LESS RESTRAINED
Commerce
INTEREST OF BUYERS DUNEDIN STOCK EXCHANGE Interest was well maintained on the Dunedin Stock Exchange yesterday, and less restraint was displayed by buyers, as was shown by their' quotations. Bank of Australasia were sold higher at £lO, and Commercial Bank of Australia at 22s 9d. Insurance issues were sought at hardening rates without attracting genuine sellers. Woolworths, Ltd., relaxed a few pence to close lower at 21s 3d (buyer) and 21s 6d (seller), but Woolworths, New Zealand, moved in the opposite direction, the buyer advancing his offer by 3d to 24s 6d.
Auckland.—Sales: 3 p.c. Stock, Dec., 1953-56 (£2000), £lOl 2s 6d; 3 p.c. Stock, 1961-63 (£4300), £IOO 10s; Com. Bk. of Aust. (200) £1 2s 9d; Bank of NSW (4), £35 17s 6d; Dom. Brew. (200), £3 8s; NZ Insce. (50), £4 15s 6d; FAC, £5 (50), £7 ss; Bond’s Hosiery (200), £2 8s 6d; Feltex, Aust., rts. (309), 7s; Brit. Tobacco, rts. (14), 4s sd; Dunlop NZ, pref. (300), £1 0s 9d; Farm. Trad. (100), £1 19s 6d; Fletchers (100), £1 11s; Forest Prod. (1300), 5s 3d; Forest Prod., pref. (100), 12s 2d; Forest Prod. (100), 12s 3d; NZ Nwsprs. (60), £2 10s 6d; Wlwrths., NZ (1300), £1 4s 9d; Wlwrths., Syd. (300), £1 Is sd. Unlisted: Korma Text., ord. (500). 17s; Korma Text., pref. (400), £1 Is 6d. Wellington.—Sales: 3 p.c. Stock, 1951-54 (£380), £IOO 12s 6d; 3 p.c. Stock, Dec., 1953-56 (£200), £101; 31 p.c. Stock, 195760 (£300), £102; Christchurch Gas (100), £1 ss; NZ Insce. (150), £4 15s; BHP, ex div. (100) £2 7s 9d; Brit. Tobacco, rts. (100), 5s 6d; 3 p.c. Stock, 1953-56 (£900), £99 15s; 3 p.c. Stock, 1955-58 (£300), £IOO 10s; 31 p.c. Stock, 1957-60 (£2000), £lOl 17s 6d; Christchurch Gas (300), £1 ss; Natl. Mort., A (220), 8s 6d; Feltex, Aust., rts., Syd. reg. (50), 7s; Feltex, Aust., rts., Melb. reg. (100), 7s; Acetone Weld., pref. (400), £1 3s 9d; Claude Neon, NZ (62), £2 9s 6d; Dunlop, NZ, Ltd. (20), 18s 6d; Wlwrths., Ltd. (100). £1 Is 6d. Christchurch. —Sales: 3 p.c. Stock, 195558 (£500), £IOO 10s; Feltex, rts., Syd. reg. (250), 7s; Wlwrths, NZ (200), £1 4s 9d; Feltex, rts., Melb. reg. (109), 7s. Sales reported: Christchurch Gas (300), £1 ss; NZ Farm. Co-op. (500), 12s 6d; G. J. Coles (50), £3 11s; Feltex, rts., Melb. reg. (300), 7s; NZ Guar. Corp. (1000), 5s 7d.—— Unlisted: Korma Text., pref. (400), £1 Is 6d. Sydney.—Sales: Comm, of Syd., £24 6s; Natl., 12s 6d pd., £1 0s ljd; Natl., £1 pd., £1 12s 9d; Bank of NSW, £39; Tooheys. £1 12s 6d; Tooths, £3 16s 3d; Queensland Insce., £4 9s 3d; Assoc. News, pref., £1 0s Gd: ACI, £2 lls 6d; BHP, £2 7s 6d; David Jones, £2 19s; Dunlop, £2; Feltex, £2; Hadfields, 13s; Anthony Hordern. pref., £1 6s lid; Burns Philp, £3 13s 6d; Claude Neon, £1 17s; Col. Sugar, £57 15s; Electro. Zinc. £3 2s 6d; General Indust., £1 lls 3d; Goldsbro. Mort, £1 16s 3d; Mort’s Dock, £1 4s; Wlwrths., £1 3s 3d; BH North, £3 Is 6d; New BH, £1 12s: Wellington, 2s 3d; Oil Search, Gs'ld; Placer Devel., £6 Bs.
DUNEDIN £ s. d. Sales Reported— 3 p.c. Stock, 1955-58 (£200) .. 100 10 0 Bank of Australasia (20) .. .. 10 0 0 Comm. Bank, late (200) .. .. 1 2 9 USS Co., pref. (950) .. .. .. 1 9 0 Comm. Bank (100) .. .. .. 1 2 9 Whitcombe and Tombs (200) .. 1 2 6
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https://paperspast.natlib.govt.nz/newspapers/ODT19490526.2.110
Bibliographic details
Otago Daily Times, Issue 27090, 26 May 1949, Page 9
Word Count
576LESS RESTRAINED Otago Daily Times, Issue 27090, 26 May 1949, Page 9
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