COMMERCIAL

Press, Volume LXXXVII, Issue 26560, 24 October 1951, Page 9

COMMERCIAL

STOCK EXCHANGES

MARKETS QUIET

Markets were quiet on the Christchurch Stock Exchange yesterday, and business was restricted to a few stocks. Prices generally were firm, and Australian industrials and chain stores showed slight improvement.

DOMINION TRANSACTIONS

„ , AUCKLAND 4>2? J .*?'/7i 5/9/52 " 55 ’ 3 P®r cent - (£2275). a ?2r> 13 .^% 10/12/53 ‘ 58 ' 3 P® r cent - (£300). *100; 15/6/61-64, 3 per cent. (£500), £99; Commercial Bank of Aus., pref. (25), £8 I? Wi Dominion Breweries (200), 77s 6d; N-Z- Insurance (50), £6 14s; Wright, Stephenson, pref. (150), 26s 3d; Northern Steam, Ils paid (950), 8s 9d; Broken Hill Proprietary (50), 455; Colonial Sugar (5). n^J 7 , 8 — 64 ’ and («), £5O 15s; Consolidated Brick (20), 10s 3d; Fletchers (100), 37s 9d; JL Z - Driig <5O). £6 3s, and rights (99), 38s , Bd L forest Products (100), 12s lOd. Unlisted: Mates Forests (100), 3s 9d; Rialto Theatre (100), Bs. WELLINGTON 3 Per cent., 1957-60 (£230), £99 15s 3 per cent., 1964-66 (£400), £9B 10s; Cgjofital Sugar <’>• £s ° W« #d ; G - J- Coles (200) 19s 9d; K.P. N.Z. Drug, rights (66, 3 sales), 376; Woolworths, Ltd. (700, 3 sales), 196 9d; Woolworths. N.Z. (100), 29s 3a. After call: Broken Hill Proprietary, cum div. (50), 455; G. J. Coles (100), 19s % 8 P.?F cent - December, 1953-56 (£200). £100; Westland Breweries, ex div. (104), 46s 6d. , DUNEDIN „ 8al ?*- — Broken Hill Proprietary (150), 455; Mount Lyell (500), 21s 6d; Dunlop. N.Z., pref. (100), 20s. Sales Repotted.—-Standard Insurance (100), 945; K.P. N.Z. Drug (50), £6 3s; Coulls, Somerville, Wilkie, rights (800), 7s; Canterbury Frozen Meat, pref. (110), £8; Broken Hill Proprietary (100), 45s 3d; Hallensteln Bros. (500), 35s 9d; Colonial Sugar 2). £5l; Woolworths, Ltd. (300), 19s lOd INVERCARGILL Sale Reported.—Colonial Sugar 115), £5l.

OTHER EXCHANGES

SYDNEY „ . I A fresh rise In wool prices on Monday | failed to stimulate the share i marketyesterday. Falls continued to outnumber -Commercial Bank of Sydney, £23 6s- Bank of New South Wales, £45 12s 6d, Aus* Paper. 34s 9d; contributing, 27s 3d. A elf 59s 9d; C.S.R., <B® 7s 63; Feltex. 45s - doles, 235; Wilcox, Moffiin, 7s lid, Woolworths, 22s New Zealand. 365; General Industries, 48s; Morts Dock, 23s 9d: Anthony Hordern, pref., 23s 3d, B.Ht'.. 53s 6d; contributing. 4te 10jd; Bu ”}’ Philp. 75s 8d; British Tobacco, «s 6d, David Jones, 44s 6d; Dunlop, 45s Gd, Houses, 48s 9d; Broken Hiu. new, 39s 9d. Loloma, 36s 9d; Mount Morgan, 20s 6d: Oil Search, 3s lid; Rawang. 10s 9d; Mount Lyell, 24s 9d. MELBOUKNE . Sales volume was slightly larger on the Investment market yesterday. Most of the movements were small. Sales.— Goldsbrough, 54s 6d; Australasian Paper, 34s 8d; and. new, 27s 9d: A.C.1., 59s 6d; B.H.b 545; and. new. 42s 6d; Courtaulds, 235; Drug Houses, 48s 6d; Sil. new. 29s’9d; ’punlop, 45 s 6d; Electrolytic Zinc. £5 12s 6d; and, pref., £5 10s; G. J. Coles, 235; Gordon, Gotch. 25s 6d; Humes, 39s 6d; 1.C.1., Ms «d; Myer. Ils 3d; Yarra Falls, 52s 6d; Broken Hill South. 78s 9d; Mount Lyell, 24s 9d; New Broken HUI, 39s 3d: North, Broken HIU. £5 4s; Emperor, 12s 3d; OU Search, 4s.

VEGETABLES AND FRUIT

Fairly plentiful supplies of bananas reached Christchurch at the week-end. The fruit opened up in splendid condition and should be ripe about the end of the week. The market remains bare of Australian oranges. Retailer? Prices

Lettuce (each), 6d to Is 8d; cauliflowers (each). 5d to 24; rhubarb (bunch), Is to la 6d; spring cabbage, la to 2s each; fruit,' 6d each; garlic.* 2d an ounce: lemons (New Zealand), Is Old per lb; tomatoes, hothooM. 4a to 6s per lb; radishes, bunch, 4d; onions, 7d per lb; apples. 6d to Is per R>; cooking apples, 8d per lb; celery, la to 2s a head; pears.-dd to Is per lb; tree tomatoes, 2s to 3b per lb' kumeras, Is 4d per lb; Chinese gooseberries, la 6d to 3s per lb} New Zealand grapefruit, U per lb: New Zealand oranges, sweet navels, is «d perlb; bananas7ljd per lb; rmnannw asparagus, Is 8d to 3s a bunch; new potatoes,la to 1« M per to.

CHRISTCHURCH Sales Reported £ s. d. Var’n. Hallenstein Bros. (500; 500) 1 15 9 —— McKenzies Woolworths (100)' (NJ5.), ord. 3 12 0 -9<1 (100) 1 0 3 +6d Sales on ’Change p.c. War Loan. 1/10/53 (£1400) 99 0 0

LATEST QUOTATIONS Buyers. Sellers. Banks- £ s. d. £ s. d. Adelaide, c.d. 1 15 0 Comm, of Aust. .. 1 2 0 Comm, of Sydney Nat. of A’asia, 12s 22 0 0 6d, c.d. —— 0 19 0 Natl, of N.Z. Breweries— — 3 4 0 Ballins, ord. .. 1 9 0 1 10 3 Pref. .. .. 1 3 0 New Zealand .. 2 10 0 Coal— Pukemiro .. Frozen Meat1 9 0 Canterbury .. 22 0 0 Pref. .. .. - 8 5 o Gear .. — 1 14 0 N.Z. Refrig., 20s . 10s .. — 1 18 9 Southland 0 18 3 5 6 0 South Otago Gas- — 7 0 0 Christchurch 1 0 0 1 1 o 10s paid .. 0 9 0 Timaru , .. Insurance— 0 17 3 FA.M.E. 1 1 9 Queensland .. National .. 1 6 6 i 4 13 1 7 0 3 New Zealand 8 15 0 South British .. 3 6 0 Standard Loan and Agency— — 4 15 0 C J.CA., ord. 1 14 6 Dalgety Invincible Building Nat Mortgage “A" s ~o 0 0 13 0 H 6 0 m.z.f. co-op. ;; 0 13 6 2 15 0 14 0 6 First pref. Perm. Invest. 13 W 0 8 0 0 Shippfn*' Stephenson Adelaide .. 3 14 1 4 9 Union, pref. Timber— — 1 7 6 Taupo Totara 1 18 9 Woollens— Bonds .. , Bruce, cum 3 13 2 4 0 g — Feltex .. Feltex, N.Z. 2 ~1 0 n Kaiapol, 17s»pd. .. Pref. Korma Tex., pf. . 1 ~7 0 IB 0 9 1 8 1 8 U 3 3 Timaru. 7s 0d paid Wellington Miscellaneous10 ~7 • 1 *7 6 Alloy steel (N.Z.) ■ 2 11 Q Must. Found. Invest. 2 12 0 7 6 0 Avon Metal, c.d. .. Beath and Co. 0 14 0 0 19 2 19 0 g Begg and Co. Bartel (NX) 2 3 0 2 « 1 18 0 q Claude Neon N.Z. Coulls, Somerville, 2 14 0 Wilkie, rights ., Consolidated Brick 0 4 3 0 6 0 10 3 9 Courtaulds, 10* pd. 0 19 9 Dental and Medical 1 14 0 Dom. Builders 0 11 6 Dominion Rubber 1 8 0 Donaghy’s Rope ., 3 5 0 Dunlop N.Z. Pref. 1 0 1 0 9 5 Electro. Zinc, ord., c.d. and B. —— 5 2 6 _ Pref., c.d. and B —— 5 0 0 Evans Atlas, rts. .. 0 4 0 G. J. Coles 0 19 9 1 "o 3 Greater Crystal 1 4 6 Hallenstein Bros. .. 1 15 3 1 16 0 Hay’s, Ltd. . .. 4 0 0 Henry Jones 3 0 0 Hume* 1 15 3 I.CX A. N.Z. .. 111 0 1 12 9 J. J. Niven 2 17 6 K.P. and Co. .. 6 ~4 0 Rights 1 17 6 McKenzies — 3 12 6 Milburn Lime —— 0 12 6 National Electric .. 4 17 6 N.Z. Forest Prod. 0 12 7 0 13 0 Pref 0 14 9 0 15 0 N.Z. Paper Mills .. Norvic Shoes, 10s 0 13 1 19 6 paid .. .. 0 —— Reid Rubber 0 19 3 Skellerup, pref. .. «— 1 4 0 Week* MH» 2 15 0 Wilson’s Cement . MM 1 0 0 W'worths, ord. .. 1 0 0 •M• (N.Z.), ord . .. 1 9 0 MM (N.Z.). pref. .. — 2 1 0 Prop., pref. •M1 4 6 Overseas Listing— W’wth.s (S. Africa) — 1 0 3 UNLISTED STOCKS Amalg. Batteries .. 1 5 6 MM Canty. Seed 1 10 0 Korma Textiles .. Lane, Walker, Rud0 17 0 kin MM 3 8 6 Mates Forests «M» 0 4 0 National Tobacco .. M«B 1 13 0 N.Z. Fisheries MM 0 10 6 6 N.Z. Motor Bodies MM 2 2 Ross and Glend. MM 2 13 0 Smith Wylie —— 1 10 0 Tingey. R. and E. 0 16 3 Victoria Mansions 1 6 6 Watties Canneries 1 18 6