ON 'CHANGE.

Auckland Star, Volume LXII, Issue 194, 18 August 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. There were no recorded sales on the local Stock Exchange yesterday afternoon —an unusual occurrence —but at this mornjng's call a fair-sized parcel of Government stock, 5% (1937) changed hands. This order completed, buyers dropped back to £99 15/, and to 5/ less for the Inscribed. Tax frees were easier, with sellers at £09 15/ and Inscribed £99 10/. Moturoa Oils had a sale at 5/9, 3d below last week's peak price, after which there were still buyers at 5/6. The banking section showed little alteration, but best buyers for New Zealands dropped 3d lower to £2 7/3, with holders still asking £2 8/6. Standard Insurances were available at £2 5/, and Auckland Gas were asked for at £i 3/. The Noon Call. The easier tone in connection with New Zealand Insurances was evidenced in a sale at the noon call at £1 17/9, 3d below the last transaction on Friday. Buyers for Bank of Australasia advanced their offers to £8 8/, but holders stood out for £8 15/. A sale of Inscribed Stock, 4% (1938) at : £99 2/6 showed a drop of 12/6 since last ; week. Further supplies were on offer at £90 5/. :. . SALES COMPLETED. Last Sale. fIT THE 10 A.M. CALL TO-DAY— Moturoa Oil £0 5 9 .. £0 6 0; G sfp.c°!?:.. 0 0 ..100 0 0 AT THE 12.16 P.M. CALL TO-DAY— Xew Zealand Ins. 117 9 .. 118 0 Waibi 015 8 .. 015 7 Ins. Loan, 103S, 4J p.c 09 2 6 .. 99 15 0 ~~ 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. Govt. Loan, 5J (1937) .... 5 10 0 Xew Zealand Insurance .... 5 6 0 Waihi 12 15 8 Inscribed Loan, 4J (1938).. 4 13 0* ♦Free of income tax. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) ■WELLINGTON—Thi3 Day. Sales on 'Change : £ s. d. Goldsbrough, Mort 0 19 4 N.Z. Guarantee Corporation 0 6 0 New Zealand Breweries .... 1 9 9 WELLINGTON—Late Yesterday. £ s. d. Govt. Bonds, 1938, 4J 99 2 6 . Bank of New Zealand ..._ 2 8 3 Ditto (2 parcels) . 2 8 2 X.Z. Kefrig. (10/ paid) .*.-. 0 3 0 Gear Meat ~. 16 0 British Tobacco (ord.) .—. 13 6 . N.Z. Guar. Corp. (ord.) „.., 0 4 9 Ditto ( 2 parcels) ..« 0 4 10 New Zealand Breweries 1 9 6 Central Power Board, 1957, 52 99 10 0 CHRISTCHURCH—This Day. Sales on £ s. d. Bank of New South Walea (cum div.) -..'.. . 25 0 0 New Zealand Refrigerating '■ Col (10/ paid) 0 3 2 New Zealand Breweries .-~~. 19 9 King Solomon ............ 0 2 2 Okarito ~~~- 010 0 CHRISTCHURCH —Late Yesterday. £ s. d. Goldsbrough, Mort ........ 0 19 5 NZ. Guarantee Corporation 0 5 0 Ditto ............. 0 4 11 United Building 0 14 3 New Zealand Breweries .... 1 » 9 King Solomon Mining 0 2 2 DUNEDIN —This Day. Sales on 'Change: £ s. d. Grand Junctions .«—~~~~ 0 3 9 King. Solomon ...,-.-,-. 0 2 2i DUNEDIN —Late Yesterday. £ s. d. . New Zealand Breweries .-— 19 9 Okarito ~ ~~+ 0 10.1 CALL AND DIVIDEND LIST. DIVIDENDS. .-..-_ •..-. Due. Wellington Woollen Co.—Final, 3 p.c. ...................... Now Grey and Menzies —Pref. 7 p.c, ord. 4 ._....«-.. Aug. 19 Commercial Bank of Sydney— Kinal, 4 p.c. •• ~~" Bank of New South Wales — Quarterly, 8/ a share ........ Aug. — Standard Insurance—Final, 1/3 a share ••• Sept. "~