COMMERCIAL

Evening Star, Issue 24332, 22 October 1942, Page 6

COMMERCIAL

SHARE MARKET. McLeod Bros, were sold at £25 on ’Change, this morning, after which the market closed at £24 17s 6d-£25 10s. Two other sales were reported, New Zealand Insurance at 72s 6d and National Bank of New Zealand at 45s 3d, with a buyer still offering 455. Bank of N.Z. had al closer market, a buyer offering 39s 6d, with a seller 6d away. Standard - Insurance rose to 67s 3d (buyer). P. and O. deferred stock also rose to 36s 6d (buyer). In the gas, coal, and oil section Kaitangata were sought at 32s 3d, Westport at 255, Wesl-port-Stcckton (pref.) at 8s 4d, and Taranaki at 5s 3d. West.port-Stockt.on (ord.) were on offer at 2s lOd and Oil Developments at 4s, and Moturoa (pref.) were quoted at 3s-4s. There was the usual demand for woollens. Miscellaneous shares attracted buyers, hut few sellers, with recent rates ruling. New Zealand were quoted at 33s 6d-345. SALE. —This Morning.— McLeod Bros., £25. 11EPORTED ! SALES. National Bank of N.Z., 45s 3d. New Zealand Insurance, 72s Ed. DIVIDENDS. (P.A.) WELLINGTON, Oct. 22. The Slock Exchange Association has been advised by cable that the directors of Australian Consolidated .Industries have decided lo declare the following dividends; (a) 4j per cent, on preference shares for (he half-year ended September 30; (b) an interim dividend of per cent, on fullypaid ordinary shares. The directors of Kanieri Gold Dredging Limited declared the eighth dividend of Is per share on ordinary and deferred shares. SALES ON ’CHANGE; THIS DAY. Auckland.—Morning call: Commercial Bank of-Australia, 14s 9d; National Bank of New Zealand, 45s 3d; New Zealand Insurance, 735; United Building (Auckland), 20s; Kaiapoi Woollen (con.), 7s; Dominion Breweries, 295; Australian Consolidated Industries, 48s; N.Z. Stock (1949-52), 4 per cent., £lO6 10s. Noon call: Farmers’ Auctioneering (£5 paid), 85s; Westport-Stock-ton Coal (pref.), 8s 9d; Kaiapoi Woollen (con.), 7s; War Loan (1951-54), 3 per cent., £99 12s 6d. , Wellington.—Wellington Woollen (preference), 1555; G. J. Coles, 565. Reported: Wellington Woollen (preference), 1555; 4 per cent. Inscribed Stock (1946-49), £lO3 (three sales); 4 per cent. Inscribed Stock (1949-52), £lO6 10s; Bank of New South Wales. £29 15s; Broken Hill Proprietary, 39s 9d.