ON THE ’CHANGE

Sun (Auckland), Volume 1, Issue 74, 18 June 1927, Page 14

ON THE ’CHANGE

MINING NEGLECTED COAL SECTION BRIGHTER Mining and the more speculative scrip are being neglected and the present demand is for gilt-edged securities. which tend to firm. Banks and insurance shares continue in good tone, sales being made on a firm market. A brighter tone is registered in the coal section. Pukemiros passing this morning at 595, while Hikurangi are also in better demand. Waipas have firmed slightly, leaving the market this morning with no sellers and buyers offering 14s. The timber and woollen sections are depressed, buyers and sellers in most instances recording a big disparity l.\ quotations. Alburnias remain at about yesterday’s parity, and a sale is recorded at 4s sd. Kawaraus are weaker, though speculators, gambling on favourable prospects when the river reaches its lowest level, are still prepared to buy in up to Is 9d. One parcel was put through this morning at 2s. SALES REGISTERED At yesterday afternoon’s call.—On ’Change: Auckland Gas (con.), 15s; Northern Steam (con.), 6s Id; Wilsons Cement. £1 14s; Alburnia, 4s sd; Waihi, 18s 7d; N.Z. War Loan, 1938, 4i per cent., £96 15s. Reported: Union Bank of Australia, £ls 14s Cd; Farmers’ Co-op. Auctioneering B (pref.), 15s 6d. At this morning's call. —On ’Change: Kawarau, 2s; British Tobacco, £2 14s 6d. Reported: Hikurangi, A (pref.), 31s. TO-DAY’S QUOTATIONS Closing quotations at this morning’s

call were: — Sellers. Buyers. RANKS— £ s. d. £ s. d. Aus. Bk. of Com. 1 16 3 — Corn. Bank, Aust. 1 10 0 1 9 Ditto, (pref) .. .. 7 2 6 9 New South Wales .. N. Zealand (ex div.) 45 12 19 6 2 18 10 6 div.) 0 11 6 Union of Australia . 15 16 0 15 14 INSURANCE— New Zealand .. .. 2 0 3 1 19 o South British .. .. 2 18 6 17 6 LOAN AND AGENCY— Abraham & Wil .ams 4 10 4 Dalgety and Co. .. Farmers Co-op. Auc. 14 0 0 B (pref.) 0 16 10 3 Newton King (pref) 0 14 >T.Z. & River Plate N. Auck. Farmers’ 8 Co-op. (B pref.) . 6 COAL— Renown (con.) .. . . — 0 5 6 Hikurangi (pref.) 3 Ditto A (pref.) (3s) 0 3 3 0 2 S Pukemiro Taupiri — ■i Ditto (pref.) .. .. Waipa — 14 GAS— 1 6 1 3 4 Ditto (con.) . . - . 0 35 2 0 14 10 Birkenhead, North. 0 17 0 — SKIPPING— Devonport Ferry .. 1 6 0 1 5 0 Huddart-Parker 6 Ditto (pref.) .. .. 13 6 Ditto (con.) .. 0 6 6 290 19 Union Steam (pref.) 1 0 4 0 TIMBER— 9 National 0 14 6 0 10 0 Taupo Tctara .. .. WOOLLEN— 0 16 Kaiapni 0 11 0 ft 9 9 Wellington — 6 6 BREWERIES— 1 0 0 6 J. Staples, Co., Ltd. M1SCELLAN EOUS— 1 19 0 1 17 Auck. Araus. Park — 0 8 0 Ditto vpref.) .. .. 0 18 0 A. J. Entrican 0 14 9 Checker Taxicab .. 0 18 0 Ditto (con.) .. .. 0 6 6 Colonial Sugar (Aus) Dental and Medical 53 5 0 51 10 0 0 16 6 19 9 Dom. Pictures .. .. Ditto (prev.) .. .. 2 Dominion Rubber .. 7 Dear Meat Co 1 Grey and Menzies . 0 12 Hamilton Theatre . 1 0 0 II.M. Arcade (pref.) 1 0 0 Kempthorne Pros. . 3 JM line 55 Choyce .. Ditto, (pref.) .. .. Ditto. B (pref.) .. Ditto (deb. stock) Murchison Oil Co. 1 4 0 1 3 6 (20s paid) . . 1 0 0 N'.Z. Farmers' Fer3 13 0 N.Z. Refrig, (con.) 0 6 10 Northern Boot .. .. 0 17 0 Phillipps and Impey 1 13 6 Robinson Ice Cream 1 6 Sanford Ltd 1 1 Ditto (pier.) .. .. 1 1 2 1 u 0 ri Tonson Garlick 0 lo 6 0 14 0 Union Oil Whit tome Steven1 6 1 19 6 Son 6 6 0 Wilsons Cement 1 14 6 1 13 9 MINING— Alburnia 0 4 6 0 4 3 Moanutaiari (con.). 0 0 0 2 10 Ditto (new issue) 0 3 0 1 10 Empire Reefs (con.) 0 0 9 Golden Age (paid).. 0 0 1 Ditto (con.) .. .. 0 0 Si Kawarau 0 2 0 0 1 9 Komata Reefs .. .. 0 0 3 Kuranui 0 0 6 Lucky Shot (2s pd.) 0 6 0 2 0 1 fltto (con.) . . . . 0 2 3 0 1 9 Maoriland (con.) 0 1 8 Mt. Welcome (pd.) 0 2 0 N. Waiotahi (4s pd.) 0 1 0 Ditto (con.) .. .. 0 0 11 0 0 9 Nonpareil (con.) Occidental-Una 0 0 7 — (con.) 0 0 9 0 0 Ohinemuri 0 5 0 Waihi 0 19 0 ft 18 7 Walhi Grand June.. 0 1 5 0 1 3 Mt. Lyell PEBENTlRESAuckland Gas, 192S, 1 7 6 pc Auckland Harbour — 99 0 0 85 0 0 Ditto., 5$ p.c. 98 0 0 Ditto, ♦> p.c 102 0 0 Auckland Fire Board 104 0 0 100 0 0 Hsirnilton Bor. 6 .. 104 0 0 100 0 0 Auck Power Bd . . 9S 0 0 Bor. of Devonport, 6 100 0 0 Bor Mt Eden. 6* 100 0 0 N.Z. Breweries 1 4 0 N.Z. Milk Products 110 0 0 105 0 0 Glaxo —' 88 10 0 GOV ERN.M ENT BONDS— War Loan, 1930, 4} 97 10 0 Ditto, 1938, 4i p.c. 97 0 0 96 Ditto, 1933, 5i p.c. 100 15 0 Ditto, 1936, 5i p.c. 100 0 Ditto, 1930, 5 p.c. 98 15 0 INSCRIBED 8TOOKWar Loan. 1929, 5 9S 0 Ditto, 193S. 4| p..c 97 0 0 96 12 Ditto. 193 1 4J p.c Ditto. 1927-41. 51 Ditto, 11*33, 5i d.c Ditto, 193b. 5J p.c. — 100 15 0