TRADE AND FINANCE.

Auckland Star, Volume LVI, Issue 65, 18 March 1925, Page 6

TRADE AND FINANCE.

AUCKLAND SHAREMARKET.

SOUTHERN EXCHANGES. CHRISTCHURCH, this day. Sale Reported: N.Z. Breweries (bonds), 21/0. THE LONDON MARKETS. FOREIGN EXCHANGES. LONDON, Marcli IC. The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on Marcli 12, and par:— March 1C March 12. Par. New York (dol.) . 4.78} 4.78' 4.86G Montreal (d 01.).. 4.701 4.75J 4.SOG Paris (i'r.) 03 93.30 25.225 Brussels (fr.) . . 04.G5 04.05 25.225 Home (lire) 1171 117! 23.225 Berlin (r.m.) ... '20.1?, 20.0G 20.43 Stockholm (kr.) . 17.70 17.72 15.150 Oslo (kr.) 31.00 31.17 1S.15!) Copenluipen (kr.) 20.47 2G.53 15.150 Calcutta (pencil) 17 15-1G 17 15-1G 24 Hongkong (ponce) 27 1 27« ■ Yokohama (pence) 20 1.1-10 20 9-16 24i Amsterdam .... 11.-tili 11.DO Butuvia IU.OI V 2 THE METAL MARKET. (Quotations on March 12 in parentheses.) Copper.—Spot, £03 li/3 (£O3 S/0) ; three months, £04 8/1) (£O4 11/3). Lead.—Spot, £37 10/ (£3O 18/0) ; three months, £30 10/ (£35 17/0). Spelter.—Spot, £35 15/ (£33 13/) ; three months, £35 2/0 (£B4 18/!)). Tin.—Spot, £245 17/0 (£240 2/0) ; three months. £240 7/0 (£248 12/0). Silver.—Standard, 31 G-10d (31 13-lGd) : fine. 34id (34id) per oz. RATABLE VALUATIONS. The increases in ratable values for counties only during the five years 101S to 1023 v»-as much greater in the North Island than in the Soutli. The total increase in the North Island was £4."..'!."f).ofif>, ncainst £22,080,075 in the South Island. The increase was therefore £23.200.025 nioi-p in the North than in the South Island. This works out nt an increase of £2 per acre in tho North Island, as compared with 12/1 in the South. In five years the valuation of Tnranaki has increased £3 S/ per acre. SOUTH ISLAND. The figures for the respective areas are ns follow:—Nelson, Marlborough and WestKind area, 11.059,200 acres, total increase £3.50C,65(i, or 0/C per acre, being £154 per head of assessment: Canterbury, 0,845,760 acres, increase £11,307,G45, or 23/ per acre and £324 per head; Otago, 6,839.520 acres, increase £4,01G.215. or 12/ per acre and £311 per head: Southland, n.528,320 acres. Increase £2,238,326. or (i/1 per acre and £581 per head: total for South Island, 37.202,800 acres, increase £22,050,075, 01* 12/1 per acre and £351 per head. NORTH ISLAND. Auckland, 14,355,400 acres, total increase £21,403,207, or 21)/ per acre and i3OO per head: Hawke's Bay, 3,104,880 acres, increase £8,028,870, or 10/ per acre and £255 per head: Taranaki. 1,007,300 acres, Increase £0.080,770, or £3 8/ per acre and £534 per head: Wellington, 6,475.520 acres, increase £14.235,045, of £2 4/ per acre and £52S per head: totals, 25,!)0G,0G0 acres, increase £45.350,000, or £2 per acre and £400 per head. MINE MANAGERS' REPORTS. New Waiotahi. —The mine manager reports that stoping on the reef at the Intermediate drive has been in progress during the past wei-k, and about 311) of picked stone was selected. The drive ? rosß r eof nt tho mnin lev «l has -ports that winze on theTwafe, t '» nl "j'"Ml Kinking lias Kone down s™™ i *-'»<nbrlu roof. it Inst report. The ree? u"\\ i ß l x lnc,,PK Bln< ' ( -' ever. A nico B ll» "j* bettor than Bbowing in the lower 11 c "niimony i H A fllMy carrying flrm mineral^ 11 "'''' iS ,ll!i0

BUSINESS DONE. AT THE 10 A.M. CALL TO-DAY— Batik of New Zealand £2/12/9 N.Z. Breweries (deb.) £1/2/0 AT THE NOO.V CALL TO-DAY— Bank of N.Z (£2/12/0), £2/12/0 Bank of N.Z. (rights) (£1/11/:.') Kaiapoi Woollen 13/ Auckland (las £1/4/3 Wilsons Cerueut £1/12/0 ictANKS — Sellers. Buyers. Coiuinereial 1 /9 0 .■ — Commercial (prof.) .. 0/17/0 .. C/10/0 National li-'13/0 .. — New South "Wales 4U/U/0 .. — New Zealand 2/13/0 .. 2/12/6 Now Zealand (Rights) 1/11/3 •• 1/11/0 Union of Australia.. 1-1/-'/O .. 13/19/0 INSURANCE— National 3/13/0 .. — Now Zealand J/11/3 ..1/10/10 South British 2. f> 3 .. — Standard — •• 2/1/0 FINANCIAL— „„,,„ Goldsbrougu Mort. .. 2/P/fl .. 2/6/6 Loan and Mercantile fin, 10/0 .. 04/0/0 Loan and Merc, (prof.) — ■• 77/0/0 Wright, Stepheuson (prof) 17/3 .. — COAL— 1'ukeimro 2/14/0 .. — Tnnpiri is: , . •• l'/l° Taupiri (pref.) 1'4, G .. 1/4/0 Waipa — •■ 1/2/0 Wcstport — ■• 1/11,0 GAS— , , ,, Auckland (old) 1/4-6 .. 1/4/1 Auckland (new) .... 8/7 •■ °/0 Glsborne 13/0 .. — SHIPPING— Huddart Parker (ord.) 2/5/0 .. 2/4/0 Northern Steam (p.u.) H'>0 .. 15/6 Northern Steam (cont.) 7,0 .. 6/6 Union Steam (pref.;.. 1/0/6 .. 19/10 TIMBER— Bartholomew 1/3/6 •• — Kauri Timber — • • 1/13/3 L.O'B — .. 2/12/0 National 1/3/10 .. 1/3/8 I'arker, Lamb — .. 1/7/0 WOOLLEN— Mosgicl 0/7/6 .. — MISCELLANEOUS— Abraham Williams.. 4/4/0 .. 4/0/0 Abraham, Wil. (pref.) 4 17/0 .. — British Tobacco .... 2-/3/0 .. — Bycroft, Ltd — .. 1/3/0 Dental Supplies 1/0/0 .. — Dominion Pictures... 1/1/0 .. IS/6 Donaghy's Rope 1/13/0 .. — Farmers' Auc — •■ 3/1-/0 Farmers' Auc. (A pref> — .. l~/6 Farmers' Auc. (B pref) 17/G .. Hi/0 Grey and Menzies... — .. 'J/0 Kemp. Frosser Drug 3/7/C . . ■— L. R. Eady, Ltd — • • V3/0 Milue, Choyce, Ltd... — .. 1/3/0 Milne. Choyce (pref.) — •• l/3/o Milne; Choyce (3 pref.) — .. 1/3/0 Milne. Choyce (deb.) — .. 1/2/0 Newton King (pref.) 18/6 .. — N.Z. Breweries 2/0/0 .. 1/17/0 Farmers' Fertiliser.. 4/13/6 .. 4/12/rt N.Z. Kefrig. (eont.) 10/n .. 0/0 N.A. Farmers 8/0 .. — N.A. Farmers' (A pref.) 1/0/0 .. — N.A. Farmers'(B pref.) 15/0 .. — Fhilllpps and Irupey — •• ''1/10/0 Sanford, Ltd 1/0/0 .. — Sanford, Ltd. (pref.) l/l/o .. — S. R. Maxwell 10.0 .. — Takapuna Trams .. 17/0 .. — Thames Theatre 10/0 .. 14/0 Tonson Garlick 10/ti .. 13/6 Union Oil — -• 1/14/6 Wilsons Cement 1/12/0 .. 1/12/0 Taranaki Oil 1/13/0 .. 1/10/6 MINING— Kawarau 1/5/0 .. 1/2/6, Knranui — ■• (, /10 Moanaraiari 2,0 .. 1/4 New Waiotahi — .. 0/4 Wnihi Grand Junetion 1/0 .. 1/0 Zeelian Consolidated.. 7/0 .. — VoRel's Vision 10/0 .. 6/9 Mount Lyell — - - 1/1/0 DEBENTURES— Auek. (ias. 1928, 6i p.c. . — .. 101/0/0 Auckland H.B., 4 p.c. S3/0/0 .. — Anrklanrt H.H., 5J p.c. 06/0/0 .. — Auckland H.B.. 6 p.e. — . .102/0/0 City Alirk.. 1940, o} p.c. — .. 95/0/0 Devonport Water, 5i — .. 0P../0/0 Devonport Loan 102/10/0 .. — N.Z. Breweries 1/2/0 .. 1/1/10 Tower Board 98/0/0 .. — |WAR LOANS— Loan, 1038, 4h p.p. .. 90/1.-/0 .. W/.,/0 Loan, 1930, 4h p.e. . . 96/13/0 . . 96/5/0 Loan, 3941, 4J p.c. .. — .. 90/0/0 I»an, 1927. r> p.c. ... DS/.VO .. 07/3/0 Soldiers - 1UX\, r,J p.c. 100/15/0 . . 100/0/0 INSCRIBED STOCK— Loan, 1927, 5 p.c. .. — .. 97/5/0 Loan, 1929, 5 p.c. ... — .. 07/0 0 Loan, 193S, 4J p.c. . . 06/10/0 . . OT,/fi/O Loan, 1939, 4J p.c. .. — . . 96/0/0 Loan, 1927-41, fii p.c. OS/0/0 .. 97/0/0 Soldiers' 1933, 5J p.c. — .. 100/7/C