STOCKS AND SHARES.

New Zealand Herald, Volume LXV, Issue 20116, 29 November 1928, Page 9

STOCKS AND SHARES.

THE AUCKLAND EXCHANGE. WIDE RANGE OF SALES. Business was moderately brisk on tho Auckland Stock Exchango yesterday. Holders of some classes of .Government securities wero inclined to offer more favourable terms, but buyers were not tempted. The only sale in the section was a transaction in War Loans, 1939, per cent., for which tho current price of £99 7'' 6d was paid.

The banking section remained relatively quiet. Nationals of New Zealand were done at £7 2s, an advance of 2s on tho pneo given at tho preceding salo three weeks ago. Tho contributing issue of Nationals ol Australasia, quoted cx div., had salo at £9 ss, against £9 12s, a week ago. New South Wales were also quoted ex div. at £SO 15s, with buyers at £SO throughout. Offprs for Now Zealand were advanced from Tuesday's lato call of 61s 6d to 625, but holders, who had accepted 61 s 9d last week, wanted 62s 6d.

No considerable fluctuation occurred ia tho insurance section. The only business was a salt* of Nationals at 16c 6d, against 16s lid last week. In gas offers for Auckland* weio made at 235, a reduction of twopence on the previous day, with holders still asking 23s 4d. The contributing issue changed hands at the ruling rate of 17s 3d.

In shipping Northerns had their first ex div. silo at 15s 4d, against 13s 10d last week. In brewery shares New Zealands, which sold at 55s on Tuesday, improved to record two sales at 565. In miscellaneous Colonial Sugars changed hands at. the first call at £SB 15s, approximating the level of transactions on Tuesday. More were available at that price at (lie second call, and the market eased to close at £SB 5s and £SB. Taranaki Oils changed hands at 4s 6(1, compared with 7s 6(1 at the preceding transaction lato in October. Wilsons Cements were done at 40s 6d.

Iu mining Wailns were done at 14s lCd, an improvement of a penny on tho rate ruling on Tuesday. Mount Lyells appreciated tlneepence on the most recent salo to find a buyer at 38s 6d, and there was inquiry fot mora at 58s 9d, holders 395. The following sales took place:—War Loan. 1939. per cent. £99 7s 6d; National Dank of New Zealand, £7 2s; National Bank of Australasia, con., ex div., £9 6s; National Insurance, 16s 6d; Auckland Gas con., 17s 3d (two sales); Northern Steamship, 13s 4d; New Zealand Breweries, shares. 56s (two sales) ; Colonial . Sugar, £SB 15s; Taranaki Oil, 4s 6d: Wilsons Cement, 40s 6(1; Wailti, 14s lOd; Mount Lyell, 38s 6(1.

( Aid. AND DIVIDEND LIHT. Dividend* • Due. \Vdniiii» Cement »"Irt nhnro .. Now. Noi'ilimit Kli'iuiiMiip"*.lnterim, ft p.c. per notittmi , Now. Ml. |,yoll— Uiv.. It; bomu, 6d Dec. 19

CLOSING QUOTATIONS. Sellers. Buyeis, BANKS— £ a d £ rt d A\is. Bank of Com. 1 11 0 1 13 0 Bunk of Australasia 14 13 0 — Com. Bank of Aus. " 1 10 a 1 10 3 Ditto (pref.) — 7 li r, Kntr.. Scot., mid Aus. — S 9 •0 National of N.Z. 7 3 G 7 1 0 National of Australasia 9 t 0 (con., ex <liv.) . . 0 7 O N..S. Wales (ex div.) CO 15 .0 an o 0 New Zealand . . 3 2 (1 3 2 0 i) Pref., 20s paid . 1 8 9 — Union of Australia . 15 10 0 15 7 G INSURANCE— Australian. Provincial — 0 5 0 National 0 HI 3 0 1G 1 New Zealand .. . ■ 2 7 6 — 0 Queensland ., .. — 3 7 South British • .. — 3 •} 0 United . . . — 10 19 0 LOAN AND AGENCY— Farmers' Co-op. Auc. 3 \ 0 2 19 0 Oil to (\ pref.) — 0 17 3 Ditto (B pref.) — o ir. 3 0 Goldsiirough, Mort ,. 2 12 6 2 12 National Mortg. . . — t 7 0 Nowtor, King (pref.) — 0 7 7 N.Z. and River Plato — 1 12 Ci N.Z. Loan and Here. — 118 0 0 Ditto (praf.) — G 82 0 (1 N.A.- Far. Co-op (ord.) 0 3 0 2 3 0 Ditto (B pref.) — 0 5 COAL— Hikurangi . . %• 0 6 o o r, 9 Ditto (pref.) — 9 0 10 9 Ditto (A pref ). . . 0 9 — Pukemiro Collieries . 3 7 6 3 Renown (ord.) .. 0 1G 3 0 <) 15 0 2 Ditto (pref.) . • 0 3 7 Taupiri . ■ • •• 1 6 0 1 3 0 12 0 6 Ditto (pref.) Waipa 0 13 1 10 ) - G Westport Westport Stock, (pref. 9 0 1 0 GAS— 1 3 0 17 0 3 Auckland . • 1 3 •I Ditto (con.) »» fl 17 5 SHIPPING— 1 t 1 3 G Dcvonport Ferry ». 1 5 0 Howard Smith J* 2 S i; i> 3 Iluddart-Parker 3 T O 0 13 Ditto (pref) »< o 1:5 Northern Steam 7 Ditto (con.) O li 9 1 0 Union Steam (pre..) • 1 1 U G TIMBER— 0 IS Bartholomew 0 19 f, 0 Kauri Timber < m 1 0 l» '— National .« »*• 0 10 0 WOOLLEN— Kaiapoi . < «.« — 0 13 0 3 0 9 9 0 G Ditto (con.) o — Ditto (pref.) *• ■— O 11 7 0 Wellington .. ■— Ditto (pref.) *•« — 7 2 BREWERIES — 0 19 0 G. L. Innes and Co. — Ditto (pref.) . . 0 19 G N.Z. Breweries, Ltd. 2 1G 0 2 15 ti MISCELLA NEOU S— A. J. Entriean .. 0 18 6 2 6 0 0 0 0 Australian Glasa .. — C British Tobacco .. 2 5 2 l Burns, Philp and Co. ,, — 2 4 1 12 Bycroft, 'Limited 0 10 0 Checker Taxi (20s pd.) — 0 0 0 0 9 0 10 0 Colonial Sugar (Aus.) 58 5 0 58 0 1 1 1 1 1 11 Dominion Pictures . . 1 G 0 Ditto (pref.) Donaghy's Kopo . — •— Electro. Zinc (ord.) . i l(> 0 1 It Ditto (pref.) farmers' Trading Co. 1 10 9 .1 10 0 7: 0 10 0 8 3 Dilto (B pref.) .. 1 "o 6 Fuller's Pictures . . 0 10 Grey and Menzics . . — 0 3 lfenry Jones Co op. . 1 18 0 0 0 Hill and Pliinuner . •— 1 -J 11.M. Arcade (pref.) — 1 1 3 10 Kempt horne-Prosser . Lewis Kady. Ltd. . . — 0 1 2 — Ditto (pref.) .. 0 10 c 7 ~5 1 5 i r, Milne ami Choycft .. — 3 Ditto (pref.) .• •—• 3 ])itto (B pref.) .. — 3 0 (j Ditto Web. stock) . — 1 5 0 17 0 9 N.Z. Fertiliser .• — 9 N.Z. Refrig. (con.) . 0 9 r> Robinson Ice C reaia ■—■ 1 1 (1 ]8 G 0 Sail ford. Ltd. .. — Taranaki Oilfields .. 0 5 0 0 I 0 Thames Theatre Co. . 0 15 0 0 10 0 Tnnson flurlick . . 0 s 0 — Union Oil. Soup .. 2 0 G Wairakei, Ltd. 0 13 r, — Whit to Stevenson . 2 0 0 — 3 Wilsons N.Z. Cement — 2 0 MIXING — AlliuVnia 0 2 0 — Lueltv Shot (Is paid) 0 0 0 0 9 Miioriltuid (con.) . . r> — New Waiotnhi ('ts pd.) 0 1 0 — Ditto (c-oii.) 0 0 :i ■— •1 Ohiiieniuri Gold 0 7 H 0 7 VVitilii 0 It 11 • O I 1 10 Wailii Gnd. Junction 0 1 0 0 0 8?< l\ miilii Kiiinnar Till . 0 13 ■t 0 13 1 9 Mount J .veil • ■ 1 10 0 I IS N.Z. GOVT. HON'DS- - \Va •' I.oidi. 1IW0, 4i .. 100 0 0 — n Ditto, inrtH, .ii Of) 15 0 09 5 Dilto, 1030, li .. 09 10 0 00 n 0 Ditlo, 1011, IS .. — 99 0 0 Dido, 1033, '<> •• Ditto, 10315. r,i .. — 101 2 101 5 fi 0 N '/ INH. STOCKWar Loan, 1038, H .. — 00 0 0 Ditto, 11)30. H .. — 0 99 0 0 f)H lii. 1017 11, fil . 00 10 98 15 0 Ill In, 10311, i>\ .. 101 10 0 101. O 0 1 lit In. M'llt, tii — 101 5 0 |<\tl, Ti ltd , 1030, !'•! 100 0 0 — Dr:iii'.NTi'iti |, .H • ,\il,iltl Hid (iiiH, |03J, r> — 93 0 0 Dnt.il, n)!is. — 103 0 0 A It I'll : 1 till'. I«ll| ft J ■ • |tnf, itf Di'Vuiipurl, 101 ft 0 99 10 0 01 0 0 101 10 0 Oil In, Hi nt, (5 lii.r id Ml, |i!il«n. tit 103 o 0 101 0 0 lijlln. 11 , .... 102 0 0 llniS of |(HI|i|llil|i, II — 102 0 0 Itl-oivel iPIji ill'l. filjil, Tudlnu Co, , . i r» :t 1 5 0 Hit) () 0 ■— 11 III *11 1 . 1 80 0 9