BUSINESS STEADY

Otago Daily Times, Issue 27221, 26 October 1949, Page 9

BUSINESS STEADY

Commerce

STOCK EXCHANGE SALES THREE MAIN LINES The entire “ Reported ” business on the Stock Exchange yesterday was concentrated in three stocks, byt nevertheless turnover totalled over 2000 shares and interest in all sections of the market was maintained. Macduff’s ordinary shares were steady at 12s. and following a sale of 1000 shares, a buyer was still seeking at 12s, seller at 12s 3d. Mount Morgans were reported sold at 14s Id and 14s 3d, both sales being designated " late," and the market yesterday closed 14s 2d buyer and 14s 5d seller. National Insurance were also firmer, with three transactions recorded at 23s sd, up 2d on last business, and buyers still seeking, with sellers 3d higher.

Auckland.—Sales: 3'p.c. Stock, 1953-56 (£900), £lol* Ak. Gas 4£ p.c. perp. deb. (£500), £IOO 2s 6d; Union Bk. (50), £8 15s; Korina, pref. (500), 19s 6d; Berlei, NZ (200), £1 3s 6d; Booth Mac., pref. (200), 14s; For. Prods. (200), 5s 6d; Paper Mills (100), £1 16s 6d; Reid Rub. (200), 15s; Union Oil (90), £1 14s; W’wths, NZ (200), £1 3s 7d; W’wths, Syd. (100), £1 Is sd; Martha (200), ss. Unlisted Stock: Maple Hold. (50), £2 6s- 6d; Whaka. Bd., pref. (1150), £1 Is 6d. Wellington.—Sales reported: Friday—'W’wths, Syd. (100), £1 Is sd; Macduffs (500), 12s; Mt. Morgan (400), 14s. Sales yesterday: 2£ p.c. Stock, 1953 (£5000), £99 7s 6d; 3 p.c. Stock, 1951-54 (£900), ’£loo 7s 6d; 3 p.c. Stock, 1960-63 (£250), £99 12s- 6d; Bk. NSW, cum div. (8). £37; Ballins Brew. (200), £l,los 3d; Mosgiel Wool. (400), £2 16s; Booth Mac., pref. (200), 14s; Coles (200), 18s 3d; Macduffs (500). 12s; Macduffs, pref. (100), £1 7s 6d; Vic. Laundry (502). 12s 6d; W’wths. NZ (300), £1 3s 7d; Mt. Morgan (150), 14s. Unlisted Stock: Black and White Cabs (150)’, 2s 9d; Whaka. Bd. Mills, pref. (1150), £1 Is 6d.

Christchurch. —Sales: Union Bk. of Aust. (17), £8 18s; Natl. Ins. (100), £1 3s 3d; Natl. Ins. (300), £1 3s 4d. Unlisted Stock: Matea For. (150), 2s 3d. Sydney.—Sales: ES and A Bk., £6 15s 6d; NSW, £4O; Natl., 12s 6d pd., £1 2s lid; Tooheys, £1 16s; Tooths, £3 19s; Burns, Philp, £4; Assoc. News, pref., £1 Is 3d; Col. Sugar, £63 2s 6d; D. Jones, £2 18s 6d; D’lop, £2 2s 9d; Felt Text., £2 ss; Wil. Mof., 16s 6d: W’wths, £1 4s; A. Hord., £1 4s; ACI, £2 19s; BHP, £2 8s; BH, cont., £1 5s 6d; Gen. Indus., £1 13s 6d; Goldsbro., £1 19s; Mort’s Dock. £1 6s; Mt. Lyell, £1 2s ljd; BH Sth., £2 14s 6d; Mt. Morgan, 16s 6d; Placer Dev.. £7 11s; Rawang, 6s lOd; Oil Search, 5s 9d. • j

DUNEDIN Sales Reported— £ s. d. dVIaeduffs, Ltd., ord. (1000) . . 0 12 0 Mt. Morgan (400) 14 1 Mt. Morgan (200) 0 14 3 National Insurance (459) .. . . 1 3 5