ON 'CHANGE.

Auckland Star, Volume LXIV, Issue 81, 6 April 1933, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES.

MORNING OPENS QUIETLY. SOUTH BRITISH STILL HIGHER. A fair amount of business was put through on the local Stock Exchange yesterday afternoon, but this morning opened quietly, and only a single sale was recorded at the first call. Government stocks were in demand. Buyers raised their offers to £97 for the 3Yz's and to £98 for the 4's, but there were none offering. The banking and insurance sections were (steady, with few changes in quotations. Buyers for Auckland Gas 6 per cent debentures raised their offers jto £103, and for the ordinary shares £1 1/3 was available. For Wellington Gas shares £1 8/0 was offered. Guarantee Co-operative shares were offered cheaper, at 5/3, and a buyer came in for Dominion Breweries at 5/. Kempthorne, Prossers were quoted ex div., with buyers at £3 0/6. The Noon Call. At the noon call Bank of New Zealands were a shade easier, and changed hands at £2 4/7, with more offering at that figure. The strength of the insurance section was evidenced in a sale of South British at £3 4/3, after which holders asked £3 4/9. A parcel of Tooth's Brewery shares was offered at £1 15/6, and Gear Meats were available at £1 9/. Hill and Plummer's shares were on offer at 10/6.

SALES COMPLETED. Last Sate. AT THE 3.1 B P.M. CALL YESTERDAY— Ak. Hos. Board, 1935, 5J p.c... £96 12 6 .. £96 12 6 , Bank N.S. Wales 29 0 0 .. 29 0 0 N.Z. Insurance.. 2 S 3 ... 28 0 Farmers' Auc. (A _ . „ pref.) 014 6 .. 014 0 Wilsons Cement 111 9 .. 111 3 Waihi 1 1 10J .. 1 2 0 1 2 0 .. 1 1 10} Mount Lyell .... 018 9 .. 018 9 AT THE 10 A.M. CALL TO-DAY— Grand Junction 0 310 .. 0 310 AT THE 13.15 P.M. CALL TO-DAY— Bank New Zealand 247 .. 249 South British .. 343 .. 339

INTEREST RATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows for the latest sales. Where Government stocks are included the calculation provides for redemption at maturity. In the case of local body issues allowance is also made for 20 per cent interest reduction: — PER CENT PER ANNUM. £ e. d. Bank of New South Wales .. 3 12 5 New Zealand Insurance .... 4 2 11 Farmers' Auctioneering (A pref.) 8 5 ® Wilsons Cement 6 6 0 Walhi 5) 1 10 Mount Lyell 2 13 4 Grand Junction 8 14 0 South British 4 4 1 Bank of New Zealand 5 12 2* 'Based on interim dividend. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) CHRISTCHURCH, this day. Sales on 'Change.—Bank of New Zealand, £2 4/7; National Insurance, 16/5; Amalgamated Wireless (con.), £1 2/6; British Tobacco, £1 13/8; Moturoa Oil. 4/; Mount:l/yell, 18/8; Big River, 1/2 (2 parcels); Blackwater, £1 2/; Freshford, 3/7 (4 parcels) ; Nokomai, 5/81, 5/8" (3 parcels). . „ „ Reported Sale.—Bank of New South Wales, £28 17/6. CHRISTCHURCH, Wednesday. Commercial Bank of Australia, 14/3 (2 parcels) ; Bank of New South Wales, £28 .17/6 (3 parcels) ; Bank of New Zealand, £2 4/7; Nationl Insurance, 16/6; Christchurch Gas (10/ paid). 12/G; New Zealand Breweries, £1 8/1; British Tobacco, £1 13/8 (2 parcels), £1 13/7; New Zealand Refrigerating (£1 paid). 10/4; ditto (10/ paid), 3/9; Wilsons Cement, £1 12/; Mount Lyell, 18/8; Big River. 1/2; King Solomon, 1/11; Lawson's Flat, 10Jd; Nokomai, -5/9 ; Okarito, 9/5 ; Freshford, 1/6J (2 parcels), 1/7 (2 parcels). Unlisted:' Bell Hooper, 7d. WELLINGTON, Wednesday. Wellington Harbour Board, 1940, 51 per! cent, £99 10/; Bank of New South Wales, £29 ; Bank of New Zealand, £ 2 4/9; Wellington Gas, £ 1 10/; Gear Meat, £ 1 7/6; Staples' Brewery, £1 2/6; Colonial Sugar, £54 7/6; Waihl, £12/ (2 parcels) ; Okarito, 9/6. , DUNEDIN, this day. Sales on 'Change.—Blackwater, £1 1/9; Big River, 1/1. Reported Sales.—Bank of New Zealand, £2 4/9 (3 parcels): Refrigerating (paid), 10/4; Freshford, 1/6. After the Ca11.—1940 4 per cent Government stock, £99 10/. DUNEDIN, Wednesday. Stock, 1946, 4 per cent (FebruaryAugust), £99 10/; Bank of New Zealand, £2 4/9; National Mortgage, £1 10/9; Waihi, £1 1/101; Kawarau, 6d; Blackwater, £12/; Nokomai, 5/8, 5/9 (3 parcels) ; Okarito, 9/6. CALX, AND DIVIDEND LIST. , * DIVIDENDS. Due. Kempthorne, Prosser—Final, 4 p.c. Now Electro. Zinc pref.—Arrears, halfyear ended December 31, 1931, 4 p.c. April 29 Imperial Chemicals—Final, ord., 31 p.c. June 1 South British—lnterim, 1/4 per share April 3 3 CALLS. Golconda—ld a share ......... April 20 AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, April 5. On the Sydney Stock Exchange to-day there was a moderate turnover and. only slight fluctuations in prices. Sales this morning included:—Commonwealth 4 per cent bonds, 1935, £102 16/3: 1911, £103 2/6; 1944, £103 12/6; 1950, £102 10/. Commercial Bank of Sydney, £15 12/G; Broken Hill Proprietary, 29/10%; Australian Glass, 47/; Burns, Philp, 50/ G. Closing sales included: — Commercial Bank of Sydney, £15 10/; Bank of New Zealand, 44/; Colonial Sugar, £55; Burns, Philp, 50/G; Associated News, 7/6; ditto, preference, 17/6; British Tobacco, 34/6; ditto, New Zealand delivery, 34/6: Australian Glass, 47/; ditto, New Zealand delivery, 47/; Goldsbrough. Mort, ' 23/; Winchcombe, Carson, 23/3; Tooth's Brewery, 35/9: , Carlton Brewery, 35/10%; Broken Hill Proprietary, 30/1%; North Broken Hill, 62/6. Commonwealth 4 per cent bonds, 1938, £103; 1941, £103 5/; 1944. £103 15/; 1950. £102 12/6; 1953, £102 15/; 1955, £102 17/6; 1957, £103 12/6; 1959, £103 17/6; 1961, £102 5/. Melbourne sales included: —Metropolitan Gas, £12 5/; Australian Glass,' 47/; "Herald" and "\yeekl.v Times," 55/6; Nestle's, preference, 32/9; Dunlop, Perdriau, preference, 32/9; Goldsbrough, Mort, 22/11,