ON THE ’CHANGE

Sun (Auckland), Volume I, Issue 306, 17 March 1928, Page 10

ON THE ’CHANGE

HEALTHY TONE IN MARKET SOUTH BRITISH FIRM The distinctly brighter tone which t-ot in on 'Change yesterday was maintained this morning when, although the actual volume of business written was not large, a healthy tone was registered in the market for most of the better classes of securities. Insurances meet with a strong demand, with South British hardening from sales at 58s 3d a few days ago to one at £3 this morning. Nationals ‘have been done at 15s 6d. A wider range of banking scrip Is offering at the moment than has been the case for many months. A firm tone prevails in the section. New Zealand Loan and Mercantile scrip remains in constant demand on a market registering a rising tendency. Coals are practically idle, but in steady demand. Buyers of Pukemiros moved up to 64s this morning, with sellers still absent. Miscellaneous scrip is increasing in popularity, with more buyers than sellers. A healthy tone is registered for most shares in this section. Mining is dull and practically neglected. SALES REGISTERED Yesterday afternoon’s business. —Reported- Bank of Australasia, £l4 19s; New Zealand Insurance, 41s 3d. This morning’s business. On ’Change: Auckland Gas (ord.), 22s (two parcels). Reported: Wellington Woollens (ord.), £6 2s: South British Insurance, £3: Abraham and Williams lord.), £3 15s; National Insurance, 15s 6d; Checker Taxis, 19s 3d. TO-DAY’S QUOTATIONS Closing quotations at this morning’s call were:

Sellers. Buyers. £ d. £ a. d. BANKS— Aust. Bank of Com. 1 15 9 Bank of Adelaide .. 9 11 0 Bank of Australasia 15 1 0 Com. Bank of Aust. 1 7 10 1 7 s Ditto (pref.) .. .. 7 0 0 ( ’em. Bank of Syd. 26 4 0 Eng., Scot, and Aus. 8 3 0 8 1 0 Nat. Bank of N.Z. 19 0 6 17 6 Nat. Bank of Australasia (con.) 8 19 6 New Sou*h Wales . 48 0 0 47 7 c New Zealand . . .. 19 2 IS 9 Ditto (20s paid) 1 6 !) — Union of Australia . 14 14 0 — INSURANCE— National 0 15 9 o 15 4 New Zealand .. 1 2 1 0 South British .. .. 0 6 19 6 standard — 3 2 6 1.0AN AND AGENCY— Abraham & Williams tpref.) 4 6 Farmers’ Co-op. Auc. 3 0 Ditto (A pref.) 16 Ditto (B pref.) .. 0 15 6 «Joldsbrough, Mort . 9 6 8 6 Newton King (pref> 0 22 6 0 10 6 N.Z and River Plate 1 9 0 N.Z. Loan and Merc. 102 0 0 98 10 0 Ditto (pref.) .. .. — 81 0 0 COAL— Renown (con.) .. .. 0 14 6 Ditto (pref.) .. .. 0 7 6 Ditto (A pref.) .. 0 6 S 0 Taupirl 1 6 6 1 Dittb (pref.) .. .. 1 0 Waipa 0 17 0 GAS— Auckland 1 o 0 1 1 9 Ditto (con.) .. .. 0 16 9 SHIPPING— Devonport Steam . 1 r t 6 1 4 6 Howard Smith .. .. 1 8 1 8 0 Huddart-Parker 2 9 6 2 8 6 Northern Steam 0 15 4 Union Steam (pref.) 1 0 3 0 19 10 TIMBER— Bartholomew’ .. . . 1 1 0 Kauri Timber .. . . National 0 12 8 Parker-Lamb .. 0 19 0 — WOOLLEN— Kaiapoi 0 S Mosgiel — 6 12 0 BREWERIES— O. L. In ncs (pref.) 1 0 0 J. Staples and Co. . 1 17 6 1 16 9 MISCELLANEOUS — Auck. Amuse. Park 0 11 0 A. J. Entrican (pref.) 0 19 0 Australian Glass . . 3 British Tobacco 1 Burns, Philp . . 9 Checker Taxicab Co. 1 0 Dental and Medical 0 Donaghy'a Rope and Twine Co .. .. Electrolytic Zinc (pref.) 1 12 9 1* ullers’ Pictures 0 19 0 0 18 0 Gear Meat Co. 1 IS 0 Grey and Menxies . 0 12 0 Hayward's Pictures 1 0 0 0 Henry Jones Co-op. 1 6 Hill and Plummer . H.M. Arcade Theatre (pref.) Kempthorne Prosser lloklen s Motors (ex (liv.) 1 9 9 1 9 0 Lewis Eady. Ltd. (pier.) 1 0 6 Milne and Choyce .. 1 4 0 Ditto (pref.) .. .. 1 4 0 Ditto (B pref.) .. 1 4 0 Ditto (deb. stk.) . 1 3 0 N.Z. Farmers' Fertiliser Co 4 1 0 N.Z. Paper Mills . . 0 17 0 N.Z. Refrigerating . 0 15 0 Ditto (con.) .. .. 0 7 0 b Northern Boot .. .. 0 18 0 Sanford, Ltd 1 0 0 0 19 9 Ditto (pref.) .. .. 1 0 0 Taranaki Oilfields .. 0 10 1 9 6 Tonson Oarlick 0 11 6 l nion Oil . . 0 0 Whittome Stevensons 7 6 5 W ilsons Cement 1 IS 0 1 17 6 MINING— Alburnia 0 1 6 Moanataiari (paid) 0 1 0 Ditto (con.) . . . . 1 S Golden Age ipd.) .. 0 0 4 0 ft Kawarau 0 1 0 0 0 6 Lucky Shot (2s pd.) 0 1 0 Maortland (con.) .. 0 0 6 Mt. Welcome (con.) 0 0 6 New Waiotahl (4s paid ) .. 1 1 0 0 10 Ditto (eon.) . . . . 0 0 S Occidental Una (2s I'itid) .. 0 1 Ditto (con.) .. .. 0 1 4 Ohinemuri 0 6 9 0 Ditto (pref.) .. .. 0 6 Waihl 0 10 1 9 Walhi Grand June. 0 1 1 0 1 o AUSTRALIA N— Mount Lyell .. .. 1 10 6 1 10 0 DEB EN T URES — Auckland Harbour Board, 6 p.c 0 0 City of Auckland, 1940. 51 9S 0 0 0 0 Bor. Devonport, 6. too 0 0 Bor. Mt. Eden, 53 . 102 0 0 100 0 0 Ditto, 6 p.c. . . 105 0 0 102 0 0 IJor. cf Hamilton, 6 105 0 0 100 0 N.Z. Breweries 1 9 G laxo . . . . . . .. 90 0 Hamilton Theatres 102 0 0 Auckland Gas 6 p.c. 90 0 0 GOVERNM ENT BONDSN.Z. Gov. War Loan, 1938. 4’. 97 10 0 Ditto. 1959, 4i .. 0 0 Ditto. 1041. 4j .. 97 0 0 INSCRIBED STOCK— N.Z. Gov. War Loan lO.lfc. 42 9S n 0 97 lfc (» Ditto, : 939. 4i p.c. 97 0 0 Ditto, 1935, 54 .. 101 0 Ditto, 1936, .. 100 ]0 f) Ditto, 1930, 51 .. OS 10 0