ON 'CHANGE.

Auckland Star, Volume LXV, Issue 277, 22 November 1934, Page 4

ON 'CHANGE.

MARKET STILL QUIET. GOVERNMENT STOCKS SLIP. Business on the Auckland Stock Exchange is still dull, with only a few sales going through. At this morning's call recent weakness in Government stocks was confirmed, with sales of the '4!)'s £1 5/ lower, at £ 107 15/, and of the '55's I*2/6 lower, at £112 7/6. After the sale buyers remained in at £107 10/ for the '"49 s, and at £112 5/ for the longer-dated issue. MO's wore quoted between £103 and £103 i 5/. In the mining section Wailiis continued linn, with the market between £1 19/3 and £2. Brian Boru recorded a sharp drop of sd, with a sale at 9d. Banks and insurances were in fair . demand at late rates, but buyers for Reserves dropped back to £6 11/. Values Easier. Values generally showed an easing at noon, in relation to recent quotations, but the tendency was not so obvious on a comparison with previous sales. Devonport Ferries, for instance, were steady. So were Claude Is eon (Sydney) and New Zealand Reingerating. Auckland Gas (con.), however, were down 2d, with more available at tlie newlevel, and Farmers' Trading dropped 3d, but with buyers still in at 7/. Bank of New Zealands cased a further 3d, and closed between £2 8/6 and £2 9/3. A lai'ge parcel of Dominion Breweries changed hands at an advance of 6d, after which buyers stood at 10/9. Kauri Timbers were offered 3d lower at 18/9, but buyers did not respond. There was a slightly better inquiry for Government securities, and buyers came in for the 1949 bonds at £107 10/. and for the 1955's at £112 5/. SALES COMPLETED. AT THE 3.16 P.M. CALL YESTERDAY— Last Sale. £sd £ s d Dom. Investment Olli 9 .. 017 0 Bank N.S.W. .. 32 5 0 .. 32 2 6 ltobinson Ice .. 116.. 106 Grand Junction 0 4 8.. 0 4 S AT THE 10 A.M. CALL TO-DAY— National Bank . 3 12 6 .. 311 .6 Brian Boru .... 0 0'!).. 012 Stock, 1940, 4 ... 107 15 0 .. 109 0 0 Stock, 1955, 4 .. 112 7 6 .. 110 0 0 Waitemata, 1962 6 107 0 0 .. 107 0 0 AT THE 12.15 P.M. CALL TO-DAY— Bank of N.Z. . 2 9 0 .. 2 9 3 Auck. Gas (con.) 10 0.. 102 Devon. Ferry .. 14 0.. 140 Dom. Breweries 0 110 .. 010 6 C. Neon (Syd.) . 211 5 .. 211 4 Farm. Trading . 0 7 0 .. 0 7:; N.Z. Refrig. .. 10 7.. 106 INTEREST RATES. The return to the Investor on Ills 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 m sterling exchange is added. In the case of local body issues allowance is also made fov 20 per cent interest reduction:— PER CENT PER ANNUM. £ s. (1. Dominion Investment 4 15 G Bank of New South Wales.. 3 2 0 Robinson Ice 5 11 8 Grand Junction ........... 816 6 National Bank 3 8 2 Stock, '49, 4 3 7 3 Ditto, '35, 4 • 3 6 0Waitt.'iata, '62. 6 4 7 6 Bank o." New Zealand ..... 41 7 Attflrlnni : (ins frnri.l ...... 4 2 G .

AttCKianu ms icou.,i ...... -± _ o Devonport Steam ......... 4 3 4 Claude Neon (Sydney) .... 317 0 Farmers' Trading 3 8 6 New Zealand Refrigerating . 4 17 3 CALL AND DIVIDEND LIST. DIVIDENDS. -2 Duo. Westport Coai—Final, 6d ...... Nov. 7.6 Le.vland-O'Brien—s p.c. Nov. 28 Wilsons Cement—lnt., 7Jd a sliare Nov. 28 Nat. Bank A'sia—lnt., 2J p.c. .. Nov. 28 Dalgery—Final, 2J p.c. ........ Nov. 28 Farmers' Trading'-—A and B pref., 5.? p.c. Nov. 30 E„ S. and A. Bank—Final, 2J p.c. (sterling), tux: free :... Nov. — Henry .Tones —Final, 1/ Dec. 1 Aiist. Glass—lnt.; pref., 4J p.c.; ord., 5 p.c. Dec. 1 Henry .Tones Co-op.—Final. 1/ .. Dec. 1 Bank of N.Z.—lnt., 1/ a share; D pref., 33 p.c Dec. S N. Broken Hill—l/ 6 Dec. 32 Broken Hill South—l/ 6n. share Dec. 15 Blackwater Mines —Int., 1/' (st.) Dec. 15 Consolidated Gold—lnt., 1/ (st.) Dee. 15 Mataki—lnterim, Id a share ... Dec. — Kauri Timber—3 p.c. Dec. — Bulolo—lnt., 00 cents Jan. 10 Placer —Int., 1 dol. 20 cents ... Jan. 10 CALLS. Alexander—6d a share Dec. 3 Argo a share Dee. 10 Golconda—ld a share Dec. 11