COMMERCIAL

Press, Volume XCI, Issue 27688, 18 June 1955, Page 11

COMMERCIAL

STOCK EXCHANGES BUOYANT MARKETS Markets were again active on the Christchurch Stock Exchange yesterday, and the buoyancy of the week's trading was maintained. The outstanding feature was the further sharp rise in Woolworths, Ltd., to sales at 15s lOd and 16s. DOMINION transactions CHRISTCHURCH

AUCKLAND gales— Late Thursday: £lOOO 32 per cent., 15/9/59, £99 10s; 500 Auckland Gas, 6s; 100 Rotoiti Timber, 23s 6d; 600 Putaruru Timber, ord., 22s 3d; 100 Manawatu Knitting. 90s; 565 Coles, 15s 2d; 500 Emperor. Ils 3d: 100 N.Z. Breweries, 48s 9d; 210 N.Z. Insurance. £6 15s 9d; 250 Newton King, pref.. 235; 100 Bradford Cotton, 33s 3d; 800 Feltex (Aus.), 23s 9d; 100 Broken Hill Proprietary, 33s 3d; 100 Farmers’ Trading. “A” pref.. 24s 6d; 200 Fletchers. “C” pref., 21s sd; 200 Coles. 15s 3d; 200 Gordon and Gotch. 15s 4Jd; 200 John Chambers, 31s 6d; 200 Motor Specs , 455: 1100 Forest Products, 15s 9d: 200 N.Z. Refrigerating contribs., 255; 100 Reid Rubber. 25s 9d; 1150 Wilson’s Cement, 15s; 500 Woolworths, Ltd., 15s 9d, and 300 at 15s lOd; 200 Mount Lyell. 19s 9d. Unlisted: 100 Consolidated Brick, pref., 16s 4d; 400 Motor Traders. 545; £lOO Tasman Pulp, 3 per cent., 30/9/64, £99. WELLINGTON Sales.— Late Thursday: £2OO 3 per cent., 1964-66. £9O 10s; £l3OO 4 per cent.. 195458, £» 17s 6d. Unlisted: 100 Consolidated Brick, pref., 16s 4d. Yesterday: £l5OO 3 per eent., 1957-60 (2 sales), £94 15s; £BOO 31 per cent., 1974, £95 10s; £3215 3J per cent, 1953-57, £lOO ss; 200 Commercial Bank of Aust., ex rights. 15s 6d, andL 100 pref., ex rights, £6 7s; 100 South British Insurance. 635; 200 N.Z. Breweries. 48s 3d; 200 Southland Frozen Meat, 59s 6d; 400 Pukemiro Collieries (2 sales). 31s: 200 Tasman Pulp (15s paid), 17s 7d; £5OO Marton Borough Council, 4 per cent., 174/56, £lOO 7s 6d; 250 Newton King, pref. (2 sales), 235; 200 Broken Hill Proprietary (2 sales). 33s 3d; 95 Colonial Sugar (2 sales), £33 15s; 200 Fletchers,“C” pref., cum. 21s sd; 1000 G. J. Coles (5 sales), 15s 2d; 25 K.P.N.Z. Drug, £7 ss; SCO McKenzies, 225; 100 Reid Rubber, 25s 9d; 200 Wilson’s Cement, 14s lid; 100 Woolworths, Ltd.. 15s 9d: 150 Woolworths N.Z. Prop., pref., 22s 3d. Unlisted: 200 Cory-Wroght and Salmon, pref., 21s; 200 R. and E. Tingey. 10s 6d; 200 Wellington Publishing, £ll 10s. DUNEDIN Sales.— 3oo South British Insurance, 635; 50 Wright, Stephenson, ord., £26; 200 Dominion Fertiliser, 42s 6d; 100 Milburn Lime, 295; 100 N.Z. Forest Products, ord., 15s 8d; 300 Tasman Pulp, contrib., 17s 6d; 100 Woolworths, N.Z., 20s 6d, and 100 at 20s 7d. Sales Reported.— 2oo N.Z. Refrigerating, contrib.. 255; 100 National Insurance, 275; 100 National Mortgage “B,” 565; 100 Dunlop. N-Z.. pref.. 17s; 100 N.Z. Forest Products, pref.. 19s 3d: £lOOO N.Z. Government 3 per cent. Stock. 15/7/63-65, £92 12s 6d; 200 N.Z. Refrigerating, contrib.. 255; 100 Broken Hill Proprietary, 33s 3d; 500 Ross and Glendining, 36s 6d; 200 Woolworths, Ltd., 15s 9d; 100 Mount Lyell, 20s; £5OO N.Z. Government 3 per cent. Stock, 15/12/53-59, £93; 100 Whakatane Board Mills, 22s 4d. Unlisted: 400 Cyclone Fen<je, 14s 3d. OVERSEAS EXCHANGES SYDNEY Business continued heavy on the Sydney Stock Exchange yesterday, when prices were again firm. Leading industrial stock showed little change. Sales.— Commercial Bank of Sydney. £2O ss; Bank of N.S.W., £37 15s; Tooheys, 30s 6d; Tooths, 56s 9d; A. Hordern, 445; A.C.1.. 495; Australasian Paper Manufacturers, 22s 6d; Bradford, 41s 6d; British Tobacco, 37s 6d; Broken Hill Pty., 41s 9d; Bums Philp, 555; Colonial Sugar, £4l 15s; Courtaulds, 18s 3d: D. Jones. 60s 3d; Dunlop, 33s 6d; G. J. Coles, 19s: Felt and Textiles, 295; Morts Dock, 21s 3d: Phillip Morris, 21s; W. Mofflin. 5s 6d; Woolworths, 20s IJd; Yarra Falls, 34s 3d; Peko, 7s 2d; Mt. Lyell, 2os 3d; Mt. Isa, 725; New Broken Hill, 44s 6d: South Broken Hill, 89s 6d; Ampol Petroleum, 17s IJd; Ampol Exploration, 21s 9d; Associated Freney, 4s lOd. MELBOURNE Trading was active in selected investment stocks at Melbourne yesterday. Prices tended to firm, but most moves wera narrow. Silver-lead stocks were taken high, but oil and uranium both tended to ease. Trading was quiet.

Sales.— Broken Hill South, 695; Mount Isa, 72s 3d; Mt. Lyell. 25s 4d; New’ Broken Hill, 445; North Broken Hill, 96s 6d; Mt. Morgan, pref., 13s; Ampol Exploration, 21s •d; Oil Search. 8s: Commercial Bank, rights. 2s 8d; Goldsbrough. 38s 3d; Carlton Brewery, 47s 6d; A.WA.. 39s 6d; Ampol, 17s 6d. and options 4s £d; Associated Pulp, 27s 9d; A.C.1.. 495; A.P.M., 22s 6d, and pref. 20s; Bradford Cotton, 41s 3d; British Tobacco. 37s 3d. and pref. 22s 9d; Broken Hill Pty., 41s 9d, and cont., 19s 6d; Drug Houses. 32s 9d; Dunlop, 33s 3d; Electro. Zinc, 46s 6d, and pref. 43s 6d; Felt and Textiles. 28s lid: G. J. Coles, 19s; Gordon and Gotch, 19s; Henry Jones. 51s; Herald, 20s; Humes, 62s 3d; 1.C.1., A.N.Z., 41s 9d, and pref. 20s: Olympic, 9s Id; Patons and Baldwins, 235; Woolworths, 20s Id. LONDON Broken Hill South, 535; Consolidated Zinc, 49s 9d; New Broken Hill, 35s 9d; New Guinea Goldfields, Is 4Jd. CHRISTCHURCH QUOTATIONS

Sales on ’Change, Listed £ s. d. Var’n. .100 National Insurance 1 7 0 N.C, 200 Goldsbrough, Mort 1 10 0 N.C. 100 N.Z. Forest Products. pref. 0 19 3 __ 10 Colonial Sugar 33 15 0 4-2/6 100 Woolworths, Ltd. 0 15 10 4-6d 100 Woolworths, Ltd. 0 16 0 4-8d 100 Woolworths Properties, c.d. 0 16 6 N.C. Sales Reported, Listed £200 N.Z. Govt. Stock, 3 p.c., 1964-66 90 10 0 £800 N.Z. Govt. Stock, 32 p.c., 1974 95 10 0 £1300 N.Z. Govt. Stock, 4 p.c., 1954-58 99 15 0 J00 National Bank of A'asia., Ltd., £1 paid 1 6 11 —4d 100 N.Z. Refrig., 10s paid 5 0 N.C. J00 Wright Stephenson 2 6 0 N.C. 20 Colonial Sugar 33 15 0 4-2/6 , 100 Dunlop (N.Z.), pf. 0 17 0 300 G. J. Coles, c.r. 0 15 2 —2d 100 Hay’s. Ltd., pref. 2 3 N.C. 300 Humes, Ltd. 2 9 0 4-6d 300 McKenzies - 2 0 4-6d 1000 McKenzies 1 ] 9 4-3d 500 Wilson’s Cement - 14 11 N.C. 600 Mount Lyell 0 19 6 250 Broken Hill Pty. 13 3 N.C. 200 John Chambers .. i 11 6 N.C. 200 South British Ins. 3 3 6 4-9d

Buyers. Sellers. £ s d. £ s. a. N.Z. Gbvt.— 3 p.c., 15/5/53-56 .. 99 0 0 — 3 p.c.. 15/12/53-56 .. 97 17 6 — 3 p.c., 15/2/55-58 .. 98 0 0 — 3 p.c., 15/4/56-59 .. 96 12 6 — 3 p.c., 15/11/57-60 .. 94 12 6 — 3 p.c., 15/8/59-61 .. 94 17 6 — 3 p.c., 15/4/60-62 .. — 94 2 6 3 p.c., 15/4/60-63 .. 93 5 0 — 3 p.c., 15/7/61-63 .. 93 17 6 — 3 p.C., 15/6/61-64 .. 92 2 6 — 3 p.C., 15/7/62-64 .. 93 0 0 — 3 p.c., 15/5/64-66 .. 90 7 6 — 3} p.c., 15/1/56-59 .. 98 5 0 — 31 p.c., 15/1/53-57 .. 100 0 0 — 4 p.c., 31/5/54-58 .. 99 12 6 — 31 p.c., 15/9/59 99 10 0 — 31 p.c., 59-60 98 0 0 — 3 p.c., 15/9/65 — 97 15 0 Levin Bros., 4 p.c.. _ 1/2/65 — 100 0 0 Banks— Comm, of Aust., rts. — 0 16 0 E-» S., and A. 5 5 6 — Natl, of A’asia., £1 1 6 9 — 12s 6d .. —— 0 16 6 National of N.Z. .. 5 2 6 — N.S.W. 33 12 6 33 7 6 Breweries— Ballins, ord., c.d. .. 1 8 9 — Pref., c.d. 1 0 6 —~. Dominion, c.d. .. ■ ■ 4 11 3 New Zealand 2 8 6 — _Westland 1 19 0 — Frozen Meat— Cant erb ur y 24 15 0 25 0 0 Pref. 7 8 0 — Gear — 1 8 3 N.Z. Refrig. 2 9 9 — 10s 1 5 0 —— Nth. Canty., pf. .. 1 3 6 — Southland •• 2 18 0 — Ga*— Auckland .. 0 5 9 Christchurch •• 0 18 3 15s paid 0 10 0 — Wellington, pref. .. __ 1 1 0 InsuranceNational .. 1 7 3 New Zealand 6 16 0 South British —— 3 3 0 Standard —— 4 19 0 *-oan and Agency— CT.CA., ord. .. 1 13 6 1 16 0 Pref 2 19 6 Ch.Ch. Building .. 16 10 0 — Dalgety "A” 0 9 9 — Golds., Mort 1 9 9 — Mutual Benefit .. 1 10 9 —— Nat. Mortage, "A” 0 11 8 — "B” 2 15 0 2 17 0 N.Z.F. Co-op. 0 14 9 — First pref. 0 15 3 —— 4i p.c. Stk„ ’60 97 10 0 4i p.c. Stock, ’65 97 10 0 30/6/64 97 0 0 N2. Guar. Corpn. 0 2 2 0 2 4 Ferm. Invest. 11 15 0 — SJ. Finance 1 8 6 United Building .. 1 0 6 -Wright, Stephenson Shipping- — 2 6 0 New Zealand, pf. 10 5 0 Huddart Parker .. 2 8 6 Pref. 0 18 3 — —Union, pref. Timber— 1 5 3 Putaruru, pref. .. 1 0 6 Taupo Totara 0 4 9 Woollens— Bonds ,, 3 11 6 —

— Buyers. Sellers. £ s. d. £ s. d. Whipp 2 7 0 — Feltex 3 3 0 Lane. Walker Ind. 2 3 0 2 0 Tekau. pref. — 1 1 0 Korma, pref. 0 18 3 — Matheson Minster —— 0 10 0 Timaru Miscellaneous— 1 13 0 — Andrews and Beaven, pref. Alloy Steel (N.Z.) 1 0 6 — 2 2 0 2 5 0 Amal. Battery 10 10 — Ampol Andersons, 1st pref. Aust., C.I. 0 14 0 0 14 9 1 18 5 1 18 9 Avon Metal — 0 9 6 Beath and Co. Beath and Co., Is — 2 15 paid Berlei 1 3 6 1 17 0 Booth, Macdonald 0 5 0 0 5 Broken Hill Pty. .. 13 13 3 Contr. 0 15 3 0 15 6 Cantv. Roller Flour 0 16 2 — Colonial Sugar 33 15 0 — Coulls. Somerville 15 6 — Consolid. Brick .. 0 13 6 0 14 0 Dom. Builders 0 10 3 — D.I.C., 10s paid 4 9 —■ Pref. 1 2 9 — Dunlop (N.Z.) 2 0 — Pref. 0 16 9 — Electro. Zinc, ord. 15 6 —• Evans Atlas 0 17 6 0 18 Fletcher Holdings 2 3 0 — "B” pref., c.d. 1 0 6 - - Frozen Products .. 0 7 6 -— Fletchers, “C" pref. 1 3 •— G. J. Coles, cj. .. 0 15 0 15 3 Greater Crystal .. 1 3 0 1 5 0 Hallensteins —— 1 16 6 Hay’s, pref. 1 2 0 — Golden Bay 1 9 6 Hay’s, Ltd. Humes Humes (N.Z.). pref. — 2 13 9 9 1 2 0 1 2 6 J. J. Niven, c.d. .. 2 8 6 — J. Wattie Can. 1 16 0 K.P. Drugs — 7 Mackintosh, Caley — 0 Milne an d Choyce —— 3 T. aling, pref. Mason. Struthers, 1 0 6 £1 paid — 14 McCaskey. pref. .. 0 17 3 McKenzies Milbum Lime 9 0 M.K. Manufac. 0 12 3 0 12 National Electric .. 6 10 0 N.Z. Forest Prods. 0 15 6 0 15 Pref. N.Z. Indust. Gases, 0 19 0 pref. Procera 0 0 19 12 0 0 1 0 0 Norvic Shoes 0 13 Otago Daily Times 2 10 3 Petrous Tile 0 19 3 Radio (1936) —— Reid Rubber Pref. 1 5 0 9 1 1 3 Ross and Glendining Speedway Tasman, 15s paid 0 17 6 1 1 16 5 8 6 Weeks, pref. —— 3 Port Sweetenham Rubber — Whakatane, ord. .. 1 2 0 Ord., new 2 0 Whit, and Tombs 1 12 6 Wm. Cable .ioid. — Wilson Malt ■— Wilson’s Cement .. 0 14 11 Woolworths, ord. . • 0 15 11 Prop., c.d. (N.Z.), ord., c.d. 0 ei lb 0 6 1 0 9 (N.Z.), pref. i 15 — Pp„ pref. t i Son Waltons, 0 0 16 11 0 6 0 12 3 Aust. Mining— Mount Lyell • • 0 19 Mount Morgan Mining— Grey River 1 0 0 3 3 — Kaniere 0 9 0 Snowy River • • — UNLISTED STOCKS Cyclone, 10s paid .. 0 14 1 0 14 6 10s paid, 10s in adv. .. _ 1 4 1 — Cyclone, pref., 10s paid A . 0 10 6 — Cyclone, pref., 10s in adv. r • 1 0 6 Amur! Lime — Bing Harris .. —• Beath, Is paid, 19s deposit Canty Seed Chch. Press 2 10 6 12 18 0 — Cory-'A right and Salmon .. •• 1 12 0