COMMERCIAL

Press, Volume LXXXI, Issue 24742, 6 December 1945, Page 6

COMMERCIAL

STOCK EXCHANGES

MODERATE TURNOVER YESTERDAY

There was a moderate turnover on the Stuck Exchange yesterday and business was well spread. Sales on 'Change.—Listed Stocks: £6O Wool Bonds. 1/2/49. 20s sd; 100 Huddart Parker (pref.), 31s 3d; 100 Woolworths (N.Z.) (ord.), 24s Id. Sales Reported.—Listed Stocks: 40 Commercial Bank of Australia (pref.), £lO 15s: 125 Dental and Medical, 275; 100 Dental and Medical, 275; 100 Frozen Products, iOs 3d; 100 Frozen Products, 20s 3d; 100 Kauri Timber (ex div.), 31s; 300 Macduffs, Ltd. (ord.), 16s 6d; 100 Reid, N.2. Rubber (cum div.). 31s; 100 Woolworths (N.Z.) (ord.), 24s 2d; 300 Ngahere, 7s 6d; 200 Ngahere, 7s 6d: 400 Ngahere (deferred). 2s 6d. Sales Reported.—Unlisted Stocks: 50 Felt and Textiles of N.Z.. 40s; 50 Felt and Textiles of N.Z.. 40s; 50 Felt and Textiles of N.Z., 40s; 50 Felt and Textiles of N.Z., 40s; 50 Felt and Textiles of N.Z., 40s; 50 Felt and Textiles of N.Z., 40s; 50 Felt and Textiles of N.Z.. 40s; 50 Felt and Textiles of N.Z., 39s 9d; 50 Felt and Textiles of N.Z., 39s 9d; 50 Felt and Textiles of N.Z., 39s 9d; 50 Felt and Textiles of N.Z., 39s 9d; 50 Felt and Textiles of N.Z., 39s 9d.

LATEST QUOTATIONS N.Z. Govt. Debentures: 21 per cent. Ins., 1947. b. £99 12s 6d, s. £IOO 10s; 4 per cent. Ins., 1849-52, b. £lO2 12s 6d; Wool Bonds (1/2/49), b. £1 0s 4d, s. £1 0s 6d. Banks: Australasia, s. £9 0s 6d; Commercial of Australia (pref.), b. £lO 15s, s. £ll 2s 6d; E., S„ and A., b. £4 lis 9d. s. £4 12s 9d; New South Wales, s £33 17s 6d Insurance: National, b. £1 6s Id, s. £1 6s 2d; Queensland, b. £3 JOs; South British, b. £4 10s. Loan and Agency: N.Z. and River Plate, b. £1 2s 6d; N.Z. Loan and Mercantile (ord. stock), s. £7O; N.Z. Loan and Mercantile (pref.), b. £lO7 10s, s £112; Wright, Stephenson, b. £1 7s 9d. Shipping: Huddart Parker (pref.), b. £1 lis 3d. Frozen Meat: Canterbury (pref.), b. £8 7s 6d; s. £8 15s; Gear. b. £1 7s 9d; N.Z. Refrigerating (£1 paid), b. £1 lis, s. £1 lis 9d; Wellington, b. £l. Woollens: Bruce, s. £1 18s; Kaiapoi (17s paid), b. £1 2s 6d, s. £1 2s 9d; Kaiapoi (con., fully paid), b. ,£1 Is lOd; Kaiapoi Cpref.), b. £1 4s 3d; Timaru, b. £1 0s 4d. Coal: Westport, b. £1 ss, s. £1 6s 9d. Miscellaneous: Beath and Company (is paid), b. 7s lOd. s. Ss; Booth, Macdonald [Pref.). b. 9s 4d, s. 10s; Broken Hill Pty., b. £2 ss.- s. £2 6s; C.F.C.A.. b. £1 Is 6d; £- F ; c - A i<P ref ->. b. £2 2s 6d; Canterbury Roller Flour, b. 15s 6d; Colonial Sugar, b. £57 10s; Con. Brick, b. 9s 6d, s. 10s 3d; Dental and Medical, 'b. £1 7s; Electro Zinc. b. £2 18s 3d. s. £3 0s 9d; Frozen Products, b. £1; General Industries, b. £1 6s 3d; Griffin and Sons. b. £2 4s 6dHays, Ltd. (cont.), b. £2 7s, s. £2 10s Kauri Timber (ex div.), b. £1 10s 6d s. £1 lis 3d; Morts Dock, b. £1 8s 9d; Macduffs, b. 16s 4d. s. 16s 6d; N.Z. Newspapers, b. £2 6s> s £2 7s; Nz Paper Mills b. £1 19s 9d; Otago Daily Times, fc J £2 14s 6d : Wilson's Cement, s. 18s lOd; Woolworths (N.Z.). b. £1 4s, s. £1 r?,J d ; Australian Mining: New Broken Hill. b. £1 3s 3d. N.Z. Mining: Ngahere. b. 7s sd. s. 7s 7d.

AUCKLAND Sales.—lns. Stock. 1/8/46, 2i per cent (£2OO . £IOO 12s 6d: Liberty Loan? 15/6/47: 49, 2J per cent. (£210), £IOO 2s 6d; Com. B /nk of Aust. (200). 18s 9d; Com. Bank of Aust (250), 18s lOd; Com. Bank of V?£\ lS ref - } (40) - £l ° 15s : Kaitangata (100), 255; Auckland Gas (250), 7s 8d: Northern Steam (con.) (1000), 2s 8d; Kauri Timber (100), 31s 3d; Kauri Timber (100). 31s; Leyland-O'Brien (400), 25s 3d; N.Z. Breweries (100), 46s 9d; N.Z. Breweries (500), 46s 6d; Farmers' Trading (pref.) (300). 27s 9d; McKendrick (pref.) (200). 275; Maeky, Logan (200), 38s; Geo. Court (100). 55s 9d; Reid Rubber (100), 30s 9d, Reid Rubber (100), 31s; Silknit (100), 30s; WooLworths, N.Z. (100), 24s 2d. Unofficial list: Felt and Textiles. N.Z. (300), 40s.

WELLINGTON _ Sales.—Late Tuesday: Ins Stock. 15/9/52o5 3 per cent. (£250), £IOO 12s 6d; Woolworths Properties (100), 325; Felt and Textiles of N.Z. (100), 40s. Yesterday: Tns Stock, 15/6/47-49, 2J per cent (£1100), £IOO 2s 6d: Ins. Stock, 15/2/55-58, 3 per cent. (£500). £IOO 15s; Ins Stock. 15/4/56a 9, 3 per cent. (£500), £IOO 15s; Ins. Stock. 15/4/56-59. 3 per cent. (£500). £IOO 2s Sd; tns. Stock. 15/9/57-60, 31 oer cent I £200). £lO2 2s 6d: -Ins. Stock. 15/4/5609, 4 per cent (£250), £IOO 7 S 6d; Leyland O'Brien Timber (300). 25s 2d; Macduffs Ltd. (300). 16s 6d; Jns Stock, .a/4/56-59, 3 per cent (£500), £IOO ss; Ins. Stock. 15/6/52-55. 4 per cent. (£250) £lO6 15s; Wellington Investment Trust a , n «l Apency (200), 9s 6d; Silknit (N.Z.) '100) ,3ns: Felt and Textiles (1001. 40s.

DUNEDIN ,g qS s - — Commercial Bank (ord.) (100)

Sales Reported,—lns Stock, 1956-59 3 per cent. (£1500), £IOO 2s 6d; Ins stock, 1951-54, 3 per cent (£2000), £lOl--m S , t ? ck \ 1952 -55- 3 per cent. (£1000). £IOO 10s; Ins Stock. May 1953-56. 3 per « nt <&1000). £100; Ins Stock. Decemvir, 5 1; 5 5 3 ,£f1«: Cent < £ soo). £IOO 2s ii , n J nsb , t: Sto .S k ' 195 5- 5 8. 3 per cent. (£1000). 10 L lss A Com "iercial Bank (ord.) (300), 18s 9d; Commercial Bank C2sfr), 18s lOd: nfi\ tan I a p ta , C % a J '3.W 255: Unlon Ba nk ™l,. £B 2s 6d: Wilson's Cement (200), J?i-? d; ., D f, ntal and Medical Supplies iM^'r? 7S: W oo jw>rths, Sydney (200) 23s lOd: Dunedin Breweries (100). 30s.

COMPANY NEWS

Traders' Finance.—A reduction of E642 tUS&P"!?-* t0 m % ls by the Traders Finance Corporation. Ltd.. for the year ended September 30. . After pro- !?„'•• out of w h«ch the directors propose to pay the usual 3J per cent divt?S2SiJ bs . orblnß J fflo1 °- ,eavi "R £8877 to be carried forward, compared with £8331 broughi In. Gross profit earned was »„11«|»r «t £8649 There was a rise of E17.241 in advances to £50.127. and a counter-balancing rise of £14.930 in liabilities, mainly to the bank—(P.S.S."