ON 'CHANGE.

Auckland Star, Volume LXIV, Issue 21, 26 January 1933, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS QUIETENS DOWN. SOUTH BRITISH £2 17/6. After a good spell of unusual activity, business on the Auckland Stock Exchange eased down tliis morning, and at the iiift call only a couple of sales were put through. Values, however, continued firm, and there was no marked weakness in any particular section. Insurances were particularly in favour with Buyers for a number of lines, including A.P.A.'s wanted at G/G, and Mercantile Mutual, quoted locally for the first time, which were asked for at 16/3 for the i 1 share paid to 10/. South British had a sale at £2 17/6, a rise of 4/9 since last month. Farmers' Auctioneering pref. shares were again asked for, and a parcel of A s was on offer at 15/6 and B's at. 13/. Buyers for Bycroft's increased their offers by 6d, to £1 10/6. Union Oils were bid for, but the price offered, £1, was well below the holder's valuation of £1 4/0. Government stocks showed little change. The Noon Call. Only two more sales were recorded at the noon call, and there were few alterations from the 9.30 quotations. Colonial Sugars seemed easier, with £51 the best buying offer. In Government stocks ite's were in demand at £95 5/ and 5 Mi's at £101. SALES COMPLETED. Last Sale. AT THE 3.1 B P.IVI. CALL YESTERDAY— Commercial Bank £0 15 2 .. £0 15 3 Com. Bank (pref.) 719 0 .. 719 O Nat. Bank of Aus. (cont.) (2) 512 6 .. 5 o O Bank of N.Z. .. 2 3 0 .. 2 3 0 Nat Insurance . 014 1 .. 014 O N.Z. Insurance . 2 a 0 .. 2 4 10J .Golden Dawn ... 0 4 6 .. O 4 0 Golden Point .. 0 0 3j .. O 0 2J N.Z. Refrig. (cont.) 0 4 0 .. 0 4 0 New Plymouth H. 8., 5i (1956) 93 0 0 .. 93 0 0 UNLISTED STOCK. Dom. Brewery . 0 6 0 .. 0 6 0 ■AT THE 10 A.M. CALL TO-DAY— South British 9 Insurance .... £2 17 6 .. £s 1- J N.Z. Loan and _ . Mercantile ... S7 10 , 0 .. rf7 10 AT THE 12.15 P.IVI. CALL TO-DAY — Bank of N.Z. ... £2 3 4 .. Kemp., Prosser. 210 0 .. 210 u lIITEREST RATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows for the latest sales. Where Government or municipal stocks are included the calculation provides for redemption at maturity, and for payment of Government 10 per cent stamp tas..— PER CENT PER ANNUM. £ s. d. Commercial Bank 3 5 11 Ditto (pref.) •••• • ? o o* National Bank of Aus. (con.) 4 Jo Bank of New Zealand r r i National Insurance •> » ' New Zealand.lnsurance .... 4 8 iu N.Z. Refrigerating (con.) .. 12 10 o New Plymouth Harbour n Board, 51 (1956) 5 8 0 South British Insurance ... 4 1- J Klempthorne, Prosser 5 « x •Based on interim dividend. . SOUTHERN EXCHANGES.

(By Telegraph.—Press Association.) WELLINGTON, Wednesday. Bonds, 1937, 5J per cent (February•Vu'mst) £101 2/6; Bonds, 1937, 5J per cent (September-March), £101 2/6; Auckland Power Board, 53 per cent 1946, hJb, Bank of New Zealand, £2 3/3 ; Commercial Bank of Australia, 15/2 ; National Bank or Australasia (£5 paid), £o 12/6; New Zealand Insurance, £2 4/6J ; Tooth s Brewery S £l 14/3 ; Waihi, £1 1/3; Kawarau, 7d.* CHIUSTCHURCH, Wednesday. Bonds, 1937, 5J per cent (FebruaryAueust), £101 5/; Stock, 1937, B1 P« cent (February-August), £101 I°/; Stock, 1937, 52 per cent (September-March), £ 101" Coinmercial Bank of Australia, tpref.), £7 19/6, £S (2 parcels) ; National Bank of New Zealand, £3 9/ (3 parcels), £ 3 9/6 (2 parcels) ; Bank of New Zealand, £2 3/5, £2 3/3 (2 parcels) ; New Zealand insurance, £2 4/6; Dalgety and Co., £7 14/ (3 parcels) ; Goldsbrough, Mort, £ 1 4/1 (3 parcels); New Zealand Breweries, £1 7/5, £1 7/10 (3 parcels); British Tobacco, £1.12/3 (3 parcels); Lunlop Rubber, 17/3; New Zealand Drug, £2 10./, (5 parcels), £2 16/3, £2 16/6; Mount I,yell, £1 1/2; Waihi, £1 1/6; New Zealand Refrigerating, 10/ paid, 4/ (12parcels); Big River, 1/3 (3 parcels)) Blackwater, £11/ (2 Parcels); Golden Sands, 2/10; Okarito, 9/1; Waitahu, 4/3, 4/6. DUNEDIN, Wednesday. Stock, 1938, 41 per cent (May-Novem-ber), £95 15/ (2 parcels) ; Bank of New Zealand, £2 3/6, £2 3/7; Commercial Bank of Australia, 15/5; New Zealand Refrigerating, con., 4/, 4/1; Kawarau, bd; Okarito, 9/2 (2 parcels) ; Gillespie s Beach, lid; Waitahu, 4/4.

AUSTRALIAN EXCHANGES.

YESTERDAY'S BUSINESS.

SYDNEY, January 25.

A further appreciation in values of Australian consols was featured in the operations on the Sydney Stock Exchange to-day. New Zealand loans, which sold for the first time since the advanced exchange rate, were marked down to make allowance for that revision. This morning's sales included:—Common-wealth-4 per cent bonds, 1938, £102 2/6: 3 941, £102 3/9; 1944, £102 7/6; 1947, £102 12/6, £102 13/9; 1950, £103 1/3; 1952. £102; 1955, £10115/, £10116/3; 1961, £103. Toohey's Brewery, 20/9; David Jones, New Zealand delivery, 21/3. Closing sales included: —Commonwealth 4 per cent bonds, 1938, £102; 1941, £102 5/; 1944, £102 8/9; 1947, £102 13/9; 1950, £103 2/6; 1953, £102; 1955, £101 12/G; 1957, £101 17/6; 1959, £102 2/6; 1961, £102 17/6. New Zealand securities, 5Vs per cent, 1937, £103; 5% per cent, 1937, for NewZealand delivery, £97 15/; Australian Gas, A shares, £7 3/; Commercial Bank of Sydney, £16 10/; Broken Hill Proprietary, 28/3; Broken Hill South, 46/; Goldsbrough, Mort, 24/G; Winclicombe, Carson, 23/7%, British Tobacco, 33/; Henry Jones, 37/: Adelaide Steam, 22/; Tooth's Brewery, 35/4%.

Melbourne sales included: —Broken Hill Proprietary, 28/6; British Tobacco, 32/9; Commercial Bank of Australia, preference, £8 4/; Electrolytic Zinc, 28/7%.