WOOLWORTHS’ SHARES
Stock Exchange Activity
COMMERCE
FIVE SALES EFFECTED
Considerable interest was centred in the shares of Woolworths, Ltd., yesterday, and buyers and sellers were very evenly matched on both the morning and afternoon call on the Stock Exchange. Several deals took place on the earlier session, all at 355, and the quotation closed with buyers and sellers separated by only Id, with the “ have-nots " offering 34s lid and vendors asking the sale price. The afternoon bids were more nominal, but substantially unchanged, with buyers offering 34s 9d and sellers asking 35s 3d. The shares of the New Zealand chain had high buyers in the morning at 29s 6d (sellers 30s), but there was a change of heart in the afternoon, when sellers appeared at 29s 6d, with buyers standing lower at 2Ss.
Kaitangata Coal shares were “ spec ' sold at 245, and the market was clear of sellers in the afternoon. Developments are expected for the vacation. P. and O. stock sold firm, with a reported deal at 595, but the more popular sterling vehicles, Union Banks and Bank of Australasia shares, were easier on the sales and quotations.
Auckland.—Sales: 3 p.c. Stock, 1951-54 (£200), £IOO 2s 6d; 3 p.c. Stock, 1960-63 (£345), £99 7s 6d: Natl. Sav. Bonds, 1955 (£500), £99 10s: Bk NSW (20). £42 15s; Dorn. Brew. (210), £3 15s; Dom. Brew. (100), £3 15s 6d; Dom. Brew. pref. (£100), £3 15s 6d; Natl. Mort., B (52), £2 17s 9d: P. and O. Def. (500), £2 19s: Kaiapoi Wool (275), £1 9s 9d; Wgtn. Wool (20), £lO 2s 6d: Warra Falls, rts. (100). £1 13s 6d; Berlei, NZ (200). £1 11s 3d: BHP (300), £2 16s 6d; Cox Bros. (225), 8s; Dental Medical (200), £1 13s 3d; Dunlop, Aust. (100), £2: Dunlop, NZ, pref. (100), 19s 9d: Farm. Trad., rts. (451). 9s 6d; Coles (300), £1 2s; Coles, rts. (900), 16s 3d; Farm. Fert. (300). £1 19s: For. prods., pref. (100), 14s; Reid Rubber, (200), 17s 3d: Whittome Stevenson (100), £1 15s; Wilsons Cem. (1200), £1; Wwths., NZ (2000). £1 9s 6d: Wwths., Syd. (1750), £1 15s; Wwths., Svd. (132). £1 14s lid; Mt. Lyell (100), £l. Unlisted stock: Korina, ord. (100), 15s; Maple Hldgs., pref.. rts. (133), 3s Id, Wellington.—Sales reported: NZ Paper Mills (200), £1 15s 6d. Unlisted stock: Tekau (500), £1 6s. Sales: 2J p.c; Stock, 1954 (£500), £9B ss; 3 p.c. Stock, 1952-55 (£1300), £IOO 3s 9d: 3 p.c. Stock, 1963-65 (£1785). £IOO 2 S 6d; Pukemiro (100). £1 ss; Felt and Text., NZ, pref. (100). £1 ss: Whakatane, nref. (200), £1 4s 6d; Wm. Cable . (200), £1 13s lOd; Wwths., NZ, ex (1350), £1 9s 6d; Wwths., Svd., cum. rts. (500), £1 15s; Wwths. Hides., S. Afr.. £1 Is 9d. Late sales: Bk. A’asia. (135), £ll 10s: Union Bk. (120), £ll 9s: Natl. Mort., A (500), 12s 2d; WFCA. perf. (100). £1 2s; NZ For. Prods. (191), 7s: Wwths., Syd. (2001. £1 15s: Wwths., NZ (1060), £1 10s; Wwths.. NZ (1000), £1 9s 6d: Wwths., NZ (125), £1 9s 7d: Wwths;; NZ (200). £1 9s 7}d; Whakatane Bd„ pref. (500), £1 4s 6d. Unlisted stock: Wgtn. Publishing (93). £7 2s 6d. Christchurch.—Sales: 3 p.c. Stock, Dec.. 1953-56 (£410), £lOl ss; 3 p.c. stock, 1959-61 (£300), £IOO 2s 6d; 3 p.c. Stock, 1963-65 (£500), £IOO ss: Bk. NSW (20), £43; NZ Refrig., 10s pd. (100). £1 4s; BHP (260), £2 16s 3d; G. J. Coles, cum. div. (100), £1 Is; G. J. Coles, rts. (150) 16s 5d- Wwths.. Ltd., cum. (1200). £1 15s; Wwths., NZ (500), £1 9s .3d.—— Unlisted stock: Mack. Caley Phoenix (50), £2 2s 4d. Sales reported: Natl. Mort., A (200). 12s 2d. London, Dec. 13.—Minings: BH Sth„ £2 5s 3d; Consol. Zinc., £1 Us 3d: BH, new, £1 7s 9d; Mt. Morgan, 19s 6d. Sydney.—Sales: Natl. Bk., 12s 6d pd. £1 5s 3d; Bk. NSW, £sl 15s; Comm. Bk. Syd. £27 2s; United Insce., £24 10s; Tooths, £5 Is: Assoc. News, 15s; Assoc. News, pref., 18s 9d: Anthony Hord.. £1 ss; ACI, £3 8s 6d; BHP, £3 Is 6d; Burns, Philp, £5 ss; Col. Sugar, £66 2s 6d; Con. Sugar, cont., £43 7s 6d: David Jones, £3 10s; Drug Houses, £2 15s 6d; Dunlop, new, £2 2s; Electro. Zinc, £4 14s; Feltex, £2 15s 6d; Henry Jones, £3 12s: Wilcox Moff., 10s; Wwths., £1 17s lid; Yarra Falls, £2 18s; Aust. Paper, £1 12s 6d; Claude Neon. £2 0s 3d- Coles, £1 3s 6d, Mt. Lyell, £1 Is 3d: BH Nth., £4 ss, Oil Search, 3s Id.
DUNEDIN £ s. d. Sales on ’Change— Kaitangata Coals (100) .. .. 1 4 0 Woolworths, Ltd. (100) .. .. 1 15 0 Woolworths, Ltd. (100) .. .. 1 15 0 Woolworths, Ltd. (150) .. .. 1 15 0 Woolworths, Ltd. (100) .. .. 1 15 0 Sales Reported— 3 p.c. Stock, Dec., 1953-56 (£2000) 101 0 0 4 p.c. Stock, 1954-58 (£1000) .. 102 10 0 Berlei, NZ (£200), late .. .. 1 11 3 Woolworths, Ltd. (500) .. .. 1 15 0 3 p.c. Stock, 1959-61 (£4000) 100 2 6 Bank of Australasia (10) .. .. 11 10 0 P. and O. Stock (400) .. .. .. 2 19 0 Unlisted Stock — Tekau Knit (600) 1 6 0
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https://paperspast.natlib.govt.nz/newspapers/ODT19501215.2.134
Bibliographic details
Otago Daily Times, Issue 27573, 15 December 1950, Page 9
Word Count
857WOOLWORTHS’ SHARES Otago Daily Times, Issue 27573, 15 December 1950, Page 9
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