ON 'CHANGE.

Auckland Star, Volume LXIV, Issue 150, 28 June 1933, Page 4

ON 'CHANGE.

BUSINESS RATHER BETTER. COLONIAL SUGARS IMPROVE. Business 011 the local Stock Exchange improved yesterday afternoon. A good list of sales was finalised at the last call, and a fresh lot was put through at the first call this morning. There were few changes iu the banking section, and New Zealand.?, after fresh business at £2 7/9, were still asked for at that figure. New Zealand Insurances again attracted interest, but within rigid limits, only a penny separating buyer and seller. Goldsbrough, Morts were quoted ex dividend, with buyers at £1 0/. Donaghy's Rope was again on offer at £2 0/3, bringing in a buyer at £1 17/0. Colonial Sugars were firmer, with buyers at £57 and no sellers forthcoming. In the mining section Alexanders again went higher, and after a sale at 18/ buyers still offered that figure, while holders moved up to 19/3. Blackwatcrs, too, were firm, with buyers at £1 4/9, and sellers holding off. Waihis showed a tendency to case, being again on offer at £1 1/10. Government stocks were unchanged. Quiet Market at Noon. At a quiet noon call no sales were made, but several were reported, showing a general steadiness in values. There was a slight easing in offers for Commercials of Australia and Bank of New Zealands, but sellers held firm. A sale of New Zealand and River Plate, the first for a considerable time, showed a reduction of 5/. The morning rise of Alexander Mines was confirmed by further business at the higher level, and there were more buyers at the same figures, with holders 1/ above. SALES COMPLETED. Last Sale. AT THE 3.15 P.IH. CALF. YESTERDAY— Bank of N.Z. ... £2 7 0 .. £2 7 0 Colonial Sugar .. 57 O O .. 50 10 0 N.Z. Kefrig." (cont.) 0 510 .. o <; l Con. Goldfields . 031 5 .. Oil 1 Walhi 1 1 10 .. 1 2 0 Stork. 15/3/3S-43, Si p.c 99 17 6 .. 09 15 0 N:it. Mort. Agency R pref. (£1 pil.) 1 " O •• — N.Z. Breweries . 113 6 .. 113 9 A T THE 10 A.m. CALL TO-DAY — Nat. Bk. of N.Z. CIS O .. £3 IS O Rank of N.Z. (2) 2 7 0 .. 2 7 9 Aust. Provincial . 010 7j -. 010 2 Alexander Mines. OIS 0 .. 015 6 ttolconda 0 0 91 .. 0 0 Orand Junction . 0 3 3 .. 0 3 3 Mt. Eden, 1/4/G7, 53 9S 0 0 .. — AT THE 12.115 P.M. CALL TO-DAY— Commercial Bank £0 10 3 .. £0 10 3 Bank of N.Z. ... 2 7 0 .. 2 7 0 N.Z. and River Plate 1 1 0 .. 1 0 6 Alexander OIS 0 .. OIS 0 Big River 0 1 6 .. — INTEREST RATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows on the latest sales. Where Government stocks are included the calculation provides for redemption at maturity. In the case of local body issues allowance is also made for 20 per cent interest reduction:— PER CENT PER ANNUM. £ s. <J. Bank of Now Zealand 4 14 3 Colonial Sugar 4 7 9 Wailii 9 -1 2 National Mort. (£1 paid).. 4 OH Nt'w Zealand Breweries .... 4 3 7 National Bank of N.Z 212 0 | Commercial Bank 3 1 P. River Plate G 10 0 SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Tuesday. Stock. 1055, 4 per cent (June-December). £100 12/0; New Zealand Breweries, £1

14/; Henry Jones Co-op., £1 17/6 (2 parcels) ; Central Shotover, 1/IJ. CHRISTCHURCH, this day. Sales on 'Change.—New Zealand Government 4 per cent inscribed stock, 1949, £100 15/; Bank of New South Wales, £31; Union Bank of Australia, £S 8/; Tooth's Brewery, £1 10/7 (3 parcels); Mount Lyell, £1 1/11; Alexander (13/G paid), IS/ (3 parcels) : Bis River, 1/0 (5 parcels) ; Freshford, 1/OS (2 parcels) ; Gillespie's Beach (9d paid), 1/0$; Golden' Sands, 3/ ; Okarito, 10/3 and 10/4. CHRISTCHURCH, Tuesday. Stock, 1940, 4 per cent (FebruaryAugust), £100 10/; Bank of New Zealand. £2 7/D (2 parcels) ; Bank of New Zealand (D pref.), £1 10/; Goldsbrough. Mort, £1 6/7; Timaru Brewery (7/0 paid), 3/11; Tooth's Brewery, £1 IG/8; Henry Jones Co-op.. £1 17/3; Mount Lyell, £1 2/; Freshford, 1/; Gillespie's Beach, 1/0; Nokomai, 3/9; Okarito, 10/3. DUNEDIN, this day. Sales on 'Change.—King Solomon, 2/ ; Big River, 1/0. Reported Sales.—Refrigerating (con.), 5/9 ; Cornish Point, 4d ; King Solomon, 2/ ; Nokc«nai, 3/9 J. Sales After Call.—Refrigerating (con.), r./0 (2 parcels) ; King Solomon, 2/; Gillespie's Beach, 1/OJ. Unlisted. —Bell, Hooper, lljd. DUNEDIN, Tuesday. Bruce Woollen (pref.), £1 (3 parcels); Okarito, 10/2; Central Sliotover, 1/3 (2 parcels); Snowy River, 3/0, 3/Ci (2 parcels). AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, June 27. On the Sydney Stock Exchange to-day there was considerable activity and business was spread over a wide area. Giltedged stocks were neglected, however. The market was steady, though there was a sharp rise in Colonial Sugars. This morning's sales inclrtled: —Commonwealth 4 per cent bonds, ID3B, £102 13/0; 1944, £103 7/6; 19i7, £104; 1950, £104 2/0; 1901, £103 15/. Toohey's Brewery, 23/6; Associated News, 8/11; Dunlop, Perdriau, IS/'7 J /i; Goldsbrough, Mort, 27/; Kandos, New Zealand delivery, 17/0; Winclicombe, Carson, 26/. Sales this afternoon included:—Bank of New South Wales, £31 10/; Queensland National Bank, £5 5/; Union Bank, New Zealand delivery, £8 15/6; Colonial Sugar, £59 2/G; Mercantile Mutual Insurance,- 18/9; Anthony Hordcrn, JO/; ditto, preference, 19/; Associated News, 8/9; ditto, preference, 19/3: Burns, Philp, 50/0; I Dunlop, Perdriau, 18/7%; Electrolytic Zinc, 20/6; ditto, preference, Sl/10 Drug Houses of Australia, 19/; Standard Cement, 14/; Kandos, New Zealand delivery, 17/6: Henry Jones, 38/9; Morris, Hcdstrom, 17/3; Berlei, 27/; British Tobacco, 34/9; Tooth's Brewery, 37/9; ditto, New Zealand delivery. 37/9; Toohey's Brewery, 23/6; Mount Lyell, 21/9; Broken Hill Proprietary, 34/6. Melbourne sales included: —Commercial Bank of Australia, 16/8; ditto, preference, £9 3/; "Herald" and "Weekly Times," 50/6; Diralop. Perdriau, IS/7; South Broken Hill, 56/3; Norths, 83/6; Mount Lyell, 22/.