ON 'CHANGE.

Auckland Star, Volume LIX, Issue 77, 31 March 1928, Page 4

ON 'CHANGE.

MORE SALES RECORDED. CTRONG DEMAND FOR BANKS. BREWERIES SHARES BETTER.

\pw Zealand Loan and Mercantile A;:«ncy shares again tinned in price this week, buyers offering par, an advance ot 20'' tin- tiio week. N.Z. and River Plate uli.'ires are nU> firmer, being wanted at 29 li. while buyers oi Dalgety, Ltd., advanced their olfuPß to £14 2 6 yesterday «ft'-rixinii without sales following. A transaction was rap.irted in North Auckland .Fanners' B preference shares during the week at 7,0. N.Z. Refrigeration contributing issue also sold at 8/, and buyers ndvamed their price to 10/10 for Newtun King preference issue. Bank shares received a lot of attention at the hands of investors during the past week. Bank of Now South Wales shares sold at £48, <ind later at £4S II)'. Yesterday, however, ji seller came in at £48 5/, and buyers offered £48. English and Scottish Bank shares firmed during the week, buyers adVaneing their offers from £8 3/ to £8 4 IS. < 'ommereial Hank ordinary issue sold <it; 27 10. and 28'. Bank of Australasia were offered yesterday at £14 16/. This is the usual dividend just declared at the rate of 14 per cent per annum. I'nion Bank shares were placed at £14 12/0, after which fourteen guineas was paid yesterday. National Bank of New Zealand sold at £6 18'6, and New Zealand Hank shares were placed at 59/6 and 50/9, and for the 20/ paid issue trannaclions took place at 26/. National Bank of Australia contributing issue are now in "request at £8 16 6, and the paid shares are offered at £ 18. Commercial Bank of Sydney shares firmed during the week, buyers now offering £26 12/6, but latterly no sellers have quoted.

fCnlmiiiii Sugar Refining Co.'s shares Advanced until sales were made at £58 17,0, and buyers now stop at £.".S. Th buying rate for P. and 0. deferred stock rose 40 this week, £235 being the laUtU offer. Devonport Ferry sold at 24 9. aiv' <-ont .beting Northern Steam at 7'2. Salerwerp made during the week of Hill are' pliimi'ier shares at 2Hand bnvers still .offer 6d under that rate. Several transactions occurred in Wilsons Cement shares at ;»8/. and sales were made of British Tobacco at 40'. Kauri limber Co. shares firmed until sales were made at 23/, at which rato more could still be got. .An"i, land Has had several transactions at 2 1 < / 10. und Tonson Garlick sold at 12/2. Sales occurred during the week in N.Z. Insurance at 40/9, and 41/, while 59/9 was paid for South British. N.Z. Breweries ore better thin week, having sold at 44/, and the debentures at 23/9. Whittome ftevenson shares changed hands during the week at 46/, which, as the dividend has been paid, is really a slight advance in price.

Inquiry set in this week for Dunlop Rubber shares at 22/6, and for Perdriau Rubber at 20/3.. but the offers did not load to sale*. Buyers offered 43/ yesterday for share* in the Australian Glass Co., but sellers asked 44/3. The demand for shares in coal mines continues steady at last week's rates, bu: this lias not resulted in sales being made. Tho directors of the Renown Collieries, Ltd., mndo the final call of 1/ per share this week. Sellers, however, offer shares at 5/ discount on the fully paid-up price of 20/, Buyers, however, did not advance beyond 13/. Mining shares are still neglected. Waihis were placed at 11/, and Ohiiiemuris sold at 7/. A little more attention is being paid t-> War Loans and Public Bodies Debentures on 'Chyice. Ngaruawahia 6 per cent sold at £102 and Monnt Eden e per cent at £102 10/. The Mount Eden 5% per cent were transferred at £100 10/, and Soldiers' 5V6 per .cent inscribed stock sold at the same rate.