ON 'CHANGE.

Auckland Star, Volume LXVI, Issue 299, 18 December 1935, Page 4

ON 'CHANGE.

BUSINESS IS QUIET. SALES SLOWING DOWN. A slackening in the demand on the j Stock Exchange is still apparent, and business is limited. At this morning's, call bidding was rather quiet, and only a| small list of sales was put through. | Reserve Banks had their first transac-! tion this week, which was unchanged at £5 15/0, but a subsequent sale was at Oil lower, after which buyers dropped back to £5 14/, with sellers absent. New Zealands improved a little, with quotations ■ between £2 8/ and £2 8/2. i Government stocks were offered a little more freely, and '46's were again avail- : able at £104 12/0. . j Woolworths Again. [ At the noon cr.ll there was fair bidding,' and a moderate turnover was recorded. Bank of New Zealunds had fresh business at £2 8/, leaving sellers in at that figure. Woolworths moved up to a new high level, with a sale at £0 1/6, and Broken Hills changed hands at £2 19/6, another sixpenny rise. SALES COMPLETED. AT THE 3.'5 P.m. CALL YESTERDAY— Last Sale. £sd £ s d Com. Bank .... 017 11 .. 017 11 Northern Steam (cont.) 0 1 G .. 0 1 4 Kauri 1 2 9 .. 1 2 6 British Tobacco 2 0 4i .. 2 0 0 Broken Hill ... 2 19 0 .. 2 17 9 Colonial Sugar . 42 10 0 .. 42 10 0 Golden Dawn .. 0 211 .. 0 2 9 AT THE 10 A.m. CALL TO-DAY — Com. Bank .... 017 11 .. OIT 11 Reserve Bank . 515 0 515 0 Reserve Bank . 515 0 515 6 N.Z. Insurance . 3 210 .. 3 3 0 Ak. Trans. B'rd, 1/4/44-53, 4$ . 103 10 0 — AT THE 12.15 P.m. CALL TO-DAY— Bank N.Z. (2) . .2 8 0 ... 2 S 0 X, Ak. Farmers' ' (A pref.) 016 0 ... — o Renown (prf) ..028*.. 0 - 0 Broken Hill ... - • • 7 t -in Morris Hedstrom 1 o 0 .. 1 41U Mt. Morgan ... 11 < 0 .. Ilb 0 l'lacer 5 5 0 .. J a 0 UNLISTED. Woolworth (Syd) 6 16.. 517 9 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 ■iterling, exchange is added. In the case >f local body issues, allowance js also made tor 20 per cent interest reduction:— PER CENT PER ANNUM. £ Sj d. Commercial Bank 3 5 2 Reserve Bank 4 I u New Zealand-Insurance a f « Kauri 5 JO 0 British Tobacco - 1J f Broken Hill Colonial Sugar ............ - i» Auckland Transport Board 3 lb 0 GOLD SHARES IN LONDON. LONDON, December 16. Bulolo gold shares sold to-day at £0 15/, compared with £6 9/8 A on 1H JS'ew Guinea, 4/9, as compared with 4/b/s. AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, December 17. An expansion in business on the Stock Exchange to-day was evidence of the desire of investors to secure stocks ana shares to hold over the holidays in the expectation that the market will open strongly in the New Year Sales this morning were: Commonwealth 4 per cent bonds, 1938, £101 12/0; 1941, £102: 1947, £103 10/; 1950, £104 12/6; 1953, £104 15/; 1955, £103 10/. Australian Gas, A shares, £8; Tooth's Brewery, oo,; Anthony Hordern, 20/6; Associated News, pref., 23/10%; British Tobacco, 41/3; Broken Hill Proprietary, 59/6; Broken Hid South, £5 14/; Henry Jones, 37/3. . This afternoon's sales included: Bank ot New South Wales, £32 15/; Commercial Bank of Sydney, £18 5/; National Bans (£5 paid), £7; Queensland National Bans, £5 10/; Colomai ougar, £42 15/; Associated News, 24/; "Howard Smith. 18/ D; Burns, Philp, 64/; Australian Gas, A shares, £8; British Tobacco, 41/6; Tooth 6 Brewery, 56/; Carlton 53/; 'Australian Iron and Steel, pref., 25/3; Golds brough, Mort, 31/10%; Wilcox, Moffhn. 10/8; Farmers, 27/3; Anthony Hordern, 20/4%; Amalgamated Textiles, 11/3; Henry Jones, 37/3; Edwards, Dunlop. 44/; W. H. Paling, ex div.. 16/2; Mort's Dock, 7/; Richardson and Wrench, 30/3; Mauri Brothers. 55/; United Provisions, 12/8; Yellow Express, 5/8; Peters, 43/0; Marcus Clark, 7/6; Metropolitan Gas, £14 4/: South Broken Hill. £5 14/; Zinc Corporation, 75/; Kuala Kampar, 15/6; Rawang Tin, 8/10; New Occidental Gold. 16/1%: Tavua, 2/7; Emperor, 19/4%; Koroere, 12/4. . . , Melbourne sales were: Commercial Bank of Australia, pref., £9 12/; Adelaide Steam, 31/; Australian Cement, 34/; British Tobacco, 41/; Gordon and Gotch, 45/: G. J. Coles, pref., 35/; "Herald" an 1 "Weekly Times," 63/6; Australian Glass, 83/6; Mount Lyell, 20/9; Enterprise, 72/6; Mount Morgan, 37/; Koroere, 12/; Loloma, 34/9; Emperor, 19/2.