COMMERCIAL

Press, Volume LXXXVII, Issue 26396, 14 April 1951, Page 8

COMMERCIAL

STOCK EXCHANGES MARKETS REMAIN QUIET Markets were again quiet on the Christchurch Stock Exchange yesterday, and the recorded turnover was small. Price levels generally showed little variation. DOMINION TRANSACTIONS

AUCKLAND Sale*.—ls/5/53-58, 3 per cent. (£300), £lOO 12s 6d; 15/7/63-65, 3 per cent. (£1200), £100; 15/9/64-66, 3 per cent. (£5000), £lOO ss; 15/1/53-57, 3) per Cent. (£250), £101; 15/6/52-55, 4 per cent (£300), £lOl 17s 6d: 31/5/54-58. 4 per cent. (£500), £lO3 10s; National Savings Bonds ,15/6/53 (£100), £lO6 10*; Takapuna 8.C., 1/2/54, 3} per cent. (£400), £lOO 15s; Auckland Harbour Board, 9/7/56, 4j per cent. (£300), £lO5 3s, 9d; Auckland Gas, 5s paid (241), 4s 4d; South British, cum div, (150), £5 19s 6d; Northern Steam (200), 7* 6d; Feltex, Aust. (400), 44s 6d; A.C.I. (100), 64s 6d; British Tobacco (200), 425; Colonial Sugar (12), £6O 15s: Farmers’ Trading (50), 455, and C,” pref. (100), 24s 9d; Coles (100), 23s and (500), 23s Id; Gadsden, ord. (100), 30s sd; Morris Hedstrom (100), 90s 6d; Forest Products (9<W), 9* 9d. and pref. (124), 19s 3d.: N.Z. Refrlg. (12ST. 49s 6d: Reid Rubber (300), 17s 3d; Whakatane Board (300). 245; Wool worths, Ltd. (200), 225, (500), 22s 4d, and rights (58), 16s 9d, (200), 17s 2d, and (18), 17s 4d; W. R.. Carpenter (500), 31s. Unlisted: Norvic Shoes (N.Z.), 10s paid (700), 14s 6d; Toppa Ice (300), 8* 3d. . , , WILLINGTON Sale*.— Late Thursday: National Insurance (200). 27*. Unlisted: Norvic Shoes (N.Z.), 10* paid (400), 14* 6d. Yesterday: 3 per cent.. 1961-63 (£1000), £100; Wellington Woollen, pref. (30), £lO 10s; N.Z. Forest Products (200), Bs 9d; Woolworths, Ltd., rights. 5 sales (2221), 16s 9d; Wool«dex <2o °* 2 Mle ’- 2 d: JF°2 IWoI ? hB ' NZ - (200). 30s- Unlisted: Black and White Cabs (800). 4s; Norvic Shoes, N.Z.. 10* paid (300), 14s 6d; Toppa Ice (500), 8s fld. _, DUNEDIN .A®’*® Renortefl.—3 per cent., 1962-64 ini? 50 ## £9^T I J il^ d ; , Nat--Bank of N.Z. ll'l'l’®’! . nz - Retrig., con. (100), 265; 378 M: National ( 2SSi.’ 27 «: Bruce Woollen, pref. (100), 28s; Milburn Lime (275), 35*.

OTHER EXCHANGES SYDNEY „ J A slightly weaker tone prevailed yesterday on the Sydney Stock Exchange, following Thursday’s rally. Sales.—National Bank. 12s 6d paid, 26s 3d. and 20b "aid, 41s; Tooths, £5 Ils; Associated News.. 14s 3d. and pref., 18* 4d; Queens’and Insurance, 90s So; Anthony Hordern. 26s 6d. and pref., Ms 9d: Aust. Paper. 33s 6d, and edntr., 15s fid; A. 755: British Tobacco. 47s 3d; B. 555: Bums, Philp. 78s. and eontr., «)6. and South Sea. 545: Colonial Siigar. £69 7s M. and eontr.. £45 12s 6d: Feltex 80s fid. and right*. 19s Sd; Gnner»l Industries, 57s fid, and Coles. 265; Goldsbrouah. 70s 9d: HSdflrids Steel. 27s 6d: Kandns. 60s; Woolworth*. 26s 9d; Tpoheys, •«»s: Bradford Cnt’-'n. 50s 6d: Huddart Park-r. S«s: Dru« Houses. 56*. and rights, ’a* 3d- Fleetro. Z’nc. nref.. £5 ss: Souls, £7 17s: Wilcox. Mdffiln Ils 3d: Carpenter*. 3Ss 9rf: P-«ke” fflU North. 95s fl: New Broken Hill. 37s 3d: Placer Dev., £lO 18s; Bulolo, 90s; Rawang. 10s.

„ t MELBOURNE Pr * ce ris *8. outnumbered falls on the Melbourne Stock Exchange yesterday morning and they were evenly balanced in the afternoon. Trading volume continued at a high level. Bales.—Goldsbrough,* 60s; Australasian Paper. 33s 3d; A.C.1., 74s #d; British Tobacco, 48s 3d; 8.H.P., 55s 6d; Courtaulds, 15s 9d; Felt and Textiles, 514 3d; and rights. 19a lOd; G. J. Coles, 28s 3d; Herald, 18s 9d; Hume, 47s 3d; 1.C.1., 27s 6d, Myer, 11s 9d; Woolworths, rights, 20s; Broken Hill South, 70s 6d; Consolidated Zinc. 41s: Mount Isa. 80s 3d; Mount Lyell, 255; North Broken Hill. 95s 9d; Loloma, 29s 3d; Mount Morgan, 28s 2d; OU Search, 30s Bd.

CHRISTCHURCH Sales on Change . ' £ s. d. Var’n. 3 P.C., 1858-58 (£400) 99 17 6 — G. J. Cole* (900: 200) .. 1 3 0 N.C. Sales on ’Change. Unlisted Norvic Shoe. (10s pd.) (300) .. .. 0 14 6 N.C. Sales Reported Woolworths, Ltd. (late sale Thursday) (800) 1 2 0 N.C. Sales Reported* Unlisted Norvic Shoes (10s pd.) (100; 100) ..0 14 7 +ld

LATEST QUOTATIONS Buyers. Sellers. N.Z. Government— £ s. d. £ ». d. Mta w " “•?; 98 15 8 s PC. Ins., 1/8/5154 3 P.c. Ins., 15/9/52100 5 0 55 3 P.O. IM., 16/5/53- — 100 0 0 56 100 7 6 3 " C Ins . 15/12/5356 3 p.c. Ins., 15/3/55100 5 0 100 7 6 58 99 17 8 3 n.c. Ins., 15/4/5859 100 10 0 3 n.c. Ins.. 18/8/59•1 3 P.c. Ins., 16/4/60- — 100 3 8 63 100 10 0 -- ■ • 3 n.c. Ins., 15/7/8163 3 ”.c. Ins., 15/6/61- — 100 8 0 64 100 5 0 3 n.c. Ins., 15/7/83w MM 100 8 0 3 n.c. Ins., 15/7/6385 3 g P.c. Ins.. 15/5/64- — 100 8 *0 31 n.c. Ins.', ’15/9/5799 17 6 — 60 3i p.c. Bonds, — 101 0 0 15/1/53-57 100 12 6 4 n.C, Ins., 15/8/5355 ri”Sn. Services, 5 —■ 102 0 0 _ n.c.. Perpetual .. Benke— 90 0 0 98 0 0 Comm, of Aust. .. 17 0 E. S.. and A., e.d. 7 7 0 N’t. of A’Mia., c.d. 1 .1 0 Natl, of N.Z. - 3 9 0 Bmmerjes— Beilins, ord. .. 1 11 8 Pn»f. Dominion 4 0 0 1 2 9 Nm» Zenland 2 13 0 2 12 6 Westland 2 8 0 Cr»t— Kaitancata 13 8 Pukem’ro • ,, .1 10 0 y*A*e** Canterbury 25 13 0 PrM. 8 5 0 8 12 8 N SS. Re#rj«», tOs pd. 13 9 14 0 North Canty., pref. 1 2 0 Southland .. 3 17 0 i Cb’irtohnrch . 0 19 9 110 10s paid 0 10 8 Ttmsru 0 U 3 rp-n-an—e— Nation*! .. 17 0 17 3 New Z*al’nd 6 11 0 South British, x.d. 5 16 0 tn»* and A*ency— CF.r A.. rrnd. 1 16 0 rto’dshvmtgh. Mort. 2 15 8 Not Mort. "A” .. —. OHO <w —WW 2 16 0 N.Z.F. CO-on. ” 0 16 9 0 18 3 First nref. -800 "A" pre*. 8 0 0 8 4 0 4» p.c. Stock, *80 103 0 0 4» p.c. Stock, *55 103 0 0 —- Perm. Invest. 13 0 0 United Building .. 1 2 9 Wrloht, Stephenson 3 11 6 _ Pref 16 9 Shinning— Hr ion, pref. —M 19 0 T’mb«r— Kauri .. .. 1 18 8 prnxUrnp*. Bonds 3 2 0 — - Felt and Textiles, rights / . M. 0 16 9 Frit «nd Textiles> of N.Z. 2 2 6 — Kaiaooi, 17s pd. .. 19 6 Forma Tex., pref. 1 "o 4 1 1 0 Mannwatu 3 2 0 namaru, c.d 1 . 2 8 0 Timsru .. 1 7 6 — MlK'-lln-eons— Ao«ton» nref. 13 4 Alloy Steel 1N.Z) 3 13 0 Ander*ons, 1st pref. 15 6 Bvcroft 3 0 0 — Auat.CI. 3 3 9 Avnn Metal 0 16 0 Death and Co. 2 16 6 Berlet (N Z.) 1 12 0 M* B"nth Macdonald 0 3 9 0 4 3 Pre/. 0 15 0 R’oken Hill Pty. .. 2 *8 3 2 8 9 Brown Ewtng 3 3 0 I Co’onial Sugar 62 0 0 New. contr. 41 0 0 42 0 0 Courtaulds 0 13 9 Dorn. Builders 0 14 6 0 17 8 Dnm. Fertiliser .. 1 12 0 D TC.. 10s paid .. 1 17 3 —— Pfef. 1 8 1 Dunlop, N.Z. —— 10 9 Pref. — 0 19 11 Evans Atlas 1 fl 0 1 9 fl G. J. Coles 13 0 13 5 Wallenstein Bros. 1 12 0 M. H»vs. richts — 0 16 0 Hay's, Ltd. —as 4 0 0 J. Gadsden 1 10 3 MMB Pref. 1 4 3 14 9 J. I.-Niven 2 12 6 K.D.V. Boxes 0 12 6 M Macky Logan 2 2 9 —- McKen’ies —— 3 7 0 Met end 2 8 0 MSm Midland Mot., pref. 1 2 0 •M MK, Manufac., c.d. 0 16 6 0 17 8 N.Z. Drug 6 10 0 earn ' N 2. Excreta 0 14 0 OM NZ. Fertiliser • .. 2 0 6 a—> N 2. Forest Prod. 0 9 8 0 10 0 N Z. Newspaners — ‘2 17 0 Nthn. Ro’ler Mill 1 14 0 —— Otpvo HMlv Times 2 12 0 Quill, Morris, 1036 2 10 0 Retd Rubber MM 0 17 6 Smith and Smith. Pref. ., —— .14 8 ShaHand 2 13 6 — Simeon and Williams 3 2 8 3 10 0 Tincev. R. and E., pref. 1 12 0 Turnbull 8e Jones 1 18 0 Ml WMt. and Tombs 16 3 M* Wi’son Malt 1 14 0 —— Wilson’s Cement .. Me 110 Wwo-ths, ord. 12 3 12 4 Rights 0 16 9 — (N.Z.). ord. 19 6 1 10 2 Overseas Listings— •Wworths. S A. .. 12 3 Australian Mining— Mt, fra •MM 2 4 6 Mount Lyell 116 12 9 MiningAustral. N.Z. •• 0 3 8 Grey River .. 0 4-0 0 5 0 Snowy River 0 5 1 0 6 0