DEALINGS ON ’CHANGE

Dominion, Volume 33, Issue 70, 15 December 1939, Page 12

DEALINGS ON ’CHANGE

Yesterday’s Business

SALES IN THE DOMINION

Sales of stocks and shares recorded yesterday on the stock exchanges of the Dominion were as follows, the number of shares in each lot being given in respect of Wellington sales:— WELLINGTON.

METAL SHARES ACTIVE Australian Stock Exchange By Telegraph.—Press Assn.—Copyright (Received December 14, 9.43 p.m.) SYDNEY, December J-I. Business on the Sydney Stock Exchange today way confined largely to metal and tin stocks. Trices underwent only minor alteration. Sales included :

Morning sales included :—Commercial Bank of Sydney, £lB/11/-; Bank of New South Wales, £27; Australian Consolidated Industries (con.), 16/10*; Broken Hill Proprietary, 78/6; Cash Orders. 15/6; Dunlop-Perdriau Rubber, 19/-; Huddart Parker, 57/3. MELBOURNE, December 14. Sales on the Melbourne Stock Ex-

C. M. BANKS, LIMITED Difficult Trading Conditions The directors of C. M. Banks, Limited, in their 3Sth report covering the twelve months ended October 31, state that sales were practically the same as for the preceding year. A. reduction in the factory sales was made up by an increase in the stationery department sales which showed a marked improvement, on the previous year. The results from the factory were not so good as anticipated, partly on account of alterations which wasted time, ibut the improvements made should give more economical production.

The import restrictions adversely affected the profit, absorbed a great amount of time of the staff and caused considerable difficulty and anxiety. In view of the uncertain trend of business ami that extra cash may be required for the higher costs of stocks, the directors deem it advisable to conserve the funds. They recommend that a dividend of 2i per cent., free of social security tax be paid on the preference shares. This will irequire £362/10/-, leaving £323/15/- to be carried forward. Wellington Poultry Prices Prices of live poultry in the Wellington markets this week are quoted by Townsend and Paul Ltd. as follows: - White Leghorns: Hens, 2/6 to 4/each; cockerels. lOd. to 1/1 a lb.; pullets, best 4/- to 7/- each, others 3/- to 4/each. Black Orpingtons: Hens, heavy 4/to 7/- each, medium 3/- to 4/- each ; cockerels, heavy lOd. to 1/1 a lb., medium lOd. to 1/1 a lb. Rhode Island Reds: Cockerels. heavy, lOd. to 1/1 a lb. Ducks: Indian Runner, young, 4/- to 6/- each; old, 2/- to 4/- each. White, young, 4/- to 7/-: heavy. 4/- to 7/-. Geese: 4/- to 9/- each. Turkeys: 1/2 to 1/4 a lb. Australian Produce Markets By Telegraph.—Press Assn.—Copyright. (Received December 14, 9.45 p.m.) SYDNEY, December 14. There is a restricted inquiry for wheat. Silo grain is quoted at 3/5} a bushel, and bagged at 3/9}. Flour._£l2/15/- a ton. Bran and pollard, £3/15/-. Potatoes, Tasmanian, £11; local, north coast, £6/10/-. Onions, Queensland, brown, £9/10/-; Victorian, £9. Maize, white and yellow, 4/7 a bushel.

No. of Sale price shares. £1200 Govt. Stock, 4 p.c., £ s. d. 30/11/48 100 6 •200 Bank of N.Z 0 1) 500 N.Z. Guarantee Corpn. .. 0 10 200 Ditto (. 3 9' 1 6 3 50 N Z Insurance 3 0 too Crown Brewery, in liqu. 0 1 54 ♦1 16 0 100 Ditto 1 16 3 100 Electro. Zinc, pref 200 Taranaki Oilfields 3 3 0 a 16 1 "100 Woolworths (N.Z.) *0 3 100 Mount l.voll *1 13 6 Unofiicial list: 0 7 6 ♦Late sale Wednesday AUCKLAND s. d. Inser. Slock, 4 per cent.. 1940-43 16b 0 0 Ditto. 1 p.c., 1910-40 100 0 0 Ditto, 1 p.c., 1946-49 (2) 99 r > n Ditto, 4 p.c., 1948 100 6 Ditto, 4 p.c.. 1954-58 (2) 98 10 O Bank of New Zealand 0 . i 0 > i Union Bank 3 0 3 *0 3 9 18 U ( 1 O 3 7 Dominion Breweries, rights ... *0 7 0 6 >> 14 3 56 10 0 17 0 0 N.Z. Drug Co 3 15 0 0 0 *1 8 6 N.Z. Itcfrig.. 10/- paid 0 3 1 0 Taranaki Oilfields 0 13 1 1 > i 1 13 3 0 12 II •Late sale Wednesday CHRISTCHURCH. £ Kaiapdi Woollens, 17/- paid ... 0 12 10 1 4 11 1 13 0 Sales' reported. N.Z. .Refrig.. £1 paid 0 19 9 1 16 0 1 16 o 14 3 0 16 11 *1 8 (j ~ Ditto (*>) * 1 8 0 0 12 3 Unofiicial list: — Associated Gold Dredges, 7/- pll. 0 10 0 ♦Late sale Wednesday. DUNEDIN. £ d. Inser. Stock, 4 p.c., 1949-52 ... 98 0 0 Bank of New Zealand w 0 6 N.Z. Refrig., 10/- paid 0 9 1 Westport Coal 1 4 0 ■Woolworths Properties *1 ■' 6 Dominion Breweries, rights ... *0 6 '. i Aft. Lvoli ♦1 13 0 N.Z .Refrig., £1 paid 0 19 6 ♦Late sale Wednesday.

£ s. d. Bunk of New South Wales _ i 6 0 Com. Banking Co. of Sydney 18 n 0 Queensland National Bank 4 10 «■» Huddart Parker X 17 6 Australian Gas, A .. 6 IS G. J. Coles 3 13 6 Woolworths, Ltd. 1 — 0 Australian Industries 1 IS 0 James Stedman 0 11 (> Gordon and Goteh G »> W i nch co nibe, C a rso n 1 8 0 Broken Hill Pty. 3 17 ti Kawang Tin 0 JO Lolorna 1 o 0

change today included : — G J. Coles £ 8. (1. 9 Dnnlnp-Perdriau 0 IS 11 Elpctrol ytic Zinc IS 0 Ditto, pref 1!) 0 Mount Lyell 1 10 0 Broken Hill Pty 3 IS 0 Broken Dill South 1 8 10 1'1 rn pe r o r Mines 0 12 ’ 6 Loloma 1 5 0