ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 187, 9 August 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS !N SHARES. BANK OF NEW ZEALANDS SLIP BACK. Moderate business lias been done on the local Stock Exchange over the last 24 hours, with recent values, generally speaking, maintained. An exception is provided in the case of Bank of New /Sealands, which have shown a sharp relapse from the peak prices of last week. There was a sale at the 3.15 p.m. call yesterday at £2 7/9, a drop of (id, and at this morning's call a parcel changed hands at £2 7/3, after which buyers dropped back to £2 6/9, with holders asking £2 7/0. Commercials were steady, with buyers at 14/. Auckland Gas shares were a little firmer, with buyers at £1 0/6. Mount Lyells were again in request, and buyers moved up to 18/6. In Government stocks 4V&'s were wanted at £95 and oYz's at £101 to £101 2/6, according to date of issue. Par was available for Auckland Harbour Board 6 per cent (1941) debentures, and Waihis were firm, with buyers at 15/9. The Noon Call. The insurance section was again strong, and there were buyers for South British at £2 15/, with sellers asking £2 15/6. In mining there were few changes in values, and Mount Lyells were still offered at 18/10. There was an advance in buyers for Bulolo, but none were available. SALES COMPLETED, Last Sale. AT THE 3.16 P.M. CALL YESTERDAY— Bank New Zealand £2 7 9 .. £2 8 3 New Zealand Ins. 2 0 3.. 203 Golden Dawn ... 0 5 0.. 0 4 10 Golden Point ... 0 0 61 .. 0 0 61 Mount L.veil 0 IS 5 .. 0 IS 3 Colonial Sugar .. 42 7 G .. 42 5 0 AT.THE 10 A.IYI. CALL TO-DAY— Bank Xew Zealand 273.. 279 N.Z. Breweries .. 15 2.. 151 Henry Jones .... 19 3.. — AT THE 12.15 P.M. CALL TO-DAY— Commercial Bank

of Australia .. 014 1 .. 014 1 National of N. 55... 3 9 0.. 3 8 tt Union Bank 7 10.. 700 Mount Lyell 0 .. OIS 5 INTEREST RATES. The return to the investor on his outlay, based upon the iatest dividends, works out as follows for the latest sales:— PER CENT PEII ANNUM. £ b. d. Bank of New Zealand 6 0 1 New Zealand Insurance .... 4 19 0 Mount Lyells 5 6 2 Colonial Sugar 5 17 11 New Zealand Breweries (5 7 3 Henry Jones 4 5 6 Commercial Bank 3 10 11 National of New Zealand .. 5 15 Union .... 2 1G 8 fßascd on interim dividend. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) CHRISTCHURCH, Monday. Bonds, 1933, 5J per cent (January July), £93 15/ ; Commercial Bank of Australia, 14/; Huddart-Parker, £1 6/4J ; Westport Coal, 12/3; British Tobacco, £19/; North Canterbury flour, 12/. WELLINGTON, Monday. Bonds, 1938, 4J per cent (May-Novem-ber), £95 10/; ditto, 1933, 5J per cent (January-July), £99 15/; Stock, 1938, 4J per cent'(May-November), £95 10/; ditto, I'J37, 5J per cent (September-March), £101 5/; Bank of New Zealand, £ 2 8/4, £ 2 S/3; Union Bank, £7; Northern Steam, 7/; New Zealand Breweries, £ 1 5/3; Mount Lyell, 18/3, 18/6.

DUNEDIN, this day. Sales Reported.—E., S. and A., £42/; Kefrigeratiug (con.), 4/3. DUNEDIN, Monday. Stock, 1937, 5J per cent (SeptemberMarch), £101 5/; Mount Lyell, 18/9; Okarito, 9/. AUSTRALIAN EXCHANGES. ' YESTERDAY'S BUSINESS. SYDNEY, August 8. On the Sydney Stock Exchange to-day there was unusual activity for a Monday. It was thought to have been due to the improvement in conditions in America and in commodity prices, also to reduced bank rates. Many investors are giving attention to profit-making concerns. Banks also are firmer. This morning's sales were::—Commonwealth 4 per cent bonds, 1938, £99; 1941, £98 17/6; 1944, £98 18/9;' 1955, £97 15/; Commercial Bank of Sydney, £16; Bank of New South Wales, £29 7/6; Colonial Sugar, £47 12/6; Tooth's Brewery, £1 10/7%; Tooheys Brewery, 19/10%; Australian Gas, A shares, £6 10/; Broken Hill Proprietary, 19/; Goldsbrough, Mort, £1 6/3. " Sales this afternoon were:—Bank of New South Wales, £29 7/6; Commercial Bank of Sydney, £16; English, Scottish and Australian Bank, 91/6; National Bank (£5 paid), £5 14/6; Queensland National Bank, £5 5/; Colonial Sugar, £47 13/; Queensland Insurance, 44/; United Insurance, £8 15/; Adelaide Steam, 19/9; Australian Gas, A shares, £6 12/; Toohey's Brewery, 19/10%; Tooth's Brewery, 30/7%; Carlton Brewery, 34/6; Australian Glass, 41/3; Goldsbrough, Mort, 26/; Winchcombe, Carson, 22/; Electrolytic Zinc, 16/8; Dunlop Perdriau, 13/6;_ Sulphide Corporation, 9/6; Zinc Corporation, 25/; Mount Lyell, 20/10%; Broken Hill Proprietary, 18/10%; North Broken Hill, 64/9; Souths, 47/6; Taranaki Oil, 1/6. Commonwealth 4 per cent bonds, 1938, £99; 1944,- £98 17/6; 1947, £98 18/9; 1950, £99 7/6; 1955, £97 15/; 1957, £97 18/9; 1959, £98 5/; 1961, £98 10/.

Melbourne Bales were:—National Bank (£lO paid), £12 9/; Goldsbrough, Mort, 25/9; Carlton Brewery, 34/6; "Herald" and "Weekly Times," 51/9; Millaquin Sugar, 26/6; North Broken Hill, 64/3; Mount Lyell, 21/. t

P. AND O. STOCK.

(Received 9 a.m.) LONDON, August 8. P. and O. deferred stock is quoted at 18/3. NEW YORK TRADING. MARKET STEADIES DOWN. (Received 10 a.m.) NEW YORK, August 8. The market surged violently higher between successive waves of profit taking on Monday, but on the whole it retained only r.bout half of the extreme gains of two to eight points in the leaders in the first 85,000,000 share day in more than a year. The closing tone was steady.

AUSTRALIANS IN NEW YORK

NEW YORK, August 8. Sales of Australian Government bonds on Wall Street to-day compare with those of recent dates as follow:— Dollars. Dollars. Commonwealth—■ Aug. 1. Aug. 8. 5 p.c. .Tun.-July, 1955 .. 72 715 3 p.c. .Mar.-Sept., 1957 . 715 713 41 p.c. May-Nov., 1956 . 65 64J South Wales— 5 p.c. Fefc.-Aug., 1957 .. 67S 67 1958 * 07 - Sgl 831