ON THE ’CHANGE

Sun (Auckland), Volume 1, Issue 43, 13 May 1927, Page 2

ON THE ’CHANGE

REVIEW OF THE WEEK WAIHIS FIRM Business done by Auckland brokers during the week has mostly been transacted outside the call room. The ! morning calls have been particularly quiet. War Loans and local body debentures have been in good demand, quotations for several parcels advancing slightly. Sales of New Zealand War Loan, 1936, 53> per cent., have taken place as high as £lOl 10s. With the exception of New ealands, the bank section is easier. In insurances, New Zealand, South British and National are firm, though Standard are meeting with less demand. The market for coals remains steady with a fair demand. Hetheringtons, probably as the result of the announcement of a further call, have been withdrawn, and no quotations were called to-day. Auckland Gras are still selling on a firming market. Timbers are depressed, several stocks easing during the week. Waihis, which left the market at sellers 19s, buyers 18s 6d, to-day are the only mining stocks in good tone. Moanataiaris, especially, are weak and low* in favour. In' miscellaneous, Auckland Amusement Park have weakened several points, and to-day left the market with sellers 12s 6d, no buyers quoting SALES REGISTERED At yesterday afternoon’s call: Reported—Bank of New Zealand, (5s paid). 10s 6d: Dalgety, Ltd. (rights), £2 18s; Hikurangi Coal (>->ref.), 3s Id. On ’Change—Sanford (ord.) £1 Is 6d, I (prof.) £1 Is 6d. At this morning’s 10 o’clock call: Reported—Occidental-Una (con.), Bfcd. On ’Change—New Waiotahi (con.), 9d. At to-day’s mid-day call: Reported —Bank of New Zealand (5s paid), 10s 3d; South British Insurance, £2 14s 3d; Auckland Gas (con.), 15s: Northern Steam, 13s 9d; Checker Taxi, 18s 3d: New Zealand War Loan, 1936, 55 per cent, £lOl 10s. MID-DAY QUOTATIONS

Closing quotations at mid-day toSellers. Buyers. BANKS— £ s. d. £ s. d. Bank of Australasia 14 15 0 14 10 0 Commercial Bank of 1 10 En?,, Scot, and Aus. 8 10 0 8 7 0 Nat. Bk. N.Z., Ltd. 7 4 0 Bank of Australasia new* issue u New South Wales . 47 Ditto (rights) 26 0 3 0 Ditto (new issue) 0 11 0 Union of Australia 15 14 0 15 INSURANCE— — 3 13 0 New Zealand . . . 1 18 South British . . . . 2 14 6 2 14 LOAN AND AGENCY— Farmers’ Co-op. Auc. 3 15 0 — Ditto (A pref.) .. 0 Ditto B (pref.) .. 0 Newton King (pref.) N.Z. Guar. Corp. .. 0 COAL— Hikurangi (A pref.) 0 3 0 0 2 1 Ditto (pref.) . .. 0 4 6 Taupiri — 1 3 3 Ditto (pref.) . . . . Waipa Westport — GAS— -Auckland 1 4 0 1 3 5 0 15 0 0 Birk. & North. 0 18 — Gisborne 0 11 0 — SHIPPING— Devonport Ferry .. — 1 7 0 Howard Smith .. .. 2 S 2 Huddart-i. . ker 0 13 0 13 Ditto (con.) .. .. 0 7 0 0 6 0 P. & O. (def. stk.) 260 Union Steam (pref.) 1 1 TIMBER— Bartholomew* .. .. 1 1 0 — Kauri Timber .. .. 1 5 3 Ueyland-O’Brien 1 17 0 National 0 14 0 — Parker-Lamb .. 1 3 — WOOLLEN — Kaiapoi 0 10 0 0 S 0 BREWERIES— C. L Innes (pref). 1 0 0 _ N.Z. Breweries, Ltd. 12 0 2 11 0 Mannings — 0 IS 6 MI SC E L LAN EO U S— Auck. Amusement . 0 12 6 — Ditto (pref.) . . . . 0 18 0 — British Tobacco 2 13 6 2 12 Bycroft, Limited . . 1 9 6 Checker Taxicab . . 0 19 0 0 17 6 Colonial Sugar (A.) 50 0 0 Dental and Medical Supply Co 0 17 6 Dom. Pictures 0 19 0 Donaghy’s Rope, ex d iv 1 12 0 Dom. Rubber . . 2 8 0 Electro. Zinc (ord.) 1 14 3 Hill and Plummer . 1 3 6 H.M. Arcade (pref.; 1 0 0 Kempthorne Prosser 3 5 0 3 2 0 Milne & Choyce 1 4 3 Ditto (pref.) .. .. 1 4 3 Ditto. B (pref.) .. 1 4 3 Ditto (deb stk.) . 1 4 3 N.Z. Farmers' Fer. 4 5 0 4 0 0 N.Z. Paper Mills . 0 18 0 Phillipps and Impey 1 13 Sanford, Ltd. . . . . 1 2 0 Ditto (pref.) .. .. 1 1 9 1 1 0 Taranaki Oil . . 0 10 0 Thames Theatre .. 1 0 0 0 15 Tonson Garlick 0 16 0 0 13 0 Union Oil 2 2 0 1 IS 0 \\ iseman and Sons (ord.) 0 S 6 Wilson’s Cement.. 1 15 0 1 14 6 MINING— Alburnia 0 4 0 9, 10 Ballarat (con.) .. .. 0 0 6 Moanataiari (con.). . 0 3 S 0 3 0 Empire Reefs (con.) 0 0 8 Golden Age (paid) 0 0 9 0 0 7 Ditto, (con.) . . . . 0 0 Kawarau 0 3 0 0 2 S Kuranui .. 0 0 8 Lucky Shot (2s pd) 0 9 Ditto (con.) .. .. 0 2 2 Maoriland (con.) . . 0 1 9 Majestic 0 0 9 New \\ aiotahi (4s paid) 0 1 6 0 0 11 Ditto (con.) .. .. 0 0 11 0 Nonpareil (con.) 0 0 9 Occidental-Una (con.) 0 0 9?, 0 0 11 Ohinemuri 0 4 11 Waihi 0 19 0 0 18 Waihi Gd. June. — 0 1 0 DEBENTURES— Auckland Gas 1932, o per cent. . — 92 0 Ditto, 192S, 6i 99 Auckland Harbour Board, 4 per cent. 85 0 0 Ditto, 6 103 City of Auckland, 1940, 5$ p.c 96 0 0 Bor. of Devonport, 6 100 0 0 Bor of .V, t Eden. 0 Borough Hamilton, 6 104 0 0 N.Z. Breweries . . . . 1 4 0 1 10 Milne & Choyce .. 96 0 0 N.Z. Milk L20 0 Glaxo 87 10 0 GOVERNMENT BONDS War Loan, 1930, 4J 97 6 Ditto, 1938, 4 h .. Ditto, 1939, 4/, . . Ditto, 1941, 4| .. Ditto, 1933. 51 101 Ditto, 1936, 5£ . . 101 10 0 101 5 0 INSCRIBED STOCK War Loan, 1938, 4£ 97 5 0 97 Ditto, 1939, 4 i . . 97 5 0 97 Ditto, 1927-41. 5$.. 0 Ditto, 1933, 5£ .. Ditto, 1936, .. — 101 2 6