ON 'CHANGE.

Auckland Star, Volume LXII, Issue 288, 5 December 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES,

A QUIET SPELL

GOVERNMENT STOCKS FIRM

Business on the local Stock Exchange J(, was quiet this morning, and no sales were j recorded at the call. At the fresh bidding i there was little keenness on the part of j buyers. The only section that was reallj j firm was Government stocks, holders of-F ■which declined to quote. j Banks were in moderate demand. Sellers , of Commercials raised their limits to 16/(3, but buyers refused to go beyond 16/. Ncwj Zealands were quoted ex div., with buyers i at £2 6/ and sellers a shilling higher. Queensland Insurances were agaiu in request, and buyers moved up to £1 10, • In the pastoral section £S was offered for Dalgetys. and Goldsbrough, M° rts lm ' c proved 3d, with a buyer at £1 2/3. Waibis '"•cre still wanted at 16/2, and for Huddart, Parkers £1 3/ was available. SALES COMPLETED. Last Sale, c AT THE 3.15 P.M. CALL YESTERDAY— Bank New Zralrnd £2 S 0 .. £2 S 0 Ke-w Zealand Ins. 2 0 \> . . 2 g » < Auck. Gas iecnt.) 017 3 .. 011 o Mount Lyell 10 0.. 019 ft Waihi 016 2J .. 01C 2 AFTER THE CAI*I». Wailii 016 § •• 0» 21 INTEREST RATES. . i The return to the investor on his outlay, based upon the latest dividends and in* the caEe of loans and debentures upon redemption at maturity, works out as follows for the latest sales:— PER CENT PER ANNUM. £ S. d. Bank of Kew Zealand 5 19 5 New Zealand Insurance .... 4 IS 9 Auckland Gas (con.) 6 19 2 Mount Lyell 5 0 0 Waihi 12 3 0 SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) CHRISTCHURCH, Yesterday. Bank of New Zealand. £2 S/ (4 pareels): Union Bank, £7 19/; New Zealand Breweries. £1 9/3 (3 parcels), £19/1; Gisborne Sheepfarmers. 6$ per cent, 1941, £75: MahaWpawa, 4Jd (3 parcels): Okarito, 9/11. 9/9; Golden Dawn, 5/9; Golden Point, 5Jd. WELLINGTON. Yesterday. Bank of New Zealand, £2 7/6: Union Bank. £8 If; Wellington Gas, £1 6/9: New Zealand Breweries, £1 0/3; Waihi, 16/3J ; Okarito, 10/3. CAIiL AND DIVIDEND LIST. DIVIDENDS. ' Due. Bank of New Zealand—lnterim, 1 /4 per share Now New Zealand Breweries —Interim, 4 p.c. Dec. 7 Tattersfield, Ltd.—Final, 2 p.c... Due. 10 North Broken jElll—2/ a share.. Dec. 14 Mour.t Lyell—6d per share Dec 21 Deronport Ferry Co.—lnterim, Si p.c Dec. 21 Broken Hill South—l/ per share Dec. 2o P. and O.—Final, 8h PC Dec. — National Tobacco Co.—Pref., 8 p.c.; ord., 15 p.c Dec. — British Tobacco—Quarterly, 11 p.c Dec. 31 National Bank of New Zealand — Interim, 8 p.c. p.a. Jan. — BUSINESS IN THE SOUTH. (By Telegraph.—Special to "Star.") CHEISTCHUKCH, this day. The "Christchureh Times" reports as follow:—Recorded turnover in the trading period that ended last night was below the average. In practically every section of the market dealings were restricted and price movements were somewhat irregular. Daily turnover affords the following comparison with that of the preceding xreek: — Thia week. 19,934; last week, 28,194. An analysis of business gives the following results, with figures for the preceding period in parentheses:—Banks, 895 (2384h insurance, nil (50); loan and agency, 1135 (2750); breweries. 1500 (2200): meat, SOO (1100); coal. 300 (nil); mining, 15,000 (19,000); miscellaneous, 304 (710). Sales of Government issues have totalled £3800. against £7000 last week, and £500 of company debentures changed hands.