ON 'CHANGE.

Auckland Star, Volume LXII, Issue 243, 15 October 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS SLIGHTLY BETTER. . COMMERCIALS MOVE UP. Though sales have not been plentiful on ihe local Stock Exchange during the past "24 hours, there has been a slightly better tone. Commercial Banks have moved up with buyers at 13/6, and holders asking 13/9. This shows an advance in the week of 6d a share. A buyer came in for Nationals of Australia at £9 5/, while New ififalands remained steady with buyers at £2 3/6. Australian securities were definitely better. Buyers for Colonial Sugars moved up to £33, and an offer was made for Electrolytic Zinc prefs.. at 10/9. Mount Lyells were firm with buyers at 17/9, and higher rates were offered for the two tin •companies, Kuala Kampar and Rawang. In Government stocks buyers for tax frees dropped their limits 5/ to £97 10/, but the sMi's (1937) were firmer, with buyers at £99 5/, and holders back to par. The Noon Call. At the noon call fresh business in Government 5V2 per cent stocks was put through, confirming recent strength in this section. National Banks wei;e in demand, with buyers at £3 12/6. P. and 0. shares were asked for at £l 2/9, and a parcel of Colonial Sugars was available at £33 10/. In the mining section 5/ was offered for Golden l)awn. SALES COMPLETED. Last Sale. AT THE 3.15 P.M. Cfll-L YESTERDAY— Waihi ........... £0 10 10 .. £0 16 11 Govt. 1 Loan, 1935, 4} p.c 9S 5 0 .. 97 5 0 Govt. Loan, 193G, 5J p.c. ......... 99 10 0 .. 98 10 0 ftT THE 10 A.m. CALL TO-DAY— Waihi 01010 .. 016 10 016 9 .. 016 10 AT THE 12.16 P.M. CALL TO-DAY— New Zealand Ins. 117 9 .. 1 17 6 Govt. Loan, 1936, >, 5J p.c 99 10 0 .. 99 10 0 Govt. Loan, 1937, oi p.c. :.. 99 15 0 .. 98 10 0 Govt! Loan, 1937, 5i p.c., Ins 99 12 6 .. 95 0 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. Waihi 11 18 9 Govt. Loan, 45 (1935) 4 15 1* Ditto, 55 (1936) 5 12 4 Govt. Loan, 55 (1937) 5 11 0 New Zealand Insurance .... 5 511 *Free of income tax.

SOUTHERN EXCHANGES

(By Telegraph.—Press Association.) WELLINGTON —Yesterday. £ s. d. Inscribed Stock, 1937, 55 .." 99 0 0 Bonds, 1937, 55 .-.. 9S 17 6 Bank of New Zealand ...... 2 - 310 Union Bank 6 14 . 0 Ditto ... 615 0 N.Z; Guarantee Corporation- 0 4 11 J, South British Insurance .... 211 0 Waihi ...1..... • 0 17 0 N.Z. Refrigerating ......... 0 9 10 CHRISTCHURCH—This Day. . Sales : £ s. d. N.Z. Govt. 5J per cent Inscribed, 1937 ...... 99 12 6 Dalgety and Co 6 4 6 Coloniß Sugar 33 2 6 Cornish Point (2 parcels)... 0 0 25 Maliakipnwa 0 0 55 Golden: Dawn 0 5 8 CHRISTCHURCH —Late Yesterday. 'i ' ' ■ £ s. d. Inscribed Stock, 1937,..55 (2.. parcels) 99 .7 0 Ditto 99 12 6 Com. Bank of Australia .... 0 13 7 Ditto 0 13 9 N.Z. Refrigerating (c0n.),... 0 3 10 King Solomon, 2/6; Mahakipawa, 5Jd. DUNEDIN—This Day. Reported late sale yesterday: £ s. d. Okarito 0 9 6 DUNEDlN—Yesterday. £ s. d. Wilsons Cement .......... 1 15 0 N.Z. Refrigerating (c0n.).., 0 3 10 Golden Point ............. 0 10.' CALL AND' DIVIDEND LIST. DIVIDENDS. t Due. Wool worths (N.Z.) pref.—lnterim, 45 p.c. Now British Tobacco Co.—Pref., 65 p.c. Oct. 31 N.Z. Guarantee Corp.—Pref. 7 p.c. *p.a., ord. f.p. 5d a share, con. 2d I. .....: Oct. — Waihi Gold Mining—lnterim, 1/ , . per share .................. Nov. 4