ON 'CHANGE.

Auckland Star, Volume LXII, Issue 96, 24 April 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

BUSINESS MODERATE,

Business on the local Exchange has 'been rather quiet during the past 24 hours. Reports from Australia have resulted in s weakening in Common-wealth securities, which usuaiiy occupy an important position in the daily quotations. The onlyAustralian scrip to change hands has been Commercial Banss, and for these lower prices have been accepted. At this morning's call bidding was dull <n most sections, but some of the holders -jf Australian bank shares who had lowered their reserves yesterday restored ihem approximately to the levels formerly ruling. The announcement or a lower interim dividend rate for Dalgety's brought a weakness in the scrip, which was ottered at £7 10/, with no buyers responding. Gear Meat shares were asked, forat £1 30/, and there was the usual inquiry for Government Bonds, but none were on offer. The Noon Call. Australian banks staged something of a recovery at the noon call. Buyers came back again, although in some instances at ;educed limits. Nationals of Australasia were asked for. with buyers at £10 17/b. which is 7/6 higher than the rate offered a week ago. , ~ . c , South British Insurances had their nrst =ale *inee the dividend was paid, the figure being £2 13/3, at which more could have been sold. , A parcel of Pukemiros was offered at £1 16/9, and one of tax-free Government Bonds, inscribed, at £9S 15/. SALES COMPLETED. Last Sale. AT THE 3.15 P.M. CALL YESTERDAY— Hamilton 8.C., n 3035, 4i p.c. ... So 0 O .. Commercial Bank A - c of Australia ... 014 10 ~ old S Waihi 010 6 - 010 4 AT THE 10 A.M. CALL TO-DAY — Commercial Bank n 14 10 of Australia ... 014 | ~ 01| 10 Waihi 015 5 .. old 6 AT THE 12.15 P.M. CALL TO-DAY— Commercial Bank _ - r „ Aust. <pref.) ... 012 6 ~ 013 ~ Bank New Zealand 210 6 .. - - South British -. 1? £ - «15 5 Waihi Old 6 .. 010 o 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. £ s. d. Inscribed Stock, 4* (1939) 414 10 Hamilton Borough Council, 4h (1935) g 18 10 Com. Bank of Australia S 10 b Waihi 1 - Com. Bank of Aust. (pref.) 5 16 0 Bank of New Zealand » ' - . South British 4 10 4

SOUTHERN EXCHANGES*. (By Telegraph.—Press Association.) WELLINGTON —Late Yesterday. £ s. d. Bank of Australasia 9 IT 6 British Tobacco * * » Kempthome, Prosser • ••••• - " " Wilsons Cement (3 parcels) 11J o CHRISTCHURCH —Late Yesterday. £ s. d. Com. Banfe of Australia ... 0 14 11 •nittn ...«•••••••••**• • Ditto (3 parcels) 0 14 9 rnion Bank « « c Aus. Prov. Ins. (2 parcels) 0 4 6 New Zealand Breweries ... 1 1* - Tooth's Brewery 1 ,J b Goldsbrough. Mort. 20/; King Solomon .Mines, 2/3. 2/3 i : Mahakipawa, lOd; Winding Creek (1/ paid), ljd (3 parcels) ; New Zealand Refrigerating (10/ paid), A/1. DUNEDIN —Late Yesterday. £ 8. d. Mahakipawa (2 parcels) m 0 Oil call and dividend list. dividends. Due. South British \lnsurance —Interim, 1/4 per share Now Dominion Pictures — Interim, pref. shares, 31 p.c.; ordinary, . p.c April 30 British ' Tobacco — Quarterly, pref., 6| p.c. p.a April 30 E S. and A. Bank—lnterim, 4 'p.c May 1 Union Oil —Interim, 9d a share May 4 Waihi —Final, 1/ per share Slay S Queensland National Bank — Quarterly, 11 p.c May 14 Bank of Adelaide —Final, 6 p.c. pa May 13 Bank oV New Zealand —Final, pref., 31 p.c.; ord., 1/4 a share and bonus of 1 p.c June -0 National Bank of Australasia — Final, S p.c. p.a . — Dalgety and Co. —Interim, 3/ per share — AUSTRALIAN BONDS. NEW YORK PRICES. (Received 11 a.m.) NEW YORK, April 23. Australian bonds continued more or less weak, closing as follow: —Commonwealth ,rs (1955) £62, (1957) £63; 4%'s, Brisbane Citv. unchanged; JSiew South Wales s's (1957), no sale, (1958) £50 10/; Queensland, no sale; Sydney City sts s (1955), £53.