ON 'CHANGE.

Auckland Star, Volume LVIII, Issue 226, 24 September 1927, Page 4

ON 'CHANGE.

|2Lj.he week reviewed. |$JKfAIR BUSINESS RECORDED. .■"'.3lßs MINING SHARES DULL. Some of the higher priced stocks had more sales on 'Change during the past week. Several small lote of Colonial Sugar Refining Company's shares were sold at £32 Uβ, and P. and O. Deferred Stock changed hands at from £262 to £265, buyers at the third call yesterday offering £2C3. Soldiers" OV2 per cent loan sold at £100 15/ and £101, while transactions took place in 4% per cent Loan, 1938, at £90 7/6, after which 2/6 less was accepted. Bank shares had more attention this week. Sales of Bank of Australasia took place at £14 16/. and of Union Bank up to £14 18/6. National Bank of New Zealand shares could be placed at £6 17/, ami Bank of New South Wales at £43 2/6*. Bunk ot New Zealand 20/ paid-up shares had business at 26/8, and for 10/ paid 16/3 could now be got. The only sales of insurance this week wero South British at from 57/9 to 57/6. New Zealand's could be got for 39/6, but Nationals and standards have not been quoted. Goldbrough Mort, Ltd., shares tinned to buyers nt 44/6, and for National Mortgage 63/ is bow the buying quotation. Bycroft, Ltd., shares had several tranaactiona at 30/. and a lot of business was done in Amusement Park ordinary issue at 17/. The same rate was paid for A preference issue and Farmers' Auctioneering, while the B preference changed hands at 15/. A sale was made of Kauri Timber Company shares at 24/6, and buyers came in for L.O'B. Timber at 33/. A transaction occurred in Wellington of Woollen preference issue at £6, and Auckland Gas had sales at 23/. Several sales were made of British Tobacco shares at 57/3, at which figure there are still sellers. New Zealand Breweries are a little better, being now wanted at 44/3, while for the debenture issue 23/8 was paid. There is still steady demand for most coal mining shares, but few sales were recorded this week as offers did not come up to holder'e ideas of values. The Renown Company made another call of one shilling per share. Sellers now offer 15/ paid-up shares as low as 8/3. Waipa Collieries are still wanted at 15/9, and Pukemiroe at 60/9. In mining shares the business done was the result of lower prices being accepted, with the exception of Alburnias, which firmed a shade. Waihi shares which touched 23/3 this week had several sales at 22/. Occidental Una shares sold at 1/5, but subsequent to securing another haul of specimen*' lines changed faande as low as 1/2. Lucky Shot shares also eased to aalea at 1/8.