COMMERCIAL

Evening Star, Issue 25172, 11 May 1944, Page 6

COMMERCIAL

SHARE MARKET. There was again a brighter tone on 'Change this morning, with a number of sales reported! —Bank of New South Wales et £36 16s 6d, Bank of New Zealand at 44s 3d, with the market closing at 44s- 44s National Bank of New Zealand at 555, with this issue still on offer at 55s 3d; and New Zealand Refrigerating (cont.) at 13s, with a quotation of 12s 10d-13s 6d. A buyer was offering 16s for Macduffs (ord.) after two reported sales at 16s and 16s Id respectively; New Zealand Loan and Mercantile (ord.) had a market at £69-£7l. SALES ON 'CHANGE: T;HIS DAY. Auckland.—Morning call: South British Insurance. 78s 6d; Westport - Stockton (pref.), 6s 6d; Auckland Gas, 7s 9d; Dominion Breweries. 44s 9d; Farmers' Trading, 26s 9d; J. J. Niven, 20s; Woolworths (New Zealand), 18s 4d. Noon call: New Zealand Insurance, 89s; Broken Hill, 44s sd; Reid Rubber, 31s 9d; Woolworths (New Zealand), odd lot, 185.3 d. Unofficial: Fletcher Holdings, 25s 3d. Wellington.—2£ per cent. 5t0ck,(1947-49), £9B 10s; Niven, £l. Reported: 3 per cent. Stock (1953-56), £IOO 5s (2); 4 per cent. Stock (1949-52), £lO6 (3). . Christchurch.—Broken Hill, 44s 3d (2); Reid (New Zealand) Rubber, 31s 9d. MOUNT MORGAN SURPLUS. Mount Morgan advises that the estimated working surplus for the four weeks ended April 30 was £2,285. NEW ZEALAND NEWSPAPERS. (P.A.) AUCKLAND, May 11.' *New Zealand Newspapers net \ profit for the year ended in March was £41,168, an increase of £406 over the previous year. The sum of £46.569 is to be carried forward.