FINANCE & COMMERCE

Dominion, Volume 37, Issue 238, 5 July 1944, Page 6

FINANCE & COMMERCE

WELLINGTON EXCHANGE Yesterday’s Quotations The latest buying and selling quotations recorded yesterda.v on the'Welllugton Stock Exchange were as follows:—

Sales In New Zealand 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 Wellington:— WELLINGTON. No. of Sale Price, shares. £ a. d. £550 laser. Stock. 3 per cent., 15/9/52-55 £» 5 0 100 Queensland Breweries ...17 9 •100 yiaedufl’s, ord 0 17 9 50 Wgtn. Trust & Loan (on call) 319 0 500 Emperor Mines “0 13 3 * ‘‘Late sale Monday. AUCKLAND. . Third Liberty Loan. 15/12/53-30. £9B 10/-; Inser. Stock, + per. cent., 15/5/49-52, £lO4/5/-; Bank ot N.Z., £2/5/1; National Insurance, £l/5/-; South British, £4 (2); Farmers’ Auctioneering, £5/2/0; Westport Stockton. 7/-; Colonial Sugar, £5B/5/- (2): Consolidated Brick, 10/2. 10/3: Fletcher Holdings, ord.. £l/6/9; McKendrick, pref., £l/6/-: Beid Rubber, £l/11/6; Selfridges (Australasia), £l/6/6; Woolworths (N.Z.), £l/0/2; IVoplworths (Sydney), £l/1/3; Waihi Investments. 5/8. CUKISTCIIUKCH. Inser. Stock, 4 per cent., 191-9-52. £l<M 5/-, £lOl/2/6: Wool Bauds. 1/2/48. £l/0/3 (21; War Loan, 2S per cent., 1953, £94 15/-; National Bank of N.Z., £2/14/-: Goldsbrough Mort, £l/11/3; New Zealand Breweries, £2/2/6; Gillespie’s Beach, sd, (2); Bruce woollen, ord.. £l/16/104; West-port-Stockton Coat, ord. (late Monday), 71(1. (2): Donaghy’s Rope. £3/8/-; G. ,T. Coles (late Mondav), £3/6/-: Woolworths (Svd.l. £l/1/3, £.l/1/5; N.Z. Drug Co. £5/0/6. £5/1/-: Otago Dally Times, £2 14/- (2). Unofficial list.: Christchurch Press, £lO/10/-. DUNEDIN. Inser. Stock, 3 per cent., .15/12/53-36, £.l'B 10/-; ditto, 3 per cent.. 1951/54. £99 10/-; Bank- of X.Z.. £2/5/1 12): N.Z. Refrigerating, coal.. 11/-; N.Z. Drug Co., £2 paid, £3. Gold Mining Dredge returns for Juno are as follows: Barry town. 5-1-8 .ounces, 453 hours, 108,000 yards: Ranieri, 1722 ounces, 471 hours, 173.000 yards;; Arahura, 1208 ounces. 503 hours, 235,000 yards. Blackball Creek dredge last week produced’ 59 ounces iu 240 hours’ working.—P.A. Dividends And Calls Dominion Brew. —final, 5 p.c. .. July 7 AVoolwortlis Props.—linal, Imlfyear. pref, and ord., 3 p.c July 15 Woolwortlis (N.Z.) —int., 5 p.c. .. July 15 Ballins Brew. —int.. 2 p.c July 31 I.C.l.—int. half-year, pret’., 24 p.c. July 31 Nat. Bank N.Z. —final 24 p.c., (less U.K. tax, 7/8 in £) -Aug. 3 Woolwortlis (Syd.), half-year, Ist pref., 5 p.c., 2nd pref., 3$ p.c. Aug. 15

Vickers, Ltd., Profit

'rhe profit of Vickers. Limited, for (he year oiidod December 31 last, after provision for taxation, amounted to .E1.052.WJ, In comparison >vitb £1,031.150 for tiie- previous 12 montbeJ. After providing for debenture interest and siiikin.tr fund aud directors’ foes tiiere remained £081,119 (£M2,(’•00) to which was added £783.417 (£690.786) brought in. Tlie sum of £2sojMio (same) has been transferred to contingencies reserve, leaving .£1,517,566 (£1.403.356). The dividend on the ordinary stock for the year is unchanged at. 10 per cent., loss tax. tho carry-forward being £s97,* 627. The balance-sheet totals at £23,739.63.4 (£23,271.590). The fixed assets are shown at £10,430,192 (£10,449,988), and tiie floating assets at £13.309.442 (£1*2.824,6i)2). Tiie accounts of Viekers-Annstrungs, Limited, for 1943 show that the profits, after providing for taxation and setting aside such ms the board consider to be necessary to reserves for d<'forred repairs nnd post-war reorganization and oDjer contingencies, amounted to £1.655.166. against U 1.613.957 for 1912. The sum of £859,000 (same) has been sot aside for depreciation, and £311,816 (£268.896) was brought In. making a total amount available of £1.117.012 (£1,062.563). Tho. dividend is 6 per cent. (•*»>} per cent.', free ot. tax. on the ordinary /hares, leaving to be carried forward £326.65;: (£3II,SIG). Ihe balatH’D-slieot. totals at £89,522.731 (.COL--592,967). of which tho fixed assets account for CJ3.109.29t ( £ 11.<720.1891. and the Heatlug assets for “76.113.137 (£76.972.478). Dow Jones Averages

B s. d. B e. 1. 2J p.c.. 1/8/4G 99 12 6 MM 21 p.e., 15/9/47 99 2 6 MM 24 p.c.,' 15/5/48 98 7 6 MM p.c., 1a/6/47-49 .... 97 15 O OS 5 0 3 p.e., 15/7/1045 106 10 0 p..c, i/«/5i-54 99 1-5 0 3 p.e., 15/9/52-55 99 10 0 3 p.c., 15/5/53-56 «<.»• — 98 17 6 3 p.e., 15/12/53-56 .... — 9S 10 0 3 p.e., 15/4/60-03 98 a 0 3} p.e., 15/1/56-59 .... — X 102 7 6 81 p.e., 15/9/57-60 .... — 102 5 0 4 p.e.. 30/11/1948 —a 161 0 0 4 p.e., 15/5/49-52 .... 104 0 0 —— •1 p.c., 15/6/52-55 ..... 105 0 0 —a 4 p.c.. 31/5/54-58 106 10 0 —— Com. Bank Ans — 0 19 0 Nat Bank N.Z — x2 14 0 Bank N.S.W 37 10 0 Bank N.Z 2 4 9 — Ditto. "D” Mort .... 1 13 9 —— Inion Bank Aus 8 12 6 Eq tilt. Buildings ..... 1 1 0 — Goldsbrougb .Mort .... —— 1 12 6 Loan and Merc 71 0 0 aaa. W.F.C.A., pref O 9 6 a 'M Wn. Inv. T. & A 0 8 0 MM Wn. T. & Loan Wright. Stephenson, 3 19 0 pref .15 0 MM N.Z. Invest. Mort. ... 0 10 9 MM. Wgtn. Gafi, ord 1 14 3 MM* Ditto, pref 15 0 MM Feilding Gas 0 2 3 —M New Zealand Ins 4 8 9 Maa South British Ims. ... — 4 1 0 Gear Meat 15 6 N.Z. Refrig., £1 18 9 a* Ditto. 10/- — 0 14 0 Wgtn. Meat Exp 0 13 6 Huddart, Parker 3 3 6 aaa P. & O 2 4 9 — Union Steam, pref. ... 1 10 9 aa> Westport Stockton ... 0 6 9 MM Renown 0 9 6 _- Felt & Textiles 2 12 6 — Manawatu Knitting .. 2 19 mm Prestige, pref 16 6 MM Wgin. Woollen, pref. 9 11 0 M. Leyland Timber 1 3 3 Rotoiti x 0 8 0 mm Tanpo-Totara ...... — 0 9 3 Ditto, pref 0 10 6 mm Taringamutu ....... —. 1 2 4 N.Z. Breweries — 2 3 0 Tooth and Co 2 18 3 Maa A.C.I 2 15 3 —— Anthony Hordern .. 0 111 4 — British Tobacco .... — 2 11 3 Broken Hill 2 5 0 — Burns, Philp ........ 3 1 3 — Colonial Sugar * 57 15 0 MM Consol. Brick —a 0 10 3 Canty. Roller Flour . —— 0 18 0 David Jones 1 17 0 2. 0 6 D.I.C 10 3 MM Dunlop Rubber 143 1 5 3 Electro. Zinc. pref. . 2 IS 3 M—M Frozen Products .... 0 13 10 —• G. ,7. Coles Griflin & Sons. £1 .. —— 3 7 0 1 11 9 — Ditto, lb/0 15 9 T.C.I., pref 17 0 — J. ,T. Niven Macduffs, ord — 1 1 0 O 17 0 —a Ditto, pref 1 6 0 —- McKenzies ......... 3 0 6 MM Metiers (N.Z.) 0 17 6 — Nat. Electric 1 13 0 N.Z. Drug 4 18 0 —a N.Z. Farm. Fert 1 4 9 —— N.Z Newspapers .... 2 2 6 M— N.Z. Paper Mills .... 2 0 0 —a Tingey, pref Sharland & Co .1 7 6 —a 1 10 9 —— Ditto, prof 1 11 0 — Silkuit (N.Z.) — 1 7 0 Taranaki Oilfields .. — • 0 3 0 Ditto, Develop —a 0 1 0 Wilson's Cement .... — 1 0 Woolworths Ltd. .... 1 0 10 a— Wool worth (N.Z.) .... . xl 0 0 1 0 4 6 Ditto, Prop — Xl 10 W’worth, 2nd pref. . —— 1 15 6 Fletcher Hold —— 1 7 o Broken Hill Sth. ... . 1 10 0 Mt.' Lyell 1 12 0 Nth. Broken Hill ... a— 2 19 6 Emperor Mines Woolworths Hold. (S — 0 13 9 Africa) — x Ex dividend. 111 6

(Bv T ’learn ph.—Press .Assn. —Copyright,) NEW YORK. July 1. Dow .Tones averir.'o, (P)2(! equals UN)):— •’(lit nil- 32 bn a res roads. Industrials, sold 3 nno t Juno L •; 41.63 1 1 ll.-'N 1,301.000 559.000 June c . > ‘11.73 MS-12 1,720.000 .1 u no 2 •S 11..-ni 117.113 1.710.000 J nn<» - 1 -11.31 1IS.U7 1.990,000 Juno > -11.71 MS.3S 1,751.000 Jillv 1 -11.11) IIS. lb 017,000 July 3 11.st MS.32 150.200