COMMERCIAL

Press, Volume LXXXVII, Issue 26538, 28 September 1951, Page 9

COMMERCIAL

STOCK EXCHANGES

markets quiet St“k k Tv^ qulet ? n the Christchurch pr ‘-

dominion transactions CHRISTCHURCH Sales on ’Change

„ , AUCKLAND .c 8 * 1 ?.’^ 1 ; 10 ’ 53 - 24 P er cent - (£1530). £99 15s; 15/12/53-56, 3 per cent. (£200), £lOO I s 6 £ ; 15/7/82-64, 3 per cent (£2000). £99 7s 6d; Mount Albert 8.C., 1/7/64, 41 per SJTV^ 00 ’* £ll ° l° s : South British (25). m 6 n 1 8 , d: J 75)1 £6 9s 6d * » n< l (400). £6 l° s: J? F «s 3<i. and (100), 45s 6d; Colonial Sugar (5), £5l; Milne and E ho ? c , e .’J? rd ’- (108), £6 2s 6d, and, first P_ ref .; (ISO), £6 2s 6d; Forest Prods. (400), 13s sd; Toppa Ice (100), 9s 3d; Placer Development (100), £l5. WELLINGTON Sales.—Late Wednesday: South British Insurance, cum (50). £6 9s 3d. Yesterday. 4>rnn r c ent -. May, 53-56, 2 sales (£1000), £l 00 J 0s: Korma, pref. (100), 21s; ElecP re . £ - 2 sales <2oo) ' 81 s : N.Z. Asa?. ucts - ordinary (304), 13s 4d; wnrJ. 600 T ) « Pr^A. 2 Sa ’ eS ' 15S M ; W°ol--n hS oo Lt nj 2ls; Woolworths, N.Z. 28s o 9d '< Unlisted: Ross and Glent>2 l ales (150), 525. After call: Frozen Products, cum div. (100), 24s 6d. o . „ x DUNEDIN m “ ale ’-—National Insurance (100), 26s 9d; Products, ord. (200), 13s 4d; <Tnm n„ hs ’A td - (166) ’ 20s : Mourtt. Lyell (100), 20s 4d. Reported: South Otago i2iv> e > Zln w £7 25 6d; Wool worths. Ltd. /iaa' 20s J 3 P er cent.. 1960-63 (£200), £lOO, and, 1963-64 (£800), £99 7s 6d; 4 steam n k.l 952 - 55 (£63°). £lOl ss; Union wm p», St } l &A. pref - ' 2 O). 27s 6d; Broken WR? <loo b 45s 3d; Uunlop, N.Z. (350), Waai ! 2®° n Malt Extract (100), 34s 9d; Natikn»r th r S Pr ° P " NZ " pref ' (800) - 245; (300) 26s I 9d Ura ' ICe <3oo) ' 26S 6dl and

OTHER EXCHANGES SYDNEY Surprising steadiness, with falls just shading rises, was the reaction on the Svdney Stock Exchange yesterday to the Federal Budget. Sales.—Aust. Paper. 2s 9d; Bradford Cotton. 44s 6d; Colonial Sugar, £57 2s 6d, and, contributing, £3® 12s 6d; Feltox. 43s 9d; Coles, 23s 4jd: 1.C.1., 32s 9d, A.W.A.. 395; British Tobacco. 41s: 8.H.P., 51s 9d. and, contributing, 30s 6d; Burns. PhiJn, 77s* David Jobes, 455; Drug Houses. 4js 9d*' Goidsbrough, 495; Woolworths, 22s 3d; Placer Development, £lB 4s. LONDON Broken Hill South, 60s 6d; Broken Hill Pty.. 41s; New Broken Hill, 30s; Mount Lvell 19s 3d; Mount Isa, 49s 9d; New Guinea Goldfields. Is IQjd. MINING Rimu Dredge.—The Rimu Gold Dredging Company, Ltd.’s, return for the cleanup period, September 11 to September 25, was 578 ounces from 104.000 yards In 251 hours. . .

and Co. (183) Union Steam, pref. (200) Paton and Baldwin (100) £ 2 1 1 s d. 2 6 7 6 10 0 Var’n. -3d N.C. N.C. . _ Sales Reported May ' 1953-56 (£500) 100 10 0 3 per cent. Stock, 1953.37 (£625) Wairere Elec. Power Bd 100 10 0 *1 Per cent., 1/12/62 (£200) Nelson city, 41 p'c„ 1/10/56, late sale Wed. 109 10 0 „ < £40 0> : «200) 106 0 0 N ' Z '£‘, Co-op. (4J p.c.. Stk., I960), late sale Wednesday (£200) .. Union Steam, pref. 103 5 0 — (1500 J .. .. 1 7 6 N.C. Aust. Consol. Industries, rights (62) 0 14 3 -1/9 Woolworths, N.Z., ord (400) 1 & 9 N.C.

latest quotations Buyers. Sellers. Banks— £ s. d. £ s. d. Aust, and N.Z. .. Comm, of Aust 2 0 1 2 0 1 — Natl, of N.Z. N.S.W. .. .. Breweries— 3 5 40 7 0 6 Ballins, ord. 1 11 0 Carlton New Zealand 2 ~0 0 2 11 o Westland, c.d. Coal— 2 6 0 Kaitangata 1 13 3 Pukemiro, c:d. Frozen Meat1 8 6 — Canterbury —— 23 10 0 Pref. 7 1? 6 8 5 0 N.Z. Refrig., £1 pd. 1 19 3 10s paid 0 18 9 0 19 o Southland 3 9 Q Gas— Christchurch .. 1 1 9 10s paid 0 9 0 Timaru 0 14 0 0 17 6 Insurance— FA.M.E. 1 1 0 National Loan and Agency— 1 6 6 1 ~7 6 C.F.C.A.. ord. 1 15 0 Chch. Bldg. 21 10 0 Dalgety 0 11 9 0 12 6 Invincible Bldg. .. 5 10 0 Mutual Benefit 19 10 0 Nat. Mortgage "A” 0 10 0 0 11 0 B N.Z.F. Co-op. .. —— 2 16 0 — 0 15 0 1st pref. 7 12 6 4} p.c. Stk., ’80 .. 103 5 0 _—- 4J p.c. Stk., '55 .. 103 5 0 N.Z. Gur. Corpn. 0 2 2 Perm. Invest. 13 10 0 -— Trustees Executors Shipping1 3 7 — Union, pref. Timber— — 1 7 9 Taupo Totara Woollens— — 2 0 6 Bruce .. 2 4 6 —— Feltex, N.Z. 2 0 0 Pref., c.d. 1 5 0 — ■ Kaiapoi, 17s pd. .. 1 8 1 1 8 6 Pref —— 1 8 6 Korma Tex., pref. 1 1 1 Timaru Wellington .. 1 7 6 —— 10 12 6 Miscellaneous— Aust. CJ. 2 10 0 —— Rights .. Avon Metal, c.d. .. 0 13 9 0 14 0 1 1 0 Begg and Co. 2 2 0 *— Berlei (N.Z.) 1 14 8 Booth Macdonald .. 0 4 6 Pref 0 15 6 Brit. Tobacco 1 14 6 1 16 9 Broken Hill Pty. .. 2 5 0 M— Coloniar Sugar .. 50 15 0 — Courtaulds, 10s pd. 0 19 6 —— Dorn. Builders —— 0 13 6 Rights 0 1 3 0 1 6 Donaghy's Rope .. 3 2 6 3 5 0 D.I.C., 10s paid .. 2 0 6 Pref 1 7 9 MO Electro Zinc, ord. 4 10 0 Pref. — 4 1 0 Evans Atlas, rights 0 3 11 —— Frozen Products, c.d. 1 4 0 1 5 3 G. J. Coles 1 1 3 1 1 9 Greater Crystal .. ■A 1 4 6 Hallenstein Bros. 1 14 6 — Henry Berry 1 4 « —- Hay’s, Ltd., x.d. .. Henry Jones — 4 4 0 —- 3 1 0 J. Gadsden, pref .. 1 4 6 J. J. Niven 2 17 6 Mas. Struthers, 14s paid —— 1 4 6 10s paid 0 17 3 McKenzies — 3 13 0 Midland Mot., pf. 1 2 0 1 3 0 Milburn Lime, con. 0 12 10 M.K. Manfrs. — 0 15 10 Morts Dock 0 19 4 —— Natl. Electric — 4 16 0 New Colisseum .. 2 6 6 —- N.Z. For. Prods. .. 0 12 5 0 13 3 N.Z. Paper Mills —- 1 19 6 Otago Daily Times 2 7 0 Quill. Morris (1936) 2 18 0 Reid Rubber •— 1 0 0 Paton and Baldwin Simpson and Wil1 9 10 1 11 0 liams Tingey, R. and E., — 3 13 0 pref. —• 1 10 6 Weeks 2 9 0 Wilson's Cement .. — 1 1 0 W’wths, ord. 1 0 3 1 0 9 (N.Z.), ord. .. W. R. Cooke and 1 8 9 1 9 0 Son 0 8 0 — UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Amalg. Batteries . . Ass. Mot. Pet., pf. 1 5 6 •— 1 n 0 Buntings • ■ 1 10 0 1 17 0 Beaths, Is pd, 19s dep. Canty. Seed, N.Z. i io 3 2 7 6 Korma Textiles .. —— 0 17 0 John Chambers .. Lane, Walker, Rudkin •— 1 17 6 — 3 9 6 Mackintosh, Caley, Phoenix 2 1 0 Paid 0 11 3 •— Matea Forests 0 3 6 — Norvic . Shoes, 10s paid N.Z. Fisheries 0 13 4 0 13 11 0 10 6 Prudent. Bldg. .. Reece, Ltd., E., ord Pref. 1 0 0 0 1 0 13 6 4 Rotovators 0 9 0 0 12 6 Ross and Glendining Smith Wylie , Stacey and Hawker 2 11 1 6 6 0 2 13 1 12 0 6 — 2 0 3 Tingey, R. and E., 0 16 3 Wattles Canneries 1 18 6 —