ON 'CHANGE.

Auckland Star, Issue 154, 2 July 1934, Page 4

ON 'CHANGE.

WEEK OPENS QUIETLY.

SOME GAINS MAINTAINED,

Business opened quietly on the Auckland Stock Exchange to-day, last "w eck s closing values being generally reinstated. Among banking shares Commercials were still dull between 15/9 and 16/1, and New Zealands showed a margin of 9d, with buyers at £2 8/, and sellers up 3d, at £2 8/9. The D Mortgage scrip maintained its recent improvement, being quoted at £1 14/1 and £1 14/3. Insurance shares were indifferent, and ■best buyers of Nationals remained at 19/, 6d below holders. No offers were made for New Zealands. • The interest in Taupiri Coals was indicated by an advance in the bidding to make tlie range 13/9 to 14/0. P. and O. deferred stock showed a gain of 9d in value since a fortnight ago, and more were" wanted at the new price, with holders asking 1/ more. Timaru Ale recorded their first local transaction for a considerable time, and made a substantial rise. Increasing strength among fertiliser scrip was evidenced by the higher price paid for Dominions in their first Auckland sale for six months. i Tanners' Trading were firm, more being wanted at 5/3, while holders stood at a penny higher. In the mining section oners of 14/ tor Talismans failed to bring any response. 'Kins Solomons seemed steadier, v ltli tlie range between 3/5 and 3/8. ' Government securities showed signs of being more plentiful, and the margin between buyers ami sellers was narrowed to 10/ or less for three of tlie 4 per cent bond issues following sellers concessions. . Auckland Harbour Board debentures were again freely quoted by holders. Little Activity at Noon. Only three sales "were recorded at noon, and the bidding showed few changes in values. Sellers of Commercial Banks reduced their limits a penny, and buyers of iNew Zealand Banks moved up 3d. Offers were also advanced a penny for the D Mortgage 5 Offers for P. and 0. scrip dropped back 6d, and holders withdrew from tlie market. Bycroft's were still in demand at £2 7/6, after a transfer at recent values. Northern Roller Mills have attracted more attention, and latest buyers moved up to £1 14/, while sellers are 4/ above. Holders of Talisman Dubbo shares came in at 15/6, this being the only interesting feature of the mining section. A drop of 2/6 since last week was recorded in Government stock.

SAI.ES COMPLETED. AT THE 10 A.M. CALL TO-DAY— Last Sale. £sd £ s d iio.. i_. 3 K™«uuv,v: io ; ois | Farm. Trading . 0 o .> .. 0 o 3 Grand Junction 0 4-.. 0 4 UNLISTED. . ■ Golconda Holds. 0 17.. 017 AT THE 12.15 P.M. CALL TO-DAY— ;:sUS . INTEREST KATES. J. - ' - The .return to the investor on his outlay, based upon the latest dividends, workb but as follows on the latest sales. Where Government stocks are included the calculation provides Tor redemption at maturity. In the case of local body issues allowance is also made for 20 per cent interest reduction:

PER CENT PEIt ANNUM. £ s. d. Farmers' Trading 4 11 5 Grand Junction jf « " Dominion Fertiliser i -i t Bycroft ••••'••: 4 3 4 Government stock, 1940, 4 3 5 10 Ditto, 1955, 4 p.c 3 7 6 SYDNEY STOCK EXCHANGE. SYDNEY, June 30. Sales on the Sydney Stock Exchange to-dav included: —Common weal tli 4 per cent bonds: 1938, £104 11/3; 1950, £110; 1953, £110 17/6; 1957, £109 17/6. Australian Gas (A shares), £7 18/0; 'looheys Brewery, 26/10%; Tooth's Brewery, 43/6; Anthony Hordern, 15/; Associated News (pref.), 23/1%; British Tobacco (ex dividend), 36/9; Goldsbrough, Mort, 30/6. C, J. GREEN'S MONTHLY REPORT. C J. Green, Ltd., stock and sharebroker, Bank of New Zealand Chambers, Swanson Street, Auckland, reports the following sales for the month ending June 30: — Miscellaneous Shares. —Auckland Gas, 26/7; Auckland Farmers' Freezing, 17/9, 18/, iB/3 (2); Bank of New Zealand, 51/9, 52/, 52/3, 52/4; Dominion Fertiliser, 18/3; Farmers' Trading (ord.), 5/1; odd lots, 4/10; "B" pref., 11/9, 12/6 (2); 1< armors Co-op. Auctioneering (ord.) (£5 P® 1 ' 1 ); £4 1/, £4, £3 19/6; odd lots, from 10/ to £3 15/; "B" pref., 21/3, 21/; A •oref., 21/9. 21/3; ordinary, (£2 paid), 3 parcels, 16/; Harvie Oil Turbine, 20/, 20/6, 21/; (10/ paid), 10/, 10/6; Loyal, Ltd., (pref.), 20/; odd lot, 19/; New Auckland Laundry 11/, (2) 11/6; New Zealand Farmers Fertiliser, 20/ 20/3 20/6; N.Z. Perpetual Forests (ex div.) (2), 46/; odd lot, 45/; New Zealand Woolpack and lextiles, 18/, 18/3, 18/; (3) 17/9, 18/; National Tobacco, 64/; Northern Steam (con.), 1/2%: New Zealand Refrigerating (con.), 9/2; Pukeiniro Collieries, 25/6; Reserve Bank (future delivery), £6 2/, £6 4/, ±6 5/; Smith Wylie (Aust.), 12/6, 12/, 11/. 10/6; Snow-white Bngwash Laundry, 11/b (2); Union Bank of Australia, £9 1(5/; Taupiri Coal, 13/6; Woolworths (Aust.), ord. £5 10/, £5 11/; 2nd 7 percentpref 28/3, 28/6; 10 per cent Ist pref., 40/, 42/, 40/6, 40/; Building Society shares, 28. Government Securities. —4 per cent, due 15/1/40 (3), £105 10/; bonds, 4 per cent, duo 1/6/55 (ex interest), £106 15/. Debentures— Takapuna Borough, 5% per cent, due 1/3/56, £97_10/; Booth, Macdonald, 6% per cent, £71, £72; Amalgamated Brick (Wellington), £95. Bonds. —N;Z. Perpetual Forest, 17; Timberlands Woodpulp, 14. Gold Mining Shares.—New Zealand Crown Mines, 2/1Q; Alexander Mines, 15/3. 15/6, 15/3, 16/9, 17/, 16/11, 17/3, 17/1, 16/10, 16/, 15/, 14/6, 14/5, 14/8, 14/10; Skippers, 1/1, 1/1%, 1/, ll%d, lid, lOd, 9%d, 9d; Golden Point, 4d, 3d, 2%d; Brian Boru, 1/8, 1/9, 1/8%, 1/8, 1/7, 1/7%, 1/6%, 1/8, (17) 1/7%; Mataki, 2/2, 2/3, 2/3%, (5) 2/3, 2/2%, 2/3; Mataki debentures (odd lots), 20/ to 22/; Mahakipawa (ord.), 9%d, 10d, Hd, ll%d, 1/, lid, 10%dr (pref.), 1/; Big River. 1/I,_l/0%; Goldfields Dredging, 10d,. 10% d; King Solomon, 4/1, 4/2, 4/3, 4/4, '4/3%, 4/2, 3/11, 3/10, 3/9, 3/6, 3/5; Maerewhenua, 9d; Okarito, 7/6; Golconda (10d paid), 3V4d; Glenroy (9d paid), 10% d; Mining House Concessions, sd; Talisman Dubbo, 12/9; Wailii Grand Junction (ex div.), 4/2, (2) 4/3; Mount Lyell, 21/3.