COMMERCIAL

Evening Star, Issue 25472, 1 May 1945, Page 6

COMMERCIAL

SHARE MARKET. A bare sales list was recorded at -thit morning's call on the Dunedin Exchange, with little change in prices. Bank of New Zealauds were slightly easier at 47s 3d-48s, the first noticeable movement in the scrip since the market steadied just over a week ago. E.S. and A.s had declared purchasers at 935, with best holders asking 2s away on an ex-dividend quotation. Insurance stocks were well supported by buyers, with no vendors quoting, while N.Z. Refrigerating contribs. closed between 13s lld-14s 2d. N.Z; Loan- and Mercantile attracted attention in the agency section with a market at £64-£69, but other early sections were lethargic. Scrip to receive attention in the miscellaneous, group included Consolidated Bricks at 10s-10s 6d, Donaghy's Ropes at 66s 9d-70s, ' O.D.T.' between 50s 6d-52s 9d, with WocJworths N.Z. on offer at 235. Mount Morgans remained firm with an inquiry at 7s 2d, but holders were not attracted. SALES ON 'CHANGE: THIS DAY.

Auckland. —Morning Call: Kauri Timber, 30s; Colonial Sugar, £59; Fletcher Holdings, 295; G.I. Coles, 70s 6d; Macky Logan, 35s 3d; Reid Rubber, 325; New Zealand Stock, 3 per cent. (1053-56). £9B 2s 6d; 1955-58, £97 17s 6d. Noon call: Commercial Bank of Australia, 17s 7d'; New Zealand Insurance, 95s 6d; Dominion Breweries, 48s 3d; A.C.1., 56s 3d; Milne and Choyce (deb., ex div.), 30s; Stock, 3 per cent. (1955-58), £97 17s 6d. Wellington.—Woolworths Ltd., 22s 7d. Reported: 2£ per cent. Stock (1949-50), £96 15s, £96 10s; 3 per cent. (1960-63), £96 ss, £96 10s; 3 per cent. (1951-54), £9B (2 sales); Union Bank, £8 10s; New Zealand Breweries, 44s 3d; Tooths Breweries, 59s 9d; Mason Struthers, 18s; G. J. Coles, 70s; Reid Rubber, 325; Mount Lyell, 295. Christchurch. —2i per cent, War Loan (1953), £94; 3 Per cent. Victory Loan (1955-58), £97 15s (3); Wool Bonds (1948), 20s 6d; (1949), 19s -7d; Bank of New Zealand, 47s 6d; Dalgety's, £8 17s 6d; Macduffs (pref.), 265; New Zealand Drug, £5 2s 6d; Wilsons Cement, 19s 3d. Reported: 3 per cent. Stock (1953-56), £9B ss; 3 per cent. Stock (Dec, 1953-56), £9B; Bank, of Australasia (late yesterday), £9 10s. FISH MARKET. Although supplies were much improved at this morning's auction, prices remained very firm. There was a keen demand from a good attendance of buyers, resulting in a complete clearance of all varieties. Prices ranged as follows:—Lemon soles, B£d to 9Jd per lb; English soles, 6fd; flounders, 6id to 7d; ling, 4£d to sid; gurnet, 4£d; groper, 10id to lid; blue cod, 9£d; red cod, 24s (per large case). LOAN OVER-SUBSCRIBED. ■ CANBERRA, April 30. Australia's Third Victory Loan of £IOO,000,000 has been over-subscribed. The Treasurer, Mr J. B. Chifley, reported to-day that complete figures will not be available for about a week, but the response to the latest war loan is considered'highly satis--factory CUSTOMS RETURNS. —Dunedin.— The Customs revenue collected at the Port of Otago last month showed an increase of, £1,123 over the figure for April, 1944. Beer duty increased from £30,191 to £30,954, and the sales tax receipts showed an increase from £31,784 in April, 1944, to £34,069 for last month. The War Expenses Account also showed a small increase. Following are the returns for last month, with the comparative figures for April, 1944, given in parentheses:— I Customs revenue. £30,223 (£29,100); beer I duty, £30,959 (£30,191); sales tax, £34,069 (£31,784); war expenses, £121,335 (£120,1118). ."—Christchurch.— . The Customs., revenue collected at Christchurch for the month of April show* an increase of £37,811 over the figures for April of last year. The following are the details, with the figures for 1944 in parentheses:—Customs, £66,222 (£59,207); beer duty, £23,870 (£17,868); sales .tax, £50,723 (£43,558); war expenses. £150,956 ! (£133,327). ] ■;...' —Wellington.— J The Customs figures for April, with those' for last April, are ' as follows: —Customs. £223,958 (£268,585)'; beer duty, £18,175 .f £15,983) ;,.■'.sales tax, £102.841 (£103,287); way expenses,' £360.716 (£368,416). • —Auckland.— The Customs returns in Auckland' for April compare as follows with those for April of last year:—Customs, £208.243 (£190.647): beer dutv, £31,154 (£37,328); sales tax, £125,196 (£118,700); war expenses, £367.652 (£336.389). BYCROFT LTD. The net profit of Messrs. Bycroft Ltd., for the year ended March 3l was £213 lower at £12,904. The -dividend is being maintained at 8 per cent, per annum (final of 4 per cent.). The total dividend requires £12,000, leaving £10,803 to be carried forward, an increase of £904. In the balance sheet cash items are £63,781 higher at £128.298, and stock is down by £58,488 to £35.233. .