COMMERCIAL

New Zealand Herald, Volume 79, Issue 24189, 3 February 1942, Page 3

COMMERCIAL

AUCKLAND EXCHANGE

MARKET HOLDS WELL

Business was activO on the Auckland Stock Exchange yesterday, when market values held well in the face of the war .situation. Support for Australian stocks tended to drift, but interest quickened in some issues before the close of the day. Kaiapoi Woollens provided the only gain in the day's transactions, moving up 9d 011 November levels. The first business in Bank of New South Wales since December 3 showed a loss of 17s 6d. Owing to the forthcoming revision of banking hours the Exchange has decided to hold each of the three daily calls a quarter of an. hour earlier than the normal practice.

CLOSING QUOTATIONS

YESTERDAY'S SALES

SYDNEY PRICES LOWER

WESTPORT-STOCKTON COAL

RETURN ON INVESTMENTS In the following list of yesterday's sales, yields allow for exchange and British w tax where necessary, and. in the case loans, redemption and brokerage. AUCKLAND EXCHANGE Sale Price Rise or Yield £ s d Fall £ s d War Loan, 1/10/53,(2) 86 17 0 —■ Bank N.S.W 27 2 6 -17s 6d 4 8 6 Ban it N.Z. . 319 3 t3 16 5 Union Bank 6 7 6 - 11 FAC (CI) 014 3 -0(1 8. 8 5 Kaiapoi (17s) 018 3 +9(l 511 0 Broken Hill 115 0 -3d 4 5 9 Ditto . . 114 9 -6d 4 6 4 1.C.1. (pf.) 1 4 6 + 4 18 Wairakei . 0 4 6 ■. • —- Wilsons Cem't 018 11/,I 1 /, |2 6 0 Ditto (2) 018 1 -%< l n 6 1 Unofficial List. —Auckland Farmers breezing (CI), 225. Wellington.—§ Stock, 15/9/57-60, 3/4, £101; ditto, £101; War Loan. 1/10/53, £B7 (2); SUnion Bank, £6 lis; Wellington Gas fpref.), 20s 6d, 21s (6). . SSales after hours on Friday. tFrevious sale cum dividend. JBased 011 interim dividend at rate per annum.

(Reed. 8.25 p.m.) SYDNEY, Feb. 2 The latest developments at Singapore further depressed the sharemarket to-day. but sellers were far from panicky. Indeed, they were difficult to find. Sales included; — National Bank A'asia (C 5), £5 2s 6(1; Associated News, 8s 6d; Tooths, 455: G. J. Coles (ex div.), 48s 9d; Drug Houses, 27s Od; A.C.1., 37s 6(1; General Industries, 17s; Morts Dock, 16s 3d; Electrolytic Zirc (pref.). 42s 9d; Broken Hill Pty., 29s 3d; Emporor, 6s. Melbourne sales included:—Commercial Bank Australia, 12s Id; Herald and Times, 455; Yarra Falls, 38s; Broken Hill Pty., 20s; North Broken Hill, 32s 9d; Broken Hill South, 20s 6d; Loloma, 13s 3d; Emperor, 6s.

The Westport-Storkton Coal Company, Limited, is recommending unchanged dividends of 8 per cent on prefere'iico shares and 2% per cent on ordinary shares for 1941, payable early in March if approved.

Buyers Sellers £ s d £ 8 d BANKS, INSURANCE, , AGENCY Bank Australasia . 8 5 0 8 15 0 E., S. and A. Bank 3 7 0 . Nat. Bank N.Z. . . 1 18 0 1 19 9 Bank N.8.W. .. 2(i 15 0 27 * 0 Bank N.Z. 1 19 0 1 19 ;j Ditto (D Mort.) — 1 10 9 Union Bank 6 7 0 6 10 0 New Zealand Ins. 3 4 0 — South British 2 17 0 — Dom. 1. and B. 0 18 3 0 19 9 F.A.CV (£1 paid) 0 14 0 0 15 0 Do! (A pf., e.d.) 1 1 9 — Do. (B pf., e.d.) 1 1 6 1 2 6 COAL, GAS, WOOLLENJ !, ETC. Wstpt.-Sttn. (ord.) O 2 6 — Auckland Gas .. 0 6 5 0 0 6 Ditto (con.) .. 0 2 6 0 3 0 Bartholomew 0 15 0 — Leylaud - O'Brien 0 15 3 — National 0 7 0 0 8 6 Bruce 1 3 3 1 4 0 Kaiapoi (17/) 0 17 i) — Ditto (con.) .. 0 6 U 0 7 2 Manawatu Knitting 1 s 0 1 13 0 Doin. Brew, (ord.) 1 8 0 1 9 0 Ditto (pref.) . . 1 0 9 — New Zealand Brew. 1 13 0 1 14 0 MISCELLANEOUS A.C.I. ... 2 0 0 2 4 0 British Tobacco- .. 1 17 0 2 1 (i Broken Hill Pty. 1 14 !) 1. 14 10 Bycroft 2 3 O o 7 0 Colonial Sugar .. — 47 0 0 Con. Brick 0 7 0 0 7 G Electrolytic Zinc . — >_> G 0 Ditto (pref.) .. — o. 7 G Fanners' Trading 1 0 0 1 1 9 G. J. Coles 2 14 0 — Hume Pipe (Aust.) — 0 14 6 I.C.I, (pref.) 1 4 0 1 5 3 Maeduffs ipref.) . 1 0 o — McKendrick (pref.) 1 2 0 1 5 0 Masonite Corp. . . 1 4 0 — N.Z. Rcfrig (con.) — 0 8 9 Reid Rubber 1 4 0 1 5 6 Sanford (ord.) 0 3 0 0 4 0 Wairakei • 0 4 3 — Wilsons Cement . 0 18 0 0 18 4 Woolworths (N.Z.) 0 14 3 0 14 8 Ditto (Sydney) O 15 1 0 15 3 MINING Arahura 1 7 0 1 G 0 Martha 0 S 9 — Waihi Invests. .. . 0 2 0 0 1 G Emperor 0 7 0 0 S 9 0 Mount L'yell 1 3 3 1 0 Mt. Morgan (ord.) 0 7 9 0 8 3 N.Z. GOVT. LOANS War bonds — 1/8/51-54, 3 (e.i.) 96 10 0 — Bonds — 15/2/48-46, 4 . . 102 0 0 — 15/4/46-49, 4 . . 103 15 0 —™ 15/G/52-55, 4 . 105 5 0 ' ' Rural. 15/9/47, 4 War Loan, 1/10/53 1/8/51-54, 3 (e.i.) 104 5 S(i 15 07 0 0 0 0 87 98 0 0 0 0 Stock— 15/9/57-60, 3VS . 15/1/53-57. 3*4 . 15/2/43-46, 4 . . 101 10 0 101 102 0 0 0 102 5 0 102 10 0 15/1/16-19, 4 . . 15/5/10-52, A . . 15/6/52-55, 4 . . 30/11/48, 4 . . 31/5/54-58, 4 . . 15/0/10-18. 4 . . 103 15 105 5 105 5 0 0 0 100 106 5 5 0 0 104 fi 100 0 0 0 107 5 100 10 0 o 3.A.C, 1/6/44, 3 J / 4 9S 0 0