ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 164, 13 July 1935, Page 4

ON 'CHANGE.

BUSINESS IS FAIR. NEW ZEALAND INSURANCE LOWER Bidding at this morning's call on 'Change was steady, with moderate business recorded. In the banking section New South Wales were firm, with buyers up to £31 12/6 and holders still asking £32. National Banks were quoted ex div., with sellers at £3 10/ and 110 buyers. New Zealands were very steady between £2 12/ and £2 12/6. Insurances were slightly easier, and New Zealands sold 3d lower, r.t £3 7/9, after which the market rested between £3 6/ and £3 8/. South British were again on offer at £4 19/, and a buyer came in at £4 17/6. Government stocks were inactive. Late buying quotations were reinstated, but there were 110 sellers. New Zealand Breweries were quoted between £2 14/ and £2 15/. Colonial Sugars were very firm, and offers to buy at £44 failed to bring any counter from holders. Waihis were firmer, with a sale at £1 17/6 and later quotations between £1 17/4 and £1 IS/. 1 SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. £sd £ s d British Tobacco . 1 IS S .. 1 IS C Sanford 0 3 2 .. 0 2 C Union Oil 1 30 0 .. 1 10 O Bis Hirer 0 2 4.. 0 21! Stock, 30/43, 3* 105 15 O .. 105 10 0 Hill, I'lummer 017 6 .. OIS 0 UNLISTED. Golden Crown .. 0 7 G .. 0 730 A sale of Farmers' Auct. £5 shares reported at tlie 10 a.m. call yesterday as at £4 G/ shoulO have read £4 1/6. AT THE 9.30 A M. CALL TO-DAY— N.Z. Insurance- . 3 7 5).. 3 S 0 Broken Ilill 239 6 .. 219 « Elect. Zinc (pf) 115 0 .. 115 7J Mataki 0 130 .. 0 110 AVaihi 117 6 .. 137 3 Grand Junction 0 4 0.. 0 o S* AFTER THE CALU Farm. Trading . 0 7 3 .. 0 7 3 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. <1. British Tobacco 3 2 0 Union Oil 4 3 4 Hill and Pluinmer 5 14 3 Stock. 31. '39-*43 3 7 0 New Zealand Insurance .... 2 19 0 Broken Hill Proprietary ... 3 7 3 Electrolytic Zinc (pref.) ... 4 11 G Waihi G 11 9 Grand Junction 10 5 9 CALL, AND DIVIDEND LIST. DIVIDENDS. Due. National Bank —Final, 4 p.e. p.a. Now New Zealand Breweries —3i p.c. . .Tuly 17 Golconda Holdings—s p.c. July 27 Union Bank—lnt., 2/G July — Mossy Creek —Id a share Au?. 1 New Zealand Insurance—Final, l/~ Aug. 6 Farmers' Fertiliser—sj 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