COMMERCIAL

Press, Volume LXXXV, Issue 25742, 2 March 1949, Page 6

COMMERCIAL

STOCK EXCHANGES MODERATE TURNOVER A moderate turnover was recorded on the Christchurch Stock Exchange yesterday. The bulk of the dealings was in Government securities and prices generally were stable. . DOMINION TRANSACTIONS CHRISTCHURCH

AUCKLAND Sales.—ls/2/49-50, 2J per cent. (£400), £99 ss; 15/2/55-58, 3 per cent. (£800), £99 17s 6d; 15/11/57-60, 3 per cent. (£930), £lOO ss; 15/7/63-65, 3 per cent. (£1500), £99 15s; Bank of N.S.W. (5), £36 ss; Dominion Breweries (200), 65s 6d; N.Z. Breweries (50), 48s; N.Z. Insurance (100), 91s; South British (50), 88s; Felt and Textiles, Aust. (200), 49s 3d: Felt and Textiles, N.Z., ex rights (100), 40s 9d; Berlei, N.Z. (TOO), 265; Colonial Sugar (5), £54; Dunlop, N.Z., pref. (450), 21s 6d; Fletchers (416), 29s 6d; Macduffs (100), 10s lOd; N.Z. Newspapers (100), 51s; Woolworths, N.Z. (200), 235; Wool worths, Sydney (400), 20s; Emperor (100), 9s. Unlisted: Reid Rubber, pref., 15s paid (100), 16s 3d. WELLINGTON Sales.—Late Monday: Caros Bargain Stores (200), 265; Wool worths, N.Z. (200), 235. Yesterday: 2J per cent., 49-50 (£500), £99 7s 6d; 3 per cent., 52-55 (£750), £lOl 2s 6d; 3 per cent.. May, 53-56 (£1000), £lOO 12s 6d; 3 per cent., 56-59 (£2000), £lOO 6s 6d; 3 per cent., 60-63 (£790), £lOO 7s 6d; Bank of Adelaide (21), £7 13s; N.Z. Breweries (100), 48s; Union Steam, pref. (500), 30s 6d; Felt and Textiles, ex rights (100), 40s 9d; Berlei, N.Z., Ltd. (200), 26fe; Bums Philp (100), 70s; Macduffs, Ltd. (200), 10s lid; Woolworths. Ltd., five sales (700), 20s 2d. Unlisted: B. L. Hart and Co. (100), 50s; Macduffs Holdings, pref. (100), 10s lOd. DUNEDIN Sales Reported.—Woolworths, N.Z., late sale (400), 235; National Savings Bond%, March, 1953 (£2000). £lOO. INVERCARGILL Sale Reported.—l 947-49, 2J per cent. (£300), £lOO.

Sales on *Ch inge £ s. d. Var’n. 3 p.c., Dec., 53-56 (£500) 100 12 6 — Sales Reported 21 p.c., 47-49 (£500) .. 100 0 0 3 p.c., 52-55 (£750) 101 2 6 3 p.C., May, 53-56 (£400) 100 15 0 —■ 3 p.c., May, 53-56 (£1000) 100 12 6 —> 3 p.c., May, 53-56 (£400) 100 15 0 3 p.c., Dec., 53-56 (£2000) 100 12 6 —• 3 p.c., 56-59 (£2000) 100 7 6 3 p.C., 60-63, Stk. (£415) 100 10 0 Invincible Bldg. (24) 5 7 6 — N.Z. Farm. Co-op., first pref. (100) 6 10 0 — N.Z. Farm. Co-op., 1955 Stock (275) 101 0 0 Union Steam, pf. (500) .. 1 10 6 N.C. Fletcher Hold. (316) 1 9 6

LATEST QUOTATIONS Buyers. £ s. d. Sellers. £ s. d. Banks— 'Australasia 9 .7 6 — Australasia, c.d. .. 9 7 6 T — Comm, of Aust. .. 1 0 9 — National o* N.Z. .. 2 14 6 2 15 0 Union 9 7 6 9 16 0 Breweries— Ballins —— 1 10 0 New Zealand .. 2 8 0 — Tui 2 6 6 — Tooths 3 6 0 — Westland —- 2 1 0 Coal— Pukemiro •. — 2 9 3 Frozen Meat— Canterbury 16 0 0 — Gear — 1 10 3 N.Z. Refrig. 10s oaid — 0 18 1 Nth.. Cantby. (pref.) 1 0 — Cf as*"" Auckland .. 0 8 8 •— 5s paid •• 0 3 4 —— Christchurch .. — 6 10s paid .. 0 11 0 0 11 6 Timaru •• 0 10 0 — Insurance— National 1 2 0 1 2 8 New Zealand — 4 11 6 South British 4 6 0 — Standard 4 3 0 — Loan and Agency— General Finance .. 1 0 0 C.F.C.A., ord. 1 5 0 J 9 0 Pref. — 3 2 0 Invincible Bldg. .. 5 0 0 — Mutual Benefit 19 5 0 Nat. Mortgage “A” 4 4 0 —— ”B” 2 3 6 — N.Z.F. Co-op. 0 11 0 0 11 8 First pref. 6 12 6 "A” pref. — 4 16 0 "B” i>ref. — 4 16 0 N.Z. Guam. Corp. 0 5 3 — N.Z. L. and Mer. (ord.) __ 107 0 0 Perm. Investment 12 1 0 — Perpetual Trustees 2 3 0 — South Is. Finance 1 4 0 United Building .. 1 4 0 — Shipping— Northern z .. __ 0 9 0 Union (pref.) 1 10 6 — Woollens— Bonds 2 7 6 2 10 0 Bruce — 2 5 0 Felt and Textiles of N.Z. 2 2 0 — Kaiapoi (17s paid) 6 A Pref. 1 6 4 1 7 0 Oamaru 1 17 6 — Timaru — 1 9 0 Wellington 9 5 0 z — Wellington, pref. 9 5 0 Miscellaneous— Beath and Co. 0 19 0 1 1 Begg and Co. 1 13 0 Booth, Macdonald 0 3 0 — Brit. Tobacco, c.d. 2 5 6 Broken Hill Pty. 2 11 0 Colonial Sugar 54 0 0 Denhard Bakeries __ 0 14 0 Dom. Builders 0 9 6 — Dunlop, N.Z. —— 1 1 8 Pref. 1 1 8 Fletcher Holdings —— 1 9 9 Frozen Products — 1 2 7 G. J. Coles 3 6 0 3 9 0 Hay’s, Ltd. 3 5 6 — Kauri Timber 1 12 0 1 14 6 Mason, Struthers, £1 paid ■ 7 6 — Midland* Mot., pref. 0 19 0 1 0 6 Morts Dock 3 6 Macduffs — 0 11 0 McLeod Bros. —— 2 18 9 National Electric .. 2 12 0 N.Z. Drug — 5 0 0 N.Z. Forest Prod. 0 5 6 0 5 11 Pref. — 0 13 0 N.Z. Newspapers .. 2 9 9 — Niven and Co. 1 17 6 Otago Daily Times —— 2 12 0 I Quill. Morris (1936), x.d. 1 17 9 —_ c.d. 1 18 6 — Rubber Distrib. —— 0 17 6 Silknit .a— 1 11 0 Silknit, c.d —— 1 11 0 Skellerup, pf., c.d. 1 2 0 — Taupo Totara 1 2 0 Turnbull and Jones pref. — 1 5 6 Whit, and Tombs 1 1 10 Wm. Cable — 1 11 3 Wilson’s Cement.. 0 16 8 W’worths, ord. 1 0 0 1 0 3 (N.Z.), ord. 1 2 9 2 11 (W.A.) — 3 10 0 W. R. Cooke and Son 0 7 0 — UNLISTED STOCK Amal. Batteries .. 1 1 0 Pref. j 0 Apex Ice (ord.) 1 15 6 Beaths, Is paid, 19s on dep. 1 17 6 Canty. Seed I 5 0 Christchurch Press 12 15 0 — John Chambers 1 10 0 —- Lane, Walker, Rudkin, 2 15 0 Korma Textiles, pf. 1 0 6 i 0 ord. __ 1 3 0 Maling and Co., pf. 1 0 5 Mack’h. Caleyx Phoenix — 2 0 6 5s paid — 0 15 0 Mt. Cook Tours 0 11 0 National Tobacco 1 11 6 N.Z. Fisheries —- 0 17 0 Matea Forests — 0 3 3 Macduffs Holdings. pref. 0 10 10 Marathon Rubber 1 10 0 Rink Inv< stments 0 18 6 1 2 6 Scales "C,” pref. .. 0 5 0 Victoria Mansions 1 2 0 ___ Whakatane Board — 1 0 6