COMMERCIAL Trading Year Starts On Quiet Note

Press, Volume XCVIII, Issue 28794, 15 January 1959, Page 12

COMMERCIAL Trading Year Starts On Quiet Note

Trading was very quiet on the Christchurch Stock Exchange yesterday, when business opened for the year. Only four parcels of shares changed hands, totalling 3145.

New Zealand Insurance were 3d firmer than in most recent local trading, when a parcel of 150 sold at 71s 3d. At 465, a parcel of 250 New Zealand Refrigerating was unchanged. Standard Insurance

N.Z. SHARE TRANSACTIONS

CHRISTCHURCH

1 SALES ON 'CHANGE, LISTED i STOCKS £ s. d. Var’n. 150 N.Z. Ins. .. 311 3 +3d SALES REPORTED, LISTED 250 N.Z. Refrig. .. 2 6 0 N.C. 100 Stand. Ins. .. 019 6 2645 Mutual Benefit 0 18 9 AUCKLAND Sales.—Yesterday: 320 A. E. Goodwin. rights. Is 3d; 200 8.H.P., 41s: 250 Farmers’ Trading, 42s 6d; 100 Fletchers, 28s 6d; 1000 Toppa. 4s; ; 500 Henderson, Pollard. 365. WELLINGTON Sales.—Yesterday: £B5O 3 per cent., 1959-61 £96; 200 N.Z. Insurance, 71s; 100 Standard Insurance. 19s 6d; 200 Wright. Stephenson. 335; 200 Tekau Knitwear, cum. div., cum. rights. 265; 10,000 Alex. Harvey. 22s 3d Unofficial: 100 Radio Corporation. t Ils 7d. I DUNEDIN Sales.—Yesterday: 100 Standard Insurance, 19s 6d; £B5O 3 per cent., 15/8/59-61, £96; 200 Wright. Stephenson and Co., 335. OVERSEAS EXCHANGES Sydney Key industrials and textiles were firm on the Sydney Stock Exchange yesterday, while Commonwealth loans were strong. Metals were irregular, uraniums steady, and oils weaker. Sales.—A.N.Z. Bank. 495; Commercial of Australia, 19s 9d; Commercial of Sydney, £22 3s; National. 12s 6d paid, 22s 6d; National. 20s paid, 36s 6d; Bank of N.S.W.. £3B:

Tooheys, 28s 3d; Tooth, 51s; A.C.1 M 61s 6d; Bradford Cotton. 39s 6d; British Tobacco, 36s 6d; 8.H.P., 50s 3d; Colonial Sugar, £43; Courtaulds, 17s lOJd; D. Jones, 48s; Drug Houses, 40s 9d; E.Z. Industries, 20s 6d; Email. 7s 6d; Feltex, 29s 4Jd; General Industries, 18s IJd; G. J. Coles, 18s 10id; 1.C.1., 60s 9d; R. Murray, 12s lid; Waltons, 16s 9d; Winchcombe, rights, 7s 7d; Consolidated Zinc, 81s; Mount Isa. 335; Ampol Petroleum, 8s 101 d; Ampol Exploration, 12s 7d; Associated Freney, Is 9Jd; Oil Search, 8s 4d; N.A.U.C., 2s - 2d; Uranium Development, 7d; United Uranium. 8s; M.K.1., 12s lid. MELBOURNE Investment shares recorded a very firm tone on the Melbourne Stock Exchange yesterday and several industrial and hire purchase scrips were also very firm. Mining and oil shares eased. Sales.—Mount Isa, 335; Mount Lyell, 30s 3d; North Broken Ifill, 95s 3d; Peko, 6s 7d; Oil Search, 8s sd; Timor, 6s 2d; Commonwealth Mining, 8s 3d; Eclipse Gold, 3s 3a; Emperor, 8s 8d; Loloma, paid, SOs; Coml. Bank, 19s 9d; Bank of New South Wales, £3B ss: Custom Cvcoit. 13s 4d; Industrial Acceptance, 17s 3d; General Motors, pref., 24s 3d; National Radiators, 23s 3d; Repco. 12s; Carlton Brewery, 27s 9d; Swan, 10s 6d; A.W.A., 19s Id, and notes, 60s; Email, 7s 6d; Cox Bros.. 5s *d; Edments, 6s 2d; G. J. Coles, 19s; Myer. 245; Reid Murray, 13s; Wooiworths, 20s 2d; Ampol, 18s 13d end options 3s sd. and notes 14s 6d'; Associated Pulp, 365; A.C.1., 625; A. 325, and notes 28s 9d; British Tobacco, 36s 9d;» and pref. 21s Sd; B. 50s 3d; Cyclone, 25s 3d; Dunlop, 41s 9d; E.Z. Industries. 20s 6d; Felt and Textiles, 29s 3d; Gordon and Gotch, 22s 6d; Herald, 24s 9d; 1.C.1.A.N.Z., 60s 9d; Kauri, 20s, and notes 22s 9d; Moulded Products, notes, Ils 6d; Olympic. 7s 10d; Patons, 30s 4d, and pref. 16s 8d; Peters, 40s; Taubmans, 12s, and pref. 16s Bd. -s

QUOTATIONS IN CHRISTCHURCH

N.Z. GOVT.— Buyers. Sellers. £ s d £ s. d 3 p.c., 15/4/60-63 .. 92 10 0 92 15 0 3 p.c., 15/5/64-66 .. 88 2 6 — 31 p.c., 15/9/57-60 97 0 0 34 p.C., 15/6/59-60 97 15 0 —— 32 p.c., 15/5/62 .. 96 0 0 32 p.C., 15/9/69 .. 90 10 0 mm. 32 p.C., 15/9/74 .. 87 10 0 __ 4 p.c., 15/8/65-66 95 0 0 4i p.c., 15/8/60 .. 100 2 6 p.c., 15/6/61 .. 98 10 0 4| p.c., 15/7/61 .. 100 10 0 — 4g p.c., 15/6/66-67 99 10 0 — BANKS— A.N.Z. 1 19 6 2 0 6 ”B” 2 0 6 E., S and A. .. 17 0 — Nat. of N.Z. 17 0 MM BREWERIES— Ballins, x.d. 18 0 New Zealand 1 12 6 1 13 6 FROZEN MEAT— Canterbury, pref. 5 5 0 N.Z. Refrig. 2 5 9 2 6 6 GAS— Christchurch 0 16 3 0 17 0 Cont. i. mm 0 12 0 INSURANCE— F.AJVLE, . 13 0 __ National 1 3 6 14 3 New Zealand 3 11 0 3 12 0 South British 3 10 0 Standard 0 19 3 LOAN & AGENC1 I— Chch. Building .. 1 10 0 Dalgety 1 17 0 MM Mutual Benefit .. 0 18 0 0 19 6 Nat. Mort. “A” 0 6 9 0 6 11 "B” 0 6 9 N.Z.F. Co-op. .. 0 13 6 First Pref. 0 12 9 0 14 6 “A” Pref. 0 13 0 “B” Pref. 0 12 9 Sth. Island Fin. 17 0 W., Steph., c.d. 13 6 Pref., c.d. — 0 19 5 SHIPPING— Northern 0 10 9 P. and O. 1 16 9 WOOL, TEXTILES Bruce 1 13 0 Lane, Walker Ind. 1 15 0 1 15 6 Manawatu 2 0 0 Tekau, c.d. 16 6 Timaru 1 0 9 —— MISCELL ANEOUSAirwork 17 6 6 per cent., pref. _. 0 18 6 Ampol 0 15 6 0 16 3 Andrews and Beaven 13 0 14 6 Aust. Iron and Steel, pref. — 12 6 Aust. C.I. 2 10 9 2 12 6 A.W.A. 0 15 9 0 16 4 Broken Hill Pty. 2 0 9 2 2 6 Buntings 1 7 6 1 8 3 Cory - Wright, pf. 0 18 3 Cox Bros. 0 4 6 0 4 10 Cyclone Fence .. 19 6 1 11 6 Pref. — 10 0 Dom. Builders 0 7 3 D.I.C. 0 17 9 Pref. .. — 0 19 3 E.Z. 0 16 10 0 17 3 Farrier-Waimak .. — 0 15 0 A. E Goodwin, rights — 0 1 6 Fletcher Holdings 18 3 I 9 0 G. J. Coles 0 15 6 MM Gordon and Gotch 0 18 0 0 19 9 Hay’s, Ltd., rts. 0 3 3 0 4 6 Holm Engineering — 10 0 J. J. Niven 1 18 6 J. Wattie Canneries, rts. 0 2 0 MM M.C.P. 0 4 0 — •

Buyers. £. s. d. Sellers. £ s. d Miscellaneous, continued— Watties, pref. .. — 10 6 McCaskey, pf. __ 0 17 6 McLeod 2 0 0 Milbum Lime .. 14 6 15 3 National Electric 6 5 0 N.Z. Cement __ 0 18 0 N.Z. Forest Prod. 1 0 0 N.Z. Newspapers 1 19 0 2 0 0 N.Z. Paper Mills 19 0 Reid Murray 0 10 9 Ross and Glendining 13 0 Toppa ___ 0 4 3 Tip Top Ice 0 13 9 Waltons 0 13 6 Whakatane, ord. 15 4 Pref. 1 1 0 Whit, and Tombs 17 0 17 6 Wm. Cable Hldgs. 10 6 W’worths, ord. .. 0 17 0 0 17 4 (N.Z.) ord. 0 15 9 (N.Z.) Pp., pf. 0 19 6 UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Burt, A. and T. 2 10 0 Chch. Press 12 7 6 Kaiapoi Woollen 12 0 Pref. 12 0 Prudential Bldg. — 0 18 6 Reece, E., ord. .. 0 5 0 Victoria Mansions 1 16 0