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ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS QUIET. WAIHIS SLIP BACK. Business on the local Stock Exchange is rather quiet, and only a few sales have been recorded during the past 24 hours. A notable feature has been a further easing in Wailris, as a consequence of fears that heavy additional taxation may be imposed upon the company. The scrip sold at 17/ early in the week. At the fresh bidding there was a fair all-round inquiry, but no other business resulted. In the banking section holders of Australasias advanced their reserves to £8 21, and lowest seller of Commercials asked 13/9. Buyers for' P. and 0. deferred stock offered £13/. Breweries were in demand, and a buyer came in for Tooheys at 12/. Rawang tin shares were quoted ex div., with buyers at 4/3. The Noon Call. At the noon call buyers for Commercial Banks moved up to 13/6, and for New Zealands £2 3/8 was offered. _ A bidder for P. and O: stock raised his price to £1 3/b. Woolworths pref. shares were quoted ex div., with buyers at £1 3/6. New Zealand Breweries were firm, with buyers at ii 9/9, and sellers asking £1 10/2. In Government stocks buyers dropped their offers for 4%'s to £97, and raised thenreserves on 5Vs (1937) to £99 10/. SALES COMPLETED. Last Sato. AT THE 3.1S P.M. CALL YESTERDAY— Govt. Bonds 1033 0 0 .. £9S 0 0 Union' Bank Cl 5 0 .. 611 0 AT THE 10 A.M. CALL TO-DAY— Waihi ... 016 6 .. 016 9

AT THE 12.18 P.M. CALL TO-DAY — Waihl Grand June. 0 3 7.. 030* Whangarei 8.C.. I 1961, 5J p.c. 05 10 0 .. — 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. f s. <i. Union Bank 5 .8 7 Waihi 12 18 0 Waihl Grand Junction 9 . b u Whangarei Borough Council, 55 (1961) 6 2 0 SOUTHERN EXCHANGES. (By Telegraph.—Press, Association.) WELLINGTON—This Day.', £ S. d. , N.ZT. Refrig. (10/ shares) ... 0 3 10 Reported: Union Bank 6 15 3 WELLINGTON —Late Yesterday. £ s. d. Union Bank (2 parcels) 6 15 0 N.Z. Breweries (2 parcels).. 1 10 0 Henry Jones Co-op. ....... 1 0 0 CHRISTCHUKCH—This Day. Sales on ■ 'Change : £ s- d. Com. Bank of Australia (3 parcels)-.- .*■;....' .: 0 13 6 NiZ. Refrig. (10/ paid), (2 . parcels) ................. 0 o •■. I Tooth's Brewery 0 17 3 Ditto - 0 17 4 Ditto .....-...:.... 017 6 Cornish Point (5 parcels) .. 0 0 3J King Solomon (3 parcels) .. 0 .2 5 Okarito .....:. 0 9 8 CHRISTCHURCH—Late Yesterday. £ s. d. Com. Bank of Australia .... 0136 Ditto 0 13 5 Union Bank - - 6 15 0 .N.Z. Rcirig. (10/. paid), (3 . parcels) .....; ■ 0 . 6 n New Zealand Breweries .... 1 10 0 Tooth's Brewery 0 16 10 British Tobacco 1 3 0Colonial Sugar •••• 32 15 0 King Solomon, 2/5 J.; Golden Point. (2 parcels), 1/. DUNEDIN —Late Yesterday. £ s. d. Bank of New Zealand 2 3 10 Kildare 0 1 9

CALL, AND DIVIDEND LIST. DIVIDENDS. • • , Due. Woolworths (N.Z.) pref.—lnterim, 4J p.c. ••• Now British Tobacco Co. —Pref., 65 p.«. Oct. 31 N.Z. Guarantee Cor^). —Pref. 7 p.c. ' p.a., ord. f.p. 5d a share, con. 2d I i Oct. — Waibi Gold Mining—lnterim, 1/ per share Nov. 4

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19311016.2.33.1

Bibliographic details

Auckland Star, Volume LXII, Issue 245, 16 October 1931, Page 4

Word Count
559

ON 'CHANGE. Auckland Star, Volume LXII, Issue 245, 16 October 1931, Page 4

ON 'CHANGE. Auckland Star, Volume LXII, Issue 245, 16 October 1931, Page 4

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