REVIEW OF THE SHARE MARKET.

Press, Volume LXIII, Issue 18942, 5 March 1927, Page 12

REVIEW OF THE SHARE MARKET.

Ttio Sl::irr Market runtiniics ,ntiv<\ the number of rirordi'd .«ri!cs during the j'a.it week showing an incrense on last wok, > s|uvi:illy in Hank sh.-iro?, owing 1 ii.«np» of capital and ainalgan\ition«. The tone of thf innrk'.-f is goo'l and prirps arc well maintained. j Trnrions in (invernment Loans | lave well *i>ivad this wcuk. j Four nr.d b half por cent. Stock, due i 10.18, iv;i' plarnl at £OO 10s, a? against ; £96 7t 'ill !;i*t wrck, :nid late nnsiip- i j"irtrd m• !'<- rs ar' 1 oft'oring at .£!''> 10s.! Four aii'! a half jif-r irent. Uonds duo , 1908 remain unaltered with recorded turnover at £:><> 10s. , Four and a ii.ilf per cent. Bonds due wliirij sold at £9" 10s n week | Hgo, had cti'inirv at £PS 7s fid during j the week, without response. I Five per cent, l'ost Ofliee Stock due 1 was dealt in at £t>3 17s (id, and £O9, showing no ehangc on last week. Tho Honda i:i this Loan sold nt £93 ]7h Gd, as eouipared with £99 5s last week; but lato lni/ers arc offering £99, holders asking 10s more. Five and n half per cent. Soldiers' Settlement Loan Htock nnd Bondß duo 1933 changed hands at £lOl, which is on a par with last reported business. Fivo nnd n half per cent.. Bonds duo 1930, which sold at £lOl last, week, arc •ought at £IOO 15a, without response. Now Zealand Breweries 10 per cent. Dfbenturcs, had further business at 24s 3d, with lato demand at that figure, declared sellers nt 24s 9d. A parcel of Auckland City 5| per cent. Debentures duo 1040, was turned over at £9O 10s. Bank of Adelaide shares aro wanted Bt £9 15s, but holders aro Bales a fortnight ago were £9 7s <>d, nnd £9 8s 6d. Australian Bank of Coinniorcc, which sold at 35s and 35s 3d last week have further demand at 35s 6d without reP Austrnlasins were placed at £ll 9s and £l4 10a, as against transactions a fortnight ago at £l4 lis Gd nnrll £l4 10a, nnd moro aro avnilnblo at £l4 ids 6d, buyers la below. Commercial Bank of Australia ordinary advanced 3d to buainesa at 31s. Commercial Bank of Sydney wcro turned over at £2sa 2a 6d. English, Scottish, and Australians, following announcement of the amalgamation with the Royal Bank, improved to salca at £8 10a, nnd £8 10s 6d, ■i against £8 7a 6d and £8 Da. National ot New Zealand remain unchanged with business at £7 Is. National of Australasia fully paid cosed 3a to business at £lB 5s early this week, but, following the announcement of increase of capital by the issue of 60,000 £lO shares, and 100,000 shares of £8 each, buyers offered £l» 15s, sellers asking £l9 10s. The partly palds sold at £9 12s 6d, aa against £9 4s 6d a fortnight ago, and more are on offer at £9 12s od, buyers at £9 9a. New South Wales, which had several transactions at £49 ss, a week ago, ranged this week from £4B los, to £49 in New Zealands at 60a 3d, 60a 2d and 60s, shows slight Improvement on sales last week at 60s, and late buyers quoted 60s, without attracting a Id to 48s Gd last week, since had several transactions at 48s 6d, 45.4, 435, 45s 3d, und 4Ga 6d nnd more aro wanted at 465, sellers 9d higher. The fuUy palds from business last week at £B, rose to sale. at £9 Is, £9 2s, and £9 Is 6d late buyers offering £9 2s «d, sellers at £9 6s 6d. , . Union Banks wore turnedl oyer at £ls fis, as compared witk 115 os and £ls 5s 6d a week ago, and late unsupported sollera aro altering at Lls OS. Western Australians auvanced from 68 9a last week to transactions at 59s ltttl fi9i 6d. « Recorded business in Inswaneo •harea has been confined to South Bntißh at fi6s. with further buyers at 55s 9d. no declared sellers. New 2 ' i! 1 sold at 38s W and 86b 6d last week, are now writable at 86- sd, buyersM below. Nationala are on offer at 745, tb* figure at whioh sales were last recorded, buyers 3d lower. Dalaety and Co. shores showa rise of U wmt nltt at £ls 12a od. Goldsbrough, Morta., eased to Mies at 60s 3d auidMls 63, against 60s M last week > with late buyers nt 50s Cd, aellera at National Mortgages have enquiry at 89a—last recorded business figure-sell-ers at 70» fld. . N.Z. and River Plates had business at 25# 6d with further demand at 255, no declared sellers. Howard Smiths cum. dividend.of Is por share sold at 31s 6d and more are wanted at that figure, sellers 8d higher. Sales of Hnddart Parkers ordinary cum. dividend and Jubilee bonus are on a par with-highest recorded transactions last week at 48s, and late buyers are quoting 48s, with sellers 4d away. P. and 0. Deferred Stock changed hands at £255. Union Steam preference advanced to sales at 20s 4|d from turnover last week at 20s Id. Canterbury Frozen Meats have improved demand at £8 1«. sellers asking £8 15s. Gears improved 3d to sales at 35s 9d, subsequent buyers offering 35s 0d without response. N. 55. Refrigerating partly paids were dealt in at 6s Id, as against 6a 9d nnd 6s Id a week ago. For Kaiapoi Woollens fully raid unsupported sellers are asking 10s, and »the partly jwids are on offer at 3s 9d, buyers offering 3s 3d. Tatipiri Coals sold at 22s Id and 22s 3d, as compared with 22s a fortnight ago; and Wcstports, which wcro dealt in at 35s last week, are sought at 35s Id, quoted sellers 3d higher. Auckland Gas shares with business at 23s show littlo variation on last week, and Christchurch were placed at 24s 3d with closing quotations, buyers 21s 3d, sellers !M* lid. 'Wellington changed hands at 20s 6d. Recorded transactions in breweries' •hares this week have been confined to New Zealapds, .Staples, and Mannings. New Zealands were turned over at ols and 50s 9d, a slight easing on a week Ago, with subsequent domand at 50s -d, holders asking 50s 3d: Stanles nt .36s 9d, which is on a par with last week's business, late buyers offering 36s 9d, docleared sellers at 37s 9d; ana Mannings, ex distribution of 2s 6d per share, at 18s with late offers nt that figure, j sellers at 19s. Wilson's Cements were placed at 86s •ml 36s 3d and more are wanted at 36s Id, sellers 5d higher. Milburn Lime Now sold at Ss Cd premium. j Kauri Umbers, which sold last week at 26s 6d and 26s 3d, advanced this week to 26s 6(1 and 26s Od. In tho Miscellaneous section, British Tobaccos sold at 53s 3d and 535, o3 against /fts 3d » week ago and more j are on offer at 52s 9d, buvers at 525. j Burns, Philps.. aro enqmred for nt j 425. sellers asking 495. Colonial Sugars, j which were doa!t in a fortnight ago at • £6O and £SB lQ«t, had reran* »!f>mnnd" tot £6O without response Dominion Rubbers show nn ensinpr tendency with Business at 475. Electro Zin* ordinary <nm. dividend changed hands at 36s fld, and the prcTpronco at 37s 3d nm' 87a la, Holdens Motors cnm. dividend were turned over at I'tlt-'WI Mason, Strathsrs 10s paid

,iold at 10s Gil. and Tamil alii Oils at !)s. Transactions in (lold Mininu .shares show little movement. .Alburnias oase<l .Id to business at 3k; Kawnraus at 3s (id arc nn n par with highest recorded sales la«t week. Waihis remain unaltered with turnover at 18«, Mfianataiaris (liMiitied li.-inds at -Is 7d, ;is apiiiM -Is last week