ON 'CHANGE.

Auckland Star, Volume LXII, Issue 202, 27 August 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

GOVERNMENT STOCKS WEAK,

BANK OF NEW ZEALANDS STEADY

A fair amount of business has been transacted on the local Stock Exchange during the past 24 hours, and the weakness in Government stocks does not appear to have affected other securities, and they have shown little change.

The easing in Government scrip referred to yesterday was confirmed with a sale of 5Wb (1937) at £98 10/, a drop of 35/ within the last few days. At this morning's call the line was on offer at £99, and 4&'s were available at £97 5/. Buyers stood off, and there were no bidders in the Government section —an unusual occurrence.

Bank of New Zealands seem to have steadied after the recent decline, and after further business at £2 4/8 holders retired to £2 5/.

Pukemiro Collieries were offered a shade cheaper at £1 15/, and Thames Theatres were available at 14/6.

Bank of New South Wales were quoted ex div., with buyers at £24.

National Banks Lower.

At the noon call v a weakening was noticed in New Zealand National Bank shares, which were offered at £3 12/6, with the highest bidder stopping at £3 ]()/. Last month this scrip was selling at four guineas. New Zealands also eased again, with holders offering to take £2 4/6, and £2 3/6 the best buyer. There was no improvement in Government stocks, and the only buying offer was one of £97 for a parcel of 5Ya (1937) bonds. Bank of Australasias were a little easier, and after two sales, one at £8 8/ and the other at £8 7/6. there were sellers at £8 7/, but buyers had withdrawn. Following yesterday's activity in Christchureh, New Zealand Breweries were in demand, and after sales at £1 8/4 and £1 8/5 there were still buyers at £1 8/3.

SAXES COMPLETED.

Last Sale.: AT THE 3.15 P.M. CALL YESTERDAY— Auckland Gas ... £1 3 1 .. £1 3 1 Bank New Zealand 2 4 6.. 246 Waihi 013 6 .. 015 7 King Solomon ... 0 3 0.. 030 Govt. Loan, 1937, 5i p.c 98 10 0 .. 99 12 6 Mt." Roskill R. 8.. 1960, 5| p.c. ... 100 0 0 .. 100 0 0 Bycroft's 16 6.. 180 Wilsons Cement.. 116 6 .. 115 6 AT THE 10 A.M. CALL TO-DAY— N.Z. Breweries ... 18 6.. 196 King Solomon ... 0 3 1.. 030 Mount Lyell ..... 016 9 .. 016 8 AT THE 12.15 P.M. CALL TO-DAY— Bank. Australasia 8 8 0.. 880 8 7 6.. 880 N.Z. Breweries .. 18 4.. 186 1 8 5 .. 1 8 4

INTEREST BATES

The return to the investor on his outJay, 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. Auckland Gas ;..♦.. 618 7 Bank of New Zealand ....... 6 9 2 Waihi ;-.. 12 18 10 Govt. Loan, 55 (1937) , 5U6 1 Mount Roskill Road Board, 55 (1960) 5 15 0 Bycroft's 7 4 8 Wilsons Cement 6 17 0 New Zealand Breweries .... 8 15 8 Mount Lyell 5 19 3 Bank of Australasia ...... 7 15 2 SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON—This Day. Sale Reported: £ s. d. Bank of Australasia 8 7 6 WELLINGTON—Late Yesterday. £ s. d. Inscribed Stock, 1937, 55 (late sale Tuesday) ..... 99 0 0 Govt. Bonds, 1938, 45 97 0 0 Bank, of New Zealand 2 5 75 Ditto (late sale Tuesday) 2 5 9 Golden Point 0 1 4 CHRISTCHDRCH—This Day. Sales on 'Change: £ s. d. Commercial Bank 0 13 4 Ditto (4 parcels) 0 1.3 5 Bank of New Zealand 2 4 0 Union Bank 6 8 6 Goldsbrough, Mort 0 18 11 Christchurch Gas 1 5 3 N.Z. Breweries (3 parcels) ..183 Ditto 1 8 4 Mount Lyell 0 16 11 Tooth's Brewery 0 17 3 King Solomon 0 3 2 Ditto (5 parcels) 0 325 CHRISTCHURCH—Late Yesterday. £ s. d. Govt. Bonds, 1937, 55 99 0 0 Inscribed Stock, 1939, 45.. 95 15 0 Inscribed Stock, 1938, 45.. 96 0 0 War Bonds, 1938, 41 96 0 0 Goldsbrough, Mort (2 parcels) 0 19 0 N.Z. Refrig. (con.) ...0 38 New Zealand Breweries .... 1 9 5 Ditto 1 80 Ditto 1 9.2 Ditto 18 4 King Solomon (3 parcels), S/15 ; Cornish Point, 7d; Golden Point, 1/ paid, 1/3 (3 parcels). . Day. New Zealand Refrigerating Co. (con.) 0 3 8 King Solomon 03 2 Ditto 0 3 3 DUNEDIN—Late Yesterday. £ s. d. King Solomon (2 parcels) '.. 0 3 2

QAIJL. AND DIVIDEND LIST. DIVIDENDS. Due. Bauk of New South Waleß— Quarterly, 8/ a share Now Huddart, Parker—lnterim, pref. 3 p.c, ord. 2J p.c Sept. 17 Standard Insurance—Final, 1/3 a share Sept. — CALLS. Timaru Brewery Co. (con.)— 2/6 per share .............. Oct. 5