INDICES

Press, Volume CVI, Issue 31115, 19 July 1966, Page 21

INDICES

Latest Indices are:— Hew York.—Dow Jones: 1965 Rail*. Indust. Sold Dec. 31 257.48 960 26 7.240.000 1966

COMMERCIAL Neeco Pr Lea de rs She •w s treni ith Falls In Moderate Trading Losses incurred by Kaiwharawhara and Insulators, Ltd., facto partly responsible for tl the profit of the N< Leaders were more actively traded and showed strength Engineering Company, as IXew Zealand stock markets continued last week’s firming year to March 31, the di trend at the opening of the week. Rises outnumbered falls by more In addition, the group met than two to one, and the undertone was very steady. non-recurring expenses totalling £13,693 in relation to the New Zealand Breweries at 13s 6d, Fletcher at 19s 6d, General Foods debenture issue and in moving the Auckland warehouse from at 16s 4d and New Zealand Forest Products at 24s 5d each advanced Id. the city to Ellerslie. 6d gains were recorded by Wright Stephenson at 32s, Dunlop at 35s 6d The directors announce the and Golden Bay at 13s 9d. Rothmans rose 9d to 26s 9d in Dunedin sales; Alliance at 9s 8d ex dividend and Tasman at 56s 6d were marked up, 3d each. purchase from Dominion Motors of the Beatty washing machine factory at Kaiwharawhara. The settlement was partly Wellington Publishing lost Is to 20s. Other falls were small. Hay’s in cash and partly by the fell 3d to 18s and Farmers Fertiliser 3d to 37s Falls of Id each were issue of 169,697 5s shares. chalked up by A.B. Consolidated, D.I.C., J. Wattie and Woolforths. The premium on these shares totalled £27,576. PRICE CHANGES SYDNEY The directors state that the subsidiaries Neeco WholeThe Sydney stock market salers, Ltd., and Speedway RISES Price Var’n RISES Price Var’n tended to be a shade easier on the exchange yesterday, with B.H.P. falling 16 cents to six dollars 34 cents, and Mt. Isa falling 11 cents to four dollars Products, again produced satisfactory profits during the NZ Brew (W) s d s d Tollev (W) s d s d Corrective measures have 13 6 0 1 13 0 1 0 32 cents. The otal turnover Refrig df (A) Blands rts (A) W Steph (W) Alliance (W) 12 0 2 3 32 0 *9 8 0 6 0 3 0 6 0 3 UEB ’68 (W) 9 9 Wils Cem (A) 23 3 FALLS 0 1 0 3 of 634.000, including 172,000 mining, was average. Sales.—B.H. South, 261; Com. Mining, 270; C.R.A., 580; Kath. Inv., 236, and rts., 125; Loloma, whara and Temuka factories. Although it caused interruption in selling for several months, the move to Ellerslie Bell (A) P. Henry (A) 24 6 36 3 0 3 0 3 ABC (C) DIC (D) 5 5 13 9 0 1 0 1 190; Mt. Lyell, 150; Mt. Morgan, 280; Mt. Isa, 432; N.A.U.C., 117; Nth. B.H.. 380: West. Mining. is producing improved results. The full accounts confirm Punlop (C) .. 35 6 Hays (C) 18 0 0 3 536; Ampol Exp . 124; A.A.O., consolidated net profit at FTC (A) Fletcher (A) Gen Foods (A) 13 6 19 6 16 4 0 2 0 1 0 1 Wattie (A) .. Wattie new (W) 19 2 18 8 0 1 0 2 58; A.O. Gas, 274; Ex. Oil, 14; Mid Eastern, 43; Oil Search, 14; Planet pd., 33; Amal. Chem., 74; A.W.A., 208; Ampol, 70. and £74,984, a fall of £32,058. In addition, a profit of £74,931 from the sale of the G Bay (W) NZ Forest (A) 13 9 24 5 0 1 Marine P (A) Farm Fert (W) 4 9 37 0 0 3 0 3 def., 59; Ansett, 75; Assoc. Sec., 176; A.C.I., 600; A.G, Corp., 146; NSW 532: Blue Metal Ind.. Neeco Wholesalers property in Auckland has been transReid R (A) .. 27 0 0 3 Wn Publ (W) 20 0 1 0 164; Boral, 195; Borg Warner, ferred to reserve. The net Rothman (D) Sanford (A) .. 26 9 10 9 0 9 0 3 Wilk Dav (D) Wwths (C) .. 13 3 10 11 0 3 0 1 178; Brambles, 186; Brit. Tob., 230; B.H.P., 634; Carpenter, 249; Chem. Mat., 116; Clyde Ind., result was struck after providing £29,050 less for tax Tasman (A) 56 6 0 3 ♦Ex dividend. 90; Coles, 132: C.S.R., 308; Com. of Syd.. 235; C.B.A., 208; C.I.G., 275: Cone. Ind.. 28: Cons. Hold.. at £74,980 but £2124 more for depreciation at £48,195. 272: Cust. As announced, the dividend Sales In JNew Zealand Cred., 85; Dodge Consol., 172; Drug Houses Aust., 182; E.M.I., 196: E.Z.I., 250; Elders. 243; is steady at 6 per cent, requiring £53,821 against Email, 45; J. Fairfax, 233; Fel£51,275. AUCKLAND CHRISTCHURCH tex, 54; Fibre cont., 131; Hanimex, 163: .1. Hardie, 492; Healing, 27; Hilton, 81; Hooker, 29; The carry-forward is increased from £285,688 to £307,Late Friday.—1300 N.Z. Ins., Hordern, 43: Hume, 245: I.A. 053. 23s lOd; 900 McKendnck, 4s 9d: 13s 6d; 610 Gen. Fin., rts., 3s; Corp., 93: I.C.I., 370; D. Jones, 150 Fmrs. Fert. rts., Ils 5d: 100 100 K P.G. 5s 3d 400 Prestige. 143; H. Jones, 255; L.N.C., 55; N.Z. Forest. 24s 4d: 200 N.Z. News 34s 3d; 400 R. Rubber, 26s 9d. 10s 3d; 400 A.B.C., 5s 5d; 400 Clyde, 25s; 100 Col. Mot.. 59s; inn c. s w 24s 9d: 500 Fletchers. Larke Consol., 80; Lend Lease, 114; Lifesavers, 252; J. Lysaght, 237; M.L.C., 824; Marrickville, Pound Loses Yesterday.—£701 15/10/66-68, 5 16s 6d: 113; Mauri Bros., 202: C. Moran, p.c., £100 17s 6d; 75. 5 p.c., £98 10s E.P.B.. 26/1/70, 5 £1000 15/6/73200 Tauranga p.c., £100 5s 100 Hays, 18s: 500 I. Watkins-D., 12s 6d; 500 Wattie, 19s 2d; 400 M. Struthers, 4s lOd; 200 McKen145; Motels Aust Prods., 67; Myer, 196; Olims, 119; , 80; Moulded 334; Nat. Bk., Peko W„ 247; More Ground 3d; £2300 Waitemata E.P.B. 7/3/ zies, 8s 3d; 1500 N.Z. Cem., nts., Penfold, 185; Pioneer Cone., 70, 4} p.c., £99 5s 3d; 200 Dom. Brew.. 17s 3d; 150 N.Z. Brew., 28s 6d; 100 Farm. Fert., 37s: 300 N Z. Forest 24s 4d, 300 at 24s 5d, 148; Publishers, 40; Sebels, 158: 232; Qld. ins., Talcott, 13; The pound continues to be 13s 7d. and 8100 at 13s 6d 1700 and 606 nf. 9s: 100 Refinina. 39s Taubmans, 97; Thiess, 70; Toounder severe pressure and it N.Z. ms., 23s lOd; 500 S. Brit., . 10s 9d: 500 heys. Ill; Tooth, 510: Unit Tel., lost further ground since last 30s 6d: 100 Refrig, def., 75 Blands rts., 2s 3d: Marac. 10s: 300 W.. Steph. 12s; 2000 32 s; Skeilerup, pf., 8s 3d. Unlisted.—800 Geo. H. Scales, 30; Waltons. 118 W’wths., 137. week. A slight advance was made SOO McKendrick, 4s lOd: 200 on the Danish crown, and the Harvey, 33s 6d: 1700 Bell, 24s fid: 100 Con. Brick, 16s: 200 D. Henry. 36s 3d: 100 F.T.C., 13s After Call.—300 W. Steph.. 31s 9d; 700 Beaths, 7s 5d; 200 Floor Tries, 17s »d; 400 Hay«, 18s; 200 MOVES quotations on Norway and Japan were unchanged. All 6d; 700 Fletcher 19s 6d; 1200 Reid Rub., 27s; 200 W’wths., 10s other currencies hardened Gen. Foods 16s 4d: 500 Bay, 13s 9d: 500 Group nts.. 18s; 100 I.C.I. (N.Z.) Gold. Rent. , 19s lid; 200 Gen. Fin., rts., 3s: 4100 A.B.C., 5s 5d; 100 Dunlop, 35s 6d. Ampol B.H.P. 70 —1 634 —16 against the pound. This was shown in the lat9d: 1000 Wattie. 19s 2d: 200 L. est telegraphic transfer exD. Nathan. 22s lid: 200 L. D. Nathan nts.. 19s: 100 Manthel. 23s: 200 Mar. Pack.. 4s 9d: 300 DUNEDIN C.S.R. Waltons 308 +5 118 —1 change rates released by the Bank of New South Wales. Mot. Specs., 12s Sd: 500 N. CropWwths 137 —1 — per ’65 pref., 20s: 150 r mrs. Late Friday.—100 Refrig., nts.. Fert. rts., Ils Forest. 24s 5d; 27s: 200 Rheem. 5d; 3900 N.Z. 00 R. Rubber, 15s: 1000 San13s: 300 Nat. In ABC, 5s 6d; 1800 Harvey, 33s 6d; 5., 22s 9d; 200 Burt, 50s; 100 200 OdNn, rts.. Mt Isa 432 —11 AMOCO AUST. , 56s ; 100 Is 6d; 500 G. Foods, 16s 3d; 200 Manthel, 23s; 500 McKenzies, 8s LOSS lord, lus »a; zuvu lasiiiai fid; 400 U.E. Box, 10s 5d W. Horton. 23s 9d; 300 W. • nt. 23s 3d. Cem3d: 200 N.Z. Forest, 24s Reid Rub., 26s 9d. 4d; 300 MELBOURNE WELLINGTOxN Yesterday.—£500, 4i pc., 15/6/68, £98 15s; £300, 41 pc., Yesterday.—300 Dom. Brew., 17s 3d; 400 N.Z. Brew., 13s 6d; 100 Refrig., df., 12s; 800 Nat. Ins. 22s 9d; 200 N.Z. Ins., 23s lOd; 100 W. Steph., 31s 9d: 100 U.S.S., pf.. 17s 3d: 800 A.B.C., 5s 5d; 200 D. Henry, 36s 3d; 100 D.I.C., 13s 9d; 100 Dunlop. 35s Industrials generally eased in quiet trading on th« Melbourne Stock Exchange yesterday. Leaders moved variably, with B.H.P losing 16 cents to 634. Result Best So Far 15/7/70, ’£97 17s 6d: £1000 , 41 pc., 15/10/71, £98 17s 6d; £1500, 4£ nr . 15/11/70-72. £97 17s 6d: Base metals were steady and oils irregular. (N.Z. Press Assn.—Copyright) £5300. 5 nc.. 15/6/73-75. *£9 ; 10s: 6d; 100 Early, 13s 6d; 500 FletchSales.—A.W.A., 207; Ampol, 70, SYDNEY, July 17. 1000 Dom. Brew., 17-s 3d; 4300 N Z. Brew., 13s 6d: 300 Waltaki. ers, 19s 6d: 2000 4d: 200 I.C.I.N.Z G. Foods, 16s ., 19s 9d; 200 and def., 58; Ansett, 75; A.R.C. Inds., 106; Assoc. Pulp, 150; Amoco Australia Pty., the 16s fid: 300 Nat. Ins. 22s 9d; 700 McKenzies, Ss 3d 600 Sea Prod., Aust. Chem., 17 ; A.C.I., 600; newcomer to the Australian Sth. Brit., ’30s 6d, 30s 6d 1000 4s 3d: 100 Rothman, 26s 9d: 400 A.P.M., 167; N.S.W., 530; Berry, 26: Boral, 193; B.H.P., 634; Brolite, 202: B. Philp, 410; Carlton, petroleum refining and marMarac, 10s; 100 Gen. Fin fid 1250 Gen Fin., rts.. 3 . 13s ; 500 U.E. Box, 68 nts., Dav., 13s 6d, and 9s 9d: 200 Wilk. 100 at 13s 3d. keting industry, continued to 1. 31s 9d 32s: 445, and Z, 380 Carrier, 56; incur losses in 1965 as the 1000 Taupo, nts., 5s 9d: 200 Alliance, 9s 8d: 400 Prestige, 10s 3d: 500 K P G . 5s 3d: 400 B. Harris. INVERCARGILL Coles, 133; C.S.R 210; Courtaulds, Cust. Cred., 85; ., 306; C.B.A., 55; Cox, 10; Dunlop, 135; company further established operations, directors re•6s 6d; 200 Brit. Off S., 21s; 365 Late Friday.—500 Beggs cum Email. 44; E.Z.I. 250; Factors, Odldn. rts.. *ls fid: 100 Clyde. div., 19s 3d. 15; Feltex, 55: Gollin, 76; GotHowever, the loss for 1965 25s: 500 Begg, *19s 3d; 200 Col. don, Gotch, 210; Herald, 456; was considerably less than inMot., 59s; 200 WaHace, *10s: 1700 Fletcher *19s 6d, 19s 6d, and 475 Humes, 24z; yn, i.u.i., A.N.Z., 372; Jennings, 120; H. curred in 1964, and was the B pf., 9s 6d; 900 Gen. Foods, 16s 5d, 16s 4d: 900 Gold. Bay, 13s METALS Jones, 360; Kauri, 24; McPhersons 366; Macrobertsons, 132; Minster, 340; P. Morris, 736: Moulded Prods., 68; Myer, 336; Nat. Bank, 195: Nat. Cons., 239; best result since trading as a petrol marketer began in Smith, 7s 6d; 200 Wattie, IRs Rd: SOO L. D. Nathan. new, nts.. (N.Z.P.A. -Reuter—Copurtoht) July, 1962. The loss was 1,210,000 dolJuly 15. N.Z. Forest, 297 Olympic, 68; lars compared with 2,170,596 400 Mot. Specs.. 12s Sd, 12s Sd: Petersville, 59; Pye, 120; Qld. 3300 N.Z. Cem. nts., 28s 6d; 100 Latest spot London Metals ExPress, 500; Repco, 207; Kocia, 195; S.A. Rubber, 98; Sleigh, The loss is reached after Forest. 24s 5d: 200 Ind. Gas. 77s Sellers a ton £ s. d 58; H. Smith, 260; Swan, 270; allowing 1,022,000 dollars de6d: 100 Refin-ine, Prod.. 4s 3d; 200 **00 Rheem 15s: 39s 9d; 500 Sea Prop. Sec., 3s: 700 Sharland. Buyers a ton £ s d. Waltons. 118: Yarra, 72: A.O.D Gas 275; B.H. Sth W’wths., 138: , 30: Aust. Oil 260; C’wealth predation compared with 774,000 dollars in 1964. 23s; 600 Skel’erup. pref., 8s 3d: 400 To’.lev, 13s; 100 U.E. Box. ’68 Copper .. 580 0 0 80 10 0 Mining, 270: Loloma, 190; Mt. Directors of the United Tin .. 1285 0 0 1286 0 0 Isa, 434; Mt. Lyell, 150; Mt. Morgan, 280; Nth. B.H., 380; Santos, 260; Western Mining, 540. States-owned company say nts., Os 9d: 400 Wtgn. Pub 1000 Winstone. *43s 3d. 43 •Late Sales, Friday. , 20s; 3d. Lead .. 94 17 Zinc 95 15 6 0 95 0 0 95 17 6 that the improved result largely reflected a continuing increase in sales. Sell 19/6 16/4 18/0 19/9 20/0 Buy Sell — 20/6 — 18/6 8/9 9/1 — 12/6 8/3 — 17/6 Sales rose 32 per cent in QUOTES No. 1 Board 1 Fletcher cd Gen Foods cd G Bay .. Hays Do, nts ICINZ Buy 19/4 16/3 13/0 19'6 J Mercer . Midland NZ Forest NZ I Gas Skellp USS 1965—a faster rate of increase than recorded in 1964, when the increase was 27 per cent over the 1963 figures. The increase is well above Sell J Wattie 19 0 19/3 W/W NZ Pty . — 18/3 the industry average COVT. LOAN— Buy Do, new fp KP NZ D 46/3 19/0 47/0 Truth 7 pc — 21/6 The substantial establish5 per cent— . 100} Mason Sirs 4/10 5/0 No. 4 Board ment costs incurred in the Oct 66-68 McKenzie cd — 8/6 company’s rapid expansion Sep 81-83 . — 96} Neeco cd — 6/6 UNLISTED— more than absorbed the beneDEBENTURES— NZF 51 pc ’70 95 N Cropper cd NZF Fert rts 11/3 n/4 Booth Mac Carb. Ice 1/4 1/7 64/0 71/0 fits of the increased sales. Do. ’75 .. 95 NON CON NTS— Vibrapac 7 pc 1/4/75 .. — 99} NZ Forest cd NZ Newsp NZ Paper M NZ Refin NZ Sea Prod 24/4 34/0 246 4/0 24/5 34/6 40/0 C Press .. Don .. Liberty Regent Th Robat 31/0 34/0 9/0 — 16/3 — 21/6 — 12/6 — B.H.P. Expands BLDG SOC— Chch _ . 33 0 — Norvic Quill Morr Reid Rb .. 43 0 26 9 M/6 Scales Temuka F 42/0 43/0 22/6 — Its Research Perm Inv FROZEN MEAT— CFM NZ Rfg . . 12/5 ’. 15 0 15/0 Rothman Sharld pf Tasman .. Tolly Hldgs Trans Nel 26/0 12/6 9'6 23/0 57/0 13/6 T J Ediiiouds E Star Ka'ikohe New Col .. NZ Wool O/S Carpet — 34/0 1/9 — 45/0 — 4/6 — 47'6 60/0 (N.Z. Press Assn.—Copyright) MELBOURNE, July 17. Broken Hill .Proprietary Do, def ?0 z 8 Do, new J/9 — Unit Pub 4/0 .— has bought 25 acres of land South Otago . 180 Do, 68 nts 9/9 Prudential — 23/0 near Monash University in Waitaki . 16/3 — Vibrapac cd 22/6 Hellaby the outer Melbourne suburbs GAS— Chch » INSURANCE— . 9/9 - Do. nts W Tombs WiH Jeff Do, nts 11/0 19/0 39/6 19/6 30/0 Overseas AUST— for a new research establishment. The move is part of a genNational 22/5 —— W Cement 22/6 —— cents cents eral extension of the comNZ. cd 23/5 23/10 W/W NZ 10/11 11/0 BHP » CSR — 650 300 — pany’s research activities. LOAN— 12/9 13/0 6'6 MINING— B.H.P. is already spending BNZ Fin .. CFCA CS Inv cd Hom Fin 11/3 12/5 8/9 NZ Petlm .. 3/0 4/0 No. 2 Board N.Z. INDEX about 2m dollars a year on research. It has works research labGen Fin rts NZ F Co-op W Steph .. Marac 3/0 8-4 31/6 10 0 3/1 8 5 31/9 MISCELL— A J White Alloy 40/0 19/6 43/0 The Reserve Bank’s Index of share prices in New Zealand (January 27. 1959. equals 1090) oratories at the Newcastle and Port Kembla steel plants in New South Wales and central Newton K:ng 11/6 — A Batteries 34/0 is: — N.Z. Aust. . 1621 1504 research establishments at Do, 5s pd 5.-9 — Assoc Motels B 4/9 1963 Shortland, New South Wales, SHIPPING— 6 9 7/6 Do, nts 4/9 1965 and Whyalla, in South AustraN Steam » City 4 Sub Est 5/0 5/3 February 11 . *1668 1517 lia. TIMBER— C Roller 11/0 85/0 ■ March 25 ..1618 1379 Taupo cd » — 10/1 C M Banks April 15 .. . 1598 1375 WOOL TEXT— Alliance nts Bonds Kaiapol .. LWR Mosgiel nta Prestige .. MISCELL— ABC Alex H .. . 7/9 *. 5/2 . 15 0 . 11/0 . 10 0 14/9 5/4 15/9 5/6 CWS Clyde Eng Coulls Farm. Fin Fashions F Walmak Giant H Chambers Hend 4 Pollard 16/9 24/9 21/6 5/0 37/6 15/0 17/0 25/0 13/6 19/6 6/0 May 27 .. June 24 .. July 29 August 26 September 30 October 28 November 26 December 23 1966 January 27 . 1632 1387 . 1573 1360 . 1581 1378 .. 1548 1 370 .. 1514 1265 .. 1527 1291 .. 1474 1299 .. 1447 1282 . 1446 1289 INDICES Latest Indices are:— Naw York.—Dow Jones: 1965 Raila. Indust. Sold Dec. 31 257.48 960 26 7.240.000 1966 Feb 9 264.82 995.15* 9.760.000 33/3 33/9 HB 34/0 February 24 . 1454 1284 July 13 229.77 881.40 5,580.000 41/0 H Berry .. 18/3 March 31 . 1502 1238 July 14 230.22 887.80 6.950.000 Ash B . « A S Pat — 45/6 46/6 11/10 J Niven Leyland Marine Pack 4/9 17/0 9/0 April 28 .. May 26 ... . 1492 1280 . 1450 1247 July 15 231.24 S89.36 6,090.000 London.—Financial Times (industrial ordinary, 1935, equals IDO; Government, 1926, equals 100; gold. 1955. equals 100): Autocrat Ba'.'Ins xd 10 3 11'6 12/0 Milne & Choyce Pye E 9/7 5/0 10/0 June 9 June IS . m . 1456 1257 . 1464 Rickstan 3*0 4/0 . 14X7 —- Beath Beil Radio B.-ng Harris B Pave .. Buntings 24 3 6 3 16/9 10/2 7 /5 24/6 6/6 17/3 10/3 S Cement Suckling Wilk Davies W Malt .. Wormaid Bros 5/0 34/0 12/6 6/0 13/6 29/0 June 30 .. ». 1490 July 7 .. .. 1477 July 14 .. 1479 • Peak. 1964 Iridust Govl Gold Oct. t .. 377.8* 82.13 56 4 1965 Dec. 31 .. 339.7 78.74 60J 1966 Burkes cd 10/3 5/8 Wisemans 19/3 July 13 .. 350.6 74.32 59.3 Burnetts 5/10 July 14 .. 344.9 74.32 59.3 CPD B cd CPD cd .. C Seed .. 12/9 17/3 18/9 17/6 No. 3 Board Kaniere Gold July 15 .. 337.8 73.77 58.6 Sydney.—Sydney Stock ExC Odlin 19 0 __ PREF— change (July. 1931. June. 1939. equals 100): 19<4 Retail Ord. Indust. C Begg cd C Brick nts 13/3 19/6 N Canty CFCA 18/9 10/0 (From Our Own Reporter! Crothall cd 25/9 — W Steph —— 20/3 GREYMOUTH. July 18. Feb 27 .. 472 60 392 21* 395.24 Cyclone .. 6/9 19/6 LWR And Bvn — 17/0 19/0 The gold dredge, Kaniere, Dec 30 .. 360.18 320.76 353.45 Deanes 15'0 CM! 20/0 operating at Kumara, won 467 1966 DIC — 13/10 Cyclone .. 18/6 ounces of bullion for the first July 13 .. 350.10 293.09 373.55 D Fert D Rope Dunlop NZ 43 0 25 6 35 6 45 0 DIC Dunlop NZ Fletch B 9/3 20/0 7/3 half of July yards of spoil from 162,000 excavated in July 14 .. 349.82 293.74 375.52 July 15 .. 350.20 293.64 375.07 July 18 .. 348.27 292.46 372.78 Early Bros 13/3 13/9 Hum* NZ . m — 16/6 23ft hours. .♦Peak.