COMMERCIAL

Press, Volume XCII, Issue 27733, 10 August 1955, Page 15

COMMERCIAL

STOCK EXCHANGES LIGHT TRADING YESTERDAY -., Tl ?® re was a Hght turnover on the Christchurch Stock Exchange yesterday, wit h prices ranging from steady to slightly easier. New Zealand Insurance eased 6d to sell at £7 3s. Later there were more sellers at that rate, but no buyers. Aulsebrook Preferences l° st 3d ’ n business at 20s 9d, and buyers subsequently dropped another 3d, with sellers wanting 21s.

AUCKLAND Sales.—Late Monday: 150 N.Z. Insurance, £7 3s. Yesterday: £7500 3 per cent., 15/2/55-58, £9B 13s 9d; £250 3 per cent.. 15/8/59-61, £95 12s 6d: £5OO 3; per cent., 15/1/56-59, £97 ss: £2OO 3% per cent., 15/6/59-60. £99; £9OO 3% per cent., 15/5/62, £9B 12s 6d: £2OOO 3% per cent., 15/9/65, £9B 15s; £2OO Auckland City Council, 3| per cent., 1/1/62, £94; 200 National Bank Of Australasia, cont., 17s 3d; 40 Bank of New South Wales, £33 7s 6d; 100 N.Z. Insurance, £7 3s; 100 F.A.C., £2 paid, 48s, 300 Newton King, 18s 3d; 1000 Wright. Stephenson, pref.. 235; 183 Kauri Timber. 30s lOd; 200 Bruce Wool, 495; 300 Alex Harvey, new. 33s 6o; 199 Amalgamated Batteries, 325; 300 A.C.1., 435; 125 Claude Neon, 475; 700 Fletchers, 435; 250 Coles, rts., 9s 7d, and 450 9s 7Jd, and 445, 9s 7d; 100 Hallensteins. rts., 6s; 200 J. Wattie, 375; 36 K.P. Drug, £7 7s; 900 McKenzies. 245; 200 Forest Products, 16s 9d, and 1000 prer., 19s 9d; 700 Reid Rubber, 27s 6d: 150 Silknit, 13s 3d; 809 Toppa, 5s 6d; 400 Waltons, contrib., 9s 3d; 400 Wm. Cable, 31s lOd; 100 Emperor Gold. 10s 9d. WELLINGTON Sales.—3oo Newton King, 18s 6d; 200 Broken Hill Proprietary, 355; 200 Fletchers. 435: 125 Griffens, 2s 6d paid , 12s; 200 McKenzies, 245; £5OOO 3 per cent., 5558. £9B 13s 9d, and £305. £9B 12s 6d; £l2OO 3 per cent.. 60-63, £93 15s: £2OO 3% per cent., 1962, £9B 12s 6d; £l5OO 3 per cent.. 55-58. £9B 13s 9d; 200 Newton King. 18s 3d; 650 Wright, Stephenson, pref., 235; 200 Bruce Woof, 495; 500 Felt and Text., N-Z. (2 sales). 345; 700 B.H.P. (3 sales). 355; 100 8.H.P., 355; 5 Colonial Sugar. £34 10s; 36 K.P.N.Z. Drug, £7 7s; 100 Wilsons Cement. 15s 6d; 220 Dalgcty “B,” Ils 3d; 100 Goldsbrough, Mort, 30s; 150 Woolworths, N.Z. Properties, pref., 22s 6d; 60 Oil Search, rts.. Is; 700 Fletchers (2 sales), 435; 655 G. J. Coles, rts. (2 sales). 9s 8d; 200 J. Wattie Canneries, 375; 300 McKenzies. 245; 50 National Electric. £7 7s 6d; IQO N.Z. Forest Products. 16s 3d; 300 Turnbull and Jones, pref.. 20s; 200 Wilsons Cement (2 sales). 15s 6d; 300 Woolworths. Ltd., 16s 6d; 300 Woolworths, N.Z., 21s. DUNEDIN Sales on ’Change.—£2oo N.Z. Govt., 3 Per cent., July 15. 1962-64, £92 2s 6d; £3OO N.Z. Govt., 3’4 per cenk, September 15. 1959, £100; 100 A. and N.Z. Bank. 3ss; 200 N.Z. Refrigerating, cont., 27s lOd; 100 Mount Lyell, 22s Bd. . Late Sales Reported.—loo Hallentstein Bros., rts., ss; 26 Hallenstein Bros., rts.. 5s 6d; 200 M.C.P.. 6s; 250 Grev River, 4s, 500 National Mortgage. "A.” 12s 6d: 600 G. J. Coles, rts., 9s 8d; 50 Wright. Stephenson. 45s 3d. Sales Reported.—so Kempthorne. Pros ser, £7 7s; 635 G. J. Coles, rts., 9s 7’id. INVERCARGILL «•}•« Reported.—loo Reid Rubber, 27s 6d; 106 Fletchers. 435; 100 Farmers, Trading. 41s M; 60 N.Z. Fertiliser, 41s 9d: 100 McKenzies, 24a; 240 G. J. Coles, rights, 9s Bd. OVERSEAS EXCHANGES SYDNEY Leading industrial stocks were shaded on the Sylney Stock Exchange yesterday. but price movements were small. Oil shares were quiet. Sales.—Commercial Bank of Sydnev, £2l 13s; Commercial Bank of Australia, ex div., 18s 9d; Bank of New South Wales, ex div., £37 10s: Tooheys. 31s 6d; Tooth, 565; Associated News, 26s 6d; A. Hordern, 39s 3d; A.C.1., 545; Australian Paper Manufacturers, 22s 7Jd; Bradford, 41s 6d; 8.H.P.. 42s 6d; Burns, Philp, ex rights. 51 s 3d; and, rights, 28s 6d; Colonial Sugar, £43; Nouses, 32s 9d; Felt and Textiles. 29s 3d; G. J. Coles, ex rights, 18s; I.C 1., 465; Morts Dock, 21s 6d; Patons and “ ald ?Y l " s - ex div - 23s 6d; Taubmans. 19s; ; v - 5s sd; New Guinea Gold, Is lOJd; Peko. 7s 7d; Mount Lyell, 27s 3d; South Broken Hill, 70s: Ampol Petroleum, 16s 9d : Ampol Exploration. 18s 4Jd; A.0.E., paid. 4s 6d; Oil Search, ex rights, 6s; and. rights. Is; N.A.U.C.. 6s; N.U.D, 5s 8d; Uranium Mines, 5 S 7d; West Uranium, 2s 9d. MELBOURNE Leading investment stocks were weaker on the Melbourne Stock Exchange vesterday. and overall falls well exceeded rises. Turnover was maintained at a high level No definite trend was recorded in the mining section, and prices moved within narrow limits. Trading was moderate. L £ el L 27s 6d : North Broken HUI. 90s (M; N.A.U.C.. 8s 8dHBG!"? Development, 3s M; Vranlum M™ , .'_ Ss n . Bd: .. ,!mi,ei ' or - 123 Ild : Mount » 28 *.. M: ® nd ' P ref - 14a 9d; Oil Search, Ss 4d. and, rights. Is 3d: Commercial Bank, new, 18s Id; Commercial Bank, 18s lid; Goldsbrough. 37s Id; CarlA°Vir F re^ ery -. 21s * and - rights. 10s 9d; £ « «£ mpol ’ 16s 10d : A.C.1., 53s 6d; A.PJVL. 22s 9d; and. pref.. 19s 7d; Bradford Cotton. 41s 9d; British Tobacco, 375; and. pref.. 22s 9d; Broken Hill Pty.’ 42s sd; and. 6s 8d cap. paid, 20s 9d; Courtaulds. 17s sd; Drug Houses, 32s 9d; Dunlop, 35s 9d; and. new. 34s 3d; Electro. ?L" C tn? 7s: o ft and - ? ref - 44s 6d; Fe,t and textiles, 295; and, second pref.. 20s 9dGeneral Industries, rights, 10s lOd; G. J and - rights. 12s 3d; Gordon and Gotch. 21s 6d; Henry Berry, 17s 6d; Hum e \6ss 3d; Kauri Tlm■r - 2? s; O lympic ' 9s: Paton and Baldwin, 24s 3d; Woolworths 19s 9d.

DOMINION TRANSACTIONS Sale* on 'Chance, Ll«te< Stocks £ s. d. Var’n. 200 N.Z. Breweries .. 2 3 0 N.C. £100 N.Z.F. Co-op. Stk., 4J p.c., 1960 95 5 0 100 Tekau Knitwear, ord. 1 5 3 200 Aulsebrooks, pref. (2 sales) 1 *0 9 -3d Sales Reported, Listed Stocks £5000 32 p.c., 1965, late sale Monday 98 15 0 — 50 N.Z. Insurance 7 3 0 —6d 26 Hallenstein Bros., rights, late sale Monday 0 5 6 100 Tip Top Ice 0 3 —. 150 Claude Neon 2 7 3 N.C. 1000 McKenzies 1 4 0 N.C. 50 National Electric 7 7 6 N.C.

CHRISTCHURCH QUOTATIONS N.Z. Govt.— Buyers. £ s. d. Sellers. £ t. d. 3 p.c., 15/5/53-56 . 99 12 6 3 p.c., 15/12/53-56 . 98 17 6 _ . 3 p.c., 15/8/59-61 . 95 15 0 3 p.c., 15/4/60-63 . 93 12 6 3 p.c., 15/7/61-63 . 92 15 0 3 p.c., 15/6/64-64 . 92 2 6 92 10 0 3 p.c., 15/7/63-65 . 91 0 0 3; p.c., 15/1/56-59 . 97 0 0 3? p.c., 15/9/59 — 100 2 6 32 P.c., 15/9/65 98 10 0 99 0 0 32 p.C., 15/9/74 97 0 0 4 p.c., 31/5/54-58 . 100 10 0 Banks— Aust, and N.Z. 1 18 0 Comm, of Aust. . — 0 15 8 N.S.W., x.d. 33 5 0 33 12 6 Breweries— Ballins, ord. . 18 0 19 0 Dominion . 5 4 6 New Zealand . 2 2 9 2 3 0 Frozen MeatCanterbury . 24 17 8 Pref. .. « 7 10 0 7 15 0 N.Z. Refrig., 20s . 2 14 0 10s 17 8 1 *8 0 North Canty., pref 13 8 Waitaki 12 5 0 — Gas— Auckland 0 6 0 Christchurch 0 17 3 Insurance— National 17 9 New Zealand 7 3 0 South British 3 7 9 Standard 5 0 0 Lean and Agency— Dalgety, “A” x 0 11 0 0 11~3 Dalgety, “B” 0 11 0 0 11 3 Goldsbrough. Mort 19 0 1 10 0 Mutual Benefit 1 11 0 N.Z.F. Co-op. 0 15 0 0 15 8 First pref. 0 15 6 4j p.c. Stock. ’6( 95 5 0 - N.Z. Guar. Corpn 0 2 2 0 2 4 S.T. Finance 19 0 United Building . 1 *0 3 Wrtffht, Stephensor 12 4 9 Pref. 13 3 Shipping— Union, pref. . 15 0 MM Timber— Rotditi 18 6 —— Parker Lamb « 0 5 0 MM Woollens— Bonds 3 11 6 3 13 0 Feltex 14 6 1 4 9 Feltex. N.Z., pf. . —— 118 Kerma Tex., pref. — 0 18 3 Lane. Walker Ind 2 3 0 Minster 0 9 0 0 9 9 Mosgiel 3 8 0 — Tekau 15 3 1 5 6 Pref. — lid Timaru — 1 15 0 Buyers. Sellers £ s d. £ s. d. Miscellaneous— Alloy Steel (N.Z — 2 5 0 Atnal. Batt. 1 12 0 MM Ampol 0 13 0 MM Andersons, 1st pre 12 0 Andrews and Bea ven, pref. 10 6 110 Aulsebrooks, pre 10 6 110 Aust. C.I.. c.d. 2 2 6 — Avon Metal 0 9 9 Bectn and Co. — 2 14 0 Is paid 13 9 — Begg and Co. 2 15 0 M— Booth, Mac. 0 4 9 0 5 0 Broken Hill Pty. 1 14 9 1 15 3 Claude Neon, N. 2 7 0 M— Colonial Sugar 34 5 0 BBM Consolid. Brick — 0 13 3 Courtaulds 0 14 3 0 14 9

Buyers. Sellers £ a. d £ s. d. Dental. Medical .. 1 15 0 wM Dom. Builders 0 10 0 0 11 0 Donaghy’g Rope .. 2 3 0 MW D.I.C 16 0 Pref. . • 1 3 0 14 0 Dunlop, N.Z. .. 1 3 0 MM Electro. Zinc, ord. 1 19 0 10 0 Pref. 1 19 6 Evans Atlas .. 0 17 2 0 18 0 Harley 1 11 6 WWW Fletcher Holdings m_ 2 3 3 •*B” pref. 1 0 3 WM “C” pref. i.. 1 1 3 114 G. J. Coles 0 14 4 WM Rights 0 9 7 0 9 8 Golden Bay 1 11 0 WWW Hay's, Ltd. 1 13 0 1 13 6 Henry Berry, pref. 1 1 0 WM Henry Jones WWW 2 5 0 I.C.I., A., N.Z. WWW 1 17 3 J. Gadsden, pf. .. MW 1 1 6 John Chambers .. WM 1 11 3 J. J. Niven 2 9 0 WM J. Wattle Canneries WWW 1 17 0 K. P. Drugs 7 3 0 >M Mackintosh, Caley WM 0 6 0 Mas.. Struthers, £1 paid 1 13 9 M 14s paid 1 1 6 WWW 10s paid McCaskey, pref. .. 0 15 6 0 17 11 McKenzies WM 14 0 Midland Mot., pref. 0 19 0 WWW M.K. Manufac. .. WM 0 13 0 National Electric .. —— 7 6 0 N.Z.F. Fertiliser .. 2 1 0 WW N.Z. Forest Prod. 0 16 9 0 17 0 N.Z. Indust. Gas. pref. 0 19 0 MW N.Z. Newspapers .. 1 15 0 WM N.Z, Paper Mills .. MW 1 12 0 Norvlc Shoes 0 13 9 0 14 9 Petrous Tile 1 1 6 Mw Quill, Morris (1936) 1 6 9 WM Reid Rubber Wm 18 0 Ross and Glendining Www 1 17 3 Con. 1 7 0 WM Simpson and Williams 2 15 0 WM Tasman, 15s pd. .. WWW ft £1 paid WM 19 5 Weeks, pref. WM 12 3 Whakatane, pref. .. WM 13 0 new, ord. w— 14 9 Whit, and Tombs 1 13 6 w Wm. Cable Hldgs., old WM 1 12 3 W’worths., ord. 0 16 6 0 16 9 (N.Z.), ord. 1 2 0 116 Speedway Transport, Nelson 1 7 6 17 0 Wm. Cable, new .. — 1 12 0 Tip Top .. Aust. Mining--* 1 0 0 — Mount Lyell - 13 0 Mount Morgan 1 2 0 MiningGrey River 0 3 9 —— UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. A.P.A. 1 7 6 — Andrews and Beaven, ord. 1 3 0 WM Beaths (Is pd., 19s deposit) 2 3 0 teM Buntings 1 8 S WM Canty. Seed 1 10 6 M— Rights 0 10 6 WM Kaiapoi Woollens .. 1 9 6 — Pref 1 3 0 Matea Forests . .. 0 4 5 0 4 6 Mt. Cook Tours 0 9 6 ww. N.Z. Woolpacks 0 4 0 0 6 0 National Tobacco WWW 0 14 0 Sth. Island G’tee., Corp. 5 p.c., pref. Reece, Ltd., E., ord. 10 3 0 8 0 Regent Theatre 0 18 1 MW Weeks (Wanganui), ! pref. .. — ISO