COMMERCIAL

Press, Volume LXXXVI, Issue 26122, 26 May 1950, Page 10

COMMERCIAL

I STOCK EXCHANGES ' FEW SALES RECORDED Business recorded on the Christchurch Stock Exchange yesterday was negligible.. Government securities and pastoral shares were in demand and prices in some cases were unchanged. DOMINION TRANSACTIONS CHRISTCHURCH

Sales Reported Springs-Ellesmere E.P.8., 3i p.c., 1/10/71 (£1000) 103 0 0 AUCKLAND Sales.—l/8/51-34, 3 per cent. (£5845), £lOO ss; 15/12/53-56, 3 per cent. (£920), £lOO 10s; 15/4/56-59, 3 per cent. (£400), £99 ss; 15/7/63-65, 3 per cent. (£505), £99 6s 3d, and (£1000), £99 7s 6d; 15/6/52-55, 4 per cent. (£1280), £103; ' Natl. Bank N.Z. (300), 58s; Union Bank (25), £10; Auckland Gas (2000), 9s lOd, (200), 9s lid, and 5s paid (300), 4s 9d; ! South British (50), 97s 9d; United Bldg. (Auckland) (200), 245; B.H. Pty. (200), 475; I Claude Neon N.Z. (50), 565; Col. Sugar ■ ■ 4), £62; Farm. Trading, “A" pref. (120), 1 275; Fletchers (400), 34s 6d. and (100), 34s ;.d; Coles (500), 20s; M.K. Mfrs. (300), Ils 9d, and rights (800), 2s 8d; Forest Prods. (530), 6s 6d, and pref. (600), 13s 6d; N.Z. Newspapers (100), 575; Reid Rubber, pf. •100), 2us; Skellerup, pref. (225), 21s 6d; Wool worths, Ltd., rights (282), 13s Id. Unlisted: Associated Food (100), 235; Matea Forests (433), 2s. WELLINGTON Sales.—Late Wednesday: Felt and Text., (200), 42s (id; N.Z. Newspapers (216), 575; I Woolworths, Ltd., rights (303), 13s. Yesterday: 3 per cent.. May, 1953-56 (£200), £99 7s 6d; 3 per cent. May, 1953-56 (£200), £99 ss: 3 per cent., December, 1953-56, 2 sales (£2000), £lOO 10s; 3 per cent., 195659, 2 sales (£500), £99 ss; Union Bank of Aust. (25), £9 18s 6d; N.Z. Insurance (140), £5 7s 9d; Wellington Invest. Trust (400), 10s 6d; Aust. Found. Invest., rts. (33), lOd, (526), 3 sales, 10£d; Aust. Paper Mirs., pref. (200), 26s 3d; Booth, Macdonald (500). 4s 4d; British Tobacco (100), 475: Claude Neon Ind., rts., 2 sales (350), 18s: M.K. Mfrs., rts., 2 sales (975), 2s 8d: 1 N.Z. Forest Prod., ord. (200), 6s 6d, and j pref. (200), 13s 6d; Wool worths, Ltd., rts., 4 sales (255), 13s. DUNEDIN Sales. —National Mortgage “A” (500), 9s Bd. Reported: 3 per cent., 1957-60, late sale (£1000), £9B 15s: 3 per cent., 1963-65, late sale (£1000), £9B 7s 6d; National Mortgage “B” (69). late sale, 45s 6d. Unlisted: Ross and Glendining (230), late i sale, 55s INVERCARGILL Sales Reported.—l9s7-60, 3 per cent. (£530). £9 15s; Woolworths, Ltd., rts. (94), 13s.

OTHER EXCHANGES SYDNEY A slight easing tendency in light trading on the Sydney Stock Exchange yesterday. Sales.—Commercial Banking of Sydney, £26 12s; Commercial Bank of Australia, pref.. £lO 10s; E., S., and A. Bank, £7 10s 6d; National Bank, 20s paid. 38s 9d; Tooths. 93s 9d; A.C.1.. 575; Bradford Cotton, 445; British Tobacco, 53s 3d; Huddart Parker, 60s 6d; Broken Hill Pty., 53s 9d; Claude Neon, 435; Colonial Sugar, £69; Drug Houses, 42s 9d: Goldsbrough, 475; Howard Smith, 275; Wilcox, Mofflin, 19s; Woolworths, 265; Burns, Philp, 93s 6d; David Jones. 55s 6d: Felt and Textiles. 48s 9d; General Industries, 395; Coles, 22s 9d; Mount Lyell, 25s 6d; Broken Hill North, 79s 6d; Broken Hill South, 50s 6d; Mount Morgan, 24s 3d; Rawang, 5s lOd; Loloma, 27s 6d; Oil Search, 4s 6d. MELBOURNE Investment prices were steady on the

Stock Exchange yesterday, the leaders recording few changes. Sales were:—A.C.l., pref., 475, new, 55s Gd; Dunlop. 40s; General Motors, pref., 29s fid: Coles, 235; Ka.uri. 29s 9d; Myer, pref., 41s; Herald. 19s' 3d; Electro Zinc, 81s 6d; Broken Hill Pty., 53s 6d; South Broken Hill, 50s 3d; North Broken Hill, 79s 3d; Mount Isa. 42s 3d; Mount Lyell, 25s 6d; Mount Morgan, 24s 6d; North Kalgurli, 31s; Oil Search. 4s Bd.

Sales on ’Change £ s. d. Var'n. 31 p.c., 62-64 (£200) .. 99 5 0 - Ballins Breweriess (100) 1 10 0 — 1/- „ Sales on ’Change: Unlisted Matea Forests (100) .. 0 2 2 +2d

LATEST QUOTATIONS Banks— Buyers. Sellers. £ s. d. £ s. d. Comm, of Aust. .. 1 5 9 Pref. 9 0 0 — E., S„ and A. 6 5 0 ' —— Nat. of A’asia., £1 — 1 16 0 New South Wales — 41 5 9 Union — 10 10 0 Breweries— Ballins 1 10 0 New Zealand — 2 8 9 Westland 2 3 6 2 4 9 Coal— Kaitangata 1 6 6 — Pukemiro 1 13 0 — Frozen Meat— Canterbury 17 10 0 — N.Z. Refrig., £1 pd. 2 0 0 — 10s paid 0 19 0 0 19 3 North Canty., pref. 1 1 3 Gas— Christchurch — 15 0 10s paid 0 11 6 0 11 9 Timaru — 0 14 0 Insurance — National — 1 5 0 New Zealand 5 7 0 5 8 6 South British 4 17 3 4 18 3 Loan and Agency— C.F.C.A., ord. 1 7 6 Pref. — 3 8 0 Ch.ch. Building 21 12 6 — Dalgety 0 10 3 0 10 9 Golds., Mort, c.d. .. 2 2 0 General Finance .. 1 0 0 __ Nat. Mort., “A,” c.d. 0 9 6 0 9 11 "B,” c.d. 2 5 6 .— N.Z. & River Plate — 0 9-0 N.Z.F. Co-op. 0 12 6 0 13 3 First pref. 7 5 0 — “B” pref. 4 19 0 4 19 0 4A p.c. Stk., ’50-60 103 2 6 . 4| p.c. Stk., ’55 . . 103 2 6 N.Z.L. & Mer., ord. 100 0 0 Perm. Invest. 12 11 0 S.I. Finance 1 3 0 i United Building .. 1 3 1 I Wright, Siephenson, pref. 1 5 0 Shipping— i Huddart Parker .. 2 12 3 — I P. and O. 2 4 0 Union, pref., x.d. .. 19 6 Timber— ; Kauri 1*7 9 ■ Taupo Totara 1 7 0 • Woollens— Bruce, pref. 1 7 9 Kaiapoi, 17s pd. .. 1 8 6 Pref. i 8 3 Korma Tex., pref. 0 18 6 0 18 9 Timaru . 8 0 Miscellaneous— Alloy Steel (N.Z.) 2 12 6 Ampol 1 14 0 Andersons. 1st pf. 1 5 6 Aust. Found. Invest.. rights 0 1 0 0 13 Avon Metal 10 3 Beath and Co. 2 10 0 Is paid 0 19 6 Pref. 1 7 0 Berlei (N.Z.) 8 3 Booth. Macdonald 0 4 2 British Tobacco 2 8 0 Broken Hill Pty. .. 2 7 0 By croft 2 17 9 Claude Neon. N.Z. 9 15 0 Colonial Sugar 62 5 0 63 0 0 Dom. Builders 0 12 6 Dom. Fertiliser 1 10 0 Donaghy’s Rope, x.d. 3 2 6 D.I C., 10s pd 1 14 0 Dunlop, N.Z. 0 15 0 Pref. 0 18 0 Electro. Zinc, ord. 3 10 6 Pref. 3 10 6 Fletcher Holdings, c.d. 1 14 0 G. J. Coles 0 19 10 10 3 Macduff's Holdings, pref. — 0 113 Maling. pref. 1 1 0 Mas.. Struthers, £1 paid 1 10 6 14s paid 0 19 6 Matches (N.Z.) 0 4 0 Milburn Lime 1 17 0 M.K. Manufacturers, rights 0 2 3 M.K. Manufacturers 0 11 6 Morts Dock 1 4 0 McKenzies, c.d. 1 0 3 5 6 McLeod Bros. 9 15 6 National Electric .. 3 N.Z. Drug 5 15 6 6 0 0 N.Z. Forest Prod. 0 6 3 0 6 8 N.Z. Newspapers .. 2 18 0 Quill. Morris (1936) 9 4 0 Reid Rubber 0 16 0 Selfridges 4 18 6 Sharia nd 2 11 6 N.Z. Malay Rubber 0 14 0 Skellerup, pref. 12 3 Simpson and Williams 9 18 3 Turn bull and Jones 1 17 0 Procera 0 8 0 Weeks 7 6 Pref. 1 5 6 Whit, and Tombs .. 4 0 Wilson Malt 1 12 9 W’worths., ord. 13 6 W’worths, rights .. 0 13 5 (N.Z.), ord. 1 5 7 W. R. Cooke and Son 0 8 3 — UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Amalg. Batteries .. 1 5 6 Andrews and Beav., pref. 1 3 3 Ass. Mot. Pet., pref. 1 11 0 Black and White Cabs 0 3 9 Ballins, pf., 5s pd. 0 6 1 Beaths, Is pd., 19s dep. 1 16 6 1 19 6 Belvedere Maison 0 15 0 Canty. Seed 1 6 3 Christchurch Press 13 7 6 13 15 0 Korma Textiles .. 0 12 6 Mac., Caley, Phoenix, contr. 0 14 0 Mack., Caley, Phoe. 2 1 0 Ma tea Forests 0 2 0 0 2 2 N.Z. Motor Bodies 1 18 3 N.Z. Wool pack 0 3 6 Prudential Build. 12 6 Reece, Ltd., E.. pf. 0 11 0 Scales “C,” pref. 0 7 6 0 9 6 Shirley Links. 0 8 0 0 10 0 Victoria Mansions 1 2 0 Whakatane Board Mills 0 18 0 0 18 3 Wellington Publish. 6 12 6 Williamson. Jeffrey 1 10 0 —