ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 27, 2 February 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS STILL QUIET. Business on the local Stock Exchange has been very quiet over the last 24 hours, sales having been confined chiefly to Government and local body stocks. At this morning's call bidding was rather dull. In the banking section buyers for New Zealand Nationals advanced their offers 1/ to £3 13/0. Commercials eased a fraction, with sellers at 14/11, and best buyers stopping at 14/8. New Zealands were asked for at £2 4/6. Gas Company shares were quoted ex div., with buyers at £1 1/9. Colonial Sugars cased in sympathy with the Australian market, and there were sellers at £39. Bycrofts were wanted at £1 7/, and for Farmers' Auctioneering B pref. shares, ex div., 11/6 was available. The Noon Call. At the noon call a sale of Bank of New South Wales at £26 5/ confirmed the easier tone regarding this scrip that has been evident during the past fortnight. Commercials were offered Id lower at 14/10, and Unions were available at the last sale price, namely, £7 10/. Wilsons Cements were easier, being on offer at £1 13/. There was a brisk demand for 5 1 / a per cent Government stocks. SALES COMPLETED. Last Sale. AT THE 3.15 P.M. CALL YESTERDAY— Govt Loan, 302741. 5} p.c, Ins. £97 0 0 .. £96 0 0 Farmers' Trading O 5 6 .. 0 5 t» Golden Dawn 078.. OSI AT THE 10 A.M. CALL TO-DAY— Govt Loan, 1030, 5* p.c, Ins. .. 00 17 0 .. 90 12 6 Govt Loan, 1037, 5J p.c. lus. .. 00 17 6 .. 00 15 0 North Cant. P. 8., 1040, 5* p.c OS 5 0 .. — Mount Lyell 10 9.. 110 AT THE 12.15 P.M. CALL TO-DAY— Bank N.S. Wales 20 5 0 .. 27 5 O Bank New Zealand 2 4 6.. 240 Colonial Sugar .. 3S 0 0 .. 40 0 0 Govt. Loan, 1033. „ _ „ 5J p.c OS 5 0 .. OS o 0 SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Monday. Inscribed Stock. 1938, 41 per cent, £94 15/. ditto. 1030, 5£ per cent. £00 10/; ditto, 1037, 5i per cent. £100; New Zealand Breweries, £1 r./0 : New Zealand Refrigerating (10/ paid), 4/0; Union Steam (pref.), £1; Mount Lyell, £1 1/. CHKISTCHUKCH, Monday. Commercial Bank of Australia, 15/1: New Zealand Breweries, £ 1 5/11 (2 parrels) ; Tooth's Brewery, £1 4/; New Zealand Refrigerating (10/ paid), 4/0 (8 parcels); Mount Lyell. £1 0/11 (2 parcels) ; Golden Dawn, 7/4; Golden Point, OJd (seven parcels), 9d. CHRISTCHURCH, this day. Sales.—Christchureh Gas (cum div.), £17/ (3 parcels); New Zealand Breweries, £1 5/0; King Solomon. 2/1 (2 parcels). Reported sale: New Zealand Breweries, £15/7. ,„„, .., DUNEDIN, Monday. Union Bank, £7 9/. 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. Govt Loan, 51. 1027-41 (Inscribed) - g J*> p Ditto, 5J (1030), Inscribed 5 10 9 Ditto, 5J (1037), Inscribed 5 10 6 North Canterbury Power ■Board, 'S3, (1040) w 5 15 9 Farmers' Trading . 11 1- ; Bank of New South Wales.. 0 1 10* Bank of New Zealand 0 0 - Colonial Sugar o 11 » ♦Based on last interim dividend. CAIiL AND DIVIDEND LIST. DIVIDENDS. Due. Auckland Gas—Ord. and con., final, 3 p.c - . _Now Christchureh Gas—Final, 4 p.c. Feb. — Commercial Bank—Pref., 4 p.c— leb. 5 New Zealand Insurance—lnterim, 1/ per share •_- • • • 10 Queensland National Bank—Halfyearly, 4 p.c. p.a Feb. 18 ACROSS THE TASMAN. YESTERDAY'S TRANSACTIONS. SYDNEY, February 1. An atmosphere of caution prevailed on the Sydney Stock Exchange to-day owing to the uncertain financial and political outlook. Bonds, however, were fairly strong. Eight issues of 4 per cents showed advances of from 2/6 to 7/6. Sales were recorded as follows:—1938 issue, £94 7/6; 1944, £93 10/; 1947, £93 17/6; 1950, £94 12/6; 1953, £93; 1959. £9 17/6; 1961, £93 17/6; 1957, £93 8/9. Bank scrip was steady. Bank of New South Wales sold at £30, and National Bank at £5, paid up £5 15/. Colonial Sugars went higher with buyers at £42, and sellers at £45, but no business was done. Millaquin Sugar were easier with a sale at 25/. Other sales were:—Howard Smith, 8/; United Insurance, £8 15/; Tooth's Breweries, 27/; Toohey's Breweries, 17/9; British Tobacco, 30/; Goldsbrough, Mort, 26/6; Henry Jones, 28/; Australian Glass, 33/; Australian Gas, A shares, £5 15/; Dunlop Perdriau (New Zealand delivery), 13/; pref., 27/9: Broken Hill South, 47/6; North Broken Hill, 69/6.