COMMERCIAL

Press, Volume LXXXVII, Issue 26511, 28 August 1951, Page 11

COMMERCIAL

STOCK EXCHANGES WEEK OPENS ON QUIET NOTE Markets were quiet on the Christchurch Stock Exchange yesterday, and prices of most stocks held round recent levels. Australian chain stores and Industrials showed little change. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change £ s. d. Var’n. 3 p.c., 1661-83 (£300) 99 7 6 NJs. Forest Products pref. (400) .. 015 6 N.C. Woolworths (N.Z.), ord. ((113) .. .. I*o 0 —6d Sales Reported, Listed 3 p.C„ 1962-64 (£1300) .. 99 7 6 N.Z. Refrig. (10S pd.). (100) .. .. 0 19 0 N.C. N.Z. Farmers’ Co-op. ’ „ “A” pref. (50) 6 0 Y -4/auckland Sales.— l/10/53, 2(4 per cent. (£590), £99 10s; 15/4/56-59, 3 per cent. (£1000), £lOO se; South British (250). £6 3s 6d; Col Sugar (15), £54 10s, and (5), £5.4 15s, Coles (300), 22s 9d; K.D.V. Boxes 100 , 13s 6d; Forest Prods. (100), 13s, and (100). 13a Id; Reid Rubber (300). 18s; Toppa Ice (1400), 9s; Whakatane Board (100), 275; Woolworths, Ltd. (100), 21s 3d, and (100), 21s 6d; Placer Dev. (75), £lO ss. Unlisted: Farm. Trading, “C” pref,, new (50), 255; Greers (200), 28s 9d, and (300), 28s 6d; John Chambers (100), 375; Maple Holdings, pref. (267), 25s 3d; Nat. Tobacco (172), 33s 41bd. WELLINGTON Sales.— 3 per cent., 60-63 (£500), £100; 31 per cent., 57-60 (£300), £lOl 12s 6d: 314 per cent, 53-57 (£1400), £lOO 15s; South British (50). £6 3s 6d; Sharland, pref. (82), 58s 9d. Unlisted: Matheson Minster, pref. (100), 21s; Nor vic Shoes (200), 14s. After call: G.. J. Coles (200), 22s 9d; Woolworths, Ltd.. 2 sales (600), 21s 6d. Unlisted: Ross and Glen. (200), 49s 6d. DUNEDIN Sales Reported.—N.Z. Forest Products. Ord. (200), 12s 9d: 1957-60 (£285), £lOO 12s 6d; 314 per cent. 1953-57 (£350), £lOO 78 8d; N.Z. Refrigerating, cont. (100), 19s.

OTHER EXCHANGES

SYDNEY The rising trend of shares prices continued on the Sydney Exchange yesterday, despite early uncertainty concerning wool prices. Sale*.— Tooths, 90s; 8.H.P., 555, and contributing, 345; Coles, 265; Goldsbrough, 51s 3d; Howard Smith, 335; Morts Dock, 24s 10l4d; New Zealand Forest, 15s 6d: Stirling Henry, Ils 3d; Wilcox, Mofflin, 9s 9d; Woolworths, 24s 9d; Colonial Sugar. £63 2s Bd, and contributing, £4l 15s: Aus. Paper, 33s 3d, and contributing, 21s: Burns Philp, contributing, 62s 6d; Drug Houses, 475; A.C.1., 665; David Jones, new, 46s 6d; IC.L, 39s 3d; Kandos, 555, and contributing, 43s 6d; Anthony Hordern, 24s 7Jd; British Tobacco, 44s 6d; Dunlop, 46s 3d; Feltex, 48s; Placer Dev., £l3 13s; Oil Search, 4s; Rawang, 9s sd. MELBOURNE A firmer trend was indicated on the Melbourne investment market yesterday. Rises were mostly small, but several stocks recorded gains. Sale*.— Commercial Bank Australia, 265; Goldsbrough, 50s; Ampol, 39s 6d; A.C.1., 65s 6d; Drug Houses, 475; Feltex, 47s 9d; Coles, 25s lid; Gordon and Gotch, 275; Herald, 17s 3d; 1.C.1., 395; Kauri, 48s: Myer, Ila 6d; N.Z. Forest, 15s 3d; Olympic Tyre, 225; United Prov, 15s; Broken Hill Pty., 54S 9d; Broken Hill South, 68s 3d; New Broken Hill, 355; Mount Lyell, 23s 9d; A.G.D., £5O; Mount Morgan, 245; Oil Search, 4s.

LATEST QUOTATIONS Buyers. £ s. d. Sellers. £ s. 1. Banks— 0 A.N.Z. — 2 1 Comm, of Aust. .. Natl, of A’asia,’ 1 3 3 — 12s 6d — 1 1 0 Natl, of N.Z. Breweries— — 3 8 0 Ballins, ord. .. . 1 11 9 Dominion .. 3 16 0 — New Zealand Frozen Meat— 2 8 3 — Canterbury 23 0 0 24 0 0 Pref. N.Z. Refrig., £1 pd. MM 8 10 0 MM 1 19 3 10s paid Southland . • — 0 19 3 10 3 0 Pref 3 7 0 MV Gas— Christchurch 1 0 3 —— 10s paid . < 0 8 6 0 9 6 Insurance— F.A.M.E. 1 1 5 — National «M 1 6 6 South British MM 8 3 6 Standard —— 4 18 6 Loan and Agency— C.F.CTA.. ord. 1 17 0 Pref MM 3 10 0 Dalgety 0 11 0 Mutual Benefit .. 19 12 6 «M Nat. Mort. "B” .. —- 2 16 0 Newton King 0 11 6 —— N.Z.F. Co-op. •— 0 15 9 1st pref. "A" pref. —M 8 5 0 5 17 6 6 3 0 41 p.C. Stk., ’60 .. 102 15 0 M41 p.c. Stk., '55 .. 102 15 0 Mv NJS. Guar. Corpn. 0 2 1 MV Perm. Invest. 13 10 0 United Bldg. Shipping— 1 3 9 — Devonport Ferry Huddart Parker, 1 10 6 — c.d. 2 13 0 —— N.Z., pref. 11 0 0 M» Union, pref. Timber— 1 7 6 1 8 3 Taupo Totara, x.d. Woollens— — 2 0 6 Bruce 2 2 6 MV Felt and Textiles Of N.Z., pf. •• 1 4 9 •MKalajpol, 17s paid, 1 8 6 1 9 6 Kornria Tex., pref. 1 1 3 1 1 7 ’ Manawatu 3 6 0 Tlmaru — 1 7 9 Cent. <• Wellington, c.d. .. — 1 0 10 18 Q 6 Miscellaneous— Acetone, pref. 1 3 6 A.C.I., rights Aust. C.I. •• 1 0 2 18 0 Aust. Found Invest., c.d. • • • • 0 8 2 Avon Metal 0 13 3 Beath and Co. MM 3 2 0 Booth, Macdonald Pref. ■ ’ 0 3 0 15 9 0 0 16 3 Brit. Tobacco —— 2 0 0 Broken Hill Pty. 2 6 3 «“ Claude Neon. N.Z. 2 13 6 MColonial Sugar 53 0 0 — Dom. Builders 0 14 0 Donaghy's Rope .. D.I.C., 10s pd. Dunlop Rubber .. 2 ~0 0 2 5 0 — 2 1 0 Dunlop, N.Z. Pref. 0 19 10 1 1 1 0 0 3 Electro. Zinc, pref. -M 4 4 0 Fletcher Hold. 1 16 9 Frozen Products .. — 1 6 6 G. J. Coles 1 2 10 1 2 11 Greater Crystal .. 1 3 9 1 5 0 Hay’s, Ltd. V— 4 4 6 Henry Jones — 3 2 0 Henry Berry I.C.I. A. N.Z.. pref. — 1 4 1 2 0 0 ord., c.d. 1 14 0 1 17 0 J. Gadsden 1 9 9 «M Pref MV 1 4 11 J. J. Niven 2 14 9 •M McKenzies 3 10 0 MM McLeod 2 14 6 2 17 0 K.P. and Co. Mas., Struthers. £1 6 10 0 — paid, cum div. .. 1 16 0 — 14s pd., cum div. MV 1 5 0 10s pd., cum div. — 0 17 9 Midland Mot., pref. Milburn Lime, 1 1 9 — contr., c.d. •—• 0 13 0 M.K. Manufac. MM 0 16 3 Morts Dock ■M 1 3 6 National Electric .. 4 10 0 N.Z. Forest Prods. — 0 13 0 N.Z. Paper Mills Quill, Morris (1936). 1 17 6 1 19 0 c.d. 2 17 6 '- — Radio (1936) Simpson and Wil- — 0 18 3 15 0 liams 3 10 0 0 Skellerup, pref. .. Tingey, R. and E., pref. 1 3 9 1 4 2 1 10 6 Turnbull and Jones — 2 2 6 Weeks Whakatane Board 2 10 0 — Mills 1 6 0 1 7 6 Whit, and Tombs .. — 1 9 0 Wilsons Cement .. 1 1 3 MM W'worths., ord., c.d. 1 1 4 1 1 9 (N.Z.), ord. (N.Z.), props., pf., 1 9 9 1 10 0 C.d. MM 1 4 9 W. R. Cooke & Son Overseas Listings— 0 8 6 — W’worths. (S.A.) .. 1 0 0 M. UNLISTED STOCKS Buyers. Sellers £ s. d. £ s. 1 7 d. Amalg. Batteries Andrews and Bea1 5 0 6 ven, pref. 1 5 0 MM Ass. Mot. Pet., pf. 1 12 0 1 14 6 Acetone Beaths (Is pd., 19s 1 10 0 — deposit) — 2 8 0 Canty. Seed (N.Z.) Mac., Caley, Phoe1 10 0 — nix -M 2 1 0 Matea Forests Norvic Shoes, 10s — 0 3 4 paid 0 13 6 0 14 0 Prudenial Build. .. 1- 0 0 MM Reece, Ltd., E„ ord. 0 1 6 ■MB Pref Ross and Glendin0 13 0 — Tekau Knitwear .. 2 10 1 11 0 6 Victoria Mansions 1 5 0