COMMERCIAL

Press, Volume XCI, Issue 27676, 4 June 1955, Page 11

COMMERCIAL

STQCK EXCHANGES

MARKETS FIRM Markets remained arm on the Christchurch Stock Exchange yesterday, in tradIng which was in the main confined to Government stock.

DOMINION TRANSACTIONS CHRISTCHURCH Sales on ’Change, Listed

Sales.—Late Thursday: £5OO 3 per cent., 15/4/56-59, £96 ss; 10 Bank of N.S.W (Sydney registry), £3O ss. Yesterday: £5OO 3 per cent., 15/7/61-63, £93 15s; £lOO 3J per cent., 15/1/53-57, £99 17s 6d; £lBOO 3J per cent., 15/5/62, £97 12s 6d; £2lO Ellerslie Borough Council, 44 per cent, 17/4/60, £lOO ss; £l2O Auckland Gas, 4J per cent, perp deb., £73 10s; 100 Commercial Bank of Aus., pref., £6 6s 6d; 264 Auckland Gas (5s paid), 2s 3d: 100 Wright, Stephenson, new, 455; 18 Amalgamated Batteries, rights, 10s; 15 Colonial Sugar, £33 10s; 690 Fletchers 425, and 100 pref.. 255; 200 Hawkins Holdings, 25s 6d; 109 Milne and Crioyce. 59s 6d; 300 Forest Products, 15s lOd, and 350 pref.. 19s Id: 300 Purr Pull, 30s 9d. Unlisted: 1000 Heards. 40s; 800 Hellabys, £5 12s per cent., pref., 24s 9d, and 400 1954 pref., 22s 6d; 315 John Burns, 51s; 1778 Matea Forests, 4s 2d; 100 Pacific Forests, 14e 3d; 200 Commercial Bank of Aus., 16s; 100 South British Insurance, 62s 9d; 200 Silknit, 12s. WELLINGTON Sales.—loo Ampol, 14s 10id; 500 G. J. Coles, 13s 2d; 100 J. Gadsden, pref., 21s 3d; 700 Wilson's Cement, 14s lid; 600 Woolworths. 14s lid; £4700 34 per cent., 1953-57 ( 2 sales), £99 17s 6d; £7OOO 32 per cent., 1959 ( 2 sales), £99 7s 6d; 400 N.Z. Forest Products, 15s 9d; 300 Wilson’s Cement, cum div. (2 sales), 14s lid; 1000 Woolworths, Ltd. (4 sales), 14s lid; 800 G. J. Coles (4 sales), 15s Id; 200 Wm. Cable Holdings (2 sales), 335; 500 Woolworths, Ltd., 15s; 100 D.1.C., ord., 24s 9d; 196 McKenzies, cum div., 21s 8d; 800 D.1.C., 24s 9d; 800 Ross and Glendining (2 sales), 38s 6d. Unlisted: 500 Cory-Wright and Salmon, pref., 21s 6d. DUNEDIN Sales.—loo Ballins Brewery, 295; 100 Humes, Ltd., 51s; 5 Colonial Sugar, £33 10s. Sales Reported.—£soo 3 per cent., 15/7/62-64, £92 10s; 100 A. and N.Z. Bdnk, 335; 200 Ampol Petrol, 14s 9d; 300 D.1.C., ord.. 24s 9d; 100 N.Z. Forest Products, pref.. 19s; 220 Woolworths. N.Z.. 20s 6d; £2OOO 3 per cent., 15/12/53-56, £99 7s 6d; £2730 3 per cent.. 15/12/53-55, £99 7s 6d; 403 D.1.C., ord.. 24s 9d; 200 N.Z. Forest Products, ord., 15s lOd; 750 Ross and Glendining (2 sales), 36s 6d.

OVERSEAS EXCHANGES SYDNEY Trading generally was steady on the Sydney Stock Exchange yesterday. Sales.—Commercial Bank of Sydney, £2O Is; Bank of New South Wales, £3B; Tooheys, 30s; Tooths, 57s 6d; Swam, ex div. 9s; Associated News, ex div., 265; Anthony Hordern, 40s 6d; A.CJ., 48s; British Tobacco, 36s 104 d; Burns, Philp. 54s 9d; Colonial Sugar, £4l 17s 6d; David Jones, 63s 6d; Dunlop Rubber, 33s 7Jd; Electrolytic Zinc. 45s 9d; Email, 18s 3d; Taubmans, 17s 6d; Wilcox Mofflin, 5s 7d: Woolworths, 18s 9d; Consolidated Zinc, ex div., 59s 6d; Mount Isa, 64s 3d; Ampol Petroleum, 18s; Ampol Exploration, 25s 3d; Australasian Oil Exploration, 5s sd; Longreach, sd; Oil Search, 8s lOd; Amalgamated Wireless. 39s 3d; Bradford. 41s 6d; Broken Hill Proprietary, 41s 6d; Courtaulds, 17s 9d; Drug Houses, 33s 9d; G. J. Coles. 19s: 1.C.1., 41s 9d; New Zealand Forest, 19s 3d; Yarra Falls. 355. MELBOURNE Trading was again active in the investment section at Melbourne yesterday, and sales covered a wide range of stocks. Prices generally were firmer. Uranium stocks were taken higher on a more active trading, but oil moved variably. Gold tended to ease. Sales.—Consolidated Zinc, 59s 6d; New Broken Hill. 44s 6d; Emperor Mines. 13s 8d; Mount IMbrgan. 25s 6d; Ampol Exploration. 255; (Ml Search, 9s; E., S.. and A. Bank, £6 10s; Carlton Brewery, 46sAmal. Wireless, 39s 3d; Ampol, 18s 3d; pref., 19s 6d; and, options. 5s sd; Aust. Iron and Steel, pref., 26s 6d; Associated Pulp. 26s 2d; A.C.1., 48s 6d; A.P.M.. 22s Is; and, pref., 19s 8d; British Tobacco, pref., 21s 9<t Broken Hill, 41s 6d; and, contributing, 19s 4d; Courtaulds, 17s 9d; Drug Houses, 345; Dunlop, 33s 6d; Electro. Zinc, pref.. 44s 3d; G. J. Coles, 18s lid; Gordon and Gotch, 18s lid; Herald, 20s 7d; 1.C.1./A., N.Z., 41s 9d; and. pref., 19s M; Myer, 14s 9d; N.Z. Forest. 19s Id; Olympic. 9s; Patons and Baldwins, 235; Woolworths, 18s Bd. LONDON Governments: Consolidated, 2J per cent., <6O 10s, x.d.; Rinding Loan, 4 per cent.. £97 10s; War Lean. 3J per cent., £Bl 10s; Conversion Loan, 3J per cent., £Bl 10s; Victory Bonds, 4 per cent., £9B 10s; Commonwealth, 3j >er cent., £92 10s; Commonwealth, 31 per cent., 1956-61. £93 10s; Commonwealth, 31 per cent., 1965-69. £BB 10s; Commonwealth 3 per cent., £9a 10s; South Australia. 3 per cent., £67 10s x.d.; New Zealand, 3 per cent., £lOO. Mining: Broken Hill North, 73s 6d; Conaohdated Zinc. 4« s 3d; New Broken Hill, 35s 9d; Mount Lyell, 18s 9d; Mount Isa, 50b.

CHRISTCHURCH QUOTATIONS

£400 N.Z. Govt. Stock, 3 p.c., Dec., 1953- £ s. d. 99 7 6 Var’n. 56 200 Comm. Bank Aust. 0 15 11 250 Aulsebrooks, pref. 250 Aulsebrooks, pref. 12 3 N.C. (new) 12 3 N.C 100 Woolworths. Ltd. 300 Wilson’s Cement, 0 15 0 4-ld c.cT 0 14 11 N.C. Sales Reported, £900 N.Z. Govt. Stock, 3 p.c.. May, 1953Listed 56 (2 sales) 98 15 0 £500 Dec., 1953-56 99 7 6 £515 1960-63 92 15 0 £1200 1962-64 92 12 6 £3000 32 p.c., 1959 18 Amalg. Batteries, 99 7 6 — rights 200 Consolidated Brick 0 10 0 — (late sale Thurs.) 0 14 0 400 DJ.C. 250 Ross and Glendin14 9 N.C. ing 500 Woolworths, Ltd. 1 16 6 —3d (3 sales* .. 0 15 0 4-ld 100 National Insurance 300 Woolworths (N.Z.) 17 0 N.C. Properties, pref. .. 12 3 AUCKLAND N.C.

N.Z. Govt.— Buyers £ s. d. Sellers £ s. d. 3 p.c., 15/9/52-55 .. __ 100 5 0 3 p.c.. 15/5/S8-56 .. 98 12 6 3 p.c., 15/12/53-56 .. 99 5 0 99 10 0 3 p.c., 15/2/55-58 .. 97 10 0 __ 3 p.c., 15/4/56-59 .. 96 3 0 3 p.c., 15/11/57-60 .. 94 0 0 __ 3 p.c., 15/8/51-61 .. 94 10 0 3 p.c., 15/4/66-62 .. 93 0 0 3 p.c., 15/4/66-63 . . 92 15 0 3 p.c., 15/7/61-63 .. 93 5 0 3 p.c., 15/6/61-64 .. 92 15 0 __ 3 p.c., 15/7/62-64 .. 92 10 0 __ 3 p.c.. 15/7/63-65 .. 92 0 0 —— 3 P-C., 15/5/64-66 .. 90 0 0 34 p.c., 15/1/56-56 .. 97 15 0 _— 34 p.c., 15/9/57-60 .. — 96 0 0 3J p.c., 15/1/53-57 .. 99 15 0 4 p.c.. 31/5/54-38 .. 99 7 6 99 12 8 31 p.c;, 1959 99 5 0 3? p.c., 1962 97 15 0 3? p.c., 1965 97 0 0 97 7 8 32 p.c., 1974 94 10 0 __ BanksAust. and NJZ„ — c.d. 1 12 9 Comm, of Aust. .. 0 16 0 Pref. 6 8 0 K, S. and A. .* 5 3 0 Natl, of A>5a, £1 16 0 — 12s 6d .. — 0 16 6 N.S.W. 33 5 0 —~ Breweries— Ballins, ord. •• 18 9 — Pref. 10 6 — Dominion — 4 11 6 New Zealand, C.d. — 2 9 6 Frozen Meat— Canterbury • • 24 10 0 — Pref 7 7 6 ■i Gear .. ■ — 18 6 N.Z. Refrig. 2 9 0 — 10s 14 0 Nth. Cant., pref. .. 13 3 Gas ■ ■ Christchurch 0 17 6 — Contr. 0 8 3 Wellington, pref.. c.d. — 116 InsuranceNational 16 9 17 3 New Zealand 6 15 6 — South British — 3 3 0 Standard .. — 4 19 6 Loan and Agency— C.F.C.A, ord. 1 12 8 — Chch. Bldg. 16 10 0 — Dalgety 0 9 9 0 10 3 Goldsbrough, Mort 19 6 — Mutual Benefit .. 1 10 6 — Natl. Mort., “A" .. 0 11 3 — "B” 2 15 0 — N.Z.F. Co-op. •• 0 14 9 , — First pref. 0 15 0 •— “A” pref. 0 14 0 — “B” pref. 0 14 0 — <1 p.c. Stk., ’55 — 97 5 0 N.Z. •Juar. Corp. 0 2 2 0 2 4 N.2f.L. and Merc. .. — 13 0 Perm. Investment 11 15 0 — Perpetual Trustees 2 5 0 —• Sth. Island Fin. .. 1 8 0 United Building ., —• 10 6 ■hipping— N.Z., pref. 10 5 0 P. and O. 2 8 6 — Union, pref. 14 7 15 0 Timber— Putaruru, ord., 10s paid 0 13 6 Woollens— Bonds 111 0 Bruce 2 6 9 — Feltex 13 6 •— Lane, Walker 2 3 0 — Pref. 12 1 •— Korma, pref. ... .. 0 18 3 — Manawatu 5 .. 2 9 0 —— Mosgiel ., . 3 7 6 - — C-maru 2 9 3 > —. Matheson Minster -A 0 10 0

£ BU / £■ s. d. Tekau, pref. « • - 113 1 13 0 — 10 6 Andrews and Beafs? <NZ ;’. 10 6 2 8 0 Andersons, 1st pref. 1 0 111 2 16 0 13 6 — 1 17 0 Booth <N Macdonaii Ill 0 5 2 n i 431 CoGrtaulds BriCk :: ill 11 I S’it J pl | Ilf 1 12 0 13! Hi ?"? ? 10 6 — — 1 15 0 1 “1 9 n ? 1 8 0 — lii 0 16 0 0 19 9 — 0 14 6 — tii 110 1 17 0 Turnbull and Jones pref , .. —— i i <i — 12 3 Whakatane, ord. .. 1 1 ? — Wm. Cable' . I 1 ! ° 6 1 13 0 I in 0 15 0 1 0 9 1 2 0 12 6 Son • • 0 15 9 — A list. Mining— Mount Morgan Z 0 19 0 1 °0 3 n r? r Kaniert VCr •• 0 8 6 0 12 0 Cyclone Fence and STOCKS » 0 14 0 bi i H: C?Sy? B Seed j.’ J li i - 1 11 6 — 116 Europa Oil* (N.Z.’)*. 1 12 6 w i i i ? j i — E : ’oS 9 • 3 0 — 11 • s