COMMERCIAL

Press, Volume LXXXIV, Issue 25679, 16 December 1948, Page 10

COMMERCIAL

STOCK EXCHANGES PRICE MOVEMENTS IRREGULAR Markets were quiet on the Christchurch Stock Exchange yesterday, and price movements were irregular. Australian industrials showed an easing tendency. Broken Hill Proprietary dropped 9d to 51s 9d, and more were on offer at this figure. DOMINION TRANSACTIONS

AUCKLAND Sales.—l/10/53, 2J per cent. (£300), £97 12s 6d; 15/12/53-56, 3 per cent., ex int. (£250), £99 7s 6d; 15/4/56-59, 3 per cent. (£350), £99 7s 6d; 31/5/54-58, 4 per cent. (£200), £lO3 12s 6d; Union Bank (80), £9 15s; N.Z. Breweries (150), 50s -6d; Renown (100), 38s 6d; N.Z. Insce. (75), 935; Northern Steam (300), 9s, and, 3s 6d paid (100), 2s 6d; Wgtn. Wool (60), £9 15s; Auckland Laundry (150), 14s; B.H. Pty. (150), 51s; Dunlop, N.Z. (300), 225; Farmers’ Trading (100), 38s 3d; Coles (50), 70s; rights (70), 21s 3d, and (30), 21s; 1.C.1., pref. (100), 22s 6d; Phillips and Impey (100), 71s 6d; Sharland, 15s paid (120), 435; Wool worths, N.Z. (200), 23s 3d. WELLINGTON Sales.—Late Tuesday: 3 per oent., 52-55 (£225), £lOO Is 3d; 3 per cent., 57-60 (£550), £99 ss; Farmers’ Co-op. Auctioneering (100), £7 7s 6d; Broken Hill Pty., 2 sales (100), 50s 9d; G. J. Coles, rights (80), 2 sales, 21s 6d; Wilson’s Cement (150), 16s 6d. Yesterday: 2J per cent., 4950 (£500). 2 sales, £99 13s 9d; 2A per cent., 47-49 (£2530), 3 sales, £99 10s, and (£2000), £99 8s 9d; 3 per cent., 56-59 (£500), £99 10s; N.Z. Breweries (200), 2 sales, 51s and (50), 50s 9d; N.Z. Refrigerating (100), 39s 3d; G. J. Coles, rights (35), 21s 6d; 3 per cent., 55-58 (£1000), £lOO 2s 6d; 3 per cent., 56-59 (£1000), £99 10s. Unlisted: Korma Textiles, preference (100), 22s 3d. DUNEDIN Sale.—3 per cent., 1957-60 (£210), £99 ss. Sales Reported: 3 p.c., 1957-60 (£515), £99 ss; 3 per cent., 1962-64 (£265), £99 17s 6d; N.Z. Refrig., pd. (100), 39s 3d; Dunlop, N.Z., ord. (900), 225; N.Z. Paper Mills (220), 42s 3d.

INVERCARGILL Sales Reported.—Auckland Laundry (200), 14s.

CHRISTCHURCH Sales on ’Change £ s. d. Var’n B.H.P. (100; 100) 2 11 9 —9d Wool worths, N.Z. (100) 13 3 —3d Sales Reported N.Z. Govt. 3 per cent., 57-60 Stock, late sale Tuesday (£1900) 99 5 0 — Reid Rubber (200) 0 17 0 —3/Mount Morgan (300) 0 8 3 N.C. N.Z. Farm. Co-op,,. 10/-, F.P. (510) 0 12 0 —3d Wilson’s Cement (100) .. 0 16 6 N.C.

LATEST QUOTATIONS Buyers. £ s. d. Sellers. £ s. d. Banks— Australasia 9 19 0 Comm, of Aust. .. 1 1 0 Comm of Aust., pf. 9 15 0 E., S., and A. 5 17 6 6 5 0 Natl, of N.Z., c.d. 2 19 0 Union 9 14 0 10 0 0 Breweries— Ballins 1 12 6 New, 15s 1 12 6 New Zealand 2 10 9 2 11 3 Coal— Kaitangata .. ___ 2 8 0 Pukemiro .. 2 13 0 Frozen Meat— Canterbury, ex. 16 5 0 Pref., ex. 8 11 6 N.Z. Refrig., £1 pd. 1 19 0 10s paid 0 19 0 0 19 3 Southland __ 3 1 9 Gas— Christchurch 1 5 0 1 5 6 10s paid __ 0 12 0 Timaru 0 9 0 —— Insurance— National .. — 1 4 6 New Zealand 4 12 6 South British' 4 8 6 Standard 4 6 6 Loan and Agency— General Finance .. 1 0 0 __ C.F.C.A., ord. 1 10 0 Dalgety 0 10 6 — In vine. Building .. 5 5 0 5 19 0 Mutual Benefit 19 2 6 — N.Z.F. Co-op. 0 12 3 4 p.c. Stk., ’50-60 L01 15 0 41 p.c. Stk., ’55 .. 101 15 0 — N.Z. Guar Corpn. 0 5 5 — N.Z.L. & Mer., ord. — 115 0 0 Perm. Investment 12 3 6 — Sth. Island Finance 1 3 9 — United Bldg. 1 4 6 Wright, Stephenson 2 3 3 Pref. — 1 7 6 Shipping— Union (pref.) 1 11 6 Woollens— Bonds 2 12 6 , Bruce 2 4 3 Felt and Textiles 2 12 6 Felt and Textiles of N.Z. 2 3 0 Kaiaooi (17s pd.) 1 5 6 Pref. 1 6 3 Mosgiel 15 0 0 15 5 0 Timaru 1 8 6 1 10 0 Wellington 9-17 6 Miscellaneous— Avon Metals — 1 2 6 Andersons. 1st pf. 1 5 6 *_ Aust. Found. Inv. 0 6 2 Beath and Co. 2 5 0 2 3 6 Is paid .0 18 6 1 0 0 Booth, Macdonald 0 3 6 Pref. — 0 12 6 B.H. Pty. 2 11 0 2 11 9 Beggs — 1 13 6 Claude. Neon, N.Z. 2 7 9 2 9 3 Denhard Bakeries — 0 14 0 Pref. 1 8 0 1 15 6 Donaghy’s Rope .. — 3 0 0 D.I.C., 10s paid 1 15 6 — Pref. 1 8 0 1 10 0 Evans Atlas 1 7 0 1 10 0 Fletcher Holdings 1 11 0 1 12 0 Frozen Products .. — 1 3 0 G. J Coles, rights — i i 3 Hay’s, Ltd. 3 5 0 3 7 3 Harley Chambers .. 1 8 0 — Pref. — 1 5 0 Kauri Timber 1 11 0 — Mason, Struthers, £1 paid 1 7 3 1 8 6 Metters (N.Z.) — 1 5 6 Milburn Lime — 1 13 3 M.K. Manufacturers 0 11 0 — Morris Hedstrom .. 2 14 6 Macduffs __ 0 11 8 McLeod Bros. — 3 1 6 National Electric .. 2 12 0 __ N.Z. Drug — 5 5 0 N.Z. Forest Prod. 0 6 3 Pref. — 0 13 9 N.Z. Newspapers .. — 2- 9 0 N.Z. Paper Mills .. — 2 2 3 Otago Daily Times — 2 14 0 Reid Rubber 0 18 6 Skellerup, pref. —— 1 3 0 Silknit — 1 10 0 Taupo Totara 1 | 0 1 3 0 Weeks, pref. 1 5 0 —■ Whit, and Tombs .. 1 2 6 Wm. Cable — 1 12 0 Wilson’s Cement .. 0 16 3 0 16 6 Woolworths, ord. .. 1 0 6 — (N.Z.), ord. 1 3 3 1 3 6 Properties, c.d. 1 6 6 W. R. Cooke and Son 0 7 0 — UNLISTED STOCKS Buyers. Sellers £ s. d. £ S. d Andrews and Beaven, pref, cum .. Amal. Batteries 1 ~2 0 1 3 6 Pref. 1 3 0 Ape' Ice, ord. 1 14 0 — Ass. Mot. Pet. (pf.) 1 12 0 Beaths, Is paid (19s on dep.) 1 19 6 Belvedere Maison 0 14 0 British Pavements, 6J p.c. pref. 1 6 6 — Christchurch Press — 13 12 6 Matea Forests 0 3 3 0 3 8 Korma Textiles, pf. 1 1 9 1 2 6 John Chambers 1 10 0 1 10 9 Lane, Walker, Rudkin 2 14 0 2 16 0 Mackintosh. Caley, 2s 6d paid — 0 9 3 Maling and Co., pf. — 1 1 0 Mt. Cook Tours 0 8 0 — National Tobacco 1 10 6 N.Z. Fisheries — 0 17 0 Reece, Ltd., E„ ord. 0 1 4 —— Reece, Ltd.. E., pf. 0 11 0 — Regent Theatre, x.d. 0 14 6 0 16 6 Rink Investments — 1 2 6 Scales *’C" (pref.) 0 4 9 0 5 0 “B” pref. — 1 1 0 Victoria Mansions 1 2 0 Whakatane Board Pref. — 1 3 0