COMMERCIAL

Evening Star, Issue 25225, 12 July 1944, Page 6

COMMERCIAL

SHARE MARKET. There were no sales reported on 'Change this morning. Quotations! both ways were given for Waitaki Freezing at £7-7 10s; New Zealand Breweries, at 425-435; Dominion Breweries, at 44s 6d-45s 3d; West-pnrt-Stocktou (ord.), at 9s 6d-10s; Anthony Hordern at 19s-3d-19s 9d; Bank of New South Wales, at £37 15s-£3B ss; Bank of New Zealand, at 45545 s 6d; National Bank of New Zealand, at 53s 9d-555; New Zealand Insurance, at 91s-935; and 3 per cent. Stock, December, 1953-56, at £9B ss-£9B 10s. WINDING-UP OF COMPANY SOUGHT. An application to wind up the affairs by the court of Provident Investments Ltd., was made at a meeting of creditors held in the office of the Official Assignee (Mr A. E. Reynolds) yesterday afternoon. Mr Reynolds was appointed official liquidator. The creditors were lnvercargill Breweries Ltd. (in liquidation). £7,687, for calls due on shares, and James Alfred Neilson, Dunedin, £676. for money lent. Mr M. N. Macdonald of lnvercargill, appeared for the petitioning creditor, lnvercargill Breweries Ltd.. and Mr F. M. Hauan (instructed by Ferens and Jeavons), for Provident Investments Ltd Mr Neilson attended iu his capacity as a director and as a creditor of the company. The company possesses no assets, and after Mr Neilson had been examined the matter was left in the hands of the Official Assignee. FARMERS' FERTILISER CO. (P.A.) AUCKLAND, July 12. The New Zealand Farmers' Fertiliser Company reports a net profit of £17,829 for the year ended May 31. There is £41,856 available, and the directors recommend an unchanged dividend of 4 per cent, on ordinary shares, requiring £10,480, and leaving to carry forward £31.377. against £31,246 brought in. RABBITSKIN SALE. The Dunedin Stock Agents and Woolbrokers' Association reports that approximately 66 tons of rabbitskins were offered.

yesterday to the usual bench of buyers. All grad'es of winters met with a good demand, and • values for • these, as compared with the rates at , the previous sale, can be quoted. on : the average of-Id to 3d per lb firmer, the greatest appreciation being in winter does. Other grades were generally firm. Allowance will have to be made for the 20 per cent, levy which came into operation at this sale. The following is the official range of prices:—First winter bucks, 154 d to 158 d; first winter does, 150 d to 156 d; second winter, bucks, 147 d to 154 d; second winter does, 135 d to 147 d; first spotted winter bucks, 131 d to . 138 d; first spotted winter does, 116 d t0:129d; second spotted winter bucks, 120d v to 124 d; second spotted winter does, 112 d to 120 d; third spotted winter bucks, 105 d to 112 d; third, spotted-winter does, to 97d; first early winter bucks, 141 d to 148 d; first early winter does, 140 d to 146 d;. second early winter bucks, 135 d to 138 d; second early winter does, llld to 122 d; -first incomings, 130 d to 133 d; second incomings, 122 d to 126 d; first late autumns, Usd to 119 d; racks, 68d to 77d; runners and small. 34d to 36d; summers, 60d to 65|d; milky tc 80id; first winter broken. 85d to Bfrid; second winter broken, to 83|d;- third broken, 61£d to 63d; winter blacks, to 149 d; winter fawns, to 125 d; first hareskins, 105 d to 107 d; second, hareskins, to 90d; good to super ferretskins, 7s lOd to 12s; second ferretskins, 2s to 4s 3d; third ferretskins. Id: horsehair,. 30id to 34d; first deerskin. 6s 2d; second deerskins, 4s 8d to ss. The next sale is scheduled for July 25. Mining. . : Austral-New Zealand Dredge.—For the period ended July 8 the dredge operated for 316 hours, treating 171,000 yards, and producing 300 ounces of refined bullion. Slab Hut Creek Dredge.—The return last week was 63 ounces from 18,430 yards, in 95 hours.. . SALES ON 'CHANGE: THIS DAY. Auckland.—Morning call: National Bank of New . Zealand, 54s 6d (2); Broken Hill Proprietary, 465; Fletcher Holdings (rights), 2s 3d and 2s 2d; Henrv Jones Co-op., 54s 3d; McKenzies,-62s 6.d; Woolworths (Sydney),

225; Martha Mine, 9s 3d; Stock (October, 1953) 2i per cent., £94 17s 6d. -Noon call: Bank of New-South Wales, £3B; Bank of New Zealand, 45s 4d; New Zealand Breweries, 42s 6d; Fletcher Holdings (ex rights), 25s 6d- (rights), 2s 2d; Stock (October, 1953), 2£ per cent., £94 17s 6d. Wellington.—2i per cent. Stock (1947-49), £9B. Reported: Woolworths Limited, 225; Canterbury Roller Flour, 17s 6d; Martha Mines, 9s 3d; Waihi Investment, 5s 7d. Philp, 64s 3d; Woolworths (New Zealand, ord), 20s Bd. Reported: 3 per cent. Stock (1951-54), £99 ss; New Zealand Breweries, 42s 6d (2); Canterbury Roller Flour (late yesterday),: 17s 6d (2),' and to-day, 17s 6d. Reported: Ashby, Bergh (unlisted, late yesterday). 465.

NEW ZEALAND INSURANCE. The New Zealand Insurance Company ha» recommended a dividend of Is 6d per snare. —Wellington Press Association.