ON 'CHANGE.
QUIETER MORNING. MARKETS EASY. Subsequent on a busy last call yesterday, the Stock Exchange was quieter this morning. Fewer sales took place, while the bidding lacked spirit. But little business—one sale in eight—took place in the room. The banking section showed little change. The first sale for some time of Commercial Banks of Sydney was reported at the reduced figure of £17 15/. Interest was shown in National Insurances. Buyers rose from iD/6 to £1, while holders are holding off at 6d more. A buyer for Kauri Timber Company's came forward at £1, in reply to a seller willing to part at £12/. Dominion Brewery "rights" are quoted at 1/3, sellers. The ordinary quotations are 16/ and 17/ for buyers and sellers respectively. The mining section was fairly quiet. After a sale at 2/11, Golden Dawn quotations lie between 2/11 and 3/. Further business was (lone in gilt-edged issues, at slightly reduced rates. SAT.ES completed. Last Sale. AT THE 3.15 P.m. CALL YESTERDAY— _,£s d £ s d Bank of N.Z. .. 210 7 .. 210 (i Hank of N.Z. .. 2 10 0 .. 210 7 Reserve Bank .. 0 9 3.. 0 9 3 South British . 412 C ~ 413 O South British . 412 0 .. 412 6 C. Neon (Syd.) . 210 0 .. 212 0 N.Z. Newspapers 2 10,. 200 N.Z. Newspapers 2 0 9,. 2 1 0 Refrlg. (cont.) . 010 2 .. 0 10 2 King Solomon . 0 3 5.. 0 3 5 Stoclt, 37/40. -A . 102 0 0* .. 102 O O Stock, 52/55 .. 111 10 0 ..112 7 (i City of Auck., '43, 4.1 105 10 0 .. 105 10 0 UNLISTED. Williams Rotary*" 0 2 0 .. 0 2 0 "VVoolworth (Syd) 5 116.. 58 6 Woolworth (Syd) 511 0 .. 511 0 Emperor Mine . 17 0.. 190 AT THE 9.30 A.IVI. CALL TO-DAY— Com. Bank Syrt. 17 15 0 .. IS 0 0 Mortg. Corp. .. 0 5 10 .. O 5 S Jit. Morgan 117 2 .. 117 (! Golden Dawn .. 0 211 . 0 210 Stock, March, 1939-43, 31 ... 103 5 0 .. — Stock, November „ „ '38-52, 3i 108 17 0 .. 109 0 0 City ,of Auck., _ „ 1/1/43, 4J ... 105 10 0 .. 10t> 10 0 UNLISTED. Assoc. Motorists 1 1 .1 (pref.) 119.. 119 AFTER THE CALL. Com. Bank (pf) 910 6 .. 99 0 King Solomon . 0 3 o .. V f> •> King Solomon . 0 3 u-J .. u Auck. Gas (con.) 019 0 .. 0 1.) » N.Z. Breweries . 211 3 ~. -11 w 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 the case of local body issues, allowance is also made for 20 per cent interest reduction:— PER CENT PER ANNUM. £ s. d. Associated Motorists 9 3 0 Kefrigerator (con.) o ® - Bank of New Zealand g 19 - Reserve Bank o ll Mortgage Corporation ..... o u * CALL AMD DIVIDEND LIST. DIVIDENDS. Due. Roller Mills—lnt., ord., 7 p.c. p.a. Now Pukemiro —0 p.c i; ow Farmers' Freezing—6 p.c Now N. Broken H. —2/6, and bonus 1/ 10-day King Solomon —25 p.c Sept. 30 Renown Coll. —Pf. 7 p.c., ord. 3d Sept. 30 British Tobacco—Qrly., 1J p.c. . Sept. 30 Worksop —10 p.c Sept. 30 Milburn Lime —Final, 5 p.c Sept. — | Thames Theatre—3 p.c Sept. — Claude Neon (Syd.)—lnt., 7i p.c. Oct. 1 Bartholomew —Final, 2J p.c Oct. a Bank of Australasia —Int., 3/6 .. Oct. 4 Whlttome, Stevenson —6d Oct. 5 Farmers' Anct. —Ord., final, 4 p.c. Oct. 5 N.Z. Newspapers—lnt., 3 p.c. ... Oct. 9 Mount Morgan—lnt. 6d, and bonus 3d , Oct. 10 Milne and Choyce—Ord. and deb., 3i p.c Oct. 10 Yarra Falls—Final, 4 p.c Oct. 17 K.D.V. Box—Final. 4 p.c Oct. 21 Guarantee Corp.—Final, lid ... *. Oct. — Martha G. Mining—lnterim, 6d . Nov. 15 C. L. Innes—Pf. and ord., 8 p.c., also pref. arrears Dec. 1
AUSTRALIAN EXCHANGES. .YESTERDAY'S BUSINESS. SYDNEY, September 27. On the Sydney Stock Exchange to-day the investment market moved -further toward recovery. Broken Hill silver and lead concerns hardened and gilt-edged stocks improved three to eight points. The turnover in classified company shares was not heavy. This morning's sales included:—Commonwealth bonds, 3% per cent, 1949, £96 17/6; 4 per cent, 1938, £101 17/6. Tooth's Brewery, 54/6; Associated News, 23/3; Brokgn Hill Proprietary, cum rights 66/, lights 22/; Dunlop, Perdriau, 14/9. Later sales included:—Bank of New South Wales, £32; Commercial Bank of Sydney, £18; Associated News, 23/1%, pref. 23/3; Tooth's Brewery, 54/6; Queensland Brewery, 27/6; Beard and Watson, 17/9; Australian Gypsum, 16/9; W. E. Smith, 13/2; Sargents, 21/4%; Australian Glass, 80/; Goldsbrough, Mort, 29/9; Dunlop, Perdriau, 14/10; Henry Jones, 36/7%; Electrolytic Zinc, .preference, 33/6; Lustre Hosiery, 28/; Wunderlich, 21/3; Mount Morgan, 37/3; Mount Lyell, 18/7/4; Broken Hill Proprietary, cum rights 66/, cx rights 55/6; South Broken Hill, £5 0/6; Norths, £7 15/10%; Rawang, 7/8; Larut, 11/3; Placer Development, £5 10/,; Mount Kasi, 21/6; Tavua, 8/2; Mineral Development,- 5/10. Melbourne sales included: —Commercial Bank of Australia, 16/7; National Bank (£5 paid) £6 11/, (£lO paid) £13 15/; G. J. Coles, 65/3; Australian Glass, 80/; Sulphide Corporation, 11/9; Zinc Corporation, 55/: Mount Lyell, 18/9; Enterprise, 95/; New Morobe, £13; Loloma, 41/; Emperor, 26/10%.
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Auckland Star, Volume LXVI, Issue 230, 28 September 1935, Page 4
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863ON 'CHANGE. Auckland Star, Volume LXVI, Issue 230, 28 September 1935, Page 4
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