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ON 'CHANGE.

BUSINESS BRIGHTENS UP. ALL CLASSES SELLING. Over tlie last 24 hours business on the Auckland Stock Exchange has livened up considerably, and a big list of sales covering many classes of securities has been recorded. "Values generally have been well maintained, although recent weakness in the banking section was exemplified in a sale of National Banks at £3 10/9, a drop of 3/3 since August. Amongst industrials a notable advance was made by Wilsons Cement, which sold 1/6 higher, at £1 14/, touching a new rccord since the scrip was marked down to 10/. The Noon Call. At the noon call sellers of Commercial Bank preference shares at £10 2/6 dropped out, with buyers still in at £9 10/0. Insurances were in brisk demand, and sellers of Nationals at £12/ declined to stay in. There were still buyers at £1 1/3. Standards were quoted between £3 9/ and £3 12/6. Recent strength of Australians was confirmed in a sale of Burns. Philp at £2 17/7%, a rise of 2/7%, with buyers left in at £2 17/, and no sellers. In the mining section Goleondas and Matakis were active. The former had sales at Sd and SVid, and more wanted at the higher figure, while Matakis were quoted from 2/8 to 2/9. In Government stocks forties steadied after the recent decline, and had buyers at £105. SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. fsA £ s a National Bank . S 10 9 .. I! 14 O South British . 4 13 0 .. 4 13 3 AucKinnO Gas . 16 0.. I__ (! 0 Tooth's Brew. . 210 3.. 2 5 0 Grand Junction 0 4 4.. 0 4 Jit. Lyell OIS 0 .. OIS 6 Jit. Morgan ... IIS 0 .. ISO Stock. 1040. 4 .. 104 17 G .. 104 17 6 Ak. H. 8., '48, 4} 105 10 O .. — AT THE 10 A.m. CALL TO-DAY— Com. Bank, prf 10 0 0 .. 918 0 Pukemiro Col. . 106.. 130 Auckland Gas . 16 0.. 1 6 0 Tooth's Brew. . 210 6 .. 210 3 "Wilsons Cement 114 0 .. 11- » Gillespie's J 1 8 .. not Golconda 0 0 8 .. 0 0 S Golconda Holds. 0 10 .. 0 19 Jlahakipawa ... 0 0 104 ■ • 0 O 101 Mataki 0 2 S .. 0 1 it Okarito 0 8 G .. 0 0 0 R. Bonds, 1947, 5 103 5 0 .. 30210 0 Stock, 1940, 4 .. 10-> 0 0 .. 104 17 6 Stock, 1955, 4.. 11j i 6 ..113 < 6 UNLISTED. Silknit 113 6 .. 111 0 Alluvial Holds. . 0 - 0 - o AT THE 12.16 P.M. CALL TO-DAY— National Bank . 310 0 .. 010 9 Kauri*(2) 1 |» ' » g Ko 8 p 010 11 :: 010 6 Taranaki Oil .. 0 1 •• 0 0 S Golconda 0 0 8 .. Golconda 0 0 Si " ° INTEREST BATES. The return to the Investor on his outlav 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 focal body issues allowance is also made For 20 per cent interest reduction. PER.CENT PER ANNUM. £ s. dNational Bank 3 10 0 South British r •> q Auckland Gas 1 - £ Tooth's Brewery £ < o Grand Junction J 1" " Jlount Lyell * Commercial Bank (pref.) .. 4 o u Pukemiro Collieries - J JJ Wilsons Cement q I n ' Stock, 4, 1940 3 4 ° KaUri r- 1 " J*. Burns, Philp 3 J 0 CALL AND DIVIDEND LIST. DIVIDENDS. Due. South British—Final, 1/4 a share Oct. 25 Amalg. Wireless—Final, 6 p.c. .. Oct. 29 Bank of Adelaide —Int., 4.p.c. p.a. Oct 31 Waihi—lnt., 1/ a share Nov. 1 Tattersfield —6 p.c Nov. 1 o Bruce Woollen —Ord., 3 p.c.; pre£, 5 3-5 p.c Nov. — AUSTRALIAN EXCHANGES. SYDNEY, October 17. Investment business on the Sydney Stock Exchange to-day was transacted at or about the recently advanced rates. This morning' 6 sales included:—Commonwealth 4 per cent bonds, 1944, £108; 1957, £112 10/. Anthony Hordcrn, 15/9; Associated News, 25/10%; Australian Glass, 51/6; British Tobacco, 41/6; Broken Hill Proprietary, 53/; Dunlop Perdriau, 20/1%; Goldsbrough, Mort, 31/9; Meggitts, 21/6. Later sales included: —Bank of New South Wales, £33; National Bank (£5 paid), £6 6/6; Associated News, 25/9; Adelaide Steam, 29/; Howard Smith, 16/3; Berlei, 33/6; British Tobacco, 41/6; Tooth's Brewery, 50/9; John McGrath, 33/6; Goodyear, pref., 33/; Lustre Hosiery, 24/10%: Anthony tHordern, 15/9; Standard Cement, 20/1%; Victoria Nyanza Sugar, 8/; Australian Glass, 51/6; Dunlop Perdriau, 20/; Goldsbrough, Mort, 31/9; Winchcombe, Carson, 29/9: Henry Jones, 35/6; Fairvmead Sugar, 41/9; Mt. Morgan, 36/7%; Bulolo Gold, £9 5/; Bulolo Deposits, 9%d; Euratha Gold, 10/2. Melbourne sales included:—British Tobacco, 41'4%; Australian Glass, 51/9: Australian ' Iron and Steel, pref., 23/10; Mt. Lyell, 18/9.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19341018.2.13.1

Bibliographic details

Auckland Star, Volume LXV, Issue 247, 18 October 1934, Page 4

Word Count
776

ON 'CHANGE. Auckland Star, Volume LXV, Issue 247, 18 October 1934, Page 4

ON 'CHANGE. Auckland Star, Volume LXV, Issue 247, 18 October 1934, Page 4

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