COMMERCIAL Prices Firm In Active Sharemarket

Press, Volume XCIX, Issue 29228, 11 June 1960, Page 16

COMMERCIAL Prices Firm In Active Sharemarket

Prices were again very firm on the Christchurch Stock Exchange yesterday. Turnover rose above Thursday’s figure, but fell well short of the record total recorded on Wednesday.

New Zealand Motor Bodies rose sharply to sell at 50s 6d, Is 6d up on last week’s price. K.P.N.Z. Drugs also made a good gain to sell at £5 10s. Smaller rises were shown by Standard Insurance, National Mortgage B, Australian Motor Industries, 11. C. Sleigh rights, Reichhold, Waltons, Whitcombe and Tombs, Woolworths and Woolworths (N.Z.).

Ballins Industries and N.Z. Forest Products sold at lower prices.

N.Z. SHARE TRANSACTIONS

Sales.—Late Thursday: 100 N.Z. Breweries, 74s 3d, and 150 at 745; 500 Northern Steam, Ils 3d; 600 8.H.P., 755; 500 G. J. Coles. 16s 4d; 200 K.D.V. Ind., 18s 3d; 1000 McKendrick, rts., Is 6d; 100 Milne and Choyce. 61s; 50 N.E. Box, 545; 200 Waihi Invest., 6s 6d. Unlisted; 50 Hellabys, 1959 issue, 565; 200 Ivon Watkins, 50s. Sales.—Yesterday: 1050 ’64-66, 3 pc., £9l ss; 1000 N.Z. Forest Prods., '63-68. 4j p.c., £95; 800 Tasman, 31/3/65, 5 p.c., £9B ss; 108 C.8.A., 16s 9d; 65 Bank N.S.W., £35 ss; 100 Dom. Brew., 86s; 100 N.Z. Brew., 745; 150 Auckland Gas, 7s; 525 N.Z. Ins., 665, and 100 B, 65s 3d; 1050 South British, 55s 9d, 50 at 565, and 200 B. 55s 3d; 400 Newton King, 20s; 1000 Huddart Parker, 15s 3d; 300 Northern Steam, Ils 3d; 100 Ballins Indust.. 14s 3d; 550 8.H.P., 75s 3d, and 600 at 75s 6d; 400 Bing Harris A. 30s; 10 C.S.R., £72 12s 6d; 100 Consol. Brick. 28s 6d; 400 Carapark. Ils 6d. and 230 notes, 9s; 100 Farmers’ Trading, C pref., 20s 6d; 300 Fletchers, 475, and 100 C pref., 18s 9d; 1300 General Foods, 16s lid; 400 H. C. Sleigh, 15s 6d, and 181 at 7s: 200 Humes Indust.. N.Z., pref., 18s 9d; 1500 McKendrick, rts.. Is 6d; 350 Maple, 51s; 100 Metters, 235: 250 N.Z. Farmers’ Fertiliser, 40s, and 250 B. 395; 200 N.Z. Forest Products, 365, and 100 at 35s 9d; 100 N.Z. Newspapers, 70s; 500 N.Z. Refrig., 40s 6d; 500 R. and E. Tingey, 10s 7d; 200 Reichhold, 38s; 250 Reid Rubber, 48s 3d; 100 Tasman, 26s 6d; 50 N.E. Box, 555. 50 at 565. and 100 at 575; 300 Waltons.. 12s 3d. and 158 rts., 5s 2d; 175 William Cable, 29s 6d; 100 Wilsons Cement, 15s sd; 100 Woolworths N.Z., 17s 6d, and 200 rts., 6s 9d; 600 Woolworths. Sydney, 14s 7d; 200 Emperor. 4s 6d; 100 Oil Search, 4s 9d. Unlisted: 100 Hellabys, 575, and 75 1959 issue, 565. WELLINGTON Sales.—Late Thursday: £2500 3 p.c., ’59-61, £9B 15s; £750 4J p.c., June '6l. £lOl 12s 6d; 29 Bank N.S.W., Syd., £35; 400 N.Z. Brew., 745, and 100 at 74s 3d: 125 Stand. Ins., 35s 9d; 200 Lombard, N.Z., 15s 6d; 300 Nat. Mort. B, 9s 9d: 2000 Wright. Steph., 50s; 200 Alliance Text., 15s 3d; 200 A.C.1.. 69s 6d; 100 8.H.P., 74s 9d; 50 Chas. Begg, £5 15s; 7 Col. Sugar, Canberra, £72; 200 Denhard, 325: 500 Frozen Prods., 6s 3d; 500 General Foods, 16s lid; 100 L. J. Hooker, 21s; 6100 McKendrick, rts., Is 6d; 200 M.C.P., 7s; 600 R. and E. Tingey, 10s 3d; 200 Reid Rubber, 48s; 400 Tasman Pulp. 26s 9d; 500 Transport Nelson, 7s 9d; 100 Truth, N.Z., 50s; 300 U.E. Box, 525; 200 Woolworths, N.Z., 17s 6d; 500 Woolworths, Prop., pref., 17s. Sales.—Yesterdav: £llOO 4J p.c., '63-64. £lOl 12s 6d; 300 Ballins Ind., 14s 3d; 100 Dom. Brew.. 86s; 500 N.Z. Breweries. 745: 100 Tui Brewery, 265: 10 C.F.M., £27 7s 6d; 100 N.Z. Refrig., 40s 6d; 100 S’laad F.M., 70s; 250 Nat. Ins.. 42s 9d: 150 South British, 55s 9d; 100 Standard Ins., 365; 100 Lombard, N.Z., 15s 6d; 1000 Nat. Mort. B, 9s 9d; 200 Wright, Steph., 50s: 1050 Huddart Parker. 15s: 400 Alliance Text., 15s 3d; 400 Bonds Hosiery, 18s: 100 Ampol, 16s lOd; 800 And. and Beav., 355; 200 Ansett, 6s 9d; 200 Bing Harris A, 30s; 344 "8.H.P., 75s 6d; 100 Burns, Philp, 80s 3d; 25 Charles Begg, £5 15s; 600

Clyde Eng., rts., 5s 3d; 300 Cox Bros., 8s lOd; 100 Donaghy’s, rts., 16s 6d; 100 Farmers’ Trad., C pref., 10s 6d: 100 Fletcher, C pf„ 18s 9d; 177 Griffin, 20s: 200 H. C. Sleigh, 15s 6d, and 171 rts., 7s; 100 H. G. Palmer, 16s; 200 Humes, N.Z. pref., 18s 9d: 50 J. J. Niven, 53s 6d: 300 John Duthie, 17s; 100 K.P., N.Z-, £5 10s; 100 L.N.C., 10s; 200 McKendrick, rts.. Is 6d; 300 M.C.P., 7s; 300 Forest Products, 35s 9d, and 600 pref., 21s 3d; 3400 R. and G. Tingey, 10s 3d; 400 Reid Murray, 14s lOd; 454 R. and G. 28s; 200 Sanford, 28s; 500 Transport, Nelson, 7s 9d; 100 Whakatane Brd., 465; 400 Wilkins, Davies, pf., 19s; 100 Wilsons Cement, 15s 6d: 400 Woolworths, Syd., 14s 7d; 100 Woolworths, N.Z., 17s 6d, 60 rts., 6s lOd, and 51 at 6s 9d: 600 Woolworths, props, pref., 17s: 500 Woolworths, N.Z. prop, pf., 21s; 100 Mt. Isa, 62s 3d, and—lso at 62s 6d. DUNEDIN Sales.—Yesterday: £5OO 41 p.c., 15/6/61, £lOl 12s 6d; 10 Bank N.S.W., £35, and 9 Syd., £35; 600 Ballins, 14s 3d; 250 Nat. Ins., 42s 9d; 100 Stand. Ins., 355; 200 Wright, Steph., 50s, and 146 new, 48s 6d; 250 Bonds Hosiery, 18s 6d; 200 Alliance, 15s 3d; 200 Ampol Petrol, 16s lid; 700 Ansett, 6s 9d; 100 Amal. Wireless, 24s 8d; 150 8.H.P., 755, and 344 at 75s 6d: 400 Clyde Eng., rts., 5s 3d; 500 E.Z. Ind., 19s 9d; 400 Hay’s, 37s 6d; 1000 H. C. Sleigh. 15s 3d; 50 K.P. N.Z.. £5 8s 6d; 80 N.Z. Paper Mills, 70s 6d: 400 R. and G., 28s; 100 Truth, N.Z., 50s; 500 Waltons, rts., ss. INVERCARGILL Sales.—3so 8.H.P., 74s lid; 100 N.Z. Brew., 745: 500 N.Z. Refrig., 40s 6d; 200 Woolworths, 14s 8d; 50 W.S., ord., 50s.

OVERSEAS EXCHANGES

SYDNEY Leaders were firmer and the market was steady in very brisk trading on the Sydney Stock Exchange yesterday. Commonwealth Loans, oils and uraniums were all firm while key industrials, metals and textiles were irregular. Sales.—Nat., 12s 6d pd„ 22s 3d; Nat., £1 pa.; 3os; Bank N.S.W., £4O 10s; Tooheys, 33s 3d; Tooths. 665; A. G. Corp, 13s lid; Lombard, Ils; N.Z. Ins., 78s 6d; J. Fairfax, £6 2s 6d; A. E. Goodwin. Ils 8d; Blue Metal, 24s IJd; Brambles, 30s; Carapark, 12s 7d; H. G. Palmer, 18s IJd; L.N.C. Ind., Ils sd; R. M. Concrete, 935; Taubmans, 10s lOd; Pye Inds., 425; Yarra Falls, 31s; Ampol Pet., 19s 3d; A. 28s 6d; A.C.1., 81s; Brit. Tob., x.d, 43s 60; 8.H.P., 89s; B. Philp 93s 6d; Clyde Inds., 18s 9d; C.S.R., £B5 10s; D. Jones, 22s 7Jd; Drug H., 625; Dunlop, 50s 6d;E.Z. Inds., 22s 9d: Email. 12s 9d; Feltex, 435; G. J. Coles, 19s 3d; Goldsborough, x/d, 365; H. Jones, 76s 3d; 1.C.1., 83s; L. J. Hooker, 23s 6d; Moulded P., 21S 9d; R. Murray, 16s lOJd; Waltons. 13s 9d; Woolworths, 16s 10id; W. R. Carpt, 30s; Mt. Lyell, 6s 9d; Cons. Zinc, £5 Is; Mt. Isa, 70s 6d; New 8.H., 64s 6d; Nth. 8.H., 29s 6d; Sth. 8.H.,165; Ampol Exp., 10s 3d; Oil Sch., 5s lOd; Timor, 4s 9d; Kath. Inv., 23s 3d; N.A.U.C., 2s 8d; Unit Uren., 8s lid; Mt. Morgan, 19s lid; New Guinea Gold, 2s Bd. MELBOURNE Investment shares on the Melbourne Stock Exchange closed the week on firm lines. A.P.M. gained lid to 37s 5d and Moulded Products notes gained 9d to 20s. Base metals and the oils held a steady trend. Oil Search gained 9d to 6s. Commonwealth Bonds traded along firm lines. Sales.—Commercial Bank, 19s 3d; National Bank, 34s 9d; Brad. Cotton, 46s 6d; Burns Philp, 955; Ducon, 18s; Gerrard, 395; Hud. Parker, 18s; Kauri, 22s sd; L. J. Hooker, 245; Regent Motors, 14s 6d; Toppa, 9s sd; Ampol, 19s Id; Ansett, 7s 2d; Assoc. Pulp, 50s 6d, and rts., 22s lOd! A.P.M., 37s sd; A.C.1., 81s; 8.H.P., 89s; Carlton, 40s; Carrier Air, rts., 7s 7d; Clyde, 18s 9d; C.S.R., £B5; Courtaulds, 13s lid; Cox Bros., 10s; Custom Credit, 17s 2d. rts., Ils; Dunlop, 50s; Electronic B, 23s 3d; Email, 12s 7d; E.Z. Inds., 22s lid; Factors, Ils 8d; Felt Textiles. 43s 6d; General Inds., 21s 9d; G. J. Coles. 18s lid; Gordon Gotch. 21s 3d; H. C. Sleigh, 17s 3d, and rts., 8s 6d; Henry Jones, 79s 3d; Herald, 45s Id; Hilton, 18s 7d; Humes, 795; I.C.IjA JN.Z., 83s; 1.A.H., 14s lid; Moulded Products, 225; Myer, 36s 3d; National Consol, 335; Olympic. 9s 8d; Reid Murray. 17s: Repco, 13s id; Swan, 13s Id; Waltons, 13s 7d, and rts., 5s 4d; Woolworths, 16s lid; B. South, 15s lid; New 8.H., 655; North 8.H., 29s 4d; Mt. Morgan, 9s 6d; Mt. Isa, 17s 9d; Interstate Oil, 22s 6d; Oil Search, 6s; Santos, 12s; Timor, 4s 7d; Cwlth. Mining, 9s lOd.

QUOTATIONS IN CHRISTCHURCH

CHRISTCHURCH 3000 £ s. d. Late Sales Thursday Nat. Mort. B 0 9 9 Var’n +2d 250 N.Z. Mot. B. 2 10 6 +1/6 <2700 Sales Yesterday N.Z. Govt., 3 p.c., 63-65 .. 93 5 0 100 Skellerup, pf. 0 18 9 n.c. 200 Waihi 0 6 6 150 Stand. Ins. .. 1 15 3 +3d 50 Wright, Step. 2 10 0 n.c. 500 And. Beav. 1 15 0 n.c. 200 A.M.I. 0 11 3 +ld 200 Ansett 0 6 9 n.c. 400 Ballins, c.d. 0 14 1 —2d 50 Begg 5 15 0 n.c. 200 B. Harris A 1 10 0 n.c. 5 C.S.R. 72 7 6 +2/6 100 E.Z. Ind. 0 19 8 —Id 300 Fr. Prod 0 6 3 n.c. 167 H. C. Sleigh, rts. 0 7 0 +2d 50 K.P. Drugs .. 5 10 0 +5/100 L.N.C. Ind. 0 10 0 n.c. 400 For. Prod. .. 1 16 3 —6d 200 N.Z. Motor Bod. 2 10 6 + 1/6 200 Reichhold 1 18 0 +1/2000 Tingey 0 10 3 n.c. 400 V’pac., Wgtn. 0 15 3 n.c. 100 Waltons 0 12 1 -t-ld 100 Waltons 0 12 1 + ld 100 Whit. Tombs 2 16 0 +6d W'wth. 0 14 8 +ld 100 W’wth. N.Z. 0 17 6 +3d 60 W'wth.', N.Z., rts. 0 6 10 n.c. AUCKLAND

Buyers. Sellers. £ s. d. £ s. d. BANKS— A N.Z., x.d. 2 5 0 2 5 9 Comm, of Aust. 0 17 0 —— E., S. and A. 1 13 0 —— Nat. ot A'sia, £1 — 1 10 6 12s 6d 0 19 0 — Nat. of N.Z. 1 17 0 — NSW. 35 5 0 — Sydney 35 5 0 35 10 0 BREWERIES— Dominion 4 5 0 —— Tui .. 1 5 6 — New Zealand, c.d. 3 14 0 3 15 0 Tooths 14 6 18 0 FROZEN MEAT— Gear 1 10 0 —— N.Z. Refrig. 1 19 9 2 0 3 Waitaki 3 10 0 GAS— Auckland, c.d. .. — 0 7 9 Christchurch 0 18 9 —— Wellington — 13 3 INSURANCE— National — 2 3 0 New Zealand 3 6 0 3 6 6 South British 2 15 6 — Standard — 1 15 6 LOAN & AGENCY— C.FC.A., ord. 3 6 6 Credit and Fin. 16 0 — N.Z. Farm. Co-op. 1 2 10 —— Dalgety 2 1 6 — Golds., Mort., x.d. 1 11 3 Nat. Mort. “A” .. 0 9 4 — "B” 0 9 9 0 10 0 New. King, bonus —— 0 10 0 Lombard. N.Z. .. 0 14 6 — Wright. Steph. .. 2 9 9 2 10 3 New 2 9 0 Convert. Debs 1 14 6 1 15 0 SHIPPING— Hud. Parker — 0 15 6 P. and O. 2 1 6 2 4 0 TIMBER— Taupo Totara 18 0 WOOL, TEXTILES— Feltex 1 16 0 — N.Z.. c.d. 3 7 6 Lane, Walker Ind. 3 2 0 —— Manawatu 2 15 0 — Wellington 1 14 6 — Alliance —— 0 15 3 MISCELLANEOUS— A. Hordern 1 15 0 MB Alloy Steel. N.Z. 2 4 3 — Amal. Batt. 2 8 0 —— A.M.I 0 11 2 0 11 3 Ampol — 0 17 0 ■67 Notes —— 0 13 6 ’63 Notes — 0 15 0 And. and Beav. 1 14 9 —— A.N.I 0 5 4 Ansett 0 6 6 0 6 10 A. S. Paterson .. 19 0 Apex Ice , .. 3 0 0 Assoc. Pulp 2 2 0 . A.WA. 14 3 Ballins Hotels, c.d 1 15 0 Bailing Ind., c.d. 0 14 1 0 14 3 Berlei United 2 16 0

Buyers. £ s. d. Sellers. £ s. d. MISCELLANEOUS CONTD.Beath and Co. .. 1 17 7 Begg and Co. 5 15 8 5 17 6 Berlei Ind. 2 18 0 — Bing Harris “A” 19 3 1 10 0 Brit. Tob., x.d. — 1 18 6 Brother Sewing 0 15 0 — Broken Hill Pty. 3 15 3 — Blue Metal 10 6 Bycroft 2 10 0 2 15 0 Buntings, c.d. 2 0 0 —» Carapark 0 11 3 —- Claude Neon N.Z. 3 10 3 — Clyde Indus. 0 16 3 0 16 11 Col. Sugar 72 0 0 — Sydney 72 5 0 — Consul Press 1 0 0 Cory Wright 18 0 — Coulls Somer. 3 3 0 Cyclone Debs., 52 per cent. 5 10 0 6 0 0 Cox Bros. 0 8 6 0 9 0 Cyclone Fence 1 15 0 — Dom Fert. 2 5 0 Dental and Med. 3 16 0 Donaghy’s Rope .. 2 13 6 Rts. 0 16 0 0 16 3 D.I.C. 12 6 — Dunlop Rubber 2 2 0 Dunlop, N.Z. 1 19 3 — Email 0 10 11 0 11 6 Evans Atlas 0 16 0 0 17 6 E.Z 0 19 6 0 19 9 Farrier - Waimak 1 0 4 Fletch. Hold., c.d. 2 6 0 Frozen Prod. .. 0 6 2 0 6 4 Giant 0 16 6 G. J. Coles 0 16 3 General Foods 0 16 10 0 16 11 Griffin and Sons 1 0 0 — H J Kearns 0 10 0 — Hay’s. Ltd. 1 17 3 1 18 0 52 p.c. Notes .. 0 17 0 H. C Sleigh 0 15 3 Rights 0 7 0 Henry Berry 1 13 9 —— Huttons 19 0 J Watties Cann. 2 5 0 K.P. Drugs 5 8 6 5 11 0 L. J. Hooker — — 113 L.N.C. Indust. .. 0 10 0 0 10 3 Macky Logan 17 6 — McKendrick. rts. 0 1 6 — M.C J 5 . 0 6 9 0 6 11 Mas. Struthers 18 6 Myers 18 9 McSkimming 1 16 0 — McKenzies — 12 0 5J p.c. Notes .. 1 13 0 — Milne and Choyce 2 19 0 Milbum Lime 2 0 0 - M.K. Mfrs. —— 0 12 0 Metters —— 13 0 Moulded Prods. — 110 Maun Bros — 3 7 0 Natl. Electric 8 0 0 —- N.Z.F. Fert. 1 17 6 — N.Z. Forest Prod. 1 15 9 1 16 6 N.Z. Motor Bodies 1 11 6 N.Z. Ind Gases .. 3 0 0 N.Z. <Pack. Corpn. 1 15 0 —

Buyers £ s. d. Sellers £ s. d. WISCE’ • ANEOHS CON I II — N.Z. Paper Mills 3 10 0 Norvic Shoes 0 19 6 Otago D. Times 1 13 6 —— Quill Morris 14 0 Reichhold 1 18 0 —— Notes — 1 16 6 R. and E. Tlngey 0 10 3 0 10 6 Reid Murray 0 14 6 0 14 10 Reid Rubber, c.d. 2 7 6 Repco — 0 11 6 Ross, and Glend. 17 9 18 6 Southland Cem. 0 7 1 0 7 8 Tasman 16 6 17 0 Taubmans 0 9 2 —_ Transport (Nel.) 0 7 9 0 8 0 Turnbull & Jones 3 5 0 United E. Box .. 2 12 0 Vibrapac Blocks 0 19 9 — Vibrapac (Otago) 12 6 — Vibrapac (Wgtn.) 0 15 2 0 15 3 Waltons 0 12 0 —— Rts. 0 5 0 0 5 1 WeeKs 2 12 6 2 17 6 Whakatane 2 6 0 2 6 6 Whit, and Tombs 2 16 0 Wm. Cable Hdgs. 19 0 1 10 0 W'wths. 0 14 8 0 14 9 (N.Z.) 0 17 6 — Rts. 0 « 9 0 6 10 W. R. Cooke Son — 117 e