Commercial INVERCARGILL STOCK EXCHANGE

Southland Times, Issue 24837, 1 September 1942, Page 2

Commercial INVERCARGILL STOCK EXCHANGE

Quotations at yesterday’s call-over on the Invercargill Stock Exchange were as follows :— Government Debentures.—4 p.c. Stock 1943-46. b £100; 4 p.c. Stock 1946-49, b £lO4 12/6; 4 p.c. Stock 1952, b £lO5/10/-; 4 p.c. Stock 1952-55, b £lO6/10/-; 4 p.c. Stock 1954-58, b £107; 3'/ 2 p.c. Stock 1953-57, b £lO2/10/-; 3*4 p.c. Stock 1957-60, b £101; War Loan 1953, b £9l/5/-. Banks.—Commercial, b 14/6; E. S. and A. Bank, b £3/9/-; National of New Zealand, b £2/1/6; New South Wales, b £2B/10/-; New Zealand, b £l/18/3; New Zealand Long “D” issue, b £l/10/-; Union of Australia, b £6/18/-. Breweries.—Dominion Brewery, b £l/6/6; Dunedin Brewery Company, b 18/-; New Zealand Breweries, b £l/13/-. Coal.—Westport Coal, b £l/4/9. Insurance.—National, b 19/9; South British, b £3; Standard, b £3/1/-. Loan and Agency.—Dalgety and Company, b £6/14/-; Goldsbrough, Mort and Company, b £l/5/3; National Mortgage, b £l/17/6, s £l/19/6; Perpetual Trustees, b £2/10/-; Trustees’ Executors (Dunedin), b £4/2/-; Wright, Stephenson (ord.), b 19/-; (pref.), b £l. Meat Companies.—New Zealand Refrigerating (10/- paid), s 9/9; Southland Frozen Meat, b £l/14/3; South Otago Freezing Company, b £5/2/6. Shipping.—Union Steam Ship Company (pref.), b £l/7/-. Woollen Mills.—Bond's Hosiery, b £l/6/-; Bruce, b £l/4/-; Kaiapoi (ord.), b £1; Mosglel, b £11; Oamaru, b £l/2/3; Timaru, s 18/3. Miscellaneous.—Australian Consolidated Industries, s £2/7/6; Broken Hill Proprietary, b £l/16/6; D.I.C. (pref.), b £l/4/6; Dominion Fertilizer, b 18/-; Donaghy’s Rope and Twine, s £2/10/-; McDuffs Ltd. (ord.), s 6/3; McLeod Bros’ Soap, s £25/10/-; New Zealand Drug, b £3/15/6; New Zealand Guarantee Corporation, s 3/-; New Zealand Paper Mills, b £l/13/-; Southland Ice Cream, s £l/3/-; Wilson's (N.Z.) Cement, b 17/-, s 17/6; Woolworths Ltd., b 15/3; Woolworths (N.Z.), b„ 14/5. Mining.—Broken Hill South, b £l/1/-; North Broken Hill, b £2/4/-; Electrolytic Zinc (ord.), b £2/3/-; (pref.), b £2/5/-; Mount Lyell, s £l/7/-; Mount Morgan, b 7/6. NORTHERN EXCHANGES AUCKLAND.— SaIes: Stock 1957-60 3’4 p.c. £lO2/10/-; Auckland Harbour Board 1956 4’,4 p.c. £108; Auckland Gas (perp, deb.) £79; Bank of New South Wales £29; Bank of New Zealand £l/19/6 (2); New Zealand Insurance £3/10/6 (2); South British £3 2/-; Dominion Investment 19/5; Westport Stockton (pref.) 8/3; Auckland Gas (con.) 2/6 (odd lot); Northern Steam 4/11 (odd lot); A.C.I. £2/6/6; Bycroft £2/6/-; Consolidated Brick 7/- (2); McDuffs (pref.) 17/9; New Zealand Newspapers £l/12/9 (2). DUNEDIN.— SaIe reported: Bank of New South Wales £29. WELLINGTON.— SaIes: Commercial Bank of Australia 14/8; New Zealand Insurance £3/10/3; South British £3/1/6, £3/2/-; New Zealand Breweries £l/13/-; Woolworths Ltd. 15/7; Northern Steam 4/11. CHRISTCHURCH.— SaIes on ’Change: Bank of New Zealand (mortgage shares) £1 11-. Sale reported: New Zealand Newspapers £l/12/9. WRIGHT, STEPHENSON AND CO. LTD. The accounts of Wright, Stephenson and Company, Limited, for the year ended June 30 show a net profit of £31,499, making, with £28,731 brought forward ,a total of £60,230. Interim dividends of 2)4 per cent, on preference shares, less security taxes, and 2)4 per cent, on ordinary shares were paid on January 31 and the directors recommend a further payment on preference shares of 2)4 per cent, less security charges, and a final dividend of 2)4 per cent, on ordinary shares, payable on September 8, making 5 per cent, for the year, leaving a balance of £34,130 to be carried forward. The dividend on ordinary shares is unchanged. The previous rate on preference shares was 4)4 per cent. The profit of £31,499 compares with £35,775 in the previous year. DIVIDENDS DECLARED (P.A.) WELLINGTON, August 31. Woolworths have declared an interim dividend of 5 per cent, on paid-up ordinary shares, payable on October 15. Woolworths (Victoria) have declared a dividend for the half-year ended September 30 on 7 per cent, .preference shares, payable on October 15. The Bank of Australasia has declared an interim dividend of 2/6 a share, less British income tax at 5/6 in the £, at the rate ‘of 5 per cent, per annum. The dividend is payable on October 2 in New Zealand currency equivalent at the date of declaration. DUNEDIN CUSTOMS RETURNS (PA.) DUNEDIN, August 31. Following are the Customs returns for August, together with the returns for August 1941 in parentheses: Customs, £32,794 (£39,009); beer duty, £22,354 (£31,654); sales tax, £32,025 (£32,301); war expenses tax, £104,508 (£39,966).