QUOTATIONS IN CHRISTCHURCH

Press, Volume XCVI, Issue 28399, 4 October 1957, Page 17

QUOTATIONS IN CHRISTCHURCH

Slock Sales ST. ANDREWS ‘The Press’ Special Sermce TIMARU, October 3 Light and unfinished steers and heifers comprised the bulk of the 120 head of fat cattle at St. Andrews sale today. Competition was steadv throughout with values holding firm to late rates. Few store cattle were offered. Values were:— Steers: prime, £37 7s 6d to £42 2s 6d; medium, £2B 2s 6d to £35 2s 6d; light, to £25 2s 6d. Heifers: prime, £27 2s 6d to £35 17s 6d. medium, £2O 2s 6d to £26 2s 6d; light, to £l7 2s 6d. Cows: prime. £26 2s 6d to £3O 2s 6d; light to medium. £l2 2s 6d to £lB 17s 6d.

Olympic Industries.—Olympic Consolidated Industries, Ltd., tyre and cable manufacturers, earned just on 11 per cent, on group shareholders funds in the year to June., These funds now stand at £9l million. They are subject to intangibles of £l' million. Consolidated net profit was £1,035,335 (prev. £1,146.872) after £686.366 (£809,864) tax and £464,987 (£393.823) depreciation and amortisation. Profit was also struck after a £67,000 (prev. nil) interest charge on unsecured notes. Steady 9 per cent, dividend on ordinary capital plus preference charges took £676.403. After bringing in £14.901 (£3591) surplus on sale of fixed assets, £373,779 goes to reserves.— (N.Z.P.A., Melbourne, Oct. 3.)

Buyers. Sellers. £ s d. £ a. d. N.Z. GOVT.— 3 p.c., 15/2/55-58 .. 99 7 6 a. 3 p.c M 15/11/57-60 95 17 6 3 p.C., 15/4/60-62 .. — 93 7 6 3 p.C.. 15/7/61-63 .. 90 17 6 — 3 p.C., 15/6/61-64 .. 89 15 0 — 3 p.C., 15/7/62-64 .. 89 12 6 89 17 6 3 p.c., 15/7/63-65 .. 88 0 0 — 4 p.c., 31/5/54-58 .. 100 5 0 —- 42 p.c.. 15/6/66-67 — 99 10 0 NATL. SAVINGS— 4i p.c., 1961 .. —— 99 5 0 4$ p.c., 1962-63 — 100 0 0 BANKS— A.N.Z., **B” 1 18 0 — Comm, of Aust. .. —. 0 15 7 Nat. of A’sia, £1 I 8 6 —— 12s 6d .. 0 18 — Nat. of N.Z. 1 5 9 — N.S.W — 34 5 0 BREWERIES— Ballins, ord. 1 14 0 — Pref. .. 1 0 0 —— Dominion — 4 19 0 New Zealand —— 2 7 6 Tooheys — 1 1 3 Tui 1 2 0 —. FROZEN MEAT— Canterbury 25 0 0 — Pref. 6 10 0 7 0 0 New 24 10 0 a— N.Z. Refrig. 2 7 6 Southland — 3 13 6 Waitaki •• 2 0 0 *— GAS— Christchurch 0 19 6 ma Cont. .. • • 0 14 0 0 14 5 Wellington — 1 17 6 INSURANCE— National 1 8 6 — New Zealand 4 4 0 aa Standard 4 13 6 4 15 0 Queensland 2 15 0 •a LOAN AND AGENCY— Credit and Fin. 1 2 0 m» Dalgety, 4s 6d pd. 0 18 0 Invincible Bldg. 4 5 0 mm Mutual Benefit .. 1 7 0 18 0 Nat. Mort. "A” 0 8 4 — “B” 0 8 6 — N.Z.F. Co-op. "A.” pref., x.d. — 0 17 3 “B” pref., x.d. — 0 17 0 44 p.c. Stk., ’60 95 0 0 — 4| p.c. Stk., ’65 90 0 0 — Perm. Invest. .. 11 10 0 Weight. Stephenson — 2 3 0 Pref. 1 1 3 — SHIPPING— Huddart. Parker 2 5 0 — Union, pref. 1 3 0 — WOOLLENS— Feltex, cd. 1 1 0 1 1 6 Holeprool — 0 14 0 Pref. — 0 17 0 Lane. Walker Ind. pref. 1 0 3 — Manau atu 3 16 0 — Tekau 1 7 6 — Pref. .. — 0 19 9 Timaru .. 1 3 0 1 4 0 MISCELL AN EOl SAlloy Steel (N.Z.) 2 15 0 — Amal. Batt. — 1110 Ampol 0 11 1 — Andersons, 1st pf. — 110 Andrews & Beav., c.d. — 1 10 0 Pref. .. 0 19 0 — Apex Ice 2 15 0 mm Aulsebrooks, pref. — 10 3 Ampol, cont. .. 0 7 0 — Aust. C.I. 2 12 9 *a Beath and Co. .. — 1 17 9 Berlei Indust. .. 2 6 0 a— Broken Hill Pty., c.d. 2 5 3 2 5 6 Email 0 6 8 —■ Burns, Philp — 2 14 6 Claude Neon, N.Z. 2 13 0 — Dental and Med. 2 5 0 a Colonial Sugar .. — 32 10 0 Consol. Brick — 0 15 6 Cyclone Fence .. 1 12 0 — Cont. 1 0 6 Pref .. — 10 3 Dorn. Rubber — 16 0 Dom. Fertiliser .. — 1 16 0 Donaghy’s Rope 2 12 0 Dunlop. N.Z., pf. — 0 16 9 Farmers’ Trading 2 2 6 C, pref. — 10 0 Denhard 1 a 0 D. Murray Hldgs. 0 12 9 0 13 9 G. J. Coles 0 14 — Golden Bay, c.d. 1 13 6 — Hallenstein Bros. 1 15 6 H. C. Sleigh, x.d. — 1 19 3 Hauraki Whaling A — 0 10

Buyers Seilers £ s d £ s d MISCELLANEOUS (Cont.).— Hay’s, Ltd., x.d. 1 4 0 Pref 1 0- 0 10 6 Henry Jones 2 8 6 __ Humes (N.Z.), pf. 1 0 0 I.C.I., A., N.Z. .. 2 2 3 2 3 0 J. Gadsden 2 3 6 Pref 1 0 0 __ J. J Niven 2 5 0 J Wattie Cans., c.d 19 6 K.P. Drugs 5 2 6 — Mauri Bros. 1 11 6 — McKenzies 1 7 4 — Mercers, pref. 1 1 3 M.K. Mfrs. —- 0 11 6 N.Z. Packing — 1 1 9 N.Z. Cement — 1 2 0 N.Z. Express 1 9 0 — N.Z. Forest Prod. 0 16 6 0 16 9 N.Z. Newspapers — 1 19 9 Otago Daily Times 2 11 6 — Quill Morris 1 7 6 «—• Ross and Glen., x.d. — 16 6 Silknit 0 13 0 Simpson and Williams .. 2 14 0 Tasman .. 0 18 6 — Taubmans, Syd. Reg. — 0 10 6 Ultimate-Ekco .. 0 16 9 Waltons 0 17 0 Weeks — 1 11 6 United Box 1 13 0 1 16 0 Whakatane. ord. 1 2 9 — Pref 13 0 Whit, and Tombs — 1 17 3 Wm. Cable Hdgs. 1 5 0 16 0 Pref. — 10 0 Will. Jeffrey Wilson’s Cement 1 4 1 0 15 5 W’worths. ord. .. 0 14 6 0 14 9 (N.Z.), ord. 0 17 6 Rights .. 0 6 11 0 7 3 W. R. Carpenter — 1 0 0 Vesta Batteries .. 0 13 9 _> AUST. MINING— Mount Lyell 0 18 9 0 19 6 UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Beaths. 19s on dep. — 1 7 0 Booth, Macdonald 0 1 0 0 1 6 Cantv Seed — 17 9 Ch .Ch. Press 11 10 0 — Fin. and Dis. ord. — 13 0 Kaiapoi Woollen 1 3 3 — Pref. .. — 1 3 0 Matea Forests 0 2 0 0 2 2 Rink Investments 1 12 0 — Scales 0 12 0 —— Vibrapac Blocks 1 5 0 —