COMMERCIAL

Press, Volume LXXXVII, Issue 26515, 1 September 1951, Page 9

COMMERCIAL

STOCK EXCHANGES MARKETS DULL Markets were dull on the Christchurch Stock Exchange yesterday. Dealings were restricted. Buyers were more in evidence in several sections of the market and price levels generally were well maintained. DOMINION TRANSACTIONS CHRISTCHURCH Sales on 'Change

_ £ s. d. Var’n. Whakatane Board Mills, ord. (cum div.) (100; „1W) .. .. 17 6 +6d N.Z. Forest Products, ord. (100) .. .. 013 0 N.C. _ Sales Reported 3 P.C., 1959-61 (£500; £2500) .. .. 99 5 0 South British Insurance (100) .. ..6 3 6 —6d Springs-Ellesmere Electric Power Board, 31 PC., 1/2/74 (£1000) 100 0 0 - Whakatane Board Mills, ord., cum div. (100; 200) 1 7 6 +6d Sales Reported, Unlisted Matea Forests (late sale Thursday) (300) .. 0 3 3 N.C. Norvic Shoes, 10s pd. (100) .. .. 014 0 N.C. AUCKLAND Sales.—l/8/51-54, 3 per cent. (£1000), £99.17s 6d; 15/9/52-55, 3 per cent. (£200), £101;. 15/12/53-56 . 3 per cent. (£200), £lOO 2s 6d and (£1100), £lOO ss; 15/4/5659, 3 per cent. (£300), £lOO 7s 6d; 15/6/6164. 3 per cent. (£2000), £99 12s 6d; South British (100), £6 3s 6d; North Auckland Farm. “B,’“ pref, (100), 21s 6d; B.H. Pty. (100), 475; Colonial Sugar, new (.2). £52 ss; Dunlop, N.Z., pref. (300), 20s Id; Farmers’ Trading (100). 445; Fletchers (400), 38s, and, new (100), 37s 7d; Coles (300), 225; K.D.V. Boxes (1400), 13s 6d; McKenzies (62). 71s; Farmers’ Fertiliser (500), 41s 3d; Forest Products (200), 12s Bd, and, pref. (200), 15s 6d; Toppa Ice (1000), 9s 9d; Whakatane Board (300), 275, and, pref (100), 265; Arahura Gold (200). 16s; Placer Development (25), £l2 10s. Unlisted: McKendrick, Whangarei, pref. (100), 22s 6d. WELLINGTON , Ba l * ls '—Yesterday: 3 per cent., 51-54 (£1000), £99 17s fid; 3 per cent., Dec., 53-56 (£200), £lOO 2s 6d; Dominion Breweries, new (100), 765; P. and O. def oi ock ' ex <^o). 68s; Dominion Fert. (133), 375; Fletchers, old (300), 38s; N.Z. Farmers' Fert. (300). 41s 3d; N.Z. Forest Products, 2 sales (400), 12s 91d; (300), pref. 15s 6d; and (300), 15s 7d. After call: 3 h^ s (200) ' 38s: N - z - Farmers’ Fert. (200), 41S. DUNEDIN Sales.—G. J Coles (100), 225; N.Z. Forest Jm£ UC A s ’ cJ d \,! 300) ' 12s 10d: and ’ Pref. Lli ’» lss 6d: Woolworths. N.Z. (400), 29s ? d A^ Rc P° ned: Ballins Brewery, pref. inn!’ ?s S ’«h N 'k' Forest Products, pref. 7s°9d 15S 6d ’ Northern Steamship (300),

LATEST QUOTATIONS N.Z. GovernmentBuyers. £ s. d. Sellers. £ s. d. al P.c., War Loan, 1/10/53 99 10 o 2J p.c. Ins., 15/8/54 3 p.c. Ins., 1/8/51 97 15 0 — 54 99 10 0 3 P.c. Ins., 15/9/52-55 3 p.c. Ins., 15/2/53100 15 0 — 58 100 2 6 3 p.c. Ins., 15/2/5558 ,, 11 99 10 0 3 g p.c. Ins.. 15/8/593 p.c. Ins., 15/4/8099 5 0 — 63 — 100 2 6 3 p.c. Ins., 15/7/6264 99 5 0 31 p.c. Ins., 22/5/60 Banks— 103 15 0 A.N.Z 2 0 0 Comm, of Aust. .. Nat. of A’asia., 1 3 0 12s 6d pd. Nat. of Nlz. — 0 3 19 8 6 o Breweries— Baltins, ord. - 1 11 6 Pref. I 2 6 1 3 3 Dominion 3 16 0 New Zealand Coal— 2 t 9 6 2 9 9 Kaltangata 1 7 a Pukemiro Frozen Meat1 9 0 — Canterbury —— 24 0 0 N.Z. Refrig., £1 pd. —— 1 19 0 Southland Gas— — 3 11 0 Christchurch .. __ 1 1 0 10s paid ., 0 8 6 0 9 0 Timaru .. Insurance— 0 13 9 0 17 6 F.A.M.E. 1 1 4 — National 1 5 4 1 6 6 South British Loan and Agency— 6 3 6 C.F.C.A., ord. 1 16 0 Pref. — 3 10 0 Ch.Ch. Building .. 21 0 0 24 0 0 Dalgety 0 11 6 0 12 6 .Newton King 0 11 3 Mutual Benefit 19 10 0 Nat. Mortgage, “A” aw 0 11 5 "B” a— 2 16 0 N.Z.F. Co-op., c.d. 0 15 3 First pref., c.d. .. aaa 8 5 0 "A” pief., c.d. .. 5 19 0 "B” pref., c.d. .. 5 19 0 aw 41 p.c. Stk., *60 103 0 0 aw 4J p.c. Stk., '55 103 0 0 wa N.Z. Guar. Corpn. 0 2 1 aw United Building .. Shipping— 1 3 9 — Devonport Ferry .. 1 10 9 1 14 9 N.Z., pref. 10 15 0 —. Union, pref. Timber— — 1 7 9 Taupo Totara .. Woollens— * — 2 0 6 Bruce Felt and Textiles 2 3 8 — of N.Z., pref. .. Kaiapoi, 17s pd. .. 1 4 9 — 1 8 8 1 9 8 Korma Text., pref. 1 1 3 aw Timaru a—. 1 7 8 Wellington Miscellaneous— — 10 18 6 A.C.I., rights Aust. CI. 0 18 0 .W —— 2 18 0 Avon Metal 0 13 9 0 19 3 Beath and Co. II 3 2 0 Booth Macdonald 0 3 9 aaa Bulleid. John 0 14 9 MW Burns, Philp Claude Neon, N.Z. 3 11 0 aw 2 13 6 aw Colonial Sugar 51 10 0 w. Courtaulds, 10s pd. -w 1 2 6 Dom. Builders aw 0 15 0 Dom. Fertiliser aw 1 18 0 Donaghy’s Rope .. 3 1 0 3 5 0 D.I.C., 10s pd. .. 2 0 0 aa. Dunlop Rubber, c,d. — 2 1 0 Dunlop, N.Z. Pref — 1 1 1 0 0 0 Electro. Zinc, pref. —-a 4 4 0 Frozen Prod., c.d. 1 6 6 G. J. Coles 1 2 0 1 2 3 Greater Crystal .. a aaa ,1 5 0 Hadfields 1 1 6 1 7 6 Henry Berry 1 3 0 MW Henry Jones I.C.I., Aust, and — 3 2 0 N.Z., pref. I.C I. Aust, and — 1 2 0 N.Z., ord., c.d. .. J. Gadsden, pref. 1 13 0 1 16 0 1 4 6 — J. J. Niven 2 15 0 —w McKenzies 3 11 0 aw McLeod 2 16 0 aaa K.P. and Co. Mason. Struthers. 6 10 0 — 14s pd., ex. div. — 1 5 0 10s pr„ ex. div. — 0 17 9 Midland Mot., pref. Milburn Lime, c.d. 1 1 9 — (contr.) —— 0 13 0 M.K. Manufac. — 0 16 0 National Electric ., 4 10 0 w. N.Z.F. Fertiliser .. —— 2 1 6 N.Z. Forest Prod. 0 12 9 0 13 0 Pref. 0 15 0 19 N.Z. Paper Mills .. Quill Morris (1936), 1 17 6 1 0 x.d. 2 16 6 — Radio (1936) 0 17 0 0 18 0 Reid Rubber Simpson and Wil0 17 9 — liams 3 10 0 3 15 0 Skellerup. pref. .. — 1 4 0 Turnbull and Jones Whakatane, pref.. — 2 2 6 x.d. • • Whakatane Board 1 5 9 — Mills, c.d. 1 7 6 1 7 9 Whit and Tombs .. — 1 9 0 Wm. Cable — 1 16 0 W’worths., ord., c.d. 1 0 9 1 1 2 (N.Z.), ord. N.Z. Properties, — 1 9 8 pref., c.d. W R. Cooke and — 1 4 9 Son .. .. 8 0 — Oveiseas Listings— W’worths (S.A.) .. Aust. Mining— i 0 0 - Mount Lyell 1 0 4 •— Mount Morgan, c.d. Mining1 0 6 1 6 Grey River 0 2 6 0 3 9 Kanieri — 0 9 6 UNLISTED STOCKS Andrews and Beav., pref. 1 5 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 wa Korma Textiles •. 0 16 9 John Chambers .. 'Lane, Walker, Rud1 16 6 kin, cd. Mackintosh. Caley, 3 6 0 — Phoenix w» 2 1 0 Matea Forests 0 3 2 0 3 4 Norvic Shoes. 10s paid 0 13 9 0 14 3 National Tobacco a 1 14 0 Prudential Build. 0 0 —— Reece, Ltd., E., ord. 0 2 0 —— Reece, Ltd., E„ pf. Ross and Glen0 13 0 — dining — 2 10 0 Victoria Mansions Vigilant Automatic 1 5 0 — Fire Alarm 0 7 6 0 14 0