SHARE MARKET

Evening Star, Issue 25894, 11 September 1946, Page 8

SHARE MARKET

STEADIER PRICES FOR AUSTRALIANS NATIONAL BANKS SELL DOWN TO 62/6 Caution, again dominated the ' investment market to-day ; but the decline in Australian industrials was arrested. North and South Broken Hills remained hesitant, with the exceptionally wide margin of 10s being recorded in the former shares., Lyells and Souths finished with a margin of 3s 6d. New Zealand Breweries continued to reflect uncertainty, while National Banks fell fid to.trading at 62s 6d, Feltand Textiles and Korma Textiles were fractionally weaker. Selected quotations are as follows: . Buyers. Sellers. £ s. d. £ g. d. Banking—

SALES ON ’CHANGE: THIS DAY. Dunedin.—Sales reported,' this morning: 3 per cent. Stock, 15/12/1953-56, £IOO 10s (£200); National Bank of N.Z., 62s 6d (300). Auckland.—Morning sales: National Bank of l New 62s 6d; Auckland Gas (cont.), 3s; Fletcher;Holdings, 38s;'Mount Morgan; 8s 6d. •Wellington. Three per cent. Stock, April, 1960-63, £IOO 12 s 6d; 3 per cent. Stock. February; 1955-58, £99 17s 6d. Reported: R. E. Tingsy (ord.), 70s. Christchurch.—2£ per cent. War Loan, 1953, ,£9B 12s , 6d ; 3£ per cent. Stock, 1960, £103.10s; New-. Zealand Farmers’ Co-op., 1950, Stock, £lOl ,12s 6d; New Zealand Breweries, 55s 9d; Australian Foundation Investment, 6s 6d; Fletcher Holdings, 37s 9d. Reported: Wool Bonds, 1948, 21s 9d; 1949, 21s '3d; Southland Frozen Meat. 62s (2).

Commercial 1 2 7 1 2 11 E.S. and A — 6 5 0 National N.Z. 3 2 0 3 3 0 Union 1 Insurance- ~ 9 18 0 National 1 8 6 1 9 3 New Zealand 5 0 0 5 6 0 South British ■ 48 0 4 11 0 Standard Shipping— 4 8 0 4 10 0 R’t. Parker (ord.) — 313 0 P. and 0. ...' ... 3 8 0 3 12 6 U.S.S. Co. (pref.) Meat1 13 6 — Gear N.Z. Refrig. 1 11 0 — (paid) N.Z; Refrig. 1 15 0 (conti) Southland Froz. 0 17 6 0 17 9 (ord.) 3 0 0 3 3 0 Waitaki Agency— 8 10 0 9 0 0 Dalgety 9 5 0 10 0 0 Nat. Mort “ A ” 4 8 6 Nat. Mort. “ B ” 2 -5 0 L. and M. (ord.) 83 10. 0 — Perpet. Trus. 2 8 0 2 10 3 W.S. (ord.) Breweries— 1 19 0 2 4 0 New Zealand 2 15 6 2 16 6 Donjinion .. ... ... 3 7 0 — Dunedin ... ... 1 14 0 — Coal — Kaitangata ■... ... 1 3 6 1 5 0 Westport, Woolier — 1 5 0 18 0 Bruce (ord.)2, 0 0 — Kaiapoi (ord.) ... 1 4 0 1 7 0 Oaniaru 1 14 0 Timaru. ... ... ... Miscellaneous— 1 ;5 0 )■., ■ — A.F. Co. 0 6 4 ■ 0 6 8 A.C.I. .. ... ... 2 16 0 ■ 30 0 British Tobaeco ... 2 15 6 — B.H.P. 2 7 0 210 0 Consol... Brick 0 11 6 . — D:I.C. (ord.) ... D.I.C ’ (pref-) - 1 6 1 8 9 0 — Dom. Fertiliser ... 1 8 0 1.9 3 Felt, Text.. N.Z. — - 2 19 6 Feltcher’s (ord.)... .1 17 9 1 18 6 G., J. Coles —, 4 11. 0 John Bulleid ... 0 18. 0 . 0 18 9 Macduffs (ord.) ... . 1 7 10 1 8 6 Milbutn Lime ... 1 16 6 — Morts Dock ... ... — 1 17 0 McLeod Bros. ... 31 0 0 36 0 0 N.Z. Drug ... ... 5 6 0 5 11 0 N;Z. Newspapers 2 6 0 — N.Z. Paper Mills 2 3 3 — ‘ O.D.T.’ ... ... — . 2 14 0 W. and Tombs ... 8 0 0 — Wilson’s Cement ... ' — 0 19 9 Woolwortbs N.Z. — 1 8 6 Woolworths Syd. Mining— . 1 8 6 B.H. South ... ... 1 15 0 1 18 6 Mt. Lyell ... ... = 12 0 15 6 Mt. Morgan .... ... 0 8 4 r — North. , B. Hill ... 3 0 o,3.10 0 . New B Hill ... 2 0 0 .. —