COMMERCIAL Steady Business Closes Week On ’Change

Press, Volume XCVIII, Issue 28926, 20 June 1959, Page 11

COMMERCIAL Steady Business Closes Week On ’Change

business brought the week to a close on the Christchurch Stock Exchange yesterday. Colonial Sidney Register, were down 30s in sales at 10s. Bank of N.S.W., Sydney Register, eased £io *P8 her Price set last week to sell at w i j NZ - Insurance, in a reported sale late Wednesday, eased a further 3d to 725. E.Z. Industries sold at 16s, down 3d.

Australian retailers showed a firmer trend, coles were up Id at 16s 7d. Cox Brothers improved ,to sell at 5s 6d. Waltons also advanced 2d in'a sale at 14s 6d.

Broken Hill Pty. rose 3d for the second time this week m two sales at 47s 6d. Christchurch Gas firmed 3d to sell at 18s 6d.

N.Z. SHARE TRANSACTIONS

CHRISTCHURCH

SALES ON ’CHANGE

*Late sales Thursday.

AUCKLAND Sales.—Late Thursday: 650 Dominion Breweries. 80s; 150 N.Z. Insurance. 725: 1200 Consolidated Brick, 20s; 500 Ultimate-Ekco. 20s, unofficial; 200 Bell Radio. 20s; 160 Rothmans Tobacco, 23s 6d: 200 Waitomo Cement. 235. Yesterday: £5OO 60-63. 3 pc., £95 19s; £24.000, 57-60. 31 p.c.. £9B 17s 6d; 800 C.8.A., 16s 8d; 600 National Bank A’Asia., con.. 18s 6d; 150 Dominion Breweries. 80s; 150 Tooth, 495; 50 N.Z. Insurance, 71s 9d; 75 South British, 755, and 100 74s 9d; 175 Nth. Auck. Farmers. B pref . 15s 3d; 100 Wright, Stephenson, 37s 3d; 300 Northern Steam, 13s 9d; 100 Union Steam, pref., 20s 6d; 100 Taupo Totara,‘34s 6d; 100 Manawatu Knitting. 465: 600 8.H.P., 47s 6d; 500 Consolidated Brick. 20s: 200 Clyde Ins.. 13s 6d, and 500, 13s 8d: 400 Cox Bros. 5s sd; 500 Harnish -lordan, 20s 6d: 120 Milne Chnyce. 47s 6d; 50 Motor Traders. 60s: 800 Mauri Bros.. Canberra reg., 41s 3d; 1200 Northern Steel 355: 500 Reid Murray, 10s 9d; 300 Ross. Glendinlns. 245; 300 Speedway, pref.. 14s 6d; ’OO Sth Otago Fr.. new, 41s: 100 'Hp Ton. 13s 7d; 600 Waltons 14s sd: 400 W. Cable, b pref., 18s: 200 Wilsons Cement, 13s sd. unofficial; 200 Waitomo Cement. 235.

WELLINGTON Sales.—Late Thursday: 100 N.Z. Brew.. 38s: 314 N.Z. Refrig.. 34s 6d; 200 Bonds Hosiery, 21s 6d: 300 8.H.P.. 47s 6d; 12 C.S.R.. Syd., £46 10s; 500 Cox Brothers. 5s sd; 200 McSklmming. 255: 300 United Empire Box. 365: 500 W. Cable. C pref.. 19s 6d. unofficial; 200 Waitomo Cement, 235. Yesterdav: £2335. 3 p.c.. ‘57-60, £97 16s 3d; £1295. 3 p.c., ‘6O-63 (2). £93 17s 6d; £?4 ogo. 31 p.c., ‘57-60, £9B 17s 6d; £3OO. 4$ p.c., £loo 15s; 500 A.N.Z. Bank. 48s 3d; 505 National Bank N.Z., 33s 6d: 20 Bank NSW., Syd.. £34 2s 6d; 100 N.Z Brew.. 38s; 400 Wellington Gas (2). 21s 9d; 200 N.Z. Insurance, 725: 1300 Nat. Mortgage A. x.d.. 7s; 100 Taupo Totara, 34s 6d; 200 Wellington Won], 33s 6d; 300 Bonds. 21s 6d; 100 8.H.P.. 48s. and 200. 47s 6d; 600 Clyde Ind (4). 13s 6d; 1000 Cox Bros (2). 5s sd: 100 D 1.C., 18s 3d: 125 Dunlop, N.Z.. pref.. 15s 6d: 395 G J Coles. 16s 6d. and 390, 16s 7d: 1000 M.C.P.. 4s sd: 250 N.Z. Forest Prods., pref. (2), 19s: 400 Reid Murray. 10s lid: 200 Tic Ton (Auck.). 13s 6d: 600 United Empire Box. 365: 200 Woolworths. N.Z Prop., pf. (2) 19s

DUNEDIN Sales.—Yesterday: £1250 3 p.c., ‘6O-63 (2). £93 17s 6d; 200 Wright. Stephenson. 37s 3d; 1000 Ampol. 18s. QUOTATIONS IN

and 500. 18s IJd; 600 Waltons. 14s S' an ,1„ 700 . 14s 100 N.Z. Hefrig . ■’ss: 00 Associated Leathers. 13s: 700 Bonds. 21s fid; lfi4 Mnsgiel 42s «d: 34 C.S.R. £46 ss: 500 Consol Brick. 20s: 300 M.C.P.. 4s 6d; 200 McSkimming. 255: 50 National Electrical. £7 2s 6d: 250 Ross and Glendining. 24s

INVERCARGILL Sales.—Yesterday: 800 N.Z Brew <4l, 38s; 500 D City Corp.. 4 p.c ’63. £96 10s; 400 Shtd. Fro Mt.. 65s 6d: *lOO 1.C.1.. A.. N.Z.. 53s 3d; 76 N.Z. Brew., 38s: 600 Nat Bank Aust.. 12s 6d pd.. 18s 6d: 200 UltimateEkco. 20s. •Late sale Thursday.

CHRISTCHURCH

OVERSEAS EXCHANGES

SYDNEY Key industrials, textiles, oils, and Commonwealth loans were firm on the Sydney Stock Exchange yesterday. Metals were steady, while uraniums were irregular. In oils. Santos rose 3s 3d to 255. Sales.—Comm, of Aust., 19s 9d; Comm, of Sydney, £23 3s; National, 12s 6d paid, 21s 6d; Bank N.S.W., £4O 7s 6d; Tooheys, 31s 9d; Tooths, 58s 6d; A.W.A.,. 25s 3d; A.C.1., 70s 3d; Bradford Cotton, 38s 6d; British Tobacco, 365; Broken Hill Pty.. 57s 9d. and 10s paid 475; Bums, Philp. 85s; Ind - 15s C.S.R., £55 7s f d • Courtaulds, 19s 4Jd; D. Jones. 51s 9d; E.Z. Industries, 18s 10Jd; Email, 9s; General Industries, 21s; h. Jones, 58s 9d; Goldsbrough Mort. 275; Humes. 69s 3d; Morts Dock. 7s 4d; Moulded, 235: N.Z. Forest. 32s 3d; Waltons, 16s 9d; Winchcombe, 28s: Wool worths, 18s 4Jd; Mt. Lyell, 325; fi roken Hill. 12s 8d; Ampol 21s 7|d; Ampol Exploration. 9s; Associated Oil, . is 3d; Associated Freney. Is 5Jd; Oil Search. 6s lid: Peko. 6s 6d; United Uranium. 8s sd: Timor. 7s Id: M.K.U.. 31s 6d; Mt. Morgan. 17s 10id.

MELiiUUKNE Investment snares yesterday closed the week on me Mewourne block exchange on a steady trend. A.C.i. uroppcu Is 3d to oas dd in me hightignt oi tne day. .Base metals eased sughtly, wniie oils gained sugnuy. bales.—Commercial Bank, lys lua; Comm, of Sydney, £23; E„ S., and A., 3<s 3d; National, 2is 6d, and 2us paid 365; N.S.W., £4l; Custom Credit, 16s Id; Factors, 9s; Indust. Accept.. 15s lOd; National Consolidated, 26s 2d; Repco. 13s 7d; Carlton. 32s 6d; 4d <. A -W-A-. 25s 6d; Email. 8s J ld; Cox - 6s 2d » and Pref. 18s 3d, 7 ? e r cent. B 17s; Edments. 5s G- J- Coles, 19s 8d; Myer, 26s 6d; ? eid Murray, 12s 2d. and 2s 6d paid 9s 3d; Waltons. 17s; Woolworths, 18s ,sd, and pref. 19s 2d; Huddart Parker. pref., 20s 9d; Ampol. 21s 7d. and opt 6s. and notes 18s 4d. Associated Pulp, 44s 6d; A.C.1.. 70s 6d; A. NewsHi 4 * 1 ’ and pref - 23s Id; M.. 35s fld, and notes 32s 9d; British Tobacco. 365. pref. 21s 3d. and B ord 345; Broken Hill Pty.. 57s 9d; Clyde. 15s lid; C.S.R.. £55 15s; Cyclone. 235;. Dunlop. 42s 9d; E Z I p d. 18s lOd; Felt and Textile. 33s 6d: Drug Houses, 435: General Indus2J?: .5 C Slel « h . 21s M. and rights 14s 4d. opt. 48s. and 71 per cent, notes 62s 9d; H. Jones. 595; Herald. 32s 3d: Humes. 69s 9d; I.C I A.. N.Z.. pref.. 17s; Kauri. 7J per cent., notes. 21s 6d; Moulded Products. 7 per cent, notes. 19s 9d: Olympic. 7s 9d: Mt. Isa. 48s 9d: Mt J^ 11 - 325 3d ' Peko - 6s 6d: Timor, 6s lOd; Comm. Mining, Rs 6d; Doloma, 7's: Eclipse. 3s 2d: Mt. Morgan. 17s

£ s d Var'n 500 Chch. Gas .. 0 18 6 4-3d 200 Coles 0 16 4-ld 342 W’worths 0 15 7 N.C. 100 W'wths, N.Z., Prop., pf. . 0 19 0 N.C. £300 SALES REPORTED 3 b.c., ’59-61 96 15 0 £3000 43 p.C., ’63-64 100 15 0 270 A.N.Z. Bk.. B 2 10 3 25 C.B.A., pf. .. 5 15 0 __ 20 Bank N.S.W.. Syd. 34 2 6 —2/6 100 Sthld. Fr. M.* 3 5 6 N.C. 200 N.Z Ins.* .. 3 12 0 —3d 1300 Nat. Mort. A. x.d. 0 7 0 N.C. 300 B.H.P., 2 2 7 6 +3d 32 C.S.1J., Syd.. 2 46 10 0 —30/100 Consol Bk. 0 0 __ 1000 Cojfc Bros. 0 5 6 4-2d 200 E.Z. Ind. .. 0 16 0 —3d 390 Coles 0 16 'j 4-ld 400 Waltons 0 14 6 +2d 300 Silknit 0 18 3

Buyers. Sellers £ s d £ • d V.z GOVT.— 3 p.c., 15/8/59-61 96 15 0 3 p.c., 15/4/60-62 95 10 0 — 3 p.c., 15/4/60-63 93 15 0 94 0 0 3 pc., 15/6/61-64 91 10 0 —— 3 p.c., 15/7/62-64 93 0 0 3 p.c., 15/7/63-65 91 10 0 3 p.C., 15/5/64-66 89 10 0 —* 31 p.c.. 15/9/57-60 98 15 0 4% p.C., 15/6/66-67 98 10 0 42 p.c., 15/7/63-64 100 10 0 100 17 6 LOCAL BODY CO. DEBS — X.C. Drain, 5 p.c.. 1/12/68 w 99 0 0 \Vaimak R.T., 41 pc.. 1/10/70 93 0 ) Springs-EPes., 42 p.c., 1/2/66 98 17 6 Tasman, ’65 95 0 0 — HANKS— A.N.Z 2 7 6 —— “B” • 2 10 0 2 11 0 Comm, of Aust. 0 16 7 0 16 9 Pref. .. 5 15 0 5 17 6 E.S. and A. " 1 10 0 Nat. of N.Z. 1 13 3 — N.S.W. .. — 34 0 0 Sydney 34 0 0 34 5 0 3RFWERIES— Ballins, ord. 1 14 1 1 14 9 New Zealand, c.d. 1 17 6 1 18 0 Westland 1 14 4 __ FROZEN MEAT— Canterbury 25 5 0 Pref. .. 5 7 6 •— N.Z. Refrig. 1 14 9 1 16 0 Nth Canty. of 0 19 3 * Southland — 3 5 6 Sth Otago, new 1 19 6 — Waitaki .. 2 4 0 — GAS— Christchurch 0 18 3 0 18 6 ■NSITRANCE— F.A M.E., c.d. .. 15 0 — National •. 15 9 16 9 New Zealand 3 11 3 3 12 0 Sotrth British — 3 15 6 Standard 110 — Loan & agency C.F.CA., . 54 p.c. Deb. Stock, 21/4/01 89 0 0 — “B" pref. — 2 10 0 “D” pref •— 2 10 1 Credit and Finance 18 0 Dalgety .. , 1 17 9 — Mutual Benefit .. 0 19 0 — Nat Mortgage, “A,” x4. 0 6 10 — *'B,” .xxi. 0 7 0 0 7 3 N.Z Guarantee 0 3 2 — N.Z.F. Co-op., 1st pref. .. .. 0 14 3 0 15 3 “A” pref. 0 12 9 — “B” pref. 0 12 9 —— 52 p.c. Stk., ’70 91 10 0 — 52 p-c. Stk., ’75 92 7 6 — N.Z.L. and Mer.. ord. 1 14 0 1 16 0 \V right Stephenson x -. — 1 17 6 SHIPPING— Hud. Parker, pf. 0 17 6 Union pref. 10 0 TIMBER— Kauri 0 17 0 — vonL TEXTILES— Bonds 114 —• Feltex. N.Z. 2 4 0 Holevroof pref. .. 0 15 6 Larfe. Walk. Ind. 2 0 0 Pref 0 19 0 — Manawatu, c.d. .. 2 3 0 — Tekau 1 9 0 —— Timaru 15 9 —- MMFLLANFOUS- ! Airwork, x.d — 14 0 Alloy Steel <N.Z.) 1 10 3 —— Amal. Batt. 1 12 9 — Ampol, c.d. 0 18 0 0 18 3 And and Beaven 14 0 •• Apex Ice, new .. 2 17 6 3 16 Aust. C.I. 2 18 6 — A.W.A. .. — 0 15 0 Brambles 0 17 3 Berlei Industries 2 2 0 —M. Bing Harris. “A” 0 18 6 0 19 0 Brit. Tobacco 1 10 0 Broken Hill Pty. 2 7 3 2 9 0 Buntings, c.d. 1 10 6 1 12 6

Buyers £ s d Sellers £ s d Msceligneous, cont Bycrofts 2 1 o Claude Neon. N.Z 2 10 6 Clyde Indust. 0 13 7 0 14 0 Colonial Sugar .. 46 0 0 46 10 0 Consolid. Brick .. 0 19 10 10 3 Cory-Wright 0 18 0 Pref. .. 0 16 9 0 17 6 Coulls, Somerville 2 5 0 2 6 0 Pref. .. 0 18 3 Cox Bros. 0 5 5 0 5 6 Cyclone Fence, c.d. 19 0 1 10 0 Pref «_ 0 19 6 Con Metal Ind., pref. 10 0 Dom. Rubber 2 8 0 Donaghy’s Rope 2 2 6 2 3 6 D.I.C. 0 17 9 0 18 6 Pref. .. — 0 19 0 Dunlop, N.Z. Pref., c.d. 15 0 0 16 0 Email 0 7 8 E.Z. 0 15 9 0 16 0 Farrier - Walmak 0 16 5 0 18 0 T Holdings. c.d. 1 13 9 1 14 0 Convert Debs. .. 17 0 G. J. Coles 0 16 6 Griffin and Sons 0 13 6 __ Dental and Med. 2 10 0 Greater Crystal 13 9 Humes (N.Z.), pf. 0 18 6 0 19 3 J. Gadsden 1 15 9 T Mercer Ind of 1 0 0 J. Wattle Cann. 18 0 K.P. Drugs 4 0 0 4 2 6 McKenzies, c.d .. wm 0 17 6 Milburn Lime 15 6 wm National Electric _w 7 7 6 N.Z Forest Prod. 16 0 16 6 Pref. .. 0 18 9 0 19 3 N Z Indust Gas. c.d. 2 2 6 — Norvic Shoes 0 18 0 mm Otapn Daily rimes 2 10 9 WM Quill Morris 0 19 4 MW Reid Murray 0 10 9 0 11 0 Cont. .. .. 0 8 1 0 8 5 ‘’nsc Anc j Glen .. 1 3 0 1 4 ) Silknit .. 0 17 9 MM Simpson and W . 2 17 9 Skellerup, pref. 0 18 0 0 19 0 Tasman .. 0 19 6 10 3 Tip Top Ice 0 13 6 0 13 8 Hbrqpac Blocks. cd 1 10 0 ww Vibrapac (Otago) — 10 6 Waltons .. 0 14 6 0 14 9 ord. 18 9 — Pref. .. 12 0 —M 'Vhit and Tombs 17 9 Wm Cable Hdgs. — 15 0 vin jptTrr-v 1 R 0 M Wilson Malt 0 17 0 MM Wilson’s Cement, x d. 0 13 5 0 13 8 W’worths, ord. .. 0 15 7 0 15 8 N Z., ord., x.d. 0 16 3 0 16 9 <NZ.) pf 1 8 6 WM Pp.. pref. 0 18 9 0 19 0 MINING— Ampolex .. — 0 8 1 Lyells 16 3 16 9 Waihi 0 9 4 W— Clutha 0 0 10 WM UNLISTED STOCKS Buyers. Sellers. £ s. d. £ s. d. Beaths, 19s on dep 13 0 MM Burt, A. and T. 2 13 0 MW Canty. Saleyards 2 12 6 MM Canty. Seed —M 16 0 Carbonic Ice 2 8 0 WM Ch .Ch. Press 12 10 0 MW COP. 1 5 3 MW Dom. Life, pref. 0 19 0 MM Farrier - Walmak, pref — 10 0 Kaiapoi Woollen 16 0 18 0 Lichfield, pref. —m 0 18 0 Mt Cook Tours 0 5 0 0 9 0 ppppni Theatre .. 1 2 6 Scales 0 6 6 WM Tudor Hosiery .. 0 14 0 0 18 0 Woolston Tan. .. 0 8 0 0 13 0 Gilman Packaging.—Recommended dividend is 6 per cent, pref , 8 per cent, ordinary, payable July 24; ex div., July 17.—(P.A.)