COMMERCIAL

Press, Volume LXXXIX, Issue 26985, 10 March 1953, Page 7

COMMERCIAL

STOCK EXCHANGES WEEK OPENS QUIETLY Markets opened the week on the Christchurch Stock Exchange on a quiet tone yesterday. Dealings were restricted to a few stocks. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change: Listed a »r, r, , £ s. d. Var’n. A, N.Z. Bank (100, 150) 1 13 0 —6d Christchurch Gas (250) .. 016 0 -f-6d Sales Reported: Listed Woolworths, N.Z. Props., pref., c.d. (500) .. 1 1 9 N.C. „ , AUCKLAND Sales.—ls//9/52-55, 3 per cent. (£500). £9B 12s 6d: 15/7/63-65, 3 per cent. (£1090), £9O ss; A.N.Z. Bank (200), 335; Comm. Aust. (200), 18s 7d; Natl. Insurance (oOO), 21s; South British (400), 49s 9d; P. and O. Def., London reg. (2000), 58s 9d; Korma (150), 9s, and pref. (100), 14s 3d; £ le &°- Zine (100) ’ 23s > and (100), ~ d; Fletchers (200). 28s; Woolworths (N-Z.) l ?s 9d, and Woolworths, Ltd. (100), 14s. Unlisted.—Hellabys (450), 66s;’ North Shore Transport (100), 12 s 9d. WELLINGTON Sales.—Late Friday: N.Z. Forest Prod. (400). 10s. Unlisted.—Consol. Brick, pref. (150), 16s. Yesterday: 3 per cent., May, 1953-56 (£200), £97 10s; Woolworths N.Z., 2 sales (700), 17s 9d: 3J per cent., 1953-57 (£200), £9B 2s 6d; 4 per cent., 1954-58 (£500), £lOO 15s; Tui Brewery (100), 20s lOd; N.Z Insurance (25), £5 11s; South British Insurance (200), 49s 9d; N.Z. Guarantee (100), 2s; Taupo Totara, odd lot (70), 365; Korma N.Z., ord. /150), 9s; Wm. Cable Holdings (500), 2 sales, 25s 9d; 3 per cent., 1956-59, 2 sales (£1200), £95 7s 6d. DUNEDIN Sales Reported.—Natl. Mort. “A” (500), 7s 9d; A.C.I. (200), 365; Wilson’s (N.Z.) Cement (500), Ils 9d; 4 per cent., 195255 (£510), £lOO 10s; Natl. Insurance (300), 21s Id; 3 per cent., 1963-65 (£690), £9O ss. Unlisted.—Pacific Forests (120), 10s. OVERSEAS EXCHANGES SYDNEY Most shares sold at steady prices in a sparse list of sales on the Sydney Stock ■Exchange yesterday. Sales.—Commercial Bank of Sydney, £2O 19s; Bank of New South Wales, £37 7s 6d; Tooheys, ex div., 26s 6d; Tooths, 70s 9d; Associated News., pref., 17s 3d; Australasian Paper, 19s; A.C.1., ex div.. 445; British Tobacco, 355; Broken Hill Pty., 425; Colonial Sugar, £45;. Courtaulds, 22s 6d; Drug Houses, 37s 9d; Dunlop, ex div., 30s 4Jd; Woolworths, 16s 9d. MELBOURNE The Melbourne Stock Exchange was closed yesterday because of a public holiday. CHRISTCHURCH QUOTATIONS

Buyers. £ s. d. Sellers. £ s. d. N.Z. Govt.— 2J p.c., 1/10/53 .. 100 2 6 — 2} p.c., 15/8/54 .. 97 0 0 2J p.c., 15/6/54-55 .. 97 5 0 3 p.c., 1/8/51-54 .. 98 7 6 —— 3 p.c., 15/9/52-55 .. 98 12 6 — 3 p.C., 15/5/53-56 .. 97 5 0 3 p.c., 15/12/53-56 .. 97 0 0 — 3 p.c., 15/2/55-58 .. 95 5 0 «»> 3 p.C., 15/4/56-59 .. 95 0 0 •— 3 p.c., 15/11/57-60 .. 93 12 6 3 ’ p.C., 15/8/59-61 .. 92 5 0 92 10 0 3 p.c., 15/4/60-62 .. 92 7 6 — * 3 p.c., 15/7/61-63 .. 90 10 0 — 3 p.C., 15/7/63-65 .. 90 0 0 — 3 p.c., 15/5/64-66 .. 90 0 0 — 31 p.c., 15/1/56-59 .. 95 10 0 —— 31 p.c., 15/9/57-60 .. 95 12 6 —— 31 p.c., 15/1/53-57 .. 98 0 0 —• 4 p.c., 15/6/52-55 .. 100 5 0 w* Banks— Aust, and N.Z. 1 13 0 1 13 6 Comm, of Aust. .. 0 18 3 0 18 9 National of N.Z. .. 3 6 3 New South Wales — 32 0 0 Breweries— Ballins, ord. * .. 12 6 13 0 Pref. 10 9 — Dojninion .. 3 5 0 — New Zealand •• 1 18 6 1 19 3 Tooths .. — 2 18 6 Frozen MeatCanterbury .. 20 0 0 N.Z. Pefrig. . . 1 11 0 1 11 6 10s 0 15 0 0 15 6 North Canty., pf. .. 110 — Southland 2 18 0 — Christchurch 0 15 9 0 16 0 10s paid 0 6 3 — Timaru 0 19 0 10 3 Insurance— National 110 — South British 2 9 0 2 10 0 Standard 3 12 6 3 14 6 Loan and Agency— C.F.C.A., ord. 15 0 17 6 Stock — 100 10 0 Dalgety 0 9 9 —— Invincible Bldg. .. —. 4 19 0 Mutual Benefit 15 0 Nat. Mort., A .. — 0 8 1 N.Z.F. Co-op. 0 11 10 0 12 3 A pref. — 4 15 0 41 p.c. Stk., 1960 95 0 0 — 41 p.c. Stk., 1955 95 0 0 —— N Z. Guarantee 0 2 2 Perm. Invest. 10 15 0 — South Is. Finance — 17 0 Weight, Stephenson — 2 14 0 Pref. 12 3 —. Shipping— USion, pref. 14 6 15 0 Timber— Kauri — 14 0 Parker, Lamb 0 5 6 Woollens— Bruce 1 15 0 1 17 6 Feltex 12 6 14 0 Feltex, N.Z. 14 9 Kaiapoi 10 6 — L.. W., Rudkin .. 2 11 0 — Pref. 119 12 0 Oamaru 1 18 6 — Timaru . 119 12 0 Misceilaneous-r-Amal. Batt. 13 9 — Ampol — 0 7 9 Andersons, 1st pf. 110 — Aulsebrook, pf. .. 12 0 — A.W.A., rts. 0 8 4 0 8 9 Avon Metal —. 0 17 6 Beath and Co. 2 10 • — Beggs — 1 18 0 Booth Mac. 0 4 9 0 5 6 B.H.P. 1 14 3 1 15 0 Colonial Sugar 37 0 0 37 17 6 Consol. Brick 0 9 3 — Courtaulds 0 18 3 — D.I.C.. pref. 1 2 0 —- Dunlop. N.Z. 0 14 11 — Pref.0 14 0 — Electro. Zinc, pf.... — 1 4 0 Frozen Prod. — 0 6 9 G. J. Coles 0 14 0 0 14 5 H. Berry, ord. 110 — Pref. 110 116 Hay’s — 3 7 6 Humes, N.Z., pref. 110 — New 1 0 9 — J. Gadsden, pref. .. 110 — K.P. Drugs, x.d. .. 4 17 0 —- Maling, pref. — 1, 1 0 McKenzies 0 13 0 — McLeod 2 7 0 Mid. Mot.,- pref. .. — 10 9 M.K. Mfrs. 0 12 8 — Mor. Hedstrom 2 1 0 *— N.Z. For. Prod. 0 9 10 * 0 10 3 Norvic Shoes —- 0 19 9 Otago Daily 2 3 6 2 4 6 Quill. Morris 0 19 0 10 3 Skellerup, "pf., c.d. —— 10 9 Tinge?,, pref. —— 15 6 Weeks, pref. 110 Wilson Malt — 1 4 0 Whakatdne, ord. .. 0 16 9 0 18 0 Pref. 0 19 6 1 I 6 Wil. Cement, new 0 11 6 0 11 11 W’worths. ord. 0 13 9 0 14 .2 N.Z., ord. 0 17 6 0 18. 0 Prop., pf., c.d. .. 1 1 0 —_ W. R. Cpoke 0 7 7 — Zeal. Mill 1 10 0 Aust. Mining— Mount Lyell —— 0 18 0 Mt. Morgan, pref. 0 17 6 Placer 16 0 0 Mining— Arahura 0 18 6 __ Grey River 0 2 1 0 3 0 Martha 0 12 0 13 Austral N.Z. 0 3 1 — UNLISTED STOCKS Ass. Mot. Pet., pf. 1 12 0 Beaths jls pd.. 19s deposit) 1 11 6 — Consol. Brick, pf. -— 0 17 0 Canty. Seed — 1 13 6 Carbonic Ice •• — 3*0

Buyers. £ s. d. Sellers. £ s. d. Credit and Fin. s £1 pd. — 10 3 Mack., Caley, Phoe. 19 0 1 11 0 Masonite Def., 2s 6d pd. — 2 18 0 Matea Forests - .. 0 2 0 ww M.L.C. 3 18 0 N.Z. Fisheries __ 0 10 0 N.Z. Motor Bodies —— 2 0 0 Prud. Bldg. —_ 10 6 Reece. Ltd., E.. pf. 0 11 6 — Scales "C,” pref. .. 0 5 0 Smith Wylie 0 17 0 12 0 Tekau Knitwear .. __ 14 0 Victoria Mansions 16 0 __ Watties, new, fully paid —• 1 16 fr