THE SHARE MARKET

Wanganui Chronicle, Volume LXXXIII, Issue 19866, 14 June 1927, Page 9

THE SHARE MARKET

DOMINION EXCHANGES. YESTERDAY’S TRANSACTIONS. [Per Press Association.] AUCKLAND, June 13. Sales on ’Change.—Bank of Australasia, £l4 15s; National Bank of Australia, £l7 6s 6d; South British Insurance, 58»; Hikurangi (pref), 3s 4d; ditto (A pref.), 2s 6d; Auckland Gas (con.), 14s lid; Albumia, 4s Bd, 4s 9d; Kawarau Goldmining, 2s 7d; Oceidenral Una (con.), 7|d, 8d; Waihi Grand Junction, is 3d. CHRISTCHURCH, June 13. Sales Reported.—N.Z. Government 4J per cent. Inscribed Slock, 19.38, £97; National Bank of New Zealand, £7 3s 6d; Bank of New South Wales £25 19s, £25 7s 6d; Mt. Lyell (cum. div.), 27s lid, 28s; Grand Junction, Is Id. Sales on ’Change.—Bank of Adelaide (cum rights), £9 10s: Bank of New Zetland (cum div. and bonus), 60s 7d; N.Z. Refrigerating (con.), 6s 7d; Christchurch Gas, 24s sd; Grand Junction, Is Id; Commercial Bank of Australia, 29s 9d; Whitcombe and Tombs, 70s. DUNEDIN, June 13. I Sale on ’Change.—Kawarau Goldmining, 2s 4d. Sales Reported —Union Steam (pref.), 20s 4d; New Zealand Paper Mills, 16s 3d; Westport Stockton, Is 7d; National Bank, £7 3s 6d.

LOCAL AGENTS' ADVICE. Messrs C. F. Millward and Co. advise:— , I The Gale is on her way south. • ' The Breeze is due on Friday from southern » : ports. ; The Calm returns to the South to-day. ' The Storm arrives on Thursday from the 1 south. ; The Ihumata arrives shortly from I I Newcastle and Sydney. ! The Gabriella arrives early in July from i 1 Sydney. " j • [ Messrs S. Holm and Co. advise: — ' The Holmdale is due from southern ports on ! Thursday. Messrs Johnston and Co. advise: — ' The Whangape leaves for Hobart as soon j as weather conditions permit. ! The Arapawa sails to-day for Onehunga. I The Inaha sails to-day for Wellington. i Messrs A. Hatrick and Co. advise:— The Kapiti arrives to-day from Wellington. The Invercargill leaves to-day for Wellington. • ! Messrs J. H. Cock and Company advise;— The Titoki should arrive to-day from Westj port, via Picton. GENERAL NEWS. By steaming 57 Smiles in a day of 23 hours j jat an average speed of 25.13 knots the Cun- • . ard liner Berengaria, which arrived from NewYork on April 19, established a record run . from noon of the previous Thursday to noon i Friday. Her previous record had stood since , June 28, 1923 —on an eastbound voyage. At that time she covered 382 miles in a day oi 23 hours 19 minutes, at an average speed of 24.96 knots. Herr Mathieson, a German engineer, has invented a floating dock which, he says, will accommodate ships of up to 15,000 tons in the open sea, so that such vessels can be repaired without coming into port. The chief purpose of the dock would be for salvage work, and has gripping hooks with which weights up to 4200 tons can be raised. The dock is submersible, and can steam at a speed of. 14 knots. It is built on the submarine principle, with air chambers and compressors. Considerable interest at Home was taken in the demonstration at Walker in April of the special unloading gear with which the steamer Valley Camp is equipped. She is the first self-unloading vessel to be constructed .in . England, and has been built by Messrs Swan, Hunter, and Wigham Richardson, Ltd., to the order of Mr. J. playfair, of Midland, Ontario, for service on the Great Lakes. Mr. L«athano I). Smith, of Sturgeon Bay, Wisconsin, U.S.A., is the patentee of this new gear, which briefly, consists of two drag scrapers working in tunnelh under the ship’s floor. The cargo (coal, grain, ore, sand, and the like) is fed inside the tunnels and the scrapers discharge it on to a single belt conveyer coming above the deck, and it then proceeds shorewards by means of an overside conveyer boom 85ftj long, which is able to discharge at a maximum distance of 70 feet from the ship’s side to an elevation of 30ft from the ship’s deck,, at a capacity of 600 tons an hour. The equip-! ment has a particular advantage in being able to discharge at a point where no dock gear is installed or to tranship direct into a ship’s) hold. | ■VESSELS WITHIN WIRELESS RANGE, | Awanui.—Aorangi. H.M.S. Diomede, Hau- j raki, Kaitangata, Kaitoke, Maheno, Maunganui, Tekoa, Tofua, Waipori, West Calera, West Nivara. Chatham Islands.—NlL V/e'ungton.—Arahura, Manuka, Tamahine. Marama, Wahine, Tutanekai, Tairoa, KawaI I tiri, Antonio, Kauri, Canadian Pioneer, Moeraki, Huntingdon, Rotorua. Awarua.—Nil. INTERCOLONIAL SERVICE. Ulimaroa left Sydney June 10 for Auckland; due Auckland June 14. Marama left Wellington June 10 for Sydney ; due Sydney June 14. Moeraki left Melbourne June 3 for Wellingj! ton, via southern ports; due Wellington Juno : 11; leaves Wellington June 13 for Melbourne , direct. Maheno left Auckland on June 10 for Sydney; due Sydney June 14; leaves Sydney June 17 ; due Wellington June 21. PACIFIC MAIL SERVICES. Tahiti left Wellington May 24 for San Francisco, via Rarotonga and Papeete; arrived : San Francisco June 10. Makura left San Francisco May 18 fol Wellington and Sydney; due Wellington Jua« 6, Sydney June 11. Maunganui left Sydney June 2; Auckland June 7 for Vancouver, via Suva and Honolulu; due Vancouver June 24. Aorangi left Vancouver June 1 for Auck-. land and Sydney, via Honolulu and Suva;. due Auckland June 20. OVERSEAS VESSELS. INWARD BOUND. WIRRAL—Left New York May 15 for Auckland, Napier. Wellington, Lyttelton, Dun- ; edin, Wanganui: due Auckland June 25. j PORT DUNEDIN—Left London May 20 for j Wellington, Auckland, Napier; due Welling') ton June 25. lONIC—From London, left Southampton ( May 20 for Wellington, Lyttelton. Port Chai- ) mers, art I Bluff; due Wellington June 27. | MATATUA —Left Liverpool May 22 for , Auckland, Wellington, Lyttelton, Dunedin ; due Auckland June 28. WEST CALERA—Left Los Angeles May 21 ; for Auckland, Hobart, Melbourne, Sydney; due Auckland June 15. HAURAKI—Left San Francisco May 27 for Auckland, Melbourne, Adelaide, and Sydney; due Auckland June LB. MAIMYO—Left New Yoric May 26 for Auckland, Welington, Lyttelton, Dunedin, Newcastle; due Auckland June 30. CANADIAN SEIGNEUR Left Sydney (Cape Breton), June 1. for Auckland, Wellington, Lyttelton, Timaru, Dunedin; due Auckland July 12. CAMBRIDGE—Left Liverpool June 4 for Auckland, Lyttelton, Port Chalmers; due Auckland Jttly 11. IKAL-A—Left Montreal June 4 for Newport News, Auckland. W-” : ngton, Lyttelton, Dunedin. Melbourne, Sydney. HORORATA—Leu June 3, for Suva, Wellington, Auckland; due Wellington July 16. HAGGERSGATE—Left Nauru Island June 7 for Auckland, New Plymouth ; due Auckland June 19. WAIHEMO—Left San Francisco June 4 for Apia, Wellington, Lyttelton, Timaru, Dunedin, Bluff and New Plymouth; due Wellington June 30.