COMMERCIAL

Press, Volume LXXXVI, Issue 26266, 10 November 1950, Page 10

COMMERCIAL

STOCK EXCHANGES MARKETS QUIET Markets were quiet on the Christchurch Stock Exchange yesterday, but prices generally were well maintained. DOMINION TRANSACTIONS Buyers. Sellers. > £s. d. Ver’n. Sales on ’Change Ballins Breweries (100) 110 9 N.C. Sales Reported South British Insurance (100) S B 0 Kaiapoi Wool (late sale Wed.) (240) 1 8 9 +«d Woolworths, Ltd. (455) 1 9 • —Sd N.Z. Guarantee Corpn. (750) .. 0 3 3 N.C. Morts Dock (late sale Wed.) (100) .. 1 5 0.Goldsbrough, Mort (200 ) 2 9 if +2/4J Natl. Bank of A’asia. (fully paid) (500) .. 118 3 Bank New South Wales ' (10) (ex div) .. 43 13 8 +Bd AUCKLAND Sales.—l/8/51-54, 3 pe- cent. (£200), £lOO ss; 15/9/52-55, 3 per cent. (£500), £100; 15/5/53-56, 3 per cent. (£300). £101; 15/12/53-56, 3 per cent. (£500), £lOO 15s; 15/8/59-61, 3 per cent. (£2800), £99 15s; 15/4/60-63, 3 per cent. (£710), £99; 15/7/62-64, 3 per cent. (£3000), £99 10s; Comm. Bank Aust. (77), 26s 9d; Bank N.S-W- (10). £43 12s 6d; Ballins Breweries (385), 30s 9d; N.Z. Insurance (50), £5 16s 6d; South British (200), £5 6s 6d; North Auckland Farm. "B” pref. (575), 18s 3d; Felt and Textiles. N.Z. (100), 41s 6d; Berlei. N.Z. (100), 31s: Farm. Trading, rts. (124), Ils 6d. and (40), Ils 7d; McKenzies (100), 695; N.Z. Drug (100), £6; Forest Prods. <200), 6s 8d: North Roller (200), 33s 9d; Reid Rubber (500), 15s lOd: William Cable (100), 345; Woolworth®, Ltd. (300), 29s Bd. Unlisted: Auckland Farmers’ Freezing (126), 275; Korina, ord. (100), 14s 9d; Manle Holdings, pref., rts. (467), 3s 3d: Mafea Forests (128), 2s 4d; Ross and Glendining, rts. (2250), Bs. WELLINGTON Sales.—Late Wednesday: Maple Holdings. pref., rts., 3 sales (500), 3s 3d. Yesterday: 3 per cent., Dec., 53-56 (£200), £lOO 12s 6d; 3 per cent., 60-65, 2 sales (£820). £99; 3 per cent., 61-64 (£505), £99 17s 6d; N.Z. Breweries (200),. 50s 6d; Financial Services (400), 21s; N.Z. Guarantee Corp. (750), 3s 3d; Union Steam, pref. (238), 28s; Felt and Textiles, N.Z. (100). 41s 6d; Colonial Sugar (5), £6O 10s; G. J. Coles (200). 28s 3d: Henry Berry (200), 20s 6d; Woolworths. Ltd., 3 sales (760), 29s 9d and (600), 30s; Woolworths Props. (350), 26s sd. DUNEDIN Sales.—Electro Zinc, pref. (100), 81s; Macduff's Holdings, pref. (200). Ils 6d; Milburn Lime (100), 345. and (100), 33s 9d. Unlisted: Ross and Glendining, rights (400), six sales, Bs. Reported: National Bank N.Z. (350), late, 625; 3 per cent., in=n ( £loo >- £99 12s 6d; 3 per cent., 1959-61 . (£1500), £99 15s; Commercial Bank. ord. (100), 27s 3d: Courtaulds lAust.) (100), Ils. Unlisted: Ross and Glendining, rts. (2500), 2 sales, Bs. INVERCARGILL S A ,es „ Re P° rted Ross and Glendining. rights (250), 8s; National Bank (100), 625. LATEST QUOTATIONS

OTHER EXCHANGES

SYDNEY Firm conditions ruled generally in heavy trading on the Sydney Stock Exchange, yesterday, and most sales were at Sales.—Bank S of New South Wales, £5O ss; Commercial Bank of Australia, 295; Tooths. £5 4s; Anthony Hordern, 255; Aust. Paper, 30s 9d: British Tobacco. 48s 9d; Broken Hill Prop.. 60s; Associated News. 15s lOJd: Huddart. Parker. 61s; Burns, Philp. £5 5s 6d; Dunlop, 46s 3d; Electro. Zinc, 93s 6d; and. pref., 86s 6d; Coles, 30s 3d; Goldsbrough, 535; Henry Jones, 71s fid; Howard Smith, 33s 9d; Sted.man, 9s 6d; Woolworths. 325; Berlei, 625; Bradford Cotton, 475: Colonial Sugar, £65; and. contributing. £45 7s 6d; Drug Houses. 50s 9d; Felt amd Textiles. 52s 6d: Hadfields Steel. 255; Morris Hedstrom, 61s: Mount Lvell. 235; and. new. 21s 9d; Broken Hill South. 535: Kuala Kampar. 325; Oil Search, 3s 7d; Placer Dev., £7 ss. MELBOURNE Investments showed little change yesterday on continued active trading at Melbourne. Base metals were firmer. Sales.—Commerial Bank Australia, 295; E.. S„ and A.. Bank. £7 Ils; National Bank. 12s 6d paid, 255; Dalgety, 15s 6d; Goldsbrough, 53s 6d; Australasian Paper, 30s 4d; Broken Hill Pron., 59s 9d; Drug Houses, 50s 6d; Dunlop; 45s 9d; and, pref., 445; Felt and Textiles. 535; G. J. Coles,« 30s 3d; Herald. 22s 3d; 1.C.1., A.N.Z., 16s; Myer, 22s 3d; Woolworths, 32s 3d; Yarra Falls, 60s 6d: and, rights. 395; United/Provisions, 14s 9d; Emperor, 12s; Mount Morgan, 24s 6d; Wellington, 2s 8d; Oil Search. 3s 6d. LONDON Broken Hill North, 67s 61d: Broken Hill Pty., 47s fid; Consolidated Zinc, 31s 9d; New Guinea, Is 3d; Mount Morgan, 19s

Buyers. Sellers N.Z. Government- £ s. d. £ s. d. 21 p.c. Ins., 15/4/4951 99 7 8 2^ p.c. Ins., 15/4/5021 p.c. War Loan, 99 7 6 — 1/10/53 98 15 0 •> P.c. Ins., 1/8/515* 100 0 0 3 p.c. Ins., 15/5/5356 100 15 0 3 pc Ins.. 15/12/5356 100 12 6 3 p.c. Ins., 1/8/51 58 100 0 0 3 P C. Ins.. 15/4/5659 3 p.c. Ins., 15/11/5799 5 0 — 60 100 7 6 3 p.c. Ins., 15/8/5961 99 15 0 3 P.c. Ins.. 15/4/6063 98 17 6 3J p.c. Ins., 15/9/5760 31 p.c. Ins., 15/1/53100 6 — 57 101 7 6 4 Ins.. 15/6/52Financial Services’, 102 0 0 — 5 p.c. May 31: Nov. 30 Ba nks— — 100 0 0 Comm, of Aust. .. 1 6 9 1 7 E., S., and A. . * Natl, of A'asia, £1, 7 5 0 cd. 1 17 6 Natl, of A’asia., 12s 6d, c.d. National of N.Z. .. 1 3 2 9 0 — N.S.W., x.d. 43 10 0 Union Breweries— 11 10 0 11 15 0 Ballins, ord. .. 1 10 6 Pref. 0 17 0 Dominion 3 14 0 New Zealand 2 10 g Westland, x.d. Frozen Meat2 5 0 Canterbury 18 16 0 20 0 0 N.Z. Refrig., £1 pd. 2 0 6 2 1 3 10s paid i 0 6 N,th. Canty,, pref. .. 1 2 0 Waitaki, c.d. Gas9 0 0 — Auckland 0 9 10 5s paid 0 4 6 Christchurch 1 3 9 1 4 3 10s paid 0 10 9 0 11 Timaru .. Insurance— — 0 11 9 National .. 1 5 4 New Zealand 5 15 6 South British 5 5 6 5 7 ■ Standard 4 13 0 Loan and Agency— C.F.C.A., ord. 1 9 0 Ch.Ch. Build, x.d. 21 0 0 21 15 0 Dalgety, c.d. 0 14 4 0 14 • General Finance .. 1 1 6 Goldsbrough, Mort 2 8 6 2 ~9 6 Nat. Mortgage, "A” 0 10 6 "B” 2 9 6 N.Z.F. Co-op.- ') 13 9 0 14 3 “A" pref. 5 7 6 5 12 6 N.Z. Guar. Corpn. N.Z.L. and Mer., 0 3 0 0 3 6 ord., c.d. and B .. 140 0 0 Perm. Invest. 12 15 0 United Building .. Wright. Stephen1 3 6 son 1 5 0 . Shipping— P. and O. 2 16 0 Union, pref. Woollens— 1 8 6 Felt and Textiles .. __ 2 10 g of N.Z., pref. .. 1 4 g Mosgiel ., 2 12 0 Timaru 1 6 New, 7s 6d 0 9 8 0 10 3 Wellington Miscellaneous— 10 0 0 Alloy Steel (N.Z.) Andersons, 1st pf., — 2 11 6 x.d. 1 5 6 _ Aust. C.I. 3 2 9 3 3 9 Bea th and Co. 2 13 6 Is paid 1 2 3 Pref 1 6 6 Begg and Co. 1 19 0 Berlei, N.Z. Booth Macdonald, 1 10 0 • pref. Broken Hill Pty., — 0 15 0 x.d. 2 15 6 2 16 0 Claude Neon, N.Z. 2 15 6 Colonial Sugar 61 0 0 Consolidated Brick 0 9 3 Courtaulds 0 10 6 Dental and Medical 1 12 9 Dorn. Fertiliser .. 1 10 0 Dorn. Rubber 1 3 0 D.I.C.. 10s pd. Pref. 1 14 0 1 7 6 Dunlop Rubber, x.r. 1 19 6 Pref. 2 0 o2 2 0 Dunlop, N.Z. 0 17 9 0 18 3 Pref. 0 18 6 Electro. Zinc, ord. Farmers Trading, 4 1 0 •— x.r. 2 2 6 Fletcher Holdings 1 13 0 Gordon and Gotch 3 3 6 G. J. Coles, c.r. 1 8 1 8 6 Humes, x.r. 2 8 6 J. J. Niven 2 8 0 Macduffs, pref. 1 7 3 Macduffs Hldgs., pf. 0 11 3 McLeod 2 18 6 .— Metters (N.Z.) 1 2 6 9 Midland Mot., pref. 1 2 3 Milburn Lime 1 15 0 M.K. Manufac. 0 13 1 Morts Dock 1 4 0 1 6 0 National Electric .. 4 3 9 N.Z. Drug 5 15 0 6 0 0 N.Z.F. Fertiliser .. 1 16 0 N.Z. Forest Proc 0 6 5 0 6 8 Pref. 0 14 0 N.Z. Newspapers — 2 14 6 Otago Daily Times 2 8 0 Quill. Morris (1936) 5 12 6 Sanford Royds Bros, and 0 8 0 — Kirk (S’land) 1 4 0 1 6 6 Silknit 1 9 3 Skellerup. pref. .. 1 2 3 Weeks, pref. Whakatane Board 1 5 0 — Mills 1 0 10 Pref. 1 2 0 Whit, and Tombs .. 1 5 0 Wilson Malt 1 13 0 Wilsons Cement, . .. Stalls.... c.d. 1 0 0 0 Woolworths, ord. j 9 6 1 9 8 (N.Z.), ord. — 1 9 8 Overseas Listings— W’wortbs (S. Africa) —— 1 2 6 Aust. Mining— Mount Lyell Mining1 1 6 1 2 6 Grey River 0 3 6 0 5 0 Snowy River 0 3 J UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s d. Amalgamated Batteries 1 6 0 — Pref Andrews and 1 6 0 — Beaven, pref. 1 5 0 — Ass. Mot. Pet., pf. Beaths (Is pd., 19s 1 11 0 — deposit) 2 1 0 2 3 0 Gadsdens —— 1 9 6 Pref. 1 4 3 1 4 9 Mack’h. Caley. Pho. — 2 2 6 Matea Forests 0 2 2 0 2 6 Premier Gold — 0 0 9 N.Z. Mot. Bod. .. 1 17 6 2 0 0

Buyers. £ s. d. Sellers. £ s. d. Ross and Glendining. rights 0 8 0 0 8 1 Smith. Wylie 110 Tekau •■ — 0 5 0