ON 'CHANGE.
BROKERS' BUSY MORNING
BANK OF NEW ZEALAND SELLING
Chief feature of this morning's trailing was unusual activity in Bank of New Zealand shares, which sold freely on the basis of yesterday's valuations... Six parcels were placed at £2 12/6, and subsequently three changed hands at 2d less. The market then rested between £2 12/ and £2 12/6. Apart from this, the market displayed a buoyant tone, and a substantial turnover was recorded. Farmers' Auctioneering retained the recent gain, and after further business at £4 5/ a sale of the £5 scrip was made at 1/ higher. In the Brewery section buyers for New Zealands raised their offers to £2 14/ without bringing any response from holders. Government stocks showed virtually no change. Waihis have firmed up again, with quotations from £1 17/3 to £1 17/0. Wilsons Cements were easier, with j sellers at £1 19/ and buyers stopping at £1 IS/6, The Noon Call. Bidding was quieter at noon, and there were not many changes from the morning's quotations. Bank of New Zealands showed no alteration. Staples' Breweries reflected Southern firmness when holders moved their reserves up to . £.1 .16/6, but buyers stopped again at £1 .13/6. Sellers of Waihis dropped ■ their resorves 3d, to £1 17/0. SALES COMPIETEU, AT THE 3.15 P.M. CALL YESTERDAY—
interest RATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows on the htest Bales. When- Government stocks-are included, tlie emulation provides for redemption at maturity.. When payment is made in sterling, exchange is added. In the case of local body issues, allowance is also tqade for 20 per cent interest reduction: — PER CENT PER ANNUM: ' " ' ' 4is. il. i
Last Sa!e. £ s d £ s <1 Bank X.S.W. '.. SI ,10 0... -3110 0 Bank X.Z • 2 32 0 .. 2 11.10 Farm.' Aue. (£o) 4 5 0'.. 450 Taupirl (pref.) . 1 2 o .. 12 0 -Auckland Gas . 1 7 3 .. 1 7 3 Kauri'.'..'..' 1-0 0 .. 1 O 1 Brokeii Hill Pty 2 1!) «*..'• 2 10 0 'Colonial Sugar . 43 J"> O ' . 43 5 0 X.Z. Newspapers 1 IS 0 ' .. 1 IS 3 X.Z. Befrig.,'eon 0 0 (! .. 0 S): 2 Wnilii 117 3 ... 1 17 2 Devon. Steam. . 13 0.. 12 0 Tooth's Brewery 2 14 0 .. 2 14 0 Woolwortli (Syd.) 17 0 . . 1 10 0 AT THE-10 A.M. CALL TO-DAY — Bank of X.Z. .. 2 12 0 .. 2 12 0 Bank of X.Z. .. 2 12 4 .. 2 12 <» • ram.. Au.c. (£3) 4 5 O ,.. -4 •>» 0 Farm. Auc. (£5 J 4 ti 0 .. 4 o 0 Kauri 1 0-0 .. 1-0 0 ' Yarru Falls 2 2 3 .. — British .Tobacco 1 IS (> .... .1 IS .) Farm..Trading . 0 14 c .., - 0 14 (« Morris. Heil strom 110.. lit; X.Z. Xewspapers 1 IS 0 . ... 1 IS t> X.Z. Paper -Mills 1 14 <i .. 1 H (' X.Z. Kefrig (eon) 0 0 7.. O !) G Mataki 0 110 .. 0 - 1 Ak. liar. Board, ■ 9/7/41 ....!.. lOi 0 0 ..104 0 o UX LISTED. Farm. Freezing . 10 0.. 100 AT THE 12.15 P.M. CALL TO-DAY South British - 4 IS 3 .. 4 IS 3 Kauri Timber . 1 0 0 .. 1 0 Jj Bonds. 37/40, 4 104 10 0 .. 104 l._> 0 Stock, 43/4S, 4 10S 10 0 .. 10S o 0 A ?S, lfti 0 0 " 104 0 0
■ Barik of New South Wales .. 3 3 Jj , Bank of New Zealand -o 10 - . Fanners' Auctioneering 4 14 o Taupirl (pref.) H f Auckland Uas vt .£ .. * « f Kauri • . " 2 Broken Hill Proprietary .... 3 7 d Colonial Sugar f l.«- - New Zealard Newspapers .. J lf-.J N.Z. Refrigerating (con.)... o 1j J Devonport Steam 4 < » Tooth's Brewery ........... <J.lo •> Woolworths (Syd.), 2nd pref. o 3 » Waihi V 1 ; !| New Zealand Paper Mills . •• 4 i - Farmers' Freezing 0 0 « CALL AND DIVIDEND LIST. DIVIDENDS. Due. National Bank —Final. 4 p.c. p.a. July 13 New Zealand Breweries —31 p.c. . .luly 17 Golconda Holdings—0 p.c July -i Union Bank—Int., 2/6 July — Mossy Creek —Id a share Aug. * 1 New Zealand Insurance —Final, 1/ Aug. 0 Farmers' Fertiliser —uj p.c. ... Aug. 15 Commercial Bank —Final, pref. 4 p.c. p.a., ord. 6 2-3 p.c. p.a. .. Aug. — Electro. Zinc —Ord., 5 p.c., pref. 8 p.c. p.a Sept. 10
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Bibliographic details
Auckland Star, Volume LXVI, Issue 163, 12 July 1935, Page 4
Word Count
700ON 'CHANGE. Auckland Star, Volume LXVI, Issue 163, 12 July 1935, Page 4
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