Markets and Money

Sun (Auckland), Volume 1, Issue 35, 4 May 1927, Page 2

Markets and Money

A Review for Business Men —

ON THE ’CHANGE ONLY AVERAGE BUSINESS MINING STILL WEAK Only average business was recorded on the Auckland Stock Exchange this rooming. Mining is registering more activity, but several parcels are weak. Kawarans have eased during the last few days, and Albtrraiajs are als_ weaker. The coal section continues to see Hetberington stocks weak, and today sellers have further reduced tfcelr demands to 5s fid. Waipa’s came or, the market at the 10 o’clock call at 14s 3d, but were withdrawn again at noon. Government and local body securities continue in good tone. SALES REGISTERED At yesterday afternoon's call: Lucky Shot (con.), 2s 4d: New Waiotahi (con.). 1 0d: Kawaxau, 3s 2c: Bank of New Zealand. £3: Farmers' Auctioneering. A >:pref-). (17 s 9d‘»: British Tobacco f£2 I3s>. At to-day's mid-day call: Sanford (ore. s £1 is 9d: Sanford (pref.L £1 is fid; South British Insurance. £2 4s 3d. ditto <£2 4s sd). National Mortgage Agency. £3 6s fid. MID-DAY QUOTATIONS

DIRECTORS’ DECISIONS Calls and dividends have been declared as follow: Dividends— South British Insurance Company, interim of 7s per share, due May 17. Dominion Rubber Company, final of 10 per cent., making 30 pper cent, for year, due now. National Insurance, interim of Is fid per share, due May 17. Waihi G.M. Co., Is per share, due May 25. Calls— Hauraki Mines, fid per share, due now.

Closing quotations at mic -day today were: — Sellers. Buyers. BANKS— £ &. d. S- - Bank of Australasia Commercial Bank of — 14 13 <s Australia 1 11 0 Ditto (pref.) .. .. € 15 0 Soot- and Aus. 8 11 0 Nat. B.k. N.Z, Ltd. National Bank of 1 * 0 — Australasia (con.) 8 © New Zealand . . 3 0 © 2 IK s Lit to (new issue), i.s /0 11 € Union of Aus. 35 14 © 25 12 G INSURANCE— New Zealand 2 IS 1 € South British .. . . 2 14 6 2 14 0 Standard — 2 16 6 LOAN AND AGENCY— Abraham and WULiams (pref. > .. .. 4 0 0 Farmers' Auct .. .. 3 15 0 Ditto B > .. 0 :c National Mori. € Newton Kang (pref.) 0 15 0 N.Z. Guarantee ''.or. 0 K N.Z. Loan *5 <i ! (i Ditto (pref.) .. .. 85 v 0 81 9 0 COAL— Kethcrington (con.) fl 5 6 0 4 - Hikurangi 0 2 6 Ditto (pref.) .. .. Ditto (A pref.) .. 0 2 € 0 0 Pukemiro 3 0 Taupirl 1 e Ditto (pref.) .. .. 1 2 € Waipa GAS— 0 13 6 Auckland 1 3 € 1 z 5 Ditto (con.) .. .. 0 15 9 0 14 6 Gisborne 0 11 0 — SHIPPING — Devonport Steam .- 1 € Hu d dar t - Pa r ke r 2 * 0 6 Ditto (pref.) .. .. 1 © Northern Steam .. 0 14 0 23 6 0 6 0 6 3 P. & O. Cdef. stk) 260 0 0 Union £team (pref.) — 1 9 0 TIMBER— Bartholomew .. . . 1 1 6 0 IK 0 Kauri 1 6 0 1 0 National 0 14 6 — Parker-Larnb -. .. 1 3 0 — BREWERIES— C. L lanes (pref). 1 0 0 N.Z. Breweries .. . . 2 12 0 —

, W1STK1JANEOCS— Atl r-2rtan d Am tZSC f 14 ? c * ¥ — 1 British Toba.cc;. f. j Bv croft, I. * p 1 j Checker Taxu .. -- 4* is - - - ] iAes.) Cl ' T 'vencal anfi Med-cC • Supply Co, f* 6 — I •; n&glty f r«: :*e — »om. Rubber - Electrolytic ford.) : 4 r:ao -- - 4 ■ Grey a: H.-i: Plummer . € — H.. I»C Arcade : r t - JIJdc dc rnoyce 2 D;rto (tref.) .. .. D-TLo. B <pref > -. * I*:eta de_ ?’.k ' . < N Z. Farmers r«r. • X Z. Paper Mills € N.Z. Refri^reratinc j ( con. > Northern 0 pv.Zipps ana ixnpey — 1 Dirt© <pref. > -. - - 1 2 t 1 © *» It | Union Oil 2 VTiReman ord t 4* 1 Wilson's Cement . - 3 A MIXING— Albnmia © s 2 © 2 1 Ballarat <con > -- .. — ; Moanataiar: (cor.) .. 4 <« . Kc-mata Reefs . - - - © <» j Kmaand Lt'Ory re . : • Zs pc.> 0 4> i Ditto t con • Maori land (coa.) © ■ Majestic © 4* > X. Wait© tain > ~s Ditto icon-» .... * 2 Neir Zeehan Goa * 1 Occidental-L na i con. > 0 0 ' Ohlnemnrl - WaHii Grand Jane. . — , A USTRALIAX— j Mt Lyell 1 8 € — 1 DEBENTURES- < 1- per cent. . 0 © Ditto l$2S. Auckland Harbour Board. 4 p.c. .. .. 4.=. ICS 0 0 . City of Auckland. 1&4$, p.c_ . .. Auckland Electric 1 Power Board ::: 0 0 10 Bor 0* Devonport, 6 V etor of M * Eden. C 5 m N.Z. Breweries . . -. - 1 4 4 Milne 6: Cboyce .. j Glaxo -- — §7 10 : GOVEEN'MENT BONDS— i War Doan. 1S30. — 5*7 12 $ | Ditto, IK'-?. 4i .. — J*5 - € j Ditto. 29, 4 s i-S < Ditto, 15*41, 4- .. Vf. 0 <• Ditto. :ks. 54 102 0 ! Ditto, 193€, - - - - — 1©1 a NSCP.IBED STOCK- ! War Doan. llrSR, 4- — S-€ 12 € Ditto, 1SSS*. 41 — s*e :r 0 Ditto. 1SS3. !•; .. iei 0 301 0 0 Ditto. IS** 5i .. — 101 0 0