COMMERCIAL

Press, Volume LXXXIV, Issue 25678, 15 December 1948, Page 6

COMMERCIAL

STOCK EXCHANGES

MODERATE TURNOVER A moderate turnover was recorded on the Christchurch Stock Exchange yesterday, and dealings were restricted to a few stocks. Apart from N.Z. Forest Products preference shares losing 2d to sell at 13s Bd, prices of shares which changed hands remained unaltered. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change £ s. d. Var n. 2>,fc p.c., 47-49 (£500) .. 100 10 0 p.c., 1/10/53, W.L. (£300) .. 97 15 0 3 p.C., 62-64 (£200) .. 99 15 0 N.Z. Forest Products, . nrpf (100) .. 013 8 —2d Cement (150) .. 016 6 N.C. Sales Reported Christchurch Gas (122), _ late sale Mon. (odd) 1 5 0 N.C. N.Z. Drug (100) •• 5 5 0 N.C. N.Z. Newspapers (300 ) 2 8 9 N.C. Dalgety and Co. (450) .. 010 6 N.C. AUCKLAND Sales.—ls/6/47-49, 2J per cent. (£700), £lOO 13s 9d; 15/2/49-50, 2J per cent. (£300), £99 12s 6d; 15/5/53-56, 3 per cent. (£500), £99 15s; 15/2/55-58, 3 Per cent. (£200), £100: 15/4/60-63, 3 per cent. ( £600), £99 7s 6d; 15/7/62-64, 3 per cent (£1*00), £99 17s 6d; 15/6/52-55, 4 per cent (£200), £lO4 ss; Bank of N.S.W. (8), £36 7s 6d; Union Bank (245), £9 15s; Dominion Breweries (100). 68s 6d; Pukemiro (100), 52s 6d; N.Z. Insurance (150), 935; South British (50), 88s; F.A.C., £5 paid HOT). £7 7s 6d; Traders’ Finance, 10s paid (900), 9s 6d; Huddart-Parker (200), 595; Auckland Laundry (700), 14s; Booth Mac., pref. (100), Us 6d; Consolidated Brick (500), Us; Fletchers (650), 31s 6d; N.Z. Drug (150), £5 ss: Forest Products, pref. (200), 13s 6d; Woolworths, Sydney (100), 20s 9d. Unlisted: Korma, pref. (300), 22s 3d.

WELLINGTON Sales.—r-Late Monday: 3 per cent., 60-63 (£4000), £99 8s; Ballins Breweries, ex div. (100), 32s 6d; N.Z. Insurance (50), 935; Felt and Textiles of N.Z. (50), 43s 6d; Macduffs, Ltd., two sales (500), Us sd; N.Z. Paper Mills (150), 42s 3d; G. J. Coles, rights (48), 21s 6d. Unlisted: Matea Forests (400). 3s 7d. Yesterday: 3 per cent., Dec., 53-56 (£4500), two sales, £lOO 15s; 3 per cent.. May. 53-56 (£450), £99 12s 6d; 3 per cent., 57-60 (£300), £99 ss; 3 per cent., 60-63 (£600), £99 7s 6d; Baltins Breweries, ex div. (100), 32s 6d; Felt and Textiles of N.Z. (120), 43s 6d; Consolidated Brick (200), Us; Dunlop, N.Z., Ltd. (200). 225; G. J. Coles, rights (35). 21s 3d and (15) 21s 6d; Matches, N.Z., Ltd., ex rights (100), 14s; N.Z. Paper Mills (70), 42s 3d. DUNEDIN Sales.—Matches, N.Z., Ltd. (100), 14s; Woolworths, N.Z., ord. (200), 23s sd. Sales Reported.— 2J per cent., Nov., 1953 (£1100), £97 15s; 3 per cent., 1951-54 (£500), £lOO 10s; N.Z. Insurance (100), 935; Fletcher Holdings, ord. (800), 31s 6d; Ballins Breweries (500), 32s 6d. INVERCARGILL Sale Reported.— Auckland Laundry (500), 14s. LATEST QUOTATIONS Buyers. Sellers. £ s. d. £ s. d.

OTHER EXCHANGES SYDNEY A feature of business on the Sydney Stock Exchange yesterday was a sharp drop in A.C.I. shares tot the lowest price since early last year. The industrial share market was generally weak. Sales.—National Bank (12s 6d paid), 21s 4Jd; National Bank (20s paid), 34s 6d; Bank of New South Wales. £3B 7s 6d; Commercial Bank Of Australia, £24 7s; Commercial Bank of Australia (pref.), £11; Tooths, 775; Mercantile Mutual, 51s 9d; Associated. News, 17s 3d; Associated News (pref.), 21s 3d: Aust. Paper, 30s 6d; A.C.1., 555; British Tobacco, 51s 3d; Broken Hill Pty., 57s 3d; Burns, PhUp, South Sea, 51s 6d; Colonial Sugar, £6O 2s 6d; Drug Houses, 40s 6d; Dunlop. 43s 6d; Electro. Zinc, 74s 3d; Wilcox, Mofflin, 18s; Woolworths, 23s 3d; Anthony Hordern, 25s 7Jd; Berlei. 545; David Jones, 61s; Stedman, 26s 6d; Mount Lyell, 26s 6d; Mount Isa, 435; South Broken Hili’, 49s 3d; Oil Search, 5s Id. MELBOURNE Sales.—E., S., and A. Bank. £6 15s 6d; National Bank, 20s paid, 34s 6d; A.C.1., 54s 9d; Coles, 765; Nestles, pref., 40s; Hume Pipe, 28s; N.Z. Forest, 7s 6d; North Broken Hill, 87s; Mt. Isa, 42s 6d; Mt. LyelL 26s 3d; Mt. Morgan, 9s 6d.

Banks— Australasia 10 0 0 — Comm, of Aust., pf. E., S., and A. Natl, of N.Z., C.d. 9 15 0 2 19 0 Union Breweries— 9 14 0 10 0 0 Ballins .. — ■ 13 0 New Zealand •• Coal— — 2 11 3 Kaitangata .. —— 2 8 0 Pukemiro — 2 14 0 Canterbury, ex. .. Pref., ex. N.Z. Refrig., £1 pd. — 16 7 12 6 6 1 19 0 10s paid .: 0 19 0 0 19 3 Southland Gas— — 3 1 9 Christchurch 1 5 0 1 5 6 10s paid ■ • — 0 12 0 Timaru •• 0 9 0 — Insurance— National New Zealand 6 4 13 6 South British 4 7 0 4 9 0 Standard — 4 6 6 Loan and AgencyGeneral Finance .. C.F.C.A., ord. 1 10 0 Pref. 3 ~o 0 —— Dalgety — 0 10 9 Invinc. Building .. 5 6 5 . N.Z.F. Co-op. 0 11 9 0 12 3 4J p.c. Stk., *50-60 101 5 0 —— 4J p.c. Stk., *55 .. 101 15 0 — N.Z. Guar Corpn. 0 5 5 —— N.Z.L. & Met., ord. — 117 0 0 Perm. Investment 12 2 6 — Sth: Island Finance 1 3 9 •— United Bldg. 1 4 6 Wright, Stephenson ■■■ ~ 2 3 Pref. X ShippingUnion (pref.) — 1 11 6 Bonds 2 12 6 Feit and Textiles 2 12 6 Felt and Textiles of N.Z. Pref. Kaiapoi (17s pd.) 2 3 0 2 5 1 5 6 3 1 6 3 Mosgiel Timaru 15 1 0 9 0 0 1 n 0 Wellington — 9 17 Avon Metals . • —— 1 2 6 Beath and Co. 2 5 0 Is paid 0 18 6 1 0 Booth, Macdonald —— 0 3 6 Pref. 0 10 3 0 12 6 Bulleid — 0 19 13 6 6 Beggs • • Canty. Roller Flour Claude Neon N.Z. Denhard Bakeries 0 15 0 2 9 0 — 0 14 0 Pref. 1 8 0 1 15 6 Donaghy’s Rope .. D.I.C., 10s paid .. Pref. 6 3 0 0 1 2 7 6 1 10 0 Dunlop, N.Z. 1 9 1 2 0 Fletcher Holdings 1 11 0 12 0 Frozen Products .. —— 1 3 0 G. J. Coles, rts. .. 1 1 3 1 1 6 Hay’s, Ltd. 3 6 0 — Harley Chambers .. Pref. 1 8 0 1 5 0 Kauri Timber Mason, Struthers, 1 11 0 — £ 1 paid 1 7 3 1 8 6 Matches, N.Z. — 0 14 6 Metters (N.Z.) — 1 6 0 Milburn Lime —— 1 13 3 M.K. Manufacturers 0 11 0 — Morris Hedstrom .. —— 2 15 0 Macduffs 0 11 3 0 11 9 Pref. •— 1 8 0 National Electric .. — 2 13 6 N.Z. Drug —— 5 5 0 N.Z. Express N.Z.F. Fertiliser, — 0 14 9 pref. 1 7 0 —— N.Z. Forest Prod. 0 6 0 0 6 3 Pref. 0 13 6 0 13 9 N.Z. Newspapers .. — 2 9 0 0 Otago Daily Times — 2 14 0 Reid Rubber — 0 18 6 Skellerup Silknit Taupo Totara 2 9 1 0 6 1 3 0 Tingey, R.E., pref. Weeks, pref. Whit, and Tombs .. 1 12 0 — 1 2 6 Wm. Cable — 12 0 Wilson’s Cement .. 0 16 3 0 16 7 Woolworths, ord. .. 1 0 4 •— (N.Z.), ord. 1 3 0 1 3 6 Properties, c.d. 1 5 0 —— W. R. Cooke and Son 0 7 0 — UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Andrews and Beaven, pref, cum .. Amal. Batteries .. 2 0 Pref. 1 3 0 —— Ape- Ice, ord. 1 14 0 — Ass. Mot. Pet., pf. 1 12 0 1 16 0 Amuri Lime Beaths, Is paid (19s — 1 0 0 on dep.) — 1 19 6 Belvedere Maison 0 14 0 —• Dominion Life 0 10 0 Christchurch Press — 13 12 6 Matea Forests 0 3 7 0 3 9 Korma Textiles, pf. — 1 2 9 John Chambers .. — 1 10 6 Maling and Co., pf. Mackintosh, Caley, — 1 1 0 Phoenix — 1 18 0 2s 6d paid — 0 9 3 Mt. Cook Tours .. 0 8 0 0 12 0 National Tobacco — 1 10 6 N.Z. Fisheries — 0 17 0 Regent Theatre, x.d. 0 14 3 — Rink Investments —— 1 2 6 Scales “C” (pref.) 0 4 6 — Whakatane Board 1 2 0 Pref. — 1 3 0