ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 231, 1 October 1935, Page 4

ON 'CHANGE.

BUSINESS KEEPS UP. INSURANCES EASIER. There is a better tone on the Stock Exchange this week, and a fair number of sales are going through. At this morning's call tliere was a good list, and fresh bidding evidenced a satisfactory inquiry. The insurance section provided a weak feature, and a seller of New Zealand had to accept a further drop of 6d to secure a parccl at £3 2/0. More were available at that figure, but buyers dropped back to £3 2/6. South British were also a shade easier, with quotations from £4 11/ to £4 12/. There was a good inquiry for Government stocks. The '43-'4o's had a sale unchanged at £100 10/, and '38-41's, at £103 7/6, showed a substantial rise over the last sale at £101 10/. Australian miscellaneous issues attracted little attention, but Dunlops retained the over-night firmness, with quotations from 10/8 to 16/. 1 Easier At Noon. At the noon call E., S. and A. had a sale at £5 7/, a drop of 3/ since the last transaction in August. Tne market tone in this class seemed easier with the fresh biddings, some of the sellers' limits being reduced. In the insurance class, sellers of New Zealands raised their limits 3d, to £3 3/, but buyers failed to respond, tho highest bidder stopping at £3 2/, as against £3 2/6 at the first call. Among Australian issues Broken Hills came to a lower level between £2 14/ and £2 14/4. _____ SALES COMPLETE®.

Lett Sale. AT THE 3.1 B P.M. CALL YESTERDAY— £ a d •£ a d Com. Bank (prf) 9 10 6 .. 0 10 6 Bank N.S.W. .. 32 0 0 .. 82 0 0 Union Bank ... 9 2 6.. 926 South British .. 4 12 0 .. 4 12 0 Dunlop 0 15 2 ..0 14 6 Dunlop " 0 15 10 .. 0 15 2 Oillespio's Beach 0 13}., Oil* Walhi 1 15 0 .. 1 15 9' Orand Junction 0 3 9.. 0 3 10J Farm. Auc. (A ' pref,) 1 2 6 .. 1 2 6 Farm. Trad. (B pref.) 0 14 li „ 0 14 2 Booth, Macclonuld 1/6/37, 6i .... 68 O 0 « — UNLISTED. Perp. Forests .. 2 16 0 „ 2 15 0 AT THE 10 A.M. CALL TO-DAY— N.Z. Insurance . 3 2 9.. 333 Tooth's Brewery 2 14 3 .. 2 1j 0 Tul Brewery .. 2 2 6.. 220 Ni55, Newspapers 2 10.. 210 Woolworth (N.Z.) 5 5 6.. 556 Mutakl 0 1 11 .. 0 1 10 Mt. tyeil 0 18 8 .. 0 18 6 ML Morgan ... 1 17 0 .. 1 17 2 Stock, 38/41, 3i 103 7 (i ..10110 0 Stock, 43/40, 4 . 100 10 0 .. 106 10 0 UNLISTED. Assoc- Motors . 12.0.. 119 AT THE" 12.1B. P.M. CALL TO-DAY— E.S.A. Bank ... 5 7 0.. 510 O Tiiuplri 0 17 0 .. 0 17 0 Auck. Gas, con. 0 19 3 .. 0 ll> 0 Bank of N.Z. .. 2 10 6 .. 2 10 6 Jit. Morgan ... 117 0.. 1 l< O Stock, 52/55, 4 . Ill 10 0 .. Ill 10 0 INTEREST RATES. The Teturn 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. a. Commercial Bank (pref.) ..440 Bank of New South Wales ..326 Union Bank 37 8 Tooth's Brewery « 11 t> New Zealand Insurance .... 3 d l> South British 2 18 0 Farmers , Auet. (A pref.)... 4 9 0 Farmers' Trading p 11 0 Perpetual Forests J 17 Z Associated Motors 0 1 10 UNOFFICIAL STOCK. Buyers. Sellers. Assoc. Motorists (prf) 1/1/9.. — Ak. Farm. Freez. (£1) 19/8 .. — Auckland Trot. Club, 1/4/30-44, 01 — .. 102/0/0 Astral ' Products — .. 19/0 British Neon ....... — -. VO/0 Dalrnat Rotary — .. 18/6 Do c m p) s ™!.. (7 .. p :f: we., wo Harvey Oil 10/0 .. 1/0/0 John Fuller, 1949, 64 75/0/0 .. — Loyal : — •• Wβ Loyal (pref.) ........ — .. 1/0/6 Modern Shoes 1/6 .. — M.K. Millinery 1/10/0 .. — National Tobacco ... — .. 3 /°'% National Trading ... — .. 17/0 N.Z. Marble, 1/11/43, w/rwn 6 p.c- — ..104/0/0 N.Z. Perp. Forests . 2/16/0 .. — N.Z. Perp. Forests S8-; m North. Invest. Trust . 5/0 .. 6/8 ym Palmer, Collins and Whltaker (ord.) ... 1/1/0 .. — Palmer, Collins ana Whitaker (pf) .... 1/0/0 .. — Redwood Forests (tl 1/ . /ft shares) •• — '.' ,/X/n R. H. Abbott, 5} (pf.) — -. VO/0 St. Cuthberfs 31/1/42 _ s" c, " ::: F ::::: S :: 3 AValkato Carbon 60/0/0 .. Wrn-e's (5/ paid) .... — ••. "i* AVilliams Rotary ... , — •• -' x Wilton Col., 1/5/45, 6 101/0/0 .. — Woolworth (Syd) ord - •• "/U/0 Woolworth (W.A.) .- 8/0/0 .. — Xtravac (f 1 f-P-) • • • • 6 /0 • • ~ n Alluvial Holdings .. 1/9 •• "'.* Aloha Central v ■ — •• *(%% llmperor "" A/in/n Sylvia (£1 f.P-) ••••-. — V 4/10/0 X pald)?.°. W .. D . C . V :.." 7/6.. 8/6