ON 'CHANGE.

Auckland Star, Volume LXIV, Issue 238, 9 October 1933, Page 4

ON 'CHANGE.

GOOD START FOR WEEK.

VALUES WELL MAINTAINED

Late values held firm at the first call of the week, and Half a dozen sales were finalised before members dispersed. In the banking section New Zealands were firm, and after sales at £2 8/ holders stood out for 3d more. Dominion Investment and Banking shares were on offer, witu reserve raised to 19/6. Amongst miscellaneous scrip Sharlands came in , for attention, with buyers for the ordinary at £12/ and for the preferences at £12/0. Alexander . Mines were easier, with sellers, of the 13/6 shares at 17/6, and buyers stopping at 13/6. Kins Solomons were in demand at 3/3 and Waihis at £1 6/3. In fixed term securities offers of loeal body debentures were fairly free, and Wanganui Harbour Boards changed hands at £OS. Buyers for Auckland Gas 6's raised their offers to £104. Government stocks wore in keen demand, with values firm at late rates. Bank Shares Firm. There, was further business in Commercial Bank and Bank of Xew Zealands (hiring the morning, and values recorded at the noon call showed general firmness. Auckland Gas also fully maintained their recent level. SALES COMPLETED. AT THE 10 A.M. CALL TO-DAY— Last Sale. Commercial OIR 10 .. 016 10 Bank of X.Z. (2) 2 S 0 .. 2 711 Westport Coal . 013 2 .. 012 fl Kildare ........ 0 2 F. .. 0 £ SJ "Wansanni H.B. 1D42. 5* ...... OS 0 0 .. — Renown." . Coll. . . (ord.) i.. , 0 16.. 020 AT THE H2.15 P.M. CALL TO-DAY— Bank A'sia 12 17 0 .. 13 0 0 Com. Bank F2) .. olβ 11 .. O lfi lrt Bank of N.Z. .. 2 S O .. 2.8 <> Auckland Gas . 1 3 71 .. 1 S 7j Paddy's Point . 0 5 4.. 0 r> 2 Bell Kiljrour ... O 3 S .. O 1 SI lit. Lvell ...:.. 1 i li .. 1 4-4 INTEREST RATES. The return to the investor on his outlay, based upon the latest dividends, works mit 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'— PEE CENT PER ANNUM. £ R. d. Commercial Bank 2 19 1 Bank of New Zealand 4 13 0 Westport Coal 3 15 9 Bank of Australasia 2 14 (» Auckland Gas 4'13 8 Mount- Lyell 2 1 6 ♦Interim dividend passed. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, this day. Rales on 'Change:—4 per cent bonds, £ 101; New Zealand Insurance, £ 2 15/. Sale Reported.—Komata Reefs, 5/. CHRISTCHURCH, this day. Sales on 'Change.—Commercial Bank, 17/ (2 parcels) ', Commercial Bank of Sydnpy. £18 8/; New Zealand Guarantee Corporation (cum div.l. 8/; Xew Zealand Refrigerating (£1 paid), 10/6; Dunlop Rubber. 18/7. 18/S; Alexander Mines (1.V6 paid),,ls/11; Lawson's Flat, 7Jd; Okarito, 10/9.. DTJNEDIN, this day. Sales on 'Change.—Commercial Bank, 17/; Bell, Hooper, lid.

ACTIVE IN LONDON. . SPURRED ON BY OUTLOOK. • ■ (Received 12.30 p.m.) LONDON, October 7. The stock markets are active, with interest centred on iron, coal, steel and home rails, as a result of the encouraging trade outlook. OFFICIAL XIST. (All transactions in this list subject to double rates of brokerage.) Buyers. Sellers. Anck. Farmers' Freezing Co — .. 16/6 Auckland I<aun<rry .. 1/6 .. — ISrunner Collieries, 1938,8 60/0/O .- — Brunner Collieries, shares 1/6 .- — Claude Neon 1/15/0 .. — Dominion Laundry .. 12/0 .. 1/0/6 Gis. Sheepfarmer3 (freezing) 2/0 .. — Gis. Slieepfariners (mere.) 0/3 .. — Hellaby's Pref.. 6 .. 10/9 .. — Harvey Oil Turbine . — — 15/0 Invest. Exec, (pref.) 1/4/0 .. — Invest. Exec. (B deb.) 00/0/0 .. — Majestic Theatre (det>.), lf*43, 7* — .. 75/0/0 Modern Shoes I/O .. — N.A.T. Motors — .- 13/0 National Tobacco ... 3/3/0 .. • — National Tobacco (pref.) — .. 1/10/0 N.Z. Perp. Forests.. 2/6/6 .. 2/8/6 N. 55. Perp. Forests (4/) 8/0 .. 15/0 Oamaru Wool — .. 15/0 Roberts' Stabiliser .. — .. 14/0 ■■ Smith Wyllie — .. 14/0 Southern Cross Assurance Co 1/6 .. — Southern Cross Investment and Rural I Development Society 3/0.. 6/0 "Run" Newspapers... 3/0 .. — Timherlands (ord.) .. 10/0 .. 1/10/0 Timberlands (pref.).. — .. 1/3/0 WerCs (.V paid) — .. 5/0 Maerewhenua 0/95.. 0/11J Golden Crown 0/5 .. — Moonlight. Xelson .. 0/10 .. 1/3 Mahara Reefs — .. 7/6 Skippers 0/1 .. — Goldfields Dredge ... — .. VSnnwy River 0/4 .. 0/5 Talisman Dubbo .... 4/0 .. —