LATE COMMERCIAL

Wairarapa Times-Age, 22 April 1938, Page 8

LATE COMMERCIAL

STOCKS & SHARES WELLINGTON. (By Telegraph —Press Association). WELLINGTON, This Day. Stock Exchange sales, morning call: Australasian Paper and Pulp Co., £1 9s 6d. Sales were reported of Coles, £3 19s 8d (2); Broken Hill, £3 Os Gd. The Stock Exchange has received cabled advice from the National Bank of Australasia that the board of directors has decided, subject to audit, to recommend a dividend of six per cent per annum on both classes of shares for the half year ended March 31. A cable from the Mount Morgan Co., Ltd., states that the production report for the four weeks ended April 20 shows: Ore mined, 49,380 tons; ore treated, sulphide, 27,000 tons; pxidised, 21,681 tons. Estimated production of gold, 4,150 ounces; copper, 173 tons. Operations in the open cut were unfavourably affected both as regards grade and tonnage by heavy rain. Stock Exchange sales, noon call: 3J’ per cent stock, 1938/52, £lO3 7s 6d; Union Bank, £8 19s 6d; four per cent Stock, 1946, £lO2 2s 6d; Broken Hill, 60s 6d; Taranaki Oil, £6 11s, 7s; Woolworths Ltd., ordinary, 22s 2d. CHRISTCHURCH. (By Telegraph—Press Association.) CHRISTCHURCH, This Day. Stock Exchange sales: New Zealand Breweries, 44s 6d (2); Broken Hill Proprietary, 60s 6d; G. J. Coles, 79s 6d; Taranaki Oilfields, 6s lOd, 6s lid. New Zealand Breweries (late sale yesterday), 44s 3d; Broken Hill Proprietary (late sale yesterday), 60s 6d. DUNEDIN. By Telegraph—Press Association. DUNEDIN, This Day. Stock Exchange sales: G. C. Coles, £2 19s 6d; Wool worths Ltd., £1 2s Id; N.Z. Breweries, £2 4s 6d (2). N.Z. Paper Mills Ltd., have declared a final dividend of 4 per cent, making 7 per cent for the year. BUTTER & CHEESE QUOTATIONS IN LONDON (Recd This Day, 12.25 p.m.) LONDON, April 21. Butter is firm. Danish, 1275; choicest salted New Zealand and Australian, 1255; unsalted, 1275. Cheese is quiet. New Zealand white, 70s; coloured, 70s 6d. Australian white, 68s 6d; coloured, 695.