THE SHAREMARKETS

Wanganui Chronicle, 3 June 1950, Page 10

THE SHAREMARKETS

DOMINION EXCHANGES. AUCKLAND, Last Night (PA).— Stock Exchange Sales: 15/12/53-56 3 p.c. (£550), £lOO 12s 6d; 15/11/57-60 3 p.c. (£265). £99 ss; 15/7/63-65 3 p.c. (£3000), £99 ss; 31/5/54-58 4 p.c. (£300), £103; National Bank of Australasia, 12s 6d paid (400), 20s 6d; Bank N.S.W. (29), £4l; N.Z. Breweries (75), 48s 2d; ditto (,225), 48s 3d; Auckland Gas 10s (600), 9s lid; ditto, 5s (30), 4s lOd; N.Z. Insurance (100), £5 8s 9d; South British (50), 99s 3d; ditto (50), 99s 6d; T. Totara (200), 28s; Korma pref. (100), 18s 6d; A.C.I. (200), 50s 3d; ditto (100), 50s 6d; Australia Found, rights (568), Is Id; Colonial Sugar (5). £62 15s; Farmers’ Trading A pref. (00), 275; M. and C deb. (100), 47s 6d; M.K. Manufacturers (130), 12s; ditto rights (100), 3s; Morl. Dock (200), 245; N.Z. Drug (93), £6; Forest Products 200), 6s 4d; N.Z. Newspapers (50), 575; Samuel Alien (200>, 27s Id; Wm. Cable (400). 375; Woolwort.hs Sydney (200), 23s 3d; ditto rights (139), 13s 2d; Martha (300), 4s 2d. WELLINGTON, Last Night (PA).— Sale Late Yesterday: 200 F.A.M.E. pref., £ ss; 210 N.Z. Insurance, £5 8s 6d; 300 Dunlop, N.Z. pref., 18s 9d; 232 M.K. Mfrs., rights 2s lOd; 100 Rei Rubber pref., £l. Sales today: £5OO 21 p.c. 1950-51, £99 12s 6d; £6OO 21 p.c., 1/10/53, £9B 7s 6d; £1750 3 p.c., December 53-56 (4 sales), £lOO 12s 6d; £6OO 3 p.c. December 53-56 (4 sales), £lOO Ils 3d; £2OO 3 p.c. 1951-54, £lOO 7s 6d; £lOO 3 p.c. 1952-55 (2 sales;, £100; £2585 3 p.c. 1960-63 (3 sales), £9B 15s; 100 Bank Australasia, £lO ss; 50 Bank N.S.W. (2 sales), £4l; 675, N.Z. Breweries, cum. (5 sales), £2 8s 3d; 280 Goldsborough Mort. (2 sales), £2; 1008 Australia Found. Inv, rights, (2 sales), Is Id; 100 Frozen Products, £1 3s 6(1; 300 Henry Berry, 18s 6<i; 400 Humes (3 sales), £1 13s 3d; 150 Humes (new issue), £1 12s 6d; 100 J. J. Niven, £2 5s 9d; 600 Woolworths Sydney (3 sales), £1 3s 6d; 200 Woolworths Sydney, rights, 13s 3d; 540 Woolworths N.Z. (2 sales), £1 6s; 400 William Cable, cum. rights, £1 17s. ALEX HARNEY AND SONS LTD. A rise of £12.304 to £49,708 is shown in the consolidated net profit, of Alex Harvey and Sons Ltd. and its subsidiary for the year ended March 31, the parent company’s second year as a public company. The result was reached after providing £12,168 more for depreciation at £27,406 and £20,459 more for taxation at £69,959. The dividend, maintained at 10 per cent, on higher capital requires £28.565, against £18,208 in the previous year. The balance of the profit of £21,143 is left to increase carry forward to £40,169. The gross profits were increased £61,280 to £289, 867, hut expenses, excluding taxation, were £28,418 higher, al £170,200.