TRADE AND FINANCE.

Auckland Star, Volume LIV, Issue 182, 1 August 1923, Page 6

TRADE AND FINANCE.

I . - ! AUCKLAND SHAREMARKET. BUSINESS DONE. AT THE 3.15 P.M. CALL TEBTEKDAY— AuckHnd H.B. Deb., 1980 £88/10/0 N.Z. Insurance £1/11/0 An.-kIRDd Has £\m<Z l>evooport Ferry £1/6 3 Nortiicin Steam (p.u.) l"/3 Thames Theatre Co M ....18/u New walotani 7d AT THE 10 A.M. CALL TO-DAY— ■WalUl Grand Junction. 6/7 N.Z. Breweries, Ltd fl/0/6 Auckland Gas £1/6/3 AT THE NOON CALL TO-DAY— Bank of New Zealand £3/1/91 £5/1/0 Union Steam (pref.) (£l/0/6)

MARKET CHANGES. Bank of New Zealand—Sales to £3/1/0, down 6d. Union Steam (pref.)—Sales £1/0/6, up 3d. N.Z. Loan and Mercantile.—Sellers £80, Hnddart, Parker Steam—Buyers £2/4/0, up 3d. t-.-O'B. Timber—Buyers £1/17/6, up 83.

FOREIGN EXCHANGES.

LONDON, July 30. The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on July 27, and par:— July 30. July 27. Par. New York idol.) . 4.57} 4.09 i 4.866 Montreal (dol.) .. 4.68* 4.71J 4.866 Paris (fr.) 77.95 77.15 25,225 Rome (lire) 105* 1041 25.229 Berlin (m) 5,100,000 3.800,000 20.43 Stockholm (kr.) .. 17.21 ■ 17.26 18.159 Cbristiania (kr.) . 28.45 28.30 18.150 Copenhagen (kr.) 25.57 25.81 18.159 Calcutta (pence) 16J lU} 24 Hongkong (pence) 26J 27. — Yokohama (pence) 25 9-10 :!5* 24| —(A. ana N.Z. Cable.)

WAtHI SHARES.

LONDON, July 30. Waihl shares are closed at 25/3. —(A. and N.Z. Cable.)

MINING NEWS.

OHINJEMTJRI. I The manager's report for the week states! that the south drive on the Camoola reef j at the low level is now out 554 ft. The ' .reef continues to be of a hard nature and ' neither wall Is exposed. The quartz coming to hand still shows values and rodenite is, also freely distributed across the face. I NEW 'WAIOTAHI. thP^H^ 6 ™*" *2 f the mana ßer states that the drive on the course of the Cure No 4 ' reef has been extended during the past week \ «f ad dr?£ W 5 ?££ a? &SSSS Blng in between the Cure No. 4lands rSs This locality in the past produced rich ore ZEBHAN CONSOLIDATED ■Mr. Frank Shepherd, superintendent ports for the week that at No. 5 level wortcl on No. 3 reef has been slow, owing to light I country In the footwaU. Th* reef his no* been broken down since the few pounds of picked stone were secured. The Jortion of the reef where this waa secure! iijtti wide, .with a band about 2in wide on tne footwaU side containing strong dabs of «old making towards the middle. Breaking down will take place In two or three days' time. Aβ the drive proceeds north tbe volume of water Iβ Increasing considerably and from present appearances the reef is opening out. This reef is about 700 ft in of the level, slvln * 3a > ft to oOOft of -backs, according to the contour of the country. This reef has not been eee£ •t the No. 4 level, and, as only a small uTuct. fiOr£aK:e ™ rk baß aone > "

BANKS— Sellers. Buyers Commercial — .. 1/lS/O Rational 6/16/0 .. — New South Wales — .. 41/0/0 New Zealand 3/1/3 .. 3/0/9 New Zealand (Bights) 1/10/6 .. 1/10/a ■Union of Australia .. 14/12/8 .. — Boyal (cont.) — .. 1/15/9 INSURANCE — National 4/1/0 .. 3/19/6 New Zealand 1/11/6 .. 1/10/0 South Britlan 2/1/6 .. — Standard 1/19/0 .. — FINANCIAL— Goldsbrough Mort 2/8/0 .. 2/6/8 Nntlonal Mortgage... — .. 4/3/0 N.Z. and River Plate 1/2/8 .. l/2/o Loan and Mercantile. 80/0/0 .. — Loan and Merc (pref.) — .. 77/0/0 COAL— Hikurangl ford.) 15/8 .. — Hikurangl (pref.) 15/« .. 13/0 Tnuplrl 1/0/3 .. 19/0 Tauplri (pref.) — .. 1/3/8 Waipa -!■ .. W/0 Westport — .. 2/0/6 GAS— Auckland (old) 1/0/8 .. 1/e/u Auckland {pref.) 1/5/0 .. — SHIPPING— Devonport Ferry 1/6/0 .. 1/8/0 Hnddart. Parker (ord.) 2/5/0 .. 2/4-/8 Northern Steam (p.u.) 15/8 .. 15,3 Northern Steam (cont.) 7/6 .. 6/11 TIMBER— Bartholomew 1/0/3 .. 17/6 ?^ Tlmbe . r :.v.v.v.. 1/9 i° -..iTn/e Parker, Lamb — -. I/ 8 /" WOOLLEN— Kniapol (ord.) 1/3/8 .. — Kalapol (10/) 12/0 .. — Kalapol (pref.) 1/1/8 .. — insCKI.LANEODS— Abraham, Williams.. — .. 8A4/0 Abraham, Wll. (pref.) 4/18/0 .. — British Tobacco 2/3/8 .. 2/2/6 Colonial Sugar (Ans.) — .. 45/10/0 Dental Supplies — . - 19/6 Donaghy's Rope — • ■ 1/13/0 Farmers' Auc — .. 2/13/0 Farmers' Auc. A (pref.) 19/0 .. 17/6 Farmers' Auc. B tpref.) .18/0 .. — Grey and Meniles (ord.) — .. 8/0 Theatre Arcade (ord.) — .. 1/160 Theatre Arcade (pref.) 1/0/3 .. 18/8 Kempthorne, Prosser 3/5/8 .. — Merediths. Ltd 10/9 .. — Milne, Cnoyce (ord.) — .. V4/O Milne, Choyce (deb.) — .. 1/4/0 National Pietures 1/0/0 .. 18/6 Newton King, Ltd... 19/0 .. — N.Z. Express 16/8 .. 14/0 N.Z. Home Builders.. — .. 13/0 N.Z. Milk Products.. 1/8/0 .. — N.Z. Refrlg. (cont.).. 13/3 .. 12/6 X.A. Farmers' (A pref.) — . • 10/0 N. A. Farmers (B pref.) — .. 7/0 Northern Boot — , .- 1/2/0 Parenga Oil (cont.).. 1/6 .. — Sharland end Co — .. 1/1/6 S. R. Maxwell 1/4/0 .. — Tafcapuna Trams .... 1/0/3 .. — Thames Theatre — .. 17/8 Tonson Garllck — .. 14/9 fnion Oil - .. 1/12/8 •Wilsons Cement 1/8/0 .. 1/7/10 Breweries, Ltd 1/0/9 .. l/b/ti MIXING STOCKS— Moanatalarl 2/0 .. 2/3 New Walotabi 0/8 .. 0/6 Waibl 1/5/9 .. 1/4/9 Waihi Grand Junction 7/0 .. 6/6 DEBF.NTTJRES AND BONDS— Anck. Gas, 1932, 5 p.c. — .. f>2/10/0 Aurk. H.B., 4 p.c... 88/0/0 .. — Auck. H.B., 5 p.c 96/0/0 .. — Anck. IH.B., 6 p.c 107/0/0 .. — City Auck., H p.c... 90/0/0 .. — City Auck., *i p.c 02/W'fl .. — Devonport Loan 108/10A) .. — N.z. war. lean, a o.c. — .. se/o/o N.Z. War, 1938, U p.c. — .. OT/m/o N.Z. War, 1939, 4* p.c. — .. 96/10/0 N.Z. War, 1941, 4J p.c. — ■ .. 05 l'./0 N.Z. War. 1927. 5 p.c. 88/15/0 .. HP R " Sol. Bonds, 1833. 5i p.c. — ■ . .101/15/0 N.Z. Ine., 1927,5 p.c. — .. 98/0/0 N.Z. Ins., 1938, 4* p.c. 97/0/0 ..96/10/0 N.Z. Ine., 1930, 4J p.c. — ..!>6<10,(! N.Z. Ins., 1»27-41, 5i p.c. — .. !l7/ir>/0 Sol. Ins.. Ifl33. 5} p.c. — . .101/15 0 Gisborne Sneep — . .lOi/10/o Macky, Logan — ■ ..lnilii/o Bycrof fs. Ltd — .. 98/0/0 N.Z. Farmers (Cant.) 98/0/0 .. — Karmets , Trnding ... — .. PB/o/o Mt. Eden Loan — .. 104/0/0