COMMERCIAL

Press, Volume LXXXV, Issue 25811, 24 May 1949, Page 8

COMMERCIAL

STOCK EXCHANGES

WEEK OPENS QUIETLY Markets were quiet on the Christchurch Stock Echange yesterday. Prices generally were well maintained, an evception, however, being provided by New Zealand Breweries, which eased Is to business at 465. DOMINION TRANSACTIONS CHRISTCHURCH Sales on - ’Change £ s. d. Var’n. New Zealand Breweries (100) .. 2 6 0 —1Sales Reported National Bank of N.Z. (100 ) 2 19 0 -4-3 d National Mortgage, “A" (1000), late sale Friday .. .. 0 8 6 Bycroft (100) .. .. 211 9 Quill, Morris (415) .. 1 18 6 Woolworths, N.Z. (200) 1 4 3 -I-Id AUCKLAND Sales.—ls/2/55-58, 3 per cent. (£200), £lOO 10s; 15/4/56-59, 3 per cent. (£200), £99 17s 6d; 15/4/60-63, 3 per cent. (£765), £99 17s 6d; 15/7/62-64. 3 per cent. (£2uo), £lOO 10s; 15/9/57-60, 3} per cent. (£255) £lOl 15s; National Savings, 29/9/49 (£200), £ll2 ss; 3/10/49 £100), £ll2 ss, and 4/10/49 (£200), £ll2 ss; Union Bank (2S), £9 12s; Tooths (200), 70s; Auckland Gas (375), 8s sd; Dominion I. and B. (100), 245; F.A.C., £5 paid (25), £7 ss, and A pref. (100), 26s 9d; Felt and Textiles, Aust., rts. (508), 7s 9d; Felt and Textiles N.Z., pref. (100‘, 24s 6d; Eycroft (100), 51s 6d; Colonial Sugar (8), £53; Farmers' Trading (100), 39s 6d; Coles (50), 71s; Reid Rubber (200), 18s, and pref. (200), 21s 9d; Woolworths N.Z. (100), 24s 6d; Waihi Invest. (700). 3s 6d. Unlisted: Korma, pref. (200). 21s. Selfridges N.Z. (300), 12s; Tip Tap Ice (100), 545. WELLINGTON Sales.—Late Friday: Kaiapoi Woollen (100). 26s 9d. Yesterday: 2\ per cent., 1/10/53 (£200), £9B 17s 6d; 3 per cent , December. 1953-56 (£400), £101; 3 per cent., 1962-64 (£4700), 2 sales, £lOO 10s; 3 per cent., 1963-65 (£4240), £lOO 10s; National Bank of N.Z. (100), 595; Union Bank of Aust. (26), £9 12s; Wellington Gas (150), 30s 3d; Felt and Textiles Aust., rights (Sydney register) (25), 7s 6d, and (106). Melbourne register. 2 sales, 7s 6d; Acetone Welding, pref. (200), 23s 6d; British Tobacco, ex rights, 2 sales (300), 42s 6d; Colonial Sugar (8), £53; N.Z. Farmers' Fertiliser (175), 30s; N.Z. Forest Products (116) 5s 2d; Reid Rubber, pref. (200), 21s 9d. DUNEDIN Sales Reported.—Otago Daily Times (2525), 495; National Mortgage (1000), 8s 6d; Colonial Sugar (25), £53; 1.C.1., pref. (200), 22s 6d; Woolworths N.Z. (200), 24s INVERCARGILL Sales Reported.—l9ss-58, 3 _per cent. (£200), £lOO 10s; Woolworths, Ltd. (500), 22s 2d; Southland Frozen Meat (2007, 595.

OTHER EXCHANGES SYDNEY Neither buyers nor sellers showed much interest in the sharemarket at Sydney yesterday, and apart from activity in oil search, the market was quiet. Sales.—National Bank. 12s 6d paid, 20s; E., S., and A. Bank. £6 16s: Tooths, 77s 6d; Associated News., 16s 6d: A.C.1., 54s 8d; Bradford Cotton, 435; Broken Hill Pty., 525; Felt and Textiles, 40s 9d; Coles, 765; British Tobacco, 475; Goldsbrough, 375; Wool worths, 23s 3d; Broken Hill South. 40s 9d: Emperor, 9s 3d; Placer Development, £6 10s: Oil Search, 6s Id. MELBOURNE Although falls were numerous on the fifelbourne Stock Exchange yesterday afternoon, they were small and most leaders were firm. Sales.—Commercial Bank of Australia, 24s lOd; Swan Brewery, 36s 9d; Australasian Paper. 31s; British Tobacco, 475; Dunlop pref., 47s 6d: Coles, 775; Herald, 18s 6d; Hume Pipe, 31s 6d; N.Z. Forest, 6s Id: Olympic Tyre, 19s 6d; Yarra Falls, Ms; Broken Hill Pty., 52s 3d; South Broken Hill, 41s; North Broken Hill. 665; Mount Isa, 34s 6d; Mount Morgan, 8s 9d; Oil Seardh, 6s 2d.

LATEST QUOTATIONS Buyers. £ s. d. Banks— Sellers. £ s. d. 6 0 0 Comm, of Aust. .. E., S., and A. National of N.Z. New South Wales Union 12 6 2 19 0 35 12 6 9 7 6 Breweries— Ballins — 1 10 8 Dominion 3 8 6 New Zealand . 2 6 0 Kaitangata 2 5 0 Pukemiro 2 6 0 Frozen Meat— Canterbury 15 15 0 Pref. __ 8 10 0 N.Z. Refrig., £lpd. 1 18 0 10s paid — 0 18 0 Waitaki 8 2 6 Gas— Christchurch 15 6 10s paid 0 11 0 Napier 6 0 0 Insurance— E.A.M.E., pref. .. 16 0 National 1 1 2 116 • New Zealand 4 14 6 South British .. , . 4 7 0 — Standard 4 3 0 Loan and Agency— C.F.C.A., ord. — 1 10 0 Pref. 3 1 0 Ch 'ch. Building .. 20 10 0 — Dalgety — 0 9 9 Goldsbrough, Mort. 1 13 0 Invincible Build. .. 5 5 0 — Mutual Benefit 19 0 0 Nat. Mortgage “A” 0 8 3 0 9 0 N.Z.F. Co-op. 0 12 3 0 13 0 First pref. 6 15 0 “A” pref. 4 14 6 — “B” pref. 4 14 6 4J p.c. Stk ’50-60 103 2 6 —— 4J p.c. Stk. ’55 .. 103 2 6 m— N.Z. Guar. Corpn. 0 5 6 . N.Z.L. & Mer., ord. 98 0 0 __ Permanent Invest. 12 12 6 _m Perpetual Trustees 2 3 0 __ Wright, Stephenson — 2 11 0 Pref. 1 5 0 mm Shipping— P. and O. • .. 2 7 6 — Union (pref.), ex. -1 8 9 MM Woollens— Felt and Textiles, rights 0 7 0 0 7 9 Felt and Textiles of N.Z. 1 18 0 1 18 6 Kaiapoi, 17s pd .. 1 6 9 — Pref. 1 6 7 mm Mosgiel 14 10 0 __ Wellington — 9 8 6 Pref. .. 9 7 6 MM Miscellaneous— Acetone (pref.) .. 1 3 6 MM Alloy Steel (N2.), x.d. ■ - 2 15 0 Andersons, 1st pf. 1 5 3 — Amalg. Wireless, rights ' 0 5 0 — Avon Metals — 13 3 Beath and Co. 2 8 3 — Begg and Co. 1 12 9 — Booth, Macdonald, pref. 0 11 0 —— British Tobacco .. 2 2 0 — Broken Hill Pty. .. — 2 8 6 Bycroft 2 11 0 —— Canty. Roller Flour 0 15 9 ■ ~ Colonial Sugar 52 17 6 MM Consolid. Brick 0 10 9 — Brit. Tobacco, its. — 0 6 0 Dental and Med. .. 1 11 0 — Dom. Builders 0 10 0 — Dom. Fert., x.d. .. — 18 6 Donaghy’s Rope, c.d. 2 18 0 MM D.I.C., 10s paid 1 17 6 — Dunlop, N.Z. 0 18 3 0 19 3 Pref. 1 0 6 MM Electro. Zinc, ord. 3 0 0 Pref. — 3 0 0 Evans Atlas 1 .7 6 — Fletcher Hold. — 1 11 9 Frozen Products .. 1 0 0 118 G. J. Coles 3 10 0 3 12 0 Hogg and Co. — 0 9 6 Hay’s, Ltd. 3 7 6 MM Mason, Struthers, £1 paid 1 7 9 — 14s paid 0 17 6 — 10s paid 0 13 3 — Matches (N.Z.) 0 11 0 0 14 0 Metters (N.Z.) 1 1 9 MM Milburn Lime 1 11 0 — Macduffs 0 10 6 0 10 8 Pref. 17 0 Macduffs Holdings, pref. 0 10 6 0 10 10 . National Electric .. 2 14 0 — N.Z. Drug 5 2 6 — N.Z.F. Fertiliser .. 1 9 6 N.Z. Forest Prod. N.Z. Newspapers .. 2 10 6 Niven, J. J. —— 1 17 3 Otago Daily Times 2 8 3 2 10 0 Quill, Morris (1936) — 2 0 0 Reid Rubber — 0 18 0 Pref. 1 1 0 M— Simpson and Williams — 2 18 0 Silknit 1 5 6 —— Skellerup, pref. .. 1 2 6 Taupo Totara — 12 0 Tingey, R. E., pref. 1 11 6 Wilson Malt — 1 14 9 W’worths., ord. 7 —— (N.Z.), ord. 1 4 4 14 6 W. R. Cooke and Son 0 7 5 —• UNLISTED STOCKS Andrews and Beaven 1 2 3 13 0 Ass. Mot. Pet., pf. 1 11 3 — Canty. Seed 1 5 6 — Christchurch Press 12 15 0 13 0 0 Innes Industries .. 1 5 3 MM Kerma Textiles .. 1 1 0 — Ord., new — 0 18 0 Mating and Co. .. 1 0 3 MM Mackintosh, Caley, Phoenix 1 13 6 1 15 0 Matea Forests 0 2 9 — National Tobacco .. 1 2 0 1 10 0 Lines Bros. 1 8 6 — Mt. Cook Tours .. — 0 10 6 Reece, Ltd., E., pf. 0 11 0 0 12 0 Regent Theatre 0 12 0 0 14 0 Rink Invest. 0 18 6 12 6 Scales "C,” pref. .. 0 7 0 —— Victoria Mansions 1 2 0 •MWhakatane Board Pref. 0 18 1 1 6 0