ON 'CHANGE.

Auckland Star, Volume LXI, Issue 173, 24 July 1930, Page 4

ON 'CHANGE.

FLUCTUATIONS !N SHARES.

BUSINESS VERY QUIET

After a temporary spurt business on the local Stock Exchange has quietened down perceptibly, and the last 24 hours has seen very few sales completed. Values are. fairly steady, but there is no life in the market. The general weakness in banks has apparently now reached Australasias, and these were offered this morning £12 5/. A buver came forward for New Zealand Insurances, offering £2 4/6,.and Colonial Sugars were asked for at £3o- . "New Zealand Breweries are still m request, with buyers at £2 9/9. In Government stocks, 5Vs s (1936) are still available at £99 7/6 i and for a parcel of ite's inscribed the holder asks £99 Id/.

The Noon Call

There was no improvement in the market tone at the noon call, the only sale completed being of Commercial Banks and showing a slight reduction. Coals and shipping were in fair demand at late rates, and buyers for Thames Theatre moved their limits up to 12/6. , , Wilsons Cement, on the other hand, slipped back further, -with sellers at £2. A holder of Government stocks, 4 1 /2 (1938) offered the scrip at £100 5/. SALES COMPLETED. - Last Sale. AT THE 3.15 P.M. CALL YESTERDAY— Govt. Bonds, 54 - „„„ _ „ p.c.. 1936 £99 7 6 .. £99 7 6 Waihi Grand June. 0 2 0.. 0 111 Ohinemuri 0 010 .. 0 - o AT THE 10 A.M. CALL TO-DAY— National Bank of _ N.Z. (late sale) 016 0 .. 016 0 AT THE 12.15 P.M. CALL TO-DAY— Commercial Bank of Australia ... 10 11 .. 11l interest bates. The return to the investor on his outlay, based upon the latest dividends and in the case of loans and debentures upon redemption at maturity, -works out as follows for the latest sales:— PER CENT PER ANNUM. £ s. d. Govt. Bonds, 55 (1936) .... 512 6 Waihi Grand Junction £ 6 <t Nat. Bank of New Zealand .. 5 A o Com. Bank of Australia 7 6 o