COWWERCIAL Dental And Medical Shares Gain 2/-

Press, Volume XCVIII, Issue 29008, 24 September 1959, Page 19

COWWERCIAL Dental And Medical Shares Gain 2/-

, Dental an d Medical shares rose sharply to sell at 57s on the Christchurch Stock Exchange yesterday. Chis was the first Dominion business recorded in these shares since September 15, when they sold for 555. Farrier-Waimak, in first business since publication of the accounts, gained 3s in a sale at 19s after recent firmer quotations. Ampol shares sold for 225, compared with 20s 6d in Christchurch last week. A sale had been made in Auckland at 22s on Tuesday.

Share prices generally were firmer in Christchurch yesterday. Other gains were recorded by Commercial Bank of Australia, New Zealand Breweries, Tekau Knitwear, A.W.A., Clyde Industries, Colonial u f a J*’ National Consolidated, Bing Harris A, Tasman and Matea Forests. Two parcels of Bank of N.S.W. so’d 2s U P a t £35 17s 6d and one parcel sold at ioo 15s,

Ansett and Reid Murray showed the day’s only losses.

N.Z. SHARE TRANSACTIONS

Unlisted Stocks 200 Hellaby .. 3 o 0 •Late sales Tuesday. AUCKLAND Tuesday: 23 Bank N- s -W., £3o 15s; 50 Broken Hill Pty., 59s 3d; 200 Dominion Fertiliser, 36s 6d; 100 Fletchers, 38s; 200 J. Wattie, new, 30s 9d; 500 Phillipps, Impey, 48s; 300 Woolworths. Sydney, 15s Id. Yesterday: £2OOO A.E.P.8., 15/12/61 4 per cent., £99 2s 3d; £3OO Auckland Gas,.perp., 4J per cent £7l; £2OOO Tasman, 30/9/64, 5 per cent., £99 ss: 250 Dominion Breweries. 68s 6d: 200 N.Z. Breweries, 435, 700 at 43s 3d. and 100 at 43s 6d; 200 N.Z. Insurance, 755; 1160 South British. 86s 9d; 200 North Auckland Farmers, 28s; 800 Kauri Timber, 18s; 100 Ampol Petroleum, 225; 200 'Ansett Transport, 7s lid; 300 Broken Hill Pty., 595, and 50 at 58s fid; 200 Consolidated Brick, 245; 800 Cox Bros., 6s 3d; 1500 E.Z. Industries, 17s sd, and 500 at 17s 4d; 200 Fletchers, 38s; 700 Coles. 14s 9d; 200 George Court, 255: 100 K.D.V. Industries, 15s 6d; 140 Maple Furnishing, rights, 13s 6d, and 20 at 13s 7d; 156 Motor Specialities, 51s 6d; 100 National Electric, £7; 134 Forest Products, 29s 6d. and 500 pref, at 20s sd; 200 Northern Roller, 32s 3d; 300 Reid Rubber. 39s 9d; 200 Speedway, 17s 9d; 500 Tasman. 25s 9d; 300 Taubmans, 9s 6d; 200 Toppa, 4s lid; 500 Waltons. 13s 8d; 300 William Cable, 24s 9d; 500 Wilson’s Cement, 13s 4jd; 500 Broken Hill South, 12s; 300 Waitomo Cement (unlisted), 22s 9d. WELLINGTON Sales.—Late Tuesday: £4OOO 3 per cent., 63-65 (2 sales), £9l 10s; 233 C.8.A., 19s 3d; 400 Dominion Brewery (3 sales), 68s 6d; 1000 Wright, Stephenson, pref., 19s 3d; 1444 Union Steam, pref., 20s 9d; 100 Broken HUI Pty., 59s 9d; 300 Clyde Indust., 16s lid; 100 Consolidated Brick. 245; 200 Fletcher Holdings, 38s; 200 G. J. Coles. 14s lOd; 100 L. J. Hooker, 17s; 200 M.C.P., 5s 4d; 300 N.Z. Packing. 25s 3d; 900 R. and E. Tingey. pref.. 21s 9d: 100 United Empire Box, 39s 6d: 125 William Cable, “S" pref., 18s 3d; 600 Woolworths, Sydney (2 sales). 15s 3d. Yesterday; £lOB5 3 per cent., 60-63 ( 3). £96; £l3OO 3J per cent., 62, £99 ss: £l5OO 31 per cent.. 62, £94 15s: £250 3J per cent., 74, £B9; 10 Bank N.S.W., £35 15s: 200 Balling Breweries, 37s 9d: 150 N.Z. Breweries (2), 43s 6d, 200 at 43s and 200 at 43s 3d; 800 Tui Brewery. 19s; 100 National Insurance. 31s: 100 Insurance, 755; 738 South British (2).

86s 9d; 200 Standard Insurance, 26s 9d; 300 National Mortgage. A. 8s 6d; 100 Felt and Textiles, N.Z., 48s 3d, 165 Tekau Knitwear, 32s 6d; 125 Wellington Wool, 335; 100 Alex. Harvey, 275; 500 Ampol (2), 21s 9d; 500 Broken Hill Pty. (3). 595; 220 Bing Harris. A, 235; 43 Colonial Sugar, Sydney (4), £57 ss; 200 Cox Bros., 6s 3d; 200 Email. 9S 7d; 300 Henrv Berry (2), 25s 9d; 1600 Humes, N.Z. pref.. 19s; 100 K.P., N.Z.. 90s; 500 Leyland Invest., 8s 6d; 300 M.C.P., 5s 4d; 200 National Consolidated, 24s 6d; 100 National Electric. £7; 832 N.Z. Forest Products (2), 29s 6d; 400 Forest Products, pref. (2), 20s 3d. and 600 (2) at 2ps sd; 100 Tingey. pref., 21s 9d; 100 Reid Murray. 10s sd; 500 Reid Rubber (2). 39s 9d; 200 Tasman. 265; 400 Transport (Nelson), 7s 6d; 1100 United Empire Box (7), 39s 6d; 300 Walton-Sears, 13s 9d; 194 William Cable, 24s 6d; 600 Woolworths, Sydney (2), 15s 3d; 300 Woolworths (N.Z.) (2), 17s 9d; 100 Timor. 5s 6d. DUNEDIN Sales.—Yesterday: 20 Bank N.S.W., £35 15s, and 20 at £35 17s 6d; 200 Commercial Bank, 19s 4d; 100 Dominion Fertiliser. 36s 6d; 300 • Tip Top. 15s 6d; 500 Wilson’s Cement, 13s 4|d; 100 Brown Ewing, 15s; 100 Amalgamated Wireless. 24s 6d; 100 K.P’s N.Z. Drug, 90s; 100 Standard Insurance, 275.

OVERSEAS EXCHANGES

SYDNEY

Key industrials, textiles, uraniums and Commonwealth loans were firm on the Sydney Stock Exchange yesterday, while metals were irregular and oils steadier. Sales—Com. of Sydney, £24 10s; Bank of N.S.W., £42; Toohevs. 35s 3d; Tooth, 58s 6d: A.W.A., 27s 6d; A. Hordern, 38s 4Jd; A.C.1.. 81s 6d; Brit. Tobacco, 40s 9d; 8.H.P., 68s 6d: Burns, Philp. 107 s 6d; Clyde Ind., 19s; C.S.R., £69; D. Jones. 17s 6d; E.Z. Industries, 21s 6d; Email, Ils; Feltex, 39s 6d; General Industries. 225; G. J. Coles, 16s 7Jd: Goldsbrough. Mort, 345; H. Jones. 725; 1.C.1.. 71s 6d: R. Murray. Ils 6d; Waltons, 15s 4Jd; Wirfchcombe. 48s; Wool worths, 17s 3d: Mount Lyell. 34s 6d; Mount Isa. 58s; Ampol Pet., 24s 9d; Ampol Exp.. Ils: Associated Freney, Is 6d; Freney, Is 3d; Oil Search, 5s 9d; Mount Morgan, 21s; Peko, 9s; United Uranium, 8s 9d; Timor, 6s Id; M.K.1., 22s 7Jd. MELBOURNE Investment shares eased slightly. Drug Houses gained Is. B.H.P. eased a further 9d. Sales.—C.B.A.. 22s lOd; National, 20s fully paid. 40s; Customs Credit, 19s 6d; Ind. Accept., 16s 7d; Nat. Cons., new, 26s 6d; Repco, 14s sd; Carlton, 30s 4d; Swan, 12s 6d; Email, Us Id; Cox, 7s; Edments, 6s 6d; G. J. Coles, 16s lOd; Myer, 29s 3d; Reid Murray. Us Bd, and new, Us Id; Waltons, 15s 6d; Woolworths, 17s 6d; Ampol, 255; Assoc. Pulp, 575; A.P.M., 38s 9d; British Tobacco, 41s; 8.H.P., 69s 6d; Clyde, pref., 16s 6d; C.S.R., £6B ss; Courtaulds, 20s 3d; Dunlop. 55s 3d; E.Z. Ind., 21s 3d: Felt and Textiles. 39s 6d: Gerrard, 36s 6d: H. C. Sleigh, 20s sd; H. Berry, pref., 13s 6d: H. Jones, 735; Herald, 39s 6d; I. A.. N.Z., 71s 9d; Kauri, 20s 8d; Moulded Prod., 25s 7d; N.Z. Forest. 365; Olympic, 9s 3d; Patons, 345; Tom Piper, 26s 9d; B.H. South, 14s sd; Consol. Zinc. 83s; Mt. Isa. 58s 3d; Mt. Lyell. 34s 6d; New 8.H., 425; North 8.H., £5 6s; Peko. 9s Id; Oil Search, 5s 9d; Commonwealth Mining, 9s 3d; Eclipse, 3s 3d; Loloma. 42s 6d; Mt. Morgan, 21s 6d. LONDON Tuesday’s sales included:— A.N.Z., 47s lOJd; C.8.A., 18s 6d; E., S., and A., 325; Dalgety, 435; Nat. Bank N.Z., buyers 31s 9d, sellers 32s 9d; N.Z. Loan, ord., buyers 365, sellers 375; P. and O. (mid-price), 37s 9d.

QUOTATIONS IN CHRISTCHURCH

CHRISTCHURCH SALES ON CHANGE £1000 3 p.c., ’63-65 £ 92 s. 10 d. 0 Var’n. £250 3} p.c., "14 .. 89 0 0 300 C.B.A. 0 19 3 4-3d 200 Ampol 1 2 0 +1/6 74 Dent., Med. 2 17 0 4-2/-300 180 200 Dunlop, Aus., Pt 1 7 9 Fletcher For. Prod. .. 1 1 18 9 0 6 N.C. N.C. 200 Tasman 1 6 0 +9d 200 Unlisted Stocks Matea 0 4 2 +2d 100 Matea 0 4 3 +3d £1300 SALES REPORTED 3J p.c., ’62 99 5 0 30 B. N.S.W., 2 35 17 6 +2/6 10 B. N.S.W. .. 35 15 0 N.C. 300 Ballins Br„ 2 1 17 9 N.C. 400 N.Z. Brews. 2 3 0 +6d 100 N.Z. Refrig. 1 14 6 N..C. 200 Nth. Ak. Fra, 1 8 0 163 Tekau 1 12 6 +6d 400 Ansett, 2 0 7 11 —2d 100 A.W.A. 1 4 6 +6d 220 Bg. Harris, A 1 3 0 +6d 1100 Clyde Ind., 2 0 16 9 +5d 6 C.SJt. 57 0 0 + 10/. 500 Cox Bros. .. 0 6 3 N.C. 100 Far.-Waimak, 200 c.d.* 0 19 0 +3/Fletcher* 1 18 0 N.C. 200 Fletcher 1 18 0 N.C. 600 Nat. Consl., 2 1 4 6 +6d 200 N.Z.F. Fert. 1 16 3 N.C. 150 Norvic* 0 18 0 N.C. 200 R. Murray 0 10 5 —Id

Buyers. Sellers. £ s. d. £ s. d. N.Z. GOVT.— 3 p.c, 15/11/57-60 99 0 0 3 p.C.. 15/4/60-62 97 12 6 •— 3 pc.. 15/4/60-63 96 0 0 —— 3 p.C., 15/7/61-63 94 12 6 — 3 p.c, 15/7/62-64 92 10 0 —— 3 p.C.. 15/7/63-65 92 10 0 — 31 p.c., 15/9/57-60 98 10 0 3J p.c., 15/5/62 .. 99 2 6 —- 3J p.c.. 15/9/69 .. 91 0 0 — 32 p c.. 15/9/74 .. 39 0 0 —— 4 p.c.. 15/8/65-66 95 5 0 4J p.c.. 15/6/61 .. 101 0 0 —- 42 p.c, 15/8/62-63 100 12 6 — 42 p.c, 15/7/63-64 100 12 6 —— 42 P-C, 15/8/67-69 99 10 0 —— 42 P-C, 15/7/68-70 99 10 0 —• BANKS— A., N.Z. 2 9 0 "B" 2 10 0 ■ ■ Comm, of Aust. 0 19 0 0 19 6 Pref — 6 0 0 E.S. and A. 1 12 9 —> Nat. of A’asia, £1 — 1 15 6 Nat. Of N.Z. .. 1 13 0_ - N.S.W 35 15 0 36 0 0 Sydney .. 35 15 0 BREWERIES— Ballins, ord. — 1 18 0 Pref. — 0 19 0 Dominion 3 7 6 3 9 0 New Zealand 2 3 0 2 4 6 Westland —• 1 13 0 frozen meat— Canterbury 25 15 0 26 5 0 Pref 5 10 0 Gear 13 0 N.Z. Refrigerating 1 14 6 1 15 0 Nth. Canty, pt. 0 19 6 Southland —— 3 7 6 Waitaki 2 6 6 — GAS— Christchurch 0 13 6 0 19 0 Cont. .. — 0 14 6 INSURANCE— F.A.M.E. 1 9 9 •— National 1 11 0 New Zealand — 3 15 6 South British .. 4 6 6 — Standard 1 6 6 —— LOAN AND AGENCY — CFC.A, ord. o 11 6 —- 51 p.c, 21/4/61 91“ 10 0 — Credit and Fin. 1 7 9 — Dalgety, c.d. 2 3 9 2 5 0 London 2 3 9 2 5 0 Newton King 0 17 0 — Mutual Benefit . 1 0 0 Nat Mort, “A” 0 8 4 0 8 6 “B” .. 0 8 6 0 8 9 N.Z.F. Co-op., x.d. 0 16 9 1st pref, x.d, .. —■ 0 19 6 "A" pref, x.d. 0 16 3 0 16 9 "B” pref, x.d. 0 16 3 — 52 p c, Stk, '70 93 5 0 —“ N. Auck. Farmers 1 7 0 — Permanent Invest. 11 0 0 •— Wright, Steph, c.d. • • ' 2 4 0 2 6 0 Pref, c.d. 0 19 0 — Convert. Debs. 1 11 3 — SHIPPING— P. and O. 1 18 9 2 fl 0 Union, pref. 1 0 6 — TIMBER— Rotoiti 1 0 0 Taupo Totara 2 10 WOOL. TEXTILES Bonds 0 19 3 Bruce z I © Feltex 1 14 0 Feltex, N.Z. 2 8 0 Holeproof. pref. 0 17 6 Lane. Walker, Ind. 2 6 0 2 7 0 Pref. .. 0 19 3 Manawatu 2 5 0

Buyers. Sellers £ a. d. £ s. d. Wool, Textiles (Contd.) Oampru 2 6 0 mar Tekau 1 12 6 Timaru 1 6 6 —- MISCELLANEOUS— Airwork 1 2 0 ■ -■a Pref am 0 18 6 Ansett 0 7 10 0 8 0 Alloy Steel, N.Z. 1 15 0 2 0 0 Amal. Batt. 1 16 6 —— Ampol —— 1 2 0 New 1 1 9 Andersens. 1st pf. — 0 19 0 And. and Beaven 1 7 3 Pref 0 18 3 —— Apex Ice, c.d. .. 3 2 6 Anthony Hordern 1 13 0 — Aulsebrooks, pref. 0 18 3 0 19 0 Alex. Harvey .. — 1 7 3 Aust. C.I. 3 8 0 — A.W.A. — 1 4 6 Ballins Hotels 0 15 0 —- A. E. Goodwin .. 0 9 0 —— Chem. Material — 1 11 0 Begg and t o * 4 11 0 Bing Harris, "A” 1 3 0 — Brit. Tobacco 1 14 3 1 15 0 Brambles 1 6 0 1 8 0 Broken HUI Pty. —. 2 19 6 Buntings 1 14 0 1 18 0 Brother Sewing 0 7 9 — Claude Neon, N.Z. — 3 2 0 Clyde Industries 0 16 8 0 17 0 Colonial Sugar, Sydney 57 0 0 57 5 0 Bycrofts 2 5 0 — Consol. Brick 1 3 6 —- Clyde Eng., pref. 0 16 0 — Coulls Somerville 2 10 6 2 13 0 Dental and Med. 2 16 6 2 18 6 Cox Bros. 0 6 4 0 6 6 Cyclone Fence .. 1 10 6 — Pref, .. — 0 19 6 David Jones 0 16 0 — Dorn. Fertiliser .. 1 16 0 —— Donaghy’s Rope — 2 10 0 D.I.C., pref. .-. 0 19 3 Drug Houses 2 0 0 Dunlop Rubber, pref., C.d. 1 7 0 — Dunlop, N.Z. 1 7 0 —— Pref .. 0 15 6 — Email — 0 9 8 E.Z 0 17.3 0 17 9 Farmers’ Trading 2 13 0 — Farrier • Waimak, x.d. 0 17 6 0 19 0 Fletcher Holdings 1 18 0 1 18 6 "C" pref. 0 18 6 — Convert. Debs. 1 10 0 —— Giant 0 14 6 —- G. J. Coles 0 14 9 0 14 10 Gordon and Gotch 0 17 9 — Hallenstein Bros. 1 19 6 —— Bonds Ind., 6 p.c., first pref. 0 16 0 0 17 6 Hay’s. Ltd. 1 5 9 — H. C. Sleigh 0 18 1 —— Holm Eng. —- 0 17 0 Humes. N.Z.. pf.. x.d. 0 18 0 — H. G. Palmer 0 10 3 —— J. Gadsden 1 18 O —— Pref. 1 0 6 J. J. Niven 2 3 0 — J Mercei Ind., pf. 1 1 0 —— J. Wattie Can. 1 11 6 — K.P Drugs 4 9 0 4 10 0 Leyland 0 8 6 am M.C.P 0 5 4 0 5 6 Metters 0 17 6 mm Mas., Struthers .. 13 9 —- Us paid — 0 16 6 10s paid —- 0 12 6 McKenzies — 0 19 0 Midland Mot., pf. 0 19 0 .— Milb. Lime, x.d. 19 6 1 10 6

Buyers £ s. d Sellers £ s d Miscellaneous (Uonld.) M.K Manufac — 0 10 0 Natl. Consol. 1 4 3 —— Natl. Electric 6 15 0 7 5 0 N.Z C<-ment —• 1 0 9 N.Z. Express 0 18 0 —- N.Z.F. Fert. 1 16 0 —— N.Z. Forest Prod. 1 9 6 —— Pref 1 0 0 N.Z. Indust. Gas 2 4 3 — N.Z. Newspapers 2 6 0 2 9 0 N«orvic Shoes 0 17 9 0 19 0 Otago Dly. Times 2 16 0 2 19 0 Olympic 0 7 11 —— Quill Morris — 1 1 0 R. and E. Tingey — 0 8 9 Reid Murray 0 10 5 0 10 6 Reichholds 1 12 0 Ross and Glend. 1 6 7 1 7 0 Repco 0 12 9 0 13 3 Sharland 2 15 0 — Simeson and Williams . .. 2 14 9 —— Skellerup, pref. 0 18 0 — Toppa 0 4 9 — Tasman 1 6 0 1 6 6 Taubmans 0 9 7 —— Tip Top Ice 0 15 6 0 15 9 Transport (Nelson) — 0 7 6 Turnbull & Jones, x.d. 2 6 6 — Vibrapac Blocks 1 12 6 - Vibrapac (Otago) — 1 0 0 Waltons, c.d. — 0 13 11 United E. Box 1 19 0 2 0 0 Weeks, pref. — 0 19 0 Whakatane. ord. 1 13 9 — Whit, and Tombs 1 15 0 —— Wm. Cable Hdgs. — 1 5 0 Will. Jeffery, pf. 0 18 7 — Wilson’s Cement 0 13 4 —— Woolworths, ord. 0 15 0 0 15 3 (N.Z.). ord. .. 0 17 9 0 17 10 (N.Z), pf. 1 7 6 —— (N.Z.) Pp.. pf. 0 18 6 —- MINING— Mt. Lyell 1 8 3 1 9 3 Mt. Morgan 0 17 0 — UNLISTED STOCKS Chch. Press 13 0 0 Farrier • Waimak, pref. — 1 0 6 Fin. and Dis., ord. 1 4 6 Kaiapoi Woollen. c.d. 19 3 1 10 6 pref., c.d. 1 2 6 — M O’Brien 1 10 0 2 0 0 Matea Forests 0 4 0 —— Mt. Cook Tours 0 5 0 0 8 10 N.Z. Motor Bodies 1 13 0 —— N.Z. Woolpacks .. 0 5 0 R. W. Hellaby .. —— 3 10 Reece. E., ord. .. 0 6 S ** Regent Theatre .. 1 2 6 — Scales . 0 11 9 Sthland Ice. rt». 0 5 0 —— Tudor Hosiery .. *' ■ 0 16 0 Zealand!* Soap .. 0 9 0 0 9 6