ON 'CHANGE.

Auckland Star, Volume LXI, Issue 222, 19 September 1930, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

FAIR BUSINESS PASSING. WITH VALUES STILL LOW. A fair amount of business was finalised yesterday afternoon, and at this morning s call several fresh sales were notified. Markets, however, continue weak. Buyers are extremely chary with their bids, this being particularly noticeable at this morning's call. In the Banking section New South Wales showed a slight recovery, with buyers at £31. For Commercials 16/9 was the best offer, and for New Zealands £2 15/. New Zealand Breweries were available at £2 8/, and Mount Lyells at £1. Insurances were easier, and the only strong section was Government stock, for which holders are still asking £100 10/ foil's and £99 10/ for 5Ws. The Noon Call. Further selling took place during the morning, with continued weakness in many lines. Commercial Banks tapped a new low level with a sale at 17/, after which the highest bidder stopped at 16/7. A slight reaction in favour of New South Wales was shown in a sale at £31 2/6. Auckland Gas were asked for, with buyers at £1 4/. There was a fair inquiry in the shipping section, with P.. and O.'s asked for at £2 3/, and Union Steamship prefs. at £1. A parcel of Government War Bonds, 4Wb, was offered at £100 7/6. Commercials at 17/.

SALES COMPLETED. Last Sale. AT THE 3.1S P.M. CALL YESTERDAY— New Zealand Ins. £2 1 0 .. £2 2 C> South British ... 217 3 .. 2IS 3 Auck. Gas (cont.) 01< 9 .. OIS 0 British Tobacco.; 111 11 .. 11- £ Mount Lyell ..... 10 2.. lib AT THE 10 A.M. CALL TO-DAY— wg Zca ! Bnd Inß ' 2i'o .. 21 0 South* British ... 217 3 .. 217 3 Mount Lyell 100, .. 10 2 AT THE 12.16 P.M. CALL TO-DAY— Commercial Bank .. ' of Australia ... 017 0 .. 0 IS- 0 National Bank cf . New Zealand .. oil 6 •• al3 0 ■ Bank N.S. Wales 31 .2 SO In 0 South British ... 217 0 .. -17 3 1 Colonial Sugar ... . 30 12 6 .. 30 10 0 . 1 INTEREST BATES. 1 The return to the investor on his outlav 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. New Zealand Insurance 4 13 6 South British • *** ° -Auckland Gas (con.) « - British Tobacco '* • • on n n> Mfiunt Lyell >•• 20 0 0* Colonial Sugar . | Com. Bank of Australia ... 811 b Nat. Bank of New Zealand. . S 7 7 ,Bank of New South Wales. .. 6 8 b *Paid a reduoed rate of interim dividend last half-year. SOUTHERN EXCHANGES.

(By Telegraph.—Press Association.) CHRISTCHURCH— This Day. Sales on 'Change: £ s. d. Bank of New South Wales _ (2 parcels) .. • •• •■ " 1 " N.Z. Guarantee Corporation 0 711 Tooth's Brewery (8 parcels) 13 0 British Tobacco (cum div.) 1 2 0 Mount Lyell (2 parcels) .. 019 11 Sales Reported: Dalgety and Co. .......... f ° Bank of New South Wales.. 31 0 0 Com. Bank of Australia ... olb 11. CHRISTCHURCH —Late Yesterday. £ s. d. i N.Z. Refrig., 1935, G$ 93 0 0 Com. Bank of Australia ... 0 17i - Aus. Bank of Commerce ... 0 19 o Bank of New South Wales - (2 parcels) ............ 31 0 0 New Zealand Breweries 2 7 l United Building 0 16 6 WELLINGTON—Late Yesterday. ■ : " * £ s. d. ■ Wellington Harbour, Board, 1940, 51 • :•••■ 98 10 0 Aus. Bank of Commerce .. 019 » DUNEDIN—Late Yesterday. £ 8. d. New Zealand Insurance .... 2 2 0 CALL AND DIVIDEND LIST. DIVIDENDS. Due. Huddart, Paiker—lnterim, ord., 4 p.c. Now Kempthorne, Prosser—lnterim, 41 p.c. Sept- 2 * Maxwell, Ltd.—7s p.c. ........ Sept. 2o British Tobacco —Interim, .i p.c. on ord. shares » Sept. 30 Thames Theatre—lop.c. ...... Sept. — Wliittome Stevenson—Final, 3 pC- Oct. 1 C. L. Innes—Final, pref., 4 p.c.; ord., 8 p.c. p.a.- Oct. l Bank of Australasia—lnterim, 14 p.c. p.a. Oct. 8 Farmers' Auctioneering—Final, 7 p.c. ord. • »...." Oct. 4 Wright, Stephenson—lnterim, 31'. p.c. on ord. shares Oct. 6 Milne and Choyce—Shares and _ deb. stock. 8 p.c. p.a. ........ Oct. 10 Duhlop Perdriau —Final, ord. 3 _ p.c.; prefs., 5 p.,?. '. N Oct. 10 CALLS. Moanataiari —2d a share ...... Oct. 6 Reliance Loan Co.—Pref., 2/6 a ■ share ...\....i.. Oct. 8