ON 'CHANGE.

Auckland Star, Volume LXVII, Issue 59, 10 March 1936, Page 4

ON 'CHANGE.

BUSINESS RATHER QUIET.

COMMERCIAL BANKS STEADY,

Business on the Auckland Stock Exchange lias been rather quiet over the past 24 hours. At this morning's call blading was scarcely so keen as it has been. In the banking section Commercials were the only lirm line, being quoted between £1 0/5 and £1 0/0. New South Wales were steady at £34 10/ to £34 17/6. Aew Zealands were weak, with best buyers at £2 5/9, and there were no offers for Reserves. ' Hie insurance section- was dull, with no buyers for Dominion issues. Auckland Gas shares were easier, with a market between £ 1 5/4 and £ 1 5/8, and Roller Mills were also easv, being quoted from £1 4/6 to £1 6/6. There was a good demand for Government stocks, and late rates were easily maintained. Woolworths (Sydney) con-i tinue to soar, and were quoted from £6 13/6 to £6 15/. Gas Shares Lower. At the noon call easing in Auckland Gas shares was confirmed with a sale 4d lower, at £1 5/6. Commercials improved, with business at £1 0/5. Weakness in Bank of Xcw Zealand persisted, and sellers dropped to last night's sale price of £2 6/6 without leading to business. 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 made for 20 per cent interest reduction:— PER CENT PER ANNUM. £ s. d. Bank of New Zealand 4 6 0 Bank of N.Z. (D M0rt.).... 5 3 0 Union Bank 3 2 10 Mortgage Corporation 4 18 2 United Building* (Auckland) 5 0 0 New Zealand 3reweries .... 2 13 6 New Zealand Refrigerating 5 8 S Mount Lyell 2 0 5 Stock, 4, '46-'49 3 16 0 Auckland City, 4i, 1/6/53 3 14 6 Commercial Bank 2 17 0 Auckland Gas 4 6 3 Martha 6 7 4 Grand Junction 10 10 6 SALES COMPLETED. AT THE 3.16 P.M. CALL YESTERDAY— Last Sale, £sd £ s d Bank of N.Z. .. 2 6 6 .. 2 7 O Bank of N.Z, CD Mort.) 1 0 O .. 1 9 3 Union Bank ... 917 O .. 9 17 0 United Building (Auck.) 10 0.. 0199 N.Z. Breweries . 2 12 3 2 12 0 X-.Z. Kefrig. ... 10 3.. 1-23 Stock", 46-49, 4 . 103 10 0 .. 103 17 6 Mt. Lyell ~149.. 143 AT THE 10 A.M.-CALL TO-DAY— Mortg. Corp. ... 0 4 7 .. 047 l)om. Breweries 113.. 113 Broken Ilill, con 115 9 .. — Mt. Lyell - 14 7 .. 1 4 9 Bonds, 46-49, 4 . 103 15 0 .. 103 10 O Bonds, 52-55, 4. 103 15 O .. 103 12 6 Ak. City, 1/6/53, 41 106 15 O .. — A" THE 12.18 P.*. CALL TO-DAY— _ Com. Bank .... 105.. 104 ' Westport, Stock- „ „ „ ton 0 1 o .. 0 16 Auckland Gas . 1 o 6 .. 1 010 Anthony Hordern 10 6.. 11l Martha 019 o .. 019 o Grand Junction 0 3 9.. O 3 (i CAIX AND DIVIDEND LIST. DIVIDENDS. Due. Rawang—3d, and bonus 3.'. stg. Mar. 12 Broken Hill S.—Div. 2/6, bonus 2/6 4 ..... Mar. 14 Elec. Zinc—lnt., ord. and pf--4 p.c. - Mar. 19 Gillespie's Beach —5 p.c. ...... Mar. 19 Huddart, Parker —Final, pf. 3 ' p.c., ord. 31 p.c. Mar- 21 Maori Gully—6 2-3 p.c. a share Mar. 24 N. Broken Hill—lnt. 2/C, bonus 1/ Mar. 27 Bank of A'sia—Final, -4/3 ster- • ling, less English income tax .. Mar. 27 Hume Pipe (Aust.) —Int., 5 p.c. p.a. Mar. 30 Milburn Lime—lnt., 32 pc. Mar. — British Tobacco—Qrly'., 1| p.c. .. Mar. 31 Howard, Smith—PL 6 . p.c. p.a,» ! . ord. 25 p.c Apl. 6 Sharland—lnt., ord. and pf., 2£, . p.c. ."v? May 11 CALLS. V Timaru Brewery—2/6 -i.* Mar. 21 Mortgage Corporation—s/ a share Apl. 1 Mount Morgan—New issue, 2/6 . Apl. 15 LONDON QUOTATIONS. (Received 11.30 a.m.) LONDON, March 9. Mount Lyell, 18/9; New Guinea, 3/4 V 2.