STOCKS AND SHARES.

New Zealand Herald, Volume LXVIII, Issue 20965, 31 August 1931, Page 5

STOCKS AND SHARES.

THE AUCKLAND EXCHANGE. BUSINESS IN MINING. Mining shares were the most active investments on the Auckland Stock Exchange at the single call on Saturday morning. Further weakness was evident in the gilt-edged section. Tax-free War Bonds, 1938 , 4£ per cent., were sought at £94, and holders lowered their price 10s to £97 10s. All other lines quoted wero available at easier levels with the exception of 1958, 4£ per cent., tax-free Inscribed Stock for which' £97 10s was asked.

Banks were quiet and fewer supplies wero offering. Bank of New Zealands steadied and changed hands again at 445, which price was offered for more. Sellers asked 44s 6d. Levels in other sections were much on the same basis as those prevailing on the previous day. New Zealand Breweries again moved favourably, buyers lifting their offers 5d to 28s 5d and sellers advanced 3d to 29s 3d. Firm rates were maintained in mining. Two parcels of King Solomons changed hands unaltered at 3s. Cornish Points wore taken again at 7Jjd. Waihis made a current-price sale at 15s 6d and Grand Junctions were secured at 3s 9d and 3s lOd.

CALL AND DIVIDEND LIST. Dividends— _ Due. Huddart-Parker—interim, pref., 3 p.c.; ord. 2\ p.c Sept. 17 Auckland Farmers' Freezing Co. —annual, 6 p.c. . . . . Sept. 25 British Tobacco (Australia) Quarterly, li P.c Sept. 30 N.Z. Drug—interim, 3} p.c. .. Sept. Standard Insurance—final, Is 3d a sharn . . . • Sept. Bank of Australasia—interim, 5s a share (subject to English income tax and exchange) . . Oct. 2 Call— Timaru Brewery, con.—2s Gd a share . . . . . . - - Oct. 5 AUSTRALIAN WINE. HOPE FOR CANADIAN MARKET. MONTREAL, August 28. Canada's balance of trado with Australia is much in her favour. Australian grape giWers and makers of wine hope to redress the balance slightly by creating a market in Canada for Australian wine. According to Mr. William R. Nairn, of Australia, lie has already been successful in making contracts with six of the provincial liquor commissions in Canada.

BRITISH TOBACCO. QUARTERLY DIVIDEND. [BY TELEGRAPH. —PRESS ASSOCIATION.] WELLINGTON, Sunday. The directors of British Tobacco (Australia), Limited, have declared a quarterly dividend of per cent., payable on September 30, according to advice received by the secretary of the Stock Exchange, For the first quarter of the current year the dividend was per cent., bub in June the rate was reduced to per cent.

CLOSING QUOTATIONS. Buyers. Sellers £ s d £ s d I BANKS. Aus. of Commerce .. . 0 12 6 Australasia .. .. — 8 7 6 Com. of Australia .. 0 13 5 0 13 7 Ditto (pref.) 5 10 0 — National of N.Z. 3 8 0 3 14 0 Nat. of A'sia. (con.) . —. 6 0 0 New South Wales . . 24 0 0 — New Zealand 2 4 0 2 4 6 D pref., 20b paid . 1 16 6 _ Union of Australia . 6 7 6 — INSURANCE, Aus. Provincial 0 5 0 National — 0 13 0 New Zealand . . ,. 1 17 0 1 18 3 ' South British 2 10 . 0 2 11 0 LOAN AND AGENCY Abraham & "Williams 3 15 0 Ditto (pref.) — 4 1 6 Dominion Investment 0 17 3 0 19 0 Farmers' Co-op. Auc. —. 3 0 0 Ditto (A pref.) 0 14 0 — Ditto (B pref.) — 0 14 0 National Mortgage . — 2 2 0 N.Z. River Plate .. 1 1 0 — N.Z. Loan and Merc. — 48 0 0 Reliance Loan (pf.) — 0 13 0 COAL. Grey Valley 0 18 0 Pitkemiro — I 15 0 Renown (ord.) .. 0 11 0 Taupiri — 1 0 3 Ditto (pref.) 1 1 6 — Westport — 1 4 0 \ GAS. Auckland .. .. 1 3 0 1 3 3 Ditto (con.) . 0 16 9 0 17 6 SHIPPING. Devonport Steam . . 0 19 6 Huddart-Parker — 1 2 0 Ditto (pref.) .— 0 17 9 Northern Steam (con.) — 0 4 9 TIMBER. Bartholomew 0 14 0 0 19 0 Kauri 0 7 6 • 0 8 6 Leyland-O'Brien — 1 2 0 National — 0 7 6 WOOLLEN. Kaiapoi — 0 7 0 BREWERIES. C. L. Innes (pref.) . 1 1 0 New Zealand 1 S 5 1 9 3 Tooth's — 0 17 6 MISCELLANEOUS. Adair Bros 1 1 0 British Tobacco — 1 4 0 Bycroft, Limited — 1 7 0 Colonial Sugar . . 33 0 0 35 0 0 Dominion Pictures . — 1 0 0 Electro. Zinc (pref.) — 0 16 0 Farmers' Trading Co. 0 5 7 0 6 0 Ditto (A pref.) 0 14 6 — Ditto (B pref.) 0 9 6 0 12 0 Hill and Piummer . — 0 15 6 H.M. Theatre (pf.) . . 0 IS 0 — Kempthorne-Prosser . — 2 12 0 Milne and Choyce (deb. stock) — 0 19 0 Moturoa Oil 0 4 9 0 5 9 National Pictures . . 0 3 0 0 7 0 N.Z. Farmers' Fert. 0 10 0 0 10 6 Robinson Ice Cream . — 0 19 6 Sanford — 0 10 0 Ditto (pref.) .. — 0 19 0 Sharland . . . . .— 0 15 0 Tarannki Oil . . — 0 1 0 Thames Theatre 0 10 0 0 15 0 Union Oil — 1 6 0 Whittome-Stevenson . — 1 2 0 Wilsons Cement . . — 1 16 9 Woolwortlis (N.Z.), (pf.) 1 3 9 1 5 0 MINING. Blackwaier 0 2 3 0 2 10 Moanataiari . . — 0 1 3 Ditto (Is Gd paid) «" — 0 0 9 Con. Goldfields .. 0 0 6 0 0 9 Golden Dawn . . — 0 5 9 Kawarnu .. •. 0 0 1 0 0 7 King Solomon . 0 2 9 0 3 0 Komata Re.efa 0 0 10 — Mahakipawa . . .. — 0 0 9 Waihi 0 15 f. 0 15 7 Waihi Grand June. . 0 3 9 o 3 : 11 Golden Point (paid) 0 1 1 0 17 Mount Lyell 0 16 10 1 TINFIELDS. Kuala Kampar 0 4 0 0 6 0 Kawans Q 4 2 0 5 0 N.Z. GOVT. BONDS. War Loan. 1038. 4} .. 94 0 0 97 10 0 Ditto, 1937, 51, tax. — 97 0 0 N.Z. INSCRIBED STOCK. War Loan. 1938. 4i . . — 97 10 0 Ditto, 1933, Si, tax. — 98 0 0 Ditto, 1937, 5*. tax. — 97 10 0 DEBENTURES. Mt. Albert, 19G0, 5 J — 100 10 0 Whangarei B., 'til, 5! -— 99 10 0 Auckland Gas. '32, 5 97 0 0 — Ditto, 1935, 61 . . 100 0 0 — N.Z. Breweries 1 1 3 .— Williamson's Films . — 95 0 0