FINANCE & COMMERCE

Dominion, Volume 36, Issue 101, 23 January 1943, Page 6

FINANCE & COMMERCE

STOCK EXCHANGE Sales. In New Zealand The Wellington Stock Exchange was closed yesterday, Anniversary Day. Dealings in stocks and shares on other New Zealand stock exchanges were as follows: AUCKLAND. War Bonds, 1/8/46. 2$ p.c., £O9/5/-; Liberty Loan, 15/5/53-56, 3 p.c., -9.) 5/-; £99/7/0; Lyttelton Harbour Board, 31/3/51, 4J l>.e. • 5/-; Auckland Gas, Perp. Deb. Stock, £BB 10/-; N.Z. Insurance. £3/17/0: South British, £3/8/3 (2) : Newton. King (Pret.l, 17/-; Devonport Ferry, £l/4/9; Australian Alloy Steel, 10/-; Claude Neon 2/0; Consol. Brick, 9/-; Farmers '1 radintr Co. £l/1/7; Radio (1930), 13/-: Reid Rubber, £l/5/9 (2); Woolworths (N.Z.), 10/J, Woolworths (-Syd.), 17/3 (2); Mount I.yell, £l/9/3. CHRISTCHURCH. War Loan. 1953, £94; 2i p.c. Inscr. Stic., 194-7 £9B/15/-; -Commercial Bank or Aust, (ex’div.), 10/9 (2); National Bank of New Zealand, £2/10/-: Dalgety Co £7 15/-; Goldsbrough Mort, £l/8/6, poolworths. Ltd., 17/4; Wilsons Cement, 18/9. DUNEDIN. N.Z. Inscr. Stock, 1957-09, 3J p.c.. £102; ditto, 1947, 24 p.c., £O6/10/-; Commerc a Bank of Aust (sale late Thursday). 16/8, Goldsbrough Mort, . Australian Consolidated Industries. £2/10/-, Broken Hill Prop., £2/2/-: l - s ’^: l/f^p trlgerati S (cont.), 10/9; Mt. Lyell, £l/9/0. Canterbury Grain Market (By Telegraph.—Press Association ) CHRISTCHURCH, January 22. Little change In the grain and seed trade has been -reported in the last week and the products for which merchants are able to Quote are still few. Several lines of wheat have come forward, the condition of the samples being described as good,” though it Is still too early for any clear indication to be given about the vields A few samples of ryegrass have been received by merchants, but because of export uncertainties merchants are still not disposed to do much .buying. Meanwhile busmess has again been done in Algerian oats (a few samples) at 2/8 to _/J on trucks, and odd samples of Gartons have sold at 3/6 (A) and 3/3 (B) on trucks. National Bank Dividend The National Bank of New Limited announces payment on Tuesday of an interim dividend of li Per cent., less United Kingdom income tax at the rate of 6/74 in the £, in respect of the vear ending March 01, 1943. The dividend will be payable Zealand at any branch of the National Bank of New Zealand Limited at the rate of exchange for demand drafts on London current at the date of the dividend. Wellington Poultry Prices' The following present ruling prices for live poultry at Wellington are quoted by Townsend and Paul. Ltd.— White Leghorns: Hens, -best, 4/- too/ each: others. 3/- to 4/-: cockerels 1/4 to l/81b.; pullets, best, 8/- to 10/others, 6/- to 8/-. Black Orpingtons: Hens ; lieavv, 6/- to 8/6 each; light, V- to 6/, cockerels, heavy. I/O to. VSlb.; light. I/O to 1/8. Rhode Island Reds: Cockerels. l/« to 1/8111. Spring chickens: . Good market. Ducks: Indian Runner, young, 6/- to 8/each: old, 4/- to 6/-: white, YoUnS. »/- to 12/-; old, 5/- to .8/-. Geese: 0/- to 8/-. Turkeys: 1/G to 1/8 lb. Dow Jones Averages (By Telegraph.—Press Assn. —Copyright.) NEW YORK, January 21. Dow Jones averages (1936, equals 100) and turnover on the New York Stock Lx-

change compare as follows:--20 Rail- 32 Shares sold. roadfl. Industrials 194.1 (hlffh) .... . 30.S8 113.50 — 1944 (low) .... Jan. 7 Jan. 8 ..•••••• . 24.45 . 28.24 109.27 119.37 711,000 . 28.08 119.26 SI 1,000 Jan’. 13 •Tan. 14 . 28.13 . 28.40 120.25 120.79 633.000 682.000 .Tan, 10 . 28.96 121,00 505,000 Jan' 18 ....... . 29.08 121.50 708,000 Jan. 20 . 28.75 120.55 518,000