ON THE ’CHANGE

Sun (Auckland), Volume I, Issue 247, 9 January 1928, Page 10

ON THE ’CHANGE

TARANAKI OILS FIRM OHINEMURIS IMPROVE Business on ’Change opened for 1928 this morning with a healthy tone in the market for most of the b«;tter classes of securities. Compared with December's closing quotations several shares have % a decidedly firmer tone. In miscellaneous Taranaki oils have strengthened to see buyers offering 10s 6d and sellers asking 11s 9d. Wilsons Cements are also in good tone, with firm buyers at 36s 9d. Banks and insurances are quiet. In mining, Waihis are quoted at approximately half December quotations, following the passing of the resolution in London to strengthen capital from reserves. Ohinemuris have improved to see buyers at Bs. The demand for gilt-edged securities was weak, and many parcels were neglected. MID-DAY QUOTATIONS Closing quotations at to-day’s midday call were:— »* Sellers. Buyers. BANKS —

Banlc Australasia — 14 13 0 «'om. Rank Aus. Nat. Bank N.Z. (i 16 17 6 46 5 0 45 New Zealand .. .. 19 9 19 Ditto (50s pd) 16 Ditto. (20s pd) — 6 INSURANCE — 0 16 0 0 15 0 2 1 South British . • .. 2 18 0 16 9 DOAN AGENCY— Farmers’ Co-op. A (pref.) 0 18 0 R (pref.) 0 14 10 Newton King (pref) 0 12 6 0 10 0 N.Z. River Plate . . — 1 7 3 COAL— Hikurangi (pref) .. 0 8 0 0 7 6 Ditto (10s pd) 0 16 0 Pukemiro 3 1 0 Tauptri 1 7 0 1 5 6 W aipa — 0 16 0 GAS— Auckland . . .. . . . . 1 3 D 1 3 0 Birkenhead and Northcote 0 16 0 — SHIPPING— Devonport Steam . 1 4 9 1 3 9 Northern Steam . . 0 15 0 14 6 Ditto, (con.) .. .. 0 7 3 — TIMBER— Kauri Timber •• .. l 3 0 1 1 0 Taupo Totara 0 16 0 Ditto, (pref.) . . .. 0 17 0 — BREWERIES— C. L. Innes (pref.) .. l 0 0 — MISCELLANEOUS— Auckland Amusement Park .. . . o 16 0 A. J. Entrican 0 19 British Tobacco .... 2 0 0 Checker Taxicab Dental and Medical 0 16 0 Dom. .. Ditto. (pref.T . . .. Grey and Mensies . . 0 12 0 Haywards Pictures 0 18 0 Hill and Plummer . . H.M. Arcade (pref.) Milne and Choyce .. Ditto (pref.) Ditto (B pref.) Northern Boot .. .. Sanford, Ltd Ditto (pref.) (ex div.) Taranaki Oilfields . 0 Thames Theatre . . T nion Oil Wairakei, Ltd 0 10 "Wiseman (ord.) 0 Wilsons Cement 1 17 9 1 16 9 MININO— Alburnia O Moanataiari (con.) 0 1 Golden Age Kawarau Komata Reefs . . .. 0 Kuranui 0 0 Lucky Shot (2s pd) 0 Maoriland (con.) 0 1 New Waiotahi (4s pd) 0 Ditto (eon.) Id call c 0 0 Occidental-Una (2s paid) n 2 0 Ditto (con.) .. .. 0 1 4 Ohinemuri ... .. .. 0 9 0 Waihi 0 12 0 11 "Waihi Grand June. — 0 0 11 AUSTRALIAN— Mount Lyell 1 S •7 Auckland Harbour Board. 4 p.c. Bor of Devonport, 4J 92 0 0 Ditto, 6 p.c Bor. Mt. Eden, 5i 101 0 N.Z. Breweries . . . . 1 3 3. 1 2 Glaxo Hamilton Theatres . 105 0 0 GOVERNMENT BONDS— War Loan. 1930, 4J 97 Ditto, 1938, 4i — 96 10 Ditto. 1933. 54 101 0 Ditto, 1936, 54 .. — 101 0 0 INSCRIBED STOCKWar Loan, 1939, 4J . — 97 0 0