COMMERCIAL

Press, Volume XC, Issue 27442, 31 August 1954, Page 15

COMMERCIAL

STOCK EXCHANGES WEEK OPENS QUIETLY ] were quiet but firm on the i Stock Exchange yesterday, i „ * re ** ,rt jed dealings were restricted to i ® lew stocks. i DOMINION TRANSACTIONS '

„ , AUCKLAND 1 Friday: 100 Newton King, 1 I’ 3 6d;loo Bruce Wool. 43s 6d: 100 B.H. . reg) ’ 353 100 Dunlop N2., ! “ s 3 2„ Y , esterd, y : £lOOO. 15/2/55-58. 3 P.-®-’ £66 Ils 6d; 100 N.Z. Insurance, £6 , Us 3d, and 250 £6 Ils 0d; 50 Taupo Totara, 50s; 200 Feltex N.Z., 35s 6d; 250 Korma, 18s; 225 Berlei Ind., 42s 6d; 300 1 Dunlop. Aust., 265; 50 Fletchers, 42s 6d; . ?. u ’2 es -/ ss . M: 50 N- 2 - DruB ’ £e 10s; 666 McKendrick, 2Cs; 200 McKenzies, 20s 6d; 100 Farmers’ Fert., pi., 25s «d: 1300 ToPPa, 5s 3d; 300 Whaka Bd„ pi.. 22s 9d; J 6d m ‘ Cable ' Ms; 500 Woolworths. Ltd., , Unlisted.—7so Matea Forests/ 3s 6d. _ , WELLINGTON Friday: 222 Taupo Totara, ■ 60s; 200 Humes. Ltd., 455. Unlisted: 100 Tekau Knitwear, 25s 6d. Yesterday: £l5OO 3 per cent. Stock. 1052-55, £lOO £”00, May, 1953-56. £99; £755, , 1957-60, £94 17s 6d: 200 Coranl. Bank Aust 17s 2d; 200 N.Z. Breweries, 49s 3d; J2° Insurance, £6 Ils 3d; 100 Timaru Wool, 325; 500 N.Z. Industrial Gases, pref., ?? s^, 7d: „ 2 ? 0 Frocera N.Z.. 8s; 200 Wm. ' Cable Holding. 335; 811 Woolworths, Ltd., rights (2 sales), 10s lOd. , _ , _ DUNEDIN ~s a lss.—Late Friday: 50 Ross and Glendining. 57s 6d; 200 Humes. Ltd., 455. Reported.—lso Timaru Wool 325; 100 T}P Top Ice, 225; 360 Williamson Jeffery (2 sales). 28s. OVERSEAS EXCHANGES SYDNEY On the Sydney Stock Exchange yesterday industrial leaders were mostly steady in a market that continued to make quiet progress. Uranium and oil groups were quiet. Sales.—Comml. Banking. Sydney, £2O 8s; Comml. Bank. Aust., 20a; Bank New South Wales. £39 2s 6d; Tooths. 84s 6d; A.C.1., 51s 6d; Colonial Sugar. £43; Drug Houses, 35s 6d; Masonite, 53s 6d; Anthony Hordern, 2te 9d; Aust. Paper Mfrs., 22s IJd; 4os 6d; British Tobacco, 33s 6d; •Courtaulds, 21s 4Jd; General Ind., rights, 3s 3d; Coles, 19s; Gordon and Gotch, 19s 3d, and rights, 13s 9d; Woolworths, 19s 3d, and rights. 13s sfl; Wilcox Mofflin, 6s; Broken Hill Pty., rights, 9s 2d; South Broken Hill, 67s 6d; Ampol Petroleum, 30s 6d; Ampol Exploration, paid,<66s; Assoc. Freney, 9s 9d; Oil Search MELBOURNE The investment market was quiet at Melbourne yesterday, but rises exceeded falls. The mining section was easier on a small turnover. Sales.—Consol. Zinc, 46s 9d; Mt. Lyell, 19s lOd; New BJH., 355; Mt. Morgan, pref., 12s lOd; Oil Search, 22s 9d; G. J. Coles, new, 19s; Oil Search, new, F. pd., 225; Goldsbrough, 435; Carlton Brewery, 37s 9d; Ampol Petroleum, 30s sd; Assoc. Pulp, 265;. Bradford Cotton. 40s; BJHJ*., 40s 3d, and rights 9s 2d; Drug Houses, 35s 6d; Dunlop, 33a 3d; Electro. Zinc. 35s 3d; Felt and Textiles, 33s 9d; G. J. Coles, 19s 2d; Gordon and Gotch. rights, 13s 9d; Huddart Parker, pref., 23s 3d; Humes. 565; I.CX, A.N.Z., 36s 3d, and new, 35s 6d; Myer, 13s 9d; N.Z. Forest, 18s 3d; Olympic Consol/ 9s 2d. CHRISTCHURCH QUOTATIONS N.Z. Govt. Stock—

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- CHRISTCHUBCH 300 Lane, Walker, Rudkin Industries £ s. d. 2 0 0 Var’n. N.C. Council, 41 D.c., Listed 100 15 0 £500 Mt. Albert Borough Council, 41 p.c.» 305 NX: 1 ® 85 “ * 100 15 0 100 Bruce Woollens 200 Korma Textiles, 2 3 8 ord. 300 LCJ., A., N.Z.. pf. 0 0 18 18 0 0 N.C. 380 l2^sai nSOn J*® ery N.C. 75 Woolworths* Ltd.*, rights 0 10 10 N.C.

Buyers. Sellers. £ s. d. £ s. d. 3 p.c., 15/5/53-56 .. — 99 2 8 3 p.C., 15/2/55-59 .. 96 10 0 — 3 p.C., 15/4/56-59 .. 96 7 6 97 0 0 3 p.C., 15/8/59-61 .. 93 2 6 — 3 px., 15/4/60-62 .. 93 0 0 — 3 p.C., 15/4/60-63 .. 92 10 0 — 3 p.C., 15/7/62-64 .. 90 10 0 — 3 p.c., 15/7/63-65 .. 90 10 0 — 3 p.c., 15/5/64-86 .. 90 12 6 — 3J p.c., 15/1/53-57 .. 98 0 0 — 3j p.c.. 15/5/62 98 10 0 —

4 p.c. a 31/5/54-58 .. 100 10 0 101 0 0 BanksAust. and N.Z. .. M.. 1 17 6 Comm, of Aust. .. 0 17 0 0 17 A E., S., and A. 5 12 6 8 5 0 Natl, of N.Z. 5 3 0 N.S.W 33 10 0 33 15 0 ord • * 1 7 g New Zealand •• 12 0 2 9 6 Tui 4 Westland*.. 1 15 0 1 4 8 Froxen MeatCanterbury *. 24 9 0 MM Pref. .. w. 7 5 0 Mm N.Z. Refrig.. 20t .. mm. 2 8 0 10s , .. 1 3 0 1 3 3 Nth. Canty., pref. 1 2 8 — Southland — 4 19 0 GasAuckland 0 6 0 Christchurch .. 0 19 9 MM Timaru .. . .. 1 7 0 MM Wellington . •. 1 0 6 1 1 3 Insurance— F.A.M.E. .. 1 8 0 MM New Zealand 8 10 0 MM South British 3 2 8 MM Standard ... — 5 0 0 Loan and Agency— C.F.C.A., ord. 1 11 3 MM Pref. 3 0 6 M— Credit and Fin. .. 1 3 0 MM Dalgety "A” — 0 12 9 “B” — 0 12 9 Goldsbrcugh, Mort 1 14 6 — Nat. Mortgage **B” 2 5 0 N.Z J. Co-op.. - 1st V 0 15 0 14 0 3 — **B” pref. X 0 14 3 MM General Finance .. 0 15 0 — Perm. Invest. 11 17 g — SJ. Finance 1 10 0 1 12 0 United Bldg., e.d. Wright, Stephenson, bonus 1 0 3 — 2 1 0 Sbfnping— Northern 0 13 o Union, pref. •• 1 8 3 1 6 9 Woollens— Bruce .-. •• Z 3 a Feltex, N.Z. 1 16 0 Kaianoi. 17s paid .. — 0 Korina Textiles ... — 0 18 3 Pref. 0 19 0 — Manawatu . . 3 18 6 — Mosgiel 3 7 0 — Oamaru 2 6 0 — Miscellaneous— Alloy Steel (N.Z.) 2 2 0 Z 10 u Amalg. Batteries .. 1 7 0 Ampdl Avon Metal 0 ~5 0 1 5 0 10 0 Booth, Macdonald 0 6 0 Cantv. Roller Flour 0 17 0 —— Colonial Sugar , .. 35 10 0 36 0 0 Coulls, Somerville 1 14 3 mm Courtaulds 0 17 6 0 18 3 Dominion Builders 0 11 0 — Dunlop N.Z., pref. 0 17 3 MM Electro. Zinc. ord. 1 8 0 1 9 3 Pref. 1. « 6 — Fletcher Holdings — 2 2 6 Fletchers “B” pref. MM 1 2 0 G. J. Coles 0 15 3 0 15 6 Greater Crystal .. 1 1 0 0 Hallenstein Bros. .. MM 1 14 0 Humes (N.Z.), pf.» c.d. 1 2 8 I.C.I.. A.. N.Z. — 1 9 9 J. Gadsden — 1 11 0

J. J. Niven, x.b. .. 2 5 0 — McCaskey, pref. .. Milburn Lime 0 18 0 IM 9 National Electric .. 7 15 0 N.Z.F; Fertiliser .. 2 0 4 — Pref. •- 15 3 —-B N.Z. Forest Brods. 0 15 4 0 15 6 N.Z. Indus. Gas, pf. 10 0 .113 Norvic Shoes 0 13 6 0 14 3 Otago Daily Times 2 5 3 — Pukemiro Colleries 1 12 6 Quill, Morris, 1936 13 6 Reid Rubber 10 3 Skellerup, pf., c.d. 12 0 13 0. Turn, and Jones - — 1 17 6 Tapper, pref. .. 15 3 Whakatane, ord., . c.d. 13 6 Pref., c.d. 119 — Cont., ord. — o ii a Cont., pref. 0 16 6 ■an Whit, and Tombs 1 10 4 Wm. Cable, Hold. 1 13 0 Williamson Jeffery —— 10 6 Pref. 110 BBM, Wilson’s Cement .. 0 15 6 Woolworths, ord., 0 15 5 0 15 7 Bights *’ ’* 0 10 9 —— N.Z., ord. W. R. Cooke and 13 6 Son 0 11 6 McDonald Wine's .. 0 19 6 Transport (Nelson) 13 0 Kelly, Lewis , .. Overseas Listings— 13 0 Woolworths (S_A.) lust. Mining— — 0 12 9 Oil Search .. — UNLISTED STOCKS Airwork .. ISO Pref. . Andrews and Baa110 . — ven, pref. .. Deaths <ls paid, 19s 1 0 6 — deposit) '; i Buntings 3 10 1 10 0 Canty. Seed Cory-Wright and Sal ISO — ■ mon, pref. .» Lane, Walker, Rud1 2 0 12 6 kin Indust. 1 19 6 Lake Ida .. ■MB 12 0 Mates Forests 0 3 4 Prudential Building 0 17 7 •» •