ON 'CHANGE.

Auckland Star, Volume LXI, Issue 110, 12 May 1930, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

WEEK OPENS QUIETLY. COMMERCIALS A SHADE FIRMER. The usual Monday morning quietness was manifest at the first call of the week, and brokers were hesitant with new bids. Only one sale was recorded, namely, one of New Zealand Insurance, at last week's rates. Commercial Banks are a shade firmer, and buyers moved up to £1 0/3, with holdex-s asking £1 0/9. The gilt-edged section opened easier, and the best offers were £97 15/ for 4%'s and £99 for the SV^s. There was fair interest in farmer financing companies. £3 10/ was offered for Farmers' Co-op. Auctioneering £5 shares, and bids were forthcoming for Goldsbrough, Mort, Loan and Mercantile, National Mortgage and North. Auckland Farmers, though at rather low levels. For Waihis the offer of 13/4 still stands,, and Mount Lyel'ls are weak, with Buyers at £16/..' Stimulated by the promised .bonus, Wilsons Cement buyers have advanced to £.2. 1/. For New Zealand Breweries £2 11/6 was the best offer. The Noon Call. Business showed a slight improvement at the noon call. Sales were made of Auckland lias-at £1 3/10, and. advances of threepence per share were offered lor North Auckland ' Farmers'' ordinary and Northern Steam paid issue. 3Sew Zealand Breweries also firmed threepence in the buying offers. Disposition was shown to do business in botii Mount Lyell and Electrolytic Zinc shares, at a slight advance. Farmers' Auctioneering shares were wanted at C 9/, which brought m a seller at 75/. ' " Banking shares had more attention at the noon call. iNatioual Bank of Australasia paid up shares sold at £14 17/, whereas last month business was done in this line at £.14 13/6. Commercial bam; shares also firmed, buyers .offering 20/0, but sellers aslied another fourpence. For/ the new issue fully paid, 20/ was offered, but sellers again wanted an extra fourpence. Bant of New Zealand shares firmed to buyers at 57/9. An advance took place in War Loan, 4% per cent, 1938, sales being made at £98 5/. Inscribed Loan, 5Vi, 1936, are also wanted, at £99 5/, Williamson ? Films, 7Vj per cent, had inquiry at £99 10/, which caused a seller to quote £101. Auckland Harbour Board 5Va per cent debentures could be placed at £93, but sellers want another 20/, The 6 per cent debentures firmed to-day, buyers offering £102, .with sellers at £10-1.

SALES COMPLETED

Last Sale. AT THE 10 A.M. CALL TO-DAY— New Zealand Ins .J' a f 0 „ Q . (late sale Sat.) £2 3 6 .. '-> AT THE 12.15 P.M. CALL TO-DAY— " Auckland Gas ... 1 310 .. 1 310 National Bank of 14 Hi G Australasia .... Hl'" •• ia io u p^'..!?? 8 : S8 5 0 ..97 10 .0: INTEREST RATES. The return to the investor on his outlav oasfd upon the latest dividends and fthe cfse oi loans and debentures upon redemption at maturity, work? out as follows for the latest sales:PER CENT PER ANNUM. & s. d. New Zealand .Insurance ... • • 4 £ | Auckland Gas ......••••'' f . 14 . a Nat. Bank lAUßtralasa. 6 M « War Loan, 4j .(I'JooJ •••• SOUTHERN EXCHANGESCHRISTCHURCH— Saturday. a s. a. War Bonds, 1938, 41 ....... 98 5 0 Christchurch Dram., 19Cd ' 100 0 0 5* . • ' 11 7 0 Um~n Bank • 117 0 British Tobacco .... '■' ■rj 14 0 Duiilop Perdnau ............ «£* Goldsbrough-Mort ;'•*•£;;••; \ 1 i N.Z. 'Drug (late sale Fridaj) 3 4 o Mount Lyell i „10 Ditto ... ; ;:■ J g 8 Ditto •: f 7 0 Ditto •• x CHRISTCHURCH— This day. Sales on 'Change: f s ft ll ; Com. Bank of Australia .... 1 " o • : Ditto (3 parcels) .••<•••■ £ " A 8., s.and a. Bank .......... J. * .« , Ditto : oIT o New Zealand Breweries .... ~" Mount Lyell (cum div.), (- . 7 6 parcels) .v.... Reported sales: Bank of New Zealand (cum - div.) • ••••• ••••"••• 1176 Huddart-Parker • • *" *..*.' Com. Bank of Australia (cum ■ div.),: (2 parcels) .. • •* " 2 Mount Lyell (cum div.) 17 6 WELLINGTON— This Day. Reported Sales:. & s " ; National Bank of Australasia, ■ (£lO shares) ..■••••••.: - 1 * AD British Tobacco, Australia fl (ord.) ....•• 0 Colonial Sugar •'• 4 " J" Dunlop Rubber ....•••• v±° CALL AKD DIVIDEND MST. DIVIDENDS. Due Colonial Sugar—half-yearly, 121 \\ Now VVaihl Gold Mine—Final of 1/ a Donaghy's Rope-final,' G I p.'c. 'p.'a. Now Dalgety and Co.-interim 5 p.c. May lo National Insurance Co.-interim, 4d a share.. .. •••• ••; •■ • May iU Taupiri Coal Mine—Ord., llnal, 1/ By p c%frL r ■ U g Dental and Medical—4 p.c. p.a. .. May 10 Grey Valley—interim, 3 p.c. ..... May £i National Bank of Australasia, final dividend, 10 p.c. per annum .. May 28 Bank of New South Wales— og quarterly, 10 P-c P-a- •••••• •• " s N.Z. Paper Mills-Final, 7J i>.c. 2y Farmers' Trading J Bu 7 rn P s, C 10 p!c*.'pfa',' .* May P. and 0. JDef. Stock-Interim, Fa s tc P rine' Stock ' »•?,' JuD6 Wilsons Cement—Final, 5 p.c. and 2i P.C. bonus tvrna OR Mount Lyell—lnterim, 5 p.c Juno 23 CALL. o„ Tul G.M. Co.—3d per share .... May -» Reliance Loan Co.—pref., 2/0 a share , July *