COMMERCIAL

Evening Post, Volume CXXXVI, Issue 48, 25 August 1943, Page 3

COMMERCIAL

SHARE MARKET

Buyers. Sellers. & s. d. £ s. d.

Sales made today at first call: £500 3 p.c. Inscribed Stock, 15/9/52-55, £98 15s; £1000 3 p.c. Inscribed Stock, 15/5/53-56, £98 ss. Sales made after going to press yesterday: £2000 3 p.c. Inscribed Stock, 15/9/52-55, £98 12s 6d; £1000 (2 sales) 3 p.c. Inscribed Stock, 15/5/53-56, £98 ss; 30 Liberty Bonds, 19s 3d; 150 and 50 National Bank of N.Z., £2 9s 6d; 400 Timaru Worsted and Woollen, £1 Os 6d; 200 and 100 N.Z. Breweries, £1 16s 6d; 400 (2 sales) and 200 McKenzie's Dept. Stores, £2 7s; 100 and 300 Woolworths, Ltd., 18s Id; 200 and 900 Taranaki Oil Fields, 3s 6d; 200 Woolworths Holdings, £1 7s. P.A. AUCKLAND, This Day. Sales (morning call) : Bank of New Zealana, 42s Id; N.Z. Insurance,. 85s 6d; South British Insurance, 735; Auckland Gas, 6s 9d; N.Z. Breweries, 36s 6d; McKenzie's, 475; Reid Rubber (rights), 4s 9d; Woolworths (Sydney), 18s. Id. CHRISTCHURCH, This Day. Sales: Commercial Bank of Australia (pref.), £10^ 55.. Sale reported: N.Z. Refrigerating (£1 paid), 25s 9d. HONG KONG AND SHANGHAI BANK. Preparation of a profit and loss account for the Hong Kong and Shanghai Banking Corporation was not at present possible, but the balance-sheet showed that at December 31, 1942, there was £33,000,000 in cash, money at .call, and gilt-edged securities out of a balance-isheet total of £84,697,075. Assets in enemy-occupied territories and other assets unreallsable owing to the, war amounted to £41,464,171. The bank's business was in Hong Kong, Shanghai, Malaya, Burma, Java, and the Philippine Islands, all now in enemy hands. The board was unable to recommend payment of any dividend for the period- subsequent to June 30, 1941. It was in July, 1941, that the last payment, which took the form of an Interim of £2 10s, was announced. Mr. A. Morse, chairman, speaking In London, made it clear that while earning power was greatly curtailed in present conditions, he had good reason to look forward with confidence to the time when the hank would again take a prominent place in financing the requirements of the Far East. Meantime, the bank's offices operating in India and Ceylon were participating in the large volume of trade emanating from those countries.

Govt. Loans— 3 p.c, 15/9/52-55 .... 98 12 6 3 p.c, 15/5/53-56 .... 98 5 0 3 p.c, 15/12/53-56 ... 97 10 0 3^4 p.c, 15/1/56-59 .. 99 15 0 3*A p.c, 15/9/57-60 .. 100 15 0 4 p.c, 15/2/43-46 100 0 0 4 p.c, 15/6/52-55 . — 106 5 0 Bonds—' Liberty Bonds, 15/9/49 0 19 0 Shares— Commercial Bank .... 0 16 6 Commercial Bank (pref.) 10 0 0 E.S and A. 3 19 0 Bank K.S.VV t 33 10 0 Bank of New Zealand .. — Union Bank — N.Z. Guarantee 0 3 6 W.F.C.A. (pref.) 0 7 3 Wn. Inv. T. and A. .. 0 7 5 Wn. T. and Loan .... 3 7 0 Wgtn. Gas (pref.) .... 12 6 Queensland Insurance . 2 19 0 Standard t 3 12 6 Canterbury Meat 14 0 0 Gear Meat 1 2 0 Wgtn. Meat Export .. 0 10. 0 Huddart-Parker ....* 2 17 0 Bruco Woollen (ord.) .. 19 3 Bruce Woollen (pref.) .. — Felt and Textiles 2 9 0 Prestige (pref.) ...... — Timaru Woollen 1 0 6 Wgtn. Woollen .. 8 5 0 Wgtn. Woollen (pref.) 8 7 6 Rotoiti Timber 0 5 11 N.Z. Breweries 1 16 9 Dominion — A.C.I. 2 15 0 Burns, Philp 2 19 3 Consol. Brick — Cox Bros 0 6 4 Claude Neon (N.Z.) .. 14 6 D.I.C 0 17 6 D.I.C. (pref.) 1 5 8 Dunlop 1 3 6 Griffin and Sons (£1) 10 0 Griffin and Sons (10s) 0 10 0 Hume Pipe 0 14 0 I.C.I. (pref.) 15 3 J. J. Niven 0 15 1 Macduffs (ord.) 0 10 7 Macduffs (pref.) ...... — McKenzies — Macky, Iiogan 1 9 6 Metiers (N.Z.) ' 0 17 0 Morris Hedstrom 1 10 0 M.K. Manufacturers .. / — Nat. Electric ' 1 8 0 N.Z. Farmers' Fert. .. ■ — Sharland (ord.) .... 18 0 Sharland (pref.) 19 0 Taranaki Oil Fields ... 03 3 Woolworths Ltd. — Woolworths (N.Z.) .. 0 16 2 Woolworths Holdings (S. Africa) — Arahura (ord.) ....... 1 6 6 Aralnira (deferred) .. 10 6 Broken Hill South .... — Mt. Lyell * — Mt. Morgan — Nth. Broken Hill .... 2 6 6 •Cum div. tEx div. 0 16 9 2 2 4 7 15 0 110 3 17 3 18 0 110 1 18 3 0 8 3 15 0 2 7 9 0 7 1 1 ~1 0 0 4 0 0 18 2 18 0 17 6 1 10 9 0 10 3