STEADY BUSINESS
Commerce
New Zealand Breweries Firmer DUNEDIN STOCK EXCHANGE Steady business was written on the Dunedin Stock Exchange yesterday, with prices generally steady. Mount Morgans were again marked up, the buyer offering 21s without attracting vendors below 21s 6d. , Further quantities of New_ Zealand Insurance were released at £5 Bs, and the first sale of Donaghy's Rope for some time was made at 645, cum dividend of Is 3d per share. New Zealand Breweries were a fraction firmer at 48s 6d (buyer) and 48s lOd (seller) after reported business at the lower figure. G. J. Coles firmed abruptly to 19s offered, 21s asked, and National Mortgage "A,” wanted at 8s lOd, and the “B ” issue, sought at 42s 9d, were very firm.
Auckland.—Sales: 3 p.c. Stock, Sept., 1952-55 (£200), £99 17s 6d; 3 p.c. Stock, Dec., 1953-56 (£950), £IOO 10s; 3 p.c. Stock. June. 1961-64, (£300), £99 7s 6d; 3 p.c. Stock, July, 1963-65 (£2100), £99 ss; Natl. Bk. NZ (100), £2 17s 6d; Ak. Gas., 10s (700), 9s lid: Chch. Gas. (125), £1 4s Gd; NZ Insce. (150). £5 8s; Feltex, NZ (250). £1 18s 9d; Korma, pref. (5001 18s 6d; BHP (100), £2 8s; Coles (100), £1 0s 6d: Gord. Gotch (10C0), £1 7s 6d; For. Prods. (300), 6s 7d; Reid Rubber (200), 15s 6d; Wlwrths., NZ (200), £1 6s: Wlwrths. Hldgs. (100), £1 2s 6cl. Unlisted stock: Assoc. Foods, pref. (200), £1 3s. Wellington.—Sales reported (unlisted stock): NZ Motor Bodies (500), £1 18s: R E. Tingey (200), £1 0s 9d. Sales: 3 p.c. Stock, 1952-55 (£200), £99 17s 6d; 3, p.c. Stock, May, 1953-56 (£300). £99 7s 6d: 3 p.c. Stock, Dec., 1953-56 (£133, 4 sales), £IOO 10s; 3 p.c. Stock, 1955-58 (£400), £99 15s; 3 p.c. Stock, 1961-64 (£300), £99 7s 6d; 3 p.c. Stock, 1961-64 (£600), £99 10s; 3 p.c. Stock, 1962-64 (£520). £99 ss; 3 p.c. Stock, 1963-65 (£2100), £99 ss; Natl Bk. NZ (100), £2 17s 6d; Natl. Insce. (100), £1 ss; Timaru Wool (125), £1 8sDiop., NZ, ord. (125), 16s 3d: Diop., NZ, pref. (425), 18s 6d; H’stein. Bros. (1000). £1 10s 6d; NZ Drug (52). £5 15s: NZ Drug (25), £5 15s.—Unlisted stock: Mack. Caley P., cont. (397), 14s; Whaka. Bd. Mills (200). 18s 3d; Whaka. Bd. Mills (100). 18s lid: Whaka. Bd. Mills (100), 18s; Whaka. Bd. Mills (520, 2 sales), 18s. Christchurch.—Sales: Chch. Gas (125), £1 4s 6d; G. J. Coles (240), £1 0s 4d; Wlwrths. (200). ex rts., £1 3s 6d—;—-Un-listed stock: Matea For. (200), 2s; Whaka Bd. (100), 17s 9d. Sales reported: Bk. NSW (5), ex. £4l 2s Gd: Ballins Brew (100). £1 Us; Natl. Insce. (300), £1 ss: •Donaghy Rope (100), cum, £3 4s; G. J. Coles (400), £1 0s sd: NZ Drug (25), £5 15s; Wilson Malt (100), £1 12s 6dp Wlwrths. (300), £1 3s 6d, ex rts. Unlisted stock: Whaka. Bd. Mills (325). 17s 9d. Svdney.—Sales: Comm, of Syd., £26 14s; NSW, £4B 10s; Mercan. Mutual, £3 17s; Assoc. News, 16s 3d; Assoc. News, pref., 19s 9d; Hud., Parker, £2 19s 6d; Aust Paper, £1 14s 9d; ACI, new, £2 15s 9d; Brad. Cotton, £2 4s; BHP, £2 14s; BH, cont., £2 8s 6d; C. Neon, £2 3s; Col. Sugar. £7O 10s; Drug Houses, £2 Is 3dl D'lop, £2 0s 6d; Elec. Zinc, £4' 2s 6d; Elec. Zinc, pref., £1 8s; Goldsbrough, £2 ss; Stedm?n, £1 12s 9d; M. Hedstrom, £2 18s; NZ. For.. 8s Id; Wilcox Mofflin, 19s lid; W’wths, £1 6s 6d; Mt. Lyell, £1 5s 6d; Felt Text., £2 9s 6d; Gen. Ind., £2 0s 6d; Gordon Gotch, £1 10s 6d; BH Nth., £4: BH Sth., £2 10s 6d; Mt. Morgan. £1 3s 6d: BH. new. £1 12s 9d.
DUNEDIN Sales Reported— £ s. d. 3 p.c. Stock, 1962-64 (£500) .. 99 5 0 NZ Breweries (150) 2 8 6 NZ Insurance, late (100) 5 8 0 Donaghy's Rope and Twine (100) Felt and Textiles, Aust. (100) 2 2 0 National Bank of NZ (150) 2 17 6 NZ Insurance (150) 5 8 0
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https://paperspast.natlib.govt.nz/newspapers/ODT19500517.2.121
Bibliographic details
Otago Daily Times, Issue 27391, 17 May 1950, Page 9
Word Count
672STEADY BUSINESS Otago Daily Times, Issue 27391, 17 May 1950, Page 9
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