SHARE MARKET

Evening Star, Issue 25893, 10 September 1946, Page 8

SHARE MARKET

BARE SALES LIST WEAKNESS IN AUSTRALIAN LEADERS With weakness persisting in Australian shares and hesitancy marking operations in some New Zealand leaders, the Dunedin market experienced an unusually quiet call this morning with no business recorded, Markedly cautious limits were quoted. by buyers in the Australian mining section, the best offer for Lyells touching only 22s and only 35s for Broken Hill Souths. B.H.P.s did not fare much better with a best purchaser quoting 475, while Sydney Woolwortlhs and British Tobaccos were also reflecting uncertainty. . Most New Zealand issues held recent prices and there was little change in the early sections. New Zealand Breweries lost ground, however, with vendors finishing at 575. Selected quotations are as follows: Buyers. Sellers. £ s. d. £ s. d. Banking—

SALES ON ’CHANGE: THIS DAY. Dunedin. —Sale reported, late yesterday: 3 per cent. Stock, 15/12/1953-56, £IOO 12s 6d (£1,000). Auckland.—Morning, sales: New: Zealand Insurance, £5 ss; Farmers’ Auctioneering Company. 445; Taupiri Coal, 355; Auckland Gas, 7s 8d; Broken Hill. 47s 6d and 475-9 d; Consolidated Brick, 12s- 3d; M.K. Manufactures, 11s 3d; New Zealand Stock, 2jr per cent., October ' 1953, £9B 10s; 2) per cent. Stock, September, 1947, £IOO 15s; New Zealand Stock, 3 per cent., December 1953-56, £IOO 10s. Unlisted: Korina Textiles (p.ref.), 14s 2d. Noon call: Woolworths Holdings (South Africa), 50s; Stock. 21 per cent., October, 1953, £9B 10s; 3 per cent., February, 1955-58, £99 12s 6d; Stock, 4 per cent. May, 1954-58, £lO7 ss. Unlisted: Hellabys (ord.), 555. Wellington.—Four per cent. Stock, May, 1949-52, £lO4 2s 6d; 3 per cent. Stock, January, ’ 1951-54, £IOO ss. s Reported: Broken Hill Proprietary, £2 7s 6d (2); New Zealand Insurance, £5 ss; J. J. Niven and Co., £1 15s; Macduffs Limited (ord.), £1 8s 2d. Unofficial: R. and W. Hellaby (ord.), £2 :5s (2). , Christchurch. —2J per cent. Stock, 1947, £IOO 15s; 2£ per cent. Stock, 1948, £IOO ss; 2£ per cent. Stock, 1949-50. £99 ss; per cent. Stock 1950-51. £99 ss; 3 per cent. Stock, 1952-55, £lOl. 17s 6d; 3 per. cent. Stock, 1955-58, £99 17s 6d; 3 per cent. Stock, 1958-59, £IOO 15s; 3 per cent Stock, 1957-60, £IOO 10s; 4 per cent. Bonds, 1952-55, £106; Wool Bonds,

1948, 21s 9d; Wool Bonds, 1949, 21* 3d: New Zealand Breweries, 56s (4): Macduffs (ord.), 28s (3); Niven, 355; Reid Rubber, 31s 3d; Austral Mining, lis 3d. Unofficial: Turnbull and Jones (ord.), 20* (2).

Commercial ... ... 1 2 8 1 2 10 E.S. and A 5 17 0 6 5 0 National N.Z. — 3 3 6 Insurance — National 1 8 6 1 9 3 New Zealand — 5 6 0 South British — 4 11 0 Meat— Gear in 3 — N.Z. Refrig. (paid) — 1 15 3 N.Z. Refrig. (cont.) Southland Froz. 0 17 6 — (ord.) 3 0 0 3 3 0 Waitaki 8 10 0 9 0 0 Agency— Dalgety — 9 15 0 Nat. Mort. “ A ” '4. 8 0 — Nat. Mort. “ B ” 2 • 4 6 — L. and M (ord.) 83 0 0 86 0 0 Guar. Corp. 0 4 8 — Perpet. Trus. 2 8 0 2 10 6 W.S. (ord.) 1 18 9 2 5 6 Breweries— New Zealand 2 16 0 2 17 0 Dominion 3 7 6 — Dunedin 1 14 0 — Coal— Kaitangata 1 4 0 1 5 0 Westport. ... ... 1 5 0 1 6 0 Wooller — Bruce (ord.) 2 0 0 2 1 9 Kaiapoi (ord.) ... — 1 7 0 Mosgie? ... 15 0 0 — Oamaru 1 14 0 — Timaru ... Miscellaneous— 1 5 0 British Tobacco ... 2 16 0 — B.H.P ... 2 7 0 Consol Brick ... 0 11 6 . D.I.C. (ord.) 1 6 9 — D.I.C (pref.) ... 1 8 0 — Dom. Fertiliser ... 1 8 6 1 9 3 Dunlop Rubber ... — 1 14 0 Felt, Text.. N.Z. — 3 0 0 Fletcher’s (ord.) 1 18 0 1 18 9 John Bulleid 0 18 0 0 19 0 Macduffs (ord.) ... 1. 7 10 — Maodufis (pref.) — 1 9 3 Milburn Dime ... 1M 6 •—■ N.Z. Drug 5 5 0 — N.Z. Newspapers 2 6 0 — N.Z. Paper 1 Mills 2 3 0 — ' O.D.T.’ ■ — 2 14 0 Wilson’s Cement . . —■ 0 19 6 Woolworths N.Z. . — . 1 8 9 Woolworths Syd. — , 1 8 10 Mining— B.H. South 1 15 0 1 19 0 Mt. Lyell 1 2 0 1 5 9 Mt. Morgan 0 8 6 — New B Hill 2 0 0 —