COMMERCIAL Trading Again Quiet On ’Change

Press, Volume XCVIII, Issue 28795, 16 January 1959, Page 13

COMMERCIAL Trading Again Quiet On ’Change

continued quiet on the Christchurch btock Exchange yesterday. Prices were variable in the transactions reported. Selling at the same price as on Wednesday, 100 New Zealand Insurance changed hands at 71s 3d. There was also a reported sale of 500 snares at the same price.

>1 4 Parcel 140 Fletcher.-Holdings firmed 3d to sell at 28s 9d. Two parcels of G. J. Coles changed hands, 200 selling at 15s lOd and; 300 moving up by . 2d il° : Sel at 16s. Firming by 3d, 559 J. Watties rights 3d - N.Z. Newspapers eased by 6d to sell at 39s 6d m a parcel of 400.

N.Z. SHARE TRANSACTIONS

CHRISTCHURCH

SALES ON ’CHANGE, LISTED STOCKS ~ £ s. d Var'n. 100 N.Z. Ins. .. 311 3 N.C. SALES REPORTED, LISTED STOCKS 500 N.Z. Ins. .. 311 3 N.C. 200 United Bldg. 017 9 600 E.Z. Ind. o 17 41 - 140 Fletcher H. .. 1 8 9 4-3 d 200 G. J. Coles .. 0 15 10 N.C. 300 G. J. Coles .. 016 0 -f-2d 54 Hay’s, rts., 2 0 3 6 —l/559 J. Watties, rts. 0 2 3 4-3 d 400 N.Z. News. 119 6 —6d 100 Tip Top 0 13 10 N.C. AUCKLAND Sales.—Late Wednesday: 1000 Alex Harvey, 22s 3d; 500 Forest Prod., 20s 3d. Unlisted: 200 Kaiapoi Wool., 225. Yesterday: £765. 4J p.c., 15/6/61, £99; 150 N.Z. Breweries. 335; 100 South Brit., 71s 9d; 300 Wright, Stephenson, pref.. 18s 6d; 200 Holeproof. 22s 6d; 400 Amal. Wireless, 16s 3d; 1375 Ampol Pet., 16s 3d, 100 16s 2d; 79 8.H.P., 41s 6d; 100 Claude Neon. 47s 6d; 300 Cox Bros., 4s 6d; 400 Dunlop. N.Z.. pref., 15s; 300 Coles. 16s; 100 Grey. Menzies. 13s 6d; 100 Humes, N.Z., pref., 18s 3d; 342 J. Wattle, rights, 2s 3d; 100 N.Z. Refrigerating. 465; 550 Reid Rubber, 31s; 822 pref., 18s 3d; 100 Tip Top 13s 9d; 200 Woolworths. N.Z. 16s 3d; 100 Woolworths. N.Z., props., pref., 18s 6d; 400 Mount Lyell, 255. WELLINGTON Sales.—Late Wednesday: £lOOO, 4J p.c., July, ’6l, £lOO 17s 6d; 5000 Alex Harvey (2), 22s 3d; 4000 Griffin and Sons. 12s 4d. Yesterday: £1415, 3 P.C., 57-60, £96 12s 6d; £255, £96 12s 6d; £l5OO. 3 p.c.. 63-65, £BB 15s; £BOO, 4J p.C.. 60, £lOO 17s 6d; £490, 4’2 p.c., June (2). £99 2s 6d: 100 M. Refrig., 465; 500 N.Z. Ins., 71s 3d; 200 Tekau Knitwear. 26s 9d; 100 A.W.A., 16s 3d; 200 B.H.P. (2), 425; 140 Fletcher Holdings, 28s 9d; 100 Griffin and Sons. 22s 4d; 250 J. Wattie Canneries, rts. (2), 2s 3d; 500 M.C.P., 4Sj6O Motor Specialists 41s 9d; 400 N.Z. Newspapers, 39s 6d; 400 Waltons-Sears. 14s 4d; 100 Whakatane Board. 25s 6d. DUNEDIN Sales.—Yesterday: 100 8.H.P., 41s 3d; 250 N.Z. Forest Prods., pref.. 18s; 500 A.N.Z. Bank. 40s Id; 200 N.Z. Ins., 71s 3d; 300 Wright, Stephenson (2).

Mutual Life.—The Mutual Life and Citizens’ Assurance Company, Ltd., has announced that the new business written in Australia and New Zealand was again a record in 1958. Exclusive of all temporary assurances, policies were issued in the ordinary branch, with annual premiums of more than £2.3m, and in the industrial branch with annual premiums of more than £580,000.

OVERSEAS EXCHANGES

Sydney Key industrials, metals and oils were firm on the Sydney-- Rtoek it*-. ■ change yesterday, while Commonwealth Loans were strong. Textiles were steady and uraniums Weaker. Sales.—Commercial of Sydney (mr). £22 Is; National 20s paid. 36s 4Jd; Tooheys, 28s 3d; Tooth. 51s 6d; A. 19s; A. Hordern, 255; A.C.I-J 61s 6d; British Tobacco 36s 4 id; B. 50s; Bums Philp, 61s; Colonial Sugar. £43; Courtaulds, 18s 3d; Drug Houses, 41s; Dunlop, 425; Ezind, 20s 6d; Email, 7s 6d; General Industries, 18s 6d; G. J. Coles. 19s; 1.C.1.. 61s, new. paid, 60s; 6d; R. Murray, 13s; Winchcombe. rights, 7s 9d; Woolworths (500), 20s 3d; Mt. Lyell. 30s; Consolidated Zinc. 80s; Mt. Isa. 33s 6d; North 8.H.. 955; South 8.H., 57s 6d; Ampol Petroleum. 19s; Ampol Exploration. 13s; Associated OiL 2s sd; Associated Frenev, Is 9d; Freney, Is 4d; Oil Search, 8s 6d; N.A.U.C.. 2s 2d; Uranium Development, 6d; i Commercial Mining. 8s 6d; Timor, 6s Id. MELBOURNE On the Stock Exchange of Melbourne yesterday, investment shares again recorded a firm trend. Leader stocks improved further. Drug Houses gaining Is to 41s 6d, and Herald 9d to 25s 6d. Mining shares eased slightly overall. Sales.—Consolidated Zinc, 80s 6d; Mount Isa, 33s 4d; Mount Lyell, 35s 3d; North Broken Hill, 95 s 6d; Peko, 6s 7d; Timor. 6s 2d; Eclipse, 3s Id; Hill 50. 10s; Mount Morgan, 14s 3d, pref., 9s 8d; Commercial Bank, 19s 9d; Custom Credit. 13s 4d; Industrial Acceptance, 17s 3d; National Radiators. 23s 3d; Repco. Ils lid; Swan Brewery, 10s 7d; A.W.A., 19s; Email, 7s 6d; Cox Bros., 5s 4d. new, 5s id; 1 Edments. 6s 3d; G. J. Coles, 19s; Myer, 24s 3d; Reid Murray, 13s; Wai- . tons. 16s 9d; Ampol, 19s. options, 3s . sd, notes. 14s 3d: Associated Pulp. 35s 9d; A.P.M., 325, pref., 20s 3d. notes. 28s 9d; British Tobacco. 36s 6d: 8.H.P., 50s 6d; Colonial Sugar, ( £43 10s; Courtaulds. 18s; Cyclone. , 25s 3d; Drug Houses, 41s 6d; E.Z. Industries, 20s 8d; Felt and Textiles. 29s 3d; General Industries. 18s 3d; ; Gordon and Gotch. 22s 6d: Henry Berry, pref.. 13s Id; Herald, 25s 6d; Humes. 60s 6d; 1.C.1.. A., N.Z., 61s, new 60s 6d; Kauri, 20s; Moulded : Products, 18s Id. notes, ll s 9d; N.Z. Forest. 255; Olympic, 7s 9d; Patons. 30s 3d; Peters, 40s; Reichhold, 26s 9d; Taubmans, 12s 3d. LONDON Mining Sales.—B.H.P., 40s 6d; Zinc, ord, 65s 9d; Mount Isa. 26 s 4Jd; New Guinea Gold, 2s OJd; North Kai., 10s 4Jd; Lakeview, 24s 3d; Paringa, 3Jd; G.M. Kai.. 8s 6d; Oil Search, 6s 3d.

QUOTATIONS IN CHRISTCHURCH

N.Z. GOVT.— Buyers. Sellers. £ s d £ s. d 3 p.c., 15/4/56-59 .. 99 10 0 100 0 0 3 p.c., 15/8/59-61 .. — 96 7 6 3 p.c.. 15/4/60-63 . . 92 10 0 92 15 U 31 pc.. 15/9/57-60 97 0 0 —— 3% p.c., 15/9/59 .. 100 7 6 <3 pc.. 15/5/62 .. 96 0 0 3% p.c., 15/9/65 .. 93 5 0 93 10 0 3% p.c.. 15/6/65-66 91 15 0 _ 3% p.C M 15/9/69 .. 90 5 0 __ 3% p.c., 15/9/74 .. 87 7 6 4 p.c.. 15/8/65-66 .. 94 15 0 — •4«/ a p.C., 13/8/60 ... 100 5 0 4% p.C.. 15/6/61 .. 98 15 0 48 p.C., 15/6/66-67 99 10 0 — 4% p.C M 15/8/62-63 100 12 6 — 4% p.c. 15/7/63-64, x.i. • . 98 5 0 — LOCAL BODIES— Nth Canty. Hos., BANKS— A.N.Z-. 1 19 10 “B*\ .. 2 1 0 ___ Comm. Aust., c.d. 0 16 0 — E., S., and A. 1 8 0 — Nat. of N.Z. 1 10 3 —— N.S.W. 30 17 6 31 10 0 BREWERIES— Ballins. x.d. 1.8 0 19 6 Dominion 3 9 0 3 10 3 New Zealand 1 12 9 — FROZEN MEAT— Canterbury 24 5 0 — <’anterb tv. pref 5 a 0 —— N.Z. Refrig. 2 6 0 2 6 6 Nth Cant., pref. 0 19 6 Southland 2 17 0 — GAS— Christchurch 0 16 6 0 17 0 Cont. .. — 0 12 0 INSURANCEF.A.M.E. 12 6 — National 1 3 10 New Zealand 3 11 0 3 11 3 South British 3 11 0 3 12 3 Standard 0 19 4 — LOAN & AGENCY — C.F.C.A., ord. 2 9 0 — Pref. .. 2 9 0 2 11 6 Chch. Bldg. — 1 10 0 Dalgety 1 19 0 — Nat. Mort. A, c.d. 0 6 8 0 6 11 “B,” c.d. 0 6 8 0 7 0 N.Z.F Co-op. 0 13 3 First pref. 0 12 9 — "A" pref. — 0 12 9 •B’ Pret — 0 12 9 5’4 p.c. Stk., ’70 96 0 0 — Sth island Fin I ? 0 — United Bldg. — 0 18 0 Wright. Step., c.d. 1 12 9 1 13 3 Pref., c.d. —_ 0 19 3 Convert Debs. .. 110 — SHIPPING— Northern 0 11 0 >— P. and O. 1 18 0 — WOOL. TEXTILES Bonds 0 16 0 —— Bruce — 1 13 0 Feltex 1 3 3 — N.Z. 1 16 0 Lane, Walker Ind. 1 15 0 Pref. .. 0 18 6 Manawatu 2 0 0 —— Mosgiel 1 14 0 —— Tekau, c.d. 16 6 17 0 Timaru 1 0 9 MISCELLANEOUSAirwork. 6 p.c. pref. 0 18 3 Amal. Batt. 1 10 0 — Amnol 0 15 9 0 16 3 A. S. Paterson .. — 16 6 Andrews and Beaven — 1 4 6 Pref., x.d. — 0 19 6 Aust. C.l. ■ —— 2 12 6 A.W.A. 0 15 11 0 16 3 Beath and Co. — 1 14 0 Begg and Co. 2 14 9 — Broken Hill Pty. 2 13 2 2 3 Buntings — 18 3 Bums, Philp 2 10 0 Claude Neon N.Z. 2 7 3 — Cory - Wright, pf. — 0 18 3 Cox Bros. ** 0 4 9 Cyclone Fence .. 19 6 1 11 0 Dom. Builders \ . 0 7 6 — Dom. Fertiliser .. — 13 6 D.I.C. — 0 17 6 Pref. .. —— 0 19 6 Dunlop N.Z. 12 0 — E.Z. 0 -17 1 0 17 6 A E Goodwin. rights , 4 0 0 9 0 13 Farmers’ Trading 2 2 3 —— Farrier - Waimak 0 15 0 Fletcher Holdings 18 3 — G J Coles — 0 16 3 Gordon and- Gotch 0 18 0 — Griffin and Sons 0 12 3 0 12 6 Hay’s, Ltd. 113 — I Rts 0 3 7 0 4 0 i Henry" Berry 0 19 9 — I Holm Engineering — 10 0 J. Gadsden 1 11 6 —. I pref., x.d. - 0 19 9 — 1 J Wattie Can1 neries 13 9 14 0 , K.P. Drugs 3 12 0 — IM.C.P 0 4 0 .Watties, pref. — 10 6 1 Rts. 0 2 1 0 2 3 McCaskey. pf. — 0 17 6 Milburn Lime 14 9 15 3 , Miscellaneous, continued— National Electric — • 8 0

Buyers. £ s. d. Sellers. £ s d N.Z. Cement 0 18 0 N.Z Express 1 10 6 N.Z. Forest Prod. 10 4 10 7 Pref. 0 17 9 N.Z. Newspapers 1 19 6 N.Z. Paper Mills 1 9 6 Petrous Tile 0 16 6 0 18 0 R. and E. Tingey 0 6 6 Reid Murray 0 11 1 Reid Rubber pref. 0 18 9 Ross and Glendintng ___ 13 0 Toppa ». — 0 4 6 Tasman 0 19 6 Tip Top Ice 0 13 10 ■ Truth (N.Z.) 1 15 0 Waltons 0 14 3 Weeks 17 3 1 10 0 Whakatane, ord. 15 6 Pref 1 1 0 Whit, and Tombs 17 0 17 3 Wm. Cable Hldgs. — 13 0 W’wths. ord 0 17 1 0 17 2 (N.Z.) ord. 0 16 1 0 16 9 *N Z > Pp of — 0 19 6 OVERSEAS LISTING— W’wths. (S.A.) 13 0 — UNLISTED STOCKS Buyers Sellers £ s d £ s d Burt A. and T 2 10 0 . Kaiapoi Wollen 1 1 9 _— Pref 12 0 Matea Forests 0 2 9 0 3 3 N.Z. Motor Bod. 1 16 0 Prudential Bldg. — 0 18 0 Reece. E.. ord .. 0 5 0 Shirley Links 0 10 0 0 11 0 Victoria Mansions 16 0 1 16 0