COMMERCIAL Wellington Wool Rise Sharply On ’Change

Press, Volume XCIX, Issue 29270, 30 July 1960, Page 16

COMMERCIAL Wellington Wool Rise Sharply On ’Change

Brisk trading closed the week on the Christchurch Stock Exchange yesterday. Wellington Woollen rose 2s 3d above Thursday’s price in Auckland to sell at 39s 6d, the highest point this year. Boosting yesterday’s turnover was a sale of 3533 Union Steam preference at an unchanged 21s. N.Z. Breweries further improved in five sales to sell 6d higher at 16s 6d. Tasman (29s 6d) and Mason Struthers 14s paid (18s) both also firmed 6d, while Andrews and Beaven, M.K. Manufacturers, one

sale of Ross and Glendining and Woolworths sold 3d up.

South British Insurance, Kauri Timber and Ansett sold 3d easier.

N.Z. SHARE TRANSACTIONS

CHRISTCHURCH

AUCKLAND Sales.—Late Thursday: 11 Bank N.S.W., £35 ss; 1475 N.Z. Brew., 16s fid; 150 South British, 55s 3d; 500 Newton King, 19s 3d; 100 Putaruru, 17s; 500 Ansett, 6s 6d; 300 Carter Consold., 43s 6d; 100 Cohsold. Brick, 28s 6d; 200 Dom. Fert., 50s; 375 Fletcher, rts„ 3s 3d; 150 N.Z. Forest Prods., 41s 6d; 140 N.Z. Newspapers, 665; 50 United Empire Box, 545; 300 Waltons, 12s 3d; 100 Woolworths props, pref., 16s 6d. Sales.—Yesterday: £3OO ’59-61, 3 per cent., £99 10s; £2OO Auck. C.C., ’64, 4J per cent., £9B Is; £3OO Auck. Drain. Brd., '64, 5 per cent., £lOO 3s; 300 C.8.A., 16s sd; 100 Nat. Bank Aust., 30s; 5600 N.Z. Brew., 16s 6d; 1000 South British, 55s 3d; 500 Farm*. Co-op. Auct. B pref., 225; 300 Wright Steph., 51s 9d; 200 Alliance Tex., 15s 3d; 150 Bruce, 525; 100 Feltex, Aust., 445; 100 Tekau Knitwear, 39s 6d; 200 A. E. Goodwin, 11s Id and 400 at Ils; 200 Aluminium Co. N.Z., 265; 200 A.C.1., 71s 6d; 100 Ballins Ind., 14s 3d; 100 Bing Harris A, ss, 8s 6d; 200 B. L. Hart, 435; 4 Col. Sugar, Syd., £7l ss; 300 Consold. Brick, 28s 6d; 200 Farmers Trading, 80s 6d; -2000 Fletchers, 42s 6d; 324 rts., 3s 3d, and 207 at 3s 4d; 100 George Courts, 28s 6d; 300 Ivon Watkins, 14s; 100 J. Yock, 655, and 100 at 65s 6d; 100 McKendrick, cont., 5s 2d; 100 McKenzies, 19s 6d; 500 M.K. Manuf., 9s 6d; 300 Motor Specs., 15s 3d; 450 Farmers Fert., 425, and 150 B, 41s; 1200 R. and G., 27s 9d; 100 Silknit 33s 6d; 100 Tasman, 29s 3d; 200 Taubmans, Aust., 8s lOd; 940 Waltons, 12s 3d; 300 William Cable, 26s 6d; 200 Woolworths, Syd., 15s Id. WELLINGTON Sales.—Late Thursday: £7OO 3 p.c., ’59-61, £99 10s; 500 N.Z. Brew., 16s 6d and 200 at 16s 7d; 200 Tui Brew., 245; 200 Sth. British B, 54s 6d; 800 Lombard (N.Z.), 14s; 200 Newton King ss, 9s 3d; 200 Felt Tex. Aust., 43s 9d; 200 Ampol 1963 notes, 14s 3d; 5 Col. Sugar, £7l 17s 6d; 400 Denhard, pf., 335; 334 Fletcher rts., 3s 3d and 119 at 3s Id; 200 H. C. Sleigh, 15s 6d; 100 Pioneer Concrete, 18s 9d; 100 Reichhold. 38s 6d; 1000 Turnbull and Jones, rts., 3s 9d; 300 United Empire Box, 545; 600 Waltons, 12s 3d; 1000 Woolworths, Syd., 15s; 2000 W. R. Carpenter, 265. Sales. —Yesterday: 510 3 p.c. ’62-64, £94 7s 6d; 1000 3 p.c., ’63-65, £93 ss; 700 33,4 p.c. '62, £99; 200 4»/ a p.c., ’62, £lOO 15s; 3100 Auck. Trans. Brd., 4 p.c. ’63, £99 Is 3d; 3532 N.Z. Brew., 16s 6d; 50 Nat. Insce., 45s 6d; 150 Sth. British, 55s 3d; 230 Nat. Mortg. B, 9s lOd; 300 Newton King ss, 9s 3d, and 200 notes 15s pd., 21s 9d; 50 Wright Stephenson, 51s 6d, and 100 at 51s 9d; 300 Bonds, 19s 3d; 300 Felt., Aust., 43s 9d; 100 Holeproof, pf., 18s 6d; 50 Mosgiel Woollen, 66s 6d; 100 Tekau, 39s 6d; 500 Ballins Ind., 14s 3d; 5 Col. Sugar, £7l 15s; 100 Con. Brick, 28s 6d; 1100 Fletcher, 42s 6d, 448 rts., 3s 3d, 25 at 3s 4d, and 100 at 3s sd; 200 Hays, 37s 9d; 100 H. G. Palmer, 16s; 100 Henry Berry, 365; 100 Ivon Watkins, 14s 3d; 150 Nat. Elec., £9; 100 R. and E. Tingey, 10s 3d; 200 Ross Glend., 27s 6d; 500 Turnbull, Jones, rts., 3s 9d; 100 U.E. Box, 55s 6d; 700 Waltons, 12s 3d;

100 Whakatane .Board, 47s 6d; 600 William Cable, 26s 6d; 400 Woolworths, Syd., 15s, 550 notes, 12s Bd, and 134 at 12s 9d. DUNEDIN • Sales.—Yesterday: 500 Comm. Bank. 16s sd; 200 N.Z. Brew., 16s 6d: 100 N.Z. Insce.. 64s 6d; TOO South British. 55s 3d; 230 Nat. Mortg. B, 9s lOd; 50 Wright Steph., 51s 9d; 100 Alliance, 15s 3d; 50 Mosgiel. 66s 6d; 2 Col. Sugar, £72; 100 C.S.W., 76s 6d; 500 Cox Bros., 8s lOd; 200 D.1.C., 235; 100 Donaghy’s, rts.. 16s; 100 Fletcher, rts., 3s 3d; 200 Hays, 37s 9d: 500 Kauri Timber, 18s 9d; 500 M.C.P.. 5s 9d; 50 Nat. Elec.. £9: 250 N.Z. For. Prod., 41s 6d; 140 N.Z. Newspapers, 665; 150 N.Z. Paper Mills, 655: 100 Tasman, 29s 9d; 300 Transport (Nel.), 8s 3d; 100 Will. Jeff., 425; 100 Wilson Malt, 23s 4d; 300 Woolworths, 15s. and 650 notes. 12s Bd. Unofficial: 500 Evening Star B. 325. INVERCARGILL Sales.—Yesterday: 286 N.Z. Refrig., 41s; 200 H. C. Sleigh, 15s 6d,

OVERSEAS EXCHANGES SYDNEY The leaders were steady, the market, was firm and trading was active on the Sydney Stock Exchange yesterday. Key industrials, textiles and uraniums were all steady. Commonwealth Loans and oils were also firm while the metals were weaker. Sales.—Com. of Aust., 19s 3d; Com. of Syd., £23; Nat., 12s 6d pd., 225; Nat., 20s pd., 35s 3d; Bank N.S.W., £39; Tooheys, 365; Tooths, 72s 9d; A.G. Corp., 14s; Lombard, Ils 2d; Aust. Cons. Press, 28s 6d; J. Fairfax, 275; A. E. Goodwin, 13s; A. Hordern, 43s 9d; Blue Metal, 24s 4%d; Brambles, 30s 6d; Carapark, 10s 6d; N.Z. Forest, 50s 6d; Pye Inds., 48s; Ampol Pet., 19s l»/ 2 d; A.W.A., 28s 6d; A.C.1., 85s; Brit. Tob., 43s 3d; BJH.P., 89s; B. Philp, 965; Clyde Inds., 19s; C.S.R., £B3; D. Jones, 21s 3d; Drug H., 67s 9d; Dunlop, 51s; E.Z. Inds., 21s; Email, 12s 3d; Feltex, 50s 3d; G. J. Coles, 19s l*/ a d; Goldsbrough, 32s 6d; H. Jones, 77s 6d; 1.C.1., 84s; L. J. Hooker, 16s; Moulded Prod., 20s; R. Murray, 13s 6d; Waltons, 14s; Woolworths, 18s 9d; W. R. Carpenter, 30s 3d; E. L. Emith, 29s 3d; L.N.C. Inds., Ils 9d; R.M. Concrete, 225; Taubmans, 10s 6d; South Brit., 64s 3d; Mount Lyell, 6s 7d; Cons. Zinc, 975; Mount Isa, 67s 6d; N6rth 8.H., 265; South 8.H., 14s 3d; Oil Search, ss; Timor, 4s 6d; Unit. Uran., fis lid; Mount Morgan, 20s; Placer, £5 18s; New Guinea Gold, 2s 4d; Com. Mining, 8s 4d. MELBOURNE Investment shares on the Melbourne Stock Exchange closed this week’s trading firmly along steady lines. Base, metals and the oils held a firm tone. Commonwealth Bonds W Sales.— N.S.W., £39 7s 6d; Commercial Bank, 19s 3d; National Bank, 355; Bradford Cotton, 475; Burns Philp, 955; Ducon, 18s 6d; Kauri. 21s 9d; L. J. Hooker, 16s 6d; Regent Motors. 14s 9d: Riley Dodds, 32s 6d; Toppa, 8s 8d; Ampol, 19s 2d; Ansett, 7s 2d; Assoc. Pulp, 55s 9d, and rights, 24s 6d; A.P.M., 375; A. 85s; A.W.A., 28s 3d; Brit. Tobacco, 435; 8.H.P., 88s 9d; Carlton, 37s 9d; Carrier Air, 225; Clyde, 18s lid; C.S.R., £B3 10s; Courtaulds, 15s 3d; Cox Bros., 9s 8d; Custom Credit, 18s lOd; Dunlop, 51s; Electronic B, 25s sd, and rts., 3s 3d; Email, 12s 4d; E.Z. Indust., 20s 6d; Factors. 10s; Felt and Textiles, 50s; Frigrite, 26s 6d; General Inds., 19s 4d, and rts.. Id; G. J. Coles, 18s 9d; Gordon and Gotch, 21s 6d; H. C. Sleigh, 18s; Henry Jones, 77s 6d: Herald, 45s 7d; Hilton, 13s 9d; Humes, 82s 6d; 1.C.1.A.N.Z., 84s 3d; 1.A.H., 14s 6d; Moulded Products. 19s 6d, and rts., 3s 8d; Myer, 37s 7d: National Consol., 375; N.Z. Forests, 50s 3d; Olympic, 9s 2d; Reid Murray, rts., 7s lid; Repco, 13s 3d; Swan, 13s: Reichhold, 43s lOd; Waltons, 14s’ Id, and rts., 5s 9d; Woolworths, 18s; Mount Lyell, 6s 6d; B.H. South. 14s 3d; New B. 64s 9d: North 8.H.. 25s lid; Mount Morgan. 20s 6d; Mount Isa, 68s; Interstate, 21s 6d; Oil Search, 4s lid; Santos, 12s; Timor, 4s 4d; Commonwealth Mining, 8s Id.

QUOTATIONS IN CHRISTCHURCH

Late Sales Thursday £ s. d. V’arn. 500 Kauri 0 18 9 Sales Yesterday 200 C.B.A., c.d. .. 0 16 5 n.c. 1700 N.Z. Brew. .. 0 16 6 4-6d 200 South Brit. .. 2 15 3 —3d 3533 U. Steam, pf. 1 1 0 n.c. 100 Wgtn. Wool. 1 19 6 4-2d 100 And., Beav. .. 1 13 3 4-3d 500 Ansett 0 6 6 —3d 520 Ballins Hotels 1 18 0 n.c. 163 Ballins Hotels, new 1 17 6 300 Electronic B 1 1 3 238 Fletbhers, rts. 0 3 4 4-2d 500 M.C.P. 0 5 9 n.c. 200 Mason, Struth., » 14s pd. 0 18 0 4-6d 500 M.K. Mfrs. .. 0 9 6 4-3d 200 Quill Morris 1 4 0 n.c. 200 Tingeys, x.d. 0 ib 3 n.c. 200 R. and G. .. 1 'j 6 n.c. 200 R. and G. 1 'j 9 4-3d 200 Tasman 1 9 6 4-6d 180 Turn., Jones, rts. 0 4 3 300 W’worths. 0 15 0 4-3d 100 Comm. Mining 0 8 0 —

BANKS— Buyers £ s. d. Sellers £ s. d Comm, of Aust. 0 16 4 0 16 5 Natl. oi Asia. £1 1 9 9 1 10 0 12s 6d 0 18 9 0 19 0 N.S.W. 35 5 0 Sydney 35 5 0 BREWERIES— Tui 13 6 14 3 New Zealand 0 16 6 0 16 9 HOZlft MEAT— Canterbury 26 0 0 —— N.Z. Refrig. 2 0 6 —— GAS— Auckland •. — 0 7 0 Christchurch. 0 18 6 0 18 9 Cont. 0 12 9 0 13 0 INSURANCE— National 2 4 0 New Zealand, c.d. 3 5 0 3 6 0 “B” 3 5 0 South British .. 2 15 0 Standard 1 19 0 — LOAN AND AGENCY— C.F.CA ord. 3 12 0 __ Chch. Bldg. 18 6 —. Credit and Fin. .. 18 0 N.Z.F. Co-op. 13 0 — Dalgety 2 2 6 2 3 6 Invincible Bldg. 4 9 0 __ Golds., Mort. .. 17 3 Lombard, N.Z. .. 0 16 0 Nat Mort A" 0 9 9 “B” 0 9 10 Newton King, bonus 0 9 C N.Z L. and Met. 1 18 0 Perm. Invest. 12 10 0 Wright. Steph. .. 2 11 3 New 2 10 0 —— Convert Debs. 1 16 9 SHIPPING— Hud. Parker 0 15 9 0 16 0 P. and O. 1 17 0 1 18 0 TIMHERKauri 0 18 6 0 19 0 WOOL, TEXTILES— Bonds 0 18 11 0 19 0 Bruce 2 W 0 Feltex 2 3 0 —— N.Z 3 13 0 — Lane. Walker Ind. 0 17 0 0 17 3 Manawatu 2 13 6 — Mosgiel 3 5 6 3 7 0 Tekau 1 18 9 2 0 0 Wellington 1 19 3 2 0 0 Alliance ■.. 0 15 6 -ltb< LLANEOUS— A. E. Goodwin 0 11 0 0 11 5 Alloy Steel, N.Z. 2 8 0 AmaL Batt. 2 10 0 AM.l 0 9 9 Ampol 0 16 8 0 17 0 '67 Notes 0 12 6 0 13 3 Andrews and Beaven 1 13 0 1 13 6 A JJ.I. 0 6 6 0 6 9 Ansett 0 6 7 Ashby. Bergh .. 2 13 0 2 15 0 Apex Ice 3 0 0 Aust. CJ. 3 11 6 — A. S. Paterson 1 11 0 — A.W.A. .. 14 0 14 9 Ballins Hotels .. 1 18 0 — Ballins Ind. 0 14 2 0 14 6 Beaths, Is. paid 0 12 0 —» Beath and Co. .. 2 10 Berlei United —— 2 15 0 Berlei Ind., c.d. 3 10 Bing Harris “A — 0 8 9 Brambles . - 15 6 18 0 British Tob. 1 16 6 1 17 0 Broken Hill Pty. 3 16 0 3 17 0 Brother Sewing 0 19 0 —

Buyers. Sellers. dE S. <1. Miscellaneous (Contd > £ s. d. Bycrofts 2 15 0 Buntings 1 19 3 Burns, Philp 4 10 4 2 0 Carapark 0 9 6 Clyde Industries 0 16 5 0 17 0 Col. Sugar, Syd 72 0 0 Clyde Eng. 18 0 Consol. Brick . 17 6 Coulls, Som. . 3 11 0 Courtaulds 0 13 0 0 14 0 Cox Bros. 0 8 8 0 8 9 Cyclone Fence . 1 15 9 1 16 0 Debs O 0 u Dom. Fertiliser . 2 8 6 Donaghy’s Rop 2 14 0 Rights — 0 16 0 D.I.C. 13 0 Drug Houses 2 18 0 Dunlop, N.Z. . 1 18 0 Electronic, “B” . 113 116 Email 0 10 11 0 11 0 Fabers’ Fum 1 8 9 Fletchers, rts. . 0 3 4 0 3 6 Fletcher Holdings 2 2 0 Frozen Prods. . - 0 6 9 General Food 0 18 0 G. J. Coles, c.c 0 16 6 0 16 8 Golden Bay 0 10 9 Gordon, Gotch 0 18 3 0 19 0 Greater Crysta 1 10 0 Griffin and Sons x.d. _ 12 6 Harley Cham 1 4 0 Hallenstein Bros 2 12 6 Hay’s, Ltd 1 17 9 52 p.c. Notes . 0 16 3 —— H. C. Sleigh . 0 15 3 Henry Berry 1 17 0 H. . G. Palmer . 0 15 6 0 16 0 H. J. Kearns . 0 12 6 0 15. 0 J Gadsden 2 10 0 John Chamber. 1 12 0 J. ‘ J. Niven, c.d 2 14 0 __ J. Wattie Cann 1 19 0 __ K.P. Drugs 6 0 0 6 10 0 L. J. Hooker __ 0 15 9 L.N.C. Industries 0 10 4 0 10 6 Leyland 0 8 6 M.C.P. .. 0 6 0 Mason, Struthers 14s paid 0 18 0 0 19 0 McKendrick 0 8 1 McSkimming 1 17 6 1 18 6 McKenzies —— 0 19 6 52 p.c. Notes . —_ 1 12 6 McLeod 2 4 6 Metters 13 0 Wilburn Lime 2 3 0 M.K. Manfrs. . 0.9 3 0 10 3 Morts Dock 10 6 Moulded Prods 0 16 0 National Electric 8 15 0 9 0 0 N.Z. For. Prods c.d. 2 10 N.Z. Newspapers 3 5 9 — N.Z. Pack. Corp. 17 6 N.Z. Paper Mills 3 2 6 __ Northern Rollej 1 19 11 2 10 Norvic Shoes 10 6 Otago Dailv 1 16 3 —— 1 16 3 __ Quill Morris 14 0 14 3 R. and E. Tinges 0 10 0 0» 10 3 Reid Murray 0 11 10 0 12 3 Repco 0 U 3 0 11 9 Ross* ano Glendln ing 17 6 17 9 Sharland 3 18 0 — Simpson and Will 3 2 6 — Southland Cemen — 0 7 6 Tasman 19 0 1 9 6 Taubmans 0 9 0 0 9 6 Transport (Nel.) 0 8 4 0 8 9