ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 46, 23 February 1935, Page 4

ON 'CHANGE.

HOLIDAY TO-DAY.

To-day, being People's Day at the Agricultural Show, was observed as a holiday on the Auckland Stock Exchange. SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. £ s el £ s (1 Com. Bank .... OK! 4 .. 01U 3 Auckland Gas . 1 7 6 .. 1 < Nat. Timber .. 015 O .. 0 !•■> O IJuniop 018 S .. 018 0 Grand Junction . O 4.0 .. 0 4 9 Mataki 0 2 0 .. 0 2 0 SOUTHERN EXCHANGES. GOOD CLOSE FOR WEEK. (By Telegraph. —Special to "Star." ) CHRISTCHURCH, this day. A good volume of business was recorded at this morning's call, and there was a movement towards recovery in price le\els. The banking section was quiet, New Zealand Mortgage scrip selling at yesterday's rates, and the market closing between £1 11/8 and £1 11/11. New Zealand ordinary shares were wanted at £2 9/. New Zealand Breweries were steady at £2 10/, the market closing 3d on either side. Tooth s lost 9d._ compared with last dealings, and closed with buyers at £2 7/ and sellers Sd higher. • British Tobacco looked fractionally easier, and were on offer at £1 17/9. but buyers were only 3d lower. Rawang Tin, in the mining section, were quoted ex dividend or 3d sterling and lost 4d, compared with last business, representing a drop of just over a penny after allowing for the dividend payment. (By Telegraph.-—Pre»s Association.) WELLINGTON, Friday. Stock, 15/1/40, 4 per cent, £102 10/. WELLINGTON, "this day. Sale. —Big Kiver, 2/3. CHRISTCHUKCH, Friday. Reserve Bank, £6 10/ (3 parcels), £C 10/6; Australian Provincial Assurance, 10/6; Goldsbrough, Mort, £1 8/v, £1 8/» (2 parcels) ; Woolwortlis (N./.). £.! Vlexantler. 17/6 ; Big Kiver, 2/— » Brian Boru, 3Jd; Maori Gully, 1/4, 1/3 (2 parcels) ; Nevis Diesel, 2£d. Unofficial. —Macetown, 1/2; Woolworths (Sydney), £1 12/G 12 parcels). CHRISTCHUIICH, this' clay. Sales on 'Change.—Bank of New Zealand ("D" Mort. shares), £1 11/9; Australian Provincial Assurance, 10/0; New Guarantee Corporation, 0/; Touth &i Brewcry. £2 7/3; Dunlop. Perdriau Rubber, 18/6 (2 parcels) ; Rawang Tin (ex div.), 7/6. Reported Sales.—New Zealand Breweries (late sale 22nd), £ 2 10/; Skippers, 6d ; Bank of New Zealand ("D" Mortgage), x.l 11^11 * DUNEDIN, Friday. Bonds, 15/4/49, 4 per cent, £ 10S; 15/6/05, 4 per cent, £109 12/6; Dominion Fertiliser, £1 1/7 (2 parcels) ; New Zealand Refrigerating (10/ paid), 0/1, 9/I*. DUNEDIN, this day. Sale.—Okarito, S/.

AUSTRALIAN EXCHANGES,

YESTERDAY'S BUSINESS

SYDNEY, February 22,

On the Sydney Stock .'Exchange the tone of the market showed .further improvement. Values did not harden with the rapidity recorded yesterday, but many of the principal industrial shares registered gains. This morning's sales included:—Commonwealth bonds: 3% per cent, 1942, £103 13/9: 4 per cent, 1938, £104 11/3; 1941, £105 13/9; 1953, £107 10/; 1961, £109. Commercial Bank of Sydney, £16 5/; Bank of New South Wales, £30 '2/6; Toohey s Brewery, 28/; T.ooth's Brewery, 48/; Associated News, 22/3; ditto (preference), 22/9; Colonial Sugar,' £41 5/; Dunlop, I'erdi'iau, 18/7%; James Stedman, 16/; Lustre Hosiery, 27/9; ditto (preference), 28/6. Later sales included: —Colonial Sugar, £41; Bank of New South Wales, £30: Commercial Bank of Sydney, £16 5/; South British Insurance, 96/; Associated News, 22/4%; .ditto (preference), 23/: Burns, Philp, 62/; British Tobacco, 38/3; Tooth's Brewery, 47/9; Tooliey's Brewery, 28/4%; Dunlop, Perdriau, 18/9; David Jones, 39/3; Anthony Hordern, 17/9; ditto (preference), 25/3; Australian Iron and Steel (preference), 22/7%; Drug Houses of Australia, 24/3; Victoria Nyanza, 7/2; Broken Hill Proprietary, 51/3; South Broken Hill, 76/; Tiawang (ex dividend), 7/6; Larut, 10/9; Placer Development, £28 7/; General Industries, 14/3. • Melbourne sales included:—Dunlop, Perdriau, 18/9; Commercial Bank of Australia, 16/9: Anthony Hordern, 17/6; Australian Glass, 59/; Australian Iron and Steel (preference), 21/6; British Tobacco, I 38/; Broken Hill Proprietary, 50/9; Mount Lycll, 18/2. INTEREST RATES. 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 uer cent interest reduction:— PER CENT PEK ANNUM. £ s. *d. Commercial Bank 3 1 3 Auckland Gas 4. 0 0 National Timber o l> b Dunlop » /, - Grand Junction » 10 ' l CALL AND DIVIDEND LIST. DIVIDENDS. Due. Okarito—Od a share Feb. 26 National Mort.—Final. 2i p.c. .. I<eb. 27 Bank of N.S.W.—Quarterly 5/.. teb. 2/ Kuala Kampar—3d a share £ eb ' Standard lnsurai.ee —Int., 1/3 . . Mar. 4 Huddart. Parke;—Final, pf., 3 p.c.; ord., 4 p.c Jiar. 0 Electro. Zinc (pref.)-T-Interim. 8 p.c. p.a Mar. :'3 Broken Hill South—lnt.. I/O .. Mar. If! Golconda Holding—lnt.. 5 p.c. . . Mar. 23 Bank of Australasia—Final, 4/, plus bonus 2 p.c Mar — CALLS. Argo Gold—lid a s«are Mar. 12