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SHAREMARKET INDICES

Sharemarket indices are:— New York.—Dow Jones:

Myer Emporium.—The Myer Emporium. Ltd., had another good year to July 31. when net profit of the parent company advanced to a new record of £1,104.787, compared with £1.032.629 last year. Ordinary dividend is again 15 2-3 per cent., the rate established last year. It is equivalent to lOd a 5s stock unit. The final of 6d will be paid after the annual meeting on November 5. —(N.Z.P.A., Melbourne, August 27.) A.B.P.M.— Associated Pulp and Paper Mills. Ltd., lifted group net profit by £475.309, or 46 peg cent, to £1,506.236 for the year ended June 30. The profit is after heavier provisions tax £923,500 (up £423,470) and depreciation £912,874 iup £185,505). Dividend, as already announced, is up from 9 to 11 per cent.—(N.Z.P.A., Melbourne. August 27.) C.S.R. Shares.— Companies will now be permitted to hold shares in the Colonial Sugar Refining Company, Ltd., under their corporate names Cabled advice was received by the Auckland office of Colonial Sugar that amendments to the articles of association permitting this were approved by shareholders at an extraordinary general meeting in Sydney on Wednesday.—(P.A.)

Shares Kall Indust sold Dec 31 151 65 583 65 3.970.000 Jan 29 181 13 590 40 3,470,000 Feb 26 162 73 602 06 3.930,000 Mar 31 158 65 601 71 2.820,000 April 30 166 82 623 75 3.510.000 May 29 167.33 643.79 2.790.000 June 30 167.62 643.60 3,200,000 July 31 167 80 674 88 3.270 000 Aug. 24 162.38 653.22 1.860,000 Aug. 25 162.42 655.96 1.960,000 Aug. 26 . 162.53 657.57 2,210,000 London.—Financial Times (Industrial ordinary 1935 equals 100, Goveminent 1926 equal? 100 gold 1955 equals 100)Indus, ora Govt Gold Oec 31 .. 225.5 84 72 86.0 Jan 29 .. 2133 86 42 87 2 Feb 26 .. 2198 86 85 89 3 Mar 31 .. 219 4 85 84 88.1 April 30 .. 228 0 86 10 86 7 May 29 .. 240 1 84 73 94.2 June 30 .. 239.0 86 16 93.1 July 31 .. 237 0 86 30 89.5 Aug. 24 .. 256 3 85.16 90.8 Aug. 25 .. 254.0 85.17 90.7 Aug. 26 .. 253.4 85.47 90.3 Sydney.—Sydney Stock Exchange (July 1936-June. 1939 equals 100): Banks Ketail Indus Dec 24 142.94 333.29 222.99 Jan 30 • • 143.60 342 62 231 01 Feb 26 141 41 346.31 231.83 Mar 31 .. 141 97 345 78 231 63 April 29 .. 146.60 343 83 241.85 May 29 152 86 350.55 250 56 June 30 153.83 361.37 259 19 July 31 162 77 37) 56 277 46 Aug. 24 164.19 368.76 ♦ 288.52 Aug. 25 163.89 371.30 289.14 Aug. 26 163.77 370.41 287 69

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19590828.2.167

Bibliographic details

Press, Volume XCVIII, Issue 28985, 28 August 1959, Page 15

Word Count
429

SHAREMARKET INDICES Press, Volume XCVIII, Issue 28985, 28 August 1959, Page 15

SHAREMARKET INDICES Press, Volume XCVIII, Issue 28985, 28 August 1959, Page 15

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