THE WEEK REVIEWED.

Auckland Star, Volume LVI, Issue 162, 11 July 1925, Page 6

THE WEEK REVIEWED.

I — FAIR BUSINESS DONE. WAR LOANS BETTER. More disposition was afeown tliis week by investors to put money into New Zealand War Loans, slightly better prices being: offered ror some lines. Soldiers' 54. per cent Loan changed hands at £101 10/, and the 5| per cent inscribed stock, 1927-41, at £08 10/. The 4* per cent loan, 1030, sold at £07 5/, and the 41 per cent, 1038, both bond and inscribed stock, at £07. The 5 per cent loan, 1027, were inquired for at £98 2/6. Sales took place of Auckland Power Board debentures at £06 10/, and Milne and Choycc debentures could be got Tor £07. The Auckland Harbour Board 6 per cent debentures continue to be wanted at £102, but the sellers hold lor an extra 30/. Banking- Corporation stocks are still in fair demand. Bank of New South Wales shares sold at £4 1 10/ during the week. Several transactions took place in Bank of New Zealand shares at 57/, and Union Bank of Australia are now wanted at £14 17/6. Buyers came in Tor Commercial Bank ordinary issue at 30/, but no sales resulted. Mew Zealand Insurance shares firmed this week as soon as the announcement was published of the directors' recommendations or a iOfl dividend, also the proposal to transfer £150,000 rrom the reserve fund to the capital account and increase the latter to £1,050,000. Sales or this line took place up to 34/6. South British Insurance eased slightly, being sold at 40/6, at which rate more were wanted. National Insurance could be placed at 77/6, and Standards are in request at 44/6. More attention was paid to shares in timber companies this week. Nationals sold at 22/3, Bartholomew at 21/0, and Kauri at 33/3, 33/6 and 33/3. L.0.8. Timber shares firmed a little, buyers now offering 55/6, but as usual no selling rate was quoted. Auckland Gas shares Improved a little, ordinary issue sold rrom 23/3 "to 23/6. and the contributing: at 6/5 ana C/ 0. Northern S learn Company's shares had further sales at 15/3, but Huddart-Parker Steam eased a little, sales being recorded at 45/ and 44/0. Dominion Rubber shares improved a little, being now wanted at 35/6, after transactions at 35/ earlier in the week, Goldsbroug-h Mort, Ltd., shares had sales at 45/6, and yesterday buyers offered 40/3. Business continues to be done in New Zealand Breweries at 4 1/, and quite a lot of transactions took place in the debenture stocks at 21/11 and 22/. Dalgety, Ltd., had ■sales at £14 15/, and buyers still offer 2/6 under that llgure. Wilson's Cement advanced a little this week, the latest sale being at 33/6, a rise of threepence. New Zealand Farmers' Fertilizer shares sold and are still wanted at 90/, and Kaiapoi Woollen, after selling- at 12/9, are not now aslAd ror. Buyers, however, still, offer £6 1/ ror both issues of Wellington Woollen. Union Oil and Candle. Company's shares maintained last week's advance, being still wanted at 36/, with no quoted sellers. Sales took place of Bycroft, Ltd., at 20/0, arter which buyers offered 26/. Gear- Moat, Ltd., were offered at the .third call yesterday at 4 3/6, but no buyer quoted. Taranaki Oil shares are offered at 2-2/, but to-day buyers would not quote above 20/9. Mining shares showed comparatively no change from the position a week ago, Kawarau shares are wanted at 14/6, with no sellers quoting:. Wailii shares changed hands at 26/3 yesterday arternoon. BUSINESS DONE.

BANKS— Sellers. Buyers. Commercial 1/11/0 .. 1/10/0 National U/14/6 .. — " New South Wales .. 41/10/0 .. — New Zealand 2/17/0 .. 2/10/6 Union of Australia .. — .. 14/17/6 INSURANCE— National 3/19/6 •• 3/18/0 New Zealand 1/13/3 .. 1/14/6 South British 2/10/6 .. 2/9/8 Standard — .. 2/4/9 FINANCIAL— Goldsbrough-Mort. .. — .. ' 2/6/0 N.Z. and River Plate 1/2/0 .. 1/1/0 Loan and Mercantile 04/0/0 .. — Wright, Stephenson,.pref.) 10/0 .. — COAL— Pukemiro 2/7/0- .. 2/0/0 Taupiri ; 18/6 .. 17/9 ■ Taupiri (pref.)- 1/4/(1 .. — Waipa 1/3/0 .. 1/1/9 West port — .. _1/10/6 GAS— Auckland (old! 1/11/7 .. 1/3/5 Auckland (new) — .. 6/5 Gisborne 13/0 .. — SHIPPING— Devonport Ferrv 1/•">/- .. 1/4/9 Howard Smith, Ltd. 1/15/6 •■ l/14/O HutUlart, Parker (ord.) 2/5/0 .. 2/4/0 Northern Steimi (p.u.) _L"V- .. 15/1 Union Steam (pref.)... — .. 10/10 TIMBER— Kauri Timber l'12/0 .. 1/12/0 L.O'B — .. 2/15/6 National 1/2/6 .. 1/2/0 Rotoiti (ex div.) 1/4/3 .. —■ WOOLLEN— Mosslel 6/1/0 .. — Wellington — .. 6/1/6 Wellington (pref.) .... — .. 6/1/6 MISCELLANEOUS— "Abraham, AVilliams.. — .. 4/2/6 British Tobacco — .. 2/3/0 Burns, Pbilp and Co. — .. l/lo/o .Bycroft, Ltd 1/7/0 .. 1/6/0 Dental Supplies 18/9 .. — Dominion Pictures .. 1/0/0 .. — Dominion Rubber — .. 1/17/0 Electrolytic Zinc (def.) 1/0/6 .. 1/8/9 Electrolytic .Zinc (pref.) 1/10/6 .. 1/10/0 Fanners' Auc 3/18/0 ... — Farmers' Auc. (A pref.) — .. 17/9 Farmers' Auc. (B pref.) 17/6 .. 16/9 Gear Ment. Ltd 2/3/6 .. — Grey and Menzies ... — .. 9/6 Kemp., Prosser (cont.) 1/4/6 .. 1/3/3 L. R. Eady (7 p.c. B pref) 1/3/0 .. — Milne, Choyce, Ltd... — .. 1/4/0 Milne. Choyce (pref.) — .. 1/4/0 Milne, Choyce (B pref.) — .. 1/4/0 Milne. Choyce (deb.) 1/3/C .. 1/3/0 National Pictures ... 13/G ... — Newton King, Ltd — ... 9/6 Newton King (nref.) 18/0 .. — N.Z. Breweries 2/1/6 .. 2/0/0 Farmers' Fertiliser.. 4/13/6 .. 4/10/0 N.Z. Milk Products .. — .. 1/9/3 N.Z. Paper Mills 1/1/0 .. 19/6 N.Z. Refrig. (cont.) .. 9/4 .. .9/0 N.A. Farmers 8/0 ... N.A. Farmers' (A pref.) 1/0/0 .. ' — N.A. Farmers'(B pref.) '9/6 .. — Phillipps and Impey — .. 1/10/0 Sanford, Ltd .1/1/0 .. — Sanford, Ltd. (pref.). 1/1/0 .. — S.R.Maxwell 12/6 .. — Takapuna Trams 16/0 .. Thames Theatre .... — .. 14/0 Tonson Garlick 14/6 .. 12/6 Union Oil . — ... 1/16/0 Wilsons Cement .... 1/13/6 .. 1/13/3 Taranaki Oil 1/2/0 .. 1/0/O MINING— Hauraki Reefs O'O .. Buller' G.M. Co 1/O/0 .. —.. Komata Reefs 0/3 .. ' — Kawarau . — .. 14/C Kuramii 1/0 .. o/3 Majestic , 1/6 .. 0/3 Moanataiari 2/1 .. 1/10 Muir's Reef ...... 1/2/0 _. — New Waiotahi (cont.) 0/6 .. 0/3* Nonpareil 1/0 .. 0/3" Nonpareil (cont.) 0/4 .. Ohinemuri Mines 3/6 .. 2/6 Waihi 1/ti/O .. 1/5/0 Waihi Grand Junction 1/2 .. o/7 Zeehan Consolidated.. 5/0 .. DEBENTURES— Auckland H.B., 6 p.c. 103/10/0 ..102/0/0 Auck. Power Board.. — .. 90/0/0 N.Z. Breweries 1/2/0 .. 1/1/11 WAR LOANS— Loan, 1930, 4* p.c. ... — ... 97/0/0 Loan, 193S, 4_ p.c. ... — .. 90/15/0 Loan, 1939, 4* p.c. ... — .. 96/15/0 Loan, 1927. 5 p.c. ... — .. 98/5/0 Soldiers, 1033, oip.c. 101/5/0 .. 101/0/0 INSCRIBED STOCK— Loan, 1927, 5 p.c — .. 9S/0/0 Loan, 1938, 4J.p.c. ... — .. 96/15/0 Loan, 1939, 4J p.c. .... — .. 96 '15/0 •' Loan, 1927-41, oj p.c. — _ .. 98/5/0 Soldiers, 1933, oi p.c. 101/10/0 .. 101/0/0