ON 'CHANGE.

Auckland Star, Volume LXV, Issue 129, 2 June 1934, Page 4

ON 'CHANGE.

STEADY FINISH TO WEEK

BANK OF NEW ZEALANDS IMPROVE At the last call of the week bidding was quietly firm, with a good demand for most lines. The most noticeable feature was continued firmness of Bank of New Zealuncls, which changed hands at £2 12/7, the highest figure realised in recent years. However, this proved to he peak in the meantime, as subsequent offers to sell at this price were not accepted. Li the coal section Taupiris were easier, with sellers at 13/6. Northern Steam failed to hold the full extent of the recent rise, the shares bcirg available at 7/0, with no buyers. Xcw Zealand Breweries were firm, and had buyers at £2 4/6.

INTEREST RATES. 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

SOXTTHKaW EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Friday. Bank of New Zealand, £2 12/, £2 12/ C (2 parcels) ; South British Insurance, £ 1 0/G (2 parcels); Goltlsbrough, Mort, £1 13/; Wellington Gas. £2; Kauri Timber, 16/8; Dominion Fertiliser, 17/8 (2 parcels); Farmers' Fertiliser, £1; New. Zealand Paper Mills, £1 9/6 (2 parcels); New Zealand Refrigerating (10/ paid). 8/11; Sharland and Co., £14/; King Solomon, 4/, 3/11J ; Skippers, 1/1.

CHRISTCHURCH, this daySales,—New Zealand Government 4 per cent inscribed, 1040, 41105 10/; Kaiapoi Woollens (17/ paid). 0/8; Kaiapoi Woollens (7/ paid), 0/; Anthony Hordern, 15/; Dunlop Rubber, 18/(5 (2 parcels) ; Alexander (13/6 pad)., 16/; Deep Lead (1/ paid), 2/; King Solomon, 3/S (2 parcels) ; Maerewhenua. 7£d (2 parcels) ; Mahakipawa, 7Jd; Mount Morgan, £1 3/0 (3 parcels) ; Waitahu, 4/8 (3 parcels) : Euratha (0/ paid), 13/; New Zealand Refrigerating (10/ paid), 9/ (2 parcels) ; New Zealand Breweries (cum div.), £2 4/; Waitahu, 4/9. CHRISTCHURCH, Friday. Stock, 15/2/46, 4 per cent, £106 10/; 15/0/55, 4 per cent, £108 15/; Bank of New Zealand, £2 12/0; Union Bank, £10 (4 parcels) ; Goldsbrough, Mort, £1 12/9 (2 parcels) ; Christchurch Gas, £1 12/9 (2 parcels); Kaiapoi Woollen (7/ paid), y/9 ; Anthony Hordern, 15/2; Beath and Co., CI 12/; Dunlop, Perdriau, 18/0: Farmers' Fertiliser, £1 (2 parcels), 19/11, 19/9; I New Zealand Refrigerating (£1 paid),! 19/9 (2 parcels), 19/ S. 19/7 (2 parcels);! (10/ paid), 8/10, 9/. 9/1 (3 parcels) : New . Zealand Farmers' Co-operative, 1940, 4J per cent, £81; Alexander (13/6' paid), 16/3, 17/, 17/3. 17/4 (2 parcels), 17/3, 17/ ; Brian Boru, 1/8, 1/7 (4 parcels) : Golden Point, 3Jd; Glenroy (9d paid), 9d (2 parcels) ; King Solomon. 3/11, 3/10, 3/8; Mount Morgan, 23/5, 23/0, 23/7 ; Maliafclpawa, 7£d (5 parcels) ; (pref.), 1930, 10id; Maerewhenua. 7Jd ; Nokomai, 2/T; Eawang Tin, S/7, 8/9, 8/8; Skippers, 1/1 (6 parcels). DUNEDIN, this day. Sales.—Broken Hill South (late yesterday) (cum div.), £3 12/6; Refrigerating (con.), 9/1. 9/; Auckland Gas (con.), 19/6; Golden Point, 3Jd. DUNEDIN, Friday. Bank of New Zealand, £2 12/3; (D pref.), £1 15/3; National Mortgage, £2 19/6; Kaiapoi Woollen (7/ paid), 3/6; (pref.), 19/; Broken Hill South, £3 12/0; Gillespie's Beach, 1/9J (2 parcels); Okarito, 8/42 ; Paddy's Point, 2/0. |

SALES COMPLETED. AT THE 3.15 P.m. CALL YESTERDAY— £ s d £ s d Bank nT A'sia . 11 15 0 .. 11 15 0 X.Z. Insurance . •'! .'! !> .. li 4 0 X. Ak. Farmers 0 1 10 ., — Auckland Gas . 1 (i 10 .. 16 10 Bycrofts ... 2 S 0 .. 2 8 0 N.55. Kefri:,-. ... :; 17 (i .. :; 17 0 X.Z. Newspapers 1 10 .. 1 10 o AT THE 9.-0 A.m. CALL TO-DAY— Bank of X.Z. .. - 12 7 .. 2 32 3 A. F.A 0 10 4 .. 0 10 S> a. p.A. (•_>) 0 10 :: .. oio :: Mahakipawa ... 0 0 S .. (I 0 TJ

AFTER THE CALL. Bank of A'sia .. 1135 0 .. 1115 0 Robinson Ice .. 0 19 3 .. o is 0 Waitahu 0 4 9.. 050

interest reduction: — PER CENT PER ANNUM. £ s. d. Bank of New Zealand 3 10 0 A.P.A 1 4 4 Bank of Australasia ...... 3 3 10 Auckland Gas 4 2 0 Bycroft's 4 ;j 1 New Zealand Drug 3 IS 0 New Zealand Newspapers... 3 (! 0 Robinson Ice Cream G 4 0