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ON 'CHANGE.

FLUCTUATIONS IN SHARES. FAIR BUSINESS PASSING. PRICES STILL FALLING. A chief feature of the Stock Exchange business is the continued ■weakness of Australian Banks and other Commonwealth securities, "with local stocks also affected, but to a lesser degree. Sales recorded yesterday afternoon and this morning reflect this trend, and at the first call fresh levels were indicated. Nationals of Australasia offered at £17 10/, Unions at £9 10/, and Commercials of Sydney at £17 10/ were all evidences of the drop. Kempthorne. Prossers were quoted ex div.. with sellers at £2 19/6, and New Zealand Breweries were available at £2 7/6. Commercials at 15/. At the noon call there was no improvement, and Commercials were sold as low as 15/, a drop of 4/9 since the beginning of the month. New Zealand Breweries were offered at £2 6/9, with £2 3/ the best buyer. Buyers for 4% Government stock raised their" bids to £99 17/6. SAXES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY—

INTEREST BATES. 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.

•Subject to N.Z. income tax. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) CHRISTCHTjHCH —This Day.

CALL AND DIVIDEND LIST. dividends.

Last Sale. Commercial Bank _ „„ „ of Australia ... £0 16 1 .. £0 16 o Bank N.'S. Wales 31 2 6 .. 31 o 0 Bank 2\~ew Zealand „ „ _ „ (D pref.) 17 0.. 1 < o South British (2) 2 16 6 .. - If. 0 Huddart-Parker... 1 10 0 .. 1 1< 6 AT THE 10 A.M. CALL TO-DAY — National Bank of _ . JCew Zealand... o ' j* •• ? Bank X.S. Wales 31 0 0 .. ol 2 6 X.Z. Guar. Corp. 0 <11 .. 0 t Pukemiro Collieries 2 S 0 .. - 1- « Auckland Gas ... 13 9.. 140 AT THE 12.15 P.M. CALL TO-DAY— , Commercial Bank a ifi 1 of Australia ... 0 lo 0 .. 0 lb i Dominion Investment and Bank- i o 0 ing Association. 0 19 6 .. 1 o Pukemiro Collieries - S 0 .. - National Timber.. 0 S b .. O & b ?a?hf kl ™.v::: Sdll :: Sun

XXJSS. £ s. d. Com. Bank of Australia .... 10 0 0 Bank of X.S. Wales 6 9 0 Bank of N.Z. (D prefs.) •> 1 South British * 1 Huddart. Parker .......... ° * Xat. Bank of New Zealand.. o 11 11 N~.Z. Guarantee Corporation b & o Pukemiro Collieries . 1" 1 J * Auckland Gas ° 14 , Dom. Invest, and Banking .. 7 * 3 *> Waihi 13 J 6

Sales on 'Change: - d - Aust. Bank of Commerce... 0 1| ® Ditto q o « Union Bank of Australia .. » - ? Mount Lyell n ?7 0 Ditto 0 1 ' J CHRISTCHURCH—Late Yesterday. £ s. d. Bank of New South Wales — 31 0 0 Ditto Si * n Ditto (2 parcels) ...... ol £ u Nat. Bank of New Zealand.. o J a Union Bank (2 parcels) ... -9 o 0 Ditto • • ® 1 0 British Tobacco (2 parcels) 111 0 Wilsons Cement .......... - " " P. and O. (deferred stock) ..240 WELLINGTON—Late Yesterday. £ s. d. Govt. Bonds, 4J, 1030 ....100 2 fi Bank of Austr&lasia 11 - f Ditto 11 Bank of New South Wales.. 31 0 0 New Zealand Breweries 2 7 u DUNEDIN —This day. Sales on 'Change: £ s. d. National Electric 0 & a Okarito <» { " King Solomon " u Reported Sales: Bank of New Zealand, D Mortgage J .$ }S 5 National Insurance v lo 1"

—- - r D Ue# Huddart, Parker—Interim, ord., 4 V V " i" " Kempthorne, Prosser —Interim, 41 £ ow Maxwell. Ltd. —7J p.c Jvow British Tobacco —Interim, 3 p.c. on ord. shares ' | e Pt* 30 Thames Theatre —10 p.c Sept. Whittome. Stevenson —Final, 3 pc Oct# 1 C. L." Innes—Final, pref., 4 p.c.; ord., S p.c. p.a Oct. 1 Bank of Australasia —Interim, 14 p.c. p.a ; • • • Oct. S Farmers' "" Auctioneering—Final, 7 p.c. ord Oct 4 Wright, Stephenson—Interim, 3J p.c. on ord. shares Oct. o Milne and Choyce—Shares and deb. stoct. 8 p.c. p.a Oct. 10 Dunlop Perdriau —Final, ord. 3 p.c.: prefs., 5 p.c Oct. 10 Bartholomew Timber—Final, 4 p.c ' Oct. — CALLS. Reliance Loan Co. —Pref., 2/6 a share Oct. 3 Moanataiari —2d a share Oct. 6

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19300925.2.24.1

Bibliographic details

Auckland Star, Volume LXI, Issue 227, 25 September 1930, Page 4

Word Count
680

ON 'CHANGE. Auckland Star, Volume LXI, Issue 227, 25 September 1930, Page 4

ON 'CHANGE. Auckland Star, Volume LXI, Issue 227, 25 September 1930, Page 4