FINANCE & COMMERCE

Dominion, Volume 37, Issue 17, 15 October 1943, Page 6

FINANCE & COMMERCE

WELLINGTON EXCHANGE

Yesterday’s Quotations The latest buying and sc ; l .*‘, ng recorded yesterday ou t c 3\cLii l=> tou

Stock Exchange Sales nealin-s in stocks and shares recorded on New Zealand Stock Exchanges yesterday were as follows, the number ot share! in,each lot being shown m the case of Wellington:— WELLINGTON.

AUCKLAND. Inscr. Stock, 3 per cent., 4V«/15/-* ditto, 4 per cent., 1943-4 b, 7 £ /6® Com: Bank of-Sydney, £2l: Westport Stoikton, -pref., 6/-; Broken HiR Propne tary, £2/5/-; G- J- Coles (3), £3, Macky Logan,, ai/10/6; SanforL _ %/ C<! Martha Unofficial list: 2/3; National Tobacco, £l/12/6. CHBISrCIItiKCH. Standard Insurance, £3/15/-: N.Z. Refrig.. 10/- paid (2). 12/8; Christchurch Gas £l/4/6- Broken Hill Proprietary, £2Ai/-, Milburn Ume £l/14/-; Woolworths (West. Aust.) (2), £3/9/-. DUNEDIN. Broken Hill AA /5/ t s/. G ‘ J ‘ Coles, £3; Woolworths (Syd.), i*/ • Dow Jones Averages (By Telegr a ph.-^cS A S o Dow Jones avera^ b ß <^. 2 ' 3 e^‘ aIS stakes

Stock And Share Indices (By Telegraph.—Press Assn.— Copyright.) LONDON, October 13.

Dividends And Calls

Queenslaiid Sugar Co-op. Labour shortage in the Queensland sugar fields and mills seriously affects the sea son’s prospects and h set will be reached; in fact, the general view is that Si^ U l%4'2 iS^ S ° r ßi.BW h ?ons dU€ In Xtage C means S Wry t c O on«iderably U «-

McKendrick Bros.’ Profit The accounts of McKendrick Brothers, Tjlmlted, for the year ended August oi, show net profit at £2620. comparedw l h •ovSOO in the previous year and. —-6L.9 in i»4l Interim dividend on preference shares absorbed £487. leaving a balance of £2133. The directors recommend a hnal dividend on preference shares of 34 per cent requiring £487, an unchanged div dend of 7* cent, ou ordinary .shares, taking £1125, leaving a balance of £»2l to bemadded to general reserve, which w 1.1 then stand at £4659. The report states that though increased costs .and taxation have made heavy inroads into earning capacity the directors are confident that bv pursuing a sound, conservative■ PoUW the current year should prove equalij sueces sf u 1. —

Stock Exchange were Seilers. A., 1. £ s. 1. ill 15 0 — 2i- p.c , 15/9/47 97 0 0 — 98 • i 3 p.c., 17 0 ■— 3 p.c., 15/9/52-uu 97 3 p.c., 15/5/u3-ob 98 12 3 ll.c., la/l-/33-<>t> •••• 98 31 p.c., lu/l/M-M .... 1(10 10 0 31 P.c., 15/9/57-60 .... 100 102 6 —— 31 p.c. 15/1/33-57 .... 17) 0 — 4 p.c., 30/11/1948 .... 104 7 6 4 p.c., 15/5/49-u2 105 0 0 4 p.c., lu/6/52-oa 10G o 0 4 p.c., 31/5/54-38 107 10 0 2i p.c., 1/10/53 Liberty Bonds, 15/9/49 93 10. 0 0 19 0 <1 10 n Comm. Bank A’sia .. 0 16 8 6 16 9 Bank New Zealand .. 1 8 Ditto. D Mort. .... 1 11 9 Queensland Nat. Bank 3 5 0 1 0 Xw. King pref 1 0 0 — N.Z. Guarantee .... xO o W.F.C.A.. pref 0 7 0 Wn. Inv. T. & A 0 7 Wgtn. T. and Loan , Traders’ Finance .... 0 8 0 0 Nat. Mortgage A .... 1 0 o 2 Wgtn. Gas. ord 1 11 3 3 1 32 1 (> National Ins. _L 6 9 — 4 0 Queensland Ins South British Ins. .. 0 6 c3 13 1 3 6 ■ ' Huddart, Parker .... 19 0 — 1 0 6 —. 1 10 Kaiapol Woollen, ord. — 1 3 3 1 9 Prestige, pref 1 1 3 — W**tn Woollen ...... 8 12 6 Ditto pref. ........ •8 15 0 — N.Z. Breweries 1 16 10 — ■. 2 17 British Tobacco .... 2 7 0 o 5 Burn's, Philp ....... Q 0 0 — 0 (> Claude Neon (N.Z.) .. 1 9 . — PIC nrd 0 .17 10 " Ditto, pref 1 6 0 Dunlop Rubber — xHs 0 3 0 6 Griffin and Sons, £1 . 1 •» 6 — Ditto 10/0 11 . ■■■ ITu ii * p Pipe ........... 0 15 0 — 1 ; t 6 — 0 15 4 — MacdiifX ord 0 13 <) 0 14 0 Ditto prof. ......... 1 4 •> McKenzies — 7 o — 1 10 0 Matters (N.Z.) ...... 0 17 — Morris Hedstrom .... 1 13 9 . > 4 8 p —— N.Z. Farm. Fert., ord. 1 0 0 — 1 N.Z. Newspapers .... Sliarland. ord 8 0 Ditto pref 1 9 0 8 TO Fi oi d s —_. 0 3 ij, 0 Develop • 0 2 0 1 9 6 1 11 0 ■Wilson’s Cement .... —■ 0 19 0 Woolworths Ltd 0 17 11 0 is 0 Wool worths (N.Z.) .. 0 16 7 Arahura. ord 1 8 6 Ditto Hof ........ 1 6 Broken Hill South .. ■yj T.ynll — / 1 7 6 1 10 0 ... — 0 9 9 Nth. Broken Hill .... 2 8 0 Woolworths Hold. (S. dividend. c cum dividend; UNOFFICIAL LIS r. Keystone Investments Wriinui-o-mata Land 0 3 0 — Develop., . 5 P-c., 31/5/46 A.P.A. ........ 97 0 4 10 14 15 0 0 0 — Frozen Products .... c Cum dividend. 0 X 12 0 •Jx dividend.

v Ot SaIe . Price - S £4W Inser. Stock, 3 p.c., 1952-55 080 0 £1300 Ditto, 3 p.c., 93 1 £1050 Ditto, 3 p.c., Io/12/o3-o6 gg g g 150 Bank of N.Z- (2)) *n -tn ''o 1395 Abraham and TV illiams .. 0 10 0 125 South British Insurance, cum div " q ,, 500 Northern Steam ■ ■ 1 300 Broken Hill Pty. (2) .... *2 5 0 100 Woolworths (Sydney), ex Unofficial list:— 350 Whakatane Paper Mills . ’Late sale, Wednesday. •0 S 0

roads. Industrials, sold. 1942 (high) .... 29.28 Jl'J.71 92.92 139.63 — 1942 (low) 23.31 35 00 497,000 Oct. Oct. 3 .••••••••. 4 34.S7 35.4S 139.27 137.84 490,000 716,000 Oct. 136.38 137.10 136.61 854,000 Oct. Oct. Oct. 9 * 11 iiw 34.57 226.000 480,000

Govt. Home Goldrails. trials. mines. 1942 1942 Oct. Oct. Oct. Oct. Oct. Oct. (high) . (low) . G .. • • si.'.'i 12 .... 114%' 113.4 112.7 112.H 112.5 112.0 112.6 112.0 64.6 54.1 65.1 66.2 66.4 66.4 66.4 66.3 11S.0 96.9 130.6 130.7 130.6 130.6 130.3 129.2 158.1 128.1 165.3 165.5 1656 165.5 165.3 164.5

■Woolworths (Syd.)—lot., 5 P- c - Oct. 15 Woodworths"'(N.Z.) - half-year Oct. 15 Woolworths (Vic.)—int. oj p.c.j Oct. .15 Farmers’ Auct.—ord. > Oct. 17 Oct. 18 Komata Reefs —Ou. a snare Oamaru Woollen—final, 3 p.c Oct. 22 Oct. 27 Howard Smith mt., - P ,c, i* z ’*.. South British a Oct. 28 share, plus 3d. bonus •••••••• Guarantee Corp.—lid. a share “ South Otago freezing-ord., o p.c. British Tobacco —final, yrly-, P reI - Oct. 2D Oct. 23 Oct. 2D Perp. Trustees —half-year 9d. a Oct 29 Win. Cable—iut. pref., 3J p.c. .. N ov. a Nov. 1 Macky Bogan—int., o p.c I.C.I.—int., 3 P-c. P-h Botoiti Timber —£6/8/- P-c. pref., Dec. Electro Zinc—final, pref, and ord.. Dec. 31