TRADE AND FINANCE.

Auckland Star, Volume LV, Issue 222, 18 September 1924, Page 6

TRADE AND FINANCE.

AUCKLAND SHAREMARKET.

BUSINESS DONE. AT THE 3.13 P.M. CALL YESTERDAY — Commercial Bank (£l/10/0) Sonth British Insurance (£2/3/0) ■ Northern Steam (cont.i 8/0 . AVar Loan, 4* p.c, 103S £37/10/0 ' AT THE 10 A.M. CALL TO-DAY— New WaiotaM 0d Zeehan Consolidated 7/0 Northern. Steam tcont.) AT THE NOON CALL, TO-DAT.— National Insurance (£3A6/0)

MARKET CHANGES. E."*k of Sew Zealand—Buyers £2/18/0,, up K.. u "i Timber—Buyers £1/11/0, up 6d. Grey and Menzies—Buyers 14/, up 6d. New Waiotabi—Sales 9d, down 3d. ON 'CHANGE. . Generally speaking values of stocks are Well maintained on 'Change, but less business is being done, and it would seem probable that business will be dull until after tbe 4th of next month. South British InBurance firmed a little, sales being made up to 43/. National Insurance could still be placed at 7."./, and N.Z. Insurance changed bands at 29/ G. . Bonk of New Zealand shares eased a little. Bales taking place at 56/9, after which an extra threepence was ottered. Buyers came in for Golflsbrougb, Mort shares, 44/9 being offered for ordinary and sixpence less for the new. issue; but no sellers quoted. National Mortgage' shares were placed this week at 73/0, and buyere still offer 74/. Inquiries were made this* week for P. and O. Deferred stock at £200, but sellers asked an extra £10. Sales were made of Northern Steam, contributing issue, at 8/. At the thirdpull yesterday sales were reported of Commercial Bank snares at 30/, with further buyers at the same. rate.A Buyers' .also ■ame in for National Bank of Australia at Q5 4/, bat no seller quoted. ' Timber Company shares are still In good demand, but few sales are recorded, as sellers seem scarce. Kauri Timber shares firmed to buyers at "31/ yesterday afternoon, but no business resulted. An advance took place in the buying quotation foe . Grey and Menzie'e shares this, week, 13/6 being offered. Kempthorne, Prosscr Drug shares changed hands at 68/G, and buyers of Farmers' Fertiliser shares advanced their offers to 79/. An advance also took place in the buying "quotations for Phillips and lmpey, Ltd;, but 30/ did not tempt holders. Wathi shares had sales at 28/3. and a number of transactions took place in New Waiotahl share* at from 7Jd to 1/1, after which the price eased, buyers dropping back to 91d. Transactions took place in Government War Loans, bond and inscribed 4} per cent, at 4,87 10/, and. buyers offered £101 for Soldier* <Loan,' both issues. Several transactions took place in Harbour Board b percent debentures at £103. Inquiries made yesterday afternoon for Gisborne Sheep Farmer debentures at £101 10/. L'-;SDON WHEAT MARKET. •• . ' _ .-. "•' . I tOSDOS, September Iβ. "WTieat.—Cargoes closed quiet, owing to disappointing Continental support and an increased estimate of, tbe Canadian crop. ■Parcels saw a decline of 3d. ■Parcels by the sold at 59A Deeember-JanuirV shipments at 58/3, and January-February shipments at 57/9.—(A. and XJS. Cable.) COFFEE SUPPLIES SMALLER. lh^lJf» 0 . r1,? ' c . tota i Tl <sible supply of Ai, of coffeo on June 1 was 1 *» Wast 5,442,000 bpis '+Sm*££?£~'** c °°>P«red with 8,839.000 ■swweM7 i nf re! F o " dI,I S date ia 1!)22. tte-rSeSp,*. *«»verles continue to exceed »»rf«*s3B&-aSr, tne eleTen months' totill«i agjftinlm ll tne wor 'a's deliveries totalis l»Sl5ooO *taiS While tie recel P t!

BANKS — Sellers. Bnyers. Australasia 13/1S/0 .. U/ll'il Commercial _ — — 1/10/0 Commercial (cont.) .. 1/3/6 .. — National 6/15/0 .. 6/12/6 National of Australia — .. 13/4/° New South Wales .. 41/10/0 .. 40/10/U New Zealand — -. 2/18/0 Vnlon of Australia .. 14/17/0 .. — INSURANCE— National 3/1T/0 .. 3/lo/3 New Zealand 1/0/tS .. 1/0/4 South British 2/3/6 .. 2/2/9 FINANCIAI Goldsbrough, Mort .- — -. 2/5/0 Golds., Mort (new) .. 2/4/0 .. 2/4/3 National Mortgage .. 3/17/0 .. 3/14/0 2C.Z. and Biver Plate 1/0/C .. 19/6 Loan and Mercantile. — .. 89/0/0 Loan and Merc, (pref.) — .. 70/0/0 Wright, Stephenson (pref) 18/0 .. — COAL Hlkurangi (ord.) 10/0 .. 6/0 Hikuraugi (pref.).... ll'O .. — . Hibnrangi (conto .... V0 •• — _ Taupiri IS/3 .. lJ/4 Taupiri (pref.) 1/5/0 .. 1/4/p •Waipa - 1/0/U .. ltt/0 A , AC ' Auckland (old) ...... 1/5/0 .. 1/4/6 Auckland (uew)..'.-... 6/3 •• e / u SHIPPING-" Devonport Ferry .... 1/6/3 .. 1/5/C Huddart, Parker (ord.) 2/3/0 .. 2/4/3 Northern Steam (p.u.) 17/3 .. 16/8 Northern Steam (cont.) 8/1 .. 7/10 T and O. Deferred... 300/0/0 .. 290/0/0 Union Steam (pref-).. 1/0/U — TTVrRFH Bartholomew «■ 1/4/0 1/2/0 Kauri Timber 1/11/3 ~ iAl/O LO'B i....... — .. -/4/o National 1/4/G .. 1/3/3 l'arker, Lamb 1/10/0 « 1/5/0 BotoiU ....—--..- 1/5/0 .. — .WOOLLEN— Kalapoi (ord.) -» 13/10 ... W3 ■Wellington .... 7/1/0 .. — MISCELLANEOUS— Abraham, Williams ' (pref.) - 4/15/0 .* — British Tobacco 2/3/0 -• — Burns, Philp and Co. 1/15/0 .. —• Bycroft, Ltd. — -« -1/3/9 Colonial Sugar — 44/15/0 .. — Dental Supplies 1/0/0 .. — ~ Dominion Pictures... — .. : , 18 /°, Farmers' Auc 3/5/0 .. 2/is/o Gear Meat, Ltd. .... — •• 2/2/0 Grey and Menxiea ... — -- 14/0, Hill and Plummer .. 1/3/0 .. — ; Innes and Co. (pref.) 1/2/tt .. r— _ Theatre Arcade (ord.) — •• Vo/0 Kempthome, Prosser — .. 3/8/6 ' Mllhe. Choyce (B pref.) — .. J/fA ' Milnej Choyce. (ortt.) — .. }/4/J' ' Milne, Choyce (deb.).. , 1/3/3 .. 1/2/3 National Pictures 16/0 .. ■ lo/S Newton Kins (pref.) 18/6 .. N.Z. Breweries .1/8/0... — N.Z. Express — - 1 </0 N.Z. Home Builders.. — .. 15/0 NZ. Mnk Products.. 1/8/0 .. 1/6/0 N.Z.-Paper Mills ..... 1/3/3 •. — . 3SJS. Befrig. (cont.)-„ ■ »/5, .. ■ 9/0 Parenga Oil — - ••1/0 Philllpps and Impey — .. 1/10/0 SnarlandandCo. 1/2/0 .. 1A/0 Takapuna Trams.... 1A/0 .. ■■—•■„. Thames Theatre .... 1/0/0 .. 17/0 Tonsdn GarUck ..... — .. 12/6 . Union Oil — .. 1/U/O Sanfortl, Ltd .l'/o/o .♦. — Sanford. Ltd. Opref.). 1/1/6 .. — Wilsons Cement ..... 1/0/6 -. 1/9/2 Farmers' FertiUser .. — .. 3/19/0 MINING STOCKS— » Moanataiarl ! 2/n .. 1/10 ■■ New Walotani . 1/5 .. •—. _ ■ New Waiotahi (cont.) • 0/10 .. 0/iJ Waihi Grand Junction 2/0 .-, , 2/3 .Zeeban Consolidated.. 8/0 ... —, DKBENTUKES-^-Auct. Gas, 1932, 5 p.c. 91/0/ff Si "'^ Auck. 1928, 6J p.c. — .; 103/0/0 ! Auct. H.B., 51 p.c. ., 06/10/0 i. — . Auck.:H.B., 6 p.c... 104/10/0 ii. — , City Auck., 4} p.c:' ... 81/0/0 .. 89/0/0 "City Auck., 1940; qi p.c2.'— .. 95/lo/0 City Auck., 1938, 5i p.c." : — .;<►.. 95A5/0 Devonport Loan..... 102/d/0 ». ... — ' Bycrofts, Ltd........ 100/0/0 .. — N.Z. Farmers (Cant.) 81/0/0 .. — N.Z. Breweries . . 1/2/0 .. 1/1/10 Milne and Choyce.... 100/0/0 .. — Glaxo :.W V. , . 87/0/0 .."•. — WAH ■--■:. " . * ' Loan," W30, 4i p.c... 88/0/0 .. 97/0/0 Loan, 1938, 41 p.c... 98/0/0 .. 97/10/0 Loan,-1939, 4i p.c... 98/0/0 ■...97A<W Loan, 1941, 41 p.c... 98/0/0 ..96/15/0 Loan, 1027, 5 p.c.... — . - 97/10/0 .Sol. Bonds, 1933,5} 102/0/0 ..101/0/0 ISSCRIBED STOCK— Loan, 1927, 5 p.c... — .. 97/15/0 - . Loan, 1928,\5 p.c... — . c . 97/15/0 Loan, 1938 4* p.c 97/17/6 .. 97/10/0 Loan,' 1927-41, 51 p.c — .. 98/5/0 Soldiers', 1933, 5} p.c. 101/10/0 .. 101/0/0