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ON 'CHANGE.

BUSINESS IS FAIR. VALUES REMAIN STEADY. Following the holiday break business on the Auckland Stock Exchange opened a ],ittlo quieter this morning, but late valued ■were iu'iy maintained, nnd a fair turnover ■was recorded. The banking section showed virtually no change, and Reserves were quoted, with buyers at £6 13/ and no sellers. Insurance, too,- were firm, with South British lacking something of the keen demand that prevailed a week ago. The market stood between £4 18/ and £4 19/6. The Australian division opened confidently, with Goldsbrough, Morts quoted between £1 10/ and £1 11/. Woolworths . (Sydney) were asked for at £4 8/6, nnd J sellers 1/0 higher, and the West Australian branch from £0 2/(5 to £0 12/0. Government stocks were in demand, but there were no sellers. Market Active At Noon. The market was active at noon, with values firm. New Zealand Insurances closed Od above and below the ruling price. Commercial Bank seemed stronger with buyers Id higher, at 15/11, and holders asking 16/1. Blaekwater and Mount Morgan led the business in the mining section, both showing an advance on recent values. SALES COMPLETED. AT THE 10 A.M. CALL TO-DAY— Last Sale. £bd £ s d Trad. Finance (con t.) 0 2 9.. 028 Auckland Has . ISO.. ISO Dunlop 017 3 .. 017 3 X.Z. Drug 4 0 0.. 4 O 0 "Sun" News ... 0 5 0 .. O 0 Wilsons Cement 115 3 .. 115 3 UNLISTED. Ak. Trot Club, 1/4/39/44, CJ . 100 O O . . 100 0 0 N.Z. rer. Forests -2 7 0.. 2 8 0 G. Crown (9d pd) 2 0 3 7 .. 0 210 A; THE 12.15 P.M. CALL TO-DAY — ?T,Z. Insurance / 311 0 .. 311 0 Uoml Invest and . «■.«•»» Banking 01G 0 .. OJO « Nnt. Timber ... 012 0 .. 0 1-0 Antli'y Hordern 018 2 .. — IJroken Hill ... 213 0 .. -11 Duniop <>4i :: •• ..i Wilsons Cement b•> .. J i*> Blaekwater 114 •• * Mahaklpawa .. 0 o 8 .. 0o gj Mt. Morgan .• • • lls o .. UNLISTED. Wooi'.vorth (W.A.) 02 C .. 72 0 interest bates. The return to' the investor on his outlay, based upon the dn.de.uls, works out as follows ontheJai test sale. When Government stocks aie tho calculation provides for redemption at maturity. wfi™ P .™™t .. ma.te m for 20 per cent interest reduction. PER CENT I'EK ANNUM. £ s. d. Auckland Gas j? J® New'zealand Drug * ® Nzf Perpetual Forests \' • 3 8 0 A^gg-44, T 0 CALL AND DIVIDEND LIST. DIVIDENDS. nup Bank" V g Sharland —int., 21 p.c. .. ••■ ••• M fl y Traders' Finance —Int., pf.. Mny 13 lil 11 N.Z. Newspapers —linal, 0 P c ' May 15 Bycrof t—Final", 1/1 a share .. • • May Waihl—Final, 1/ nnd Int. Od ... » Dental nnd Medical 1 P-c n SZ S K s S?.." oP 4».h Mny 20 terly, 5/ a sluire • • ■■••• " ' Farmers* Trading, A and- B p£. Final, 5 3-5 p.c. P.a 31 Stafford Dredge—Cd wn > National Bank o£ Australasia— Final, 2J p.c. •••••• X* _ Burns, I'lillp—Final, 1/ j Henry Jones —Int.. 6d , . « Dominion Fertiliser—4 P- c -y • June Bank of New Zealand—Final, 5 p.c.. D Mort.. 33 p.c. J2 Broken Hill South—l/ 0 June - 10

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19350507.2.12.1

Bibliographic details

Auckland Star, Volume LXVI, Issue 106, 7 May 1935, Page 4

Word Count
510

ON 'CHANGE. Auckland Star, Volume LXVI, Issue 106, 7 May 1935, Page 4

ON 'CHANGE. Auckland Star, Volume LXVI, Issue 106, 7 May 1935, Page 4