ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 302, 21 December 1932, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES

BUSINESS IS FAIR,

Though far from brisk there is still a j fair number of sales going through on the Auckland Stock Exchange. Govern mem stocks are in good request, and at this '■ morning's call 4V4"s moved up with a sale 5/ higher, at £93 7/6. After this transaction buyers stopped in at £93, and were offering £98 10/ to £98 15/ for the 5Vs. Banks were dull, with New Zealancis wanted at £2 0/3. Waihis were a fraction easier, with sellers at 18/11. The Noon Call. At the noon call there were a fair number of changes, but they were mostly of a minor character. New Zealand and River Plate had a sale at £1 0/3, the first for a considerable period. Holders raised their reserves for Bank of New Zealand to £2 0/9. and for Waihis to 19/. Xew Zealand Breweries were asked for at £1 4/3, bringing in a seller at 1/ higher. Christmas Holidays. To-morrow's ten o'clock call will be the last of the year. The Exchange will close at noon, and will reassemble on Monday, January 9. ' SALES COMPLETED. AT THE 3.18 P.M. CALL YESTERDAY— Last Sals. Woolworths (pref.) £1 8 6 .. ft S O Waihi Grand June. 0 3 3.. 034 Aiick. Harb. Bd. 1945. r>2 p.c. ..100 0 0 .. 102 15 0 Commercial Bank _ of Australia ... 013 6 .. 0 1.. .> Union Bfknlv ...... 7 0 0.. 716 0 AT THE 10 A.M. CALL TO-DAY — Gillcspie's Beach (fid paid) 0 0 91 .. — Govt. Stock. 1038, 41 p.c: .' 93 7 6 .. 93 2 6 Govt. Stock. 1037, 5} p.c, Feb. .. 99 0 0 .. 99 0 0 AT THE 12.18 P.m. CALL TO-DAY— N.Z. and Kiver Plate 10 3.. 103 INTEREST KATES. The return to the investor on 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. «. Woolworths prefs 6 J o Waihi Grand Junction ..... 10 o J Commercial Bank of Australia 3 14 1 Union Bank • • - " 1 Auckland Harbour Board, r>3 (1945) . • 5 4 G SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Tuesday. Bonds, 1937, Si per cent (FebruaryAugurt) £89 5/; 193J, 51 per cent (Sep-tember-March), £99 5/(2 parcels) ; Stock, 1938, 4J per cent (May-November), £93. CHRISTCHURCH, Tuesday. '. Commercial Bank of Australia, 13/6; Union Bank, £7, £7 1/6; New Zealand Refrigerating (10/ paid), 3/1. DUNEDIN, Tuesday. Stock, 1937, 51 per cent (FebruaryAugust), £99; National Bank of New Zealand, '£3 5/ (2 parcels) ; Alexander, 18/6; King Solomon, 2/4. CALL AND DIVIDEND XIST, DIVIDENDS.

Due. Mount Lyell —Final, 6d per share Now Alexander Mines—l/ per share .. Ivow Morris Hedstrom—lnterim, ord., 2 p.c uec. ox British Tobacco—Quarterly, H gj Blackwat'er" Mine's—lnterim, VI _ . per share Dec - 31 Consolidated Goldflelds—6d per share n Sailors Gully—l/ a share -■•••• Dec. — National Bank (N.Z.)—lnterim, 4 p.c. p.a; • i an - 7 King Solomon—2s p;C. ... • • Jan. — Broken Hill South—lnterim, 1/ a share * eD - 10 AUSTRALIAN STOCK EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, December 20. On the Sydney Stock, Exchange to-day Commonwealth bonds recovered two to six points. Banks displayed a little more activity, but ordinary business was slack. This morning's sales were:—Commonwealth 4 per cent bonds, 1938, £101 7/6; 1941, £100 3/9; 1944, £100 17/6; 1947, £101 3/9-1950, £101 12/6; 1953, £102; 1955, £100 10/; 1957, £100 12/6; 1961, £102; Bank of New South Wales, £29 19/; Morris-Hedstrom, 18/6. This afternoon's sales were:—Bank of New South Wales, £29 19/; Commercial Bank of Sydney, £15 10/; Union BanE of Australia, £8.5/: Colonial Sugar; £52; Howard Smith, 8/9; Tooth's Brewery, 34/6; Toohey's Brewery, 20/6; Henry Jonee, 37/;. Dunlop, Perdnau, 16/4%; ditto (pref.), 32/6; Morris-Hedstrom, 18/6; Commonwealth 4 per cent bonds, 1938, £101 12/6; 1941, £101; 1944, £101 2/6; 1947, £101 3/9; 1950, £101 12/6; 1953, £102 5/; 1955, £100 15/; 1957, £101; 1959, £101 15/; 1961, £102. Melbourne sales were:—Metropolitan I Gas, £12; Goldsbrough, Mort, 24/4; "Herald" and "Weekly Times," 57/3. AUSTRALIANS IN NEW YORK. . NEW YORK, December 19. Sales of Australian Government bonds on Wall Street to-day compare with those of December 12 as follows:— Dec. 12. Dec. 19. Commonwealth— Dollars. Dollars. S p.c, Jan.-July, 1955 .. 71J 75J 5 p.c, Mar.-Sep., 1957 .. 721 76 4i p.c.', May-Nov., 1956 . 67J 70! New South Wales— ■'■ _„ 5 p.c., Feb.-Ang., 1957 ..70 73 5 p.c, April-Oct, 1958 .. 70J 73 Queensland — 7 p.c, April-Oefc, 1942 .. — 94 6 p.c.; Feb.-Aug., 1947 .. — — UNLISTED COMPANIES. NEW POLICY ADOPTED. A new policy with regard to trading in the shares of public companies not listed on the New Zealand Stock Exchanges has been adopted, by the Auckland Stock_ Exchange, and, .commencing next year, it is proposed .to issue daily an unofficial list of such shares.

This step has been made possible by an addition to the rules of the Stock Exchange Association, making the publication of an unofficial list permissible provided that the list states conspicuously that the snares listed are not quoted on the official list and that all transactions in the shares quoted are subject to.double rates of brokerage. This is the first occasion on -which the association has permitted the issue of an unofficial list, although it has long been the practice of the London Stock. Exchange. _ '