COMMERCIAL

Evening Post, Volume CXXXVI, Issue 8, 9 July 1943, Page 3

COMMERCIAL

WELLINGTON STOCK EXCHANGE

No sales at first call this day. Sales made after, going to press yesterday: £450 and £300 4 per cent. Inscribed Stock, 13/6/52-55, £105 15s; 50 New Zealand Insurance, £4 Is 6d; 100 and 100 at noon call, McKenzle's Dept. Stores, £2 ss; £1300 4 per cent. Inscribed Stock, 15/4/1946-49, £102 15s; 100 Dominion Breweries. £1 19s; 200 and 100 Claude Neon (N.Z.), £1 3s; 100 Broken Hill South, £1 5s 9d. *Cum. div. tEx. div. P.A. AUCKLAND, This Day. Sales (morning call) : N.Z. Insurance; Sis 6d; Roid Rubber, 27s 6d; Woolworths (N.Z.), 15s 4d; Liberty Loan, 3 per cent. (1952-57), £98 7s 6d; N.Z. Government Stock, 3'A per cent. (1957-60), £100 10s. • Noon call: British Tobac-co, 47s 3d; Wilson's Cement, 19s sd; Woolworths (N.Z.), 15s 4d; Liberly Loan, 3 per cent. (1952-55), £98 7s 6d; N.Z. Government Stock, 4 per cent. (1949-52), £104 2s 6d.

MINING SHARES IN LONDON.

(By Telegraph—Press Association —Copyright.) Rec. 12.10 p.m. LONDON, July 8. Jit. Lyell shares quoted 20s 4%d, and New Guinea Gold Is sd. (Prices July 7 were lit. Lyell 19s Cd, New Guinea Is 5d.) GOVERNMENT LOANS IN DEMAND. (By Telegraph—Press Association—Copyright.) LONDON, July 8. There is an improved demand for Government loans this week, and prices are firmer all I round. » i Prices, with those quoted last week, are as i follows:—

July 1. July 8. Consols, 3'/s )i. c So' 4SI Fund Loan, GO-90 113 Ms 114 . War Loan, 4 3/2 p.c. ... 103% 104% Cony. Loan, 61, 3'& p.c. 105 3-16 105% Victory Bonds, 4 p.c. .. 113=4 114 Vi N.Z., 49-53, 4% p.c. ... 104% 1047s N.Z., 19.33, 3 p.c 99 J/ a 99% Consols at June 24 were 80*4, 4% p.c. War Loan 103 5-8, 4% p.c. N.Z. 104 5-8, and 3 ! p.c. N.Z. 99}£.

LONDON SHARE INDICES. j

(By Telegraph—Press Association- Copyright.* LONDON, July 8. "Financial Times" stocks ami share Indices, ' with previous quotations, are (October 15, 1926. equals 100):— *

DOW JONES AVERAGES. ,

(By Te'egraph—Press Association—Copyright.) NEW YORK, July 8. Dow Jones averages (1926 equals 100) :— ! 20 Rail- 82 Indus- Shares I roads. trials. sold. July 1 36.72 1-13.58 1,153,000 July 6 315.2S 143.7G H62.000 July 7 36.20 143.41 709.000

FROZEN MEAT OUTPUT. j

I Official figures of killings for the present season at the Dominion's freezing works from I October 1 to June 19, as issued by the Meat Board, show that lamb killings now total 10,896,044 ccs, compared with 10,9T8,436 to June 20 last season, this being a decrease of 82,392. Wether mutton killings are 603,935 ccs, and ewe mutton killings 1,705,566,. compared with 762,779 and 1,954,326 respectively last season. Frozen beef production lias reached 537,557 qrs, compared with 562,171 last' season. BANK DIVIDEND. Cabled advice lias been received from the head ofHco In Melbourne of tho Commercial Bank of Australia advising that a final dividend for six months ended June 30, 1943, at the rate of 4 per cent, per annum on preference shares and at G 2-3 per cent, per annum on ordinary shares will be paid on August 20, in Australian currency. >iew Zealand Farmers' Fertiliser Co., Ltd., Auckland, net profit was £16,769, compared with £20,70" last year, and £25,496 in 1941. With the balance brought forward of £32,176 there is a total credit of £ 48,945. From this the dividend ou preference capital absorbing £7219 has been taken, leaving £41,726 available. Tho directors recommend a dividend on ordinary shares of 4 per cent., an unchanged rate, payable on August 20, requiring £10,480, leaving a carry-forward of £31,246.

July July July 1 r> 7 Govt. sees. 112.(5 112.7 112.8 Home rails. 68.2 68.4 OS. 4 Industrials. 123.3 123.0 Goldmines 101.5 1G0.9 161.5