TO-DAY’S QUOTATIONS

Sun (Auckland), Volume II, Issue 459, 14 September 1928, Page 12

TO-DAY’S QUOTATIONS

Closing quotations at to-day’s mid day call were:

SOUTHERN EXCHANGES YESTERDAY’S SALES Press Association Wellington. —National Bank of Australasia (£5 paid), £9 11s 6d; New Zealand and River Plate, 31s 3d; Finance, Limited, 5s 3d; Wilsons Cement, 39s l£d. Christchurch. —New Zealand Breweries t bonds), 24s Id; Commercial Bank of Australia, 30s 5d (two parcels); Commercial Bank of Australia (pref.), £7 6s; Union Bank of Australia, £ls 8s; Goldsbrough, Mort, 51s 4d, 51s 3d (three parcels); New Zealand Breweries, 52s 6d, 52s 9d (two parcels); British Tobacco, 13s lOd, 43s Dd; Electro. Zinc (pref.), 33s 34 (three parcels); Mahakipawa, lOd (two parcels), 94, lOd (three parcels); Kaiapoi Woollen (17s paid, ex div.), J2s i*d; Hayward's Pictures. 20s (two parcels). BARNET GLASS EARNS LESS NOT CONSIDERING MERGER Rumours that Barnet Glass Rubber i’o., Ltd., was likely to be a third party tc the merger with Perdriau and Dunlop Rubber gained currency in Sydney a few weeks ago, but their truth was denied officially, so the prospective fusion is expected to embrace only the other two companies mentioned. The market is still a wafting an announcement of the terms of that amalgamation. Accounts of Barnet Glass, relating to i he year ended June 30 last, reveal diearnings, the sum cleared, 4.1U4,»05, bt-niK .€25,733 less than that disclosed in 1927, despite an increase of £15,-54 to £374,704 in gross revenue. The shrinkage in gain was therefore attributable to increased outgoings, and not to contraction in turnover. No difficulty is experienced, however, in mainlining the ordinary dividend at the rate ■ f 10 per cent., to which basis it was lised from 8 per cent, last year.

Including the dividend on the prefer- • " e capital, £68,189 is distributed among f .reholders, £50,000 has been transed to reserves, and 622.791 is car- : led forward at profit and loss. EGGS-1T HIGH PRICES Were you forced to skimp the family with eggs last autumn, owing to high prices? Put down eggs now they ar e cheap, with Sharland’s Egg Preservative. and have plenty for the next ••dear” season. Keeps them perfectly fresh and sweet. All Stores. 3

BUTTER MARKET FIRM

CHEESE VALUES STEADY (Australian and N.2 i. Press Association) Reccl. 11 a.m. LONDON, Thursday. The butter market is firm. Danish, 200 s. Choicest salted New Zealand. —182 s to 184 s. Exceptionally fine, 18Gs. Australian. —168 s to 1745. Unsalteds. —New Zealand, 186 sto 190 s; Australian. 178 s to 182 s. Cheese is steady. New Zealand, white, 113 s to 114 s; coloured, Ills to 112 s, Australian, 109 sto 110 s.

TRADE OF BRITAIN

INCREASE IN EXPORTS (United P.A. —By Telegraph — Copyright) (Australian and N.Z. Press Association) LONDON, Wednesday. The Board of Trade returns for August show that imports increased in value by £7,584,000, exports by £2,806,000, and reexports decreased by £36,000, compared with August last year. The principal increases were:—lmports: Meat, £2,172,000; non-dutiable food and drink, £3,130,000; raw cotton, £1,835,000; and skins, £671,000. Exports: Iron and TSteel manufactures, £576,000; machinery, £512,000; woollen manufactures, £416,000; vehicles, £409,000. The chief decreases were:—lmports: Grain and flour, £1.820,000; dutiable food and drink, £1,148,000; wood and timber, £532,000; rubber, £965,000. Exports: Coal, £229,000.

CAMBRIDGE HORSE FAIR

DEMAND FOR DRAUGHTS (From Our Own Correspondent.) CAMBRIDGE, Thursday. The Cambridge Spring Horse Fair was concluded to-day with the offering of the balance of draught and light horses. Although the high prices for draughts of 10 years ago have gone, still this year's fixture has seen a good demand for medium type draughts. There has been spirited bidding for well-bred animals, especially four to six-year-olds. The top price was £39 for a five-year-old grey mare. Many good lots sold at from £3O to £35, other sorts from £l3 to £27 10s. Seven lots sbld on account of W. Vosper, Cambridge, averaged £2O. On account of James Taylor, Cambridge, eight lots averaged £2O. On account of R. Hannon, Hautapu, fiyfe mares averaged £22. Fifteen draught horses offered on account of W. Findlay, Te Awamutu, brought up to £39. On account of W. F. Saunders, 10 lots averaged £22.

Seller Buyers. i; s. a. ■£. s. d. RANKS— Aus. of Com Rank of Australasia 1 14 15 2 14 17 Com. of Australia .. 1 10 V 1 3 .Ditto (con.) .. .. Eng., Scot. & Aus. . 1 5 8 SC 4 S 10 0 National of N.Z. 1 0 Nat. of Australasia 19 6 0 19 0 0 Ditto (con.) .. .. 9 12 0 9 9 6 New South Wales . 50 10 0 New Zealand 3 1 6 1 Ditto D Mort. . l 7 9 Union of Australia.. 15 S 6 15 » 0 INSURANCE— National 0 16 7 0 16 3 New Zealand .. .. — 2 3 9 Queensland ft 3 4 6 South British .. .. United 3 3 6 11 0 0 ROAN & AGENCY— Abraham & Williams (pref.) 4 11 0 4 _ 0 Bulge ty and Co. 0 Farmers' Co-op. Ditto (A pref.) .. 0 16 0 Ditto (B pref.) .. 0 15 • Joldsbrough Mort . . 2 11 6 2 10 9 0 Newton King: (pref.) N.Z. & River Plate. 0 L 11 N.Z. Guar. Corp. 0 8 9 N.Z. Loan and Mer. 118 0 0 112 Ditto (pref.) .. .. — S2 0 N. Auck. Farmers' Co-op. (ord.) J 0 2 0 Ditto (B pref.) .. — s COAL— liikurangi 0 7 Ditto (pref.) .. .. Ditto (A pref.) .. 8 Renown 0 12 6 11 6 Taupiri l 6 9 l 3 Ditto (pref.) 0 Waipa Westport Westport-Stockton . 0 Ditto (pref.) .. .. — o GAS— Auckland 1 r. 1 1 . 2 11 Ditto (con.) .. .. SHIPPING— Devonport Steam .. 0 17 1 5 1 4 6 Howard Smith .. . • 1 7 2 9 2 8 3 Northern Steam 0 14 8 Ditto (con.) .. .. P. & O. (def. stk.) 0 6 10 237 0 0 Union Steam (pref.) 1 1 TIMBER— Bartholomew .. .. _ ft ft 15 6 Leyland-O’Brien National 6 Parker-Lamb .. .. — 6 WOOLLEN— Mosgiel 7 3 0 Wellington .. .. e-; Ditto (pref.) .. BREWERIES— C- L. Innes 0 18 6 Ditto (pref.) .. .. 2 *4 ft N.Z. Breweries .. .. 2 12 Staples 1 19 6 /> MISC.EL1 AN EO US— Auckland Amuse ment Park 0 5 6 0 ft Australian Glass .. — - a

•I une. Gross. Net Ord. Profit. Profit. jDiv. £ ■£ p.c. 1924 139.843 *4, OSS ■■ •• . • *201,330 33.300 ——- 287,233 106,8S0 8 1027 361,450 130,671 10 182S 374,704. 104,93S 10 •Loss.

Sellers. Buyer British Tobacco 3 4 0 9 Burns, Phi ip . . 9 Bycroft, Ltd 1 15 0 1 11 0 Checker Taxi .. .. 0 10 0 0 0 Dental and Medical 0 14 0 Dominion Pictures . -Ditto (pref.) .. .. 1 9 Electrolytic Zinc (pref.) 1 13 9 1 13 0 Gear Meat 0 9 Grey and Menzies. . 0 9 3 Hayward’s Pictures 1 0 6 0 19 9 Henry Jones Co-op. 0 6 Hill and Plummer . . 1 0 H.M. Arcade .. .. G Ditto (pref.) . . . . 1 1 0 Kempthorne-Prosser — 10 0 Lewis Eady (ord.) . 1 a 0 Milne and Choyce . — 1 4 6 Ditto (pref.) .. .. 1 4 6 Ditto (B pref.) .. 1 4 * Ditto (deb. stk) .. 1 4 S Farmers’ Fertiliser 4 4 6 Morris, Hedstrom .. 1 1 6 1 0 9 Ditto (pref.) .. .. 0 18 N.Z. Refrigerating . 0 19 4 0 19 0 1 >itto (con.) . . . . 0 9 4 0 9 1 Robinson Ice Cream (rjshts) 0 2 0 0 0 9 Sharland and Co. . — 1 0 0 Taranaki Oilfields . 0 9 0 0 9 Thames Theatre 0 18 0 Tonson Garlick .. .. 0 12 G Union Oil 3 G 2 2 0 Victoria Nyanza Sugar 1 0 Wilsons Cement . . 19 0 1 IS 9 Farmers’ Trading ford.) — 6 Ditto (B pref.) .. — 9 MINING — Moanataiari (paid)'. 0 1 G 0 0 6 Ditto (con.) .. .. 0 0 Golden Age (paid) Lucky Shot (4s pd.) 0 Maoriland (con.) 0 0 9 0 0 New Waiotahi (con) 0 0 — paid) — — Ohinemuri (ord.) .. 0 0 13 '» Waihi Grand June. . Mount Lyell .. .. 1 15 0 1 DEBENTURES— Auck. Gas. 1932, 5 p.c. — 93 0 0 Ditto, 1935, 61 . . — Auck Harbour Board 4 per cent — Ditto, 61 per cent. Ditto, 55 per cent. Ditto, 6 per cent . Citv of Auckland, 1943, 55 p.c 104 0 0 — Bor. of Devonport, G Bor. Mt. Eden, 52 Ditto, 6 p.c Bor. of Hamilton, 6 Hamilton Theatres, 7 98 — N.Z. Breweries .. .. 1 1 90

GOVERNMENT BONDS— War Doan, 1930, 41 — 99 0 0 Ditto, 1933, Si .. 101 10 Ditto, 1936, 51 p.c. — 101 0 0 INSCRIBED STOCK— War Loan, 1933, 5i p.c 101 10 0 100 15 0 Ditto, 1936, 51 p.C. V — 101 0 0