ON 'CHANGE.

Auckland Star, Volume LXIII, Issue 303, 22 December 1932, Page 4

ON 'CHANGE.

THiE LAST CALL. EXCHANGE ADJOURNS TO JANUARY 9. VALEDICTORY REMARKS. The Auckland Stock Exchange adjourned at noon to-day for the Christmas-New Year vacation, and will reassemble on Monday, January 9. At the morning call the secretary read fraternal greetings from a number of other Dominion Exchanges. Mr. Francis Hull, as "Father of the Exchange," was given the opportunity to say a few words. Concerning the conduct of the Exchange during the past year, Mr. Hull said members had been a very nappy family, with no disagreements of any kind. Wishing fellow-members r happy time in the coming year, he said:— "Let us hope it will be more profitable; I think we could stand it." The chairman, Mr. G. C. Creagh, associated himself with Mr. Hull's felicitous greetings. A Fair Wind-up. A few sales were recorded at the last call of the year, and although bidding was not brisk, recent quotations were generally maintained. Government stocks continued in demand, and a good-sized parcel of oV2's changed hands in the room at £99 2/6. SAI.ES completed. Last Sale. AT THE 3.1 6 P.M. CALL YESTERDAY — Govt. Stock, 1937, onA _ „ 5* P. 0.. Feb. .. £09 0 0 .. £99 0 0 ; 09 5 0.. 99 0 0 Auck. Harb. Bd. 1935, p.c. .... 95 0 0 .. — „ Bank New Zealand 206.. 20a AT THE 10 A.M. CALL TO-DAY— Auckland Gas ... 110.. 110 Australian Glass 118 0 .. 200 Govt. Bonds, 1937, 6A p.c., Feb. .. 99 2 6 .. 09 5 0 Auck. Harb. Bd., o* <1 r> 1935, 5 p.c 0 0 .. 95 0 0 INTEREST BATES. 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 PEE ANNUM. £ s. d. Govt. Stock, 51 (1937)... 5 12 6 Auckland Harbour Board, 3 (1935) 3 4 6 Bank of New Zealand 6 3 0 Auckland Gas 1* «* Australian Glass 6 11 b •Based on interim dividend. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Wednesday. Stock, 1937, 5& por cent March), £90 2/6; Bank of New Zealand, £2; Union Bank, £71/: New Zealand and Elver Plate, £1 0/3; Mount Lycll, IS/& CHEISTCHUECH, tills day. Sale on 'Change.—Bank of New Zealand, £2 0/9, £21/; Big Elver, 1/2 J ; Consolidated ccutn dir.), 9/; Nokomai, 5/9 (2 parcels); Golden Point, 3d (3 P arce ' • King Solomon (cum div.), 2/6 (2 parcels). CHKISTCHUECH, Wednesday. Stock, 1937, 54 per cent (SeptemberMarch). £99 5/; New Zealand Insurance, £2 0/6; Goldsbrough, Mort, £1 1/1; New Zealand Breweries, £1 4/8 (2 parcels); Whitcombe and Tombs (con.), £J 11/ , Big River, 1/2 (2 parcels) ; Golden Point, 3d (4 parcels) ; Mahakipawa, 3d (3 parcels). DUNEDIN, Wednesday. Bonds, 1937, 55 per cent (SeptemberMarch), £99; Stock, 1937, 5i per cent (February-August), £99, £99 0/ ; Electrolytic Zinc, 14/9; Okarlto, 8/6; Nokomai, 5/9 (2 parcels) ; Golden Point, 34d (2 parcels). CALL AND DIVIDEND LIST. DIVIDENDS. Due. Morris Hedstrom—lnterim, ord., 2 p.c« 01 British Tobacco— Quarterly, 1J gl Blackwat'er * Mines—lnterim, 1/ per share Dec - 31 Consolidated Goldfields —6d per share •••••••••••«•••••••••• Dcc. 31 Sailors Gully—l/ a share ...... Dec. — National Banlc (N.Z.)—lnterim, 4 n p.a. ' King Solomon —25 p.c. ......... Jan. — Broken Hill South—lnterim, 1/ a share Feb. 10 AUSTRALIAN STOCK EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, December 21. Operations on the Sydney Stock Exchange to-day were brighter. Prices of general industrial stocks were much firmer, while" the improvement in gilt-edges, noticeable at the beginning of the week, wai well maintained. This morning's sales were:—Commonwealth 4 per cent bonds: 1938, £101 11/3; 1941, £101 5/; 1944, £101 5/. Colonial Sugar, £52 2/6; Goldsbrough, Mort, 24/6; Tooth's Brewery, 34/9. This afternoon's sales were:—Bank of New South Wales, £30; Mercantile Mutual Insurance, 17/6; Colonial Sugar, £53 5/; Howard-Smith, 8/9; Burns, Philp, 48/; Tooth's Brewery, 34/10%; Australian Glass, 44/3; Henry Jones, 37/; Goldsbrough, Mort, 24/3; Greater J. D. Williams, 4/6. The Exchange closes for the holidays to-morrow at noon until January 5. Melbourne sales were: Dunlop-Perdriau, 16/9; ditto Cpref.), 32/9; Australian Glass (pref.), 32/3; Taranaki Oil, 2/4; Zinc Corporation, 27/6; Broken Hill Proprietary, 25/9. J LONDON STOCK EXCHANGE. LONDON, December 21. Mount Lyell, 15/; P. and 0. deferred stock, 13/9.