ON 'CHANGE.
AN IMPROVED MARKET.
SALES AT HIGHER PRICES.
There wag a slightly better tone on the Auckland Stock Exchange to-day, and sales were made at higher prices. In the banking section bidding was dull, but New Zealands gained 3d with a transaction at £2 0/0 and more wanted at that figure, with holders back at £2 10/. Insurances also showed some recovery. South British were Od up with business at £4 7/6 and more wanted, .with sellers at £4 0/, Buyers for New Zealands moved up to £3, but holders asked 1/0 higher. There was freer bidding in the miscellaneous classes, both Dominion and Australian. Lewis Eady preferences were again on offer at 19/, and a buyer came in at 9/9. In the mining section Marthas were in demand at £1, but there were 110 sellers. There were buyers for all issues of Government stocks, and buyers moved up to £102 5/ for '39-'43 and to £101 15/ for '37-'4O. On The Mend. The improved tone noted at the first call continued during the morning, and was reflected in further price advances at the midday gathering. Bank of New Zealands gained another 4d, with business £2 9/10 and more wanted, with sellers up to £2 10/2. In actual business South British and New Zealand Insurances each gained 6d, with sales at £4 8/ and £3 respectively, buyers remaining in for New Zealands at £3 0/3 and for South British at the sales price. Australians were also better. INTEREST BATES. 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 FEII ANNUM. £ s. d. Bank of New Zealand ..... 4 0 3 South British 3 0 8 New Zealand 3 O S Auckland Gas ' 4 0 3 Farmers' Fertiliser 5 12 10 Glsborne Sheepfarmers', OJ, 1041 (5 5 0 Morris, Hedstrom . 4 0 0 Electrolytic Zinc 213 4 SALES COMPLETED. AT THE 3.18 P.M. CALF. YESTERDAY— Last Sale. £sd £ s d Bank of N.Z. (2) 2 0 3 .. 2 03 Auckland Gas . 15 0.. 150 Taiipo Totara .. 0 7 0.. 0 7 0 Farm. Fertiliser 010 6 .. 010 6 Matakl .... 0 1 101 .. 0 111 Glsborne Sheepfarmers, '41, 6i 101 10 0 .. 103 10 0 AT THE 10 A.M. CALL TO-DAY— Bank of N.Z. .. 2 0 6 .. 2 9 3 South British .. 4 7 6 .. 4 7 0 Tlmaru Brew., 7/6 paid 001.. 002 "Wilsons Cement 2 0 0 .. 2 1 0 UNLISTED. Woolworth (Syd) 5 5 0 .. 5 3 6 AT THE 12.15 P.M. CALL TO-DAY— Bank of N.Z. .. 2 010 .. 2 0 0 N.Z. Insurance . 3 0 0.. 210 0 South Brit. Ins. 4 8 0.. 4 7 6 Broken Hill (rts) 010 6 .. 010 2 Electro. Zinc .. 1 10 0 .. 110 O .Morris Hedstrom 13 3.. 140 N.Z. Farm. Fert. 010 6 .. 010 6 LONDON QUOTATIONS. AN IMPROVED POSITION. (Received 11 a.m.) LONDON, October 7. The Stock Exchange is strong, especially for armaments, and gilt-edged are better. UNOFFICIAL STOCK. ' Buyers. Sellers. . Assoc. Motorists (prf) — .. 1/5/0 Ak. Farm. Freez. (fl) 19/3 .. — Auckland Trot. Club, 1/4/30-44, 6i — .. 102/0/0 Astral Products .... — .. 17/0 Brunner Col. (shares) — .. 5/0 John Fuller, 1040, 6} 75/0/0.. — Loyal — .. 1/0/0 Lo.\fcil (pref.) — .. 1/0/0 Macky Logan — .. 10/0 Modern Shoes 1/0 .. — M.K. Millinery 1/11/0 .. — National Tobacco ... — .. 3/8/0 National Trading ... — .. 17/0 N.Z. Warble, 1/11/43, 6 p.c — .. 104/0/0 N.Z. I'erp. Forests . — .. 3/0/0 N.Z. I'erp. Forests (4/ paid) 11/0 .. — N.Z. Woolpack 11/0 .. IC/0 North. Invest. Trust 5/0 .. 6/9 Oamaru Worsted Wool (£1) — •• 1/3/6 Palmer, Collins and Whitaker (ord.) ... 1/1/6 .. — Palmer, Collins and Whitaker (pf) 1/0/0 .. — lied wood Forests (£1 shares) — ... _ J/X I{. H. Abbott, 51 (pf) — .. 1/0/0 Sllknlt — •• 1/12/0 Vacuum Power Corp. (12/0 paid) — •• 12/6 Wnikato Carbon. ... 60/0/0 .. — "Were's (5/ paid) .... 4/6 .. 5/t! Williams' Ilotary ... — .. 2/U Wilton Col.. 1/5/45. 0 101/0/0 .. — Woolworth (Syd.), ord 5/4/0 .. ■ o/«»/0 Woolworth (W.A.) .. — • • 8/10/0 Xtravac '/£ •• ~r.„ Alluvial Holdings .. 1/9 .. 2/3 Sylvia (20/ f.p.) — • • 4/10/0 , Tavua Gold Develop. (5/ paid) 4/6 .. 8/0 Upper Watut (3/ pd) — •. '/9
ON 'CHANGE.
Auckland Star, Volume LXVI, Issue 238, 8 October 1935, Page 4
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
This newspaper was digitised in partnership with Auckland Libraries.
Log in