COMMERCIAL

Grey River Argus, 23 January 1943, Page 6

COMMERCIAL

STOCK EXCHANGE SALES.

P.A. CHRISTCHURCH, Jan. 22. Sales reported: 2- per cent. Inscribed, 1947, £9B 15s; Commercial Bank of Australia (ex. div.) 16s 9d (2); Goldsborough Mort 28s 6d. P.A. AUCKLAND, Jan. 22.

- Sales: New Zealand Insurance 77s 6d; South British 68s 3d; Reid Rubber 25s 9d; War Bonds, 1/8/46, 2.1 per cent. £99 ss. P.A. DUNEDIN, Jan. 22.

Reported sales, late yesterday: Commercial Bank, 16s 8d (cum div.). This morning: 31 per cent. Inscribed Stock, 1957-60, £102; 2'l oer cent. Inscribed Stock, 1947, £9B 10s: Goldsbrough Mort. 28s 6d; A.C.I. 50s; Broken Hill Pty, 425. NATIONAL BANK OF N.Z.

The General Manager of the National Bank of New Zealand Limited announces payment on January 26 of an interim dividend of 11 per cent, less United Kingdom income tax at the rate of 6s 71d in the £ in respect of the year ending March 31, 1943. The aboiVe dividend will be payable in New Zealand at any branch of the National Bank of New Zealand at the rate of exchange for demand drafts on London current at date of dividend. This bank shows its capital and reserves as under: Subscribed capital, T 6,000,000; paid-un capital. £2,000,000, Reserve Fund (invested in Government Securities). £1,000,000; Currency Reserve (invested in Government Securities) £500,000; Reserve Liability of shareholders £6,000,000. a total of £9,500,000; and in addition there are undivided profits carried forward of £116,184.