COMMERCIAL

Press, Volume XC, Issue 27470, 2 October 1954, Page 10

COMMERCIAL

STOCK EXCHANGES MARKETS QUIET Markets were quiet on the Christchurch Stock Exchange yesterday, and prices generally showed little alteration. DOMINION TRANSACTIONS CHRISTCHURCH Sales on •Change: Listed 200 Booth Macdonald 0 5 5 N.C. 20 Broken Hill Pty., rights .. .. 06 7 N.C. 221 Broken Hill Pty., „ , „ rights, 4 sales .. 0 6 6 —ld 300 Ross and Glendining, rights, 2 sales .. •. 0 J 1 200 Woolworths, Ltd. 015 0 N.C. Sales on ’Change, Unlisted 500 Tasman Pulp and Paper 0 5 10 N.C. Sales Reported: Listed £505 N.Z. Govt., 3J p.c. Stock, 1953-57 .. 99 2 6 10 Bank of N.S.W. .. 33 15 0 N.C. 300 Wright, Stephenson, 10s pd. .. 18 0 200 J. J. Niven and Co., late sale Thursday .. 2 7 0 N.C. 300 Speedway Prods. (old issue) -. 16 9 N.C. £2OO N.Z. Farmers’ Coop.. 4i ptc. Stk., 1959 .. .. 98 0 0 AUCKLAND Sales.—Late Thursday: 125 Kauri Timber, 26s 9d; 30 Colonial Sugar, £35 10s; 400 Fletchers, “B“ pref., 2is 3d. Yesterday: £3OO 15/7/63-65, 3 p.c., £9l 7s Cd; £550 15/5/64-66, £9l 7s 6d; £2ob Auckland Gas 4i p.c. perp, deb., £77 10s: 350 N.Z. Insurance, £6 13s 6d; 100 South British, 64s 3d; 400 Newton King, 17s 6d; 460 Wright, Stephenson, 425; 100 LeylandO’Brien, 33s 6d; 1100 Broken Hill Pty., 335, 66 32s 9d, 800 335, and 850 rights, 6s fid; 25 Colonia] Sugar, £35 10s; 1000 Consolidated Brick, 12s 6d; 375 Farmers’ Trading, pref, (eld), 21s 9d; 350 Fletchers, 41s; 50 Coles, 15s 2d; 500 J. Wattie, 38s 6d; 925 Ross and Glendining, rights, 5s 2d, and 125 5s Id; 200 Skellerup, pref., 21s 6d; 200 Toppa, 5s sd: 200 Whakatane Board, pref., 22s fid; 600 Wilson’s Cement, 15s, and 100 14s lid; 200 Woolworths, Ltd., 15s. Unlisted: 100 Walker and Hall, 30s 9d. WELLINGTON Sales.—Late Thursday: £lOOO 3 p.c., Dec., 1953-56, £9B ss; 500 Aulsebrocks, pref., rights, 2s; 1085 Broken Hill Pty, rights (2 sales), 6s 6d. Unlisted: 150 National Tobacco, 15s 3d. Yesterday: £lOOO 3 p.c. Stock, 1956-59, £96 17s 6d; £3OO 1963-65, £9l 7s 6d; £lOOO 31 p.c., 1962, £99 ss; 100 Commercial Bank Australia, ord., 16s 8d; 100 N.Z. Insurance, £6 13s 6d; 100 Wright, Stephenson, 41s 6d; 45 Wellington Wool, pref., £lO 17s 6d; 600 Aulsebrook, pref., rights, 2s; 500 Booth, Macdonald, 5s 3d; 482 Broken Hill Pty., rights (6 sales), 6s sd, and 1700 ex rights, 335; 300 Dominion Investment and Banking, 235; 350 Fletcher Holdings, 41s; 100 G. J. Cdes, 15s 2d; 100 Hume Industries, N.Z.. pref., 235; 95 J. J. Niven, 475: 500 J. Wattie Canneries, 38s 6d; 100 McKenzies, 20s. Gd; 100 N.Z. Forest Products, 15s sd; 200 Putaruru Timber, pref., 20s 4d; 500 Ross and Glendining, rights. 5s 2d; 200 Skellerup, pref., 21s 6d; 200 Wilson’s Cement, 14s lid. DUNEDIN Sales.—2oo Dunlop. N.Z., ord., 22s 6d; 500 Ross and Glendining, rights, ss; 200 Arthur Ellis and Co., pref., 225. Sales Reported.—£22o N.Z. Govt. 3 p.c., 15/9/52-55, £99; 200 National Insurance, 28s; 236 Broken Hill Pty., rights. 6s 7d, and 83 6s 6d; 100 Farmers’ Trading. 42s 9d; 300 N.Z. Forest Products, ord., 15s 6d; 200 Woolworths. Ltd., 15s; 400 Commercial Bank, 16s 9d: 200 N.Z. Breweries, 49s Cd: 200 Broken Hill Pty., 335. OVERSEAS EXCHANGES I LONDON Broken Hill Pty., 32s 9d; Consolidated Zinc, 40s 3d; New Broken Hill, 32s 3d; New Guinea Gold, Is 9d. SYDNEY The falling trend in oil and uranium shares persisted on the Stock Exchange yesterday. Business in investments increased. Sales.—A.N.Z. Bank, 445; Commercial Bank of Sydney, £2O 10s; Bank New South Wales, £3B 17s 6d; Tooheys, 26s 9a; Tooth, 83s 6d; A. Hordern, 265; Australasian Paper, 21s 4Jd; Bradford, 40s 6d; British Tobacco, 33s 9d; Broken Hill Pty., 40s 9d; Courtaulds, 20s 4Jd; Drug Houses, 33s IJd; Electrolytic, pref., 345; Email, 16s; Felt Textiles, 31s 6d; Arahura, 20s 6d; Peko, 10s 3d; Placer, £l3 Ils; Mount Lyell, 19s 6d; New Broken Hill, 40s; South Broken Hill, 67s 6d; Ampol Exploration, 645; Freney, 9s; Oil Search, 21s 6d; Associated Freney, 16s 3d; North Australian Uranium Corporation, 30s 9d; Northern Uranium Development, 8s 9d; Uranium Development, 15s. MELBOURNE Investment issues moved variably. Several sharp price fluctuations were recorded, and trading over all was heavier. Oil and uranium stocks were weaker due to a lack of buying support. Trading was quiet. Sales.—Broken Hill South. 675; Mount Isa. 595; Mount Lyell, 19s 9d; New Broken Hill, 40s; North Broken Hill, 85s 6d; North Australian Uranium, 335; Uranium Development, 15s 6d; Uranium Mines, 8s 6d; Emperor, 17s; Loloma. 26s 9d; Mount Morgan, 23s 8d; Ampol Exploration,, 65s 6d; Oil Search, 22s 6d; Commercial Bank, 20s 3d; Commercial of Sydney, £2O 10s; E., S., A., £7 12s; Goldsbrough, 425; Burns, Philp, 58s 6d; A.W.A.J 35s 9d; Ampol Petroleum, 28s Id; Associated Pulp, 23s 3d, and rights, 2s lOd; A.C.1., 48s; Australian Iron and Steel, pref., 295; A.P.M., 21s 6d, and pref. 21s; British Tobacco, 33s 6d; Broken Hill -Pty., 40s 9d, and rights, 8s Id; Courtaulds, 20s 6d; Drug Houses. 83s; Dunlop. 32s 9d; Electro. Zinc, 365. and pref., 33s 9d; Felt and Textiles, 31s 6d, and third pref., 13s 9d; G. J. Coles, 18s lOd; Herald, new, 17s 3d; Howard Smith. 28s Sd; Humes, 55s 9d; Kauri, 32s 6d; Myer. 13s lOd; N.Z. Forest. 18s 6d; Olympic, 8s lid; Batons and Baldwins, 24s 9d, and pref. 18s 6d.

CHRISTCHURCH QUOTATIONS N.Z. Govt— Buyers, £ s. d. Sellers. £ s. d. 3 p.c., 15/9/52-55 .. 99 2 6 3 p.c., 15/12/53-56 .. 98 5 0 3 p.c., 15/2/55-58 .. 97 0 0 3 p.c., 15/4/56-59 .. 97 0 0 3 p.c., 15/11/57-60 .. 95 2 6 3 p.c., 15/8/59-61 .. 94 0 0 3 p.c., 15/7/62-64 .. 91 15 0 3 p.c., 15/7/63-65 .. 91 5 0 3 p.c., 15/5/64-66 .. 91 5 0 31 p.c., 15/1/56-59 .. 97 0 0 31 p.c., 15/9/57-60 .. 95 6 3j p.c., 15/1/53-57 .. 99 0 0 - - 3J p.c., 15/5/62 .. 99 0 0 4 p.c., 15/6/52-55 .. 100 6 4 p.c., 31/5/54-53 .. 101 0 0 . Banks’ 0 ' Stk ” 1974 ” — M 0 0 A.N.Z. Bank, “B” .. 1 18 0 Adelaide 1 12 6 Aust, and N.Z. .. 1 15 3 16 9 Comm, of Aust. .. 0 16 7 Pref. 0 o Comm., of Sydney 16 ''j 6 16 15 0 E.. S.. and A. 5 18 0 Nat. of A’sia, £1 1 11 0 12s 6d .. 0 19 9 0 National of N.Z. .. 5 6 33 15 0 34 0 0 Ballins. ord. 7 8 Pref. 6 New Zealand Tui Westland — 2 9 9 1 13 0 1 4 6 Frozen MeatCanterbury Pref. N.Z. Refrig. 24 10 0 25 2 6 2 7 3 — 10s 3 o Nth. Cant., pref. Gas— 1 3 4 Auckland .. o 0 Christchurch 0 19 0 10s paid o 9 o Timaru 1 8 6 Wellington 1 1 0 Cont. ,, 1 8 6 — F.A.M.E. x 1 7 6 National Nev/ Zealand *. 6 12 6 Sth. Birtish, c.d. .. 3 3 9 Standard Loan and Agency— 4 17 0 — Chch. Bldg. Dalgety "A” 17 — 0 12. 6 *’B” .. ,. Invincible Bldg. .. 0 12 0 0 5 12 5 5 Nat. “A” 10 N.Z.F. Co-op. . ’ 2 0 13 6 1st pref. 0 14 3 ■■B” pref 0 14 0 4J p.c. Stk., '59 N.Z. Guar’tee. c.d. N.Z.L. and Merc. .. 97 0 0 98 0 0 1 8 5 0 — S. Island Finance, cdUnited Building .. 1 9 6 Wright, Stephenson 2 0 10s Paid Shipping— P. and O. 2 9 0 Union pref. Timber— 1 6 « — Kauri Putaruru, pf., x.d. o g Woollens— Bonds Bruce .. * Feltex, N.Z. Lane Walker, pf. 1 3 0 Korma, pref. Manawatu 0 4 19 3 1 0 0 Mosgiel 3 8 o Oamaru 2 Lane, Walker, Rudkin Industries .. . Timaru Miscellaneous— 2 3 0 1 12 0 Alloy Steel (N.Z.) Ama!.- Batt. 2 9 0 Ampol Andersons, 1st pref. Aust., C.I 1 2 18 0 3 1 ~5 0 Aulsebrooks, rts. .. 0 11 Aust. Found. Invest. 0 4 3 Avon Metal Beath and Co. A.W.A. Booth. Mawinn al’fl 0 8 ft 5 7 ft 0 i 0 2 1 ft 10 14 10 "i 0 9 6 ft

Buyers. Sellers. Broken Hill Pty s. ct. £■ o’ Rights 0 fi 6 Canty. Roller Flou 0 17 Claude Neon. N.Z Colonial* Sugar 35 2 8 Coulls 14 Consol. Brick Courtaulds .. o Dental and Medical 1 16 13 0 0 16 9 Dorn. Builders Dunlop, N.Z. 0 11 0 0 12 0 Electro. Zinc, ord c.d. Evans Atlas o 17 1 10 0 Fletchers, “B” pf Fletchers 2 J o Griffins 2 G. J. Coles Greater Crystal . 1 15 0 0 15 3 Hallensteins 13 'Humes Humes, N.Z., pref 1 2 6 I. A . N.Z. J. Gadsden 9 6 1 10 6 Pref. K.D.V. Boxes 1 2 8 Macky Logan 2 18 0 Mas., Struthers, £ paid 10s paid 0 15 McCaskey, pref. McKenzies 3 McLeod 9 M.K.M., rights M.K. Mfrs., ex rts 0 2 6 0 1*3 0 Nat. Electric • . 6 N.Z. Forest Prod Pref. Procera 0 0 15 19 g 6 0 15 7 N.Z. Newpapers 11 6 N.Z. Paper Mills . Norvic Shoes 9 o 1 0 Petrous Tile 0 Quill Morris 1 ■—■ Reid Rubber Ross and Glen 6 rights Skellerup, pref. 0 5 0 0 5 1 Tip Top Ice Trade Credits * . 1 18 0 — Weeks Pref. Whit, and Tomb Wm. Cable, c.d. 1 1 0 1 1 15 3 11 0 6 0 Will. Jeffery, c.d — Wilson’S Cement . W’worths, ord. 0 o 14 15 10 0 15 0 (N.Z.), ord. (N.Z.), pref. 1 17 W. R. Cooke & Son x.d. .. W’wths., 2nd pref 0 13 1 Overseas Listings— W’wths., S.A., x d ('I 12 Australian MiningMount Lyell Mt. Morgan, pref Mining— 0 10 2 Grey River Kanieri 0 2 9 0 3 0 Snowy River 0 3 0 0 15 0 o UNLISTED STOCKS Buyers. Sellers D.Y.C., pref. , Beaths, Is paid, 19< s a. £ 1 s. 15 d. 6 dep. Canty. Seed 18 0 1 19 0 Chch. Press 12 —■ Cory-Wright anc — Salmon, pref. Colonial Motors . — Mackintosh. Calex Phoenix . Kaiapoi. pref. — 0 7 10 Tingey, R. and E 0 Regent Theatre . Prud. Bldg. Rink Invest0 16 10 0 19 6 Scales "C,” pref. — Tasman Vibrapac 0 1| 10 0 5 11 Tudor Hosiery Waikari Lime. 17 «r 8d - pald Wooff and Salvesen. — 1 8 0 a a • .—