ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 219, 16 September 1935, Page 4

ON 'CHANGE.

WEEK OPENS STEADY.

FAIR BUSINESS RECORDED,

The Auckland Stock Exchange started the new week with a fair list of sales for the first call.' Bidding, however, was not keen, and values seem to be settling at a lower level. In the banking section Nationals held to late levels, with a transaction at £3 12,6 and more wanted at that figure. Commercials were steady between 16/3 and 10/6, and other issues showed little changes. In insurances Nationals sold 3d cheaper at £1 0/6, but otherwise there was little variation from late rarcs. Coal shares were in good demand, and there were inquiries tor Pukemiros, Renowns and Taupiris on tho basis of late quotations. Colonial Sugars were farm, with buyers at £43 and no sellers. Recent easing in Goldsbrough, Morts was confirmed with a sale 1/6 down, at! £1 11/6, after which the market rested between £1 10/6 and £1 12/3. Government stocks were practically unchanged. Large Stock Issue Sold. This morning"s steady tone was again in evidence at the noon call, a feature being a large parcel of Government stocks, which changed hands at a slightly improved figure. The total value was well over £6000, and the price paid, £109 2/8, was 2/6 above the previous quotation in August. £100. Bidding started off by the buyer increasing a morning offer of £10S 10/ to £108 15/, which attracted a seller ;it £309 5/. The buyer advanced to £109, whereupon tho holder reduced his demand to £109 2/6. The offer was accepted. The buying quotation at present rests at £108 15/, ■with sellers silent. Business was transacted in Broken Hill at £3 5/3. This issue is increasingly active in Christchurch. Other scrip remains practically unchanged.

SALES COMPLETED. Last Sale. AT THE 10 A.R. CALL TO-DAY— £sd £ s d Safc Bank 312 6 ■.. 312 (i Nat. Insurance 10 6.. 1 0 01 X.Z. Insurance . 3 4 "... 3 4 3 Golclsbrou?:h ... 1 11 6 .. 1 13 0 Auckland Gas .. 15!).. 15 9 C. Neon (X.Z.) . 2 4 0.. 2 3 6 FsCrin. Fertilj>er OIS 0 .. OIS 0 Amalgm. Brick, 1/3/44, 7A p.c. (Auck.) 102 OO .. 102 0 O UNLISTED. Emperor 16 0.. 150 AT THE 12.16 P.M. CAUL TO-DAY— Nat. Insurance . 1 O G .. 10 6 Broken Hill ... 3 5 3.. 3 5 « KD V. Box, coil 010 0 .. 010 6 Farm. Fertiliser OIS O .. OIS O Mataki O 2 O .. t> 2 0 Mt Morgan ... •IJS-β... 119 O Stock, 35j52, 3} . 100 'I G .. 100 0 O Citv of Auck., 10G6, 4i 106 O 0 .. — ' UNLISTED. Emperor 1 « 0 .. 16 0 INTEREST RATES. The return to the investor on his outlay, based upon the latest dividends, xovks 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. a. National Bank \ | •* National Insurance g 1* - New Zealand Insurance d - f Goldsbr'ough . •> *« " Auckland Gas * " « Claude Neon (N.Z.) 4 11 0 Farmers' Fertiliser •••••---. « - 9. Amalg. Brick, 7J (Auckland) u 13 0 CAM. AND DIVIDEND MST.

DIVIDENDS. Due. Hllespie's Beach—s p.c. fc£? W oo rallsman—lnt., lo p.c bept. -0 British Tobacco—QrJ?., IS P-C- • |ept. |0 Mi°lburn P Lime—Finai. 5 p.c .... Sept. — Whittome, Stevenson —6d .. &epr. Claude Neon CSyd >—Int. 71 P.C. Oct. 1 Bank of Australasia—lnt.. 3/6 .. Oct. 4 Mount Morgan—lnt. od, and bonus 3d • • ••••• .Milne and Choyce—Ora. and aeb., ifl Yara P Falls—Final* "f 'p.V. "'" *'"' Oct. 17 X D V. Box—Final. 4 p.c Oct. 21 C" i.. Innes—Pf. and ord., 8 p.c, also pref. arrears vec a