STOCKS AND SHARES.

New Zealand Herald, Volume LXVII, Issue 20623, 23 July 1930, Page 9

STOCKS AND SHARES.

THE AUCKLAND EXCHANGE.

WEAKER CONDITIONS PERSIST.

No pronounced chango occurred in tlio investment market on the Auckland Stock Exchange yesterday. Weak conditions persist in all sections-of the market, with tho exception of Government securities. Offers for War Bonds were slightly easier, but Inscribed Stock, 1938, per cent., was done 7s 6d firmer at £99 12s 6d. More of tho stock was sought at £99 10s, and buying limits for 1939 4£ per cents, were lifted 5s to the same level without receiving any further rcsponso from sellers. Offers took a slightly firmer trend in banks, but the business done was at lower levels. New South Wales were done on tho Sydney register at £35 17s 6d, a fall of 2s fid on the level of tho last local transaction. Offers for more were raised 5s on the previous day's limits to £35 10s, j sellers asking 2s 6d more at £36 2s fid. A fall of 3d was registered by New Zealand*, which changed hands at 55* 9d. ■ Further supplies, which were available at 56s 3d, were inquired for at 55s 6d. Commercials of Australia were taken after the final call unaltered at 21s, and Nationals of New Zealand were done at £5 16s. In insurance New Zoaiands were the only shares to attract attention from buyers, who reduced their offers by 6J to 'lss. Trading in loan and agency was confined to a single sale of Dominion Investment and Bankings, which weio turned over at the current price, 20s. Practically no movement occurred in other sections of the market. In general investments offers' for British Tobaccos hardened bil to 36s 9d. For Colonial Sugars, which were sought last week at £3B, buyers, who had been out of the market since that time, returned with offers of £36. Sellers were prepared to releaso at £36 15s. Farmers' Tradings moved up 3d with sale at 8s Id, at which prieo more could bo obtained. The mining section was quiet with only slight variations in quotations. CLOSING QUOTATIONS. Buyer*. Sellers. C it. d. i' ». d. BANKS. Aiis. of Commerce .. 110 1 2 0 Australasia .. .. -7 (> Coin, of Australia .. 1 olt III! Ditto (10s pit.) .. e 10 -1 F.ns., Scot, and Alia. 5 If! 0 I'. 0 0 National of N.Z. .. f> 15 0 t> " " Nat. of Attß. (con.) (i 17 (i 7 1 0 Nov.- Kouth Wales .. 35 15 0 3n 2 l» New Zealand .. .. -IS U' '2 Hi U D pref., 20s pel. .. 1 6 0 Union of Australia .. 11 2 0 —- INSURANCE. New Zealand ~ .. - 7 " South British .. - LOAN AND AGENCY, Dominion Investment 010 '.I 1. 0 o Farmers' C'o-oii. Am-. . (A pref.) .. .. 0 37 Ditto (13 pref.) .. 0 If, .It -~ Go!dsbrou<di-Mort ' J 0 15,0 Newton Kins u>r«'f.i 012 0 N. 55. Loan and More-. b7 n u 0:: 0 0 Keliauco Loan •' - COAL. Grey Vulley .. .. Hikurangi .. .. 0 - " Ditto (pref.) .. 0 1 C Ditto (A prei.) .. Pukemiro .. .- -- / n Henown (ord.) .. 0 M !> <• If. > Ditto (pref.) .. 0 211 0 •'( - Ditto (pie)., new) 0 2 7 Taupiri .. .. 1 (i 0 Ditto (pref.! ..120 We&iporL 1 l- " CA9. Auckland ■. Ditto (eon.) . o 18 0 SHiPPiMG. Devon port S'efiin .. 12!) 1 S -| Iluddart-l'arker ... 115 0 1 j; Ditto (pref.) .. 010 '•> '• " ■' Northern Steamship " 11 '> '> 11 Ditto (con.) .. or. :: P. and O- (del. slk.* 2:! r> - •> <• Union Steam (pre!./ t t) '• timber.

National ■. -• 0 7 •( 0 0 0 l'arker-Lamb .. 011 r> " )'> 11 BREWERIES. C. li. Innes and Co. 110 Ditto (prt'E. > 110 - > N.Z. Breweries .. S 0 L 0 t> miscellaneous. Hooth-Mp.cdonald (prof.) 0 Jj f > British Tobacco .. 1 0 <• '' •' Bycroft. Ltd. .. l i:« o in <■' Colonial SuL-iir .. Ot". 0 0 UJ) Consolidated 13 rsclr -• " ' 1 Klcctro. Zinc (prof.; 1 :i ' ' '/ Fanners' Trading ('«.■ 0 "< I" " s 1 Ditto (B prof.) .. olio o o Fuller's pictures .. - - " Gear •• 1 1' llayward'a lVlure--, - ■ _ I' '■< '■> Hill ami Plumnier . ion 11.M. Theatre (pre!.) J 0 0 Kempt ho nie-Prossor Milne and Clioyco (deb. stk.) .. J4 :l • J; National Pictures ■ 0 1,5 ( ' N.Z. Farinci o' Fort. 10 8 ».,!•» Robinson Ice Crcnii'i - ' > ■ Sanford, Jjtd. .. 11 11 (l Ditto (pref.) -/ " 0 Taranaki Oilfields 0 '2 0 Tliiimea Theatre •• 030 0 - - Union Oil • ■ ■ • * }' h 11 Wliitloine : Stevenson - - 1 i'» " Wilsons Cement .. IIS r, 'J 3 0 MINING. Moanatai.ui .. .. 0 0 0 0 1 f. Ditto (2s 8d pd.) .. - 0 0 8 Kav.arau . . ■ • 0 0 'J 0 0 0 Lucky Shot ('la pd./ -• (' ] 0 Ohiuenuiri .. ■■ 0 0 S 0 110 Waihi .. .. " ll 1 Wailii Grand Junction 0 1 0 (I - J Mount Lyeil 13 0 I ■! .1 Ditto (rights) .. 0 - 3 0 •'■> TINFIELDS. Ivampong Lanjut 0 IS 0 N.Z. GOVT. BONDS. War Loan. 1930. <U .. 09 3 0 Ditto, IMS, -li .. !)'•> 5 0 Ditto, 1030, 4i .. 00 ii 0 Ditto, 1011. i\ .. 09 f« I' Ditto, 1933, -V- .. O!) (l 0 Ditto, 1030. 5i •• 99 <> 0 09 10 0 N.Z. INSCRIBED STOCK. War Loan. 103$. -Ii .. 09 10 0 Ditto, 1930, I! .. 99 10 0 Ditto, 193 C), hi .. 09 0 0 00 10 0 debentures. Ak Tlnr. Bnl., '37, ;V, 9l> 0 0 07 10 0 Ditto, 1050, r.) .. or, 0 0 City Oi Ak., •■lO. 5; or, 0 0 07 0 0 Ditto. 1010, 51 .. 01 0 II 0:, 111 II Ak. I'M*. Bnl., T.o. ;*>: or. 0 0 Ak. 11os. Bid., '-If*. &; -- o 0 Bor. ut. a 11n-it. to. - 100 0 0 Auckland Ons, 1030. 5 01 0 0 Ditto, 1035. Oj •• 101 0 0 Oisborno Shoep .. 0 0 N.Z. Brcv.cru •;< ~ 11 11 Williamson's Films .

CALL AND DIVIDEND LIST. Dividends— Duo. Auckland Giis—interim, ord. ami con., S p.c. p.;i. ~ . July 29. Cmou Bank -final, hi'.f-yeurly, l'it p.c. I'.a. July. British Tobacco—pref., quarterly C,i p.c. p.ii.. I uly 31. N T insurance—final, In u share Aug. 0. Com. Uanli Aub.—final, pref., 4 p.c. p.a., ord., 15 p.c. o.u. .. Auk. 7. Farmers' I-'ertiltsur Co. -8 p.c. Auk 15. Electrolytic Zinc—ord. and pref.. final. 4 I>.C St-pt. i. Calls— Heliiinco Loan Co.—pref., 28 Cd o, share . , . Oct' 3. GROUP HERD-TESTING. SEASON OPENS NEXT MONTH. [nv TTLEGR.trn. —own connKsroNDENX.] HAMILTON, Tuesday. The 1950-31 season of tho Now Zealand Co operative IlertMeKtirtg Association f:ornnionces on August 1. The prospects for the season nrc satisfactory, although so far no details iiro available as to tho number of cows likely .to be prtt upilt')' test. A reduction has been mado in the charges for testing herds of under 50 cows, (he rates being changed to .£2 10s per herd, plus 4s per cow. Previously, the rates were £5 per herd and 3s per cow*