COMMERCIAL

Dominion, Volume 35, Issue 288, 3 September 1942, Page 3

COMMERCIAL

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 ot

War Loan, 1/10/53, £9l/15/-; Loan, 3-p.c., 1952-55, £99/10/-: Bank of N.Z., (2), £l/19/6; N.z. Insurance LJ 10/9; South British Insurance, Farmers’ Trading, £l/0/3: Northern Steam, con., lid.; Westport Goal. Ll/J/J; Kaiapoi Woollen, con., S/-: ' Vfil Woollen, pref., £7/12/6: Aust., Consol. I dustries. £2/7/-, £2/6/9; Consol. Goldfields, 7/1; Reid Rubber £l/1/6: Wilsons Cement, 17/2; Woolwmrtlis (N.Z.). H/», Woolworths (Syd.), 10/10; Mt. Ljtll. LI C/ti ’ CURISTCnURCH. N.Z. Refrig., 10/- paid, 9/6; Kaiapoi Woollen, con., 8/-; Aust. Consol. Industries, £2/6/6;. N.Z. Newspapers, Ll/dJ/-. Mount. Lyell. £l/6/41. . DUNEDIN. Westport Coal, £l/5/3; Consol. Goldfields. 7/-: Nokomai Gold. 3d. I Gkarito. 3d. London Stock Exchange (By Telegraph.—Press Assn. —Copyright.) LONDON,. September 1. On the Stock Exchange today prices for corporation debentures and stocks compared with previous quotations as fol-

British Tobacco Dividend British Tobacco (Aust.) Ltd. has declared an interim dividend of 2 per cent, for the quarter ending September 30. payable on September 7. Marine War Risk Rates Advice has been received in Wellington that schedule war risk rates to South American Atlantic ports south ot and Including Pernambuco. via the Cape, are now at the same rates as for North, Central ami 'South America, namely, lo per .cent Australia or New Zealand to or from Africa south of the Equator on the east coast, including islands and not north of Cape Palmas .on the west coast, are now rated at 7J per cent., and north of Cape Palmas, including Islands, at 10 per cent. Gold Mining The Riruu dredge, from June 16 to August 25. returned .282 ounces for 318 hours from 80,488 yards. The Moonlight Creek wasliup on August 27 totalled 42 ounces for. 350 hours. The Slab Hut return totalled 52 ounces for 160 hours from 20.300 yards. The'Okarlto return was 230 z. bdwt. for 70 hours. The following returns are tor the month of August: Barry town. 326 ounces for 411 hours from ■ 149,000 yards;'Kanieri, 1020 ounces for 450 hours for 106.000 yards; Arahura,-1871 ounces for 554 hours from 225,000 yards. . • , Cox Bros. Profit ■ Profit of Cox Bros. (Aust.), Ltd,, for the year .to' July 31 is £52.376, compared with £00.743 for 1940-41. Dividends Of < per cent, on A and B preference shares and 10 per cent., (unchanged) on ordinary shares require £48,021. and £3OOO is transferred to provision for contingencies, leaving £3247 to be carried forward, against £2492 brought forward. Assoc. Pulp & Paper Mills Associated Pulp and Paper Mills, Ltd., shows net profit of £122,040 for .'the year ended April 30, compared with £131,657 for 1940-41. Profit is struck after providing £83,050 for depreciation and £75,000 for taxation, against £61,750 and £60,000 respectively for 1940-41. Dividend of 6 percent, absorbs £90,300, £10,365 is written off losses to-April 30, 1939, and £20,000 is transferred to reserve, leaving a carry forward of £453G, against £3161 brought, forward. - ? ;

Wellington:— WELLINGTON. Sale price. No. ot shares. £ s. u • £923 Inscr. Stic, 4 p.c., 1932-ua 107 O 0 JOO Ballin's Brewery; 13/-pa. 0 11 6 100 Ditto 0 11 100 Broken Hill 1’ty 1 47 300 Woolworths ((Syd.) •••• 0 lo/ 9 200 Woolworths Holdings (South Africa) 0 18 4 6 100 Mount Lyell AUCKLAND. 1 6

lows:— Aug. 18. Sept. 1. (1. £ 8. d. Dalgety & Co., 4 P.O. 78 0 0 77 10 0 Dalgety & Co., shares 3 15 0 3 15 0 British Tobacco .... 1 3 9 1 3 Goldsbrough Mort. .. 0 15 8 n 15 0 6 P. and 0. def 1 9 u I 9