OK 'CHANGE.

Auckland Star, Volume LXII, Issue 95, 23 April 1931, Page 4

OK 'CHANGE.

FLUCTUATIONS IN SHARES.

business rather quiet

AUSTRALIAN BANKS EASIER.

The latest development in Australian public finance is reflected on the local Stock Exchange, and there was an easing in Commonwealth scrip at this morning's call. Australasias were offered at £10 o/6 English and Scottish at £5 2/6, Unions at £8 7/6,. and Commercials at t 5/0 \ T e w Zealanas, on tne other hand, were still in firm request, and after yesterday's sale at £2 13/2 still had buyers at £2 13 /- . „ A The insurance section was farm, and South British were quoted ex div., with buyers at £2 13/. . A sale of Commercial prefs yesterday afternoon, showing a drop of lo 6, the first since August last. A new level of values was set for Pukemiro Collieries this morning the scrip changed hands at }»'A, compares with a valuation of £3 8/ a j ear ago. The Noon Call. A feature of the bidding at the noon call was a further easing m Australian Bank shares Australasias were offered at £9 19/, English and Scottish at £o, and Lfs sa. f » for the 4J4 per cent tax-free £99 for the 5Ms s (193b), ana £09 5/ for (1933). New Zealand Breweries were steady, with buyers at £1 SAXES COMPLETED. Last Sale. AT the 3.15 P.M. CALL YESTERDAY Commercial Bank £6 7 6 Aust. (pref.) , 2 13 0 Bank New Zealand -13 - •• 214 0 Kempthorne, Prosser - 14 .. King Solomon ... 0 * * " AT THE 10 A.M. CALL TO-DAY— o Pukemiro Collieries 110 0 .. - I^?.'... 193 . 99 7 6 .. 9C 7 6 AT THE 12.1S P.M. CALL TO-DAY-Taranaki Oil " 119 3 Wilsons Cement (2) 1 g | •• 015 4 INTEREST RATES. The return to the investor on his outlav based upon the latest dividends and n 'the case of loans and debentures upon redemption at maturity, works out as follows for the latest sales. PER CENT PER ANNUM. £ s. d. Com. Bank of Australia ? j Q Bank r of New Zealand | | ° Kempthorne, Prosser ' - Pukemiro Collieries ■ • 1 3 1C tl Inscribed Loan, oj (1933).. WUsons Cement ;;;;;;;;; | 010 •Paid a reduced rate of interim dividend last half-year. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON— Late Yesterday. £ s. d. Inscribed Stock, 1937. 5 ••• 96 J® ® Bank of New South Wales.. -6 10 u Bank of Australia .. " Bank of New Zealand - " 3 New Zealand Breweries .... 1 - 1 * » Tooth's Brewery 1 u CHRISTCHURCH —Late yesterday. £ s. d. Com. Bank of Australia (3 parcels) 2 in 0 Ditto (pref.) ... • \ " Bank of New Zealand - Ditto , q (5 Tooth's „ u _ Goldsbrough, Mort, £l °/ 3 ' Ne^' land Farmers' Co-operative, 1940, 6J per cent £53; King Solomon, 2/3 (3 par eels); Mahakipawa, lOd. DUNEDI.N—Late' Yesterday. £ s. d. Inscribed Stock, 1938, 4£ . . 98 10 0 Mount Lyell 0 19 b Cornish Point 0 u CALL AND DIVIDEND HSiT. dividends. Due. South British Insurance—lnterim, 1/4 per share NOW Dominion Pictures — Interim, pref. shares, 3i p.c.; ordinary, gQ British' 0 ' Tobacco — Quarterly, pref., 6i p.c. p.a. .••••••••• A P ril E., S. and A. Bank—lnterim, 4 i Bank of" New Zealand—: Final, pref., 33 p.c.; ord., 1/4 a share and bonus of 1 P- c -.■ • " Bank of Adelaide —Final, 6 p.c. National 'Bank' 'of AustralasiaFinal, 8 p.c. p.a ■ AUSTRALIAN STOCKS. LONDON VALUES. (Received 12.30 p.m.) LONDON, April 22. Australian stocks are weaker. Dealings in Commonwealth s's ranged from £0» to £72; New South Wales, sVa,_£7o to £76; Queensland, s's, £64 to £60. DROP IN NEW YORK. (Keceived 1 p.m.) NEW YORK, April 22. Australian bonds dropped sharply following reports of the coming closure oi the New South Wales Savings Bank. LONDON STOCK EXCHANGE. LONDON, April 21. The following are included in to-day's quotations on the London fetock Exchange:—Dalgety and Company, Limited, shares, £5 15/; 4 per cent debenture stocks, £68. ( SYDNEY STOCK EXCHANGE. INVESTORS NERVOUS. ' SYDNEY, April 22. " The nervousness on the Stock Exchange which 11 veloped yesterday was more pronounced to-day, but operators were not disposed to regard too seriously the development concerning the Government Savings Bank. Commonwealth and other bonds revealed a minor reaction. Bank shares held up well against the depressing influences.