ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 223, 20 September 1935, Page 4

ON 'CHANGE.

BUSINESS RATHER QUIET. MANY LINES NEGLECTED. Business on the Auckland Stock Exchange lias been rather quiet over the last 24 hours, and turnover has been small. At this morning's call bidding was slow and many lines were neglected by buyers. This was especially noticeable in banks, insurances, wool and timber sections. Amongst the banks, Commercials were steady between 16/4 and 16/6. Reserves seemed easier, and offers to sell at £6 10/ failed to bring any response from buyers. New Zealands had fresh business at £2 10/9, with more available at that ligurc, but buyers retired to £2 10/6. Goldsbroufeh, Morts were on offer at £1 11/', bringing in a buyer at £1 10/. Colonial Sugars were firm, with buyers at £43 and no sellers. Government stocks were in good demand at late rates and with few sellers. The rise in Emperor mines was checked, the shares being on sale at £1 19/6, with no buyers. An Easier Tone. A fairly general easier tone was evident at noon. Bank of New Zealands, however, were firm, with later quotations 3d on each side of the market rate. For Auckland Gas buyers raised their offers to £1 5/9. In the miscellaneous group Farmers' Trading -ordinary shares attracted offers of 6/8. Holders of Mount Morgan came in at the reduced price of £1 17/3, which, was 6d above buyers' limits. COMPLETED. Last Bale. AT THE 3.16 P.M. CALL YESTERDAY— £sd £ s d Bank of N.Z. .. 2 10 9 .. 2 10 9 N.Z". Insurance . 3 3 3.. 3 3 6 South British . 4 13 6 .. 413 6 North Steam con 0 10.. O 1 9 Broken Hill Pty. 3 56.. 356 Mahakipawa ... 0 0 2.. 0 0 2 Guarantee Corp. 0 5 2 052 UNLISTED. Emperor 1 9 6 1 S 6 AT THE 10 A.IS. CALL TO-DAY— Bank of N.Z. .. 210 9 .. 210 9 Hill, Plummer . OIS 0 .. 017 6 Wilsons Cement 2 O 3 _. 2 O 6 Gillespie's Beach Oil., 012 Golden Dawn . 0 210 .. O 210 Mataki O 1 10} .. 0 110} AT THE 12.15 P.M. CALL TO-DAY— Bank of N.Z. .. 210 9 „ 210 9 Farm. Co-op. (£2 paid) 1 7 0 .. 1 7 6 Renown Col. (pf) O 2 9 .. 02S Auck. Gas (con.) 019 3 .. 019 2 Dunlop 014 5 .. 014 6 Wilsons Cement 2 0 0.. 2 0 6 Reserve Bank -. 690 .. 610 3 Gillespie's Beach Oil.. Oil Mount Eden, 1/4/49-54 105 0 0 .. — INTEREST KATES. 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. d. Bank of New Zealand ..... 3 18 9 New Zealand Insurance ... 3 3 6 South British 2 17 0 Guarantee Corporation .... 6 9 0 Hill and Plummer 5 11 0 Wilsons Cement — 3 8 4

UNOFFICIAL STOCK. Buyers. Sellers. Assoc. Motorists (pf) — .. 1/3/0 Ak. Farm. Freez. (£1) 1/0/0 .. — .Auckland Trot. Club, l/ 4/09-44. 6i — .. 104/0/0 Astral . Products ' — .. 1/0/0 Dom. Screens (7 p.c. c.p.) 19/0.. 1/1/0 Loyal .- — .. 1/0/6 Modern Shoes 1/6 .. — M.K: Millinery . 1/7/6 .. — National Trading ... 9/0 .. 17/0 N.Z. Mamie, 1/11/43, 6 . p.c. ■ — ..104/0/0 N.Z. Perp. Forests . 2/12/0 .. 3/0/0 N.Z. Perp. Forests (4/ paid) -— — _ • • IJ/6 N.Z. Woolpack 11/0 .. 15/0 North. Invest. Trust . 5/0 .. 6/9 St. Cutbbert's 31/1/42 4 p.c 70/0/0 .. 90/0/0 Silknit , 1/9/0 •• — South. Cross Assur. (10/ paid) — •• 2/9 Waikato Carbon. ... 60/0/0 .. — Williams' Rotary ... 1/9 .. 2/0 Wilton. Col., 1/5/45, 6 p.c 101/0/0 .. Woolworth (Syd.), ord 5/6/0 .. 5/S/0 Woolworth (W.A.) .. 8/0/0 .. S/li>/0 Xtravac (£1) 5/0 .. — Alluvial Holdings ... 1/10 .. 2/3 Emperor l/'/6 •• ±/tyv Goldmines of Papua (5/ f.p.) WO .. WO Mt. Morgan Develop., (2/ f.p.) 3/0 •• 4 /°