ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 58, 9 March 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

BUSINESS SLOWS DOWN

After a brisk period yesterday business on. the local Stock Exchange quietened down this morning, nnd only a single sale was recorded at the first call.

At the fresh bidding Government 5Vs per cent stocks were again in request, with buyers at £97 15/ and holders asking £98 5/. Tax frees were on offer at JL" i>3 10/, but there were no declarations from buyers. In the banking section Nationals of New Zealand eased further with sellers at £3 8/, and New Zealands were on offer at £2 2/0. Investors are still interested in Australian Glass, and offered £1 9/3 for the £1 scrip. Guarantee Corporation ehares were easier with sellers at 4/3. Pukemiro Collieries were available at £1 8/6. At the Noon Call. Business was done in Bank of New Zealand shares at £2 2/6, and in Union Banks at £6 15/, the latter being a drop on the last previous sale over a month ago. Buyers offered £6 12/6, and sellers ashed £6 17/. Buyers came in for Bank of Australasia shares at £8 16/, but no seller quoted. New Zealand Breweries were inquired for at £1 2/, but sellers asked £1 4/. British Tobacco filmed threepence, being wanted at £1 5/6, with no sellers quoting. Colonial Sugar shares eased 5/ in the selling price, being offered at £36 15/, but sellers did not advance beyond £35 10/. A buyer came in for Kuala Kampar Tin shares at 4/6, whereupon a seller quoted 5/6. Sales were reported of Inscribed 5% per cent Government Loan (1937) at £97 15/, a drop of 2/6 on the business recorded at the morning call.'

SALES COMPI-ETED

Last Sale. AT THE 3.18 P.M. CALL YESTERDAY— Bank of A'sia .. £0 0 0 .. fO 0 0 Bank of A'sia .. 9 10.. 0 0 0 Com. Bk. of Ans. 014 0 .. 014 2 G ™ B ilvn'-Jv ° 3 °°- ° 3 ° ° GO lV?& fin's"') .'. 93 00..03 0 0 Gnvt. Loan, 5-}, j> , A . 1936 (Insc.) .. 07 15 0 .. 97 10 0 Govt. Loan, ss, 1037, (Insc.) .. 07 15 0 .. 07 1a 0 Golden Dawn ... 0 7 1.. 0 7 0 0 7 3 !! 0 7 2 0 7 1J .. 0 7 3 Anck. City, 5-}, l<l4o 00 10 0 .. 06 10 0 X.Z. Insurance .. 11G 6 .. 110 6 Bank of N.Z. .. 2 2 6.. 226 AT THE 10 A.M. CALL TO-DAY— Com. Bk. of Aus. 014 0 >. 014 0 AT THE 12.15 P.M. CALL TO-DAY— Bank of N.Z. ...226.. 227 Union Bank 615 0 .. 7 10 0 Govt. Loan, s}, 1037 (Insc.) ..' 97 15 0 .. 97 17 6 INTEREST KATES. Tbe return to the investor on bis outlay, based upon the latest dividends and in the case of loans and debentures tpon redemption at maturity, works out as follows for the latest sales:— PER CENT PER ANNUM. £ S. d. Bank of Australasia 4 19 5 Com. Bank of Australia ... 8 0 8t Gort. Loan, 4J (1938) .... 5 18 4* Ditto, 55 (1936), Inscribed 6 3 0 Ditto, 5& (1937), Inscribed 6 0 7 Auckland City, 5J (1940). . 5 13 0 Bank of New Zealand 6 14 11 Union Bank 5 3 8 •Free of Income tax. fPaid no interim div. last half-year. SOUTHERN EXCHANGES. (By Telegraph.—Press Association,) WELLINGTON, Tuesday. Bank of New Zealand, £2 2/3; South British, £2 10/. CHRISTCHURCH* this day. Ne-w Zealand Government 51 per cent Bonds (1937), £98 7/6, £98 10/; Goldshrough, Mort, £1 1/10; Golden Dawn, 7/ (3 parcels) : Mahakipawa, 2d; Okarito, 9/3, 9/21 (2 parcels), 9/2. . CHRISTCHURCH, Tuesday. Bank of New Zealand, £2 2/6 (2 parcels) ; Goldsbrough, Mort, £1 1/11; Union Steam (pref.), £1 0/1; DunlOn Perdriau, 10/2; Victoria Nyanza Sugar, 14/6; King Solomon, 1/4, 1/31; Okarito, 9/4. GAUL. AITO DIVIDEND LIST. DIVIDENDS. Dae. National Mortgage—Final, A ord., 2/ a share; B ord., 1/ a share Now Uuddart, Parker—Final, pref., 3 p.c.; ord., 21 p.c. Mar: 12 North Broken Hill—Quarterly, 1/6 Mar. 23 Pukemiro Collieries —Interim, 21 p.e Mar. 30 British Tobacco—Quarterly. 1J p.c Mar. 81 Dnnlop-Perdriau Rubber — Interim, pref., 5 p.c Mar. 31 Bank of Australasia —Final, 4 p.c Apl. 1 Howard Smith—Pref., 6 p.c. p.a. ApL S Electro. Zinc—Pref., half-year ended December 31, 1930. 4 p.c. Apl. 14 Broken Hill South —Interim, 1/ a share ApL 15 ""Kempthorne, Prosser—Final, 4 p.c. — ACROSS THE TASMAN. YESTERDAY'S BUSINESS. SYDNEY, March 8. On the Sydney Stock Exchange to-day there was more activity in Commonwealth 4 per cent bonds, which showed an improvement. Closing sales were: —1938, £94 15/; 1941, £92 15/; 1944, £91 15'; 1947, £91 5/; 1950, £89 5/; 1951-53, £89 7/6; 1951-55, £89 10/; 1951-57, £89 5/; 1951-59, £91 2/6. Other sales were:—Bank of New Zealand (Sydney register), 42/; National Bank (£lO paid, New Zealand delivery), £11 10/; Bank of New South Wales, £29 5/; Bank of Australasia, £10 8/; United Insurance, £8 15/; Colonial Sugar, £41: Tooth's Brewery 0 , 25/9; Toohey's Brewery, 17/3; Australian Glass, 34/4%; Australian Glass, A shares, 101/; British Tobacco, 29/6; Goldsbrough, Mort. 24/10%; Henry Jones, 28/6; Dunlop-Perdriau, 11/5; Electrolytic Zinc, 15/; North Broken Hill, 69/3; Zinc Corporation, 30/4%; Gordon and Gotch, 26/9. Melbourne sales were:—National Bank (£5 paid), 109/; ditto (£lO paid), 235/: Goldsbrough, Mort, 25/; Dunlop-Perdriau. 11/6; "Herald" and "Weekly Times," 42/9; Gordon and Gotch, 26/6; South Broken Hill, 47/3. AUSTRALIAN SECURITIES. QUOTATIONS IN NEW YORK. NEW YORK, March 7. Sales of Australian Governmeat bonds on Wall Street to-day compare with those of February 29 as follows:— Dollars. Dollars. Commonwealth — Feb. 20. Mar. 7. 5 p.c, Jan.-July, 1955 341 69 5 p.c, Mar.-Sept., 3957 04 J 50J 41 p.c, May-Nov., 1956 481 54J New South Wales — 5 p.c, Feb.-Aug., 1957 51 521 5 p.c, April-Oct., 1958 49} 53 Queensland— 1 April-Oct* 1942 tl 76 6 p.c, 60 J 64