIN Sales.—N.Z. Breweries (100), 51s 3d, Kaitangata Coal (100), 425. Sales Reported.—McKenzies (150), 68s, Milburn Lime, cont. (455), 335; Dunlop N.Z., ord. (100). 235.

LATEST QUOTATIONS Buyers. Sellers. £ s. d. £ s. d.

Pref. 116 OTHER EXCHANGES SYDNEY The restricted turnover on the Sydney Stock Exchange yesterday was due as much to the reluctance of holders to grant concessions as to hesitancy on the part of buyers. Sales.—Commercial Bank of Australia, 32s 9d; Bank of Australasia, £ll 7s; Associated News, 18s 9d, and pref., 22s 9d; Tooths, 80s; Aust. Paper, 39s 6d; British Tobacco, 51s 3d; Broken Hill Prop, 595, Colonial Sugar, £6O 7s 6d; Drug Houses, 40s 9d; Dunlop. 45s 9d; Electro Zinc, 75s 6d; Coles, 85s 9d; Goldsbrough, 34s 3d: Howard Smith. 26s 6d; Stedman, 27s Ijd; Kandos, 445; W. H. Soul. £5 2s; Wilcox Mofflin, 20s 3d; Woolworths. 245; Claude Neon, 365; Mount Isa, 44s 9d; New Broken Hill. 49s 3d; North Broken Hill, 90s 9d; South Broken Hill, 51s 6d; Oil Search. 5s 6d. MELBOURNE Sales.— National Bank, 20s paid, 345; Carlton Brewery, 72s 6d; Swan, 40s 6d: Cox Bros., 9s: Dunlop, 465; Hume Pipe. 28s 9d; Broken Hill Pty., 59s 3d; Loloma, 20s; Oil Search, 5s 7d. MINING Associated Gold Dredges (N.Z.), Ltd.— For the week ended October 16, the Atarau dredge recovered 52 ounces from 23,520 yards in 1033 dredging hours.

Banks— Australasia — Comm. of Aust (pref.) 9 5 0 10 15 0 E., S., and A., c.d. 5 15 0 — Natl, of N.Z. 2 18 0 3 . 0 0 Breweries — Ballins — 1 12 New, 15s pd. —- 1 5 0 New Zealand 2 11 0 2 11 6 Westland .. —* 2 0 0 Coal— Kaitangata 2 1 9 — Pukemiro 2 1 3 — Renown, x.tr. 1 10 0 —— Frozen Meat— Canterbury 16 2 6 16 10 0 Pref. 8 15 0 — Gear 1 12 0 — N.Z. Ref.. £1 pd. — 2 0 0 l(fs paid 0 19 3 Southland — 3 4 0 Waitaki 8 5 0 —— GasChristchurch 1 4 9 — 10s paid —■ 0 12 0 Insurance— F.A.M.E. 1'1 9 — National 1 4 3 1 5 0 New Zealand 4 13 6 4 14 6 South British; x.d. 4 6 0 — Standard —— 4 6 0 Loan and Agency— C.F.C.A., ord, x.d. —— 1 10 0 Pref., x.d. — 3 7 6 Chch. Bldg. 21 5 0 — Invincible Bldg. .. 5 10 0 — Mutual Benefit 19 10 0 — Nat. Mortgage “A” 4 2 6 — ' N.Z.F. Co-op. 0 12 1 0 12 10 Frst Pref. 6 5 0 6 15 0 “B” Pref. — 4 19 0 4 J p.c. Stk., ’50-60 100 5 0 — 4J p.c. Stk., *55 .. 100 5 0 — N.Z. Mort Security — 1 7 0 N.Z. Guar. Corp. 0 5 3 N.Z.L. and Merc. (ord.) 106 0 0 — . Perm. Invest. 12 2 6 •— Sth. Island Finance 1 5 6 • United Bldg. 1 4 0 — Shipping— Northern 0 8 0 •— P. and O. 2 9 3 — Union (pref.) 1 11 1 1 11 9 Woollens— Bruce 2 5 0 — Felt and Textiles of N.Z. •— 2 4 0 Pref. 1 5 8 1 6 -6 Kaiapoi ,(17s pd.) .. —. 1 7 9 Pref. — 1 6 3 Manawatu 2 11 0 — Wellington, pref. .. 9 17 6 — Andersons (1st pf.) 1 6 0 — Beath and Co. .. -* 2 9 3 Is paid — 1 0 0 Booth Macdonald «*— 0 3 8 Brit. Tobacco 2 5 0 2 10 0 BH. Pty., x.d. .. 2 14 0 2 14 9 Canty. Roller Flour — 0 18 0 Claude Neon N.Z. 2 7 3 2 8 0 Colonial Sugar 55 12 6 56 0 0 Consolid. Brick .. —— 0 12 9 D.I.C. (10s pd.) .. 1 15 *T) Pref. 1 11 9 Dunlop. N.Z. 1 2 9 1 3 0 Pref. 1 1 0 — Evans Atlas 1 7 0 Fletcher Holdings —. 1 11 0 Froz. Products, x.d 1 0 0 1 4 0 G. J. Coles — 3 17 0 Hadfields / 0 9 6 0 14 0 Hallenstein Bros. .. ,1 12 0 — Hay’s, Ltd. '3 3 0 Henry Jones 3 0 0 — Kauri Timber 1 10 3 ■M— Mas. Struthers (£1 paid) —— 1 8 9 14s paid — 1 0 6 10s paid —— 0 14 0 Metters (N.Z.) 1 7 0 Milburn Lime 1 13 6 M.K. Manufacturers —— 0 11 9 Morts Dock, rts. .. —— 0 0 2 Macduffs —— 0 12 6 Pref. 1 8 9 McLeod Bros. —-- 3 1 0 National Electric .. 2 16 0 N.Z.F. Fert. (pref.) 1 7 6 —. N.Z. Forest Prod. 0 6 1 0 6 2 N.Z. Newspapers .. 2 9 6 Reid Rub. (£1 pd.) — 1 3 6 North. Roller — 1 14 3 Simpson and Williams (contr.) .. i is 0 3 0 0 Taringamutu Timb. 0 17 3 Taupo Totara —— 1 2! 0 United Prov., c.d. 0 12 9 Weeks 2 3 0 Whit, and Tombs, x.d. —— 1 3 0 Wilsons Cement .. 0 169 Woolworths (ord.) 1 1 1 1 10 2nd pref. — 1 H 0 (N.Z.) ord. 1 4 0 W. R. Cooke and Son 0 7 0 — UNLISTED STOCKS A.P.A. 0 17 6 Apex Ice (ord.) .. 1 9 0 —— Pref. 1 9 0 — Aust. Mot. Petrol 1 10 0 Amur! Lime 1 0 0 Andrews and Beaven (pref.) .. 1 3 0 —— Canty. Seed 1 4 0 Coulls, Somerville 1 11 6 __ John Chambers 1 10 ,0 111 0 Korma Text, (pf.) 1 3 9 Maling and Co. (pref.) 1 2 0 Matea Forests 0 3 9 Mackintosh, Caley, Phoenix (2/6 pd.) 0 8 3 0 9 0 Regent Theatre 0 15 0 Rink Investments 1 5 0 Scales “C” (pref.) 0 4 6 Ross and Glend. .. 2 10 0 — ■ Whakatane Board Mills 1 X 0 *