COMMERCIAL

Press, Volume LXXXVI, Issue 26204, 30 August 1950, Page 9

COMMERCIAL

STOCK EXCHANGES AUSTRALIAN INDUSTRIALS REACH HIGH PRICES v J' r< L active on the ChristofStA°,Ck* Exchange yesterday, and °* Australian industrials and chain stores advanced to new record levels. DOMINION TRANSACTIONS

e < AUCKLAND ~15/12/53-56. 3 per cent. (£350). £99 J? s ® d: 15/4/56-59. 3 per cent. (£500). £99 6d; 15/7/62-64, 3 per cent. £9B 7s 6d > 15/7/63-65. 3 per cent. £9B 7s 6d = 15/1/53-57. 31 per cent. (£350), £101; Auckland Gas, 4J per cent. Perp. Deb. (£300), £lOO 10s; Dominion Breweries (40), 72s 6d: New Zealand Breweries (100), 50s; Tooths Breweries (200), 85s fid; Gisborne Gas (300), 8s; National Insurance (100), 25s 3d; New Zealand Insurance (175), £5 Us 6d< South British (100), £5 2s; Booth Macdonald, pref. (100), 15s 2d; Burns, Philp (50). 86 s; Colonial Sugar (5). £57 7s 6d; Colonial Sugar, rights (10), £29 12s 6d; Dunlop, N.Z. (100), 17s; Farmers’ Trading (150), 435; Coles (100), 25s 7d. (200) 25s 6d. (100) 25s 3d. (200 ) 25s Id. and (200) 255; Forest Products (1600), 6s 2d; Reid Rubber (500), lfi« 3d; Skellerup, pref. (200), 225; William Cable, 1950 (100), 15s 6d; Woolworths. N.Z. (400), 265; Woolworths, Ltd., rights (539), 14s 3d; Mount Morgan (200), 22s 6d. Unlisted: Gadsdens, pref. (100), 23s lid; Ross and Glendining (1050), 54s 6d. WELLINGTON Sales.—Late Monday: South British (300), £5 2s; Woolworths. N.Z. (500), 265. Yesterday: 3 per cent., 57-60 (£1695), £99 10s; N.Z. Breweries, three sales (200), 50s; Union Bank (20), £lO 10s; N.Z. Refrig. (100), 39s 9d; National Insurance (300). 25b 3d; W.F C.A.. pref. (500), 21s 3d; W.F.C.A., ord. (100), 5s 3d; Booth. Macdonald, pref. (200), 15s; G. J. Coles, two sales (400), 25s 2d; Dunlop, N.Z. (100). 17s; Hallenstein Bros., pref. (150), £0 ss; Skellerup, pref., two sales (300), 225; Woolworths. Ltd., rights (100), 14s shares (200 ) 24s 6d; Woolworths, N.Z. (200), 265. DUNEDIN Sales.—A. and T. Inglis (100. unlisted). 17s fid; Mt. Morgan (200), 22s 6d. Sales Reported.—Standard Insurance (80), 93s 6d; Woolworths, Ltd. (200), 24s 6d; Woolworths, N.Z. (300), 265; Bank N.S.W. (10), £42 10s; Auckland Gas. perp deb. stock (£1000), £lOO 10s; 31 per cent., 1957-60 (£650), £lOl 15s; National Mortgage “A” (650). 9s; Milburn Lime and Cement (100). 35s 3d. Unlisted: Ross and Glendining (450), 54s 6d. LATEST QUOTATIONS

OTHER EXCHANGES SYDNEY Pastoral shares were in strong demand in near record trading on the Sydney Stock Exchange yesterday. Sales.—Bank of Australasia, £ll 2s; Commercial Bank of Sydney, £26 10s; National Bank, 20s paid, 40s; National Bank, 12s 6d paid, 24s “Jd: Tooheys, 41s; Tooths, 935; Associated News, pref.. 19s 6d: Anthony Hordern. 2s 6d pref., 28s 3d; Australian Paper, 32s 6d; AC. 1., 60s 6d; British Tobacco, 48s; Broken Hill Pty., 58s; Burns Philp, 925; Colonial Sugar £6l 10s; rights, £2O 7s 6d; Drug Houses, 45s 9d; Dunlop. 43s 6d; Coles. 275; Goldsbrough. 51s 6d; Kandos. 46s 3d: Morts Dock, 25s 7Xd; Claude Neon, 45s Cd; new, 43s 9d: Dalgety, 12s; Felt and Textiles. 5Gs; Stedmans, 335; Wileox, Mcffiin. 21s 10id; Woolworths, 26s IJd; rights, 16s: Mount Lvell, 235; new, 22s 3d; New Broken Hill, 40s 6d; Rawang, 7s 3d. MELBOURNE Investments boomed on heavy trading on the Stock Exchange yesterday, led by pastorals, which responded very strongly to rising wool prices. Sales.—Commercial Bank of Australia, 28s; Dalgety, 12s lid; Goldsbrough, 525; A.C.1.. 60s 3d; British Tobacco 495; Courtaulds, 0s Id; Dunlop. 43s 3d; Felt and Textiles, 50s 6d; Co’es, 27s 3d; Gordon and Gotch, 24s lid; Humes. 41s 6d; do., new, 41s; N.Z. Forest, 7s sd; Colonial Sugar, rights, £3O; Electro. Zinc, 84s; Broken Hill Pty., 56s 9d; Broken Hill South. 54s 3d: North Broken Hill, 88s 6d; New Broken Hill, 40s 6d; Mt. Isa, 41s 6d; Mt. Morgan, 24s sd; Mt. Lyell, new, 21s lOd; Oil Search, 3s lid.

CHRISTCHURCH £ s. _ . Sales on ’Change d. Var’n. Sfi> B ?5S eratin « 1 19 2 13 9 0 N.C. + 1/6 G. J. Coles (100; 100) 1 5 5 + 2/11 G. J. Coles (ICO; 100) 1 5 4 + 2/10 G J. Coles (100) Reid Rubber N.Z. (100; 1 5 3 + 2/9 100) Woolworths, Ltd. (100) 0 16 3 6 N.C. + 6d Woolworths. Ltd. (100) Woolworths N.Z. (100; 100) Woolworths. S. Africa 1 4 7 + 7d 1 6 0 — Id (ISO) 1 2 3 — 3d Sales on ’Change. Unlisted uaasdens, pref. (100) 13 , Sales Reported Ch.Ch. Drainage (800), 11 + 5d „ 41 p.C.. 31/12/54 G. J. Coles, late sale Monday (150) 103 15 0 — 1 5 6 + 3/-

Buyers £ s. d. Sellers £ s. d. Banks— Comm, of Aust. .. 10 10 0 Pref. 15 6 18 3 Comm, of Sydney 1 3 0 E., S.. and A. — Nat. of A’sia, £1 1.15 3 7 ~6 0 Natl, of A'asia., 12s 6d ..11 6 12 6 N.S.W. .. ... 42 0 0 42 17 6 Union .. .. 10 10 0 11 0 0 Breweries— Ballins, ord. .. 110 0 1 10 6 Pref. .. .. 0 11 3 Dominion .. 3 11 0 3 15 0 New Zealand .. 2 10 0 — Westland .. 2 5 0 Coal— Kaitgngata .. 0 19 4 Pukemiro .. 13 9 — Frozen Meat— Canterbury .. 18 5 0 Pref. ..8 2 6 — .Z. Refrig., £1 pd. — ' 10s paid . ■ 0 18 9 2 0 0 Nth. Canty., pref. 1 2 3 — GasAuckland .. — •Christchurch .. 14 3 0 10 0 10s paid .. — Timaru .. 0 11 6 0 11 8 0 11 9 Insurance— F.A.M.E. .. 1 3 6 National .. 15 1 15 6 New Zealand .. 5 11 6 —— South British .. 5 1 0 — Standard 4 13 0 •— Loan and Agency— C.F.C.A., ord. 18 0 Pref 3 8 9 — Dalgety 0 11 0 —— General Finance .. 11 6 Goldsbrough, Mort 2 5 6 — Invincible Bldg. .. 5 7 6 — Nat Mort. “A” .. 0 8 •*B” 2 4 9 — 0 — N.Z. Co-op. .. 0 13 7 0 14 9 First pref. .. 7 7 6 — “A” pref. 5 2 6 — -B” pref. .. 5 2 6 — 41 p.c. Stk , '50-60 102 10 0 — 41 p.c. Stk., ’55 102 10 0 — .<*.Z. Guar. Corp. 0 4 7 0 5 0 N.Z.L and Merc., ord. .. ..132 0 0 — Pref 112 0 0 —- Perm. Invest. 12 15 0 — Perpetual Trustees 2 10 0 — South Island Fin. 1 4 0 — , United Bldg. .. 13 6 Wright. Stephenson. c.d. 3 0 0 Shinning— Huddart Parker .. 2 15 9 — P. and O. .. 2 14 0 — ’ Union, pref. .. 18 4 18 9 Timber— Kauri .. •• 1 10 0 — Woo'lens— Felt and Textiles of N.Z. • • — Ka’apoi, 17s pd., ex. — Pref., ex. 17 0 1 18 6 18 9 Knrma Tex., pref. 0 18 6 — Manawatu • • 3 2 0 — Mosgiei 2 13 0 Timaru, rights 0 2 0 0 2 2 Miscellaneous— Alloy F 1 (N.Z.) — • Andersons, 1st pf. 1 5 6 2 12 0 Apex Ice • • 1 19 0 — Assoc, Leathers .. 10 0 Aust., CI. •• 2 15 6 2 13 0 Berth a~d Co. .. 2 13 0 — Is paid • • 12 4 — Pref. • • 0 Begg and Co. .. — Berlei (N.Z.) 19 0 2 0 0 Booth Macdonald — Brown, Ewing .. 3 3 6 0 4 6 Broken Hill Pty .. 2 12 0 2 13 6 Bulleid. 0 16 0 — Colonial Sugar .. 56 15 0 — Rights . • 29 12 6 — Consolidated Brick 0 8 6 — Dental and Medical 1 11 0 — Dorn. Builders 0 14 0 ■ Elastic Web. Indus. 1 2 0 — Donaghy’s Rope .. 3 3 0 — D.I.C.. 10s paid .. 1 13 3 Pref- •• 1 ’ 18 0 D”nlop, N.Z. .. 0 16 9 Pref 0 18 3 0 18 9 Evans Atlas • • 17 0 — Farmers Trading 2 2 6 Frozen Products .. 13 6 Gordon and Gotch 1 2 3 G. J. Coles •• 15 0 15 5 Greater Crystal .. 12 0 14 0 Hadfields .. 0 15 — Hay’s, Ltd. .. 3 17 J ,T. Niven 2 5 0 — K.D.V. Boxes, c.d. 0 12 0 —— Macduffs Hldgs., pref., x.d 0 11 4 — Macky Logan .. — McKenzies ■■ 3 2 6 2 3 6 McLeod ■ • 2 IB 0 — Maling, pref. • • 12 3 — Mason. Struthers, 10s paid. x.d. .. 0 14 0 — Matches (N.Z.) .. 0 2 6 Metters (N.Z.) ■■ 1 2 Midland Mot., pref. 1 2 0 Milburn Lime. c.d. — Matches, pref. .. — M.K. Manufact. .. 0 12 6 0 17 6 0 12 9 N.Z Drug • • 5 15 0 — N.Z.F. Fertiliser .. 1 lo 0 N Z. Forest Prod. 0 6 0 N.Z. Newspapers .. — Quill. Morris (1936) 2 If 0 2 15 0 Radio (1936) 0 14 9 Reid Rubber - - 0 16 0 Simpson and Williams • • „ 30 Turnbull and Jones — Weeks, pref. lo 0 0 1 17 6 Whit, and Tombs 1 5 0 — Wm. Cable 1950, new issue • • — Wilson Malt 1 13 0 0 16 0 Wilson’s Cement .. 1 o Woolworths, ord. .. 14 6 Rights •• 0 14 (N.Z.), ord. .. 1 6 0 16 3 W R. Cooke and Son .. • • OS 7 — UNLISTED STOCKS Buyers. Sellers £ . d £ s. d Amalg. Batteries 1 6 0 1 10 0 Pref. •• 15 6 — Andrews and Beaven. pref • • • 14 0 — Charming Creek .. 1 la 0 — Beath, Is paid, 19s dep.) ■ ? 0 0 — . Cant” Seed . • 18 * 0 — Christchurch Press 13 2 6 13 17 6 Gadsdens 1 ® B Pref. ■ - 13 10 14 0 Lane Walker. Rudkin 3 1 9 • — Mackintosh. Caley. Phoenix • ■ — M»'’’<in < osh, Caley, Phoenix. 15s paid — Mates Forests .. 0 2 1 2 2 6 1 16 0 0 2 6 N.Z. Fisheries .. 0 16 0 0 12 6 Premier Gold. •. 0 0 7 0 1 u ?eece. Ltd., E., ord. c.d. •. 01 4 Pref., c.d. • • 0 12 3 cs'es. "C,” pref .. 0 8 3 0 9 0 fridges (N.Z ), cont. • • •• 0 17 0 — *mit’’ Wvl-e .. 0 18 0 —— Tekau Knitwear .. 17 3 Taramakau, 5s pd. — 0 5 0