COMMERCIAL Woolworths Shares Again Firmer

Press, Volume XCV, Issue 28265, 1 May 1957, Page 17

COMMERCIAL Woolworths Shares Again Firmer

Woolworths shares rose further in trading in Christchurch yesterday. After a late sale on Monday of a large parcel at 17s Bd, a transaction was made yesterday at 17s 9d—ls 4d above last Christchurch business before the Easter recess.

G. J. Coles, quoted ex bonus for the first time yesterday, were wanted at 16s, compared with 21s paid in Wellington. The Wellington sales were presumably made cum bonus of three for 10. Commercial Bank of Australia were fractionally lower in a sale at 14s lOd. Otago Daily Times were firmer in a sale at 51s.

N.Z. SHARE TRANSACTIONS

CHRISTCHURCH Sales on ’Change: Listed Stocks £ s. d. Var’n. 700 Waltons .. 0 14 0 N.C. Sales Reported: Listed Stocks £3OO 4 p.c., 54-58 .. 100 10 0 600 C.B.A. .. 0 14 10 —ld 100 N.Z. Brew.* .. 2 7 6 N.C. 104 N.Z. Brew. .. 2 7 6 N.C. 800 A.W.A. (2) .. 0 8 1 N.C. 100 A.C.I. .. 2 9 6 300 Haur. Whaling 0 5 0 N.C. 100 Otago Daily .. 2 11 0 4-6 d 300 Tip Top Ice .. 0 16 0 N.C. 300 Waltons* .. 0 14 0 N.C. 200 Waltons .. 0 14 0 N.C. 1000 W’lworths.* .. 0 17 8 -j-2d 500 W’wooths. .. 0 17 9 -|-3d 200 Ampol Exp. .. 0 9 3 Sales Reported: Unlisted Stocks 700 A. and T. Burt 2 15 0 •Late sales Monday. AUCKLAND Sales.—Late Monday: 200 Goldsbrough, Mort, 28s; 100 Wright, Stephenson, 41s; 100 Kauri Timber, 225; 300 Alex Harvey, 31s; 300 Ampol, 8s 6d; 300 Berlei, 46s 9d; 200 J .Wattie, 265; 500 N.Z. Paper Mills, 27s 6d; 300 Waitomo Cement (unlisted), 21s 3d. Yesterday: £l5OO 15/8/59-61, 3 per cent., £94 ss; £5OO 15/5/62 3? per cent., £97; £l2OO Auckland City, 17/10/65, 4A per cent., £93 17s 6d; £2OO Tasman, 30/9/64, 5 per cent., £9l ss; 50 Comm. Bank Aust., pref., £5 17s; 30 Bank N.S.W., £3l ss; 75 Dominion Breweries, 955; 500 N.Z. Breweries, 47s 9d; 50 South British, 89s; 190 North Auckland Farmers, 235; 200 Wright, Stephenson, 41s; 300 Bonds Hosiery, 17s 3d; 400 Berlei, 46s 9d; 300 Broken Hill Pty., 38s 3d, and 267 at 38s; 600 Con. Brick and Pipe, 12s 6d; 400 Cox Bros., 4s 6d; 200 Farmers’ Trading, B pref., 21s 9d and 350 C pref. 20s 3d; 1068 Fletchers, 30s; 100 Coles, 21s; 300 J. Wattie, 265; 100 McKenzies, 25s 6d; 300 Forest Products, 17s 3d, and 400 pref, at 19s Id; 3600 Tip Top, 16s; 200 Walton Sears, 14s 2d, and 100 at 14s Id; 400 Whakatane Board, 20s. and 850 pref, at 19s 6d; 1400 Wilsons Cement, 13s 8d; 200 Woolworths, N.Z., 20s 3d, and 500 Properties pref. 21s; 2940 Woolworths, Sydney, 17s 9d; 200 Pacific Forests (unlisted), 8s 6d, and 100 at 8s 9d; 200 Tingey, 7s 3d. WELLINGTON Sales.—Late Monday: £3OO Tasman Pulp Debs., 5 per cent., 30/9/64 (2), £9l ss; 50 South British, 89s; 300 Wright, Stephenson (2), 41s; 600 Bonds Hosiery, 17s 3d: 100 Alex. Harvey. 31s; 200 J. Wattie Canneries, 265; 300 Wilson’s Cement, 13s Bd. Yesterday: £2OO 3 per cent., 60-62. £92 ss; £4OO 3 per cent., 60-63, £9O 17s 6d; £5OO 3 per cent., 62-64. £9O; £2OOO 32 per cent., 59. £9B 2s 6d; £2OO 41 per cent., 66-67, £lOO 15s; 500 Comm. Bank Aust.. 14s 6d, and 50 pref. £5 17s; 20 Bank N.S.W., £3l ss: 800 Wright, Stephenson (2), 41s; 200 Huddart Parker, 445; 800 Bonds Hosiery, 17s 3d; 300 Broken Hill Pty. (2), 38s; 100 Cox Bros., 4s 6d; 100 E.Z. Industries, 19s Od; 800 G. J. Coles (2), 21s; 100 J. Wattie Canneries, 25s 9d; 25 K.P.N.Z. Drug, £5 Ils 6d; 400 McKenzies (2), 25s 6d; 400 Waltons (2), 13s lid; 750 Whakatane Board, pref., 19s 6d; 1000 Woolworths, Sydney (2), 17s 7d, 300 at 17s Bd. and 200 at 17s 9d; 100 Woolworths. N.Z., 20s 3d: 500 Woolworths, N.Z. Properties, pref., 21s. Correction.—The sale of 3 per cent.,

OVERSEAS EXCHANGES SYDNEY Key industrial stocks were stronger on the Sydney Stock Exchange yesterday. Textiles, oils and uraniums were slightly weaker, metals and Commonwealth loans uneven. Sales.—Com. of Sydney, £2O 10s; Com. of Aust., 18s; Nat., 12s 6d pd., 20s 3d; Bank N.S.W., £35; Tooheys, 22s 3d; Tooths, 465; A.C.1., 61s 6d; Brad. Cotton, 40s 6d; 8.H.P., 475; Burns Philp, 62s 3d; C. Sugar, £45 10s; David Jones, 58s; Drug Houses, 29s 9d; E.Z. Ind., 22s 10*/ 2 d; Feltex, 24s 3d; Gen. Ind., 16s 4 x / 2 d; G. J. Coles, 265; 1.C.1., 50s; N.Z. Forest, 20s 7*/ 2 d; Waltons. 16s 9d; Woolworths, 22s Pz-zd; Consol. Zinc, £5 ss; Mt. Isa, 37s 6d; North B. Hill, £7 16s 8d; South 8.H., 955; Ampol Pet., 10s 2d; Ampol Explor., 10s 2d; A.0.E., paid, 4s sd; Oil Search, 10s 2d; Mount Morgan, 18s; Peko, 7s lid; N.U.D., 10s Id; N.A.U.C., ss; Uran. Mines, 10s 3d; Com. Mining, 12s. MELBOURNE Investment turnovers were moderate and prices generally moved within narrow limits. Retailers again attracted the most attention. Mining trading was quiet with prices recording a variable tone. Sales.—A.N.Z. Bank, 45s 6d; Commercial Bank, 18s; N.S.W., £34 17s 6d; Carlton Brewery, 22s 6d; A.W.A., 9s 9d; Goldsbrough, 355; G. J. Coles, 26s Id; Myer, 19s Id; W’oolworths. 22s Id; Ampol, 10s 3d, 1955 issue 10s, pref. 18s 6d. and new, 4s 10d; Assoc. Pulp, 37s 3d; A.C.1., 61s 9d; A.P.M., 25s 4d, and pref., 19s 9d; Bradford Cotton, 40s 6d; British Tobacco, 34s 9d; 8.H.P., 47s sd, and new, 47s 3d; Colonial Sugar, £45 12s 6d; Drug Houses, 30s; Dunlop, 345, and pref., 325; E.Z. Industries, 235; Felt and Textiles, 245; Gordon and Gotch, 19s 3d; Henry Jones, 60s; Herald. 22s 2d; Humes, 50s; 1.C.1.A.N.Z., 49s 8d; Kauri, Feb. paid, 25s 6d; Olympic, 7s 3d, pref. 19s 7d; Broken Hill South, 94s 3d; Mount Isa, 37s 7d; Mount Lyell, 27s Id; North Broken Hill, £7 16s; Commonwealth Mining, 12s; Uranium Development, lid; Uranium Mines, 10s 2d; Emperor Mines, 7s 9d; Mount Morgan, 18s 2d; Ampol Exploration, 10s; Oil Search, 10s Id; Santos, 6s 2d; Woodside, 2s. LONDON London Stock Exchange sales of mining quotations on Monday included:—Broken Hill North, £6 0s 6d; Consolidated Zinc, ord., 80s 6d, and pref.. 13s 7Jd; New Broken Hill, l 56s 4£d; Mount Lyell, 20s 9d; Mount Isa, 295.

1957-60 Government stock reported on Monday was made at £95 17s 6d, not £96 17s 6d, as published yesterday. DUNEDIN Sales.—Late Monday: 100 N.Z. Breweries, 47s 6d. Yesterday: 140 Tekau Knitwear, 255: 183 Milburn Lime and Cement, 265; 100 Wool- i worths, Ltd., 17s 8d; 200 Westland Brewery, 455; 250 National Insurance, 27s 6d; 200 Wright, Stephenson, pref., 21s 6d; 200 Broken Hill Pty., 38s; 100 Dominion Rubber, 22s 6d. Sales Reported.—lso Fletcher Holdings, 30s; 200 Giant Industries, new, 9s 9d; £450, 3 per cent., 15/11/57-60, £95 15s; £5OO 3 percent., 15/7/62-64. £9O; 100 McKenzies. 25s 6d; 200 Whakatane Board, 20s; 300 Woolworths, Ltd., 17s Bd.

QUOTATIONS IN CHRISTCHURCH

Colombo Tea Sales (N.Z. Press Association Copyright) COLOMBO, April 29. Fair demand prevailed at this week’s auction with all centres showing fair interest. Prices of high and medium-grown tea, however, were generally lower. Except for coloury sorts, mediums declined about 5 to 10 cents per pound while high-grown kinds were 10 to 20 cents lower for broken grades, but leaf grades were firm. Price quotations were not available today.

Bank of N.S.W.—-An unchanged quarterly dividend of 9s a share (Australian currency) is payable on May 30.—(P.A.)

Buyers. £ s. d. Sellers. £ s. d. N.Z. GOVT.— 3 p.c., 15/2/56-59 .. 96 12 6 __ 3 p.c., 15/11/57-60 95 10 0 3 p.c., 15/4/60-62 .. 92 0 0 3 p.c., 15/4/60-63 .. 90 12 6 90 17 6 3 p.c., 15/7/63-65 .. 88 10 0 31 p.c., 15/1/56-59 98 0 0 — 3? p.c., 15/9/59 .. — 98 2 6 3? p.c., 15/6/59-60 97 10 0 32 p.c., 15/5/62 .. 96 10 0 — 4 p.c., 31/5/54-58 .. 100 7 6 —- LOCAL BODY CO. DEBS.— Waimak. River Trust. 41 p.c., 1/10/69 — 92 0 0 Chch. Drainage, 3J p.c., 31/3/78 73 0 0 Chch. Drainage, 31 p.c., 30/9/33 — 71 0 0 BANKS— A.N.Z. 1 16 6 . “B” 1 19 0 «— Comm, of Aust. 0 14 8 0 14 10 Nat. of A’asia, £1, c.d. .. 16 6 — Nat. of A’asia, 12s 6d, c.d. 0 16 1 0 16 7 Natl, of N.Z. 19 6 1 11 0 N.S.W. — 31 15 0 BREWERIES— Ballins, ord. .. 1 11 0 Pref. 0 19 9 New Zealand 2 7 6 — FROZEN MEAT— Canterbury 27 5 0 Pref. 6 5 0 South Otago 8 10 0 —— N.Z. Refrig. 2 0 3 — Nth. Canty., pref. 110 Southland 3 8 0 Waitaki 1 11 0 — Canty., cont. 13 0 — GAS— Auckland, 5s pd. 0 5 3 Chch., ex div. .. 1 0 6 — Contr., ex div. 0 15 3 0 16 0 Wellington 1 15 0 INSURANCE— F.A.M.E. 19 0 W— Pref. .. — 19 6 South British 4 9 0 LOAN and AGENCY— C.F.C.A., ord. .. 17 0 18 6 Pref. .. 3 0 0 Credit and Fin. — 12 0 Dalgety, “A’,’ x.d. 0 13 10 0 14 0 "B,” x.d. 0 13 7 —. Invincible Bldg. —— 4 8 6 Nat. Mort., "A” .. — 0 8 6 N.Z.F. Co-op. .. 0 14 9 0 15 3 “A” pref. 0 14 10 0 15 0 “B” pref. 0 14 11 0 15 3 4*/ 2 p.c. Stk., ’60 95 0 0 —— Farmers’ Finance —— 116 N.Z. Guar. Corpn. 0 2 4 N.Z.L and Mer. .. 0 12 6 —— S.I. Finance 19 6 Wright, Stephen. 2 0 9 Pref. .. 10 6 •— SHIPPING— Hudd. Parker, pf. 0 15 4 — Union, pref. 12 6 —— TIMBER— Kauri 119 WOOLLENS— Feltex 0 19 0 Feltex, pref. 0 19 6 — Lane. Walker Ind. 1 15 6 — Pref. .. .. 10 0 — Tekau 15 0 15 3 Timaru 110 13 0 MISCELLANEOUSAirwork ”13 3 Pref. .. __ 119 Ampol 0 8 3 —• Andersons, 1st pf. 0 19 6 —• Andrews and Beaven 110 — Pref. .. —- 0 19 0 Apex Ice 2 10 0 — Aulsebrooks, pref. 0 19 0 0 19 9 A.W.A. .. — 0 8 1 Aust., C.I. 2 9 0 — Beath and Co. .. 1 12 6 — Is paid 0 7 6 Pref. — 12 0 Cory Wright, ord. 110 — Cox Bros. 0 4 0 — Broken Hill Pty. 1 17 9 1 18 3 Burns, Philp 2 11 3 — Claude Neon, N.Z. 2 7 6 2 10 0 Colonial Sugar .. 37 0 0 — Cyclone 1 10 0 — con. 0 12 11 0 13 0 Pref. .. 10 0 Dom. Builders .. 0 10 0 Donaghy’s Rope .. 2 7 0 ■— D.I.C. 0 16 9 — Pref., x.d. 10 3 —— E.Z. Ind. 0 18 6 0 19 6

Buyers. Sellers. £ s. d. £ s. d. MISCELLANEOUS (contd.) — Evans Atlas 0 13 3 0 14 6 Farmers’ Trading J 19 9 Farrier - W aimak 0 16 6 0 18 0 G. J. Coles, ex bonus .. 0 16 0 Gordon and G. .. 0 15 6 Pref. .. 0 5 0 __ Greater Crystal .. 1 0 4 Griffin and Sons 2 2 6 Hallenstein Bros. 1 13 0 Hauraki Whaling 0 5 0 Hay’s. Ltd. 1 2 9 Pref. .. 1 0 0 Harley .. .. 1 14 6 Humes 2 0 6 2 2 0 I.C.I.A.N.Z. 2 0 3 J. Gadsden 16 6 Pref. .. 0 19 9 . ... John Chambers .. j 0 3 J. J. Niven 2 5 0 —. J. Wattie Cann. .. 1 5 6 16 6 K.D.V. Indust. 0 10 9 Mason, Struthers 1 7 0 19 0 10s paid 0 14 0 Midland Mot., pf. —. 10 0 Milburn Lime 1 5 9 16 9 National Elec. 6 5 0 7 0 0 N.Z.F. Fertiliser 16 0 . - Pref. .. 2 0 _ N.Z. Forest Prods. 0 17 1 0 17 5 Pref. .. 0 19 0 N.Z. Indust. Gas 13 0 1 15 0 Relax, pref. 0 9 6 Quill Morris 1 6 6 Reid Rubber 19 6 Ross and Glen. .. 1 5 0 Whittome, Stevenson 1 4 6 . Tasman .. 12 6 Tip Top Ice 0 15 9 Toppa 0 3 6 — Turnbull & Jones, pref. 0 17 10 Ultimate-Ekco — 0 17 6 Waltons .. 0 13 9 0 14 0 Weeks 0 19 6 Waltons, cont. 0 12 6 Whakatane, ord. 0 19 9 — Whit, and Tombs 1 12 10 Wm. Cable HIdgs. 4 0 Will. Jeffery 1 1 9 — Wilson’s Cement — 0 13 9 W’worths, ord. .. 0 17 6 0 17 9 Properties 0 14 9 (N.Z.), ord. 1 0 3 (N.Z.) Pp„ pf. 1 1 0 W. R. Carpenter 0 16 4 W. R. Cooke and Son 0 17 9 Wilcox 0 4 4 __ OVERSEAS LISTINGS W’worths (S.A.) 0 14 10 **A” (W4 6 _— AUST. MINING—’ Commonwealth .. 0 9 10 Mount Lyell 1 1 7 — Ampol, ex. 0 9 2 0 10 0 UNLISTED STOCKS Beath, 19s on dep. — 19 0 Booth. Macdonald 0 0 9 0 2 0 Burt, A. and T. .. 2 14 0 2 16 0 Chbh. Press. 13 5 0 14 0 0 Hellabys 2 9 6 Kaiapoi Woollen j 3 0 14 6 Matea Forests 0 1 9 0 2 4 Mercer, J., pref. —— 116 N.Z. Motor Bodies 1 16 9 Rotovators 0 12 6 Regent Theatre .. 1 2 0 R. and E. Tingey 0 6 11 0 7 3 Scales 0 13 0 St. Elmo Courts, pref. 13 0 Vibrapac Blocks 1 4 0 Woolston Tann. .. 0 16 0 —