ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 93, 20 April 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS FAIR. A fair amount of business has been transacted on the local Stock Lxehanpe since last report, with no important market changes. At this morning's call bidding was rather dull. Buyers wore still prepared to give £94 for Government 4',3's iii the 1938 issue, but for the '39's, interest on which is payable to-day, the best offer, ex interest, was £92. For the S'.ii's £07 15/ to £08 was offered, according to date of issue. There was virtually no change in the bank section. The announcement of the interim div: dend to be paid by the South British Insurance had no effect on the value of tha scrip, which was again offered at £2 9/, with best buyers at £2 8/. Other ins.trances were neglected. In local body debentures Auckland Harbour, Hospital and Power Board i, a!so Utahuhu and Newmarket Councils, were again asked for. with rates unaltered. A parcel of Wright, Stephenson's pref. shares was offered at 18/, and buyers for Kempthorne, Pressors moved up to £'-' 4/6. Mount Lyells attracted some attention, and after two sales there were still buyers at 18/3. At the Noon Call. Sales were reported at th* noon call of Bank of New Zealand shares at £'2 3/, and of Commercial Bank at 14/. Buyers ot Bank of New South Wales the offer 5/, but sellers remained at £'25 ;>., • Union Bank shares were again in request at £0 10/, and a. seller came in at £0 10/0. New Zealand Insurance shares also eased to sellers at £1 10/ , with no quoted buyers. A drop of 5/ was made in the selling quotation of National Mortgage shares, £1 15/ being the price asked. New Zealand Breweries wore again inquired tor at £1 2/9, with sellers still wanting £1 3/0 British Tobacco shares were oftered at £1 7/, but the buyers did not advance above £ 1 0/3. . Government bonds, s%'s, firmed in price, £08 being offered for 1036 andl 1037 issues. The sane price was also offered for the 5Ms per cent Inscribed loan, lO.ju.

SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sals. Farmers' Fertiliser £0 12 o .. £0 12 0 British Tobacco.. 1 V. o .. 1 o O AT THE 10 A.M. CALL TO-DAY — ST.Z. Breweries .. 1 2 11, .. 1 "■ J> Mount Lyell 01| 0 .. 01| ,* 04 12 C .. 04 15 0 AT THE 12.15 P.M. CALL TO-DAY — Commercial Bank ... . of Australia... (0 It 0) .. 0 14 1 Bank New Zealand t2 o 0) .. -Jo INTEREST KATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows for the latest sales:— PER CENT PER ANNUM. £ S. d British Tobacco 4 10 7 New Zealand Breweries 7 U U Mount Lyell •> ° °. Com. Bank of Australia 8 0 <Ji Bank of New Zealand 0 1» 4 fPaid no interim dividend last half-year. •Based on last interim dividend. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Tuesday. Stock, 1030. ->l per cent (Fel.ruaryAugust), £9S: Commercial Bank of Australia, 14/; Union Steam (pref.), £1. CHKISTCHUKCH, this day. Sales on 'Change.—Commercial Bank of Australia, 14/ ; E., S. and A. Bank (cum div ) £4 1/0; Mount Lyell, 18/3; Okarito, 0/6; Waihi, IG/0. CHRISTCHURCH, Tuesday. British Tobacco, £1 0/1, £1 G/G; Farmers' Fertiliser, 12/; Kins Solomon, 1/3 (2 parcels). DUNEDIN, Tuesday. Bank of New Zealand, £2 3/3. CALL AND DIVIDEND LIST. DIVIDENDS. Due. N. 55. Guarantee Corp.—lnterim, pref., 7 p.c. p.a.; ord.. 3/ paid, 2d a share; fully-paid, 5d a share New Timaru Brewery—Final, 3S p.c. April — South British —Interim, 1/4 per share --• A P nl 2S British Tobacco —Pref.. quarterly, GJ p.c, subject to Federal tax of 10 p.c April 30 E., S. and A. Bank —Interim, 3 p.c Ma y 2 Bank of Adelaide —Final, 4 p.c. p.a :••••• May 4 Mosgiel Woollen Co.—lnterim, 4 p.S M <>y 12 LONDON STOCK EXCHANGE. AUSTRALIANS FURTHER DEPRESSED. (Received 11.30 a.m.) LONDON, April 19. London Stock Exchange quotations include the following:—Peninsular and Oriental, 15/3; Dalgety and Co., shares £6 10/. 4 per cent debenture stock £67 ex dividend; Goldsbrough, Mort, £62 10/; Australian Government stock are further depressed. Dealings in Commonwealth OS ranged £80' to £80, 6's from £86 to £96: Victorian, s's, £70 to £80; New South Wales, 4's, £75 to £77; 3%'s. £50 5/; s%'s, £88 10/ to £91 10/; 6%'s, £7u, 6's, £70.

AUSTRALIANS IN NEW YORK. NEW YORK, April 18. Sales of Australian Government bonds on Wall Street to-day compare with those of April 11 as follow:— Dollars. Dollars. Commonwealth — April 3 8. April 11 5 p.e., Jan.-July. 1055 .. 571 58J 5p c, Mar.'-Sept., 1957 . r.S 573 4J p.c., May-Nov., 195G . 01J 52 New South Wales— 5 p.c., Feb.-Aug., 10.17 .. 50 513 5 p.c., Aprll-Oct., 1958 .. 50 50J Queensland — 7 p.c:, April-Oet., 10-12 . 77 * e p.c, Feb.-Aug., 1U47 .'. (h;j cc>3 •Not quoted.

AUSTRALIAN STOCK EXCHANGES. ! SYDNEY, April 10. Owing to the fact that general elections are pending in Victoria and Queensland in May and June, anil in New South Wales proTjably at an early date, invescors are marking time, and the markets on the Sydney Stock Exchange are in the doldrums. There was little alteration in prices to-day. Commonwealth 4 per cent bonds sold as follows:—l93S. £95 13/0; 1041, £94 2/0; 1044, £02; 1947, £01 10/; 1950, £90 17/G; 1955, £01: 1959, £90 1/3. Other sales were: —Bank of New South Wales, £28 10/; Bank of Australasia, £10 7/6; Commercial Bank of Sydney, £15 10/; Union Bank. £7 12/0; Colonial Sugar. £44; Burns, Philp, 39/7 V::; Australian Gas. A shares. £5 14/; Australian Glass, 35/4%; Tooth's Brewery, 20/3; Electrolytic Zinc, pref., 21/9; Broken Hill Proprietary-, ; 15/C; North Broken Hill, 61/0; South Broken Hill, 42/; Sulphide Corporation. 9/9. * ' ' _ , , . Melbourne sales, were:— Bank of Australasia, £10 8/; Union Bank, £7 12/; Dalgetys, £8 10/. ■