ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 288, 5 December 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

WEEK OPENS QUIETLY,

A fresh week opened tamely with the Auckland Stock Exchange, and at this morning's call the only sale recorded was one of Wailii Grand Junction held over from .Saturday. Buyers came in again for Insurances, but at reduced limits. For New Zealands £2 was the best offer, £2 12/6 for South British and £'2 4/ for Queenslands. In Government stocks a holder reduced his reserve to £93 10/ for 4Vz's, bringing in a buyer at £02 10/. Five and a half's were unchanged. In the mining section Blackwaters were in demand at £ 1 2/ and Waihis at 18/7. Taupiri Coals were easier, with sellers at 11/9. Bank of New Zealand shares were steady, and had buyers at £2 2/ and sellers at £23/. The Noon Call.

The tone at the noon call was still quiet, though there were two sales in the room. The Bank of New Zealand has buyers at £2 2/3, the price of the sale to-day, with sellers £2 2/6. Buyers for Waihis hardened slightly, from 18/7 to 18/8. Holders remain at 18/9. In the debenture issue, bidders for Auckland City, 1940. 5% per cents rose 30/, from £97 to £98 10/. Sellers came forward at £99 10/. SALES COMPLETED. Last Sale. AT THE 10 A.m. CALL TO-DAY— Waihi Grand June. £0 3 6 .. £0 3 6 AT THE 12.15 P.M. CALL TO-DAY— Bank N<vw Zealand 2 2 3.. 249 N.Z. Refrig.(cont.) 0 2 9.. 029 SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) DUNEDIN, this day. Sales on 'Change.—Waitahu. 4d, Cd premium. Sales Reported.—Golden Point, 2Jd. CHE.ISTCHURCH, this day. Bales on 'Change. —Government 4J per cent Bonds, 1938, £93 10/; 5 J per cent Inscribed. 1933, £100; New Zealand Refrigerating (10/ paid), 2/10, 3/, 3/1; Golden Point, 2d.

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. d. Waal Grand Junction 9 10 6 Bank of New Zealand 5 18 4 N.Z. Kcfrig. (con.) 18 3 7 CAI.Ii AND DIVIDEND IIST. DIVIDENDS. Doe. Bank of New Zealand —Interim, ord., 1/3 a share; D Mort., 33 pc ~..........»•••••«••• Dec lu Traders' Finance—Final, pref., 7 pc pa Dec. 12 North Broken Hlll--1/ per share Dec. 14 NZ. Breweries —Interim. 3J p.c... Dec. 14 Devonport Steam—lnterim, 5 p.c . pa Dec. 14 Mount Lyell—Final, 63 per snare Dec. 19 Alexander Mines —1/ per share.. , Dec. Jl Morris Hedstroin —Interim, ord., 2 p.c •• ■ Dec - S1 British Tobacco —Quarterly, 1J P C- m ••• Dec. 31