ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 225, 22 September 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES

MORE BUSINESS PASSING

There was an improvement in turnover on the Auckland Stock Exchange yesterday afternoon, and a big list of sales was recorded at the last call. At this morning's call there was a slightly better tone in banking shares. Australasias were asked for at £9 10/, New South- Wales at £27 10/, and New Zealands at £2 7/. The insurance section was very firm at late quotations. Pukcmiro Collieries were available 6d lower, at £1 6/. Farmers' Fertilisers were again in demand, and buyers advanced their offers to 15/0, with holders asking 16/9. Colonial Sugars continued to advance, with buyers at £47, and no sellers. There was no change in Government stocks. 5%, 1937'5, were sold 35/ cheaper than the last sale, but a half-year's interest has been paid in the interim. The Noon Call. At a quiet noon call a sale of Bank of New Zealands was reported at an advance of Id, and Government Inscribed Stock, 1937, 5% per cent, had further business at the same price as in the morning. Buyers of Colonial Sugars advanced t heir limits by "2/6, but none were offered, and there was an advance in bids for Tooth's Breweries, but without attracting sellers. SALES COMPLETES. Last Sale. AT THE 3.1 B P.M. CALL YESTERDAY— Hamilton 8.C., . 1059, 5} p.c. fOl 0 0 .. £ — Auck. Gas, 1033, • „„ 6} p.c 100 10 0 .. 100 10 0 Bank New Zealand 2 7 3.. 270 Commercial Bank . •. of Australia ... 140.. 014 9 Union Bank .... 712 0 .. 111 0 Australian Glass IIS 0 .. 119 9 Farmers' Trading 0 3 C ... 0 4 0 N.Z. Paper Mills 13 li .. OIS 0 Taranaki Oil ... 0 2 S .. 0 2 4 0 2 0.. 02S Wilsons Cement.. 112 4J'.. 113 0 Waihi 0 17 0 .. 0 16 S Golden Point ... 007.. 0 0 73 AT THE 10 A.M. CALL TO-DAY— New Zealand Ins. 2 3.0.. 230 Australian Glass IIS 0 .. IIS 0 Govt. Stock, 1937, 5J p.c 06 5 0 .. OS 0 0 AT THE 12.15 P.M. CALL TO-DAY— Bank New Zealand 2 7 4.. 273 Govt. Stock, 1037, „ „ „ 5& p.c 90 5 0 .. 96 5 0 INTEREST KATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows for the latest sales. Where Government or municipal stocks are included the calculation provides for redemption at maturity, and for payment of Government 10 per cent stamp tax:— PER CENT- PER ANNUM. £ s. a. Hamilton 8.C., 5J (1959).. 5 8 0 Auckland Gas, CJ (1935) .. GlO 0 Bank of New Zealand 6 1 1 Commercial Bank ... .v .. .. 3 710 Union .. .• 2 12 8 Australian Glass 310 0 New Zealand Paper Mills .. 6 12 0 Wilsons Cement 6 3 C Waihi 11 15 3 New Zealand Insurance .... 4 13- 0 Govt. Stock, 5J (1937) .... 5 10 0 SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, this day. Sale on 'Change.—E., S. and A. Bank, £4 16/. ' Reported Sale. —Wellington Gas, £1 10/9. WELLINGTON, Wednesday. Stock, 1937, 55 per cent (FebruaryAugust). £99 5/; National Bank of Australia. £11 11/; Wellington Gas, £1 9/9; Union Steam (pref.), £1 0/0. CHRISTCHURCH. Wednesday. Commercial Bank of Australia, 15/, 15/1; Bank of New Zealand. £2 7/ (2 parcels) ; Union Bank, £7 13/, £7 12/6; Goldsbrough, Mort, £1 5/4; New Zealand Breweries, £1 8/11, £19/; Electrolytic Zinc, pref., £1 5/11; Wilsons Cement, £1 12/7, £1 12/6; Mount Lyell, £1, £1 0/0 (3 parcels) ; Golden Point, 7d; Mahakipawa, 4d. DUNEDIN, Wednesday. New Zealand Drug, £3. CALL ANTJ DIVIDEND LIST. DIVIDENDS. Due. lvcmpthorne, Prosser — Interim, 3i p.c Sept. 23 Milne and Choyce—Annual, pref., 0 p.c.; B pref., 7 p.c.; ord. and deb., 3 p.c •• - Sept. 29 Bank of Australasia —Interim, 3/ per share (less 5/ In £ British tax) Sept. 30 British Tobacco —Quarterly, li p.c. Sept. 30 Dunlop Perdriau—Final, pref. 5 p.c, ord. 3 p.c. Sept. 30 Pukemiro Collieries —Final, 5 p.c. Oct. 1 Electrolytic Zinc (pref.)—Halfyear, 8 p.c. per annum Oct. 27 Waihi —Interim, 1/ a share .... .Nov. 1 Imperial Chemicals —Ord., 23 p.c. Dec. 1 AUSTRALIAN STOCK EXCHANGES. .YESTERDAY'S BUSINESS. SYDNEY, September 21. On the Sydney Stock Exchange to-day the turnover was moderate, but the tone was firm. There was inquiry for bank scrip, and sugar shares and pastorals were closely held. Barrier stocks were steady. This morning's sales were:—Commonwealth 4 per cent bonds, 1938, £100 11/3; Tooth's Brewery, 33/; Winchcombe, Carson, 24/3. Sales this afternoon were:—Bank of New South Wales, £31; English, Scottish, and Australian Bank, £5 7/6; Queensland National Bank, £5 7/6; Colonial Sugar, £54'12/6; Millaquin Sugar, 27/9; Henry .Tones, 34/: Winchcombe, Carson, 24/3; Australian Gas, A shares, £6 17/; Tooth's Brewery, 33/1%; Toohev's Brewery, 20/9; Berlei, 25/9; Dunlop, Perdriau, 16/4; Electrolytic Zinc, 18/1%; Nestle's, pref., 30/3; North Broken Hill, -73/9; Souths, 50/3; Taranaki Oil, 2/9. Commonwealth 4 per cent bonds, 1938. £100 12/6: 1941, £100 13/9.; 1944, £100 18/9; 1947, £99 17/6; 1950. £99 17/6; 1955, £99 18/9; 1957, £100 7/6; ]959, £100 10/. Melbourne sales were:—Union Bank, £8 Mi/; Dunlop. Perdriau, 16/4; Millaquin Sugar, 27/6; Gordon and Gotch, 30/: Electrolytic Zinc, 18/; ditto, pref.. 29/: Sulphide Corporation. 10/6: Broken Hill Proprietary, 22/: South Broken Hill, 50/3.