ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 226, 23 September 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS CONTINUES FAIR. There, has. been a fair inquiry on the local Stock Exchange over the last 24 hours, and a good list of sales has been put through. At this morning's call there was a slightly better demand for bank shares. Commercials steadied again after the latest rise, and were on offer at 15/. Nationals of Australasia were asked for, with buyers at £11 5/ for the fully paid shares and £5 12/6 for the contributing. New • Zealands were unaltered, with buyers at £2 7/3. A parcel of Westpoit Coal 10/ shares was available at 1279, and buyers for .New Zealand Breweries moved up to £1 9/. Wilsons Cements were again in request, with buyers at £1 12/6. Colonial Sugars continued to advance, but an offer of £47 10/ failed to bring any declaration from holders. Government stocks were unaltered. The Noon Call. There was a good demand for bank stocks at the noon call, and further sales of New Zealands showed a rise of 3d. Later bids were £2 7/4, with sellers at £2 7/9. In Commercials more business was done. at 15/, and sellers raised their prices to 15/2, with buyers at 14/10. Taupiri Coal preferences were on offer at £1 2/, but there were no buyers. Colonial Sugars wero strong at a high level, buyers offering £&, but sellers £2 above this figure. Australian Glass were sought at £1 18/, and this attracted sellers, who declared at £2. In the mining section Waihis continued active and rose to 17/, with more on offer at that price and buyers only Id below. Both buyers and sellers of Mount Lyells moved up, with a margin of 9d between them. SAXES COMPIETED. Last Sale. AT THE 3.15 P.M. CALL YESTERDAY — Commercial Bank • ' ... of Australia .. £0 15 0 .. £0 14 9 Bank New Zealand 2 7 o .. - « * N.Z. Breweries.. 1 0 6 •• j. A ii. Farmers' Fertiliser 016 G .. 0 1.5 10 Australian Glass .1 18 0 .. IIS 0 N.Z. Refrip. (cont.) 0 3 S ..0 3 10 Taranaki Oil .... 0 2 8.. 029 ™ tj * eil .1 h°e :: lit AT THE 10 A.M. CALL TO-DAY — Farmers' Trading 0 3 C .. 0 3 6 Mount Lyell 110.. 106 Govt. Stock, 1937, i• _ 5j p .c 96 5 0 .. 06 5 0 AT THE 12.15 P.M. CALL TO-DAY— Commercial Bank of Australia .". 015 0 .. 015 0 Bank New Zealand „ 7 6 073 w£ni";.:V.7.V.7 017 0 '.'. olβ 11 INTEREST BATES. 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: — ' PEJt CENT PER ANNUM. .• £ s. d. Commercial Bank 3 6 8 Bank of New Zealand 6 0 8 New Zealand Breweries .... 5 8 5 Farmers' Fertiliser 6 1 2 Australian Glass ...... 3 19 0 N.Z. Refrigerating (con.).. 13 12 8 Wilsons Cement 6 1 3 Walhi 11 15 3 Mount Lyell 4 15 3* Govt. Stock, Oi (1937) 5 10 0 *Paid no interim dividend last half-year.

SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) "WELLINGTON, Thursday. Stock. .1038, 4J per cent (May-Novem-ber), £95: Stock, 1937. 5i per cent (September-March), £99 5/; Stock, 1937, 5J per cenf (February-Augnst), £06; Commercial Bnnk of Australia. 15/: Bank nf New Zealand, £2 7/3, £2 7/6; British Tobacco, £1 0/11. £1 10/; Bnrns, Philp, £-2 3/; Electrolytic Zinc (pref.), £16/; Taranaki Oil. 2/8; Waihi, 17/6; Mount Lj-ell, £1 0/11, £1 1/3. -_ CHRISapHURCH, this day. Sales on 'Change.—Electrolytic Zinc {pref., cum div.)* £1 G/5: Paper Mills, £ 1 1/1; Wilsons Cement, £ 1 13/3. CHRISTCHUKCH, Thursday. Stock, 1937, 51 per cent (FebruaryAugust), £09 2/6; Commercial Bank of Australia, 15/ (2 parcels) ; 8., S. and A. Bank, £4 15/ (2 parcels); National Bank of New Zealand. £4 0/6, £4; Bank of New Zealand, £2 7/ (2 parcels), £2 7/3; Goldsbrough, Mort, £1 5/2; British Tobacco, £1 9/9; New Zealand Refrigerating (10/ paid). 3/8 (5 parcels) ; United Buildin?; 15/: Waihl, 17/ (2 parcels); Mount Lyell. £ 1 0/9. £ 1 0/11: Golden Point, 7d; Okarito, 8/6, 8/53, 8/5. . I . : . DUNEOIN, Thursday. Stock, 1937, r>l per cent (SeptcenberMarch), £99 5/; Bank of New Zealand, £2 7/3; Kempthorne, Prosser, £3; Waihi, 16/10; Gillespie's Beach, 2d premium, CAlli AND DIVIDEND HIST. DIVIDENDS. Due. Koiupthorne, Prosser — Interim, 3J p.c. .. Sept. 23 Milne and Choyce—Annual, pref., 6 p.c.; B pref., 7 p.c.; ord. and deb., 3 p.c Sept. 29 Bank of Australasia—lnterim, 3/ per share (less 5/ in £ British tax) Sept SO British Tobacco—Quarterly, 1J p.c. .'. Sept. 30 Dunlop' Perdriau—Final, pref. 5 p.c, ord. 3 p.c Sept. 30 Piikemiro Collieries —Final, 5 p.c Oct. 1 Electrolytic Zinc (pref.)—Halfyear, 8 p.c. per annum Oct. 27. Waihi—lnterim.- 17 a share .... Nov. 1 Imperial Chemicals—Ord., 2J p.c. Dec. 1 SYDNEY STOCK EXCHANGE. YESTERDAY'S BUSINESS. SYDNEY, September 22. On the Sydney Stock Exchange to-day business showed a distinct improvement, owing to the favourable Budget, the recovery in metal prices, the strong demand for wool .overseas, .and the rise in.wheat and cotton values. Commonwealth bonds moved still closer to par. This morning's sales were:—Commonwealth 4 per cent bonds, 1938, £100 15/; 1941. £100 17/6; 1947, £100; 1953, £99 17/0: 1961, £99 11/9; Bank of New.South Wales, £31 2/6; Australian Glass, 44/3; Colonial Sagar, £54 12/6; . Goldsbrough, Mort, 28/1%; Wilcox and Mofilin, 6/5. Sales t"his afternoon were:—Bank of New South Wales, £31 5/; prompt delivery, £31 7/6; Commercial Bank of Sydney, £17; Commercial Bank of Australia, 17/; Bank of Australasia, £11 2/6; Colonial Sugar, £54 12/6;' Mercantile Mutual Insurance, 19/3; Burns, Philp, id/-;. Howard Smith, 11/; Electrolytic Zinc, 18/6; Australian Glass, 44/3; British Tobacco. 34/; Morris, Hedstrom (New Zealand delivery), 18/3; Dunlop, Perdriau, 16/9; GoldsbrouKh; Mort, 28/4%; Berlei, 23/9; Tooth's Brewery, 34/; Toohey's Brewery; 21/3; Broken Hill Proprietary, 22/4%;" North Broken Hill. 74/9; Souths," 51/; Zinc Corporation, 31/; Commonwealth 4 per cent bonds, 1028, £100 18/9; -■19*1, £101 1/3: 1914. £101 (5/3; 1947, £100;. 1953, £99 17/6; 1957. £100 7/6; 1959, £100 17/6; 1961, £99 13/9.