ON 'CHANGE.

Auckland Star, Volume LXV, Issue 17, 20 January 1934, Page 4

ON 'CHANGE.

NOT SO BUSY

QUIETER THIS MORNING

ADVANCE IN BLACKWATERS.

The rush of business on the Auckland Stock Exchange lias eased off, and sales over the last 24 hours have been about normal. At this morning's call the demand for banks and insurances was not quite so keen, though there were few alterations in quotations. Buyers tor National nun ed up to £4 4/0, but there were no sellers. Not till the mining section was called -was there any special interest, and then t lie sensation of the week was provided by a sharp rise in Blackwaters. Yesteiday the highest bid for this £ 1 6Cl ', a . s £1 U/. To-day it started off at 1-1 10/, and rose sharply to buyers at i-1 14/> and holders asking 4/ more. It is understood that buying orders from London, where the company has its headquarters, were responsible for the rise. Simultaneously the 4/ shares of the associated holding company, Consolidated Gold, moved up in sympathy. Yesterday there were buyers at 14/, and sellers at 16/6. 10-clay buyers went to 10/9, and holders asked ]S/.

Wailiis were steady, witli sales at £1 30/, after which buyers dropped back to £1 0/8. King Solomons had fresh business at 3/S, and Okaritos eased a fraction with sellers at 9/8. Devonport Steam Ferries were again in demand at £1 1/3, and Colonial Sugars were wanted at £64 10/. Mount Lyells firmed up again, and had buyers at £1 4/9, with lowest sellers asking £1 5/6. Government stocks showed little change. SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. £sd £ s d A.P. Assurance .. 033 2 .. 011 2 Nat. Insurance .. 018 7 .. 018 i Renown (pref.) .. 00 0 .. 0O 10 Taupiri 015 3 .. 030 t> Devonport Steam. 116.. 1 0 o Leyland O'Brien . 10 6.. 10b Gillespie's Beach. 0 111.. 0 0 King Solomon ... 0 8 0 .. o o 8 UNLISTED. Claude Neon .... 260 .. 2 60 AT THE 9.50 A.M. CALL TO-DAY— A.r. Assurance .. 011 2 .. 011 j> Bycroft -j £ jj •• r ~ o King Solomon ... 0 o 8 .. o o. s> Talisman 0 o 0 .. 0 .. 0 Waihi 110 0 .. 110 u Waitemata P. Bd. _ - (1/6/61), 5i 100 lo 0 .. 100 lo 0 INTEBEST KATES. 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 ca eulation 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. A. P. Assurance 1 f g National Insurance f » J Taupiri « " - Devonport Steam * » Leyland-O'Brien 4 17 b Claude Neon 5 •' " Bycroft * ,1 V Waihi ■• • - 6 13 Waitemata Power Board, oi (1/6/64) 4 o 0 SOUTHERN EXCHANGES. ' WELLINGTON, Friday. Sale*.—Ruial Bonds. 15/0/47, 5, £07 10/; Stock, 15/3/80-43, 3J, 4 £101 l**/.: English, Scottish and Australian Bank, £.> -'5, £5 15/6, £5 16/; National Lank of New Zealand. £4 7/6; National Insurance, IS/7 (.2); New Zealand Refrigerating ( ~1 paid), £1; Westport Coal, 14/0; Staples Brewery. £1 »/■; Wilsons Cement, £1 8/: Mount Lyell, £1 4/6 ; laiki. £1 30/; Waihi Junction, 4/0; Bulolo, £i -/, £ ' 2/G ' CHP.ISTCHURCH, Friday. Sales. —Commercial Bank of Australia, 38/6; Commercial Bank of Sydney, £18 12/, £18 11/ (2); Bank of New South Wales, £35 2/6; Bank of New Zealand, £2 0/5; Mutual Benefit, £11 5/; Loan and Mercantile, £60 5/, £00 15/, £•,!•' 10/ (2); Westport Coal, 14/J; Woollen (17/ paM), 10/6; New Zealand / Breweries, £1 39/0, £1 30/6; Timaru Brewery (7/6 paid), 6/ (6), 6/1 (2) ; Dunlop' Rubber. £1 . 2/4 ; New Zealand Refrigerating (10/ paid). 0/2 (2) ; Mount . Lvell £1 4/0 (3.1 : King Solomon, o/72,, 3/8 (2) ; Waitahu, 6/6 (2), 6/7, 6/3. DUNEDIN, this day. Sale on 'Change.—Upper Shotover, 1/7. DUNEDIN, Friday. Sales.—Standard Insurance, £3 0/3; Dal<-etv £10 11/; Loan and Mercantile, £61; waihi, £1 10/3 (2); Gillespie's Beach, 1/11 J. CALL AND DIVIDEND LIST. DIVIDENDS. Due. Kuala Lumpur Tin—6d a share . Now A. P. Assurance —Year. 13 p.c. .. Jan. 30 Union Bank —Interim, 2/ a share, sterling (tax free) Jan. — New Zealand Refrigerating — 4 p.c. and bonus 1 p.c Jan. — British Tobacco—lnterim, pref., quarterly, 6J p.e. p.a. (less special property tax) Jan. ol Commercial Bank—lnterim, pref., 2 p.e.: ord.. 2J p.c I'eb. 2 Wellington Gas—Pref., 5 r,.c. p.a., ord. 8 p.c. p.a ■ ■ Feb. 6 New Zealand Insurance—lnterim, 1/ a share Feb. 14 Electrolytic Zinc.— Pref., 8 p.c. p.a. for year ended Dec. 31. . Mar. 14 National Mortgage—Final, 2J p.c. Mar. — CALLS. Bcndigo Goldligbt—3d a share . Feb. 5 j BUSINESS IN THE SOUTH. (By Telegraph.—Special to " Star.") CHRISTCIIURCH, this day. The "Chris tclwrch Times" _ reports as follows:—Renewed activity in banking and brewery sections brought the total turnover on the Stock Exchange for the week above that recorded in the preceding period. Prices are firm, and some substantial advances have been recorded. Totals compare as follows: This week "26.340, last week 21.605. An analysis of business follows, with last week's totals; in parentheses: Banks, 3262 (1830); instir- j ance. 100: loan and agency, 805 (1835); shipping, nil (500); meat, 1610 (3170); woollen, 020 (250); coal, 200; gas, 200: (200); breweries, 4452 (1700); miscellaneous, 1010 (2200); mining, 12,800(0620). I