COMMERCIAL Most Shares Firmer In Active Trading

Press, Volume XCVI, Issue 28447, 29 November 1957, Page 21

COMMERCIAL Most Shares Firmer In Active Trading

Chri s^hurch r St!!ck Fxeh Vn by shares traded ° n the upward WeSton yesterda \ mainly ■>“ .h„„ *‘

N-Z. SHARE TRANSACTIONS

CHRISTCHURCH

AUCKLAND £B ° 16s: £3OO Tasman, 5 per cent -. £93; 675 Coles TrT 3o °Ao Ha n Wakl Whaling. Is 3d; 250 if£’ I 9ri. 48 finA 9< ii • Forest Products, 1® S Reid Rubber, cum div., 33S 4a. Yesterday: £B9OO 15/4/56-59 3 per cent., £97 17s 6d: £5OO 15/6/61. 41 per cent., £lOO 2s 6d; 550 N.Z.ln!Yra^ e ’ 835 < 700 Wright. Stephenson, 41s 6d. 200 Feltex, N.Z., pref 20s' 85 Wellington Wool, 37s 6d; 85 Amalgamated Batteries, rights. ss; 200 Aulsebrook, pref., 19s 6d; 100 Berlei. 48s 6d; 400 Broken Hill Proprietary 39s 9d; 10 Colonial Sugar. £35 ss’ 5 "£35 10s; 11 Colonial Sugar , reg 'U £3s ' and 5 at £35 ss; 300 Coles, 15s; 600 1.C.1., 50s: 180 McKenzies. 18s 2d; 100 M.K. Manufactures. Ils 6d; 100 Farmers’ Fertiliser. 37s 9d; 500 Tasman, 16s 3d; 500 Wilson’s Cement. 14s 7d. WELLINGTON Sales.—Late Wednesday: £2OO 3 per cent., 1957-60, £97 ss; £5OOO 3 per cent., 1963-65, £BB 6s 3d; 872 Bonds. 15s; 300 G. J. Coles, 15s: 100 Turnbull and Jones, 40s 3d. Yesterday: £llOO 3 per cent., 1959-61 (2). £93 17s 6d. and £7645 at £BB 6s 2d; £lBOO 34 per cent., 1962, £97 15s; £lOOO 4J per cent., 1960, £99 12s 6d; £5OO Forest Products. 41 per cent., 31/3/63-68. £97; 100 National Mortgage A. 8s Id: 900 Wright, Stephenson, 41s 6d; 500 Bonds Hosiery, 15s; 200 Felt and Textiles of N.Z., 335: 125 Wellington Wool (2), 38s, and 55 (odd) at 37s 6d; 400 Black and White Cabs. 9s; 1500 B.H.P. (5) at 40s; 5 Colonial Sugar, £35 ss; 200 Fletcher Holdings. 2&; 180 G. J. Coles, 15s; 600 Griffin and Sons. 12s 7d; 500 1.C.1.A.N.Z.. 50s; 25 K.P.M. Drug. £5 Is: 200 N.Z. Forest Products, pref . 19s 6d; 500 Tasman Pulp, 16s 3d; 1200 Woolworths (Syd) (2), 15s; 200 Woolworths (N.Z.), 18s 6d; 100 Bing Harris, A (unlisted), 18s 3d. DUNEDIN Sales.—Yesterday: £3lO 32 per cent. Stock, 15/5/62, £94 15s: 1600 M. 3s 6d; 100 National Bank, N. 26s 6d; 100 National Mortgage •'A,” 8s Id; 100 Felt and Textiles (Aust.), 225: 200 Broken Hill Pro-

OVERSEAS EXCHANGES Sydney Textiles and Commonwealth loans were firm on the Sydney Stock Exchange yesterday. Key industrials and uraniums were steady, metals w ® r ® easier, oils irregular. s ’ —Commercial of Sydney, £22 10s; Commercial of Aust., 18s 6d; National, 12s 6d paid (100), 20s N S.W., £37; Tooheys, 24s ? d < A A W - A - 10s 9d ’« A -C.1.. 565; Bradford Cotton. 35s 9d; British Tobacco, 8.H.P., 475; Colonial Sugar, £43 7s 6d; Courtaulds, 18s; D. Jones, 44s 6d; Dunlop, 36s 9d; E.Z. Industries. 18s lOJd: Email, 7s 2d; Felt and Textiles, 26s 7£d; General Industries, 18s; G. J. Coles. 17s 74d; Waltons, 4s 2d paid. 18s; Woolworths, 17s 9d; Consolidated Zinc, 70s 3d: Mount Isa. 31s; North Broken Hill, £5 15s; South Broken Hill, 84s 3d; Ampol Petroleum, 12s 9d; Ampol Exploration, 8s 9d; A.0.E.. paid, 2s 6d; Oil Search, 6s 8d; Mount Morgan, Ils 7d; Peko, 4s 8d; Timor. 6s lid.

MELBOURNE Investment shares showed a firm tone with Colonial Sugar, up 50s, providing the sharpest movement. The exception was Associated Pulp, down Is. Consolidated Zinc fell Is in an otherwise steady mining section.

Sales.—Australian Iron and Steel, Pref., 25s 6d; Commercial Bank, 18s 6d; Carlton Brewery, 24s 3d; G. J. Coles. 17s 8d; Myer. 20s lOd; Ampol, 12s Bd. and 2s paid, 8s 6d; Associated Pulp, 325: Aust. Consol., 56s 3d; A. 28s lOd; British Tobacco, 325; BiH.P., 47s Id; Colonial Sugar, £43 10s; Courtaulds, 17s lOd; Drug Houses, 33s 6d; Dunlop. 375; E.Z. Industries. 19s; Felt and Textiles, 26s 9d; Herald, 25s 4d; Humes, 56s 9d; 1.C.1., A., N.Z., 58s; Kauri, 21s sd; N.Z. Forest, 19s lOd; Olympic, 7s lOd; Patons and Baldwins, 31s 9d; B. bonus, 475; Consolidated Zinc. 70s; Mount Isa. 31s 3d; Mount Lyell. 22s 6d; New Broken Hill, 48s 3d; North Broken Hill, £5 16s; Commonwealth Mining, Ils 6d; United Uranium. 8s Id; Ampol Exploration, 8s Bd, and rights, 3s sd; Oil Search, 6s lOd; Santos, 4s 6d; Woodside, Is 3d.

LONDON London Stock Exchange sales on Wednesday included:—Broken Hill Pty., 36s 3d. ex div.; Consolidated Zinc, ord., 53s 9d, ex div., and pref., 12s 9d, ex div.; Mount Isa, 26s 3d.

prietary (2 sales), 39s 9d; 3 Colonial Sugar, £34 10s. Sales Reported.—2oo 3 per cent., 15/11/57-60. £94 ss; £4OO 33 per cent., 15/5/62, £94 15s; 51 South Otago Freezing. £lO 15s; 300 Wright, Stephenson, 41s 6d; 400 Bonds Hosiery, 15s; 200 Broken Hill Proprietary, 39s 9d; 100 Smith and Smith, pref., 17s 6d; 100 Wool worths, Ltd.. 15s; 300 G. J. Coles, 15s; 180 McKenzies (N.Z.), 18s 2d; 400 Forest Products, 16s 2d; 2300 A. and T. Burt (unlisted), 55s 6d. INVERCARGILL Sales Reported.— loo Turnbull and Jones, 40s 3d.

QUOTATIONS IN CHRISTCHURCH

LONDON RUBBER MARKET

(N.Z Press Association —Copyright) LONDON. November 27 London rubber market quotations for No. 1 ribbed smoked sheet are:— Nov. 26. Nov. 27 d. per lb. d. per lb.

Tariff on Toilet Sets.— Changes affecting the tariff on toilet sets and combs imported from Australia have been announced by the Minister of Industries and Commerce IMr E. H. Halstead). The changes, recommended by the Board of Trade, provide for specific duties of 2s a set on toilet sets and 2id each on hair and toilet combs as alternatives Io the existing ad valorem rates on these items. The Minister said that similar changes had recently been made in the British preferential, most favoured nation, and general tariffs covering the items.—(F.A.)

Sales on ’Change—Listed Stocks £510 3 p.c., 60-63 .. s. 7 d. Var’n 1000 Coles (4) 158 N.Z. News. .. 0 15 18 0 N.C. 500 W’worths. 100 Timor Oil 0 0 14 6 11 10 -id N.C. Sales Reported — £500 4| p.c., 61 . Listed 100 2 Stocks R _ 200 N.Z. Br., x.d. 2 8 331 Auck. Gas* . 0 125 Wgtn. Wool 200 A.W.A. 500 Brit. Tob. 75 Dom. Fert. 1 0 1 18 9 7 14 0 2 6 4-6d 2d 4-1/1 225 Donaghy ’s 100 Hays 2 13 0 4-6d N.C. + ld 500 Forest Prods. 1000 W'worths. 0 0 16 15 2 200 W’wrths., N.Z. 0 18 6 ■ ?. al 5 s Reported. Unlisted Stocks Urich. Press .. 13 15 o N C 150 Hancocks 2 0 355 Matea For. 0 2 6

Buyers. £ s. d. Sellers. £ s. d. N.Z. GOVT.— 3 p.c., 15/4/56-59 .. 97 15 0 3 p.c., 15/4/60-63 .. 90 5 0 •— 3 p.c., 15/6/61-64 .. 89 15 0 —— 3 p.c., 15/7/62-64 .. 89 7 6 — 3 p.c., 15/7/63-65 .. 87 17 6 — 33 p.c., 15/5/62 .. 94 15 0 —— 3J p.c., 15/9/74 .. 86 10 0 — 4 p.c.. 31/5/54-58 .. 101 5 0 — 4J p.c., 15/6/61 .. 100 0 0 — 43 p.c., 15/6/66-67 93 15 0 — 4J p.c., 1960 99 10 0 43 p.c., 1962-63 .. 99 12 6 — BANKS— Comm, of Aust. 0 15 8 0 16 0 Pref. .. 6 0 0 — E., S., and A 1 9 0 — Natl, of A sia., £1 1 7 6 1 6 Natl, of N.Z., c.d 1 7 0 1 8; 0 N.S.W. 1 14 0 — BREWERIES— Ballins, ord. 1 16 0 Pref. .. 0 19 10 — Dominion, c.d. .. 4 8 9 — New Zealand, x.d. 2 8 3 — FROZEN MEAT— Canterbury 26 6 — Pref. .. 6 7 6 — Gear —- 1 7 3 N.Z. Refrig. — 2 7 6 Nth. Canty., pref. — 1 1 0 South Otago 10 10 0 11 0 0 GAS— Auckland 0 9 0 5s paid — 0 5 6 Wellington •• — 1 16 0 INSURANCE— National, x.d. 1 8 6 New Zealand 4 2 0 — Merc. Mutual 2 4 0 — Standard 1 1 0 1 1 6 LOAN ANO AGFNCTCredit and Fin. 1 2 0 — Dalgety, £1 — 1 14 0 Farmers' Finance 1 0 0 — Golds.. Mort, x.d. 1 7 6 — Nat. Mort., "A’’ — 0 8 5 "B” 0 8 3 — N.Z.F. Co-op. .. 0 16 6 — First pref. 0 16 9 "A” pref. — 0 16 0 *'B” pref. — 0 16 0 4} p.c. Stk., ’60 95 10 0 — 4J p.c. Stk., '65 90 5 0 — Perm Invest 11 15 0 — Sth. Is. Finance 1 11 0 —— United Build. Wright, Stephen 0 18 0 son — 2 2 0 Pref. 1 1 3 — SHIPPING— N.Z pref — 9 10 Huddart Parker — 2 6 6 Union, pref. timber— 1 3 6 Kauri 0 9 6 0 19 9 Taupo Totara .. — 1 18 0 WOOLLENS— Bonds • • • • — 0 15 0 Feltex 1 9 —- N.Z. 1 12 6 — Pref. 0 19 9 — Holeproof, pref. Lane Walker Ind., — 0 15 9 c.d. • • 1 19 0 — Pref. 0 3 — Manawatu, c.d, .. 3 16 0 Tekau Pref. .. 0 19 6 Timaru Wellington 1 17 6 — MISCELLANEOUS— Airwork — Airwork, pref .. — Alloy Steel. N-Z. — Amal. Batt., c.d. 1 10 0 — Ampol .. • • Andrews and Bea0 10 6 — ven Aoex Ice 2 14 6 — Aulsebrooks, pref. A.W.A. •• Aust. C.I. 0 0 2 19 9 8 0 0 - Aust Found. Inv. 0 6 0 — Bvcrofts 2 4 Beath and Co. .. ] 12 Pref 0 0 — British Tobacco Email • • ■ • Broken Hill Pty. 0 1 7 6 19 3 6 9 0 2 6 0 8 6 Cox Bros. Burns, Philp • • 2 10 6 2 13 0 Claude Neon. N.Z. — Colonial Sugar . ■ 34 5 0 — Corv-Wright 1 2 0 — r-oulls. Somerville 2 4 0 — Cyclone Fence, x d 1 12 3 — Contr. 1 — David Jones 1 17 0 Pom Builders 0 3 — Pom. Fertiliser . - 1 13 9 Donaghy’s Rope D.I.C. 0 17 3 D.I.C.. pref. 1 0 Dunlop, N.Z. 0 16 6 0 16 11 Farrier - Waimak Fletcher Holdings, — 0 18 0 1 8 6 — “B” pref- c.d •*C” pref., c.d. G. J. Coles 0 14 10 0 0 0 19 19 15 6 6 1

Buyers. £ s. d. Sellers. £ s. d. MISCELLANEOUS (Cnntd.)— Golden Bay 1 17 0 — Gordon & Gotch — 0 16 6 Greater Crystal .. 13 0 Hallenstein Bros. 1 16 3 —— Hay’s, Ltd. 15 9 1 6 0 Pref. .. 10 3 10 6 Henry Berry 13 6 — Humes (N.Z.), pf. 10 3 I.C.I., A.. N.Z. .. 2 8 9 Mauri Bros & T. 1 12 6 J. Gadsden .— 2 10 6 Pref. 10 3 John Chambers 12 6 — J J. Niven 2 5 9 J. Wattie Cann. .. 14 9 16 0 K.P. Drugs 5 1 0 — M.C.P. 0 3 6 — Macky Logan 13 0 15 0 Maling, pref. — 0 19 6 Love Constn.. pf. 0 19 0 — Mason, Struthers 17 0 Mercer Ind., pref. — 12 0 McKenzies, c.d. .. 0 18 1 — Myer Emporium 0 17 4 — Midland Mot., pf. — 0 19 9 Milburn Lime 1 10 0 1 11 0 M.K. Manufac. 0 11 9 N.Z. Cement 10 6 N.Z. Express 1 10 0 — N.Z. Forest Prods. 0 16 1 Pref. .. — 0 19 9 N.Z. Newspapers 1 18 6 1 19 0 N.Z. Paper Mills 1 9 3 — Northern Roller. 2 0 6 — Norvic Shoes 0 16 0 Otago Daily Times 2 11 6 — Olympic Ind. 0 6 6 0 6 9 Reid Rubber — 1 13 9 Ross and Glen. .. 14 6 15 6 Sharland .. 3 2 0 — Silknit 0 14 0 — Skellerup. pref. .. 0 19 3 — Taubmans 0 10 0 0 10 4 Tip Top Ice 0 14 0 —- Transport, Nelson 1 9 6 — Waltons 0 16 3 0 16 8 Weeks — 19 0 Whakatane, pref. —— 1 2 3 Whit, and Tombs — 18 6 Wm. Cable Hold., “C” pref. — 12 0 Will., Jeffery .. 1 5 6 — Pref. 0 19 0 — Vibrapac, Otago 10 6 — Wilson's Cement — 0 14 10 Woolworths. ord. 0 14 11 0 15 0 (N.Z.), ord. 0 18 4 —. Pp., pref. . 1 0 6 — W. R. Cooke and Son 1 2 0 — OVERSEAS LISTING— Woolworths (S.A.) — 0 18 0 MIST MINING— Timor Oil — 0 7 3 Mount Lyell 0 18 6 — MINING— Waihi — 0 3 0 UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Beaths. 19s on deposit 16 3 — Buntings 18 0 — Canty. Seed — 17 3 Christchurch Press — 13 5 0 Hancockg 2 3 9 — Kaiapoi Woollen 15 3 — Matea Forests 0 2 3 0 3 3 Prudential Build. 0 15 0 0 18 0 Regent Theatre .. 12 0 13 0 R. and E. Tingey — 0 7 0 Rink Invest. 1 12 0 — Scales — 0 12 6 Woolston Tan. .. 0 5 0 0 11 6

Spot— Buyers .. • • 231 2-4 Seller «• •• 23 J 232 Forward — Buvers .. • • 24| 24 Seller .. .. 24g 242