COMMERCIAL

Press, Volume XCI, Issue 27657, 13 May 1955, Page 15

COMMERCIAL

stock Excq

RISING mark 4 BANK OF NJ In moderate trading on the brack Exchange yesterday » mainly held a steady coura la P, Insurance had buvif sellers—at £6 15s. No sale® Ret leader were recorded ol Dominion exchanges yesterdg Auckland, where a small & sold at £6 15s. .The feature of the day's tradk rise of 10s in Bank of New Soi to ex dividend business at £ buyers prepared to carry on B gur e- TT?ere were sales elsewhd the Dominion at the same price. rtivirtSiSH 81 # Bank of New Zealand, cum thvidend, for which sellers asked £5 10s on Wednesday had buying quotations of a bare market. It was noted .ILi ona ! Insurance, which have had market of late, looked slightly an x^ lth buyers at the late rate of for 27s 3d ng faCed With sellers holding

AUCKLAND wr i nn 6d ’ , 300 K °rma, 18s 6d; 100 Timaru ChSllhS, 10 ® Donaghy’s, 435: SO John S’lw'S 3 ? s: a 3o ?„J' orest Products, 15s ducts B ? nd 'J° S . ; 2 °° s Peedway ProBrick ?S/sd io Yesterday: £3OO Amalg. V?' 59 ',. 5 PGr cent., £93 15s; 927 Auckland Gas (os paid), 2s Id; 35 NZ 2R^ U rh” C 7Aa £ a Jt S ’ 500 Devon P°rt Ferry’ Sri A C- 1 -, 38s 3d; 100 B.H. Pty., 335. 20 Consol. Brick, 12s 7Jd; 50 3s: 200 Electro. Zinc, pref., 2®® Pl eer £\_ rts d ls 10d; 500 Hays--33s 6d, 100 John Chambers, 30s; 200 Moril S o S ds £? m ’ M: 200 Forest Products, l ss .h?? Pref.. 18s lid, and 300 19s; 1100 Reid Rubber, 245. B , WELLINGTON Wednesday: £3OOO 32 per cent., 1962, £9B 15s; 50 Comm. Bank Austraha, pref., £6 6s 6d; 200 N.Z. Brewerio S ' D °naghy’s Rope, cum div., 435; 200 J. J. Niven, 48s 3d; 120 Whakatane Board, new, 21s 4d; 200 Mt. Lyell, 21s. Yesterday: £7OO 3 per cent., December, 1953-56, £99 10s; £5OO 1959-61, £93 15s; 100 Commercial Bank Aust., 15s lid--100 Matea Forests, 4s Id; 1200 Gear Meat, 28s; 200 Ross and Glendining. contrib., 20s; 100 Gear Meat, 28s; 80 Natl. Mortgage “A,” cum div., Ils; 100 Donaghy s Rope (2 sales), cum div., 435; 300 Reid Rubber, 245; 100 Clyde Engineering, 245: 100 Griffins, 42s 9d; 400 Electro. Zinc, pref., 35s 6d; 400 Fletcher "C” pref., 35s 6d; 50 Charlands, 72s 6d; 600 Woolworths. Ltd. (3 sales), 14s lid. Unlisted: 100 Matea Forests, 4s Id. DUNEDIN Sales.—s Bank New South Wales, £33; 400 N.Z. Refrig., con., 23s 3d; 80 8.H.P., 32s lid; 100 K.P. N.Z. Drug, £7 2s 6d. Reported: £1505 N.Z. Govt. 3 per cent.. April 15, 1960-63, £92; £4OO May 15, 195356, £lOO 2s 6d; 300 N.Z. Refrig., con., 23s 3d; 500 Coulls, Somerville, Wilkie, pref.. 225; 300 Woolworths, Ltd., 14s lOd; 500 Ross and Glendining, 36s 9d; 120 8.H.P.. 32s lOd; 400 Union Steam, pref., 255; £lOOO N.Z. Govt. 4 per cent., May 31, 1954-58, £lOl. OVERSEAS EXCHANGES SYDNEY The investment market on the Sydney Stock Exchange showed a firmed trend yesterday, especially for leading stocks. Oil shares, however, were weaker. Uraniums also showed a tendency to ease. Sales.— Commercial Bank of Sydney, £2O 2s; Tooheys, 30s; Tooths, 375: Associated Newspapers, 26s 6d, and pref. 20s 3d; Anthony Hordern, ex div., 33s 6d; A.CI, 48s; A.P.M., 20s 3d; Bradford, 425; British Tobacco, 37s 3d; Broken Hill Pty., 41s 9d; Burns, Philp, 56s 3d; Courtaulds, 18s 4Jd; David Jones, 58s 3d; Drug Houses, 32s 6d; Dunlop, 34s 3d; Email, 17s; G. J. Coles, 18s fid; 1.C.1., 425; Morts Docks, 20s 6d; Taubmans, 17s 6d; W. Moffiin, 5s sd; Woolworths, 18s 10jd; Pego, 8s 4d; Eldorado, 14s 3d; Mount Lyell, 25s 6d; North Broken Hill, ex div., 92s 9d; South Broken Hill, ex div., 665; Ampol Petroleum, 17s; Ampol Exploration, 19s 9d; Associated Freney, 5s lOd; Oil Search, 9s. MELBOURNE Trading was active in selected stocks in the investment section at Melbourne yesterday. Sales covered a wide range and prices were firm. Prices moved variably in a dull mining section, and few stocks reached the sales list. Sales.—Broken Hill South. 65s 3d; Mt. Isa, 66s 6d; Mt. Lyell, 25s 9d; North Broken Hill, 935; Mt. Morgan, pref., 13s 6d; Ampol Exploration, 20s 3d; Oil Search, 9s 4d; Commercial Bank, 19s 6d; Ampol, 17s; Associated Pulp, new, 27s 3d; A.P.M., 20s 4d; Aust. Iron and Steel, pref., 26s 3d; Broken Hill Pty., 41s 6d, and cont. 19s 7d; Courtaulds, 18s 3d; Electro. Zinc, 45s 6d, and pref. 44s 9d; Felt and Textiles, 30s, and second 6 per cent. pref. 21s fid; Gordon and Gotch, 18s 9d; Herald. 20s; Humes, 655; N.Z. Forest, 19s Id; Olympic, 8s lid; Woolworths, 18s 9d. CHRISTCHURCH QUOTATIONS Buyers Sellers £ s. d. £. 8. d.

DOMINION TRANSACTIONS CHRISTCHURCH bales on ’Change Listed 100 Ballins Breweries £ s. 0 d. s Var’n. N.C. 200 National* Mortgage 25 K.P. Drugs 7 6 nxT. Sales Reported, £400 N.Z. Govt. Stock, 3 per cent., I9605 400 63 Bank of N.S.W. .. Ballins Breweries 91 33 15 0 0 0 0 6 +i, 0/ - 100 N.Z. Breweries 2 10 0 K c* oXX Refrigerating 200 Booth, Macdonald 300 Broken Hill Pty., 2 sales 300 J. J. Niven. late 1 0 I 3 5 13 6 5 0 4-3d 4-ld N.C. 100 300 sale. Wed. K.P. Drugs McKenzies, c.d. 2 7 8 2 3 6 N.C. N.C. 300 200 •Reid Rubber Tasman, 10s paid .. 4 1 9 0 n:c. 200 Speedway Products, 200 Waltons, 5s 6d paid 0 5 10 6 3 N.C. 500 Sales Reported, Matea Forests Unlisted 0 4 1 +3d

N.Z. Govt. Stock— 2J per cent. -War Loan, 1/10/53 .. 99 0 0 3 p.c., 15/12/53-56 .. 99 5 0 ■m3 p.c., 15/2/55-58 .. 97 5 0 — 3 p.c.. 15/4/56-59 .. 95 5 0 — 3 p.c., 15/11/57-60 .. 95 5 0 3 p.c., 15/4/60-62 .. 92 10 0 3 p.c., 15/4/60-63 .. 91 12 6 91 17 6 3 p.c., 15/7/61-63 .. 92 10 0 Mm 3 p.c., 15/7/62-64 .. 91 10 0 MM 3 p.c.. 15/7/63-65 .. 91 *7 6 MM 3 p.c., 15/5/64-66 .. 90 15 0 31 p.O. 15/1/56-59.. — 95 12 6 31 p.c., 15/9/57-60 .. 95 5 0 95 12 6 32 p.C., 1959 .. 99 0 0 4 p.c., 31/5/54-58 .. 101 0 0 MM 3% P C., 1959 .. 99 Banks— 0 0 — A. and N.Z., "B” 1 13 0 MM Aust, and N.Z. .. 1 12 0 —M Comm, of Aust. .. 0 15 9 0 16 0 Pref. .. .. 6 6 0 MM National of N.Z., c.d. .. 5 1 0 MM N.S.W. .. 33 0 0 MM. Buyers. Sellers £ s. d. £ s d Breweries— Ballins, ord. .. 1 8 9 MM. Pref. .. .. 1 0 6 — New Zealand .. 2 9 9 2 10 3 Frozen Meat— Canterbury — 25 0 0 Pref 7 6 0 MM N.Z. Refrig. .. 2 8 0 — 10s .. .. 1 3 | 1 3 8 Nth. Cant., pref. .. 1 3 0 — Gas— Christchurch .. 0 17 6 — 10s paid .. 0 7 10 0 8 6 Wellington — 1 1 0 Pref. .. .. 0 19 9 1 1 6 Insurance— F.A.M.E. .. 1 8 9 —— National .. .. 1 6 9 1 7 3 New Zealand .. 6 15 0 MM South British .. 3 3 0 MM Standard .. 4 15 0 — Loan and Agency— C.F.C.A., ord. .. 1 11 6 MM Credit and Finance 1 2 9 M— Chch. Bldg. .. 16 12 6 — Dalgety “A” .. 0 9 9 — Goldsbrough, Mort 1 13 3 MM Mutual Benefit .. 1 10 0 MM Nat. Mortgage, “A” 0 11 0 — "B” —— 2 15 6 N.Z.F. Co-op. .. * 14 4 MM. 1st pref. .. 0 15 0 — "A” pref. .. 0 14 0 0 14 6 “B” pref. .. 0 14 0 MM 4£ p.c. Stk., ’60 .. — 97 10 0 N.Z. Guarantee — 0 2 4 Perpetual Trustees 2 5 0 MM Sth. Island Finance 1 8 0 1 11 0 Wright, Stephenson 2 5 0 2 5 6 Pref 1 3 0 MM Shipping— N.Z., pref. .. 10 5 0 MM Huddart Parker .. 2 5 3 2 6 0 Pref. .. 0 18 0 —M l Union, pref., c.d. 1 5 0 — Timber— Putaruru (10s) — 0 13 6 Woollens— Bonds .. •• 3 10 0 MM Bruce • • 2 5 6 MM. Feltex .. 1 3 9 1 4 6 N.Z. .. 1 14 Q MM Lane. Walker .. 2 2 6 2 2 6 Pref. .. 1 9 MM Tekau .. 1 4 9 1 5 6 Pref. .. .. 1 0 6 1 1 3 Math. Minster .. 0 9 3 0 9 9 Wellington .. 11 0 0 -MM Pref 11 0 0 MM Miscellaneous — Alloy Steel (N.Z.) 2 3 0 2 9 0 Amal. Batteries .. 1 11 9 MM Ampol .. 0 14 0 0 14 6 Andersons, 1st pf. 1 2 0 MM Aust. C.I. .. 1 18 0 —— Andrews and Beaven, pref. .. 1 0 0 1 1 0 Aulsebrooks, pref. 1 2 0 —M. Avon Metal -. 0 5 0 0 9 6 Beath and Co. (Is paid) .• .. 1 Berlei •• 1 2 15 6 6 1 17 9

Berlei Industries .. Buyers. £ s. d. 2 6 0 Sellers. £ s. d. Booth, Macdonald British Tobacco 1 ~9 6 5 Broken Hill Pty. .. 1 12 10 1 13 3 Claude Neon, N.Z. 2 7 3 Cox Brothers 0 5 7 Donaghy’s Rope, c.d. ■ ■ 2 3 6 DJ.C. (10s pd.) .. — 15 0 Pref 12 6 •— Dunlop, N.Z. 110 •— Pref. — 0 17 6 Electro. Zinc, ord. 1 15 6 —- Pref. 1 14 6 Evans Atlas 0 17 6 —— Farmers’ Trading .. — 2 4 0 Fletchers Holdings . 2 13 —— "B.” pref. 10 3 — 6 ’C” 1 1 0 116 Farmers’ Trading, “C” pref. G. J. Coles 10 9 0 14 8 113 0 14 9 Greater Crystal 13 0 Gordon and Gotch 0 14 9 Hallensteins 1 15 3 —_. Hay’s 1 13 0 1 13 6 Hay’s, pref. 12 0 12 3 Humes (N.Z.), pf. 12 0 I.C.I., A., N.Z. 1 13 0 —— J. Gadsden 19 6 — Pref. 119 — J. J. Niven 2 8 6 Watties 1 16 3 K.P. Drugs .. 7 0 0 7 5 0 Mac. Caley —— 0 8 0 Maling, pref. 10 0 116 Mason, Struthers, £1 paid 1 13 0 —— McCaskey. pref. .. — 0 18 0 McKenzies, c.d. 1 1 6 1 1 11 Milne and Choyce 2 18 6 —. Midland Motors, pf. — 10 6 Milburn Lime 17 3 New .. .. 17 3 18 0 M.K. Mfrs. 0 12 8 Morris Hedstrom .. 2 2 0 — N.Z. Fertiliser .. 1 17 6 — Pref. 12 6 — N.Z. Forest Prod. 0 15 8 0 15 10 N.Z. Newspapers 1 13 3 Norvic Shoes 0 14 0 — Procera 0 10 0 __ Quill Morris 16 3 — Radio (1936) 0 19 0 •— Reid Rubber 1 3 10 14 2 Pref. 110 Ross and Glend. .. —— 1 17 0 Skellerup, pref. .. 10 8 116 Speedway — 16 0 Turnbull and Jones 2 10 Pref. — 110 Weeks .. .. 1 11 0 Tip Top Wnakatane, ord.. 110 1"I 6 new 10 9 116 Wm. Cable 1 11 3 Williamson Jeffery — 14 0 Wilson Malt 10 6 Woolworths ord. .. 0 14 10 0 14 11 N.Z., ord.' 10 5 (N.Z.), pf. 1 15 0 Pp.. pf. 12 0 — W. R. Cooke and Son 0 15 0 Waltons, 5s pd. .. 0 10 3 Tasman, 10s ., 0 12 3 0 12 9 Aust. Mining— Mount Lyell 112 11 6 Mount Morgan — 10 9 Mining— Grey River 0 3 0 — Kaniere 0 8 0 — UNLISTED STOCKS Cyclone, 10s paid 0 13 1 0 13 6 10s paid, pref. .. 0 10 4 0 10 6 Pref. 0 10 4 0 10 6 10s paid in adv. ■_ 1 1 0 Amuri Lime 10 0 Andrews and Beaven, ord. 13 3 Bing Harris — 10 6 A.P.A. 17 6 Beathj (Is paid, 19s deposit) 2 3 0 2 5 6 Buntings 19 0 Canty. Seed 1 10 6 . Carbonic Ice 3 19 Christchurch Press 12 10 0 — Cory - V’right and Salmon .. 1 11 6 — Pref. — 113 Colonial Motors 1 15 6 _ Kaiapoi 18 6 1 10 0 Pref. __ 15 0 Matea Forests 0 4 0 *— Mt. Cook Tours .. 0 9 6 National Tobacco .. 0 15 9 — N.Z. Fisheries 0 6 3 0 9 0 Tingey, R. and E. 0 10 9 Reece, Ltd., E., ord. 0 6 9 — Prudential Building — 10 0 Scales 0 11 3 0 13 0 Tasman, 10s paid, 10s in advance, new 12 7 Tudor Hosiery 1 1 6 Victoria Mansions 18 0 Weeks (Wanganui) pref. —— 12 3