COMMERCIAL

Evening Post, Volume CXXXVIII, Issue 69, 19 September 1944, Page 3

COMMERCIAL

SHARE MARKET

Sales made today:—£ll,2oo (4 sales), 2V. per cent. Stock, 1/10/53, £95; 500 Bank of'"Ne\v Zealand, £2 4s 3d; 50 G. J. Coles (on call), £3 9s Cd. p-£- AUCKLAND, This Day. Sales.—Morning call: Huddart-Parker (e\ div.), £3 2s (id; Dominion Breweries, £2 3s 6d; Xew Zealand Breweries, £2 2s 3d; Caros' Stores (pref.), £1 ss; Forest Products, 6s 3d: Mt. Lyell, £1 lis. 1.C.1. DIVIDEND. ! Advice has been received from London that I the board of Imperial Chemical Industries. [ Ltd., has declared au interim dividend of 3 l per cent, on ordinary stock, payable ou Dec- | ember 1, 1944. I FUTURE OF U.S. FOREIGN TRADE. "Wartime stimulated industrial and scientific j developments have obscured the future of I American foreign trade, particularly in the Pacific area, says the "Wall Street Journal.'" , rhe article declares that it is a grim fact I that many of the biggest import items of past years have undergone vast change. ; „"{' le, re is much t0 worry the tin producersot Malay, tho rubber planters of the East [Indies, the silk traders of China, and the i sheep farmers of Australia," it says. Surveying -prospects of wool imports after the war, the article points out that wool, rayon and nylon will actively compete, and rayon makers envisage a major market as suppliers of. materials for carpets, but the greatest short-term peril to foreign wool-growers is the war-created surplus in the United States. | I'lie American Governmental Defence Supplies Corporation holds 192 million lb of Australian wool and 5 million lb of South African . VO,°, L J1! addit!on> the British Government holds 4.0 million lb of wool in the United btates Altogether these stock piles are roughly equivalent to 18 years' pre-war wool imports of the United- States.

Buyers. Sellers „ £ s. d. £ s. d. Government Loans— 2Y: PC., 15/5/4S — 9S 13 0 2V2 P-C, 1/10/53 94 15 0 — 3 p.c, 1/8/51-54 9S 0 0 — 3 p.fc., 15/9/52-55 ! 97 7 0 3 p.c, 15/5/53-5G .... 98 2 l> 3 p.c, 15/12/53-50'.... 97 17 C — 3 p.c, 15/4/60-63 .... — 98 0 0 3i/i P.c, 15/1/5C/59 .. 100 5 0 — 3V* P.C, 15/9/57-CO .. — 100 7 6 3% p.c, 15/1/53-57 .. 101 15 '0 — 4 p.c, 30/11/1918 .... 103 15 0 -- 4 p.c, 15/4/46-49 — 102 15 0 4 p.c, 15/5/49-52 _ 104 10 0 i p.c, 15/G/52-55 105 15 0 106 2 G 4 p.c, 31/5/54-58 10G 15 0 — Banks, Financial, Insurance— Adelaide 5 18 0 C.B.A. (prcf.) — 11 5 0 New South Wales — 35 15 0 New Zealand 2 4 0 — New Zealand "D" 8 5 6 .National Bank Aust: .. 12 2 G ' Abraham and Williams (ord) — 0 11 0 Goldsbrough Mort 1 11 3 N.Z. Guarantee 0 4 0 Loan and Merc 72 0 0 W.F.C.A. (pref.) f 0 10 6 — Wn. T. & Loan ...... 4 2 0 Nat. Mort. "A" 3 7 G — National 1 3 y New Zealand ..476 — South British — 3 19 0 Other Shares— Aucklaud Gas 0 7 11 Canterbury 15 10 0 Gear Meat — 16 9 Wgtn. Meat Export ..*. 0 13 6 — P. & 0 2 10 0 — Bonds 2 6 9 Felt and Textiles — 2 17 9 Kaiapoi (contrib.) .... — 090 Oamaru 1 10 6 Timarn _ ! 1 0 Wellington — 9 0 0 Rotoiti _ 0 9 G New Zealand — 2 2 G Carltoa _ 3 14 g Ward and Co — 0 0 9 *CI- • — 2 18 0 Berlel (N.Z ) 460 — Booth Mac. (pref.) .. — 0 10 6 Booth Mac (ord.) .... 0 1* 0 British Tobacco ...,f 2 8 0 Broken Hill 243 Burns, Philp (Sth. Sea) 13 6 — Colonial Sugar — 58 -5 0 CM. Banks (pref.) .. — 10 0 David Jones 1 18 6 Dunlop f 1 4 0 — K. Zinc (ord.) — 2 16 6 Fletcher Hold 15 6 — j Frozen Prod t — 0 IS 6' General Indus 1 4 0 G. J. Coles 3 8 9 Griffin and Sons ' (£1) 1 12 0 Griffln and Sons (10s) 0 16 0 s ' Hunio Pipe * — 1 1 0 I.C.I, (pref.) _ 18 3 J. J. Niven — 1 0 6 McKcnzies — 3 5 g Metters (N.Z.) 0 IS 0 — Meyer Emporium ....' — - 1 IS 3 N.Z. Paper Mills .... 2 0 6 — Sharland Ill c — Sharland (pref.) 1 12 0 — Silknit (N.Z.) — 17 6 T.O. Fields — 0 3 3 T.O. Develop — 010 Moturoa Oil — 0 2 0 Wilson's Cement ,... — 0 19 8 Wool worths. Ltd * — 111 Woolworths (N.Z.) ... — 114 VVoolworths (pref.) ...* 2 0 0 ■ — : Woolworths Prop — 19 0 Jones Nevis — 0 0 10 Moonlight Gold — 0 0 9 Gillespie » — 0 0 5 Mt. Morgan .— 0 80 Woolworths Hold. x (Sth. Africa) .... — 1 11 0 : Aus. Fund.. Inv t 4 10 0 *Cum div. fEx. v _ Sales since going to press yesterday :—£2500 3 per cent. Stock, 15/12/53-56, £98; £2000 3 per cent. Stock, 1/8/54, £98 5s; 145 Bank of New Zealand, £2 4s 3d; 200 South British Insurance, £3 ISs. Unofficial List.—1000 Keystone Invest., Ltd.. j 3s 6d.