ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 148, 24 June 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS !N SHARES. BUSINESS STILL ACTIVE. BANK OF NEW ZEALANDS RECOVER. After a quiet period early yesterday morning business 0:1 the local Stock Exchange brightened up, and recent activity was regained. A good list of sales was registered at the 3.15 p.m. call, and fresh ones were added to the list this morning. At the fresh bidding this morning there was a keener tone in the banking section, with buyers for most of the quoted lines. Xcw Zealands continued the recovery from the recent decline with a sale at £2 2/0, after which holders asked .C 2 2/9. Commercials were wanted at 13/0 for the ordinaries ( and £6 6/ for the pref. Nationals < f Australasia had buyers at 'fJO, and Australasias at £0 2/0. Insurances were firm at late rates. Buyers for Pukcmiro Collieries moved their limits up to ,C 1 ]/> and Westport 10/ shares were in request at 8/!). There were buyers for Taranaki Oils at 1/8. with holders standing out for 2/0. Waihis improved, and after last night's sale at 14/9 sellers asked 15/. In Government stocks theve were buyers of the 4%'s at £03 5/ to £o<s 10/, according to date of issue, and s'/&'h were wanted at £99 15/. A parcel of s%'a Inscribed (1030) was on offer at £100 10/. The Noon Call. At the noon call Bank of Xew Zealands again moved up with a sale at £2 3/, and more wanted at that figure. Commercials improved, with buyers at 13/11. Taranaki Oils were on offer 3d lower at 2/3. In Government stocks par was offered for 5% (1937) Inscribed. SALES COMPLETED. AT THE 3.15 P.M. CftLL YESTERDAY— Last Sale. Nat. Bank of N.Z, £320.. £:'. 2 O Union Bank f>l7 0 .. 0 17 0 Now Zealand Ins. 1 17 10 ■.. 1 17 10 South British .. 2 11 O .. 2 11 0 Bank Now Zealand 2 10.. 2 1 3 Aufk. Harb. Bd., lorn, r,} p.p. .. OS 10 0 .. OS 0 0 Auck. Drain. Bd., lf>36, G p.e 04 10 0 .. — Govt. Loan. 10.17, iU p.c, Feb.Ail- ... 100 7 r> .. 100 r> 0 Waihl' 014 0 .. 014 0 AT THE 10 A.M. CALL TO-DAY— Woolworths (pref.) 1 ."> 0 .. 14 3 TSnnk New Zealand 2 2 C .. _ 1 0 Ins. Loan, 192741, 51 p.c 03 O 0 .. — AT THE 12.15 P.m. CALL TO-DAY— Bank Now Zealand 2 3 0 .. 2 2 fi South British ... 211 0 .. 211 0 INTEREST RATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows for the latest sales:TBR CENT PER ANNUM. £ s. d. Nat. Bank of New Zealand. . 5 12 10 Union Bank 2 18 ;>T Now Zealand Insurance .... f> i> .1 South British 5 4 7 Bank of New Zealand 0 17 4 Walhi 18 11 a Woolworths pref 7 4 0 Bank of New Zealand 6 Id -1 t Based on Interim dividend.

SOUTHERN EXCHANGES. j (By Telegraph.—Press Association.) WELLINGTON, Thursday. Rank of New Zealand, £'2 1/3. £2 1/6; Wilsons Cement, £10/ (3 parcels) ; Mount X,yell, 16/11. CHRISTCHURCH, this day. Sales on 'Change.—Commercial Bank of Australia, 13/11; Bank of New Zealand, £2 2/: New Zealand Breweries (cum div.), £1 4/6; British Tobacco (cum div.), £ 1 7/S; Golden Dawn, 0/9 ; Okarito, 0/u; Waitahu Mining, par. ' Reported Sale.—National Bank of >>ew Zealand (cum div.), £3 3/. CHRISTCHURCH, Thursday. Stock, 1036, 51 per cent (February•Vucnst) £100 0/, £100 10/; l'J37, 51 per cent (September-March), £100 7/6 (8 parcels) ; National Bank of New Zealand, £3 2/9; Bank of New Zealand, £21 1/5, £2 1/0 (2 parcels), £2 1/7; Union Bank, £ 6 16/0 ; New Zealand Insurance, £ 1 18/; South British Insurance, £2 11/(3 parcels); Goldsbrougli. Mort, &1\ United Building, 14/3 ; Australian Glass, £ 1 15/3 , Colonial Sugar, £41 5/; New Zealand Retrlgemttng ?£1 paid). 10/ lO; Mount Lyell, 17/2 (2 parcels) ; Gillespies Beach, par. DUNEDIN, this day. Sale on 'Change.— Waltanu, Id premium Reported Sales.—Waitahu, par; Bank of New Zealand, £2 2/ (2 parcels). CALL AND DIVIDEND LIST. DIVIDENDS. Due. Bank of New Zealand —Final, pref. issue. 33 p.c. and ord. 1/4 a share and bonus 1 p.c. Now Australian Glass —Pref. shares, 9 p.c. p.a. ; ordinary, 7J p.c. p.a. Now Morris, Hedstrom, pref., final, 3 p.c, ordinary, final, 2 p.c Now British Tobacco, quarterly, IS p.c. June rfO North Broken Hill—l/ 6 a share June 30 New Zealand and River Plate — Interim. 3i p.c. Jul? 1 New Zealand Breweries—Final, 8 p.c. p.a J" 1 ? <" National Mortgage, interim, 5 p.c. p.a V-rU 1 July Goldsbrougli, Mort,—Final, -1 p.c. p.a ,"■■;■" National Bank of New Zealand — Final, 3 p.c

AUSTRALIAN STOCK EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, June 23. The turnover on the Sydney Stock Exchange to-day was only moderate in volume and prices moved within narrow limits. Sales recorded were:—Union Bank, £7 7/6; Bank of New South Wales, £2/ 12/6; National Bank (£5 paid), £5 12/6; Colonial Sugar, £45 2/6; United Insurance £7 15/; Burns, Philp, 43/; Electrolytic Zinc, pref., 21/10%; Tooth's Brewery, 28/6; Dunlop Perdriau, 12/3; British Tobacco, 30/; Goldsbrough, Mort, 21/10%; Gordon and Gotch, 26/6; Winehcombe, Carson. 18/6; Taranaki Oil, 1/11%; Broken Hill Proprietary, 16/; North Broken Hill, 59/6. Commonwealth 4 per cent bonds sold as follows:—1938, £94 12/6; 1941. £93 5/; 1044, £92 3/9; 1917, £02; 1957, £91; 1959, £91 10/; 1961, £91 17/6. Melbourne sales were:—Goldsbrough, Mort. 22/; "Herald" arfd "Weekly Times," 48/; North Broken Hill, 59/; Taranaki Oil, 2/1. P. AND O. STOCK. (Received 11 a.m.) LONDON, June 23. P. and O. deferred stock is quoted at 15/9. CUSTOMS EXCHANGE RATES. Rates of exchange ruling at the announced ■ date of departure of the vessels named are shown in the following table. They are subject to confirmation by the Customs Department when the exact time of departure is learned on the arrival of the vessels in New Zealand, finally declared rates being marked*:— Arraadale. XJ.S.A.. dollars 3.0S i>- Golden Cloud. U.S.A., dollars 3.09 ■k Canadian Highlander, Canada, dols. 4.21 Sydney Maru, Japan, yen 21 gd