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THE WEEK REVIEWED.

FAIR NUMBER OF SALES. I Values or stocks have been well maintained on 'Change this week, and a rair volume or business was transacted. Soldiers' Loan had sales at £102 5/. and tne. 5 per cent inscribed stock at £08 and £98 5/. The various 4. per rent War Loans could be g-ot at £98, but olTers have dropped to £97 and £97 5/. Auckland ' H-.rbour Board -i per cent debentures changed hands at £S4. Ituyers or the 6 per cent debentures advanced their offers to £106 yesterday, but no selling figure was quoted. The 4_ per cent debentures were placed at £95, which figure was also paid tor Auckland City 4 J per cent deben- . lures. Auckland Gas 5 per cent debentures sold at £91, aud the c per cent arc stIV ln request at £103. A sale or Gisborue Sheep Farmers' Debentures was reported at .£lO2, and Bank of New South Wales sold at £41, before the dividend was declared. National Bank shares were transferred at £6 14/, and Bank or Australasia at £13 13/. Buyers or Commercial Bank ordinary shares have advanced their offers to 39/3. Bank or New Zealand eased a-rew pence, sales being- made at 0.1/9. Union Bank shares wero placed yesterday afternoon at £14 13/. Insurance shares bad more attention this week, South British selling- at 39/, Standards at 40/, and New Zealands at 29/3 to 29/5 Ward Brewery shares were transferred al 49/0 tbis week, ln shipping lines transactions wero recorded iv Howard Smith A number of sales have taken place It Ltd., at 55/, and Huddart Parker at 44/ .Milne and Chovco debenture stock this week at 24/, while Wilsons Cement agalt sold at 26/G, at which rate mote wert wanted yesterday arternoon. Slosgt. Woollen shares arc a shade tinner, buyers now offering £7 3/6. Kaiapoi Woollen ordinary shares sold at 23/. Transactions took place In Tonson Garlick. Lid., share'; at 15/3, and in Taupirf . coal at 20A Buyers of Hikurangi Coal now offer 14/6 ror both" issues. Auckland Gas shares sold at 25/6 and 30/3 for the respeclfve Issues. Birkenhead Gas are wanted at 17/, and Gisborne at_l4/6. Kauri Timber shares firmed yesterday to sales at - 29/, with further demand at that figure. Inquiry was made at the third call yesterday for Abraham Williams preference shares at £4 -5/, but holders want £5. l-'armers Auctioneering shares aro wanted at 52/6, and the preference issue sold at IS/. Phillips and impey. Ltd., are stftl wanted at 25/6, although the dividend hus been paid. Waihi shares are a little easier this week, but sales of Grand Junctions were made up -to 7/4. FROZEN HEAT IN LONDON: *' Dalgety aand Company, Ltd., are in receipt ot the following cablegram from their Loudon office under date May -1:— Frozen -Meat. —Prime crossbred lanih, Canterbury, heavy, IOSd, light HJd; North I=land, heavy !l_d, light lU_d. D_mand I rtter and market tinner. Prime cros> bred i intton, Canterbury, heavy 5Sd, light N.il; North Island. heavy __d, light 7_d. Demand principally on light-weights, market firmer. New Zealand prime ox beef, hinds oil, fores .'id. Demand checked by increased .trices asked, and any change of prices is in favour of buyers. Good average quality crossbred lamb, Australian, heavy Sid, light S.d; good averar> iiuality crossbred mutton, Australian, hi ivy __d. light s_d. Demand lor lamb puncipally on first qualities: demand for mutton principally on light-weights. ■ X.Z. (O.OP. DAIRY LO. "' (By Telegraph.—Own Correspondent.) HAMILTON", this day. At a general meeting of shareholders of the New Zealand Co-operative Dairy Co.. Ltd., resolutions which had been duly submitted to tho shareholders altering the basis of a quorum at general meetings and giving powers to the directors •to .alter ; the system 'if electing directors, were . -luuiimouEl}" coiL-imed,

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https://paperspast.natlib.govt.nz/newspapers/AS19230602.2.127

Bibliographic details

Auckland Star, Volume LIV, Issue 130, 2 June 1923, Page 8

Word Count
626

THE WEEK REVIEWED. Auckland Star, Volume LIV, Issue 130, 2 June 1923, Page 8

THE WEEK REVIEWED. Auckland Star, Volume LIV, Issue 130, 2 June 1923, Page 8