COMMERCIAL

Press, Volume LXXXVI, Issue 26198, 23 August 1950, Page 10

COMMERCIAL

STOCK EXCHANGES

MARKETS ACTIVE A fair volume of business was transacted on the Christchurch Stock Exchange yesterday. Prices on the whole were firm.

Sales.—ls/5/53-56, 3 per cent. (£410), £S9 17s 6d; 15/2/55-58, 3 per cent. (£1000), £99; 15/11/57-60, 3 per cent. (£1000), £99 ss; 15/6/61-64, 3 per cent. (£l5OOl, £9B 7s 6d; 15/7/63-65, 3 per cent. (£200), £9B 2s 6d; 15/5/64-66, 3 per cent. (£300), £9B ss; 15/9/57-60, 4 per cent. (£460), £lOl 12s Gd; 15/6/53-55, 4 per cent. (£200), £102; Comm. Bank of Aust. (200), 265; Union Bank (20), £lO 10s; N.Z. Breweries (200), 50s; Auckland Gas (1000), 9s lOd, and 5s paid (500), 4s 7d; Huddart Parker (200), 55s 9d; B.H. Pty. (100), 50s; Colonial Sugar, rights (3). £2B 15s; Dunlop, N.Z., pref. (300), 18s 4d; Electro. Zinc (100). 7Cs; Fletchers (100), 325; 1.C.1., pref. (1000), 23s 6d; Morris. Hedstrom (150), 52s 6d; Reid Rubber, pref. (407). 20s 6d; Wm. Cable (100), 32s 6d; Woolworths N.Z. (830), 265; Waihi (200), 4s 2d. Unlisted: Gadsden, pref. (350), 23s 6d; Roose Shipping, ord. (500), £9 6s. WELLINGTON Sales.—Late Monday: Union Bank of Aust. (30), £lO 10s; Woolworths N.Z. (100), 25s lOd; Rawang Tin (100), 6s 4Jd; Unlisted: Whakatane, ords. (100), l&s. Yesterday: Union Bank, 2 sales (120), £lO 10s; South British (150), £5 2s; Goldsbrough, Mort (700), 42s 3d; W.F.C.. A pref. (200), 21s 3d; Aust. Pacer Mrfs., 6 per cent. pre.. (200), 26s 6d; Fletcher Holdings (100), 325; Win. Cable (100), 32s 6d; Woolworths, Ltd., rts. (50), 14s; Woolworths N.Z. (300), 265; Woolworths Holds. S.A. (100), 225. Unlisted: Selfridges N.Z , 16s paid (100), 17s 6d; Tekau (120), 27s 4d; Whakatane (200), 19s. DUNEDIN Sales.—National Bank N.Z. (10), 2 sales, 60s; Golsbrough, Mort (80), 41s 6d. Reported: 3 per cent., 1959-61 (£1500), £9B •os; National Insurance (IGO), 255; Wilson Cement (250), 20s; Woolworths, South Africa (200), 22s 9d; 3 per cent., 1956-59 (£300), £99 12s 6d.

OTHER EXCHANGES LONDON Broken Hill North, 695; Broken Hill South, 41s 3d; Broken Hill Pty., 42s 6d; Consolidated Zinc, 29s 4£d; New Broken Hill, 31s 9d; Mount Morgan, 19s 6d. SYDNEY The srtong and widespread demand for investment shares was fully maintained on the Sydney Stock Exchange yesterday. Sales.— Bank of New South Wales, £4B

ss; Commercial Bank of Sydney, £26 Is; National Bank, 12s 6d paid, 23s 9d; Associated News., 15s 6d; Huddart Parker, 61s 3d; Anthony Hordern, 25s 3d; do., pf.» 28s 6d; Aust. Paper, 35s 6d; A.C.1., 595; Broken Hill Pty., 53s 9d; Colonial Sugar, £6l; do., rights* £29 19s; Drug Houses, 43s 6d; Electro. Zinc, 83s 3d; do., pref., 81s; Coles, 235; Goldsbrough, 47s 3d; Sterling Henry, 9s 9d; Wilcox, Moffiin (new), 18s 6d; Dunlop, 44s 3d; Felt and Textiles, 49s 6d; Stedmans, 335; Morts Dock, 25s 6d; Woolworths, 25s 4|d; Mount Lyell, 22s 3d; do., new, 21s 6d; New Broken Hill, 395; Broken Hill North, 85s 3d; South Broken Hill, 54s 6d; Mount Morgan, 24s 4Jd; Oil Search, 4s 2d; Placer Development, £5 10s. MELBOURNE Stocks which have shown strong gains on the Melbourne Stock Exchange recently tended to ease back yesterday, but price rises again outnumbered falls. Sales.—Goldsbrough, 46s 6d; Aust. Cement, 49s 6d; A.C.1., 58s 9d; Colonial Sugar, rights, £3O 2s 6d; Drug Houses, 43s 3d; Dunlop, 43s lid; Felt and Textiles, 49s 6d: Coles. 23s Id: Gordon and Gotch, 255; Humes, 40s; Howard Smith, 29s 3d; Myer, 13s 6d; Olympic Tyre, 32s 9d; Broken Hill Pty., 545; Broken Hill South. 54s 6d; New Broken Hill, ,38s 9d; Mount Lyell, 22s 9d; Mount Morgan, 24s 2d; Oil Search, 4s 6d.

DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change £ s. d. Var’n 3 p.c., 1952-55 (£1009) ..100 7 6 — National Insurance (100) 1 5 0 N.C. G. J. Coles (100) (200; 200) .. 1 1 6 N.C. Macduff s Holdings, pref. (100 ) 0 11 7 4-Id Woolworths, S. Africa (100; 100) 1 2 9 -j-3d Sales Reported 3 p.c., 1956-59 (£9300), late sale Monday .. 99 12 6 — 3 p.c., 1957-60 (£1105) .. 99 5 0 — Union Bank (20) .. 10 10 0 N.C. N.Z. Farm. Co-op. (400 ) 0 13 6 N.C. N.Z. Farm. Co-op., *‘B” pref. (100) .. 5 3 0 -f-6d Timaru Wool, rts. (200) 0 2 0 —3d G. J. Coles (200) .. 1 1 6 N.C. AUCKLAND

LATEST QUOTATIONS Banks— Buyers. £ s. d. Sellers. £ s. d. Australasia 10 5 0 Comm, of Aust. .. 15 6 16 3 Comm, of Sydney 22 10 0 E., S., and A. 7 6 0 Natl, of A’asia., £1 1 13 0 12s 6d 116 12 0 Natl, of N.Z. 3 0 6 Union 10 7 6 10 10 0 Breweries— Bailins, ord. 1 10 0 1 10 3 Pref. 0 11 3 0 11 9 Dominion 3 9 9 New Zealand 2 10 0 2 10 3 Tooths 4 3 0 Westland 2 5 0 Coal— Kaitangata Pukemiro 13 0 0 19 0 Frozen MeatCanterbury 18 5 0 Pref. N.Z. Refrig., £1 pd. 10s paid 0 18 9 8 11 0 2 0 3 Southland, x.d. GasChristchurch 14 0 3 4 0 10s paid Timaru Insurance— F.A.M.E. 12 4 0 11 8 0 12 3 ' National 15 0 New Zealand 5 11 6 South British 5 0 6 Standard, x.d. 4 13 0 Loan and Agency— C.F.C.A., ord. 1 8 0 1 11 0 Pref. 3 8 6 Newton, King, pf. Dalgety 0 10 5 12 0 0 11 0 General Finance . Goldsbrough, Mort 2 1 0 2 2 0 Invincible Bldg. .. Nat. Mort. “A” 5 5 0 5 12 0 0 8 9 “B” 2 4 0 N.Z.F. Co-op. 0 13 5 First pref. 7 7 6 "A” pref. 5 2 0 5 7 6 "B" pref. 5 2 6 p.c. Stk., ’50-60 102 10 0 4i p.c. Stk.. ’55 .. 102 10 0 N.Z Guar. Corpn. Perm. Invest 12 12 0 0 1 11 Pexj>. Trustees 2 10 0 2 15 0 United Building .. Wright, Stephenson, c.d. Shipping— 13 0 3 0 0 Huddart, Parker .. 2 15 9 Union, pref. Timber— Taupo Totara, x.d. 16 0 18 9 Woollens— Felt and Textiles of N.Z., pref. .. Kaiapoi, pref., cum Mosgie’ 2 13 0 14 6 19 0 Timaru, rights . Miscellaneous— 0 1 10 0 2 0 Apex Ice Alloy Steel (N.Z.) Ampol Ampol, rights 1 18 6 0 6 4 2 12 0 1 16 6 Assoc. Leathers .. 0 19 6 Aust. Fnd. Invest., new Avon Metal 0 17 0 0 6 7 Beath and Co. 2 12 9 Is paid Begg and Co. 1 1 9 1 18 6 — Booth, Macdonald 0 4 0 0 4 6 Broken Hill Pty. .. Brown Ewing 3 3 6 2 10 6 Claude Neon, N.Z. 2 15 0 Colonial Sugar 56 2 6 Rights 28 15 0 Consolidated Brick 0 8 0 0 9 0 Coulls. Somerville, Wilkie Donaghy’s Rope .. 1 16 6 3 2 6 D.I.C., 10s paid 1 13 6 1 14 0 Electro. Zinc, ord. 3 15 6 Pref. Evans Atlas 3 14 9 17 0 3 16 9 G. J. Coles 116 Greater Crystal 12 0 Hadfields 0 15 6 Hay’s, Ltd. 3 16 3 J. J. Niven 2 5 0 K.D.V. Boxes 0 12 0 MacdufTs Holdings, pref. 0 11 6 0 11 8 Macky Logan McKenzies 3 2 0 2 4 6“ McLeod 2 17 9 Mas.. Struthers, £1 paid. c.d. 1 13 1 14s paid, c.d. 12 0 10s paid, c.d. 0 15 0 Matches (N.Z.) 0 2 6 Metters (N.Z.) 12 6 16 6 Milburn Lime M.K Manufac. 0 12 0 1 17 0 0 12 7 Morts Dock, x.d. N.Z. Drug 5 15 0 15 6 5 17 0 N.Z. Forest Prods. 0 6 0 0 6 1 Pref. 0 13 6 0 14 0 Quill, Morris (1936) 2 6 0 Radio (1936), c.d. 0 15 9 0 16 6 Reid Rubber 0 15 6 Pref. 10 0 Simpson and Williams 2 19 9 Skellerup. pref. Whit, and Tombs 16 0 12 3 W’worths., ord. 13 9 14 2 Rights (N.Z.), ord. 16 1 0 14 0 W. R. Cooke and Son 0 8 7 UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Amalg. Batteries .. 16 0 » Pref. 16 0 __ Andrews & Beaven, pref. 14 0 Ass. Mot. Pet., pf. 1 11 0 Belvedere Maison 0 17 0 Beaths (Is paid, 19s deposit) 1 18 6 2 4 6 Charming Creek .. 1 12 6 Canty. Seed 1 7 0 Carbonic Ice 3 4 0 - Ch’ch. Press 13 5 0 14 5 0 Dominion Life 0 8 3 0 9 3 Lane, Walker, Rudkin 3 10 Mac., Caley, Phoenix Gadsdens, ord. 16 0 2 2 6 16 3 pref. 13 4 14 0 Matea Forests 0 2 1 0 2 6 Mac., Caley, Phoenix, 15s pd. Mac., Caley, Phoenix, contr. National Tobacco Prudential Build. Scales, “C,” pref. 0 8 3 1 16 0 0 15 0 17 0 12 6 0 9 0 Tingey, R. and E. 10 0 Tekau Knitwear .. Taramakau, 5s pd. Victoria Mansions 12 0 18 0 0 5 0 Waikari Lime, 17s 6d paid 1 13 0 Whakatane Board Mills, pref. 10 0 —