ON 'CHANGE.

Auckland Star, Volume LXV, Issue 68, 21 March 1934, Page 4

ON 'CHANGE.

BUSINESS STILL GOOD.

WAIHIS STEADY AT £1 16/6,

A fair list of sales lias been put through oil the Auckland Stock Exchange since last report. At this morning's call the bidding followed the recent trend. Waihis were again in keen demand, but buyers were not prepared to meet sellers at' £ 1 17/, the highest bid being 6d lcs*. With a dividend close at hand King Solomons recovered a little, with a sale at 4/1, and more wanted. In the banking section New Zealands were very steady between £2 7/10 and £2 8/3.

The demand for Farmers' Auctioneering scrip still continues, and another parcel of the B preferences was placcd at 10/. There were buyers for all lines in Government stocks, but the only olfering was a parcel of 4 per cents (1940) at £103 10/. Interest in Mining. Interest at the noon call was centred in the mining section, where six sales were finalised. The market was, however, mainly weaker. >i"aihis followed the last sale yesterday at £1 16/0, with buyers willing to give that, and holders willing to part at 3d more. Grand Junctions went at 4/10, •with buyers' at that figure, an increase of Id on this morning, and holders Id ahead. Holders of Waitahus made a big concession to sell. The figure this morning was 6/, with buyers 1/ behind. Sellers announced their willingness to take 5/3, and finally 5/, which was accepted. Buyers and sellers of New Zealand Newspapers are the same after a sale at £1 9/; namely, £18/ and £1 10/ respectively. Taranaki Oils again changed hands — after a period of quiet of a month—at a reduced figure. The February sale was 2/7. To-day's was 2/. SALES COMPLETED. RT THE 3.16 P.M. CALL YESTERDAY'— Last Sale. £sd £ s d Farmers' Auct. (R pref/> 019 0 .. 019 0 Traders' Finance (7/6 paid) 0 2 6.. — N.Z. Breweries . 2 0 0.. 2 0 0 Morris Hedstrom 016 S 016 S Mataki 0 1 0i .. 0 1 S Waihi 116 C .. 117 0 UNLISTED. Investm't Exec. ' Trust (pref.), , „ „ . ex div 1 9 2J .. 110 0 AT THE 10 A.IW. CALL TO-OAV— Farmers' Auct. (B pref.) .... 019 0 .. 019 » Devon. Steam. . 116.. 1 J ® Wilsons Cement 16 0.. 1 o <J King Solomon . 0 4 1 .. 0 4 0 Aock. H. 8., 1936, 4 100 0 O .. — AT THE 12.15 P.iVI. CALL TO-DAY— N.Z. Newspapers 1 » 0 .. 1 8 6 Taranaki Oil ... 0 2 0 .. 0 -7 "Woolworth (N.Z.) . (pref.) 0 .. 11| | Waihi 11G 6 •• Ilb J Grand Junction 0 4 w 0 410 Okarito o •! )\ ■■ }! - Waitahu 0 " J- •* i.4 7 Kuala Kampar . 014 9 - - 014 1 INTEREST RATES. The return to the investor on his outlav. based upon the latest dividends, works rut as follows on the latest sales. Where Government stocks arc included the calculation provides for. redemption at 1 i-ituritv. In the case of local body issues allowance is also made for 20 per cent, interest reduction:— PER CENT PER ANNUM. C 5" Farmers' Auct. (B prpf.) .. 5. New Zealand Breweries o 10 J> Morris, Hedstrom * Jo u Wflihl J Jo Invest. Exec. Trust (pref.) 5 9 6 Dovonport Steam 4 lrf a Wilsons: Cement 0 1 < v SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON. Tuesday. Bank of Australasia, £13 4/; Zealand Guarantee Corporation. 4/: Kaiapoi Woollen (17/ paid), 1?/C: Colonial f-vgzr, x; nt 7/6. -S 64 10/ -pi reels) : Morris, Hedstrom. 16/9; New Zealand Refrigerating (.10/. paid). 8/2: Wilsons Cement, tl 6/1: Waihl. £1 16/6 (4 parcels), £1 16/11: Mount I. yell. £1 4/3. Unofficial. —Investment Executive Trust, 2nd B (ex div.), £83. CHRISTCHURCH, this day.

Sal"s on 'Change.—so Bank of Now J'^a'nnt 1 ~£2 8/; WestnorNStockton Coul (prof.).' 3/6 ; New Zealand Breweries. £2 CJ parcels): Tooth's Brewery, £2 1-/3 (- parcels I : Dunlop Rubber, 30/3 : Addisons I"!at. 2/6 (7 pfireels) ; Brian Boru. ~1 3 3/3 £1 13/f>: Maerevrhenim. 30(3 (2 parcels): Raivang Tin (cum dlv.), 7/5 (o parceis), 7/6. 7/5; Wailii, £1 36/3Reported Sales.—3so Broken Hill Proprietary, £2 6/ (2 parcels) ; Electrolytic Zinc (ord.), late sale 20th, £3 6/9. CHRISTCHURCH, Tuesday. Bank of New South Wales. £34 5/ : Bank of New Zealand, £2 7/30 (2 parcels) £2 8/ (6 parcels): Union Bank, £30 o/O (6 parcels), £30 "»/ (5 parcels) ; New Zealand Guarantee Corporation. 4/2 : Chnstcliu-ch Gas. £3 S/9 : Kaianoi Woollen (37/ paid). 11/2 (2 parcels) ; New Zealand Breweries. £2: Tnohe.v's Brewery, £1 7/; Tooth's Brewery, £2 1/0 (2 parcels), £22/: Australian Iron and Steel (pref.), £11/3: Canterbury Meat (pref.), £5 10/: Colonial Sugar, £64 10/: Electrolytic Zinc (pref.). £1 14/: New Zealand Refrigerating (£1 paid). 17/4 (2 parcels), 17/5; (10/ paid), 8/1. 8/2; Kins Solomon, 4/1 (3 parcels): Moonlight Nelson, 1/2J ; Nokomai, 3/7; Waitahu. o/OJ. Unofficial. —National Tobacco, £3 3/; E. Reece, Limited (pref.), 1/0. DUNEDIN. Tuesday, Associated Newspapers. £'l 1/1: Australian Iron and Steel (pref.). £1 1/0; El-rtrolytic Zinc, £1 6/6; King Solomon, j 4/3 i. UNOFFICIAL STOCK. Buyers. Sellers. Auck. Freez. Co. (£3 p.i!d> — .. 17/0 Auck Freezing Co. (£5 paid) 4/0/0 .. 4/3/0 New Auck. Laundry 5/0 .. — Aui-k. Meat Co 1/5/6 .. 1/10/ C Auck. Drug Co — .. 1/5/6 Claude Neon 2/4/6 .. Mom. Laundry 13/') .. 1A»/C Glen Afton Coii'ies. 1042. 71 102/0/0 .. — Invest. Exec. Trust (pref.) 3/9/3 .. 3/30/0 Invest. Exec. Trust (A deb.) — .. 99/0/0 Invrst. Exec. Trust fB deb.) — .. 99/0/0 ' Invest. Exec. Trust (2nd B deb.) — .. 89/0/0 .Tolin Fuller. 1949. 6} . 76/0/0 .. 96/0/0 Loyal (pref.) — .. , 1/3/6 M'i Icstlc i A lick laud l, 1043. 71 I'C — .. 50/0 /0 Metters (N.Z.) ...... 2/6 .. C/O Modern Shoes — .- 8/3 Naoler Brewery .... 17/0 .. — Napier Woollen — M-'O National Tobacco .. — -• 3/4/0 NZ. luvest. Trust ifleb.) — •• 88/0/0 N.Z. I'erp. Forests . 2/9/0 .. Pro". Flaxgrowers (£25 bonds) — •• Smith Wyllie ....... U/0 .. 1-76 Southern Cross Assurance Co 1/9 •• 2/3 Southern Cross Investment and Rural Develop. Society .. S/O .. 4/0 "Sun" Newspapers .. 4/6 .. — Tlraberl'ds Wood pulp (pref.) - - *8/® Williams' Itotary .. — •• \'U Were's (5/ paid) .... — •• 4/3 Wool worth (Syd.). ord n/10/0 .. — •Skippers il' poult .. '•• r~«,. ' (fd paid) .. 0/9 .. ot fyiowy River • — • • Molyneux Gold. .... 2/8 .. —