ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 98, 27 April 1932, Page 4

ON 'CHANGE.

. FLUCTUATIONS IN SHARES. BUSINESS RATHER QUIET. Only a few sales have been finalised on' the local Stock Exchange since last report, and the general market tone is quiet. Government stocks, however; are still in good demand, with late rates firmly maintained. After advances in sales of the o'A's at yesterday's afternoon call there were fresh bidders this morning at £98 5/ to £98 10/, according to date of issue, with vendors holding ont for £99 ;">/. For the 4%'s £94 was available for the '38's, .- With sellers asking £95. A parcel of '69's was on offer at £93. There were only slight alterations in the • banking section. Commercials ■were on otter at 14/. and Unions were easier, with sellers at £6 12/. Xew Zealands steadied up and had buyers at £2 3/. There were'buyers for Traders' Finance shares, 2/6 being available for the 7/6 paid and 14/ for the £1 prefs. Waihis were offered 2d lower at 16/10, and a parcel of Colonial Sugars was available at £39. At Noon Call. Further business was done at the noon call in New Zealand Insurance shares at £1 15/6. Northern Steam also changed hands at 5/6 for paid shaves. A sale was reported of Auckland Gas at £1 0/6, the same rate as the previous transaction. Buvers again came in for Bank of Australasia shares at £9. with no quoted sellers. Dominion Investment and Banking Association shares eased to sellers at 16/. Goldsbrough, Mort shares, on the other hand, firmed to buyers at £1 2/, hut sellers wanted another sixpence. Huddart-Farker Steam, ordinary issue, improved a little, being wanted at £1 1/3, with sellers still askipg £1 2/6. Union Steam shares also firmed threepence, b?ing wanted at 19/9. Sellers then asked £1 0/6. Inquiry set in for New Zealand Breweries at £1 2/6. which brought in a seller at a shilling over that price. New Zealand Farmers' Fertiliser quotations changed, buyers advancing sixpence to 11/6,"and sellers dropping to 12/6. . Government loans had a little more attention. The 4% per cent issue (1939). ex interest, could be placed at £92 10/, and for the 5% per cent (1933) buyers offered £98. an extra 5/ being quoted tor the 1936 loan at ~>Va per cent. InscriDcd 5% per cent (1933) also firmed, buyers offering £98 5/. Sellers dropped out for most Government loans at the noon call. SALES COMPLETED. ;- THE 3.18 P.M. CALL YESTERDAY — Last Sals. Govt. Loan. 1937. ' . 54 p.c. Ins., Feb. 99 0 0 .. 9S 10 0 Govt. Loan, ' 1937, 51 p.c. Ins., ~ „ Sept. (2) 93 15 0 98 10 0 AT THE 10 A.HI. CALL TO-DAY— Xew Zealand Ins. 115 0 .. 113 Golden Dawn.... 0 6 0.. 0 t> 0 AT THE 12.18 P.M. CALL TO-DAY — Auckland Gfis ... 1 ,°« • • 1,- n New Zealand Ins. 1 l-> J; • - ± 1 ;J " Northern Steam . 0 .> 0 . - U .. J Golden Point 0 0 J .. — INTEREST KATES. The return to the investor on his outlav, based upon the latest dividends, works but as follows for the latest sales:— PEK CENT'PER ANNUM. s s. a. ' New Zealand insurance 3 12 7 Auckland Gas « lb ' SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Tuesday. New Zealand Guarantee Corporation, 4/1. CHRISTCHUKCH, this day. Sale's. —New Zealand Government 41 per rent Inscribed Stock (1938). £94 15/; E., S. and A. Bank (cum div.), £4 (8 . parcels) : Bank of New Zealand, £2 3/3 (2 parcels) ; Mount Lyell, 18/4. Reported Sale.—New Zealand Government Si per cent Inscribed stock, September, 1937 (a late sale 20th), £99 7/0. CHRISTCHUKCH, Tuesday. Bank of New Zealand, £2 3/3; New Zealand Breweries, £1 3/. CALL AND DIVIDEND LIST. .... .. DIVIDENDS. Due. N.Z. Guarantee Corp.—lnterim, pref.r 7 p.c. p.a.; ord., 3/ paid, 2d a share; fully-paid, 5d a share . Now Timaru Brewery—Final, 3iJ p.c. April — South British—lnterim, 1/4 per share April 28 Traders' Finance (pref. shares) — Interim, 7 p.c. p.a. April 29 British Tobacco (pref.)—Quarterly, 61 p.c, subject to Federal tax of 10 p.c April o0 E., S. and A. Bank—lnterim, 3 ■V p.c, May 2 Bank of Adelaide—Final, 4 p.c. p.a; ...... May 4 Waihi—Final, 1/ per share .... May 6 Mosgiel Woollen Co.—lnterim, 4 p.c. .'......... Mny 12 ■National Bank of Australasia — Final, ord. and con., 3 p.c May — Dalgety and Co.—lnterim, 3/ a share • — AUSTRALIAN EXCHANGES. WEAKER SYDNEY PRICES. SYDNEY, April 26. There are signs on the Sydney Stock Exchange that the investing public is awaiting political developments. Prices were generally weaker. Commonwealth, 4 per cent bonds sold as follow: —1938, £95 7/6; 1941, £94; 1944, £91 3/9: 1947. £9): 1950, £90 17/6; 1955, £90 17/6; 1959. £90 1/3: 1961, £90 17/6. Other sales were:— Rank of New South Wales, £28 10/; Commercial of Sydney, £15 5/; English. Scottish and Australian Bank, 94/; Colonial Sugar, £43 5/; Fairymead Sugar, 22/6; Adelaide Steam, 17/9; Mercantile Mutual Insurance, 12/; Australia Genera! Insurance, 6/3; Australian Provincial Assurance, 4/3; South British, 57/9; Tooth's, 25/9; Toohey's, 16/7%; Henry Jones, 29/6; Australian Gas A, 110/; Goldsbrough, Mort, 25/; Dunlop. Perdriau, 11/5; ditto, pref., 25/1%; Broken Hill Proprietary, 15/10%; South Brokens, 42/9; North Brokens, 63/; Zinc Corporation, 27/. Melbourne sales were: —British Tobacco, 30/6; Howard Smith, 7/; Dunlop, Perdriau, pref., 25/3; Sulphile Corporation. 12/2; Mount Lyell, 20/7%. LONDON STOCK EXCHANGE. (Received 11.30 a.m.) LONDON, April 26. Banks: Australasia, £7 18/9; New South Wales, £21 0/7%; Union of Australia, £5 8/9; National of New Zealand, 57/6; Bank of New Zealand 4 per cents, £88 10/ ex div., ex shares, 37/6. Loan and Mercantile 4 per cent debentures £57, ordinary stock £30 10/.