FINANCE & COMMERCE

Dominion, Volume 37, Issue 6, 2 October 1943, Page 6

FINANCE & COMMERCE

WELLINGTON EXCHANGE

Yesterday’s Quotations

The latest buying ami selling recorded yesterday on the Belllugton Stock Exchange were B f u "Sellers. £ 8. Ci. 8. d.

Stock Exchange Sales Dealing in stocks and shares recorded on New Zealand Stock Exchanges yesterday were as follows, the number of share's in each lot being shown in the ease of Wellington WELLINGTON.

AUCKLAND. Inscr. Stock. 24 per cent., 19-16. £o*, Comm. Bank of Aust.. l«/ 7; Bank of N.Z., £2/2/-: E.'S. and A. Blink. £3/19/6; larmers’ Co-op.. Allot., £4/16/6: N.Z. Refrig., 10/- .paid, 12/6; Devonport Steam. £l/9/-: Auckland Gas. 7/-; Swan Breweries. £1 5/3- Consol. Brick. 10/-; Colonial Sugar, £57/15/-: Morris Hedstrom, £l/14/-: National Pictures, 5/6; N.Z. Farmers Fertilizer, £l/1/-; N.Z. Forest Products, 8/-; Reid Rubber, con., 10/9; Woolworths (Syd.). 17/9; Emperor Mines, 14/-. CHRISTCHURCH. Comm. Bank of Aust. (2), 16/6; N.Z. In suranee. £4/4/6; Westport-Stockton Coal, ord., 2/9; Broken Hill Pty., £2/a/-; Booth, Macdonald, pref.. .8/6; Colonial Sugar (2), £57/15/-: Macduffs Ltd., 12/8; Woolworths (N.Z.), 16/8. DUNEDIN. South British Insurance. £3/13/3: Standard Insurance (2), £3/14/9, £3/14/6: N.Z. Refrig., eon., 12/6; Bruce Woollen, ord.. £1 10/-; ditto, pref., £l/7/-; McKenzie’s Dept. Stores. £2/7/6; Otago Dally Times, £2 7/3; Taranaki Oil, 4/6; Woolworths (N.Z.), 16/74. Sydney Stock Exchange (Received October 1, 11 p.m.) SYDNEY, October 1. Little business was transacted on the Stock Exchange today. .Sellers are awaiting the revision of selling prices next week. Sales: David Jones, 35/6; Bank of Australasia, £B/14/-; Broken Hill Proprietary, 40/-; Associated News, 17/74; Placer Development, 66/o; Winchcombe Carson. 26/6; Oilsearch. 4/14; Anthony Hordern, 19/3; Millaquin Sugar, 41/3. Stock And Share Indices

Gold Mining Associated Gohl Dredges’ return for the week ended September 25 was 2064 ounces for 352 hours from 80,060 yards. The Rimu dredge, for the fortnight ended September 21. returned 266 ounces for 259} hours from 84.145 yards. Grey River reports < that owing to abnormal floods silting up pond and burying mooring lines and power cable, there was no clean-up this week. Dredging was resumed at noon on Thursday. Snowy River reports a return of 196 ounces for 248 hours from 50,400 yards. The Blackball Creek dredge returned 62 ounces for 251 hours. Restoring Copra Areas Shareholders should not anticipate dividends above the present reduced rate while territory in which the company had large interests remained in enemy hands, said Mr. R. B. Carpenter, presiding at the animal meeting in Sydney of W. R. Carpenter and Company, Limited. Enlarged cash holdings would be used mainly for the rehabilitation of properties and undertakings in tlie Pacific, particularly In New Guinea. This would be necessary, because war damage claims would be paid only after protracted procedure. Continuance of the war results should enable an entry of the planting community at least. Considerable capital outlay was anticipated to restore tlie younger areas to good order, and to bring tlie older estates into productivity. and restore labour, premises and transport. If present copra prices of about £lB a ton fo.b. island ports held till the planting community was rehabilitated, profitable results could be obtained.

Beechams Pills, Ltd., Profit Profits of Beecham’s Pills Ltd. rose by £94,119 this year to £1.269.334, said the chairman. Mr. P. E. Hill. Sales bad greatly Increased for tlie company’s specialties. The raw material position was very difficult. Export trade suffered somewhat severely front Increased Dominion and for eign taxation and from stringent shipping restrictions. “I am glad to say. however, that we have held our own in the major markets and are read.v to follow our policy of expansion as soon as times are favourable. New lines have been put. on tiie markets and their successful exploitation is only n matter of time.” said the chairman. Apart from purchase tax. nearly £1.500.000 bad been or would be paid ii. taxation. N.Z. Exchange Rates

Arahura, ord Ditto, det Kanieri, ord Ditto, def Loloma Placer c Cmu dividend. Woohvortbs Ltd.. 2u pref Woolworth (N.Z.) .. Ditto, pref 3 r*" a O* . C ’ • 2 =' S © . • Z Z Z Z <S z z • • z z C ££ =r * c C Q— O P>5O ® — Ifi I o’ * , COC'1*’SO*O r— < -.-. *~i S3 O _ ’ 3 —• -. L _ O O rr. ?. Z 2-S2- n 5 g~3 g o S 5 erg.."’ g g.- K ~o “ ==: 5 Pr? “ 5 No 1° wssgs ? g h ’ : 5 = Z ? - &-=■" ’ • o°2 2 Sr-=. = oZ srK>e- : : . . : o . c » ■= 2 k !Z: _?■■ . • . . * . * * * Z • * ~e* e • (rj ~ 0 • p c/j» r • = -“QC’2‘ _ p->=v ? =' .■? 2 E 0&. -3 ffi!eZ -» a 3; G> J— Po CXI ’ 2 ‘ fc • Z * o — - h a 0 __ „ — * 4 ; ???' • r '- P? = ra. Z d = >rC t ts . ’ V. Ca to Cl £i Jx c; c« >< a® ii,’°^cx . . i?: : a?? : - ::::::::::::::: M • • • — t=a OS O O - 1 r- * ©!-* •— 1 i_l r-* M ©H**-*©© G >-• (-1 1“* POCoauMQw JMiJCHU C3 H M OS O O O H K^,^, ; Sog=igg8$2J?8§ggt3ggJ5S I |—A i i i i < —J . , . . . , 1 ■ L * I—* l—l J 1 L. * ,1 I t-*Or-*(Z» I «0C 03 10 --»©4-Cl4-o I c: cGO *“10~ia300OciO-.lt-* Cl to 1 01 c r--q-l-103C c r-* IS “'I © 13 eci -10 icibi Cl© -~10 Cl O O —) 0 Clo Cl 2. o cose. dC:C> <=c S3© -«©©r-© ©O a: O CGOOoo ©G©C03O4*e-3GOC>GcCiO <X C WGCIOGO Co© ooe.eeooocoe c.o 00eo co©© Q 4 O_ [ c 1— 1 l_A OS >— 1 0 te *3 os 4*. 13 0 I W I I I I 111. CX I 1 Ci J 1 Cl 1 1 1 LJ 1 1 5 1 c, 1 5 1 1 1 1 1 1 1 1 1 1 1.1 1 1 w I 0. 1 IIIIH 1 1 ls 1 I 11 11 11 1 11 1 s 1 1« 1 11 1 o o O © Gl G Cl CO G3 - GO »u 00

No. of Sale Price. shares, 150 South British Insurance, £ s. d. cum dir 3 13 3 20(1 Aust. Consol. Industries . •2 10 0 50 Ditto 2 10 0 100 Mt. Lyell “Late sale Thursday. 1 10 6

1042 (high) . 1012 (low) .. LONDON. September 30. Govt. Home see's. rails. 114.4 61.6 113.4 54.t Indus- Goldtrials. 118.0 00.0 mines. ,158.1 128.1 Sept. 21 112.3 66.1 130.2 104.3 Sent. 22 .... 112.3- 05.0 130.1 165.5 Sept. 23 .... 112.5 0.3.8 130.4 164.6 Sept. 27 .... 112.5 06.3 130.2 165.4 Sept. 28 .... .112.5 06.3 130.2 165.1 Sept. 20 .... 112.5 66.2 130.2 165.(1

telegraphic rates of esc hange on overBeas centres, as supplied by flic Hank or Non South Wales are as Follows • • - On Biivintr Setting New York, (lot to CN.Z. 3.2542 3 2050 .Montreal, (lol. to CN.Z. .. 3 GOB’i 3.3200 India, pence to rupee .... . 22 3-HI 22 11-10 Ceylon, pence to rupee .. . 22 3-13 22 11-16 London. CN.Z. tO’filOOstg . 124 3- c 125 Aust.. CN.Z to £100A .. . H10| 100 Fill. fiN.Z to £100F. ... ■SS 5-8 S. Afric. £N.Z. to £ 100S.A. 123 125 1-8 Chungking. N.Z. ponce to 1 Chinese Natl dollar . — 4