ON 'CHANGE.

Auckland Star, Volume LXVII, Issue 21, 25 January 1936, Page 4

ON 'CHANGE.

WEEK FINISHES WELL COMMERCIAL BANKS REVIVE. The tail-end of the week on the Auckland Stock Exchange saw a definite improvement in turnover. Bidding at this morning's call was steady with late values well maintained. In the banking section the chief feature was a renewal of the keen demand for Commercials, which had sales from 18/9 to 10/. E.S. and A. were very firm, with quotations between £6 and £6 3/. Xew Zealand Insurances improved 1/, •with a sale at £3 2/6 and more wanted at 62/. Mortgage Corporations were close to business with quotations from 4/8 to 4/9. Mount Morgans were easier with buyers back to 17/10 and sellers at 18/3. In miscellaneous, Australian Glass were prominent with a sale 1/6 higher at 86/. SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. £sd £ s d Bank of A'sia .. 12-0 0 .. 12 0 0 12.5.A. Bank .. 0 0 0.. 5 10 O Mat. Insurance . 0 IS 4 .. 019 2 South British .. 410 O .. 411 0 Kauri 1 3 li .. 1 3 0 Mosgiel 10 7 (! .. 10 5 0 Farm. Trading . 0 8 3 .. 0 8 2 Mt. Morgan, ilev 0 3 0.. 0 50 Bonds, 4, 37-40 . 100 10 0 .. 100 5 0 Bonds, 4, 43-40 . 104 12 0 .. 104 7 C UNLISTED. Woolwortk (Syd) 6 2 0.. 6 0 0. AT THE 9.30 A.M. CAUL TO-DAY— Com. Bank .... OIS 9 .. 0 18S Com. Bank .... 019 O .. OIS 9 Nat. Bank 311 0 .. 31l O N.Z. Insurance . 3 2 0 .. 3 1 6 West. - Stockton (pref.) 0 2 6 .. 0 - 8 Kauri 1 3 0 .. 1 3 b Australian Glass 4 6 0.. 4 4 6 Dom. F-ertUiser. 1 4 O .. 1 3 S G. J. Coles 312 0 .. 312 0 Morris Hedstrom 14 6.-. 140 Assoc. Motorists 15 0.. 146 AFTER THE CALL. Claude Neon, „ , „ (N.Z.) 2 0 0 .. 2 4 0 Doin. Breweries 010 O .. 019 o AVaihi 014 9 .. 014 0 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 m>de for 20 per cent interest reduction:— PElt CENT PER ANNUM. £ 6. d. | Bank of Australasia *3 14 9 ,E.S. and A. Bank 3 1 10 National Insurance 4 1 10 South British 2 19 3 Kauri u 6 4 Mosgiel 3 17 2 Farmers' Trading 4 17 0 Commercial Bank 3 1 6 Australian Glass 3 0 0 New Zealand Insurance ... 3 4 0 Dominion Fertiliser ' 3 6 8 G. J. Coles 3 0 5 Morris, Hedstrom 4 1 9 Associated Motors 8 0 0 •Subject to English income tax.

CALL AND DIVIDEND LIST. DIVIDENDS. . Due. Commercial of Sydney — Int., 6 p.c. p.a Jan. 28 Union Bank—Final, 2/6 per ehare Jan. 29 National Tobacco —Pf. 8 p.c., ord. 15 p.c. Jan. 31 N.Z. Refrigerating—sj p.c. Feb. — Chrlstchurch Gas—Final, 4 p.c. Feb. — Commercial Bank of Australia — Int., pf. 2 p.c., ord. 2J p.c Feb. 7 Wellington Gas—Pf. 5 p.c. p.a., ord., final, 4 p.c Feb. 11 New Zealand Insurance—lnt., 1/ Feb. 12 Queensland National Bank—lnt., 2 p.c Feb. 13 Elec. Zinc —Int., ord. and pf., 4 p.c. Afar. 19 Auckland Gas—Final, 2J p.c. .. Feb. 4 AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. i ' SYDNEY, January 24. On the Sydney Stock Exchange to-day loans and banks'continued active at firm rates, while industrials presented a much stronger front. This morning's sales included:—Commonwealth, 4 per cent bonds, 1944, £103 17/6; 1955, £104 7/6; 1957, £105 2/6; National Bank of Australasia (£5 paid), £7 4/6; Bank of New South Wales, £34 7/6; Toohey's Brewery, 30/9; Tooth's Brewery, 53/6; Anthony Hordern, 21/3; Associated News, 23/3; Broken Hill Proprietary, 59/3; Colonial Sugar, £43 5/; Howard Smith, 19/1%; Pitt, Son and Badgery, 40/; Winchcomhe-Carson, 32/. Later sales included;— Commonwealth 4 per cent bonds, I§3B, £101 7/6;. 1941, £102 12/6; 1944, £104; 1947, £105, 5/; 1950 £105 10/; 1953, £104 6/3; 1961, £106 5/; Colonial Sugar, £43 5/; Bank of New South Wales, £34 7/6; Commercial Bank of Sydney, £20; National Bank (£lO paid), £14 13/; Uifited Insurance, £11 13/; Australian Glass, 85/9; Goldsbrough Mort, 33/3; Morris, Jledstrom, 24/7%; Millaquin Sugar, 36/3; Anthony Hordern, 21/3; Mount Morgan, 18/; Zinc Corporation, 73/; Eawang Tin, 8/5; Placer, £5 6/; Victoria Nyanza, 7/3; Emperor, 13/4; Mount Kasi, 13/6. Melbourne sales included;— Commercial Bank of Australia, 19/4; National Bank of Australasia (£5 paid), £7 6/; Electrolytic Zinc, preference, 39/9; "Herald" and "Weekly Times," 64/9; Emperor, 13/5; Koroere, 5/9; Loloma, 26/9. LONDON QUOTATIONS. (Received 11' a.m.) LONDON, January 24. Mount Lyell, 19/. IMPROVED DEMAND. BUTTER IN LONDON. LATEST FROM TOOLEY STREET. The following cables have been received this morning by local produce dealers from their principals in Tooley Streft, London:— Mr. S. Withers (Rowson and Co.).— Cheese: White 53/, coloured 56/. Butter: First grade 91/, finest grade 92/.' Both > markets show an improved demand with an upward tendency. ■ a Messrs. Allen and Findlay (Messrs. w Armour and Company).—Butter: New Zealand salted 90/ to 92/, unsalted 100/, ustralan 90/6, Danish 116/; market firm. £ « e / w x Zea,and white 51/ to 52/, \ firm? 7to 56/ > Canadian 61/; market £ Ma^tinl eala AioSn er R Co-operative D Zealand 91/ to 92/ Cnklf m7 = G firm. Cheese: White 52/ u'wrf " oured 55/ to 55/G; market firm ' • * SSff I tralian S*fflS'-.hSi S - 52/, coloured 56/. Zealand white H _____ Ii GOLD AND STERLING. | LONDON, January 24. Gold is quoted at £7 0/10 per ounce. aoota , Am e«ean dollar is quoted at 4.99/6 to the pound sterling and the franc at 75 1-16.