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ON 'CHANGE.

WEEK OPENS QUIETLY.

GAS SHARES SELLING

Business, ox the Auckland Stock li.x change opened quietly this morning. witl jnost values assessed at the week-ent basis. Auckland Gas shares were in domain and sold Id better at £1 0/8, after whicl the market stood at £ 1 6/7 to £ 1 6/9. In Government stock the chief feature "was the easier trend in 4 per cent fovties There were sellers at £107 10/, but n< buyers. Insurances were again very firm, witl South British in request at £4 15/. ant holders asking 2/6 higher. Claude Neoi (Sydney) had their first local sale, a pur chaser securing a parcel _at £2 2/. aftei which quotations were from £2 I/O t< £2 3/0. Mining Shares Active. Mining shares were most active in tin "business at noon. Broken .Hill Proprietary Golconda, Mataki and Mahakipawa al being in good demand. In the insurance section A.P.A.'s wen asked for at 11/4, and Xew Zealand: closed between £3 0/- and £3 10/ aftei sales. There was more inquiry for breweri scrip, buvers of Toohey's coming in a £1 8/ and of Tooth's at £1 6/!). Ofl'er: for New Zealands were fractionally lowei at £2 S/9. SALES COMPLETED. AT THE 10 A.M. CALL TO-DAY— Last Sale £ s d £ s (I Auckland Gas . 1 G S .. 16 7 Claude Neon (Syd.) 2 2 0 — o Bell, Kilffour .. O 0 ."} • • 0 0 o Mataki 0 2. 7 .. O 2 i Broken Hill Pty. 212 10 .. 2 1:2 4, Broken Hill Pty. 213 0 .. 212 10 AT THE 12.15 P.M. CALL TO-DAY— N.Z. Insurance . 3 9 6.. 3 9 G Devon. Ferry .. 14 0.. 1 4 0 I'arm. Fertiliser 019 9.. 1 0 0 Sanford 0 3 2 .. 0 J Brian Born O 1 4 .. O 1 3 Broken Hill Pty. 213 O .. 210 O Broken Hill Pty. 212 10 .. 21. 0 (inlconda 0 O 4 .. 0 0 a AT#lf nk i . 0 II i •• '' •* ' Mahakipawa ... '.0 0 10* .. 0 011 CALL AKD DIVIDEND LIST DIVIDENDS. Due. Farmers' Auct. —Ord., 4 p.e. p.a. Now Milne and Clioyce —Pref., G p.c. p.a.; B prrf., 7 p.c. p.a.: ord. and deb.. p.c. p.a Oct. .>( Northern Holler Mills —Interim, 7 p.c. p.a Oct. 1 1 Guarantee Corporation—Fin&l, 2d Oct. It \Voolwortli (N.Z.) —Int. on pref. shares. £2 14/ p.<". Oct. 1» Waibi—lnterim, 1/ a share .... Nov. J INTEREST RATES. Tlie return to the investor on his out lay, based upon the latest dividends, work: out as follows on the latest sales. Whei Government stocks are included tin calculation provides for redemption al m .turitv. Where payment is made 11 sterling exchange is added. In the case o local body issues allowance is also mad< for 20 per cent interest reduction:— PEE CENT PER ANNUM. £ s. d. Auckland Gas 4 2 6 •Claude Neon (Sydney) .... 4 15 3 Broken Hill Proprietary ... 3 15 0 D'evonport Steam 4 3 4 Farmers' Fertiliser 5 1 0 New Zealand Insurance .... 217 G BRITISH TREASURY BILE. (British Official Wireless.) RUGBY, October 6. The total amount applied for in tenders for £35.000,000 worth of Treasury bills this week was £65,250.000. The amount allotted in bills at .three months was £31,510.000. The average rate per cent was 15/9.702, as compared with 14/2.38 last week.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19341008.2.32.1

Bibliographic details

Auckland Star, Volume LXV, Issue 238, 8 October 1934, Page 4

Word Count
543

ON 'CHANGE. Auckland Star, Volume LXV, Issue 238, 8 October 1934, Page 4

ON 'CHANGE. Auckland Star, Volume LXV, Issue 238, 8 October 1934, Page 4

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