ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 290, 7 December 1932, Page 4

ON 'CHANGE.

FLUCTUATTONS IN SHARES. MORE BUSINESS DOING. GOVERNMENT ISSUES PREFERRED. Since last report there has been a slight improvement in turnover on the Auckland Stock Exchange, with a better market for some lines. Government stocks are again receiving more attention, and at this morning's call buyers for s%'s stocks advanced their offers to £97 15/, whilst there were buyers at £92 10/ for 4%'s. In the banking section New Zealands were firmer, with buyers at £2 2/6, and ! holders asking £2 3/9. A buyer came in for New South Wales at £26. Waihis continued the latest firming tendency, with a buyer offering 19/4, and a holder prepared to take Id more. Alexander Mines were asked for, with a buyer at £1 2/. Gas shares were steady, and sellers for contributing raised their limits to 15/6. j The Noon Call. There was a better tone, as far as Government issues were concerned, at the noon call. Both the September and the February issues of loan and stock, 1937, 5% per cents, firmed up to £93 for buyers, whiie sellers remained silent. There was a sale of 1936 5Ms per cent stock at £98 5/, an advance of 15/ on the last sale on the Ist. The one before that, though,, was 5/ above par. In the mining section, Okaritos now have buyers at 7/11. an advance of Id on this morning, while sellers have come forward at 8/3. Blackwater holders have reduced their demands 3d, to £1 2/9. Buyers for Bank ot New Zealand have firmed up to £2 3/, while sellers have conceded 6d, and are now at £2 3/3. Other sections are quiet. SALES COMPLETED. Last Sale. AT THE 3.15 P.M. CAUL YESTERDAY— Kir.c Solomon ... XO l! .. £0 2 5 Waihi 019 3 .. 010 3 Govt. Stock, 1930. 41 p.e 93 0 0 .. 05 5 0 Aue'k. Harb. Bd., _ 104 S. .-J p.e. ... 9S in o .. OS r, n Auek. Giis Ceont.) 013 3 .. 013 0 Northern Steam (cont.) 0 2 1.. 0 2 3 AT THE 10 A.M. CALL TO-DAY — Wilsons Cement.. 19 6.. 112 3 Govt. Stock, 1037, _ ."£• p.e 95 0 0 . ■ 07 o 0 Govt. Stock, 1041, „ „ „ . p.e. ........ 95 13 0 .. 96 2 6 Aurk. Harb. 8d... „ __ n 1945, oi p.e. ... OS 10 0 .. 08 10 0 AT THE 12.15 P.M. CALL TO-DAY— Govt. Stock, 1036, _ r , BJ p.e. OS 5 0 .. 97 10 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. d. tvailii 7 10 Govt. Stock, 4i (1939) .... 5 6 0 Auckland Gas (con.) 5 18 O Northern Steam (con.) .... lt> l» «i Auckland Harbour Board, oi (1945) e 7 Wilsons Cement. » « •Based on interim dividend. fPaid no interim dividend last half-year. SOUTHERN EXCHANGES. (By Telegraph-—Press Association.) f WELLINGTON, Tuesday. Bonds, 1039, 4J per cent (April-October), £03 10/; Now Zealand Refrigerating (con.), 3/; Blackwater, 22/6. CHRISTCHURCH, this day. Sales on 'Change—Bank of New Zealand (cum div.),. £2 2/10, £2 2/.11; New Zealand Guarantee Corporation, 4/8; New Zealand Refrigerating (£1 paid), 9/o 5 Alexander Mines (con., cum div.), £1 -2/ , Wailii Grand Junction, 3/6; Waitahu, 9d premium (2 parcels). Reported Sale. —New Zealand Government 4J per cent Inscribed stock, 1938 (late sale 6th), £92 15/. CHRISTCHURCH, Tuesday. Bank of New Zealand, £ 2 2/9; Commercial Bank of Australia (pref.). £75/; Mount Lyell, 19/11; New Zealand Refrigerating, 9/; ditto (con.), 2/11 (3 parcels). DUNEDIN, this day. Late Sale Yesterday—Government Stock, 1938, 41 per cent, £92 15/. CALL AND DIVIDEND LIST. DIVIDENDS. Due. Bank of New Zealand —Interim. ord., 1/3 a share; D Mort., 32 io Traders' Finance—Final, pref., 7 J2 North Broken'Hill--1/ per' share Dec. 14 N.Z. Breweries—lnterim. 31 p.e... Dec. 14 Devonport Steam —Interim, *> p.e. Mount Lyeil—Final,' 6d per snare Dec. 19 Alexander Mines—l/ per share.. Dec. 21 Morris Hedstrom —Interim, ord., 2 pc • Dee. ol British * Tobaccos-Quarterly, li SJ

AUSTRALIAN STOCK EXCHANGES. ' YESTERDAY'S BUSINESS. SYDNEY, December 6. The Sydney Stock Exchange was quiet to-day, the only noteworthy feature being the recovery- of Bank of New South Wales to £30 17/6. This morning's sales w « e:^ olnino /?; wealth 4 per cent bonds: 1938, £102 10/, £100 18/9; 1944, £101; 1947, £101 7/0;' 1050, £10111/3; 1953 £101 17/6; 3957, £100 11/3; 1959, £101. Broken Hill Proprietary, 25/6. . _ , Closing sales were:—Commercial Bank of Sydnev, £16 7/6; Colonial Sugar, £53; F.-iirymead Sugar, 26/6; Tooth'p Brewery, So/; Dunlop, Perdriau, 16/6; Henry Jones, 37/; Australian Glass, 43/9; North Broken Hill. 70/3. Commonwealth 4 per cent bonds were slightly firmer. Melbourne sales were:—"Herald and "Weekly Times," 55/; British Tobacco, 32/; Electrolytic Zinc, 16/10; South Broken Hill, 46/6; Norths, 71/; Mount Lyell, 22/3. AUSTRALIANS IN NEW YORK. NEW YORK, December 5. Sales of Australian Government bonds on Wall Street to-day compare with those of November 14 as follows:— Nov. 14. Dec. 5. Coramonwrnltli— Dollars. Dollars. "> p.c, Jan.-.Tnly. 1955 .. 7<\ 701 5 p.c, Mar.-Sopt. 1957 .. 70 71 4J p.c. May-Nov., 1956.. 71 05 Kew South Wales— 5 p.c, Fcb.-Auff., 1957 .. 74 68J 5 p.c, April-OcC, 1058 .. 73? 67 Queensland — 7 p.c, April-Oct., 1942 .. 93J 89 6 p.c, Feb.-Aug., 1947 .. — 74i