ON 'CHANGE.

Auckland Star, Volume LXI, Issue 122, 26 May 1930, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. WEEK OPENS QUIETLY. COMMERCIALS FIRMER. The local Stock Exchange opened quietly this morning, and at the first call no business was recorded, and bidding generally was tame, with many lines passed by unquoted. A feature of the call was the improvement in Commercial Banks, for which buyers offered £1 1/6. Auckland Gas also was firm, with buyers at £1 4/3. There was a,- definite preference for Government stocks and local body debentures, many issues being asked for at late rates. A parcel of iWe (IQQ§) Government stock was offered at £98 io/. The Noon Call.. Added strength in Australian Banks was manifested at the noon call.. New South Wales showed a small advance, with a sale at £39 10/, and Nationals of Australasia firnmd up further, with buyers for the ordinary at £15 5J and at £7 12/ for the contributing. Australasias were firm, witli offers of £12 4/, and buyers of Union advanced their limits to £11 7/6. A buyer came forward for New Zealand Nationals at £6 5/. The special demand for gilt-edges was instanced by a sale of Inscribed at £98 15/, an advance of 15/ in the week. Breweries seemed a little easier, with sellers at £2 13/ and buyers £2 12/3. SALES COMPLETED. Last Sale. AT THE 12.15 P.M. CALL TO-DAY— Bank N.S. Wales £39 10- 0 .. £39 6 0 South British 219 6 .. 219 3 Bank New Zealand 218 9 .. 'Z IS 9 Inscribed Loan, 1932, 51 p.c. ... 93 15 0 .. 9S 0 0 SOUTHERN EXCHANGES. CHRISTCHTJHCH.—This Day. Sajes on 'Change > £ s. d. Aus. Bank of Commerce ..... 1 5 .2 Ditto 1 5 3 Goldsbrough, Mort 1 12 .1 Kaiapoi Woollen (IT/ paid) Oil 0 N.Z. Breweries (2 parcels).. 2 12 9 Ditto 2 12 fi Amalgamated Wireless (con.) 10 7 Ditto 1 0 8 Ditto (3 parcels) 1 0 7 British Tobacco (2 parcels),. . 2 0 0 Reported Sales : Union Bank of Aus. 11 9 0 Bank of New South Wales .. 39 10 0 WELLINGTON—This Day. Reported Sales: £ s. d. N.Z. Guarantee Corp. (ord.) 0 7 10New Zealand Breweries 2 13 0 Wellington Investment Trustee and Agency 0 11 0 New Zealand Breweries 2 12 9 British Tobacco (ord.) .... 2 0 3 DUNBDIN—This Day. Reported Sales: £ s. d. Electrolytic Zinc 1 7 'fi Bank of New Zealand ...... 2 18 6 Mount Lyell ../. i<i: 19 6 CAIX AM> DIVIDEND UST. DIVIDENDS. Due. Northern. Steam —Final,-8 p.c. p.a. Now National Bank of Australasia, final dividend, 10 p.c. per annum .. May 28 Bank of New South Wales— quarterly* 10 p.c. p.a May 28 N.Z. Paper Mills—Final, 7J p.c. p.a '. May 29 Waihl Grand Junction—Annual, Id per share May 30 Westport Coal—lnterim, 1/ a share May SO Farmers' Trading (A and B pref.) 7 p.c. p.a - May 81 Henry Jones —Interim, 9d per share June 2 Faterine Stock Foods—s p.c. p.a. June Wilsons Cement—Final, 5 p.c. and 2J p.c. bonus June 4 Bank of New Zealand—Final, and bonus 14} p.c. p.a. June 21 Mount Lyell—lnterim. 5 p.c. .... June 23 Aus. Glass —Pref. final, at 9 p.c. p.a., ordinary at 10 p.c. p.a. with 21 p.c bonus June 25 Farmers' Trading—Ord., 10 p.c. p.a June 26 CALL. Tul G.M. Co.—3d per share .... May 29 Reliance Loan Co. —pref., 2/6 a share ... July 2 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:— PER CENT PER ANNUM. £ s. d. Bank of New South Wales ..5 1 3 . South British ............ 4 7 0 Bank of New Zealand 4 17 7 Inscribed Loan, 51 (1932) .. 513 0