ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 135, 9 June 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS QUIETENS DOWN. After a brisk period at midday yesterday business on the local Stock Exchange quietened down, and only a trio of sales was put through at the next two calls. At the fresh bidding this morning there was a fair inquiry in the banking section. Buyers for Nationals of Australia again moved up to £10, while the best offer for Unions was lowered to £6 10/. New Zealands were in demand at £2 2/6, and Commercials at 13/3. Commercials, pref., were also asked for, the buyer ottering £0. Gas shares were steady, with fresh buyers at £1 0/0. New Zealand Breweries were wanted at £14/ and Tooth's it £1 VAustralian Glass shares were very firm, with buyers at £1 14/0 and no sellers, while Colonial Sugars were inquired for at £40. Waihis were easier, and after a sale at 14/8 best buyers dropped to 14/6. In Government stocks 5Ws (1937) were firmer, with buyers at £90, and a parcel on offer at £99 12/0. Tho Noon Call. After the recent easing Bank of New Zcalands steadied again, and at the noon call a sale was recorded a penny better at £2 2/10. Sanford's £1 ordinary shares changed hands at 3/, the first transaction in this scrip for a considerable period. Union Banks improved with a sale at £0 16/, after which buyers again dropped back to £6 10/. Waihis were affered at 14/9, and Lyells 3d cheaper at 16/9. SAI/ES COMPIETED. AT THE 3.16 P.M. CALL YESTERDAY— Last Sale. Commercial Bank oE Australia .. £0 13 (i .. £0 13 4 Bank New Zealand 2 2 0.. 2 3 0 AT THE 10 A.M. CALL TO-DAY— Waihi 014 S .. 0 15 3 AT THE 12.15 P.M. CALL TO-DAY— Bank New Zealand 2 2in .. 2 2 0 Union Bank ... 61G 0 .. 611 6 Farmers' Fertiliser 012 <> .. 012 0 Sanforcl (ord.', .. 0 o o .. — Govt. Loan, 1933, 51 p.c., Ins OS 10 0 .. OS 10 0 INTEREST RATES. 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. Commercial Bank 8 6 !)f Bank of New Zealand G 13 11 Union Bank 3 0 0* Waihi 13 12 8 tPaid no interim dividend. I ♦Based on interim dividend.

SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON. Wednesday. Stock. 1038, 4J per cent (May-Novem-her), £02 5/; Bank of New Zealand, £2 2/11; Bjink of New South Wales, £25 2/6; Goldsbrough, Mort, £1 1/0. CHRIS'K'HURCn, this day. Sales.—Government 55 per cent Inscribed Loan. February (1037), £00 10/; ditto. September. £09 10/: Auckland Gas. £1 0/7; Mahakipawa, 4d; Waiiii, 14/10 to 14/9. Reported Sales.—Government 5$ per cent Inscribed Loan (1937), £!•(> 10/; oM per cent Inscribed (1933). £98 10/; 5J per cent Inscribed, September (1937), £09 10/ to €99 12/0. CHRISTCHURCII. Wednesday. Commercial Bank of Australia, 13/4; Goldsbrough, Mort. £1 1/4: United Building, 14/; 'Mount Lyell. 10/1! (2 parcels); Waihi, 15/; Goldsbrough, Mort. £1 1/5; Golden Dawn, 5/7J (3 parcels) ; Mahakipawa, 4d ; Okarito, DUNEDIN, this day. Late Sale Yesterday.—Union Steamship, prcf:, 19/3. DUNEDIN, Wednesday. National Insurance, 11/2 ; Mount Lyell, 16/9. r.ATVT, AND DIVIDEND LIST. DIVIDENDS. Due. Okarito Gold Dredging—Second 6d a share Now Wilsons Cement—Final, 1/ a share . Now British Tobacco —Quarterly, 6 p.c. p.a June IS Robinson Ice Cream —Annual, 8 p. c June 14 Alexander Mines —1/ a share ... .Tune 16 Gear Meat—lnterim, 6d a share June 17 Bank of New Zealand—Final, pref. issue, 33 p.c., and ord. l/ 4 a share and bonus 1 p.c. June 17 Australian Glass—Pref. shares, 9 p.c. p.a.; ordinary, 7J p.c. p.a. June 22 New Zealand Breweries —Final, North C Broken" Hili—l/6 a s j iare j unc 30 New Zealand and River Plate — Interim, 3} p.c July 1 AUSTRALIAN STOCK EXCHANGES. YESTERDAY'S BUSINESS.

SYDNEY, June 8. On the Sydney Stock Exchange to-day the market continued firm and active, with slight reaction here and there. Profittakers were somewhat active. Sales recorded were: Bank of New South Wales, £29 2/6; Commercial Bank of Sydney, £16 15/; National Bank (£5 paid), £5 12/6; Colonial Sugar, £45 15/; New Zealand debentures, 5% per cent, 1937, £110; Australian Gas, B shares, 117/6; Tooth's Brewery, 29/3; ditto, New Zealand delivery, 29/1%; Tooliey's Brewery, 19/3; Dunlop Perdriau, 12/4; G'oldsbrough, Mort, 23/10%; British Tobacco, 32/; Fairymead Sugar, 24/; Millaquin Sugar, 25/10%; Winchcombe, Carson, 19/; Broken Hill South, 40/3; North, 60/6. Commonwealth 4 per cent bonds sold as follows:—1938. £95 16/3; 1941, £92 2/6; 1947, £01: 1950, £91 12/6; 1955, £92; 1957, £01 15/; 1959, £91 12/6. Melbourne sales were:—Commercial J>ank of Australia, 14/10; Dunlop Perdriau, prof., ,25/4%; "Herald" and "Weekly Limes, 48/; North Broken Hill, 60/6; -Mount Lycll, 18/7.

LONDON EXCHANGE. BANK SHARES AND DEBENTURES. LONDON, Juno 7. On the London Stock Exchange to-day quotations of bank shares and other corpor.ation debentures and stocks compare v.ltli previous quotations as follows'— J'anks— £ 1a 1 24 d * U " C 7 ", Now South Wales 21 o 6* 20 5 'o Australasia 7 IS 0 7 lr , n union of Australia 5 7c 417 r National of N. 55. . 213 is "10 P. N. 55.4 p.c. jruarun- 3 " 0 tccil stock 93 10 0 93 10 0 New Zealand shares 2 o o 2 o nl Debentures, etc.— N.Loan anil Mercantile, 4 p.c. . 57 10 0 57 0 0 N. 55. Loan and Mercantile, ord. stock 30 10 0 30 10 0 I'. and O. stoc' - —■ 11 71 •Ex dlv. P. AND O. STOCK. (Received 11 a.m.) LONDON, June 8. P. and O. deferred stock is quoted at