THE WEEK REVIEWED.

Auckland Star, Volume LVII, Issue 78, 3 April 1926, Page 6

THE WEEK REVIEWED.

GOOD FINISH BEFORE EASTER. MORE BUSINESS DONE. The week before the Easter vacation saw good business transacted on 'Change. The 5 per cent War Loans, 1927, were placed at £98, and the 4i per. cent at -96 10/. Buyers offered £95 for Auckland Power Board 5J per cent debentures and £97 for the Hospital Board issue at the same rate of interest. Auckland Harbour Board 4 per cent debentures are wanted at £84 10/, and business was done in Auckland City 4 per cent debentures at £95 10/ and £96. Buyers came in again for P and O. debenture stock at £225, and for Loan and Mercantile Agency at £94 for ordinary, and £78 for preference stock. Colonial Sugar Refining Coy. shares are now offered at £53 10/. i Banking shares had a fair amount of business this week, National Bank of Australia contributing issue were transferred at £8 19/ aud more were i offered at 2/ advance upon that figure. National Bank of New Zealand shares j had several sales at £0 15/, and Bank of New South Wales changed hands at £44 2/6. A number of transactions occurred in Bank of New Zealand shares at 60/3. Insurance shares arc popular at the 1 present time. New Zealands sold at 39/0 and 39/9, while for South British, : "37/3 was paid. Standard Insurance ! met with steady demand at 50/. with jno quoted sellers. For National Insur- , anee 78/6 is the buying figure. Fairly large parcels of Wilson's cement changed hands during the week at 36/0, and Bycroft, Ltd., sold at 28/ G. A lot of Auckland Gas shares have been transferred at 22/3 und 22/4, while the contributing issue were placed at 8/ and 8/1. | Coal shares are not receiving much 1 attention on 'Change, the only sale | this week being in Taupiris at 16/9. L.OB. Timber shares advanced to sales at 43/ and Kauris are still wanted' at 33/. Devonport Steam Ferry shares •sold at 27/3, aud Northern Steam at 15/4, while 44/9 was paid for Huddart Parker Steam. Sales were made of New Zealand Breweries at 59/ and of the debenture stock at 26/ and 26/1. A j transaction wias reported in Staples I Brewery shares at 40/. I Inquiry set in this week for shares !in the Mosgiel Woollen Coy., at £5 17/6, and for Wellington Woolien £6 is still , offered, for both issues. I Taranaki Oil shales improved in price this week in sympathy with an upward move in Australia. Sales were made from 8/C to 9/6 during the last couple of days, and the market closed with buyers at 9/3. Waihi shares also firmed in price, sales being made up to 23/9. Rawarau shares sold at 6/ and 5/10, i with buyers at the latter rate. The Exchange re-opens after the Easter vacation, on the-12th. of April; I BUSINESS DONE. f . 'AT THE 3.15 P.M: CALL THURSDAY— New Zealand Insurance..: (£l/19/2) j South British Insurance (12/17/3)

PREFERENTIAL TARIFF. NEW REGULATIONS. - - From to-day the new reg-ulatlons in regard to the conditions under which British goods enteritis: the ' Dominion get the benefit of preferential treatment come into force. At least 50 per cent of the (roods must have been the- product or British labour, as against 25 per cent in the past. * British preferential duty now applies to the following-:—(a) Goods wholly the produce of British countries; (b): goods wholly Manufactured In British countries from British materials; (c) {roods manufactured in British countries from foreign raw material or from certain specified rorelgn partly-manufactured materials; (d) goods which have undergone their final process of manufacture In British countries. It is the last class that the 50 per cent requirement affects.

BANKS— Sellers. Buyers. Anst. Commerce 1/13/0 .'. 1/12/0 Australasia 14/3/0 .. 13/19/0 Commercial 1/10/9 .. 1/10/3 National — .. 6/14/0 National of Aus. (cont.) 9/0/0 .. — New South Wales .. — .. 44/0/0 New Zealand 3/0/9 .. 3/0/3 Union of Australia .. 15/2/6 .. 14/18/6 INSURANCE— National 3/19/0 .. 3/18/6 New Zealand 1/19/3 .. 1/18/9 South British 2/18/0 .. 2/17/0 Standard — .. 2/10/0 FINANCIAL— N.Z. and River Plate —' .. 1/2/3 Loan and Mercantile 95/0/0 .. 04/0/0 Loan and Merc, (pref.) 83/0/0 .. 78/0/0 COAL— Hikurnnsi (pref.).... «-5/0 .. 2/6 Pukomiro 2/7/6 .. 2/5/0' Tanpiri 17/0 .. 10 0 Westport 1/16/6 .. l./15/o GAR— Auckland 3/2/6 .. 1/2/4 Auckland (cont.) S/3 .. 8/1 Thames 11/0 .. — SHIPPING— Devonport Ferry — .. 1/7/0 Huddart, Parker (ord.) 2/3/0 .. 2/4/6 Northern Steam (p.u.) 16/0 .. 15/3 Northern Steam (cont.) 7/4 .. — r. and O. Deferred .. — .. 225 '0/0 Union Steam (pref.). — .. 19/0 TIMBER--Bartholomew 1/3/6 .. Kauri Timber — . 1 /13/0 L.O/R _ .. o/o/O National 1/n/o .. — Rotoiti 1/0/(1 .. — WOOLLEN— Mossriel — .. 5/17/6 Wellington — .. (i/n/n Wellington (pref.) ...' —. .. 6/0/0 BREWERIES— N.Z. Breweries 2/19/6 .. — Staples Brewery 2/0.Tl .. 1/1S/6 MISCELLANEOUS— C. L. Innes Co., (pref.) 1/0/0 .. — Colonial Sugar 53/10/0 .. — Dental Sui"lies 18/0 .. — Dominion Pictures... 1/0/3 .. 19/3 Donasrhy's Rope 1/14/6 .. — Electrolytic Zinc — .. 1/15/0 Electro. Zinc (pref.).. — .. 1/16/3 Farmers' Auc — .. 3/10/0 Farmers' Auc. (A pref.) — .. 18/0 Farmers' Auc. (B pref.) — .. 16/0 Grey and Menzles .... — .. 12'6 Hill end Plumme.r .. . 1/2/6 .. 1/0/0 Theatre Arcade (pref.) — .. 10/n Milne. Choyce, Ltd... — .. J/5/0 Milne. Choyce (pref.) — .-. 3/5/0 Milne, Choyce (deb.) — .. 1/5/0 National Pictures ... 16'0 .. 13/0 Farmers' Fertiliser.. 4/17/6 .. 4/14/6 N.Z. Milk Products.. — ..' 1/11/0 N.A. Farmers (B pref.) 9/6 .. — Northern Boot 19/0 .. — Philiipps and Impey — .. 1/11/0 Sanford. Ltd — .. 10/<* Sauford, Ltd. (pref.) 1/1/0 .. 1/0/6 Takapuna Trams .... 12/0 .. Taranaki Oil 10/0 .. 9/3 Wnirnkei. Ltd fl/O .. 4/g Union Oil 2/2/fi .. — Wiseman and Sons... n/0 .. Wilsons Cement 1/16 '6 .. 1/16/4 MINING— Albumin ] /a Kaw.irau 0/0 ".". 5/10 Kuranul 1/0 .. Mnanataiari 1/8 " 1/3 Mulr's Reef fi '6 " New Waiotahi 0/7* .'.' 0/5 Nonpareil /wo, No'inareil (cont.) ....." _ ;; 0/8 J _,Z,i V 4 / 6 •• 1/3/6 DEBENTURES— Auckland H.B.. 4 p.c. — S4/10/0 Anck. Tower Rd.. 5J p.c. - " S Ak. Hosp. Board, 5} p.c. — . 97/0/0 N.J5. Breweries '. l/ 6/2 *{%% WAR LOAN?Loan, 1930, 4i p.c... — 9fl/10/0 l___ , i§S , S' p - c -- - ••^5/0 Loan 1930, 4* p.c.... — .. 0R , r ,, 0 Loan. 192. .-ip.c.:... — 07/io/ri Soldiers. 1933. 5i p.c. — " 99/10/0 INSCRIBED STOCK— Loan, 1927. 5 p.c — .. 97/10/0 Loan, 1929; 5 p.c — .. 97/0/0 Loan. 1939. 4J p.c. ... 96/15/0 ".'. O6/0/0 Soldiers, 1933, 5J p.c. — .. 09/10/0