ON 'CHANGE.

Auckland Star, Volume LXIV, Issue 258, 1 November 1933, Page 4

ON 'CHANGE.

BUSINESS ERRATIC. FAIR TURNOVER RECORDED. Business on the Auckland Stock Exchange has been decidedly erratic this week. Only three sales were recorded at yesterday afternoon's call, but this morning a fair-sized list was put through. These transactions, however, have been away from the usual channels, mining and unlisted scrip figuring prominently. Bank of New Zealands continue firm, but a sale vesterday at £2 7/8 proved peak in the meantime. There was a sale this morning at 3d less, and buyers back to £2 7/. ' Goldsbrough, Morts were very firm, and buyers moved up to £1 10/ without securing supplies. Kaiapoi Woollen shares attracted attention. The ordinaries were on offer at 8/6 and the preferences at 16/3, with buyers for the latter at 15/6. In the brewery section Carltons were asked for at £2 2/6. In Government stocks there was a sale of 3Vs (39/43), after which all 3% per cent issues were neglected. Four per cents were in demand at late rates. In the unlisted section Tattersfields had their first sale in recent years, a purchaser securing a parcel at par. Bank Shares Firm. Bank shares were firm at the noon call, and holders of Commercials moved up to, 17/3, after sales at 17/. There was a penny advance in buyers' limits, and a similar advance for Bank of New Zealands, which continued active. Three issues of Government bonds were on offer. SAXES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. £ s. d. £ s. d. Bank of N.Z. w 2 7 8 .. 2 6 9 Stock, 1955, 4 .. 101 15 0 ... 101 10 O Auckland Gas .. 136.. 135 AT THE 10 A.M. CALL TO-DAY— Bank of N.Z. .. 2 7 3 _ 2 7 S N.Z. Refrig, con. 0 911 .. 0 9_ 91 Bell Kilgour ... 0 15.. 017 King Solomon . 0 3 2 .. 0 3 3 Broken Hill ... 2 0 9 Mt. Lyell 1 3 1 1 3 O Stock, 1939-43, 3} 101 0 0 ... 101 0 0 UNLISTED. Investm't Exec. Trust, B deb. . 93 0 0 .. OS 0 0 Peters IceCream 017 6 .. 017 6 Tattersfields .... 10 0.. — Were's Invest. . 046 .. 046, AT THE 12.1S P.M. CALL TO-DAY— Comm. Bank '« 0 17 0 .. 0 16 10 Bank of N.Z. « 2 7 3 .. 2 7 3 Golds. -Mort .... 110 1 „ 1.90 Bycroft 2 0 6 „ 203 N.Z. Refrig., con. (2) 0 911 ~ 0 911 Broken Hi 11...... 2 0 9 .. 2 0 9 INTEREST KATES. 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 allowance is also made for 20 per cent interest reduction: — PER CENT PER ANNUM. £ s. d. Bank of New Zealand ...... 4 4 0 Auckland Gas 4 13 9 Broken Hill Proprietary .... 5 0 0 Mount Lyell 2 3 3f Peters Ice Cream 5 14 3 Investment Executive Trust (B debentures) 7 2 10* Tattersfield's 5 0 0 Were's Investment .Trust .. 3 0 0 Commercial Bank of Aust... 2 IS 9 fPassed interim dividend. ♦Based on interim, dividend. SOUTHERN EXCHANGES. (By Telegraph.;— Press Association.) ' WELLINGTON, this day. Sales on 'Change.—New Zealand Refrigerating (con.), 9/11 (2 parcels) : Alexander Mines, 17/6; Bulolo Gold Dredge, £4 S/9; Executors' Trust, £9S. j

WELLINGTON, Tuesday. Stock, 15/6/55, 4 per cent, £101 15/; New Zealand Guarantee Corporation, 8/3 (2 parcels) ; Gear Meat, £1 11/9. CHRISTCHURCH, Tuesday. Stock, 15/6/55, 4 per cent, £ 101 7/6 ; Christchurch Trams, 1/10/34, 4$ per cent, £99 15/; Commercial Bank of Australia, 17/; Commercial Bank of Sydney, £17 15/ ; Bank of New Zealand, £2 7/, £2 7/1, £2 7/2, £2 7/4; -National Insurance, 18/9; Goldsbrough, Mort, £1 9/11, £1 10/; New Zealand Refrigerating (10/ paid), 9/9 (3 parcels), 9/10; ditto (£1 paid), 19/8; Kaiapoi Woollen (17/ paid), 8/; Monteith's Brewery, 10/; Tooth's, £2 2/6; Beath and Co., £1 8/6; Mount Lyell, £1 3/ (2 parcels); Alexander (13/G paid), 17/3 (2 parcels) ; Bell, Hooper (9d paid), IOJd (2 parcels), lOd; Golden Point, 2d; New Cornish Point (6d paid), 7Jd (4 parcels). ' DUNEDIN, Tuesday. Waitahu, 6/8 (2 parcels). CALL AITO DIVIDEND LIST. DIVIDENDS. Due. Komata Reefs —Interim, 3d a share Now British Tobacco pref.—Quarterly, 6J p.c. p.a. Now D.l.C.—Pinal, pref., 5 p.c. p.a.; ord., 2J p.c Now Waihi Gold—lnterim, 1/ a share Now Electro. Zinc—Pref. arrears to December 31, 1932, 8 p.c. p.a. Nov. 2 Sharland- and Co.—Final, ord. and pref., 2J p.c Nov. 9 Tattersfield, Ltd.—s p.c. p.a. ... Nov. 10 New Zealand Paper Mills—lnterim, 3 p.c Nov. 10 Burns, Philp—-Interim, 1/ a share Nov. 15 Bycroft's—-Interim, lid a share Nov. 15 National Bank of Australasia— Interim, 5 p.c. p.a Nov. 29 Farmers' Trading A and B pref. shares —Interim, 5 3-5 p.c. p.a. Nov. 30 National Insurance —Final, 5d a share Nov. — Mosgiel Woollen—lop.c. p.a. plus bonus, 7/6 a share Nov. — Bruce Woollen—Pref., 5 3-5 p.c. p.a.; ord., 2J p.c. p.a Nov. — Australian Glass —Interim, pref., 41 p.c.; ord., 4 p.c Dec. 1 Imperial Chemicals —Interim, 2J p.c. Dec. 1 Henry Jones Co-op.—Final, 9d per share Dec. 1 Bank of New Zealand —Interia, D pref., 32 p.c.; ord., 1/ a share . Dec. 9 Bulolo—lnterim, 60 cents (Canadian, less 5 p.c. non-resident tax) Dec. 15 Placer Development—lnterim, 1 dollar 20 cents (Canadian) ... Dec. 15 Broken Hill South—l/ a share .. Dec. 15 Mount Morgan—lnterim, 2/ a share Dec. 27 CALLS Golconda Mines—ld a share .... Now Nevis Diesel —3d per share. ..... Nov. 10 DALGETY AND COMPANY. DIVIDEND, 5 PER CENT. (By Telegraph.—Press Association.) WELLINGTON, Tuesday. The New Zealand superintendent for Dalgety and Company, Limited, lias received advice from the company's head office, London, that at the annual meet- j ing on November 23 the directors -will recommend payment of a final dividend of 2% per cent, making, with the interim dividend already paid, 5 per cent for the year ended June 30 last. The dividend will be payable on November 27. The directors propose transferring £10,000 to the stall provident fund and carrying forward £131,900. The dividend is at the same rate as . last year. In the previous year the company paid 7 per cent.