COMMERCIAL

Press, Volume LXXXVIII, Issue 26886, 12 November 1952, Page 11

COMMERCIAL

STOCK EXCHANGES ONLY ONE SALE RECORDED The low level of business activity apparent in Christchurch yesterday permeated to the stock exchange, which recorded only one transaction, the sale of a parcel of Kaiapoi Woollens at the unaltered price of 21s 6d. Wool worths (N.Z.), ordinary, quoted the previous day at 17s 6d (buyers) and 18s 9d (sellers), fell 6d in buyers’ quotations and Is 6d in sellers’. Sellers of Aulsebrooks preference issue raised their limits to 21s 9d, but buyers were steady at 21s 4d. DOMINION TRANSACTIONS CHRISTCHURCH Sales Reported, Listed £ s. d. Var’h. Kaiapoi Woollens (500) 1 1 6 N.C. AUCKLAND Sales.—l/10/53, 2J per cent. (£2000), £9B 15s; 15/9/52-55, 3 per cent. (£500), £97 7s 6d; 15/8/59-61, 3 per cent. (£300), £92 7s 6d; N.Z. Breweries (200), 40s 9d; South British Insurance (600), 48s 9d; Korma, pref. (200), 15s 3d; Consolidated Brick (200), 9s 6d; Fletchers, new (250), 32s 6d; Toppa Ice (100), 6s Id; Whakatane Board (200), 18s 6d. Unlisted: Alex. Harvey, rights (240), Ils; Auckland Farmers’ Freezing (120), 245. WELLINGTON Sales Reported.—N.Z. Breweries (100), 40s 9d; Aulsebrooks, pref. (150), 21s 6d; 3 per cent., 1964-66 (£300), £9O. DUNEDIN Sales Reported.—-National Insurance (400), 225; National Mortgage “B” (200), 225; National Mortgage “A” (200), 7s lOd; N.Z. Breweries (200 f 40s 9d; Mosgiel Woollen (200), 498. INVERCARGILL Sales Reported.—N.Z. Refrig, (100). 31s 6d; South British Insurance (50), 49s 6d; Mackintosh, Caley (100), 31sOVERSEAS EXCHANGES SYDNEY Stock showed a further tendency to improve on the exchange yesterday. Sales.—National Bank, contributing, 18s 6d; Commercial Bank of Sydney, £2l 6s; David Jones, 375; Electro 1 . Zinc, 275; G. J. Coles, 16s; Dunlop, 29s 3d; Mount Isa, 44s 3d; Australasian Paper, 225; South Broken Hill, 52s 9d; Tooheys, 225; Tooths, 65s 3d; Amalgamated Wireless,' 25s 6d; Anthony Hordern, 18s 3d; A.C.1., 42s 9d; Broken Hill Proprietary, 40s 3d; Feltex, 25s 3d; Goldsbrough, 38s 3d; Mort’s Dock, 20s 6d; Associated Newspapers, 13s 6d; British Tobacco, 31s 9d; North Broken Hill, 64s 9d; Howard Smith, 27s 6d; 1.C.1., 365, and contributing, 16s 9d, and pref., 19s 9d; Woolworths, 16s IOJd. MELBOURNE Investment shares were in demand, and the undertone of the market was firmer. Sales.—Commercial Bank, 21s; Goldsbrough, 37s 6d; Australasian Paper, 21s lid; A.C.1., 42s 4d; British Tobacco, 31s 8d; Broken Hill Proprietary, 40s 3d; Courtaulds, 20s 2d; Drug Houses, 33s 6d; Dunlop, 295; Electro. Zinc, pref., 255; Feltex, 25s 2d; G. J. Coles, 15s 9d; 1.C.1. (1950), 35s 9d; Woolworths, 16s 9d; South Broken Hill, 52s 6d; Mount Lyell, 245; North Broken Hill, 64s 9d; Emperor, 7s 6d; Mount Morgan, 23s 9d; Oil Search, 3s; Loloma, 26s 3d. LONDON Mining: Broken Hill North, 50s; Broken Hill South, 40s 3d; New Broken Hill, 235; Consolidated Zinc, 25s 6d; Mount Lyell, 19s; Mount Isa, 34s 3d. CHRISTCHURCH QUOTATIONS

SHEEPSKIN SALE AT AUCKLAND (New Zealand Press Association) AUCKLAND, November 11. Dry sheepskins sold at the Auckland auction today failed to reflect the improvement in wool values at the opening sale earlier in the week. Prices were generally slightly easier than those at the last Auckland auction on October 14. Salted sheepskins, however, showed a generally stronger tone. Full-woolled skins sold up to 26s 3d a skin—the best level this year—but in skins carrying less wool the improvement was proportionately lower. A stronger demand also existed for hides, and prices were in many cases at their highest level of the year. Top lines of Auckland abattoir yearling hides sold at per lb, and country butchers cow hides made up to 22d.

Buyers £ s. d. Sellers £ s. d. N.Z. Govt.— 2J p.c., 1/10/53 .. 95 12 6 WWW 3 p.(*.. 1/8/51-54 .. 98 12 6 WWW 3 p.c., 15/9/52-55 .. 97 7 6 —M 3 p.c., 15/5/53-56 .. 97 10 0 MW 3 p.c., 15/12/53-56 .. 97 5 0 WM 3 p.c., 15/4/56-59 .. 94 5 0 WM 3 p.c., 15/8/59-61 .. 92 0 0 MW 3 p.c., 15/4/60-62 .. 90 2 6 WM 3 p.c., 15/4/60-63 .. 90 2 6 90 7 6 3 p.c., 15/7/61-63 .. 90 2 6 90 10 0 3 p.c., 15/7/63-65 .. 90 0 0 34 p.c., 15/9/57-60 .. 94 5 0 3i p.c., 15/1/53-57 .. 98 5 0 98 10 0 4 p.c., 15/6/52-55 .. 100 17 6 MW 4 p.c., 31/5/54-58 .. —— 101 10 0 Banks— Aust, and N.Z. 1 14 6 Comm, of Aust. .. 0 17 9 0 18 3 Comm, of Sydney ■ ■ 19 0 0 Natl, of A’asia, 12s 6d, c.d. WWW 0 16 9 N.S.W., x.d. wm 32 10 0 Breweries— Ballins, ord. .. 116 12 0 Dominion .. MW 3 4 0 Carlton MW 17 0 New Zealand •. —— 2 10 Frozen Meat— Gear .. .. — 16 0 Christchurch .. 0 15 9 0 16 6 10s paid .. —. 0 6 6 Insurance— National, c.d. .. __ 12 8 New Zealand 5 9 0 5 11 0 South British .. WM 2 9 6 Standard WM 3 17 0 Loan and Agency— Chch. Bldg. — 16 10 0 Dalgety, c.d. —W 0 10 0 Natl. Mort. “A” .. 0 7 9 0 8 1 “B” WM 2 2 0 N.Z.F. Co-op. 0 11 6 WM “A” pref. .. 4 11 6 — “B” pref. 4 11 6 — 4| p.c. Stk., 1960 — 97 10 0 4J p.c. Stk., 1959 —W 97 10 0 Perman. Invest. .. 10 0 0 WM United Building .. 0 19 5 — Wright, Stephenson WM 2 14 0 Pref. —M 13 0 Timber— Parker, Lamb 0 5 3 — Woollens— Feltex 110 12 6 Kai.apoi 110 12 0 Mosgiel — 2 10 0 L., W.. Rudkin .. WM 2 14 0 Pref. — 12 2 Timaru .. 12 0 13 6 Wellington, pf. .. 8 0 0 8 5 0 Miscellaneous — Amal. Batteries .. 15 0 WM A. Paper, Pulp .. — 0 19 6 Beath and Co. 2 0 6 — Beggs —M 1 18 6 Booth, Mac. MW 0 6 0 Broken Hill Pty. .. — 1 14 9 Col. Sugar, c.d. .. 37 10 0 — Courtaulds WM 0 18 0 Dunlop, N.Z. WWW 0 17 0 Electro. Zinc, ord. WM 14 0 Pref. MW 12 9 Evans Atlas wm 10 0 Fletchers, c.d. WWW 1 13 6 G. J. Coles .. 0 13 6 0 13 9 Greater Crystal .. 0 19 6 WM Hallensteins WM 19 0 Holeproof 0 4 9 0 5 6 Hay’s WM 3 9 6 Henry Jones, c.d. 2 8 0 2 11 0 Humes W— 1 11 6 Humes, N.Z., pf. 110 J. Gadsden, pf. .. 110 WWW K.P. Drugs WM 5 8 0 Maling, pref. — 110 Mason, Struthers, £1 paid 1 12 0 14s paid 1 2 6 WM 10s pd. 0 16 6 MM McCaskey, pf., c.d. —m 0 19 6 Midland Motors, pf. — 110 Milliquins — 2 7 9 Morts Dock 0 16 9 0 19 0 N.Z. Forest Prod. 0 9 11 N.Z. Newspapers .. 2 3 0 Norvic Shoes 0 15 6 Otago Daily Times 2 2 6 Quill Morris WM 10 3 Reid Rubber 0 11 6 WM Simpson and Williams MW. 3 0 0 Skellerup, pref. .. 10 5 10 9 Weeks 2 0 0 WM Whakatane, pref. .. 116 Ord., con. 0 3 6 Whit, and Tombs WM 1 1 0 Wm. Cable WWW 16 2 Woolworths, ord. .. 0 14 4 0 14 9 (N.Z.). ord., c.d. 0 17 0 0 17 3 Pp.. pf. — 12 0 W. R. Cooke 0 7 0 Zeal. Mill 1 10 0 Aust. Mining— Mount Lyell 10 3 116 Mount Morgan, pf. 0 16 0 0 19 0 Mining— Grey River — 0 2 9 Austral, ’ N.Z. 0 0 10 — . UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Aulsebrooks, pref. 114 119 Beaths (Is pd., 19s deposit) 1 12 0 Carbonic Ice w ■ 3 4 6 Matea Forests 0 19 N.Z. Motor Bodies 2 2 0 Reece, Ltd., E., ord. 0 10 Reece, Ltd., E., pf. 0 11 0 Rink Invest. — 1 12 0