COMMERCIAL Quiet Day Again On ’Change

Press, Volume XCVII, Issue 28551, 2 April 1958, Page 17

COMMERCIAL Quiet Day Again On ’Change

Another day of little activity was seen on the Christchurch Stock Exchange yesterday. Ten stocks were traded, mostly in small parcels. Prices were variable. Woolworths gained 3d and 6d respectively in sales at 16s and 16s 3d, and other stocks to.firm were Ampol and National Bank. G. J. Coles, New Zealand Forests, National Insurance and Coulls, Somerville, Wilkie rights were easier.

N.Z. SHARE TRANSACTIONS

CHRISTCHURCH

AUCKLAND Sales.—Late Monday: £4OO 15/7/62-64, 3 per cent., £B9; 100 Dominion Breweries, 83s 6d; 200 N.Z. Breweries, 475; 1000 Fletchers, “C” pref., 18s 6d. Yesterday: £Bl5 15/7/62-64, 3 per cent., £B9; £255 15/9/57-60, 31 per cent., £95 12s 6d; £4OOO 15/8/58, 3$ per cent., £99 15s; £5OOO 15/9/59, 32 per cent.. £9B 3s 9d; £3OO Waitemata E.P.8., 1/12/64, 41 per cent., £95 17s 6d; 50 Dominion Breweries, 83s 6d, and 100 at 84s; 200 N.Z. Breweries, 475, and 200 at 46s 6d; 175 N.Z. Insurance, 80s; 550 South British, 80s, and 50 at 80s 6d, and 100 at 81s 6d; 200 Wright, Stephenson, 37s 6d; 200 Taupo Totara, 355; 150 Feltex, N.Z., pref., x.d., 19s 6d; 125 Wellington Wool, pref., 395; 100 Alex. Harvey, pref., 20s 3d; 200 Ampol Petroleum. 12s 6d; 60 8.H.P., 365; 600 Consolidated Brick, 14s 6d; 400 Cox Brothers, 4s lOd; 100 E.Z. Industries, 14s; 450 Fletchers, 275, and 100 “C” pref, at 18s 6d; 2100 Coles. 15s 6d; 150 J. Wattie, 24s 9d; 125 Milne and Choyce, 44s 6d; 741 Forest Products, 17s 6d, and 100 pref, at 19s 6d; 100 N.Z. Newspapers, 395; 100 Skellerup, pref., 19s; 100 Tasman. 17s 6d; 250 Tip Top, 13s 3d; 600 Wilson’s Cement, 14s; 100 Woolworths, H.Z., 17s 6d; 200 Wool worths, Sydney, 15s lid, and 700 at 16s 3d. WELLINGTON Sales. —Late Monday. £lO9O 3’ per cent., 62, £96 ss; 133 A.N.Z. Bank B, 37s 3d; 100 8.H.P., 35s 3d; 81 C. rights (2), 9s 9d; 200 G. J. Coles, 15s 7d; 150 Rubber Distributors, 6s 6d; 200 Woolworths. Sydney, 15s 9d. Yesterday: £7055 31 per cent., 57-60, £95 12s 6d; £3OO 32 per cent., 62, £96 ss; £5OO 32 per cent., 65, £9l 10s: £3OO 4J per cent., 61, £99 10s; £lOOO Nelson Harbour Board, 4 per cent., 1/4/63, ex. int., £94 10s; 232 National Bank of N.Z., 24s 7Jd; 200 btZ. Breweries. 475, and 200 at 46s 6d; 500 National Insurance (2), 27s 3d; 150 South British, 80s; 500 P. and O. col. stock., 29s 3d; 150 Felt and Textiles, N.Z.. pref., 19s 6d; 125 Wellington Wool. A pref., 395; 100 8.H.P., 35s 3d; 500 Consolidated Brick, 14s 6d; 200 Cox Brothers 4s 9d; 100 Giant Industries. 12s 6d; 100 G. J. Coles. 15s 8d; 200 N-Z. Forest Products. 17s sd; 200 Walton Sears, 15s lOd; 100 William Cable, 235; 800 Wilson’s Cement (2», 14s; 200 Woolworths (Sydney), 15s 9d, and 200 at 15s lid and 300 at 16s, and 500 ( 2) at 16s Id. and 900 (3) at 16s 2d; 200 Wool-

worths (N.Z.), 17s 7d. Unofficial: 200 A. and T. Burt, 595; 265 Kaiapoi, pref., 24s 9d; 400 Matea (2), Is 9d; 100 Pacific Forests. 10s 6d. DUNEDIN Sales on ’Change.—loo Ampol Petroleum, 14s 8d; 100 Coulls Somerville. rights. 9s 9d; 100 G. J. Coles. 15s 6d. Sales Reported.—222 Coulls. Somerville, rig) ts (2), 9s 9d; 600 Cox Brothers, 9d; 69 K.P., 965; £lOOO 32 per cent., 15/9/65, £9l 10s; 100 Mosgiel Woollen, 48s; 500 Ampol Petroleum, 12s 8d; 50 Dunedin Ice (unlirt’d), 40s 3d.

OVERSEAS EXCHANGES Sydney Key industrials, metals and textiles were firm on the Sydney Stock Exchange yesterday. Commonwealth loans held steady, while oils and uraniums were irregular. Burns Philp rose 2s 3d to 70s, Colonial Sugar 2s 6d to £4l, B.H.P. 3d to 42s 9d. Mount Isa 7Jd to 28s. A.C. Industries fell 6d to 54s 6d, Mount Morgan Id to 8s lOd, Ampol Exploration 2d to 7s 3d, Oil Search Id to 3s Id. Sales.—Commercial of Australia, 18s; Bank N.S.W., £35 17s 6d; Tooheys, 23s 6d; Tooths, 47s 6d; Bradford Cotton, 355; 8.H.P., 42s 9d; Burns Philp, 70s; Colonial Sugar. £4l; Courtaulds, 17s 6d; David Jones, 445; Drug Houses, 32s 6d; Dunlop, 35s 9d; E.Z. Industries, 17s Hd; Email, 6s 9d; General Industries, 20s; G. J. Coles, 18s 9d; Goldsborough Morts, 33s 6d; N.Z. Forest, 21s; Waltons, 18s l|d; Woolworths, 19s lOJd; Mount Lyell, 20s 3d; Mount Isa, 28s; Ampol Petroleum, 14s 8d; Oil Search, 3s Id; Commonwealth Mining, 9s 2d; Timor Oil, 3s sd. MELBOURNE Investment shares on the Melbourne Stock Exchange recorded a firmer tone yesterday with British Tobacco up Is Id and General Industries up lOd providing the sharpest movements. Mining shares maintained a quiet tone. Sales. —Commercial Bank, 17s 9d; N.S.W., £35 15s; G. J. Coles, l&s lOd; Myer, 24s 9d; Woolworths, 19s 7d; Burns Philp, 70s; Ampol, 14s 8d and 3s paid Ils sd; Associated Pulp, 31s Id; A.C.1., 555; A.P.M., 26s 5d and rights, 5s Id and pref. 6 p.c„ 19s lOd; British Tobacco, 33s 6d; 8.H.P., 42s 5d and new 10s paid, 31s 8d; Colonial Sugar, £4l ss; Drug Houses, 32s 6d: Dunlop 35s 9d and pref, 10 p.c., 32s 6d; E.i. Industries. 17s; Felt and Textiles, 26s Id and pref. 3rd 4 p.c., 12s 4d; Gordon and Gotch, 19s 3d; Herald, 28s 3d; Humes, 495; 1.C.1., 575; Kauri, 20s;. Olympic 7s 9d; Broken Hill South, 755; Mount Isa, 28s; North Broken Hill, 995; Commonwealth Mining, 9s; N.A.U.C., Is sd; United Uranium, 7s 2d; Mount Morgan, pref. 7 p.c.. 8s 7d; Oil Search. 3s Id; Santos, ss; Timor Oil, 3s 6d. LONDON London Stock .Exchange mining quotations on Monday included: Broken Hill Pty., 34s 6d; Consolidated Zinc, ord., 47s 6d and pref. 12s 7jd; New Broken Hill, 32s 9Jd; Mount Isa. 21s 6d.

QUOTATIONS IN CHRISTCHURCH

£ s. d. Var'n Sales on ’Change, Listed Stocks 700 Ampol 0 12 4 +id 200 Ballins Hotels 0 7 3 200 Brok. H. Pty. 1 16 0 —- 175 C.S.W. rts. (3) 0 9 9 -3d 100 N.Z. Forests .. 0 17 3 —5d 400 N.Z. Forests .. 0 17 5 -3d 100 Woolworths .. 0 16 3 4-6d Sales Reported, Unlisted Stocks 265 Kaiapoi. pf. .. 1 4 9 —- Sales Reported, Listed Stocks 232 Nat. Bank 1 4 7i +7Jd £500 43 p.c., '59 .. 100 2 6 — 300 Nat. Ins. (2) 1 7 3 -3d 700 G. J. Coles (2) 0 15 8 —9d 500 Woolworths 0 16 0 +3d £300 3J p.c., 15/5/62 96 5 0 £500 3J pc., 65 .. 91 10 0 —

Buyers. Sellers £ s. d. £ s. d. 3 p.c., 15/4/56-59 .. 99 0 0 3 p.c., 15/11/57-60 95 15 0 3 p.c., 15/8/59-61 . 93 12 6 3 p.c., 15/4/60-62 .. 93 10 0 3 p.c., 15/4/60-63 .. 91 15 0 3 p.c., 15/7/61-63 .. 90 12 6 3 p.c., 15/6/61-64 .. 89 •7 6 3 p.c., 15/7/62-64 .. 89 0 0 3 p.c., 15/5/64-66 .. 87 12 6 — 3 p.c., 15/8/59-60 98 0 0 3? p.c., 15/8/58 .. 99 10 0 99 17 6 3 p.c., 15/9/59 — 98 5 0 3J p.c., 15/6/59-60 98 0 0 32 p.c., 15/5/62 .. — 96 7 6 32 p.c., 15/6/65-66 91 10 0 — 32 p.c., 15/9/69 .. R8 10 0 —— 32 p.c., 15/9/74 .. 85 5 0 — 4 p.c., 15/8/65-66 92 10 0 — 42 p.c., 15/6/59 .. 100 0 0 00 2 6 4J p.c., 15/8/60 .. 99 0 0 — 4J p.c., 15/6/61 .. 99 5 0 —— 42 p.c., 15/6/66-67 98 0 0 —— 42 p.c., 15/8/67-69 98 0 0 — BANKS— A.JI.Z 1 15 0 ‘‘B” .. .. 1 17 0 — Comm, of Aust. .. —— 0 15 9 Pref 6 1 6 6 10 0 Comm, of Sydney — 20 5 0 E., S. and A. —. 1 11 0 Natl, of A’sia., £1 1 1 3 Natl, of N.Z. .. 1 4 0 1 4 8 N.S.W. 33 0 0 Sydney .. 30 0 0 — BREWERIES— Ballins, ord. —— 1 14 6 Dominion —— 4 4 3 New Zealand .. 2 5 6 — FROZEN MEAT— Canterbury — 25 0 0 Pref. .. ..5 15 0 6 15 0 N.Z. Refrig. 2 2 0 Southland — 2 17 9 South Otago •• — 10 5 0 GAS— Christchurch .. 0 17 6 — Cont. — 0 14 0 Wellington — 1 8 6 INSURANCE— F.A.M.E. — 1 9 0 Pref — 1 8 0 National — 1 7 6 New Zealand — 4 1 0 South British, c.d. — 4 0 6 Standard 1 0 0 LOAN & AGENCY— C.F.C.A., ord. 2 14 6 — Chch. Building .. 15 5 0 —— Credit and Fin. 1 4 0 — Dalgety — 1 11 0 Golds., Mort. — 1 8 6 Mutual Benefit .. 1 0 3 Nat. Mtge. “A” — 0 7 6 "B” — 0 7 6 N.Z.F. Co-op. — 0 16 0 “A” pref. — 0 16 0 “B" pref. — 0 15 11 4J p.c. Stk., ’60 — 97 10 0 N.Z. Guarantee .. 0 2 11 N.Z. L. & M., ord. 1 2 0 — Perpetual Trustees — 2 6 0 South Island Fin. — 1 14 6 Wright, Steph. .. 1 15 6 1 17 6 Pref. .. 1 0 3 — SHIPPING— Huddart, Parker, pref. .. 0 16 1 — P. and O. .. 1 8 6 1 9 9 Union, pref. .. 1 3 0 — TIMBER— Kauri •• — 0 17 9 Taupo Totara — 1 15 3 WOOLLENS— Bonds .. •• —— 0 17 0 Feltex .. .. 1 1 3 1 2 0 N.Z — 1 17 6 Pref., x.d. 1 0 0 — Lane. Walker Ind. — 1 19 0 Pref 1 0 0 — Tekau — 1 9 6 Pref. .. .. 0 19 3 — Timaru .. — 1 5 6 MISCELLANEOUS— Alloy Steel, N.Z. 2 5 0 — Ampol <1 12 3 0 12 9 Andersons, 1st pf. 0 19 10 — Andrews and Beaven — 1 6 5 Pref. — 0 19 6 Aulsebrooks. pf. 0 19 6 — A.M.P., rights 0 4 0 0 4 9 Aust., C.I. .. 2 6 0 2 7 6 A.W.A., c.d. 0 9 6 0 9 10 Beath and Co. .. — 2 16 0 Broken Hill Pty. 1 16 0 — Burns, Philp . 2 16 6 — Canty. R. Flour — 0 14 0 C.S.W., rights — 0 10 0 Claude Neon, N.Z. 2 10 0 2 12 3 Cn’onial Sugar, Sydney .. 35 0 0 36 0 0 Cnrv-Wright, pf (1 18 0 — Coulls. Som., pref. 1 0 0 — Cox Bros. .. 0 4 8 0 4 9 Cyclone Fence .. — 1 16 0 New — 1 15 6 Dom. Rubber .. ( 19 9 —-j Dom. Builders .. 0 9 8 — Dom. Fertiliser .. — 1 16 0

Buyers. £ s. d. Sellers. £ s. d Miscellaneous (Contd.)— Donaghy's Rope 2 14 0 D.I.C. __ 0 18 0 Dunlop Rubber .. 19 6 — Dunlop N.Z.. c.d. 1 3 3 Email 0 5 11 E.Z 0 13 10 z Farrier - Waimak. __ 0 17 9 Fletcher Holdings. “C” pref. 0 18 0 Convert. debs 1 2 9 G. J. Coles .. 15 7 0 15 9 Giant __ 0 12 9 Golden Bay. new 1 18 0 Gordon and Gotch —. 0 17 3 Griffin and Sons — 0 13 9 Hallenstein Bros. — 1 19 0 Berlei 2 9 6 Hauraki Whaling 0 0 9 Hay’s. Ltd. — 1 5 3 Pref. 10 0 Henry Berry, c.d. — 1 4 0 Pref. 1 0 0 —— Humes, N.Z., pref. 10 0 - J. J. Niven 2 6 0 J. Wattie Can. .. — 1 5 0 K.P. Drugs —— 17 0 M.C.P. 0 4 0 Macky Logan 12 6 Maling, pref. — 0 19 9 Morts 0 9 1 0 10 9 McKenzies — 0 19 6 McLeod __ 2 6 0 Mercer Indus., pf. — 1 2 0 Midland Mot., pf. 0 19 6 Milburn Lime __ 1 11 0 M.K. Mfrs. —— 0 12 6 Myers __ 1 1 0 National Electric —— 7 0 0 N.Z. Express 1 10 0 N.Z. Forest Prods. 0 17 5 0 17 6 Pref. .. 0 19 9 N.Z. Indust. Gas __ 2 3 6 N.Z. Newspapers 1 18 6 2 0 0 N.Z. Paper Mills 1 11 0 Norvic Shoes, c.d. 0 18 9 Tingeys. pref. 12 0 Quill Morris — 1 2 0 Reid Rubber —. 1 12 6 Ross and Glendining 1 3 6 1 5 6 Relax, pref. 0 17 3 __ Skellerup, pf., x.d. 0 19 4 Tasman 0 18 0 Tip Top Ice 0 13 0 0 13 4 Vibrapac (Otago) — 1 1 0 Waltons, c.d. 0 15 9 0 16 1 Weeks 1 7 6 1 8 3 Pref. 0 19 0 Whakatane, ord. 1 4 3 Whitcombe and Tombs 1 10 0 Wilson’s Cement — 0 14 3 Woolworths, ord. 0 16 3 0 16 4 (N.Z.), ord. 0 18 0 Pp., pref. — 1 0 9 W. R. Carpenter —« 0 10 9 W R. Cooke and Son 12 6 __ AUST. MINING— Commonwealth .. 0 7 9 0 8 6 Mount Lyell 0 16 9 Mount Morgan .. 0 7 3 — UNLISTED STOCKS Beaths, 19s on dep. 1 5 0 Booth, Macdonald 0 19 — Buntings 19 5 — Bing. Harris, "A” 0 16 6 0 17 3 Canty. Saleyards 2 12 6 Canty. Seed 1 5 0 1 7 6 I Kaiapoi Woollen 1 5 0 1 6 3 Pref 1 4 9