COMMERCIAL

Press, Volume LXXXVII, Issue 26398, 17 April 1951, Page 9

COMMERCIAL

STOCK EXCHANGES WEEK OPENS ON QUIET NOTE Markets were quiet on the Christchurch Stock Exchange yesterday. Dealings were restricted to a tew stocks. Price falls outnumbered rises. Woolworths. Ltd.’s shares rose sharply to 22s 6d, but this was the only gain recorded on the day. DOMINION TRANSACTIONS CHRISTCHURCH

Sales.—ls/9/52-55, 3 per cent. (£300). £B9 15s; 15/12-53-56, 3 per cent. (£2815). £lOO 8s 9d; 15/6/52-55, 4 per cent. (£200), £lOl 17s 6d; Franklin E.P. Board, 2/8/63, 4f per cent. (£200), £llO 15s; Quill Morris (66), 51s; N.Z. Insurance (50), £6 10s; F.A.C., "A” pref. (200). 27s 6d; Consolidated Brick (300), 9s 3d; Fletchers (376), 37s 9d; M.K. Manufacturers (100), 16s 9d; Forest Products (300), 9s 6d; Woolworths, N.Z. (275), 29s Ud; Woolworths. Ltd., rights (40). 17s sd, and (500), 17s 6d. Unlisted: Maple Holdings, new, ord. (100), 50s; Ross and Glendining. new. fully paid (200). 45s 3d WELLINGTON Sale*.—Late Friday: Gear Meat (100), 345,3 d; Fletcher Holdings (110), 37s 9d Yesterday: 2 per cent., 1/10/53 (£2oou) £9B 17s 6d; 3 per cent., 57-60 (£840) £lOO ss; 3 per cent., 63-65 (£500), £100; National Bank N.Z. (150). 665; Gear Meat (150), 34s 3d; Wellington Wool. pref. (21) £lO 10s; -letcher Holdings (100), 38s; Woolworths. Ltd., rights (1000), 17s 6d. Unlisted: Keystone Investment (620), 3s 9d; Norvic N.Z. Shoes, two sales (4QC), 14s 6d. After call: 3 per cent., 61-63 (£5000), 9100: J. J. Niven, two sales <353), 535. DUNEDIN National Hank of N.Z. (150), bos; Southland Frozen Meat, pref. (50), 77s 6d; National Insurance (100), 275. Sales Reported.—4 per cent., 1952-55 (£200), £lOl 17s 6d; National Insurance, late (450), 275; Wright Stephenson, pref. (1000), 265; G. J. Coles, late (500), 235; N.Z. Drug (137), two sales, £6 10s; National Bank of N.Z. (100), 665. LATEST QUOTATIONS

OTHER EXCHANGES SYDNEY Business was transacted in a wide range of stocks at generally firm prices on the Sydney Stock Exchange yesterday. Sales.—Commercial Banking of Sydney, £27 10s; Bank New South Wales, £47 ss; Union Bank, £l3; Tooheys, 395; Tooths, £5 Ils; Queensland Insurance, 90s 6d; Aust. Paper, 33s 7}d, and cont. 15s 4Jd; A.C.1., 755; Bradford Cotton, 50s 9d; Broken Hill Pty., 55s 9d; Burna, Philp. 78s 6d; Colonial Sugar, £69 12s 6d; Dalgetys, 15s ad; David Jones, 54s 6d; Drug Houses, 565-, Dunlop, 45s 6d; General Industries, 575. and pref. 35s 6d; Colea, 26s 6d; Goldsbrough, Bls 6d; Hadfields Steel. 27g 9d; Henry Jones, 74s 6d; Howard Smith. 33s 6d; Woolworths. 28s 4}d. and rights, 20s; Feltex, 50s 9d; 1.C.1.. 28s 9d; Wilcox, Mofflin, Hs 4d; Carpenters, 35a 9d; Placer Development. £lO 17s; Broken Hill South, 71s 9d; Wellington, 2s 4d; Oil Search, 3s 3d. MELBOURNE In the Melbourne Stock Exchange yesterday, investment prices remained close to last week’s closing levels. Sales.—Commercial Bank of Australia, 295; Goldsbrough, 625; Australasian Paper, Wfe ®p T «e.S. 51s, Coles, 26s Bd; Herald. 18s sd; 1.C.1., 28s 3d; Humes, 475; Woolworths, 265; Electro. Zinc, £5 19s; Broken Hill Pty., 565; Broken Hill South. 71s 6d; Consolidated Zinc, 42s 6d: Mt. Lyell. 24s 9d; Mt. Isa, 535; Loloma. 29s 3d; Mt. Morgan, 28s 3d; Oil Search, 3s 6d.

Sales on ’Change £ s. d. Var’n. 3 p.c., Dec., 1953-56 (£200) 100 5 0 N.Z. Forest Products, ord. (200, 100) 0 9 10 -2d Woolworths. Ltd. (122) N.Z. Forest Products, 1 & 6 + 6d ord. (100, 300) 0 9 9 -3d Sales Reported Nat. Bank of N.Z. (150, 150) 3 6 0 — 4s Nat. Insurance (200» 100) 1 7 0 N.C. Hay’s. Ltd., rights (112) 0 15 0 — Is AUCKLAND

Banks— Buyers. ‘ s. d. Sellers. £ s. d. Comm, or aus>. 1 6 9 E., S., and A., c.u. —w 7 7 0 Nat. of A'asia. (12s 6d). c.d. .12 6 1 3 6 National of N.Z. .. — 3 7 0 Breweries— Ballins, ord. —— 1 11 6 Pref .— 1 2 9 New Zealand 2 12 0 2 12 6 Westland -— 2 8 0 Coal— Kaitangala .. 1 3 6 1 5 3 Pukemiro 17 6 —— Frozen Meat— Canterbury 25 12 6 Pref —- 8 12 6 N.Z. Refrig., 10s pd. 1 4 6 Nth. Canty., pref. 1 2 0 —— Southland 3 17 0 —— Gas— Christchurch 0 19 9 1 2 0 10s paid 0 10 6 Timaru 0 11 0 — Insurance— National 1 7 0 New Zealand —— 6 11 0 South British, x.d. 5 17 0 Lean and Agency— C.F.C.A., ord. I 15 0 —— Goldsbrough, Mort — 2 14 6 Nat. Mort.. "A” .. .1—» 0 10 11 “B” 2 15 0 N.Z.F. Co-op. 0 15 6 0 16 3 First pref. 8 0 0 —- "A" pref. 6 0 0 6 4 0 (4J p.c. Stk., '601 102 17 6 (44 p.c. Stk., ’55) 102 17 6 — N. Z. Guar. Corpn. 0 2 0 0 2 4 Perm Invest. 12 17 6 .United Building .. 1 2 9 —. Wright, Stephenson 3 11 6 — Pref 1 5 9 — Shipping— Union, pref 19 0 TimberKauri —— 1 19 0 Woollens— Bonds 3 2 0 Felt and Textiles. rights 0 16 0 —— of N.Z. 2 2 6 Korma Text., pref. 1 0 3 —— Manawatu 3 2 0 — Oamaru, c.d. 2 8 6 — Timaru 1 7 6 —— Miscellaneous— Acetone, pref. . .. I 3 4 Bycrof t 3 0 0 ■ >» Aust. C.I. 3 4 0 Avon MEtal 0 16 0 Beath and Co. 2 16 6 Booth. Macdonald —— 0~4 3 Pref — 0 15 0 Broken Hill Pty., c.d. 2 8 3 2 9 0 Brown Ewing • .. 3 3 0 — Colonial Sugar 60 10 0 62 0 0 New, epntr. Courtaulos 0 13 7 42 0 0 Dom. Builders .. 0 17 6 Doni. Fertiliser' .. 1 12 0 —— Dom. Rubber —— 1 10 0 Donaghy's Rope .. 3 4 6 — D.I.C.. 10s pd. 1 17 0 —— Pref 1 8 0 Dunlop, N.Z. 0 19 9 10 9 Pref —— 1 0 0 Evans Atlas 1 8 0 19 8 Gordon and Gotch 1 4 6 G. J. Coles I 2 9 1 *3 0 Hallenstein Bros. 1 12 0 Hay’s, rights 0 14 9 0 15 6 Hay's, Ltd. 4 0 0 J. Gadsden 1 10 5 — Pref. ’ .. 1 4 3 J. J. Niven 2 12 0 Macky Logan 2 2 9 — McKenzies 3 7 0 McLeod 2 8 0 Mid'and Mot., pref. 1 2 0 Milburn Lime, rts. 0 1 6 0 4 0 M.K. Manufac., x.d. 0 16 0 National Electric .. 4 0 0 — N.Z. Drug 6 10 0 — N.Z. Express 0 14 0 ——. N.Z.F. Fertiliser .. 2 0 0 __ N.Z. Forest Prods. 0 9 9 0 9 10 N.Z. Newspapers .. —— 2 17 0 North’n Roller Mill 1 14 0 Quill. Morris (1936) 2 10 0 Reid Rubber 0 17 9 Smith and Smith. pref. —— 1 4 6 Sharland 2 13 6 Simpson and Williams 3 2 6 Skellerup. pref. .. 1 2 3 1 3 0 Tinpev, R. and E.. pref. 1 12 0 Turnbull and Jones 1 18 0 Whakatane Board Mdls. pref. — 1 5 6 Whit, and Tombs 1 6 0 Wilson Malt 1 14 0 Wilsons Cement 1 1 0 W'worths, ord. 1 2 6 1 3 0 Rights 0 17 1 (N.Z ), ord. 1 9 6 1 10 2 Properties —— 1 7 0 W. R. Cook and Son 0 8 0 - UNLISTED STOCKS Buyers Sellers £ s.d. £ s. d Andrews & Beaven pref. 1 4 6 __ Beaths, Is pd., 19s deposit 2 2 6 —— Dom. Comp. Yeast. pref. — 1 17 9 John Chambers .. 1 14 0 Chch. Press 13 5 0 13 15 0 Lake Ida 0 19 6 Lane. Walker, Rudkin 3 5 0 Mac., Caley, Phoenix __ 2 2 9 Matea Forests 0 2 3 0 2 8 Norvic Shoes, 10s paid 0 14 6 0 14 9 Reece. Ltd., E., ord. 0 1 6 Pref. 0 12 3 . Scales "C,” pref. 0 6 3 0 8 0 Tekau Knitwear .. 1 8 0 Tlngey, R. and E„ ord., ex bonus, c.d. — 1 o q Victoria Mansions .. 14 0 Waikari Lime, 17s 6d paid 1 11 0