COMMERCIAL

Press, Volume XC, Issue 27500, 6 November 1954, Page 10

COMMERCIAL

STOCK EXCHANGES HEAVY TRADING CONTINUES Aheavy volume of business—mostly reported—was recorded on the Christchurch Stock Exchange yesterday. Markets generally pointed to a firming tendency. DOMINION TRANSACTIONS CHRISTCHURCH Sales on 'Change, Listed

AUCKLAND Sales.—Late Thursday: 50 Dominion Breweries, 88s 6d; 200 Hallensteins, 33s 9d; 200 NJZ. Newspapers. 30s. Yesterday: £3150 3 per cent.. 15/9/52-55. £99 ss; £4OO 3 per cent., 15/2/55-58, £97 7s 6d; £2OO 3 per cent., 15/11/57-60, £95 10s; £lOOO 3* per cent., 15/1/53-57, £99 10s; £15,000 31 per cent., 15/5/62, £99 12s 6d; £5500 31 per cent., 15/9/56. £99 ss; £2OO 4 per cent, 31/5/54-58, £lOl 10s; £4OO Auckland Drainage Board, 4 per cent., 1/10/83, £9B 15s; 125 N.Z. Insurance. £6 14s 3d; 84 South British Insurance, 84s 3d; 200 Northern Steam, 13s 2d; 200 Taupo Totara, 51s; 200 Feltex (Aus.), 25s 6d; 600 Korma, 18s M; 200 Bycroft, 41s; Colonial Sugar, £34 12s 6d; 120 Coles, 14s lOd; 250 Gadsden, pref., 235; 425 National Electrical, £7; 604 Forest Products, 15s lid; 630 at Ifc, and 150 pref., 19s 8d; 1000 N.Z. Newspapers, 30s; 300 Phillipps and Impey, 48s. 6d; 400 Whakatane Board, 21s 7d; 275 Wm. Cable, rights, 4s 6d; 200 Woolworths. Ltd., 14s 10d;; 100 Wool worths Holdings, 12s. Unlisted: 100 Black and .White Cabs, 9s; 100 Hellabys, 50s; 300 J. Took. 355; 500 Ttagey, rights, 2s; 800 Tasman Pulp, contr., WELLINGTON Salas.—Late Thursday: £2500 32 per cent., 1962, £99 12s M; 200 Broken Hill Proprietary. 32s 3d: 200 Henry Berry, 23s 6d: 100 Milne and Choyce, 55s 6d; 675 National Electric (2 sales), £7. Yesterday: £3150 3 per cent. Stock. 1952-55, £99 ss; £5OO 3 per cent., 1961-63. £93; £lOOO 8} per cent. Stock, 1953-57, £99 10s; 250 A. and N2. Bank, 38s lOd; 250 Felt and Textiles (Aust.), 25s 6d: 50 B. L Hart. 455; 50 Fletcher Holdings, 425; 100 Humes, Ltd., 45s 6d; 20ft I.CL A., NJZ., pref., 16b; 800 McKenzies. 20s lOd; 100 N.Z. Forest Products. 15s lid, and 200 at 15s lOd; 100 Olympic Consolidated Industries. 6s 9d; 100 Tip Top, 20s 6d; 300 Whakatane Board, 21s 7d; 400 Wm. Cable, rights (3 sales), ss; 130 Woolworths, Ltd., 15s, and 500 (2 sales) at 14s lOd. Unlisted: 1250 R. and E. Tlngey, rights (2 sales), 2s. and 700, ex rights. 9s 6d; 100 Tasman Pulp, 6s lOd. After Can.—46o Woolworths, Ltd., 14s lOd. DUNEDIN Sales.—lBo Standard Insurance, 87s 6d; 100 NJE. Refrigerating, contr., 23s 3d; 100 Roas and Giendining, 38s; 100 Smith and Smith, pref., 20s. Sales Reported.—3oo National Insurance, 27s M; 200 Felt and Textile (Aust.), 25s fid; 100 Felt and Textile (NZ.), pref., 21s 9d; 400 Booth, Macdonald. 4s 4d. 250 Broken Hfll Proprietary. 32s 9d; 200 N.Z. Newspapers, 30s; 225 A. and NZ. Bank, 38t 9d; 42 Canterbury Frozen Meat, £25; 200 Southland Frozen Meat, 51s; 100 Standard Insurance, 87s fid; 100 National Mortgage “A,” 10b 9d; 250 Felt and Textile (Aust.). 25s 6d; 500 Aulsebrook. pref., contr., 12s 3d; 100 Dominion Fertiliser. 445; 100 NZ. Forest Products, ord.. 14s Ud. OVERSEAS EXCHANGES SYDNEY Leaders fell in a weaker investment market on the Sydney Stock Exchange yesterday. Interest in oil and uranium was at Sb-cat- eW>. and N.Z. Bank, 48s 6d; Commercial Bank of Sydney. £2O 12s; Commercial Bank of Australia, 20s 6d; TooMrl 28s 8d; Tooth, ex div., 85s 6d; Associated News, 225; Anthony Hordern, 28s 3d; Bradford, 30b; British Tobacco, 31s 6d; Broken Hill Proprietary, 40s 6d; Colonial Sugar, £4l Kte; Courtaulds, 17s 3d; Email, Mb; Felt and Textile. 30s 9d; G. J. Coles, 18a 7jd; Goldsbrough, 41s 6d; Woolworths. Ms 3d; Mount Morgan, 21s Ud; New Outaea Goldfields, 2s sd; Placer, £l3 ss: Mount Lyell, 19s 6d; Consolidated Zinc, «■; Mount Isa, 59s fid; North Broken Hill. ck div., 87s 3d; South Broken Hill, ex 88a; Ampol Petroleum, ex div., 25s fid; Ampol Exploration (paid), 60s; Oil Search, 16s fid; Australasian Oil Exploration, 7k Bd, and rights, 4s sd; Drug Houses, <sfv., 31s 9d; Dunlop Rubber, 345; Electrolytfc Zinc, ex div., 34s 9d; Email, 16s. MELBOURNE Adfemder tone was evident In the investment market at Melbourne yesterday, and trading was light. Oil shares were slightly firmer, but other mining scrip was irregular. * tale*.—Consolidated Zinc, 495; Mount Isa, 59s 3d; Mount Lyell, 19s 3d; New Broken Hili. 42s 3d; North Broken Hill, 87s fid; Lolotha, 255; Mount Morgan, pref., 12s 7d; Ampol Exploration, 60s; Corrrmercfal Bank, 20s 6d; E., S., and A. Bank. £8 2s; Dalgety '•/_’* 15s 3d; Goldsbrough, 4k 9d; Ampol, 25s 3d; Associated Pulp, 26a 3d; Aust. Iron and Steel, pref., 27s 9d; A.P.M.. 21s; Broken Hill Proprietary, 40s fid; Colonial Sugar, £42; Courtaulds, 17s; Dunlon. 345: Electro. Zinc, pref-, 32s lid; TMt and Textiles, 31s; G. J. Coles, 18s 6d; Gordon and Gotch, 16s 9d: Henry Berry. Me M: Herald, 18s 4d; Humes, 56s 6d, and “B” pref., 25s 6d. Myer. 13s 9d: Olympic, 8s Td; Batons and Baldwins, 24s IST Woolworths, 18s 4d. LONDON <tav*raanaett: Consolidated. 2J per cent., £BB Ifta* Funding Loan, 4 per cent- £104; War Loan, 3A per cent., £9O 10s; ConverLoan, 3J per cent, £92; Victory Bonds. 4 per cent., £lO5 10s; Commonwaalth 31 per cent., £9B 10s; Commonwaalth 31 per cent., 1958-61, £99: Commonwealth, 31 per cent., 1965-69, £96 10s; Commonwealth, 3 per cent., £100; South AuatraUa, 3 ceAt.. £7B 10s; New Zealand. 3 per cent., £lOl. CHRISTCHURCH QUOTATIONS

ICO National Insurance £ 1 s < d 9 VaC» N.C. 10 Colonial Sugar 34 10 0 N.C. 170 G. J. Coles * 100 William Cable, 0 14 10 —2d Ltd., rights 0 4 9 N.C. Sales on ’Change: Unlisted 100 E. Reece, Ltd., rts. 0 1 2 +2d Sales Reported: Listed £3000 N.Z. Govt., 3 p.c. Stock, 1962-64 92 5 0 375 A. and N.Z. Bank 500 N.Z. Refrig., 10s 1 19 0 4-1/6 paid (2 sales) 3 6 500 Christchurch Gas 0 17 6 -3d 200 C.F.C.A., ord. 10 0 850 United Building .. 100 Felt and Tex1 0 3 — tiles (Aust.) 1 5 9 4-6d 400 Aulsebrooks (new. pref., 10s paid) (late sale Thursday) 0 12 3 N.C. 500 Aulsebrooks (new. P re *- l°s Paid) • • 0 12 3 N.C. solidated Industries <2 sales) 1 17 0 N.C. 200 Booth, Macdonald (late sale Thursday) 0 4 4 N.C. 500 Booth. Macdonald 327 Harley Chambers. 0 4 4 N.C. pref. 1 2 1 252 Henry Jones, c.d. 19 6 300 J. Gadsdens. pref. 1 3 0 100 Tip Top Ice 200 Whakatane Board 1 6 6 —6d Mills, new, pref. (2 sales) 1 1 9 100 William Cable Holdings, rts. (late sale Thursday) .. 500 William Cable holdings, rts. 0 4 10 4-ld 0 4 9 N.C. 112 Woolworths, N.Z., Ltd., c.d. 1 1 3 N.C. 42 Canterbury Frozen Meat 25 0 0 N.C. Sales Reported. Unlisted 200 Tasman Pulp and Paper (late sale Thursday) 0 6 N.C. 120 E. Reece, rights .. 0 1 2 4- 2d

WJE. Govt3 p.c., 15/2/55-58 .. 3 15/8/59-61 .. 3 p.c., 15M/60-62 .. 3 p.c., 15/7/62-64 .. Buyers. £ s. <L 97 5 0 94 5 0 92 5 0 Sellers. £ s. d. 93 10 0 3i P.C., 15/1/56-59 . - 97 5 0 — 31 P.C., 15/9/57-60 .. 95 15 0 — 4 pxt, 31/5/54-58 .. 101 5 0 31 p.c. Stock, 1962 99 12 6 99 15 0 31 p.c. Stock, 1974 95 15 0 —— Bank*—* Comm, of Aust. .. 0 16 6 0 16 10 Comm, of Sydney K., So and A. .. 6 ~1 6 17 0 0 Kat. of A’asia., £1. e.d. .. .. 1 12 0 — 12a 6d, c.d. 10 0 — National of N.Z. .. N5.W. .. 5 10 34 0 d Breweries— Banins, ord. 17 0 Pref. 10 9 -■ Carlton <k. • • —— 19 6 Mew Zealand 2 7 8 2 8 0 1 18 0 15 6 PtjoatM Meat— Canterbury •• 25 0 0 25 2 6 7 0 0 m*. Refrir 2 6 0 —- • Sa 13 6 — prel : 1 3 3 2 10 9 — 0 17 3 0 17 9 _J8» paid —i* 0 7 4 _ys%o» 19 0 116 — - 17 6 17 6 . — 6 14 6 South British Standard e . 3 4 6 3 4 ) 99 0 J . Baigety. cal. M 1'8 6 0 12 9

"B,” c.d. Sellers. £ s. d. 0 12 9 Nat. Mortgage, ‘*A” 0 10 6 0 10 9 "B” .. .; 2 10 0 2 12 6 N.Z.F. Co-op. . 1st pref. - 0 13 3 0 14 3 — "A" pref. 0 13 3 — "B’’ pref. 0 13 — M. 4i p.c* Stock, ’60 98 2 *6 99 0 0 4J p.c. Stock, *59 97 12 6 98 5 0 N.Z. Guarantee 0 2 5 — S. Island Finance 1 9 0 ■i ~ Winchcombe, Car. 1 10 6 United Building .. Wright, Stephenson, 1 0 1 10 0 — 10s paid 9 — New Zealand, pref. 11 0 0 Huddart Parker, pf. 1 1 9 1 2 0 Union, pref. — 1 8 3 Feltex ; ... 1.5 S 1 6 0 Feltex, N.Z., pf. .. — 1 2 6 Korn-pref. 0 19 3 —— Manawatu 4 0 0 Mosgiel ... \’ 3 6 0 ■ " Oamaru Lane, Walker, Rud2 9 0 — kin Industries .. — 2 6 6 Pref 1 3 0/ Misceilane jus— Allov Steel (N.Z.) —. 2 9 0 Amal. Batt. 1 7 0 Andersons, 1st pref. 1 2 3 Aust., Cl. 1 17 0 1 17 3 Aulsebrooks, pref. 1 2 9 — Aust. Fnd. Invest. 0 4 3 0 4 8 Apex Ice 1 18 6 —- Avon Metal — 0 10 0 Beath and Co. — 2 14 9 Booth* 3 * 1 Macdonaid 0 19 0 4 10 2 British Tobacco .. 1 6 0 1 8 3 Broken Hill Pty. 1, 12. 3 1 12 9 Claude Neon. N.Z. — 2 13 0 Colonial Sugar — 34 10 0 Consol Brick 0 12 8 Courtaulds 0 14 0 0 16 0 Drug Hs. of Aust. Dunlop Rubber 1 4 0 1 6 Dunlop, N.Z. Pref. Electro. Zinc, ord. 1 2 0 16 6 6 1 8 0 Pref. — 1 7 3 Evan* Atlas 0 17 9 — Fletchers • 2 1 6 — °C” pref. G. J. Coles 0 14 6 10 6 15 0 Greater Crystal .. 1 2 0 — Harley 1 11 0 Pref 1 1 0 1 3 0 Hay’s Henry Jones 1 18 0 3 7 2 0 6 0 Henry Berry, c.d. 1 3 0 Humes (N.Z.), pref. 1 3 2 1 3 3 J. Gadsden, pref. 1 8 0 j’. Chambers 1 8 3 1 10 5 K_P Drugs’ Mackintosh, Caley, 6 7 0 Phoenix *on. Struthers, 0 15 0 7 10s paid .- McCaskey. pref. .. 0 0 18 3 McKenzies 1 0 6 Mauri Bros. ■ ■ 1 17 M.K. M*frs. 0 12 6 — N.Z. Forest. Prod. 0 15 10 —— Pref. -. Nl. Indus. Gases, 0 19 6 — pref. —• 1 0 N.Z. Newspapers .. 1 10 0 N.Z. Paper Mills, 1 13 0 Norvic Shoes 0 13 0 0 14 5 0 8 0 10 Procera Quill Morris 1 3 9 Reid Rubber, c.d. — Pref. • - ’ —— Royds Bros. (Sthiand) 1 5 0 1 8 6 Sketlerup, pref. .. 1 1 9 Weeks, pref. Whakatane. pref., new 1 1 6 — Whit, and Tombs 1 10 6 Wm. Cable •_ Williamson Jeffery Wilsons Cement .. W’worths, ord. 1 3 0 14 0 14 6 8 9 0 14 9 0 14 11 (N.Z.), ord. Pp_, pref. 1 2 0 1 3 3 W. R. C J, rpe 1 J lte^ n j 0 13 0 Son ... 0 13 0 — Overseas Listings Woolworths (SA.) 0 12 9-1 0 12 9 MiningGrey River 0 2 9 0 3 6 UNLISTED STOCKS Beaths (Is paid, 19s 1 18 deposit) Kaiapoi .. • • 1 7 i 0 Reece,* Ltd., E., ordl 0 ~ -3 — Regent Theatre .. Prudential Build. .. 0 12 0 17 0 0 0 19 0 Scales. "C” pref. .. Tasman Pulp and Paper .. • • 0 8 6 — 0 6 7 0 « 10 Tekau Knitwear. pref. 1 0 9 — i Victoria Mansions 1 8 <.0 Waikari Lime, 17s 6d paid •• 1 8