FINANCE & COMMERCE

Dominion, Volume 35, Issue 284, 29 August 1942, Page 3

FINANCE & COMMERCE

WELLINGTON EXCHANGE Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follows: — N.Z. GOVERNMENT WANS.

Woolworths Holdings (South Africa) ... — 0 18 6 - c Cum dividend, xEx dividend. Stock Exchange Sales

Dealings in stocks and shares recorded on New Zealand Stock Exchanges yesterday were as follows, the number of shares in each lot being shown in the case of Wellington;—

Gisborne Borough Council, 41 p.c., 1066, £110; Auckland Gas perp. debs Nat. Bank of Australasia (odd lot), £ll tO/-; Nat. Bank of N.Z.. £2/2/-, Bank or N.S.W., (3). £29; N.Z. Insurance 1-3/10/6, South British Insurance, £3/1/6, i-o/-/ , Westport Coal. £l/5/-; Westport Stockton, pref., 8/3; Colonial Sugar £4S/lu/ ; Consol. Brick, 7/-; Howard Smith. £l, Macduffs, pref.. 17/0; Radio (1036). 10/6, Emperor Mines, 9/6. DUNEDIN. Bank of N.Z., £l/19/6; E.S. & A Bank, £3/11/-; National Mortgage, A, £l/18/ , N.Z. Refrig., 10/- paid, 9/6; Kaßangata Coal, *£l/12/-; Milburn Lime. £l/10/6. National Electric. £i/4/-; ,/PA'ct' 1 HIU South, £l/1/6; Mt- Lyell. *£l/6/6. ♦Late sale Thursday. CHRISTCHURCH. Bank of N.Z. (2), £l/19/6; Nat. Bank of NZ £2/°/-; Aust. Consol. Industries. £2 6/6•” Howard Smith, £l/0/1; Woolworths (Syd.), second pref., £l/6/9; Woolworths (N.Z.), 14/9. Australian Share Markets (By Telegraph. —Press Assn. —Copyright.) SYDNEY, August 27. Buyers offered ceiling rates on the Stock Exchange today for many This tendency has b , e e ? J ip ß a^!!L 1 in suLr'' this week. Sales included: Golouial S“ga , £-16/7/6: Wool worths, Ltd., 14/3, Bank 01 New South Wales, £24/1.;/-; Dunlop. l</6, Wileox Mofflin, 10/6; Kandos Cement, ‘’’sales on the Melbourne Stock Exchange included: Goldsbrough Mort. -o/6, Australasian Paper, 31/9; Drug Houses of Australia, 27/-; Mount Morgan, prel., 20/0. Scoullar Co., Ltd. At the annual meeting of the Scoullar Co. Ltd., yesterday, the chairman, Mr. W. E \ Gill, stressed that the company was in an increasingly favourable position. Net profit for the year ended April 30 was £5941, against £5716 In the previous year The dividend of 6 per cent was conhrineU bv shareholders. Tile retiring dlreUo.s. Messrs. C. R. Clayton and W ill Appleton, were re-elected. Milburn Lime Dividend (By Telegraph—Press Association.) DUNEDIN, August 28. The directors of the Milburn Lime and Cement Co., Ltd., recommend a_ final dividend of 4(1. a share, making 5 per eent. for tlie year. Western N.S.W. Electric Power Pty. The Western New South Wales Electric Tower Pty.. Ltd., advises that the nairyearly payment of interest on, debentures will be made on September I*>* Transter books will be closed from September 1 to September 14, inclusive. Dow Jones Averages (By Telegraph.—Press Assn.—Copyright.) NEW YORK, August 27. Dow .Tone* averages (1926 equals 100). and turnover on the New York Stock Exchange compare ns follows:—

Stock And Share Indices (By Telegraph.—Press Assn.— t 'opy right. 1 LONDON, August 27. "Financial Times” stock and share indices. with previous quotations, are (October 15. 1926. equals 160) : —

Wellington Poultry Prices Prices of live poultry in tin l Wellington markets are quoted by Townsend and Paul. Ltd., ns follows:— While Leghorns: Hens, best 3/6 to 4/6 each, others 2/6 to 3/6 each; cockerels, 1/2 to 1/4 lb.; pullets, best 8/- Io 10/- each, Olliers 6/- to 8/. each. Black Orpingtons: Hens, heavy '•/■ to 8/- each, medium 4/to <’»/- each; cockerels, heavy 1/4 Io 1/6 lb., medium 1/4 to 1/6 lb. Rhode Island Reds: Cockerels, heavy. 1/4 to 1/6 111. Ducks —Indian Runner: Young 6/- to 9/- each, old ">/- to ()/- each; white, young, 7/- to 10/- each, olii 4/- to 7/ea<’h. Geese: 5/- to- 8/- each. Turkeys: 1/4 to 1/6 lb.

Buyers. Sellers. £ 8. d. £ s. d. 9* p c 1/8/40 >. 97 12 6 pc, 15/9/47 97 15 0 — 3' p.e., 15/7/1945 99 10 0 — 3 p.e., 15/9/46-48 99 10 0 — 3 p.e., 15/9/52-55 — 100 2 6 3i p.e., 15/1/56-59 .... 100 . 0 0 31 p.e., 15/9/57-60 .... 101 10 0 3$ p.e., 15/1/53-57 .... 102 0 0 4 p.e., 15/2/43-46 .... 100 0 0 — 4 p.e., 30/11/1948 .... 104 10 0 —— 4 p.e., 15/4/46-49 .... 104 l> 0 “— 4 p.e., 31/5/54-58 .... 107 2 6 — 4 p.e., 15/2/43-46 .... 100 0 0 — 4 p.e., 15/4/46-49 .... 104 o 0 —- 4 p.e., 15/6/52-55 .... 106 15 0 — War Loan, 1953 91 I 6 0 17 9 — miscellaneous. Bank Australasia .... 8 9 0 — Nat. Bank of N.Z. ... Bank New Zealand, D 1 0 1 9 9 6 18 6 —— Nat. Bank A/asia 11 0 0 —- Newton King, pref. .. 0 12 3 0 13 3 N.Z. Guarantee Corp. 0 2 11 W.F.C.A., pref 0 5 3 —— Wgtn. Ihv., T. & A. Wright, Stephenson . 0 o 6 — 0 19 6 N.Z. Invest., Mortgage 0 8 9 — ■ ■ 0 6 9 Christchurch Gas .... 1 2 3 — Wellington Gas, ord. . 1 8 6 — 3 0 9 3 1 9 0 16 6 — N’Z? Kef rig., £1 1 1 0 — Ditto 10/0 9 Wgtn. Meat Export . 0 8 0 — 1 11 6 • Union" Steam, pref. . . 1 7 1 — 1 4 9 Pukemiro Colleries .. 0 16 9 — Bond’s Hosiery Mills 1 8 0 Bruce Woollen 1 3 0 — Kaiapol, contributing . 0 7 6 —- Oamaru Woollen .... 1 6 0 18 '— Wellington Woollen .. 7 0 0 — 7 2 6 Leviand-b’Brien Timber — 0 18 0 National Timber .... O 8 3 Kauri Timber 1 0 0 6 N.Z. Breweries 1 12 British Tobacco .... — 2 0 6 Broken Hill Pty. .... — 1 17 0 6 10 p I p pref 1 0 —— Dunlop Perdriau .... 0 17 0 9 18 0 Electro. Zinc, pref, ... <6 5 3 — 0 12 6 Fletcher Hldgs., pref. 1 1 0 9 6 Fr T * pref 1 4 0 — cO 18 9 — — N 7‘ Drug Co 3 15 0 — R. & E. "Tlngey, pref. 1 2 0 — Sharland and Co 1 0 United Provisions ... 0 10 0 Woolworths Ltd. ... 0 15 4 Woolworths (N.Z.) .. 0 14 1 15 9 Booth McDonald, ord. — 0 1 6 0 7. Dental’and Medical . 0 15 6 —• 1 3 0 1 3 0 9 Broken Hill South .. 1 1 q — OVERSEAS LISTINGS.

WELLINGTON. No. of shares. 200 Bank of N.Z JOO N.Z. Insurance 100 Sth. British Insurance . 600 Booth McDonald, pref. - Sale price. £ s. d. 1.19 6 3 10 0 3 10 •0 7 0 48 12 6 •Late sale Thursday. AUCKLAND.

20 Railroads. 32 shares Industrials, sold. 1911 (high) .. 90. .88 133.50 — 1911 (low) .. .. 2-1.15 109.27 — Aug 22 .... .. 27.00 107.30 180.000 Aug. 24 .... .. 27.00 107.25 376.000 A u g. 25 .... *’(» »7 100.51 315,000 Aug. 20 .... .. 2b.o.J 105.55 35S.U00

Govt. Bec'H. Home, rails. Industrials. Goldmines. 1041 (high 114.0 54.3 105.0 ISO 1041 (low) . 112.0 41.5 83.0 166.4 Aug. 21 114 2 57.4 103.4 1-14.0 Aug 24 .... 114.3 (J i 101.4 144.3 Aug. 25 ... 114.5 57.2 101.3 143.7 Aug. 20 ... 114.3 57-. 1 101.3 142.1)