ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 250, 22 October 1935, Page 4

ON 'CHANGE.

A LITTLE MORE BUSINESS. VALUES MAINTAINED. FARMERS' TRADING FIRM. Business oil the Auckland Stock Exchange, though still very quiet, showed some improvement over yesterday's dull record.' A fair list of sales was put through at the morning call, mostly on the basis of recent values. In the banking section Commercials were firm between 16/7 and 16/9, and New Zealands were unchanged, from £2 10/3 to £2 10/6. Reserves' were offered 1/ lower, at £6 8/, withqut attracting any offer from buyers. There was a good demand for insurances at the lower levels lately established. After South British had had further business at £4 8/6 there were buyers for those shares at £4 8/3, for A.P.A.'s at £1, New Zealands at £3 2/6 and Standards at £3 4/. Coal shares also had a good market, with buyers for eight separate issues. Farmers' Trading shares were active, with sales ;it 7/2 and 7/3, after which buyers moved up to 7/4 without securing supplies. Stronger At Noon. A further rise of 3d was made in Farmers' Trading at the noon call, and buyers stayed in at 7/5 with seller? Id higher. The general tone of the market was stronger, though the turnover was light. Buyers of Reserve Banks came in after a long silence at £6 6/, this being 2/ below holders. More interest was shown in mining scrip, and buyers' limits were advanced for half "a dozen issues.

SAX.ES completed. AT THE 3.1 B P.M. CALF- YESTERDAY— Last Sale. £sd £ s d E.S.A. Bank ... 550 .. 556 Martha 1 0 6 .. 1 0 0 Mataki 0 2 04 .. 0 2 OJ Waihi Invest. . 014 0 .. 014 11 Stqek, 1043-46, 4 p.c 105 5 0 .. 106 30 0 Broken Hill ... 214 3 .. 213 9 Farm. Trading . 072.. 070 AT THE 10 A.M. CALL TO-DAY — South British . 4 8 6 .. 4 8 6 Oamaru Worsted 116... — Broken Hill ... 214 3 .. 214 3 Dunlop 0 15 14 .. O I■> — Farm. Trading . 0 7 2.. 0 7 2 Farm. Trading . O 7 3 .. 0 7 - Mataki 0 2 Oi .. 0 2 OJ Mt. Lyell 010 b .. 019 9 AT THE 12.15 P.M. CALL TO-DAY— Bank of A'sia , 11 2 6 .. 11 5 0 South Brit. Ins. 4 S 0 .. 4 8 6 Farm. Trading . 0 7 5.. 0 7 S INTEREST RATES. The return to the investor on bis 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. E., S. and A. Bank 3 10 2 South British § 0 3 Farmers' Trading 5 11 C Broken Hill .. . : 4 12 2 UNOFFICIAL STOCK. Buyers. Sellers. Assoc. Motorists (prf) 1/2/0 .. 1/5/0 Ak. Farm. Freez. (£1) 19/3 .. . — Auckland Trot. Club, 1/4/39-44, 6} — . . 102/0/0 Astral Products .... — •. 14/0 Amalg. Tobacco — .. 10/0 Brit, and Dom. Invest — .. 8/0 Brunner Col. (shares) — .. 5/0 Citizens' Perm. Build. Society :.. — • • 1/5/0 Hellab.v's (6 p.c. prf) 1/1/6 .. — John Fuller. 1949. 64 78/0/0 .. — Johnston's Blue Taxis 1/6 .. Loyal — •• VO/0 Loyal (pref.) — •• 1/0/0 Modern Shoes ..: — 1/6 • • —

N.Z. Marble, 1/11/43, 6 — • • 103/0/0 N.Z. Perp. Forests . 2/14-6 ..' 3/0/0 N.Z. Perp. Forests xtfiBSU::::::: m North. Invest. Trust o/0 .. 6/9 Onehunga Building . — 22/0/0 Palmer. Collins and Whitaker 1/2/0 .. — Palmer, Collins and Whitaker (pref.) . 1/0/0 .. — Redwood Forests (£1 „ /n shares) ~ /n " 6/0 Sllknit 1/9/0 • • ,^ /0 Tiproff - VWO •• 2/0/0 Tru - Colour Film (vendors) — •• 2/J/0 Wellington Publishing Co — •• o/I %'Z Were's (5/ paid) — •• °/ rf Whakatane Paper Mills 5 /° - s ~ no Williams' Rotary .. — •• -' xv Wilton Col., l/ 5/40. _ e p.C. i oo^ o l/l/O Woolwo D rth'(Syd.')i ord 5/9/6 .. 5/11/6 Woolworth (W.A.) . S/./6 .. 8/17/6 Alluvial Holdings ... 1/9 - Emperor 1 / 1 /" •• 'Wm Jones Nevis — •• 1/0 Tavua Develou <?/ _ 6/6 „V P ,*> ' _ .. 4/10/0 Sylvia • • ■ • • Upper Watut (4/ pd) 7/2 ..