FINANCE & COMMERCE

Dominion, Volume 37, Issue 9, 6 October 1943, Page 6

FINANCE & COMMERCE

WELLINGTON EXCHANGE

Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington

Stock Exchange Sales Dealings in stocks anti shares recorfled on New Zealand Stoek Exchanges yesterday were as follows, the number ot shares in each lot being shown in the case of Wellington:— WELLINGTON.

AUCKLAND. Inscribed Stock, 3J per cent., 15/1/53-57, £lO2/17/0; Auckland Electric Power Board, 4i per cent., 30/4/44, £lO2/1/3; Bay of Plenty Electric Power Board 4J per cent., 1/10/64, £lll/10/-; Plako Countj', 4 o-o per cent., 1/1/60, £ll2/10/-; Bank of New Zealand “D” mortgage (2), 32/-; Bank of New South Wales, £34/5/-; Farmers’ Auctioneering Co., £4/16/6 (2); Loan and Mercantile, £45; Tauptrl (pref.), £l/o/8; Gear Meat £l/2/9: New Zealand Refrigerating, £l/67-7 Broken Hill Pty., £2/5/- (2) ; Consolidated Brick, 10/-.; Farmers’ Fertilizer, £l/1/-; K.D.V. Boxes, 12/3; Milne and Choyce (B pref.), £l/6/-: Selfrldges (A’eia), £l/5/6; Union Oil, |M/10/-; Woolworths (Sydney), 17/9; Mt. Lyell, £l/10/3; Martha, 8/10. CHRISTCHURCH. Bank of New Zealand, £2/2/-; Bruce •Woollen (ord.), £l/10/-; Christchurch Gas, £l/4/6; New Zealand Farmers’ Co-op.. 41 per cent, stock, 1935, £96; Reid' (N.Z.) Rubber Mills, £l/8/4; Selfridges, £l/5/6; Woolworths (N.Z.), 16/8; Woolworths (N.Z.), 16/9; Bulolo, £4/5/-. DUNEDIN. National Insurance, £l/3/10; Bruce Woollen (ord.), £l/10/-; Inscribed Stock, 4 per cent.. 1949-52, £lO5/5/-. Gold Mining Gold Mines of New Zealand, Limited, announce the following dredge returns for ■September:—Barrytown Gold Dredging, Ltd., 516 hours. 255,000 yards, 5150 z.; Kanicrl Gold Dredging, Ltd., 552 hours, 231,000 yards, 21310 z.; Arnhura Gold Dredging. Ltd.. 443 hours, 221.000 yards, 10740 z. Austral, New Zealand Mining, .Ltd., announce that In the 28 days ended October 2, its dredge worlied for 498 hours, handling 287,000 yards 'of material, and obtaining 6640 z. of refined bullion. Company Dividends The directors of the South British Insurance Co., Ltd., will recommend to shareholders the payment o£ a final dividend ot 1/- a share, plus a 'bonus of 3d. a share, payable on October 28. At the annual meeting of Smith and Smith, Limited, on September 29. a dividend of 71 per cent was declared payable on October 1. free of national security and social security taxes on the ordinary shares. Dow Jones Averages (By Telegraph.—Press Assn.—Copyright.)

Stock Exchange were as follows •— B u .vers. .Seders. 4 • st. d. £ s. d. p c 1/8/46 97 15 0 — oj p e ' 1*5/9747 97 0 0 3'mc^’15/7/1945 .... 99 0 — 3 p.e., 1/8/51-54 .... 98 6 98 o 0 3 p.e., 15/9/52-55 98 O 0 — 34 p.e., 15/9/57-60 ... 100 0 0 — 4 p.e., 15/2/43-46 ..... 101 0 0 .101 u 0 ■1 p.e., 15/4/46-49 — 101 0 0 4 p.e.. 15/5/40-52 .... ■ — 105 o 0 4 p.e., 1'5/6/52-55 — 106 u 0 4 p.e., 31 /5/51 -58 lUi 6 —— 4 p.e., 15/2/43-46 101 0 0 —— 4 p.e.. 15/4/46-40 .... 103 15 0 —— Liberty Bonds. 15/9/4-9 0 19 0 —* Comm. Bank Aust. .. 0 16 6 ——■ Ditto, pref 10 6 —« Nat. Bank N.Z n 6 — Bank N.S.W 33 17 6 — Bank New Zealand ... 0 •» — 3 Ditto. D '.Mort 1 11 9 1 12 3 Union Bank Aust. ... — 7 14 0 Nat. Bank A/asia. .. 12 0 0 N.Z. Guarantee 0 3 4 W.F.C.A., pref 0 0 —- Wn. J nr. T. & A 0 —— IVgtn. T. and Loan . S 0 —■ Traders’ Finance, cont 0 o 0 —— N.Z. & River Plato .. —— 0 19 0 Christchurch Gas .... — 1 «> 0 , — 0 12 0 Wgtn. Gas, ord 1 11 — 1 6 National Insurance . 1 4 1 Now Zealand Ins. — 4 o 0 Queensland Ins 3 0 6 .South British Ins. ... 13 6 ■Standard Ins 3 14 6 3 15 6 Gear Meat 1 o 6 — N.Z. Refrig., £1 1 5 f) —— Wgtn. Meat Export . 0 11 6 —. Uuddart, Parker .... o 17 0 —— Union Steam., pref. . 1 10 0 Northern 'Steam, 11/- ■— 0 9 6 1 0 Kelt & Texilos 9 3 — Prestige, pref 1 7 — 8 12 0 Ditto, pref 8 14 6 —- Rotoiti Timber 0 G 6 —- 1 16 6 Tooth Brewery 2 17 3 British Tobacco .... 2 0 —• 3 0 0 Cox Bros 0 6 6 — PTC nref 1 6 0 - .1 ■ Griffin & .Sons, £1 .. 1 0 0 —— Ditto 10/0 10 0 — ■ 0 14 3 ,T. ,T. Niven 0 15 •’ — 0 12 4 ■ ■— 1 4 4 — 1 10 O —- Metters (N.Z.) 0 .17 3 — Morris. Hedstrom 1 13 0 — 1 8 0 . - — Ditto, pref 1 9 0 — Taranaki Oil —— 0 4 9 Woolworths (N.Z.) 0 16 f» —• xl IS 6 ■ . Union OH. Soap and Candle — 1 11 o 1 ft 6 - ■ — 1 1 6 — 0 11 0 —■ 1 o 0 6 0 — c, Cum div. x Ex div.

No. of 500 3 P.e. Stock. 15/5/33-56 v _. Sale Price. £ s. d. . »0S 12 6 50 South British Ins., cum div 13 600 3 p.c. Stock, 15/12/53-56 . , 08 o 0 300 31 p.c. Stock, 15/9/o7-60 ... . 100 o 0 20 National Bank of A/asia ... . 12 2 6 350 South British Ins., cum div. . . 3 13 3 . 1 5 0 ‘Late sale Monday.

SEW YORK, October 2. Dow Jones averages (1920 equals 100): — 20 Bail- 32 Shares roads. Industrials, sold. 1942 (high) .... 29.28 1'49.71 — 1912 (low) 23.31 92.92 Sept. 25 .. ..... 35.18 141.08 331,000 Sept. 28 .. 34.70 139.27 607,000 Sept. 29 .. 34.8.1 139.75 466,000 Sept. 30 .. 35.11 140.12 571.000 Oct. 1. ... *35.22 140.33 559,000 Oct. 2 ... 35.12 140.27 272,000