COMMERCIAL

Press, Volume LXXXI, Issue 24582, 2 June 1945, Page 8

COMMERCIAL

STOCK EXCHANGES

INCREASED BUSINESS YESTERDAY Markets continued firm and active on the Stock Exchange yesterday, and there was a strong inquiry in all sections and an increased volume of business in a wider range of stocks. Sales on ’Change.—Listed Stocks: 100 Bank of New Zealand, 47s sd; 100 Goldsbrough Mort., 31s 9d (cum div.): 100 North Canterbury Freezing (pref.), 22s 3d; 350 New Zealand Breweries (cum div.) 44s (2). Sales Reported.—Listed Stocks: £2OO 2i per cent. Victory Loan, 1949-50, £96 17s 6d; - £370 N.Z. Government 2J per cent. Stock, 1949-51, £96t £IOOO 3 per cent. Victory Loan, 1935-58, £9B ss; 200 Bank of Adelaide, £6 2s; 241 National Bank of Australasia (£lO paid), £l2 19s, £l3; 10 Bank of New South Wales. £34 12s 6d; 500 Bank of New Zealand (late sale Thursday), 47s 4d, 47s sd; 100 Fletcher Holdings, 30s 6d; 200 Frozen Products, 16s 7d; 955 New Zealand Guarantee Corporation, 4s 4d (2); 200 Macduffs. Ltd. (pref.). ?6s; 110 Macduffs (ord.), 16s 3d; 200 N.Z. and River Plate, 21s 6d. Sales Reported.—Unlisted Stocks; 100 Selfridges, N.Z. (contr.) (late sale Thursday), 12s 6d. LATEST QUOTATIONS N.Z. Govt. Debentures: 2J per cent. Ins., 1946, b. £99 12s 6d; 2] per cent. Ins., 1947, b. £9B 10s; 2J per cent. Ins., 1947-49, b. £97 17s fld. s. £9B 2s 6d; 3 per cent. Ins., 1946-48, b. £99 10s; 3 per cent. Ins., 1952-55, b. £97 17s 6d. s. £9B 2s 6d; 3 per cent. Ins. May, 1953-56, b. £97 2s6d; 3 per cent. Ins.. Dec., 1953-56, b. £9B 7s 6d, s. £9B 15s; 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. 19s 7d, s. 19s Bd. Other Debentures.—Grgy Electric 41 per cent. (1/4/52), s. £lO5. Banks.—Australasia, b. £9 ss, s. £9 11s; Commercial of Australia, b. 17s lOd; E., S„ and A., b. £4 13s 6d; National of Australasia (£lO paid), b. £l2 19s 6d; National of New Zealand, s. £2 18s 6d; New Zealand, b. £2 7s 4d, s. £2 7s Sd. Loan and Agency.—N.Z. and River Plate b. £1 Is; Wright, Stephenson, s. £1 10s; Wright, Stephenson (pref.), s. £1 6s 3d; Newton King (pref.), b. £1 3s. Frozen Meat.—Canterbury, b. £l4 15s; Canterbury (pref.), b. £8; Gear, b. £1 5s 9d; N.Z. Refrigerating (£1 paid), b. £1 9s, s. £1 9s 6d; N.Z. Refrigerating (10s paid), b. 13s lid; North Canterbury Freezing (pref.), b. £1 2s* s. £1 2s 9d. Woollens.—Bonds Hosiery, b. £2 5s 6d; Bruce, b. £1 14s sd. s. £1 14s 9d; Felt and Textiles, b. £2 13s 6d, s. £2 17s; Kalapol (17s paid), b. £1 3s Id; Kalapoi (7s paid), s. 8s 6d; Kaiapol (pref.), b. £1 3s 6d; Oamaru. b. £1 7s; Timaru, b. 19s 9d. s. £l. , . x Gas.—Ashburton, s. £4 15s; Christchurch, b. £1 6s 8d; Timaru, b. 15s 3d, s. 17s 6d; Timaru (contr.), b. Is. Breweries—Ballins, b. 17s, s. 18s; New Zealand, b. £2 3s 9d, s. £2 4s; Westland, s. £1 7s 6d. Miscellaneous.—Allojr Steel, b. £2 7s 6d, s. £2 13s; Beath and Company, b. £1 13s 4d; Beath and Company (Is paid), b. ss; Berlei (N.Z.), b, £5. s. £5 10s; Booth, Macdonald (ord.), b. Is 6d; Booth, Macdonald (pref.). s 8s 10d; Fletcher Holdings, b. £1 10s 3d, s. £1 10s 9d; Mason, Struthers (£1 paid), b. 17s 9d; Metters, N.Z., b. 19s 3d; Milburn Lime, b. £1 15s 6d, s. £1 17s; McKenzies, Ltd. tcum div.), b. £3 4s; N.Z. Farmers’ Co-op. (“A” pref.), b. £3 10s; N.Z Farmers’ Coop. (4J per cent. Stock, 30'0/54). s. £101; N.Z. Farmers' Fertiliser (pref.), b. £1 4s 9d; N.Z. Forest Products, b. 6s 3d; N.Z. Forest Products (pref.), b. 11s; N.Z. PSper Mills, b./£2 0s 6d. N.Z. Mining.—Arahura, b, £1 14s; Assoc. Gold Dredges, s. 4s 9d; Austral.-N.Z.. s. 12s;‘Big River, b. 4id. s. 7d; Grey River, b. 9s 6d. s. 11s; Ngahere. s. 7s; Ngahere (deferred), s. 2s Cd; Slab Hut. b. 2s, s. 2s 3d; Snowy River, b. 6s Bd, s. 7s. Unofficial List—A.P.A.. b. 17s, s. IBs; Amalgamated Batteries, b. 17s, s. 21s; Amalgamated Batteries (pref.), b. 17s 6d; Associated Motorists Petrol (pref.), b. 27s 6d; Australian Motorists Petrol (cum div), b. 255. s. 27s 9d; Amberley Lime, b. 17s 6d, s. 20s 9d; Christchurch Press, b £lO 10s; Harley Chambers (cum div.), b. 17s 6d; Southland Breweries, b. 20s; Teremakau (5s paid), b. 4s 3d, s. ss; Waimati Gas, s. 16s; Wilton Collieries, b. 21s 6d, s. 245; Victoria Mansions, b. 17s 6d. AUCKLAND Sales.—Liberty Loan, 15/8/47-49, 2] per cent. £16,650, £9B 2s 6d (3); Stock, 15/4/49-51, 2] per cent. (£370), £96; Liberty Loan. 15/9/52-55, 3 per cent. (£500), £97 17s 6d; ditto, 15/12/53-56. 3 per cent. (£4550), £9B 12s 6d (2); Stock. 15/9/46-48, 3 per cent. (£800), £99 15s: Auckland Harbour Board, 9/7/59, 41 per cent. (£200), £111; Auckland City, 15/12/63. 41 per cent. (£200). £lO9 10s; Auckland Gas, perp. deb. (£103), £B7 15s; Commercial Bank of Australia (200), 18s; Bank of New South Wales (40), £34 10s (4): Bank of New Zealand (300), 47s 4d (2); ditto. D. Mort. (431), 27s 8d; Standard Insurance (50), 83s 9d; TAupiri Coal (100), ?9s; Auckland Gas (100), 7s 3d; Northern Steam con. (500). 3s 3d; Parker Lamb (1000), 4s 6d; Dominion Breweries (50), 495; Broken Hill Proprietary (100), 46s 3d; ditto (300). 46s 6d (4); Colonial Sugar (5), £59 12s 6d; Farmers' Trading (375), 27s 5d (2); ditto (305), 27s 6d; Fletcher Holdings (600). 30s 4d (5); K.D.V. Boxes (200). 12s; New Zealand Drug Company (76), £5 7s Gd: Mount Lyell (100), 2Gs 9d: ditto (100), 2Gs 7d; Mount Morgan (440), 7s 5d (2). WELLINGTON Sales.—Late Thursday: 3 p.c. Stock, 15/12/53-56 (£1600), £9B 10s; 3 p.c. Stock, .15/2/55-58 (£600), £9B 10s; Bank of New South Wales (6), £34 15s; K.D.V. Boxes (400), 12s; Macduffs (110), 16s 3d. Yesterday: 21 p.c. Stock. 15/6/47-49 (£6000), £9B 2s 6d; do. (£250), £9B; 3 p.c. Stock, 15/5/53-56 (£700), £97 7s 6d; 3 p.c. Stock, 15/2/55-58 (£1300), £9B 10s; Bank of New Zealand (D) (125), 27s 9d; Jas. J. Niven (300), 20s 6d; Frozen Products (200), 16s 7d; Farmers’ Trading (100), 27s 6d; Broken Hill Pty. (200). 46s 6d. DUNEDIN Sales Reported: Bank of New Zealand (100) 47s 4d; New Zealand Refrigerating (paid) (200), 29s 3d; 2J per cent. Inscribed Stock, 1949-50 (£1000), £96 15s; 3 per cent. Inscribed Stock, Dec., 1953-50 (£1000), £9B 10s; New Zealand Paper Mills (200) 40s 6d. #

COMPANIES REGISTERED

The registration of the.following new companies is notified in the current issue of the “Mercantile Gazette":— Musgrove (F. E.), Ltd. Registered as a private company, March 29. Office; 14 Charles street, Blenheim. Capital; £IO,OOO into 10,000 ordinary £1 shares. . Subscribers: Blenheim, F, E. Musgrove 9999 and O. Musgrove 1. Objects: to acquire and take over as a going concern tl undertaking and goodwill of the business of a builder and contractor heretofore carried on by r, E. Musgrove, Blenheim, builder and contractor.

Marlborough Timber Company, Ltd. Registered as a private company April 24. Office: 14 Charles street, Blenheim. Capital: £SOO into 500 ordinary £1 shares. Subscribers: Blenheim, F. E. Musgrove 498, E. I. Hubbard 1, and T. H. Barnes 1. Objects: to commence and carry on business as timber merchants, sawmill proprietors, and timber growers. Aitchlson (S.), Ltd. Registered as a private company, May 18. Office: 153 Hereford street, Christchurch. Capital; £IOOO in shar.es of £1 each. Subscribers: Christchurch, S. Aitchlson 600, D. Aitchlson 400. Objects: dealers in hardware and Ironmongery, and incidental.

COMPANY NEWS

Trustees, Executors Company.—The directors of the Trustees, Executors, and Agency Company, Ltd,, report a net profit of £2604 for the year ended March 31, and a oalance, after the payment of an interim dividend, of £6192, to be dealt with, and they recommend the payment of a dividend of 4 per cent, (making 7 per cent, tor the year), absorbing £I2OO. and tlie writing off of £250 off freehold properties and £56 off furniture, leaving a balance of £4036 to be carried forward, subject to Income, social security, and national security taxation.—(P.S.S,) .