ON THE ’CHANGE

Sun (Auckland), Volume 1, Issue 40, 10 May 1927, Page 2

ON THE ’CHANGE

TIMBER STOCKS SELLING AUCKLAND GAS AT £l/3/6 Average business was recorded on the Auckland Stock Exchange this morning. Insurance stocks are strong and in good demand. Timbers are depressed, but two sales are recorded. , , Government and local body debentures are in good demand on a llrm market. SALES REGISTERED At yesterday afternoon’s call: Bank of New South Wales (£47 10s); JNev, Zealand Insurance, £1 lSs 3d; South .British Insurance (£2 14s); jNational Mortgage and Agency (£3 bs bd); Bartnoiomew Timber (£1 Os oa), Ohinemuri Gold and Silver, 4s 9d. At this morning's 10 o'clock call: vYaihi 18s sd. At the mid-day call, New Zealand Ins., £1 18s 3d; Kauri Timber £1 5s 6d; ALickland Gas, £ 1 os bd. MID-DAY QUOTATIONS Closing quotations at mid-day to-

OTHER EXCHANGES Wellington.—Sales on ’Change: Wright, Stephenson (pref.), 17s. Reported: New Zealand Paper Mills (cum div.), 17s 6d. Christchurch.—Sales reported: Evans’s Atlas Flour, 325; New Zealand Insurance, 37s 9d. Sales on ’Change: National Bank of Australasia (£5 paid, cum div.), £8 Dunedin.—Reported: Bank of New Zealand, 60s; National Insurance, 745. LONDON EXCHANGE RATES The Bank of New Zealand advises a further alteration in the schedule of London -exchange rates operating from May 9:

day were: — Sellers. Buyers. BANKS — £ s. d. £ s. d. Bank of Australasia 14 17 6 14 14 0 Commercial Bank of Australia Ditto (pref.) .. •• Nat. Bk of Aus. New South Wales . Do., rights .. .. New Zealand .. . . (5s pd.) .. •• 0 11 Union oi Aus 15 1N S U R A N CE — 15 1 18 IS 2 14 Standard a 2 16 LOAM AND AGENCY— Dalgety & Co. (rts.) — * 2 10 0 Farmers' Auct 15 Ditto A (pref.) .. 0 18 Ditto J3 (pref.) .. 0 Newton King (pref.) N.Z. & River Plate l 8 N.Z. Guar. Corp. .. 0 9 6 N.Z. Doan & Merc. 95 Ditto (pref.) .. .. 8b 0 81 COAL — 0 G 6 0 4 6 Hikurangi (pref.) .. 0 4 Ditto A (pref) .. 3 Taupiri 1 4 0 1 Ditto (pref.) .. .. Waipa Westport .. — GAS — Auckland 1 3 6 1 3 5 Ditto (con.) .. .. 0 lb 0 0 14 6 Birk. & North. 0 18 0 Gisborne .... .. u 11 0 0 10 9 SHIPPING— Devonport Stm. Fer. — 1 6 9 Huddart-Parker 8 3 2 8 Ditto (pref.) .. .. 1 0 0 Northern Steam .. 0 14 0 13 Ditto (con.) .. .. 0 6 9 0 6 P. & O. (def. stk.) 260 0 0 Union Steam (pref.) 1 1 0 1 0 0 TIMBER— Bartholomew .. — '0 19 0 Kauri 1 5 9 1 5 3

Leyland-O’Brien 1 18 6 — National 0 14 0 — Parker-Lamb .. 1 3 0 — WOOLLEN— Kaiapoi .. . _ . . . . 0 10 0 Wellington (pref.) 8 S 6 — BREWERIES— C. L. Innes (pref). 1 0 0 N.Z. Breweries .. .. 2 11 9 — MISCELLANEOUS— Auckland Amuse 0 14 2 — Ditto (pref.) .. .. 0 19 0 — A. J. Entrican .. .. 0 19 0 British Tobacco 2 13 6 2 12 6 Bycroft, Limited .. 1 9 0 Checker Taxicab 0 19 0 Dental and Medical Supply Co 0 17 6 Dom. Pictures 0 19 0 Dominion Rubber . . 2 8 0 Electrolytic (ord.) 1 14 6 Ditto, (pref.) .. 1 14 9 Grey & Menzies 0 12 6 H.M. Arcade (pref.) 1 0 0 Kempthorne Prosser 3 4 0 1 0 Milne & Choyce 1 4 3 Ditto (pref.) .. .. 1 4 3 Ditto. B (pref.) .. 1 4 3 Ditto (deb. stk) . 1 4 6 N.Z. Farmers’ Fer. 4 4 0 3 19 6 N.Z. Paper Mills . . 0 18 6 Phillipps and Impey 1 13 Sandford Ltd 1 2 3 1 1 6 Ditto (pref.) .. .. 1 2 0 — Taranaki Oil 0 11 0 0 9 0 Thames Theatre . . 1 0 0 0 15 6 Tonson Garlick .. . . 0 16 0 Union Oil 2 0 1 ID 0 Wiseman (ord.) 0 8 6 Wilson’s Cement . . 1 15 3 1 14 3 MINING— Alburnia 0 3 2 0 2 S Ballarat (con.) .. .. 0 0 6 — Moanataiari (pd.) 0 3 2 Ditto, (con.) . . . . 0 4 3 0 3 Golden Age (pd.) 0 1 0 0 0 6 Ditto, (con.) .. .. 0 0 5 Kawarau 0 3 0 0 9 Kuranui 0 0 8 Lucky Shot (2s pd.) 0 2 9 0 2 Ditto, (con.) . . . . 0 2 5 0 Maori land (con.) .. 0 2 0 Majestic 0 0 9 0 0 35 X. W r aiotahi (4s. pd.) 0 1 6 0 1 0 Ditto, (con.) 0 1 0 0 •o 9 N. Zeehan Consol. . 0 1 0 Occidental-Una (con.) 0 0 105 0 0 7 Ohinemuri 0 4 11 0 1 7 Waihi 0 18 6 0 18 5 Waihi G. J 0 1 6 0 1 0 DEBENTURES— Auckland Gas 1932, 5 per cent 92 0 0 Ditto 192#, 65 99 0 9 City of Auckland, 1940, 51 p.c 96 0 0 Auck. Elec-Power Board 98 0 0 Bor of Devonport, 6 100 0 0 '.or of Mt Eden 65 105 0 0 Hamilton Borough, 104 0 0 101 0 0 N.Z. Breweries . . . . 1 4 2 1 4 0 N.Z. Milk Products 120 0 0. Milne & Choyce .. — 96 0 0 Glaxo — 87 10 0 GOVERNMENT BONDS War Loan, 1930, 45 97 12 3 Ditto, 1938, 4 h — 96 0 Ditto, 1939, 45 .. 96 15 0 Ditto. 1941, 45 .. 96 5 0 Ditto, 1927, 5 . . .. 99 10 0 Ditto, 1933, 55 .. 301 Ditto, 1936, 55 . . . — 101 2 6 NSCRI BED STOCK "War Loan, 193S, 4J Ditto, 1939, 45 .. — 96 Ditto, 1927-41, 51 99 0 0 98 Ditto, 1933, 55 .. Ditto, 1936, 55 .. — 101 0 0

On Buying Selling, s. d. S. d. demand 27 6 p.c. dis 7 6 p.c. dis. 30 days . 38 0 „ 60 days . 50 0 ,, 90 days . 61 3 „ 120 days . 72 6 ,, Telegraphic exchange, 2s 6d p.c. discount