Commercial Market Firm But Quiet At Close

Press, Volume XCIX, Issue 29330, 8 October 1960, Page 11

Commercial Market Firm But Quiet At Close

Several good gains were made in trading on a quiet market on the Christchurch Stock Exchange yesterday. .Waitaki Farmers’ Freezing, in first business for many weeks, rose 12s and Colonial Sugar improved further. Christchurch Gas. National Insurance. National Mortgage B. L. D. Nathan. Tasman. Weeks rights and William Cable rights were also firmer. , .Caranark and General Foods showed the dav s biggest losses. New Zealand Brewery rights. New Zealand Insurance. South British Insurance. Ross and Glendining and Waltons were also easier. N.Z. SHARE TRANSACTIONS

CHRISTCHURCH

AUCKLAND Sales.—Late Thursday: 100 N.Z. Insurance. 73s 3d; 400 Am pot, 15s 9d; 200 And. and Beav., notes, 26s 9d. 100 J. Yock, 70s; 200 Tappenden Motors. 26s 6d; 100 Whitcombes, 62s 6d; 50 Mt. Isa, 655; 100 Kaiapoi, 42s 6d. Sales.—Yesterday: £BOO ’59-61, 3 p.c. £99 ss; £670 '6O-63, 3 p.c., £97 15s; £1765. '6l-63, 3 p.c., £97; £2OO *63-64, 42 p.c., £101; £2OO 15/10/65, 43.4 p.c.. £102; 250 A.N.Z. Bank, 445; 5 Bank N.S.W., £34; 150 Dorn. Brew.. 89s 6d; 400 N.Z- Brew., 14s 7d. and 1110 rts. 7s 9d; 100 N.Z. Insurance, 735; 100 South British. s’s 9d. 200 B. 58s 6d. and 200 at 58s 3d; 100 Newton King, 20s 3d; 100 at 20s 6d, and 800 bonus, 9s 9d; 200 Kauri Timber, 20s; 100 Holeproof, pref., 19s. 250 Alex Harvey. 395; 900 Ampol. 15s 9d, and 500 1967 notes. 12s: 200 Aust. Chemicals, 41s; 292 A.C.1.. 76s 3d; 400 A.M.1., 9s 6d; 541 And. and Beav., notes, 26s 9d; 100 Berlei. 70s; 150 8.H.P., 87s £d: 1200 Cox Bros., 9s; 500 Carapark, 8s 9d; 100 Carrier Air. 20s; 200 Clyde Eng., 29s 3d: 500 Courtaulds, 12s; 100 E.Z. Industries, IBs; 100 Farmers Trading, 89s; 1150 Fletchers, 44s 9d: 100 J. Watties, new, 45s 6d; 300 J. Yock, 70s: 800 L. D. Nathan, 31s 3d, and 100 at 31s 6d; 500 McKendricks, 8s 3d: 600 Mason Bros.. 56s 3d; 200 Milne and Choyce, 61s 6d, and 50 at 62s 3d; 100 M.K. Manufacturers. 8s 6d: 600 Motor Specialties. 14s 6d; 300 Nat. Consold., 28s 6d; 1200 Forest Products, 41s: 200 N.Z. Newspapers. 71s 6d; 300 N.Z. Refrig., 45s 9d; 1250 Reid Rubber, 50s; 150 Repco, 12s 6d; 700 Ross and Glend., 27s 6d; 200 United E. Box, 14s; 200 Waltons. Us 3d: 150 Weeks, rts., 7s 6d; 100 Whakatane Bd.. 43s 3d. and 96 rts., 14s 6d; 418 William Cable rts., 3s lOd; 1450 Woolworths. N.Z.. 17s 6d; 200 Woolworths. Syd.. 14s; 100 Comm. Mining, 8s 3d; 500 Emperor, 5s 3d; 100 Winstone. 92s 6d, and 50 at 93s 6d WELLINGTON

Sales.—Late Thursday: 10 Bank N.S.W.. £33 ss; 1415 N.Z. Brew., rts., 7s lOd; 20 C.F.M., pref., £5 15s; 300 Nat. Mort., A, 13s, 200 B, 13s, and 1000 at 13s 3d; 100 Newton King ss. 9s 9d; 100 Wright Stephen., pf.. 20s; 200 Ampol, 15s lOd, and 500 1967 notes, 12s; 200 Bing Harris A, 7s 6d; 100 8.H.P.. 86s 6d; 300 Claude Neon. N.Z.. 74s 6d; 4 C.S.R., £74 ss; 100 General Foods. 17s; 50 K.P. Drug, £5 17s 6d; 200 L. D. Nathan, 31s; 250 N.Z. Forests, 41s; 600 Speedway. 18s 6d; 100 Tappenden, 26s 6d; 100 Vibrapac Blocks, 27s 6d. 50 Whakatane, rts., 14s 9d; 300 Tasman Forests, 20s. Sales.—Yesterday: £9OO 3% p.c.. ’62, £lOO ss; £5OO 3% p.c., ’65, £99 15sl 100 C.8.A., 15s 7d; 200 N.Z. Brew., rts., 14s 8d; 1800 rts, 7s lOd, and 2097 at 7s 9d; 200 Tui Brew.. 275; 300 Nat. Mortg., B, 13s 3d, 600 at 13s 9d. and 200 at 14s; 400 Newton King. 20s; 300 North Auck. Farm, 7s 9d; 400 Wright Steph., 59s 3d. and 150 debs., 435: 500 Alliance Text., 14s 9d; 300 Ampol. 15s lOd, and 500 1967 notes, 12s; 100 And. and 8., 34s 9d, and 541 notes. 26s 9d; 300 A. S. Paterson. 375; 500 Aust. Chem. Hold., 41s; 400 8.H.P., 87s 6d; 200 Clyde Eng., 29s 3d; 100 Clvde Indust.. 15s; 100 Dunlop N.Z., pf., *l6s 6d; 300 E.Z. Indust.. 18s; 350 Farm Trad., 89s; 800 Fletcher, 44s 9d; 1050

G. J. Coles, 14s 6d; 200 Harnish and Jordan. 32s 6d; 100 John Chambers. 335; 100 L. D. Nathan. 31s sd; 250 Mason Bros., 56s 3d; 100 Motor Specs.. 14s Bd. and 682 pref., 21s 9d; 600 N.Z. Motor Bodies, 40s; 200 R. and E. Tingey, 10s 3d; 500 Reid Murray 12s: 100 Ross and G„ 27s 6d; 100 Repco. 27s 6d: 400 Rubber Distrib. 19s 3d; 500 Tasman. 34s 3d and Transport (Nelson), 9s Ud; 200 U.E. Box. 14s; 350 Whaka--43s 3d - and 30 rts - Ms Bd; 50 Whit. Tombs. 625; 100 Wm. Cable. 25s 6d, and 1117 rts., 3s lOd; 1400 Woolworths (Syd.),' 14s 3d; 1800 Woolworths (N.?.1. 17s 6d. DUNEDIN Sales.—Yesterday: 418 N.Z. Brew ,rtj- -X 500 Nz - Brew., rts.,-7s lOd; aO Waitaki Freezing. 87s Bd: 100 N.Z Insurance. 73s 3d; 100 Nat. Mort B. 13s 3d; 100 Nat. Mort. B. Tl 4 Wright Steph.. 59s 6d; 300 i rs ; s - Co - PreL, 21s; 150 A. and J- Bu L t - P ref - 22s 3d: 100 B.H.P, 87s, and 100 at 87s Bd; 13 C.S.R £74100 D.1.C.. 28s; 100 FletcherC pf . I®? 4 2P General Food Corp., 17s; 3“ NZ- Forests. 41s; 400 N.Z. Motor Bodies. 40s; 100 N.Z. Express. 255: 59° Beid Murray, 12s; 200 Ross and Si'- In I?r d: Whakatane Brd., 43s 3d, BO Wm. Cable, rts., 3s lOd. INVERCARGILL M KP ' NZ '

QUOTATIONS IN CHRISTCHURCH

£ s. d. Var’n. Sales Yesterday £455 3 p.c.. 62-64 05 12 6 - 100 Nth. Canty. Sheep., pf. .. 1 0 0 100 Dunlop. N.Z., pf. 0 16 6 n.c. 100 Wfr’tane., pf. 1 3 6 n.c? 150 W'wrths.. S.A. 1 7 6 332 N.Z. Br.. rts. 0 7 9 —3d C.F.M. 28 0 0 n.c. 100 Waitaki F. Fr. 4 10 0 4-12s 400 Chch. Gas. .. 0 18 6 4-Id 100 N.Z. Ins. 3 13 0 150 Nat. Ins. 2 10 0 4-6d 100 Sth. Brit. Ins., c.d. - .. 2 19 0 n.c. 50 Sth. Brit. Ins. 2 18 9 3d 200 Kauri Tim. 1 0 0 n.c. 500 Nat. Mort., B 0 13 4 + 4d 400 Carapark 0 8 9 —1/7 ( Z.S.R. 76 0 0 -4- £ 1 600 D.I.C., c.d. .. 1 8 0 n.c. 200 Coles 0 14 6 n.c. 200 Gen. Foods 0 17 0 —1/6 100 Nathan 1 11 3 4-9d 200 M.C.P. 0 7 3 n.c. W N.Z. Express 1 5 0 —• 100 For. Prods. .. 2 1 0 n.c. 2ou Tingey 0 10 3 n.c. 150 Reid Rub. .. 2 10 0 — 200 R. and G., x.d. 1 7 9 —Id 200 Tasman 1 j 4 0 + 9d 100 Waltons 0 11 4 —Id 1023 Weeks, rts. .. ‘0 7 3 4-3d 350 Wh'tane. 2 3 3 n.c. 60 W. Cable, rts. 0 4 0 4-3d 500 W’wrths. 0 14 3 n.c.

BANKS— Buyers £. s. d. Seilers £ s. d. AN Z 2 0 **B” 2 4 0 Cox.un. of Aust. 0 15 6 0 15 9 E-. S. and A Nat of A'ala. 1 11 0 12s»«d pd. 0 17 0 0 19 0 Nau. * N.Z. 1 18 6 —_ NS W 34 0 0 Sydney 33 0 0 33 10 0 B .4ESTaranaki Dominion, N.Z.. 1 12 0 - rts. 0 7 7 0 7 10 New Zealand 0 14 4 0 14 8 Westland FROZEN MEAT— 1 11 0 Canterbury 27 17 6 28 5 0 Gear 1 16 0 — N.Z. Being. — 2 6 0 Southland 3 18 3 — South Otago 3 8 0 3 18 6 Waitaki GAS— 4 6 0 4 10 0 Chch., cont. .. INSURANCE— 0 12 6 0 13 0 National 2 9 S 2 10 6 New Zealand — 3 3 13 13 0 0 South British 2 18 9 2 19 0 “B” — 2 19 0 Standard — 2 1 3 Queensland LOAN AND 4 3 0 AGENCY— Chch. Bldg., c.d. 1 12 0 Credit and Fin. 1 9 6 — N.Z.F. Co-op. 1 7 3 1 8 6 1 19 9 — Equitable 2 4 0 — c ...us. Mort. 7 5 - Mutual Benefit .. 1 10 — Nat. Mort. A .. 0 12 9 ■ ■ 3 0 13 4 0 14 0 New. King., 5s pd. 0 9 4 — N.Z.L. and Mer. 2 3 0 — Pern. Invest. 12 7 6 — United Bldg. Wright. Stephen1 0 6 1 4 0 son — 2 19 3 SHIPPINGHuddart Parker 0 12 9 — Northern — 0 13 0 P. and O. 1 0 — TIMBER— Kauri 5 19 6 1 0 0 putaruru 1 0 0 Rotoiti — 0 17 0 UOOU TEXTILES— ’ Bonds 1 2 — Bruce 2 17 0 ■ 1 ■ Feltex 2 0 0 2 3 0 N2 S 16 15 Lane Walker Ind. — 0 17 0 Tekau 1 16 0 1 17 6 Wellington 2 0 0 2 0 Alliance M. S • ELIAN EOUS— 0 14 9 Allov Steel. N.Z. 2 7 6 W— A.M.I. 0 9 0 0 15 10 0 16 3 notes 0 12 0 0 12 6

Buyers. Miscellaneous Cont. *’ Sellers. £ s. d. And. and Beaver 1 0 0 14 7 5 6 1 15 0 Ansett * 0 0 7 3 Ashby, Bergh . 17 6 Apex Ice 3 5 Aust. C.I. 3 0 A.W.A. ' * Aust. Chem. ’ 1 2 8 0 1 9 6 Ballins Hotels Bailing Ind. . — 1 18 0 Beath and Co. . Bing Harris “A Brambles 0 ~7 3 0 g 2 0 3 7 6 6 Brit. Tobacco 2 14 7 Notes Broken Hill Pty 7 3 Canty Roller 0 H o Buntings 2 2 Burns Philp Carapark 4 0 1 8 0 6 £Iyde Inds. Colonial Sugar . 75 0 0 Sydney Clyde Eng . 75 1 10 8 0 9 76 10 0 Cory Wright Cox Bros. DJ.C. 1 0 10 8 0 11 1 0 11 9 6 0 Email E.Z., c.d. * 0 18 0 0 0 10 18 6 Evans Atlas 0 18 9 o 19 Farrier - Waimai 0 18 9 o 19 Fletcher Holdings Notes 2 5 0 Frozen Prods. . 0 6 6 Freighters 0 9 2 Giant G. J. Coles General Foods . 0 0 14 16 4 9 0 0 o 18 14 17 9 6 g Greater Crysta 1 16 '0 Griffin and Son 0 19 0 o 19 9 Hallenstein Bros. 2 5 0 Kts. Hay’s Ltd., 5 0 2 6 0 5 0 per cent. Note 1 5 6 H. C. Sleigh 0 16 0 0 16 6 H. G. Palmer 0 14 0 0 15 Humes 3 13 6 I.C.I.. A.N.Z. 3 11 0 J Gadsden 2 16 0 John Chambers . 1 13 J. Wattle Canns 2 5 7 New 2 5 0 K.P. Drugs 5 17 6 L. D. Nathan 1 11 0 1 11 Lismore Eng. 0 17 0 M.C.P. 0 7 3 0 6 Mason Struthen 14s 1 2 K 10s paid 0 15 3 McLeod 2 6 0 Milbum Lime 2 2 0 2 3 0 McKendrick. cont 0 4 9 0 5 3 National Consol 1 8 N.Z. Express 1 4 6 N.Z. Forest Prod 2 j 0 N Z Ind Gases . 4 ~0 0 Northern Rolle __ 3 5 0 Norvie Shoes 1 2 0 Otago Dly. Time 1 17 0 Quill Morris 1 4 • —.

Buyers. £ s. d. Sellers. £ s. d. Miscellaneous Cont. R. and E. Tingey 0 10 3 0 10 6 Reid Murray 0 11 10 0 12 0 Repco 0 12 3 Ross and Glendining 17 9 Rubber Dist. 0 18 9 __ S. and Will. .. 3 5 0 Sthland Cement 0 6 6 0 7 6 Tasman 1 14 9 Taubmans 0 9 0 Transport Nelson 0 10 0 U.E. Box 0 13 9 0 14 0 Vibrapac, Notes 110 Vibrapac Blocks 18 0 Vibrapac (Otago) — 1 3 0 Vibrapac (Wgtn.) 0 19 0 1 1 6 Waltons 0 11 3 0 11 5 Weeks, rights 0 7 1 0 7 6 Whakatane 2 3 6 Rights 0 14 6 0 14 9 Whit, and Tombs — 3 2 3 Wilson’s Malt 1 5. 6 16 0 Wm. Cable Hdgs. 15 3 Rights 0 3 9 0 4 0 Will. Jeffery 2 2 0 Wilson's Cement 0 16 0 0 16 6 Wool worths 0 14 3 0 14 4 6 p.c., Notes .. __ 0 12 2 (N.Z.) 0 17 5 0 17 9 N.Z. GOVT.— 3 p.c., 15/4/60-62 99 0 0 — 3 p.c., 15/4/60-63 99 12 6 — 3 p.c., 15/7/61-63 96 10 0 3 p.c., 15/6/61-64 95 10 0 95 15 0 3 p.c., 15/7/62-64 95 12 6 3 p.c., 15/7/63-65 94 5 0 — 3 p.c., 15/5/64-66 93 10 0 3? p.c., 15/5/62 .. 100 2 6 —— 41 p.c., 15/6/61 .. 101 0 0 — 41 p.c.. 15/7/61 .. 100 15 0 — 41 p.c. k 15/10/62 ... 101 15 0 am 42 p.c., 15/10/65 .. 102 5 0 42 p.c. 15/8/67-69 99 12 6 42 p.c., 15/7/68-70 99 12 6 p.c., 15/7/63 .. 100 0 0 — LOCAL BODIES— Nth Canty. E.P.B., 4 p.c., 22/12/67 — 96 0 0 Dun. City, 4 p.c., 24/6/65 96 10 0 97 5 0 COMPANY— N.Z.F Co-op., 5% p.c. Stk. '70 .. 98 0 0 99 0 0 *75 98 0 0 — Tasman. 5 p.c., ’64 96 15 0 am. 5 p.c., '65 96 10 0 — PREFERENCE— Comm, of Aust. 5 10 0 6 0 0 Nth. Canty. 0 19 6 — “A” pref. 14 9 — “B" pref. 1 4 6 Wright. Steph. 10 0 — Union — 119 L.. W., Rudkin 0 19 3 0 19 9 Airwork ma 0 17 0 Andersons, 1st pf. 0 18 6 ■ And. and Beav. .. 0 19 0 — Aulsebrooks 0 19 3 0 19 9 Ballins Ind .. 0 19 3 «m Cyclone Fence .. 0 19 6 10 6 D.I.C., c.d. 0 19 3 — Dunlop. N.Z. 0 16 3 0 16 9 Henry Berry — 0 19 9 Fletrher Boldings. **B'* pref. 0 19 3 10 0 “C” pref. — 0 19 3 Guthrie Bowron — 0 17 6 Hay’s, Ltd. 0 19 3 0 19 9 Hume Ind.. N.Z. 0 19 3 0 19 9 J. J. McCaskey — 0 15 0 J Mercer Ind. . 110 mm Maling. c.d. 0 16 6 — N.Z T. Fert. 1 0 9 — N.Z. Forest Prod. 113 Lismore Eng. — 0 19 6 Weeks — 0 18 9 Whakatane 13 6 —— Wm. Cable Hldgs. *'B” pref. — 0 19 6 W’wths N.Z. Pp. 110 119 OVERSEAS LISTINGS— W’l worths (South Africa) 17 6 18 6 MINING— Clutha — 0 16 Mt. Isa 3 5 0 Mt. Lyell 0 5 10 0 6 6 UNLISTED STOCKS Buyers Sellers £ s d £ a. d. C.O J». 2 0 0 Canty Seed 17 0 — Carbonic Ice 2 16 0 mm Chch. Press 3 0 0 m_ Fin. and Indem. 0 6 6 0 7 0 Kaiapoi Woollen Lichfield, pref. 2 3 0 0 18 0 Mates Forests 0 5 3 0 6 0 Prudential Bldg. 0 18 6 Reece. E.. ord. 0 7 3 o "i o Regent Theatre 14 6 Restar. pref. .. am 0 17 0 Scales 10 0 Woof and Salveson, pref. Zealandia Soap 0 19 3 110 0 9 3