ON 'CHANGE.

Auckland Star, Volume LXVII, Issue 104, 4 May 1936, Page 4

ON 'CHANGE.

WEEK OPENS FAIR. BANK OF NEW ZEALAND SELLING. ' I There was a norma) opening at this morning's call of ■ the Auckland Stock Exchange, with steady bidding at the ■week-end rates. Buyers came in more freely for Bank of New Zealand, and the shares were placed at £2 5/0 and £2 5/6, which compares ■with the last sale at £2 7/ a fortnight ago. Commercials were easy between 19/11 and £1 0/2. insurances were dull, the only buyer, being for New Zealands at £3 1/. In the coal section Xaupiris were active, with a market for the ordinaries between 17/6 and 18/6, and buyers for the preferences at £1 1/. Sellers of Peters Ice Cream raised their limits 6d, to £1 8/6.

Government stocks were in keen demand, but only one parcel was on offer, namelj* of *'38-'4l's, at £102. 10/. Owing to external noises from building operations the calling of unlisted shares was deferred till the noon call. Weaker Tone in Banks. There was a noticeably weaker tone in the banking section at noon. Buyers of Commercials dropped back to 19/S and holders reduced their limits to £1. Buyers dropped out for all other issues, except New South Wales. Insurances remained dull, with buyers of New Zealands Cd lower after a sale at a reduced figure. Kauri Timbers were available 6d below the morning figure, and a buyer offered a penny more. Interest was shown in the brewery section and also in industrials, but little business resulted. Peters Ice Cream. Through inadvertence the shares in Peters Ice Cream were quoted on Saturday as sellers 18/ instead of £18/. SALES COMPLETED. AT THE 10 A.M. CALL TO-DAY— Last Sale. £sd £ s d Bank oif -NVZ. .. 2 5 0.. 2 7 0 Bun!? of N.Z. ..256 .. 250 Tooth's 213 O .. 212 O Devon. Steam .... 1 1,3 .. 113 G. J. Coles .... 3 13 3 .. 3 13 3 Wilsons Cement 2 3 6.. 2 3 6 Talisman 011 3 .. 011 3 Wailii 011 S .. 012 0 AT THE 12.15 CALL TO-DAY—. Bank of N.Z. .. 2 5 6 .. 2 5 6 N.Z. Insurance . 3 10.. 316 Staple's Brewery 114 -3 .. 114 6 Colonial Sugar . 41 15 0 .. 41 li 6

CAIX AND DIVIDEND LIST,

DIVIDENDS. Due. Union. Oil—lnt., 6d Now Bank of Adelaide —Int., 4 p.c. p.a. May 6 Martha Mine—Final, 1/ May 8 Sharland—lnt., ord. and pf., 2i p.c May 11 Macky, Logan—Final, 3J p.c. .. May 12 Bycroft—Final,* 3 p.c. .. May — Mosgiel Wool—lnt., 4 p.c. ....... May 13 Dalgety—lnt., 2/6 • May .15 National Insurance —Int., 4d ... May 13 Broken Hill P.—Half-yearly, 1/3 May 20 N.Z: Paper Mills —i-Flnal, 4 p.c. . . May 20 Bank of New South Wales— Qrly., 5 p.c, p.a...... ;... May .27 N.Z. Newspapers —Final, 3 p.c. .. May 27 Donaghy's Eope-r-Final, 1/3 .-... May. Henry Jones —Int., Cd June 1 Broken Hill South—2/6 June 13, INTEREST RATES, Tlie 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. •• ■ • • '•■■■■ 35 s. d. Bank of New Zealand -i i U •Tooth's 4 14 4 Devonport Steam. 4 14 0 G. J. Coles 3 8 3 Wilsons Cement 3 9 0

EXCHANGE RATES.

NEW ZEALAND QUOTATIONS,

Following are the latest rates for purchases and sales of foreign exchange, quoted by the Bank of New S-outh Wales, Auckland. They are subject to alteration without notice:—

To £1 N.Z. On Demand. Currency. T.T. Baying. Selling. U.S.A., dollar .. 3.952 4.00J 3.96J Canada, dollar . 3.96J 4.011 3.97 i Austria, sch. .. 20.77 — 20.79 Belgium, beiga . 23.341 — 23.352 C.-Slovakia, cr. . 95.05 — 95.10 Denmark, kroner 17.894. 18.164 - 17.904 France, franc .. 60.01 61.29 60.05 Germany, r.m.-> 9.801 — 0.806 Holland, florin . 5.800 G.OIO 5.804 Java, florin .... .5.761 5.981 5.765 Norway, kroner. 15.893 16.243 15.903 Sweden, kroner. 15.489 15.844 l."i.4'.iii. Switzerland, fr.. 12.109 12.484 12.114 Noumea, franc . 58.64 63.09 58.70 Papeete, franc . 58.79 63.09 58.85 Hongkong, d. to $ 20 25-64 18 51-64 20 23-64 India & Ceylon, d. to rupee .. 22 29-32 221-32 22 57-64 Japan, d. to yen 17 41-64 — 17.625 Kliiingha l , df to $18 41-64 17 5-64 18.625 Singapore, d to 5 35 31-64 34 15-64 35 15-32 FOREIGN QUOTATIONS. British Official Wireless. (Received 12.30 p.m.) RUGBY, May 2. . Foreign exchanges on London to-day, compared with rates previously quoted : — May 2. May 1. Par. Montreal, dol. . 4.95 4.951 4.866 New York, dol. 4.9315-16 4.93 i 4.866 Paris, franc .. 75 75 1-32 124.21 Brussels, belga 29.221 29.211 35 Geneva, franc . 15.194 15.203 25.22 Amsterdam, fl. 7.25J 7.25J 12.107 " Milan, lire ... 62.75 €2.75 92.46 Berlin, r.m. .. 12.29 12.29 20.43 Stockholm, kr. 19.301 18.159 Copenhagen, kr. 23.3il 23.37* 18.159 Oslo, kr. 19.904 19.905 .18,159 Vienna, sch. .. 20.50 26.50 34.585 I'rague. kr. .. 119.50 119.50 164.25 Helsingfors. mk. 227 227 129.2Madrid, pes. .. 36 7-32 36 7-32 25.221 I.isbon, escu. . 105.125 108.125 110 .Athens, dr. .. 523t 521f 375 Bucharest, lei . 670f 670f 813.6 Rio, mil 4.25t 4.25t 5.9 d B. Avres, dol. . 35 35 47.62 d M'video, dol. . 30f 30f old Bombay, rupee 18.875 18.125 lSd Shanghai, dol. 14.50 14.50 * Hongkong, dol. 15)3-16 15 13-36 • Yokohama, yen 141-16 141-16 24.58 Batavia, fl. ... 7.24J 7.24J 12.10 Belgrade, din. . 217 217 276.31 All quotations are for cable transfers. •Determined on the price of silver. t^eilera.