LIGHT TRADING

Otago Daily Times, Issue 27091, 27 May 1949, Page 7

LIGHT TRADING

Commerce

PRICES WELL MAINTAINED REDUCED STOCK TURNOVER Light trading was experienced on the Stock Exchange yesterday, but prices were well maintained on a reduced turnover. Mosgiel Woollens were unchanged at £l4 5s (buyer) and £ls (seller) after the announcement that the company intends issuing its unissued capital at a premium of £6 A. share, and will subdivide its shares into £1 units paid to 16s. Dunlop, New Zealand, ordinary, which have been quiet and easy, were supported by buyer interest, which carried the v offer up 9d to 18s 6d, the seller holding at 19s 6d. Woolworths, Ltd:, were reported sold lower at 21s 6d, but the New Zealand company made no concession. Brewery issues were easier on quotations, but no business was written in the section.

Auckland.—Sales: 3 p.c. Stock, Dec., 1953-56 (£200), £lOl 2s 6d; 3 p.c. Stock, 1957-60 (£400), £99 12s 6d; 3 p.c. Stock, 1960-63 (£5000) £99 17s 6d; 3 p.c. Stock, 1962- (£5000), £IOO 10s; 3pA Stock, 1963- (£500), £IOO 10s; A. B. Williams, pref. (£350), £92; Dom. Brew. (30), £3 8s; Auck. Gas (400), 8s 6d; Nat. Ins. (400), £1 Is 4d; Nat. Ins. (250), £1 Is sd; NZ Ins. (100) £4 15s 9d; S. Brit. (200), £4 7s 6d; Newton King (300), 4s 3d; Feltex, A rts. (183) 7s; Brt. Tobacco, rts. (909), 4s; Auck. Laundry. (600), 14s 4Jd; Macduffs, pref. (350), £1 7s; Forest Prods. (200), 5s 3d; Forest Prods., pref. (200), _l2s .3d, Sandford, pref. (100), £1 6s®d;_ Wlwrths., Syd. (300), £1 Is 3d; Wlwrths., Syd. (300), £1 Is sd. Unlisted stock: Korma ord., (100), 17s; Ross Glend. (300), £2 10s. Wellington.—Sales reported: 3 p.c. Stock,, 1957-60 (£400), £99 12s 6d; NZ Brew. (50), £2 5s 6d; Feltex, Aust., rts., Melb. reg. (187), 6s 8d; Feltex, Aust., rts. GOO), 7s; Feltex, Aust. rts. (100), 6s 10Jd; Elect. Zinc, pref. (50), £2 18s 6d; Macduffs pref (250), £1 7s; Wlwrths., Ltd. (300), £1 Is 3d; Dunlop, NZ, Ltd., pref. (300), £1 Os 9d. —; —Unlisted stock: Korma Text., pref. (600 i, £1 Is 4id. Sales: 3 p.c. Stock, 1963-65 (£250), £IOO 10s; 31 p.c. Stock, 1957-60 (£500), £lOl 17s 6d; Natßank NZ (100), £3; Nat. Bank (50), £3, NZ Ins. (100), £4 15s; Feltex, NZ, pref. (1500), £1 4s 6d; Acetone Weld., prei (100), £1 3s 9d; Brit.' Tobacco, rts. (157). 4s; Wlwths., NZ. Ltd. (200), £1 4s 8d; Wlwrths., NZ. Ltd. (100), £1 4s 7d; Wlwtrhs., NZ, Ltd. (100), £1 4s 6d.— Unlisted stock: Matea Forests (295), 3s, Korma, Text., ord. (100), 17s. Christchurch.—Sales: 3 P- c -, s tc ck * 58 (£290), £IOO 10s; 3 p.c. Stock, 1957-60 (£400), £99 15s; Feltex. Syd.. rts. (144), 7s- Amalg. Wireless, rts. (231), 6s.—— Unlisted stock: Andrews and Beaven, pref. (100). £1 3s. Sales reported: 3 P-P. Stock 1962-64 (£5000), £IOO iOs; Nat IM. (500), late Wed., £1 Is sd; NZ Farm. Co-op. (200), 12s 6d; Feltex, rts. (187). late wed., 6s 9d; Feltex, rts., Melb. reg. (25), 7s Id; Beath and Co. (200), £2 9s; Brit. T°bacco, rts. (14), 4s v 3d; WhltPombe and Tombs (200), late Wed.. £1 2s 6d. Unlisted stock: Beaths (is pd.),,195; Korma Text., pref. (600), late Wed., £1 Is 6d, Regent Theatre, Chch. (150), 12s. Invercargill.—Sales 1 reported': Electro. Zinc, ord. (31), £2 18s 6d; Electro. Zinc, pref. (50), £2 18s 6d; Beaths (200). £2 9s; Wlwrths., NZ (100), £1 4s 9d. Sydney.—Sales: NSW, £3B 10s; Comm, of Syd., £24 6s; National, 12s 6d pd., £1; Anthonv Hord., £1 3s 3d; ACI, £2 11s 9d; BHP, £2 7s 9d; Col. Sugar £56 10s, Drug Houses, £1 18s ljd; Feltex, £2, Goldsbrough, £1 16s: How. Smith. £1 Is 6d; Mort’s Dock. £1 4s; Wlwrths., a. 1 3s lid; Brit. Tobacco, £2 6s; Mt. Lyell, £1 Is 9d; BH, new, £1 10s 3d; Oil Search, 6s 2d.

DUNEDIN £ s. <3. Sales Reported— ICI, pref. (500) Whitcombe and Tombs, late 1 2 9 (200) 1 2 6 Woolworths, Ltd. (100) Felt, and Text., Aust., rts., 1 1 6 late (38). 0 7 3