COMMERCIAL

Evening Star, Issue 25708, 4 February 1946, Page 6

COMMERCIAL

SHARE MARKET. Business was brisker on 'change this morning than for some time. Two parcels of P. and O. deferred stock were sold at 66s 3d, a buyer still offering 665. There was also business in Southland Frozen Meat (ord.) at 58s 6d, the market closing at 58s 3d-58s 9d. Reported sales were Felt and Textiles (N.Z., unlisted) at 40s, which were quoted at 39s 9d-40s 3d; 4 per cent. Government Stock, 1952-55, at £lO5, with a buyer still offering the same figure; and 3 per cent. Stock, 1955-58, at £IOO. \ss. with an inquiry at £IOO 12s 6d. Sales reported from late Friday were Commercial Bank at 19s 3d, with a buy«r offering 19s Id; McKenzies Stores at 655, which were still wanted at 645; New Zealand Refrigerating (cont.) at 15s 4d (cum div.), with a buyer still inquiring" at' 14s lOd; and Woolworths (Sydney k 26s 6d, the market closing at 26s 3d-27?. Woolworths - (New Zealand) were wanted at 24s 2d. Buyers were offering for most banking issues without attracting any sellers. D.I.C. (ord.) had a buyer at 245, and the pref. issue had a wide market at 28s 3d-32s 6d. SALES'ON 'CHANGE: THIS. DAY. Dunedin.—P. and O. Deferred Stock,. 66s 3d (£IOO and £28);. Southland Frozen Meat (ord.), 58s 6d (100). Reported late Fri. day: Commercial Bank, 19s 3d (450); N.Z, Refrigerating (cont.), 15s 4d cum div. (400); McKenzies Stores, 65s (200); Wool-' worths (Sydney), 26s 6d,(300). This morning: Pelt and Textiles (N.Z., unlisted), 40s; 4 per cent. Stock, 1952-55, £lO5 (£260); 3 per cent,.Stock, 1955-58, £IOO 15» (£5,000). - Auckland. Morning call: Dominion Breweries, 635; British Tobacco. 555; Fletcher Holdings, 345; G. J. Coles, 80s; McKenzies, 655; Wilsons Cement, 19s; Woolworths (Sydney), 26s 6d; Loloma, 255; 2i per cent. Stock, February, 1949-50, £99 125.6 d and £99 15s; 3 per cent., February, 1955-58, £IOO 15s;" 3. per cent., April, 1956-59, £lO0 x 2s 6d. Noon call: 8.H.P., 475; 2i per cent. Stock, October, 1953, £9B 2s 6d. Christcburch. Union Bank, £8 15sT Christchurch' Gas (cont., CD.), 12s lOd; Consolidated Brick,, 10s 3d. Reported: 2J per cent., Stock, 1949-50, £99 15s; 2£ per cent. War Loan, 1953, £99 ss; 3 per cent. Stock, 1951-ss, es interest, £99 10s;, Goldsbrough, Mort, 31s; New Zealand Breweries, 49s 6d; Woolworths (Sydney), 26s 6d (1). Unlisted: Felt and'Textiles (New Zealand), 40s. Wellington.—2J per cent. Stock, February, 1949-50), £99 12s 6d (2); Felt and Textiles, 40s. ■. . SOUTHLAND FROZEN MEAT. The Southland Frozen Meat and Produce Export Company Limited has recommended a final dividend of; 8d on preference and ordinary shares.—Wellington P.A. MINING. Dredge Returns.—Slab Hut Creek: 50 ounces, 20,000 yards, 120 hours. Ngahere: 354 ounces. 109.827 yards. 244 hours. EWE PRICE SCHEDULE. (P.A.) WELLINGTON, February 3. The New Zealand Meat Producers' .Board advises that the ewe schedule in the South Island will be increased by oneeighth of a penny per lb as from tomorrow. This increase is accounted for by wool growth, and also by the low average weights. PROPERTY SALES. Messrs R. S. McKenzie Ltd. report haying this week sold in the estate of Mary Ann Blair, a house at 29' Hawthorn Avenue. There was good competition for the house, which is in need of repair, the property going to a cash purchaser at £530. Messrs McKenzie Ltd. also-report having sold under instructions from Messrs T. Scurr Ltd. their two-story brick -premises and certain sections adjoining, known as 329 Cumberland street. The purchasers were Messrs F. J. Lake Ltd., and the consideration £14,000. Consent to the transfer has been given by the Land Sales Committee.