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ON 'CHANGE.

FLUCTUATIONS IN SHARES. MODERATE BUSINESS. GAS SHAKES STILL WEAK. A good number of sale.-; were iiriaiiscil on the local Stuck Exchange j;t the last i call yesterday, bringing the day's total to j tairJy substantial iißures. 'I his morning.: however, bidding was comparatively dull,! and the only sale recorded v."as a late one; i'rorn yesterday. j A feature of the bidding was continued! weakness in Auckland Gas shares. The! highest bids were 21/ for the ordinary and, 10/ for the contributing issue. These oilers tailed to bring any declarations from holders. i There were practically 110 changes in . the banking section, but in the insurance buyers of .Nationals raised their oilers 3d to 12/6. l'or Douagliy's Hope bidders moved up to £ 1 S/6, while Wilsons Cements cased slightly, having sellers at £I 14/3. .In Government stocks holders of 4'/i's dropped their reserves to £!)o .">/, and SMs's (1937) were available at £99 17/0. The Noon Call. At the noon call local gas shares were offered at £1 4/. New Zealand Breweries were easier, being available at £1 7/3. Loan and .Mercantile were (Tiered lower at £1.5, bringing a buyer at £38. A parcel of Dulgetys was on offer at £7 16/6. lianks were inclined io carc, with L'nions available at £7 12/6 and New South Wales at £27 1.1/, with no buyer in tiiei latter case. Commercials were steady, and after a sale at 14/0 holders moved up to 14/11. SALES COMPLETED. Last Sale. AT THE 3.15 P.M. CALL YESTERDAY— Bank X.S. Wales £27 ." 0 .. £2-S 10 0 Union Bank 7 32 .. 7 10 0; South British .-. 213 0 .. 213 CI Is'./. Guarantee Corp. (pref.) .. 10 3.. 100 Mount Lyell 10 0.. 110 Wanganui 8.C.. IfUn. p.c. 07 10 0 .. — Central Elec. P. 8., 19C3. 5$ p.c 100 0 0 .. — Waihi Grand June. 0 4 0.. 0 3 7 Waihi 0 10 0 .. 0 10 S AT THE 10 A.M. CALL. TO-DAY— King Solomon 0 2 2.. 021 AT THE 12.15 P.M. CALL TO-DAY— Commercial Bank of Australia ... 014 0 .. 011 8 Govt. Loan. 1833, 5i p.c OS 5 0 .. OS 5 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. Bank of New South Wales.. 5 17 5 Union Bank 4 11 <J South British 4 10 8 New Zealand Guarantee Corporation (pref.) 6 38 3 Mount L»yell 4 10 4 Wangamil City, 5J (1013). . G 1 o Central Elec. Power Board, 53 (1063) .... 5 15 0 Waihi 11 IS » Waihi Grand Junction S G S Conij Bank o£ Australia ... 7 12 G* •Paid no interim Uiv. last half-year. SOUTHERN 3SXCHANGES. (By Telegraph.—rress Association.) WELLINGTON, Wednesday. Bonds, 1930, 5J per cent, £90 12/6. CHRISTCHURCH, this day. Sales on 'Change.—Bank o£ New Zealand, £24/; Goldsbrougli, Mort, £13/ (2 parcels) ; New Zealand Refrigerating (10/ paid, cum" div.), 4/8; New Zealand Breweries, £1 7/; Tooth's Brewery, £1 3/; New Zealand i'armers' Co-op., GJ per cent Stock (1940), £50. CHRISTCHURCH, Wednesday. Commercial Bank of Australia, 14/8 (2 parcels) ; Bank of New Zealand, £2 4/ (2 ; parcels); Golden Dawn, 7/11 (2 parcels) ; Okarito, 10/3 (2 parcels). DUNEDIN, Wednesday. Golden Point, 9d; Kildare, 1/10 (2 parcels). CALL AND DIVIDEND LIST. DIVIDENDS. Due. Alexander Mines—No. 1, 1/ a share Now Wellington Woollen Co. —Interim, 8 p.c Jan. — N.Z. Kefrig. Co.—Ord. and eon., 5 p.c. p.a Jan. — Union Bank—lnterim, 4 p.c. (tax free) Jan. 30 British Tobacco—Pref., quarterly, 6J P-e. p.a. (subject deduction 10 p.c. Commonwealth property tax) Jan. 30 Commercial Bank—Pref., 4 p.c.— Feb. 5 New Zealand Insurance —Interim, 1/ per share Feb. 10 AUSTRALIAN EXCHANGES. SYDNEY, January 20. On the Sydney Stock Exchange to-day the volume of business in Australian consolidated bonds was well maintained, but marked irregularity was evident. Some long-dated held well, but short-dated again eased a point or two. Business in banks was restricted to Bank of New South Wales at _£30 and Commercial of Sydney at £16 15/. Other sales were: Fairy mead Sugar (ex div.), 24/9; Colonial Sugar, £45 15/; Victoria Nyanza Sugar, 19/9; Carlton Brewery, 30/; Tooth's Brewery, 27/1%; Toohey's Brewery, 17/6; Henry Jones Co-operative. 28/10; British Tobacco, 30/; Australian Gaslight, A shares, £5 12/6; Australian Glass, 34/6; Dunlop Perdriau, 14/; Burns-Philp, 39/; Broken Hill. Proprietary, 17/3; Broken Hill 6 per* cent debentures, £100 10/; Broken Hill South, 47/3; North Broken Hill, 68/3; Mount Lyell, 23/9. Sales on the Melbourne Exchange included the following:—Commercial Bank of Australia, 17/; Amalgamated Zinc, 10/; British Tobacco, 30/6; "Herald" and "Weekly Times," 43/9; Broken Hill South, 47/4%; Broken Hill Proprietary, 17/1; Zinc Corporation, 31/6. LONDON EXCHANGE. LONDON, January 20. P. and 0. deferred stock is quoted at 21/4%.

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https://paperspast.natlib.govt.nz/newspapers/AS19320121.2.24.1

Bibliographic details

Auckland Star, Issue 17, 21 January 1932, Page 4

Word Count
799

ON 'CHANGE. Auckland Star, Issue 17, 21 January 1932, Page 4

ON 'CHANGE. Auckland Star, Issue 17, 21 January 1932, Page 4

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