COMMERCIAL

Press, Volume LXXXVI, Issue 26263, 7 November 1950, Page 9

COMMERCIAL

STOCK EXCHANGES MARKETS QUIET were quite but firm on the Christchurch Stock Exchange yesterday. Business was restricted to a few stocks. DOMINION TRANSACTIONS CHRISTCHURCH Sales on Change Buyers. Sellers. £ s. d. £ s. d. N.Z. Breweries (100 ) 2 10 6 N.C. M Sales Reported Nat. . Bank Australasia (12/6 paid) (400) _z. 13 0 N.C. N.Z. Guarantee Corpn. (407) 0 3 3 N.C. Wool worths, Ltd. (500) 110 3 N.C. AUCKLAND Sales.— ls/7/62-64, 3 per cent. (£2100), £99 10s; Auckland City, 1/1/59, 3J per cent. (£2500), £lOO 10s; National Bank of A’asia., £1 paid (300), 39s 6d; Bank of N.S.W. (10), £44; Dominion Breweries (100), 765, and (100), 76s- 6d; Auckland Gas. 5s paid (800). 4s lOd; National Insurance (150), 25s 6d; N-Z. Insurance (76), £5 16s; South British (94), £5 6s; Newton, King, pref. (300), 22s 3d; N.Z. Guarantee Corp. (4C7), 3s 3d; North Auckland Farmers, £1 paid (120), 15s, and "B” pref. (SQOL 18s 3d; Traders’ Finance (250), 12a 6d; Korina, pref; (200), 20s 6d; Broken Hill Proprietary (300), 56s 4d; Gordon and Gotch (400), 275; Howard Smith (200), 30s; Farmers’ Fertiliser, pref. (100), 28b fld; Forest Products (200), 6s 6d; N.Z. Refrigerating (188), 41s; Northern Roller (100), 33s 6d; Relax, pref. (100), 19s 9d; Tip Top, pref. (200), 26s 6d; Turnbull and Jones (200), 365; Whakatane Board (240), 21s 3d; Whittome, Stevenson (100), 355; Wm. Cable (400), 345, and 1950 issue (100). 255; Woolworths, N.Z. (200), 29s 3d, and (250), 29s 4d. Unlisted: Korma, ord. (300), 14s 6d; Ross and Glendining, rights (200), 8s 3d; Southern Cross Assurance (100), 2s. WELLINGTON gales.—Late Friday: 3 per cent,. 1959-61 (£1000), £99 12s 6d; Consolidated Bricks (300), 9s 7d. Unlisted: Black and White Cabs (176), 3s 6d. Yesterday: 3 per cent., May, 1953-56 (£1000), £lOO 17s 6d; 3 per cent., 1962-64 (£2BOO, 2 sales), £99 10s; Union Bank (45), £ll 15s; Gear Meat (250), 31s; Union Steam, pref.'(6oo), 235; Broken Kill Proprietary (100), 56s 6d; Henry Berry (200), 20s 6d; Woolworths, Ltd. (500), 30s 3d. Unlisted: Ross and Glendining, rights (550, 2 sales), 8s 3d; Self ridges, N.Z., 16s paid (160), 23s lid. After call; 3 per cent* 1957-60 (£616), £lOO 7s 6d; 3 per cent., '1960-63 (£1135), £9B 15». DUNEDIN Sales.— N.Z. Forest Products, ord. (500), 6s 6d; Mount Morgan (400), 23s 6d. Sales Reported.—National Bank of N.Z., late sale (200), 625; Broken Hill Proprietary (200), 56s 6d; Dominion Breweries (71), 75s 6d. Unlisted: Ross and Glendining, rights (200), 8s 3d. INVERCARGILL gales Reported.—N.Z. Forest Products (400), 6s 6d, and (900), 6s sd; N.Z. Refrigerating (118), 41s; Ross and Glendining (61), 8s 3d.

OTHER EXCHANGES

SYDNEY Key industrials led the way in a strong market on the Sydney Stock Exchange yesterday, and rises heavily outnumbered talk. Sales.— National Bank (12s 6d paid), 9S< 3d; Bank ot New South Wales, M 0 13s; Commercial Banking of Sydney, £37 Us; Toeheys, Ms 6d; Tqoths, IS ss; Associated News, IBs lid, and pref., 19s 3d; Huddart Parker, Ms Bd: Aus. Paper. 30s 6d; A.C.1., figs; Berlei, 61s 9d; Broken Hill Proprietary. 60s 6d; Colonial Sugar, £66 2s 6d; Drug Houses, 50s 9d; C<es, 30s lOld; Henry Jones, 71s; Hows' J Smith, 34s 3d; Lustre, 435; Mort's Dock, 26s 9d; Woolworth, 33s lid; Bradford Cotton. 47s 3d; Bums, Philp, £5 10s; Dalgetys. 15s 3d: Dunlop, 44s 9d. and new, 42s Sd; Pelt and Textiles, 545; General Industries, 445;

Stedmans, 37s 9d; New Zealand Forest, 8s 64; Mount Lyell, 335, and new. 21s 6d; Broken Hill North, 86s; Broken Hill South, 575; New Broken Hill, 37s 6d; Placer Development, £7 7s 6d. MELBOURNE Investments on the Stock Exchange Were firm yesterday on rather quiet trading.' Most moves were small, but a few sharp gains were recorded. » Sales.—Union Bank, £l2 2s; Australasian Paper, 30s; 8.H.P., 60s; Drug Houses, 50s 6d; Dqnlop, 44s 6d; Felt and Textiles, 545; G. J. Coles, 30s 9d; Herald, 21s 9d; Myer, 22s 6d; New Zealand Forest, 8s 9d: Yarra Falls, 37s 9d; South Broken Hill, 57s 6d; Consolidated Zinc, 40s 6d; Mount Isa/ 435; North Broken Hill, 86s 3d; Mount Lyell. 22s 16d; Loloma. 265; Mount Morgan, 34s 84.

LATEST QUOTATIONS Banks— Buyers. £ s. d. Sellers. £ s. d. Comm, of Aust. .. 17 0 Natl, of A'asia., 12s W. c.d. 12 6 National of N.Z. 3 1 0 Union 11 15 0 11 17 6 Breweries— Ballins, ord. I 10 4 Dominion .. 3 14 0 New Zealand 2 10 9 Westland 2 5 0 Frozen Meat— Canterbury 18 15 0 Pref. mm. 8 15 0 NZ Refrig, £1 pd. 2 0 6 10s paid 1 0 9 Ww N.th. Canty., pref. .. 12 0 —— Southland 3 6 6 Waitaki, c.d. .. 9 0 0 GasAuckland .. 0 9 9 5s paid .. 0 4 6 — Christchurch —— 1 4 3 10s paid .. 0 11 6 Timaru .. — 0 11 9 Insurance— National .. 1 5 0 __ New Zealand 5 14 6 — South British 5 4 0 5 6 0 Loan and Agency— C.F.C.A.. ord. 1 9 3 __ Ch.Ch. Build., x.d. 21 0 0 22 0 0 Dalgety, c.d. 0 14 1 0 14 4 General Finance .. 1 1 6 *w Invinc. Building .. 5 5 0 w— Mutual Met. Bldg., Wgtn. • ™w 0 14 5 Nat. Mortgage, “A” 0 10 7 *w "B” 2 9 6 —— N Z F. Co-op. 0 13 8 0 14 3 First pref. 7 10 0 — "A”, pref. 5 7 6 5 12 6 **B,” pref. 5 7 6 —— N.Z. Guar. Cpn. .. 0 3 3 0 3 9 N.Z.L. and Mer., ord., c.d. and B .. 140 0 0 — Perm. Invest. 12 15 0 Perpetual Trustees, x.d. 2 10 0 S.I. Finance 1 6 7 Trustees Exors. 5 15 0 6 15 0 Wright, Stephenson, pref. 15 0 <— Shipping— Devon port Ferry .. 1 8 0 W— P. and O. 2 16 3 Union, pref. 10 0 Woollens— Felt and Textiles of N.Z. 2 0 9 2 2 3 Kaiapoi, 17s pd. .. 1 8 9 — Pref. 1 8 6 Mosgiel 2 12 0 — Timaru 16 6 — New, 7s 6d 0 9 7 0 10 1 Wellington •. 10 0 0 —- Miscellaneous— Alloy Steel (IJ.Z.), x.d. r .. — 2 11 6 Aust. C.I. 3 3 3 — Avon Metal .. —— 0 17 3 Be a th and Co. 2 13 6 — Is paid 1 2 3 —- Pref 1 6 6 *** Booth Macdonald. pref. — 0 15 0 Brit. Tobacco 2 6 0 <mm Broken Hili Pty., x.d. . . 2 16 0 2 17 0 Brown EXving, x.d. 3 5 0 Claude Neon. N.Z. 2 15 6 — Col. Sugar, ex. .. 60 15 0 MW Courtaulds 9 10 0 MW Dental and Medical 1 12 9 MW Dorn. Rubber 1 3 0 —— D.I.C., 10s pd., x.d. 1 14 6 WM Pref., x.d. 1 7 6 MW Dunlop Rubber, x.r. Pref. 1 18 0 2 ~2 0 Dunlop, N.Z. —— 0 18 3 Pref. 0 18 6 — Electro. Zinc, ord., x.d 4 13 Pref., x.d. 4 0 0 w— Evans Atlas 1 7 6 —— Fletcher Holdings 1 12 0 —w G. J. Coles, c.r. 18 6 MW Greater Crystal .. —> 14 6 Hay’s, Ltd. 3 19 6 •— Henry Jones 3 2 0 — Humes cum bonus issue 2 10 6 w— Macduffs, pref. .. 1 7 r 1 wm Holdings, pref. 0 11 0 — McKenzies 3 7 6 MW McLeod 2 18 6 WM Matches (N.Z.) 0 10 0 2 6 Metters (N.Z.) 1 2 6 14 9 Midland Mot., pf. 12 3 MW Milburn Lime — 1 15 0 M.K. Manufac. 0 13 0 MW Morts Dock 1 5 4 1 6 3 National Electric .. 4 3 0 — * N.Z. Express 0 14 0 WM N.Z.F. Fertiliser .. 1 16 0 r— N.Z. Forest Prod. 0 6 5 0 6 8 Pref 0 14 2 — N.Z. Newspapers — 2 14 0 North’n Roller Mill 1 1? o WM Otago Daily Times 2 8 0 —— Quill Morris (1936) 2 12 6 “W Sanford 0 8 0 — Royds Bros, and . Kirk (S’land) .. 1 4 9 1 9 6 Silknit 18 0 — Simpson and Wms. Skellerup, pref. .. 2 16 0 1 2 3 — Weeks, pref. 15 0 MW Whakatane Board Milk 10 9 — Whit, and Tombs 15 0 — Wilsons Cement .. 10 0 110 W’worths (ord.) •. 19 8 1 10 3 (N.Z.), ord., c.d. 1 9 45 1 10 0 W. R. Carpenter .. 3 10 0 — UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Amalgamated Batteries 16 0 Pref. 1 fl 0 — Andrews and Beaven, pref. .. 14 9 •M Ass. Mot. Pet., pf. 1 11 0 — Beathg (Is pd., 19s deposit) 2 10 2 3 0 Gadsdens — 19 6 Pref. 14 3 14 9 Mack’h. Caley, Pho. — 2 2 6 Matea Forests 0 2 0 — Nat. Trading 1 10 0 — N.Z. Mot. Bod. .. i. 1 19 0 Reece, Ltd., E. (ord.) .. 0 16 MW Reece, Ltd., E. (pf.) 0 12 0 — Regent Theatre (Ch.Ch.) 0 10 6 0 12 0 Ross and Glendining (rights) 0/8 0 0 8 3