COMMERCIAL

Grey River Argus, 12 February 1938, Page 4

COMMERCIAL

N.Z. SHARE MARKET. [Per Press Association!. CHRISTCHURCH, February 11. Sales: Bank of New Zealand 4' (2), New Zealand Insurance 61s 1 Broken Hill Proprietary 60s lOd, 6( 9d (3), Electrolytic Zinc (cum. div..' 475, Woolworth’s (N.Z.) 19s 5d (5? Broken Hill South (cum. div.) 33s 3 ,J Reported: N.Z. Refrig. (£1 pd.) 1 9d. AUCKLAND, February 11 Sales: Commercial Bank Pref, e: div. £9 10s 6d, Colonial Sugar £46 J 6d, Milne and Choyce deb. stk. 14s K Martha 15s 2d, Stock 53/57 31 p r cent. £97 15s, Auckland City 1/1/44 £lO2 15s, 1/1/44-67 £lO2 15s, Birkehead B. C. 31 per cent. 15/1/66 £ 10s. Sales, 12.15 call: Commercial Ba' > ex. div. 16s 7d; New Zealand Insc. 6 Guarantee Corp. 4s 7d; Dominik. Breweries 37s 6d; New Zealand Brel eries 465; Broken Hill Pty., Cont. 33 Golden Crown 4s 3d. DUNEDIN, February 11. Sale: National Bank of Austra? £l4 10s. WELLINGTON, February 14 , Sales, morning call: Electroly? Zinc, preference £2 10s 2d. Unoffic? list: New Zealand Perpetual Fr ests (4s paid), 17s 6d. Sales repoiu New Zealand Guarantee Corporal’ 4s 8d; Broken Hill £3 Is 4£d; Ama’ mated Wireless (contrib.) £2 9s Felt Textiles (new) £1 15s 9d. ( Sales, noon call: Dalgety £8 ss. 1 tish Tobacco 49s Bd, Broken Hill Ct 335, Mount Morgan 9s 2*d. The following estimated averas yields an acre of wheat, oats, and b? ley for the season 1937-38 are pu lished in the Gazette to-night:— Bushels an Acre. . Wheat Oats Bar’i North Island 34 39 4." Nelson 30 34 y< l Marlborough 43 43 4;. Canterbury 32 40 38 Otago 28 39 33 Southland 34 48 39 ’ Dominion 32 42 39 In accordance with these estimaf the total yield of wheat should approximately 5,730,000 bushels, cor pared with an actual yield of 7,168. bushels in the previous season. LONDON, February 10... Gold 139/8, dollar 501$, franc 15, N.Z. Railways Returns , INCREASE IN BUSINESS CONTINUES. WELLINGTON, February ? The railways working account the four-weekly period, ended J ary Sth, is as follows:— *

•Deficit The total revenue from April Is' to January Bth, 1938, was £6,350,680 the total expenditure was £6,030,7'. and the net revenue was £319,t * The totals for the correspond period last year were; Revem £5,602,240; expenditure, £5,093,6.' net revenue £508,609.

!*■ R , • Section Rev. Expend. R £ £ Kaihu 458 701 ** Gisborne 1,731 1,917 North Island main line & branches 354,773 312,315 South Island I main line & \ ■ branches 310,017 304,143 5,8 Westport 6,025 5,420 6( Nelson 1,130 1,645 Picton 2,455 2,838 .*■ Tl. railway operation 576,589 528,797 4 1 Miscellaneous services 101,188 61,403 39’ Total 677,777 590,382 87,3!