ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 130, 4 June 1935, Page 4

ON 'CHANGE.

A QUIET OPENING.

VALUES ARE STEADY

As is frequently the case, after a holiday break, the Auckland Stock Exchange resumed business with a quiet tone. At this morning's c.TT bidding was fairly steady at late quotations, but there were many gaps on the buying side. x | In the banking section New Zealands were quite steady, and changed hands Id higher, at £2 10/10, after which the market showed £2 10/9 to £2 11/. Ecscrves were unchanged between £0 14/6 and £6 15/. Insurances were decidedly dull with few buyers about, and gas shares also vcro neglected. Sellers offered New Zealand Breweries at £2 14/0, and there were no buyers; New Zealand Newspapers had fresh business at £1 10/3, after which the market rested between £1 18/!) and £1 10/10. "Sun" shares were on oiler at 8/8, with no buyers Government stocks were all in keen demand, except 1940'5, which were a littleeasier, with sellers at £104 10/ and no. buyer. The Noon Gal!. Only one sale was. recorded at noon, and the market tvus dull. Among banks, holders of Commercials reduced their limits to 15/4. Offers of £4 16/G were 'made for South British Insurance, and • sellers quoted 1/ above. For Auckland Gas buyers came in 1/ below sellers at j . £1 6/6. There was a 2d increase for Kauri Timbers at 19/8, but holders still showed no interest. SALES COMPLETED. AT THE 10 A.M. CALL TO-DAY— Last Sale. £ s d £ s (1 ' Bank of N.Z. • • 210 10 .. 210 0 Loan and Merc. 35 O O .. o2 10 0 Renown. Col. .. 007 ~ 00 0 X.Z. Newspapers 110 " • • 1i» •' Okarito 0 5 2.. 000 AT THE 12.15 P.M. CALL TO-DAY— King Solomon .040.. 040 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. When 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:— PER CENT PER ANNUM. £ s. d. Bank of New Zealand 3 18 8 New Zealand Newspapers .. 23,1 O CALL AND DIVIDEND LIST. DIVIDENDS. Due. Wilsons Cement—7ld and ljd g 'Fertiliser—4" pic.' ".'.'.'. J une 6 Reserve Bank—s p.c June 7 Peters Ice —8 p.c June 11 Blackwater-FlSal. 1/ June 12 Consolidated Gold—lnt., Gd -Tune l^ Robinson Ice—7 p.c. ..... ..... June 13 Bank of New Zealand —Final. 5 n.c. D Wort.. 31 .p.c. June 14 Perpetnal Forests—Final, 4 p.c. . June 14 .Broken Hill Soutn-1/6 - .$»•»£ Mossy Creek —Iα a share June M Australian Glass—Final, 4J p.c. pref., 8 p.c. ord. , June 26 Farmers' Trading—Ord., 5 p.c. .. June 26 Goldsbrough, Wort—Final, 4 p.c June 28 North Broken. Hill—lnt. 1/6 and bonus 1/ June 28 . British Tobacco-M2rly., li P v c. .. June 29 ' ntnrMs Hedstrom —Final. 3 p.c. June 30 - xrni.l- K *> * — New Zealand urewenes —-33 p.c. . owj —