ON 'CHANGE.

Auckland Star, Volume LXII, Issue 69, 23 March 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES

WEEK STARTS QUIETLY,

TAX-FREES ADVANCE FURTHER

The recent forward movement in Government tax-free bonds was continued this morning, with buyers offering £96. As recently as March 10 these bonds sold as low as'£93 10/. With this exception the week opened rather dull. Bank shares were easier, though there was little change in quotaInsurances were firm and unchanged. In industrials Farmers' Trading were a little firmer, with buyers at 6/3. and Milne and Clioyce shares were wanted at 18/6. A buyer for Sanford ordinaries came forward with an offer of 5/6. Kuala Kampar Tins were again in request, with a buyer at 6/. For Government s%'a £99 was offered for the 1933 issue and £98 15/ for the 193C's. At Noon Call. Tax-free 4% per cent Government Loan share,*, both bond and inscribed, firmed ;-./ all round at the noon call, but £96 5/ offered did not bring in any sellers. The buying offers for Colonial Sugar shares also advanced 10/, but here again no sellers quoted. Inquiry was made for Timaru Brewery. 5/ paid shares, at o/o, but sellers asked 8/. National Bank of Australia contributing shares eased to buyers at £5, with sellers at 9/ advance on that rate. Lnion Bank <»f Australia shares firmed 6d, being wanted at £8 8. This brought in a seller at £8 ].5/. Bank of New Zealand shares were not quite so firm, buyers offering £2 10/9, but sellers still asked £2 11/6. SALES COMPLETED. Last Sale. AT THE 10 A.M. CALL TO-DAY— Union Bank £S 10 0 .. £S 10 0 SOUTHERN EXCHANGES.

INTEREST RATES. 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. Union Bank 5 17 1 CAUL AND DIVIDEND LIST.

(By Telegraph.—Press Association.) CHRISTCHURCH— This Day. Kales on 'Change: £ s. a. E., S. and „\. Bank 5 10 0 King Solomon ° x J Sales Reported : Dalgety and Co 7 15 0 Xew Zealand Insurance .... - - " New Zealand Refrigerating (£1 paid) ° 12 b WELLINGTON—This Day. Sale on 'Change: £ s. d. Commercial Bank 0 15 10

DIVIDENDS. Due. Bank of Australasia —Final, 6/ a share Mar - 27 Dunlop Perdriau —Interim, pref., 5 p ; c Mar. 31 Guarantee Corporation—Interim, 7 p.c. p.a. on pref. shares. 71d per share on fully-paid ordinaries, and 3d on S/ paid. . Mar SI Pukemiro Collieries —Interim, 5 . p c Mar. 31 British ' Tobacco—Quarterly, 21 p.c Mar - 31 Whittome, Stevenson —Interim, 3 DC Mar. 61 C. L. lines—interim, pref., 4 p.c. April 1 Milne ana Choyce—Interim, 3J p.c. on all Issues .- • April 10 Kempthorne, Prosser—Final div. of 35 p.c. and bonus 2 p.c . — Beath and Co.—Half-yearly, 21 p.c. pref., 5 p.c ord "— CALLS. Taranaki Oil—Gd a share ...... April —