ON 'CHANGE.

Auckland Star, Volume LXI, Issue 103, 3 May 1930, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. feANK or NEW ZEALAND DOWN , . GILT-EDGES IN DEMAND. ! . _ J Fair business was put through yesterday j afternoon, ancl late sales were reported at this morning's call. Latest movements j indicate continued weakness in Commercial I Banks, for which the highest offer this morning was £1 0/3. New Zealand also eased further, and after a late sale yesterday at £2 18/ there were still sellers at that figure, with buyers stopping at £2 17/ G. Dalgetys were easier, with sellers at £11 and Electro. Zinc ordinaries were offered at £1 4/3, a further drop of 3d. Taranaki Oils can be bought at 2/, with 1/ the highest offer. Colonial Sugars were quoted ex div., with buyers at £39 10/. Waihis have firmed up, and after a sale in the room at 14/ there were still buyers at the same figure. Gilt-edged stocks were again in request, but the only offering was of a parcel of sVz'r (1933), for which par was asked. New Zealand Breweries are easier, and the best buyer this morning was at £2 11/9. After the call sales of Bank of New South Wales, National Insurance and Auckland Gas were reported. SALES COMPLETED. Last Sale. AT THE 3.15 P.M. CALL YESTERDAY— Bank New Zealand £2 18 0 .. £2 IS 6 2IS 0 .. 2 IS 3 Milne and Clioyce (deb. stock) ... 1 6 3 .. 1.7 41 Auck. Gas (deb.), 1935, 61 p.c. ..102 0 0 ..102 0 0 Inscribed Loan, , 1936, 51 p.c. ... 99 5 0 .. 90 a » I, Moanataiari (f.p.) Olb.. 0 1 J AT THE 9.30 A.M. CALL TO-DAY— Renown Col. (pref.) 0 3 0 .. 0 3 1 South British Ins. (2 19 6) .. 3 0 <» N.y. Breweries .. (2 12 0).. 212 9 Waihi (0 13 10) •• 013 10 W<UU (0 14 0) .. 013 10 Bank N.S. Wales 38 13 6 .. 3S 15 0 National Insurance 014 8 .. 014 « Auckland Gas 1 3 8 .. 1 o <> ; SOUTHERN EXCHANGES. ,-jv * y WELLINGTON—Late Yesterday. C R. d. Inscribed Stock, 1938, 4J ... 97 17 6 Commercial Bank Australia . 1 0 11 Staples' ® J? Burns-Philp * 9 Gear Meat 1 IS 0 WELLINGTON—This Day. Sales reported : f s- d. Com. Bank of Australia (ord.) 1 0 11 Gisborne Gas 0 13 b Wellington Meat Export .... 0 S fa CHRISTCHURCH. —Late Yesterday, r £ s. d. Inscribed Stock, 1932, 51 ... 98 15 0 South British Insurance .... » Christchurch Gas, 10/ paid o (2 parcels) „ i? £ N.Z. Breweries (4 parcels) .. H » Ditto 2 12 0 Staples' - " 4 Ditto " Tooth's (3 parcels) ......... 1 12 1 Amalgamated Wireless (con.) 110 1 CHRISTCHURCH—This Day. Sales on 'Change • £ s. d. Aus. Bank of Commerce ... . 1 3 9 Dalgety and Co. (cum div.) 11 2 0 Ditto (2 parcels) H 1 J Kaiapoi Woollen (17/ paid), (2 parcels) 0 10 6 New Zealand Breweries .... 211 » British Tobacco ..... ••• •• • 1 18 d Colonial Sugar (ex div.), (2 parcels) 40 10 0 Ditto « 41 0 0 Dunlop Perdriau Rubber ... 016 6 ,• Mount Lyell 1 7 ° 'Sale reported : British Tobacco ll s « DUNEDIN—This Day. Sale reported : £ ' 3. d. Staples' Brewery 2 18 6 Ditto 218 9 i | INTEREST RATES. 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:— PER CENT PER ANNUM. £ s. d. Ban': of New Zealand ...... 4 18 10 Milne and Choyce (deb. stock) 6 1 11 Auckland Gas (deb.), 61 (1935) * • Inscribed Loan, 5i (1936) • • 5 13 0 South British ..... 4 9 7 New Zealand Breweries .... 510 4 Bank of New South Wales .. 5 3 7 National Insurance K , o - rf Auckland Gas 6 lo - AND DIVIDEND MST. DIVIDENDS. Due. "Colonial Sugar—half-yearly, 121 Timber—interim, lOd a . British Tobacco—pref., quarterly Now Waipa Collieries—S p.c. pa. ..... Now E.S. and A. Bank—lnterim, 5 p.c. Now Aus. Iron and Steel—-interim, ... pref., 7| p.c, p.a. ............ Now Union Oil—lnterim, fid per fhaw May 5 Bank of Adelaide —Final, 4 p.c. May 7 Waihi Gold Mine—Final of 1/ a sliaro •. • Ju*a.y " Dalgety and Co.—interim, 5 p.c. May IB National Insurance Co.—lnterim, 4d a share •••• • May 15 Taupiri Coal Mine —Ord., final, 1/ per share , May National Bank of Australasia, Anal dividend, 10 p.c. pfer annum .. May -8 N.Z. Paper Mills—Final, 71 p.c. • ■ p.a •• • M y • CALL. Reliance Loan Co.—pref., 2/6 „ a share •#•••••• uiy • Moanataiari (2/4 pd.), 2d a share Now BUSINESS IN THE SOUTH. CHRISTCHURCH, this day. The Christchurch "Times" reports as follows:— . Stock Exchanges resumed business on Monday, and the turnover recorded locally has been fairly •substantial, llie most active sections have been banks, breweries and mining. The Government section has been very quiet, and Shipping, Woollen and Coal groups haye been neglected: Business recorded during the week totals 13,445. An analysis of sales gives the following results:—Banks, 1220; Insurance, 200; Loan and Agenty, 4751; Breweries, 3175; Meat, 550, Mining, 4950; miscellaneous, 2875. In addition, there has been a sale of £200 of Government Stock and £300 of Company debentures.