TRADE AND FINANCE.

Auckland Star, Volume LIV, Issue 47, 24 February 1923, Page 8

TRADE AND FINANCE.

AUCKLAND SHAREMARKET. nuSINKSS DONE. AT THE "..l.'i I'M. CALL YKSTERDAT— N.Z. Insurance itl.7 -. Wellington Ha- ii* K. ', _. 14 Oi 1. croft. Ltd <•! Takapuna Trains and Kerry IT ■ Taringanintii Timber <_.!. 11 0)

' THE WEEK REVIEWED » PRICES WELL MAINTAINED. Although there were fewer transactions recorded on 'Change during the past week, recent advances iv various investment stocks .ere well maintained. This was .particularly noticeable in respect to debenture Bines, for which premiums wpre offered In several cases, but no seller, quoted. Auckland Gas 6i per cent debentures could be iplaced at £103. and Auckland Harbour Board 6 per cent at £104. The 3* per cent Harbour Board debentures are wanted at £!IS, anil the 55 per cent at £97, which figure is also offered for City of Auckland 5i per cent. Gisborne Sheep Farmers' are stronger this week. £101 being offered at the third call yesterday. Mucky Logan's debentures are also wanted at a" premium ot 10/. Farmers' Union Trading debentures advanced their offers to £93. hut this did not bring out any seller. Government War H.oans were a little firmer this week, Soldiers' 5i per cent loan being now wanted lit £100 17/6, with no quoted seller under £102. The various 4i per cent loan., free of Income tax are wanted at £97, and the 5 per cent loan sold at 10/ above that figure. A rise of £3 took place in the buying offers for ordinary Loan and Mercantile stock, •which could now be placed at £S3, while the preference are wanted at £73. Colonial Sugar- Australian issue had a good adrance, buyers now offering £41. but no sellers are quoting. The Fiji issue also firmed a few shillings during the last couple of day . Bank of New South Wales shares are wanlted at £37 5/, an advance of 5/ for tlie . eefc. During the last few days a numoer of transactions .have taken place in N.Z. Insurance shures at 27/3. Auckland Gas. new issue, firmed a shilling during the •week, eales being made yesterday at 23/6. Shipping, timber and coal shares showed little change during the week. Taringamutu timber shares were, however, transferred yesterday at 31/6 Inquiry set In for Wellington Woollen shares and sales took place yesterday afternoon at £8 13/ and fS 14/, there being buyers left at the former rate. Kempthorne Prosser Drug are wanted at 57/. but no shares are offered. Takapuna T _m and Feri-v shares changed lands at tl _ third call yesterday at 17/, while 22/ ard 19/3 is offered for the respective issues of Auckland Trams, but no seller I quoted. Inquiry seisin again for Milk Product. Ltd;, at 20/7 but no shares were olTered. Wilsons Cement sold at 22/6 anil are wanted at threepence under thut figure. . alhi shares moved upwards this week several sales were made up to 31/ an advance of about 1/ for the week. ' BANK OF AUSTRALASIA. DIVIDEND AND BONUS. LONDON, February 23. _...{_. .. k 1_ Australasia has declared a a l___ . . thC - Year of 10 P pr <■«* with a bonus of 3 per cent, both tax-free The and _?___?. 5 00 ha ? YeV c _ Paced toVese'rve K-Z Cabl I car ried forward.—(A. and WAIHI SHARES IX LONDON. Walhl h Lu - xr »OX, February 22. A Stock Exchanged. £~4°. quot .. d on tn e (A. and K.Z.Cable.? buyers - 3 °/3 sellers. MEAT BOABDB_Q UOT ATIOXS. (By Tele graph .-_ Preßs Assoc , , nl. red for meat for export!-! '" b «* S Auckland.—Wethor_ u__i. , _ 6.-. to 721b, S W fft^{^ 1 and under. 9d ; 431b and over Rio bs - 421 ° quality, BJd. ' 8 *" ■ second . ..1; 431b and o_£jß'. .¥*?• Sid ' ._•** ' s «cona quality, - Al 65 , to T l lb ' _____•[. 421b and under 9 Jd; 431b and over M•' second quality, 9d. • Ja • Wanganui.—Wethers, 641b and nnil«. «ld ; 65 to 721b. Od : ewes, 601b and under r,.1: Glib and over. 4»d ; prime wSSIb. lambs, 421b nnd under. 9Jd ; prime ox beef 22/fi per 1001b: second quality, 20/- .__ beef. IS/ : heifer beef, 21 /. ' ' "* W Canterbury. —Prime woolly lambs, 421b and under, JOJd. At. the last Adding ton wile prices offered by the bead for mutton and beef were still above those at present offered by the lb for export, !

BANK!.- Seller.. r.nye™ Australasia -- •• 1:;^',. Conuncrcial >■ J 1«». d National ,; s " ■• l! °.'' n NewZcal.mil 2 IT C. .. 2 1(1/9 Inion of Australia... 14 0, ll .. 1". l"/0 INSURANCE - New Zealand 17 Ii .. 1 i.-0 South British I, 1.0 . . — standard •- in /° FINANCIAL — V /.. an.I Kiver I'l-.t- _ — .. 11/0 Loan mid Men .utile. - - -. M. II 0 Loan and Men-, ipref. 1 — •• '■) n, U C'OALHikurnngi 0.1 i 11 <"■ -• — Taupiri 1. 1 " -■ 10 fi 'i'aupiri ipref. — •• 1 ''/0 WeAport -- -• 1 l"'/0 GASAucklan.l (i.'.il 1 •"> •"• -- 14'" Auckland (new) -- -. 1/-.0 Kirk en head I s " -- — Gisborne — •• 1—0 SHIPPING— , Devonport Ferry 1 .. ti .. l/.i-u lluddnrt Parker lord.i 2.'IU (I .. . l-.C Northern Steam (p.u.I 13/6 .. 13/3 I'nion Steam ipref.I.. .. 1.0 TIMBER— L.O'B — •• 11. WOOLLEN'— Kaiapoi lord.. l,o b .. — Kaiapoi (10,) l-,o .. 11.0 l-ISCELLANEOLS— Aliraham. Williams.. 4 '10. .. A. .1. Entricnn. I.til... l'-'O •- l n /0 Auckland Trams — .. 1 -•<» Aticklnnd Trams (pref.i — .. 1.0 Hvcruft. Ltd - -• 1 " 0 Colonial Sugar (Ans.i ■-- .. 40.10/0 I-'amiers' Auc. A (pref.! — .. li/O Farmers' Auc. Ii Ipref.) -- ■• 16/0 ■ . ir Mear. Ltd -• 1'1S/0 Hill and J'luiumer:... — .. 1.0/0 . Tiientre. Arcade (pref.) 1(1.3 .. — _ Kemptliorne. Prosser. — .. 2 17/0 Milne, Chovce (pref.i 14 3 .. 1/3/0 Milne. Choyce (ord.i 1 4 3 .. 1/3/0 . Milne, Choyce (deb.i 133 .. 1/3/0 .' Milne. Chovce (newi 1 _ n .. — Neivton King (ord.).. 1-. n .. —_ ' Newton King (pref.i. -. 17/0 ' N.Z. Express 1<M! .- 13 b ; N.Z. Home Builders 14 ll .. 1.0 ' N.Z. Refrig. (c-ont.i.. U>~< ■■ 13/9 I N.A. Farmers S.'O .. — t N.A. Farmers (B prel'l - .. 6/6 J Northern Root — •• 1/1/6 5 Parenga Oil 10/0 .. — ' Parenga Oil (cont.i .. 3.9 .. — f Phillipps and Inipey. -- .. 1/5/6 i Sharland and Co — .. 119 : Takapuna Trams lS.'O .. 16. ' Thames Theatre .... — .. 1S_) i Tonson Garllck 13 3 .. 12/3 ' Union Oil 1 '10/G .. 1 .'9/0 , Wilsons Cement 1 '3/0 .. 1 /2/3 Associated Oil (cont.i 0/6 .. — X.Z. Milk Products.. — .. 1/0/0 HIKING STOC_5— Moanataiari 4 2 .. 3/10 Waibi 1/10/9 .. 1/10/0 ' Waihi Grand Junction 9'0 .. 8/9 v. New Waiotahi 0/11 .. 0/7} Mount I.yell 1/3/9 .. 1/4._ DEBENTURES AND BONDS— Auck. Gas. 1928, 6. p.c. — .. 103 '0/0 ' Auck. Harb. Bd.. _ p.c. — .. 98 0/0 ;, Auck. Harb. Bd., 6 p.c. — ..104/0 0 >_ Auck. Harb. Board... 97/12/6 ..'. 97/0/0 ■'. City Auck.. 1940, oi p.c. — .. 97/0/0 $ N.Z. War, 1930, 4* p.c. — .. 97 '0/0 -. N.Z. War, 1938. 4* p.c. 97/10. 0 .. 97/0/0 . N.Z. War, 1939. 44 p.c. — .. 97 0/0 ■':' N.Z. War, 1927, 5 p.c. — . . 97/7/6 '-' Sol. Loan, 1933, C._ p.c. -- ..100/17/6 ■ • N.Z. Ins., 1927, .. p.c. — .. 97/7/0 ;" N.Z. Ins., 1929. ".p.c — .. 97/0/0 V N.Z. Ins., 1938. 41 p.c. 97.7/6 .. 97/0/0 "■« Sol. Loan, 1933, 5* p.c. — ..100/13/0 i> Macky, Logan — .. 100/10/0 fi Gisborne Sheep — .. 100 ._• '' Fattnere' Union — .. 93/0/0 1 I