ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 55, 6 March 1935, Page 4

ON 'CHANGE.

BUSINESS IS QUIET. GOVERNMENT STOCKS SCARCE. Business on the Auckland Stock Exchango . has been quiet since last report, r.nd turnover has been only moderate. At this morning's cull bidding covered a fairly wide range and values were steady, hi the Banking section Unions improved 1/3 with a sale at £8 14/. after which the market rested between £8 10/6 and £8 17/ CI. New Zealands were easier, with quotations from £2 0/ to £2 9/4. Commercials were weak, between 10/ and 10/2. Insurances showed little change, but there was a brisk demand for Government stocks. Holders, however, kept off the market, and the only lot on offer was a parcel of 1940"5, for which £102 15/ was asked. New Zealand Breweries were offered 3d lower, at £2 10/9, buyers remaining at £2 10/. Wailris were firm between £2 1/ and £2 1/6.

Dull at Noon. At noon the market was dull, and only three sales were put through. Buyers of Bank of New Zealands advanced their oifers to £2 9/2, and for Reserves holders were willing to take 6d less. Goldsbrough, Mort were quoted between £1 7/3 and £1 8/3. In the mining King Solomons closed a penny each side of the sales price. There was a. better inquiry for Mount Lyells, buyers advancing their limits to 17/6, which attracted sellers at 18/. SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sain. £sd f s d Hank N.S.W. .. GO 0 O .. 20 17 0 ■\Yestport - Stockton 0 1 O .. O 1 0 Stock. '41, 3} ..102 0 O ..101 5 0 Ak. Hnr. Board, ,'Ol. 4} 108 0 0.. — Auckland Cias .. 1 7 U .. 17 4 AT THE 10 A.M. CALL TO-DAY — Union Bunk S 14 O .. S 32 0 N.Z. Insurance . 3 7 9.. i> 7 0 AVcstport - Stockton o 1 0 .. 0 1 0 UNLISTED. Loyal Tobacco . 1 O 0 .. 1 0 fi AT THE 12.15 P.M. CALL TO-DAY— Wilsons Cement 114 0 .. 114 0 King Solomon, 2 0 310 .. 0 011 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 per cent interest reduction:— PEK CENT PER ANNUM. ti S. d. Bank of New South Wales 3 C 8 : Stock, IJI4I, 3S 3 11 (i Auckland Havb. Bd., '01, 41 3 11 0 Union Bank 3 12 0 »w Zealand Insurance .... ~ I!) 0 Wilsons Cement 813 0 SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) WELLINGTON, Tuesday. Rural, 15/9/47, 5 per cent. £105 15/; Bank of New Zealand. £2 9/2; New Zealand Breweries. £2 10/5: Mauri-Bros, and TluVnson. £2 4/0; New Zealand Refrigerating (£1 paid). 19/5; (10/ paid). 9/; Quill, Morris (in liquidation), 4/; Mount LyC ' ' ' CHRISTCHURCH, Tuesday. Commercial Bank of Sydney. £16 0/C; Bank of New Zealand, £2 9/2 (4 parcels) ; Now Zealand Breweries. £2 10/(i (2 parcels):; Anthony Hordern, 17/ C; Southland Meat, £3 17/0. • ' • • DUNEDIN, Tuesday. Bank: o f New Zealand, £ 2 9/3. CALL AND DIVIDEND LIST. DIVIDENDS. Due. Roller Mills—Final, pf., 5 1-3 p.c. p.a. ..'.......' Now Standard- Insurance —Int.. 1/3 .. Now Renown Coll.—lnt.. pf., 7 p.c. p.n. Now Huddart. Parker—Final, pf., 3 p.c; ord.. 4 p.c Mar. 9 Electro. Zinc (pref.)—lnterim. 8 p.c. p.a ............*• Mar. J. 3 Rrokpn Hill South —Int.. 1/6 .. Mar. 15 Amalg. Wireless—lnt., 4 p.c. Mar. Iβ Goleonda Holding—lnt., 5 p.c. .. Mar. 23 North Broken Hill—lnt., 1/0 .. Mar. 29 Bunk of Australasia—Final, 4/, plus bonus 2 p.c Mar. 29 British Tobacco—Qrly.. 13 p.c. . . Mr.r. 30 Dunlop—lnt.. pref.. 10 p.c. p.a. . Apl. — Howard Smith—Final, pf., G p.c. p.a.; ord., 2J p.c Apl. 0 CALLS. Argo Gold—ljd a siiare Mar. 12

AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, March 5. On the Sydney Stock Exchange to-day Government securities were taken at slightly advanced levels. The principal classified stocks were steady. This morning's sales included:—Commonwealth bonds: 3% per cent, 1948, £101 5/; 4 per cent, 1944, £106 17/6; 1955, £107 7/6. Bank of New South Wales, £30 2/6; Associated News (preference), 23/9; British Tobacco, 38/; Goldsbrough, Mort, 28/3. Later sales included: —Commonwealth 4 per cent bonds: 1938, £104 15/; 1941, £105 17/6; 1944, £106 18/9; 1947. £108 5/; 1950, £107 17/6; 1953, £108. Colonial Sugar, £41 5/; National Bank (£lO paid), £13; Burns, Philp (South Sea), 26/6; Tooth's Brewery, 48/9; Toohey's Brewery. 29/; Goldsbrough, Mort, 28/; Wilcox, Mofflin, 9/; Henry Jones. 35/6; Anthony Hordern, 17/9; Standard Cement, 20/4%; Iron and Steel (preference), 22/9; Mount Morgan, 39/; South Broken Hill, 77/6; Bulolo Gold, £9 6/; Placer Development, £28 4/. Melbourne sales included: —Commercial Bank of Australia (ordinary) 16/6, (preference) £9 19/; National Bank (£lO paid), £13 2/; Dunlop, Perdriau, 18/10; Howard Smith, 15/9; North Broken Hill, £5 2/6.