ON 'CHANGE.
MODERATE BUSINESS.
BLACKWATERS STILL HIGHER
Bidding at this morning's call was steady, with a generally firm tone. The chief feature was continued firmness in Blackwater Mines. A sale at £1 10/ was reported, after which buyers went to £ 1 10/3 without securing requirements, holders moving up to £1 11/. The scrip of the Associated Company Consolidated Golds also appreciated in sympathy, and buyers raised their limits to 13/10, holders asking 15/. Banks showed little change, but New Zealands seemed a shade easier, and after a reported sale at £2 9/9 the best offer was £'2 9/6. Holders of New Zealand Insurances were still asking £2 13/. Colonial Sugars steadied after the recent rise, and were available at £58 12/0. SALES COMPLETED. Last. Sals. AT THE 3.15 P.M. CALL YESTERDAY— Standard Insurance £?> 0 0 .. £2 12 0 Huddnrt, Parker. 110 0 .. 110 3 I'ukeuiiro Collieries 1 "0 .. 1 2 0 Gear Meat 1 12 O .. 1 12 .S Golden Dawn ... 0 2 6 .. O 2 6 Grand Junction . 0 3 i .. 0 3 8 King Solomon ... 0 2 0} .. 0 - 1 AT THE 9.30 A.M. CALL TO-DAY— Hank of N.Z. ... £2 9 ft .. £2 0 11 N.Z. Refrlg. (cont.) O < O .. 0 0 11} P. lack water 110 O .. 1 .) 0 Golden Dawn ... 0 2 6 .. 0 2 0 0 2 3 .. 0 2 0 INTEREST RATES. The return to trie 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: — I'ER CENT PER ANNUM. £ s. d. Standard Insurance 4 3 4 Pukeralro Collieries (5 1 9* ITuddart. Parker 3 5 7 Gear Meat 1 15 6* Grand Junction 9 0 0 T?an'.; of New Zealand 4 10 5 ♦Interim dividend passed. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, t'jis day. Sales Reported.—Mount Lyell, £1 1/10; New Zealand Breweries, £1 14/. WELLINGTON. Friday. National Bank of New Zealand, £45/; Waihi, £1 4/3, £1 4/4. CHRISTCHURCH, this day. Sale on 'Change.—Big River Gold Mines, 3/0. DUNEDIN, tills day. Sale on 'Change.—Boll, Kilgour, 1/1. Sales Late Yesterday.—Bank of New Zealand, £ 2 10/: Bell. Hooper, IOJd. Sale After Call.—Kaltangata Coal, £1 3/. DUNEDIN, Friday. Bank of New Zealand, £2 10/. CALL AND DIVIDEND LIST.
DIVIDENDS. Due. Dominion Investment and Banking—A, B and C shares, 4i p.c. p.a. Now New Zealand Insurance—Pinal. 1/ a share Aug. 13 Wellington Woollen—Final, 2J p.c Aug. 17 Bank of New South Wales— Quarterly. 5 p.c. p.a Aug. 30 Farmer*' Fertiliser, 5 p.c. ..... Sept. UO Broken Hill South, 1/ a sl.are . Sept.-'2 Standard : Insurance—Final, 1/3 a share . Sept. — Okarito—l/ a share Sept. — AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS: SYDNEY, August 11. Trading and industrial shares found a firm market on the Sydney Stock Exchange to-day, but Commonwealth bonds remained dull.
This morning's sales included:—Commonwealth 4 per cent bonds, 1938, £103 2/6; 1953, £103 17/6; 1957, £104 5/; 1961, £105. Commercial Bank of Sydney, £18; Australian Gas, A Bhares, £7 6/; Associated News, 8/5; ditto, preference, 19/; Broken Hill Proprietary, 37/9; Colonial Sugar, £59 10/; Goldsbrough, Mort, 26/9; Henry Jones, 38/6.
Sales this afternoon included:—Commercial Bank of Sydney, £18; Commercial Bank of Australia, 16/6; Bank of New South Wales, £33 12/6; Australian Gas, A shares, £7 7/; Adelaide Steam, 23/9; Associated News, 8/4: Broken Hill Proprietary, 37/9; Broken Hill South, 68/; British Tobacco, 35/; Dunlop, Perdriau, IS/4%; Electrolytic Zinc, 22/3; Goldsbrough, Mort, 2G/10 1 ,4; Henry Jones. 38/6; Morris, Hedstrom, 18/9; Wilcox, Mofflin, 8/2; Tooth's Brewery, 38/7%; New Guinea Ololdfielcls, 7/3; Monnt Morgan, 38/0; Dulolo Gold, 85/9; Bnlolo Daposits, 2/IOVz. Commonwealth 4 per cent bonds. ■ 1938, £103 3/9: 1941, £103 8/9; 1344 and 1947, £101 5/: 1953, £103 16/3; 1957, £104 2/6; 1959, £104 12/6.
Melbourne sales included:—Commercial Hank of Australia, 16/5; National Bank. £13 3/; Broken Hill Proprietary, 37/9; laranakx Oil. 2/8.
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Bibliographic details
Auckland Star, Volume LXIV, Issue 189, 12 August 1933, Page 4
Word Count
657ON 'CHANGE. Auckland Star, Volume LXIV, Issue 189, 12 August 1933, Page 4
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