COMMERCIAL

Press, Volume XC, Issue 27443, 1 September 1954, Page 15

COMMERCIAL

STOCK EXCHANGES markets stronger and ACTIVE church 6 Mto^ re^ t u Onßer on the Chrirtb ‘ s " d “m““X” y ° n '- QuotaO ”>’ lanks ’ National of New Zear ? new peak in business and ta X £?e *w«fc «s whilst New South Wales, in ime with sales elsewhere, recovered The tr ?i2rt Ctl to ns f and . bu yers at £33 10s. £4 s. y S d '"J. inv ' st °rs at this price is r 1 ’ Commercials of Australia, ” ot had much support of late, IvallaM. 'S 51 /!, 6 .’ 5 « at 175 2ti Wi‘ h more available at this figure. E., S., and A £s n i2s'fid re ; , q H Ote H wide - with buyers at ‘kt 12 6d - and sellers at £6 ss. at 4'K ?rt eal ? n J Breweries sold unchanged and 4<k, d na d th ® .market closed at 40s wide 45 6d respectively. Ballins were

- S L» am Preferences sold un--2* 2 ? s 9d and - along with NorthWH®’ !} ad . strong inquiry at the close. Wilsons cement were fractionally firmer St,^e d \ S . at 4d ’ at which price the i " va s‘ ors ls about £4 Is lOd. ■Pletcher Holdings came close to buslat J 2 * 3d and sellers at £. s „2 d ', f< ? r New Zealand Forest M win? “2? lnan , ea rose sharply to 15s L seliers Id away. Buyers for Norvic Shoes advanced their otters by 6d to ’ 4s ; and sellers remained in at 14s 3d. o „S2? id s . tores were quiet, business being S2IS. Coles at the steady wide °+ 5 d- but the market closed w.d: at n SS v d .. and L 15s 9d respectively, w.d.?221 1y J’?t ter buyers appeared for Woolworths, Ltd., at 15s 6d, with sellers holding for 15s 7d. DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change, Listed

div. (2 sales)’ .. 610 0 [The sale of 300 1.C.1.. A., N.Z., pref, reported on Monday by the exchange at 18s, should have read 16s.j „ , AUCKLAND 3 pcr 15/12/53-56, £9B 10s; £lOOO 15/8/59-61, £93 10s; 100 Queensland Insurance, 57s 6d: 650 South 635; 560 Northern Steam, 13s lOd; 122 £ e !J ex (££»•>• 2,5 ® d - and 100. 27s 9d; ?2° NZ., pref., 22s 6d; 200 Konna, 18s, 226 B.H. Pty., rights, 7s 6d; 200 netchers, 42s 6d: 500 Coles. 15s sd: 100 John Chambers, 30s 3d; 500 Forest Prods., !? S J A2° sel5 el , d Robber. 20s 3d; 100 Ross ? dd < S®. ndmlnf! ' 57s 6d: 100 Toppa, 5s 3d; 1600 Wilsons Cement, 15s 4d; 887 Woolworths. Ltd., rts., 10s lOd. „ , WELLINGTON Sales.—Late Monday; £3500 3 per cent. J lay ’ 19 53-56. £99. Yesterday: £13,200 3 per cent. Stock, May, 1953-56 (3 -* O9 : £lloo ‘ 19 57-60. £94 17s 6d; £ loo ’r, 1 — 9 " 61 ’ £93 10s : £3OO, 1960-62. £93 o^q’ * 26 £°°’ 1961-63 < 3 sales), £92 ss; 219 N.Z. Breweries, 49s 3d; 50 South BritI PS ra^ e ’^ s: 150 Wright Stephenv^ir5 d '' 50 Dom lnion Farmers’ J? 3s 6d = 199 John Duthie Holdif/ 200 Matheson Minster, pref., 20s; 100 National Electric, £7 Is; 300 Union Steam, pref., 26s 9d.

„ , DUNEDIN Sales Reported.—£3ooo N.Z. Govt., 3 per £S>’’ im 5 ™’ s ?’ £l4O0 ’ W5/53-56. £99, 700 Woolworths, Ltd., 15s 6d; 200 Hi Z .’ Mill s’ 355: 200 Felt and Tvtiles (N.Z.). pref.. 22s 6d.

„ , LONDON «^5£ ke ?, HU X North, 66s 3d; Broken Hilt 7v’i t . h r> 51s ’ HUI Proprietary, 341 Wil?' £ On , s S I l da sS d Zlnc ’ 38s: New Broken Hill, 28s 4 J £d; New Guinea Gold, Is Bjd. . OVERSEAS EXCHANGES X t SYDNEY Higher yielding shares eased in a busy yesterday" 4116 Sydney stock Exchange ,„ Sal a s - —Commercial Bank of Sydney, £2O 18s; Commercial Bank of Australia; 20s M; Tooheys. 265; Tooths, 84s 6d; Associated News 21s 3d; A. Hordern. 26s 9d; ?? s ®d : Australasian Paper, 22s ‘‘d’. J* 9d; Colonial Sugar. £43; Mectrolytlc Zinc 365; Felt and Textile.. 33s 3d; Coles, 19s; Goldsbrough, 42s 9d: u6s 6d; Woolworths, 19s 3d; New Guinea Gold, 2s 3d; Peko, 10s 2d; South Broken Hill, 67s 10d; Oil Search, 23s 3d; Rye Park, 3s lOd. MELBOURNE Cn the Stock Exchange of Melbourne an irregular tone was evident in the investment section on a moderate turnover. Selling pressure in mining shares caused prices to ease. Sales.—Broken Hill South, 67s 6d; Consol. Zinc, 465; Mt. Lyell. 19s; North 8.H., 84s 3d; Mount Morgan, 25s 3d; Oil Search, 22s 6d; G. J. Coles, new, 19s; Ampol Exoloration, 675; Commercial Bank, 20s 10a: Goldsbrough, 42s 6d; Carlton Brewery, 37s 7d; Awa (5s paid), 28s; Ampol Petroleum, 3ps 9d; A.P.M., 21s lid; do. pref., 21s Id; 8.H.P., 40s, do. rights, 9s; Courtaulds, 21s Id; Drug Houses, 35s 6d; Dunlop, 33s 3d; Electro. Zinc, 365; do., pref., 345; G. J. Coles, 19s Id; Gordon and Gotch, rights, 13s 9d; Henry Berry, "A” pref., 13s; Henry Jones. 51s; Humes, 565; 1.C.1.A.N.Z., 36s 6d; Myer, 13s 9d; N.Z. Forest, 18s 6d; Olympic Consol. 9s 2d.

100 National Bank N.Z. £ 5 s. 3. 0 Var’n. 4-ls 200 N.Z. Breweries 2 9 3 „ Sales Reported, Listed £400 N.Z. Govt. Stock, 3 nnn R C - Ma V- 1953-56 99 0 0 200 Comm. Bank Aust. (late sale Monday) 0 17 2 4-3d 5 Bank N.S.W. (late sale Monday) 33 10 0 4- 5s 10 Bank N.S.W.' 33 10 0 4-5 s 300 Union Steam, pref. 6 9 N.C. 200 Matheson Minster, pref. 1 0 0 N.C. _ 50 Fletcher Holdings 2 2 6 N.C. 500 G. J. Coles 0 15 6 N.C. 250 Tapper Industries, P.r ef - cum rights 600 Wilson’s Cement .. 1 0 5 15 3 4-3d 4- Id 150 K.P. and Co., cum

CHRISTCHURCH N.Z. Govt. Stock— * QUOTATIONS Buyers. £ s. d. Sellers. £ s. d. 3 p.c., 15/5/52-55 .. 100 5 0 M— 3 p.c., 15/2/55-5R 96 10 0 MM 3 p.c., 15/11/57-60 .. 94 0 0 MM 3 p.c., 15/8/59-61 .. 93 2 6 3 p.c., 15/4/60-62 .. 93 0 0 MM 3 p.C., 15/4/60-63 .. 92 10 0 MM 3 p.c., 15/7/61-63 .. 91 0 0 MM 3 p.c., 15/6/61-64 .. 91 0 0 MM 3 p.c., 15/7/62-64 .. 90 10 0 MM 3 p.c., 15/7/63-65 .. 90 12 6 MM 3 p.c., 15/5/64-66 .. 90 12 6 31 p.c., 15/9/57-60 .. 96 15 0 MM 3J p.c., 15/1/53-57 .. 98 0 0 MM 3? p.c., 15/5/62 .. 98 10 0 —— 4 p.c., 15/6/52-55 .. 100 17 6 MM 4 p.c., 31/5/54-58 .. 100 12 6 101 0 0 BanksAdelaide .. —. 1 12 6 Aust, and N.Z. .. 1 16 0 “B” 1 18 9 Comm, of Aust. .. 0 17 0 0 17 2 E.. S., and A. 5 12 6 6 5 0 National of N.Z. .. 5 4 0 5 4 6 N.S.W 33 10 0 33 15 0 Sydney reg. 33 0 0 Breweries— Ballins, ord. 16 3 17 6 Pref. __ 12 0 New Zealand 2 9 0 2 9 6 Tui MM 14 6 Westland .. .. 1 15 0 MM Froxen Meat— Canterbury .. 24 5 0 MM Pref. 7 5 0 MM N.Z. .Refrig., 20s .. mm 2 8 0 10s 13 0 13 3 Nth. Canty., pref. 12 7 MM Southland —m 4 19 0 GasAuckland 0 6 0 MM Christchurch .. 10 0 MM 10s paid •. 0 9 6 MM Timaru .. .. 17 0 MM Wellington 10 6 113 Insurance— F.A.M.E. .. 18 0 MM New Zealand 6 10 0 MM South British 3 2 9 MM Standard .. —— 5 0 0 Loan and Agency— C.F.C.A., ord. 1 11 3 MM Pref. 3 0 6 MM Credit and Fin. 13 0 MM Dalgety "A” —— 0 12 9 . “B" — 0 122 Goldsbrough, Mort 1 14 6 1 15 6 Nat. Mortgage “A” 0 10 3 MM “B” 2 6 0 MM N.Z.F. Co-op., 1st pref., c.d.0 15 0 MM “A” pref. 0 14 3 MM *'B” pref. 0 14 3 0 15 3 4J p.c. Stk., '60 .. 97 0 0 MM General Finance .. 0 15 0 M— N.Z. Guarantee .. 0 2 4 MM Perm. Invest. 11 17 6 — S.I. Finance 1 10 0 1 12 0 United Build., c.d. 10 0 MM Wright, Stephenson, bonus mm 2 0 6 Shipping— Hudd. Parker, c.d. 2 5 0 MM Northern 0fl3 o. MM Union, pref. 16 3' 16 9 Woollens— Bruce .. • • 2 3 6 MM Feltex, N.Z. 1 15 0 1 16 0 Kaiapoi, 17s paid .. — 18 6 Korina Text., pref. 0 19 0 MM Manawatu 3 16 6 MM Mosgiel 3 7 0 MM Oamaru 2 6 0 MM Matheson, Minster, pref. 0 19 9 MM Miscellaneous— Alloy Steel (N.Z.) 2 2 0 1 10 0 Amalg. Batteries .. 17 3 MM Ampol MM 15 0 Andersons, 1st pref. 12 0 MM Aulsebrooks, pref. 13 6 MM Aust. F. Invest., rts. 0 0 2 MM Avon Metal 0 10 0 Beath and Co., c.d. 2 13 6 2 15 0 Booth. Macdonald MM 0 6 0 Broken Hill Pty.. XT' MM 1 13 6 Rights .. 0 6 9 0 7 6 Canty. Roller Flour 0 17 0 MM Colonial Sugar .. 35 10 0 35 IT « Dominion Builders 0 11 0 Dunlop Rubber • • 13 0 Dunlop N.Z, pref. OH. •

Buyers. Sellers. £ s. d. £ s. d. Electro. Zinc, ord. 1 7 9 19 0 Fletcher Holdings 2 2 3 2 2 6 “B” pref. 1 1 3 MM G. J. Coles 0 15 3 0 15 9 Greater Crystal .. 1 1 0 14 0 Hallenstein Bros. .. — 1 14 0 Humes (N.Z.), pf.. c.d. 1 2 10 MM A.. N.Z. 1 10 0 J. Gadsden 10 0 1 11 0 J. J. Niven, x.b. □ . 2 4 0 MM K.P. Drugs, c.d. .. —— 8 12 6 McCaskey, pref. .. Kelly, Lewis 0 1 18 0 1 3 Milburn Lime, c.d. — 1 10 9 Morris Hedstrom .. 2 5 0 MM National Electric .. m— 7 15 0 N.Z.F. Fertiliser .. 2 0 0 MM Pref. 1 5 3 MM N.Z. Forest Produs. 0 15 8 0 15 9 N.Z. Ind. Gas. pref. 1 0 0 112 N.Z. Newspapers, c.d. — 1 15 0 Norvic Shoes 0 14 0 0 14 3 Otago Daily Times 2 5 3 MM Pukemiro Collieries 1 12 0 — Quill Morris, 1938 1 3 0 MM Reid Rubber, ord. — 10 6 Ross and Glend. .. 2 18 0 Silknit 0 13 8 MM Skellerup, pref. .. 1 2 0 MM Turnbull and Jones —. 1 17 3 Pref. 1 0 6 MM Whit, and Tombs 1 10 3 MM Wm. Cable. Hold. mm 1 13 0 Williamson Jeff, pf. 1 1 0 MM Wilson’s Cement .. mm 0 15 6 Woolworths, ord., c.d. 0 15 8 0 15 7 Rights .. 0 10 9 0 11 0 N.Z., ord. ‘ mm 13 3 W. R. Cooke and Son 0 12 8 MM Aust. Mining— Oil Search MM 10 0 Mining— Grey River 0 2 9 —- UNLISTED STOCKS Airwork, N.Z., pf. 1 1 0 Andrews and Beaven, pref. 1 0 6 MM Beaths (Is paid, 19s deposit) Buntings 1 "s a 2 10 1 10 0 Canty. Seed 1 8 0 MM Christchurch Press 12 5 0 MM Cory-Wright and Sal mon, pref. 1 2 0 12 6 Lane, Walker, Rudkin Indust. I 19 8 MM Mackintosh, Caley, Phoenix 0 7 8 0 8 6 Matea Forests _ .. 0 3 4 MM National Tobacco 0 15 0 10 0 Tingey, R. and E. 0 17 9 MM Prudential Building MM 0 19 6 Rink Invest. 1 5 0 MM Scales, "C” pref. . , 0 8 1 0 10 0 Vibrapac 0 17 3 MM Tekau Knitwear .. 1 5 7 —