AUCKLAND SHAREMARKET.

Auckland Star, Volume LVI, Issue 190, 13 August 1925, Page 4

AUCKLAND SHAREMARKET.

BUSINESS DONE.

SOUTHERN EXCHANGES. (By Telegraph.—Prees Association.) DUNEDIN, this day. Snle on 'Change: Kawarau, 16/. Sales reported: N.Z. Breweries (deb.), £1/3/3; Electrolytic Zinc, 1/11/ C.

COMMERCIAL BANKING CO.

The Commercial Banking Company of Sydney, in its annual report, covering- the period ended June 30, discloses a pront or £480,261, compared with £451,567 Tor the preceding , period. The customary 10 per cent dividend, including the interim distribution, absorbs £349,919, a sum or £130,000 is transferred to reserve fund, and £00,227 is carried rorward, against £89,885 brought into the account.

AUSTRALIAN BANK OF COMMERCE.

The Australian Bank of Commerce, Limited, has increased its distribution Tor the hair-year ended June- 30 to a dividend at the rate or 8 per cent per annum, in place ol" 7 per cent per annum, which has ruled for four years past. The annual report, issued recently, discloses a prollt or £180,765, compared with £143,252 the previous year. Tho dividend at the rate of 7 per cent per annum for the first half of the year, and 8 per cent per annum Tor the second liair-year absorbs £115,000, making , the rate 7* per cent for the year. A sum 0f£50,123 has been transferred to the reserve fund, and a sum of £10,000 has beentransferred in reduction of bank premises account. The balance, £sft4l, added to £4 9,518 brought forward, leaves £54,559 to be carried forward.

THE PRICE Ol* GOLD.

LOA'DON, August 12. Gold is quoted at 8 i/10* per oz, compared with 84/114 on July io.—(A. and N.Z. Cable.)

MINING NEWS.

Alburnia.—The manager reports, under date Stli August, that better progress was made during the week in cleaning out the level, a further 35ft having been cleaned, timbered, repaired, nnd tram rails laid, making a total of 800 ft from the entrance. ■Owing to the country ahead vat being of such o heavy nature as that passed through, we anticipate making good progress this week. The estimated distance, j S Tom he iO P oTllo^ c e t. to tUC ° rlanao mf

AT THE 3.15 P.M. CALL YESTERDAY— War Loan, 4J p.c, 1038 £97/2/e War Loan, 4* p.c, 1039 £97/2/0 Bunk of New Zealand £2/10/3 National Insurance £3/1-1/0 AT THE NOON CALL TO-DAY— National Bank £0/13/0 BANKS— Sellers. Buyers. Australasian Commerce — .. 1/0/0 Australasia 14/12/0 .. — National 0/14/0 .. 6/12/0 New South Wales .. 41/7/0 .. — Xew Zealand 2/10,0 .. 2/1G/0 INSURANCE— National 3/15/0 .. 3/12/0 New Zealand 1/15/0 .. 1/14/H South British 2/11/3 .. 2/10/0 FINANCIAL— N.Z. and Hirer riate 1/2/0 .. 1/1/3 Loan and Mercantile — .. 92/0/O Loan and Merc, (pref.) — .. 77/0/0 COAL-^ Ilikurangi (pref.) 10/0 .. — 1'uUemiro — .. 2/1/0 Tatipiri 1S/0 .. — Taupiri (pref.) — .. 1/3/0 Walpa 1/2/0 .. — GAS— Auckland old) 1/3/3 .. 1/3/0 Auckland (new) — .. 0/3 Birlienhead 18/0 .. — GLuborne 13/0 .. — SHIPPING— Devonport Ferry 1/5/0 .. 1/3/3 Hudilart, Parker (ord.) 2/0/0 .. 2/5/3 Northern Steam (p.u.) 10, 0 .. lu/'J Northern Steam (eont.) 8/0 .. 7/0 TIMBER— Bartholomew 1/2/3 .. 1/1/3 Kauri Timber — •• 1/13/3 L.OB — .- 2/10/0 National 1/2/0 .. 1/1/9 liotuitl 1/3/0 .. — WOOLLEN— Kaiapoi (ord.) 12/G .. 10/0 Wellington 6/13/0 .. — MISCELLANEOUS— Burns, l'hilp and Co. — .. 1/10/0 Bycroft, Ltd i- .. 1/0/0 .Colonial Sugar 03/0/O .. — Dental Supplies 17/(1 .. — Dominion i'ietures .. 1/0/O .. — Electrolytic Zinc (def.) — .. 1/10/0 Electrolytic Zinc (pref.) — .. 1/11/0 Farmers' Aue. (B pref.) 18/0 .. — Grey and Mcnzleu ... — •. 0/0 Hill and I'lummer .. — .. 1/0/0 Theatre Arcade (pref.) 1/0/0 .. 1!>/G Keinpthorne, l'rosser — .. 3/0/0 Kemp, l'roser (cont.) 1/4/3 .. — L. R. Eady(7 p.c. li pref.) 1/3/0 .. — Milne, Choyee, Ltd... — .. 1/4/0 Milne, Choyee (pref.) — .. 1/4/0 Milne, Choyee (deb.) 1/3/0 .. 1/3/3 Newton Kins (prer.j 18/0 .. — Farmers' Fertiliser.. — .. 4/11/0 N.Z. Refrig. (cout.) .. 9/3 .. 8/10 N.A. Farmers'(U pref.) — .. 5/0 Northern Boot — .. 1/0/0 I'hlllipps and Inipey.. — .. 1/10/0 Sanford, Ltd 1/0.0 .. — Sanford, Ltd. (pref.) 1/0/0 .. 10/G Shnrland and Co. ... — .. 1/0/0 S. K. Maxwell and Co. 12/0 .. — Taranaki Oil l'J/9 .. 19/3 Thames Theatre — .. 14/0 Tonson Garllck 14/0 .. — TJnion Oil — .. 1/19/0 Wisemnu (pref.) 1/0/0 .. — Wilsons Cement 1/13/0 .. 1/13/3 MINING— Kαwarau — .. 13/3 Komata Reefs 0/3 .. — Kuranul — .. 0/7 Majestic 1/1 .. — Moanataiarl 2/2 .. I/O Muir's Keef 18/0 .. — New Walotanl O/O .. 0/2} Nonpareil 1/0 ,. — Nonpareil (cont.) 0/4 .. — Ohineinurl Mines — .. 2/0 Waihl 1/5/C .. l/G/3 Waihi Grand Junction 1/2 .. 0/11 Zeehan Consolidated.. 4/G .. — DEBENTURES— Auck. Gas, 192S, 6J p.c. — .. 101/0/0 Audi. 1'owor Board.. — .. 00/0/0 N.J5. Breweries 1'3/G .. 1/3/3 S. K. Maxwell, Ltd... 100/0/0 .. — Govt. 6 p.c lOG/0/0 .. 104/0/0 WAR LOANS— Loan, 1030, 4J p.c. ... — .. 07/0/0 Loan, 1938, 4} p.c 07/5/0 .. O7/0/O Loan, 1H39, 4J p.c — .. 00/15/0 Loan, 1927, 5 p.e 08/10/0 .. 98/2 '(5 Soldiers. 11)33, 34 p.c. — .. 101/0/0 INSCRIRED STOCK— Loan, 1027, 5 p.p — .. 9S/0/0 Loan, in:!8, 4J p.c • 07/5/0 .. — Loan, l!).-(9, 4A p.c... 07/3/0 .. — Loan, 1927-41, 5i p.c. — .. 08/10/0 Soldiers, 1033, uj p.c. — .. 101/0/0