COMMERCIAL

Press, Volume LXXXV, Issue 25713, 27 January 1949, Page 6

COMMERCIAL

STOCK EXCHANGES MARKETS QUIET Markets were quiet on the Christchurch 1 Stock Exchange yesterday. Prices generally were well maintained, but dealings were restricted to a few stocks. G. J. Coles’ rights were active, but at the fractionally weaker price of 22s 3d. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change £ s. d. Var’n.

AUCKLAND Sales.—ls/7/62-64, 3 per cent. (£1000), £99; Mount Albert 8.C., 1/7/52, 4» 4 per cent. (£300)., £lO2 10s; Dom. Breweries (50), 68s; N.Z. Breweries (100), 50s; N.Z. Insurance, ex div. (100), 92s 3d; South British (425), 89s; Oamaru Wool (100), 375; Booth, Macdonald, pref. (100), 12s; Dom. Fertilisers (178), 27s 3d: Fletchers, pref. (300), 325; Coles, <rts. (33), 22s 2d, and (141), 22s Id; Wilsons Cement (500), 16s 9d, and (200), 16s 10d; Wool worths, N.Z. (100), 23s 4d: Woolworths, Sydney (500), 20s 6d; Waihi Invests. (327), 3s 6d. Unlisted: Tip Top, ord. (100), 51s 6d. WELLINGTON Sales.— Late Tuesday: Auckland Gas (500), 8s 8d; Wellington Gas (150), 29s 6d; Traders’ Finance, cont. (500), 9s 6d; Woolworths, Ltd. (300), 20s 6d. Unlisted: Alex Harvey and Son, 10s paid (200), 255. Yesterday: 3 per cent., 57-60 (£465), £99 12s 6d; Ballins Breweries, ex div. (100), 21s; J. J. Niven and Co., two sales (200), 37s 6d; G. J. Coles, rts. (75), 22s 3d; William Cable (100), 31s 6d; Woolworths, Ltd. (300), 20s 6d: Woolworths, N.Z. (100), 23s 3d, and (100), 23s 4d; Wellington Alluvials (100), 2s 9d; 3 per cent., December, 53-56 (£200), £99 17s’6d; 3 per cent., 57-60 (£800), £99 12s 6d; Wellington Woollen, cum div. (50), £9 10s. DUNEDIN Sales.—N.Z. Paper Mills (100), 41s 9d, and (100), 41s 6d; Woolworths. Ltd. (600), three sales. 20s 6d; Mackintosh, Caley, Phoenix, 15s fully paid (100), 31s 3d. Sales Reported.—Wilsons Cement (100), 16s 9d; Woolworths, Ltd., late sales (703, 500, 300), 21s 6d; Dunlop, N.Z., ord. (300), 21s 9d; Wilsons Cement (110), 16s 9d. * e LATEST QUOTATIONS Buyers. Sellers. £ s. d. £ s. d. Banks—

OTHER EXCHANGES

SYDNEY Trading on the Sydney Stock Exchange yesterday was conducted at steady rates and included some substantial turnovers. Sales.—Bank New South Wales, £39 17s 6d; Broken Hill South, 52s 6d: New Broken Hill. 45s 6d: Broken Hill Proprietary, 58s 6d; Electrolytic Zinc, 76s 3d; Woolworths, 22s 10»/ 2 d; Mount Lyell, 27s fid: Goldsbrough, Mort, 365; Oil Search, 6s 3d: Mount Isa, 44s 6d: Associated News, pref., 21s 3d; Australian Consolidated Industries. 55s 6d; British Tobacco. 51s 3d: Colonial Sugar. £6l 2s 6d; Bradford Cotton, 50s; Burns Philp, 78s 9d: Kuala Lumpur, 22s 3d: Rawang, 7s 7d; Mount Morgan. 10s 3d. MELBOURNE « Sales.—National Bank, 12s 6d paid, 21s 3d: Commercial Bank Australia, 24s 9d; Goldsbrough, 365; Carlton Brewerv, 66s 6d; Colonial Sugar. £6l ss: Drug Houses, 42s 3d; Felt and Textiles, 53s 6d; Masonite. 555: North Broken Hill, 89s; New Broken Hill. 45s 9d; Emperor. 10s 4d; Loloma, 18s 3d.

G. J. Coles, rights (12; 39; 56) ..1 2 3 —Id G. J. Coles, rights (35; 30; 6; 50) ..1 2 3 —Id Sales Reported N.Z. Refrig. (100), c.d. 1 19 6 + 3d G. J. Coles, rights (late sale Tuesday) (157) 1 2 3 —Id G. J. Coles, rights (75; 150) .. 1 2 3 —Id Woolworths, N.Z. (200) 1 3 4 +4d

Australasia Comm. of Aust., 10 0 0 c.d. 1 1 6 — Pref., c.d. 9 10 0 E., S., and A. 5 10 0 — Nat. of A’sia (£1) — 11 0 National of N.Z. .. — 2 18 0 Union, ex. Breweries— — 10 0 0 Ballins • • 1 10 0 1 11 5 Dominion — 3 9 0 New Zealand 2 9 0 2 9 9 Tui 2 6 6 —. Westland Coal— 1 18 0 — Kaitangata — 2 6 0 Puk?miro Frozen Meat— — 2 11 0 Canterbury — 16 7 6 Pref. N.Z. Refrig., £1 pd, — 8 12 6 c.d. 1 19 0 — 10s paid, c.d. — 0 19 2 North Canty. pf. 1 2 0 G?s— ” 'Auckland 0 8 3 0 8 9 Christchurch 1 5 0* — 10s paid — 0 12 3 F.A.M.E. 1 5 0 Pref. 1 3 6 1 7 0 National — 1 3 9 New Zealand, x.d. 4 12 0 —. Standard Loan and Agency4 5 0 — General Finance .. 1 0 0 —. C.F.C.A., ord. — 1 10 0 Dalgety 0 11 4 — Golds., Mort — 1 13 0 Invincible Building 5 0 0 —— Mutual Benefit .. 19 2 6 — Nat. Mortgage “A” 4 3 0 — "B” 2 3 0 —— N.Z.F. Co-op. 0 11 0 — “A” Pref. — 5 0 0 4J p.c. Stk., 50-60 102 7 6 —— 41 D.c. Stk.. ’55 102 7 6 —.. N.Z. Guam. Corpn. N.Z.L. and Merc, (ord.) 0 5 5 — 111 0 0 Perm. Invest, x.d. 0 12 0 —• Sth. Island Finance 3 9 — United Building .. Wright, Stephenson, 1 4 8 x.d. 2 1 6 2 2 6 Shipping— Union, pref. Woollens—' 1 11 0 Bonds —- 2 12 0 Bruce —— 2 5 6 Felt . and Textiles of N.Z. 1 19 6 2 4 10 Pref. — 7 0 Kaiapoi (17s paid) 1 6 0 6 10 Pnef. — 6 10 Mosgiel 15 0 0 — Timaru 1 8 3 9 3 Wellington • .. Misce'laneous— — 9 10 0. Acetone (pf.) —— 1 4 0 Alloy Steel (N.Z.) 2 10 0 — Andersons, 1st pf. 1 5 6 — Avon Metals — 1 2 0 Aust. Mot. Pet. — 7 6 Aust. C.l. — 12 0 Aust. Fnd. Invest. 0 5 6 6 5 ;g Beath and Co. 2 8 0 2 9 6 Is paid 0 18 0 — Begg and Co. — 1 13 3 Booth, Macdonald 0 3 0 — Pref. 0 12 0 0 12 6 Brit. Tobacco — 2 6 0 Broken Hill Pty. 2 11 6 — Burns, Philp — 3 12 0 Bulleid —— 0 0 Claude Neon, N.Z. 2 9 3 Colonial Sugar 54 10 0 55 0 0 Consol. Brick 0 11 0 — Denhard Bakeries — 0 14 0 Pref. 7 0 1 14 0 Dom. Builders 0 9 6 — Dom. Fertiliser — 7 9 Donaghy’s Rope .. — 3 0 0 D.I.C. (pref.) — 1 10 6 Dunlop. N.Z. 1 1 6 —— Pref. — 1 1 6 Electro. Zinc, ord. 3 7 0 3 10 0 Pref. 3 7 6 3 11 0 Evans Atlas 1 7 0 — Fletcher Holdings — 11 6 Frozen Products .. 2 3 0 G. J. Coles — 3 10 0 Coles, rights 1 2 2 —_ Greater Crystal j 3 0 — Hadfields 0 12 G — Hay’s, Ltd. Mason, Struthers, 3 5 0 — £ 1 paid 1 7 0 — Matches (N.Z.) — 0 14 6 Midland Mot., pref. — 0 Milburn Lime — 1 14 0 M.K. Manuf. 0 11 3 Morris Hedstrom .. — 2 15 0 Macduff's ., — 0 11 2 Pref. — 6 ' McKenzies — 3 6 9 McLeod Bros. — 3 0 0 National Electric .. 2 12 0 .— N.Z. Drug — 5 3 0 N.Z.F. Fertiliser .. 1 10 0 Pref. 6 0 N.Z. Forest Prod. 0 5 6 Pref 0 12 9 N.Z. Newspapers . . 2 9 0 — N.Z. Paper Mills .. — 2 1 3 Otago Daily Times - 2 13 6 Quill, Morris (1936) 1 16 0 Reid Rubber 0 19 6 Silknit — 10 0 Skellerup, pf. — 1 2 3 Taringamutu Timb. — 0 16 9 Taupo Totara — i 3 0 Turnbull and Jones — 1 19 0 Tingey, R. E., pf. — 1 13 0 ..Wilson’s Malt 1 11 0 Wilson’s Cement .. 0 16 8 0 17 0 W’wortns, ord. — 1 0 9 (N.Z.), ord. 1 3 4 1 3 6 UNLISTED STOCKS AmurJ Lime — 0 0 Amal. Batteries .. 1 2 0 1 4 6 Ass. Mot. Pet., pf. Beaths. Is paid. 1 16 0 19s on dep. — 1 19 0 Belvedere Mn. 0 14 0 Canty. Seed Co. .. 4 0 Christchurch Press 12 15 0 13 10 0 Korma Tex.. pf. 2 0 Macduffs Hold., pf. _ 0 11 0 Maling and Co., pf. — 0 Matea Forests — 0 3 9 Mt. Cook Tours .. 0 8 3 Nat. Tobacco 10 6 Regent Theatre 0 16 0 Scales “C” (pf.) .. 0 5 0 0 6 S.I. Dev.. 10s pd. 0 11 0 Victoria Mansions 2 0 Whakatane Board 1 0 0 1 2 0