BUSINESS QUIET

Otago Daily Times, Issue 27387, 12 May 1950, Page 8

BUSINESS QUIET

Commerce

Few Sales Recorded DUNEDIN STOCK EXCHANGE The first reported sales of long-dated New Zealand Government Stock for almost tnree weeks were registered on the Dunedin Stock Exchange yesterday, but no further buyers were offering for other than the two 4 per cent, short-dated issues. Business was again quiet, and was limited to six deals. Commercial Bank preference eased on the selling quotation to close £9 7s 6d offered and £9 12s 6d asked, and Felt and Textiles of New Zealand ordinary were easier to buy, the seller quoting'“at 395. Huddart, Parker ordinary narrowed to 52s (buyer) and 54s (seller), and there was a further sale of the preference issue steady at 27s 3d. Colonial Sugar, quoted on an ex dividend basis, had a morning market’ of 63J offered, 65) asked. Wilsons Cement, " cum ’’ 4d dividend, were on offer at 18s 3d, the buyer offering 17s 9d. The “ rights ” to Woolworths, Ltd., improved to sales at 13s Bd.

Auckland.—Sales: 3 p.c. Stock, Dec., 1953-56 (£500), £IOO 10s; 3 p.c. Stock, Julv, 1962-64 (£2200), £99 7s 6d; 3 p.c. Stock. Aug., 1951-54 (£725), £IOO ss; 3J p.c. Stock, Sept., 1957-60 (£5000), £101; 3) p.c. Stock, Jan., 1953-57 (£200), £lOl 10s; Alt. Gas, 10s (1500), 9s lid; NZ Insce. (100), £5 8s; Taupo Totara (100). £1 7s; Booth-Mac., pref. (200), 14s 6d; BHP (50), £2 7s 6d; Bycroft (133), £3; Coles (300 k 19s 3d; G. Court (535), £2 10s; Fletchers (200), £1 13s 9d; McKenzies (200), £3 ss; Phillips Impey (100). £3 16s 6d; W’wths, Svd., rts. (100), 13s 6a; W’wths. Syd., rts. (50), 13s 9d; Mt. Lyell (200). £1 Is lOd. Unlisted Stock: Pacific For. (200), 3s 3d. Wellington.—Sales reported: Elec. Zinc,' ord. (300), £3 11s; Coles (300). 19s; NZ For. Prod. (700), 6s-sd; W’wths, Syd., ex (100), £1 3s 6d. Sales: 3 p.c. Stock, 1962-64 (£2200), £99 7s 6d; Bk. A’sia (25), £9 18s 6d; Bk. NSW, ex (6). £4l 2s 6d; NZ Guarantee (600), 5s sd; Trades Fnce., cont. (500), 11s; Coles (500). 19s; BHP, ex div. (100), £2 7s 9d; H’stein Bros. (100), £1 10s 6d; Humes, ex rts. (100). £1 12s; McKenzies (250, 2 sales), £3 ss; NZ For. Prod. (100), 6s 6d; W’wths, Syd., ex xrts. (200), £1 3s 6d; W’wths, Syd., rts. (200), 13s 4d; W’wths. NZ (500, 3 sales), £1 6s; Mt. Lyell (100), £1 2s. Unlisted Stock: G: (50), £2 15s; Truth, NZ. pref. (500), 18s 3d. Christchurch.—Sales: Coles (300), 19s 3d; Macduff's (246, odd), 11s lid; McKenzies (50), £3 ss; W’wths. rts. (50), 13s 6d. Sales reported: Bk. NSW (6), ex div.. £4l 2s 6d; Ballins Brew. (200), £1 11s; Ch’ch Gas (200), £1 4s 6d; Natl. Mort., A (100), 8s 9d; Taupo Totara (100), £1 7s; Bycroft (133), cum div. £3. Sale reported: McKenzies (150). £3 5s 6d. Invercargill.—Sale reported: J. J. Niven (100), £2 ss. Sydney.—Sales: Natl., 12s 6d pd.. £1 4s; NSW, £4B 12s 6d; Comm, of Syd., £26 12s; Tooths, £4 13s 3d; Tooheys, £1 18s 6d; Assoc. News, 16s; ACI, £2 15s 3d; ACI bonus issue, £2 13s 9d; BHP, £2 14s; BH, cont., £2 8s 6d; Col. Sugar, £7l 15s; Elec. Zinc, £4 Is 3d; Felt Text., £2 8s 6d: Gen. Indust., £1 19s; Coles, £1 Is 9d; Morts Doc, £1 7s 6d; W'wths, £1 6s 4)d; Brit. Tobacco, £2 13s 9d; Drug Houses, £2 Is 9d; Goldsbrough, £2 ss; H. Jones, £3 12s 6d; H. Smith, £1 6s 3d; Yarra Falls, £3 10s 6d; Mt. Lyell, £1 5s 6d; BH, New. £1 ’ 12s 6d; BH Nth., £3 18s 6d: Mt. Morgan, £1 3s; Kuala Kampar, £1 2s 6d; Oil Search. 4s lOd; Placer Dev.. £6 7s 6d.

DUNEDIN Sales on ’Change— £ s. d. Dalgety and Co. (150) .. . . 0 10 0 G. J. Coles and Co. (400) .. . 0 19 0 Sales Reported— Huddart, Parker, pref. (200) . . 1 7 3 3 p.c. Stock, 1963-65 (£800) . . 99 10 0 3 p.c. Stock, 1961-64 (£315) . . 99 10 0 Woolworths, rts. (75) 0 13 8