ON 'CHANGE.

Auckland Star, Volume LXV, Issue 9, 11 January 1934, Page 4

ON 'CHANGE.

BUSINESS IS GOOD. BREWERY SHARES IN DEMAND. Business on the Auckland Stock Exchange is being maintained at a satisfactory level, and at this morning s call a good list of sales was put through. There was a good demand in the banking section, with 17/0 available for C oinmercials and £2 8/9 for New Zealands. Insurances were steady, and Nationals improved 2d, "with a sale at 18/8. In the breweries section New Zealands were asked for at £1 13/0 and Tu:s at £2. Australian general securities attracted more attention, Anthony Horderns being added to the lines usually quoted. Buyers offered 15/3 for the ordinary shares. Government stocks were in demand at late rates, but local body debentures attracted little attention. Brokers' Busy Morning. Brokers had a busy morning, and a wide range of securities was covered in the noon sales list. Reviving interest in the timber business was evidenced by the first sale of ParkerLamb shares for a long time. Tui Breweries were sought at £2 2/6, after sales at 3/ above that figure. v SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY —

UNLISTED. I CO 0 o .. 00 0 0 INTEREST RATES. Tlie return to the investor on his outlay, based upon the latest dividends, worUs nut as follows on tlie latest sales. YV here 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 TEP. ANNUM.

•Interim dividend passed. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, tiiis day. Sales.—Westport Coal. 14/3: Kauri Timber, 15/103 ; Maerewlienua, 10£ d. WELLINGTON, Wednesday. Uaion Bank. £ 10; Burns, I'hilp, £ 2 16/5: Colonial Sugar, £(>4 5/.; Wilsons Cement, £17/; Moturoa Oil, 8/IJ. CHRISTCHURCII, this day. Sales on 'Change.—Bank of Australasia, £12 10/, £12 17/G; Commercial Bunk of Australia (cum div.l. 18/3: Goldsbrousli, Mort, £110/, £1 10/3, £1 10/4 (2 parcels) : New Zealand Breweries, £1 10/3 (2 parcels); Dunlop Kubher, £1 1/11 (- parcels) ; Bell, Hooper (Od paid), Did (2 parcels). - . Reported Sale.—Union Steamship (pref.), late sale 10th, £1 5/. CHRISTCIIURCH. Wednesday. Bank of New Zealand. £2 0/; Commercial Bank of Sydney, £17 4/; Union Steam (pref.), £1 5/; New Zealand Breweries, £1 10/; Kaiapoi Woollen (17/ paid), 9/; Dunlop Rubber, £1 1/3; Farmers' Fertiliser, 18/U; Mount Lyell, £1 3/1, £1 3/, £1 2/11; King Solomon, 3/5 (G parcels). DUN EDI N, Wednesday. Bonds, 15/1/40, 4 per cent, £102 7/6; National Bank of New Zealand, £41/; Mount Lyell, £1 2/3; Nevis Diesel, 1/2. CAI/Ej and dividend list. DIVIDENDS.

«>• ' Due. . National Bank of New Zealand — Interim, 2 p.c. in British currency, free of tax • Now r i Howard Smith—Pref., quarterly, 6 p.c. p.a Now Wiluna Gold Corporation, Ltd.— First Interim, 2/, sterling, a share of 20/ each Jan. 16 N.Z. and Kiver Plate —Final, 2 p.c., sterling (less English tax at 5/ in £1) Jan. 16 Kuala Lumpur TiD—6d a share . Jan. 20 A. P. Assurance —Year, 11 p.c. .. Jau. 30 Union Bank—lnterim, 2/ a share, sterling (tax free) Jan. — Commercial Bank—lnterim, pref., 2 p.c.; ord., 21 p.c Feb. 2

AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, January 10. On the Sydney Stock Exchange to-day conditions were much steadier than yesterday. Banks were firmer and the turnover was widespread. Values were still well above those which prevailed before the holidays. This morning's sales included:—Commonwealth 4 per cent bonds — 1938, £104 . 10/; 1941. £104 11/3; 1944, £105 11/3; 1047. £105 17/6; 1953, £107 7/6; 1955, £ID6 2/6; 1957, £107; 1059, £107; 1061, £107 10,/. Commercial Bank of Sydney, £17 8/; Bank " of New South Wales, £32 15/; Australian Gas, A shares, £7 15/; Toohey's Brewery. 27/; Tooth's Brewery, 45/0; Associated ... News, 22/1%; ditto, preference, 21/9; Broken Hill Proprietary, 43/9; Burns, Philp, 55/6; Dimlop. Perdriau, 21/G; Howard Smith, 15/; Wilcox, Mofflin, 13/9. Sales this afternoon included: —Bank of New South Wales. £33; Commercial Bank of Sydney, £17 8/; National Bank (£lO paid)', £13 7/6; Queensland National Bank, £5 12/3; South British Insurance, 58/; Australian Provincial Assurance, 11/3; Associated News, 22/; ditto, . preference, 21/9; Adelaide Steam. 26/: Howard Smith, 15/; Burns, Philp, 55/6; ditto, South Seas, 31/9: Australian Gas. A shares. £7 15/; British Tobacco. 37/6; Australian Glass, 51/; Dunlop, Perdriau. 22/1%; Goldsbroupch, Mort, 36/4%; Henrv Jones, 35/3; • Millaquin Sucar. 31/; David Jones, 38/3; Anthony Hordern, 16/1%; Standard Cement, 18/; Tooth's Brewerv, 45/9; TooV key's Brpwery. 26/9: Carlton Brewery. 44/; Dustre Hosiery.-20/10%; Bulolo Gold, £5 16/3; Mount Morgan, 61/3; ditto, six . weeks, 61/9; Sixth Broken Hill, 61/8; . Kuala Kampar Tin, 15/6. Melbourne sales included:—Commercial'! Bank of Australia, 18/5; National Bank i (£5 paid), £6 10/; ditto (£lO paid), £13 10/; "Herald" and "Weekly Times," 52/6; I ' Dunlop, Perdriau, 21/7; British Tobacco,

N.Z. Befriprrratinj; £0 10 It .. £0 10 10 Kinc Solomon ... O ?! 5 .. 0 3 3 Mount I.ycll 13 0.. 130 AT THE 10 A.r.1. CALL TO-DAV— K.. S. and A Bank £3 11 0 .. * £•" 12 fi A.T. Assurance . 0 10 10 .. 0 10 9 National Insurance 0 IS S .. 0 is p. N.Z. Insurance ... 2 IT O .. 2 IT 0 Kauri Timber 0 13 ]0J .. 0 t"i B Gillespie's Bench 0 2 0 .. o 110 Grand junction . 0 4 7.. 0 4 10 Mount Lyell .... 130., 130 Tauransja E.P. Bd., 1/4/30, 4i 100 0 0 .. — AT THE 12.15 P.IVS. CALL TO-DAY— K. S. and A. Bank £3 It 0 .. £".11 fi X.S.W. Bank S3 7 fi .. 32 < 0 Nat. Insurance .. 0 18 S .. 0 IS S Auckland Gas ... 1 4 0.. 1 4 0; I.oyland O'Brien. 10 0.. 100 Barker Larali ... 0 4 0 .. , Australian Glass . 2 10 6 .. 2,12 Oj

£ s. fl. Mount Byell jj *,» J}* E., S. and A. Bank -.14 J A. P. Assurance 1 4 " National Insurance 4 <i <> New Zealand Insurance o 10 - Kauri Timber «J - J' Grand Junction 7 8 J Taurangn Electric Tower Board (1/4/59). 41 4 7 0 Bank o£ Sew South Wales .. .. 0 <> Auckland Gas 4. 11 8 I/.-0'B. Timber ,.. ■< <J <J Australian Glass j " " Tui Breweries 4 t>, 0 Amalgamated Brick, debentutes. 1/3/44 (Auckland) < 1G 0