THE WEEK REVIEWED.

Auckland Star, Volume LVI, Issue 192, 15 August 1925, Page 6

THE WEEK REVIEWED.

BANK SHARES SELL WELL.

MORE DEALS .IN WAR LOANS.

While public body debentures are neglected on 'Change, there have been quits a number of transactions this week, in Government War Loans. Both issues of Soldiers' Loan, are in. steady demand at 20/ premium,, but latterly no selling rate has been quoted. The 5 per cent War Loan, 1027, changed hands at £98 10/, and inscribed 41 per cpnt loans, t-938-39, free of income tax, had sales up to £07 2/6, after which a transaction oG the former occurred at £07. A sale was rpported yesterday of Government 6 per cent loan at £104 10/, and ror Auckland Gas 6* per cent buyers offer £101, with no sellers quoting, inquiry continues for Auckland - Electric Power Board debentures at £96, but no seller has been disclosed. , ___. „ Shares in banking corporations nad well distributed business this week. INationai Bank of Australasia shares were again placed at £.17, Bank of New South Wales at £41 5/, Union Bank at £14- 12/6. National Bank at £6 13/, and Bank or New Zealand at 56/ 3. Insurance shares had some attention this week. South British sold at 51/, a .alight advance upon previous rates. Further transactions took place in New Zealand insurance at 35/, and sales were made or National insurance shares at 71/ and 73/9. Standard insurance were inquired ror at 46/, but the last couple or days buyers dropped out. A number' of transactions took place during the week in Auckland Gas shares at 23/, an earlier transaction being at 22/10. New Zealand Breweries debentures were • piced at 23/3; with rurther buyers at that llgnre. A transaction took place tn Kalapol Woollen snares this week at 11/3, artdi buyers now offer 11/, with sellers quoting 1-2/o'. Several, sales occurred of Colonial Sugar Belining Co. shares at £52 tfi/ r - at which llgure more are offered. Buyers, however, dropped their offers to £52 10/. Gear Meat, Ltd., shares were transferred *t 4 2/, and Wilsons • Cement at 33/3. Sales were also made of Sanrord, Ltd., shares at 20/ for preference issue and 19/ for ordinary. Union Oil sold at 40/, and there are still buyers at a shilling under that ngure. Taranalci Oil shares changed hands at 19/, and al'terwards at threepence under par. TaKapuna Tram and Ferry shares were offered at 15/6, and this brought in a buyer at 12-/. Sharlands, Ltd., rirmed a little, being wanted at 21/, with no quoted sellers. Northern Boot were inquired for at 20/. but no business resulted. Buyers were steady ror Burns; Philp, Ltd., at 30/, and. ror Farmers' Fertiliser share* 91/6 is still- offered. New Zealand Paper Mill shares, had demand at 20/, but sellers wanted 21/6. New Zealand Loan and Mercantile stock are wanted at £92 Tor ordinary and £77 10/ ror prererence issue. Coal and Timber shares were without transactions this week. .

Mining shares are still neglected. A sale or Waihl shares was made, at 25/6. Waihl Grand Junctions could be placed at lid. and Ohinemuri Mines at 2/9. Mulr's Heel's are easier, sellers being willing to acei-pt 18/. Zeehan Coiisotidaiteds also eased, being offered at 1/0.