LATE COMMERCIAL

Wairarapa Times-Age, 12 April 1940, Page 6

LATE COMMERCIAL

STOCKS & SHARES AUCKLAND (By Telegraoh—Press Association.) AUCKLAND, This Day. Stock Exchange sales, morning call: Bank of New Zealand, £2 2s; Farmers’ Trading Co. £1 0s 6d. Noon call: Bank of New Zealand, £2 3s; South British Insurance Co, £2 9s 3d; Wilson's Cement Co. 19s 6d: U.K. Manufacturers. 5s 6d. The demand for New Zealand script has hardened and may be expected to harden still more. The sale price of Bank of New Zealand shares jumped from £2 2s to £2 3s this morning.

WELLINGTON WELLINGTON. This Day. Slock Exchange sale: New Zealand Breweries. £2 7s. The Stock Exchange Association has received cabled advice that the directors of the Bank of Adelaide have declared a dividend of 51 per cent per annum on paid-up capital for the halfyear ending March 25, payable on April 30. CHRISTCHURCH CHRISTCHURCH. This Day. Stock Exchange sales: New Zealand Refrigerating Co (10s paid), 9s; MacDuff's. 8s (2): Grey River Co. 18s. Sales reported: N.Z. Refrigerating Co (10s paid), 9s; N.Z. Refrigerating Co (.£1 paid) 19s lid. DUNEDIN DUNEDIN. This Day. Slock Exchange sales: 4 per cent stock. 1940/43 (late sale yesterday). £101; Farmers' Fertiliser Co (pref), £ 1 2s. „ WOOL TRADE ■ YARN PRICES FIRM IN BRADFORD. GOOD DEMAND AT AFRICAN SALES. By Telegraph—Press Association—Copyright. (Received This Day. 12.30 p.m.) LONDON. April 11. Bradford yarn prices are firm and unchanged. The Wool Control Board announced that the present issue prices will be maintained till August 31. This is regarded as a useful concession, but a considerable part of export trade is held up till the position in Scandinavia is clarified. At the South African wool sales for the week ended April 6, sixty-fours realised an average of 33Jd. There was a good demanl for all descriptions. France and England were the principal buyers. Italy supporting.