ON 'CHANGE.

Auckland Star, Volume LXV, Issue 45, 22 February 1934, Page 4

ON 'CHANGE.

BUSINESS ONLY FAIR. SALES SLOW DOWN. Aiter a. fairly busy spell business on the Auckland Stock Exchange eased off yesterday afternoon, this being followed by a quiet opening this morning. 11 allies, however, showed few notable changes. At this morning's call recent slight easing in the insurance section was continued in a sale of South British 1/ lower, at £3 15/. Nationals •were on offer at 13/8, and New Zealands at £2 17/3. 11l the timber section Leyland, O'Briens were in request at £1 1/, but there were no sellers, and Kauri, l ; were asked for at 16/0. Dominion Fertilisers were in demand at 16/, and a parcel was offered at 18/. Australian Glass shares were again on the market with a seller at £2 11/6. Farmers' Trading ordinary shares failed to maintain the full extent of the recent rise and were on ofer at 5/, but the B preferences, with a sale at 11/, showed an advance of 9d. Insurance Shares Active. Insurance shares are active at the noon call, but both New Zealands and South British were easier, confirming the t;ndcncy in the morning. There were also more of South British available at the lower figure. The price paid for Government 4 per ccnt bonds, 19-10, indicated a rise. SALES COMPLETED. AT THE 3.16 P.M. CALL YESTERDAY'— Last Sale. £8d £ s d Union Bank ... 10 6 0 .. 10 5 0 South British .. . 315 0 .. 316 0 Farm. Trading . 0 411 .. 0 5 0 Bell Kilgour ... 000 .. 009 UNLISTED. I-oyal (pref.) ... 13 6.. 0 IS 0 Investru't Exec. Trust (B deb.) 101 10 0 .. 102 0 0 AT THE 10 A.M. CALL TO-DAY— E.S.A. Bank ... 3 15 0 .. 5 17 0 A.P.A 0 11 0 .. 0 11 0 Farm. Trading (B pref.) 011 0 .. 010 3 Taranaki Oil ... 0 2 0.. 024 AT THE 12.15 P.M. CALL TO-DAY— A.P.A Oil 0 .. Oil 0 N.Z. Insurance . 2 10 6 .. 2 17 3 South British .3 14 G .. 3 15 0 Bonds, 1940, 4.. 102 0 0 . 101 10 0 UNLISTED. Investm't Esec. (B deb) 101 15 0 .. 10. 10 0 Investm't Esec. (2nd B deb.) . . SS 10 0 .. 89 O 0 INTEREST RATES. The return to the investor on his outlav, 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. \ Union Bank 2 8 0 Soutli British «j 11 !>' E.. S. and A. Bank 2 1- - A.P.A -; - J i Farmers' Trading (B pref.). < - <• Bonds. 4 (15/1/40) 3 14 0 New Zealand Insurance .... 3 10 J SOUTHERN EXCHANGES. (By. Telegraph.—Press Association.) *•••• WELLINGTON, this day.

Sales. —New Zealand Breweries, 4.1 19/6 (2 parcels); Waihi. £1 10/3; Bank of New South Wales (cum div.), £34: Mosgiel Woollen. £10; Jfew Zealand I'apermills, £ 1 10/\VEI,LINGTON, Wednesday. Union Bank, £10 6/; New Zealand Guarantee Corporation, 3/11 (2 parcels) ; Auckland Gas, £1 4/3; Wilsons Cement, £16/0; King Solomon, 4/10; Okarito, 9/8' (2 parcels) ; Nevis Diesel, 1/. CHRISTCHURCH, Wednesday. Union Bank, £10 6/6 (2 parcels), £10 7/; National Insurance, 18/7 ; Dalgety and Co., £10 8/; Goldsbrough, Mort, £1 13/ (2 parcels) ; New Zealand Guarantee Corporation, 3/10, 3/11 (3 parcels) ; Mosgiel Woollen, £10: Staples' Brewery, £1 7/3; Beath and Co., £1 10/6; Dunlop, Perdriau, 19/3 (2 parcels), 19/4; Milburn 1 ime, £1 12/; New Zealand Refrigerating (10/ paid), 8/6, 8/5; Consolidated Gold, IS/C: Mount Lyell, £1 4/10, £1 4/9 (2 parcels) ; Bell, Hooper (1/ paid), 10Jd, lOd; Brian Boru, £1 6/1; Freshford. 2d; Golden Sands, 3/; Okarito, 9/9 ; Upper fcliotover (9d paid), 2/. DUNEDIN, this day. Sale Reported.—Staples' Brewery, £1 7/. DUNEDIN, Wednesday. National Bank of New Zealand, £4 5/; Union Bank, £10 6/6; Union Steam (pref.), £1 5/6; Dunlop, Perdriau, 19/6; Gillespie's Beach, 2/2; Nevis Diesel, l/oi. CALL AND DIVIDEND LIST. DIVIDENDS. Due. North Broken Hill—l/ 6 a share Feb. 27 Bank of New South Wales— Quarterly, 0/ a share Feb. 28 Kuala Kampar—3d a share .... Mar. 1 National Mortgage—Final, 2J p.c. Mar. 1 Standard Insurance — Interim, 1/3 a share Mar. 5 Huddart, Parker—Final, pref., 3 p.c.; ord., 2J p.c Mar. 10 Electrolytic Zinc. —Pref., 8 p.c. p.a. for year ended Dec. 31. . Alar. 14 Broken Hill South—l/ 6 a share Mar. 16 "CALLS. Northern Roller Mills —5/ a share on new ord. stares .... Mar. 8 AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, February 21. On the Sydney Stock Exchange to-day Government stocks were easier, but investment stocks were in demand. This morning's sales included:—Commonwealth 4 per cent bonds: 1947 and 1950, £106; 1961, £107. Bank of New South Wales, £34 5/; Tooth's Brewery, 44/9; Anthony Hordern, 15/9; Associated News, preference, 22/9; British Tobacco, 37/9; Broken Hill Proprietary, 46/9; Colonial Sugar, £64; Dunlop, Perdriau, 19/3; Wilcox, Mofflin, 12/6. Sales this afternoon included:—Commonwealth 4 per cont bonds: 1938, £104 7/6, £104 6/3 and and £104 5/; 1941, £101 10/: 1944, £105 7/6; 1947, £105 15/ and £106; 1950. £106; 1953, £106, £106 2/6 and £103 3/9: 1959. £106 17/6. Bank of New South Wales. £34 5/; Union Bank, £10 10/: Colonial Sugar, £64; Associated News. 22/9: Australian Gas, A shares, £7 1.9/: Broken Hill Proprietary, 46/9; Burns, Philp, 54/6; Dunlop, Perdriau, 19/6; Goldsbrough, Mort, 33/1%; Winchconibe, Carson, 30/3; Mount Morgan. 80/3, 80/6 and 80/9, six weeks, 81/; New Guinea Goldfields, 7/6. Melbourne sales included:—Dunlop. Perdriau, 19/4 and 19/5; Broken Hill Proprietary, 47/; "Herald" and "Weekly Times," 52/; Goldsbrough. Mort, 33/3.