ON 'CHANGE.

Auckland Star, Volume LXIV, Issue 200, 25 August 1933, Page 4

ON 'CHANGE.

BUSINESS IS FAIR.

BLACKWATERS AT £1 14/9,

Bidding at the first call to-day "was steady but quiet, and there were indications of 'weakness in some lines. Buyers were less keen for bank shares, but insurances and mining held their late values.

Farmers' Auctioneering shares were in request, with buyers for the ordinary £5 shares at £2, for the A £1 preference at 15/9, and for the B's at 14/11. The picked lines in the mining group again attracted attention, and Blackwaters reached a new high level, with a sale at £1 14/0. Waihis were in steady demand at £1 4/9. There was little change in Government stocks, but in the unlisted section Claude Neons, witti a sale at £1 12/6, showed a rise of 6/6, compared with a previous transaction in June. The Noon Call. At the noon call the unlisted section again provided a share of the business. There was another sale of Claude Neons 6d higher, at £1 13/, and a parcel of Timberlands Wood Pulp bonds was placed at £20. Waihis and Grand Junctions both firmed up a little, with sales at £1 4/11 and 4/ respectively. Buyer?, came in for Commercial Bank of Sydney at £17 2/6, for Dalgety's at £9, and for Pukemiro Collieries at £1 2/. SALES COMPLETED. Last Sale.

•Based, on interim dividend. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, this day. Sales.—4 per cent stock (1940), £100 7/6; National Bank of New Zealand, £4 0/6 (2 parcels) ; Bank of New Zealand, £1 S/2 £2 8/3 (2 parcels) ; Wellington Gas (ord.), £1 13/8. WELLINGTON, Thursday. Stock, 15/1/40, 4 per cent. £101 ; Commercial Bank of Australia, 16/1; Bank of New Zealand, £2 8/3 (2 parcels), £2 S/4 , Wellington Gas, £1 13/8 (3 parcels) ; Gear . Meat, £1 11/; New Zealand Breweries, £1 13/4: Staples', £1 5/6; Tooths, £1 17/9, List. —National Tobacco, £ 3 3/. CHRISTCHURCH, this day. Sales on 'Change.—Commercial Bank of Sydney. £17 6/6; National Bank of Australasia (£5 paid), £5 3/6; Bank of New South Wales (cum div.), £32 12/6 (o parcels), £32 15/; Bank of New Zealand, £- 8/1; New Zealand Refrigerating (£1 paid), 16/2; Howard Smith, 11/2, 11/3, 11/5; Big River, 1/5; Golden Point, 2Jd; Mahakipawa, 2d (2 parcels) ; Nokomai, 3/21; Okarito (cum div.), 12/, ■12/01, Government 4 per cent inscribed, 1940, £101: National Bank of New Zealand, £4 0/6- Loan and Mercantile (ordinary stock), -£46 10/. CHRISTCHURCH, Thursday. Bonds, 15/1/40, 4 per cent, £101; Stock, 15/1/40, 4 per cent, £101 (2 parcels); ditto, 15/6/55, 4 per cent, £100 7/0; Commercial Bank of Australia, 15/10 ;'Commercial Bank of Sydney, £17 2/6 (6 parcels), £17 3/, £17 3/3, £17 3/6 (2 parcels) ; National Bank of New Zealand, £4; Bank of New Zealand, £2 8/2; Goldsbrough, Mort £1 7/7, £1 7/8; New Zealand Breweries, £1 15/8, £1 15/7; Bell, Kilgour, 1/4; Maliakipawa, 2d. DUNEDIN, this day. gales. — New Zealand Refrigerating (con.), 7/1 (2 parcels); Kildare, 2/3; Freshford, 7|d; Southland Frozen Meat (paid), £2 11/. DUNEDIN, Thursday. New Zealand Refrigerating (con.), 7/; Okarito, 12/, 12/1. AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, August 24. - On the Sydney Stock Exchange to-day the turnover was heavy with enhanced prices for gilt-edged stocks. Other sections of the market were steady, although bank shares in some instances lost ground. This morning's sales included: —Commonwealth 4 per cent bonds—l 947, £104 10/; 1950, £103 2/6; 1953, £103 10/; 1959, f 104 12/6. Bank of New South Wales, £32 12/6; Goldsbrough, Mort, 28/6; Howard Smith, 11/6. _ _ _ Sales this afternoon included:—Bank of New South Wales, £32 12/G; Commercial Bank of Sydney, £17 12/; National Bank (£5 paid), £6 5/; National Bank (£lO paid), £13; Associated News, 8/5; Howard Smith, 11/6; Australian Gas, A shares, £7 f>/: Australian Glass, 49/9; Anthony Hordern, 10/6; Henry Jones, 38/9; Carlton Brewery, 39/1%; Goldsbrough, Mort, 28/6; Lustre Hosiery, 14/8; Tooth's Brewery, 3S/3; Toohev's Brewery, 23/1%; John McGrath, 27/; Standard Cement, 15/9; Hoyts, B preference, 6/9; Broken Hill Proprietary. 37/1%; Zinc Corporation, 33/7%; Bulolo Deposits, 2/2; Bulolo Gold, 92/3; Mount Morgan, 40/. Commonwealth 4 per cent bonds —1938, £103; 1941, £103 5/; 1944, £103 11/3; 1950, £103 8/9; 1953, £103 12/6; 1955, £103 15/; 1957, £104 7/6; 1959, £104 16/3; 1961, £105. Melbourne sales included: —Metropolitan Gas, £12 14/; Australian Glass, 50/; Howard Smith, 11/6; National Bank (£5 paid!, £6 G/; ■ "Herald" and "Weekly Times," 45/; Nestle'a, preference, 33/; Taranaki Oil, 2/6.

AT THE 3.15 P.m. CALL YESTERDAY— Hank of N.Z. ... £2 8 3 .. £2 8 4 N.Z. Insurance . 2 12 0 .. 2 12 6 J'. and O. Deferred 12 0 .. 1 2 ft Staples Breweries 1 5 6 .. I BO Okarito 0 12 0 .. 0 12 1 Waihi 1 4 9 .. 1 4 0 Gis. Sbeepfarmers, deb.. 1041. 6J .. 85 0 0 ..81 0 0 Hell Hooper O 0 9$ .. 0 0 9 Kawarau 0 0 6J .. 0 0 6} /. UNLISTED. Claude Neon 1 12 .. .. 1 6 0 AT THE 10 A.IVI. CALL TO-DAY— F. S. aud A. Bk. £5 0 6 .. £5 8 9 Nat. Bk. of N.Z. - 4 0 0 .. 4 0 0 Auckland Gas ... 1 " 3 .. 13 3 Bladkwater • 1 14 9 .. 1 13 0 Broken Hill .... 1 16 8 .. 1 14 6 City.of Anck., 51, 1965 ...... 100 0 0 .. — Franklin County 98 0 0 .. — UNLISTED Claude Neon . . . . 1 12 6 .. AT THE 12.15 P.M. CALL TO-DAY — Colonial Sugar .. £58 0 0 .. £58 7 6 Nokomai ........ 0 3 2 .. 0 o a 0 3 24 .. 0 3 2 Waihi 1 4 10 .. 1 4 9 XV 1 4 11 .. 1 4 10 Grand - Junction .. 0 4 0.. 0 3 11 UNLISTED. Timberlands Wood Pull) •••>• 2 ° 0 ?> •• i Ti 6 Claude Neon .... 1 lo 0 • • 1 1 " 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. d. Bank rtf New Zealand 4 13 3 New Zealand Insurance .... 3 lb Staples' Breweries g " •' Waihi ° . E.. S. and A. Bank - }« * National Bank of N.Z ~ 10 0 Auckland Gas 4 14 £ Broken Hill Proprietary ... 5 8 8 • Auckland City, l/l/6o, 51 Claude Neon 4 *7 Blackvater ■ • • ■ • ® Franklin County, 1/12/49,54 4 14 0 Colonial Sugar 4 o s Waihi • | ® •„ Grand Junction 8 " 8