ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 214, 10 September 1935, Page 4

ON 'CHANGE.

BUSINESS STILL QUIET.

AUCKLAND GAS FIRMER.

Business on the Auckland Stock Exchange continues rather quiet. At this morning's call Auckland Gas improved slightly with a sale at £1 5/10, after which the market rested between £1 5/0 and £1 6/. The banking section was featureless, and the same remark applies to insurances. Government stocks were in demand for all issues, but buyers kept closely to recent limits. Amalgamated Bricks (.Wellington) were easier, and the debentures changed hands at £103 10/, a drop o£ 15/. Berleis (N.Z.) registered a sharp vise, a sale being made 4/ higher, at £3. Buyers remained in at £2 IS/, while holders rose to three guineas. Xew Zealand Breweries were on offer at £2 12/0, but there were no sellers. The Noon Call. An improving note was noticeable at the noon call, and values were advanced in quite a few instances. The banking section remains steady. In Xew South Wales an advance of 5/ by buyers, to £32 5/, attracted holders at £32 15/. The sales list, taken generally, was quite on a par with recent values. Dominion Breweries are regaining their former values, and a sale took place at 16/9. this representing an advance of 9d on the last sale. The market closed with buyers in at IG/9 out holders stood out.

SALES COMPLETED. Last Gale. AT THE 3.15 P.M. CALt YESTERDAY— £sd £ b d South British .. 4 14 3 .. 4 13 0 ■ N.Z. lJefrif?., con 0 010 .. 0 010 Kins Solomon .. O 3 3 0 3 2 Farm. Auct. (B pref.) 1 1 0 .. 1 2 3 UNLISTED. Emperor (10/ pd) 15 0.. 163 AT THE 10 A.K. CAUL TO-DAY— Morrg. Corp. ... 0 0 3.. 0 0 4 Westport 1 2 2 .. 1 - 3 Auckland Gas . 1 5 10 .. 1 3 a Kaiapoi (tout.) . 0 5 1... 0 3 o Aust. Iron (prf) 1 5 !> .. 10 3 Berlei (X.Z.) ... 3 0 O .'.. 210 O Mataki 0 1 8J .. 0 1 !J ■lalgui. Brick, .; 1/3/44. 73 p.c. iWgtou) ". 103 10 0 .. 104 5 0 AT THE 12.15 P.M. CALL TO-DAY— Sorts. Corp. ... 0(5 3 .. O G 3 Heuown Col. .. O "J 'J .. l> U 0 IJoni. Breweries .(2j 01G 0 .. 010 0 Broken Hill 3 U l> .. 3 7\ 0 Duulop 010 4 .. old i> K.D.V. Bos, con 010 0.. 010 6 Mataki O 1 I<> •• " 1 '->i Stock, 3D/43, 3J.104 IT 0 ..103 10 0 INTEREST BATES. The return to the investor on his outlay, based uP°n tlie 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 m sterling, exchange is udded. Id the case of local body issues, allowance is also made for 20 per cent interest reduction: — PER CENT TER ANNUM. £ s. d. South British 2 18 0 N.Z. Refrigerating (c0u.1... u 12 0 Farmers* Auct. (ii prof.)... i> 10 4 Mortgage Corporation ..... i> 1- W Westport ■* 1W ° Auckland Gas * f. ° Berlei (S.Z.) 3 6 S; Amalg. Brick, 7i (Wn.) 5 IS 6 CAIX AND -' DIVIDEND UST. DIVIDENDS. Due. j Electro. Zinc—Ord. R p.c, pref. 8 p.c. p.a .- Now Huddart, Parker —Int., pf. 3 p.c, ord. 3J pc. Sept. 12 Kaiapoi Wool—Ord. 3 p.e., pref. 5 p.c ." Sept; 13 Broken Hill South —Int., 1/6 and 1/ bonus Sept. 14 Gillespie's Beach—s p.c Sept. lo Talisman—lnt., 10 p.c Sept. 20 N.Z. Drug—lnt.. 3i p.c Sept. 21 Farmers' Freezing—6 p.c Sept. 27 N. Broken H.—2/C, and bonus 1/ Sept. 28 King Solomoe— 2s p.c. Sept. 30 Renown Coll.—Pf. 7 p.c, ord. 3d. Sept. 30 British Tobacco —QrJy., 1J r-c. .' Sept. 30 Milburn Idme^—Final, 5 p.c Sept. — Claude Neon <Syd.)—lnt.. 71 p.c. Oct. 1 Bank of Australasia—lnt.. 3/6 .. Oct. 4 Mount Morgdn —lnt. 6d, and bonus 3d Oct. 10 Milne and Choyce^—Ord. and deb., 31 p.c. .. Oct. 10 C. li. Innes —Pf. and ord., 8 p.c., also pref. arrears .... . ... 1

v UNOFFICIAL STOCK. Buyers. Sellers. Assoc. Motorists (pf) — .. 1/6/0 Ak. Farm. Freez. (fl) 19/6 .. — Auckland Trot. Club, 1/4/39-44, 6* T- .. 103/0/0 Brit, and Dom. Invest — .. ■ 8/0 Dalmat Rotary — .. 19/0 Dom. Screens (7 p.c. c.p.) 19/9 .. 1/1/0 John Fuller, 1949, 6} 75/0/0 .. 85/0/0 Macky Logan 19/0 .. — Modern Shoes 1/6 .. — National Tobacco ... — .. 3/9/0 National Trading ... 9/0 .. 17/0 N.Z. Marble, 1/11/43, 6p c — .. 104/0/0 N.Z. Perp. Forests .. 2/11/0 .. 2/17/0 N.Z. Perp. Forests (4/ paid) ......... 11/0 .. — N.Z. Pulping Mills .. — .. y<s N.Z. "Woolpack 11/0 .. -.15/0 North. Invest. Trust . 5/0 .. 6/G R. H. Abbott (pf.), 55 — .. . 1/1/ C St. Cuthbert's 31/1/42 4 p.c 70/0/0 .. 90/0/0 Silknit 1/9/0 .. 1/13/0 South. Cross Assur. (10/ paid) — •- 2/9 Tiproff 1/8/0 .. — Waikato Carbon. ... 57/0/0.. — ■ Williams' Eotary ... 1/0 .. l/J Wilton Col., 1/5/45, 6 p C 101/0/0 .. — Woolworth (Syd.), ord 5/12/0 .. 5/13/3 Wool worth (W.A.) .. 8/15/0 .. — Xtravac (20/ f.p.) .. 2/6 ... — Emperor 1/4/9 .. I/a/ 6 Goldmines of Papua I=/ fn\ 13/0 .. 10/U Koroe'f(3/"pai<W ••■ -' •• S/0 Mt. Morgan Develop. (2/ f.p.) S/ 3 •• 4/0 Nasivi (£5 paid to ;£3) •...«•■••••■•■•" Tavua Gold Develop., „ - =s*:: & AUSTRALIAN EXCHANGES. SYDNEY, September 9. On the Sydney Stock Exchange to-day leading industrial shares were him. Banks were quiet, as were gold shares. liji concerns were practically unaltered. This morning's sales included:—Commonwealth bonds: 3 per cent, 1938, £100; 3% per cent, 1949, £97 15/: 4 per cent 1941, £101 15/; 1957, £102 15/; 1961, £104 3/9. Commercial Bank of Sydney, £18 4/; Associated News (preference), 23/; Australian Glass, 84/; Colonial Sugar, £43 o/; Dunlop, Perdriau, 15/7%; Howard Smith, 18/6; James Stedman, 19/6; Morris, Hedfitrom, 24/1%; Wilcox, Mofflin, 11/3. Later sales included:—Bank of New South Wales, £33 5/; Commercial Bank of Sydney, £18 4/; Mercantile Mutual Insurance, 29/6; Associated News, 22/; ditto (preference), 23/; Australian Gas, A shares, £7 15/6; British Tobacco, 40/3; Hume Pipe, 14/4; Australian Iron and Steel (preference), 25/9; Dunlop, Perdriau, 15/4%; Farmers', 26/9; David Jones, 42/; General Industries, 18/9; Newcastle Gas, B shares, 13/3; Sargents, 21/1%: Anthony Hordern, 19/6; Mount Kasi, 23/3: Tavua, 14/4; Koroere. 25/9; Mineral Development, 8/6; Rawang,'7/11. Melbourne sales included:—Nestle's (preference), 35/9: G. J. Coles. 67/6; "Herald" and "Weekly Times," 62/; South Broken Hill. 96/; Norths, £7 8/; New Morobe, £17; Loloma, 97/6; Emperor, 24/1%.