ON 'CHANGE.

Auckland Star, Volume LXIV, Issue 83, 8 April 1933, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. A QUIET MORNING. At a quiet call this morning the demand for Government stocks and insurances was the outstanding feature. In public issues offers of £99 for 4 per cents and £97 for 3%'s failed to produce sellers. In insurances buyers of New Zealands raised their limits to £2 8/9 without attracting holders. Following the announcement that no interim dividend on ordinary shares would be paid, Guarantee Corporation scrip eased, -with sellers at 5/ and no buyers. New Zealand Breweries were in request at £1 8/. Moturoa Oils were easier, being available at 4/3. SALES COMPLETED. Last Sale. AT THE 3.15 P.M. CALL YESTERDAY— Bank New Zealand £2 4 9 .. £2 4 9 2 5 0.. 249 Staples Breweries 12 9.. 120 Colonial Sugar .. 54 15 0 .. 54 15 0 Farmers' Trading (A pref.) 013 6 .. 012 6 Farmers' Trading (B pref.) 0 7 0.. 059 Wilsons Cement.. 112 0 .. 112 0 Kuala Kampar Tin 0 5 0.. 069 Bank N.S. Wales 29 0 0 .. 29 0 0 UNLISTED STOCK. Bell, Hooper .... 007*.. 0 07J AT THE 9.30 A.M. CALL TO-DAY— Bank New Zealand 2 410 .. 2 5 0 Cornish Point ... 0 0 2.. 003 AFTER THE CALL. City of Auckland, • 1957, 5i p.c .. 99 0 0 .. 98 10 0 Farmers' "Fertiliser 016 4.. 016 0 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. £ s. d. Bant of New Zealand 5 11 6* Staples' Brewery 4 7 11 Colonial Sugar 4 11 4 Farmers' Trading, A pref. .. 816 4 Ditto, B pref 14 0 0 Wilsons Cement 6 5 0 Bank of New South Wales.. 312 5 Farmers' Fertiliser 6 2 5 City of Auckland (1957), 54 4 10 0 •Based on .Interim dividend. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Friday. Bank of Australasia, £10 2/6; Bank of New South Wales, £29, £28 17/6; National Insurance, 16/3; Staples* Brewery, £ 1 2/9 ; Mount Lyell, 18/6. CHRISTCHURCH, this day. Sales on 'Change.—Bank of New Zealand, £25/; Goldsbrough,. Mort, £1 2/10; Colonial Sugar, £54 15/; Mount Lyell, 18/10, 18/11 (4 parcels) ; New Zealand Farmers' Co-op. 4£ per cent stock, 1940, £42; Freshf ord, 1/6. Reported Sales.—"Assented" New Zealand Government 44 per cent. 1938, stock, £98 10/; Mosgiel Woollens; £ 8 7/6. CHRISTCHURCH, Friday. Commercial Bank of Australia (pref.), £8 8/; National Bank of New Zealand, £ 3 8/6, £ 3 8/; Bank of New Zealand, £2 4/9; National Insurance, 16/6; Westport Coal,. 12/9 (2 parcels) ; Mosgiel Woollen, £8 6/6; New Zealand Breweries, £1 8/6; Staples' Brewery, £1 2/9; British Tobacco, £ 1 14/; Colonial Sugar, £54 15/; Electrolytic Zinc (pref.), £1 8/4J, £18/3 (2 parcels) ; Farmers' Fertiliser, 16/6 (2 parcels) ; New Zealand Refrigerating (£1 paid), 10/5; Mount Lyell, 18/9 (2 parcels) ; New Zealand Farmers' Co-op., 1940, 4J per cent stock, £41 10/ (2 parcels) ; Lawson's Flat, IOJU (3 parcels) ; Nokomai, 4/7J, 4/7 (2 parcels) ; Freshford, 1/64 (2 parcels). Unlisted Stocks.—Bell Hooper (6d paid), 7d, 74d (3 parcels).

. ' DUNEDIN, this day. Sales Reported.—Goldsbrough, Mort, £1 2/9; Okarito, 9/5.. -,' Reported After Call.—Okarito, 9/6.

DUNEDIN, Friday. Southland Meat (£1 paid), £2 3/3; Okarito, 9/5. CALL AND DIVIDEND LIST. > DIVIDENDS. Due. Kempthdrne, Prosser—Final, 4 p ( f Now Electro. Zinc pref.—Arrears, halfyear ended December 31, 1931, 4 April 29 Imperial Chemicals —Final, ord., 31 p.c. June 1 South British —Interim, 1/4 per „ share April 13 E., S. and A. Bank —Interim, 21 p.c. ..'.. i . May 1 CALLS. Golconda —Id a share April 20 AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, April 7. On the Sydney Stock Exchange to-day there was an active market until noon, after which it was closed in consequence of the death of a member, Mr. C. Titmus. Gilt-edged stocks, as well as classified and general company shares, moved in holders' favour. Sales this morning included: —Commonwealth 4 per cent bonds: 1938, £103 3/9; 1950, £102 7/6; 1961, £102 10/. Commercial Bank of Sydney, £15 17/6; Australian Gas, £6 18/; British Tobacco, 34/9; Colonial Sugar, £55; Burns, Philp, 50/3; Henry Jones, 38/3. At the noon call the sales included:— Bank of Australasia, New Zealand delivery, £10 12/6; Commercial, Bank of Sydney, £15 17/6; Colonial £55; Burns, ?hilp, 50/6; Associated News, 7/5; ditto, pref., 17/7%; Australian Gas, A shares, £6 18/; British Tobacco, 34/9; Tooth's Brewery, 36/; Toohey's Brewery, 20/9; Dmilop, Perdriau. pref., 32/6; Henry Jones, 38/3; Victoria Nyanza, 15/; Broken Hill Proprietary. 30/1%; North Broken Hill, 62/10%; Souths. 43/. Commonwealth 4 per cent bonds: 1938, £103 3/9; 1941, £103 12/6; 1944, £103 17/6; 1950, £102 17/6; 1953, £103; 1959, £104 2/6; 1961. £102 10/. ...... Melbourne sales included: —Commercial Biink of Australia," 14/6: "Herald" and "Weekly Times," 56/6; Dunlop, Perdriau, 17/3; Electrolytic Zinc. 15/9; Mount Lyell. 18/9; North Broken Hill, 63/6. NEW YORK CALL RATE. (Received 1.45 p.m.) NEW YORK, April 7. Call money rates closed at 1% per cent.

MUTTON HARD TO SELL CABLE FROM SMITHFIELD. THE BANK'S REPORT. The Bank of New Zealand lias received the following report from its London oflice as at the c-lose of business this week: —Wethers: The market is dull and little business doing. Ewes: r l he market is easier. Lambs: The demand and prices are steady. Wethers, light 394 dto 4Wc! per lb, heavy 3d to 3'lid; ewes, 2%d to jambs, twos 5?4d to Gd, eights 49id to sct,' fours 4%d to 4%d, seconds sV£d to Gd. ' • ■ : '