Markets and Money

Sun (Auckland), Volume I, Issue 140, 3 September 1927, Page 5

Markets and Money

ON THE ’CHANGE I good BUSINESS RECORDED I COALS ACTIVE Business on the ’Change has assumed a brighter tone than that ruling (or some months. Frequent sales are recorded and many shares register a firming tendency. Coals are active. and Taupiris, Waipas Renowns and Pukemiros have 'll s een sales. With the exception of the latter, which are slightly easier, the market in this section is firm at late quotations. Southern buyers are oDerating on Westports. Auckland Gas have been dealt with at 22s 9d. The shipping section has also livened up and firm buyers are in for most shares. Devonports and Northern Steams have been dealt with. Timbers are quiet, while woollens are dead. Miscellaneous shares are in better tone though Wilsons Cement are the only’ shares showing any appreciable hardening. • . , _ . , The market for gilt-edged stocks is quiet. SALES REGISTERED A.t Yesterday Afternoon’s Call. —On •Change: Majestic G.M., 3d: Ohinemuri G.M., 3s 9d. Reported: Farmers’ Co-op Auctioneering. B (pref.), 14s lid: Pukemiro Collieries, 61s; Renown Collieries, 7s; Auckland Gas, 22s 6d; Auckland Amusement Park, 14s 6d; British Tobacco, 54s sd. This Morning’s Business. —On ■Change: Taupiri Coal (ord.), 255; Waipa Coal, 15s 6d; Auckland Gas (two parcels), 22s 6d; Devonport Steam (two parcels), 23s 9d. Reported: Kauri Timber, 24s 9d: Bank of New Zealand, 58s; Northern Steam (con.), 6s 9d. TO-DAY’S QUOTATIONS Closing quotations at to-day’s call were:—• Sellers. Buyers.

A Review for Business Men

SOUTHERN EXCHANGES YESTERDAY’S SALES Press Association. WELLINGTON, Friday. Wellington: National Bank of New Zealand, £6 15s 6d; Bank of New Zealand, 58s 3d; Christchurch Gas, 23s 6d. Christchurch. —Reported: New Zealand Government 4J per cent, bonds, 1938, £96 ss; Westport Coal, 33s 6d; Commercial Bank of Australia, 27s 7id; National Bank of Australia (£5 paid), £8 10s; P. and O. deferred stock, £283; Christchurch Gas (cum rights), 23s 6d (two parcels). Sales on Change: Christchurch Gas, 5} per cent., 1934, £IOO 15s; National Insurance, 765; Goldsbrough, Mort, 44s 9d; New Zealand Breweries, 44s 9d (two parcels). FEILDING STOCK VALUES FAT EWES ADVANCE 2/Press Association. FEILDING, Friday. Despite a fairly large yarding of fat sheep, ewes advanced about 2s a head at Feilding to-day. Wethers sold at late rates. There was only a small yarding of stores. „ , Few station cattle came forward, the majority of the offering consisting of dairy cows and heifers, of which an exceptionally large yarding saw the demand confined almost solely to the better sorts of cattle. Sh eep.—The first entry of ewes (inferior), with 100 per cent, black-face lambs sold at 375. Prices were: —Woolly fat hoggets, 22s 7d to 28s 6d; shorn, fat hoggets, 21s 6d to 25s 6d; fat ewes, 29s to 36s 2d; fat wethers, good, 36s 3d to 425; medium 33s 3d to 345; inferior, 295; fat and forward ewes, 19s to 21s lOd; B.F. hoggets, 16s Id to 20s 6d; wether hoggets, 23s to 24s Id; ewe hoggets, 27s 3d to 28s; small mixed hoggets, 19s 6d; inferior ewes 100 per cent, black-face lambs, 375. Cattle.—Springing Jersey heifers made £6 15s to £l3 ss; springing Holstein heifers, £6 5s to £9; springing Ayrshire heifers, £3 15s to £6 10s; pedigree Jersev springing heifers, £lB ISs; Jersey heifers in milk, £9; springing Jersey cows, £8 10s to £ll 10s; fat bullocks, £9 13s- light fat bullocks, £S ss; rough four-year 1 bullocks, £6 12s 6d; empty heifers, £3 15s; store cows, £2 12s bd to £3.

banks— £ s. d. £ s. d. Bark of Australasia 15 0 0 14 12 0 Com. Bank of Aust. Ditto (pref.) — National of N.Z. Nat. of Australasia New South W ales . 5 — 2 Ditto (10s paid) . . Ditto (20s paid) . . Union of Aust. 14 insurance— National 3 17 0 — 3 South British .. -. 2 18 6 2 9 LOAN AND AGENCY— Farmers' Co-op. Auct. (A pref.) .. .. Ditto B (pref.) 0 Newton King (pref.) 0 14 0 N.Z. and River Plate N.Z. Guarantee Corp — COAL— Renown (con.) .. .. 0 7 6 0 6 6 Hikurangi Ditto (pref.) .. .. Ditto (A pref.) .. 0 6 0 6 1 Pukemiro 3 1 Taupiri 1 5 1 4 Ditto (pref.) .. .. — 1 3 6 Waipa — 0 15 3 GAS— Auckland . . .. .. 1 2 8 l 2 3 Ditto (con.) .. .. 0 17 0 0 Hi 'i

SHIPP IXG— Devonport Steam . . Huddart-Parker 9 Xorthern Steam Ditto (con.) . P. & O. (clef, stk.) Union Steam (pref.) 10 3 TIMBER— Kauri Timber . . . . Parker-Lamb .. Taupo Totara .. . . 0 17 0 WOOLLEN— Wellington 6 0 0 BREWERIES— C. L. Innes (pref.)-. 10 0 MISCELLANEOUS—Auck. Amuse. Park A. J. En trican.. .. British Tobacco 2 15 3 Bycroft, Ltd Checker Taxicab .. Colonial Sugar (Aus.) Dominion Pictures . Ditto (pref. > .... Electrolytic Zinc (pref.), ex div. .. 1 11 0 Gear Meat Co. Hamilton Theatres . 0 18 0 Hill and Plummer .. 12 6 H.M. Arcade (pref.) 1 0 0 Lewis R Eady & Son, Ltd. (7 p.c. B pref.) 110 Milne and Choyce .. Ditto (pref.) .. .. Ditto (~B pref.) .. 1 4 0 Ditto (deb. stk.) . 14 0 0 Murchison Oil (20s paid) 10 0 X.Z. Refrigerating . 0 14 0 Ditto (con.) .. .. 0 6 9 Northern Boot (ex. div.) .. .. 0 18 0 Phillipps and Impey 1 14 0 Robinson Ice Cream 1 1 6 Sanford, Ltd 119 1 0 0 Ditto (pref.) .. . 119 Taranaki Oil 0 9 0 0 7 6 Thames Theatre 10 0 0 15 0 Tonson Garlick 0 12 6 Union Oil 2 0 6 Whittome Stevensoa 2 4 0 2 2 0 Wilsons Cement . . 1 15 9 1 15 3 MINING— Alburnia 0 3 2 0 2 S Ballarat (con.) . . . 0 0 6 Moanataiari (pd) 0 2 10 0 2 0 Ditto (con.) .. .. 0 12 0 1 0 Empire Reefs (con.) 0 0 8 Golden Age (con.) 0 0 5 Kawarau 0 10 0 0 6 Kuranui 0 0 4 Lucky Shot (2s pd.) 0 2 0 0 1 4 Ditto (con.) .. .. 0 1 10 0 1 Maoriland (con.) 0 13 Majestic 0 0 Mt. Welcome (con.) 0 16 New Waiotahi (4s paid) 0 13 0 0 10 Ditto (con.) .. .. 0 0 9 0 0 6 Occidental-Una (con.) 0 0 7i 0 0 5 Ohinemuri 10 6 Waihi Grand June. 0 16 AUSTRALIAN— Mount Lyell 17 3 _ DEBENTURES— Auckland Gas, 1928, p.c 101 0 0 99 0 0 Auckland Harbour 85 0 0 101 10 0 Ditto, 6 p.c City of Auckland, 1940, 51 p.c 95 0 0 Bor. of Devonport, 100 0 0 Ditto, 4J p.c. 92 0 0 — Bor. of Gisborne, 51 p.c 94 0 0 Glaxo . — GOVERNMENT BONDS— War Loan, 1930, 41 — 97 10 0 Ditto, 1938, 41 .. 96 10 0 Ditto, 1939, 41 . - 96 10 0 Ditto, 1933, 51 . . Ditto, 1936, 51 . . — INSCRIBED STOCrv 98 5 0 0 Ditto, 1933, 51 p.c. 100 12 6 | Ditto, 1936, 51 p.c. —