COMMERCIAL Easier Trend On Sharemarket

Press, Volume XCVIII, Issue 28890, 9 May 1959, Page 16

COMMERCIAL Easier Trend On Sharemarket

After a week of distinctly “bullish” activity, an easier trend was shown on the Christchurch Stock Exchange yesterday.

Ballins Breweries, Dunlop, N.Z., Fletcher Holdings, McKenzies and Reid Murray and Matea Forests all sold at slightly lower prices than in previous business.

N.Z. Refrigerating, Fletcher Holdings, M.C.P. and Forest Products were firmer. Turnover, spread over a representative range of securities, was well maintained. QUOTATIONS IN CHRISTCHURCH CHRISTCHURCH 7

AUCKLAND Sales.—Late Thursday: £5OO 1969, 33 P. 0., £9O 10s; 100 Auck. Gas, 8s; 500 Wright, Steph, deb., 255; 100 Bycroft, 40s 6d; 5 Col. Sugar, £43 ss; 700 Cox Bros., 4s lid; 300 J. J. Niven, 395; 300 N.Z. Paper Mills, 41s; 200 Reid Murray, 10s 5d- 200 Silknit, 19s. Yesterday: £295 3 p.c., 1957-60, £9B ss; £6OO 3 p.c., ?.960-63, 63, £93 10s; £2OO 3 p.c., 1961-63. £93 15s; £lOOO 3 p.c., 1962-64, £92 15s; £3OOO Auck. Drain. Bd., 4 p.c.. 1963, £95 12s 6d; £3OO Whangarei 8.C., 4 p.c., 1/3/65, £94 8s 9d; 700 Auck. Gas, 8s; 150 N.Z. Ins., 70s 9d; 200 South Brit., 73s 3d; 150 Newton King. 14s 9d; 100 Nth. Auck. Farmers, 21s 6d; 1000 Wright, Steph., 365; 100 Kauri Timber. 15s 6d; 100 Bonds Hosiery, 20s; 334 Ampol, rts., 13s 6d; 100 Andrews, Beav., 23s 9d; 103 Berlei, 435; 12 8.H.P.. rts., 26s 3d, and 660 at 26s 4d; 8 Col. Sugar, £43 ss; 1000 Cox Bros., 4s lid; 200 Custom Credit. 13s 6d; 100 Fletchers. 32s 6d, and 200 deb., 25s 9d; 500 Coles, 16s; 300 J. Wattie, 27s 9d; 374 Forest Prods., 24s 6d; 300 Reid Murray, 10s sd? 100 United Empire Box, 35s 1 , 400 Wm. Cable, 22s 6d; 200 Wilsons Cement, 13s 9d: 200 Wool worths, N.Z., 17s; 200 Woolworths Sydney, 16s; 7500 Waihi Invest., 8s 3d; 100 Emperor Mines, 6s 3d; 100 Oil Search, 5s lOd. Unofficial: 260 Auck. Farmers’ Freezing, 20s.

WELLINGTON Sales.—Late Thursday: 388 Gear Meat (2), 21s 6d; 100 Brambles Ind., 15s 6d; 100 McKenzies, 16s 9d; 700 Waltons, 14s 4d. Yesterday: £950 4J p.c., June, 1961 (2). £lOO 10s: 100 Ballins, 30s 3d; 500 Feltex. N.Z., 42s 6d; 200 Ampol, 18s 6d, and ICO 18s; 83 A.C.1., 54s 9d, 50 at 555, and 150 (2) at 55s 3d; 150 B.H.P. (2), 445. and 292 rts. (2). 26s 3d; 100 Fletcher. 32s 6d, and 200 debs., 25s 9d; 1300 G. J. Coles (2), 16s lOd; 800 Golden Bay, 9s 6d; 800 McKenzies, 16s 9d; 700 Moulded Prods., c.d., 18s 2d. Unofficial: 260 Auck. Farm Freezing, “A” ord., 20s. DUNEDIN Sales.—Yesterday: £350 43 p.c., 1966-67, £100; 300 A.N.Z. Bank, 44s 6d; 11 C.F.M., £25 ss; 100 S. Otago Freezing, new issue, 40s; 300 N.Z. Ins., 71s; 500 Wright, Steph., conv. debs., 255; 300 Wright, Steph., 365; 100 Bonds, 20s; 462 Ampol, rts. (5). 13s 6d; 300 N.Z. Paper Mills, 41s;

300 Woolworths (N.Z.), 17s: 200 Wm. Cable. 22s 6d; 100 Wilson’s Cement. 13s 9d: 100 Standard Ins., 21s; 500 Cox Bros., 4s lid.

INVERCARGILL Sales.—Late Thursday: A.C.1., 54s 6d: 500 Wool worths, 16s; 100 Whakatane, pref., 21s 6d.

N.Z. SHARE TRANSACTIONS

SALES ON ’CHANGE Var’n £ s d. £350 4% p.c., ’66-67 100 0 0 826 For. Prod. (5) 1 4 3 4-2d 500 For. Prod. .. 14 6 SALES REPORTED +5d 200 Ballins Br. (2) 1 10 3 —3d 400 N.Z. Ref’g. (2) 1 13 6 4-3d 100 S.B. Ins. .. 3 13 3 N.C. 200 Feltex .. 1 7 N.C. 500 Cox Bros. .. 0 11 N.C. 100 Dunlop N.Z. 1 3 6 —6d 100 Fletchers .. 1 12 6 4-3d 1000 Coles (2) .. o 16 0 —Id 340 M.C.P .. 0 3 9 4-ld 200 McKenzies, c.d. 0 16 9 —3d 300 For. Prod. .. 1 4 3 4- 2d 500 R. Murray .. 0 10 Unlisted Stocks 5 —Id 11 C.F.M.* .. 25 5 0 N.C. 440 Matea (2) .. 0 3 8 —Id 500 Regent Th. .. 1 3 0

Buyers. Sellers £ s. 1. £ «. N.Z. GOVTrf— 3 p.c., 15/11/57-60 98 5 0 M— 3 p.c., 15/8/59-61 96 10 0 —— 3 p.c., 15/4/60-62 95 0 0 3 p.c., 15/4/60-63 93 10 0 ww 3 p.c., 15/7/61-63 93 15 0 3 p.c., 15/6/61-64 92 15 0 ww 3 p.c. 15/7/62-64 92 10 0 3 p.c., 15/7/63-65 91 0 0 WM 3 p.c., 15/5/64-66 90 5 0 — 34 p.c., 15/9/57-60 97 17 6 — p.c., 15/9/59 99 15 0 aw 32 p.c., 15/6/59-60 99 10 0 ww p.c. 15/5/62 . . 98 0 0 33 p.c., 15/9/65 .. 93 12 6 94 0 0 32 p.c., 15/6/65-66 93 15 0 — 32 p.c., 15/9/69 .. 90 0 0 aw 32 p.c., 15/9/74 .. 87 5 0 —— 4 p.c., 15/8/65-66 94 10 0 aw 41 p.c., 15/8/60 .. 99 17 6 100 10 0 41 p.c., 15/6/61 .. 100 7 6 — 41 p.c., 15/7/61 .. — 100 7 6 4| p.c., 15/6/66-67 100 0 0 —— 42 p.c., 15/8/62-63 100 7 6 — 42 pc., 15/7/63-64 100 5 0 ww LOCAL BODY. CO. DEBS.— Chch Drainage, 4 p.c., 31/3/63 .. 95 15 0 96 15 0 Chch. Tr.. 5 p.c.. 1/12/68 — M00 15 0 Chch. Drainage, 4J p.c., 1/12/68 .. ■ 100 5 0 Wgtn. City, 43 p.c., 1/4/69 —— 98 10 0 Tasman, 64 95 10 0 WW ’65 95 0 0 MW S. Canty. Catch., 5 p.c., 1/5/68 .. mm 100 10 0 Bluff Harbour 5 p.c. Stk., 10/7/67 MW 100 12 g BANKS— A.N.Z. 2 4 0 MW “B” — 0 16 9 Nat. of N.Z., c.d. 1 10 0 MW N.S.W., c.d. 33 7 6 WW Sydney 33 7 6 —— BREWERIES— Dominion 3 16 0 MM New Zealand 1 15 2 1 16 0 Westland —— 1 16 0 FROZEN MEAT— Canterbury — 25 7 6 Pref 5 0 0 Gear 1 1 6 MM N.Z. Refrig. 1 13 3 1 13 6 Nth. Canty., pref. — 1 1 1 Southland 3 3 6 WW Sth. Otago 1 19 6 2 1 0 Waitaki 2 3 0 W. GAS— Auckland, c.d. .. 0 7 0 5s paid, c.d. 0 3 6 aw Christchurch, c.d. ww 0 19 6 Cont., c.d. 0 13 6 0 14 6 •NSURANCE— F.A.M.E. 1 2 6 1 6 0 National, x.d. wm 1 4 6 New Zealand, c.d. 3 10 9 3 11 0 South British 3 12 6 LOAN & AGENCY C.F.C.A., 54 deb. stk., 21/4/61 .. 94 0 0 Pref — 2 1 0 Chch. Building .. 1 7 6 Credit and Fin. 1 3 0 wa Farmers' Finance 0 19 0 Goldsb rough, M. — 1 6 6 Nat. Mtge., “A” 0 6 9 0 7 0 “B” 0 6 9 0 7 0 N.Z. Guarantee .. 0 3 3 0 3 9 N.Z.F. Co-op. 0 12 7 First pref. 0 13 6 “A” pref. 0 12 10 0 13 9 “B” pref. 0 12 10 0 13 8 15/5/71 94 0 0 Wright, Stephenson 1 15 9 1 16 6 Pref. .. 0 18 7 Convert. Debs. 1 4 3 ww .HIPPING— Huddart Parker, pref. 0 16 9 •W Northern 1 12 6 1 15 0 TIMBER— Kauri 0 15 0 vOOL, TEXTILES Bonds .. ~1 0 0 1 0 6 Feltex 1 7 6 1 8 0 N.Z., new 2 1 0 Lane, Walker Ind. 1 18 0 Manawatu 2 2 0 WW Tekau .. 1 8 0 Pref. .. 0 18 0 Timaru .. 1 3 6 10s paid 0 13 0 Wellington 1 12 3 - - MldCELLANEOUSAirwork 1 4 0 WM 6 p.c. pref. —. 0 18 0 Amal. Batt 1 10 0 Ampol notes 0 15 0 Andersons, 1st pf. 1 3 9 1 4 0 And. and Beaven 0 18 3 Aulsebrooks, pref. 0 18 0 A. S. Paterson .. 1 1 6 1 ~6 0 Aust. C.I. 2 15 0 A.W.A. —— 0 19 6 Ballins Hotels .. — 0 10 3

Buyers. Sellers. £ s. c . £ s. d. Beath and Co. .. — 1 12 6 Bing, Harris, “A" 0 17 I _ Begg and Co. 3 5 i — British Tobacco 1 9 — Broken Hill Pty. 2 3 i — Rights 16 0 16 6 Buntings, c.d. 1 9 1 10 6 Clyde Ind. 0 12 0 12 9 Colonial Sugar .. — 43 15 0 Corv-Wrieht. pref. — 0 17 9 Coulls. Somerville 2 0 — Cox Bros. 0 4 1 0 5 0 Cyclone Fence .. 1 9 1 10 0 Pref. .. — 0 19 6 ) Dom. Fertiliser .. 1 2 — Donaghy’s Rope, c.d. —• 2 2 3 D.IC. 0 16 9 0 17 0 Pref. .. 0 18 i 0 19 0 Dunlop, N.Z., pf. 0 15 0 15 9 Email 0 7 — 1 Ducon Condensor 1 9 1 i — Farrier - Waimak 0 12 — Fletcher Hldgs. .. 1 12 6 — “B” pref. 0 18 — “C” pref. 0 17 I — Convert. debs. 1 4 — Frozen Products 0 5 3 — Giant 0 12 0 — G. J. Coles 0 15 1 0 16 1 0 Golden Bay 0 9 6 Griffin and Sons 0 13 — Dental and Med. 2 9 — Hay’s, Ltd. 1 1 — 1 Henry Berry 1 2 — J. Gadsden 1 14 — K.P. Drugs 3 13 — M.C.P. 0 3 — Moulded Prods. w 0 18 6 McCaskey pret. 0 17 0 McKenzies, c.d .. 0 16 8 0 16 10 McLeod, x.d. 2 0 3 Milburn Lime 14 0 — Natl Electric 6 10 i — N.Z. Cement .. .. 0 17 6 — N.Z.F Fert.. pref. 0 19 6 — N.Z. Forest Prod. 14 6 14 9 Pref. 0 18 0 18 6 N.Z Indust. Gas, c.d. 2 0 i — N.Z. Newspapers 2 4 — Miscellaneous Contd.— N.Z. Pack. Corpn. 1 2 1 — N.Z. Paper Mills. c.d. 2 1 1 — Quill Morris 0 18 1 0 0 Reid Murray 0 10 0 10 6 Cont. — 0 8 0 Ross and Glend. 12 6 — Tasman 0 19 Tip Top Ice — 0 13 8 Vibrapac (Otago) — 1 1 0 Waltons 0 14 0 14 6 Whakatane, ord. 1 7 1 8 3 Pref. .. 1 2 0 Whit, and Tombs 16 9 17 9 Will Jeflerv 12 9 — Wilson’s Cement 0 13 8 — Woolworths, ord. 0 16 i 0 16 1 Properties 0 16 1 — (N.Z.), ord. 0 16 1 0 17 0 Pp., pref. 0 18 i 0 19 3 MINING— Waihi 0 8 0 8 4 UNL1STEI STOCKS Buyers Selle s £ s. d £ s i Beaths, 19s on dep. 116 15 0 Burt. A. and T. .. 2 10 — Canty. Saleyards 2 12 i Canty. Seed 1 0 I 1 6 0 Carbonic Ice ‘ .. — 2 12 6 Chch. Press 12 12 Dom. Life. pref. 0 19 1 — Kaiapoi Woollen 1 5 1 6 0 ) Pref. 1 1 1 — Matea Forests .. 0 3 6 0 3 10 Prudential Build. 0 18 6 Reece. E.. ord. 0 6 0 — Regent Theatre .. 12 0 13 6 Tudor Hosiery .. 0 14 0 18 0 LONDON METALS MARKET (N.Z. Press Association—Copyright) LONDON May 4 Latest London metal prices are — Buyers Sellers per ton per ton £ s. d £ 8. d. Tin— Spot .. 83 10 0 784 0 0 o Forward .. 84 0 0 784 10 0 Lead— Spot 71 2 6 71 5 0 Forward 72 2 6 72 5 0 3 Zinc— Spot 76 5 0 76 10 0 0 Forward 75 5 0 75 10 0 Copper— ? Spot .. 32 5 0 232 10 0 3 Forward .. 233 15 0 234 0 0