COMMERCIAL

Evening Post, Volume CXXXVI, Issue 54, 1 September 1943, Page 6

COMMERCIAL

SHARE MARKET

WELLINGTON STOCK EXCHANGE.

Sales made today- at first call:—so A.C.1., £2 16s

Sales made after going to press yesterday:— £2250 (3 sales) 3 per cent Stock, ; ; Dec., 53-56; £98; £2800 3 per cent. Stock,, May, 53-56, £98 7s 6d; 100 N.Z. Insurance; £4 6s 3d; 20b. Consolidated Brick, 9s;', 100 Woolworths, Ltd., 18s; 400 (2 sales) Woolwdrths (N.Z.), Ltd., 16s 6d; 444 United •Provisions, 13s 7d; 200- (2 sales) Woolworths: Holdings, £1 Bs. ■ • ■■ ■■ ■ ■■' " ■■;' -■: -.-r-r-■.:':'::

British' Tobacco, Ltd., • advises "the ; vStock Exchange of payment of interim dividend 2 per cent., to September 30, on September. 7. P.A. AUCKLAND, This Day

Sales (morning call) : Commercial Bank of Australia (pref., ex div.),' £10 10s; N.Z. Insurance, 86s; South British Insurance, 73s 3d; Farmers' Trading, 22s lid; Third Liberty Loan, 3 per cent. (1953-56), £98. , Noon call: Commercial Bank of Australia, 16s 9d; ■ N.Z. Insurance, 86s; South British Insurance, 73s 3d; Australian Consolidated Industries, 565; N.Z. Government 3% per cent. Stock (1956-59),, £100 10s. • CHRISTCHURCH,, This Day. Sale: Commercial Bank of Australia, 16e Bd. Sales reported: N.Z. Government 3 per cent. Stock (1953-56), £9S; Auckland Gas, 6s lOd; N.Z. Drug Co. (£1 paid), 55s 6d. DUNEDIN, This Day.- , Sale reported: N.Z. J)rug (20s paid), 55s 6d.

DOW JONES AVERAGES. 'By Telegraph—Press Association—Copyright.! Rec. 12.50 p.m. , NEW YORK, August 31 Bow Jones averages (1926 equals 100) :— 20 rail- 32 Indus'- Shares roads. trials.: sold. August 2 .... 33.73 . 134.5 1,345,000 August 30 34.13 135.7S -335,000

.LONDON SHARE INDICES. (By Telegraph—Press Association—Copyright.) Rec. 12.50 p.m. LONDON, August 31. "Financial Times" stocks and share indices, •with previous quotations, are (October 15, 1926, equals 100): — ■ Gpvt. Home. Indus- Goldsees, rails, trials, mines. August 3 .....*. 112.4 67.5 129.4 163.2 August 27 ...... 112.3 67.4 129.3 162.7 August 30 ...... 112.3 67.4 129.6 163.6

SHARES IN LONDON. (By Telegraph—Press Association—Copyright* Rec. 12.50. .p.m. LONDON, August . 31. On the Stock Exchange prices for corporation debentures and stocks compared with, previous quotations as follows:— • Aug. 17. Aug. 30. £• s. d. £ s. d. Dalgety and Co., 4 p.c 9110 0 93 0 0 Dalgety and Co., shares 5 0 0 4 17 6 British' Tobacco 1 12 0 112 0 Goldsbrough Mort . .-, > 1 0 0 10 0 P. and O. Defd 11l 0 113 6 New Guinea Gold, Is B%d (Is 6%d, August 19).

BERLEI, LTD., DIFFICULTIES.

Berlei, Ltd.,. Sydney, reports net profit of £27,337 for last year, compared with. £27,371 in the previous year. After adding £.6960 brought • forward and allowing for £2277 for staff profit-sharing dividend and £2234 for the staff provident: fund, £29,796 was available for appropriation. A sum of £5000 was transferred, to general reserve, leaving £24,796. Payment of dividends, of 8 per cent.'on preference shares and 10 per cent, on ordinary sharee, payable on September 1, less Interim dividends of 4 per cent, and 5 per cent, respectively (amounting to £8878), paid on March 2, absorbed £17,756, leaving £7040 to be carried forward. The directors report that the year's operations were beset with difficulties. Material and labour shortages, as well as increasing costs, reduced both sales and gross -profit, which were met by further economies and reduction of expense. The Government had undertaken to purchase materials of the industry under lease-lend with the U.S.A. to Increase, the supply of garments to trade and public, but It would'be some months before that relief could be effective.