COMMERCIAL

Press, Volume LXXXVII, Issue 26395, 13 April 1951, Page 10

COMMERCIAL

STOCK EXCHANGES - i MODERATE TURNOVER A moderate turnover was recorded on the Christchurch Stock Exchange yesterday, and price falls outnumbered rises. Norvic Shoes, 10s paids, were quoted for the first time, and a sale took place at 14s Cd—there were further buyers at 14s 3d, but sellers were 9d away. DOMINION TRANSACTIONS CHRISTCHURCH . Sales on 'Change £ a. d. Var'n. National Insur. (200) .. 1 7 0 -3d N.Z. Farmers' Co-op. (41 p-c. Stock, 1800), - (£lOO ) .. .. 103 0 0— Woolworths, Ltd. (200; 100) ..1 2 0 —6d Sales on 'Change, Unlisted Norvic Shoes (10s pd), (100; 100) 0 14 6 Sales Reported 3 p.c., 1963-65 (£1700) .. 100 0 0 Bank N.S.W. (15) .. 43 5 0 N.C. N.Z. Breweries (250) .. 212 6 +6d Felt and Textiles (N.Z.) (50) .. .. 2 3 0 N.C. Broken Hill Pty. (300) 2 6 6 -1/AUCKLAND Sales.—l/8/51-54, 3 per cent. (£500). £lOO ss; 15/5/53-56, 3 per cent. (£1500), £lOO 12s 6d; 15/8/59-61, 3 per cent. (£800), £9O 18s 9d; 15/7/62-64, 3 per cent. (£750), £100; 15/7/63-65, 3 per cent (£5500), £100; 15/6/52-55, 4 per cent. (£260), £lOl 17s 6d; Auckland Harbour Board, 9/7/61. 4) per cent. (£500), £lO9 ss; Bank of N.S.W. (15), £43 ss; Ballins Breweries (300), 31s 6d; National .Insurance (550), 275; Feltex, Aus. (200), 44s 6d, and, rights (62), 16s 6d; Feltex, N.Z. (250). 435; Korma, pref. (200), 21s; Aluminium Co., pref. (156). 41s; B.H. Pty. (300), 48s 6d; Fletchers (300), 37s 9d; George Court (300), 525; K.D.V. Boxes (122), 13s; N.Z. Drug (61), £6 10s; Morris Hedstrom (100). 59s 6d; Forest Products (500), 9s 9d; Reid Rubber (200), 17s 3d; Woolworths, N.Z. (400), 29s 10d; Placer Development (25), £8 12s 6d. Unlisted: Matea Forests (227). 2s ,6d; Norvic Shores. 10s paid (200), 14s 6d. WELLINGTON Sales.—Late Wednesday: 3‘per cent.. 5356, Bonds (£500), £TOO 12s 6d; National Insurance (550). 275; South British, cum (65), £5 19s 6d; Woolworths, Ltd., div (300), 225. Yesterday: 3 per cent., 52-55 (£200), £99 12s 6d: National Bank N.Z. (174), 665; New Zealand Breweries, 2 sales (300), 52s 6d; Gear (200), 34s 3d; National Insurance (200), 275; Wellington Investment /Trust (841), 10S 6d: Dunlop. N.Z. (200), 21s; G. J. Coles (200), 22s 9d: N Z^. Dr ?JE., <6 lL £6 IQs; Woolworths, Ltd., 2281 and <242) ’ rtghts, 2 sales, 9d; Woolworths, N.Z. (300), 30s. Unlisted: Black and White Cabs (100), 4s. e i2 : ,X Z - Refr *s- 45s Woolworths, Ltd., div. (110), 225. . . DUNEDIN 0I ? al §" nk of NZ - 665. Reported: Woolworths, Ltd. (300), 225, and, rights (220), 16s lOd; National Bank 24s N Z ’ (100) ' 665; NZ - Refri «- cont. (300), INVERCARGILL <M^iOSK R -o P °, r H^ M^ U . nt Lyell <160). 22s 9d, 1956-09 (£700), £lOO 12s 6d: Southland Frozen Meat (200). 76s 6d; N Z Refrigerating (100), 24s Id. “ “* LATEST QUOTATIONS

OTHER EXCHANGES SYDNEY Share prices again turned upwards on the Sydney Stock Exchange yesterday after a pause earlier this week, when falling wool prices and profit taking caused a slight recession. , „ - Sales. —Commercial Bank of Sydney. £27 9s; Bank of New South Wales. £47 12s 6d; Tooths. £5 12s; Queensland Insurance, 5s paid, 70s; United, 19s lOd: Aust. Paper, 38s 3d, and, contributing, 15s 4}d; A.C.1., Vts fid; 8.H.P.. 555; Feltex, 50s Od. and, rights, 19s 3d: Anthony Hordern, 26s fid; Bums. Philp, 78s: Colonial Sugar. £69 7s fid; Drug Houses, 56s 6d. and. rights, 17s 3d; General Industries. 57s 6d; Coles, 26s 3d; Goldsbrough, 61s: Hadfields Steel. 275; Henry Jones. 745; Kandos, 59s fid; Morts Dock. 26s 9d; Wilcox Mofflin, Ils sd; . Carpenters. 365: Mount Lyell, 24s 9d: New Broken Hill, 375: Placer Dev.. £lO 15s; OU Search. 3s sd. MELBOURNE Investments were generally firm on the Stock Exchange yesterday. Price rises outnumbered falls. Sales— Commercial Bank of Australia, 295; A.C.1., 75a 9d; British Tobacco, 48s 8d; Colonial Sugar, £7O; Dunlop, 44s 9d;

Banks— Buyers. £ 8. d. Sellers. £ 8. d. Comm, of Aust. .. 1 7 0 E., S., and A., c.d. 7 7 0 Nat. of A'asia, 12/6 1 2 0 1 3 0 National of N.Z. .. 3 5 Q 3 10 Breweries— Ballins. ord. Pref. Dominion .. New Zealand .. Westland Coal— 1 11 1 2 4 O 2 12 0 .3 0 0 1 11 1 2 2 12 ’2 8 6 9 6 0 Kaitangata Pukemiro ., 1 3 6 1 10 Frozen MeatCanterbury 23 12 6 Pref. N.Z. Refrig., £1 pd 8 5 2 6 0 0 8 12 2 6 6 9 10s paid Nth. Canty, pref. .. 1 3 1 2 9 0 1 4 2 Southland Gas— 3 16 6 — Christchurch 1 1 0 10s paid „ Timaru 0 11 3 0 10 6 Insurance— National 1 7 3 New Zealand 6 11 0 South British 5 19 0 6 1 0 Lean and Agency— Dalgety Goldsbrough, Mort 0 14 2 16 3 3 Nat. Mort. "A" — 0 11 0 "B” , . N.ZF. Co-op. 0 15 9 2 15 0 16 0 3 First pref. 8 0 0 “A” pref. 6 0 0 6 ~5 0 4J p.c. Stock, '60 102 17 t 4J p.c. Stock, W 103 0 0 Perm. Invest. 12 17 8 United Building .. 1 2 9 Wright, ’Stephenson 3 11 8 MM • Pref. ,, ... 1 5 9 1 9 TimberKauri Woollens— Bonds 3 2 0 1 18 6 Felt and Textiles, rights —— 0 17 0 Felt and Textiles of NJ! 2 2 6 2 3 0 Korma Tex., pref. 1 0 4 1 0 9 Mosgiel, c.d. 2 15 0 Timaru 1 T 3 Miscellaneous— Acetone, pref. 1 3 4 Alloy Steel (NJ!.) 2 13 0 Bycroft 3 0 0 Aust. CX 3 3 3 Avon Metal 0 16 0 Beath and Co. Booth, Macdonald 2 18 6 0 "4 3 Pref. — 0 15 0 Broken HUI Pty, .. 2 8 3 2 8 9 Brown, Ewing 3 3 0 Colonia] Sugar .. 61 0 0 New, contr. — 42 0 0 Dom. Builders 0 15 0 0 17 9 Dorn, Fertiliser .. 1 12 0 Donaghy's Rope 3 2 0 DJ.C., 10s pd. 1 17 3 Pref 1 8 0 __ Dunlop Rubber .. 1 19 6 Dunlop, N.Z. i "o 0 1 1 0 Pref. 0 19 11 Electro Zinc, ord. 2 5 0 — Pref 5 0 0 Evans Atlas 1 ~8 0 1 9 6 Fle>cher Holdings 1 16 6 1 18 0 G. J. Coles 1 2 9 1 2 11 Hallenstein Bros. 1 12 0 Hay’s, rights 0 16 0 Humes — 2 4 6 J. Gadsden ., 1 10 3 Pref 1 4 3 1 *4 9 J. J. Niven .. 2 12 0 KJ3.V. Boxes 0 12 6 Macky Logan 2 2 9 —— McKenzies — 3 7 6 McLeod 2 8 0 Midland Mot., pref. 1 2 0 __ Milburn Lime, c.r. 1 14 0 M— M.K. , Manufacturers, c.d. 0 16 6 0 17 6 N.Z. Drug 6 9 6 N.Z. Express NZ.F. Fertiliser ,. 0 14 2 0 0 0 — N.Z. Forest Prods. — 0 10 0 N.Z. Newspapers .. — 2 17 0 North. Roller Mill 1 14 0 ——_ Quill Morris. 1936 2 10 0 ——— Smith and Smith, pref. MM 1 4 6 Sharland 2 13 6 mm Simpson and Williams 3 2 6 3 10 0 Skellerep, pref. .. 1 2 5 — Tingey, R. & E. pf.’ —— 1 12 0 United Provisions —— 0 16 0 Whakatane Board Mills — 1 5 0 Whit, and Tombs 1 8 3 MM Wilson’s Cement **■• 1 1 0 Wilson’s Malt 1 14 6 MMW’worths, ord. .. 1 1 11 1 2 0 Rights .. 0 16 9 0 17 0 N Z.. ord. MM 1 10 3 W. R. Cooke and Son 0 8 0 — UNLISTED STOCKS Buyers. Sellers. £ a. d. £ s d. Andrews & Beaven, pref. 1 4 6 MB Beaths. Is paid (19s deposit) MM> 2 5 0 Black and White Cabs 0 3 3 m—. Chch. Press — 13 15 0 John Chambers .. 1 14 0 MM Lane, Walker, Rudkin 3 1 6 MM Mackintosh, Caley, Phoenix —— 2 3 0 Matea Forests 0 2 2 MM Norvic Shoes (10s paid) 0 14 3 0 15 0 Reece. Ltd., E., ord. 0 1 6 — Pref 0 12 3 —— Tekau Knitwear .. 1 8 0 1 10 0 Victoria ..Mansions 1 3 6 —