STOCKS AND SHARES.

New Zealand Herald, Volume LXVII, Issue 20628, 29 July 1930, Page 5

STOCKS AND SHARES.

THE AUCKLAND EXCHANGE.

EXCEPTIONALLY QUIET DAY.

An exceptionally quiet day was experienced on the Auckland Stock Exchange yesterday, tho volume of business being much below that of a normal Monday. Offers remained firm for Government investments although inquiry was a little slacker. Activity in local body debentures was mostly with sellers. In banks Friday's levels were for tho most part reinstated. Offers for New South Wales recorded a further advance of 10s, rising to £36 ss, with sellers raising their limits bv a similar margin to £36 15s. English, Scottish and Australians were sought Is firmer at £6 16s. Tho only insurance scrip inquired for was New Zealand, offers for which were lifted by 6d to 44s 6d, sellers asking 46s 6d. In loan dnd agency Goldsbrough-Morts wero in demand at 27s Jul, a rise of 6d over the week-end, but there were no sellers. Coals were quiet. Westpoi'ts wero wanted at 325. Tho principal business of tho day, which was all transacted at tho final call, was in gas. Aucklands changing hands 6d lower at 255, at which price further supplies wero available. Tho, contributing issuo was done at 18s 6d. the current price.

Changes wero slight in other sections of the market. Interest strengthened a sliado in goneral investments but offers remained at tho easier levels. Sanfords, which work quoted at the early call at 14s 6d, wero later sold at lis 6d, 6s 3d below the last transaction last November and the first sale since the reduction of the dividend rate from 7 to 2? per cent. .Sellers wore prepared to release more shares subsequently at 12s 6d. In mining Moanataiaris wero fold at 9d, a fall of Is on the level of the last sale in April.

CALL AND DIVIDEND LIST. Dividends— .Due. Auckland Gas—interim, ord. and con., S p.c. p.u To-day. Union Dank, final, half-yearly, 12 j .p.c. p.a. . . .. . . July HO. British Tobacco—prof., quarterly GJ p.c. pa. July 31. N.Z. Insurance—final. Is a share Ausf. 6. Com Dank Aim.—final, prof., 4 p.c. p.a.. ord.. 15 p.c. p.a. . Auc. 7. Queensland National Bunk—quarterly 2 p.c., making 9 per cent, for year Aug. 14. Fanners' Fertiliser Co.—3 p.c. Aug. 13. Dominion investment and Banking—annual, 7 p.c Aug. 13. Victoria Nyanza Sugar—lnterim, 7J p.c. . . . . Aug. 25. Electrolytic Zinc—ord. and prof., final, 4 p.c Sept. 4. Calls—lielianco Loan Co.—pref., 2s Od a share Oct. 3. PRODUCTION OF WHEAT. ESTIMATE FOR EUROPE. ROME, July 27, The InsLitute of Agriculture estimates the production of wheat for the present season in 10 European countries, excluding Russia, at 653,000,000. bushels.

CLOSING QUOTATIONS. Buyers. Sellers. X' a d X s d BANKS. Aus. ot Commerce .. 1 2 0 } 0 9 Hank of Australasia . 11 12 t; 32 0 0 Com. of Australia .. 1 1 0 I 1 1 Di'to (con.) — <» 10 0 Ditto (pref.) r. 10 0 t; IT 0 Kilt'.. Scot, and Aus. . r> io 0 5 IS 0 National of N.Z. — n 17 0 Nat. of Australasia . 13 18 0 — (1 Ditto (con.) 0 IS 0 7 o New South Wales . . 30 5 n 30 15 (J New Zealand . . '.> 15 i, 'j 10 II 1) prcf.. 20a i d. . . 1 6 8 i 8 0 Union of Australia . H r, it INSURANCE. National <' 14 3 New Zealand . . 2 i •_! 0 i; South British ... 2 19 0 LOAN AND AGENCY. Dor.iinion Investment 0 19 i, : ii i: Farmers' Co-op. Ar> (A pref.) 0 17 r, Ditto (B ine!'.) 0 10 (i GoldsbrouKh-Mort 1 7 :t Newton Kins 0 2 ii Ditto (pref.) 0 3'J ii -• N.Z. ud liiver Pla..; L iU (i N.Z. Loan and Mo." — 00 0 (i Keliance. Loan \foi!. 2 0 COAL. Grey Valley . . I ."> II HikurnuBi .... u 2 II Ditto (pref.) 0 3 0 0 Ditto (A pro:".) . . - - 'I 5 Pukemiro • 1 t 1) Renown ford.) 0 H 9 0 15 li Ditfo (prof.) . . 0 2 •J li 3 2 Ditto (pref.. new) . 0 2 7 Tauoiri I 0 0 Ditto (pref.) 1 2 0 West port. 1 12 0 GAS. Auckland 1 1 :» i .i 0 Ditto (con.) (1 1* Thames n 0 SHIPPING. Devon port Steam < 0 Huddart-Parker 1 10 <;, ! 19 Northern Steam . . 0 14 I, " U 9 Dit'0 <con.) . . 0 0 t n P. and O. (d-.'j*. ktk.) ■2 3 0 - Union Steam (pref.) 1 0 ■ I N.Z. Shipping (]>rci.; 9 2 ,: TIMBER. BirtUolomew 1 I it National (i n Parker-Lamb 0 11 (t II ii> 0 BREWERIES. , C. L. Inr.es and Co. . 1 I '> Ditto (pref.) I. I 0 in N.Z. Breweries i) MISCELLANEOUS. Booih-Mncdonnbi (p;. 1 n ■i (1 British Tobacco 1 v; •> 1 1 7 !' Byeioft. Limited . . ! 1') II Colonial Sueur 30 5 P 3 i 0 II Electro. Zinc (ord.' . I ll O 1 0 Ditto (pref.) . . I 3 1 1 0 Farmers' Trad in rr O 7 10 0 s u Ditto (B prof.) . . I) 11 0 ii i:i 1) Ilayward's Pictures . 0 13 li 11.M. Theatre I 10 0 2 2 0 Ditto (pref.) 1 0 II 1 0 Kempthorne-T'rossov .! 0 1) 3 Milno and Ciioyce (deb.stock) 1 ■< 0 1 ■'! 0 Notional. Pictures . . — 1) 13 r, N.Z. Fertiliser i 0 !» 1 1 .3 0 Robinson Ice Cream — 1 '• Sanford i) n 1) II 12 0 Ditto (prcf.) — O 19 0 Taranaki Oilfields 0 2 () 0 3 0 Thames Theatre o 11 (1 (I 10 0 Union Oil, Soap --- 1 10 0 Wairakei 0 s 0 Whittome-St ever, son ----- 1 19 t) Wilsons N.Z. Cement 1 IS «; 2 2 0 MINING. Moanataiari - • 0 0 iS 0 1 3 Kawanui 0 0 (i Lucky-Shot (-is pd.) . — 0 I 0 Ohinemuri 0 0 o 0 1 3 Waihi 0 13 V 0 11 2 Waihi Gnd. June. . 0 I 10 0 ■J. 0 Mount Lyell 1 3 ♦'» 1 1 3 Ditto (rightii 1 * . . 0 1 1! (! 2 3 TINFIELDS. Kampong Lanjut .. o is i) — N.Z. GOVT . BONDS. War Loan. 1030. 4| . . 99 5 0 .... Ditto. 1938, '11 . . 99 10 u 100 0 0 Ditto. 103!). 4} 99 10 0 — Ditto, 10-11. 11 .. 99 10 0 Ditto, 1933, 5i . . 99 0 0 99 Ditto, 1930, 51 . . — G N.Z. INSCRIBED STOCK. War Loan, 1938, 4?< .. 99 10 0 Ditto. 1939, 44 99 10 0 ... DEBENTURES, Auck. lib. Bd„ '37. 5^ 90 0 0 97 10 0 Ditto, 10-11, C 102 0 (J 103 0 0 Ditto. 1959, 51 . . , — 95 10 0 City Ancle.i 1910, 51 . — 97 10 0 Ditto, 1919, 5J 94 0 0 95 10 0 Auck 1 . El. 1'r Bd.. '50, 5 I — 95 10 0 Cambridge Pr. Bd., 1960, 5.' — 100 0 0 Bi.-r. Dovonport, '5.1, r.J — 100 0 0 Bor Ml. Albert. "C>0. too 0 0 Auckland (Ins, 1932, 5 91 (i 1) — Ditto, 193,-., <;; 101 0 0 — Booth-Macdonuld, 1932, C,\ • 73 0 0 Gisborno Sheep. . . so o 0 ... Glaxo 90 0 0 — N.Z. Breweries 1 1. t) Williamson's Films ..... lfil II 0