RENEWED INTEREST
Commerce
New Zealand Breweries DUNEDIN STOCK EXCHANGE A good level of trading, particularly for the opening day of the week, was achieved on the Dunedin Stock Exchange yesterday. A renewed enthusiasm for New Zealand Breweries held them firm at 48s 6d in contrast to a decidedly weakening trend in the last trading period, and a total of 350 shares were taken. New Zealand Insurance were reported sold at £5 Bs, and more were offering, but other insurance issues were quiet. Kaiapoi Woollen were dearer at 28s 9d and closed with buyers and sellers straddling the sale figure with 3d margins. The current weakness in Milburn Limes brought the selling price to 35s Gd, an odd Jot changing hands, and the market closed with buyers and sellers ranged Gd on either side. Donaghy's Rope were quoted at 63s (buyer) and 64s 3d (seller) after the circulation of the balance sheet, and'Mount Morgan stepped to a higher level—buyer 20s lOd. seller 21s Id—on the strength of the final April return which was of record proportions.
u iinsieu avucii—« NZ Motorbodies (150) .. .. 118 0 Auckland.—Sales: 3 p.c. Stock, Sept., 1952-55 (£300), £99 15s; 3 p.c. Stock, Feb., 1955-58 (£1280), £99 15s; 3 p.c. Stock, Nov.. 1957-60. ex int. (£10.880), £9B 15s; 4 p.c. Stock, May, 1954-58 (£2500), £lO4 10s; Ak. Gas, 10s (1750), 9s lid; NZ Insce. (100), £5 8s; Felttx, NZ (100), £1 18s 9d; BH Pty. (100). £2 7s 9d; Col. Sugar (5), £64; Con. Brick (200), £1 9s 3d; G. J. Coles (740); 19s 9d; G. J. Coles (200), 19s lid; G. J. Coles (200), £1; Geo. Court-(350). £2 10s; KDV Boxes (200), 11s 3d; MK Mfrs. (100), 13s; Morris Hedstrom (200), £2 11s 3d: Forest Prods. (500), 6s 7d; Wool worths, NZ (625), £1 6s; Woolworths Holdings (200), £1 2s 6d: Martha (350), 4s; Mt. Morgan (310), £1 Is. Wellington. Sales reported: 3 p.c. Stock, 1951-54 (£2000), £IOO ss; 3 p.c. Stock, 1955-58 (£300), £99 12s 6d; NZ Forest Prod (500), 6s 6d; 2J p.c. Stock. 1950-51 (£200), £99 10s; 3 p.c. Stock. 1952-55 (£550), £99 17s 6d; 3 p.c. Stock, Mav. 1953-56 (£500). £99 ss; 3 p.c. Stock, 1955-58 (£2075), £99 15s; 3 p.c. Stock, 1062-6-1 (£1400). £99 ss; Golds. Mort (54, odd), £2; Bk. NSW (5). £4l 2s 6d; NZ Guarantee (1038), 5s sd; Taringamutu (249), 5s sd; ACI (50), £2 9s; BH Pty., cont (100). £2 3s; Col. Sugar (6), £64 ss; Milburn Lime (150), £1 16s; Woolworths, NZ (950). £1 6s: Woolworths, Syd. (360), £1 3s 7d; Martha Gold Mines (350), 4s. Unlisted stock: NZ Motor Bodies (150), £1 18s. Christchurch. —Sales: NZ Brew. (100), £2 8s 6d; Col. Sugar (5), ex, cum rights, ■ £64 10s. Sales' reported: 3 p.c. Stock, 1952-55 (£300), £99 17s 6d; 4 p.c. Stock, 1954-58 (£2500), £lO4 10s; NZ Brew. (50), £2 8s 6d: NZ Guarantee Corp. (10P8). 3s sd: Kaiapoi Wool (35(11. S'. 1 8s 9d; Milburn Lime (338), £1 16s; Milburn Lime (112). £1 15s 6d; 31 p.c. Stock. 1957-60 (£300). £lOl. Sydney.—Sales: Comm. Bank. Syd., £26 14s; Bk. NSW. £4B 12s 6d; Tooheys. £2; Aust. Gas, A, £5 10s 6d; Assoc. News, pref. 19s 71d; Huddart. Parker. £2 19s 6ri; ACI, £2 16s; Bradford. £2 3s 9d; British Tobacco, £2 14s; Col. Sugar, £7O 12s 6d; Dunlop. £1 19 S 9d; Feltex. •• £2 9s 3d: G. J. Coles, £1 3s 3d: Henry Jones. £3 11s 6d: Selfridges. £5 6s: Woolworths. £1 6s 3d; Burns. Philp. £4 15s; BH Ptv., £2 14s 3d: BH, new. £2 8s 9d; EH, Sth.. £2 11s: Mt. Isa. £2 4s 9d.
DUNEDIN £ s. d. Sales on ’Change— NZ Breweries (200) 2 8 6 Milburn Lime and Cement (112) 1 15 6 Reported Sales — 3 p.c Stock, 1951-54 (£2000) 100 5 0 3 p.e. Stock, Dec., 1953-56 (£2750) 100 10 0 NZ Insurance (100) 5 8 0 Kaiapoi Woollen (350) .. .. 1 8 9 3 p.c. Stock, 1962-64 (£1500) .. 99 7 6 3 p.C. Stock, 1961-64 (£500) .. 99 12 6 4 p.c. Stock, 1952-55 (£355) 102 15 6 NZ Breweries (50) 2 8 6 NZ Breweries (100) 2 8 6
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19500516.2.106
Bibliographic details
Otago Daily Times, Issue 27390, 16 May 1950, Page 8
Word Count
688RENEWED INTEREST Otago Daily Times, Issue 27390, 16 May 1950, Page 8
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.