ON ’CHANGE TO-DAY: SOME WEAKNESS IN BANKS AND METALS

Evening Star, Issue 26144, 4 July 1947, Page 6

ON ’CHANGE TO-DAY: SOME WEAKNESS IN BANKS AND METALS

Australian banks and s some Trans-Tasmaa metals finished weaker on the-Dunedin Exchange this morning, but buying support was well maintained in other sections. Ths sales list was the best for- some time. Selected quotations are as follow^:

SALES ON ’CHANGE: THIS. DAY. - Dunedin.—Sales reported: Howard Smith ford.), 24s 4ld. (100); New Zealand; Refrigerating (cont.), 19s 6d (200) ; Dominion Breweries, 75s 3d (100); M.K. Manufac* x turers, 12s 6d (200, late yesterday); Colonial , Sugar, £55 15s (6, late yesterday); Felt* ; and Textiles of New Zealand (ptef.), 28s 6d (200). On .’change: Bank of Austra.asia, £l2 12s 6d (20); .Commercial Bank (ord.), 22s lOd (200). „. ■ , .„ - " Auckland. —Morning call : Bank oE -New - South Wales, £39 17s 6d ; New Zealand t ; Insurance, £5 5s 6d; Taupiri Coal (ord.), 50s; Dominion Breweries, 75s 3d ; Farmers Trading (ord.), 39s 6d ; New Zealand Forest Products,. 8s; New Zealand Newspapers, 52s 9d; 3 per cent. Stock, 1951-54, £101: ss. .Unlisted: : Selfridges. New Zealand, ■ l6s; Industrial' Chemicals (pref.),- 21s: - ‘Nqon call: New Zealand Insurance, £5 .ss_6d; South British' 94s 6d, 94s 3d ; Newton King (pref.), 275; Howard Smith, 24s 4id;. Felt Textiles, New Zealand-(new pref.),- 28s 6d ; Dominion Breweries, 75s 3d;’Claude Neon* New Zealand, 49s 6dvGeorge Court; 70s 3d; Woolworths New Zealand, 32s 7dj , Martha, g s Wellington—2£ per cent. Stock, 1949-50, £99 15s. Reported: Dominion Breweries ... 75s 3d; Australian Foundation Investment, 6s 3d; (new issue), 6s; M.K. Manufacturer*,--, - 12s 6d; New Zealand Forest Products, B*. ■, / (pref.). 12s 9d. Christchurch.—Commercia] Bank of Aui* . t-ralia, 22s lOd ; Goldsbrough Mort- (rights), . 10s 3d; Dunlop, New Zealand (ord.), 10sj Electrolytic Zinc;(pref.)j 67s 6d. ,; .Reported; Stock, 4 per cent., 1952-55, £lO4 ss; Christ-, church Building, £22; Kaiapoi. - Woollen (pref.), 29s;.Kaitangata Coal, 33s 9d; Ballins, 35s Unofficial: Whakatane, 85 Bdj E. Reece (pref.), 12s lOd. ■ .

’Buyers. Sellers. £ s. d. £ s. d. Banking—. Australasia ... ... 12 12 6 12 15 0 . N.S.W. ... .... 39 0 0 39 15 0 Commercial ... ... 1 2 9 1 -2 11 E.S. and A. 8 2 0 8 7 6 Union . ... ... ... 12 3 0 12 6 0 Insurance— National . 1 8 3 19 0 New Zealand ■' ... 5 3 6 . : - South British ... 4 14 0. ,4 15 6 Standard 4 16 0 — Shipping— Howard Smith ...' 1 4 0 15 0 H’t.. Parker (ord;) 3 5 0 3 7 6 P. and 0 4 3 0 4 7 0 U.S.S • Co. • (pref.) 1 13 3 113'9 Meat— ; Gear ... 1 11 6 — N.Z. Refrig. / - (paid) .;. ... ... 1 19 0 N.Z. Refrig. (cont.) ... '... 0 19 4' 019 I Southland Froz. (ord.) ... ... ... 3 7 0 ■ __ Waitaki 8 4 6 — Agency— Dalgety 11 10 0 L. and M. (ord.) — 0 146 0 0 Perpet. Trus. 2 6 28 0 Trustees Exec. ... 5 10 0 *•— W.S. (ord.) 1 17 9 —- ■; Breweries— Baliins ... ... ... 1 14 0 116 .0 * New Zealand , ... 217 9 2 18 6 Dominion ...... 214 6 3 15 ’9'. Dunedin ... ... ... 1 18 6 . ■1'., Coal— Kaitangata 1 13 3 1 14" 3 ■ Westport ... ... 1 19 .0 ‘ 1 19 ;..9 Woollen— Bruce ■ (ord.) ... 2 7 O’. — Kaiapoi (ord.) ... 2 7 0 Wgtn. (ord.) ... 10 0 .0 .TT*- > Wgtn. (pref.) ... 10 5 0 Miscellaneous—r 1 ‘yV..’. v*. A. Hordern ... ..; 1 9 0 ” —1’:’ " "A.C.I. ' ... ...... 2 18 0 2 19 0 • British Tobacco ... 2 12 0 ■ — •b.h.p: ... 2 9 3 2 11 « v Brown, Ewing (ord.) 2.4 0 — Colonial Sugar ... 55 5 0 55 17 6 Consol Brick ... . .0 16 3 017 0 Dom. Fertiliser ... 1 8 9 : '.V. -rDom. Rubber ... 0 7 0 0 15 0 Donaghy’s 3 6 0 ' . “ '•■■■■ Dunlop N.Z. i (ord.) ... ... ... 0 9 10 0 10 3 Dunlop N.Z. 011 3 (pref.) 0 10 11 Fletcher’s (ord.) ... 1 18 0 1 19 0 Fletcher’s j (pref.) 1 14 0 —; • G. J.; Coles 4 9 0 2 10 8 . Macduffs (ord.) ... 2 8 0 Macduffs (pref.) ... 18 9 ■■■ : . ' Milburn Lime ■ ... 1 17 6 2 0 0 McLeod Bros. 29 0 0 32 0.0 N.Z. Drug ... ... 5 15 0 .'5 19 ,0 N.Z. Forest Prod, (ord.) ... ... 0 7 10 0 8 2 .N.Z. Paper Mills 2 5 0 2’.7 0 ■ ‘O.D.T.’ ...... • 2 17 6 ■ 3 .0 0 : Wilsons Cement ... 0 18 3 0 19 3 .. Woolworths NiZ.. 1 12 3 1 12' 9 - ’ Woolworths Syd.‘ 1 - 4 3 ■ ,1.5 .0 Mining— B.H. South 1 14 0 , 116'0 ' Bulolo. ’... ... ... 7 10 0 . . \ — - : Mouni Lyell 1 7 9 : 19 o Mount Morgan ... 0 9 6 ■ 0 10 0