ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 205, 30 August 1935, Page 4

ON 'CHANGE.

BUSINESS IS FAIR. COMMERCIAL BANKS IMPROVE. Though a quieter tone prevails on the Auckland Stock Exchange business maintains a fair level. At this morning's call the insurance section was dull. The only inquiry was for Nationals, -which were quoted between £1 0/5 and £1 1/. In the banking section Commercials continued to recover some of the loss sustained earlier in the week. There weie buyers ,at 16/4, with holders asking 16/9. New Zealands eased slightly, with a sale 3d lower, at £2 11/, after whicli the market was steady between £2 10/9 and £2 11/ S. Consolidated Brick recovered from the recent easing, with business at 11/6. In Government stocks several parcels changed hands, with late values either maintained or improved upon. Fiji mining shares continue to attract, and Mount Kasis sold 9d higher at £13/, with , more wanted at that figure. Lolomas were quoted between £5 and £6, and Aloha Central was asked for at £33. The Noon Call. Business was fairly active at the noon call, and the promise of the morning was confirmed in the case of Commercial Banks, which changed hands 3d higher, at 16/7, after which the market settled between 16/5 and 16/9. A partial recovery was made by Broken Hill, which came back to a sale at £3 6/6, and buyers still in at £3 6/, and no sellers. Improvement in Australian securities was also instanced in the case of Electrolytic Zinc, the preference shares of which sold 1/6 higher, at £1 16/6. " SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. £bA £ s d Bank of N.Z. (2) 211 O 211 3 Farm. Auct. .. 4 50 .. 4 50 Farm. Auct. .. 4 6 0.. 4 5 0 Consol. Brick . 0 114.. 011 2 Con sol. Brick . 011 5 .. 0 114 Farm. Trad. ... 071 .. 071 Mfc Lyell 019 3 .. 019 9 Stock, 46/49, 4 . 110 0 0 .. 100 15 O Stock, 52/55. 4 . 112 10 0 .. 112 15 0 Stock, 15/5/39-52 „ 31 109 0 0 .. 10S 15 0 Loan and Merc. 35 0 0 35 0 0 UNLISTED. Woolworth (Syd) 517 0 .. 519 0 AT THE 10 A.M. CALL TO-DAY— Consol. Brick . Oil 6 .. 011 5 Morris Hedstrom 1 3 10} .. 1 * 8 Waihi 116<> •• } ® Mt Kasi 100,. 123 102 0 0 .. ao2 5 0 St 3S/k^.'.. N .° V "' 109 0 0 .-..108 17 6 107 0 0 .. 106 15 0 St 4 C1 i'.. 1 .Y. 0 ?:." 55 112 10 0 .. 112 10 0 AT THE 12.16 P.M. CALL TO-DAY— Com. Bank .... 016 7 .< J 1 ® Auckland Gas . 1 o 9 ... KanH Timber . 1 £ < •• i 2 X Broken Hill .. 3 6 6 .. o 4 <J Elect. Zinc (pf) 116 6 .. 1 « . N.Z. Drug 4 o 6 ... 4 4 o UNLISTED. Williams Rotary O 2 0 .. 9,1 Woolworth (Syd) ol< 0 .. oli Emperor 1 t> a .. call and dividend list. DIVIDENDS. Due. n Standard Insurance—Final, 1/3 Sept. 2 El s c 6°<l ?!2T7?. rd :. ?. . p :~. Sept. 10 X.Z. Drug—lnt., 3i p.e. ...... Sept. ' Huddart, Parker—lnL, pf. 3 p.c., ord 3i p.c. Sept. 1Broken- Hill South —Int., 1/6 and „ 1/ bonus - I®**Gillespie's Beach—s p.e. ....... kept. lo King Solomon—2s p.c Sept. 30 Renown Coll.—Pf. 7 p;e., ord. 3d Sept. 30 Bank of Australasia —Int., 3/6 . Sept. — Claude Neon (Syd.)—lnt., 7i p.e. Oct. 1 AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, August 29. On the Sydney Stock Exchange to-day the investment market displayed an improved tone, for which the bright prospects for the opening wool sales next week and the outlook for rain in the country were partly responsible. Interest in Fiji gold' concerns was sustained. Tavua Developments, after & firmer opening, returned to the overnight level. Mineral Developments hardened and Kotflere improved. Lolomas, however, were quoted lower without- business resulting. This morning's sales included: —Commonwealth 4 per cent bonds: 1955 and 1959, £104 10/. Anthony Hordern, preference, 24/10%; Dunlop, Perdriau, 14/5; Wilcox, Mofflin, 12/3. Later sales included: —Commonwealth 4 per cent bonds: 1938. £102 5/; 1941, £102 10/; 1944, £103 1/3; 1347, £104; 1955, £104 10/; 1957, £104 7/6; 1961, £105 5/. Colonial Sugar, £42 17/6; Bank of New South Wales, £33; United Insurance, £12 10/; Berlei, 40/; British Tobacco, 40/; Tooth's Brewery, 54/9; Toohey's Brewery, 29/3; Carlton Brewery, 52/; Australian Iron and Steel, preference, 24/10%; Australian Glass, 83/; Dunlop, Perdriau, 14/5; ditto, preference. 32/3; Goldsbrough, Mort, 33/7%; Wilcox, Mofflin. 12/3; Morris Hedstrom, 24/; Farmers'. 27/; Anthony Hordern, 19/4%; Standard Cement, 21/6; General Industries, 18/4%; Mount Morgan. 39/6; Broken Hill Proprietary, 66/6;. South Broken Hill. 98/6; Rawang, 7/9; Victoria Nyanza, 6/9; Mount Kasi, 22/9. Melbourne sales included: —Broken Hill Proprietary, 66/9; Dunlop. Perdriau, 14/5; ditto, preference, 32/6; Electrolytic Zinc, 29/6; G. J. Coles, 67/9; North Broken Hill £7 3/; Australian Glass, 83/6; Howard Smith, 18/; Loloma, £5 3/; ditto, forward, £5 6/; Emperor, 25/1%.