ON 'CHANGE.

Auckland Star, Volume LXIV, Issue 109, 11 May 1933, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. BUSINESS IS FAIR. LATE VALUES MAINTAINED. A fair number of sales have been recorded on the Auckland Stock Exchange since last report, and values generally have been well maintained. In the banking section New South Wales were firm, with buyers at £29 10/, holders standing out for £30. Goldsbrough, Morts improved, and had buyers at £1 3/3, and buyers for Tooth's Breweries advanced their offers to £1 16/6. Bycroft's shares are still firm, and at this morning's call there were still buyers at £1 16/, and holders asking £2. The effect of the rise in metal prices was seen in fresh offers of £12/ for Mount Lyells, and of 6/3 for Kuala Kampar. Buyers for Northern Roller Mills preference shares raised offers to £1. Government stocks were firm, with bids for 4 per cents at £100 5/ to £100 10/, and for 3%'s at £99 10/. The Noon Call. Good business was done during the morning, and there was a list of eleven sales at the noon call. South British were firm, slightly above recent values, and further holders were asking £3 6/6, with buyers 6d lower. Auckland Gas continued to sell well , without any change in price, and there were more available. Devonport Steam had their first sale since March, and showed a rise of 1/. The value of Bank of New Zealands was fully maintained, and, after the sale, sellers moved up 2d,, making a margin of 4d in the market. The increasing firmness of Mount Lyells was again in evidence, and a 3d rise was shown since yesterday. Holders were ready to part with more at this figure, and offers were 3d lower. In Government securities interest centred on the"S% per. cent stocks, which sold for £99 15/ in all issues. There was then no further scrip, either of bonds or stocks, offering. SALES COMPLETED. Last Sale.

52, *3} p.c 90 15 0 .. — INTEREST BATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows on the latest sales. Where Government stocks are included the calculation provides for redemption at maturity. In the case of local body issues ullowance is also made for 20 per cent interest reduction:— PER CENT PER ANNUM. £ s. d. National' Bank of Australasia (con.) 4 4 0 •Wellington Gas 4 17 0 Colonial Sugar 4 11 4 Waihi » 3 IK Mount Lyell 2 4 g New Zealand Insurance .... 4 0 5 Auckland Gas 4 J® » Grand Junction To i. Auckland City 4 8 f> South British 4 <J 2 Deronport Steam •? - _<> Bank of New Zealand 4 17 10 Stock, 31 (1038-43) 3 13 0 CAIX AND DIVIDEND LIST. DIVIDENDS. Doe. Slirrland, ord. and pref.—lntflrlm, 21 p.c. ...JJ o "*,, Mosgiel Woollen —Interim,« 4 p.c. May 13 National Insurance —Interim, 4d a share ••• • • May lo New Zealand Newspapers —Final, 2J p.c. May 17 Dalgety—lnterim. 5 p.c. p.a May 17 Taupiri Coal Mines—s p.c May 18 Bycroft's—Final, lid a share .. May 10 Dental and Medical—2J p.c May 10 New Zealand Paper Mills—Final, 4 p.c May 22 Broken Hill Proprietary—lnterim, 1/ a share May -4 Bank of New South Wales —Quarterly, 5/ a share May 30 National Bank of Australasia — Final. 5 p.c. p.a May 31 Farmers' Trading—A and B prof.. 7 p.c. p.a. (less 20 p.c.) May 31 imnerial Chemicals—Final, ord., 3i p.c June 1 Wilsons Cement—Final. 1/a share June 7 Broken Hill South —1/ a share .. June 23 Bank of New Zealand—Final, ord., 5 p.c.; D Mort., 33 p.c. .. June — SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, this day. Sales on 'Change.—4 per cent Inscribed slock, 1040, £100; Bank of New Zealand, £ 2 6/. WELLINGTON, Wednesday. Bonds, 1955, 4'per cent (June-December), £100 7/0; Bonk of New Zealand, £2 6/; New Zealand Insurance, £2 9/0; Tooth's •Brewery, £1 17/ (2 parcels); Mount Lyell, £1 l/t>, £1 1/11. £12/ (5 parcels) ; Gillespie's Beach, 1/oJ ; Big River, 3/4s; Nokomai, 5/3J ; Waitahu, 5/91. CHRISTCHURCII. this day. Sales on 'Change.—Government 4 per cent Inscribed stock, 1040, £100 7/G; 4 per cent Inscribed stock, 1946, £ 100 5/; 4 per cent Inscribed stoe"{, 1949. £ 100 5/ ; Christchurch Gas, 51 per cent, 1934, £100 5/; Bunk of New Zealand (cum div.), £2 <»/ (3 parcels); Dalgety (cum div.). £7 12/ C (2 parcels); Mount Lyell, £12/ (2 parcels); Central Sliotover (6d paid). 1/1 a ( 4 parcels) ; Gillespie's Beach (Ud paid). 1/51 (2 parcels) ; Nokomai, 5/3 (2 parcels); Waitahu (4/ paid), 5/9. Reported Sales. —Commercial Bank of Australia (pref.), £8 15/; British Tobacco, £1.14/4. CHRISTCHURCH, Wednesday. Commercial Bank of Sydney, £15 12/fi; National Bank of Australasia (con.), £5 19/; Goldsbrougli, Mort, £1 3/7; New Zealand Breweries, £ 1 9/0 ; British- Tobacco, £1 14/4, £1 14/5; New Zealand Kefrigerating (10/ paid), 4/; Waihi Junction, 3/10: Mount Lyell, £1 1/9! (2 parcels), £1 2/. £1 2/1. £1 2/21, £1 2/3 (2 parcels); Central Sliotover (Od paid), 1/1 (4 parcels); Uoleouda (lid paid), 9d; Golden Point, lid (4 parcels) ; Golden Sands, 3/; Mahakipawa, ljd (2 parcels). DUNEDIN, this day. Sales on 'Change.—Central Sliotover, 1/01 and 1/. Reported Sales.—New Zealand Insurance, £ 2 10/ ; Mahakipawa, 2d. DUNEDIN. Wednesday. Waitahu, 5/11 ; Central Sliotover, 1/1 i 7 pascals) : Gillespie's Beach, 1/6 (2 parcclaV. Freshford, I>S; Big Bivei, A/&.

AT THE 3.1 S P.M. CALL YESTERDAY— Nat. Rk. of A'sia (cont.) £•"> IS 0 .. £5 IS « Wellington Gas.. 1 33 0 .. 1 10 6 Colonial Sugar .. 54 15 0 .. 55 0 0 Waihi 1 1 11 1 J •• Mount Lyell .... 121 .. 11 0 12 0.. 121 VT THE 10 A.M. CALL TO-DAY— N.Z. Insurance .. £2 9 0 .. £2 fl fj Renown Col (pref.) 0 0 0.. 000 AncKland Gas .. 13 6.. 1 .> « Grand Junction .. 0 3 11 .. 0 o 10 Auck. City, oi, 1949 99 0 0 .. — AT THE 12.15 P.M. CALL TO-DAY— South British ... 3 6 6 .. |6 0 Auckland Gas ... 13 6.. 1 3 6 Devonport Steam O 19 c? .. 0 IS 6 Bank New Zealand 2 6 0 .. 2 6 0 Waihl Grand June. 0 3 11 0 3 11 Mount Lyell 123.. 12. 0 Ins. Stock, 193S, „ „ 1 ■ 43, 3i p.c OS 15 0 .. 99 15 0 Ins. Stock. 1938, _ 52, 3J p.c. 99 lo 0 .. 99 lo 0 Ins. Stock. 193943, 34 p.c 99 lo 0 .. — Ins. Stock. 1939-