ON 'CHANGE.

Auckland Star, Volume LXV, Issue 173, 24 July 1934, Page 4

ON 'CHANGE.

I ONLY MODERATE BUSINESS. COMMERCIAL BANKS IMPROVE. Only moderate business has been put through on the Auckland Stock Exchange since last report. At this morning s call Commercial Banks improved, "with bujeis at 15/3 and holders asking 15/(5- 2\e\v Zealand were unaltered between £2 0/ and £2 0/9. Reserves acain changed hands at £6 0/6, with more wanted, and holders asking £6 7/. With a dividend and Tjouus in the offing, New Zealand Insurances firmed up, _ with buyers at £3 1/9 and holders 1/ higher. A parcel of Queensland? was on oiler at £3 12/ and Nationals at 19/8. New Zealand Breweries were again indemand at £2 2/3, hut there were no Bcllers. Government stocks were in request at late rates, the only offers to sell being Rural bonds at £105 and 1940s at £105 10/. Still Quiet at Noon. Only four sales, all reported, were put through at noon. There was a hardening tendency in values, including bank scrip, which was not encouraging to buyers, and generally offers remained as they were. Reserve Bank shares were in demand at six guineas after sales at the morning level, and holders were unchanged. Bank of Australasias showed no variation from their value of a fortnight ago. Offers for Commercials were raised to 15/4, and sellers moved up to 15/8. There was a closing together in Waihi Mines, and only a penny margin remained when buyers moved up to £1 12/3 and sellers came down 2d. SALES COMPLETED. AT THE 3.16 P.m. CALL YESTERDAY— Last Sale. £bd £ s d Farm. Trading . 062.. 063 Waihi 112 4 .. 112 4} UNLISTED. Metiers (N.&. ~ 0 5 0 .. — AT THE 10 A.M. CALL TO-DAY— reserve Bank .. 666 .. 666 ' rfun" News ... 0 4 3.. 0 4 3 Wilsons Cement 110 0 110 0 UNLISTED. Investm't Exec. (2nd B deb.) . 94 10 0 .. 94 10 0 l\T THE 12.15 P.M. CALL TO-DAV— Bank of A'sia . 11 12 6 .. 11 12 6 Reserve Bank . 6 6 6 — 6 t> 0 N. Ak. Farmers' _ /B pref.) ..... 0 5 0 .. 0 5 0 Consol. Brick .. 079 .. 079 INTEREST BATES. j - - The return to the investor cn 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. £ s. (1. Waihi 6 3 ». Reserve Bank 3 19 0 Wilsons Cement 3 6 8 Bank of Australasia 2 19 0 rAT.T. ATTD DIVIDEND JUST. DIVIDENDS. Due. British Tobacco—Quarterly, pref.. 61 p.c: p.a., less Federal property tax, 6 p.c » July 31 East African Coffee (pref. shares) Interim, 7 p.c. p.a July 31 Union Bank—Final, 3/ (sterling) per share (tax free-) Aug. 1 Auckland Gas—lnterim, 2J p.c. . Aug. 2 New Zealand Insurance—Final, 1/ a share, and bonus of Cd a share Aug. 7 Commercial Bank of Australia — < S. Final, pref., 2 p.c.; ord., 21 p.c. Aug. 0 Farmers' Fertiliser—Annual, . 5 - 'p.c. . - Aug. 22 Electrolytic Zinc (Australasia), Ltd.—ord., annual, 4 p.c.; pref., S p.c. p.a. Sept. 7 CALLS, Central Shotover—Final, call, 3d "" per share July £1 UNOFFICIAL STOCK. Buyers. Sellers. Assoc. Motor Petrol (pref.) — „ 19/6 Ambury's (pref.) .... ' — _ 10/0 Auck. Freez. Co. (£5 paid) 4/8/0 .. 5/0/0 Auck. Freez. Co. (£1 paid) 18/9 .. 19/3 Auck. Meat Co. .... — .. 1/11/0 Auck. Trotting Club, 1944, 6i 100/0/0 .. — Berlei 1/2/6 .. — Brunner Collieries (shares) 2/6 7/6 Claude Neon 2/9/0 .. — Dom. Laundry 15/0 . . 1/0/6 Entertainments (N.Z.) 4/0 .. — Edlin Stewart — -. 1/0/0 Harvey Oil 1/0/0 „ 1/2/0 Investm't Exec. Trust (A deb.) — .. 95/0/0 Investm't Exec. Trust (2nd B deb.) — .. 95/0/0 John Fuller, 1949, 6J 70/0/0 .. 90/0/0 Loyal (ord.) — .. 1/1/0 Loyal (pref.) ........ 1/0/0 — 1/0/3 Napier Woollen .... — .. 18/0 National Tobacco ... —' .. 3/4/6 N.Z. Pulp Mills — .. 19/6 N.Z. Perp Forests, 18/ — 2/7/0 N.Z. Ferp Forests (4/) — .. 11/0 N.Z. Perp Forests 20/ 2/9/0 .. 2/11/6 North. Co-op. Invest. 6/6 .. 8/6 N.Z. Woolpack — .. 1/0/0 Peter's Ice 16/6 .. — Red. Forests (shares) — .. 15/0 Roberts' Stabiliser .. 1/0 .. — Silk-knit 1/0/9 .. — St. Cuthbert's, 1942, 4 p.c — .. 95/0/0 Smith Wyllie — ... 11/6 Southern Cross Assurance Co 1/3 .. 2/3 South. Cross Investand Rural Develop. Society 2/6 .. 3/9 South. West. Estates 16/6 .. l/O/O Snowhite Bagwash . — .. 13/0 Timberlands Wood. . — .. 19/3 South Auck. Flax .. — .. 10/0 Waikato Carbon. ... 35/0/0 .. 60/0/0 Were's (5/ paid) .... — 4/9 Wingate (6 p.c. pref.) 1/3/6 .. — Woolworth (Syd.), ord 3/1/ C.. 3/7/6 Woolworth (Vic.), prf 1/6/3.. — Golconda Holds 1/ii•- 1/8 Saddle 0/10 .. 1/0 Snowy River 0/1 .. 0/3 LONDON EXCHANGE. (Received 11 a.m.) LONDON, July 23. Saturday closure of the London Stock Exchange has been extended throughout September. Bulolo shares, £6 10/7%.