COMMERCIAL

New Zealand Herald, Volume 82, Issue 25343, 26 October 1945, Page 4

COMMERCIAL

AUCKLAND EXCHANGE LOCAL INDUSTRIALS SOUGHT Business covered a much wider range on the Auckland' Stock Exchange yesterday with values in most instances showing a firmer tendency. The demand for Government loans remained strong and interest was still keen in leading Is'ew Zealand industrials with woollens showing a general hardening. A strong demand lilted Reid rights 9d to 9s Vkl with holders quoting 10s for more. J he shares firmed oil sale to 31s 3d, a gain of Is 9d.

MARKET TURNOVER RETURN ON INVESTMENTS In the following list of yesterday's sales yields allow for exchange and, British income tax where necessary and in the case of loans, redemption and brokerage:— AUCKLAND EXCHANGE Sale Price Turn- Yield W.L., 1/10/53, * 2% . . 96 IS 0 £3OO 2 18 7 Lib.. 15/6/47-49, 2Vj . . .. WlO 0 £230 2 15 4 Tic.. 15/2/49-50, 2V* .. 98 12 6 £2OO 218 0 Ditto .. 98 10 0 £2OO 2 16 5 Lib., 15/5/53-56. 3 •. .. 100 15 0 £3OO 3 0 3 Do.. 15/12/5356. 3 . . 100 10 0 £IOBS 3 0 3 ViC., 15/2/55-58, 3 (3) . . 100 2 6 £750 2 10 11 Do.. 15/4/5059, 3 . . 12 8 £350 2 19 11 Stk., 15/9/5760 SV, . . 101 7 6 £2:15 3 2 0 Com. Bk Aust., pref. 10 15 6 50 3 14 3 Nat. Bk N.Z. '3) .. 2 18 0 450 2 12 8 Bank N.Z. .. 2 10 0 500 2 16 0 Union Bank .. 8 5 6 100 3 4 5 A tick. Gas .. 0 7 9 400 3 17 5 Oantaru Wool.. 11l 0 100 317 5 Dom. Brew. .. 215 3 70 3 s 9 Col. Sugar .. 5S 15 0 5 214 8 Ditto . ..58 12 6 20 2 14 9 Flet. Hldirs. (2) 1 13 9 400 311 I Hume Pipe, Aus. 1 2 9 100 :i n 1 Reid Rubber .. 1 11 3 100 3 16 10 Silknil .. 18 0 160 4 5 'it Wilis. (N.Z.) . . 1 4 3 100 2 9 6 Also: Wool Bonds. l/2'48 (400), 2 Is; Denny's. Lascelles r_>oo>. 225; Reid Rubber, rishts (100), Os 6d (2); ditto (75), Os Od: Mt. Morgan (.50), 9s 8d: ditto (100), 9s lorf; North Broken Hill (100). 55s 3d (2); Placer (50), 975. 'Turnover is represented by the face value of loans and the number of shares sold. YESTERDAY'S PRICE CHANGES Previous Sale Variation 1,.£ s d s d W. Ln„ 1/10/53, 2'A 96 12 6 +2 6 Lib.. 15/5/53-56. 3 100 12 6 +2 6 Vic., 15/2/55-58, 3 100 0 0 +2 (i Ditto, 15/4/56-59. 3 9!) 10 0 +2 6 Com. Bank .Aust., pf. 10 15 0 I Auckland Gas . . 0 7 8 +0 1 Oamaru Wool .. 1 10 0 +1 0 Colonial Sugar .. 58 15 0 ~2 (i Reid Rubber .. 19 6 +l9 Ditto, rights .. 0 9 0 +0 9 Wool wort lis (N.Z.).. 14 6 -0 8 Mt. Morgan . . 0 9 8 +0 2 North Broken Hill.. 215 0 +0 3 Placer ~4 4 9 +l2 3 .Previous sale cum dividend, Wellington.—Victory. 15/2/49-50, 2 1 /, (£1050), £9B 12s 6d; ditto (£300), £9B 7B Od; Stock, 15/4/50-51, 2 1 /, (£600), £97 12s Od; Victory, 15/4/56-59, 3 (£650), £99 10s; Stock, 15/6/52-55, 4 (£150), £106; ■Com. Bank Australia (200), 18s 3d; Wellington Woollen (20), £9 ss; N.Z. Brew. (50), 46a 9d; Aust. Foundation Invest. (2315), 5s 4d; Frozen Products (40), 20s; N.Z. Refrigerating, con. .(500). 15s; Reid Rubber, rights (100), 9s; Wellington Invest, and Trustee (200), 9s Od; Woolwortlis, N.Z. (412), 24s 3d; Grey River (2(H)), lis fid. Christohurch.—Liberty, 15/9/52-55, 3 (£300), £100; Victory, 15/4/56-59, 3 (£700), £99 12s 6(1; Stock, 15/4/40-19, 4 (£990), £IOO ss; Com. Bank Australia, pref. (50), £lO 15s; Bank N.Z. (100), 50s; Timaru Woollen (100), 20s 7d; Kaiapoi Woollen, pref (300), 255; N.Z. Brew. (150), 4<is 9d (2); Beath's (100), 355; Broken Hill Pty., (155), 475, 46fl 9d; Colonial Sugar (5), £SB 15s; Consol. Brick (300), 9s Od; Fletcher Holdings (100), 33s 9d; Milne and Choyce, deb. stock (245), 30s -Id; North Auck. Farmers (100), 5s 6d; Woolworthfi, N.Z. (412), 24s 3d; Komnta Reefs (100), ss. Dunedln. —National Savings Bonds, 1/2/48 (£400). 21s; ditto, 1/2/49 (£1000), 20s 3d; Bank N.Z. (300), 50s (2); Bruce Woollen (100), 40s; Colonial Sugar (5), £SB 15s; Electro. Zinc, pref. (50), 595; ditto (100), 59s 6d; Fletcher Holdings (100), 83s 9d; Reid Rubber, rights (175), 9s.

NORTH BROKEN HILL NET PROFIT OF £268,884 The net profit, of North Broken Hill, Ltd., at £268,884 for the year ended June .30, compares with £283,242 last year. This year's figure is arrived at after providing £113,000 for taxation and royalty, an increase, of £9OOO, and an unchanged sum of £7.",000 for depreciation. The unchanged dividend of Is 9d a uliare requires £245,000, and £50,000 is provided for new plant. Carryforward is £410,093, against £429,439 brought forward. The decrease in profit was due chiefly to reduced output and to reduced dividends from other companies. Ore reserve* were 5,183,0W tons, against 5,433,000 last year. HONGKONG BANKS The Bank of New South Wales advises that hanks reopened in Hongkong on October 17, for new domestic business only. LAND COMPANY'S YEAR LONDON, Oct. 24 The New Zealand and Australian Land Co. has passed the ordinary dividend, but has declared a final preference dividend of 2 per cent, making 4 per cent for the year. The net profit was £13,850 sterling, compared with last year. MINING YIELDS Slab Hut (West Coast). —Week ende<l October 19: 890z., 22,102yd5, 129 hours. Grey River (West Coast).—Fortnight ended October 24: 481.80z, 172,003yd5, 235 hours. EGG PRICES UNCHANGED The Egg Marketing Committee nnrl the Internal Marketing Division advise that thero is no change in the price of eggs, standard hen and standard duck eggs remaining at Is SVid wholesale and Is lid retail. Storekeepers' buying prices for ungraded lien eggs are Is fid and for duck Is 3'4d.

CLOSING quotations Quotations ou yesterday's ha remarket were Buyers hellers £ s d £ s d Com. Bank Aus. 0 18 3 0 18 7 Dilto (pref.) 11.) 12 G -— 0 E. S. mid A. Bk, ■1 7 0 4 10 Nat. Bank N'.Z. 2 17 9 2 18 (1 Nat. Bk. A'sia (con.) — 6 17 « Bank New Zealand 2 0 10 2 10 3 0 Ditto ID mort.) 1 10 0 1 11 F.A.C. (£2) 1 17 0 — Ditto (it) 0 JS 0 — Newton Kins lord.) 0 3 0 0 4 0 Dilto (prof.) I 4 0 1 5 0 W'porl foal (10/-) 1 7 0 1 7 6 Auck. (las (10/-) 0 7 9 0 7 10 Ditto (eon., 5/-) .—- 0 3 2 Howard Smith 1 ft 0 — Nth. Steam (It/-) 0 10 0 0 11 0 Ditto (con., 3/fi) — 0 3 2 L.-O'Br. Timber (15/) 1 5 fl — Taupo Tot. (1«)/-) 0 7 5 0 8 3 Bonds Hosiery 2 8 (3 2 10 0 Frit and Textiles 3 0 0 —- Kaiapoi (con., 7/-) — 0 12 4 Manawatu Knitting 2 7 0 — Oaniaru Wool 1 10 0 — Tattcrsfield o 2 0 — Dom. Brew, (ord.) o 15 3 o in 0 New Zealand Brew. o <5 3 2 n >i Tooths — 3 7 0 Kntrican-Sirns (£lpf.) l 4 0 1 .i 0 A.C.I 2 17 0 2 19 0 Booth-Mac. (pref.) 0 0 0 £) !-> British Tobacco . . 2 12 3 o 14 0 Rroken Hill Ply. 2 7 0 2 7 3 Bycroft . . 2 1 4 9 2 17 0 Claude Neon (N.Z.) 1 in 0 _— Colonial Susrar 5S 10 0 58 12 « Con. Brick 0 0 4 0 9 9 David .Tones o 2 o Electrolytic Zinc . 2 in 9 Ditto (pref.) .. Farmers' Trading . 3 0 r, 1 s 3 1 P ft Flet. Hold, lord.) 1 13 s 1 14 0 Hadfiekls Steel — 0 12 0 Hume Pipe (Anst.) 1 2 6 M. and C. (deb.) 1 9 9 1 10 fl Moturoa Oil (5/-) n 0 f! 0 1 o Forest Prod, ford.) 0 5 9 0 ft 3 N.Z. Rpfr. (con., 10/) 0 14 1 1 0 15 4 Nth. Roller (ord.) . i 5 0 1 n n Reid Rubber 1 1 1 0 1 12 0 Ditto (rights) . 0 n rs 0 10 0 Robinson Tee l 12 0 . Silknit (N.Z.) i s 0 1 8 n Wilsons Cem. (10/-) 0 18 0 0 19 1 Wlwlhs. (N.Z.) ,"»/- i 4 0 I 4 0 W. R. Cooke 0 3 ft 0 'ft ft Martha 0 0 4 0 9 9 AVaihi Invests. 0 ft 8 0 7 o Bkn. Hill Sth. (5/) :t 10 0 1 12 0 Mount Lyell l ft 3 1 0 Mt. Morgan (ord.) 0 n 10 0 10 0 Nth. Bkn. Hill (5/) Placer Development 2 15 3 . 4 15 0 5 0 0 War TiOan — i'to/.vi ay, .. no 12 ft on 17 fi Stock— r."riT t!t. 2% 0!) 10 0 99 12 B •' ■ ••••■-■> "i nC • •> ft 9 <5 15 II 15/4/50-51, 2Va . 07 12 ft 07 17 H 15/5/53-56, 3 . . too inn 15 ii 0 (1 100 17 ft 1 5 / i/5(i-59[ a . on 12 n on 15 0 15/9'57-00. 3'/i . 101 7 ft mi 12 ft 15/5/19-50, 4 . 104 10 0 104 12 B Wool Bds., 1/2/1!5 I 0 '> \ I 0 5