ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 238, 7 October 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. RATHER MORE BUSINESS. BANK OF NEW ZEALAND STEADY. On the Auckland Stock Exchange business has been rather better over the last 24 hours, and a fair list o£ sales has been put through. Bank of New Zealands seem to have steadied after the recent drop, and following fresh business at £2 6/ there were still buyers at that figure at this morning's call. Nationals of New Zealand were offered 1/ lower at £4. The late easing in South British Insurances was confirmed with a sale at £2 16/, a decline of 1/. Colonial Sugars steadied up again, and holders are asking £4S 10/. Government stocks are firm, and there were buyers tor the 4 1 /j's at £93, and for the s%'s at £99 10/. The Noon Call. Quotations more or less held their own at the noon call. One sale took place m the room, two others being reported. In one or two eases, however, buyers and holders seem agreeable to co-operate. Sellers of Bank of New Zealands are willing to quit at £2 G/3, a fall of 9d on this morning. Following a sale of Colonial Sugars at £48 5/, buyers will give £4S, a rise of 5/ on the 10 a.m. call. Waihis have buyers at 17/2, and sellers X 7/4—that is a concession of Id on either side. Government stock and bonds are steady, as are debenture issues.

SALES COMPLETED. Last Sale. AT THE 3.15 P.M. CALL YESTERDAY — Bank N.S. Wales £28 5 0 .. £2S 0 0 Auckland Gas ..1 1 b •• 1 J ° British Tobacco.. 131 *> •• A i iyi. jl Colonial Sugar .. 4S o 0 .. 47 li 0 N.Z. Breweries _ (deb.) 10 0., 1 0 o AT THE 10 A.IVI. CALL TO-DAY— Bank New Zealand 2.6 0 .. 2 6 0 South British ... 21« 0 -.. 237 0 Taupiri Coal .... 013 b .. 014 0 Central P. 8., „ _ n 1957, p.c. 9o 0 0 .. 95 0 0 Devonport 8.C., 1937, 41 p.c. 91 0 0 .. — AT THE 12.15 P.M. CALL TO-DAY— Waihi 01" 15 • • 017 3 Colonial Sugar .. 4S 5 0 .. 47 17 0 Govt Bonds, 1935, _ „ 4j p.c 95 5 0 .. 9o 2 6 INTEREST RATES. The return to the investor cn his outlav, 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. d. Bank of New South Wales.. 310 9 Auckland Gas ■> 11 7 British Tobacco ■ 3 lb 10 Colonial Sugar ;? ,5 ■ ? N.Z. Breweries (debs.-) 5 ? 1 Bank of New Zealand 6 4 7 South British 4 lo o Taupiri Coal L° J Central Power Board 5 8 J> Devonport Borough Council 6 0 0 Yjr n ihi 11 11 11 Colonial Sugar 5 3 8 Govt. Bonds, 45 (1938).... 5 3 6 •Based on interim dividend. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Thursday. Bank of Australasia, £9 18/; Bank of New Zealand, £26/; Waihi, 17/3; Mount Lyell, £1 1/4 (2 parcels), £1 1/5. CHRISTCHURCH, this day. Sales oft 'Change.—New Zealand Refrigerating (10/ paid), 3/9 (2 parcels); Tooth's Brewery, £1 11/3; Electrolytic Zinc (ord.), 16/6, 16/7; Mount Lyell, £1 1/6; Golden Point, 7Jd ; Okarito, 8/< ; Waihi (cum div.), 17/3. CHRISTCHURCH, Thursday. Bonds, 1937, 53 per cent (SeptemberMarch), £99 12/6; 1939, 41 per cent (April-October), £95 o/ ; Stock, 1933. per cent (February-August), £99; Com- . mercial Bank of Sydney, £15; Bank of New Zealand, £2 6/ (3 parcels): Dalgety and Co., £ 8 14/ ; New Zealand Breweries, £1 8/6: British Tobacco, £1 11/3 (2 parcels) ; Electrolytic Zinc, 16/3; Wilsons Cement, £1 13/6; Golden Dawn, 4/10. DUNEDIN, this day. Sale on 'Change.—New Zealand Breweries, £ 1 9/. DUNEDIN, Thursday. Stock, 1938, 4§ per cent. (MUy-Novem-ber), £95; Stock, 1937, 5£ per cent (August), £99 7/6- (3 parcels); Standard Insurance, £2 10/; Gillespie's Beach, 2Jd premium (2 parcels).