UNUSUAL MOVE

Otago Daily Times, Issue 27082, 17 May 1949, Page 7

UNUSUAL MOVE

Commerce

QUOTATION TEMPORARILY SUSPENDED DIG ORDINARY SHARES Awaiting clarification of a reported bonus.issue of shares from DIC, Ltd., quotation of the ordinary shares was suspended on the Dunedin Stock Exchange yesterday for the protection of possible sellers who are expected to be informed by mail this morning of the terms and extent of the issue. The preference shares will not participate, and the usual buyers offer of 27s was registered. Felt and Textiles of Australia “ rights ” were traded for the first time, the deal being at Bs, with a further sale at 7s 6d reported on the afternoon call. " Rights ” to British Tobacco were firmer and closed at 4s 6d (buyer) and 6s (seller). National Insurance firmed to sales at 21s 3d and closed at 21s 2d (buyer) and 21s 6d (seller). Quoted '' ex ” the annual dividend, Dominion Fertiliser had a market of 27s 6d and 28s 6d, buyer and seller. The buyer of Coulls Somerville Wilkie raised his bid 3d to 34s 3d, with no seller. DUNEDIN

iuan,t* jl ujww \ iuv / « • • • * • u « Auckland.—Sales: 2J p.c. Stock, 1953 (£500), £9B 15s; 3 p.c. Stock, 1956-59 (£300), £99 17s 6d; 3 p.c. Stock, 1962-64 (£200), £IOO 7s 6d; 4 p.c. Stock, 1952-55 (£910), £lO4 ss; Auck. Harb., 1959. 44 p.c. (£500), £lO9 10s; Auck. City, 1967, 34 p.c. (£300), £lOl ss; Nat. Insce. (700), £1 Is 3d; NZ Insce. (100), £4 13s; Sth. British Insce. (250), £4 7s 9d; DIBA (250), £1 4s; Nth. Auck. Fmrs., B pref. (300), 16s; Union Steam, pref. (291). £4 12s; Feltex, Aust., rts. (139), 7s 9d; Feltex, Aust., rts. (50), 8s 3d; Brit. Tobacco, rts. (99) 5s 3d; Col. Sugar (8), £53; Farm. Trad. (100), £2; Forest Prods. (500), 5s 3d; Reid Rubber, pref. (200). £1 Is 9d; Wlwrths., NZ (100), £1 4s 2d; Wlwrths., Syd. (100), £1 2s. Unlisted: Tip Top, ord. (500), £2 14s. Wellington.—Sales: 3 p.c. Stock, 1960-63 (£1135), £99 15s; Comm. Bank of Aust. (100) £1 2s 3d;» 3 p.c. Stock, 1957-60 (£400); £99 12s 6d; NZ Breweries (100), £2 7s 6d; Wgtn. Insce. (200), £1 Is 3d; Equitable Bld&, ex div. (200), £1 18s; Feltex, Aust., rts. Melbourne register (450). 7s 6d; Feltex, Aust., rts., Melb. reg. (125), 7s 9d; Feltex, Aust., rts., Melb. reg. (267). 8s; Feltex, Aust., rts., Syd. reg. (96), 8s; Brit. Tobacco, rts. (154), ss; Whitcombe and Tombs (1000), £1 2s 6d; Macduffs, Ltd. (200), 10s 7d. Christchurch.—Sales: NZ Breweries (100), £2 7s 6d; NZ Farm. Co-op. 4J p.c., 1959 (£100), £lO2 7s 6d; Feltex, rts., Melb. reg. (125), 7s 2d; Wlwrths., Ltd. (200), £1 2s 2d; Ngahere (400), 3s 6d. Sales reported: 3 p.c. Stock, Dec., 1953-56 (£1000), £101; Comm. Bank of Aust. (100), £1 2s 3d; NZ Breweries (100), £2 7s 6d; Feltex, rts. (100), 7s 6d; BHP (100), £2 8s 6d. Invercargill.—Sale reported: Comm. Bank (100), £1 2 S 3d. Sydney.—Sales: Comm..of Syd., £24 7s; Natl., 12s 6d paid £1 0s 6d; Bank of NSW, £39 15s; Tooheys, £1 13s 7Jd: Tooths, £3 17s_. 6d; Mercantile Mutual, £2 17s 6d; Assoc, News, 17s pref., £1 Is; ACI, new, £2 13s 6d; Berlel, £2 10s 6d; BHP, £2 13s 3d; Burns Philp, £3 13s 9d; Col. Sugar, £SB 7s 6d: Feltex £2 Is 3d; Aust. Paper, £1 11s ljd; Brit. Tobacco, £2 6s 9d; Dunlop, £2 Is 6d; Wlwrths., £1 3s 9d; Broken Hill, new, £1 13s; Broken Hill South, £2 2s; Oil Search, 5s 9d.

£ s. d. Sales on ’Change— Felt and Text, of Aust., rts. (25) 0 8 0 Woolworths, Ltd. (200) .. .. 1 2 2 Woolworths, N.Z. (200) .. .. 1 4 2 Sales Reported— National Ins., late (200) .. ,. 1 1 3 Felt and Text, of Aus., rts. (100) 0 7 6 Unlisted Stock— Matea Forests (400) 0 2 10