ON 'CHANGE.

Auckland Star, Volume LXV, Issue 204, 29 August 1934, Page 4

ON 'CHANGE.

BREWERY SHARES EASY. COLONIAL SUGARS FIRM. Business on the Auckland Stock Exchange keeps up well. At this morning's call there was free bidding for a wide range of securities. New Zealand Breweries failed to hold the full extent of the recent sharp advance, and a sale was put through at £2 7/6, after which the market stood at £2 7/3 and £2 8/. Reserve Banks also cased a little, with quotations between i'G .0/ and £0 9/9. New Zealands had buyers at £2 7/ and sellers Od higher. In Government stocks there was a slight easing in the '40- issue. A sale was made 2/0 lower, at £10S. after \vhich holders stood at £108 26, and buyers stopped at £107.15/. Insurances were steady and firm. A parcel of, was available at. £3 12/6. • ' ,', Recent firmness in Colonial Sugars was confirmed with a sale at £C 6 5/, a rise of , £1 15/ this month. In the unlisted section Woohvorths (Sydney) "made a slight recovery with a sale at £3 9/. Advance, in Values. ; Values advanced at several points in the noon turnover of business, and the market showed a healthy tone. Standard .Insurance, following the recent publication of the annual accounts, have been firm, and changed hands at 1/9 above last sales. Auckland Gas continued their improvement, and- were active at a penny higher, at which more w-ere available. Buyers remained in-at-£l 5/5. Northern Steam gained 3d, ,and later sellers carrie in • at 1/9 after buyers had quoted 1/5. Consolidated Brick made a further small rise, and closed between 0/7 and 10/0. Gear Meat rose sharply with a transaction at 2/ above their previous value, and latest buyers offered £1 5/6, with sellers at £1 7/. Goldsbrough, Morts were in demand at £1 11/2, and holders stood firm at £1 12/. Margins : were narrowed in the mining section, and only a halfpenny separated brokers for Goldfields Dredging and Mataki shares.

SAT.ES COMPLETED. AT THE 3.1 B P.M. CALL YESTERDAY Last Bale. fart fed Com. Bank 015 10 .. 015 9 N.Z. Insurance . .'! 2 3 3 2 0 South British . 4 2 0.. 429 Ooleemda Hold. . 0 175.. 0 1 7J Broken Hill .... 2 S 11 .. 2 811 Stock. 1932, 3} .109 0 0 .. 10S 17 6 Consol. Brick .. 0 0 7} ~ 0 8-6 UNLISTED. Woolworth (Syd) 3 8 0.. 386 AT THE 10 A.M. CALL TO-DAY— Aiick. Gas (con.) 018 0 .. 018 9 ' N.Z. Breweries . 2 7 « .. 2 8 3 Colonial Susar .615 5 O .. 65 10 0 Wilsons Cement 1 10 0 .. 1 10 0 Mataki 0 2 3 ..0-2 2i Bonds, 1947, 5 .. 104 0 0 ..103 0 0 Slock, 1940 108 0 0 ..108 2 6 UNLISTED. Wool worth (Syd) 3 0 0.. .386 (IT THE 12.15 P.IH. CALL TO-DAV— Standard Ins. .3 7 0 -- 3 5 3; Auck. Gas (2) .. 1 5 C .. 15 5. Northern Steam. (cont.) 0 1 6 ■-.. 0 13 Consol... Brick .099 .. 0 9 7J Gear Meat ....-.-~1-(5 6. .. 1 4.6Mt. -Lyell ....... 1 0. 3 .".. 10 4, Stock-,'1040, 4 ; .. 108 0- 0 ..108 0 0' Stock, 1940, 4 (2) 107 5 0 .. 10< 5 0 Takapupa ' B.C:, ■ 1&64, 5} ...... 105 15 0 .. —

:■ INTEREST BATES. The return-to the investor on his < but? lay, based, upon the latest dividends, works out as follows on the latest sales. When Government.'stocks are included -the calculation =..provides, for redemption at maturity. Where payment is made in sterling exchange is added. In the case of local body issues allowance is also made for 20 per cent interest reduction: — .' PEE CENT PER ANNUM. - ;-■■ ■ £ s. a. Commercial .Bank 3 3 2 New Zealand. Insurance 3 4 3 South British .... '&' 3 4 5 ' Broken Hill Proprietary ...■"" ,4 1 9 Auckland Gas (con.) 4 8 0 New Zealand Breweries 2 19 0 Colonial Sugar 3 lu. 6 Wilsons Cement 3 6 8 Standard Insurance 3 14 C Auckland Gas 4 6 3 Gear Meat .2 16 6 CALL AND DIVIDEND X.IST. DIVIDENDS. Due. Bank of New South Wales—Quar- . terly, C p.c . Now Kawnng Tin—3d a share (sterling) ..: ... ' Aug. 30 Gillespie's Beach—ld per share.. Auk. 81 C. l>. Innes— Pref., 4 p.c. p.a. .. Aug. 31 Elfctrolytic Zinc (Australasia), Ltd.—Ord., annual, 4 p.c; pref., 8 p.c. c.a Sept. 7 Broken Hill—lnterim. 1/6 a share Sept. 15 Standard Insurance —Final, 1/3 per share Sept. 3 Huddart-Parker—Ord., 3 p.c.; pref.; 3 p.c. Sept. 13 King Solomon—Fifth, 3d a «hare Sept. 15 Broken Hill South—lnterim, 1/6 a share Sept. 15 Bank of Australasia—lnterim, 3/6 (sterling), less tax 4/6 in £ Sept. 28 North Broken Hill--Final, 1/0; bonus, 1 / a el,are Sept. 28 Milburn Lime —Final, 5 p.c Sept. — CALLS. Northern Roller Mills—3rd call, ;0/ a-share r.... Sept. 8