ON 'CHANGE.

Auckland Star, Volume LXI, Issue 171, 22 July 1930, Page 4

ON 'CHANGE.

FLUCTUATIONS !N SHARES.

BUSINESS STILL QUIET.

INSURANCES EASIER,

As the Bank of New Zealand s sharp drop was yesterday's opening feature, so the close of the day provided a similar happening in the case of New Zealand Insurances, which changed hands at £2 6/, marking a decline of 1/3 since Saturday week. At the first call this morning £2 5/ was the best bid for the scrip, and there were no other offers in the insurance section. , Banks were still weak, with only minor changes in quotations. Nationals of New Zealand, which ,have just paid a final dividend, were asked for, with buyers at £5 15/. . . Coals and shipping were fairly active, with buyers of Taupiri at £16/ and or Huddart, Parker at £1 15/. . A buyer came forward for Bartholemew Timber, offering £11/ for the £1 shares. A sharp fall was registered in Colonial Sugars, which were offered at £36 10/, compared with the last local sale at £42 2/6 on the first of the month. The Noon Call. There was no improvement in the market tone at the noon call. Demand was restricted to standard lines, with buyers hesitant to make advances. Only one sale was concluded. In Government stocks, s%'s, 1936, were offered at £99 10/, and for a parcel of 4Ws (1938) inscribed, £99 15/ was asked. SALES COMPLETED. -. Last Bale. AT THE 3.15 P.M. CALL YESTERDAY— New Zealand Ins. £2 6 0 .. £2 .7 3 Dominion Investment and Bank- s ■, ing Association 1 1 0 0 .. 1 w u Bycroft. Ltd 114 0 .. 114 0 Bank N.S. Wales 36 0 0 .. 37 7 6 AT THE 12.15 P.M. CALL TO-DAY— Dominion Investment and BankIng Association 1 0 0 M 10 0 INTEREST RA^ES. The return to the investor on hia 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. a. New Zealand Insurance Co. 4 3 4 Dom. Invest, and Banking .. 7 0 0 Bycrofts (2) W V *'' = ii i Bank of New South Wales.., 5 11 1 •Subject to N.Z. income tax. SOUTHERN EXCHANGES. CHRISTCHURCH—This day. Sales on 'Change: £ 8 - d * Union Bank of Australia (cum div.), (4 parcels)... 11 5 6 New, Zealand Breweries .... 2 8 b Ditto .................. ?85 - Mount Lyell ...........• 100 Sales Reported: rCom. Bank of Australia (cum div.) • H Bank of New South Wales.. 35 15 0 CHRISTCHURCH—Late Yesterday. ; , & S. d. Com. Bank of Aus. (2 parcels) 1 0 11 Union Bank 11 5 6 Christchurch Gas (2 parcels) 1 5 10 New Zealand Breweries ...'. 2 9 0 Tooth's Brewery (2 parcels) 1 9 7Mount Lyell 1 3 10 Ditto (rights) 0 .2 5 WELLINGTON —This Day. Sales Reported: , £s. dAus. Bank of Commerce .... 1 2 8 Com. Bank of Aus. (0rd.)... 1 10 Bank of New Zealand ...... 2 16 6 Ditto ' 2 16 9 Union Bank of Australia' (Melbourne register) .... 11 6 0 Christchurch Gas 1 6 0 Sale on 'Change: British Tobacco (ord.) .... 1 17 3 WELLINGTON—-Late Yesterday. , . £S. d! Com. Bank of Australia 1 1 0 Wellington Gas (pref.) 0 17 0 Staples' Brewery .......... 2 4 9 i DUNEDIN—This Day. Sales on 'Change; £ s. d. • Okarito 0 6 7 Ditto 0 6 8 DUNEDIN —Late Yesterday. £ s. d. Bank of New Zealand ...... 2 16 0 r _— CALL ANX> DIVIDEND LIST. DIVIDENDS. • j Due. National' Bank of N.Z. —Final, ,12 p.c.; p.a. Now Union Bank—Final, half-yearly, 12 p.c. p.a. July Auckland Gas—lnterim at 8 p:c. p.a...'...:.., July 29 British Tobacco—Pref., 6J- p.c. p.a. July 31 N.Z. Insurance—Final, 1/ share Aug. 6 Farmers' Fertiliser—B p.c Aug. 15 Com. Bank of Aus.—Final, pref., 4 p.c.; ord., 15 p.c. p.a Aug. Electro. \ Zinc—Ord. and pref. , shares, final 4 p.c. Sept. 4 CALLS. Moanataiari—2d on 2/8 paid shares ..................... July 17