COMMERCIAL

Evening Post, Volume CXXXV, Issue 33, 9 February 1943, Page 3

COMMERCIAL

SHARE MARKET

TUESDAY, FEBRUARY 9, 1913. Buyers' prices; sellers' quotation is parentheses:— N.Z. Government Loans.—Stocks: 2',i per pent., 1940. £97 10s; _!Vj per cent., 1947, K9S Ds: 3 per cent., 1943, fi9U; 3 per cent.. lUul--54, (£9S 15s); 3 per cent., 1952-05, (£99 ' 15s) ; 3 per cent., 1953-50, (.€99 7s 0d) ; 3% per cent.. lttso-59, £100; 3^4 per cent., 1957----00, £101 10s; 3'/ a per cent., 1953-57, £10^ 2s 6d; 4 per cent., 1943-56, £101 10s; 4 per cent., 1952-55, £100 ss; 4 per cent., 1954-08, £107. Bonds. 4 per cent.. 194:5-40. £101 10s; Liberty Bonds, 1949, ISs 3d; 8s/ a S.A., 1914, (£lOl ss). ■ . Banks, Insurance, Finance.—Bank Asia., £J 6s; Coram. Bank, 16s lid; Bank N.S.W.t, £30 7s Gd; Bank N.Z., (£2 2s 3d); Bank N.Z "D," £1 10s 9d; Unionf. £7 10s; National Insurance, £1 ls 3d; New Zealandf. £3 I7^s Od (£4); South British, £3 8s; Queensland, £2 14s; Equitable Buildings (£1), £1; Equitable Buildings (10s), 10s; Golds. Mort. £1 <s 6d; N.Z. Guarantee, 3s ld; W.F.C.A. (pref.), 6s; Wn. Invest. T. and A., 7s 3d; W«ght, Stephenson, £1; National Mortgage A, £2 us; National Mortgage B, £1 4s. Other Shares.—Auckland Gas*, 5s 9u; Christchurch Gast, £1 2s 9d; Wellington Gas (ord.)'!, £1 10s 6d; Wellington Gas (pref.), £1 2s Od; Gear Meat, 19s 10d; Wgtn. Meat Export, bs; Bond^s Hose, £1 Us; Felt and Textiles, _£2 2s; Kaiapoi Wool, £1; Manawatu, £1 Us; Prestige (pref.), £1 2s 6d; Wellington Wool, £7 7s 6d; Wellington Wool (pref.), £7 los; Leyland Timber, £1; National, 9s; Kauri, £1 4s 3d; N.Z. Breweries, (£1 17s 6d) ; Tallin's Breweries (15s pd.). (14s) ; Berlei, N-f-T. £3 ss; Broken Hill, (£2 2s 9d) ; Burns Philp, -c"" 13s- Cox Bros., 6s: Dominion lertiliser, (£1 2s'6d) ; D.I.C, 15s 6d; Dunlop, £1 2s; Electro. Zinc (ord.). £2 12s; Electro Zinc (pref.), £2 14s; G. J. Colesr, (£2 19s 6d) ; Griffin and Sons (£1). 17s; Griffin and Sons (10s), 8s 6d; 1.C.1, (pref.). £1 4s 3d; MacDuffs (pref.), £1 0s 3d; McKenzies, £2 2s lOd; Macky Logan, £1 6s; Metters (N.Z.), ins; Milburn Lime, £1 14s; 'Otago Daily Times," £2 3s; National Electric, £1 4s bd, NZ Drug, £4 4s 6d; N.Z. Farmers Fert.. 18s 6d; N.Z. Newspapers, £1 15s; N.^.^aper Mills, £1 15s 6d; Tingey (pref.), £1 2s 6d, Sharland (ord.), £1 5s 6d; Sharland (pref . £1 6s 6d; Taranaki Oil, (ssi 6d) : Wilson s Cement, (19s ld) ; Cable (pref.), £1 3s 3d, Woolworths. Ltd.. (18s) : Woolworths (N.Z.). 15s 10d; Woolworths (pref.). £1 19s: Woolj worths (W.A.). £3: Grey River "redpe Us .W (Ms 3d) : Snowy River, Cs Od: Mount Morgan, (ills 3d): North Broken Hill. £2 7s; Auckland Harbour. 414 per cent. -(9/7/lOt. 2) _ (£108). No sales at first-cal! this day. fc.alcsm.ide after going to press yesterday: 400 War Loan. 1/10/1953. £94 10s: 1000 and oaO Commercial Bank of Aust., Ltd.. 17s; 150 Woolworths, Ltd.. 17s lOd; 50 G. J. Colesf, £2 19s: £800 3 per cent. Inscribed Stock (15/9/1952-55), £981 12s 6d- .1170 4 per cent Inscribed Stock (15/5/1949-52), £105 ss; 750 3 per cent Inscribed Stock (15/5/1953-56 £99 sa; loGoldsbrough Mort, £1 7s 9d; 150 G. J. Colest, £2 19s. , CHRISTCHURCH, This Day. Sales on 'Change: Bank of New Zealand, 42s Sales reported: 3 per cent. Stock (1951-54), £99 10s; Commercial Bank of Australia, 17a ld. (P.A.) AUCKLAND, This Day. Sales on 'Change: McKenzies, 435; Liberty Loan, May 15, 1945, 2% per cent.. £98; South British Insurance, 70s; Farmers" Trading, 21s 9d: N.Z. Forest Products (pref.). Ss Id; War Loan, October 1, 1953, £94 7s 6d. - ♦Cum div. |Ex div.

DIVIDENDS DUE. (P.A.) * AUCKLAND, February 8. Auckland Gas flnal dividend is 1 5,4 per cent., making 3 per cent, for the year.

Union Bank flnal dividend of 3s fid a share (sterling), less ls 0.4 d per share U.K. income tax, payable tomorrow. . „ tJ , Dalgety and Co. advises that a final dividend of 3s per share, making 6 per cent., less British income tax, for the year ended June 30, 1942, is payable on and after February 11, 1943. DOW JONES AVERAGES. (By Telegraph—Press Association— Copyright.) NEW YORK, February C. Dow Jones averages (1926 equals 100) and turnover on the New York Stock Exchange compare as follows:— '20 30 Shares Rails. Indus. sold. February 1 .. 29.20 125.07 795.000 February 5 .. 29.18 125.7 a 870.00tl February 6 .. 29.08 125.81 500,000 BUSINESS TN BRIEF. Mr. E» D. Watts, chairman, Dunedin Chamber of Commerce, has pointed out to the retail section of the community that the onus was thrown on employers to see that rationing coupons were demanded from purchasers. Unfortunately this had not been strictly adhered to, and heavy penalties were provided/There, had been a threat that if the rationing was not, strictly adhered to, coupons would be required for the purchase of stock. Lincoln Hats, Ltd., Victoria, for year endod September 30 showed net profit £396, which reduces accumulated loss to £1707. Since close of the year the directors report United Felt Hats Pty., Ltd., has paid a dividend of 7 per cent, on the company's holding of shares in that firm. • Australian Cement, Ltd., profit for year ended November 30 was £95,430, compared with £96,076 for preceding term, and £97,359 for 1940. Dividend of 10 per cent, and bonus of I*4 per cent, was paid for the year, the distribution in the preceding year being 10 per cent, dividend and 2Vts per cent, bonus. The report states that the restrictions on civil building had considerably affected the cement trade, which was now almost completely employed in fulfilling requirements of defence and essential services.