COMMERCIAL

Press, Volume LXXXV, Issue 25932, 12 October 1949, Page 8

COMMERCIAL

< STOCK EXCHANGES DULL TRADING A moderate turnover was recorded on the Christchurch Stock Exchange yesterday. With the exception of G. J. Coles, Australian securities and chain stores revealed a weakening tendency. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change £ s. d. Var’n 3 p.c.. 1962-04 (£300) ..100 5 0 B.H.P. (200) .. 2 3 3 —6d Macduff's (500 : 400) .. 0 12 6 N.C. Woolworths N.Z. (100) .. 1 3 9 N.C. Sales Reported Dalgety and Co. (400) .. 0 10 0 -{-2d Felt and Textiles N.Z. (150) .. 1 14 6 Berlei (N.Z.) (100) .. 1 3 8 -4-Id Silknit (N.Z.) (£500) .. 15 6 AUCKLAND Sales.—ls/11/57-60. 3 per cent. (£230), £lOO 15s: 15/4/60-63, 3 per cent. (£1725). £lOO 15s: 15/6/52-55. 4 per cent. (£400). £lO3 15s; 31/5/54-58, 4 per cent. (£400), £lO5 ss; Amal. Brick. Auckland, 1/3/5459, 5 per cent. (£200). £lO3 ss: Comm. Bank Aust. (100), 22s 3d: Berlei N.Z. (1000), 23s 7d; Colonial Sugar (8), £56; Farmers' Trading (100), 395; Fletchers (150), 30s 3d; Macduffs (300), 12s 4Jd. (300), 12s 3d, and (300), 12s 2d; Silkmt N.Z. (500), 25s 6d; Wool worths N.Z. (300), 23s 9d. Unlisted: Maple Holdings, pref. (100), 25s 9d; Korma, ord. (550), 13s. WELLINGTON Sales.-—Late Monday: 2J per cent., 1/10/53 (£820). £99 ss; 3J per cent.. 195357 (£600), £102: Hume Pipe (200), 29s 6d; Broken Hill Pty. (100), 43s (Id. Yesterday: 21 per cent., 1/10/53 (£500), £99 ss; 3 per cent.. 1952-55 (£200), £100; Grey Electric Power Board. 4J per cent., 1/10/53 (£1100). £lO3 ss; Mount Morgan (100), 14s 2d; Gear Meat (400). 28s (id; British Tobacco (100). 42s 3d; Broken Hill Pty.. 2 sales (100), 43s fid; G. J. Coles, 2 sales (400), 18s 8d; J. J. Niven, 2 sales (150), 42s 6d; Macduffs, 2 sales (200), 12s 4d; Woolworths, N.Z. (200), 23s 9d. Unlisted: Dominion Life, ordinary (500), Bs. DUNEDIN Sales Reported.—New Zealand Breweries (100), 43s 9d; Dalgety and Co. (100), 10s; Berlei N.Z. (100), 23s 7d; Dalgety and Co. (400), 10s: Dunlop. N.Z., ord. (125), 18s 3d; Wright. Stephenson, ord. (400), 465; New Zealand Breweries (75), 43s 9d; Union Steam (pref.) (200). 30s 6d. LATEST QUOTATIONS Buyers. Sellers.

OTHER EXCHANGES SYDNEY Increased investment activity on the Sydney Stock Exchange yesterday was mostly at steady rates. Sales.—Bank of New South Wales, £4O ss; Union Bank, £11; Tooheys, 36s 3d; Mercantile Mutual, 61s 6d; Aust. Paper, 32s 9d; A.C.1.. 58s 9d; Berlei, 53s 6d: Bradford Cotton, 435; Colonial Sugar, £62 15s; Electro. Zinc, 71s; Felt and Textiles, 44s 3d; Coles, 21s 4Jd; Howard Smith, 24s 3d; Anthony Hordern, 235, and pref.. 26s 3d; British Tobacco, 465; Burns, Philp, 79s 6d; General Industries, 34s 6d; Stedman, 28s; Wilcox, Mofflin, 16s 10£d; Broken Hill. 35s 6d; South Broken Hill, 52s 3d; North Broken Hill, 86s 3d; Mount Morgan, 16s 3d; Rawang. 7s 3d; Oil Search. 6s sd; Placer Development, £8 Is. MELBOURNE The demand for investments was very strong on the Melbourne Stock Exchange yesterday, and the turnover was high. I Base metals were quiet. Sales. —Commercial Bank of Australia, 25s 3d; Goldsbrough, Mort, 39s 3d; A.C.1., 58s 9d: British Tobacco, 465; Drug Houses, I 39s 6d; Dunlop, 41s; Felt and Textiles, i 44s 6d; G. J. Coles. 21s 3d; Henry Berry, 16s 6d; Howard Smith. 245: Hume Pipe, 34s 3d; Wool worths, 23 s lOd; Broken Hill Pty.. 48s lOd; Broken Hill Pty., new. 265. South Broken Hill, 525; Consolidated Zinc, pref., 20s 9d; Mount Isa, 40s fid; Mount Lyell, 23s fid; Central Norseman, 16s 3d; Emperor, 12s 8d; Loloma. 235; Mount Morgan. 16s 3d; Oil Search. 6s 4d.

Banks— £ s. d. Natl, of N.Z. 2 13 9 New South Wales 8 15 0 — Breweries— Ballins - 1 n 0 New Zealand — 2 4 0 Westland — 2 1 0 Coal— Kaitangata .. — 15 0 Pukemiro — 1 18 6 Frozen Meat— Canterbury 16 7 6 — Pref. 8 2 6 8 12 6 N.Z. Refrig. (£1 pd.) 18 |; 10s paid 0 18 9 — Gas— Auckland — 0 8 0 5s paid 0 2 1 Christchurch ! . i 0 10s paid 0 1 i 0 0 12 0 Tima ru 0 10 0 0 12 6 Gisborne 0 5 11 — Insurance— National 1 2 9 - New Zealand 4 18 0 4 19 South British, c.d. 4 ( ■. — Loan and Agency— C.F.C A., ord ] 7 6 Pref. ' ’ *: 0 ■ ■ 0 D.lgcty () 10 0 0 10 1 Trustees Executors 17 1 ) Invincible Bldg 7 (> — Nat. Mortgage “A" — 0 > 0 "B" 2 0 —— N.Z.F. Co-op. (1st. pref.) .. 0 — "A** pref. .. 4 10 0 — 4i p.c. Stk’. 1950CO 02 — 41 p.c. Stk.. 1955 7 6 — N.Z. Guar. Corpn. 0 5 6 Perm. Invest. ! 1 15 0 —. Perpetual Trustees, x.d. 2 6 0 — South Island Fin , c.d. 0 — United Building 4 0 — Wright. Stephenson 2 5 0 6 6 Wright. Stephenson (pref.) — 1 6 Shipping— Huddart Parker .. — 8 0 Woollens— Felt and Textiles —— 1 19 J) of N.Z. 14 2 14 6 Kaiapoi (17s pd.) .. 7 3 1 8 6 Pref ■- Korma Tex. (pref.) 0 19 6 — Mosgiel — 2 16 0 Miscellaneous— Anderson's (1st pref.) I 0 — Bartholomew Tim. 1 15 0 — Aust. Foun. Invest. — 0 9 Avon Metals — 1 ■ 0 Berlei (N.Z.) 1 3 6 — Booth. Macdonald — 0 3 Pref. — 0 1 n 3 Brit. Tobacco — ■ 2 Broken Hill Pty. .. 2 3 0 2 (i Bullcid — 0 18 (i Canty Saleyards .. 1 18 Colonial Sugar — 56 0 Consolidated Brick — 1 1 Dom. Builders 0 0 10 6 Dom. Rubber 0 0 — Donaghy’s Rope .. 18 0 — D.I.C. (10s pd.) .. 10 ' i — Pref. 1 8 0 — Dunlop Rubber — 17 0 Dunlop, N.Z.. pref. — 1 0 9 Electro. Zinc. ord.. x.d. —. 3 0 Pref, x.d. — 6 0 Evans Atlas 1 7 0 Fletcher Holdings — 10 «G. J. Coles 0 18 4 0 19 0 Maling, pref. — 1 I (5 Mason. Struthers (£1 paid) 1 7 0 — Matches (N.Z.) ■—- 0 0 Met.ters (N.Z.) 9 0 Macduffs 0 12 4 0 12 ■ ■ Macduffs Holdings. pref. 0 10 11 — McKenzies 3 0 — National Electric 0 0 — N.Z. Drug 0 0 — N.Z. Express o 14 — N.Z.F. Fertiliser .. 12 — N.Z. Forest Pro. 0 4 0 5 Pref. 0 1 | 6 0 12 1 * J. J. Niven, x.d. —— ■ ’ 6 Northern Roller Milling 11 . > - - Quill. Morris (1936) 2 1 0 Radio Corp. — 0 Procera - - 0 10 Sharland 9 9 0 — Silknit 1 5 6 -■ - Whit, and Tombs. c.d. — 1 Wm. Cable 1 11 0 — Wool worths, ord. .. — (N.Z.) ord. 3 9 1 4 0 W. R. Cooke & Son 0 7 8 — UNLISTED STOCKS Amalg. Batteries .. 3 0 1 5 0 Pref. 4 0 1 8 0 Andrews & Bea ven, pref. 3 9 ■— Ass. Mot. Pet., pf. 1 11 9 — Belvedere Maison, pref. , — 1 5 Beaths (Is pd., 19s deposit) 17 0 0 0 Canty. Seed 6 Korma Text., ord. — 0 14 0 Mac., Caley, Phoenix Con. 13 0 0 11 0 Matea Forests 0 2 3 0 2 5 Mt. Cook Tours, c.d. 0 10 0 0 13 0 N.Z. Fisheries — 0 14 0 Scales "C” (pref.) 3 8 6 Selfridges (N.Z.), (cont.) — 0 12 Whakatane Board Mills 0 18 6