Financial News

Auckland Star, Volume LXXIII, Issue 165, 15 July 1942, Page 3

Financial News

ON 'CHANGE

AUSTRALIANS EASIER

Offers for leading Australian securities were shaded on the Auckland Stock Exchange to-day following news that legislation is being prepared in the Commonwealth in connection with the 4 per cent profits limitation. Otherwise the market was steady, with banks slightly firmer. Banks of New South Wales and E. S. and A's were sought at higher figures. Bruce Woollen ordinaries were 9d higher at £1 4/. SALES COMPLETED At the 3 p.m. call yesterday:—Newton Kins (pref.). 12,9: Bruce Woollen (pref). £1 3/ (—); Electrolytic Zinc. £2 1/ (£2 0 6); N.Z. Breweries. £1 10-; Liberty Loan. 15 9 52-55, 3 per cent. £98 2'6 (£9B). Unofficial: Whakatane Paper (odd lot). 3/ (—). „ At the 9.45 a.m. call to-day:—Bruce Woollen. £1 4/ (£1 3 3); North Auckland Fanners (8/ f.p.). 6d (—); War Loan. 1 8 51-54. 3 per cent. £99 5 : Stock. 15/4 46-49. 4 per cent. £103 7 6 (£103). At the 11.45 a.m. call to-d-y:—National Bank of Australasia (paid), £11: Bank of New Zealand. £1 18/. Last sale price in parentheses where changed. SOUTHERN' EXCHANGES Wellington, this day.—Bank of New Zealand. £1 18/. Reported: War Loan, 1951-54, 3 per cent, £99 5/. Christchuroh, this day.—Kaiapoi Woollen (pref.). £1 0/6; Woolworths (N.Z.), 14/2. Dunedln, this day.—Reported: Bank of New Zealand, £1 18/; Dunedin Breweries. 19/; Wilson* Cement. 16/9. LATEST QUOTATIONS Bayer* Seller* Com. Bank of Australia 14/3 .. 15/0 Eng.. Scottish and Aust 3/3/0 .. — National Bank N.Z 1/17/6 .. — Nat. of Australasia (pd.) ... 10/15/0 .. 11/5/0 Bank New South Wales 28/0/0 29.0/0 Bank New Zealand 1/18 0 1/18/1 Union Bank Australia 6/12'6 .. 7/0/0 National Insurance 18/10 .. — New Zealand Insurance 3/8/6 .. 3 9/9 South British Insurance 2/17/6 2/19/6 Standard Insurance 2/19/6 .. — Farmers Co-op. Auc (£1 pd) 14/3 .. 16/# N.Z. Guarantee 2/7 .. — Grey Valley Coal 4/0 .. — Renown (ord.) (f.p.) — .. 11/8 Renown (pf.) (f.p.) 2/10 .. 3/2 Auckland Gas 6/3 .. 6/7 Auckland Gas (con.) 2/3 .. 2/7 Kauri Timber 1/0/6 .. 1/2ZO Kaiapoi Woollen 19/9 .. Kaiapoi Woollen (con.) .... 7/3 .. 8M Dominion Breweries (ord.) .. 1/5/9 .. New Zealand Breweries 1/9/6 .. Aust. Consol. Indust. 2/1/0 .. 2/3 >"0 Berlei (N.Z.) 3/6/6 .. 3/8/« Broken Hill Proprietory 1/15/0 .. l/16/O Claude Neon (N.Z.) 16/0 .. 1/0/0 Colonial Sugar 46/10/0 Electrolytic Zinc 2/o'6 " Farmers' Trading .......... 18/9 19M G. J. Coles I 2/7/6 — Macduffs (ord.) 3'6 * McKendrlck Bros. (pf.) 1/0/0 " 1/3/0 M.K. Manufacturers 4/6 s/5 Morts Dock and Engin. 18/0 — New Auckland Laundry 12/6 *" 16 Ml Radio (1936) (f.p.) 10-sI ;* JIB Reid N.Z. Rubber Mills .... l'l/6 1/2/fi Self ridges (Asia) _ " Taranaki Oil Fields 4/9 " Wilsons Cement (f.p.) 16/9 " 16/11 Woolworths (N.Z.) (f.p.) .. 14/0 14/ i Woolworths (Syd.) (f.p.) .. 14/6 15/ i Woolworths Hldgs (S.A.) .. 17/6 18/3 N.Z. Crown Mines i r 0,-> Waihi Invest, and Exp 2/11 I* a/4 Emperor 0/4 * Loioma ::::::::: ii/S ;; War Loans: l/»/(l 3 « '■> 90/0/0 .. — 1/8/51-54, 3 per cent 99/0/0 _ Liberty Loans: ' •• 15/9/47, 2'a p.e 96/10/0 .. — 15/9/52-55, 3 per cent 98/0/0 — Stock: ls/i/ti't?' ■?, per 06111 99/15 0 ..100/10/0 1 S/?/fl~« 2 „ p - c - (e ? 111 1) 101/5/0 .. — 15/6/52~55* 4P" 103/2/6 !!, ~ :: 106 _ 0/0 Deb * Stock 77/0/0 .. 80/0/0