COMMERCIAL

Press, Volume LXXXVII, Issue 26529, 18 September 1951, Page 9

COMMERCIAL

STOCK EXCHANGES

MARKETS QUIET

° P i? n i? ? n a 9 uiet note on dav n. i wi71 Urch Stock Change yester--2f y ~ n S u^ ne , ss was restricted and prices of most stocks held around recent levels.

DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change

Woolworths, Ltd. (cum £ *’ d ‘ Varn div.) (200) .. 1 0 0 N.C.

. KT _ _ , Sales Reported ;;; 3 6 J. J Niven (200) .. 217 6 NC Woo i* o f^’ n „Ltd. (cum 6 NC ’ div.) (100) .. 1 0 9 N.C. „ , AUCKLAND fiM’sl'ta/o/w"™' per cent ’ <«1250). <rinnn>' L 5(^ 5 ?' s f’ 3 per oent - cum int. £i22? ,, /,i2 I 75/5/53-56, 3 per cent. 15/2/65-58, 3 per -ent. £^,i 7s . Bd; 15/4/58-59, 3 per cent. wn 1 ? 00 ,’;^ 1 ; 00 6d; 15/7/61-63, 3 per p “Jt. £ " 5s l 15/7/63-65. 3 per ■hn?ir ni??® 7s ® d; Auckland Harl??«s , ’^? /7/88, » <1 per cent - (£300). si°? *2? Comm. Bank Aust., pref. (45), £8 8s 6d; Natl. Bank N.Z. (50), 635; A.CI., 16 2’.5 nd J 143) ’ l fls Id: Colonial ® 83 ’ F °rest Products (643). 13s 4d; Reid Rubber, pref. (200), 22s 9d; ZI P «,?. p , (s°o). 255; Toppa Ice (200), 9s S 3?, Whakatane Board, pref. (100), 255; Wilsons Cement (200), Els 9d; Woolworths Ltd. (1000), 20s 9d; Kanieri (500), 9s. Unlisted: Matea Forests (1000), 3s 6d; Maple Holdings (75), 49b; McKendrick (Wnangarei), pref, (loo), 22s 6d; Ross and Glendming (100), 525. .WELLINGTON Sales.—Late Friday; 3 per cent., 1961-64 (£1000), £99 12s 6d; Rotoltl (200), 17s 6d; Whakatane, ord. cum (300), 26s 9d. Yesterday: 3 per cent., . December, 1953-56 (£700), £lOO 7s 6d; 3 per cent., 1957-60, 2 sales (£1600), £lOO 2s 6d; 31 per cent., 1957-60 (£1500), £lOO ss; Aust. Con. Industries, rights (18), 16s; Aust. Con. Industries, rights, 5 sales (66), 16s 6d; G. J. Coles (450). 21s lOd; J. Gadsden, pref. (200), 255; N.Z. Forest Products, pref. <400), 15s 6d; Woolworths, Ltd., cum (387), 21s. Unlisted: Matea Forests (300), 3s 6d; Ross and Glendlnlng, 2 sales (100). 53sAfter call: 3 per cent., 1957-60 (£600), £lOO 2s 6d; Tip Top. ord. (500), 255. DUNEDIN Sales.—Ross and Glendlnlng (100), unlisted, 52s 6d. Reported: 3 per cent., 1951-54 (£1300), late, £lOO 2s 6d; 3 per cent., May, 1953-56 (£1000), £lOO 12s 6d; 3 per cent., 1956-59 (£1000), £lOO 12s 6d: E„ S„ and A. Bank (78), £6 ss; New Zealand Breweries (200), late, 51s 9d; Korma Textiles, pref. (200). 21s; N.Z. Forest Products, pref. (500), 15s 6d. Unlisted: Ross and Glendlnlng (200), 51s 6d. INVERCARGILL Sales Reported.— National Bank of Aus. (200), 30s; Forest Products, pref. (130), 15s

OTHER EXCHANGES

SYDNEY Mott leading Industrials yesterday maintained the improved tone evident towards the elose of last week. ■ales.—Anthony Hordern, Ms td: Aust. Paper, Ms 7jd; and contributing, job; A,CI.. 60s. and rights, lea: 8.H.P., Ms. and contributing, 38s ijd; Electro. Zinc. £5. and pref., Bes; coles, 24s told; Goldsbrough, 60s 6d; 368: Bertel, 70s; Bradford Cetton. Ms 9d, and new, Ms 9d; British Tobacco, 41s 6d; Colonial Sugar, £9l 2s 6a, and contributing, £37 ss: Drug Houses, 48s 9d: Felten. 44s 9d; Lustre, Ms 9d; New Zealand Forest, 19s W;Wool10s id.

MELBOURNE The volume of sales on the investment market was very small at Melbourne yesterday. Movements were few, but some 33s: A.C.1.. 53s m and rights, Its 9d; Bradford Cotton, ISs- British Tobacco, 41s 6d; Courtaulds, 33S* 4d; Drug Houses, 48s 3d; Dunlop, 475; new. 32s 6d; broken Hill South, 73s 6d, North Broken Hill. £8; Mount Isa, 61s, Mount Lyell, 23s 3d: Mount Morgan, 23s igri; Oil Search, 3s lid.

LATEST QUOTATIONS Buyers. Sellers £ s. d. £ s Bank,s— A.N.Z. — 1 18 V National,of N.Z. .. 3 2 0 3 6 0 N.S.W. — 41 0 0 Breweries— Ballins, ord. .. —— 1 11 3 New Zealand 2 11 3 2 12 0 Carlton 2 1 0 — Queensland — 1 16 0 westland 2 6 0 — Coal— Kaitangata 19 6 — Frozen MeatCanterbury —— 23 15 0 Pref. —• 8 7 6 N.Z. Refrig., 10s paid —- 0 19 3 Southland —— 3 11 0 GasChristchurch, 10s paid 0 9 0 —— Tlmaru — 0 17 6 Insurance— F.A.M.E. 1 1 4 — South British — 6 5 0 Loan and Agency— C.F.C.A., ord. ■ 1 15 6 Chch. Bldg. 21 0 0 23 10 0 Dalgety Invinc. Bldg. 0 12 1 0 12 5 10 9 0 Mutual Benefit 19 12 6 — Nat. Mortgage *'B" —• 2 16 0 N.Z.F Co-op., x.d. First pref., x.d. —— 0 15 0 KB 7 15 0 41 p.c. Stk.. '«0 .. 103 0 0 4J p.c. Stk.. '35 .. 103 0 0 N.Z. Guar. Corpn. 0 2 2 a* Perm. Invest. 13 10 0 k> United Bldg., c.d. 1 3 9 BK Shipping— P and O., deferred stock .. 3 6 0 — Union, pref. KB 1 8 0 Timber— Taupo Totara 2 0 6 Woollens— Bruce 2 4 6 K> Kaianoi, 17s pd. .. 1 8 0 1 8 6 Mosgiel .. 2 IS 0 —— Timaru .. K 1 7 6 Wellington —— 10 13 6 Miscellaneous— A.C.I., rights —* 0 16 6 , Aust. CI. .. 2 10 0 2 16 0 Avon Meta] 0 14 0 0 19 0 Begg and Co. Booth, Macdonald 2 2 0 0 4 3 — Pref -K 0 15 9 Broken Hill Pty. 2 5 0 KB Claude Neon N.Z. 2 14 0 — Colonial Sugar 62 17 6 — Consolidated Brick — 0 12 0 Courtaulds, 10s pd. —— 1 1 0 Dom. Builders, rts. ’ 0 1 0 — Donaghy’s Rope .. D.I.C., 10s pd. 2 *0 3 3 5 0 Dunlop Rubber .. — 2 1 0 Dunlop, N Z. 1 0 0 Pref K» 1 0 3 Electro. Zinc, ord. — 4 10 0 Pref K» 4 4 0 Evans Atlas, rts. .. 0 3 6 0 4 6 Frozen Prods., c.d. 1 4 3 1 5 3 G. J. Coles .. 1 1 11 Greater Crystal — 1 4 6 Hallensteln Bros. 1 14 6 •B— Henry Berry 1 3 6 — Henry Jones — 3 1 0 Humes, c.d. 1 14 6 —— IC.I. A., N.Z., ord. «K 1 12 0 J. Gadsden, pref. 1 4 6 B— J. J. Niven KB 2 17 6 McKenzies 3 12 6 McLeod — 2 18 6 Mas., Struthers, 14s paid «— 1 4 0 10s paid 0 17 3 Midland Mot., pref. 1 2 0 Milburn Lime, contr. —— 0 13 0 M K. Manufac. — 0 16 0 National Electric .. 4 10 0 —-- New Colosseum 2 6 0 •— N.Z. Forest Prods. 0 13 3 0 13 0 Pref. N.Z. Paper Mills .. 0 15 0 — 1 17 6 Reid Rubber — 1 0 0 Paton and Baldwin 1 10 0 Silknit Simpson and Wil- —• 1 12 6 liams K» a u Skellerup, pf., x.d. Whakatane Board —* 1 3 9 Mills Whit, and Tombs —“ 1 7 — 1 9 0 Wm. Cable 1 16 0 <aw Wilsons Cement .. •K 1 2 3 W’worths, ord., C.d. 1 2 ? 1 0 11 (N.Z). ord. .. W. R. Cook & Son 1 9 3 1 9 0 8 0 — Overseas Listings— W’worths. (S.A.) .. 1 0 0 1 1 u UNLISTED STOCKS Buyers. Sellers £ s. d. £ s. d. Amalg. Batteries .. 1 5 6 1 7 6 Andrews and Beaven, pref. 15 0 Acetone ■■ Beaths. Is pd., 19s 1 10 6 deposit . .. 2 6 0 2 8 0 canty, sedb (N.Z.) Korma Textiles 1 10 0 — «K 0 17 3 Lane, Walker, Rudkin i . • Mac., Caley, Phoe370 — nix — 2 1 0 Paid 0 10 9 —— Norvic Shoes, 10s paid a* 0 13 11 National Tobacco .. —— 1 14 0 Prudential Bldg. .. Reece Ltd., E„ ord., 10 0 x.d 0 16 •k Pref., x.d. 0 13 4 •MB Tingey, R. and E„ ord. 0 16 3 — Hoss and Glendlning, x.d. 2 11 0 — Smith, Wylie 15 0 — Victoria Mansions 15 0 — Tekau Knitwear .. —— 111 3