ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 262, 4 November 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS IS FAIR. There has been a slight improvement in the tone of the Auckland Stock Exchange since last report, and although completed business has not been extensive, inquiries have covered a wider range. Bank of New Zealand shares have again taken an upward turn, and after a sale this morning at £2 6/ there were still buyers at that figure, while holders had retired to £2 .6/6. An inquiry came in for National Mortgage and Agency shares at £1 15/, and River Plates were again asked for at par. Government stocks were steady at late rates. Auckland Gas 6% per cent debentures were quoted ex interest, with buyers at £37. The Noon Call. Business in the mining section was brisk at the noon call. Two parcels of Waihis changed hands at 18/ and 18/1, in that order, and another sale was reported at the latter figure; two lots of Grand Junctions were sold at 3/6, an advance of Id, while buyers and sellers for King Solomons met at 1/10. For Waihis there are still buyers at 18/, with, sellers 2d ahead. While buyers for Grand Junctions are steady, holders have advanced to 3/7. King Solomons have buyers at 1/9. Other sections are comparatively quiet. Buyers for Commercial Banks have come down to 14/3, and sellers down to 14/7. SALES COMPLETED. Last Sale. AT THE 3.16 P.M. CALL YESTERDAY— Bank New Zealand £2 5 S .. £2 5 6 2 5 9.. 2 5 8 N.Z. Refrig. (cont.) 0 3 0.. 0 2 7 Okarito 0 8 2.. 0 8 2 Mount Lyell 104.. 100 AT THE 10 A.M. CALL TO-DAY— Eank New Zealand 2 0 0 .. 2.5 9 Auck. Gas (cont.) 015 3 .. 015 2 N.Z. Breweries.. 17 0.. 1 S 3 Okarito O S 1 .. 0 8 2 Waihi Grand June. 0 3 5.. 0 3 6 AT THE 12.15 P.M. CALL TO-DAY— Auck. Gas (ord.) 116.. 114 Auck. Gas (cont.) 015 3 .. 015 3 Wilsons Cement.. 1 12 9 .. 1 11 3 Waihi (2) 0 1S (I 0 IS 0 0 IS 1 .. — Waihi Grand June. (2) 0 3 6 .. 0 3 5 Govt. Stock. 1937, 51 p.c.. Feb. ..100 5 0 ..100 5 0 King Solomon .. 0 110 .. O 1 11 INTEREST KATES. The return to the investor on _hjs 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. d. Bank of New Zealand 6 4 8 Mount Lyell 4 18 6* Auckland Gas (con.) 5 19 6y New Zealand Breweries .... 5 18 7 Waihi Grand Junction 9 10 6 Waihi 11 J 2 Wilsons Cement 6 - 1 Auckland Gas 5 11 8f Govt. Stock, 53, 1937 5 2 6 •Paid no interim dividend last half-year. fßased on interim dividend. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) CHRISTCHURCH, this day. Sales on 'Change.—Bank of New Zealand, £2 5/9; National Insurance (cum div.), 14/8 (3 parcels) ; New Zealand Refrigerating (10/ pafcl), 3/ (3 parcels) ; Golden Dawn. 0/3 (2 parcels), 5/4 (2 parcels), 5/3J (2 parcels) ; Golden Point, 5d (6 parcels) ; Waihi Grand Junction, 3/5 (5 parcels). CHRISTCHURCH, Thursday. Commercial Bank of Australia, 14/6; National Bank of Australasia (£5 paid), £5 10/; E., S. und A. Bank, £4 10/; Westport-Stoekton, 6d (2 parcels) ; New Zealand Breweries, £1 7/; Mount Lyell, £1 tt/2 (3 parcels); Nokoinai, 5/6, C/6J ; Okarito, 8/. WELLINGTON, this day. Reported Sales.—sl per cent Government Stock, 1937, September, £100 5/; Wilsons Cement (cum div.), £1 12/6. WELLINGTON, Thursday.

Bonds, f1933, 5J per cent (FebruaryAugust), £98 10/; Stock, 1937, 5J per cent (February-August). £100 5/; 1937, 5& per cent (September-March), £100 5/; Auckland Gas, £1 1/6; National Insurance, 14/: New Zealand Breweries, £1 6/11; New Zealand Paper Mills, £1 1/6; Waihi (ex div.), 18/; Okarito, 8/. DUNEDIN, this day. Sale on 'Change,—National Bank of New Zealand, £3 16/6. . Reported Sales.—Nokomai, 5/7 ; Okarito, 8/: King Solomon, 1/10 ; 1939 5i per cent Stock, £95 15/. DUNEDIN, Thursday. Stock, 1939. 4i per cent (April-October), £95 10/; Goldfen Point, sd. CALL AND DIVIDEND UST. DIVIDENDS. _ Due. Kliarland and Co. —6 p.c. lor year, ord. and pref. . ..' Waihi—lnterim, 1/ a share .... Now Colonial Sugar—Half-yearly, 20/ and bonus 5/ a share wow Bank of Adelaide—lnterim, 4 .p.c. p.a Not. 9 Dominion Pictures —Final, pref. . 7j p.c. p.a.. ord. 2J p.c. p.a. .. Nov. 10 New Zealand Paper Mills —Interim, 3 p.c. Nov. 10 Bycrofts —lid a share Nov. 12 Australian Glass —Interim, pref. ■ 4i p.c., ord. € p.c. Nov. 15 Burns Philp—lnterim, 10 p.c. p.a. Nov. lo Broken Hill Prop. —Half-year, 1/ a share Nov. 16 Wilsons Cement—lnterim, 1/ per share Nov. 28 National Bank of Australasia— Interim, 21 p.c Nov. 30 MosgleLt Woollen—Final, 4 p.c. and bonus 2 p.c Nov. — National Insurance —Final, 5d a share • • • • • Nov. Bruce Woollens —Pref., 7 p.c. .. Nov. — Donaghy's Rope—lnterim, 9d a share Nov. — Imperial Chemicals—Ord.. 2J p.c. Dec. 1 Henry Jones —Final, 1/3 per shire £ec. 1 Mosgiel £ ov " ,u National Insurance no\. IS ( STOCK EXCHANGE CONFERENCE. NEW ZEALAND ASSOCIATION. (By Telegraph.—Press Association.) WELLINGTON, Thursday. The annual conference of the metropolitan and provincial stock exchanges affiliated to the Stock Exchange Association of New Zealand was held at Wellington yesterday. Mr. C. G. Creagh, Chairman of the Auckland Stock Exchange, was elected president for the ensuing year, and Mr. E. Bueholz, chairman of the' Wellington Stock Exchange, vice-president. Most of the business dealt with the facilitation of. transactions between different stock exchanges. The association's representative on the Companies Act Commission reported that the commission had completed its revision of 'tlie present Act and that the matter was no\v:in the hands of the law draughtsman. It.'was hoped the new Act Blight be put through Parliament next session.