ON 'CHANGE.

Auckland Star, Volume LXII, Issue 103, 4 May 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. A QUIET MORNING. The Auckland Stock Exchange started the vreek quietly. A few sales were recorded at the morning call, but fresh bidding was distinctly quiet. In the banking section there was no apparent reaction to the latest news from Australia., sellers showing no disposition to lower their limits. Insurances were again neglected, no buyers coming forward. In coals, Taupiris were again asked for in view of the pending dividend, which has been announced at the usual rate of 10 per cent per annum. The dividend for the prof. shares is 8 per cent p.a. £11/ was offered for each class of share. The ordinaries were available at £1 4/. Farmers' Trading were again asked for, and a parcel was offered at 7/. In Government stocks bidders started the week with offers of £98 5/ for the tax frees, but none was offered. A sale of Farmers' Fertiliser at 13/3 showed a drop of 1/9 since the last sale in January. At the Noon Call. There was very little change in the position at the noon call, with the exception that sales were reported of Moanataiari pnid-up shares at 1/1. Business was done in the room in Auckland Gas at £1 2/9. Union Bank of Australia shares were still wanted at £7, and the seller dropped his price to £7 12/6. South British Insurance eased 3d, the selling quotation being £2 14/, with no buyers. Inquiry set in for Devonport Ferry ■shares at 19/6, but sellers still ask £1 1/. Frankton Power Board, 5Yz per cent, 1965; eased to sellers at £96, and a buyer enme in for Inscribed 5M per cent loan (1927-41) at £97, but no seller quoted.

SALES COMPLETED. Last Sale. AT THE 10 ft.M. CALF. TO-DAY— N.Z. Fertiliser .. £O 13 3 .. f0 13 O Manakipawa ... 0 0 101 .. O 0 IOJ Auck. Hos. Bd., n n 1935, oi p.c. .. 97 10 0 .. 0i 10 0 AT THE 12.15 P.M. CALL TO-DAY— Auckland Gas ... 129 129 Moanataiari .... (011).. 0 14 SOUTHERN EXCHANGES. (By Telegraph. —Press Association.) CHRISTCHUKCH —This Day. Sales Reported: £ s. d. Bank of New Zealand (cum uiv.) 2 11 0 Auckland Gas 1 .2 9 INTEREST RATES. The return to the investor on his outlay, 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. N.Z. Farmers' Fertiliser ... 12 1 4 Auckland Gas 7 0S CALL AND DIVIDEND LIST DIVIDENDS. Due. Union Oil—lnterim, 9d a share. . Now Waihi —Final, 1/ per share May 8 Queensland National Bank — Quarterly, lh P.e May 14 Bank of Adelaide—Final, 6 p.c. p.a May 13 National Insurance —Interim, 4d a share May Jg Taupiri Coal—Ord., 10 p.c. p.a... May 18 Bank of New Zealand —Final, pref., 3? p.c.; ord.. 1/4 a share and bonus of 1 p.c June 20 New Zealand Paper Mills—Final, 4 p_ c May 26 National Bank of Australasia — Final, 8 p.c. p.a — Dalgety and Co. —Interim, 3/ per share ~~