STOCKS AND SHARES.

New Zealand Herald, Volume LXIV, Issue 19808, 1 December 1927, Page 9

STOCKS AND SHARES.

AUCKLAND STOCK EXCHANGE. .■•■ " • i ; DAY OF LITTLE ACTIVITY. A quiet day was experienced on the Auckland Stock Exchange yesterday, and apart from the mining section there was very little business recorded. In Government securities War Loans, 1938, per cent., were in demand at £96 155,. sellers £97. Inscribed Stock, 1929, 4 per cent., sold at £96 New Zealand Refrigerating Company, 6£ per cent, debentures, were on the market at £lOl In banking New South Wales, which sold a fortnight ago at £44 10s, were done at £45. The market closed with New Zealands quoted at 60s 9d and 60s. In loan and agency a sale of Guarantee Corporation, ordinary, was effected at 9s. the price at which they were available at tiie late call. In breweries buyers offered up to 41s 6d for New Zealand Breweries without obtaining a response. In miscellaneous sellers of British Tobaccos quoted 53s 9d in the morning, but afterwards asked 54s 3d, buyers 535. Taranaki Oilfields were offered at lis and wanted at 10s 6d. Buyers of Wilsons Cements advanced during the day from 35s 9d to 36s 3d. In mining Occidental Ona United, con tributing, were sold at Is 7d, a decrease of Id since Tuesday, and Ohinemuri Gold and Silver at the current rate of 6s 4cl W<tihit; have shown a slight improvement during the past fortnight and changed hands at €ls 3d and 21s 9d. The foP.owjng sales took place:—New Zealand Inscribed Stock, 1929, 4 per cent., £96; Bank of New South Wales, £45; New Zealand Guarantee Corporation, ordinary, 9s; Occidental Una United, contributing, Is 7d; Ohinemuri Gold and Silver, 6s 4d: Waihi, 21s Bd, 21s 9d.

ARMSTRONG, WHITWORTH LOSSES POSITION IN NEW ZEALAND. A. and N.Z. LONDON, Nov, 29. At tho meeting of shareholders in Sir VV. G. Armstrong, Whitwortb and Company, Limited, yesterday, which passed the resolutions "to merge with Vickers, Limited, Mr. Frater Taylor said they did not yet know tho full measure of tho adjustments which would be necessary with respect to the losses in the company's trading ventures. Even now they had difficult situations to clear up, especially in certain large contracts in New Zealand, as to which friendly discussions were going on with the New Zealand Government,

i CLOSING QUOTATIONS. 1 Sellers. Buyers BANKS— £ s. d. £ . d Com. of Australia . 1 9 3 1 8 6 Eng., Scot. & Aua • i 7 12 0 National of N.Z. ii 19 0 G 10 0 New South' Wales45 10 0 44 15 0 New Zealand 3 0 9 3 0 0 D pref., 10s paid — 0 16 0 D pref., 20s paid 1 6 0 Union of Australia . 14 .11 0 14 5 0 Ditto (new issue) . — 14 0 0 Ditto (55s paid.) .. S 1 0 5 17 0 INSURANCE— New Zealand 2 1 0 2 (i 0 South British 2 18 0 2 !(> 9 Standard — 3 6 LOAN AND AGENCY— Abraham & Williams (pref.) — 4 2 G Dalgety and Co. — 12 19 0 Farmers' Co-op. Auc. 3 2 r> — (A pref.) .. . 0 18 0 0 16 5! (B pref.) — 0 14 9 Goldsbvough, Mort . 2 8 0 — National Mort. 3 14 6 3 10 0 N.Z. and River Plate — 1 7 0 N.Z. Guar.- (ord.) .. 0 9 0 0 8 9 N.Z. Loan & More. — 94 0 0 Ditto (pref.) — B0 0 0 COALHikurangi 0 3 10 0 3 7 Ditto (pref.) — 0 0 10 Ditto (A pref.) 0 7 0 0 G 0 Pukemiro — 3 0 0 Renown Col. (con.) . — 0 8 3 Taupiri 1 7 0 1 6 3 Ditto (pref.) — 1 3 0 W aipa 0 1G 0 0 15 9 Westport — 1 10 0 GASAuckland 1 3 6 1 3 1 Ditto (con.) f.. 0 17 0 0 10 7 Birkenhead 0 10 0 0 12 0 Thames. 0 13 0 — SHIPPING — Devonport" Steam 1 5 0 1 4 0 Northern Steam 0 15 0 0 14 9 Ditto (con.) 0 7 1 • 0 8 P. & 0 (dot, stk.) . 270 0 0 0 19 Union Steam — 9. TIMBER— Kauri Timber" .. 1 4 0 National 0 12 0 — Taupo Tofara Timber 0 16 0 — Ditto (pref.) 0 17 0 — WOOLLEN— Kaiapoi .. .. — 0 8 3 Wellington — G 3 0 Ditto (pref.) — e 4 G BREWERIES— C. L. Innes (pref.) 1 0 0 •2 1 N.Z,. Breweries — G ''MOELLANEOUS— Auck. Amuse. Park 0 1C 9 o ir> 0 Ditto (pref.) 0 19 6 0 18 G 0 British Tobacco 2 11 3 2 13 Bycroft, Ltd. — 1 9 G Checker Taxicab Co. — 0 0 19 0 Ditto (coil.) Col. Sugar (Ana.) . 0 10 — 51 10 0 Dental and Medical 0 10 0 1 ~0 Dominion Pictures . .— 0 Ditto (pref.) Donaghy's Rope — 1 0 0 —• 1 18 0 Eleo. Zinc (ord.) 111 6 — Ditto (pref.) .. 1 12 6 1 18 Gee.r Meri — 6 Grey and'Menzies . 0 12 0 _ 0 Hamilton Theatres , __ 0 14. Hayward's 0 19 0 0 18 6 Hill and Plummer . — 1 2 0 H.M. Arcade (pref.) _ 1 0 0 Kemptliorne. Prosacr 3 6 6 3 4 9 Milne and Choyce .. — 1 4 0 Ditto (pref.) —• «- J i 3 Ditto (B pref.) — 1 4 3 . Ditto (deb. stock) . 1 -8 6 1 3 0 Murchison Oil 0 16 0 —• N.Z. Paper Mills .. 0 17 0 — N.Z. Refrjg. .. — 0 1G 9 Ditto (con.) 0 8 7 0 8 4 Northern Boot 0 18 0 Robinson lc» Cream 1 3 0 — Sanford, Ltd. 1 0 6 — Ditto (pref.) — 1 0 3 Taranaki Oil 0 11 0 0 10 6 Thames Theatre 1 0 0 — 0 Tonson Garlick 0 11 6 0 10 Union Oii — 2 0 6 Wairakei, Ltd. 0 10 0 0 8 0 Whittome, Stevenson 2 6 0 2 3 9 Wilsons Cement 1 17 0 1 16 8 MINING— Alburnia ... .. 0 2 3 0 1 9 Moanataiari (paid) . 0 2 7 0 2 1 Ditto (con.) 0 1 2 0 1 1 Goldeu Ago (paid) .. — 0 0 2i Ditto (con.) 0 0 0 ~0 Kawarau — 6 Komata Reefs 0 0 3 — Kuranui 0 0 6 —• Ijticky Shot (2s paid) 0 1 5 0 1 1 Maonland (con-) 0 1 3 31 ■— Majestic .. 0 0 „— New Waiotahi (4s pd) — 8 0 0 8 Ditto (con.) 0 0 0 0 5 Occidental (2s paid) . 0 2 1 0 1 9 Ditto (con.) 0 1 9 0 1 6 Ohinernuri 0 6 6 0 6 4 Waihi 1 1 9 1 1 8 Waihi Grand June. 0 1 3 0 0 9 Mount Lyell 1 9 0 I 8 6 N.Z. GOVT. STOCK— War Loan, 1930, 41 . — 97 15 0 Ditto. 1938, 41 97 0 0 96 15 0 Ditto. 1939, 4$ 97 0 0 96 15 0 Ditto 1941, 41 9G 5 0 Ditto, 1933, 51 — 100 15 0 Ditto, 1936, 6i — 101 0 0 N.Z. INSCRIBED STOCK— . War Loan, 1929, 5 .. — 98 10 0 Ditto. 1938, 4} : — 96 15 0 Ditto, 1939, 4i Ditto. 1933, 51' — 96 15 0 01 10 0 100 15 0 Ditto, 193G, oj — 101 0 0 DEBENTURES— Auck. Gas, 1928, 61 . 101 0 0 99 0 0 Audt. Mar. Bd., 4 .. — 85 0 0 Ditto, — 98 0 0 Ditto 0 — 102 0 0 City Auck., 1943, 51 . — 98 0 0 Auck, Elec. Pow 13d. — 98 0 0 Auck. Hob. Bel., 51 . — 98 0 0 Bor. Dovonport, 4} . 92 0 0 — 0 Ditto. (! — 100 0 Bor. Ham., 1944, G ■ 193 0 0 101 0 0 Booth-Macdonald 75 0 0 — Hamilton Theatres .. N.Z. Breweries 05 0 0 — 1 3 9 — 0 Glaxo — 0 90 0 N.Z. Refrig., 01 .. 101 0 CALL AND DIVIDEND LIST. Dividends— Duo Dovonport Ferry—Half-yearly, 71 Doc. 14 p.e. per annum Mount Lyell—Div. Is bonus 3d Deo. 19