COMMERCIAL

Press, Volume LXXXI, Issue 24581, 1 June 1945, Page 6

COMMERCIAL

• STOCK EXCHANGES Markets continued firm and active on call at the Christchurch Stock Exchange yesterday, and there was a good volume of business In a wide range of stocks. The following transactions were re--sales Beported.—Listed stocks:£lloo N.Z. Government, 3 p.c. Stock; December, 1953-56, £OB 10s; 100 Bank ,of New Zea- * land (ex div.) (late sale Wednesday). 47s , 4d: 2000 N.Z. Guarantee Corpn. (latej sale I Wednesday). 4s 4d; 334 Bruce Woollens. r 34s 6d (odd parcel) ’ (ord.); 515 Kaiapoi . Woollens (7s paid). 18s 3d (odd parcel); 1 100 Timaru Woollens (late sale Wednesday), 20s; .'SOO Auckland Gas, 7s 3d; 100 ■ Broken. Hill Proprietary, 46s Sd; 58 NZ. Drug Co. (fully paid)’ (late sale Wednes- . day), £5 2s 6d (2); 33 Weeks, Ltd. (lata , sale Wednesday). £l2 Ssjoddparcel). 1 gales on ’Change.—Luted Stocks: £SOO ■ n.z. Government, 3 p.c. Stock, Decem- ■ bef, 1953-56. £9B 10s. ' . ■ , Sales Reported.—Unlisted Stocks: 600 I Selfridges NB. (contr.), 12s 6d. t LATEST QUOTATIONS , N.Z. Govt. Debentures: 2} p.c. Inscr., 1946, b,, £9B 12s 6d; 2Vi p.c. War Loan. 1953, b. £94 2s. 6di,. 3>/ a p.c. Bonds, 1953- * 57. b. £lO2 7s 6d; 4 p.c. Inscr., 1946-49, I b. £lOl 2s 6d; Liberty Bonds, b. £1 0s 3d, . s. £1 0s 7d; Wool Bonds, 1/2/48, b. £1 0s , 6d, s. £1 0s 8d; Wool Bonds (1/2/49). b. 1 19s-7d, s. IBs Bd. Banks; Comm, of Aust., b. 17s lid; Comm, of Aust. (pref,), b. £lO 7s 6d; Nat. of N.Z., s. £2 19s; New South Wales, s. £34 15s; New Zealand (ex div.), s. £2 7s 6d. Insurance: National, b.\ £1 5s 6d; South British, b. £4 4s. Loan and Agency: Nat. Mort. “B.” b. £1 19s, s. £2 0s 6d; N.Z. Guarantee Corpn., b. 4s 3d, '< s. 4a sd; N.Z. Loan and Merc, (ord stock), I b. £BB, s. £7l; Wright, Stephenson, b. ' £1 7s 9d, s. £1 10s. Shipping: Huddart i Parker, b. £3 2s 9d; P. and O. Defd. . Stock, b. £2 12s; Union (pref.), b. £l lls . Id. Frozen Meat: Gear. b. £1 6s; NB. | Refrig. (£kmU. 9s Odj-NB. JSefrig. (10s pd.), b. las Bruce, b. £1 14s sd, s. £1 14s 9d; Oaqraruv . 7s 3d; Timaru,. s. £1 0s 3d. Gas: Auck< ‘ land, b. 7s 3d, s. 7s sd; Christchurch, b. , £1 6s 6d. Breweries: Balllns, b. 17s, s. t 18s. Miscellaneous: Aust. Con. Industries (cum div.), b. £2 15s, s. £2 16s; Broken ; Hill Ptyl, b. £2 6s 3d; Burns Pbilp, b. £3 ' 8s; Cant. Roller Plour, s. 16s 3d; Claude ; Neon N.Z. (cum div.), b. £1 15s 6d; Con. Brick, s. 10s 2d; Crystal Ice, b. £2 13s 6d; Dom. Fertiliser, b. £1 5s 6d; Fletcher i Holdings (ex div.), s. £1 10s 6d; Greater . Crystal, .b. £1 2s 9d; Frozen Products, b. . 16S 6d; Macduffs, 15s; Macduffs (pref.), b. £1 6s 9d. s. £1 6s: N.Z. Drug Co., b. ; £5 2s 9d; Selfridges, b. £1 8s lOd, s. £1 ; 10s; United Provisions, b. 16s 6d; Weeks, b. £l2, s. £l3: Wilsons Cement (cum div,), b. 18s 4d, s. 18s 8d; Woohvorths , (N.Z.) (cum div.), b. £1 3s 6d; W. R. , Carpenter, b. £2 ss, s. £2 6s 6d. AUCKLAND ! Sales.—Liberty Loan, 15/6/47-49, 2} p.c. ( (£2500), £9B 2s 6d; Ins. Stock, 1/8/51-54. > 3 p.c. (£300),' £9B ss; Vlctbry Loan, 5/2/55-58, 3 p.c. (£500), £9B ss; Mount Eden Boro., 1/4/58-83; 41 p.c. (£500), £IOB 15s; Bank of .Australasia (50), £9 10s; Com. Bank of Aust. (200), 17s lid: Com. Bank of Aust. (300), 18s (2); Bank of NB. (200), 47s 3d (3); South British (150), 85s 6d; Goidsbrough, Mort (100), 31s 3d; > Auckland Gas (1087), 7s 3d (3); Auckland Gas (cont.) (150). 2s lid; Kaiapoi (cont.) (515), 8s 3d; Broken Hill Pty. (50), 46s 3d; Fletcher Holdings (400), 30s 4d; Fletcher,Holdings (200), 30s 3d; Milburn Lime (100), 35s 6d; Weeks. Ltd. (33), £l2 ss; Mount Lyell (100), 26s 9d. . WELLINGTON Sales.—Late Wednesday: NB. Drug (58), £5 2s 6d; Woolworths, Ltd. (200), 23s «d. Yesterday; Ins. Stock, 15/2/55-58, 3 p.c. (£800), £9B 10s (2); British Tobacco (50). 50s 6d. DUNEDIN Sales Reported.—Bank of Australasia (50), £9 10s; Broken Hill Pty. (100), 46s 3d; NB Refrig (cont.) (100), 14s; Bruce Woollen .(ord.) (334), 34s 3d (odd lot); Mount Morgan (300), 7s 4d; Ins.. Stock, 1947-49, 21 p.c (£2500), £9B 2s 6d; Ins. Stock, 1949-50 21 p.c. (£2000), £96 15s (2); Ins. Stock, 1955-58, 3 p.c. (£220), £9B 7s 6d (odd lot) The sales of Ins, Stock, 1946-49, 4 p.c., reported on Wednesday at £lO3 15s, should have been £IOO 15s. COLONIAL SUGAR COMPANY CRITICISM IN AUSTRALIAN PARLIAMENT (Rec. 5.5 p.m.) CANBERRA, May 31. The Colonial Sugar Refining Company should be one of the first Industries to be nationalised, the Minister of Labour (Mr E. J. Holloway) told the House of Representatives. The Minister was answering a question on the strike by sugar workers at the company's factory In Victoria He said that the company for many years had possessed a ratfier dubious reputation as a monopoly which was careless of the public interest. A Victorian Labour member said industrlal disputes among sugar workers in Victoria had resulted in shortened supplies so that many people could not obtain refined sugar. He asked the Commonwealth Government to Intervene In the dispute. CUSTOMS RETURNS CHRISTCHURCH FIGURES A large increase in War Expenses Account . taxation revenue more than offset a falling off in the collection of customs duties at Christchurch last month. Revenue from beer duty and sales tax showed an increase in each case Returns for last month, with those for May of last year in parenthesis, are as follows; customs duties, £66.087 (£75 825)beer duty £30,076 (£23,935); sales tax, *^ ar Expenses Account Returns for the first two months of the financial year, with those for the same period of last year in parenthesis, are as follows!—customs duties. £132 30& (£135.302): beer duty, £53.946 sales tax. £98.120 (£87.331); War Expenses (£269,936); total £583.342 (£534,102). WELLINGTON Customs returns for May, with the May 1944 figures in parenthesis, were: net customs, £222,147 (£232,250); sales tax. £106,554 (£109.831); beer, £23,718 (£19,119); war tax, £380,564 (£393.420) DUNEDIN Following are the May customs returns for Otago, with those for last year in parenthesis:—customs. £37.370 (£44 7781 ■ beer duty, £43,633 (£40.819); saies tax £30,775 (£29,548); war expenses account* £121,223 (£116,084).