FINANCIAL AND COMMERCIAL.

New Zealand Herald, Volume LXIV, Issue 19558, 10 February 1927, Page 7

FINANCIAL AND COMMERCIAL.

STOCKS AND SHARES.

AUCKLAND STOCK EXCHANGE. MORE BUSINESS PASSING. Business was brighter on the Auckland sharemarket yesterday. In Government securities War Loans, the 1938 issue, had sale at £96 12s 6d, against £96 15s a fortnight ago. More were available at £96 15s, buyers offering £96 ss. In local body securities Auckland City debentures, the 5£ per cents, maturing in 1940, changed hands at £97, more being wanted at £96 10s. In banks Nationals of Australasia again sold at £lB 7s. Late offers of £lB 5s met with no response. Buyers of New South Wales again offered £49, without discovering sellers. Holcffrs of New Zealand were asking 60s, an advance of 3d, but buyers were steady at 59s 6d. In insurance South British were done at 56s 3d, equal to last week's figure, at which more were available. Late buyers offered 55s 9d. New Zealands were quoted ex div. at 36s 6d and 36s 9d. In gas Aucklands sold at 235, buyers closing at 22s lOd, sellers 235. In shipping Northern Steamships were done at 13s 3d, against 13's 6d last week. Late offers of 13s Id were met by quotations of 13s 6d. In miscellaneous Lewis R. Eadys 7 per cent.,B pref. had sale at 20s 3d, the current figure. Wilsons Cement sold at 36s 3d, more being wanted at 365, sellers 36s 9d. There was a little more interest in mining, Alburnias selling at 3s Bd, Kawaraus at 3s 6d and New Waiotahis at Is Id.

The following sales took place:—War Loan, 1938, 4£ per cent., £96 12s 6d; Auckland City debentures, 1940, 6| per cent., £97; National Bank of Australasia, £lB 7s; South British Insurance, 56s 3d; Auckland Gas, 235; Northern Steam, 13's 3d; Lewis R. Eady and Son, B pref., 20s 3d; Wilsons Cement, 36s 3d; Alburnia, 3s 8d; Moanataiari (con.), 4s 4d; Kawarau, 3s 6d; New Waiotahi (4s paid), Is Id.

CALL AND DIVIDEND LIST. Dividends — Dae. New Zealand Insurance—Halfyearly ~ ~ .. .. Now. SOUTHERN EXCHANGES. [El* TELEGBAPK. —PE.ES3 ASSOCIATION.] WELLINGTON. Wednesday. The following sales were made on the Stock Exchange to-day;—s| per cent. Inscribed Stock, 1953, £101; Commercial Bank (rights), 9s 8d; Union Bank, £ls 6d; Taupiri Coal (ord.), 225; Manning's Brewery, 20s. CHEISTCHURCH, Wednesday The following sales were made on the Stcck Exchange to-day:—Bank of Australasia, £l4 lis 6d; Commercial Bank oi Australia (rights), 9s 8:1 (four parcels): Queensland Insurance, 56s 6d: Electro. Zinc fpref., cum. div.), 375; Western Australian Bank, 5Ss 3d; Gcldsbrough, Mort, 50s Bd;_ Mount Lyell, 28s 6d. DUNE DIN. Wednesday. The following sales were made on the Stock Exchange to-day:—Union Bank, £ls 6s; National Insurance, 745; 5A per cent. Soldiers' Inscribed Stock, £lols Commercial Bank (rig&tsjj 9s 64.

CLOSING QUOTATIONS. BANKSSellers. Buyers. £. s d . £ s d Aus. Commerce (ex rights and div.) . — 1 11 6 Australasia — 14 8 0 Com. Aus. (rights) . — 0 9 2 English, Scottish and Australian * 8 10 0 8 5 u Nat. of N Z. . . 7 2 6 7 1 6 National of Aus.' — 18 5 0 New South Wales .. — ■ 49 0 0 New Zealand 3 0 0 2 19 i Ditto (new-issue) . 0 12 3 0 11 8 Union of Australia 15 7 6 15 3 0 i Western Australia .. — 2 17 0 INSURANCE— National 3 15 0 New Zealand (ex div) 1 16 9 1 16 6 South British 2 16 3 2 15 9 LOAN AND AGENCY— Abraham and Williams (pref.) Farmers' Co-op. Auc. 4-15 0 _ A (pref.) — 0 17 6 Ditto B (pref ) . . o ir 3 ,— Goldsbrough, Mort . 2 11 0 — N.Z. & River Plate . — 1 3 9 Guarantee Corp. 0 10 9 N.Z. Loan & Merc. — 92 0 0 Ditto (pref.) — 80 0 0 COALHetherington (con.) . 0 6 4 Hikurangi (pref.) ., 0 3 0 0 1 0 Pukemiro .. .. 3 1 0 2 18 6 Taupiri . . .. —„ 1 1 10 Ditto (pref.) .. — 1 3 0 Waipa £ Westporfc A A 0 16 0 0 14 6 1 15 9 1 14 9 GAS— * Auckland »» 1 3 0 1 2 10 Ditto (con.) h, 0 16 0 0 14 3 SHIPPING— Devonport Steam ... 1 5 6 1 4 6 Northern Steam 0 13 6 0 13 1 Ditto (con.) ., 0 6 8 0 6 3 P. & 0. (def. stk) , — 255 0 0 Union Steam (prof.) ■. 1 o 9 — TIMBER—. Kauri Timber 1 8 0 1 6 6 Leyland-O'Brien 2 2 0 — National .. .% — 0 14 3 Parker-Lamb & 1 5 0 .— Taupo Totara *■'. 1 0 0 — WOOLLEN— Kaiapoi .. 0 11 0 Ditto (coil.) ». —T-' 0 2 (J BREWERIES— C. L. Innes (pref.) , . 1 0 3 N.Z. Breweries 2 13 0 v Crown 0 17 6 0 15 0 MISCELLANEOUS— Auck. Amuse. Park . 1 6 0 , Colonial Sugar (Aus.) 57 0 0 Dental and Medical . 0 17 6 Dominion Pictures .. 1 4 0 1 0 0 Ditto (pref.) " 1 0 0 Elec. Zinc (ordO .. —. 1 16 0 Ditto (pref.) — 1 16 6 Grey and Menzies . . 0 12 6 Henry Jones 2 9 6 Hill and Plummer . . — 1 0 0 H.M. Theatre (pref.) " 1 0 0 Kempthorne. Prosser 3 10 0 Lewis R. Eady & Son (7 p.c. B pref.) .. Milne and Choyco .. 1 1 0 1 0 0 1 4 6 Ditto (pref.) 1 4 6 Ditto (B pref.) .. — 1- 4 6 Ditto (deb. stk.) . . 1 5 0 1 4 6 Newton King, Ltd. (cum pref.) 0 16 0 N.Z. Fertiliser 4 3 0 3 17 0 Northern Boot 0 18 0 Phillipps and Impey — 1 13 0 Sanford, Ltd. 1 3 0 1 1 0 Ditto (pref.) — 1 0 0 Taranaki Oil 0 10 3 Thames Theatre — 0 12 Tonson Garlick 0 11 0 _ Wilsons N.Z, Cement 1 9 1 16 0 MINING— Alburnia 0 3 9 0 3 I) Ballarat (con.) 0 0 3 Moanataiari (paid) , 0 4 7 0 4 3 Ditto (con.) 0 4 6 0 4 3 Golden Age (paid) . , 0 1 0 0 0 3} Ditto (con ) —. 0 0 2 Kawarau 0 3 8 0 3 5 Komata Reefs 0 0 3 Lucky Shot (2s pd.) 0 1 9 0 1 0 • Ditto (con.) 0 1 6 0 1 0 Maoriland 0 2 0 0 1 0 Majestic 0 1 6 —' New Waiotahi (4s pd.). 0 1 3 0 1 1 Ditto (con.) 0 1 0 0 0 11 Occidental Una 0 0 9 0 0 6 Ohinemuri 0 5 10 0 5 7 Waihi 0 17 0 Waihi Grand June. 0 1 7 Mount Lyell 1 9 0 1 s 3 N.Z. GOVT. WAR LOANS- - War Loan, 1930, 4} . — 97 10 0 Ditto, 193S. 4i . . 86 15 0 96 5 0 Soldiers' Loan. '33, 5i — 101 0 0 Ditto. 1936, 5i — 101 0 0 N.Z. INSCRIBED STOCKWar Loan. 1927-41, 55 100 10 0 Soldiers' Loan, '33, 101 7 •6 Ditto. 1936. 101 10 0 — DEBENTURES— Auck. Har. Bd.. 4 .. — S4 10 0 Ditto, 5J — 95 0 0 Ditto, 5i . . — 98 0 0 Ditto. 6 . . ' — 103 0 0 City Auck., 1940. 5i . — 96 10 0 Hamilton Bor„ 1944, 6 — 100 0 0 Auck, E. Povr. Bd. . 101 0 0 99 0 0 Bor. Mt. Eden, 6! . . — 106 0 0 N.Z. Breweries 1 4 9 1 4 4 Milne and Choyce .. — 9S 0 0 Glaxo — 87 10 0