EXTREMELY QUIET

Otago Daily Times, Issue 27025, 9 March 1949, Page 7

EXTREMELY QUIET

Commerce

STOCK EXCHANGE BUSINESS

GOVERNMENT LOANS SOLIDLY SUPPORTED

The quotation for Felt and Textiles of New Zealand preference “ rights ” tightened to 2s 6d (buyer) and 2s lOd (seller) on the afternoon call-over of the Dunedin Stock Exchange yesterday, but no deals were made in spite of the advance of 8d represented in the buying quota-' tion. A seller of Mosgiel Woollen shares appeared at £ls ss, but the usually consistent buyer was not in evidence. Government Loans were solidly supported and contributed the main turnover with sales of £I4OO only In two lines. A sale of Dominion Rubber at 8s was Is below tlie last reported sale, which was made in July last at 15s, and buyers were still seeking at the close of the market. Business remained extremely quiet with practically no movement discernible in prices. DUNEDIN £ s. d. Sales Reported— Dominion Rubber (150) .. .. 0 8 0 3 p.c. Stock, Dec., 1953-56 (£500) 100 10 0 3 p.c. Stock, 1957-60 (£600) .. 100 5 0 Auckland.—Sales: 2} p.c. Stock, Oct., 1953 (£1870), £9B 10s; 3 p.c. Stock, 195154 (£600), £100; 3 p.c. Stock, Dec., 195356 (£300), £IOO 7s 6d; 3 p.c. Stock, 1957GO (£520), £IOO ss; 3 p.c. Stock, 1962-64 (£400), £99 12s 6d; 4 p.c. Stock, 1952-55 (£1680), £lO3 ss; Dorn. Brew. (1000), £3 5s 6d; NZ Brew. (50), £2 8s 3d; FAC, £5 (40). £7 10s; Wright, Steph. (100), £2 Is 9d; Bruce Wool (100), £2 2s; Feltex, NZ, pref.. rts. (100), 2s sd: Berlei NZ (100), £1 6s; Dunlop NZ (300), £1 Is; Farm. Trad. (300), £1 19s; Fletchers (100), £1 9s; Hume Pipe, Aust. (100). £1 8s Id; NZ Drug, cum div. (Ill), £5; W’wths, Syd. (200), 10s 4d; W’wths. (500), £1 0s 3d.—Unlisted stock: Tip Top, pref. (400). £1 5s 6d; Reid Rubber, pref., £1 (100), £1 Is 6d.

Wellington.—Sales reported: Dorn. Brew (64), £3 5s 6d; Macduffs, Ltd., cum div. (100), 10s lid; KPNZ Drug (111), £5; Woolworths, Ltd., cum div. (200), £1 0s 4d.—Sales: 31 p.c. Stock, 1957-60 (£515), £lO2 10s; NZ Brew. (164), £2 8s 2d; NZ Brew. (150), £2 8s 6d; NZ Brew. (58), £2 8s 3d: Wellington Gas (100), £1 10s; Feltex, NZ, rts. (225), 2s 3d; Dorn. Brew. (250), £3 5s 6d. Christchurch.—Sales: 3 p.c. Stock, 196264 (£370), £99 10s; Emperor Fiji (100), 3s.—Sales reported: 3 p.c. Stock, 1955-58 (£2030), £99 15s; NZ Farm. Co-op., A pref. (152), £4 15s: Feltex, NZ, rts. (70), 2s 3d; Feltex, NZ, rts. (100), 2s sd; Feltex, NZ, rts. (160), 2s 4d; Kaiapoi Wool, pref. (100), £1 6s 9d.—Unlisted stock: Amal. Batteries (100). £1 2s 6d; Christchurch Press (73), £l3. Sydney.—Sales: Bank NSW. £3B 17s 0d; Nat.. 12s 6d; Nat., paid, £1 0s 6d: Tooheys. £1 16s ljd: Tooths, £3 19s 3d; Assoc. News. 17s 4Jd; Assoc. News, pref., £1 Is Gd; ACI. £2 15s 9d; Bradford Cotton, £2 2s sd: Brit. Tobacco, £2 9s; Brok. Hill Prop.. £2 5s 7d: Col. Sugar. £6l 10s; Anthony Hordern, £1 ss: Aus. Paper, £1 11s 4jd; Electro. Zinc, £3 19s; Gen. Indust., £1 12s; Kandos, £2; Wilcox Moft., 17s Brok. Hill, new, £2; Brok. Hill North, £3 18s; Oil Search, Rs 6d; Mt. Lyell. £1 5s Gd, Rawang, Gs 3d.