COMMERCIAL

Press, Volume LXXXV, Issue 25739, 26 February 1949, Page 8

COMMERCIAL

STOCK EXCHANGES A BRIGHTER TONE A brighter tone prevailed on the Christchurch Stock Exchange yesterday. Prices generally were well maintained—there were no falls—and business was well spread. On the whole the week ended weD. DOMINION TRANSACTIONS CHRISTCHURCH

Sales.—ls/4/60-63, 3 per cent. (£500), £lOO 10s; Comm. Bank of Aust. (100), 20s lOJd; Bank N.S.W. (10), £36 ss; Tooths (50), 68s 9d; Auckland Gas (200). 8s 8d; National Insurance (100), 22s 8d; N.Z. Insurance (300), 91s; Northern Steam (200), 8s 6d; Taupo Totara (200), 22s 3d; By croft (150), 70s; Turnbull and Jones, pref. (200), 255; Woolworths, N.Z. (500), 235; Woolworths, Sydney (200), 20s 3d; Ballarat South Gold (400), 5s 7Jd. Unlisted: Innes Indust., pref. (100), 24s 9d; Korma, pref. (100), 20s 6d, and (100) 21s; Reid Rubber, pref., 15s paid (100), 16s 3d. WELLINGTON Sales.—Late Thursday: 2J per cent., 1/10/53 (£2900), two sales, £9B 10s. Yesterday: 2J per cent., 47-49 (£500), £lOO 2s 6d; 3 per cent., 62-64 (£2500), £99 15s; Bank of Australasia (100), £9 15s; N.Z. Breweries (257), 48s; Auckland Gas (200), 8s 8d: Broken Hill Pty., two sales (400), 50s 6d; Consolidated Brick (100), Ils 6d; Farmers’ Trading (100), 38s 6d; Turnbull and Jones, pref. (200), 255. DUNEDIN Sales.—National Insurance (100), 22s Bd. Sales Reported.—2J per cent., 1953, late sale (£2020), £9B 10s; 3J per cent., 195357 (£600), £lOl 15s; N.Z. Refrig., cont. (300), 18s; Otago Daily Times (100), 525; N.Z. Breweries (200), 48s. LATEST QUOTATIONS Buyers. Sellers £ s. d. £ s. d.

OTHER EXCHANGES

SYDNEY The Sydney share market yesterday presented a slightly steadier front than recently, with price faHs few and industrials recovering. Sales.—Commercial Bank of-Sydney, £24 6s; Bank of New South Wales, £39 7s 6d: National Bank (20s paid). 345; British Tobacco, 49s 3d; Tooths. 795; Associated News, £2l Is OJd; Colonial Sugar, £6l 2s 6d; Wilcox, Mofflin, 17s 6d; Broken Hill Pty., 56s 9d; Burns. Philp, 77s 6d; Claude Neon, 375; Hadfields, 13s; Kandos, 40s 3d; Woolworths, 22s 7Jd; Rawang, 6s sd; Oil Search. 6s 4d. MELBOURNE Sales.—Bank of Australasia £ll 8s; Carlton Brewery, 67s 3d; Swan Brewery. 375; Australian Cement, 465; A.C.1., 565; Felt and Textiles. 55s 9d; Herald, 20s sd: Hume Pipe, 30s 6d; Myer. 48s 9d: Broken Hill Pty., 56s 6d; North Broken Hill, 80s; South Broken Hill. 495; Emperor. 9s; Mt. Morgan, 9s 4d; Oil Search, 6s 3d.

Sales on ’Ch ang £ s. d. Varn 3 p.c., 60-63 (£600) Comm. Bank of Austra100 10 0 — lia (100; 100 1 1 0 4-6d N.Z. Breweries (200) .. 2 Sales Reported 8 0 N.C. 3 p.c. May. 53-56 (£500) National Bank of N.Z. 100 12 8 — (100) 2 15 0 N.C. Ballins Breweries (200) 10 0 N.C. N.Z. Breweries (200) N.Z. Farm. Co., “A” 2 8 0 N.C. pref. (180; 100; 100) N.Z. Farm. Co-op. “B” 4 15 0 N.C. pref. (220) Union Steam, pref, (late 4 15 0 N.C. sale Thursday) Mason, Struthers (£1 1 10 6 -J- 3d pd.) (100) Mason, Struthers (10s pd.), late sale 1 7 6 N.C. Thursday (175) N.Z. Farm. Co-op. (200) 0 13 6 — (1955 Stk.) 101 0 0 — Sales Reported: Reid Rubber, pref., 15s paid, late sale ThursUnlisted N.C. day (100) .. 0 AUCKLAND 16 3

2} p.c. Ins., 15/6/4749 2| p.c. Ins., 15/2/4950 99 2 6 100 2 6 2J p.c. Ins., 15/4/4951 99 5 0 2J p.c. Ins., 15/4/5051 99 5 0 2i p.c War Loan, 1/10/53 98 0 0 3 p.c. Ins., 1/8/5154 100 0 0 — 3 n.c. Ins., 15/9/5255 101 0 0 3 p.c. Ins.. 15/12/5356 100 7 6 3 P.c. Ins.. 15/4/6063 100 10 0 3 p.c. Ins.. 15/7/6365 100 0 0 3j p.c. Ins., 15/1/5659 101 2 6 — 34 p.c. Ins.. 15/9/5760 102 2 6 ' 3J p.c. Ins., 15/1/5357 101 7 6 — 3J p.c. Bonds. 15/1/ 53-57 101 12 6 __ 3J p.c. Ins., 22/5/60 103 10 0 — 4 p.c. Ins., 15/5/4952 100 15 0 4 p.C. Ins., 15/6/5255 - 103 2 6 — 4 o.c. Ins.. 31/5/5458 .. .. 104 15 0 BanksAustralasia .. — 10 0 0 Comm, of Aust. .. 10 9 110 National of N.Z. .. — 2 15 0 Union —— 10 0 0 Breweries— Ballins •• 19 0 1 10 0 New Zealand 2 8 0 — Tui •. 2 6 6 ■ ■ Tooths • • —— 3 10 0 Westland — 2 10 Coal— Pukemiro .« 2 9 0 2 10 0 Frozen MeatCanterbury 16 2 6 — Gear .. - — 1 10 6 N.Z. Refrig.. £lpd. 1 17 6 — Gas— Christchurch 14 8 10s paid — 0 11 9 Timaru, ex. 0 10 0 — Wellington 18 9 — Insurance— National •• — 12 9 New Zealand — 4 12 0 South British — 4 8 6 Standard — 4 5 0 Loan and Agency— General Finance 10 0 — C.F.C.A., ord. 15 0 19 0 Dalgety — 0 11 5 Newton King i ■ 16 0 Invincible Build. 5 0 0 6 0 0 Mutual Benefit 19 2 6 — Natl. Mort. “A” .. 4 3 9 4 7 6 "B” 2 3 6 — N.Z.F. Co-op. 0 11 2 0 11 9 First pref. — 6 12 6 "A” pref. 4 14 0 4 16 9 “B” pref. 4 14 0 — Perm. Invest. 12 1 0 — Perpetual Trustees 2 3 0 — Sth. Island Finance 14 0 —— United Building 14 6 — ShippingNorthern 0 9 6 Union, pref. 1 10 3 — Woollens— Felt and Textiles of N.Z. 2 2 0 Pref. 15 6 — Kaiapoi, 17s paid 16 0 — Oamaru 1 17 9 Timaru 19 0 Wellington — 9 10 0 Pref. 9 5 0 — Miscellaneous— Andersons, 1st pf. 15 6 __ Beath and Co. 2 8 6 — Is paid 0 18 6 116 Begg and Co. — 1 13 0 Booth, Macdonald 0 3 0 0 3 8 Broken Hill Pty. 2 10 6 2 11 6 Bycroft • 3 2 6 — Colonial Sugar —• 54 0 0 Con. Brick 0 11 3 — Denhard Bakeries — 0 14 0 Pref. — 1 14 0 Dom. Builders 0 9 6 — Fletcher Holdings — 19 9 Frozen Products .. — 12 7 G. J. Coles — 3 9 0 Hay’s, Ltd. 3 5 6 — Kauri Timber 1 12 0 Mason. Struthers, £ 1 paid 17 3 14s paid — 0 19 0 Matches (N.Z.) 0 10 0 0 15 0 Metters (N.Z.) 110 ■ ~ Midland Mot., pf. —— 10 6 Milburn Lime 12 6 Morts Dock — 14 6 Macduffs 0 10 6 0 10 11 Pref. —— 18 0 McLeod Bros. — 3 0 0 National Electric 2 12 0 — N.Z. Drug — 5 0 0 N.Z. Forest Prod. 0 5 6 0 5 10 Pref. 0 12 3 0 12 11 N.Z. Newspapers .. 2 9 9 — Niven and Co. ■— 1 17 6 Otago Daily Times — 2 12 0 Quill, Morris (1936), c.d. 1 18 6 Rubber Distrib. .. — 0 17 6 Silknit — 19 0 Skellerup, pref. .. 12 0 —— Taupo Totara 12 0 13 0 Whit, and Tombs 119 — Wm. Cable — 1 11 3 W’worths., ord. 10 0 10 4 (N.Z.), pref. 12 9 — (W.A.) — 3 10 0 W. R. Carpenter .. 2 0 0 — Overseas Listings— W ool worths (South Africa) 18 0 Aust. Mining — Emperor Fiji 0 7 6 Mount Lyell .. 12 0 15 0 Mining— Austral (N.Z.) .« -0 5 0 Barrytown . — 0 14 0 Grey River .. 0 3 6 0 7 2 Ngahere 0 3 0 — UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Amajg. Batteries . — 10 0 Pref. — 12 0 Apex Ice, ord. —- 1 14 0 Beath. Is paid, 19s on dep. 1 17 6 Canty. Seed Co. . — 15 0 Ch.ch. Press — 12 15 0 Lane. Walker. Rudkin — 2 15 0