COMMERCIAL

New Zealand Herald, Volume 81, Issue 24943, 12 July 1944, Page 2

COMMERCIAL

AUCKLAND EXCHANGE

N.Z. INSURANCE HIGHER The demand for Government stock was quieter on the Auckland Stock Exchange yesterday and two of the three sales were at lower prices. Otherwise the market maintained recent firmness. Quotations for Now Zealand Insurance continued to advance and buyers moved up to 91s, bringing in a seller at 2s 6d higher. A sale of Berlei (New Zealand) shares at 87s 6d showed a rise of 20s compared with the last local transaction a year ago. Further improvement was shown in Colonial Sugars and Woolworths (New Zealand).

CLOSING QUOTATIONS

YESTERDAY'S SALES RETURN ON INVESTMENTS In the following list of yesterday's sales yields allow for exchange and British income tax where nec-essary, und, in the case of loans, redemption and brokerage:— AUCKLAND EXCHANGE t>: -

Also. —Wool Bonds. 20s 3d: Fletcher Hold; ings (rights), 2s qd. Unofficial list; Farmers Freezing. 25s <ki; Pacific Buildings. 2s 3u. Wellington.—3rd Liberty Loan, 15/G/47-4H, 2%. JUWS (2); SWar Loan, 1/8/51-54, 3, £«» lOs (2); SStock. 30/11/48, 4. £lO3 12s (id (3): P. and 0., deferred stock (London regis; ter) 47s «d; SGear Meat, 265; § Rotoitl Timber, 8s 3d; SN.Z. Breweries 42s Od; SBerlei (N.Z.), 87s Od; Broken Hill Pty., 40s: Farmers' Fertilizer, 255; Colonial Sugar, £SS 17s (id; Woolworths Properties, 30s 3d. ChrUtchurch. —3rd Liberty Loan 15/12/5350. 3, £1)8 ss, £9B 7s Od (3); National Bank NZ. 54s fid; Kaiapoi Woollen (con.), Os fid; Booth, Mac-donald. Is 7d; Canterbury Roller Flour 17s 6d; Farmers' Fertilizer (pref.). 25s 2d ; Woolworths (N.Z.). 20s 8d; Gillespie s Beach, sd. "Unofficial list: F.A.M.E. (pref.). 15s Bd. „ , , Dunedln. —Dalgety, £S 13s. sßales after hours on Monday. MEAT PRODUCERS BOARD The returning officer of the Meat Producers Board announces that lie has received the following nominations as delegates to represent the Auckland district on the electoral committee: —R. R. Blade, Ahuroa; R. Boddy. Piopio; K. S. Cox, Putaruru; A. R• bandllands, Tokirima; F. X. Smith, Kiwitahi. Thre* delegates are required. A postal ballot will be conducted. Ballot papers will bo despatched to each sheepowncr owning not fewer than 100 sheep. The electoral committee will assemble in Wellington on August 3" and 31 to consider the annual report and statement of accounts of the hoard, and to e'en two producers' representatives on the board for which the following have been nominatedflames Begg, Dunedin (sitting member); W. A. lorns. Maryborough; A. Brisco Moore Whangarei: .T D Ormond, Waipnkurau. liACONER COMPETITION (P.A.) HASTINGS, Tuesday Pigs from as far afield as Tolaga Bay and Masterton on the east coast and Feeding on the west coast, that had been entered for the Tomoana baconer competition, were on view at the Tomoana Freezing Works yesterday, when ft Held day was held. The competition was sponsored by W. and R. Fletcher (N.Z.), Limited, in conjunction with Nelsons (N Z) Limited. There were 270 carcases displayed. The two first prizes exhibited are to be' sent to Wcatfield to compete in the North Island championship. The awards were:—Wellington district: J. C. Mc.Lcod (Feilding). 77% points, crossbred I; Mrs. Colin Hansen (Mount Bruce. Masterton), 74 points, Large White cross, 2. Tairawhiti district: J. T. Herbert (Gisborne), ~r,'/ 4 points three-quarlcr Taniworth-qunrter Berkshire, 1; C. G. Watson (Hastings), 70 points, Tamworth cross-Berkshire, 2; L. GFfarrison (Hastings), 75 points. lam worth cross-Berkshire, 3. DRIED FRUIT PRICES Limit retail and wholesale prices for sultanas, currants and raisins are sot out in a price order just issued by the Price Tribunal In Auckland. Wellington. Christchurch, Dun edin and Bluff the highest prices that can be charged by retailers whose supplies are delivered free by wholesalers are:—Sultanas. o%d, tOd and IOV/I per lb, according to size and quality: currants. BV a d, Od aml lOd per lb, lexins (raisins) seeded, 12oz carton 10d, Ifioz cartons Is; other containers, or bulk. 10' Ad per lb; unseeded. HVjd per lb. Klsewhero In New Zealand the limit prices are %d per lb higher. Currants, sultanas and raisins are graded in Australia according to quality, as 1 crown. 2 crown, 3 crown, etc. Under the prire order retailers are required to ticket these dried fruits with the retail price and the appropriate "crown" designation. INSURANCE DIVIDEND The directors of the New Zealand Insurance Company. Limited, have decided to recommend to shareholders at the annual meeting on August 8 a dividend of Is fld a share for the half-year, making for the year 2s Od (unchanged). MINING YIELDS Austral-N.Z. (Otago).—Period ended July 8, 300oz, 171,000 yards. 310 hours. Golden Sands (West Coast).—Week ended July 11. 38oz, 38 shifts.

Buyers Sellers k s d £ 6 d Bank Australasia . — 9 11 0 Com. Bank Aust. . 0 18 8 0 19 3 Com. Bank Sydney 22 10 0 23 10 0 Nat. Bank N.Z. . . "2 14 0 2 15 0 Bank N.Z. 2 5 4 2 5 0 Union Bank Aust. — 8 10 6 National Insurance 1 4 9 N.Z. Insurance 4 11 0 4 13 0 Sth. British Insce. . 4 0 0 Abraham A Williams 0 9 3 0 12 0 Dalget.v 8 10 0 8 15 0 Goldsbrough-Mort . 1 11 0 1 1-2 0 N.A.F. (B prcf.) . 0 17 9 0 18 6 United Bldg. (Auck.) 1 4 3 1 5 0 Wright-Steph. (ord.) 1 0 0 — Renown (pref.) . . 0 3 0 0 3 5 Taupiri (ord.) 1 9 0 1 14 0 Westpt.-Sttn. (ord.) Auckland Gas 0 9 0 0 11 0 0 7 10 0 8 1 Ditto (con.) 0 3 2 — Devonport Ferry . 1 10 6 — Northern Steam .. 0 10 4 - 0 10 10 Ditto (con.) 0 2 10 0 3 2 Kauri Timber 1 8 3 1 9 0 National 0 7 6 0 8 e Taringamutu 0 19 3 — Felt and Textiles . 2 15 6 — Kaiapoi 1 4 3 — Wellington 9 10 0 ■— Dom. Brew, (ord.) . 2 4 9 2 5 0 N.Z. Breweries .. 2 2 0 2 3 0 Dunedin 1 0 9 1 7 9 A.C.I 2 10 0 2 10 7 Berlei (N.Z.) 4 5 0 — Booth-Mar. (pf.) .. 0 10 8 — British Tobacco .. 2 10 9 2 11 0 Bycroft — •2 17 0 Claude Neon (N.Z.) 1 0 0 1 7 0 Colonial Sugar 58 10 0 59 5 0 Con. Brick 0 10 3 0 10 10 Dunlop Rubber . . 1 4 0 1 5 0 Farmers' Trading (A C. pref.) . 1 5 9 — Fletcher Hldgs. .. 1 5 3 1 0 0 Ditto (rights) . 0 2 3 0 2 4 Ditto (pref.) .. 1 8 0 1 11 6 G. J. Coles 3 0 3 — Hadfields Steel .. — 0 14 0 Henry Jones — 2 15 0 H.M. Theatre .. 0 14 0 0 10 0 Hume Steel (pf.) . — 1 0 0 K.D.V. Boxes .. 0 12 5 0 12 11 Macdnffs (ord.) . . 0 17 3 0 18 3 McKenzies M. and C. (deb.) . 3 1 fl 3 3 0 1 6 0 1 0 0 XI.K. Manufacturers 0 8 0 — 0 Morris Hedstrom . — 2 3 Auck. Laundry . . 0 18 6 1 1 0 N.Z. Refrig. (con.) 0 13 9 0 14 1 Peters Ice (N.Z.) 0 (ex div.) — 1 4 Reid Rubber 1 10 0 1 11 0 Ditto (con.) — 0 19 3 Sanford (ord.) 0 7 8 0 8 0 Ditto (pref.) .. — 0 1 4 3 Silknit 1 7 1 10 0 Taranaki Oil Fields 0 2 0 0 3 0 Union Oil 1 9 0 — 0 Wilsons Cement 0 19 0 1 0 Woolworths (N.Z.) 1 O 3 1 0 9 Ditto (Syd.) .. 1 1 0 0 — 0 W. R. Cooke 0 0 0 9 Martha 0 9 0 0 9 0 Mount Lyell 1. 12 0 1 13 0 New Occidental . . 0 12 0 0 13 0 War Loan. 1/10/53 94 15 0 95 l) 0 Stock— 98 15 0 15/5/18. 2Vi •• 98 —. 15/0/47-49, 2'/ ? . 08 0 0 2 0 O 15/4/49-51. 2% . 90 0 0 97 0 1/8/51-54, 3 99 0 0 99 12 0 3 .. 98 15 0 99 10 0

Sal# Price Rise or Yield C it d Fall £ 8 d 1st Liberty Ln., 1 5/0/52-55, 3 3 S (2) .. t>» 0 0 -5s 3 3rd Do.. 15/6/4 717 49, 2Y, . . 98 0 0 — 2 3 War Loan, 0 -58 6 1/8/51-54, 3 99 5 3 3 Dalsety Kauri 8 13 0 +6d 2 3 3 1 9 0 — 4 6 3 0 Berlei (X.Z.) 4 7 6 +20* 4 0 Broken Hill . o 6 0 2 3 6 Col. Suirar . 58 17 6 +28 6d 2 17 9 Farmers' Trad. (B pref.) . 1 6 3 + 18 4 5 4 McKendrick (pref?) . . Wwths (N.Z.) 1 6 3 +3d 4 19 0 1 0 6 +ld 2 8 9 Martha 0 9 3 +2d 8 18 0 \Vaihi Invest. 0 5 8 -Id 1 9 -