ON 'CHANGE.

Auckland Star, Volume LXII, Issue 259, 2 November 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

DEMAND STILL ACTIVE, SOME LINES EASIER. When brokers met this morning on the local Stock Exchange for the first call of the week a number of sales finalised late un Saturday were recorded, and one of Farmers' Trading was made in the room. Fresh bidding displayed moderate activity. In some eases buyers lowered the reserves ruling at the week-end, but, generally speaking, late valuations were maintained. In the banking section Commercials were easier, with sellers at 15/10 and beet buyers at 15/7, The insurance section was firm, and in the pastoral buyers for Dalgetys raised their offers to £7 2/G, and for Loan and Mercantile £100 scrip £48 was available.

Bycroft's shares were in request at £1 7/, »and Farmers' Trading, after a sale at 3/7, were still wanted at that figure. In Government stocks £96 was offered for tax frees and £99 for z> r k (1937). At Noon Call. Commercial Bank shares were easier at the noon call, sales being made at 15/7, at which more were offered, but buyers quoted 15/6. The preference issue of Commercial Banks, on the" other hand, firmed 1/, being wanted at £6 1/- Australian Bank of Commerce shares firmed to buyers at 14/6, which brought in a seller at 15/9. National Bank of J\ T ew Zealand had demand at £4 9/, but the seller asked £4 17/6. A rise took place in the buying offers for Bank of New South Wales shares, which could be placed at £26 7/6. Dalgety shares showed further improvement, being wanted at £7 4/, but this did not disclose a seller. Buyers came in for Westport Coal at £1 2/, whereupon a seller quoted £1 4/. New Zealand Breweries were wanted to £1 12/, with shares offered at 1/ advance. The 1938 and 1939 loans, iYz per cent, eased-as far as sellers were concerned, being 7 offered at £97 10/, with, buyers at £96 for each issue. The per cent loans 1938 and '39 were wanted at 5/, with uo quoted sellers. ! SALES COMPLETED. £<..-' . . ' - Last Sale. {IT,THE 10 A.M. CALL TO-DAY— National Bank ofNew Zealand .. £4 10 6 M £4 10 0 Union Bank S 0 O „» 830 Goldsbrough, Mort 1 3 1* •„ • 12 6 Auckland Gas ... 13 3,,. 133 N.Z. Breweries ... 112 6 [i, 118 6 Farmers' Trading 0 5 7 ..„. 0 " 1

AT THE 12.15 P.M. CALL TO-DAY— Commercial Bank 015 7 .. 015 11 Auckland Gas ... 13 3.. 133 SOUTHERN EXCHANGES. .CHRISTCHURCH— This Day. Sale on 'Change: £ s. 4 Union Bank of Aust. (3 parcels) -• ~. 8 0 0 Goldsbrough, Mort ... .-**y*f 1 210 Ditto (2 parcels) ... •£*& 12 9 New Zealand Breweries --.* 1 12 6 Tooth's Brewery 0 10 4 Ditto . 'W*#* ° 19 3 Mahakipawa ...*»..»*4*'**6» 0 0 52 v Golden Point _..,.J,&£?i«* 0 0 S Heported Sales: Tooth's Brewery 0 19 8 Quill,- Morris ... .S r 0 ... 3 3 DUNEDIN—This Day. Keported Late Sale Saturday: £ s. d. 8., S. and A. Bank 4 9 0 INTEREST RATES. The.return to the investor pn 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.'A ; National Bank of New Zealand 5 10 9 Union Bank -«.— *..-«... 4 7 f> Goldsbrougb, Mort «*,*^».», 4 6 3 Auckland Gas 61< § New Zealand Breweries..**;. 713 e Farmers' Trading -. Q.. 11 i> 3 Commercial Bank of Australia 7 4' 6 CALL AND DIVIDEND LIST. DIVIDENDS. Dominion —Final, pref., 9d a share Nov. 4 Sharland and Co.—Pref., final, 6 p.c. p.a.; ord., 3 p.c.-p.a. .... Nov. — Waihi Gold Mining—lnterim, fl/ per share Nov. 4 Bank of-Adelaide —Interim, 4 p.c. p.a/ Nov. 11 Bycrofts^—lnterim, lid a share , .. Nov. 12 Burns, Philp and Co. —Interim, 10 p.c. p.a • . Nov. 16 National Insurance —Final, 5d a share Nov. 20 X.Z. Paper Mills—lnterim, 3. p.c. Nov. 24 National Bank of Australasia — ' Ord. and con. ; interim, 6 p.c. p.a. Nov. 25 Australian Glass —Interim, 3' p.c. ord.; 4J p.c. pref. Dec. 1 Henry Jones —Interim, 9d per share • Dec. 1Bank of New Zealand —Interim, • 1/4 per share • Dec. 5 CALK Taranaki Oilfields—Eighth, 6d a/ - share ..........»-. - Not. 11