COMMERCIAL

Press, Volume LXXXV, Issue 25994, 23 December 1949, Page 11

COMMERCIAL

STOCK EXCHANGES

MARKETS QUIET BEFORE HOLIDAYS

With the approach of the holidays, mar- ?. ga ‘° qUiet ° n ,he Christchurch s *°si k , Kxcha “s e yesterday. Prices generally .yyere flrm and several appreciable recorded—both in point'if sales and quotations. DOMINION TRANSACTIONS CHRISTCHURCH Sales Reported

Ballins breweries (100) Ao o' St””' N ' Z 7, n ßefri g., 10s paid * (100) .. ~ 1 0 0 -4-fid Austral, N.Z. (200) .. 0 6 9 NC Sales Reported 3 p.c., 52-a5, late sale „ Wed. (£300) ..100 5 0 - 8.H.P., late sale (100) .. 28 0 +l/Domimon Fert., late sale - Wed. .. 1 10 0 +l/6 o AUCKLAND ' ». ■ _ l l , s ' /2//55 “ 58 ’ 3 P er cent. ( £400), £qq° inL 6< q I ?h 4/ n° : *- 3 ’u 3 T per cent - <£ s6s >. RM TH®.’ British Ins. (50), 93s 6d; ( £2 °o)- 48s; Fletchers 4200), 31s: bfr D X B m S r £5 . 7 n 6d Fann. Fert. >’., 33s . ■ Forest Prods., pref. (300), 13s; Mount Lyell (250), 21s. Unlisted: Johnstons Cardboard Box, pref. (400), o WELLINGTON o per cent - 1960-63 ’ x- m? 9 il ss; per cent ’ 1962-64 (sO?°°i\ fijfirt. l ? l ♦u D £™l plon Breweries fiH.’/- £3 T 6s^ d i : So ,^l h Bntisn (50). £4 13s 6d ’ £■ J - Coles (125), £1 0s 9d; Woolworths, Ltd (100), £1 3s 6d. Unlisted: Selfridges, N.Z. (200), 9s 6d, and contr. „ , DUNEDIN , qnni le « on T> ’Ch a nge.—National insurr ”ce (300) 255; Dominion Fertiliser (100) ,^ ies 9 e e R ®P p F ted -—National Insurance in ) k^ 2ss ' T x Na t io . nal Mortgage “A” (2650), 79nni 9d^c. D iv mi ? lon FertiHser. late sale (200), 30s; Woolworths, Ltd. (200), 23s 9d; Fletcher Holdings (200), 31s.

OTHER EXCHANGES SYDNEY , , The year’s trading on the Sydney StockExchange closed yesterday afternoon on a verv strong note, with most issues advancing Tooths reached a new peak. The exchange will reopen after the holio—Commerciai0 —Commerciai Bank of Sydney. £25 3s; National Bank, 20s paid, 37s 9d, Tooths. 84s 6d; Associated News 15s 3d, Anthonv Hordern, 245, and, pref., 2bs, A.C.1., 635; Broken Hill Prop., 53s 3d, and ; contr 35s 9d; Colonial Sugar, £66 7o 6d: Electro Zinc, pref., 755; Felt and Textiles, 48s 6d: General Industries. 350 6d. Wilcox, Mofflin, 17s;< Woolworths, 26s 4Jd; Mount Morgan, 19s 3d: Oil Search, as MELBOURNE The Melbourne Stock Exchange closed yesterday after the morning call until. January 4. Investment Prices advanced yesterday over a wide range, m many cases without attracting sellers. . Sales. —Commercial Bank of Australia, 27s 3d - Goldsbrough, 42s 8d; Carlton Brewery, 70s 9d; A.C.1., 63s 3d: Dunlop. 43s 7d; y Felt, Textiles. 48s 6d; Coles, 23s 3d; Meyer, 52s 9d; Olympic l9s 9d, Hume Ind.. 20s Id; Broken Hill Pty., 53a. South Broken Hill. 48s 3d; North broken Hill, 85s 3d; Emperor. 15s: Mount Morgan, 19s 4d; Wellington, 4s Id; Oil Search. 5s 2d.

LATEST QUOTATIONS Buyers.. Sellers. Banks— £ s ' d ' £ s. d. Australasia .. 9 10 0 Conftn. of Aust. .. 14 0 15 0 Union .. 9 12 6 Breweries— Ballins 1 9 6 1 10 0 New Zealand .. 2 8 9 2 9 3 Frozen MeatCanterbury .. 16 1 0 Pref. 8 0 0 8 7 6 N.z. Refrig., £1 pd. 1 19 0 10s paid .. 0 19 9 Southland .. 2 19 0 1 ~0 1 Waitaki .. 8 10 0 Gas— Christchurch .. — 15 9 Timaru .. 0 12 6 Insurance— New Zealand .. 5 16 5 4 6 . South British .. 4 12 0 Standard .. 450 Loan and Agency— General Finance .. 10 0 Dalgety .. 0 9 9 Invincible Build. .. 5 10 0 5 17 6 Nat. Mort *‘A” .. 0 10 8 N.Z.F. Co-op. .. 0 11 8 First pref. .. 7 10 ■“A” pref. 4 12 0 "B” pref. ... 4 11 o 41 p.c. Stk., '50-60 102 15 0 41 p.c. Stk., '55 102 15 0 N.Z. Guar. Corpn. 0 5 3 N.Z.L. and Mer. ord., x.d. .. 100 0 0 — Permanent Invest. 12 15 0 —— Perpetual Trustees 2 8 9 — S.I. Finance 13 3 — Trustees Executors 5 16 0 — Wright, Stephenson 2 11 3 —— Shipping— Huddart Parker 2 11 9 — Timber— Taupo Totara .. 1 1 10 • — Woollens— Bruce .. 2 10 —

Felt and Textiles of N.-Z. PrefKaiapoi, 17s paid Pref. Timaru 2 10 1 15 0 14 0 18 0 18 0 2 6 0 1 16 6 1 9 0 1 ~8 0 Alloy Steel (N.Z.) — 2 12 6 Amalg. Wireless .. Andersons, 1st. pf. Aiifet. QI. * ’ ... Avon Metal Beath and Co. (Is 1 15 0 V?5 % 2 19 ) paid) Pref. 0 19 0 17 0 — Begg and Co. Berlei (N.Z.) Booth, Mac. 1 14 9 — 0 3 4 — Pref. 0 13 9 — British Tobacco .. 2 4 0 Broken Hill Pty. .. 2 8 0 —- 10s paid, new. .. 1 11 0 —. Burns, Philp 3 14 9 — Canty. Saleyards .. Claude Neon, N.Z. Colonial Sugar 1 18 0 — 59 2 6 —; Consolid. Brick 0 9 6 0 9 9 Donaghy’s Rope .. 114 Dunlop, N.§. Pref? 0 17 9 0 18 6 0 19 0 — Electro. Zinc, ord. Pref. Fletcher Holdings 3 8 6 1 10 6 1 11 6 Frozen Products .. 1 0 11 1 4 0 Greater Crystal .. 1 4 0 Hay’s, Ltd. Henry Jones K.D.V. Boxes 3 16 — 0 H 0 Maling, pref. Mason, Struthers, 14s paid 10 9 — 0 19 2 — Matches (N.Z.) — 0 9 0 Metters (N.Z.) 14 0 Midland Motors, pf. — 1 2 6 Milburn 1 14 0 0 12 2 Macduffs 0 12 6 0 12 9 McKenzies 3 16 — N.Z. Drug 5 6 6 — N.Z. Express 1 12 0 N.Z*. Forest Prods. 0 6 1 N.Z. Newspapers^... 2 12 6 — Milling Otago Daily Times 2 7 6 1 13 0 Quill Morris (1936) 2 3 6 — Radio Corpn. Reid Rubber Sharland 0 12 0 0 15 6 2 8 0 17 9 Silknit • ■ Simpson and Williams 2 16 0 3 2 0 Turnbull and Jones Whit, and Tombs .. Wilson's Cement .. 1 15 3 1 2 6 0 17 0 9 W*worths., ord. 13 9 1 (N.Z.), ord. 13 6 — W. R. Carpenter .. W. R. Cooke and 1 19 0 — S ° n UNLISTED STOCKS Buyers. £ s. d. £ d. Amalg. Batteries .. 12 9 — Ass. Mot. Petrol, 1 12 0 Black*" and White Cabs 0 2 6 Beaths (Is paid, 19s dep.) _ • ■ 1 18 0 Mackintosh, Caley, Phoenix Matca Forests 1 13 0 1 15 0 0 2 5 0 0 Scales ”C,” pref. .. 0 7 0 — Whakatane Board Mills _ • • 0 18 9 0 IS 0 Williamson Jeffrey 19 0