COMMERCIAL

Press, Volume LXXXVIII, Issue 26659, 19 February 1952, Page 9

COMMERCIAL

STOCK EXCHANGES PRICES EASE ON QUIET MARKET „J' ev f sales were recorded when the Christchurch Stock Exchange opened the week s trading yesterday. Prices quoted lor most shares eased, but Government stocks were fairly firm. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change

AUCKLAND i^?!cn‘7> 1/8/51 ' 54, 3 per cent - (£350), £9B; 15/4/60-63, 3 per cent. (£1095), £92 15s; Comm. Bank of Aust. (400), 18s 6d; Dominion Breweries (106), 755; New Zealand Breweries (750), 465; National Insurance (400), 235; Amalg. Batteries (310), 2as 6d; Dominion Fertiliser (100), 31s 6d; Coles (400), 15s 7d; N.Z. Drug (50), 975; Forest Products (500), 10s 2d, (100), 10s Id; Woolworths N.Z. (300), 235; Woolworths Props., pref., rts. (500), 3d. WELLINGTON Sales.—3 per cent., 1955-58 (£3570), 2 sales, £95; 4 per cent., 1952-55 (£500), £100; New Zealand Insurance (100), £5 10s 6d; Acetone, pref. (300), 19s 9d; B.H.P. (200), 395; Electro. Zinc, ord. (200), 24s 9d; Fletcher Holings (200), 33s 9d. Sales reported: 3 J Ker cent., 1957-60 (£3000), £96 ss; Comm. Bank of Aust., ord. (600), 18s 6d; 3 per cent., 1960-63 (£665), late Friday, £93; Wright, Stephenson, pref., new (1154), late Friday, 22s 6d; Colonial Sugar (5), late Friday, £44 17s 6d DUNEDIN Sales.—Woolworths, Ltd. (200), 16s; Woolworths N.Z., Ltd. (100), 235. Sales reported: 3 per cent. Stock, 1962-64 (£1500), £92; Electro. Zinc, ord. (300), 22s 6d, pref. (200), 225; N.Z. Breweries (750), 465.

OTHER EXCHANGES SYDNEY The renewed fall in share prices extended to most classes of shares in moderate trading on the exchange yesterday. Sales.—Aust. Paper, 27s 4jd, new 26s 6d, rights 10s OJd; A.C.1., 50s 6d; 8.H.P., 46s 3d, con. 35s 6d; Colonial Sugar, £52 10s, con. £4O 12s 6d; David Jones, 37s 6d; Drug Houses, 445; Electro. Zinc, 29s 3d; Feltex, 33s 6d; Goldsbrough, 425; Henry Jones, 57s 6d; 1.C.1., 335; New Zealand Forest, 12s 6d, pref. 15s 3d; Woolworths, 19s 3d; Berlei, 42s 6d; British Tobacco, 38s 9d; Burns, Philp, 66s 9d; Oil Search, 3s Bd. MELBOURNE The sales volume on the Stock Exchange yesterday was fairly high. Falls exceeded rises. Sales.—Commercial Bank of Australia, 21s 9d, and pref. 16s; Goldsbrough, 41s 6d; A’asian. Paper, 27s 4d, new 26s 9d, rights lOd; A.C.1., 50s; Bradford, 38s; Courtaulds, 17s; Drug Houses, 43s 9d; Dunlop, 365; Feltex, 33s 9d; Coles, 18s 2d; Gordon and Gotch, 21s 9d; Henry Jones, 57s 6d; Herald, 15s 3d; 1.C.1., 335; Electro. Zinc, 29s 3d, pref. 27s 6d; Broken Hill Pty., 46s 3d, new 35s 6d; Broken Hill South, 665; New Broken Hill, 335; Oil Search, 3s 9d. MINING Clntha Dredge.—The Clutha river dredge in the week ended February 8 worked 109 hours and recovered 130 ounces of gold.—(PA.)

Ampol (100) £ s. d. 0 6 3 Var'n. N.Z. Forest Products, ord. (100) 0 10 o —Id Whakatane Board Mills, pref. (200, 100) 1 1 6 N.C. Woolworths, Ltd. (100 200) 0 16 0 4d Sales Reported N.Z. Govt. 3 per cent. Stock, 1962-64 (£1250) Dominion Fertiliser (late 92 0 0 — sale , Friday) (100) .. 1 11 6 Wilcox, Mofflin (300) 0 5 9 —

LATEST QUOTATIONS Buyers. Sellers. £ s d. E s. a. N.Z. Govt.— 3 p.c. Ins.. 15/5/5356 97 10 0 3 p.c. Ins., 15/12/5356 96 17 6 97 7 6 3 p.c. Ins., 15/4/5659 94 5 0 3 p.c. Ins.. 15/11/57•60 3 p.c. Ins.. 15/8/59- — 93 10 0 61 3 p.c. Ins., 15/8/59- — 93 10 0 61 3 p.c. Ins., 15/4/60- — 93 10 0 62 93 0 0 —_ 3 p.c. Ins., 15/4/6063 3 p.c. Ins., 15/7/62- — 93 10 0 64 3 p.c. Ins., 15/7/6391 10 0 — 65 91 10 0 92 10 0 4 p.c. Ins., 31/5/5458 190 10 0 4 p.c. Bonds, 1954-58 Banks— 100 10 0 — Comm, of Aust. .. 0 18 0 0 18 9 Pref. 7 17 6 N.S.W. Breweries— — 35 0 0 Bailins, ord. 1 4 0 Pref. 1 0 6 1 1 3 Dominion 3 11 0 3 16 0 New Zealand Coal— 2 6 9 Kaitangata Pukemiro ,. — 1 1 17 8 0 6 Frozen MeatCanterbury 14 5 0 Pref. 8 o o Gear — 1 10 o N.Z. Refrig., 20s 1 9 9 s 10s Gas0 14 6 0 15 1 Christchurch o 18 o Insurance— F.A.M.E. 1 3 0 1 6 o National Loan and Agency— 1 0 0 1 3 3 C.F.C.A., ord. 1 12 6 Chch. Building 19 15 0 Dalgety Goldsbrough. Mor.t Newton King, 6 p.c. 0 10 0 0 1 10 16 6 0 Pref. Nat. Mortgage "A,” — 1 3 0 c.d. —— 0 10 6 "B,” c.d. N.Z.F. Co-op, 0 12 4 2 0 12 12 6 6 "A” pref. 5 0 0 5 7 6 "B" pref. 41 p.c. Stk„ 5 7 6 12/5/60 102 0 o Ofe 8 *- ■“ 101 100 0 5 0 0 NZ. Guarnt. Cpn. o 2 Q S.I. Finance United Building .. 1 6 g V 1 2 Q Wright, Stephenson, Pref. 1 2 5 Shipping— P. and O. defd. stk. 2 9 6 Union, pref. Timber— 1 5 0 — Taupo Totara Woollens— 1 16 3 — Feltex, N.Z. 1 Kaiapoi, 17s pd. .. Pref. Korma Tex, pf. Ord. .. Timrau 1 1 0 0 4 4 18 14 0 3 9 6 1 1 2 5 5 0 6 Miscellaneous— 1 6 6 Alloy Steel (N.Z.) 2 4 Ampol 0 0 3 o o Amalg. Batteries .. 1 6 Avon Metal o 18 Beath and Co. 2 10 0 2 13 Booth, Macdonald o g Broken Hill Pty. .. 1 18 3 19 Colonial Sugar 44 2 6 44 15 Consolidated Brick o 10 Courtaulds, 10s paid o 16 Dom. Builders 0 13 Dunlop, N.Z. Pref. — 0 17 18 0 Electro. Zinc, ord. 1 3 6 g Evans Atlas, cont. o 13 3 G. J. Coles Greater Crystal 0 15 7 0 1 15 11 9 Humes (N.Z.), pref. 1 2 3 Hay's, Ltd. Humes — 3 17 H 0 J. Gadsden 1 0 K.P. and Co. Maling, pref. - 17 g - 1 1 3 Milburn Lime, c.d. 10 q Paid, c.d. o 11 o M.K. Manufacturers o 15 8 N.Z. Forest Prod. 0 10 0 0 10 2 N.Z. Newspapers .. 2 5 9 N.Z. Paper Mills .. —— 1 16 o Norvic Shoes. 10s Paid Quill Morris (1936), — 0 12 6 c.d. Reid Rubber — 1 o 1 17 6 o Skellerup, pref. .. 1 2 o Whakatane, ord. .. - 1 o 9 Whit, and Tombs 1 4 g Wilcox, Mofflin .. o 5 9 Wilson’s Cement .. o 17 o Woolworths, ord. .. 0 15 9 0 16 (N-Z.), ord. (N.Z.), Pp„ pf., rights Aust. Mining 1 2 9 1 3 4 — 0 0 4 Mount Lyell Mining— 0 18 11 0 19 5 Austral (N.Z.) 0 2 6 Grey River 0 2 6 0 3 6 Martha 0 3 0 UNLISTED STOCKS Buyers. Sellers. Andrews and Bea- £ s. d. £ s. d. ven, pref. Beaths (Is paid, 1 1 0 1 2 6 19s deposit) __. 2 0 0 Canty, Seed (N.Z.) Lane, Walker, Rud1 10 6 kin __ 3 2 6 Mackintosh, Caley, Phoenix —. 2 0 o Paid . 0 10 6 Matea Forests Regent Theatre — 0 4 0 (Chch.) .. Ross and Glendin0 9 6 — ing 2 8 0 Tudor Hosiery 1 3 6 Tekau Knitwear .. — 1 8 6