COMMERCIAL

Press, Volume LXXXVIII, Issue 26856, 8 October 1952, Page 13

COMMERCIAL

STOCK EXCHANGES

AUSTRALIAN CHAIN STORES FIRMER at A hSh^i’ n shaln5 haln •fores were In demand Stock®?£eh^~ S ,he Christchurch imnrovE? ?5 nge ZWterday- G. J. Coles un?h»^l. ld . a ?? in and Woolworths sold thirteen™ w i l4s ’ Wl ! h Tnore wan *®<! at that figure. Volume of business increased ™e 810011 turnovor paBBad

'Z 8 / 51 ' 54 ' 3 P er cent - (£2400), £US 3 Per Cent ' < £soo >' CM . Per Cent ’ < £lBoo >. A L, 157 !^?.' 84 ’ 3 p<r cent - < £21)0(1), £9O; i'p 9m and » 4i per cent - P er P- deb - Commercial Bank oi Aust. J Bs M; Bank ° £ N.S.W. (10), £S3; ?„? 1 , .5 rCW ,^k es J loo ’.- 405 Pukemiro Collieries (200), 375; N.z. Insurance (150), —2 £ls ®?1 South British Insurance (250), £2 9s; Taupo Totara, rights (50), 6s 6d; p £?- <4oo) ' Iss ad: Burns, Philp 4 , 7 £ 8d; Colonial Sugar (5), £39 10s; £ ole ?, I 30 0- 13s 2d; Henry Jones (100), Z - pref - (30 °l- 21s l T1 P Top A -J 7s; Woolworths Properties (200), 18s 6d. Unlisted; Alex. Harvey, ■ rights (580), Ils. roowj, WELLINGTON Sales.—3 per cent.. May, 1953-56 (£4OO. £B7 ' 3 per cent > 12J5-68 (£900). £94 15s; Humes, N.Z., prel. (200, odd), 21s; Walhi Gold (500), 3s 4d; British Standard Portland Cement (100), 15s 6d; 3 per £9Z ' 3 per «mt/Al?? o'’ 0 '’ £9l 15s: 4 per cent " 1952-55 (£250), £lOO 12s 6d; Dunlop. N.Z. 6<!; R - and E - Tingey. ord. 3 per. cent., 1952-55 (£250), £96 15s; 3 per cent., 1955-58 (£380), £94 15s; J. J. Niven (100), 50s; N.Z. Indust. 308; 3 per ce nt., 1960-63 (£1000), £9l 15s; Colonial Sugar (5), £4O, and 10 at £39 15s; Broken Hill Proprietary (100), 365. v,? a . , . e . s Rep orted—Late Monday: Bank oi NSW .’.J 4 ' odd) ’ £3l ,ss; National Mort(US), <ls; Colonial Sugar (10), on 9 J ’ Nlven <!90). 495; Union OH and Soap (100), 30s. „ DUNEDIN Sales.—Dominion Fertiliser (100), 30s lid; Dunlop, N.Z.,. pref. (100), 16s 4d; Humes, Ltd. (112), 295, and 100 at 29s 3d; National Mortgage “A” (100), Bs. ~S al e . s gaported.—Commercial Bank (200), 18s 6d; Dalgety (500). 10s; National Mort(^l^m’s’s." 3 Per Cent " 1/8/51 - M INVERCARGILL National Insurance <ZW), 33s 9d; Commercial Bank (328), 18s 7jd. OVERSEAS EXCHANGES SYDNEY * a L e P 1 " 10 * 8 rallied on the exchange y^terday, when controls on bank credit were lifted. Much of the recent market 'YF?-F ness resu lt e d from companies’ inability to pay the usual dividends because of a shortage of ready cash, says the "Sydney Sun.” o , Sa \ es — Bank vt New South Wales, 67s 6d; Associated Newspapers, pref., 15s 9d: Ampol, 8s 7d; Australasian Paper, 235; Aust. Consol. Ind., 42s 6d, and contributing, 27s 9d; Berlei, 38s 6d: Bradford Cotton 32s 9d; British Tobacco. 32s 6d; Colonial Sugar, £45 10s; Courtaulds, 20s 3d; David Jones, 365; Drug Houses, 34s 9d; Dunlop, 30s 3d; Electro. Zinc, 295; Feltex. 28s; G. J. Coles, 15s 9d; Mauri Brothers, 50s; Winchcombe, 36s 6d; Woolworths, 16s 9d; Yarra Falls, 39s 0d; Sduth .Broken Hill, 60s 9d; Mount Morgan, 245; Bitumen Oil. 43s 9d; Broken Hill Proprietary, 41s 6d; Burns. Philp, 56s 6d; N.Z | Forest, Us lid. MELBOURNE Several stocks registered substantial gams on the exchange, and sales were considerably higher. Sales.—Commercial Bank, 21s 6d; Goldsbrough, 395; Carlton Brewery, 335; Melbourne Co-operative Brewery, 14s 9d; Ampol, 8s 7d; Australasian Paper, 22s 6d; Aust- Consol. Ind., 42s 6d, and new, 275; BrjJish.Tobacco, 31s Sd; Broken Hill Proprietary, 42s 2d; Courtaulds. 19s lid; Drue Houses 345; Dunlop; 30s 6d; Electro. Zin£ 295. and pref.. 275; Feltex, 27s 9d, and second pref.. 20s 6d; G. J. Coles, 15s 9d; Gordon and Gotch. 21s; Herald. 14s 6d; I.CJ.. old issue, 365, and contributing. 16s 9d; South Broken Mill, 60s; Montana. 445; Mount Isa, 46s 6d; Mount Lyell, 23s 6d; H ! U ' 30s 9d: North Broken Hill, 73s 6d; Loloma. 25s 6d; Mount Morgan, 245. LONDON Mining.—Broken Hill North. 57s 6d; Broken Hill South, 43s 3d; Broken Hill ?,*? pr^tar3 l’ 328 3d : Consolidated Zinc, 28s 41d; Mount Morgan, 18s 6|d.

dominion transactions CHRISTCHURCH Sales on ’Change: Listed N -2. Govt. 3 per cent. £ s. d. Var’n. ’ 6 °- 63 (£M0; £700) .. *. Ballins Breweries (10O), ord. Woolworths, Ltd. (100) *.*. 91 1 0 10 1 14 0 0 —6d N.C. G. J. Coles (100) 0 13 2 4-Id Sales Reported: w.z. Govt, a per cent. Listed Stock, ’51/54 (£350, _ £2000) 98 Dalgety and Co. (late n „„? aie Monday) (500) 0 10 0 4-3d Dunlop (N.Z.), ord. (300) Humes N.Z., pref. (200) 0 16 6 o N.C. N.C.Skellerup Industries, pf. (300) 1 0 6 N.C. AUCKLAND

CHRISTCHURCH QUOTATIONS Buyers Sellers N.Z. Government— £ . d. £ s. ri 2J p.C., 1/10/53 98 2 6 98 10 0 3 p.c., 1/8/5 i-54 .. 98 0 0 98 7 6 3 p.c., 15/9/52-55 . 96 75 0 97 0 0 3 p.c., 15/5/53-56 .. 97 0 0 3 p.c., 15/12/53-56 .. 96 15 0 97 0 0 3 p.C., 15/2/55-58 .. 94 15 0 3 p.c., 15/4/56-59 .. 94 15 0 3 p.c., 15/11/57-00 .. 93 10 0 3 p.c., 15/8/59-61 .. —_ 92 0 0 3 p.c., 15/4/60-62 .. 91 10 r 3 p.c., .. 01 12 6 3 p.c., 15/6/61-64 .. 91 15 0 3 p.c., 15/7/62-64 .. — 91 10 0 3 p.c., 15/7/63-65 .. — 91 10 0 3 p.c., 15/5/64-66 .. 91 10 0 3i p.c., 15/1/53-57 .. _- 98 0 0 .'1 p.c., 22/5/60 9d 0 0 4 p.c., 15/6/52-55 .. 100 10 0 4 p.c., 31/5/54-58 .. Banks— 100 12 6 — Aust, and N.2. 1 15 0 Comm. Aust. 0 18 3 0 18 6 Comm, o* Sydney 17 5 0 18 10 0 Natl, of N.Z. 3 4 0 N.S.W. Breweries— — 33 2 6 Ballins, ord. .. 1 1 6 1 1 9 Pref —— 1 1 0 Dominion .. 3 0 0 —_. New 7**»Hnd .. Frozen Meat— 2 0 9 2 1 0 Canterbury .. 16 10 0 — Gear .. .. — 1 6 6 N.Z. Refrig. 1 12 6 10s .. 0 16 0 Nth. Cant., pi. 1 1 6 — Southland 2 19 0 Waitaki 11 5 0 — Christchurch (10s paid) — 0 6 9 Timaru .. Insurance— 0 19 3 FA.M.E. 1 5 9 — National •• — 1 2 9 N.Z. Insurance .« 5 12 0 South British .. 2 8 0 2 10 0 Standard Loan and Agency— — 3 19 0 Chch. Bldg. — 17 10 0 Dalgety 0 9 11 0 10 3 Golds., Mort. — 1 15 0 Invincible Bldgs. .. —— 5 0 0 Mutual Benefit N.Z.F. Co-op., *‘B” — 1 10 6 pref. — 4 13 0 N.Z.L., Merc., ord. 1 1 3 —— United Bldg. Wr H t, Stephenson, 0 19 0 Pref —— 1 3 3 Shipping— De znnport •. —— 1 10 6 Union, pref. •• 1 6 0 —— Timber— Parker, Lamb •• 0 5 3 Woollens— Kaiapoi . • —— 1 2 9 Pref. ■ ■ 1 3 6 Korma, ord. ... 0 11 0 Pref. — 0 16 0 L., W., Rud., pref. 1 2 0 —— Timaru 1 2 0 1 4 n Wellington •— 8 17 6 Pref. — 9 0 0 Miscellaneous-— Amal. Batt. •• 1 5 3 — Ampol — 0 8 0 Aust. C.I. .. 1 14 0 —— Berlei, N.Z. 1 10 0 — Booth, Macdonald —— 0 6 3 Broken Hill Pty. .. 1 16 0 1 16 3 Colonial Sugar .. 38 15 0 39 10 0 Consol. Brick • • 0 9 0 0 9 9 Courtaulds .. 0 17 0 0 19 6 Dom. Fertiliser . • — 1 11 3 Donaghy’s Rope .. — 3 0 0 D.I.C., 10s paid .. 1 13 0 — Dunlop Rubber 1 5 0 — Dunlop, N.Z. 0 16 3 0 17 0 Electro. Zinc, ord. 1 4 6 1 5 0 Pref. 1 2 0 1 3 9 Evans Atlas — 1 1 6 Farmers’ Trading — 1 16 0 G. J. Coles 0 13 2 0 13 4 Greater Crystal .. 0 19 6 1 2 6 Hallensteins 5 15 0 —• Hardie, Bros. 1 12 6 — Henry Berry 1 1 0 — Hay’s 3 10 0 Henry Jones —— 2 10 0 Humes •— 1 11 0 Humes, N.Z., pref. Mason, Struthers, 1 0 9 1 1 0 £1 paid 1 12 0 — 14s paid 1 2 0 —- McCaskey, pref. .. — 0 19 9 McKenzies 0 13 5 Milburn Lime —— 1 8 6 10s paid 0 12 8 0 13 6 Morris Hedstrom 1 19 0 2 2 5

Buyers. Sellers £ s. d. £ s. d. Neon Elec. Signs, rights 0 10 0 N.Z.F. Fertiliser .. 1 16 3 Pref. 1 4 0 N.Z. Forest Prod. 0 9 7 0 10 0 Pre'. 0 13 0 N.Z. Newspapers .. 2 4 6 N.Z. Paper Mills 1 12 9 1 13 7 Norvic Shoes, c.d. —— 0 15 6 Otago Daily Times 2 3 0 Simp., Williams .. 2 15 0 3 5 0 Tingey, pref. —— 18 0 Weeks — 2 6 0 Rights .. 0 7 0 0 10 0 Whit, and Tombs 13 0 Wm. Cable 1 6 3 Contr. 0 9 0 W’worths., ord. .. 0 14 0 0 14 3 N.Z., ord. . 0 19 6 0 19 9 Fp., pref. — 1 2 0 Aust. Mining— Mount Lyell 1 0 3 110 MiningGrey River .. —. 0 3 0 Martha v. •. 0 3 6