ON 'CHANGE.

Auckland Star, Volume LXV, Issue 22, 26 January 1934, Page 4

ON 'CHANGE.

QUIETER TO-DAY. NATIONAL INSURANCE FIRM. Business on the Auckland Stoca. Ex change quietened clown this morning, an only three sales were recorded at the first calL In the insurance section Nationals were very firm, and changed hands at 18/8, with buyers still in at that iiguie, anc holders asking 18/10. Buyers for Taupiri Coal Preference shares advanced their ofters to £1 -/J without attracting sellers. For the ordinary shares 14/0 was available, holder being willing to transfer at 15/8. Auckland Gas shares were firm, w!th buyers at £1 4/, and no sellers. Southland Meat Company shares were again demand with buyers at £o }/■ In the mining section Waihis were steady, with buyers at £1 9/10. Buyers for Blackwaters dropped back to £1 14/6, but holders stood firm at £1 10/j. Government stocks were in keen demand at full late rates. The Noon Call. the noon call National Bank shares were asked for at four guineas with holders willing to sell at £4 8/. Moms, Hedstrom scrip was again wanted at l//b, bringing in a seller at 19/. After further business in Investment Executive lrust B debentures at £102, buyers dropped back to £101 10/, while holders raised their limits to £105. SAI/ES COMPLETED.

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 allowance is also made for 20 per cent interest reduction: — PER CENT PER ANNUM.

SOUTHERN EXCHANGES. -i • • WELLINGTON, Thursday. Sales.—Bank of New Zealand. £2 8/ ; Union Bank, £10 3/, £10 -i/6: British Tobacco, - £.1 17/71, £1 17/0; New Zealand Refrigerating (10/ paid), 9/u (2), 9/41; Alexandra (13/6 paid), la/9. Unofficial: National Tobacco, 70/. CHRISTCHURCH, this day. Sales. —Commercial Bank of Australia (cum dir.), 18/5, 18/4; New Zealand Kefrigeratlng (£1 paid, cum div._), 19/0 (10/, paid) 9/4 W;^ New . (^ aJ y i u ! • Breweries, £2 (4); Beath and Co. (1/ paid), 6/9; Mount Lyell, 2a/6, 2»/9 (2) , Big River,- lOd; Golden Point, 3d (~) , Maerewhenua, 10(1; Okarito, 9/1, 9/15 > | 0/21; WaihL 30/1 (2), 30/ (2). CHRI STCHURCH, Thursday. Sales.—New Zealand Farmers, 1945, 41, £74 2/6 (2), £75 (3); Bank of fcew Zealand, £2 8/ (2) ; Bonn and Mercantile, £59 15/ (2): Howard Smith, 15/9; New Zealand Breweries, £1 19/9, £1 19/10, £2, £2 0/1; British Tobacco, £1 17/ (2).; Dunlop Rubber, £1 1/7; Waihi, £1 10/3: Mount Lyell, £1 5/1 (2), £1 5/3; Big River, lOd ; Gillespie's Beach, 2/1 (2) ; Maerewhenua (1/ paid), 10d; Mahakipawa, 2d (2); Nokomai, 2/. Unofficial: Woolworths (Victoria), pref., 24/. DUNEDIN, this day. Sale. —WaitaHu, 6/6. DUNEDIN, Thursday, gales.—New Zealand Refrigerating (S1 paid), 19/10 (2) ; Gillespie's Beach, 2/01; Maerewhenua, IOJd ; Okarito, 9/ ; Waitahu, a/a (2), 6/6. CAIJj AND DIVIDEND LIST. * DIVIDENDS. Due. Kuala Lumpur Tin—6d a share . Now a. P. Assurance —Tear, li p.c. .. Jan. 30 Commercial Bank of Sydney— Interim, 2J p.c Jan. do Onion Bank—lnterim, 2/ a share, sterling (tax free) Jan. 31 British Tobacco —Interim, pref., quarterly, 61 p.c. p.a. (lea 3 special property tax) Jan. <51 Christchurcb Gas—3 p.c. for halfyear, making Interim dividend of 6 p.c. Jan - — Christchurcb Gas—Pinal, 3 p.c. . Peb. — i ummerclal Bank —Interim, pref., 2 p.c.; ord., 21 p.c Feb. 2 New Zealand Refrigerating — 4 p.c. and bonus 1 p.c Peb. 3 Wellington Gas—Pref., 5 p.c. p.a., ord. 8 p.c. p.a Peb. 6 Auckland Gas—Final, 2? p.c. .. Peb. C Now Zealand Insurance —Interim, . 1/ a share Feb. 14 Queensland National Bank—2 p.a Feb. 14 iiiectrolytic Zinc.—Pref., 8 p.c. p.a. for year ended Dec. 31. . Mar. 14 National Mortgage—Final, 21 p.c. Mar. —• CAULS. Bendigo Goldlight—3d a share , Feb. 5 AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, January 25. The Sydney Stock Exchange was quieter to-day, tlie chief factor being tlie Anniversary Day holiday to-morrow. } alues of many industrial issues displayed irregularity, but there was a firm undertone in all departments. J his morning's sales included:—Commonwealth 4 per ccnt bonds: 1038, £105; 1944, £106 15/; 1953, £106 5/; 1957, £107 2/6; 1901, £107 10/. Broken Hill Proprietary, 44/6; Fairymead Sugar, 34/; Henry Jones, 34/; Howard, Smith, 16/; Tooth'a Brewery, 45/3. Sales this afternoon included:-—Bank of New South Wales, £34 15/; Queensland National Bank, £6; Australian Provincial Assurance, 11/5; Associated News, 21/4%; ditto, preference, 22/1%; Howard, Smith, 16/; British Tobacco, 37/3; Tooth's Brewery, 44/6; Carlton Brewery, 45/9; General Industries, 11/0; Dunlop-Perdriau, 21/3; ditto, preference, 36/3; Goldsbrough, Mort, 35/10%; Fairymead Sugar, 34/; Electrolytic Zinc, 27/3; Lustre Hosiery, 22/; Standard Cement, 18/4%; Meggitte, -22/; Broken Hill Proprietary, 44/6; Placer Development, £18 19/; Mount Morgan, 70/9; Mount Lyell, 25/6. Commonwealth 4 per cent bonds: 1938, £104 18/9; 1011, £106; 1944. £106 15/; 1947, £107; 1950, £107 5/; 1053, £106 5/; 1955, £106 12/6; 1957, £107 2/6; 1959, £107 7/6; 1901, £107 11/3. ■ Melbourne sales included: —Bank of •Australasia, £13 5/; National Bank (£lO -paid), £13 13/; Dunlop-Perdriau, 21/7; Mount Lyell, 25/4%.

AT THli 3.15 P.M. CALL YESTERDAY — Last Salt*. Commercial Bank £0 18 6 .. £0 IS 6 Union Bank 10 2 0 .'. 10 3 0 National Mort. (A) 3 3 3 -• - J ® Kauri Timber ... 0 16 4 .. 01 0 King Solomon ... 038.. Oo» UNLISTED. Snowy Kiver »... 0 0 21 .. 0 0 4 AT THE 10 A.M. CALL TO-DAY— National Insurance 0 IS 8 .. 0 IS 7 K.Z. Refrijr 0 19 11 .. 1 C) 0 Crown Mines.... 0 - 0 .. 0 - o AT THE 12.15 P.tft. CALL TO-DAY — Ban* of N.S.VT. 34 10 O .. 34 12 C National Insurance 018 8 .. 0 18 8 Auck. Gas (cont.) 0 18 0 .. 0 17 0 Wilsons Cement.. 1 7 J .. i < o UNLISTED. lD deW .^.. ( . B 102 0 0 .. 102 . 0 0

£ s. a. Commercial Bank » ~ 13 10 Union Bank' 10 - « National Mortgage (A) .... <> Kauri Timber * i f National Insurance ......... 4 o u New Zealand Refrigerating . o 0 3 Bank of New South Wales . 2 18 u Auckland Gas (con.) 4 11 b ■Wilsons Cement u Investment Executive (B debenture) ..... i.. • 6 13 b