ON 'CHANGE.

Auckland Star, Volume LXV, Issue 208, 3 September 1934, Page 4

ON 'CHANGE.

WEEK OPENS QUIETLY. GOVERNMENT STOCKS STEADY. There was a quiet opening to a new week on 'Change to-day, oniy four sales being recorded at the first call. Government stocks were steady, sales of M&'s and '55's heing put through at unchanged rates, after which buyers remained in for all lines. la the banking section Reserves seemed a shade easier, no buyers appearing. Holders were firm at £6 10/. New Zealands were Eteady between £2 7/3 and £2-776. ' Auckland Gas shares were firm at £1 5/7 to £1 6/. Kaiapoi Woollens were in demand at 1-3/3 for' the ordinary, 4/ for contributing, and £1 0/6 for the preferences. Steady at Noon. "Values were steady and the market was still quiet at noon, when only three sales were.put through. [ Offers for Auckland Gas shares were l raised a penny, and for South British: Insurances by 3d. Dunlop Rubbers were wanted 3d higher at £1, and Tooth's Breweries at £2 5/. Inquiries for Bulolo Gold scrip at £8 10' failed' to bring any response. SAIJ3S COMPLETED. AT THE Iff A.JH. CALL TO-DAY— -. - , - - - ■ Last Sale. i. s d £ 9 d X.Z. Refrig. «', 019 0 .'..0 18 9 Alexander ..;.. 014 11. .. 014 6 Stock, 1949, 4 .. 110 0 0 ..110 0 0 Stock, 1955, 4 ... 110 15. 0 .. 110 15 0 iIT THE 12.15 P.M. CALL TO-DAlf— X.Z. Refrig., con 0 Slt .. 0 9 0 Stock, 1049, 4 .. 110 o 0 ..110 0 0 . UNLISTED. Renown (deo.) . 98 10 0 .. — INTEREST HATSS. The return to the investor on his outlay, 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:— . PER CENT BER ANNUM. £ s. d. New. Zealand Refrigerating . '5 . S . 3 Stock' 4 (1949) ....... 3 5 6 -Ditto, 4 (1955) ...,...-;. 36 6