COMMERCIAL

Evening Post, Volume CXXXVIII, Issue 54, 1 September 1944, Page 3

COMMERCIAL

PRICES FOR POULTRY,

Townsend and Paul, Ltd., report the following prices for live poultry :—White Leghorns: Hens (best) ss, 6s each, others 4s, ss; cockerels Is Bd. Is lOd 1b L.W.; pullets, best 12s, 14s each, others 6s, 12s. Black Orpingtons: Hens,-heavy Bs, 12s each, light'6s, 8s; cockerels, heavy Is Bd, 2s 2d 1b L.W., light Is Bd, 2s 2d lb L.W. Rhode Island Reds: Cockerels, Is 9d, 2s 3d lb L.W. Ducks: Indian Runner, young Bs, 12s each; Pekin, old 6s 8s young 10a, 16s, old Ts, 10s. Geese: 6s, 9s each. Turkeys: Is Bd, Is lOd lb L.W. Dressed poultry: Boilers, heavy 7s, 9s each, light 3s 6d, 7s; chickens. Is 6d, 2s lb; ducks, 6s, 8s each; geese, ss, 8s; turkeys, Is Bd, Is 9d lb.

WELLINGTON CUSTOMS RETURNS,

Increases all round are shown in the Customs revenue and allied returns for the month of August, when compared with the same returns a year ago. Net customs for the month totalled £252 635 compared with £227,080 In August last year, and for the eight months was £1,917,794, compared with £1,812,514 for the corresponding period last year. j Details of other returns were: Sales tax £105,829 for August (£91,105 last year)«----£823,062 for the eight months (£737,354 last year). Beer duty, £19,248 for August (£16,760); £144,533 for the eight months (£123,583). War tax, £391,261 for August (£355,877) ; £3,051,800 for the eight .months (£2,854,961)

DIVIDENDS DECLARED,

The Hume Pipe Company (Australia), Ltd., reports a net profit of £30,311 after providing £7500 for- taxation. At the annual meeting on October 2 the directors will recommend a final dividend on preference shares of 3% per cent., making 7% per cent, for the year, and a dividend on ordinary shares for the twelve months of 4 per cent, (unchanged). British Tobacco (Australia), Ltd., has decleared an interim dividend of 2 per cent., payable on September 29. An interim dividend of 5 per cent, has been declared by Woolworths, Ltd., on the paid-up ordinary share capital of the company, based on shareholdings as at September 30, and will be available for payment on October 15. Woolworths (Victoria), Limited, have declared a dividend of 3% per cent, for the half-year ended September 30 on the 7 per cent, preference sh.are capital of the company an* will be payable on October 15, based on shareholdings as at September "30

WRIGHT. STEPHENSON, AND CO

A successful trading year, with higher earnings, is recorded In the annual accounts of Wright, Stephenson, and Co., Ltd., for the year ended June 30. It Is remarked, however, that after deducting general expenses, depreciation, provision for taxation, and bad and doubtful debts, the amount remaining, £74,279, is £2080 less than the preceding year. Deducting debenture interest, directors' fees, and the company's contribution to employees' pensions fund, the net profit is £42,672, an increase of £433 compared with last year. The amount carried forward from last year's accounts was £35,427, to which is added the profit for the year of £42,672, v thereby providing a credit balance of £78,099. A dividend at the fixed rate of 2% per cent. (less national and social security taxes) on preference shares and an interim dividend of 2% per cent, on ordinary shares were paid for the half-year ended December 31 last. It is now proposed to make a. further payment on preference shares of 2V» per cent, (less social security tax and national security charge) for the half-year ended .tune 30, and to pay a final dividend of 2 1/. per cent on ordinary shares, which will make the dividend on the latter 5 per cent, for the year, and to transfer £15.000 to the general reserve There will be left £37,156 to be carried forward to next year.

MINING RETURNS.

The Grey feiver Dredging Co.. Ltd., report the following return for the fortnight ending August 30: 244 hours, 141.8T0 yards, 420.35 ounces. I An estimated worlrinß deficit for the four weeks ended August 20 of C6SSO is reported by Mount Morgan.

SHARE MARKET Govt. Loans- f^d. TTi. 2%-p.c, 1/8/46 ...... 98 7 6 99 0 0 2% p.c, 15/9/47 ..... 99 2 6 — 2% p.c, 15/5/48 98 7 6 — 2% p.c, 15/6/47-49 .. 97 15 0 — 2% p.c, 15/4/49-51 .. 95 15 0 — Wi p.c, 1/10/53 94 15 0 — 3 p.c. 15/9/52-55 ... — 99 5 0 3 p.c, 15/12/53-56 ... — 98 7 6 3y 2 P.c.,. 15/1/53-57 .,: 10115 0 — 4 p.c, 15/4/46-49 _ 102 11 3 4 p.c, 15/5/49-52 ... — 104 15 0 4 p.c, 15/6/52-55 .... — 106 10 0 4 p.c, 31/5/54-58 106 15 0 — . - - Bonds— Rural Bonds, 4 p.c, 15/9/47 _ 104 2 6 S.AC., 3 3-8 p.c, 1/9/55-60 . t — 102 10 0 Banks, Financial, Insurance— j Adelaide •. 51s 0 — Com. Bank Sydney ... — 22 5 0 C.B.A. (pref.) — 1110 0 X.S.W — 36 2 6 X'ew Zealand ...'. 2 4 3 2 5 0 New Zealand *D" .... — 1 14 6 U.B.A. .;..... 8 6 0 8 9 0 Abraham and Williams (ord.) _ 1 0 11 0 GoldsbroURh Mart .... 1 11 3 — Xewton King (pref.) ... — 14 9 Loan and Marc 72 0 0 — W.F.C.A. (pref.) .... 0 10 6 — Wgtn. T. and Loan .... 430 440 National — 1 5 0 South British 3 18 3 4 0 0 Other Shares— Canterbury Meat .... — 15 10 0 Gear _ 1 6 9 X.Z. Ref. (10s) — 0 13 10 P. and 0 2 10 0 — U.S.S. (pref.) 1 11 0 — FelfNind Textiles 2 17 0 2 18 0 Kaiapoi (coutrib.) — 0 9 6 Oamaru — 1 10 6 Timaru — 1 0 9 Wellington — 9 0 0 Leyland 1 4 3 Taupo Totara ....... — 089 Kauri 1 1 0 — Carlton t — 3 14 6 A.C.I — 2 18 '■ Berlei (X.Z.) 4 6 3 - British Tobacco ....* — 2 9 0 Broken Hill — 25 0 Burns, Philp- (South Seas) 1 3 6 — Colonial Sugar — 59 0 0 Consol. Brick • 0 9-11 — David Jones ' 1 18 6 — U.l.C 1 1 0 — Electro. Zinc (pref.) — 2 18 0 Frozen Prod ♦ — ' 1 2 0 F. T. Wimble — 310 General Indus 143 G. J. Coles 3 6 3 3 7 6 Griffin and Sons (£1) 1 12 0 — Griffin and Sons (10s) 0 16 0 — Herald & Weekly — 3 6 0 Hume Pipe ..* 0 19 0 1 0 3 I.C.I, (pref.) — 18 3 J. J. Xiven * 0 19 9 Meyer Emporium .... — 1 18 0 Macduffs (ord.) .... — 0 17 0 Macduffs (pref.) .....* — 17 6 MeKenzies — 3 6 3 Metters (X.Z.) 0 18 0 — Morris, Hedstr,om .. — ,296 X.Z. Farm Fert — 14 9 Reid Rubber — 1 g 0 Sharland Ill 0 Sharlaud (pref.) 1 11 6 — Silknit (N.Z. .;.... — 18 0 T.O Fields — 0 3 3 T.O. Develop — 0 10 Moturoa Oil — 0 2 0 Whitcombe & Tombs .. 5 19 0 — Woolworths, Ltd. ..* — 114 Woolworths (X.Z.) .... 110 116 Woolworth (pref.) ....* 2 00 Woolworths Prop, f .. "— 19 0 Gillesple "... _ 0 0 5 Mount Lyell ........ — 1 11 6 Mount Morgan — 080 Woolworths Holdings (South Africa) — 1 11 0 *Cum dlv. tEx dir. . Sales since going to press yesterday :—500 Rotoiti Timber, 9s; 100 Leyland O'Brien Timber, £1 5s; 200 X.Z. Breweries, £2 2s 3d; 5500 Canterbury Roller Flour, 17s 6d; 300 Morris, Hedstrom, £2 8s 6d; 100 Mt. Lvell £1 lls 3d. 3, ' Sales made late yesterday:—£1000 3 per cent. Stock, 15/5/53-56, £98 10s; 45 Union Bank, £8 6s 6d; 200 Mt. Lyell, £1 lls. Sales made today:—£200 2^ per cent. Stock, 1/8/46, £98 15s; £400 2% per cent. Stock, 15/9/47, £99 7s 6d; 300 Snowy River, 7s Id. P-A- AUCKLAXD, This Bay. Sales.—Xew Zealand Insurance, £4 9s 6d; Farmers' Co-op. (B cum. pref.), £1 5s 7Y> ; Westport StocBrton, 10s 4d; Northern Steam, 10s 3d; Ballin's Breweries, 18s 3d; Claude Xeon, £1 7s 6d.