MODERATE BUSINESS
Commerce
FURTHER ADVANCE IN SELECTED ISSUES Business was moderately good on the Stock Exchange yesterday and the gains made on the previous day were consolidated with selected issues advancing still further. Buyers came in more solidly after the announcement of Dominion Fertiliser’s 6 per cent, dividend* and advanced their offer another Is to close at 28s (buyers) and 31s (sellers). Macduffs and National Bank of New Zealand did no more than hold their respective gains, the former being quoted at 10s 3d (buyer) and 10s 6d (seller), and the bank shares at 59s Gd and 60s 6d, buyer and seller. Whitcombe and Tombs had business at 22s 6d, the last sale price, the < market finishing at 22s (buyer) and 22s 9d (seller). Ballin's Brewery were wanted from two to three-quarters of the room, but New Zealand Breweries were easy, with buyers distant.
Auckland. —Sales: 2J p.c. Stock, 1953 (£5500) £.98 15s; 3 p.c. Stock, Dec., 19535G (£200), £IOO 17s 6d; 3 p.c. Stock, 1957GO (£800), £IOO 18s 9d; 3 p.c. Stock, 196063 (£410), £99 15s; Auck. City. 1956, 3$ p.c. (£400), £101; Amal. Brick (Auck.), 1954-59, 5 p.c. (£500), £lO3 17s 6d; Fukemiro (3253), £2 7s Gd; Nat. Insce. (300), £1 Is; NZ Insce. (100). £4 12s Gd; Union Steam, pref. (900), £1 9s; Kaiapoi (150), £1 6s 6d; Amal. Wire., rts. .(57), 4s 3d; BHP (50), £2 8s 9d; Consol. Brick (200), 10s; Dunlop, NZ, pref. (300), £1 0s 6d; Macduff's, pref. (100). £1 7s; Reid Rubber, pref. (150) £1 Is 6d; Wlwrths., NZ (100), £1 4s Id;'Wlworths., Syd. (200), £1 2s; Martha (200), 3s 6d. Unlisted stock: Hellabys (50), £3; Whaka. Bd., pref. (200), £1 Is. Wellington.—Sales: Macduffs, Ltd. (500), 10s sd; Sharland, ex div. (50), £2 9s; 21 p.c. Stock, 1953 (£10,000). £9B 15s; 3 p.c. Stock, 1952-55 (£500), £IOO ss; 3 p.c. Stock, Dec., 1953-56 (£1000), £101; 3 p.c. Stock, 1955-58 (£1000), £IOO 10s; 3 p.c. Stock, 1956-59 (£500), £99 17s 6d; 3 p.c. Stock, 1957-60 (£1365). £lOl 2s 6d; Nat. Bank of NZ (100). £3; Equitable Bldg., cont., cum div. (100), 19s 3d; Dunlop, NZ, pref. (200), £1 0s 6d; Mt. Morgan (450), 8s 2d. Unlisted stock: Whaka. Bd. Mills, pref. (200), £1 Is. Christchurch. —Sales: 5 p.c. Stock, 195558 (£250), £IOO 10s; 3 p.c. Stock, 1962-64 (£650), £IOO 7s sd; Brit. Tobacco, rts. (14), 4s; BHP (50), £2 8s 6d; Wlwrths., Ltd. (200), £1 2s 2d. Sales reported; NZ Insce. (100), £4 12s 6d; Dalgety and Co. (1100), 9s 9d; Feltex, rts. (300), 6s 9d; Kaiapoi Wool (150), £22 6s 7d; Brit. Tobacco, rts. (53), 4s 3d; Farmers’ Trading (100), £1 19s 6d; Whitcombe and Tombs (500) £1 2s 6d; Dunlop, NZ, pref. (100), £1 0s 6d.
Invercargill.—Sales reported; 3 p.c. Stock, 1952-55 (£500), £IOO 2s 6d; 3 p.c. Stock, 1955-58 (£500), £IOO 7s 6d; Colonial Sugar (4), £54; Otago Daily Times (100), £2 9s.
Sydney.—Sales: Bank NSW, £39 7s 6d; Tooheys, £1 13s 9d; Tooths, £3 18s; United Insce., £l6 ss; Assoc. News, 16s 9d; Anthony Hordtem, £1 5s 3d; Bradford Cotton, £2 3s; Brit. Tobacco. £2 6s; Colonial Sugar, £59 15s; Feltex, £1 19s 9d; Goldsbro. Mort, £1 13s 6d; Lustre, £1 16s 9d; Mort’s Dock, £1 4s; Wilcox Mofflin, 17s; Yarra Falls, £3 2s; Broken Hill Pty., £2 12s 6d; Drug Houses, £2 0s 6d; General Industries, £1 11s 9d; Morris Hedstrom £2 10s; Wlwrths., £1 3s 9d; Oil Search, 5s Bd.
DUNEDIN £ s. d Sales Reported— Woolworths, Ltd. (300), late .. 1 2 3 Whitcombe and Tombs (500) .. 1 2 b Woolworths, NZ (200) 1 4 Martha Gold (300) 0 3 6 Chch. Draih. Board 41 p.c., June 30, 1965 (£500) 111 0 u Union Bank (50) !) 12 6
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https://paperspast.natlib.govt.nz/newspapers/ODT19490512.2.111
Bibliographic details
Otago Daily Times, Issue 27078, 12 May 1949, Page 9
Word Count
620MODERATE BUSINESS Otago Daily Times, Issue 27078, 12 May 1949, Page 9
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