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ON 'CHANGE.

BUSINESS LIVENS UP.

BANK OF NEW ZEALAND FIRM

Business on the Auckland Stock Exchange brightened up perceptibly yesterday afternoon, and a big list of sales was put through at the 3.15 p.m. call, while another fair-sized list was added this morning. Sales have covered a wide range, with late values generally fully maintained. In the banking section New Zealands continued firm, and alter business at £2 S/0 the market this morning was steady between £2 S/0 and £2 8/8. Insurances were strongly held, and offers of £4 12/ for South British and £3 7/0 for New Zealand failed to bring business. Government stocks were, again in keen request at late rates, with holders standing off. Forty-sixes were available at £109 5/ and 40 - s at£loS 10/. Dukemiro Collieries were quoted ex dividend, with buyers at £1. Values Steady at Noon. Values were steady, with moderate trading at noon. Bank of New Zealands held their slight rise, and closed between £2 8/4 and £2 8/9. Pukemiros were quoted 3d lower at £1 2/3, after buyers had advanced their limits by Od. Holders of Devonport Ferries came in at £1 6/ and of Gear Meat at £1 8/. SALES COMPLETED. AT THE 3.10 P.lVl. CALL YESTERDAY— Last Sale. £ s d £ s (1 Batik N.S.W. .. 32 12 C .. 32 17 6 Bank of N.Z. .. 2 8 4 .. 2 8 3 N.Z. Insurance . 3 S 0 .. 3 S 0 Auckland Gas . 1 0 S .. 1 6 S Kauri 010 9 .. 010 9 Bell Kilgour .. 0 0 2.. 002 Goleonda 0 0 5.. 00 61 Kins: Solomon . 0 3 0.. 039 Walhl 114 0 .. 114 O Grand Junction . 0 4 11 .. 0 4 3 Tauranga,'s9, 4J 106 00.. — Doners, 1010, 4 .. 10S 17 6 .. 108 10 0 Bonds, 1849, 4 .. 11l 5 0 ..111 2 6 Farm. Auc. (£1) Oil 0 .. 012 0 Consul. Brick .. 010 10 .. 010 9 Gillespie's Beach 0 1 9 .. 0 1 9 UNLISTED. Eldorado 10 0.. 126 AT THE 10 A.M. CALL TO-DAY— Batik of N.Z. ... 2 S 6 .. 2 8 4 Bank of N.Z. (D Mort.) 114 6 .. 114 6 Trad. Finance (cont.) 0 210 .. 0 2 0. Nat. Timber ... 014 3 .. 014 C Hays, Ltd. (15/) 10 0.. — . Waihi 114 0 .. 1 14 0 A «f :.?.!!* 0 0 ...104 0 0 AT THE 12.15 P.m. CALL TO-DAY— Bank of N.Z. . 2 86.. 2 8 6 Farm Co-op Apf 12 0.. M N.Z. Refrlg., con O 0 » ... O 0 0 Bell Kilgour ... 0 0 2.. 0 0Golconda 0 0 o .. O O o Golden Dawn .022.. O - J. A T f TAalekT'. *■' 104 0 0 .: 104 0 0 INTEREST RATES. " The return to the investor on his outlay, based upon the latest dividends, works ■out tit 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 ot local body issues allowance is also made for 2p per cent interest reduction:— PER CENT PER ANNUM. £ s. d. Bank of New South Wales.. 3 1 3 Bank of New Zealand , A i New Zealand Insurance - is * Auckland Gas 4 2 G Kauri ' 2 10 8 Waihi ........ 7 S 4 Grand Junction 10 0 0 Tauranga, '59, 4J ......... 4 0 0 Farmcrs' Auct. (£l).. '50 Bonds, 4, '40 3 3 0 j Ditto. 4. '40 3 2 6 i National-Timber-......v.., 4 4 0

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19340928.2.36

Bibliographic details

Auckland Star, Volume LXV, Issue 230, 28 September 1934, Page 4

Word Count
570

ON 'CHANGE. Auckland Star, Volume LXV, Issue 230, 28 September 1934, Page 4

ON 'CHANGE. Auckland Star, Volume LXV, Issue 230, 28 September 1934, Page 4