WELLINGION EXCHANGE

Dominion, Volume 36, Issue 304, 18 September 1943, Page 9

WELLINGION EXCHANGE

Yesterday’s Quotations

The latest buyers and selling quotations recorded vesterday on Hie Melllngtou Stock Exchange were as follows:— Buvers. Sellers. £ s. d. £ s. d.

Placer 3 5 0 — Rawang Tin — 0 9 6 c Cum dividend, x Ex dividend. Stock Exchange Sales

Dealings in stocke and shares recorded on New eZaland’s Stock Exchanges yesterday were as follows, the number of shares in each lot being shown iu the ease of Wellington:—

AUCKLAND. laser. Stock, 21, per cent'., 15/9/47, £97 5/-:. ditto, 31 per cent., 1957-60, £100; Auckland Gas, 31 per cent. perp, deb., £B6 15/-; Com. Bank of Sydney, £2l; Abraham and Willinms, 10/-; N.Z. Rettig., 10/paid. 12/3; Aust. Consol. Industries (3), £2/16/-: Consol. Brick, 9/-; Claude Neon (N.Z.), £l/7/6; G. J. Coles (2), £3/1/-; McKenzie’s Dept. Stores, £2/7/6; Wilson's Cement (3), 18/9; Walhi Investments 4/7J. CHK.ISTCHUItCII. Kaiapoi IVooileu, 17/- paid, £l/2/9; Swan Brewery, £l/5/-; Tooheys, Ltd. (2), £l/12/6. DUNEDIN. Nat. Bunk of N.Z., £2/9/9; N.Z. Insurance, £4/5/Milne & Choyce, Ltd. Satisfaction with the slightly increased net profit, attained after four years of war and with apparel rationing in operation for over a year, was expressed by Mr. J. S. Milne, chairman of directors, at the annual meeting of Milne and Choyce. Ltd., Auckland. Mr. Milne pointed out that the firm employed a staff of 600 with a wage bill exceeding £120,000 per annum, while purchases in the Dominion only for the last year exceeded £350,000. For 2G years profits had been shared with employees, and during that period the total distributed was nearly £70,000. The company was in a sound position, with liquid assets showing a surplus of £61,307 over current liabilities and 55 per cent, of the latter was represented by reserves for taxes. Gold Mining The Grey River return for the period ended September I's was 3260 z. for 257 hours from .156,799 yards. Bartholomew Timber Year The accounts of tlie Bar the io mew Land and Timber Co., Ltd.. Hamilton, for the year ended July 31, show a net profit of £3014. compared with £3244 in the previous year and £3162 in 1941. After adding the balance brought forward, £4997, and deducting £1250 paid as interim divident, there is £6761 available. The directors recommend a final dividend ot ! 2| per cent., making 5 per cent, for the year, and in .addition, a bonus of 1 per cent. This will absorb £1750, leaving £5Oll to be carried forward. The' distribution is unchanged. Tlie report states that there has been an unsatisfied demand for timber for inilitarj’ purposes and supplies available for civilian requirements have been greatly restricted. Tlie retiring director, Mr. C. Sutcliffe, is nominated for re-elec-tion.

Wellington Poultry Prices Prices of live poultry in the Wellington markets are quoted by Townsend and Paul. Ltd., as follows: — White Leghorns: Hens, best 6/- r.o Syeach. others 4/- to 6/- each; cockerels. 1/8 to 1/9 per lb., live weight; pullecs. best 12/- to 14/- each, others S/- to 12/- each. Black Orpingtons: Hens, heavy 8/- to 11/each, light (i/- to 8/- each; cockerels, heavy 1/S to 1/9 per lb., light 1/8 to 1/9 per lb. Rhode Island Reds: Cockerels. 1/8 to 1/9 per lb. Ducks.—lndian Runner. young 7/- to 10/- each, old 4/- to 7/- each; white, young 8/- to 12/- each, old 6/- to S/- each. Geese: 5/- to 8/ each. Turkeys: 1/9 to 2/ per lb. live weight. Dressed poultry: Boilers, hcav.v o/- to 7/- each,Hight 3/- to 5/- each; chickens. 1/8 to 1/9 per 11).; ducks, 6/- to 8/- each; geese. 6/- to 7/- each; turkeys. 1/9 to 2/per lb.

2’ p.C.» J/8/46 ...... 2A p.c., 15/9/47 p.c 15/5/48 96 15 0 0 0 - 2l p.c.,’ 35/6/47-19 .. 96 15 0 — 3 p.c., 15/7/1945 .... 99 0 < i — 3 pc., 1/8/51-54 us i) 0 —- 3 p.c., 35/9/52-55 .... 97 16 0 —— 3 p.c., 15/5/53-56 9S 7 6 3 p.c., 15/12/53-56 ... 98 0 O —— 3.1 p.c.. 15/1/56-59 .... 100 5 0 —- 3, p.c., 15/9/o7-60 .... 99 15 0 34 p.c., 15/1/53/57 .... — 102 15 0 4 p.c.. 15/2/43-46 .... 101 0 0 — 4 p.c., 15/4/16-49 .... 393 15 (1 — 4 p.c., 15/5/49-52 .... 104 15 0 . Liberty Bonds, 15/9/49 0 19 0 — Hank N.S.W 33 lu 0 Bank New 'Zealand —— 2 2 4 Nat. Bank A/asia. £10 12 0 0 N.Z. Guarantee 0 3 — Loan and Merc. 38 0 0 — W.F.C.A. prof xO 7 0 — Wgtn Inv. T. & A. .. 0 7 —— AVn. T. and Loan 3 7 6 A neklan J Gas ■ —. 0 7 o W’etoi). Gas, pref: .. 1 3 0 New Zealand Ins — 4 •> 3 Queensland Ins .» 0 6 — .Standard Ins 3 14 0 Gear Moat • ••• 1 2 3 ■'' Wgtn. Meat Exp. ... 0 10 0 — N.Z. Ref. £1 1 5 — Euddart, Parker .... 2 IS 0 — Union Steam pref. .. 1 10 0 — Westport Coal 1 4 9 Bruce Woollen, pref. . —— 1 7 j Felt and Textiles .... x2 • 9 3 — Manawatu Knitting .. 1 16 0 — Oamaru Woollen .... 1 4 9 Prestige, pref 1 7 0 18 0 Tiniaru Woollen 1 0 113 Wellington Woollen 8 12 0 — 8 14 0 Rotniti* Timber 0 6 __ N.Z, Breweries .... 1 16 —- Dominion Breweries . — 1 IS 3 — - 2 17 0 A C I 2 17 0 British Tobacco .... x2 7 0 Broken ITill ■ ■ ■ 2 5 9 Burns, Philp 3 O 0 Consol Brick — 0 9 2 Cox Bros . xO 0 6 — Claude Neon (N.Z.) .. 1 11 0 D.I.C. pref 1 5 6 — Dunlop Rubber xl 3 3 —— 2 16 9 ■ ■ G J Coles 3 2 6 Griilin and Sous, £1 . 1 0 O — Ditto. 10/0 10 0 Hume Pipe c0 15 0 — I.C I., pref, .......... 1 5 — J. J. Niven 0 15 1 Macduffs, pref. ..... Xl 4 0 15 0 McKenzie’s . 2 7 3 2 8 3 Maekv Logan ...... 1 9 6 Metters (N.Z.) 0 17 0 Morris ITedstrom .... 1 11 0 — Nat "Electric ...... 1 s 0 —— N.Z. Newspapers 1 19 8 Sharland & Co., ord. 1 8 0 — 1 1 0 Taranaki Oil 0 3 — 1 s b - Ditto pref. ...... 1 1 0 —— Mar tli a 0 9 5 Mt Lyell l 10 6 Loloma — 1 3 0

W1SVJLINGTON. No. of Sale pries shares mJ s. Cl. £ 250 I user. Stock, 3 p.c., 1951-54 *98 0 0 £.1000 Ditto, 3 p.c., 15/12/53-50 . ?98 £ 6 £400 Di Ito 08 G £500 Inset-. Stock, + p.c., 1946-19 103 17 « £280 Ditto, 4 p.c., 19+9-52 .... 10+ 17 6 1+2 Bank o£ N.Z. D Mort .. *1 12 0 '■ • >. > Colonial Sugar ”58 0 0 21)0 Consol. Brick *0 9 9 100 McKenzie's Dept. Stores . 2 7 0 100 Broken. Hill South 1 *Late sales, Thursday. 6 2