COMMERCIAL

Press, Volume LXXXVII, Issue 26512, 29 August 1951, Page 11

COMMERCIAL

STOCK EXCHANGES markets more active AX^J? s i. n c?. s ,' brisker on the Christchurch Stock Exchange yesterday. Price !!}?~x me, L ts >^ ere irregular, but rises out- ?_ U - I ? l bered f ali s ' A feature of the day's j£‘‘ d , n ® Y as the strong upward move in G. J. Coles, which have been subject to sharp fluctuations for weeks past. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change ~ _ _ _ £ s. d. Var’n. N.Z.F. Co-op., “A" pref. (cum div.) (35) 6 0 0 N.C. Union Steam, pref. (200) 1 7 6 -1/- £• J - Coles (100, 100, 100) 1 2 8 +l/5 N.Z. Forest Products, .ord (100) 013 0 +Bd Whakatane Board Mills, ord. (100) 17 0Sale* Reported, Listed 3 per cent., May, 195356 (£1000) ..100 7 6 3 per cent., 1862-64 (£1200) .. .. 99 7 6 Springs-Ellesmere Electric Power Board, 3J p.c., 1.2.72. late sale Mon„_ds>' <<!«») .. 100 0 0 - N.Z. Farmers’ Co-op. (Ist pref,), cum div. _, (100) r ..8 5 0 N.C. Fletcher Holdings (200) 117 t - Woolworths, Ltd., cum div. (200) .. 1 1 6 +6d Sales Reported, Unlisted Acetone, ord. (100) .. 110 6 „ , AUCKLAND e 5'X? /5/53 ’ 56 ' 3 Per cent. (£1750), f l°o 7s 6d; 15/12/53-56, 3 per cent. (£250), £lOO 2s 6d; 15/4/60-63, 3 per cent. (£250), £99 17* 6d; 15/6/61-64, 3 per cent. (£2000), £99 12s 6d: 15/7/63-65, 3 per cent. £1300), £99 ss; 15/1/53-57, 3i per cent. (£200), £lOO ss, and (£350), £lOO 7s 6d; Union Steam, pref. (200), 27s 6d; Bonds Hosiery (50),735; A.C.1., rights (100), 19s 6d; Broken Hill Pty. (300), 47s 3d; Colonial Sugar (10), £54 10s; Farmers’ Trading (250), 445; Coles (200), 22s 6d; Geo. Court (200), 54s 6d; K.D.V. Boxes (200), 13s 6d: Forest Products (1250), 13s, and pref. (100) 15s 6d; Toppa Ice (500), 9s; William Cable (300), 365; Wilson’s Cement (100), 22s 2d; Woolworths, N.Z. (200), 29s 6d; Woolworths, Ltd. (485), 21s 6d: Martha (500), 3s 2Jd. Unlisted: Farm Trade, “C" pref., new (50), 255.

WELLINGTON Sales. —Late Monday: N.Z. Motor Bodies unlisted (200), 43s 6d. Yesterday: 3 per cent., 61-63 (£700), £99 7s 6d; 3 per cent., 62-64 (£1200), £99 7s 6d; Gadsden (250), 30s; N.Z. Forest Products, three sales (500), 13s Id, and (100) 13s. Unlisted: Norvic Shoes (200), 14s. After call: Bonds Hosiery (50). 735; Woolworths, Ltd. (300). 21s 6d; Whakatane Board (100), 275. Unlisted: Tekau Knitwear (170), 31s. DUNEDIN

Sale*.—N.Z. Breweries (100), 495; Union Steam Ship, pref. (100), 27s 7d; Huddart Parker, ord. (150), 56s fld. Sale* Reported.—Donaghy’s Rope (100), 635; G. J. Coles (200), 22s 6d; Wilsons (N.Z.) Cement (150), 225. Unlisted: N.Z. Motor Bodies (200), 43s 6d.

OTHER EXCHANGES

SYDNEY A reduced turnover in a dull market on the Sydney Stock Exchange yesterday followed Monday’s decline in the wool price, but leaders remained steady. Sales.—Aust. Paper, 33s 6d, and cont. 20s 6d; Broken Hill Pty, 555. and cont. 33s 6d; Coles, 25s 6d: Anthony Hordern, 24s 7d; A.CJ, 665; Bradford Cotton, 48s,

and new 45s 6d; P'irns Philp, cont, 62s 6d; Colonial Sugar, £63 2s 6d; David Jones. 57s 6d; Drug House*. 475; Dunlop, 46s 3d; Goldsbrough, 51* 6d; - Howard Smith. 32s 6d; Woolworths. 24s 6d; Morts Dock, 24s 9d; PJacer Development, £l3 17s; Oil Search, 3s lid; Mount Morgan. 245; Rawang, 9s 6d.

MELBOURNE The investment market was variable at Melbourne yesterday,*with a slight tendency to firm at the afternoon call. Movements were mostly small. > Sales.—Commercial Bank of Australia, 275; A.N.Z. Bank, 50s; Dalgety, 14s; Ampol, 39s 6d; Australasian Paper, 335; A.C.1., 65s 6d; British Tobacco, 455; Courtaulds. 25s 3d; Drug Houses, 47s 6d; Dunlop, 46s 7d; Feltex, 47s 9d; General Motors, pref, 265; Howard Smith, 32s 6d, Humes, 40s 9d; 1.C.1., 38s 6d; N.Z. Forest. 15s sd; Woolworths, 24s 9d; Electro. Zinc, £5; Broken HUI Pty, 555, and new 33s 6d; New Broken Hill, 34s 3d; Mt. Lyell, 245; Loloma, 30s 6d; Mt. Morgan, 245.

LATEST QUOTATIONS Buyers. £ s. d. Sellers. £ s. d. Banks— A.N.Z. — 2 1 0 Comm, of Aust. .. Natl. of A'asla, 1 3 0 1 4 0 12s 8d 0 19 9 National of N.Z. .. Breweries— — 3 7 6 Ballins, ord. Dominion .. —— 1 11 6 3 16 0 •— New Zealand 2 8 9 — Westland .. Coal— 2 6 0 — Kaitangata 1 6 0 Pukemiro Frozen Meat1 9 0 — Canterbury 23 0 0 . 24 0 0 Pref 8 10 0 N.Z. Refrig.. £1 pd. — 1 19 3 10s paid Southland — 0 19 3 11 6 0 Pref. 3 7 6 GasChristchurch 1 0 4 • •—• 10s paid 0 8 6 —— Timaru Insurance— 0 12 9 0 17 6 F.A.M.E. 1 1 4 —— National —• 1 6 6 South British .. 6 1 0 Standard Loan and Agency— — 4 18 0 C.F.C.A., ord. 0 1 16 6 Pref. 3 6 3 10 0 Chch. Building .. — 24 0 0 Dalgety .. .. 0 11 0 •— Newton King Invincible Bldg. .. 0 11 8 — 5 10 0 Mutual Building .. 19 10 0 Nat. Mortgage "A” Nat. Mort. b B" .. 0 11 2 18 6 0 N.Z. and River Plate 0 8 0 N.Z.F. Co-op., c.d. — 0 15 9 First pref., c.d. .. - "A” nref.. c.d. .. —— 8 5 0 5 19 ft a o 0 41 p.c. Stk„ *60 .. 102 15 0 ■— 4k p.c. Stk.. '55 .. 102 15 0 •— NJ!. Guar. Corpn. 0 2 1 Perm. Invest. 13 10 0 United Bldg. 1 3 9 —• Wright, Stephensor. c.d. 3 17 0 Shipping— Huddart Parker, c.d. P. and O. deferred — 3 0 0 stock 3 8 0 Union, pref. Timber— 1 7 3 — Taupo Totara, x.d. Woollens— — 2 0 6 Bruce _ , • • Felt and Textiles 2 3 0 — of N.Z.. Pt. •• 1 4 9 Kalapoi, 17s paid, x.d. 1 9 6 Korma Tex., pf. .. 1 1 3 Timaru —— 1 7 9 Contr. .. 0 18 6 1 0 0. Wellington, c.d. .. Miscellaneous — — 10 18 6 Acetone, pref. 1 3 7 Aust. CX. rights 0 18 3 1 0 0 Aust. Found Invest., c.d. • • ♦ * 0 7 9 Avon Metal 0 13 5 1 0 0 Beath and Co. .. Booth, Macdonald — 3 2 0 0 3 9 —— Pref. 0 15 0 Brit. Tobacco 1 16 6 Broken H.'.ll Pty. 2 6 10 2 7 9 Contir. Burns. Philp ■ ■ 1 7 10 —— 3 12 0 — Claude Neon, N.Z. 2 13 6 —• Colonial Sugar Consol. Brick Courtaulds, 10s pd. 53 0 0 0 12 0 1 1 6 1 2 9 Dental and Medical 1 14 0 i ■■■ Dorn. Builders 0 14 0 0 15 0 Donaghy's Rope .. D.I.C., 10s pd. .. Dunlop Rubber .. 3 1 2 0 0 0 3 5 2~ 0 0 Dunlop, N.Z. Pref 0 19 10 1*0 3 Electro. Zinc, pref. —- 4 4 6 Fletcher Holdings .. Frozen Prods., c.d. 1'» 1 17 9 —— 1 6 6 G. J. Coles 1 2 9 1 3 0 Greater Crystal .. 1 4 0 1 5 0 Hay’s, Ltd. •— 4 4 6 Henry Berry 1 3 0 1 4 0 Henry Jones I.C.I., A.. N.Z., pf. 3 2 0 1 0 0 1 2 0 - ord., c.d. 1 14 0 1 16 0 J. Gadsden 1 9 6 1 10 3 Pref. 1 4 6 1 4 9 McKenzies 3 10 6 McLeod 2 16 0 2 17 0 K.P. and Co. Mas., Struthers. £1 6 10 1 16 0 — paid, cum div. .. 0 •— 14s pd., cum div. —— 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. Mfrs. —— 0 16 0 National Electric .. 4 10 0 —• N.Z. Forest Prods. 0 12 9 0 13 1 Pref. 0 15 0 —•» N.Z. Paper Mills Quill, Morris (1936), 1 17 6 1 19 0 c.d. 2 17 6 Reid Rubber .. Simpson and Wil0 17 6 1 0 0 liams 3 10 0 Skellerup, pref. .. Tlngev, R, and E., pref. 1 10 6 1 4 3 Turnbull and Jones 2 2 6 'Weeks • • • • Whakatane Board 2 10 0 Mills 1 6 0 1 7 6 Pref., c.d. 1 6 3 — Whit, and Tombs .. —— 1 9 0 Wm. Cable —— 1 16 3 Wilson’s Cement .. W’worths, ord., c.d. 1 1 4 •— 1 1 3 1 1 7 (N.Z.), ord. (N.Z.), props., pf.. — 1 10 0 . c.d. 1 4 9 Overseas Listings— W’worths, S. Africa 1 0 3 1 1 0 UNLISTED STOCKS Buyers. Sellers £ s. d. £ s. d. Amalg. Batteries Andrews and Bea- — 1 7 6 ven, pref. 1 9 0 Ass. Mot. Pet., pf. Beaths (Is pd., 19s 1 12 0 1 14 6 deposit) «— 2 8 0 Canty. Seed (N.Z.) 1 10 0 Korma Textiles .. Mac., Caley, Phoe- — 0 18 0 nix —— 2 1 0 Paid 0 10 9 — Matea Forests Norvic Shoes, 10s 0 3 2 0 3 3 paid 0 13 6 0 14 0 Prudential Build. 1 0 0 Reece, Ltd., E., ord. 0 1 6 —• Pref. 0 13 0 Ross and Glendining Stacey and Haw2 10 0 ker, ord. 2 2 0 Tekau Knitwear .. Victoria Mansions i io 0 1 5 0