COMMERCIAL

Press, Volume LXXXVIII, Issue 26869, 23 October 1952, Page 13

COMMERCIAL

STOCK EXCHANGES BUSINESS RESTRICTED TO THREE LISTINGS church^st/J^iS/S 11 away on tbe Christ2™£™. st k Exchange yesterday, when oS 1 nf r^ ere rertr ‘cted to three listings, being VIS le P orded transactions being anrirntwi /^* e ttie Previous day. Felt to sen 2f s < 6 d UStr,,lia> tmproved sharply dominion transactions CHRISTCHURCH Sales on ’Change, Listed N.Z Insurance <23; £ S ’ d ’ Var,n ’ Felt and T al ?“i ® eporte ® : Ustca ° N ’ & F ,?2?. Textiles (Aust.) <lOOl. (late sale Tuesday) .. i n R ~,- Hetcher Holdings (406 j £l4 0 &.C AUCKLAND' 108- al ls/V^ 1 ?f? 3, -R 2l perccnt - £9B 2s 6d- IS/12/St 4 ? er CSnt - (£7sO >’ £97 2s M- IS/l/m’m’'? Per Sent ' (£3so >, £97 2s 6d- IwSfcSn 3 ?? r cent ’ <£B<X». £9O g f <™.‘; 100) Pf m N « w Zealand Insurance tta- nt x 10 s ’ South British (200 ) 49s BuiidfnS’ tO r l A K ! ng <200), Ils 3d; United TotlrL <A u?Wand) (500), 21s; Taupo OTO) S. «rt- ( nl' r 4S , M: Consoi - Br <el' at» o 4irf. r?'. P ental and Medical (loo), at 3&: 338 *>, and 400 Wnolw^n.? 0 ? Roller (38 ’>. 29s 6d; worthT N h Z.^W? y ii 3 "d ) : 145 10id: W°Ol- -! ,_Al ; x Harvey, rts. (100), 12s; 2nd Northern Invest. Trust (300), 21s 6d. ... „ , WELLINGTON Late Sales.—Tuesday: 3 per cent 1957M £2? 3 P per c?nt„ S (400 9 ,< S ?^ th m British Insurance (Si 2. il 4 ? 5 , 6d: Taupo Totara, rts. <5O). 4s 6d; Dental and Medical (100), 33s lef N . ew Zealand Brewerrsni .2' OJ South British Insurance looi & S’IS Textiles, Aust, isuii 23 ?n® d ’ W.F.C.A., Ltd., pref. (200), <?nn? d 'o. Wl ?n ?able Holdings, contrib. <4ook 2?s : Woolworths N.Z. Prop., pref. 33s a 9d Beport ' d - —Fletcher Holdings (100), - , DUNEDIN ..J® ®n 'Change.—3 per cent., 15/12/55- i S £M 2s 6d; 3 P er eent > 15/7/62Electro - zlr >e. pref. (100), i 235, Electro Zinc. pref. (100), 22s 9d. < re Sa? B S?S rt^~ 3 per cent - 15/12/53-56 I per ceat - 15/9/57-60 (£200), £94; Aust, and N.Z. Bank (300), ’ 33s 6d; Bank New South Wales (10), £32 1 16s; Gear Meat (300), 25s 6d; South Bri- 1 tish Insurance (50). 49s 6d; Electro. Zinc < eis^Sd 358 3d ’ National Bank (109), *

OVERSEAS EXCHANGES SYDNEY Falls affected a number of prominent stocks on the Exchange yesterday. Sales.—Commercial Bank of Sydney, £22 6s; Bank of New South Wales, £37 2s 6d; Ampol, 8s 8d; Aust. Paper, 235; Aust. Consol. Ind., 435; Bradford Cotton, 33s 6d; Colonial Sugar, £44 ss, and new, £43 7s 6d; Courtaulds, 20s 3d; Farmers, 435; 1.C.1., 365, and old 365; Morts Dock, 20s 6d; Woolworths, 17s IJd; New Broken Hill, 295; North Broken Hill, 72s 6d; Mount Morgan, 22s 9d; British Tobacco, 325; 8.H.P., 41s 3d; Burns, Philp, 57s 6d; Drug Houses, 33s 6d; Dunlop, 295; Feltex, 26s 9d; Mauri Brothers, 49s 3d; Taubmans, 13s 4d; Mount Isa, 44s 3d; South Broken Hill, 60s 9d; Bulolo, 655. MELBOURNE Falls slightly outnumbered rises, but most price movements were small and sales were a little higher. Sales.—A.N.Z. Bank, 38s; National (20s paid), 28s 9d; Goldsbrough, 37s 6d; Aust. Paper, 22s 9d; British Tobacco, 325; 8.H.P,. 41s 3d; Courtaulds, 20s sd; Dunlop, 295; Electro. Zinc, 26s 9d; G. J. Coles, 16s; Gordon and Gotch, 20s 6d; 1.C.1., 365, and pref., 20s; New Zealand Forest, 12s; South Broken Hill, 60s 6d; New Broken Hill, 28s 6d; North Broken HilL 72s 6d; Mount Morgan, 225. LONDON Banks and Debentures.—A.N.Z. Bank, sale 32s 3d; Comm. Bank of Aust, buyer 15s 6d, seller 17s 6d; E.S.A. Bank, sale 89s 6d; Bank of New South Wales, sale £29 7s 6d; British Tobacco, buyer 24s 6d, seller 25s 6d; Goldsbrough Mort, sale 28s lOJd; Dalgety, buyer 9s 3d, seller 9s 9d; National Bank of New Zealand, sale 57s 10jd; Dalgety, 1955-70, buyer £B9, seller £9l (x.d.); New Zealand Loan and Mercantile, 4 p.c. debs., buyer £76. seller £7B, ordinary stock, buyer 21s 6d, seller 22s 6d; P. and O. deferred, middle price 50s 71d. Minings—Broken Jim, South,. -46 s 6d; Consol, zftic, 25s ffd; Mount Isa, 345.

CHRISTCHURCH QUOTATIONS Buyers. Sellers E . d. £ . d N.Z. Government— 2J p.c., 1/10/53 .. 98 7 6 98 12 6 3 p.c., 15/9/52-55 -.. 97 0 0 97 5 0 3 p.c., 15/5/53-56 .. 97 2 6 mm 3 p.C., 15/12/53-56 .. 97 0 0 MM 3 p.c., 15/4/56-59 .. 93 17 6 M— 3 p.c., 15/11/57-60 .. 93 17 6 MM 3 p.C., 15/8/59-61 .. 92 0 0 MM 3 p.c., 15/4/60-63 .. 89 10 0 mm. 3 p.c., 15/7/61-63 .. 90 0 0 MM 3 p.c., 15/7/62-64 .. 90 10 0 MM 4 p.c., 15/6/52-55 .. 100 12 6 MM 4 p.c., 31/5/54-58 .. 101 0 0 MM Banks— Aust, and N.Z. — 1 14 0 Comm, of Aust. .. _m 0 18 6 Comm, of Sydney — 18 15 0 Nat. of A’asla., 12s 6d, c.d. 0 16 9 Natl, of N.Z. .. 2 19 6 3 3 6 N.S.W., c.d. . — 33 0 0 Breweries— Ballins, ord. .. 1 1 3 1 2 0 Pref. .. .. 1 0 6 1 1 0 Carlton .. mm 1 10 0 New Zealand .. 2 1 0 2 1 6 Coal— Pukemiro . • — 1 13 0 Canterbury .. 16 15 0 MM Canterbury, pref. .. 7 15 0 Gear m— 1 6 0 N.Z. Refrig. —~ 1 12 0 10s 0 16 0 Nth. Canty., pref. 1 1 4 MM Gas— Auckland .. 0 6 6 _ Christchurch •. 0 16 0 0 17 0 10s paid . • — 0 6 9 F.A.M.E. . .. 1 5 9 National 1 2 7 New Zealand .. 5 9 0 5 10 0 South British, c.d. 2 9 0 MM Standard 3 19 0 Loan and Agency— Chch. Building 0 17 0 Dalgety — 0 10 5 Goldsbrough, Mort. 1 14 6 Invincible Bldg. .. —— 5 0 0 N.Z.F. Co-op. ,, 0 11 4 MM 1st Pref. .. 6 0 0 MM *'A” pref. . • 4 10 0 MM “B” pref. .. 4 10 0 MM 4J p.c. Stk., ’69 .. — 97 15 0 4J p.c. Stk., ’59 .. 97 10 0 S.I. Fin., x.d. .. 1 1 6 1 4 0 United - Bldg. .. 0 19 0 Wright, Stephenson — 2 15 3 Wright, Stephenson, pref. .. . • mm 1 3 0 Shipping— Union, pref. «• 1 8 0 MM Timber— Kauri .. - 1 8 0 Parker, Lamb 0 5 3 Taupo Totara .. m— 2 0 0 Woollens— Yarra Falls .. — 1 17 0 Feltex .. 1 3 0 1 3 9 Kaiapoi .. 1 1 0 1 2 3 Pref. ... 1 1 6 1 3 6 Korma, pref. 0 16 0 Mosgiel 2 10 0 L., W. Rudkin .. 2 14 0 Pref. .. .. 1 2 0 1 2 6 Timaru — 1 4 0 Wellington — 8 12 6 Pref. .. .. —— 8 15 0 Miscellaneous— Amalg. Batteries 1 5 0 MM Ampol — 0 8 0 Aust. C.I. — 1 17 6 A’sian. Paper 1 1 0 Beath and Co. .. 2 2 6 2 6 0 Booth, Macdonald 0 6 0 Broken Hill Pty., c.d. ... .. 1 15 0 1 15 9 Colonial Sugar 38 12 6 Courtaulds 0 18 6 Dom. Fert. .. 1 10 9 —M Donaghy’s Rope .. 2 19 9 D.I.C., 10s paid .. 1 13 3 M— Dunlop, N.Z. .. 0 16 0 MM Pref. MM 0 17 0 Electro. Zinc, ord.. x.d. 1 5 0 Pref., x.d. 1 3 0 Evans Atlas 1 1 0 Farmers’ Trading 1 15 0 Frozen Prod, x.d. 1. 1 0 1 3 6 Gordon, Gotch 0 19 6 G. J. Coles .. 0 13 6 0 13 0 Hallensteins 1 9 0 Howard Smith .. 1 3 0 1 5 0 Hay’s .. .. 3 7 0 3 11 0 Henry Jones 2 8 0 Humes 1 11 6 Humes, N.Z., pref. 1 1 0 MM New .. .. 1 0 9 1 1 0 A.C.I., A., N.Z. .. ‘ 1 13 9 J. Gadsden, pf. .. 1 1 e MM K.P. Drugs 5 11 0 Maling, pref. 1 1 0 Mason, Struthers, £1 paid .. 1 12 0 MM 14s paid .. 1 2 6 ■■ 10s paid 0 17 0 Millaquin Sugar .. 2 1 0 2 9 0 McCaskey, pref. .. 0 19 8 McKenzies 0 13 2 McLeod 2 10 6 N.Z. Fert., pref. .. 1 0 MM Forest Products .. 0 9 9 0 10 3 Norvic Shoes 0 15 0 Quill, Morris 1 0 3 Otago Dally Times 2 3 0 Reid Rubber .. 0 11 0 —- Silknit .. 0 18 9 MM

Buyers. £ s. d. Sellers. £ s. d. Simp, and Williams Skellerup, pref. .. 2 15 0 3 0 0 10 9 Whit, and Tombs .. __ 12 6 W’worths, ord. 0 14 6 0 15 0 N.Z., ord. W. R. Cooke 0 7 0 0 19 ’6 Aust. Mining— Mount Lyell .. 10 0 10 6 Mount Morgan 1 1 0 Pref. 0 19 6 Mining— Grey River Martha 0 3 3 0 3 0 Austral, N.Z. UNLISTED 0 0 6 STOCKS 0 10 Carbonic Ice 3 4 6 Empire Rub. Mills —— 3 3 0 Matea Forests 0 2 9 Prudential Bldg. .. Reece, Ltd., E., ord. Pref 0 10 0 11 0 110 Rink Invest. —_ 1 12 0 Rotovators Tingey, ord. Victoria Mansions oil 6 12 0 12 0 Watties Canneries, c.d. 3 0 0 —