COMMERCIAL

Press, Volume LXXXVII, Issue 26524, 12 September 1951, Page 9

COMMERCIAL

STOCK EXCHANGES

MARKETS ACTIVE * Markets were active on the Christ- ti church Stock Exchange yesterday, and a tl good volume of diversified business was I put through. Price gains outnumbered b losses. si

AUCKLAND £ Sales.—ls/11/57-60. 3 per cent. (£710), „ £100; National Insurance (300), 23s 9d: 0 South British (50), £6 4s 6d and (50), £6 ‘ 4s 9d; Mercantile Mutual, rts. (205), 26s ■ 6d; N.Z. Guarantee (900), 2s 2d; North I Auck. Farmers (100), 22s 6d; Korma, pref. ‘ (200), 21s; Entrican Sims (900), 3s; A.C.1., 8 rts. (200), 17s 3d; B.H. Pty. (200), 45s 3d; , Consol Brick (200), Ils; Farm. Trading, 1 "C” pref. (200), 25s 3d; Marrlckville Hold- f ings (500), 33s 10‘,'ad; Forest Products F (200), 13s 2d: Sharland (50), 595, and (50), 1 60s; Whakatane Board, pref. (100), 265: ? William Cable (100), 36s 9d; Woolworths, N.Z. (100), 29s 6d; Woolworths, Ltd. (500), r 20s 9d; Placer Dev. (75), £l2 10s. Un- 8 listed: Alex Harvey (100), 58s; Mates , Forests (500). 3s 3d. ~ WELLINGTON r Bales.—Late Monday: 3 per cent., 57-60 c (£710), £100; 3 per cent.. 57-60 (£500), I £lOO 2s 6d; N.Z. Insurance. 2 sales (150), I £6 9s 6d; North Auck. Farmers, “B” pref., t ex (300), 225. Yesterday; 214 per eent., j 1/10/53 (£200), £99 15s; 3 per cent., 63- 5 65 (£1200), £99 7s 6d; Nelson C.C.. 31 1 per cent.. 1/7/79 (£300), £9B; Aust. Con. s Indust., rts.. 4 sales (105), 16s 6d; Fletchers (100), 38s 9d; J. J. Niven, 2 sales (2001, < 57s 3d; Turnbull and Jones (200). 425; ( Whakatane. pref. (100), 265; Woolworths, 1 Ltd, 2 sales (200), 20s 6d. Unlisted: Ross 1 and Glen. (100), 52s 9d; Tekau (210), 31s. i After call: 3 per cent., 55-58 (£1000), £99 1 17s 6d; N.Z. Breweries (TOO), 51s 6d; 1 Fletcher, new (100), 38s 3d. I DUNEDIN Sales. —N.Z. Forest Products, ord. (200), 13s; 3 per cent., 1957-60 (£260). £100; Southland Frozen Meat. ord. (100), 68s; Mosgiel Woollen (50), 595; Dunlop, N.Z , pref (200), 20s. Sales Reported.—Bruce Woollen, ord. (325). 455, and (100), 455. INVERCARGILL Sale Reported.—Southland Frozen Meat (50), (Ws 9d.

OTHER EXCHANGES SYDNEY Falls continued over a wide range of shares in heavier trading on the Sydney Stock Exchange yesterday. Sales.—Bank Adelaide, 50s; National Bank, 365. and contributing, 21s 3d; Aus. Paper, 325, and contributing, 20s; A.C I--36s 6d. and rights. 17s Hid; 8.H.P., 51s 9d, and contributing, 31s; Feltex, 435; Coles, 24s 9d; 1.C.1., 355; Anthony Hordern, 24s 6d, and pref., 25s 6d; Berlei, 70s; British Tobacco. 40s 3d; Colonial Sugar, £6O 7s 6d; David Jones. 45s 6d; Drug Houses, 49s 9d; Dunlop, 46s 6d; Goldsbrough, 51s; Hadfields Steel, 345; Henry Jones, 70s; Kandos, 50s; Woolworths, 23s 6d; Wilcox Mofflin, 8s 9d: New Broken Hill, 35s 6d; Broken Hill South, 74s 3d; Placer Dev., £l6 17s; Oil Search. 3s lid; Kuala Kampar, 47s 3d. MELBOURNE The Investment market continued to decline on the Melbourne Stock Exchange yesterday, and falls exceeded rises by a large majority. Sales.— Commercial Bank Australia. 25s 6d; Goldsbrough, 51s 6d; Ampol, 37s 3d; A’asian Paper, new. 20s; Bradford. 44s 9d; British Tobacco, 40s 6d; Courtaulds, 23s 9d; Dunlop, 47s 3d; Coles, 24s 9d; Gordon and Gotch, 27s 6d; Herald, 16s 9d; Humes, 41s 6d, and new, 40s 6d; I.C l„ 355; N.Z. Forest, pref., 18s 6d; Electro Zinc, £5 2s, and pref., 955; Broken Hill Pty., 525, and new. 30s 9d; Broken Hill South, 73s Rd; North Broken Hill. 92s 6d; Mount Isa, 595; Mount Lyell, 23s 9d; A.G.D. £45; Mount Morgan, 23< 6d. LONDON Broken Hill North, 74a 6d; Broken Hill South, 60s 6d; 8.H.P., 435; Con. Zinc, 355; New Guinea, 2s Olid

DOMINION TRANSACTIONS Sales on 'Change £ s. d. Var'n. N.Z. Breweries (50, 50) 2 11 3 4-3d National Insurance (200) 1 6 0 4-3d Korma Textiles, pf. (100) J. Gadsden, ord., cum 1 1 3 -Id div. (100) 1 10 0 N.C. McKenzies (100, 100) .. Woolworths. N.Z., crrd. 3 13 0 N.C. (100) 1 9 8 N.C. Sales on 'Change, Unlisted Ross and Glendining, cum div. (100, 100) 2 12 6 4-1/-Sales Reported 3 P.C.. 1035-58 (£1000) N.Z. Insurance (100) 100 0 0 6 10 0 4-6/-N.Z.F. Co-op., cum div. (100) 0 15 0 N.C. Korma Textiles, pref. (200) 1 1 3 -Id G. J. Coles (200) Woolworths, Ltd., cum div., late sale Monday (100) T 2 0 N.C. 1 0 9 -6d Woolworths, N.Z.', ord. (100) 1 9 6 N.C. N.Z. Breweries (100) 2 11 6 4-6d

LATEST quotations Buyers. £ s. d. Sellers. £ S. 4 1. Banks— A.N.Z. 1 17 - 6 1 19 6 Comm, of Aust. .. — 1 2 6 Pref. —— 8 15 0 National of N.Z. .. 3- 1 0 3 5 0 NSW Breweries — —’ 41 10 1 'll 0 Ballins, ord. .. 6 New Zealand .. 2 11 3 2 12 0 Queensland • • Coal— — 1 18 0 Kaitangata 1 12 0 Pukemiro Frozen Meat— 1 8 6 Canterbury T 23 17 5 Pref. N.Z. Refrigerating, — 8 10 0 10s paid 0 19 2 Southland Gas3 7 0 3 10 0 Christchurch 1 0 6 10s paid • • i 0 9 0 0 9 9 Tlmaru Insurance— — 0 17 . 6 F.A.M.E. 1 1 5 National 1 5 1 1 6 0 New Zealand 6 9 0 6 10 0 South British Loan and Agency— — 6 6 0 C.F.C.A., ord. — 1 15 6 Chch Building .. 21 0 0 Dalgety 0 11 9 “““ Newton King 0 12 0 Pref. 1 4 0 Invincible Bldg. .. Mutual Benefit 19 10 0 5 10 0 Nat. Mortgage "A “B” 0 11 2 16 6 0 N.Z.F. Co-op., c.d. — 0 15 3 First pref., c.d. .. —— 8 5 0 Z 41 p.0 Stk., ’60 ..103 0 0 4i p.c Stk., ’55 .. 103 0 0 N.Z. Guar. Corpn. 0 2 1 — United Building .. Shipping— 1 3 9 N.Z.. pref. 11 o 0 Union, pref. 1 8 0 - Timber— 2 0 Taupo Totara Woollens— — 6 Bruce j • • 2 4 0 Kaiapoi, 17s pd. .. —— 1 8 9 Korma Tex., pf. 1 1 2 1 1 4 Manawatu 2 17 6 Timaru —• 1 7 6 ' Wellington, x.d. .. — 10 13 6 Miscellaneous— A.O.I., rights Aust. C.l. • •• 0 18 2 17 0 0 Avon Metal 0 14 0 1 0 0 Beath and Co., c.d. 3 0 0 — Booth, Macdonald 0 4 3 — ! Pref. —— 0 16 0 Brit. Tobacco — 1 17 9 Broken Hill Pty. .. 2 5 0 2 6 0 Claude Neon, N.Z. 2 13 6 —— Colonial Sugar 51 5 0 52 15 0 Consolidated Brick — 0 12 0 Dorn. Builders 0 14 0 Donaghy's Rope .. 3 1 0 3 5 0 D.I.C.. 10s paid .. 2 0 0 Dunlop Rub., x.d. <—» 2 1 0 Electro. Zinc, ord. 4 10 0 Pref. Evans Atlas, rights 0 3 9 4 4 0 5 0 0 Frozen Prods., c.d. —• 1 5 6 G. J. Coles 1 1 7 1 2 0 Greater Crystal .. 1 4 Henry Berry Hay's, Ltd., c.d. 1 4 and b. 4 4 0 Henry Jones Humes 1 14 0 3 2 1 18 0 0 I.C.I. A. N.Z., pf. 1 0 6 Ord., x.d. —— 1 15 0 J. Gadsden 1 10 0 — Pref. •• J. J. Niven .. 1 4 2 16 6 0 2 17 6 McKenzies 3 12 6 3 13 3 McLeod 2 16 0 — Mas. Struthers, 14s paid 10s paid 1 4 0 17 6 Midland Mot., pref. 1 2 0 Milburn Lime, con., x d 0 13 0 M.K. Mfrs. — 0 16 0 National Electric .. 4 10 0 New Coloseum 2 2 0 2 9 6 N.Z. Forest Prods. 0 13 1 0 13 3 Pref. N.Z. Paper Mills .. 0 15 1 17 3 6 1 18 9 Reid Rubber 0 18 1 0 19 6 Sharland Silknit 2 16 1 9 6 6 1 12 6 Simpson and Williams Skellerup. pf., c.d. 1 Turnbull and Jones - 3 14 1 4 0 2 2 1 I Whakatane Board 1 7 0 Mills ' Pref. m • Whit, and Tombs — 1 • 1 6 1 9 3 0 i Wilcox, Moffiin, c.d.. W’worths, ord., c.d. 1 0 (N.Z.). ord. •• 19 ~4 5 0 8 1 0 1 9 9 7 W. R- Cooke and | Son, cum 0 8 0

1 Buyers. £ s. d.' Sellers. £ s. d. Overseas Listings— W'worths, S. Africa — 110 UNLISTED STOCKS Amalg. Batteries 1 J 0 17 6 Acetone 1 ID 6 —• Andrews and Heaven. pref. 15 0 —• Ass Mot. Pet.. pL 1 14 6 Belvedere Maisonette > 0 16 0 0 19 6 Belvedere Maisonette, pref. 12 6 Beaths, Is paid, IBs on deposit 2 5 6 2 8 0 Canty Seed. N.Z. 1 10 0 —- Korma Textiles .. 0 17 2 Lane. Walker, Rudkin, x.d. 3 7 0 Mackintosh, Caley, Phoe'nix 2 1 0 Paid 0 10 9 w Matea Forests 0 3 2