ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 180, 1 August 1935, Page 4

ON 'CHANGE.

■ A QUIET OPENING. BUT BIDDING SUSTAINED. After a big volume of trading earlier in the week there was something of a lull this morning, and at the morning call only a quintet of sales was put through. ThereNvas, however, no weakening in the market tone, and bidding was wed ■sustained for a wide rqnge of securities. In the Government section every listed line was asked for, but the only offerings were a parcel of Rural bonds at £10(3 10/ and one of '38-'43's. at £105 10/. The banking section continued firm, and Commercials were quoted still higher from 17/5 to 17/0. In the insurance class, South British retained yesterday's lower level, with quotations from £4 17/ to £4 18/3. Goldsbrough, Morts were firm, with buyers at £1 11/ and no sellers, and Colonial Sugars were quoted between £45 and £46. The Noon Call. At the noon call business was steady, with no particular zest. Waihis showed an easier trend and sold 0d lower, at £1 17/ after which the market lay between £1 IC/6 and £1 17/3. Consolidated Brick seemed a shade better with a sale at 11/6 and more wanted at that .figure, sellers moving up to 11/8. Iγ. Government stock the long-term '52-'ss's were again preferred, and a parcel was placed 2/6 higher, at £112 7/6, after which buyers stayed in at £112, but sellers dropped out. Golden Crowns were removed from the unlisted to the listed division, being quoted at 7/3 to 8/3 for the 2/ scrip and from 6/3 to 7/3 for the 1/ paid.

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 tne case of loeal'body issues, allowance is also made for 20 per cent interest reduction:— PER CENT PER- ANNUM., J S s. d. Bank of New Zealand 317 6 Reserve Bank 3-17 u National Timber J " J National Insurance oiq ; New Zealand Insurance - xj « South British - i* JJ Kobinson Ice .......... •• ■ o xj - Auckland Har. Bd., 44, 4.1 3 J is CALL AND MVXOEBrD LIST.

DIVIDENDS. . . Due. Auckland Gas—lnterim, 23 P<c. Now Mossy Creek —Id a share ...... Row _ Dominion Invent. —4 p.c. ....... Aug. o New Zealand Insurance —Final, 1/ Aug. t> Staples' Brewery—lnt., 2* p.c. . . Aug. 7 Commercial Bank —Final, pref. 4 p.c. p.a., ord. 6 2-3 p.c. p.a. .. AUff. » Farmers' Fertiliser —5J p.c Aug. lo Christchurch Gas —Int., 3 p.c. .. Aug. — Jones Nevis Sluicing—s p.c Aug. — Electro. Zinc —Ord. 5 p.c, pref. 8 p.c. p.a Sept. 10 Broken Hill South—lnt., 1/6 and 1/ bonus Sept- 14 C. J. GREEN'S MONTHLY REPORT.

C. J. Green, Ltd., stock and sharebroker, reports the following sales for Debentures. —Amalgamated Brick (Auckland), 1/3/44, Tk per cent, £104 10, £104; Amalgamated Brick (Wellington), 31/3/44, per cent, £104; Public Mutual Insurance, 25/3/39, 8 per cent, £105; Hauraki Plains, 1/9/66, 4% per cent, £103; Wanganui - Rangitikei EJectric Power Board, 1/3/41, 4% per cent, £103 10/ (5). Miscellaneous Shares. — Afforestation, Ltd £31, £31 10/, £32; Associated Motorists (pref.), ex div., 23/, 23/6, 24/, 24/6 9 6/6 26/7; Auckland Farmers Freezing (£5 paid), £5 1/ (3), (£1 paid) 20/, 20/3; Auckland Gas (fully paid), 27/6, 27/- Auckland Meat (3500 shares), from 24/4% to 25/; Broken Hill Proprietary, 59/6, 60/; Claude Neon (Sydney), 50/3, 52/6 53/, 53/3, 53/6; Commercial Bank ot Australia, 16/10, 16/11, 17/, 16/9, 16/11, 17/, 17/2, 17/3, 17/5; Consolidated Brick, 11/4 11/5, 11/7; Dominion Breweries, 14/8, 14/6. 14/10, J5/, 15/3, 15/, 15/3 (7):, 15/; Bank of New Zealand,-D Mort. (odd lot), £1 11/3; Dunlop. Perdriau, 16/6, 10/3, 16/1- Farmers' Trading. A pref., 18/6, 10/; B pref. (odd lots), 13/, 13/3; ordinary, 7/ 7/2; Farmers' Co-op. Auctioneering (£5 paid), £4 2/6. £4 5/, £4 2/6; (£2 paid) 24/: (£1 paid) 11/3. 11/6; Grey and Menzies, 9/; Harvie Oil Turbine, 15/. 1% 15/6, 15/3, 15/6. 16/; Hill ami Plummer, 17/0 17/9. 17/7%; K.D.V. Boxes fully paid) 21/3; Kauri Timber. 22/3; Milne and Choyee (ord.), 10/6;; Mortgage Corporation (5/ paid). 7/, 6/11, 7/r National Insurance, 20/10; 20/11; National Tobacco, 67/" New Zealand Breweries. 53/9; JNew Zealand Farmers' Fertiliser 20/3; North Auckland Farmers'. B pref.. 8/9, 10/4, 10/6, 11/6. 12/. 12/2, 12/3: Nikau Bacon (ord.). 62/6; Otago "Daily Times, 49/6 4); Parker, Lamb, 2/; Robinson Ice Crenm. 22/, 22/10%: Taupm Coal, 16/o, 16/8: United Permanent Buildinc. 20/b; Wellington (ord.), ; £6; Willis Rotary! 1/: Wpolworths (Svdney). hn-t nref ' 4°' 43/3. 4V6: second pref. (old iW) 27> 28/: (new issue) 27/. 27/0; -•<i ; naV.o2'?.'9S/. 9S/6 (5\ 100/: Yarra Fi? 1 ?. 4 2/6, 43/, 42/6, 42/3, 42/9, 43/6, 43/, Crown (fully paid), 5/6- (1/ paid) II: Kin« Solomon, 3/9, 3/10: Mataki/ 1/11. 2/2 1/10%. 1/1; Mahakipawa (ord.). 5%d. (pref.) 8d; Mounr Morgan. 37/4. 37/6,- 37/5, 37/6, ?6/9; NasiVj (Fiji) Gold Syndicate. £6o; Plir°r Development (cum div.), t,ii It)/, V 53 6/C £33 15/ £34. £34 5/, £33 10/, f«S| ~£S 3 J5/, £34. £33 12/6, £33 15/ W~ss&f&% S/. £V 6/6 ( 12 )' £32 | 7/6,' £32 10/. £S2 12/ C, £33.

SAXES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. f s a £ s <i Bank of N.Z. . 2 117.. 2 11 fi Reserve Bank . 0 10 0 .. fi 10 0 Nat. Insurance . 10 7.. 107 N.Z. Insurance . 3 7 3.. 370 South British .. 4 17 0 .. 4 IS 3 Renown Col (pf) 0 2 S .. 0 2 8 Robinson Ice .. 1 3, 6 .. 13 0 Skippers 0 0 21 .. 0 0 2J Stock, 1037-40, 4 102 0 O .. 102 O 0 T.Tupo. Totara . 0 7 8 .. J 7 8 -Mataki O ■ .1.10 ... Olip Talisman • 0 12 O .. 0 10 0 UNLISTED. Woolworth (Syd.) 5 2 3.. 5 2 G AT THE 10 A.IH. CALL TO-DAY— Nat. Timber .. 0 15 0 .. 0 14 10 Consol. Brick . 0 11 5 .. 0 11 o Mataki 0 1 10 .. 0 1 111 Ak. Har. Board, io.no 9/7/41, 4i ... 103 17 6 .. 104 0.0 UNLISTED. North. Co-op. ... 0 0 6'.. 0 7 3 AT THE 12.15 P.M. CALL TO-DAY-Bank of Asia . 11 8 0 .. U | O Kaiapoi O -lo o • ■ « „ Farm. Trading . 0 i 1 •• « ' _ Consol. Brick . 0 11 6 .. 0 11 o King Solomon . 0 3,9 .. O - 11 Mahakipawa ... 0 O & .. « g£g 52/5-5;-ill2" 6 ..112,5 0