STOCKS AND SHARES.

New Zealand Herald, Volume LXVIII, Issue 20961, 26 August 1931, Page 5

STOCKS AND SHARES.

THE AUCKLAND EXCHANGE.

AN ERRATIC DEMAND.

A good* volume of business was done on the Auckland Stock Exchange yesterday, but a marked easing took place in the market for Government loans, for which sellers greatly predominated. Buyers' support' weakened appreciably and there was a marking down of 10s in offers for throe of tho four lines sought. Business was done in 1937 Government 5£ per cent, bonds 12s 6d lower, at £99 12s 6d, and more were quoted at £99 15s. A fall of 10s t,ook place in 1937 5g per cent, inscribed Slock, which changed hands at £99 10s and remained unsupported, although holders wore prepared to deal again at £99 15s. More attention was devoted to banks, in which levels generally were slightly easier, except in the case of New South Wales, whicn recorded an improvement of 2s 6d in a at £24 17s 6d. Commercials of Australia were secuicd & penny cheaper at 13s sd, after which they were done again a shade firmer at 13s*5Ad. More were available at 13s od, a concession of 3d on Monday s quotation New Zealands were done ad easier, at 46s 3d, with further supplies available at 465. Unions were taken twice Is 9d cheaper at £6 7s 6d. Inquiry in insurance was confined to isew Zealands and South British. A late sale on Monday of the former scrip was recorded 6d lower, at 37s 6d. t ° l ' British made unchanged rates at oUs oci. Easy conditions prevailed in other sections, which were not greatly altered. Dalgotvs were vainly asked for at to 5s A penny rise was registered by Auckland Gas, which changed hands at 23s 3d. Support for New Zealand Breweries weakened 9d, to 28s which sellers met with a quotation at M. Moturoa Oils continued to lose K'' ou " cl > declining 3d in a transaction at 4s 9d. ! There was no material change in mm- ! in.r The only business was in King S Solomons, which moved up another penny, | with two transactions at 2s lOd. i were wanted at that figure.

CALL AND DIVIDEND LIST

Dividends— Due. Bank of N.S W.—quarterly. 8s a slmro .. .. ..To-morrow Fluddn rt-Parker —interim, prof., 3 p.c.; ord. 2J p.o. . . Sept. 17 Standard Insurance— final, Is 3d a share . . . . • . Sept.

INTERNATIONAL TIN POOL. (Received August 25, 7.5 p.m.) LONDON, August 25 An international tin pool has been formed with the concurrence of the fonr Governments of the main producing countries signatory to the tin quota agreement. The pool will release tin in accordance with a sliding scale. The initial release—s per cent, of the pool's holdingwill become effective when the average London price in any completed month exceeds £l5O.

CLOSING QUOTATIONS. Buyers. Sellers. £ s d £ s , a BANKS. 0 0 Aust. of Commerce . 0 12 0 0 13 8 10 0 13 Australasia . - • • ~~ Com. of Australia . - « b 4 0 Ditto (pvef.) • • •> 1( > Ens., Scot, and Aus. . ' 6 3 15 10 0 o National of N.Z. . . — 0 0 Nat. of Australasia . 9 » Ditto (con.) • • 4 » 0 25 5 2 G 0 0 New South Wales . . 2-1 15 0 3 G 0 New Zealand . • - •> D pvef., 20s pel. . . 1 « Union of Australia . B o G 10 0 INSURANCE. National • • • • ~I New Zealand • • 11 South British . • 3 10 0 G 0 13 1 18 2 11 0 6 0 loan and agency. 3 15 A Q 0 6 Abraham and Williams Ditto (pref.) • • ~~ 0 4 A Dalgety and Co. . . 6 5 Dominion Investment 0 17 0 3 0 0 Farmers' Co-op. Auc. — 0 Ditto (A pref.) . . 0 14 0 14 1 n 0 0 Ditto (B prof.) . • — Goklsbrough-Mort . . 0 I u N.Z. and River Plato 1 1 48 0 0 14 0 0 N.Z. Loan and Merc. — Keliarico Loan (pf.) • COAL. Grey Valley • ■ ~ 0 18 1 17 0 11 1 0 0 c Pukemiro o ITenown (ord.) G Taupiri • • • ■ 6 Ditto (pref.) • . 11 GAS. Auckland • • • • } •? Ditto (con.) • • 0 lb 0 9 1 3 0 17 3 0 SKIPPING. Dovonport Steam . . 1 0 1 2 0 1" 0 8 0 0 9 0 Huddart-Parker . . — Ditto (pref.) . • — Northern Steam . . o b 9 TIMBER. Bartholomew . . • • OH Kauri ... •• 08 Leyland-O'Brien . • 0 0 0 19 0 9 0 0 1 2 0 7 0 G National • • • • WOOLLEN. 0 7 Kaiapoi . • • • 6 BREWERIES. C. L. Innes (pf.) • • ~ 1 1 0 3 N.Z. Breweries . . 1 8 6 1 9 Timaru (5s paid) . . 0 5 9 MISCELLANEOUS. 9 0 0 6 10 British Tobacco • ■ 1 3 0 1 3 1 8 34 15 1 0 0 5 Bycroft, Limited . . — 0 Colonial Sugar . . 33 0 Dominion Pictures .. — Fanners' Trading . . 0 5 7 Ditto (A pref.) .. 0 14 6 0 12 0 15 0 6 Ditto (D pref.) . . 0 !) B ITill and Plummer . — 0 H.M. Theatre (pf.) * 0 13 Kempthorne-Prosser 2 12 6 Milne and Choyce 0 19 0 18 0 5 0 7 0 6 1 0 (deb. stock) . . — Morris-Hedstrom . . — Moturoa Oil • • 0 4 7 National Pictures .. 0 3 0 N.Z. Fertiliser . . 0 10 0 — N.Z Paper Mills . . 0 17 (> — N.Z. Rcfri*. (con.) . 0 3 6 0 3 9 0 0 I'oli in son Ice Cream 1 0 0 10 Snnford • ■ • • " Ditto (pref.) . . •— 0 19 0 0 Tanmaki Oilfields . . 0 1 Thames Theatre . . 0 10 G 0 15 0 0 0 Union Oil. Soap . . —• 3 1 G "Wilsons N.Z. Cement 1 1G 1 17 Woolworths (N.Z.) (pf.) 1 3 9 1 5 0 MINING. Blackwnlor . . • • 0 2 3 0 2 10 3 0 Moanatuiiiri . . • • — 0 1 Ditto (Is fid pd.) . 0 0 Consolidated Gold. . 0 0 G 0 0 0 1 9 Cornish Point . . 0 0 G I Ka warnn 10 0 0 7 11 Kins Solomon .. 0 2 0 2 Koninfsi Reefs . . 0 0 10 0 1 I Mahakipawa (pref.) . 0 0 8 0 15 8 Wnihi •• 015 b Wnilii Grid. June. .. 0 3 8 0 3 11 Okarito . . . . 0 9 b 0 10 3 0 Mount L:.*ell . . o lb 9 0 17 TINFIELDS. Kuala Knmpar • • 0 4 0 0 6 0 Pnwang ■ • •• 0 4 0 0 o 0 N.Z. GOVT. BONDS. AVer Loan. 1938, 4* . — 0 98 0 0 Ditto. 1033. 51, tux. OH 0 99 15 0 Ditto. 1037. 6J. tax. 00 10 0 N.Z. INSCRIBED STOCK. War Loan. 1938, 4 4 — 97 5 0 Ditto, 1030, 4 4 97 10 0 Ditto. 1037 51. tax. 05 0 0 98 0 0 Ditto. 1033, 54. tax. — 99 10 0 Ditto, lim. 54, (ax. — 1)9 5 0 Ditto, 1032, 54, tax. 90 0 0 100 0 0 Ditto. 19)7, 54. lax. - 99 15 0 DEBENTURES. Aek. Hnr. Hd„ '37, 5J 90 0 0 — Ditto. 19r,l. 54 . . 98 0 0 — Ditto. 1041, 6 .. 102 0 0 — 0 Thames, 1011, fi — 98 0 City Auric., 1910, 5} 9(1 0 0 — Ditto. 1914. 54 . 98 10 0 — 0 0 Kapongn E.P.B., '51. 52 — 100 0 Devonport, 1914, f> . . — 103 0 Mt. Albert, 1959. (4 . . — 103 0 0 Mt, Eden 1964. 55 . . - 100 0 0 Mt. Poskill 1900, 53 . 99 0 0 — 0 Tnkfipuna. 1915. 6 . . — 103 0 Ditto, 1934. £ — 102 0 0 Ditto. 1914. 54 — 0 100 0 0 Aurk. Gas, 1032. 5 . 97 0 — Ditto. 1935, fii . . 101 0 0 — N.Z. Breweries . . 11 3 95 0 Williamson's Films . <— 0