COMMERCIAL

Press, Volume LXXXVIII, Issue 26857, 9 October 1952, Page 13

COMMERCIAL

STOCK EXCHANGES brighter tone in ACTIVE TRADING nrie? £n firSt tltne in man y weeks no w S re rec °rded- among the Exchano 0 ” 3 l he Christchurch Stock yesterday. In more active Sn?^tSS St Bfl ces rose - the remainder tte dy ’ P articula r interest were SSJSn, ?. Qe J 57 Australian shares, ine oi be "eficial effect ot the liltmg of bank restrictions m Australia. dominion transactions CHRISTCHURCH

AUCKLAND 7. per cent - 1/10/53 (£300). «98 <s bd 21, per cent. 1/10/54 <200). £97; ? cei }t-« VB/51-54 (£3000), £9B ss; 3 ( £3 00), £96 15s; L 1 ®' cent - 15/11/57-60 (£6OO-), £93 10s; kt $ e U- , 15 /l/53-57 (£3770). £9B Au? hmF - ?» an f J <2( ! 0) ’ 33s 3d : Com. Bank 4O? S '<M- 10 Kr v 1 8? 9d; N ' z> Breweries (200). ntnX I ?;?ir ln S, urance (475 >- £5 Us 6d; < 2!s 9d; Tau P° Totara, rts. Ar r pre£ - * 4so >- 10s Sd) A.C.L (100), 36s 9d; B.H. Pty. (100), 36s f <?in- B v, Cr . Ol l tS <100) - 60s: Co l - Sugar (5), mt°'rJ etCl 2, erS (200) - 32s 6d: Coles (100>: los 6a, Humes, N.Z., pref. (300) 21<v Forest Products (1000), 10s; N.Z NewsPapers (100), 44s 6d; Tip Top ice (loOh 17s, Toppa Ice (400), 6s 2d; Wilsons w®k 15s 10d: W ’wths., N.Z. (500), o? S Zj’ W*wths., N.Z. Props., pref. (100), ?lnn? d iA at \i at 21 s 9d: W’wths., Svd. 7H°° ’ 14s sd * and 225 at 14s ■picl lSte< i : A le \ Harve y. rts. (1390), MO'a? «s 13 d G,end - <300) - 45s M ' and , WELLINGTON Sales Reported.—Late Tuesday; 3 per (£500). £96 15s; Bank lS?'sd 26 ’ £33 ’ R ° 3S and G,ent, • (300), !Der cent - SI" 84 (£2800). £9O J°c „^ cKenz,es (20) - 13s: 3 per cent., 51-54 (£1000), £93 ss; B.H.P. (300). 375; J. J. Nrven (50). 565; Woolworths. Syd. (500), IJs 8d - and 400 at 14s 8d; 2Vs per cent.. 1054 (£200), £97; Bank N.S.W. (20. 2 <833 : C°l .Sugar (10), £4O. and 5 at £4O ss; John Duthie Holds., new (700 2 sales), 31s 6d; G. J. Coles (300), 13s 6d; ! N.Z. Forest Prod. (172). 9s lid. DUNEDIN < Sales.—Huddart Parker, ord. (75). 445; E1 a ct ™ Z l nc - ord - <l4B) ' 25s 3d, 64 at 255, : and 100 at 25s 6d; G. J. Coles (100). 13s Fert W ( 0 200y OI 31s S ’ N ' Z ' <loo> ’ 193 6d; Dom ' ,„ Sal . (! . s Reported.—Dalgety (500, 2 sales), ! 10s; Humes Indust., N.Z., pref. (200), 21s; ! 3 P er cent-. 15/4/60-63 (£1000), £9l 15s; Colonia! Sugar (10), £4O 10s, and 15 at } £4O ss; N.Z. Breweries (100), 41s. Unlisted: ; Ross and Glendining (300), 45s 6d. ■ INVERCARGILL f , S . a —? Beported —3 per cent.. 1960-63 i I? 42 ?!' £9l ss: A - and N - z - B ank (200), o 33S 6d. a OVERSEAS EXCHANGES a SYDNEY r Share prices boomed on the exchange L yesterday in the heaviest trading session r this year. Buying was more widespread and more decisive than in Tuesday’s rally which lifted the market to its highest level since August. All sections of the share list joined in the swift upward -thrust which followed the lifting of bank credit controls. Rises exceeded falls by an overwhelming majority. Sales.—Commercial Bank, Sydney, £22; National, fully paid, 29s 3d, and contributing, 19s; New South Wales, £37 7s d /T°? he y s - 23s 3d; Tooths, 695; Ampol, v S J d ’\^ us - Pa Per. 22s 10y 2 d; Aust. Consol, ti Ind., 43s 6d, and contributing, 28s 6d; £ Beberfald?, 20s 6d; Bitumen Oil, 455; Brad- A ford Cotton, 34s 3d; British Tobacco, 32s (c 3d; 8.H.P., 42s 9d; Col. Sugar, £45 15s; £ Courtaulds, 20s 3d; David Jones, 35s l»/ 2 d; Drug Houses, 34s 9d; Electro. Zinc, 30s, d< and pref., 28s; G. J. Coles, 16s l»/ a d; 1.C.1., B 36s 3d; Mark Foys, 355; Winchcombe. 36s C 6d: Woolworths, 17s 4V 2 d; South Broken HiH, 61s 3d;. Goldsbrough, 395; Masonite, O i 38s; Taubmans, 13s 6d; Tutt Bryant, 345; be Yarra Falls, 40s; Mount Isa. 475; Mount de Morgan, 24s l%d. * e , MELBOURNE ’ £ Buyers were prominent and several S< stocks recorded substantial gains. Sales is were again fairly heavy. £ Sales.—Commercial Bank, 22s 7d; National, contributing, 18s sd, and fully paid, fit 295; Carlton Brewery, 335; Ampol, 8s 7d; pi Aus. Paper, 235; Aust. Consol. Ind., 445, In and new. 28s 9d; British Tobacco, 32s 8d; w; 8.H.P., 435; Courtaulds, 20s; Dunlop, 30s p ( 9d; Electro. Zinc, 30s, and pref., 295; G. ag J. Coles, 15s lid; Gordon Gotch, 21s 3d; pa LC-L, 1950 issue, 36s 9d. and contributing, fr< 17s; Kauri Timber, 295; New Zealand w Forest, 12s; Woolworths, 17s 7d; Yarra w . Falls, 40s: South Broken Hill, 60s 6d; Mount Lyell,. 24s 3d; New Broken Hill, 30s 6d; Mount Morgan, 23s lid. LONDON Banks and debentures: A. and N.Z. Bank, sale 31s J l ,fed; Com. Bank Australia, . sale 16s; E., S., and A. Bank, sale 89s 6d; Bank N.S.W., buyer £29 ss, seller £3O ss; British Tobacco, sale 255; Goldsbrough Mort, buyer 30s 6d, seller 31s 6d; Dalgety, A 1 buyer 9s 7}fed, seller 10s I’fed; National ?n\ Bank, N.Z., sale 57s 6d; Dalgety, 1955-70, sale £B9 10s; N.Z. Loan Merc., 4 per cent., w <i sale £77 Is, ordinary stock, buyer 22s 3d, wi seller 23s 3d: P. and 0., deferred, middle price 50s 10’ /2 d.

Minings: Broken Hill South, 48s 4 x fed: Broken Hill Pty., 33s 3d; Consolidated Zinc, 28s 3d.

Sales on ’Change: Listed Dalgety and Co. (200) .. Lane, Walker Rudkin £ s. 0 10 d. 0 Var’n. N.C. „, r Pref. (100)’.. ' B.H.P. (100) Electro. Zinc, c.d. (100) ord. G J Coles (100; 400 ; 500) Wool worths, N.Z. Props , 1 2 1 16 1 5 0 13 6 6 3 7 N.C. 4-9d 4-9d 4-5d pref. (100) .. 1 1 6 N.C. « Sales Reported: N,z - Govt. 3 per cent. Listed Stock, Dec. ’53-56 (£500) (late sale kt -Tuesday) N -Z. Govt. 3 per cent. 96 15 0 — Ra „£ tock 2 I? 60 <£600) Bank of N.S.W. (26) 93 10 0 — (late sale Tuesday) Bank of N.S.W. (15) N.Z. Insurance (150) (late 33 0 33 0 0 0 4-5/-4-5/- - sale Tuesday) Hun iooj pref - (200; 5 11 6 4-1/6 Woolworths, Ltd. (100) 1 1 0 14 0 3 N.C. 4-3d

CHRISTCHURCH QUOTATIONS Buyers Sellers £ s. d. £ . d N.Z. Government— 2J p.c., 1/10/53 98 2 6 98 10 0 3 p.c., 1/8/51-54 .. — 98 7 6 3 p.c., 15/9/52-55 .. 96 15 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., 15/11/57-60 .. 93 10 0 — 3 p.c., 15/8/59-61 .. —— 92 0 0 3 p.C., 15/4/60-63 .. 91 10 0 91 15 0 3 p.C., 15/7/61-63 .. 91 5 0 91 10 0 3 p.c., 15/6/61-64 .. 90 0 0 91 10 0 3 p.c., 15/7/62-64 .. 90 0 0 91 0 0 3 p.c., 15/7/63-65 .. — 91 0 0 3 p.c., 15/5/64-66 .. 90 0 0 91 15 0 3J p.c., 15/1/53-57 .. — 98 5 0 3j p.c., 22/5/60 — 98 0 0 4 p.c., 15/6/52-55 .. 100 10 0 4 p.c., 31/5/54-58 .. 100 15 0 — Banks— Aust, and N.Z. 1 12 0 1 15 0 Comm, of Aust. .. — 0 18 9 Comm, of Sydney — 18 10 0 E., S., and A. 4 12 0 — Nat. A’asia. 12/6 .. __ 0 16 0 Natl, of N.Z. — 3 4 0 N.S.W. — 33 0 0 Breweries— Ballins, ord. •• 1 1 3 1 1 9 Pref. — 1 1 0 Dominion 3 0 0 __ New Zealand .. 2 0 9 — Frozen Meat— Canterbury 16 11 0 — G-ear • — 1 6 6 N.Z. Refrig. — 1 12 6 10s 0 15 9 0 16 0 Nth. Canty., pref. 1 1 4 — .Southland ' ■ 2 19 0 Waitaki .. 11 5 0 •— GasChristchurch • • 0 16 0 0 16 7 10s paid •• — 0 6 9 Insurance— F.A.M.E. 1 5 9 National .. — 1 3 0 New Zealand .. 5 10 0 5 12 0 South British 2 9 0 2 10 0 Standard •• •— 3 19 0 Loan and Agency— Chch. Bldg. •• — 17 10 0 Dalgety 0 10 0 0 10 3 Golds.. Mort. — 1 16 0 Invincible Bldgs. .. — 5 0 0 Mutual Benefit — 1 10 6 N.Z.F. Co-op. 0 11 0 0 12 0 "B” pref. — 4 13 0 N.Z.L.. Merc., ord. 4 1 0 — United Bldg. 0 19 0 — Wright, Stephenson — 2 16 3 Pref. — 1 3 3 Shipping— P. and O. •• 2 11 0 — Union, pref. 1 6 0 — Timber— Kauri •• •— 1 8 0 Parker, Lamb 0 5 3 — Woollens— Kalapoi — 1 2 Pref. — 1 3 Korma, ord. — 0 11 0 Pref. — 0 16 0 Mosgiel 2 8 0 — L., W., Rud., pref. 1 2 0 1 2 6 Timaru 1 2 9 1 4 0 Wellington — 8 15 0 Pref. — 8 17 6 Miscellaneous — Amal. Batt. 1 5 3 —• Ampol 0 7 3 0 8 3 Andersons, 1st pf. 1 2 9 —— Aust. C.I. 1 16 0 — Booth. Macdonald — 0 6 3 Broken Hill Pty. .. 1 16 3 1 16 9 Colonial Sugar 39 10 0 41 0 0 Consol. Brick 0 9 0 — Courtaulds —— 0 19 0 Dom. Fertiliser .. — 1 11 3 Donaghy’s Rope .. — 3 0 0 D.I.C., 10s paid .. 1 13 •

Buyers. £ s. d. Sellers £ s. d. Electro. Zinc, ord.. c.d. 15 0 15 3 Pref., c.d. 15 0 Evans Atlas 116 Farmers’ Trading __ 1 16 0 Frozen Prod. 110 G. J. Coles 0 13 3 0 13 8 Hallensteins .. 19 0 Henry Berry 110 Hay’s 3 6 0 3 10 0 Henry Jones — 2 8 0 Humes 1 10 6 1 11 0 Humes, N.Z., pref. 1 0 11 110 J. Gadsden 15 9 Maling, pref. 110 Mason, Struthers, £1 paid 1 12 0 - 14s paid 12 3 Midland Mot., pref. wm 12 0 Milburn Lime 18 6 10s paid 0 12 6 0 13 6 Morris Hedstrom 2 0 0 . Neon Elec. Signs, rights —— 0 10 0 N.Z.F. Fertiliser .. 1 16 0 . N.Z. Forest Prod. 0 9 10 0 10 0 Norvic Shoes, c.d. 0 15* 6 Otago Daily Times 2 3 0 Simp.. Williams .. 2 15 0 Skellerup, pref. 113 Weeks 2 7 0 Rights 0 6 6 0 9 6 Whit, and Tombs 13 0 Wm. Cable 16 3 W’worths, ord. 0 14 3 0 14 9 N.Z,, pref. 1 15 0 N.Z., Pp„ pref. .. 1 1*3 WM W. F. Cooke 0 7 0 Av st. Mining— Mount Lyell •• 10 7 1 1 2 Mining— Grey River — 0 3 0 Martha 0 3 6 Waihi Invest. 0 3 3 — UNLISTED STOCKS Carbonic Ice 3 5 0 Ch.Ch. Press WM 12 15 0 Empire Rub. Mills 2 14 0 3 2 0 Prudential Bldg. .. 0 18 0 110 Reece, Ltd., E., ord. 0 10 Reece. Ltd., E., pf. 0 11 0 w— Rink Invest. 1 12 0 Tingey, R. and E. 0 11 6 Tekau Knitwear .. WM 16 0 Victoria Mansions 12 0 Watties Canneries 2 0 0