ON 'CHANGE.

Auckland Star, Volume LXI, Issue 228, 26 September 1930, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

BANKS STILL FALLING. ! MOST MARKETS WEAK. Selling pressure has been the dominant feature on the local Stock. Exchange during the past 24 hours. Fresh sales, mostly at lower rates, were completed yesterday afternoon, and this morning the market was decidedly "sick." At the ten o'clock call buyers held off from hank shares, the only offers being at 14/6 tor Commercials, £5 for- New Zealand Nationals, and £30 for New South Wales. Insurance, too, were affected similarly, and there were no inquiries for either New Zealands or South British. New Zealand Breweries were weak, and there were offers to sell at £2 5/6. Hay ward's Pictures slipped further, with sellers at 11/6, and Farmers Fertilisers were available at 18/3. ; There were inquiries for Farmers Auctioneering pref. shares at 16/6 for the A's and 15/6 for the B's. A parcel of 4%'s was offered at £100 5/, and one of 5% Inscribed at £99 10/. Commercials at 14/9. There was no improvement during the morning, and a sale recorded at the noon rail of Commercial Banks at the new low level of 14/9 was indicative of the general trend More were available at the same figure; and New Zealands were again offered at £2 14/3. Australian general securities were marked down further, British Tobacco having sellers at £1 10/3. Union Oil Shares were offered at £1 13/6. SALES COMPLETED. AT THE 3.15 P.M. CAUL YESTERDAY— Last Sale. . Inscribed . Stock, r . 0 1938,Ai p.c.....-£IOO 0 0 ..£IOO o o Commercial Bank - . „ „ ' bf 'Australia.(2) 010 0 .. 0 l.» ■« Union Bank » « ® • • 3 o IS 10 • National Insurance 0.13 10 .. o" -w " New Zealand Ins. .119 6 .. - x « AT THE 10 A.M. CALL TO-DAY— Bank New Zealand 214 3 .. - lo' AT THE 12.1 B P.M. CALL TO-DAY— Commercial Bank 0 - ig 0 of Australia ... 014 » ■.. INTEREST RATES. The return to the investor on his outlav based upon the latest dividends and to tl "cai. of 10... d i e £ t6 „ S n ? P0 " redemption at maturity, works out as follows for the latest sales. PER CENT PER ANNUM. & s. a. Inscribed Stock,' 4| .(1935) 410 0 T ST B^nk ofAu « i« Union Bank _ „ tNational Insurance ........ » ■» •» New Zealand Insurance ....41/ x Bank of New Zealand ..;.; o o » SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) CHRISTCHURCH—IThis1 This DaySales on 'Change: £ s - a - New Zealand Breweries .... - \ » Ditto v''' 240 Sale Reported: „ ... ~ ; South British Insurance .. 2la b CHRISTCHURCH— Late Yesterday. £ s. d. Inscribed Stock, 1937, SJ.. 96 0 0 . Nat. . Bank of Australasia (£5 paid) ® *■£ X N.Z. Breweries (2 parcels).. - » « Ditto 2 5 1

DUNEDIN—This day. Sale Reported: £ s - a- ' Government 51 Inscribed n . Stock (1941) .. 95 10 0 DUNEDIN—-Late Yesterday. £ s. a. . Com. Bank of Australia .. 015 0 WELLINGTON —This Day. Sale Reported: J ®' • Bank of, New South Wales. . 30 1- 6 WELLINGTON—Late Yesterday; £ s. d. • Inscribed Stock, 1933,- 5J.. 99 12 0 . Ditto ...... * 99 10 u CALL AND DIVIDEND LIST. DIVIDENDS. Due. Huddart, Parker—rlnterim,. ord. F • 4 p.c ...... Kempthorne, Prosser —Interim, 4 j. p. c .'.. i Now Maxwell, Ltd:—7l p.c. .......... Now I'ukemiro .Collieries—Final, lo .p Q . t «»•••«•••••• ••• *■ w6pt» tSVJ British'Tobacco—lnterim,-3 p.c. ' on ord. shares • Sept. 30 Thames Theatre —10 p.c - faept. — Whittome, Stevenson —Final, 3 • J) C •• • •••••••••••••* •'•••••• UCt. 1 C. L." Inues—Final, pref.,: f p.c.; • . ord., 8 p.c. p.a* ......Oct. l Bank of Australasia—lnterim, 14 p.c. p.a. •• • : • v oct - 3 Farmers'- - Auctioneering—Final, • ( 7,p.c. ord. Oct. 4 Wright, Stephenson—lnterim, 31 - ' p,c. on ord. shares Oct. o Milne and Choyce—Shares and deb. stock, 8 p.c.'p.a. Oct. 10 Dunlop Perdriau —Final, ord. 3 p.c.: prefs., 5 * p.c (Jet. 10 Bartholomew Timber —Final, 4 p.c. .. — CALLS. Reliance Loan Co.—Pref., 2/6 a share . Oct. 3 Moanataiari—3d a share ....... Oct., b ■ SYDNEY-EXCHANGE SICK. . - SYDNEY, ■ September 25. On th'e Sydney Stock Exchange to-day share values dropped to still lower levels, and the turnover was extremely small. Buyers ,for Commonwealth' loans "were scairce, and the market showed a lack of strength. . Values of . all leading industrial securities were 'lower than a week ago,' and buyers retreated in the face of sellers'