WIDE RANGE OF SALES

Otago Daily Times, Issue 27447, 21 July 1950, Page 9

WIDE RANGE OF SALES

Commerce

NZ Breweries Advance

DUNEDIN STOCK EXCHANGE

The high rate of turnover which has been a characteristic of the week was maintained on the Stock Exchange yesterday, when a wide range of sales was reported or took place under the hammer. New Zealand Breweries showed a further price advance, whiijh brought them to 48s 4d and left buyers in at that limit. Two parcels of ffegent Theatres (Dunedin), destined for separate buyers, were sold under the hsminer steady at 28s, and Southland Frozen Meat ordinary, after reported business at 635, were sold on call at the same price. , The first “ ex rights ” sale of Colonial Sugar shares was put through at £SB 2s 6d a share, and the “ rights —or privilege of acquiring the new issue shares offered by .the company—were sold at £2B. Three parcels of Mount Lyell “ right’s ” were sold in the course of the day at 2d each. Among the Jess frequently quoted issues, General Industries were asked for at 325, Manawatu Knitting Mills were on offer at 62s 6d. buyers of P. and O. stock raised their offers to 50s, with a seller quoting 555; Consolidated Brick preference shares were offered for sale at 20s, and Emperor Mines were available at 12s. DUNEDIN

Auckland. —Sales; 21 p.c. Stock, 1950-51 (£1200), £100; 3 p.c. Stock, 1953-56 (££00) £99 ss; 31 p.c. Stock, 1953-57 (£350), £IOO ss; Natl. Bk. NZ (60), £3; Union Bk. (240), £lO 16s 6d; Dom. Brew. (100), £3 8s; NZ Insce. (370), £5 7s 3d; BHP (700), £2 9s; Col. Sugar, rts. (14), £2B; Elec. Zinc (50); £3 Us; Radio. 1936 (687), 16s; Union Oil (142), £1.13s 9d; W. Cable, rts. (117), 3s 9d; W. Cable, rts. (437), 3s 8d; W'wths, Syd., rts. (149), 13s 6d; Mt. Morgan (1000), £1 Is 3d. Unlisted Stock; Whaka. Bd., pref. (100), £1 2s. Wellington.—Sales reported: Kauri (100) £1 9s 6d; Rotoiti (200). 15s; Wgtn. Wool., ord. (30), £lO 6s 3d; W’wths., rts. (90), 13s 7d; H. Berry (500), 18s 6d; Mt. Morgan (1000), £1 Is 3d. Unlisted Stock: Gadsdens, pref. (150), £1 2s 10d. Sales: 2i p.c. Stock, 1953 (£830), £9B 15s; 3 p.c. Stock, 1959-61 (£3000), £9B 10s; 4 p.c. Stock, 1952-55 (£640), £lOl 10s; Gear Meat (100), £1 10s 6d; BHP (100), £2 8s 9d; ICI, NZ, pref., ex (200), £1 -3s 3d; Rubber Distrib. (100), Us; W. Mofflin, rts. (333), 5s Id; W. Cable, rts. (432), 3s 6d; W. Cable, rts. (33), 3s 7d; W’wths Syd. (500), £1 4s; W’wths, Syd., rts. (204), 135 7d. Unlisted Stock: Gadsdens, pref. (200), £1 2s 9d.

Christchurch. —Sales: 4 p.c. Stock, 195255 (£815), £lOl 10s; NZ Brew. (250), £2 9s 6d; Col. Sugar, ex rts. (10), £SB ss; D’lop, NZ, pref. (200), 18s 6d; Mt. Lyell (100), £l. Unlisted Stock: Gadsdsns, pref. (200), £1 2s 9d. Sales reported: CFC, A, pref. (100), £3 7s 6d; BHP (300) £2 9s; Col. Sugar, rts. (12), £2B; DIC, ord. (180), £1 13s 9d; W. Cable, rts. (67). 3s lOd; W ! wths. (200), £1 3s lOd; W wths., rts. (137), 13s 6d; Mt. Morgan (404), £1 Is 3d, Unlisted Stock: Matea For. (261). 2s Id.

Sydney.—Sales: Comm. Aust., £1 7s 6d; NSW, £47 15s; Natl., 12s 6d pd., £1 3s 4Jd; Union, £ll 2s; Tooths, £4 8s 3d; Tooheys, £1 19s 6d; Assoc. News, pref., 18s 6d; A. Hordern, £1 4s 10Jd; A. Hordern, pref.. £1 7s; ACI, £2 17s; Brit. Tobacco, £2 9s 6d; BHP, £2 12s 9d; BHP, cont., £2 7s 6d; Col. Sugar, £6l 17s 6d; Col. Sugar, rts., £29 10s; D’lop., £2 Is 3d; Gen. Indust.. £2 0s 6d; Coles, £1 2s; H. Jones, £2 19s 9d; H. Smith, £1 9s ltd- NZ For. Prods., 7s; Soul, £6 ss; W’wths. £1 4s,loJd; W’wths., rts., 14s 8d; Aust. Paper, £1 12s 9d; Drug Houses, £2 2s 6d; Felt Text., £2 7s 9d; Goldsbrough, £2 Is 9d; Gordon Gotch, £1 5s 6d; W. Mofflin. 17s 6d; Placer Dev., £5 12s; Rawang, 6s 4d; Oil Search, 4s; BH, Nth., £4; BH, Sth.. £2 10s.

> £ S. d. Sales on 'Change— 2 1 p.c. Stock, 1949-51 (£410) .. 99 17 6 NZ Breweries (138) 2 9 4 Regent Theatres, Dn. (100) 1 8 0 Regent Theatres, Dn. (100) 1 8 0 Mt. Lyell, rts. (150) 0 0 2 Mt. Lyell, rts. (100) 0 0 2 Sthld. Froz. Meat,,ord. (200) .. 3 3 0 Sales Reported— Comm. Bank, ord. (100) .. .. 0 5 6 Ballins Brewery (100) .. .. 1 9 3 Sid. Froz. Meat, ord., late (150) 3 3 0 Sid. Froz. Meat, ord., late (100) 3 3 0 Col. Sugar, rts. (5) 28 0 0 Col. Sugar, rts. (10) 28 0 0 G. J. Coles (200) 1 0 0 Woolworths, Ltd. (200) .. .. 1 3 10 3 P.c. Stock, Dec., 1953-56 (£300) 99 2 (j 3 P.c. Stock. Dec.. 1953-56 (£300) 99 5 ,0 Sid. Froz. Meat, ord. (50) .. 3 3 0 Col. Sugar (10) 58 2 6 DIC, pref. (200) 1 7 6 Mt. Lyell, rts. (250) 0 0 2