COMMERCIAL

Press, Volume LXXIX, Issue 23947, 14 May 1943, Page 6

COMMERCIAL

STOCK EXCHANGES IMPROVED TURNOVER ON REPORTED SALES Business was again . restricted on the Christchurch Stock Exchange yesterday, the only sale being in the gold mining section. There was a better turnover on reported sales, and these were in favour of sellers. Apart from vestibule business the following transactions were recorded: Sales on ’Change.—listed Stocks: 200 Slab Hut, 5s lOd. Sales Reported.—Listed Stocks: 310 N.Z. Govt. 4 p.c. Stock, 1952-55, £lO7 7s 6d; 70 Invincible Building. 955; 500 N.Z. Refrig. (10s paid). 11s lid; 300 WestportStockton Coal (pref.) (late sale Wednesday), 6s 6d; 250 N.Z. Farmers’ Co-op. (Ist pref.), 955: 50 Whitcombe and Tombs. £5 10s; 100 Woolworths (Sydney) (ord.) (late sale Wednesday), 15s lid: 200 Slab Hut, 5s lOd. Latest Quotations N.Z. Govt. Debentures.—2J p.c. Ins., 1946, b. £9B 10s; 25 p.c. Ins., 1947, s. £9B 2s 6d; 3 p.c. Ins., 1953-56, b. £99, s. £99 12s 6d; 3J p.c. Ins., 1953-57, b. £lO3 10s, s. £104; 4 p.c. Ins., 1943-46, b. £lOl 2s 6d. Banks.—Comm, of Aust., b. 16s 3d, s. 16s 6d; Comm, of Aust. (pref.), b. £10; Bank of N.Z., b. 41s 7d; Union, s. £7 15s. Insurance.—South British, s. 70s. Loan and Agency.—Dalgety and Co. (ex div.), b. £8; National Mortgage "A," b. 555; National Mortgage ‘B.” b. 31s 6d. Meat—Canterbury (ord.), b. £l2 17s 6d; Canterbury (pref.), b. £7 15s; N.Z. Refrig. (10s paid), b. 11s lid. Woollens.—Mosgiel, b. £ll ss: Timaru, s. 20s 3d. Coal.—Westport-Stockton (ord.), b. 2s 6d, s. 2s Bd. Breweries.—New Zealand, s. 375; Tooheys, s. 345. Miscellaneous.—Aust. Consol. Industries, b. 51s 3d; Booth, Macdonald (ord.), hj. 6d: Broken Hill Proprietary, b., 42s 3d; Canterbury Roller Flour, b. 13s; Donaghy Rope. b. 57s 6d; Dom. Fertiliser, b. 245, s. 265; Electro. Zinc (ord.), b. 545, s. 55s 6d; 1.C.1. (Aust. and N.Z.) (pref.), b. 25s 6d, s. 26s 6d; N.Z, Farmers’ Co-op. (Ist pref.), b. 90s, s. 995; N.Z. Farmers’ Co-op. (A pref.), b. 555, s. 62s 6d; N.Z. Farmers’ Co-op. (B pref.), b. 44s 6d; Quill. Morris (1936), b. 235; Weeks. Ltd., b. £ltt. 10s; Whitcombe and Tombs, b. £5; Wilson's Cement, b. 18s 2d: Woolworths (Sydney) (ord.), s. 16s; W. R. Carpenter, b. 345. Australian Mining.—North Broken Hill, b. 49s 9d. N.Z. Mining.—Arahura, b. 26s 6d; Austral (N.Z.), b. 12s, s, 225; Grey River, b, 13s 7d; s. 14s; Ngahere, b. 6s; Slab Hut, b. 5s lOd, s. 5s lid. AUCKLAND Sales.—War Load, 25 p.c., 1/8/46, £9B 12s 6d; Liberty Loan, 3 p.c,, 15/5/53-56, £99 7s 8d; Auckland Gas (perp. deb.), 35 p.c. (odd lot), £B7 10s; Bank of N.S.W. (ex div.), £32 5s (2); E., S., and A. Bank, 795; N.Z. Insurance. 80s; South British Insurance, 69s 9d; Farmers’ Auctioneering, 925; Auckland Gas, 7s 3d; Northern Steam, 7s: Ballins Breweries, 15s: Consolidated Brick, 9s 6d (2); Forest Products, 5s 8d (2); Farmers’ Fertiliser, 20s; Morts Dock, 22s 6d; Dominion Breweries, 355; Sanford, 5s 6d; Wilson's Cement, 18s 2d: Waolworths Properties. 275; Mt, Lyell, 28s 9d; Mt. Morgan, 10s 9d. Unofficial List.—Whakatane Paper Mills, 9s. WELLINGTON Sales (late Wednesday).—lns. Stock, 1/8/46, 25 p.c., £9B 12s 6d; Taranaki Oil Fields, 3s 6d; Woolworths Properties, 275. Sales (yesterday).—lns. Stock, 15/9/52-55 3 p.c., £9B 10s; Ins. Stock. 15/5/49-52, 4 p.c., £lO5 15s; Natl. Bank of N.Z.. 51s 9d; New Zealand Breweries, 375; Broken Hill Pty. (ex div.), 42s Gd; Wellington Trust and Loan, 67s 6d; National Insurance, 22s lid. . DUNEDIN Sale.—Kaiapoi Woollen (ord.), 21s 9d. Sales Reported.—Late Wednesday: Broken Hill Pty., 42s 6d. Yesterday: 3 p.c. Inscr. Stock, 1952-55, £9B 10s; National Insurance, 22s 1 Jd; N.Z. Refrig, (cont.), 11s lid; N.Z. Breweries. 375; Broken Hill Pty.. 42s 6d; D.I.C. (ord.), 17s 3d. SYDNEY Trading was light and slightly irregular on the Sydney Stock Exchange yesterday. Sales.—Fairymead Sugar, 28s 6d; Bonds Industries, 26s 9d; Dunlops, 21s 45d; James Stedman, 17s; Victoria Nyanza, 14s; Electrolytic Zinc. 56s 3d; Broken Hill South. 255: Rawang Tin, 4s.

COMPANY NEWS vj : Donaghy’s Dividend.—Donaghy’*- -Hope; -j and Twine has declared a-final divkjgnq,: of Is 3d a share, making 2s for the yew _ jpA.) I W/ Tooths Dividend.—Tooths, SydtuWrm* . nounce an .interim dividend at the y, 12 per cent, per annum.—(P.A.) .i£ > 1 STOCK SALES-^pl, GERALDINE i|' A large entry of fat sheep at thevCfer* ; v aldine sale was comprised solely of ewes. ;• Heavy sorts eased slightly on, recent rates, but sheep suitable for export sold under sound competition. An entry’ - of, 2350 fat lambs met with a keen sale, ana : ; i all lots were disposed of at auction-' at < satisfactory prices. Prime lambs 26s 7d to 28s lOd, light to medium 22s Id to 1 25s 7d; extra prime’ ewes. 17s 7d to IBslOd, medium to prime 13s 4d to 16s lOd. Store sheep values showed little change :• on late rates. A line of fat and forward two-tooth wethers sold from 29s to 29s lOd, best ewe lambs to 25s 9d, medium 20s to 21s 9d, indifferent 16s to 18s; good wether lambs to 19s 6d, small to medium 12s to 17s; aged ewes 9s.