AUCKLAND STOCK EXCHANGE.

Auckland Star, Volume LVI, Issue 185, 7 August 1925, Page 4

AUCKLAND STOCK EXCHANGE.

INVESTMENT STOCKS AND SHARES. COMPARISONS OF RECENT TRANSACTIONS. j (TO AUGUST 6.) ;

a Based on redemption ifl W33. b Baeed on redemption in 1827.

OVERSEAS MARKETS.

THE TIS MARKET. LONDO.N, August 5. Tin stocks total lfl.S" tons; spot, 693 tons; afloat, 735 tons; deliveries, 2146 tons. — (A. and K.Z. Cables.) CHICAGO WHEAT. (Received 9 a.m.) KEW YORK, August 6. Chicago Wheat.—September, f1.60; December, $4.GOi; May, *1.64 i (A. and -N.Z. Cable.) DAIRY PRODUCE. Messrs. ivorden and Co. have received a cable from Messrs. Andrew Clement and Sons, Ltd., dated London, August 6, as follows:— Butler.—New Zealand salted, 196/: unsalied, l»8/. Market flrm. Cheese.—Jy'ew Zealand white, 110/; coloured, loy/. MaiKet. quiet. N.S.W. PRODUCE. Wheat, 6/41 to 6/5; barley, English 5/3 to 5/D. Cape 4/ to 4/3; oats, 2/5 to 2/8; potatoes, £11 to £12; onions, £18 to £19. Hides are slig-htly irregular. Lights and laps are unaltered. Heavies and sheeties are Jd lower.

COMMERCIAL BANK OF AUSTRALIA.

The Commercial Bank of Australia has issued a very satisfactory balance-sheet ror the year ended June 30, 1925. The net profit amounts to £305,530, which shows an increase or £30,535, as compared with the previous year. The sum . broug-bt forward Is £04,953, makingavailable £370,489. Out or this £101,1i'4 ; has been transferred to the reserve fund, £10,000 has been written off bank premises, £5000 is added to the officers' guarantee and provident rund, the divi- : dend at the rate of 4 per cent per annum jon preference shares absorbs £64,694, and i 15 per cent on the ordinary shares absorbs £87,107, leaving- £82,570 to be carried forward. In addition to the £101,124 transferred to the reserve fiina out of proilts, £233,876, being premium received lon the new issue of shares, has been ] credited to that account, thus Increasing I the reserve fund to £685,000. Last year ; the capital of the batik was increased from : £2,626,929 to £2,860,605 by the issue or I 457,394 ordinary shares of 10/ each at i a premium of 10/ each.

FBtnrr by rail.

At last meeting or the Canterbury Fruitgrowers' Association a letter was received from the A.Z. Fruitgrowers' Association pointing out that though the rate on New I Zealand fruit was unaltered, it was only so in respect of consignments under 2241b; above that quantity rate and a-half would bd charged. The rate per ton per 100 miles would De 2 3/3; ana on the basis of 44 cases to the ton tftis meant Just under Oα per cese. It was intended to make representation? en the matter. Friiit was carried at a lower rate than other primary products: Ver 100 mile per ton: Butter and cheese, 37/1; meat, €!/; and rrult, 23/3. "With respect to rruit cases in sbooks, the letter stated that representations had bepn made to the railway authorities, but there was very little prospect of any alteration being made.

I "WARD AND CO., LIMITED.

The balance- sEpM; of Ward and Co., Limited, brewers, of Christehurch, ror one year ended June 30, 1925, shows a credit balance of £13.563, as compered with £13,389 in the previous year. The flivu" dend for the at the rate of 10 per cent naif of which was paid as an Interim dividend, and the bonus or 2* per cent tog-ether absorb £12,500, leaving £1064 to be carried forward. Although there is no announcement or any addition to the reserve fund, that fund, at £216,153, Is £15,601 larger than in the previous year, and the mortgage depreciation reserve, at £7000, is £2000 larger. Cash in bank at £20,336 is greater by £11j529.

MORTGAGES,

For the twelve months ending , June, 1925, 44353 mortgages, representing £42,188.458; were registered, and 34,453, representing- £32,616,144, were discharged. The figures ror tne previous 12 months were: Registered 41,140 (£40,092,062), discharged 29,482 (£24,-405;643).

MARKET CHANGES.

Bank of 3Cew Zealand—Bnyers £2/16/3; up 3d. Huddart-Parker Steam—Buyers £2/5/3, tip 3d. Farmers' Fertiliser —Buyers. ilAl/G, up , Gα.

SOUTHERN EXCHAWGES.

(fey Telegraph.—Press ASsoeiatiun.) this daj\ Reported sales: Inscribed Stock • £97; 6 p.p. InstrlTSea J?topfe v 10SL £102. On •Change: Bank of New Zealand, fiaC/3 (tUree lots). > . - DUNEDIX. thi* day. Sales on Xliange: X.Z. Drngfe. £3/16/ Ci: St. Battans. 14/6 prem. (three purrelßT. Reported sales: Cbmnierciial Bunk, l'll/jjBank of Xew Zealand, '

Companies. Market Price. Dividend. Sellers. Sales 12 months I ago. Bate per cent of annual air. or amount per share. trhen floe. Beturn . upoe J Invest- I ment at latest j rates. I Bayers. BANKS— ! Australasia I Commercial National National A'sia New South Wales New Zealand Union of Australia £ b. d., 14 VI 0 C 14 O 43 7 6 2 3G «; 14 13 0' £ B. d. 1 11 f, O 12 « 30 17 6 41 4 0 2 30 3 14 11 0 £ b. d. 13 ir. e 1 30 fi 6 11 0 3o 5 0 41 13 0 2 3(i S 14 17 0 13 35 34 10 30 181 15 Apr.-Oet. Ang.-Feb. Jan.-July May--NoT. Quarterly Dec-June Jtn.-July f .^ 4 9 <l 4 14 6 5 4 10 D 17 7 j 4 17 0 4 34 S ; h 2. 0 ■ INSURANCE— National New Zealand South British 3 10 0 3 15 0 2 31 0 3 12 6 3 34 0 2 10 G 3 34 0 3 9 0 3/3 1/7 2/-May-NoT. Feb.-Aug. Apr. Oct. 4 35 30 4 30 5 3 19 0 FINANCIAL— DaJgety and Co I Wright, Stephenson .. GoldebroniOi Mort ... Wright. Stephenson (pf) N.Z. and Eirer Plate., loan and Mercantile.. 2 7 0 34 35 0 10 0 0 1C 6 110 91 0 O 13 10 0 2 8 0 O 18 3 10 0 88 0 O 37 15 6 May-Nor. Oct.-May Dec-June Oct.-May July-Jan. JnncDec. 3 15 3 4 16 4 6 13 13 6 13 4 6 10 2 C 9 0 1 3 9 94 0 O COAL— Pukemiro Taupiri Taupiri (pref.) .. Walpa Westport 2 R 0 0 18 0 2 10 3 3 0 12 0 1 12 6 0 IS 3 14 0 0 19 6 1 17 6 25 30 10 Mar.-Sep. May May March May-Kov. 11 9 2 5 8 6 6 17 0 9 1 ft 6 3 0 GAS— . Auckland (old) Birkenhead 3 2 9 0 18 0 12 6 15 3 s Ti Jnly-Peb. Dec. i 2 3 S 6 8 SHIPPING— Devonport F«rry Howard Enfftli. Ltd. .. Huddart, Parker (ord.) Northern Steam (p.u.) Northern Steam (cont) Union Steam (pref.).. 15 9 0 1C e 0 8 0 1 5 3 1 14 I» C 5 0 0 15 6 0 7 4 0 19 8 1 S f. 3 14 9 2 4 t> 0 3G 4 (I 7 !» 10 0 1? S Si Dec-July Sep.-Mar. Sep.-Mar. Nov.-May NoT.-May May-Dec. 5 IS 9 € 37 1 r> 33 3 7 7 3 7 11 0 5 11 5 TIMBER— Bartholomew Kauri L.OB National 12 3 113 1 33 3 2 Iβ O 119 1 ?. f. 1 8 10 2 3 0 1 4 C s 8 Oct. June-Dee. Apr.-NoT. May 7 7 1 6 0 5 4 10 0 7 5 5 lie Ml SCELLANEOTJS— Abraham Wil., Ltd. .. Burns, Philp and Co.. British Tobacco Bjxrof t Colonial Sugar Parmere' Fertiliser Dominion Bubber Kemp.. Proeeer Dominion Pictures ... Milne, Cboyce (BhareB) H.M. Arcade (pref.)... N.Z. Breweries (shares) N.Z. Kef rig. (cont.) .. fctanford, Ltd Sanford (pref.) Union Oil Wilsons Cement 4 5 0 2 4 0 D2 IS C 4 34 (I it — G 10 0 1 1C 0 2 3 6 1 G C 52 30 0 4 11 0 2 4 0 3 5 3 0 IS « 3 4 0 O 3fl f> 3 IS G 0 8 9 0 39 6 0 39 r> 3 IS 6 1 13 0 4 5 0 3 D4 ( 0 1 3 ft 43 30 0 4 -2 <J 3 8 0 0 17 O 14 0 1 r. o 1 9 0 0 0 O 5 30 12 ft 12| ' lit* 30 3 V, f> & f 2 G l/S May-Not. May Quarterly May-Nov. May-Nov. Sep.rApr. Pcp.-Apr. Sep.-Mar. Nov. Apr.-Oct. Jan.-J ulr . July Feb.-Aug. Dec-June Dec-June Apr.-NoT. Dec-June 5 IS) 0 n 11 1 5 ft 1 6 13 4 14 10 SIS 4 10 11 f. 2 1 7 IS O C 18 4 6 ft 0 4 19 6 C 19 0 7 8 6 7 3 C C. 9 10 4 19 6 1 0 0 2 (I C 0 0 1 O 19 9 2 2 0 1 13 6 1 10 3 1 10 0 DEBENTURES— N.Z. Breweries Milne and Choyce 13 3 97 0 0 i 3 O 94 0 0 12 0 1Q0 0 0 10 6 Jan,-.Tuly June-Dec. ar> 15 2 7 3 C WAR LOANS— 1938 3*139 3917 ,..; Soldiers, 1933 97 0 0 97 O 0 90 17 6 98 S 0 101 0 0 97 30 0 07 30 0 «I7 10 O 9S 0 0 1O1 15 0 P 5i Jnne-Dec May-Nov. Apr.-Oct. May-Nov. Jan_-July r> s io 4 Iβ 4 4 16 9 6 19 5 6 6 INSCRIBED STOCK— Soldiers. 1933 1927-41 103 0 0 OS 10 0 101 17 6 98 0 0 a Jan.-.Inly Mar.-Sep. 5 6 11 b6 1 3