ON 'CHANGE.

Auckland Star, Volume LXI, Issue 98, 28 April 1930, Page 4

ON 'CHANGE.

FLUCTUATION IN SHARES. QUIET OPENING. BANKS START WEAK. The Stock Exchange reopened this morning after the Easter vacation with a full attendance. Proceedings were distinctly quiet, and following the last record of business in Australia the Banking section was distinctly weak. Tentative offers were made for most lines, but on a lower level than ruled before the holidays. Generally speaking, there was an a\r of caution throughout the call, and many lines were passed without quotation. The Noon Call. A few sales were completed after the first call and reported at noon with no alteration in previous values. Bidding was more general, but still far from active. Buyers for Nationals of Australasia, which has just announced an interim dividend at the usual rate, raised their offers from £14 8/6 at 10 a.m. to £14 10/, and £7 5/ is offered for the £5 paid. Commercials, on the other hand, slipped back 3d, and a guinea is now the best offer, the lowest recorded for many a year. Devonport Ferries have eased, with sellers at £1 2/9 and buyers £11/. Mount Lyells have dropped substantially. Best offer at noon was £1 7/6. against £1 12/ before Easter. There were no buyers for Eiectroiytic Zincs, which were offered at £1 6/9 for the ordinary and £1 10/6 for the preference. Buyers for New Zealand Breweries offered £2 12/9, with sellers at £2 14/. In Government loans buyers were at former quotations, with a parcel of 4% per cent Inscribed offered at £98 and one of 5Ws, 1933, at £99 7/6.

INTEREST BATES. The return to the investor on his outlay, based upon the latest dividends and in the case of loans and debentures upon redemption at maturity, works out as follows for the latest sales:— PEK CENT PER ANNUM,, a s. d. . Waihi f £ Farmers' Fertiliser » ° Bank of New Zealand -± l< - SALES COMPLETED. Last Sale. AT THE 10 A.M. CALL TO-DAY— , Waihi £0 13 10 .. £0 13 11 AT P.M. CALL TO-DAY— Farmers' Fertiliser (0 18 _0) .. 018 J ■ waihi (0 13 10) .. 013 10 Bank New Zealaad (2 10 0) .. 219 0 SOUTHERN EXCHANGES. CHRISTCHURCH—This day. | Sales on' 'Change: . £s- d - National Bank of Australasia '- . (£5 paid), cum. div.. ... 7 2 0 Ditto J » "V Auckland Gas 1 » Staples Brewery X a n Ditto < • v V Tooth's Brewery (3 parcels) 1 11 0 British Tobacco - «' jj Ditto . Stoney Creek (6d paid) .... 0 0 7 Cornish Point (1/ paid) ..»• 0 0 UJ CALL AND DIVIDEND LIST. DIVIDENDS. Due. British Tobacco—pref.,""quarterly April 30 Walpa Collieries —op.c. p.a. ... May X E.S. and A. Bank —interim May 1 Aus. Iron and Steel—interim, pref., 7| p.c. p.a ••••••• J Union Oil—interim, 9d per share May 5 Wftihi Gold Mine —Final of 1/ a ; share May . j» Dalgety and Co.—interim, 5 p.c. May lo National Insurance Co. —interim, ' 4d a share May lo National Bank of Australasia, final dividend, 10*p.c. per annum May CALL. Reliance Loan Co.—pref., 2/6 a share . July 2 NATIONAL BANK OF AUSTRALASIA. PAYS USUAL DIVIDEND. The sedretary of the Stock Exchange has received advice that the dir®ctors of the National Bank of Australasia have announced the usual rate of dividend for the half-year ended March 31 on both classes of shares, namely, 10 per cent per annum.