ON ’CHANGE

Sun (Auckland), Volume I, Issue 126, 18 August 1927, Page 2

ON ’CHANGE

BETTER BUSINESS KAURI TIMBERS 25 3 A decidedly brighter tone is registered on the local 'Change. Yesterday afternoon saw a considerable increase in business. To-day’s feature has been the improvement in Kauri Timbers, which were dealt with at 25s 3d. Other timbers are quiet, but any tendency is upward. Banks are in good tone and frequent sales are recorded. In the miscellaneous section, Wilson’s Cement command attention and sales are recorded at 34s 3d. Auckland Amusement Park has improved to see buyers in at 13s with no sellers. Alining is depressed and idle. Hikurangi Coals continue in good tone with a firming tendency. Renowns are weaker, with sellers at 6s 6d and no buyers. Most other coal shares meet with a firm demand. The market for gilt-edged securities is quiet with little business reported. SALES REGISTERED At yesterday afternoon’s call: On ’Change.—Wilson's Cement, £1 14s 3d. Reported.—Commercial Bank of Australia, £1 7s 6d; Auckland Gas, £1 2s Sd; N.Z. Breweries, £2 2s 3d: Lewis R. Eady (B pref.). £1 Os 3d. At this morning’s 10 o’clock call. On ’Change.—Kauri Timbers, £1 5s 3d. Reported.—Mount Albert 6 per cent, debentures, £103; Goldsbrough. Mort, £2 5s 3d; do., rights, 8s lid; Dalgety and Co., £l3 17s 6d: N.Z. Insurance, £2 Os 3d; National Bank of Australasia, £l7 2s. At the mid-day call: Reported— Commercial Bank of Australia, £1 7s 6d. MID-DAY QUOTATIONS

SOUTHERN EXCHANGES YESTERDAY’S SATES Wellington.—New Zealand Breweries, bonds, 23s 8d; National Bank of Australasia (£ 10 paid), £l7 2s (two parcels); National Mortgage, 33s 6d; Gear Meat, 36s 3d. Christchurch.—South British Insurance, 57s 9d; Goldsbrough, Mort (rights), 9s; National Bank of New Zealand, £6 15s 6d; Commercial Bank of Australia, 27s 7d; Goldsbrough, Mort, 455; New Zealand Refrigerating (con. cum div.), 6s 6d (three parcels): British Tobacco, 52s 6d; Colonial Sugar, £52 ss. Dunedin. —Upper Nevis, 255: Colonial Sugar, £52 2s 6d; National Bank of New Zealand. £6 15s.

Closing - Quotations at to-day’s midday call were: — Sellers. Buyers. BANKS— £ s d. £ d. Com. Bank of Aust. 1 3 L>itto (pref.) . . . . 7 0 0 Nat. Bank of N.Z. 6 16 ft New South Wales . 45 0 ft New Zealand .. .. IS 6 ?7 Ditto (10s paid) . 0 16 0 Ditto (20s paid) .— 1 6 0 Union of Australia 15 2 0 14 17 6 INSURANCE— National New Zealand . . . . 2 1 0 ft South British . . LOAN AND AGENC’ Farmers’ Co-op. Auc, 1 6 Ditto A (pref.) 0 18 Ditto B (pref.) 0 15 4 6 G oldsbro u gh, Mort Newton King (pref.) 0 14 0 N.Z. and River Plate 1 8 0 N.Z. Guarantee C'or. ft N.Z. Loan <Sr Merc. Ditto (pref.) .. .. — 80 0 0 COAL— Renown (con.) .. .. Hikurangi 0 3 6 Ditto, (pref.) . . . . 0 ft Ditto. A (pref.) . Pukemiro Taupiri 1 Ditto (pref.) .. .. 1 4 0 1 Waipa GAS— 0 14 11 Auckland 9 <> Ditto (con.) . . Birkenhead & North0 17 0 0 16 9 cote 0 17 0 SHIPPING— Devonport Steam . . 1 Huddart-Parker Northern Steam 0 9 Ditto, (con.) 6 10 0 I.mon Steam (pref.) TIMBER— 1 0 3 Kauri Timber . . .. Leyland-O’Brien National Parker-Lamb .. .. 1 2 6 BREWERIES— C. L. Innes (pr«f.) 1 0 N.Z. Breweries .. . . 2 3 0 2 1 0 MISCELLANEOUS— Auck. Amuse. Park 0 A. J. Entrican & Co 0 19 0 British Tobacco 2 15 0 Burns, Philp and Co. 1 IS Bycroft, Ltd Checker Taxicab . . Colonial Sugar (Aus) 52 ft 51 10 0 Dental and Medical 0 16 0 Dominion Pictures . . 1 0 0 Ditto (pref.) .. .. 1 Electro. Zinc (pref.) 1 12 6 Gear Meat 1 15 9 Grey and Menzies . . 0 12 6 0 9 6 Hamilton Theatres . 0 IK 9 Hill and Plummer. . 1 6 1 1 9 H.M. Arcade (pref.) 1 0 0 Ivempthorne, Prosser 3 0 Milne and Choyca .. 1 4 0 Ditto (pref.) .. . . 1 4 0 Ditto (B pref.) .. 1 4 0 Ditto (deb. stk.) .. 1 4 0 N.Z. Farmers’ Fert. 4 0 0 N.Z. Paper Mills . . U 0 N.Z. Refrig, (con.) — ft 5 Phillipps and Impey .—. 1 14 0 Robinson Ice Cream — 1. 1 Sanford, Ltd 1 1 6 Ditto (pref.) . . . . L L 6 Taranaki Oil . . . . 0 0 0 0 Thames Theatre 1 0 0 0 15 0 Tonson Garlick .... Union Oil 0 12 6 2 6 Whittome Stevenson 0 2 6 Wilsons Cement MINING— 1 14 9 1 14 ft Alburnia 0 3 o 0 3 Moanataiari (pd.) . 0 3 ft 0 2 0 Ditto (con.) .. .. 0 1 6 Empire Reefs (con.) 0 0 8 Golden Age (con.) . 0 0 Kawarau 0 1 0 0 ft 7 Komata Reefs . . . . 0 3 Lucky Shot (2s pd) 0 0 1 5 Ditto (con.) .. .. 0 2 ft 0 1 4 Maoriland (con.) 0 1 5 Majestic New Waiotahi (4s 0 0 6 _ paid) ft 0 10 Ditto, (con.) .. .. Occidental-Una 0 0 10 0 0 9 (con.) 0 0 8 0 0 6 Ohinemuri 0 4 9 — Waihi 0 19 6 0 1 Waihi Grand June. . 0 1 6 0 1 3 A USTRALIAN— Mount Lyell .. .. DEBENT URES— 1 8 3 - Auckland Gas, 1932, 5 95 0 0 90 0 0 Ditto, 1928, 62 Auckland Harbou* 101 0 0 99 0 ft Board, 52 p.c. 100 Ditto., 4 p.c. Ditto, 5| p.c. 101 10 0 3 00 0 0 102 0 r N.Z. Breweries 1 10 1 3 7 Glaxo GOVT. BONDS— 88 10 0 Govt. War Loan, 1930 97 10 0 Ditto.. 193X, 4 2 b 0 Ditto., 1939, 4 i 96 ft ft Ditto, 1933, 52 p.c. — 100 15 0 Ditto, 1936, 52 p.c. — 100 15 0 INSCRIBED STOCK War Loan. 1929, 5 . — 98 5 0 Ditto., 1938, 42 . 96 l.j . 0 96 ft Ditto., 1939, 4 2 96 0 0 Ditto, 1933, 52 p.c. 3 01 6 Ditto, 1936, 52 p.c. 101 V 6 —