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ON 'CHANGE.

FLUCTUATIONS IN SHARES.

BUSINESS ONLY MODERATE

TAX FREE BONDS ADVANCE

Business on the local Stock Exchange continues only moderate. At this morning's call the hanking section seemed a shade better than yesterday, and insurances wore unaltered. Rather mote interest was shown in miscellaneous sections. Dalgety r s shares were asked for at £5 17/6, and Huddart, Parker ordinaries at £1 1/6. New Zealand Breweries were quoted ex div., with buyers at £1 13/ and sellers 1/0 higher. Buyers for Bycrofts moved up to £1 6/6. The cabled announcement that the leadin"' zinc producers of the world have agreed to a drastic curtailment in production has stimulated the inquiry for Electro. Zincs, and 15/ was offered foi the prefa. A buyer came in for "Wliittome, Stevenpons with a bid of £1 2/6. Tax free bonds were in keen demand, with £98 5/ offered for all issues. The b4's were unaltered, with buyers at The Noon Call. There were few changes at the noon call. Holders of New _ Zealand Brewery shares dropped their limits to £1 13/ , ex div., with best bidder stopping at. £1 ] 9/9 Union Banks were a shade better, with buyers at £6 11/. The mining section was active, with Waihis and c Junction in special request. SALES COMPLETED. Last Sale. AT THE 3.15 P.M. CALL YESTERDAY — Commercial Bank £0 13 10 of Australia ... £0 14 O .. ■•• Bank N.S. Wales 24 10 0 .. - New Zealand Ins. 2 1 « ;; - 1 ™ Waibi " 1 ' ■> p.i Waihi Grand .Tunc. 0 3... • Mahakipawa 0 o < woo AT THE 10 A.M. CALL TO-DAY — Commercial Bank 0 14 0 of Australia ... 014 0 .. X r /j Breweries '(late sale yester- i 15 0 day) 1 •*-* AT THE 12.15 P.M. CALL TO-DAY— South British ... 211 0 ..

INTEKEST RATES. j The return to the investor on his outhv based upon the latest dividends and taVe sse » P f loans and debentures upon redemption at maturity, works out follows for the latest sales:— PER CENT PER ANNUM. £ s. d. Com Bank of Australia 2 r 11 Bank, of New South Wales.. < <> New Zealand Insurance .... Waihl o 6 0 Waihi Grand Junction New Zealand Breweries .... « SOUTHERN EXCHANGES. (By Telegraph.—Press Association.> WELLINGTON— Late Yesterday. j £ s. d. I National Bank of Aus il 6 New Zealand Breweries 1 CHRISTCHURCH— This Day. Sales on 'Change: J « • fi Okarito Mining (2 parcels) - o 9 9 o in 1 Ditto ••• 0 in 0 Ditto (2 parcels) .... ■ ■ Golden Point (1/ paid), (- Q x 1Q parcels) CHRISTCHURCH —Late Yesterday.^ Inscribed Stock, 1939, 4 a .. 98 10 Bank of New Zealand ...... - Com. Bank of Australasia .. 010 10 Ditto (2 parcels) £ i 3 0 Union Bank ~ , Cornish Point, 1/ I>gV« s > H/TcTfi <= parcels) ; Beath and Company (1/ paid), 2/lL DUNEDIN— This Day. £'s. d. Okarito (2 parcels) ® ® DUNEDIN—Late Yesterday. £ s. d. Bank of New Zealand 2 7 0 Okarito, 0/5. 0/6; Paddy J ]?omt, o/6, Waihi Grand Junction, o/o, o/< Tuesday).

CAI/L AND DIVIDEND LIST

dividends. Due ' N.Z. Breweries—Final, 6$ pc. •.. July 16 National Bank of New Zealand— lg Auckland Gas Co.—lnterim, 8 July 2Q ' Union Bank—Final,' 2 p.c. •■•••• July 31 British Tobacco— Quarterly, prof., gl New ' insurance—Final, 1/ per share •• • ••• xxu °' Com. Bank of Australia—Final, pref 4 p.c. p.a., ordinary 5 p.c. Aug. b

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19310716.2.31.1

Bibliographic details

Auckland Star, Volume LXII, Issue 166, 16 July 1931, Page 4

Word Count
539

ON 'CHANGE. Auckland Star, Volume LXII, Issue 166, 16 July 1931, Page 4

ON 'CHANGE. Auckland Star, Volume LXII, Issue 166, 16 July 1931, Page 4