COMMERCIAL Further Drop In A.W.A.

Press, Volume XCVIII, Issue 28840, 10 March 1959, Page 21

COMMERCIAL Further Drop In A.W.A.

Amalgamated Wireless (Australasia), Ltd., declined again to sell at 16s 3d in Christchurch yesterday. This shows a drop of 9d since previous Christchurch business some weeks ago, and a drop of 3d compared with Auckland business on Friday. Dalgety rights were again active. Three parcels changed, hands at 7s 3d, the price paid for the bulk of the rights traded in Christchurch on Friday. G. J. Coles, which sold in Christchurch last week for 16s 4d and 16s sd, were traded at 16s 5d and 16s 6d. A parcel of Kaiapoi Woollen preference sold unchanged at 21s, but a later seller quoted Jd lower.

N.Z. SHARE TRANSACTIONS

CHRISTCHURCH

AUCKLAND Sales.—Yesterday: 150 South British, 74s 9d; 200 Kauri Timber, 17s 3d; 2145 Parker Lamb, 6s 6d; 500 Alex Harvey, 225; 400 Clyde Indus- ; tries, Ils lOd; 200 D.1.C., 17s 3d; 50 Farmers’ Trading, 40s 6d; 500 Fletchers, C pref., 18s; 400 M.K. Manufacturers, 8s 9d; 50 N.Z. Newspapers, 42s 6d; 200 Silknit, 19s 6d; 200 Tasman. 20s 3d; 200 Woolworths, 17s lid, and 300 at 17s lOd. Unlisted: 250 Hellaby’s, 50s 3d; 100 John Burns, 38s; 100 Matea Forests, 3s l>d. WELLINGTON Sales.—Late Friday : £2OOO 4% per cent, '59, £lOO 10s, and £lO,OOO at £lOO Us 3d; 100 Ampol, 18s; 250 Clyde Indust., 12s: 700 Dunlop, N.Z., pref, (2 sales), 15s 6d; 452 N.Z. Forest Products (2), 225; 200 Waltons, 148 sd; 500 Woolworths. N.Z., 16s lOd. Yesterday: £2OO 3 3 ,i per cent., ’59 (2). £101; £315 4% per cent., ’66-67, £99 15s; 30 Canterbury Meat, £25; 500 N.Z. Refrigerating, 31s; 206 Dalgetys, rts., 7s 3d; 500 Newton King (new), 13s 4>/ 2 d; 100 Ampol, 18s; 100 A.W.A., 16s 3d; 200 Denhard (2), 295; 200 DI.C., 17s 3d; 300 E2. Industries, 16s; 200 McKen-

zies, 17s; 100 Reid Murray, 9s lOd; 150 Tasman Pulp, 20s 3d; 275 Whakatane. pref., 21s 6d; 500 Woolworths (Syd.), 17s lOd; 450 Woolworths (N.Z.) Properties, pref., 18s 6d. 500 Colonial Motors (2), unlisted, 465. DUNEDIN Sales.—6oo Dalgety. rts., 7s 6d; 100 Ampol Petroleum, 18s, and 200 notes, 13s 4d; 600 Woolworths, 17s lOd; 700 Woolworths, N.Z. (2), 16s lOd; 200 McKenzies, 17s; 100 Milbum, 245; 100 Associated Leathers, 12s 3d.

QUOTATIONS IN CHRISTCHURCH

SALES ON CHANGE £ S. Var’n. £1000 33 p.c., 1962 97 10 6 1256 Dalgety. rts. (3) .. 0 7 3 N.C. SALES REPORTEI 500 A.W.A. 0 16 3 —9d 150 B.H.P. 2 4 10 N.C. 400 Cox Bros., c.d 0 5 0 N.C. 200 Dom. Builders 0 8 3 700 Coles (3) .. 0 16 5 N.C. 500 Coles 0 16 6 4-ld 450 W'wths. N.Z. Pr., pf„ c.d. 0 18 6 mm Unlisted Stocks 300 Kaiapoi. pf. 1 1 0 N.C.

Buyers. £ s. d. Sellers. £ a. d. N.Z. GOVT— 3 p.c., 15/11/57-60 97 5’ 0 m_ 3 p.c., 15/8/59-61 —a* 96 5 0 3 p.c„ 15/4/60-63 93 15 0 3 p.c., 15/7/61-63 92 15 0 mm 3 p.c., 15/6/61-64 91 10 0 Ma 3 p.c., 15/7/62-64 91 0 0 a— 3 p.c., 15/5/64-66 89 0 0 — 34 p.c., 15/9/57-60 98 5 0 98 15 0 3? p.c., 15/9/59 -. m— 101 2 6 3f p.c., 15/6/59-60 98 10 0 •— 3J p.c., 15/6/65-66 93 5 0 mm 32 p.c., 15/9/69 .. 91 5 0 — 3| p.c., 15/9/74 .. 88 5 0 — 4 p.c., 15/8/65-66 94 0 0 — 4J p.c., 15/8/60 .. — 99 10 0 4J p.c., 15/7/63-64 — 100 2 6 42 p.C„ 15/8/67-69 99 0 0 — LOCAL BODY, CO DEBS., STOCK— Nth. Canty. Hosp. 4 p.c., 22/3/69 — 93 10 0 BANKS— A., N.Z. 1 19 9 mm “B” 2 2 0 — Comm, of Aust., X. :r 5 19 6 17 0 1 *S 6 Nat of A’sla, £1 —— 1 10 0 Nat. of NJZ. — 1 10 1 N.S.W. — 31 10 0 BREWERIES— Ballins, ord. •• 1 11 0 aa Dominion 3 19 6 4 0 9 New Zealand .. 1 15 0 1 16 0 .Westland — ■ 1 17 6 FROZEN MEAT— Canterbury ■>., 24 15 0 25 5 0 Pref. 5 0 0 «M» N.Z. Refrig. 1 10 3 1 11 9 Waitaki 2 0 0 M— GAS— Auckland, 5s paid 0 2 6 X mm Christchurch 0 16 9 aa Cbnt — 0 11 9 INSURANCE— F.A.M.E. 13 0 MM New Zealand 3 13 0 MM South British .. 3 14 3 3 15 0 Standard 0 19 9 MM LOAN * AGENCY— CJ’.C.A., pref. ... MM 2 11 0 Dalgety, rights .. 0 7 1 0 7 3 Credit and Fin. .. — 15 0 Pref. «MM 0 19 0 Mutual Benefit .. 0 18 6 aa Nat. Mtge. “A” 0 6 8 0 7 0 "B” 0 6 8 0 6 11 Newton King 0 12 9 —— N.Z.F. Co-op. — 0 13 0 First pref. 0 12 11 0 13 4 "B” pref. 0 11 6 0 12 0 52 p.c. Stk., '70 92 10 0 93 5 0 52 p c. Stk., ’75 — 93 5 0 15/5/71 — 94 0 0 Perm. Invest. — 12 0 0 Traders’ Fin. .. 12 3 ■ MM Cont. 0 14 10 MM S.I. Finance .. 18 9 MM United Bldg., .. —a 0 19 0 Wright, Steph. .. mm 1 la 3 S.I. Finance —* 1 1.9 SHIPPING—

Huddart, Parker, pref., c.d. —— 0 18 9 TIMBER— Kauri 0 17 0 WOOL, TEXTILES Feltex, N.Z., 2 2 0 Lane, Walker, Ind. pref. 0 18 6 ■ ■ Manawatu 2 2 0 Mosgiel 1 18 0 Oamaru 2 3 6 Tekau 1 6 9 Timaru 1 2 6 Timaru, 10s pd. 0 12 0 Wellington 1 11 9 —■ MI8CELLANEOUSAirwork 1 1 6 17 0 Pref. .. •— 0 17 6 Aihal. Batt. 1 10 0 Apex Ice — 2 19 6 A. S. Paterson .. —• 16 0 A.W.A. .. 0 16 0 0 16 6 Ballins Hotels — 0 10 3 Broken Hill Pty. 2 4 9 2 5 3 Buntings 18 0 Clyde Ind. •— 0 12 1 Claude Neon, N.Z. 2 9 0 Col. Sugar, Sydney reg. 36 15 0 37 10 0 Coulls Somerville 1 18 0 Crystal Ice 5 0 0 Cox Bros., c.d. .. — 0 5.0 Cyclone Fence . ■. 1 10 0 Pref., c.d. — 10 0 Dom. Builders .. 0 7 10 Donaghy’s Rope 2 4 0 2 5 0 Dunlop, N.Z., pf. 0 15 0 E1Z., c.d. 0 16 3 0 16 5 Farrier - Waimak 0 11 6 0 13 10 Fletcher Holdings 1 10 6 1 11 0 Convert debs. .. 1 4 0 —— Frozen Products — 0 5 4 G J- Coles 0 16 4 0 16 6 Golden Bay —— 0 9 9 Gordon and Gotch 0 18 6 — Griffin and Sons 0 13 0 0 13 9 Grey and Menzies 0 13 6 — Hay’s, Ltd. 1 1 3 — Holm Engineering — 0 19 6 L.N.C. Ind. 0 11 10 0 12 0 J. Gadsden 1 14 0 — John Chambers .. — 0 18 9 J. Mercer Ind., pf. 0 19 9 — K.P. Drugs ——■ 3 18 6 M.CJ?. * .. ■ . 0 4 0 Mas., Struthers .. —— 14 6 14s pd. -- ■ 0 15 0 McCasfey. pref. McSkimming .. 1 ~2 4 0 10 9 0 17 0 Midland Mot., pf. ** 0 19 0 Milburn Lime 14 3 Petrous Tile —- 0 17 6 National Electric 6 0 x© ■ — N.Z. Cement 0 17 3 — N.Z. Express 1 12 0 N.Z.F. Fertiliser, pref. N.Z. Forest Prods. 0 19 1 2 6 0 ' Pref. .. — 0 17 6 N.Z. Newspapers 2 2 0 — N.Z. Paper Mills Norvic Shoes 0 19 0 — Otago Daily Times 2 10 0 — R and E. Tingey 0.7 0 — Reid Murray 0 9 6 Reid Rubber ■ ■ 1 14 6 Ross and Glendin. 1 1 1 116 Silknit 0 19 0 0 19 6 Simpson and Williams .. •— 2 16 6 Skellerup, pref. .. 0 18 0 — Tecnico 1 11 9 1 12 6 Tasman 1 0 0 10 6 Tip Top Ice 0 13 9 Transpt (Nelson) 1 12 6 Ultimate-Ekco —• 0 19 3

Miscellaneous Contd.— Sellers £ s. d. Buyers Vibrapac Blocks 110 Waltons, c.d. 0 14 • 0 14 9 Weeks, pref. 0 19 0 Whakatane. ord. 18 6 Pref. .. 110 12 0 Whit, and Tombs 18 0 Wm Cable Hdgs. 12 5 1 ~3 0 Will. Jeffery 13 0 Wilsons Cement 0 13 6 W’lworths, ord. .. 0 17 9 0 18 0 (N.Z.), ord. — 0 16 10 Pp.. pf.. c.d. .. OVERSEAS — 0 19 0 LISTINGS— W’lworths (S.A.), c.d. 14 6 — ” A 14 0 C/wealth 0 6 6 Timor 0 5 0 - - Mount Lyell 17 0 UNLISTED ‘ STOCKS Beaths. 19s on dep. 12 0 17 6 Burt, A. and T. .. 2 10 0 Belvedere Masionetts, _pref. Chch. Press 12 W 0 10 9 C.OP.. ord. 16 0 Dominion Life, pref. .. 0 18 9 -— Kaiapoi Woollen 13 9 15 0 Pref. 10 6 1 0 11 Matea Forests 0 3 8 Prudential Bldg. Reece, E.. ord. .. 0 ~5 0 0 18 0 Regent Theatre .. 12 0 Scales 0 6 6 0 8 0 Tudor Hosiery .. 0 14 0 0 16 0