COMMERCIAL

Press, Volume XC, Issue 27502, 9 November 1954, Page 15

COMMERCIAL

STOCK EXCHANGES markets inactive Ctote^nr^, er S. <lu l et^ntJ ‘rregplar on the Verv B tock Exchange yesterday, causi or 1 ® mBS , s was transacted. BeXhu “ftival week counter-attrac-h.™,!?.?.?' “rented that markets will tradtaF active during the short week's Dominion transactions CHRISTCHURCH Sales on 'Change, Listed

[■The sale of 327 Parley Chambers, pref., reported on Saturday at 22s Id, should have been at 22s 6d.j . AUCKLAND Sales.— Late Friday: £1845 15/4/60-63, 3 per cent., £92 10s; 100 D.1.8.A., 235; 200 Newton King, pref., 24s 6d; 100 Ampol Petroleum, 21s 3d; 200 Tip Top Ice, 20s 3d. Yesterday: £3OO 15/9/59, 3J per cent., £99 ■? 500 Auckland Gas, 41 perp, deb., £7B 10s; 150 Auckland Gas, 10s paid 5s 7d, 5B Sd: 100 South British, 64s 3d; 100 Wright, Stephenson, con., 31s 3d; 5725 Alex. Ha rvey, rights, ss, and 100 pref., 23s 650 By croft, 41s; 900 Lindeman, 37s 6d; 500 Milne and Choyce, 55s 6d; 400 Forest Products, 16s; 400 Phillipps and Impey, 48s 6d; 200 Reid Rubber, 23s 9d; 300 Toppa, 5s 3d, and 200 5s Id; 800 Whakatane Board, new, 21s 6d; 150 Wm. Cable, rights, 4s 8d; 300 Wilson’s Cement, i4s 10d; 100 Woolworths, Ltd., 2nd pref., Unlisted: 500 McAlpine Refrig., 355; 1900 Tingey, rights, 2s. „ , WELLINGTON Salew.—Late Friday'. 150 A. and N.Z. Bank 388 M; 564 National Mortgage “A," 10s 9d; 100 Ampol, 21s-3d. Unlisted: 100 McAlpine Refrigeration, 355; 700 R. and rights, Is lid. Yesterday: £5OO 3 per cent., 55-58, £97 ss; £BOO £97 IS 6d; £5OO 31 per cent., 1959. £99; £1656 (two sales), £99 ss; 400 National Bank of N.Z., £5 ss; 100 Tui Brewery, 235; 100 Southland Frozen Meat, 51s; 150 National Mortgage "A,” 10s 9d; 400 N.Z. Guarantee. 2s sd; 500 N.Z. Forest Products (two sales), 16s; 100 Tasman (£1 paid in advance), unlisted, 21s 6d; 100 Whakatane, pref., new, 21s 6d. Unlisted: 150 Hawke’s Bay Farmers’ Co-op. (£3 paid). 85s; 1525 R. and E. Tingey, rights (4 sales), 2s. DUNEDIN Sales.—Late Friday: 150 Standard Insurance, 97s fid; 100 National Mortgage B, 51s; 400 G. J. Coles, 14s; 200 N.Z. Forest Products, ord., 15s lid. Yesterday: 500 National Mortgage "A,” 10s 9d. . SB^ es —764 National Mortgage, A, 10s 9d; 500 Booth, Macdonald (two sales), 44s 4d; 300 Coulls, Somerville and Wilkie. 34s 6d; 300 Phillipps and Impey. 48s fid; 400 N.Z. Refrig., con., 23s 6d: 500 Royds Bros, and Kirk (Southland), 2756 d. Unlisted: 700 Tekau Knitwear, pref., 21s „ _ INVERCARGILL 4S Bales . Reported.—2Bs Dominion Fertiliser, 445; 300 Southland Frozen Meat, 525; 250 A. and N.Z. Bank, 38s lOd. OVERSEAS EXCHANGES SYDNEY Leaders generally fell on the Sydney Stock Exchange yesterday. Oi) shares armed, but uranium remained weak. Sales.— Commercial Bank of Sydney. £2O 12s; Bank New South Wales, £3B ss; Tooths, 83s 6d; A. Hordern, 28s 6d; Bitumen, 77s 9d; British Tobacco, 31s 9d; Broken Hill Pty., 40s; Courtaulds, 17s 3d; Drug Houses, 31s 3d; Dunlop, 33s 9d; Electro. Zinc, pref., 32s 6d; Coles, 18s 4Jd: Winch combe, 40s 3d; New Guinea Gold 2s ,??L Pel S2.’ 7s M ’ Placer, £l3 10s; Consolidated Zinc. 495; Mt. Isa, 59s 6d; New Broken Hill. 42s 6d; Ampol Petroleum, 25s 9d; Oil Drilling Exploration, 6s 2d; Ampol Exploration, 59s 6d; Oil Search, 17s 4}d; Associated Freney, 14s. MELBOURNE Trading was quiet in the investment section at Melbourne yesterday, and prices displayed a weaker tone. The mining market was inactive with prices tending to ease. Sales.—Mt. Lyell. 19s 3d; Emperor. 17s: Mt. Morgan, 245, and pref. 12s 7d; Ampol Exploration, 60s 6d; Oil Search, 16s 9dBroken Hill Pty. (6s 9d capital paid), 18s ud; E., S., and A. Bank, £8 Is; Commercial, pref., £8 ss; A.W.A., 37s 9d; Ampol Petroleum, 25s 6d, and pref. 19s 6d; Associated Pulp, 24s lOd; A.C.1., 44s 6d; A.P.M., 21s, and pref. 20s 2d; British Tobacco, 31s 6d; Broken Hill Pty., 40s; Courtaulds, 17s 6d; Dunlop, 34s 3d. and pref. 365; Electro. Zine. 34s lOd, and pref. 335; Felt and Textiles, 30s 6d; G. J. Coles, 18s 4d; Henry Berry, 265; Myer, 13s 7d, <and pref. 31s 6d; Olympic, 8s 6d; Woolworths. 18s 4d. CHRISTCHURCH QUOTATIONS

400 Booth Macdonalds 3 Colonial Sugar 100 Wilsons Cement, £ 5. 0 4 34 5 d 4 0 Var’n. N.C. —5/c.d. 0 14 9 +ld w Sa2e8 Reported: Listed £100 N.Z. Farmers’ Co.op.» 4J p.c. stock, 98 15 0 100 G. J. Coles 0 14 10 N.C. 500 Royds Bros, and Kirk (S’land.) 1 7 6 1000 William Cable OAA foldings rts - 0 4 9 —Id 200 Feltex, Aust. 1 5 6 —3d 100 Mid Mot., pf. 1 0 0

Buyers. £ s. d. Sellers. £ s. d. N Govt.— 3 p.c., 15/9/52-55 . 99 2 6 3 p.c., 15/2/55-58 . 97 5 0 __ 3 p.c., 15/4/56-59 . 95 10 0 3 p.c., 15/6/61-64 . 92 5 0 31 p.C., 15/9/57-60 . 95 15 0 ___ 4 p.c., 31/5/54-58 . 101 10 0 3| p.c. Stock. 197 96 15 0 McKenzie County 31 Debs, 1/4/62 1/4/6$ .. 92 10 0 92 10 0 1/4/64 — 92 0 0 1/4/65 91 10 0 Banks— Aust and N.Z. 1 18 6 1 19 3 Comm, of Aust. . 0 16 9 0 16 10 Comm, of Sydney E., S., and A. 6 2 0 17 0 0 National of N.Z. . 5 3 0 N.S.W., x.d. 33 7 6 34 0 0 Breweries— Ballins. ord. 17 0 18 0 Pref. 10 9 Carlton 19 6 New Zealand 2 7 3 2 8 0 Queensland 15 6 Frozen Meat—

Canterbury Pref 24 17 6 7 0 0 28 5 0 N.Z. Refrig. 2 6 0 _M 10s 13 6 MM Nth. Canty, pref. 13 0 , , - Gas— Christchurch 0 17 0 —— 10s paid — 0 7 6 Timaru 19 0 Wellington 116 ~ - Timaru, con. 0 9 0 - jaurance— National .. MM 18 0 South British 3 4 0 Standard .. 4 19 0 Loan and Agency— C.F.C.A., ord. .. 18 6 MM Chch. Building 0 16 0 MM Dalgety “A.," c.d. .. 0 12 9. 0 12 9 N.Z.F. Co-op. 0 13 3 1st pref. 0 14 4 MM "A” pref. 0 13 3 MM "B” pref. 0 13 3 MM 4J p.c. Stock, ’60 97 7 6 • M— 41 p.c. stk., 29/5/60 — 98 15 0 4J p.c. Stock, 59 .. — 98 0 0 S. Island Finance 18 6 United Building .. 10 0 1 ~1 0 Wright, Stephenson 2 3 6 2 5 0 Pref. u 14 3 10s paid 1 11 0 MM ShippingNew Zealand, pref. 11 0 0 Huddart Parker, pf. M— 2 4 0 Pref. 0 18 6 MM P. and O. 2 8 6 MM Union, pref. — 16 6 Woollens— Feltex ... 15 0 16 0 Feltex, N.Z., pf. .. Mm 16 0 Manawatu •• 4 0 0 M. Mosgiel, x.d. 3 6 0 MM Oamaru, x.d. 2 7 6 MM Lane, Walker, Rudkin Industries .. —M 2 6 6 Timaru, c.d. 1 12 0 MM Miscellanejus— Alloy Steel (N.Z.) MM 29 0 Ampol —— 12 0 Andersons, 1st pref. 12 3 MM A’sbroks, new pf. M— 0 12 3 Aust. Found. Invest 0 4 3 MM Avon Metal MM 0 10 0 Beath and Co. M— 2 14 9 Is paid .. 0 19 11 MM Booth, Macdonald 0 4 3 0 4 6 British Tobacco MM 16 0 Broken Hill Pty. 1 12 3 1 12 10 Claude Neon, N.Z. — 2 13 0 Colonial Sugar .. MM 34 10 0 Coulls 1 13 6 MM Consol. Brick MM 0 12 6 Courtaulds MM 0 15 8 Dom. Builders ■— 0 11 6 Dom. Fertiliser 2 3 6 MM Donaghy’s Rope .. Drug Hs. of Aust. 15 0 2 5 6 Dunlop Rubber MM 1 ~7 8 Dunlop, N.Z. 1 2 & 0 16 6 13 6 Electro. Zinc, ord. MM 18 0 Pref MM 17 3 Evans Atlas 0 17 9 —'rg Fletchers 2 16 — "C” pref. MM 1 1 8 G. J. Coles 0 14. 9 0 14 10 Greater Crystal .. 116 —— Hay’s MM 3 7 6 Humes 2 5 0 2 6 0 Humes (N.Z.), pref. 13 0 13 4 Harley ~ 1 10 6 MM J. Gadsden MM 1 11 0 J. J. Niven 2 8 6 MM K.D.V. Boxes MM 0 14 0 KJ*. Drugs 6 7 0 —— Mackintosh, Caley, Phoenix MM 0 7 3 Maling, pref. — 119 Mason, Struthers, 14s paid 110 MM 10s paid 0 15 0 MM McCaskey, pref. .. MM 0 18 3 McKenzies 10 6 MM Mid. Mot. pref. .. 0 19 9 10 3 Milbum Lime 19 0 MM Mauri Bros. WM 1 17 6 M.K. M’frs. MM 0 12 6 N.Z. Forest. Prod. • 0 15 10 MM Pref 0 19 6 10 0 N.Z. Indus. Gases, pref. .. .. MM 10 6 N.Z. Newspapers .. ♦ 1 10 0 —

N.Z. Paper Mills, c.d. .. .. Norvic Shoes Procera Quill Morris Reid Rubber, c.d. Buyers. £ s. d. 0 8 6 13 9 Sellers. £ s. 1 13 0 14 0 10 1 ~4 d. 0 6 6 0 Pref. __ Skellerup, pref. 119 nn Royds Bros, and Kirk (Southland} 15 0 1 8 6 Wilcox Mofflin .. _N 0 4 9 Whakatane, ord.. new 115 1 1 10 Whit, and Tombs 1 11 0 Wm. Cable 1 io 0 Rights 0 4 9 0 5 0 Wilsons Cement, c.d. 0 14 9 -— W’worths, ord. 0 14 9 0 15 0 2nd pref. nn 1 0 6 (N.Z.), ord., c.d. .. 110 Nn Pp., pref. — 1 3 6 W. R. Carpenter .. 0 13 0 NN W. R. Cooke and Son 0 13 0 NN W. Jeffrey 13 6 NN — Pref, x.d. — 1 1 6 Mining— Grey River 0 2 9 NN Snowy River 0 3 0 0 3 8 UNLISTED STOCKS Canty. Saleyards .. 2 2 0 NN Beaths (Is paid, 19s deposit) 1 18 9 NN Canty. Seed 19 0 NN D.Y.C.. pref. — 1 12 0 Kaiapoi .. . 17 6 Pref. NN 1 6 0 Tingey, R. & E., rts. 0 19 0 2 3 Reece, Ltd., E., ord. 0 13 NN Regent Theatre 0 12 3 NN Prudential Build. .. 0 17 5 0 19 0 Scales, °C” pref. .. 0 8 6 NN Tasman 0 6 8 0 6 10 Tekau Knitwear, pref. — 1 1 9 Vibrapac 0 19 6 —