FINANCE, COMMERCE AND MARKETS.

Auckland Star, Volume LXII, Issue 286, 3 December 1931, Page 4

FINANCE, COMMERCE AND MARKETS.

ON 'CHANGE.

FLUCTUATIONS IN SHARES. MARKET TONE FIRMER There was a slight improvement in the market tone on the local Stock Exchange this morning, with a better inquiry for bank shares and Australian securities. In the banking section buyers for Bank of New South Wales moved up to £25. New Zealands were still wanted at £2 7/9, and holders of Nationals raised their reserves 2/6, to £4 15/. A buyer came in for Unions at £7 17/6. Devonport Steam Ferries were again wanted at 16/, bringing a seller at 20/. Vew Zealand Breweries were on offer 3d higher at £1 9/9. Waihis were very firm, and after a sale at 16/ more were wanted at the same figure. In Government stocks holders of 5 A (1937) raised their limits to £99 10/. The Noon Call. Confirmation of a firmer market was provided at the noon call, when Bank of New Zealand shares sold 6d dearer at £2 8/. Goldsbrough, Morts showed improvement with buyers at £1 2/6, and Kauri Timbers were wanted at 9/6. Buyers for Waihis raised their offers to 16/1. Consolidated Bricks were quoted after a long absence from the list, with buyers at 2/, and sellers asking 7/ for the £1 shares. SALES COMPLETED. Last Sale. AT THE 10 A.M. CALL TO-DAY— South British Ins. £214 0 „ If S Tffaihi 016 0 — ola 10 Waibi Grand June. 0 3 7 -. 0 3 7 G 06 IT 6 - 96 10 0 AT THE 12.15 P.m. CALL TO-DAY— Bank New Zealand 2 8 3 7 6 Waihi Grand Jwnc. OSS— 037 Govt I/oan, 1933, _ Ifl . 51 p.c 98 0 0 w 97 10 0 INTEREST RATES. Tne.retnrn to the investor oh.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 6ales:— PER CENT PER ANNTTM. £ s. d. Souttsßritlsh ■~,.,„■■... 4}B 8 Waihl ~. J. . xi '£m »-.n 11 ■■ 12 10 0 Waihi Grand Junction 9 1 10* Government Loan. 4J (1938) 5 1 0* Bank of New Zealand o 13 » .♦Free of income tex. SOUTHERN EXCHANGES. (By-Telegraph. —Prees Association.) WELLINGTON, Yesterday. National Bank'of New Zealand, £±l\/%: Bank of New Zealand, fcS 7/6, £2 7/3; Tooth's, :W/ 6. CALL .AND DIVTDEWD LIST. DIVIDENDS. _ Dim TootSa» 3 j3Brewerjr—-Final, 8 p.c. p.B. -:•>'• J>ow Australian Glass—lnterim, 3 p.c. ord.* 4| p.c pref •. •:. •- ■ Now Henry Jones—lnterim, 9d per share ........... NoW Bank of New Zealand —Interim, 1/4 per share .;•/;_;•• Dee " New Zealand Breweries —Interim, 4B c Dec. 7 Tattersfield, Ltd.—Final, 2 p.e... Dec. 10 North; Broken Hill—2/ a share.. Dec. 14 Mount Lyell—6d,per share ..... Dec. -1 Broken Hill South —1/ per stare Dec. 23 P. .and O.—Final, 35 p.c. ...... Dec. — British Tobacco— Quarterly, li 1 DC. .-«...•••» • * }eC ' 31 Natlonal'Bank of New,.Zealand— Interim, Bp.t p.a. ■»■. ■. ■*>** ■.» Jan. —