COMMERCIAL

Press, Volume LXXXVIII, Issue 26671, 4 March 1952, Page 8

COMMERCIAL

STOCK EXCHANGES QUIET BUT FIRM TONE OF MARKETS Markets opened the week on a Quiet but firm note on the Christchurch Stock Exchange yesterday. Sales of shares in the Australian concerns, G. J. Coles, Woolworths. Ltd., and Broken Hill Proprietary were recorded at higher rates. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change £ s. d. Var’n. G. J. Coles (100, 100, 200) .. 015 0 +9d Woolworths, Ltd., cum div. (200, 200) .. 0 15 3 N.C. Sales Reported N.Z. Govt., 31 p.c. Stock. 1953-57 (£300) .. 98 15 0 - N.Z. Govt. 4 p.c. Stock, 1952-55 (£600) .. 100 10 0 - Natl. Insurance (100) .. 1 2 0 N.C. Kaiapoi Woollens (pref. (100) .. 1 4 6 N.C. Broken Hill Pty. (100) 118 9 4-9 d Woolworths, Ltd., cum div. (100) .. 015 6 +3d AUCKLAND Sales.—l/10/53, 21 per cent. (£1000), £9B ss; 15/12/53-56, 3 per cent. (£1000), £9B 10s; 15/2/55-58, 3 per cent. (£200), £94 17s 6d; 15/8/59-61, 3 per cent. (£1300), £92 10s; 15/7/61-63, 3 per cent. (£300), £9l 7s 6d; 15/5/64-66, 3 per cent. (£500), £9l 15s; 31/5/54-58, 4 per cent. (£500), £lOO 10s; Bank of NSW. (5). £33 10s; Dominion Breweries' (257), 765; Pukemiro (100), 275; N.Z Insurance (150), £5 4s; South British Insurance (100), 53s 9d; Burns, Philp (200). 545; N.Z. Drug (100). 97s 6d; Morris, Hedstrom (400), 38s; Forest Products (200), 9s 9d; N.Z. Refrigerating, paid (100), 30s 3d; Woolworths, N.Z. (500), 21s 9d; Woolworths, Sydney (600, 2 sales), 15s sd. and 100 at 15s 6d. Unlisted: Ross and Glendining (400), 46s 6d. WELLINGTON

Sales.—3 per cent., 1951-54 (£200), £96; 3 per cent, 1952-55 (£1650), £96 2s 6d; 3 per cent.. December. 1953-56 (£3200. 3 sales). £96 ss; 3 per cent.. 1964-66 (£200), £9l 15s; 4 per cent., 1952-55 (£510), £lOO 7s 6d; Commercial Bank of Aust. (150). 18s; N.Z. Forest Products (200), 9s 9d. Unlisted: Matheson Minster, pref., cum (200), 18s 9d. Sales Reported.—N.Z. Breweries (50), 445; Wm. Cable (200), 525; South British Insurance (200, 2 sales), 545; Woolworths, N.Z. (400), 21s 9d, and 200 at 21s 6d; N.Z. Refrigerating (286) (late Friday), 30s. DUNEDIN Sales.—Kempthorne, Prosser N.Z. Drug (50), 975; Mount Lyell (200), 19s. Sale Reported.—N.Z. Refrigerating (286), 30s. r • INVERCARGILL Sale.—2J per cent., 1/10/53 (£500), £9B ss. LATEST QUOTATIONS Buyers. Sellers. £ s. d. £ s. d.

OTHER EXCHANGES SYDNEY Small rises over a wide range of shares yesterday provided a consolidation of last week's steadying trend on the exchange. Sales.—Commercial Bank of Australia, 21s 9d; Tooths, 76s 9d; Australasian Paper, 28s 3d; A.C.1., 48s 9d; British Tobacco, 38s 3d; Broken Hill Proprietary, 475, and contributing, 36s 3d; David Jones, 365; Drug Houses, new. 40s 6d; Dunlop. 31s 3d, and rights, 2s 3d: Electro. Zinc, pref., 25s 9d; Feltex, 32s 6d; Coles, 18s 3d; Goldsbrough, 40s 6d; Mort’s Dock, 21s 9d; Carpenters, 15s; Colonial Sugar, £53. and contributing, £4l 15s; Howard Smith, 28s 6d; Woolworths, 18s 4Jd; New Broken Hill, 335; Mount Lyell, 225; Broken Hill North. 81s; Rawang, 13s 7d; Oil Search, 3s lOd. MELBOURNE Investment market trading was active and the sales volume was heavy yesterday. Prices advanced further. Sales.—A. and N.Z. Bank, 40s; Australasian Paper, 27s 6d; A.C.1., 48s 3d; British Tobacco, 38s 6d; Courtaulds, 15s 7d; Dunlop, rights, 2s 3d: Feltex. 335; Coles, 13s; Herald, 14s 6d; Hume Ind., pref, 23s - Humes, 34s 9d; 1.C.1.. 345; Wcolworths', 18s 3d; Yarra Falls. 425; Electrolytic Zinc, 28s 7d, and pref., 26s 6d; Broken'Hill Proprietary, 47s 3d. and new, 37s 8d; Broken Hill South, 635; North Broken Hill, 80s 6d; Mount Lyell. 22s lOd; Mount Morgan, 22s 9d; OU Search, 3c lid.

N.Z. Govt.— 2J p.c. War Loan, 1/10/53 98 0 0 3 p.c. Ina., 1/8/5154 97 15 0 3 p.c. Ins., 15/9/5255 97 15 0 — 3 p.c. Ins., 15/5/5356 96 10 0 97 10 0 3 p.c. Ins., 15/12/53- , 56 .. 96 5 0 •— 3 p.c. Ins.. 15/2/5558 — — 95 0 0 3 p.c. Ins., 15/4/5659 94 10 0 3 p.c. Ins., 15/11/5760 93 0 0 —— 3 p.c. Ins., 15/8/5961 m 93 0 0 3 p.c. Ins., 15/4/6063 .. —1 93 0 0 3 p.c. Ins., 15/6/6164 92 5 0 3J p.c. Ins.,,15/1/5357 98 10 0 99 0 0 4 p.c. Ins., 15/6/5255 100 7 6 —- 4 p.c. Ins.. 31/5/5458 100 10 0 Banks— ' Comm, of Aust. .. 0 18 1 Pref 6 17 6 Natl, of A’asia (£1) —— 1 6 0 N.S.W. 33 10 0 — Breweries— Ballins, pref. New Zealand — 1 2 1 4 6 6 Frozen Meat— Canterbury 15 10 ■o 17 0 0 Pref — 8 0 0 Gear —— 1 9 0 N.Z. Refrig., 20s .. 1 10 0 — 10s 0 15 0 —— GasAuckland .. 0 6 0 —1 1 „ Christchurch .. 0 15 0 0 18 0 Insurance— F.A.M.E. — 1 6 0 National ‘ 1 2 0 1 2 3 New Zealand 5 2 0 5 4 6 South British 2 12 9 2 13 9 Loan and Agency— C.F.C.A.. ord. 1 — 1 12 6 Ch’ch. Building — 19 10 0 Balgeiy 0 9 6 0 10 0 Goldsbrough, Mort 1 12 6 Newton King, ord. 0 10 0 — Nat. Mor., ‘‘A,” c.d. 0 9 0 — “B,” c.d. 2 11 0 N.Z.F. Co-op. 0 12 1 0 12 6 "A” pref. —— 5 5 0 "B" pref. —— 5 5 0 4J p.c. Stock, ’55 99 0 0 — Sth. Island Finance 1 7 0 — United Building .. — 1 1 9 Wright, Stephenson 2 15 0 a— Pref 1 2 6 Shipping— P. and O. Def. Stk. 2 8 0 Union, pref. 1 5 0 —— Timber— Taupo Totara 1 17 3 Woollens— Kaiapoi, 17s paid —... 1 4 3 Pref. 1 4 0 Korma Text., ord. 0 14 0 Timaru 1 2 0 1 6 0 Miscellaneous— Ampol, rights 0 0 1 0 0 2 Andersons, 1st pref. 1 1 0 1 2 6 Amalg. Batteries .. 1 5 7 Avon Metal 0 18 0 Beath and Co. 2 8 0 Begg and Co. 2 2 6 Berlei, rights 0 2 6 Booth Macdonald .. — 0 7 6 Broken Hill Pty. .. 1 18 0 2 0 0 Dom. Builders — 0 13 0 D.I.C., 10s paid .. —— 1 17 0 Dunlop, pref. — 0 18 6 Electro. Zinc, pref., c.d. —— 1 3 0 G. J. Coles 0 14 9 0 15 3 Humes (N.Z.), pf., c.d. 1 1 6 - Hay’s. Ltd. 3 15 0 Henry Jones —1,1 1 3 9 J. Gadsden —— 1 6 0 K.P. and Cw 4 16 6 K.P. and Co. (new) 4 14 0 —— Mason, Struthers, £1 paid 1 13 6 1 19 0 McKenzies, 5s paid 0 12 9 M.K. Manufac. 0 14 9 National Electric .. 4 9 6 N.Z. Forest Prods. — 0 9 9 N.Z. Newspapers .. 2 3 0 N.Z. Paper Mills .. — 1 15 0' Norvic Shoes, 10s paid 0 10 0 __ Quill, Morris (1936), c.d. 0 18 0 1 1 0 Reid Rubber 0 15 6 Skellerup, pf., c.d. 1 1 0 Whit, and Tombs .. —— 1 4 0 Wilcox, MoTin 0 4 6 Wilson’s Cement .. 0 16 9 0 17 0 W’worths, ord. 0 15 5 0 15 7 (N.Z.), ord. 1 1 6 1 2 0 (N.Z.), Prop., pf., rights 0 0 1} Overseas Listings— W’worths. (S..A), c.d. MB 0 18 0 Aust. Mining— Mount Lyell 0 18 9 — MiningGrey River .. 0 2 9 —_ Martha 0 3 0 — UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Andrews and Beaven, pref. 1 0 6 1 2 0, Beaths (Is paid, 19s deposit) 1 18 0 Christchurch Press 11 15 0 13 13 0 Lane, Walker, Rudkin __ 2 19 o Mackintosh, Caley, Phoenix 1 19 o Mackintosh, Caley, Phoenix, paid .. 0 10 0 •J. J. McCaskey, pf. 0 18 0 1 1 9 Ross and Glendining 2 7 3 Tekau Knitwear .. 1 6 6 Watties Canneries — 2 0 0