COMMERCIAL

Press, Volume XC, Issue 27538, 21 December 1954, Page 17

COMMERCIAL

STOCK EXCHANGES MARKETS REMAIN FIRM Transactions on the Christchurch Stock Exchange yesterday were light, and although only token business was written, there were sufficient indications of very firm markets. DOMINION TRANSACTIONS

AUCKLAND Sales.—Late Friday: £BOO Auckland City Council. 24/9/57, 3 per cent., £99 17s «d; 301 Farmers' Trading, “C!’ pref., 21s fid; 410 Fletchers. “C” pref., 21s 7d; 50 J. J. Niven, 49s 3d; 100 Rhodesian AngloAmerican, 80s 6d. Yesterday: £lOO 3 per cent., 15/5/53-56, £96 7s 6d; £B4O 3 per cent., 16/11/37, £93 17s 6d; 100 Coles. Me 10d; 300 Hadfields. 15s 9d; 50 J. J. Niven, 49s 3d; 50 K.P. it.Z. Drug. £S 10s; 100 Woolworths, Ltd., 14s 9d, and 1012 at 14s Bd. WELLINGTON Sales.—Late Friday: 50 J. J. Niven, 49s 3d. Yesterday: £ll,OOO 3 per cent., 196063 (2 sales), £92 ss; 200 Dominion Breweries, 88s; 50 Bonds Hosiery, 655; 224 Golden Bay Cement, rights (2 sales), 4d. Sale Reported.—l9o Whakatane, pref., new, 21s 9d. . « DUNEDIN Sales.—Late Friday: 10 Bank of N.S.W., £33 10s; 600 Commercial Bank, ord., 16s 7d. Yesterday: 300 National Insurance (2 sales), 28s. Sa|es Reported.—£6oo N.Z. Govt. 3 per cent., 25/4/60-63, £92 ss; 62 Standard Insurance, 975; 400 Hume’s Industries, pref., ■ 23s 3d. i OVERSEAS EXCHANGES SYDNEY Share prices showed little alteration oh the Sydney Stock Exchange yesterday, as many investors withdrew from the market. Sales—Bank of New South Wales, £3B 12s fid; Tooheys, 28s 3d; Tooth, 86s; Associated News, 23s 6d; Amalgamated Wireless, 40s 6d; A. Hordern, 29s 6d; A.C.1., . 46s 3d; Australasian Paper, 20s 9d; British Tobacco, 345; Broken Hill Proprietary, 39s 6d; Burns, Philp, 54s 6d; Colonial Sugar, £4O 15s; Courtaulds, 16s; Drug Houses, 335; Electrolytic Zinc, 365, J and pref., 34s 9d; Felt and Textiles, 28s 1 6d; Coles, 18s 6d; Yarra Falls, 36s 9d; J Emperor, 16s; New Guinea Gold, 2s 3d; 5 Placer Development, £l4 15s; Mount Isa, i 57s 6d; New Broken Hill, 47s 6d; South I Broken Hill, 675; Ampol Petroleum, 22s 1 9d; Ampol Exploration, 445; Oil Search, 1 18s IJd; Associated Freney, 9s 4d. J MELBOURNE Little activity was displayed in the in- t vestment section at Melbourne yesterday, and prices were steady. A firmer trend < was recorded in the mining section, as 1 better support came for several leading J stocks. Sales.—Broken Hill South, 66s fid; 1 Mount . Isa, 57s 6d; Mount Lyell. 19s 9d; 1 Mount Morgan, 24s 2d; Ampol Explora- f tion, 455; Oil Search, 18s 6d; Commercial s Bank, pref., £8; Goldsbrough, 41s 3d; I Ampol, 22s 8d; Associated Pulp, 24s 9d: r Broken Hill Proprietary, 39s sd; Courtaulds, 16s 2d; Drug Houses, 33s 6d; Dunlop, 34s 6d; Electro. Zinc, 355; Felt and Textiles, 28s; G. J. Coles, 18s 7d; Herald, i 17s 9d: 1.C.1., A., N.Z.. pref., 20s; Kauri, 345; Myer, 13s 6d: N.Z. Forest, 17s 3d: Olympic, 8s lid; Woolworths, 18s 3d. LONDON Broken Hill South. 54s 3d; Broken Hill Proprietary, 31s 7Jd; Consolidated Zinc. v uwS fid; New Broken Hill. 37s 9d: Mount a Isa. 44s IOJd.

CHRISTCHURCH Sales on ’Chance, Listed £ s. d. Var*n. £250 N.Z. Govt. Stock. 3 p.c.. 1959-61 94 0 0 W 1000 Hay’s. Ltd., pref. (3 sales) .. 1 2 3 N.C. Sales Reported. Listed £750 N.Z. Govt. Stock, 3 p.c., 1959-61 .. 94 0 0 200 Dom. Breweries .. 8 0 N.C. 300 Farmers* Trading, "C” pref. • 1 1 5 250 Hay’s, Ltd., pref.. 2 sales 1 2 3 N.C. 100 Humes, Ltd. 2 2 6 100 Rawang Tin 0 11 9 — 25 Bank of N.S.W. 33 10 0 N.C.

— CHRISTCHURCH QUOTATIONS Buyers. Sellers , £ s. d. £ . d 3 p.c., 15/12/53-56 .. 97 5 0 3 p.c., 15/2/55-58 .. 97 2 6 3 p.c., 15/4/56-59 .. 95 5 0 9 15 0 3 p.c., 15/11/57-60 .. 94 2 6 4 p.c., 15/8/59-61 .. 93 15 0 90 0 3 p.c., 15/4/60-63 .. — 9* 7 6 3 p.c., 15/7/61-63 .. — 9. 0 0 3 p.c., 13/7/63-65 .. 91 10 0 3 p.c.. 15/5/64-66 .. 90 7 6 3’i p.c., 1962 — 9 15 0 p.c., 1974 96 2 6 X.C. City 4 p«c., 5/1/1967 .. 99 0 0 Auck. Gas, pref. .. — 81 0 0 A. and N.Z. "B” 1 17 6 Aust, and N.Z. 1 15 9 Comm, of Aust. .. — 16 9 Comm, ot Sydney 16 7 Natl, of A’sia. (£1) 1 11 6 It 10 0 Natl, of N.Z. .. 4 19 0 N.S.W. — Breweries— 3 0 C Ballins, ord. .. 16 9 Pref., x.d. .. 10 0 • Dominion .. 4 8 0 . New Zealand 2 b 3 __ Fmzen MeatCanterbury .. 25 0 0 Pref. .. .. 7 2 g N.Z. Refrig. .. 2 7 6 10s .. ..13 6 Nth. Canty., pf. .. 12 6 Southland .. 2-14 0 —- Auckland .. — 6 0 Christchurch .. 0 18 3 10s paid .. .. 0 7 9 Timaru .. 19 0 Wellington ., — 2 3 F.A.M.E?” ..18 0 Queensland .. 2 10 0 National 17 9 New Zealand .. 6 14 0 South British .. 3 0 0 Standard 4 15 0 Loan and Agency— Chch Building .. 16 IS 0 Dalgety. “A” 0 10 Invincible Bldg. .. — 6 4 19 0 Nat Mortgage. "A” 0 10 9 N.Z.F. Co-op. 0“13 9 1st pref. 0 14 6 41 P 60 96 10 100 0 0 Permanent ’ Invest. 12 5 0 — Wright, Stephenson 2 2 Pref. .. .. 3 ! Shipping— P. and O. .. 2 17 6 rimber’ Pref ’ 15 0 1 5 9 Putaruru, new. pref. 1 0 0 — Bonds 34 0 Bruce — Lane, Walker, Rud2 ~5 b kin, pref. .. 13 3 Feltex — 3 9 Korma, pref. .. — 0 19 Manawatu .. 4 0 0 Oamaru .. .. 2 7 Matheson, Minster, 6 — pref. .. — 1 0 3 Timaru .. 1 12 Miscellaneous— 3 Airwork 14 0 Alloy Steel (N.Z.) — 2 9 0 Amal. Batt. 1 11 3 Aulsebrooks, pref. 1 3 0 Andersons, ist pref 1 2 0 Aust. C.I. 1 17 And. and Beaven, 4 —' pref., c.d. 10 9 ‘ Avon Metai .. — 0 10 0 Beath and Co. — 2 15 0 Is paid .. 10 1 Berlei (N.Z.) — 2 3 6 Booth, Macdonald 0 3 9 0 4 British Tobacco .. 16 6 Broken Hill Pty. .. 1 12 0 —- Claude Neon, N.Z. — 2 11 6 Colonial Sugar .. 32 17 6 33 5 0 Dornin. Builders .. — 0 n 6 Donaghy’s Rope — 2 3 11 D.I.C.. 10s pd. pf. 1 3 9 Dunlop. N.Z. 12 3 1 3 0 Evans Atlas 0 17 9 WM Fletcher Holdings 2 1 6 w—. "C,” pref. 11 5 1 1 6 Frozen Products .. 0 7 3 Golden Bay, rts., .. 0 2 0 G. J. Cole- 0 14 9 i 0 14 1 Greater Crystal .. 12 6 Henry Berry 13 0 — Hay’s, pref. 12 2 1 2 3 J. J. Niven .. 2 9 0 K.P. Drugs 6 10 0 6 12 6 John Chambers . — 1 9 Mason Bros., pref. 1 3 6 Mas. Struth.. 14s pd. 1 1 0 —_ Mauri Bros. .. — 1 16 0 McKenzies .. — i ■ 6 N.Z. Forest Prods. 0 14 N.Z. Indus. Gases, 2 0 14 6 pref. . — 1 1 0 N.Z. Paper Mills 1 10 0 1 11 6 Norvic Shoes .. 0 12 6 0 14 0 Otago Daily Times 2 7 Quill Morris .. 14 Reid Rubber .. — 0 M— 0 1 5 0 1 2 6 Ross and Glendining .. — Skellerup, pref. .. IK Turnbull and Jones 1 17 1 6 0 17 9 Weeks — 1 15 0 Pref — 1 2 9 Whakatane. ord. .. 11 3 1 1 6 Ord., new — 1 1 6 Whit, and Tombs 1 12 0 — Wm. Cable 1 12 9 MM Wmson Jeffery .. 14 0 —— W’worths, ord. 0 14 8 — 2nd pref. .. — 1 2 0 (N.Z.) ord. .. — N.Z. Prop., pf. .. — 1 1 3 0 6 W. R Cooke and Son 0 14 Wm. Cable, new. 5s 0 - paid 0 14 Australian Mining— 6 — Mt. Lyell 0 15 7 —— Mount Morgan .. — Mining— ' 1 0 0 Grey River .. 0 2 9 Snowy River .. — 0 4 0

UNLISTED STOCKS * Buyers. Sellers. Beaths, Is paid, 19s £ a. d- £ s. d. deposit 1 19 0 Buntings 1 9 6 Canty. Seed 1 9 0 Carbonic Ice 3 0 0 Chch. Press 12 0 0 D.Y.C., pref. 1 10 Kaiapoi Woollens 1 ~7 6 Pref. 1 5 g Matea Forests ___ 0 3 o Tingey, R. and E. 0 .9 6 Reece, Ltd., E., ord. 0 7 3 Regent Theatre 0 13 6 Prud. Building 1 "I 0 Tasman Pulp and Paper 0 6 8 St. Elmo Courts, pref. 1 2 g Tekau Knit., pref.. c.d. 3 Tekau, ord., c.d. .. 1 5 0 Tudor Hosiery 1 2 0 Vibrapac •. 1 0 0