COMMERCIAL

Press, Volume LXXXVIII, Issue 26887, 13 November 1952, Page 13

COMMERCIAL

STOCK EXCHANGES

AULSEBROOK PREFERENCE SELL AT 21/6 Aulsebrook’s preference issue advanced to bu mess and buyers at 21s 6d on the Christc u ch Stock Exchange yeste.day. New Ze land Newspapers lost ground to sell at 43s 9d. Markets were quiet. DOaMINION TRANSACTIONS Sa3.es on ’Change, Listed

AUCKLAND Sales—l/10/53, 2J per cent. (£4000), £9B 15s: 15/11/57-60, 3 per cent. (£465), £94; 15/8/59-61, 3 per cent. (£400), £92 10s; 15/4/60-63, 3 per cent. (£900), £9O ss; 15/7/62-64, 3 per cent. (£800), £9O; Bond. 31/5/54-58, 4 per cent. (£2000), £lOl 7s 6d; A.N.Z. Bank (150), 345; South British (100), 48s 9d, and 1150 at 48s 6d; National Timber (150), 18s 6d; Feltex, N.Z., pref. (200). 20s; Kaiapoi Wool (500), 21s 6d; Farmers’ Trading (100). 335; Fletchers, new (100), 32s 6d; Coles (250). 13s 6£d; N.Z. Drug (100), £5 7s; Mainguard (400), 3s 6d; Morris Hedstrom (200), 40s; Woolworths, N.Z., Props., pref. (200), 21s 9d; Mount Lyell (200), 20s 6d. WELLINGTON Sales Reported.—B.H P. (200), 34s 3d; J. J. McCaskey. pref., cum (250), 19s; 2J per cent., 54-55 (£500), £96 17s 6d; G. J. Coles (200), 13s 6d; Morris Hedstrom (200), 40s: N.Z. Newspapers <300), 43s 9d; 2J per cent., 54-55 (£1000), £96 17s 6d; 3 per cent., 60-62 (£500). £9O 12s 6d; 3 per cent., 63-65 (£500), £9O; 3 per cent., 64-66 (£1000), £9O; South British Insurance (475, 2 sales), 48s 6d; N.Z. Forest Products, pref., cum (200), 14s: 3 per cent., 62-64 (£300), £9O; Woolworths, Sydney (200, late Tuesday), 14s 3d. Unlisted.—Southern Cross Assurance (1000), 2s Bd. DUNEDIN Sales on ’Change.— g. J. Coles (300, 2 sales). 13s 5d and 100 at 13s 4d. Sales Reported.—3 per cent., 15/7/62-64 (£900), £9O; Felt and Textiles, Aus. (300), 21s 6d: Nat. Mortgage A (265), 7s lOd. Unlisted.—Ross and Glendining (200), 465. INVERCARGILL Sales Reported.—3 per cent., 1955-58 (£500). £95 10s; 3 per cent., 1956-59 (£250), £94. OVERSEAS EXCHANGES SYDNEY The firmer trend of share prices was less clear-cut on the exchange yesterday, when rises barely exceeded falls in a busier market. Sales.—Commercial Bank Australia, 21s 9d; National Bank, 30s; Tooheys. 225; and, new, 21s 3d; Tooths, 655; Amalgamated Wireless. 25s 9d: . Aust. Paper, 22s 3d; A. contributing, 28s 3d; British Tobacco, 32s 6d; 8.H.P., 40s 3d; Burns Philp, 58s; Colonial Sugar, £44 ss; and, new, £44; David Jones, 375; Drug Houses, 33s 9d; Electro. Zinc, 27s 6d; General Industries, 31s; Howard Smith, 27s 6d; Kandos, 34s 3d; Masonite, 41s; New Zealand Forest, Ils 7d; Mount Isa, 445; South Broken Hill. Jj3s 6d; Mount Morgan, 245; Oil Search. 2s 9d; Mercantile Insurance. 63s 3d; Anthony Hordern, 18s 3d; Berlei, 40s 6d; Bradford Cotton. 33s 6d; Feltex, 25s 3d; G. J. Coles, 15s IOJd. MELBOURNE Buyers maintained their interest in investment shares, and the tone of the market was firmer, although the majority of price variations were small. Sales.—National Bank, contributing, 18s 6d; Goldsbrough, 38s 3d; Aus. Paper, 22s 3d; A.C.1., 42s 6d; British Tobacco, 32s sd: B. 40s sd; Drug Houses. 345: Dunlop. 29s Id; Electro. Zinc, pref., 25s 6d; G. J. Coles, 15s lOd; Herald, 15s Id; Howard Smith, 27s 3d; 1.C.1., 35s 6d; Kauri Timber 29s 3d; South Broken Hill, 535; Mount Isa, 445; Mount Lyell, 23s 6d; North Broken Hill, 655; Mount Morgan, 245; Wellington Alluvials, Is 8d; Oil Search, 2s lOd.

£ S. d. Var'n. N.Z. Govt. 3 p.c. Storck. Dec., 1953-56 (£200) 97 7 6 — Sales on ’Change, Unlisted Aulsebrook, pref. (50; 130; 50; 50) .. . 1 1 6 +2d Sales Reported, Listed N.Z. Govt. 3 p.c. Stock, 162-64 (£300) 90 0 0 —— Colonial Sugar, cum (10) 38 0 0 N.C. N.Z. Newspapers (300) .. 2 3 9 -1/-

CHRISTCHURCH QUOTATIONS Buyers £ s. d. Sellers £ s. d. N.Z. Govt.— 2± p.c., 1/10/53 .. 98 12 6 — 3 p.c., 15/9/52-55 .. 97 7 6 3 p.c.. 15/5/53-56 .. 97 10 0 3 p.c., 15/12/53-56 .. 97 7 6 3 p.c., 15/4/56-59 .. 94 5 0 3 p.c., 15/4/60-62 .. 90 0 0, 3 p.c., 15/7/61-63 .. 90 0 0 —— 3 p.c., 15/7/63-65 .. — 90 2 6 4 p.c., 15/6/52-55 .. 100 17 6 4 p.c., 31/5/54-58 .. 101 10 0 Banks— Aust, and N.Z. 1 13 6 1 14 0 Comm, of Sydney — 19 0 0 E., S. f and A. 4 12 0 —— Natl, of A’asia, 12s 6d, x.d. .. 0 16 2 N.S.W. 32 10 0 Breweries— Ballins, ord. 116 119 New Zealand .. — 2 10 Frozen Meat— Canterbury, pf. .. 7 0 0 7 15 0 Gear — 16 0 N.Z. Refrig. 1 11 3 1 11 9 10s — 0 16 0 GasChristchurch 0 15 9 0 16 6 Insurance— Standard — 3 17 6 Loan and Agency— Chch. Building .. 15 0 0 16 10 0 Dalgety, c.d. —— 0 10 3 Natl. Mtge.. "A” .. — 0 8 1 N.Z.F. Co-op. 0 11 6 —■ 1st pref. 6 0 0 — pref. .« 4 11 6 — “B” pref. 4 11 6 — 4J p.c. Stk., 1960 — 97 10 0 Wright, Stephenson — 2 14 0 Shipping— Union, pref. 16 0 —— Timber— Parker, Lamb •• 0 5 3 — Woollens— Feltex 110 12 6 Mosgiel .. — 2 10 0 Timaru 12 0 14 0 Wellington, pref. .. 8 0 ,0 8 7 6 Miscellaneous— Amalg. Batteries .. 15 0 15 6 Beath and Co. 2 0 6 —— Booth, Mac. —- 0 6 0 Broken Hill Pty. .. 1 14 0 1 16 0 Claude Neon, N.Z. 1 18 0 — Col. Sugar, c.d. 37 10 0 — Courtaulds — 0 18 0 Dunlop. N.Z. —— 0 17 0 Evans Atlas — 10 0 Fletchers, c.d. — 1 13 6 Frozen Products .. — 13 6 G. J. Coles 0 13 5 0 13 6 Hay’s — 3 9 6 Henry Jones — 2 11 0 Humes, N.Z., pf. .. 110 116 J. Gadsden, pf. .. 110 — K.P. Drugs — 5 7 0 Mason, Struthers, £1 paid 1 12 3 — 14s paid 12 6 —.— 10s paid 0 16 9 —— Milliquins — 2 8 0 N.Z. Forest Prods. 0 9 8 0 9 10 N.Z. Newspapers .. 2 3 6 —— Reid Rubber 0 11 6 — Skellerup, pref. .. — 10 9 Weeks 2 0 0 —■ Whit, and Tombs — 110 Whaka. Board, ord., con. 0 3 6 — Wm. Cable — 16 3 W’worths. (N.Z.), pref. .. • • 1 14 0 ~. Zeal. Mill 1 10 0 — Aust. Mining— Mount Lyell — 116 Mount Morgan, pf. 0 16 0 0 18 9 Mining— Grey River — 0 2 9 Austral. N.Z. UNLISTED 0 0 10 STOCKS Buyers. £ s. d. Sellers. £ s. d. Aulsebrooks, pf. .. Beaths (Is pd., 19s 116 117 deposit) 1 12 0 —— Credit & Finance, 15s paid — 0 15 0 Matea Forests 0 1 11 0 2 6 N.Z. Motor Bodies 2 2 0 SHARE MARKET INDICES New York.—Dow ones (1926 equals

100):— Rails. Industry. Shares. Sept. 29 84.76 271.16 1,390.000 Oct. 31 80.26 262.55 1,490,000 Nov. 30 81.43 261.27 1,530,000 Dec. 31 81.70 269.23 1,440,000 Jan. 31 85.79 270.69 1,800,000 Feb. 29 84.87 260.08 1,000,000 March 28 92.79 266,96 1,500,000 April 30 92.81 257.63 1.190,000 May 29 97.29 262.94 1,000,000 June 30 102.73 274.26 1,380.000 July 31 103.81 279.56 1,230,000 August 11 104.40 280.29* 1,160,000 August 29 106.93 272.04 890,000 Sept. 30 100.35 270.61 1,120,000 Oct. 31 100.77 269.23 1,760,000 Nov. 6 100.86 272.58 1,390,000 Nov. 10 102.32 273.47 1,360,000 *Highes figure dr 22 years. London.—"Financial Times”: indus. ord. (1936 equals equals 100): — 100): Govt, and gold (1926 Indus, ord. Govt. Gold. Aueust 31 .. 133.0 101.98 109.88 Sent. 29 134.6 101.37 110.56 Oct. 31 .. 132.7 101.30 111.37 Nov. 30 .. 126.3 98.36 104.20 Dec. 31 .. 129.1 96.01 101.30 Jan. 31 .. 114.1 96.16 98.49 Feb. 29 .. 110.6 94.62 104.40 March 28 .. 106.9 93.33 96.90 April 30 .. 113.5 94.34 38.27 Mav 29 .. 105.4 91.73 89.23 June 30 . I 0 * 6 41 O' 1 July 31 .. 110.2 97.62 97.95 Aug. 29 .. 117.5 95.19 97.43 Sept. 30 .. 113.2 93.74 92.94 Get. 31 .. Ila.3 95.04 90.59 Nov. 3 .. 113.4 95.04 90.43 Nov. 8 .. 112.9 94.99 89.58 Nov. 10 .. 113.1 94.86 88.53 Nov. 11 .. 113.3 94.86 87.98