TRADE AND FINANCE.

Auckland Star, Volume LIV, Issue 178, 27 July 1923, Page 6

TRADE AND FINANCE.

AUCKLAND SHAREMARKET. BUSINESS t>ONI3. AT THE NOON CALX. TO-DAY— Bank of New Zealand (£3/8/0) Milk Products tfl/5/6) Bycroft Debentures (£3B)

MARKTO CHANGES. Bank of New South Wales—Bnyera £41, np 10/. Auckland Gas, 5 p.c Debentures—Buyers £02/10/0, up 10/. SOUTHERN EXCHANGES. CHBISTCHUHCH, this day. Sales Beported: 41 p.e. Bonds, 1038, £96/15/0 (2 parcels; Manning's Brewery, £6/7/6 (2 parcels). Sale on 'Change: Burns, Philp, 32/9. DtTNBDIN, this flay. Sale on 'Change: Waihi, 25/3. Beported Sale: New Zealand Refrigeration, 12/6. FERTILISERS MABKET. AUCKLAND QUOTATIONS. Following are the net retail prices for fertilisers, ex store, Auckland, casb with order, extra charge made' for booking:— Price per Description. Analysis Ton. Nitrate of soda — £24 0 • £olpb. ammonia ." — £24 10/ Superphosphate 86-38 p.c £5 10/ Bone meal (Calcutta).. — £13 Bone meal (Sydney) .. — £12 10/ Nauru - Ocean Island phos. (fine ground) .. — £5 10/ Basic Slag 17-20p.c. £5 10/ Potash sulphate 90-92 p.c. £18 Salnit I4p.e. £3 ay THE WHEAT MABKET.

LONDON, July 25. • Wheat cargoes were quiet to-day at 6d ' to 1/3 decline, in sympathy with lower American cablegrams, . but the market closed firmer. Parcels were 6d to 9d lower, but Improved owing to shorts covering at I reduced prices.—(A. and N.Z. Cable. > i The report of the Commercial Bank of Australia, Limited, covering the year ended i Juue 30 last shows a net profit of £234,418, compared with £228,080 in the , previous year. With £42,208 brought forward, there la- available £276,627. Dividends of 4 per cent on preference shares absorb £ 84,694. and of 15 per cent on the ordinary shares £52.081. A sum of i £10,000 has been set aside for the reduction of premises. £85,065 has been placed < to the reserve fund, and £44,785 is carried forward. The sum of £14,934. being , the balance of premium on new shares, ' has been credited to the reserve fond, mak- ! ing that fund £ 100,000. The deposits ' totalled £17,061,413, an increase of Mmnro news. WAIHI GRAND JUNCTION. | •J The »i* o, L ow 5 1 * Information wag cabled charging cost of mining, milling, Jir H. n r2 e , Te i opment - a°">»nt written* 1 elation, and administration In rt?nw . ?L Il i w , z e»l»nd the accounts c? W ««* w b l t , ba,anee for tbe year of 5 £2V WWc ]f 1 . eilTe " £2 *. 5 48 *t the debit forward" account to be carried i Z he u ? S i , offlee " ent to London the following information by cable:—"No 5 level Martha lode.—in the east drive from the 160 ft crosscut.; From the erosicut to 65ft east,.the width of the drive is ii in T /» e """' value of the °re is £ 1 10/6 per ton. No. 10 level. Empire lode: The east drive ha* been extended to 850 ft From 200 ft to 820 ft the average I width of tte drive U Blft The value Vt > the "els 7/4 per ton. No. 10 level Empire ' lode: Driving west on the footwall: seam found at 157 ft south of the main shaft Is' ont to estt. From Bsft to> 65ft the wldtb sf *i 2/e ve pi? ap- Thm t^u - ot .**• °" bMUaK ° Ut «» ZEBHAW CONSOUDATED. -. ">*»■«« o* Zeehan Consolidated G.M. Co. telegraphed yesterday afternoon: "Three or tour pounds of picked stone save ben, selected ttum quarts fallen down while stripping Mo. • nef at No. 8 level. Oold is siowing in the f*e«."

BANKS— Sellers. Buren. Australasia 18/15/0 .. 18/10/0 Commercial 2/0/0 .. 1/17/8 National 6/16/0 .. — New South Wales.... — .. 41/0/0 New Zealand 3/3/0 .. 8/2/8 P. and 0. Banking... 14/10/0 .. — Union of Australia .. 13/0/0 .. — INSURANCE— National 4/2/0 .. — New Zealand 1/11/0 .. 1/10/9 South British 2/2/0 .. 2/1/3 FINANCIAL— Goldsbrough Mort.... 2/7/9 .. — National Mortgage... — .. 4/3/0 N.Z. and Elver Plat* 1/2/B .. 1/2/0 Loan and Mercantile 82/0/0 .. — COAL— Hlkarangl (pref.) 16/0 .. — Tauplrt 1/0/3 .. 19/0 Tanpirl (pret) — .. 1/3/6 Waipa — .. 16/3 Westport — .. 2/0/0 GAS— Auckland (old) 1/7/0 .. 1/6/9 Anrkiand (new) — .. 1/la/O Blrkenhead (ord.) 18/6 .. 17/3 Blrkenhead (pret) .. 1/5/0 .. — 8H1PPING— , DeTonport Ferry 1/6/6 •• 1/6/0 Hudflart, Parker (ord.) 2/4/0 .. 2/8/9 Northern Steam (p.n.) 13/6 .. 15/8 Northern Steam (cont.) 7/6 .. — F. and O. Deferred. — .. 315/0/0 Union Steam (pref.).. 1/0/9 .. 1/0/3 TIMBER— Bartholomew — .. 17/0 Kauri Timber 1/8/6 .. 1/8/0 L.O'B — .. 1/17/0 Parker. Lamb .... 1/6/6 .. 1/5/9 WOOLLEN— Kaiapol (ord.) 1/3/6 .. — Kalapol (10/) ;... 12/0 .. — Kaiapol (pref.) 1/1/9 .. — MISCELLANEOUS— Abraham, WU. (pref.) 4/13/0 ... — Bycroft, Ltd _ .. 1/2/3 Colonial Sugar — .. 45/10/0 Dental Supplies — .. 19/6 Donaghy'a Hope .... — .. 1/13/0 Farmers' Auc A (pref.) iJ0/0 .. — Farmers' Auc. B (pref.) 19/0 .. — Grey. Meozies (ord.) — „ 0/0 Theatre Arcade (ord.) — .. 1/16/0 Merediths, Ltd. 10/0 .. — Milne, Choyce (ord.) — .. 1/4/0 Milne, Choyce (deb.) 1/4/6 .. 1/4/0 National Pictures 1/0/3 .. 19/0 Newton King, Ltd... 19/0 .. — N.Z. Express 16/6 .. 13/9 N.Z. Home Builders. — .. 13/6 N.Z. Milk Products... — .. 1/5/0 N.Z. Refrig. (cont-)-. 12/9 .. 12/3 N.A. Farmers* (A pref.) — .. 10/0 N.A. Farmers (B pref.) — .. 7/6 Northern Boot — .. 1/2/0 Sbarland and Co — .. 1/1/5 Takapuna Trams 1/0/3 .. 19/tJ Thames Theatre .... — .. 17/6 Tonson Garlick 15/6 .. 14/9 Union Oil — .. 1/12/0 Wilsons Cement 1/T/ll .. 1/7/9 Breweries, Ltd — .. 1/0/6 MINING STOCKS— Moanatalarl ■ 2/9 .. 2/2 New WolotaM 0/8 .. O/« Waihl 1/5/6 .. 1/5/0 •Walhl Grand Junction 7/0 .. 6/8 DEBENTURES AND BONDS— Aurk. Gae, 19S2, 5 v.c — ..92/10/0 Anek.H.B., 5 p.c... 98/0/0 .. — Anck. H.B.,6 p.c... 107/0/0 .. — Ancle. H.B., 4 p.m.... 88/O/O .. — City Auck., 41 p.c. 92/10/0 .. — Devonport Loan 105/10/0 .. — N.Z. War. 1938, 4} p.c. 87/0/0 .. 66/5/0 N.Z. Wtr, 1939, *i p.C. — .. 86/8/0 N.Z. War, 1927, 6 p.c. 08/10/0 .. 88/0/O Sol. Bonds, 1933, 6* p.e. — ..101/15/0 N.Z. Jn*., 1927, 5 p.c. 98A0/0 .. WJ/U/O N.Z. Ins.. 1929, 5 p.C — .. 97/1S 0 N.Z. Ins., 1938, 4 i p.c. 07/0/0 .. 96/5/0 N.Z. Ins., 1939, 4J p.e. 87/O/O .. 96/5 0 N.Z. Ine., 1927-41, BJ 9S/W/0 .. flTAO/O Bol. Ins.. 1933, 5* p.c 102/0/0 .J01/17 9 GUborne Sheep — .. 101/0/0 Macky, Logan — ..101/10/0 Bycrofts, Ltd. 100/0/0 .. 97/10/0 N.Z. Farmers (Cant.) B8/10/0 .. — Milne and (Aoyce ... — ....97/10/0 Farmers' Trading ... — .. 96/0/0 Breweries, Ltd. 105/0/O .. —