ON 'CHANGE.

Auckland Star, Volume LXII, Issue 243, 14 October 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

BUSINESS STILL QUIET.

Business on the local Stock Exchange improved yesterday afternoon, but this morning again opened quietly, and only one sale was recorded at the 10 o'clock call. At the fresh bidding there was a steady inquiry in the banking section, but buyers kept rigidly to their recent limits. In the case of Unions the bidder dropped back to £6 9/. New Zealands were again available at £2 4/,. with best buyers at £2 3/6. Amongst pastoral companies Abraham and Williams prefs. were again wanted at £3 5/, and Goldsbrough, Mo'rts at 19/9. There was renewed inquiry for Colonial Sugar at £32 10/, bringing an offer to sell at £35. At the Noon Call.

Better prices were offered for several Government loans at the midday call, but no sales were recorded in these lines. Buyers offered £97 7/6 for the iYz per cent, 1939, and £.96 10/ for the 5% per cent, 1933, loans. The latter quotation was an advance of 10/. The 5% Inscribed loan was asked for at £93 10/, as compared with £92 at the first call. The SV& Loans, 1933 and 1936, were wanted at £98 15/, but the only seller asked par for one line. Tin shares firmed slightly, buyers offering 4/H for Kuala Kampars and 4/6 for Eawangs. Robinson Ice Cream shares, were placed at 14/6, after which buyers dropped 3d. Goldsbrougli, JMort shares firmed to buyers at £1 0/6, but sales did not follow. A buyer came in for Tooheys Brewery shares at 12/, "but quoted. Commercial Bank shares changed hands at 13/2, with further demand at the same price, and no sellers under 13/6. U n i°n Banks recovered a little, buyers advancing their offer to £6 10/. SALES COMPLETED. Last Sale. AT THE 3-tB P.IH. CALL YESTERDAY—

AT THE 10 A.M. CALL TO-DAY— Kemp., Prosser .. 2 5 3 ... 2 8 6 AT THE 12.15 P.M. CALL TO-DAY—

INTEREST RATES. 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:— - PEE CENT PER ANNUM.

•iiaseu on interim uiviaena. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON—Late Yesterday.'

CALL AND DIVIDEND.. XIST. DIVIDENDS. Due. Woohvorths (N.Z.) pref.—lnterim, 41 p.c. ....* i Oct. 15 British Tobacco Co.—Pref., 65 p.c. Oct. 31 S.Z. Guarantee Corp.—Pref. 7 p.c p.a., ord. f .p. sd, a share, con. | 2d ...... Oct. — Vaini Gold Mining—lnterim, 1/ ncr share ;-." • Not. 4

Commercial Bank of Australia ... £0 18 2 .. 013 2 South British Ins. 2 10 9 .. 2 10 9 National Timber 0 5 7.. 056 Bank New Zealand 2 4 0.. 240 Waihi 0 16 11 .. 0 16 10 Mount Lyell 0 17 3 „ 0 17 0

Commercial Bank of Australia ... {0 13 2) .. 0 13 1 Robinson Ice Cream (0 14 6) .. 0 15 0 King Solomon ... 0 2 7.. 029 Waihi (0 16 11) .. 0 17 0 Mou'ntLyell (0 17' 6) .. 0 17 0

. : • ; £ s. d. .- Com. Bank of Australia .... 8 10 11 South"British Insurance .... 5 5 1 Bank of New Zealand ■„.. 6 10 4 Waihi i. 1116 5 Mount Lyell . ... ...... 5 1G ;. 0 Kempthorne, Prosser 6. 3 9* Com. Bank of Australia .... 8 10 0 Waihi 11 9 2 .'. Mount L/cll v.. 5 IS 0

£ s. d. Com. Bank of Australia .... 0 13 1 Ditto ...' 0 13 2 Bank of New Zealand ...... 240 South British 2 10 , 6 New Zealand River Plate ... 1 0 0 New Zealand. Breweries ....' 1 10 0 Mount Lyell .;.0 17 1

CHRISTCHURCH—This Day. £ s. (1. Com. Bank of Australia .... 0 13 4 N,Z. Refrigerating (£1 paid) 0 10 0 United'-Building Society (late sale) 0 14 9 CHRISTCHURCH—Late Yesterday. . ■ i ' "'\ £ s. d. Bank of New Zealand .. 2 3 11 Ditto .2 4 0 , Christchnrch Gas (10/paid) .0 11 10 » United Building 0 14 8 Mount Lyell. ...... 0 17 1 King Solomon, 2/6;.Golden Dawn, 5/6; Gtolde'n Point, 1/ (2 parcels).