COMMERCIAL

Press, Volume LXXXVI, Issue 26221, 19 September 1950, Page 9

COMMERCIAL

STOCK EXCHANGES

MARKETS FIRM Ch^ I i«?hnil 1 , Inarkets °P e . ne< i the week at SB v, tained. th wh ole. were well malndominion transactions CHRISTCHURCH b Sales on ’Change

c , AUCKLAND 3 , per ce ” t - <£1300), £O9 9?' rjy 7/e2 ‘ 64 '„ 3 per cent . (£200), *.yy as. Dominion Breweries (250), 72s* N.Z. Insurance (350), £5 10s od- NZ (400f ai 2?J SH° 0! k Dovdnpor't Ferry (loci' eol s o'P'l' U 00), 60s; Bycroft 100 ' '«S? n H Br ! ck ( ? <K>) ’ 10s: Cox Bros. me?i ! T„l d ' Dunl °p (100), 17s 3d; Far--05501 -XS ?.?' S rel - JU s ’’ 27s StU Coles IE ,2’. 3d ;,£? rest Prods., pref. (500), an. lVe w 48s 6d; Phillipps Impey 2d- v«i'. rtl J s ' A* 11 - rts - <165). 16s ctaEM™?’ 3 9 s d g d . UnMt ' d: Jdh "

o WELLINGTON V s Cer Jl*’ 01-64 (*3000), £99 £9fl £. P J cent 62 - 64 , 2 sales (£1650), 6d" ft'ni P M r c C M7 nt "n 52 ’ 5 , 3 <* 66 °). SW2 2s N.S.W., 2 sales (28). £43 ss: Rotoiti Timber (300), 14s 9d; Wellington S?°c a P Jh e or ( H 30) ' f 10 :, Brown * Ewing rso) 9 rde {s Amal * < 200) . 41s 6d; Dun(s&h N ?r V al i s „ (200) ’ 17s; G * J * Coles t°? w? 6 3 d : Hallensteins (100), 29s 8d; 4 f s 6d: Woolworths, Ltd., iffl’. 1 ?' Woolworths, N.Z. (225), 27s kau'(lMD‘ e 27s < Sd dS ' ienß <lOO) ' 278 6d; Te *

„ , _ DUNEDIN lrt® a l?% R^‘ Orte<, — Milburn Lime <200), 36s Pap , er Mllls ( 20 °)- 35s 6d; 3 per ySlQa*?? 6o *!^ s3 ; s6 ( £200) - £10 °: 1960-63 1^9 9 «4 ’/ 1961-64 (£3000), £99 10s; J^ 62 (■£!4so) £99 ss; 4 per cent.. 1952nnm £ ds 5 ’w^ 1 ? 2 2s 6d: British Tobacco (jUO), 455; Woolworths, N.Z. (225), 27s Id.

INVERCARGILL 40s 6 Ee P° rted —N.Z. Refrigerating (200),

OTHER EXCHANGES SYDNEY Strong conditions continued to prevail in near-record trading on the Sydney Stock Exchange yesterday, although key industrials eased. Sales.—Commercial Banking of Sydney, £27 6s; Bank New South Wales, £49 10s; Tooheys, 395; Tooths, 94s 6d; Aus. Paper, 28s 9d, and rights, 2s lOd; Burns Philp, 94s 3d; Colonial Sugar, £62 10s, and rights, £33; David Jones, 60s 6d; Dunlop, 43s 9d; Electro Zinc, 85s, and pref., 84s 6d; Felt and Textiles, 50s 3d; Goldsbrough, 48s 6d; Howard Smith, 31s 9d; Stedman, 335; Sterling Henry, 10s 3d; Wilcox Moffiin, new issue, 19s 9d; Woolworths, 295; Associated News, 15s, and .pref., 18s 9d; A.C.1., 655; Broken Hill ProfJ., 56s 34; Dalgetys, 13s; Drug Houses, 45s 9d; General Industries, 435; Coles, 27s 10>/ 2 d; Morts Dock, 26s 6d; New Zealand Forest, pref., 16s; New Broken Hill, 395; Broken Hill South, 54s 3d; Mount Morgan, 255; Placer = Development, £6 10s; Oil Search, 4s Id. I MELBOURNE Investments were generally firm on the Melbourne Stock Exchange yesterday, I most moves being narrow. Base metals jumped in response to a rise in lead and zinc prices. I Sales.—Commercial Bank Australia, 28s 7d; Bank N.S.W., £49 10s; Dalgety, 13s 3d; Goldsbrough, 486; Huddart Parker,

60s; British Tobacco, 48s 6d; Colonial Sugar, £62 10s; Courtaulds, 8s 3d; Drug Houses, 46s 3d; Felt and Textiles, 50s 3d; Gordon and Gotch, 255; Humes. 42s 9d; Woolworths, rts., 17s 6d; N.Z. Forest, 7s 3d; A.C.1., 655; Broken Hill Pty., 55s 9d; Broken Hill South, 555; New Broken Hill, 395; North Broken Hill, 90s; Mount Morgan, 255.

N-Z. Refrig. (200) S ° U (ioo” <1 Frozen Meat Timaru Wool, rts. (50) £ s. d. Var’n. 2 0 0 4-3d 3 7 0 +4/0 1 tJ N.C. , Sales Reported " urff?" J 952 ' 55 (£600) . 99 12 6 — Wellington Wool, ord. Wellington Wool, pref 9 18 0 - (30) 10 0 0 N.C.

LATEST QUOTATIONS Buyers Sellers £ s. d. £ . d Buyers Sellers Banks— 4 j. d. £ s. d Adelaide 1 o Australasia i: 0 11 10 Q Comm, of Aust. 9 Pref. 6 Comm, of Sydney 23 0 E., S.. and A. . 7 0 7 12 3 Nat. of N.Z. . 2 IS 3 3 0 0 N.S.W. . 43 0 43 10 0 Union Breweries— . 11 0 Ballins, ord. 1 10 0 Pref. 0 11 9 Dominion . 3 10 0 New Zealand 2 10 0 2 11 6 Westland 2 0 Coal— > Pukemiro 1 4 0 Frozen Meat— Canterbury 18 7 6 Pref. 8 5 0 8 15 0 N.Z. Refrig .£1 pd. 1 19 9 2 0 3 10s paid 0 19 0 Nth. Cant., pref. . 2 0 Southland 3 7 0 GasAuckland 0 10 0 Christchurch __ 6 10s paid 0 11 8 Napier . 0 10 0 0 11 8 Insurance— F.A.M.E. 0 National 1 5 6 Loan and Agency— C.F.C.A., ord. 8 6 Pref. 3 8 6 Dalgety 0 11 6 General Finance . 1 1 6 1 7 6 Invincible Bldg. . 5 5 0 5 12 6 Mutual Benefit . 19 10 0 Nat. Mort. “A’ 0 10 9 “B” — 2 9 0 N.Z.F. Co-op. 0 13 11 “A” Pref. — 6 12 6 N.Z. Guar. Corpn 0 4 6 Perm. Invest. 12 15 0 Perp. Trustees 2 10 0 2 15 0 South Island Fin. 1 3 1 10 0 United Bldg., x.d. 1 2 0 1 3 9 Shipping— P. and O. 2 17 0 . Union, pref. 1 8 3 Timber— Taupo Totara 1 6 1 11 0 Woollens— Bruce 2 17 0 Felt and Textiles of N.Z. 1 18 6 Pref., c.d. 1 6 Kaiapoi, 17s pai 1 8 0 Pref. 1 8 0 ,— Korma Tex., pref 0 19 1 0 o Timaru, rights 0 2 o Timaru 1 3 9 Miscellaneous— Alloy Steel (N.Z.) 2 12 0 Andersons, 1st pref. 1 6 Apex Ice 1 19 0 2 0 0 Assoc. Leathers 1 1 0 Aust. C.I. 2 19 0 3 1 0 Aust. Found. Inv. 0 6 7 Death and Co. c.d 2 15 0 Pref., c.d. i 7 0 Berlei (N.Z.) 1 9 6 Broken Hill Pty. . 2 13 3 2 14 3 Brown, Ewing 3 3 6 Coulls, Somerville. Wilkie i 16 6 Colonial Sugar 58 0 0 __ Rights 31 0 0 Consolid. Brick 0 9 6 Dental and Medical 1 11 6 Dorn. Builders 0 16 0 0 17 6 Dem. Rubber 1 0 Donaghy’s Rope . 3 0 Dunlop Rubber ■ 1£ 0 Dunlop, N.Z. 0 17 0 Pref. 0 18 3 Electro. Zinc, ord 3 18 8 Pref. 3 18 0 3 19 0 Evans Atlas 7 6 Farmers’ Tradin 5 0 Fletcher Hold. 1 11 6 G. J. Coles 6 3 Greater Crystal . 1 2 0 1 4 0 Hadfields — 0 17 6 Ltd. 3 17 6 K.D.V. Boxes c.d 0 12 0 .. . Macduffs, pref. 1 7 0 Holdings, pref. . 0 11 McKenzies 3 4 6 —. McLeod 2 18 0 Maling, pref. 1 2 3 — Matches (N.Z.)' . 0 1 0 0 3 0 Metters (N.Z.) i 2 6 Midland Mot., pref 1 2 0 ~— Morts Dock 1 4 0 N.Z. Forest Prod. 0 6 2 0 6 5 Otago Daily Times 2 0 __ Quill, Morris (1936) 2 10 0 Reid Rubber 0 16 0 0 16 6 Sanford 0 8 0 Simpson and Wil liams 3 0 0 — Skellerup, pref. x.d. 1 1 9 Turnbull and Jone — 1 16 0 United Provis. 0 15 j. —— Whit, and Tombs . 5 0 1 6 0 Wm. Cable . . 1 12 4 — Wilson Malt 1 13 0 * Wilson’s Cement . — 1 1 0 W’worths., ord. 1 6 9 1 7 0 Rights 0 16 0 — (N.Z.J, ord. 1 7 0 — UNLISTEI STOCKS Buyers. Sellers. £ s d. £ s. d. Amalg, Batteries 1 0 — Pref. 1 5 0 Andrews and Bea ven, pref. I 0 Ass. Mot. Pet., p 1 11 0 A.P.A. 1 6 1 6 0 Beaths (Is paid, 1 deposit) 2 0 — John Chambers, rt. 0 9 0 5 0 Canty. Seed 0 — Christchurch Pres 13 5 0 13 17 6 Gadsdens 9 — Pref. 1 i 1 4 6 Lane, Walker, Rud kin 3 3 0 — Matea Forests 0 2 0 0 2 2 N.Z. Fisheries 0 10 0 — Ross and Glendin ing 2 14 6 Reece, Ltd., E., ord x.d. 0 1 0 — Reece, Ltd., E., pf x.d. 0 11 9 — Scales "C” pref. —— 0 9 0 Tekau Knitwear . — 1 7 9 Selfridges (N.Z. con. 0 19 3 •— Victoria Mansion. 1 2 0 Waikari Lime, 17 6d paid 1 11 6 —