STOCKS AND SHARES.

New Zealand Herald, Volume LXIX, Issue 21153, 9 April 1932, Page 7

STOCKS AND SHARES.

THE AUCKLAND EXCHANGE. STATE LOANS FLUCTUATE. Support for si, per cent. Government loans weakened on (he Auckland Stock Exchange yesterday following the announcement of the Government's financial proposals. If anything, holders showed less inclination to trado and there was a general diminution in turnover compared with other days since Easter. Following an advance of 5s in offers for 1938 4£ per cent, bonds to £93 ss, holders dropped their price a similar amount to £93 15s without completing any business. For 1937 5.} per cent, bonds (Feb-ruary-August) buyers lowered their bids 5s to £96 10s and by a similar amount to £96 15s for tho September-March issue. Both issues of 1937 SJI per cent, stock were sought 15s easier at £96. Dealing took place in 1938 per cent, stock (May-November) at £93 ss, an advance of 15s on tho last sale, which was recorded before Easter. A fall of 15s occurred in 1936 5£ per cents. (FebruaryAugust), which changed hands at £96 ss. In debentures Auckland Harbour Boards were taken twice unaltered at £IOO. Slightly unsteady conditions ruled in banks, in which a number of lines in demand tho previous day failed to find support. Offers for most of the issues sought were a shade easier. Unions were done again at £6 15s and subsequent quotations were reduced 2s 6d to £6 17s 6d. Other sections showed little movement. Colonial Sugars had sale equal to late rates at £36 and more were wanted at £35 15s, which is 5s firmer than the previous day's offers. Wilsons Cements were released again at 265, -at which price there was a demand for further supplies. The principal change in mining was a slackening of interest in Waihis, which were sought 2d cheaper at 16s Bd. They were firmly held at 17s.

CALL AND DIVIDEND LIST. Dividends— Due. Amalgamated Zinc (Do Bavays), Ltd. —half-year. 5 p.o. p.a. To-day. Electrolytic Zinc, prcf.—halfyear ended Dec. 31, 1930, \ p.c. Apl. 14. Broken Hill South—3Bth Is a share (payable in Melb.) .. Apl. 15. Timaru Brewery—final, 32 p.c. Apl. MORRINSVILLE HORSE FAIR. The Farmers' Co-operative Auctioneering Company, Ltd., reports having held a horse sale at Morrinsville on Thursday, when 85 horses of nil classes came forward. There was a fair demand for Rood reliable draught, horses and cood stamps of hacks. Heavy draughts made from £l9 to £32; cood medium draughts, £ls IDs to £25; useful farm horses, £ll to £l9: aged horses, £3 15s to £lO 10s; good hacks and hunters. £7 to £l2: other hacks, £3 to £6 15; poorer sorts, to £2 10s.

CLOSING QUOTATIONS. Buyers. Sellers . '£ 8 d £ 8 d BANKS. Com. of Australia . . .0 13 9 0 13 11 F.npr.. Scot, and Aus. 3 17 6 — National of N.Z. 3 G 6 — 0 New South Wales . . — 25 5 New Zealand . . 2 3 1 2 3 6 D pref., 00s paid . 1 5 0 fi 17 Union of Australia. . <; 12 6 6 i INSURANCE. National — 0 12 4 New Zealand .. — 1 .17 0 South British . 2 8 0 2 10 0 Standard -- 2 0 0 LOAN AND AGENCY Abraham & Williams (pref.) — 3 13 0 Dominion Investment — 0 17 G Farmers' Co-op. Auc. — 2 1 0 Ditto (A nref.'i 0 12 0 — 0 (ioldsbrousili-Mort .. 1 1 3 1 2 National Mortg. -- 2 2 0 N.Z. River Plate . . 1 0 fi — N.Z. Guar. Corp. (ord.l 0 3 10 •— Traders' Finance Corp (7s (id paid) 0 2 fi — Ditto (pref.) 0 14 0 — « COAL. Grey Valley .. 0 10 0 (1 17 6 Pukemiro — 1 8 fi Westport . . . .. —■ 1 1 0 Westport-Stockton .. 0 0 6 0 1 0 Ditto (pref.) 0 0 6 — GAS. Auckland 1 0 9 1 1 0 Ditto (con.) . 0 11 3 0 15 0 Birkenhead — 0 S 3 SHIPPING. Devonport Steam 0 If, 0 __ Northern Steam . . 0 3 9 — P. and O. (def. stk.) t n 0 1 3 6 Union Steam (pref.) 0 19 6 — TIMBER. Bartholomew 0 7 0 0 13 0 Kauri . . . . 0 7 0 0 9 fi Le.vland-O'Brien — 1 0 0 National —- 0 G 9 WOOLLEN. Kaiapoi (1 5 0 0 7 0 BREWERIES. New Zealand . . 1 2 6 1 3 fi J. Staples and Co. .. 1 2 fi 1 3 6 Tooth's 1 2 3 — MISCELLANEOUS. Adair Bros 0 17 0 A. J. Entrican (pref.) .— n 17 0 Australian Glass 1 0 3 1 10 fi British Tobacco 1 5 4 1 fi 0 Burns-Philp . . * . 1 13 0 — B.vcroft, Limited 1 fi 0 1 7 fi Colonial Sugar DonriRhy's f?ope 35 15 0 36 10 0 1 8 fi — F.lectro. Zinc (pref.) 0 19 fi .— Farmers' Trading Co. 0 5 4 0 5 6 Ditto (B pref.) — 0 11 0 Grev and Me.nzies . . .— 0 fi fi H.M. Theatre .— 1 10 0 Kempthorne-Prosser . 2 3 0 — Milburn Lime — 1 8 0 Milne and Choyce (B pref.) — 0 19 0 Ditto (deb. stock) — 0 18 0 Moturoa Oil 0 1 6 0 3 0 N.Z. Farmers' Fert. — 0 14 0 N.Z. Paper Mills 0 17 9 0 19 3 N.Z. Refri2. (con.) .. 0 4 o 0 4 fi Otaco Daily Times . . — 2 3 G Robinson Ice Cream 0 lfi 0 0 18 0 Snnford . . 0 2 6 .—. Ditto (pref.) — 0 39 0 Tnranaki Oil . 0 0 5 • 0 0 10 Tonson Garlick .. — 0 4 6 Union Oil — 1 3 0 Wairake.i . 0 1 0 — Wilsons Cement 1 6 0 1 6 4 Wool worth (N.Z.). (rishts) — 0 3 o MINING. Blackwater 0 (i 0 0 7 fi Con. Goldfields 0 2 4 0 2 7 Cornish Point . 0 0 1 0 0 3 (iolden Dawn 0 5 3 0 5 10 C, olden Terrace Ex. .■ — 0 5 0 Kawarau — 0 0 (i K iuir Solomon . . 0 1 0 0 1 6 ■Komata Reefs 0 0 9 — Mahakipawa 0 0 1 0 0 fi N.Z. drown Mines . — 0 0 10 Okarito 0 9 G 0 10 0 Wa ihi 0 lfi 8 0 17 0 Waihi Grand June. . 0 3 8 0 .4 0 Mount L.vcll 0 18 2 0 19 0 N.Z. GOVT . BONDS. War Loan. 1938, -15 . . 93 5 0 93 15 0 Ditto, 1939. 41 93 5 0 — Ditto, 1933, 51, tax. 98 5 0 Ditto, 1 93ti, nj, tax. 9H 0 0 — Ditto, 1937, 51, tax. (Feb.) or. 10 0 — Ditto, 1937, 51, tax. (Sept.) 91 i 15 0 — N.Z. INSCRIBED STOCK • War Loan, 10138, 4J . . 93 0 0 — Ditto. 1039, 41 93 0 0 — Ditto. '27-41, 54. fax. — 92 10 0 Ditto, Tim, 51, tax. — 97 JO 0 Ditto, 193(5, 61. tax. 9G 0 0 97 5 0 jjittn. 1937, 51. tax. (Feb.1 9G 0 0 — Ditto. 1937, 51, tax. (Sept.) 90 0 0 — DEBENTURES Ak. Ifar. Bd.. '37. 51 97 0 0 Ditto, 1941, ('. . . 100 0 0 101 0 0 C'itv of Akld., '40, 5i — 97 0 0 Ditto. 1953. 51 ■.. — 9G 10 0 Ak. Firn Bd., '39. 11 — 102 0 0 Hamilton, 1943, 53 . . — 100 1(1 0 Jtaiiraki I'Inins, '111, fi — 100 0 0 Kaponrja T.B., '34. 15 — 100 .0 0 Mi. Albert, 19r.3, gj . — 101. 0 0 Ditto. .1903, 51 — 99 0 0 Mt. Rden, 19(50, 52 — 101 0 0 O \C o — 99 0 0 Mn.nuiiui T.B., '5fi, fi — 103 10 0 Otahuhu. 19iil'. 6 — 100 0 0 Pnpatoetoe. 1900, (i . . — 101 0 0 Auckland Gas. '35, (51 — 102 ]0 0 Booth-Macdonald . . __ 70 0 0 N.Z. Breweries 1 0 0 —