THE STOCK MARKET

Otago Daily Times, Issue 26197, 6 July 1946, Page 3

THE STOCK MARKET

DUNEDIN QUOTATIONS SLIGHTLY EASIER TONE The week’s trading on the 'Dunedin Stoik Exchange opened quietly on Monday, and up till yesterday an easier tone was apparent Buyers again exceeded sellers on die quotation lists, but their rates in most, cases did not deviate much from those ruling last week. Buyers were still quoting Macduffs (ordinary) at 25s throughout the week, with no sellers but yesterday the shares were quoted at 25s 2d and 25s 6d, with a reported sale at 25s 3d. Apart from a parcel o£ Bank of New Zealand Stock, 1957-6 U. the only large transaction involving Government stock was the sale of a parcel (£9000) of the 2J per cent. War Loan. 1953 at £97 12s Gd. There were further sales of Ross and Glendining unlisted stocks at unchanged rates, and also of New' Zealand Express preference shares. New Zealand Breweries improved by 3d during the week, and there was a reported sale yesterday at £2 17s. Buyevs continued to advance their offers for G. J. Coles to £4 8s 9d yesterday, and there were sellers at £4 10s. The following table shows, to the neares. £, the turnover on the local Stock Exchange during the past week:—

2’ p.c. Stock, 1953 9000 Ross and Glendining (unlisted) 5432 3 p.c. Stock, 1957-60 1860 N.Z. Express (pref.) 1840 Standard Insurance 1217 Union Steam (pref.) 10S3 N.Z. Breweries 993 Felt and '1'extiles of N.Z. . 520 34 p.c. Stock, 1953-57 520 3 p.c. Stock, 1955-58 500 3 p.c. Stock, Dec., 1953-56 500 3 P.c. Stock, May, 1953-56 500 3 p.c. Stock, 1960-63 535 Westport Coal .. ■. 438 Consolidated Brick 300 National Savings, July, 1948 300 Colonial Sugar 299 N.Z. Refrigerating (cont.) . 264 Southland Frozen Meat (ord.) 315 Canterbury Farmers’ Co-op. 250 (ord.) Dunedin Breweries 230 3 p.c Stock, 1956-59 200 Fletcher Holdings (ord.) 195 Wilsons Cement 190 Austral-N.Z. Mining 186 United Permanent Bldgs. (Auck185 land) Broken Hill South 178 Farmers’ Trading 164 Woolworths. N.Z. 145 Wool Bonds, 1948 .. 135 Wool Bonds, 1949 135 Macduffs (ord.) 126 Commercial Bank (ord.) 113 N.Z. Express (ord.) 53 Booth Macdonald (pref.) . 60 Buyer. Seller. £ s. d £ s. d. Government Loans— 24 p.c. Stock, April 15, 1950-51 24 p.c. War Loan, Oct. 98 5 0 - 1, 1953 3 p.c. Stock, Sept. 15, 97 5 0 0 1952-55 3 p.c. Stock, May 15, 100 5 99 17 ” 1953-56 6 —- 3 p.c. Stock, Dec 15, 1953-56 3 p.c. Stock, Feb. 15, 99 12 6 - 100 10 1955-58 .. .: .. .. 0 — 3 p.c. Stock, 1957-60 .. 3 p.c. Stock, Jan. 15, 99 15 99 15 0 ~ 1956-59 Banking, Insurance, 0 and Shipping— N.S.W. (£20) .. .. 39 2 6 — Commercial (10s) Commercial of Sydney 1 2 5 0 . (£12 10s) 23 0 — E.S. and A. (£3) .. Natl, of New Zealand 5 16 6 6 2 6 3 6 (£2 10s) .. .. Natl, -of Australasia 3 2 14 5 8 3 (£10) Natl, of Australasia 0 (cont. £5) 7 5 0 9 — Union (£5) — 17 6 National (7s) .. .. New Zealand (£1) .. 1 8 7 1 9 3 5 5 0 — South British (10s) .. 4 10 0 4 11 0 Standard (£1) .. .. 4 8 0 4 9 0 Howard Smith (£1) .. 1 4 9 1 6 3 P. and O. Stock (£1) 3 9 0 3 10 6 U.S.S. Co. (pref.. £1) 1 13 6 1 14 3 Meat Loan and Agency— N.Z. Refrig, (paid) .. 1 14 6 1 15 3 N.Z. Refrig, (cont.) .. 0 17 7 0 17 10 Dalgety arid Co. (£5) Goldsbrough Mort. 9 10 1 13 0 0 15 0 (£1) 1 L. and M. (ord.. £100) 81 0 0 83 10 0 Breweries, Gas, Coal, Oil and Wool— Ballins (£1) .. .. 1 9 0 >— N.Z, Breweries (£1) 2 16 9 — Dominion (£1) .. .. 3 4 0 — Dunedin (£1) .. .. 1 13 0 — Westland 2 0 0 Kaitar.gata (16s) 1 4 0 1 6 0 Westport (10s) .. .. 1 4 0 1 5 3 Bruce (ord., £1) 2 1 6 2 4 6 Bruce (pref., £1) 1 11 0 —. Kaiapoi (ord., 17s) .. 1 6 6 i 8 6 Kaiapoi (cont.) .. .. 1 6 6 — Wellington (ord., £5) 10 7 6 10 u Wellington (pref.. £5) 10 10 0 ii u u Miscellaneous— Anthony Hordern * (£1) 1 4 0 — A.F. Co. (5s) .. .. Bth. Macdonald (pref.. 0 6 1 0 0 6 6 12 3 15s) 0 11 9 Broken Hill Pty. (£1) 2 11 0 2 12 3 Colonial Sugar (£20) 59 10 0 60 0 0 Consol. Brick (£1) .. 0 11 9 0 12 6 Dom. Rubber (£1) .. Stock Exchange Pty. 0 17 1 14 6 1 2 0 (£1) Fletcher Holdings 0 9 2 4 0 19 6 (ord.) ' Fletcher Holdings 1 18 1 14 1 (pref.) 0 — G. J. Coles (£1) .. • • 4 8 9 4 10 U Macduffs (ord., £1) .. N.Z. Paper Mills (£1) 1 5 2 1 5 b 2 1 3 2 2 0 Reid Rubber — 0 X 10 u Wilsons Cement (10s) 0 19 — Woolworths (ord. 5s) 1 8 9 1 9 3 Woolworths (Syd., 5s) Woolworths (S, Africa, 5s) 1 8 9 1 9 6 2 9 0 2 12 0 MiningNew Broken Hill (5s) 2 0 0 — Kameri (£1) •• •• — 1 5 0 Ngahere (£1) .. •• 0 11 6 • Unofficial List— Ross and Glendining 2 5 3 2 6 0 A. and T. Inglis .. Otago Farmers' Co-op. 0 16 0 2 6 (ord.) Otago Farmers’ Co-op. (pref.) .. .... • • Otago and Southland 6 6 - 0 19 0 2 .Finance 3 0 — Whakatane Paper Mills ’ 6 3 Mack. Caley Phoenix 1 18 6 — Snowhite Laundry .. 0 17 3 — Barningham and Co. .. Coulls Somerville and 0 5 0 8 6 Wilkie 1 6 0 1 F.A.ME. (ord.) .. .. Financial Services Deb. 0 16 6 100 0 0 Stock —