RECENT GAINS HELD
Commerce
Insurance And Mortgage Shares COLONIAL SUGARS FIRM National Insurance and National Mortgage A shares held their recent gains when they were again traded on the share market yesterday, and the demand for both investments kept buyers forward at the close of business. After reported business G. J. Coles sold a penny cheaper at 25s Bd, and were closely quoted at the finish, but the Woolworth issues were neither competitively sought nor offered, and closed wide. Kaitangata Coals, in better demand, encouraged a higher ofTer. Colonial Sugars, in obedience to the Australian trend, firmed to reported business at £63 5s per £2O share and closed with £1 separating buyer and seller at £63 and £64 respectively. Australian mining scrip was quieter, with most interest centring in Mount Lyells and Mount Morgans, but in neither case was the quotation conducive to business. DUNEDIN £ s. d. Sales on ’Change— G J. Coles and Co. (100) .. 15 8 G. J. Coles and Co. (100) .. 15 8 Sales Reported— South British Insurance (100) 417 6 National Mortgage A (500) .. 0 8 4 G. J. Coles and Co. (200) .. 1 5 9 Colonial Sugar, late (10) •• 63 5 0 National Insurance (200) .... 1 5 J Unlisted StockMackintosh Caley Phoenix. cont. (300) .... 013 0 Auckland. —Sales: 3 p.c. Stock, 1952-55 (£2350), £99 17s; 3 p.c. Stock, Dec., 1953-56 (£840), £IOO 7s 6d; 3 p.c. Stock, Feb., 1955-58 (£400). £99 15s; Mt. Eden B.C. 44 p.c. Stock, Apl., 1956-61 (£300), £lO4 15s; Natl. Bk.. NZ (110). £3; Bk. NSW (14), £4O; Ak. Gas, 10s (1400), 9s lid; Ak. Gas. 5s pd. (343), 4s 6d; Trad. Finance (500), 18s 9d; Wright, Steph. (100), £2 12s; Natl. Mtge., A (500), 8s 4d; Feltex, NZ, pref. (200), £1 4s; Col. Sugar (15), £63 2s 6d; Elec. Zinc., pref. (50). £3 6s; Fletchers (100), £1 12s 6d; G. Court (200), £2 10s; Hill and Plummer (100), £2 2s; Macduff; iiOO), 8s 7d; Macduffs, pref. (300), £1 7s; MK Mfrs. (945). 13s 9d; NZ Drug (150), £5 10s; For. Prods. (135), 6s 2d; Mt. Morgan (100), 16s 9d. Unlisted Stock: Tivoli Theatre (700). 8s 3d.
Wellington.—Sales reported: 3 p.c. Stock, 1955-58 (£1000), £99 15s; Ballins Brew. (300), £1 9s; BHP (500), two sales, cum. div., £2 6s 9d; Col. Sugar (15). £63 2s 6d; Col. Sugar (20), £63 ss; Coles (200), £1 5s 9d; Mt. Morgan (500), 16s 9d.- —— Sales:'3 p.c. Stock, Dec., 1953-56 (£500), 2, £IOO ss; 3 p.c. Stock, 1956-59 (£1000). £IOO 12s 6d; 3 p.c. Stock, 1957-60 (£530), £IOO ss; 3 p.c. Stock, 1960-62 (£500), £IOO 10s; Bk. NSW, £4O; Union Bks. (30), £9 16s; NZ Refrig. (500), £1 19s 6d; Natl. Insce. (200), £1 5s 3d; Beath and Co., ex div. (300), £2 10s 6d; Coles (200), £1 5s 9d; Coles (300). £1 5s 6d; Macduffs (800), two sales, 8s 9d; Macduffs, pref. (100), £1 6s 9d; Natl, Reliance (200), Us 7d; Skellerup, pref. (150), £1 Is 6d; W. Cable (400). two sales, £1 15s; Wwths, Syd., cum rts. (405), two, £1 6s Id;
Christchurch. —Sales on ’Change.—3 p.c. Stock, 1956-59 ( 200), £IOO 15s; NZ Brew. (100), £2 9s 6d; Fletcher Hold. (100), £1 12s 6d; Coles, cum bonus issue (200), £1 5 S 6d. Sales reported: Wanganui Harb 41 p.c. Stock, Apl., 1955 (300). £104; Nap Harb. 41 p.c. Stock, Sept., 1971 (300), £IOB 10s; Bk. NSW (10). £4O; Beath and Co (200), £2 10s; Fletcher Hold. (100), £1 12s 6d; Fletcher Hold. (300), £1 12s 6d; Skellerup Indust., pref. (250), £1 Is 9d. Sydney.—Sales: NSW, £4B; Comm. Syd., £26 15s; Tooths, £4 7s 93; A. Hord., £1 4s 7ld; ACI, £2 14s 3d; Assoc. News, 16s; Assoc. News, pref., 19s 7Jd; Hud., Parker, £2 18s; I?HP, £2 14s 6d; BH, cont., £2 3s; Col. Sugar, £72 15s; D’lop, £2 2s 3d; Felt Text., £2 9s 9d; Gen. Indust., £1 16s 6d- Coles, £1 8s; Goldsbrough, £2 ss; Hadfields, 14s; Kandos, £2 5s 6d: Morts Dock £1 Is; Wilcox Moff., 17s 7Jd; W’wths £1 10s; Brit. Tobacco. £2 14s 3d; Bums, Philp. £4 10s 6d; H. Smith, £1 6s; Stedman, £1 10s; Yarra Falls, £3 10s 6d; Mt. Lyell, £1 4s; BH Nth., £3 17s 6d; BH Sth., £2 9s 9d; Rawang, 5s sd.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19500405.2.151
Bibliographic details
Otago Daily Times, Issue 27357, 5 April 1950, Page 9
Word Count
710RECENT GAINS HELD Otago Daily Times, Issue 27357, 5 April 1950, Page 9
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.