STOCKS AND SHARES

Dominion, Volume 33, Issue 281, 22 August 1940, Page 14

STOCKS AND SHARES

Yesterday’s Quotations WELLINGTON EXCHANGE The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follows:—

CASH ORDERS (AMALG.) Decrease In Net Profit Net profit of £86.202 shown by Cash Orders (Amalgamated), Ltd., tor the year ended June 30, is a decrease of £li,6J4. The profit is struck after providing £42 200 for taxation. Had taxation remained at the pre-war level, the directors state, the profit would nave been equal to that of any previous year. Ordinary dividend at a steady rate of 15 per cent, requires £t>6,426. Preference dividend of 10 per cent, is a charge of £15,000. Transfer to reserve is £lo,ooo (against £25.000 last year), and £3997 iw carried forward, against £4-20 brought

Adelaide Steam. Dividend ■\delaide Steamship Co., Ltd., has reduced the final half-yearly dividend to :;i per cent., making (ii per cent, for the year. Last year, interim dividend was ;;j per cent., and final 4 per cent., making 71 for the year. Wilcox Mofflin Dividend Wileox Mofflin, Ltd., announces a dividend of 1/6 per share, equal to 13.63 per -■ent. This is the first dividend since 1930-37, for which the rate was 1/- per share (9.09 per cent.). London Price Of Tin ! i»\ I•' !»‘U •'•(• ?• I* t •.- i, * t>|t,V t'llZlif • LONDON, August 20. The price of tin is quoted as follows: — Spot, buyers £261/10/- a ton, sellers 11261/15/-; forward, buyem £262. sellers 1?262 z 5/-.

N.Z. GOVT. LOANS. Buyers. £ s. <1. Sellers. £ s. d. 3 p.e. Stock, 15/7/ G 1939-11 OS 17 —• 3i p.c. ditto, 15/1/ 0 3J p.c. ditto. 15/11/ 1038-11 100 0 0 ..... 1 P.C. ditto, 15/3/19406 43 1«! 12 . Ditto, 15/2/1943-4G . 102 0 0 Ditto, 15/4/1946-49 - 104 0 Ditto, 15/5/1949-02 . 104 10 0 Ditto, 1.5/G/1952-5U . 105 0 0 —. Ditto, 31/5/1951-5S . 10a 0 0 — 3 p.c. Bonds, 15/7/ 17 34 p.c. ditto, 15/1/ 0 4 p.c°dltto, .15/0/1952- _ 55 105 0 0 - 4 p.c. iturai Bonds, 15/9/1947 103 31 p.c. State Advances, u 0 — 15 0 ■M. LOCAL BODIES’ DEBENTURE: Wgtn. Hr. Bd., 4} p.c., oq /o ii 106 0 0 — OTHER DEBENTURES. Ainal. Brick, Wgtn., 0 (> p.c., 31/3/44 .... 101 0 —■ Auckland Gas, perp. 0 BANKS. Australasia 8 0 — Coni r cl. of Aust., ord. xO 13 6 0 u 1G National of N.Z. J New South Wales .... x-'o 10 0 1 0 *' Ditto. D. long term 1 G G — FINANCIAL Abraham and 'Williams, 18 3 deb. stock •• Equitable Bdg. Co., p.c. perp. deb. Stic. u Newton King, pref. .. O 0 10 9 N Z. Guarantee Corp. 0 3 1 Wirtn. Invest., T. & A. xO 9 Wgtn. Trust, Loan .. 4 10 0 Wright, Stephenson .. — GAS. Auckland, 10/- fully paid 0 7 n - -- 4 0 —— 1 9 — 8 10 0 Wellington, ord J10 7 — 1 9 INSURANCE. National of N.Z 0 17 9 — 18 6 Qnnfli ...... a 2 6 6 ooulu 16 G MM MEAT PRESERVING. Canterbury, pref 6 5 0 7 0 0 0 N.Z. Refrigerating .. 0 19 3 — Ditto. 10/- paid .... 0 8 6 Southland 1 13 0 WOOLLEN. Bond’s Hosiery Mills 1 o y — Felt and Textiles, ord. 1 15 0 14 ,) 19 0 io 0 0 — Wellington, ord. ..... x7 s7 6 6 0 COAX.. Westport-Stockton ... 0 0 0 2 4 TIMBER. G Leyland-O’Brien .... 0 18 Itotoiti — Taupo Totara, ord. .. — x.0 0 BREWERIES. ■. — 1 o & 0 10 •<) — N.Z. Breweries 1 13 a — miscellaneous. 6 British Tobacco .... — — Broken Hill Pty 2 Claude Neon Lights 1 18 9 (7SJ Z ) n G Colonial 'Sugar 47 17 b Consol. Brick & Pipe 0 Dental & Medical Sup7 Id * V * ’ fi 12 0 —• 2 G —— Electrolytic Zinc, ord. G. J. Coles 2 2 G i 19 i 0 Ditto, pref. 0 lo 0 19 3 — 0 4 3 National Electric .... 0 16 G 0 18 0 N.Z. Drug, cum rights 4 0 G — R. & E. Tingey, pref. 0 19 6 — Taranaki Oiliields .... 0 Taranaki Oil Developu 0 -• Victoria Laundry .... — 1 0 6 Ditto, contrib — 0 15 Wilsons (N.Z.) Cement 0 18 1 —• Win. Cable, pref. ..... 1 1 10 Woolworths Ltd., ord. 0 15 9 0 16 6 Woolworths (N.Z.), ord. 0 lu 1 Death and Co — 0 17 Sellridges (A/asia.) . —- 0 12 14 Mason Struthers 0 mining. 0 G Dig LVlvci Grey River 0 15 0 0 3 0 0 5i Australian Mining. Broken Hill South ... — 1 5 3 Mount Lyell 1 Mount Morgan — 0 8 6 Ditto pref ....... G OVERSEAS LISTINGS. Woolworths Holdings 6 (South Africa) ... 9 15 x Ex dividend. Unofficial List Buyers. Sellers. £ 8. d. £ 8. d. Colonial Motor Co. «. —. 3 1 10 0 Metters (N.Z.) Ltd. .. 0 R. & E. Tingey Ltd., 14 6 ord 0 19 Self ridges (N.Z.), 16/0 6 Todd Motor Corpn, 1 0 i 6 W. E. Woods Ltd — 0 12 0 Frozen Produucts ... 0 4 0 0 6 G N.Z. Oil Concessions . ■—■ 8 6 —-*

into the accounts. Year ended June 30, 1940. £ 86,202 Net profit .. 1938. £ 101,604 1939. £ 103,896 Loss ou land sale .... — 5,781 — Dividend — Ord., p.C. . Ord., amt. 15 56,426 15 56,426 15 56,426 Pref. 10 p.c. 14,916 15,000 15,000 To reserve . 30,009 25,000 15,000 Forward . .. 2,531 4,220 3,997 Depreciation 1,835 1,941 2,306 Net income . 298,640 302,285 293,492