COMMERCIAL Trading Quiet And Prices Firm

Press, Volume XCVII, Issue 28699, 24 September 1958, Page 17

COMMERCIAL Trading Quiet And Prices Firm

Business was again slow on the Christchurch Stock Exchange yesterday, with prices steady to firmer. New Zealand Refrigerating gained 3d to change hands at 43s 6d, and Ampol, New Zealand Forest Products and Waltons were also sold at prices above those of most recent local business. McKenzies eased Is to 18s. Canterbury Frozen Meat, Hays, Australia and New Zealand Bank, G. J. Coles, Whakatane Board Mills and Waitaki Farmers Freezing were steady. N.Z. SHARE TRANSACTIONS

Sales.—Yesterday: £3005 15/4/6063. 3 per cept., £94 2s 6d; £6655 15/9/57-60, 3J per cent., £97 ss; £4OO Auckland Gas, perpetual deb., 4J per cent., £7O; 100 Dominion Breweries, 71s 9d; 550 N.Z. Breweries, 31s 6d; 150 N.Z. Insurance. 71s 9d; 400 Wright, Stephenson, 34s 3d, and 200 at 345, and 20 rights at 2s 9d, and 190 at 2s 6d; 1246 Northern Steam, 9s 9d; 136 Kauri Timber, 18s; 150 Oamaru, 10s paid, 245; 200 Ampol Petroleum, 15s; 300 42s 6d; 1000 Cox Brothers, 5s sd; 200 Farmers’ Trading, 38s 9d, and 200 C pref, at 19s 3d; 200 Fletchers. 28s 3d; 250- Gillman Packing, 32s 6d; 427 Forest Products, 19s 9d, ;and 500 at 20s; 100 Tasman, 20s; , 500 Wilsons Cement, 14s 9d. Unlisted: 50 Winstone. 40s 3d. WELLINGTON Sales.—Yesterday: £5OO N..Z. Farmers’ Co-operative Association, Canterbury, 52 oer cent. deb. stock, 31/1/70, £94 10s; 400 Reid-Murray Holdings, 10s 7d; £1330 3 per cent., 57-60 (2), £97 17s 6d; £3500 3 per cent., 59-61 (2), £96; £3OOO 3 per cent., 61-64 (3), £9l 17s 6d; £3OO 3 per cent., 63-65, £9O; 53 A.N.Z. Bank, B, 41s 3d; 100 Dominion Breweries, 71s 9d; 100 N.Z. Breweries, 31s 6d; 100 N.Z. Insurance (2) 71s 9d; 300 Wright Stephenson allotments (3) 2s 9d and 1565 (4) at 2s 6d; 150 Felt and Textiles allotments 5s 9d, and 100 N.Z. ex. at 32s 6d; 500 Ampol (3), 15s, and 100 at 14s 10d, and 100 at 14s 9d; 300 8.H.P., 42s 6d; 100 Farmers’ Trading, 38s 9d, and 300 C pref, at 19s 3d; 500 G. J. Coles, 16s lOd, and 200 at 16s 9d; 500 N.Z. Forest (2), 20s; 100 Walton Sears, 15s sd; 700 Wilsons Cement (2), 14s 9d; 300 Woolworths, Sydney (2), 17s 9d. DUNEDIN Sales.—Yesterday: 500 Wright, Stephenson, conv. deb., rights, 2s 9d, and 795 (4) at 2s 6d; 100 Wright. Stephenson, ord., 34s 9d; 300 Wool-

worths (N.Z.), 16s 6d; 200 E.Z. Industries, 15s 3d, and 200 at 15s 2d; £3OO 3 per cent., 15/7/63-65., £9O; 200 N.Z. Breweries, 31s 3d; 22 Canterbury Frozen Meat, £22; 100 National Electrical, £6 ss; 200 N.Z. Forest Products, 19s 9d.

OVERSEAS EXCHANGES Sydney Key industrials and textiles were easier on the Sydney Stock Exchange yesterday. Metals and oils were weak, uraniums steady, while Commonwealth loans were firm. Sales.—Commercial of Australia, 19s; Commercial of Sydney, £2l 4s; Bank of New South Wales, £39 12s 6d; Tooheys, 26s 3d; A.W.A., 15s lOJd; A.C.1., 59s 6d; British Tobacco, 34s 7Jd; 8.H.P., 48s 3d, and 10s paid, 37s 6d; Colonial Sugar, £4l 12s 6d; D. Jones, 455; E.Z. Industries, 16s 6d; Email, 7s 9d; Feltex, 275; General Industries, 20s; G. J. Coles, 19s 3d; Humes, 57s 6d; Moulded Products, 15s 6d, and rights, 5s 6d; Woolworths, 20s ljd; Consolidated Zinc, 64s 6d; Mount Isa, 28s 101 d; New Broken Hill, 41s; North Broken Hill, 87s 6d; South Broken Hill, 49s 9d; Ampol Petroleum, 16s 3d; Associated Oil, lOd; Associated Freney, Is 41d; Freney BJd; Oil Search, Is lOd; Mount Morgan, Ils 3d; New Guinea Gold, 2s sd; Peko, ss; United Uranium, 6s 6d; Commonwealth Mining, 8s 4d; Timor, 5s Id. MELBOURNE Investment shares on the Melbourne Stock Exchange yesterday maintained a steady undertone on average volume trading. Main price movement was E.Z., down lid. Mining shares took a sharp setback. Sales.—Commeicial Bank, 18s 8d; National, 12s 6d paid, 24s Id, and 20s fully paid, 38s 6d; New South Wales, £39 17s 6d; Custom Credit, Ils 6d; Industrial Acceptance, 14s lOd, and pref., 20s 3d, and new, 14s 6d; Repco, Us 7d; Swan, 10s 8d; A.W.A., 15s 8d; Email, 7s lOd; Cox Bros., 5s lOd; Edments, 5s 2d; G. J; Coles, 19s 3d; Myer, 23s lOd, and pref., 29s 2d; Reid Murray, Ils lid; Waltons, 17s 6d; Woolworths, 20s; Ampol, 16s 7d, and 3s paid, 13s 9d, and 6 per cent, notes, Us 3d; Associated Pulp, 335; A. 59s 9d; A P.M., 30s 6d, and 20s notes, 17s lid; Bradford Cotton, pref., 19s 6d; British Tobacco, 34s 9d; B. 48s 4d, and 10s paid, 37s 9d; Courtaulds. 16s 3d; Drug Houses, 38s; Dunlop, 38s 6d. and pref., 32s 6d; E. Industries, 16s; Felt and Textiles, 26s 9d; Henry Jones, 50s 9d; Herald, 345. and pref., 20s 8d; Humes, pref., 24s 6d; 1.C.1.A.N.Z., 59s 9d; Moulded Products, 15s 6d, and rights, 5b 6d. and pref., 21s 6d; Olympic, 8s 3d, and pref., 20s 3d; Patons and Baldwins,: 31s; Peters, 36s 6d;' Mount Isa, 295; Mount Lyell, 23s 3d; New Broken Hill, 41s; Peko, 4s lOd; Commonwealth Mining, 8s 3d; Renison, Us 4d: Eclipse, 4s 3d; Hill 50, Us 3d; Oil Search, Is lid: Timor Oil, ss.

QUOTATIONS IN CHRISTCHURCH

CHRISTCHURCH Sales on ’Change, Listed 1 Stock £ s. d. Var’n 22 c.f.m. 22 0 0 N.C. ' 100 Hay’s, c.d. .. 1 3 9 N.C. Sales Reported, 1 -Jsted Stocks £1000 3 p.c., 60-62 95 12 6 £500 32 p.c., 62 .. 97 10 0 __ 680 A.N.Z. Bank 1 19 3 N.C. 500 N.Z. Refrig. 2 3 6 +3d 500 Lombard (Aust.) 0 7 11 __ 1080 Wright, St., rts., 2 0 2 6 200 Ampol 0 15 0 + 1/2 200 G. J. Coles .. 0 16 9 N.C. 364 H. C. Sleigh, x.d., 2 2 10 6 200 McKenzies .. 0 18 0 —1/200 N.Z. Forest, c.d. 0 19 9 +3d 200 Waltons, c.d. 0 15 6 +ld 75 Whakatane B. Mills, c.d. 1 6 6 N.C. 200 Woolworths, x.d. 0 17 9 —_ 500 Waitaki Farmers’ Freez. 1 18 0 N.C. AUCKLAND

Buyers. Sellers. £ s. d. £ s. d. N.Z. GOVT.— 3 p.c., 15/11/57-60 97 17 6 — 3 p.c., 15/8/59-61 95 17 6 96 5 0 3 p.c., 15/4/60-63 — 94 5 0 3 p.c., 15/7/62-64 91 5 0 — 3 p.c., 15/7/63-65 90 0 0 —— 3 p.Ct, 15/5/64-66 89 15 0 34 p.c., 15/9/57-60 97 5 0 —■ 3? p.c., 15/6/59-60 99 0 0 3J p.c., 15/9/65 .. 93 0 0 —— 33 P-c., 15/6/65-66 93 5 0 M— 33 p.c., 15/9/69 .. 89 15 0 MM 33 p.c., 15/9/74 .. 87 0 0 MM 4 p.c., 15/8/65-66 94 0 0 MM 4i p.c., 15/8/60 .. 100 0 0 MM 43 p.c., 15/6/66-67 99 0 0 MM 43 p.c., 15/8/62-63 99 17 6 — 43 p.c., 15/8/67-69 99 0 0 —— 43 p.c., 15/8/68-70 99 5 0 — LOCAL BODY DEBS.— Auckland E.P.B., 4 p.c., 8/3/65 .. 92 0 0 93 0 0 BANKS— A.N.Z. 1 19 0 ■ !■ “B” 2 0 0 — Comm, of Aust. .. 0 16 3 0 16 9 Pref. 5 15 0 —— Nat. of N.Z. 16 6 — N.S.W. 33 5 0 Sydney 34 0 0 — BREWERIES— Dominion 3 10 9 3 12 6 New Zealand 1 11 3 1 11 6 FROZEN MEAT— Canterbury 21 15 0 — Canterbury, pref. 5 5 0 —— N.Z. Refrig. — 2 3 6 Southland 2 18 0 3 0 0 Waitaki 1 17 0 — GAS— Auckland «> — 0 7 6 Christchurch 0 18 0 MM Cont. 0 13 0 m— INSURANCE— F.A.M.E. .. 13 0 15 0 Pref. 13 0 15 0 New Zealand 3 11 3 3 12 0 LOAN AND AGENCY— Dalgety, c.d. 1 14 6 Nat. Mort., “A” — 0 7 0 “B” 0 6 11 MM Lombard. Aust. —— 0 8 3 N.Z.F. Co-op. 0 13 0 — 53 p c. Stk., ’70 94 0 0 94 10 0 N.Z.L. and Mer., ord. 14 3 ■■ 1 United Bldg., c.d. 0 17 6 — Wright, Stephenson, c.d. —— 1 15 0 Pref., c.d. —— 10 0 Rights 0 2 0 0 2 6 SHIPPING— Huddart, Parker —— P. and O. 1 15 6 —M Union, pref. 10 9 — TIMBER — Kauri 0 18 0 —— WOOL, TEXTILES Feltex, N.Z., nil paid 0 5 8 0 6 0 Holeproof — 0 18 3 Pref. 0 15 9 — Lane, Walker Ind. —— 1 17 3 Mosgiel — 1 18 3 Rights — 0 7 0 Tekau 16 9 Pref. ■ • i 0 19 Timaru 12 0 Wellington — 1 17 6 Wellington, B pf. 10 3 MISCELLANEOUS— Airwork, 6 p.c. pf. —• 0 19 6 Alloy Steel (N.Z.) 2 4 6 — Amal. Batt. 1 11 0 — Ampol 0 14 9 — Notes 0 9 3 MM And and Beaven, pref .. Aulsebrooks, pf. 0 18 6 0 18 9 0 19 0 Banks, C. M. 13 0 MM A.W.A. 0 13 7 0 14 0 Ballins Hotels, 10s paid, c.d. — 0 11 0 Beath and Co., c.d. — 1 12 6 Is pd. 0 4 3 —— Begg and Co. 2 12 6 MM British Tobacco 19 6 MM Broken Hill Pty., c.d. 2 2 0 2 2 6 Sydney — 2 2 3 Claude Neon, N.Z. 2 7 0 MM Col Sugar. Sydney 36 0 0 — Consol. Brick. .. 0 15 9 M— Cent. Otago F. .. — 10 0 Coulls, Somerville, c.d. 2 0 0 — Cox Bros.,’ c.d. 0 5 4 0 5 6 Cyclone Fence .. 1 11 6 1 13 0 Pref. .. — 10 0 Dom. Builders .. —m 0 10 6 Dom. Fertiliser .4 12 6 — Donaghy’s Rope2 3 6 2 6 0 DJ.C 0 17 6 0 18 3 Pref. 0 19 0 MM Dunlop Rubber 1 12 9 1 14 6 Dunlop, N.Z. 12 0 MM Email 0 6 11 0 7 1 E.Z. 0 13 0 0 15 3 Farrier - Waimak — 0 15 9 Fletcher Holdings, Convert. Debs. i a o —

Buyers. £ s. d. Sellers. £ s. d. Miscellaneous (Cont d.)— G. J. Coles 0 16 8 0 16 9 Golden Bay, c.d. —. 1 19 0 Griffin and Sons — 0 13 0 Gillman 1 12 0 MM H C. Sleigh, x.d. 2 8 6 —— Hay’s, Ltd., c.d. 13 6 1 3 9 Pref. mm 1 0 0 Henry Berry, c.d. — 1 2 6 Holm. Engineering, pref. mm 1 0 0 Humes (N.Z.), pf., x.d. — 0 19 6 I.C.I., A., N.Z. .. 2 11 0 2 12 6 J Gadsden 1 11 6 Pref. .. 0 19 9 John Chambers 0 18 3 — J. Mercer Ind., pf. 0 19 9 MM J. Wattie Canneries, c.d. 15 6 mm K.P. Drugs 3 16 6 3 17 6 M.C.P. 0 3 7 0 3 11 Mating, pref. — 0 19 3 Metters, N.Z. 0 14 0 — Mas., Struthers .. — 0 15 0 10s paid — 0 11 0 McCaskey, pref. .. — 0 19 0 McKenzies — 0 18 0 McLeod 2 2 0 Midland Mot., pf. 0 19 0 Nelson Fish — 1 6 0 National Electric 6 0 0 —— N.Z. Cement 0 18 0 — N.Z. Express 19 0 mm N.Z.F. Fertiliser, pref. 10 0 — N.Z. Forest Products, c.d. 0 19 9 1 0 0 Norvic Shoes 0 19 0 MM Quill Morris 0 18 0 MM Ross and Glendining, c.d. 10 7 1 1 0 Sharland 2 8 3 MM Reid and Gray, pref. -— 1 0 0 Vibrapac Blocks 18 6 Waltons, c.d. — 0 15 6 Whakatane, ord.. c.d. — 1 6 9 Pref., c.d. 12 0 M— Whit, and Tombs 19 0 1 9 6 Wm. Cable Hdgs. — 1 2 9 Wilson’s Cement 0 14 6 — W’lworths, ord.. x.d. — 0 17 9 N.Z., ord. —— 0 16 7 (N.Z.), pref., x.d. — 1 13 0 Pp., pref., x.d. 0 19 3 —— OVERSEAS LISTINGS— Woolworths (S. Africa) 13 0 MM AUST. MINING— Mount Isa — 1 7 6 Placer — 4 1 6 UNLISTED STOCKS Beaths, 19s on dep. 12 6 — Carbonic Ice — 2 14 0 Chch. Press 12 0 0 MM Dominion Life .. 0 13 0 —M Finance and Discount, ord. — 1 3 6 Matea Forests .. 0 2 3 0 3 0 N.Z. Fisheries — 0 10 0 Prudential Bldg. 0.15 6 0 18 0 Reece, E., ord. .. 0 5 6 — Tudor Hosiery .. 0 11 6 0 16 6