ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 122, 25 May 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. A QUIET SPELL. Business on the local Stock Exchange has been rather quiet since last report, with few- sales recorded. Bidding at this morning's call indicated a quieter tone. This was particularly noticeable in the banking section. New Zealand* were 011 offer at £2 4/, with best buyers at £2 3/5. Insurances were firm, and buyers for South British moved up to £2 S/. A parccl of Sanford's pref. shares was available at IS/, and one of Henry Jones at £1 6/9. Moturoa Oils were again wanted, with buyers at 3/G, while 9/3 was offered for Okarito Mining. Government stocks showed little change. At the Noon Call. Bank of New Zealand shares were slightly easier at the noon call, a seller quoting £2 3/10, with buyers offering £2 3/3. Wilsons Cement had reported sales at £1 7/3, and Golden Dawns were placcd at 5/11. Goldsbrough, Mort shares were inquired for at £1 1/10, ami ttie selling quotation then eased to £1 2/4. New Zealand Breweries firmed 3d. being wanted at £1 4/9, and buyers again offered £1 14/ for Burns, Philp shares. Buyers quoted at late rates for ten different Government loans, but there were only sellers of four. SALES COMPLETED. RT THE 3.15 P.M. CALL YESTERDAY— Last Sale. Bank New Zealand £2 0 .. £2 310 j Farmers' Trading 0 4 0.. 0 5 0 Moturoa Oil .... 0 4 O (> 4 3 Waihi oir, :! .. 0 1.1 r> N.Z. Refrigerating 011 0 .. 010 0 AT THE 10 A.M. CALL TO-DAY— Golden Dawn ... £0 3 0 .. £0 C 0 AT THE 12.15 P.M. CALL TO-DAY— Wilsons Cement (1 7 3) .. 1 7 Golden Dawn .. 0 511 0 5 9 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 ANNUM. £ s. a. Bank of New Zealand 6 11 1 Farmers' Trading 13 9 4 Waihi 1- - 3 New Zealand Refrigerating . S 13 11 SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Tuesday. Bonds, 1939, 4J per cent (April-October), £92 15/, £92 10/: Stock. 1037, 51 per cent (February-August). £00: Commercial Rank of Australia. I?'G (2 parcels): Bank of New Zealand, £2 3/9; Moturoa Oil, 4/9, 4/6, 4/3. CHRIST CHURCH, this day. Sales on 'Change.—Government 41 per cent Inscribed (1935), £92 10/; Beath and Co., £1 1/; Mount Lyell, 17/4; Golden Dawn. 5/9 ; Maluikipawu, 5d (2 parcels) ; Okarito (cum div.), 9/4 (2 parcels). CHRISTCHURCH, Tuesday. Commercial Bank of Australia. 13/6, 13/7; Bank of New Zealand, £2 3/G; Union Bank, £6 13/; New Zealand Refrigerating (10/ paid), 4/2: Mount Lyell, 17/5 (2 parcels) ; King Solomon, 1/1; Mahakipawa (pref.), Gd ; Okarito, 9/3. DUNEDIN', this day. Late Sale Yesterday.—Westport Coal (cum div.), 10/6. . Reported Sale This Morning.—Union Bank, £G 13/6; Gillespie's Beach, par. DUNEDIN, Tuesday. Stock, 1937, 5J per cent (FebruaryAugust), £99 2/6; Bank of New Zealand, £2 3/10; Goldsbrough, Mort. £1 3/3; Westport Coal, 19/0; Wilsons Cement, £1 7/5; Moturoa Oil, 4/6, 4/9 (3 parcels) ; Okarito, 9/4, 9/5; Golden Progress, 2/. CALL AND DIVIDEND LIST. DIVIDENDS. Due. Taupirl Coal (ord. shares) —5 p.c. p.a Now N.Z. Perpetual Forests —Final, 8 p.c. p.a Now Donaghy's Rope Co.—FinaJ, 1/3 a share . Now Wright, Stephenson—Ord., 4 p.c. Now National Bank of Australasia— Final, ord. and con., 3 p.c Now Westport Coal—lnterim, 6d a share May 30 Eank of New South Wales— Quarterly, 5/ per share May 3 1 Okarito—Second, 6d a share ... May — llenrv Jones —Interim div., 6d a share J urie 1 Waihi Grand Junction —Annual, 4d a share Juno £ Wilsons Cement —Final, 1/ a share June 8 Bank of New Zealand —Final, pref. Issue, 33 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. 71 p.c. p.a. June 2,~ New Zealand Breweries —Final, °Broken Hill—i/ 6 a share June 30 AUSTRALIAN STOCK EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, May 24. On the Sydney Stock Exchange to-day : there was increased activity, but bonds , were weaker in sympathy with inter-State exchanges. Banks were fairly steady. U.he following sales took place:—Bank of New South Wales, £27 15/; Commercial Bank of Sydney, £16; ditto, New Zealand delivery, £16; Commercial Bank of Australia, 15/6; Australian Glass, 39/; Tooth's Brewery, 27/7%; Taohey's Brewery, 17/9; Goldsboro', Mort., 24/9; Dunlop-Perdriau, 12/3; Gordon and Gotch, 27/; Broken Hill Proprietary, 16/1%; Broken Hill South, 42/; Broken Hill North, 62/6. Commonwealth 4 per cent bonds sold as follows:—1938, £94 16/3; 1941, £91 3/9; 1944, £90; 1947, £88 10/; 1950, £88 2/6; 1953, £88 7/6: 1955, £88 12/6; 1957, £87 17/6; 1961, £87 17/6. Melbourne sales were: — Goldsboro', Mort, 25/; Dunlop-Perdriau, 12/3; Electrolytic Zinc, 12/9; "Herald" and "Weekly Times," 47/9; South Broken Hill, 41/9. LONDON STOCK EXCHANGE. BANK SHARES AND DEBENTURES. LONDON, May 24. On the London Stock Exchange to-day quotations of bank shares and other corporation debentures and stocks compare with previous quotations as follows:— Banks: £7 18/9; New South Wales, £21; Union of Australia, £5 7/6; National of New Zealand, £2 13/1%; New Zealand 4 per cent guaranteed stock, £93 10/; New Zealand, shares, £2. Debentures, etc.: New Zealand Loan and Mercantile, 4 per cent, £57 10/. AUSTRALIANS IN NEW YORK. NEW YORK, May 23. Sales of Australian Government bonds on Wall Street to-day- compare with those of May 16 as follows:— Dollars. Dollars. May 23. May 16. Commonwealth— 5 p.c. Jan.-July, 1955 .. 62 GO 5 p.c. Mar.-Sept., 1957 . 62 J GO 41 p.c. May-Nov.,, 1956 . 5Gi 54i New South Wales— 5 p.c. Feb.-Aug.,'' 1957 SGJ 51 5 p.e. April-Oct., 1958 v. 56 50J Queensland— "■ 7 pic. April-Oct., 1942 77J 71 L 6 p.c. Feb.-Aug., 1047 . 62 • •Not quoted.