ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 121, 24 May 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHAnbS. NOT SO BUSY. BANK OF NEW ZEALAND EASIER. Despite a healthy tone 011 the Auckland Stock Exchange yesterday the recorded turnover was only moderate. Bidding at this morning's call was scarcely so keen. The banking section was distinctly quieter. For New Zealands, which sold down to £2 3/10 at the last call yesterday, the best offer this morning was £2 3/3. Insurances were firm. New Zealands changed hands rather better at £1 16/3, after which holders asked £1 17/. South British were wanted at £2 7/G, but there were no sellers. Australian issues were in demand, with £1 13/ offered for Australian Glass, £1 14/ for Burns, Pliilp's, £1 7/3 for British Tobaccos, and £1 3/9 for Tooth's Brewery. New Zealand Breweries were firm. The highest bid was £1 5/, but in view of the directors' dividend announcement, holders were asking £1 7/. A parcel of Whitcombc and Tombs' shares was on offer ac £2 14/. The Noon Call. At the noon call special interest in Moturoa Oil was confirmed with a sale 1/ higher at 4/3. Bank of New Zealands were on offer at £2 4/. bringing a buyer at £2 3/0. Buyers of New Zealand Breweries dropped their offers to £1 4/0. Government stocks were steady at late quotations. SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. Auckland Gas ... £1 1 0 • • ] J Bank New Zealand 2 310 .. 14 1 AT THE 10 A.M. CALL TO-DAY— New Zealand Ins. 116 3 .. 116 14 Wilsons Cement 17 3.. 1 6 0 Komata Reefs ... 0 10.. Govt. Loan., 1937, „ n iij p.c., Ins 06 10 0 .. 96 10 0 AT THE 12.15 P.WI. CALL TO-DAY— Moturoa Oil 043.. 0 3 o G 4i t 'p l «; oan :.. l93S : 92 10 0 .. 92 10 0 INTEREST RATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows for the latest sale.*: PER CENT PER ANNUAM. £ s. d. Auckland Gas Jj J*| * Bank of New Zealand « 10 ■> New Zealand Insurance .>lO ■ Wilsons Cement " 0 lu SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Monday. Stock. 1939, 4J per cent (April-October). £92 12/6; Bank of New Zealand, £24/; Moturoa Oil, 4/ ; Okarito, 9/3. CHRISTCHURCH, this day. Sales on 'Change.—E., S. and A. Bank, £4 1/; Bank of New South Wales (cum dir.), £25 5/: Golden Dawn, 5/9. Reported.—Bank of New Zealand (cum div.), £2 3/10; Henry Jones Co-op. (cum dlv.), £1 C/. CIIRISTCHURCH, Monday. Stock 1937, 5J per cent (SeptemberMarch), £98 17/6 ; Bank of New Zealand, £2 3/0 (3 parcels); Goldsbrouch, Mcrt, 2/2; Westport-Stockton Coal, 5(1 (G parcels) ; Okarito, 0/3, 0/2. DUNEDIN, this day. Sale on 'Change.—Okarito (cum div.), Sales.—Bank of New Zealand, £2 3/10: Wilsons Cement. £1 7/;;, Okarito. 9/5 (all cum div.) ; Goldsbrougli, Mort, £1 2/3; 1937 5J per cent (September) Inscribed, £99 (2 parcels). DUNEDIN, Monday. Bank of New Zealand, £ 2 4/; National Bank of Australasia, £10 -/6; Wcstport Coal, 19/6; Moturoa Oil, 4/3. CALL AND DIVIDEND LIST. DIVIDENDS. Due. Taupiri Coal (ord. shares)—s p.c. New a 'Zeaiand Paper Mills—Fir.ai, By croft- —-Final," l'ld 'a 'share ... Now Donaghy's Rope Co. —Final, 1/3 a share Wright, Stephenson —Ord., 4 p.c. jNow National Bank of Australasia— Final, ord. and con., 3 p.c. .... May Westport Coal—lnterim, 6d a ' share •*• •* ; Bank of New South Wales— Quarterly. 5/ per share May -Ji Okarito —Second. 6d a share ... May N.Z. Perpetual Forests—Final, 8 j P jones—interim div., 6d a i share . \Vaihi Grand Junction—Annual, o 4d a share Wilsons Cement—Final, 1/ a g Bank of New Zealand -I? inal, pref. issue, 3J p.c., and ord. 1/4 a share and bonus 1 p.c. June 17 Australian Glass—Pref. shares, 9 p.c. p.a. : ordinary. 7i p.c. p.a. June New Zealand Breweries —Final, _ 8 p.c. p.a AUSTRALIAN STOCK EXCHANGES. SYDNEY, May 23. Although the volume of business was comparatively small on th ?. ® Exchange, there was considerable inquiry for sound stocks. Meanwhile are marking time awaiting. the outcome of the State political campaign. Com» wealth 4 per cent bonds sold as f°' lows ; 1938, £94 15/; IWI, £91 3/9; 1047, £88 10/; 1955. £88 17/6; 1907, £87 10/; 1961, £87 17/6. Other sales were:—Bank ol New South Wales, £27 W; Batik pf Aus; tralasia £10 3/; Colonial Sugar, £43 U/, United Insurance, £7 7/6;_ Burns, Piilp. 49/6; Australian Gas A, £o W; B £5 15/6; Toohey a Brewery, \ 7 r 9 ' loo H l /® Brewerv, 28'3; Goldsboro, Mprt., Dunlop-Perdriau, 12'3; New Zealand stock, 5% per cent, 1937, £109 5/. , Melbourne sales were: —Gordon anu Gotch, 26/10%; ''HeraM'-Times, 47/. Dunlop-Perdriau, pref., 20/6; Broken Hill Proprietary, 16/3; North Broken Hill, 62/9. P. AND 0. STOCK. (Received 11 a.m.) LONDON, May 23. P. and 0. deferred stock is quoted at 13/9.