STOCKS AND SHARES.

New Zealand Herald, Volume LXVI, Issue 20391, 21 October 1929, Page 7

STOCKS AND SHARES.

THE AUCKLAND EXCHANGE.

QUIET CONDITIONS CONTINUE. Quiot conditions continued on the Auckland Stock Exchange at the single call on Saturday morning, only four transactions boing rocorded. Tho demand for Government securities was renewed with little alteration, but the market for local body debentures was slightly woaker. In banks and insurance offers remained steady at the previous, day's levels, with the exception of Commercials of Australia, which woro a shade easier. In coal Pukomiros changed hands 0, shilling cheaper at 695. otherwise th6re was no alteration. In 'gas' Aucklands wero done again at 24s lOd. Interest was sustained in other sections with little change. Farmers' Trading had salo a penny firmer at 9s 3d. In mining Mount Lyells improved 3d, with a sale at 42s 6d, more being souuht at 42s 4d. CLOSING QUOTATIONS.

CALL 'AND DIVIDEND LIST. Dividends— Due. South British Insurance—interim final, Is 4d a United Building Bociety—7J p.o. p.a. Oct. 24 British Tobacco—prof., intorim, f>4 p.c. p.a. .. . . . Oot. 81 D.l.C.—Prcf. (1 p.o. (half-year), ordinary 10 p.c. . . . Nov. 1 Aus. Iron and Steel—pref., interim, 7J p.c. p.a Nov. 1 Waihi Gold Mining Co.—ls a share • Nov. 1 N.Z Guarantee Corp—lOd a nhare, fully-paid ord., 7 p.o. prof., 4tl con Nov. 12 Queensland Nat. Bank—quarterly 10 p.c. p.n Nov. 14 Broken Hill South—ls Gd a share .. •. • • • Nov. 15 Nat. Bank of Australasia—Ord. nnd con.. 10 p.c. p.n Nov. 27 0 WOOL COMBINE URGED. OPINION OF AUSTRALIAN. BRISBANE, Oct. 18. A Queensland pastoralist, Mr. James Clark, wrote to the Prime, Minister of South Africa, General Hert/.og, regarding wool marketing, stressing the need for a wool trust, embracing Australia, New Zealand, South Africa and Argentina. '

Mr. Clark said it was ridiculous that they should put tho product, of which they had a monoply, into tho market, in such a manner that thoy had to tako what the combined buyers chose to give. The South African Minister of Agriculture, General J. G. Kemp, has now replied, saying that in his opinion tho most effective method whereby tho producer could secure a voice in the disposal oi Jjis products was by co-operation.

Buyers. Sellers, £ s d i' 8 d BANKS. Aust. of Commerce _ 6 1 13 9 Bank Australasia 13 17 14 1 6 Com. of Australia 1 7 6 1 8 0 Ditto (prof.) 7 4 0 7 9 0 0 Eng., Scot, and Aus. 7 16 0. 8 1 National of N.Z. IB 14 0 — 0 0 National of Australasia — 19 0 Ditto (con.) ■ • — 0 9 4 New youth Wales . . 48 15 49 0 0 Now Zealand 3 0 0 3 0 3 D pref., 20s paid . . 1 8 « 1 9 0 0 Union of Australia — 14 14 INSURANCE. National . # 0 16 t 0 16 10 Now Zealand 2 6 8 'i b 0 6 Queensland — 3 3 South British 3 6 3 ~~ LOAN AND AGENCY. Dalgety and Co. 13 15 n 14 2 6 Dominion Investment 6 and Banking < .. Farmers' Co-op. Auc. — 1 1 — 4 3 0 Ditto (A pref.) 0 18 0 0 19 0 Ditto (B pref.) 0 17 0 0 18 0 Goldsbrough-Mort — 2 5 0 Newton King. Ltd 0 2 0 0 5 0 Ditto (pref.) — 0 13 6 N.A. Farm Co-op. 0 (ord.) Ditto (B pref ) 0 3 — (l 0 11 0 0 13 COAL. Grey Valley 1 8 3 1 9 3 Hikurangi 0 1 9 — Ditto (pref.) 0 4 6 — 0 Ditto (A prif.) 0 3 6 0 5 Pukemiro 3 8 0 8 10 0 Renown (ord.) 0 16 3 0 16 6 Ditto (pref.) 0 3 0 ■— 0 Ditto (pref., n.i. f.p.) 0 2 0 0 3 Taupiri 1 9 3 — Ditto (pref.) 1 3 0 — West port-Stock ton 0 3 0 0 3 r, Ditto (prof ) 0 4 0 — GAS. yi 4 Auckland 1 4 9 10 Ditto (con.) — 0 18 4 SHIPPING. Devonport Steam 1 2 0 1 3 0 Howard Smith — 1 3 6 Huddart-Parkcr . . — 2 4 3 Ditto (pref.) 1 0 0 — 0 Northern Steam 0 14 8 0 15 Ditto (con.) 0 6 8 0 7 0 P. and 0. (def. stk.) — 3 0 0 Union Steam (pref.) 1 0 9 — TIMBER. Kauri Timber _ 0 17 9 Leyland-O'Bricn — 1 12 0 National 0 8 0 — Parker-Lamb — 0 17 9 WOOLLEN. Kaiapoi (pref.) — 0 17 0 BREWERIES. C. L. innes and Co. 1 1 0 — Ditto (pref.) 1 1 0 — N.Z. Breweries, Ltd. 4 8 0 J. Staples and Co. . . 2 13 0 2 16 0 MISCELLANEOUS. Auck. Amuse. Park — 0 2 0 Australian Glass — 2 16 6 Aus. Iron (pref., 1 2 20s paid) British Tobacco — 0 2 7 0 2 7 3 '6 Burns-Philp — 2 5 Bycroft, Limited — 1 14 6 Dominion Pictures . . 1 0 6 6 — Ditto (pref.) 1 0 — Dunlop Perdriau Co. — 1 7 0 Electro. Zinc (ord.) . 1 14 9 1 15 6 Ditto' (pref.) Farmers' Trading 1 15 0 — 0 9 2 . 0 9 5 Ditto (A prof.) 0 17 0 0 18 3 Ditto (B pref.) 0 13 9 — Grey and Menzies . . 0 10 C — Hayward's Pictures . — 0 19 3 H.M. Arcade (prof.) . • 1 1 0 1 1 Lewis Eady, Ltd. (pref.) — 0 Milne and Choyco (deb. stock) . 1 6 6 — N.Z. Fertiliser 1 1 6 1 2 6 N.Z. Paper Mills — 1 0 9 N.Z. Kefric. (con.) . 0 5 11 0 6 4 Northern Boot 0 8 0 — Robinson Ice Cream . 1 4 9 — Sun ford, Ltd. — 0 18 4 Ditto (pref.) 1 0 0 1 1 3 0 S. It. Maxwell — 0 10 Taranaki Oilfields .. 0 4 11 0 5 3 Thames Theatre • 0 11 0 — Whittome-Stcvenson — 2 6 6 Wilsons N.Z. Cornent 2 2 0 — MINING. Alburnift 0 0 ■4 0 1 1 Moanataiari (paid) . 0 0 7 0 1 1 Ditto (2s 2d paid) . 0 0 4 0 0 6 Ditto (Is Od paid) . 0 0 4 •— 9 Kawarau .... 0 0 3 0 0 Lucky Shot (4s pd.) . 0 0 4 0 1 0 Ditto (con.) — 0 0 9 Ohinemuri 0 9 2 0 10 0 Ditto (pref.) 0 9 6 0 10 6 Waihi 0 13 B 0 13 7 Waihi Gnd. Juno. .. 0 1 3 0 1 7 Mount Lyell 2 2 4 2 2 9 TINFIELDS. Kuala Kampar, Ltd. — 0 12 6 N.Z. GOVT. BONDS. War Loan, 1930, 4J . 99 12 6 — Ditto, 1938, >14 .. 100 0 0 — Ditto, 1039, 4i .. 100 0 0 — Ditto, 1941. 4i 100 0 0 — Ditto, 1933, GJ .. 09 10 0 •— Ditto, 1933, 5} .. — 101 10 0 Ditto, 1936, 51 . . 101 0 0 — N.Z. INSCRIBED STOCK. War Loan, 1938, 4J . 100 0 0 — Ditto. 1939. 4i 100 0 0 ■— Ditto. 1927-41. 5i .. 99 30 0 — Ditto, 1933. 51 .. 99 10 0 — Ditto," 1933, 5J — 101 10 0 Ditto. 1030. Bi .. 101 0 0 — DEBENTURES. Auck. Gas, 1932, 5 . . 90 0 0 — Auck. Harb. Bd., 4 . — 92 10 0 Ditto, 1947. 51 .. 101 0 0 —. N.Z. Breweries, Ltd. 1 9 0 1 9 6 Gisborno Sheep. 96 0 0 100 0 0