STOCKS AND SHARES.

New Zealand Herald, Volume LXIV, Issue 19567, 21 February 1927, Page 9

STOCKS AND SHARES.

AUCKLAND STOCK EXCHANGE SATURDAY MORNING'S BUSINESS. Activity on the Auckland sharemarket on Saturday was confined to the mining section, Lucky Shots again attracting moat attention. There was inquiry for the majority of the Government securities at late rates but no business passed. In banks there were only minor changeson Friday's closing rates. Quotations of £SO for New South. Wales attracted offers of £4B 15s. Unions of Australia firmed to £ls 7 s 6d, but no offers were made. In insurance New Zeafands were 3d easier at 36s 9d, buyers unchanged at 365. South British quotations were 3d firmer at 56s 3d, buyers offering 55s 9d as on the previous day. In miscellaneous offers- of £53 for Colonial Sugars failed to attract quotations. Wilsons Cement at 36a 6d had offers of 35s 3d. In mining Golden Age sold at IQd, the contributing issue being done at 6-Jjd and 7d. Lucky Shots were firmer, the market closing at 3s 9d and 3s 7d for both issues, compared with 3s Id and 2s lid and 3s and 2s lOd for (he paid and contributing issues respectively on Friday. Sales were made in the paid issue at 3s 3d and 3s 6d, and in the contributing at from 3s to 3s 7d. The following sales took place:—Golden Age, lOd; Golden Age, contributing, 62c!, 7d ; Lucky Shot, 3s 3d. 3s 6d: Lucky Shot, contributing, 3s, 3s Id, 3s 2d, 3s' 4d, 3s sd, 3s 6d, 3s 7d; New Waiotahi, Is 6d. CLOSING QUOTATIONS.

. THE MARCONI COMPANY. INTERNAL DISSENSION. (Received Feb. 20, 6.48 p.m.) A. and N.Z. LONDON. Feb. 19. j The Financial Times says it is officially J announced by Marconi's Wireless Tele j graph Company that the advisory com- ; mittee, consisting of Lord Ashfield, Lord j Backtand, Sir Hugo Hirst and AL Szar- j vasv, are now not prepared to act in. that j capacity, because the shareholders' corn- i .mittee is not willing, to accept their, car- ; dinai condition that the recemmenda- j tions to be made by the committee should ; be supported by the board and by the s shareholders' committee. A statement, issued on behalf of the f shareholders says the directors agreed ta \ accept ali the decisions of..the advisory ; committee when, tbey should be forma- \ iated, bat the shareholders committee 1 demanded the n?ht to reject or to accept j them as it thought fit. The advisory comattes therefore re- [ to act, The . shareholders* ; committee .is .. pre- ; paring its own proposals for submissicc to i the general meeting ■ cf the company. SOUTHERN EXCHANGES. [BIT' TEIES2-A.FH.—-PE£SS ASSOCIATION*,} f ; CEHiSTCHUECH. Sacday \'■ The folio wins sales toofc plaee en the I Stock Eschsnge yesterday:—Staples* | Brewery,' 36s Sd; Royal, Rank' {£l 'paid),| 39s Id;. Ccldshrough. Mart, 50* 7t1.. DUXRDIN. Satarday [ - A sale of Wiestport' eoid shares at 35s 1 took place 00 the Stock Eschacge today. * ~ \

BANKSSells rs. Buyers. £ s. d. £ s. d. Bank of Australasia . 14 9 0 Com. of Aus. (rights) 0 9 3 English, Scottish, Axis, 8 5 0 , National of N.Z. _ 7 1 0 National Australasia — IB 6 0 i Ditto (con.) 9 6 0 9 3 6 New South Wales . 50 0 0 48 15 0 New Zealand 3 0 3 2 ID 6 Ditto (new issue) . 0 12 2 Oil 10 Union of Australia . . 15 7 G — 1 INSURANCE— National 3 14 6 New Zealand ,. .1 16 9 1 16 0 , South British 2 16 3 2 15 9 LOAN AND AGENCY— Abraham and Williams (pref.) ; , Farmers' Co-op. Auc. 4 12 0 A (pref.) — 0 17 G Ditto B (pref.) 0 17 3 i Goldsbrough, Mort. . 2 10 3 National Mortgage . — 3 7 0 Newton Kins (pref.) . 0 16 0 — N.Z. and River Plate 1 4 6 N.Z. Loan and Merc. — 92 0 0 Ditto (pref.) — 80 10 0 ; COAL— Hikurangi (pref.) 0 3 0 0 1 c Pttkemiro Collieries . 3 1 0 2 13 0 Taupiri 1 1 9 (pref.) ... — 1 3 0 Waipa •> .. 0 15 9 0 14 9 Westport «'« .. 1 15 9 1 14 9 GAS— Auckland ., . * 1 3 3 12 11 Ditto (con.) .. — 0 14 4 SHIPPING— Devonport Steam .« 1 5 0 1 4 3 Huddart-Parker ., Northern Steam 2 7 9 2 7 0 0 13 6 0 12 10 Ditto (con.) 0 6 S 0 6 0 P. and 0. (def. stk.) — 250 0 0 TIMBER— Kauri Timber \1 8 0 Ley land-O'Brien *, 2 1 0 National ., 0 15 ti . 0 14 3 Parkor-Lamb .. 1 5 0 Taupo Totara ,, 1 0 0 _ WOOLLEN— Kaiapoi . . 3 . s 0 11 0 Ditto (eon.) .. — 0 2 0 BREWERIES— C. L. Innea (pref.) 1 0 3 N.Z. Breweries. Ltd, 2 13 0 2 10 0 Crown 0 17 0 MISCELLANEOUS— Amuse. Park (prem.) 4: 6 , Ditto (pref.) . ; 1 2 0 British Tobacco . 2 13 U Colonial Sugar (Aus,) _ 58 0 0 Dental and Medical , 0 17 6 Dominion Pictures . . 1 4 0 1 0 0 Ditto (pref.) 1 0 0 Electro. Zinc (ord.) . 1 17 0 Ditto (pref.) .. __ 1 16 6 Gear Meat 1 16 0 Grey and Menzies .. 0 12 6 .—. Henry Jones Co-op. . 2 9 0 H, M. Theatre (pref.) — 1 0 0 Kempthorne, Prosser 3 10 0 3 5 0 Milne and Choyce ., 1 4 6 Ditto (pref.) — .1. 4 6 Ditto (B pref.) .. — 1 4 6 Ditto (deb. stock) — 1 4 9 N.Z, Fertiliser 4 0 0 3 10 0 N.Z. Refrigerating .. — 0 12 9 Ditto (con.) — o e 1 Northern Boot, 0 17 6 — Phillipps and Impey — 1 13 0 Sanford, Ltd. 1 3 0 — Taranaki Oil . . 0 10 G 0 9 3 Thames Theatre . . — 0 12 6 Tonson Garlick 0 11 0 — Union Oil — 2 2 0 Wilsons N.Z. Cement 1 16 6 1 15 3 MINING— Alburnia .. .. 0 .3 5 0 3 2 Ballarat (con.) .. 0 0 4 — Moanataiari (pd.) .. — 0 4 0 Ditto (con.) 0 5 0 0 4 9 Empire Reefs (eon.) . — 0 0 <> Golden Age (pd.) . . 0 0 11 0 0 71 Ditto (con.) 0 0 8 0 0 61 Kawarau .. 0 3 5 0 3 3 Komata ■ Reefs 0 0 3 ™ Kuranui 0 0 9 Lucky Shot (2s pd.) 0 3 9 0 3 7 Ditto (con.) 0 3 9 0 3 7 Majestic 0 1 6 — New W&iotahi (4s pd.) 0 1 9 n i 6 Ditto (con.) 0 1 7 o :i 3 Occidental Una (con.) o o 9 0 0 0i Ohinemuri .. .. 0 fi O 0 5 6 Waihi 0 IS 3 0 17 9 Waihi Gnd. Junction 0 1 9 0 1 5 Mount Lyell 1 9 6 1 8 6 i N T .Z GOVT. BONDS— War Loan. 1930. d| .. 93 0 0 97 10 0 Ditto. 1938. 41 — 9(5 7 r, Ditto, 1933. 4 j- — fit; 5 0 Ditto 1933. Si — mi o 0 | Ditto. 1936. 5j ,. . — 100 15 0 N.Z. INSCRIBED STOCK— War Loan, 1927. 5 .. 99 5 0 _ Ditto. 19*29. 5 98 0 0 Ditto, 1938, 4J 96 15 0 9'" 5 0 Ditto. 1939, 41 — 9'5 5 0 Ditto. 1957-41, 5i j LOO 10 0 — Ditto, 1933. 5| .. — 101 0 0 DEBENTURES— Ansk. Har. Board. 4 81 IB 0 Ditto. 51 . . — 95 0 0 Ditto, 5S- .. 98 0 0 Ditto. 6 • .. ., 103 0 0 City Aiicfc.. 1340. Si 95 0 0 Bor Mt. Eden. 6} . . 105 O 0 N.Z Breweries. lAi. 1 4 i ■ 1 4 0 Milne and Choyce .. —• 96 0 0 Glaxo — 87 10 0