ON 'CHANGE.

Auckland Star, Volume LXIV, Issue 31, 7 February 1933, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS BRIGHTENS UP. FORWARD MOVE IN WAIHIS. After a quiet beginning to the week business on the Auckland Stock Exchange livened up yesterday afternoon, and a big list of sales has been put through over the last 24 hours. Keenness for insurances is still a feature of the bidding, and Queensland had a sale at £2 11/, the first for some time. Waihis have made a fresh spurt, and at this morning's call the scrip changed hands, first at £1 1/9 and then at £1 2/, the latter being the highest figure recorded for many years. At this morning's call Dalgety's shares were asked for at £7, and Farmers' Auctioneering prefs. were again in demand, with bids of 13/ for the A's and 11/ for B's. Auckland Gas shares were quoted ex div., with buyers at 19/5 and holders willling to take £1 1/. Christchurch Gas shares were asked for at £1 3/3. The Noon Call. A general firming in the buying quotations was noticeable at the noon call. The tendency extended through all sections. In the banking division, Commercials have buyers at 14/6 after a sale at that figure, with holders 2d ahead, a rise of that amount. New Zealand's buyers stand at £2 4/10, a rise of Id. For New Zealand Breweries, buyers came forward at £1 7/6, with holders at £1 8/6. Gear Meat are up 3d for buyers; but sellers are silent. Though only three sales were reported from the mining section, considerable activity was shown. After a sale of 16/ and one of 16/3, buyers for Alexanders (13/6 paid) came out at 15/6, with selieis at 16/9. Blackwaters have buyers at 19/9 —a 3d increase—while holders will now be content with £1 0/9, a concession of 6d. Bidders for Nokomais stand now at 5/8, with holders 4d away, at 6/. After a sale of Waihis at £1 2/, bidders came forward at £1 1/11, with sellers £1 2/1.

SALES COMPLETED. Last Sole. AT THE 3.1 B P.M. CALL YESTERDAY— N.Z. Insurance .. £2 5 3 .. £2 5 6 South British .. 218 6 .. 218 6 Farmers' Trading 0 2 1 .. 0 2 6 N.Z. Paper Mills 1 2 u .. 116 Okarito 0 0 2 .. O 9 1 Govt. Stock, 5i (1937) 06 0 0 ..95 0 0 Govt. Bonds, 5 (1937) 95 10 0 ..93 0 0 Auckland H. 8., oi (1947) 97 10 0 .. — Wilsons Cement.. 1 8 6 .. 1 S 3 AT THE 10 A.M. CALL TO-DAY— Bank of N.Z. .... £2 5 0 ..£249 Queensland Insc. 211 0 .. — Westport Coal .. 010 5 .. 010 ■ 5 Kauri Timber .. 012 6 .. £1- 6 Nokomai Mines .. 0 6 0 .. 0 o 10^ Waihi 11 o::i i t Grand Junction.. 039 .. 039 AT THE 12.15 P.M. CALL TO-DAY — Commercial Bank £0 14 6 .. £0 14 10 Bank of N.Z. ... 2 5 0 .. 2 5 0 S. Brit. Ince. (2) 218 6 .. 2IS 6 Kemp., Prosser.. 216 0 .. -16 o Alexander Mining olb 0 .. Ola 0 Waihi 1 2 0 •• 1 2 0 INTEREST 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'lo per cent stamp tax: PEE CENT' PER ANNUM. £ s. d. New Zealand Insurance 4 S 5 South British •• • • f " New Zealand Paper Mills .. 6 7 d Wilsons Cement J « * Bank of. New Zealand 5 11 l Queensland Insurance 3 is o SrA. 00 " 1 .:.::::::::::: 6 318 Waihi Grand Junction 8 17 9 Govt. Stock, 51 (1937) .... 6 5 0 Auckland Harbour Board, 51 (1947) 5 16 9 Commercial Bank 3 9 0 Kempthorne, Prosser 5 7 1 SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) ,V . WELLINGTON, Monday. Bonds, 1937, 51 per cent (SeptemberMarch). £101 7/6; Stock. 1938, 41 per cent (May-November), £95 10/; South British Insurance, £2 18/8; New Zealaud Breweries, £1 7/9; Woolworths (N.Z.) (pref.), £1 9/. CHRISTCHURCH, this day. Sales on "Change.—Government 41 per cent Inscribed, 1938, £95 10/,.; Commercial Bank 1 of Australia, 14/6; Bank of New South Wales (cum div.), £28 10/; New Zealand Refrigerating (10/ paid), 3/8 (o parcels) ; New Zealand Breweries, £1 (3 parcels); Staples' Brewery, £1 2/6; Electrolytic' Zinc (pref.), £1 7/9 ; Alexander (con., cum div.), 16/; Blackwater, £1 0/3;. Golden Sands, 2/9 (2 parcels); Mahakipawa, 2d; Nokomai, 5/8. Sales Reported.—Government 41 per cent Inscribed, 1938, £95 15/ (2 parcels). CHRISTCHURCH, Monday. Commercial Bank of Australia, 14/6; pref., £7 17/6; Natioual Insurance, 14/43 ; New Zealand Breweries, £ 1 8/; Wilsons Cement, £1 8/6; Golden Dawn, 4/; Nokomai, 5/81 (3 parcels), 5/8. DUNEDIN, this day. Sales Reported,.—Union Oil, £ 1 3/6 ; Nokomai, 5/8. i Sale Reported (after call). —Gillespie's Beach, 1/11. DUNEDIN, Monday. New Zealand Paper Mills, £ 1 2/; Kildare, 2/1; Okarito, 9/3; Blackwater, 20/3. AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, February 6. On the Sydney Stock Exchange to-day there was a fairly strong tone and an increased turnover. Banks were firm, but breweries were quiet. Commonwealth bonds were irregular and easier. This morning's sales included: —Commonwealth 4 per cent bonds, 1938, £102 10/; £102 12/6; 1947, £103 10/; 1950, £103 7/6. Commercial Bank of Sydney, £16; Australian Glass, 46/9; British Tobacco, 33/3. Included in closing sales were:—Bank of New South Wales, £30 5/; Commercial Bank of Sydney, £16; National Bank (£5 paid), £5 16/; Colonial Sugar, £54 2/6; Burns, Philp, 48/3; Tooth's Brewery, 35/3; Tooth's Brewery, New Zealand delivery, 35/3; Goldsbrough, Mort, 24/1%; British Tobacco, 33/6; Morris Hedstrom, 17/9; Dunlop, Perdriau, 17/3; Carlton Brewery, 35/10%; Broken Hill Proprietary, 27/; Australian Glass, 46/9. Commonwealth bonds: .3% per cent, 1942, £99 17/6; 3% per cent, 1947, £101 5/; 4 per cent, 1938, £102 10/; 1941, £102 11/3; 1944, £102 16/3; 1947, £103 10/; 1950, £103 10/; 1953, £102; 1955, £102 10/; 1957, £102 13/9; 1959, £103 3/9; 1061, £103 7/6. New Zealand . stock, 5H per cent, 1937, £104 10/. The Melbourne sales included:—Hud- j dart-Parker, pref., 24/6; British Tobacco, 33/3; Goldsbrough, Mort, 24/; Electrolytic V Zinc, 17/1; North Broken Hill, 70/'. LONDON STOCK EXCHANGE. i (Received 11 a.m.) ' LONDON, February 6. f P. «ad O. deferred stock, 16/9. \