ON ’CHANGE TO-DAY: WESTPORT COALS SOLD IN ROOM FOR 39/-

Evening Star, Issue 26153, 15 July 1947, Page 6

ON ’CHANGE TO-DAY: WESTPORT COALS SOLD IN ROOM FOR 39/-

Westport Coals remained in tlie market limelight on the Dunedin Exchange this morning with another' transaction in the room at 39s and final sellers at 39s 3d. New Zealand Paper Mills were firmer at 46s 6d, but New Zealand Breweries were weaker on a reported sale at 57s 6d. Selected quotations are as follows: Buyers. Sellers. £ s. d. £ s. d.

SALES ON ’CHANGE: THIS DAY. Dunedin.—Sales reported: Commercial Bank (ord.), 23s (200); U.S.S. Co. (pref,), 33s 6d (100, late yesterday); N.Z. Breweries, 57s 6d (75); Dominion Fertiliser, 30s (200 and 150, late yesterday); Fletcher Holdings (ord.), 38s 3d (200); Macduffs Ltd. (pref.), 29s 6d (100); N.Z' Paper Mills. 46s 6d (125); Reid Rubber (cont.), 7s 6d (800); Mount Lyell, 28s (100).. ,9 n ’change: Westport Coal, 39s (100); Goldsbrough, Mort (rights); 10s (128). - _ Auckland. —Mornnig call: Felt end Textiles (N.Z.), 625; Colonial Sugir, £55 15s; Consolidated Brick, 16s 6d; Electrolytic Zinc, 67s 6d; pref., 68s; Farmers’ Trading, 38s 4d; Reid Rubber (cont.), 7s 6d; Woolworths, Sydney, 24s 6d; Auckland Gas, Bsj Dominion Breweries, 75s’ sd;, Kanieri Gold, 23s 3d; Stock, 3 per cent., December, 195356, £IOO ss. Unlisted: Whakatane Paper, 8s 6d. Noon call: National Timber, 14s; Kauri Timber, 355; Consolidated’Brick, 16s 6d; Farmers’ Trading (ord.), 38s 6d. Wellington. Sales on ’Change: 3 per cent. Stock, 1953-56, £IOO 7s 6d. Sales reported: Goldsbrougli, Mort (rights) 9s lid; New ‘Zealand (Forest Products, 21s; 2j per cent. Stock, 1949-50, £99 12s 6d; Dunedin Brewery, 38s 9d; Howard Smith, 24s 9d; Electrolytic Zinc' (ord., odd lot), 665, 6d; .Macduffs (pref.), 29s 6d; Wilsons Cement, 18s 9d; Mount Lyell, 28s: Woolworths Holdings (South Africa), 475. Christchurch.—Stock, 3 per cent,, December, 1953-56, £IOO 10s ;~ Commercial Bank of Australia, ’22s lid, 22s lOd; Commercial Bank of-Sydney, £24 17s 6d; Goldsbrou'di. Mort, 325; rights, 10s; .BrokenHill proprietary, ;50s 6d; Macduffs, 475; Woolworths, Sydney, 24s 6d ; Mount: Lyell, ,585.... Reported:' Colonial Sugar, £55 15s.' associated gold return. : Associated Gold reports J that for .the week ended . July 12 its dredges treated' 73,065 yards in 336 i hours arid recovered *ll9oz. DIVIDEND DECLARED. Charles Begg.—A dividend of 6 per cent., against 5 per cent, last year, has been declared. MATCHES NEW ZEALAND LTD..; Matches New Zealand Ltd., Wellington, in a statutory report, states that preliminary expenses, including cost of registration, brokerage, legal fees/printing and advertising, total £4,152, and the balance to be met is ' estimated - at £lO. Cash received from the 72,000 shares allotted to the public was £36,237, including calls paid in advance. Salaries, development, and other expenses were £555, and the cash balance is £31.530. A statutory meeting ■of shareholders will be held next Friday. Messrs M. O. Barnett and E. A Frethey-have been nominated as additional directors. MINING NEWS.

Clutha River.—For the week ended July 11 the dredge worked 102 hours to recover 170 oz.

Banking— E.S. and A. 7 17 6 '8 5 0 Union 12 0 0 12 10 0 insurance— National 1 8 3 1 9 0 South British ... 4 13 0 4 15 0 Meat— N.Z. Refrig O' 0 (pd.) .... ... ... 1 19 2 0 N Z. Refrig. (cont.) , 0 19 0 0 19 4 Waitaki 8 5 0 8 12 6 Agency— Golds, Mort ... ... 1 11 0 Golds, Mort (rights) 0 9 10 0 10 3 Breweries— New Zealand 2 17 0 2 18 0 Dominion 3 15 0 3 17 6 Coa!— Kaitangata ... *... 1 12 6 1 13 6 ‘ Westport 1 18 10 1 19 3 Woollen — Kaiapoi (crd.) ... 1 8 6 *1 10 0 Mosgiel 15 7 6 15 15 0 Timaru 1 8 3 — Miscellaneous — B.H.P 2 9 6 2 12 0 C. Begg ... 1 17 3 — 0 D.I.G. (pref.) ... 1 10 0 1 11 Dom. Fertiliser ... 1 9 6 1 11 0 Dunlop N.Z. (ond.) 0 9 9 0 10 3 Dunlop N.Z. (pref.) 0 10 11 . 0 11 2 John Bulleid 0 19 9 1 0 6 Milburn Lime ... 1 17 6 1 19 0 N.Z. Forest Prod, (ord.) 0 7 6 0 8 3 N.Z. Paper Mills 2 5 6 2 6 9 Woolworths N.Z. 1 12 0 1 12 6 Woolworths Syd. 1 4 6 1 4 7 Mt. Lyell ... ... 1 7 6 1 8 3 Mining.— Mt. Morgan 0 9 1 0 9 4