ON 'CHANGE.
r WEEK OPENS BRIGHTLY. i BETTER TONE FOR BANKS. A new week opened briskly 011 the Auckland Stock Exchange, and a good list of sales was finalised at the first call. After a lengthy period of dullness banks showed some movement. There were more buyers about. New South Wales had a sale 2/6 higher, at £32 7/6, after which the market rested between £32 5/ and £32 12/6. New Zealands had their first sale ex dividend, being placed practically unchanged, after allowance for the dividend, at £2 4/. The market was easy, and there were further offers at the sale price, with buyers back to £2 3/8. Australian issues opened up well, with buyers for Hume Pipe at £1 0/3, Glass at £4 13/. Broken Hill had business at £3 12/6, unchanged, while I'Jectvolytic Zincs firmed 3d, .with a sale at £1 lb/o, leaving buyers iu for the ordinaries at the sale price and at £2 for the preferences. Dominion Breweries improved, touching a new high level at £1 6/. Government stocks showed little change, but the '55's were quoted ex dividend, buyers at £104. Mount Morgans Advance. A smaller list of sales was put through at noon, but the tone of the market continued firm. The main features were rises in Dominion Breweries and -Mount Morgans. J'"or Mount Morgans 3d more was paid than at the end of last week, and buyers were still in the. market at the higher figure, with sellers asking Id above. There was an unsatisfied demand for Dominion Breweries at the rise: of 3d, and holders stood off at £1 6/9. Consolidated Bricks were available at Id lower the morning call, and Woolworths (N.Z.) were asked for at 5/ higher. Among the banks New Zealands had slightly easier buyers' at £2 3/G. In the insurance' group buyers' limits were raised 3d. Self ridges continued to be most popular in the unlisted, and maintained their vjtlues. SALES COMPLETED. AT THE 10 A.M. CALL TO-DAY— Last Sale. £sd £ s d Bank K.S.W. ... 32 7 6 .. 32 5 0 Bank of X.Z. .. 2 4 0.. 250 Bank of N.Z. (D ' Mort.) 1 S 0 .. 1 § 0 Don). Breweries 16 0.. 1 o .) Broken Hill ... 312 (5 .. 312 6 Colonial Sugar . 41 17 6 .. 41 11 0 Consol. Brick . .0 10 3- -A 010 .6 Holder's Motors ■ • „ (pref.) 1 o 3 .. 100 K.D.V. Boxes „ (cont) - 0 3 9 0 4 3 Electro. Zinc .. 118 3 .v. 118 0 Maori Gully ... 0 0 114 .. 0 0 114 Mataki (2) 0 1 --> 0 14 UNLISTED. " Selfridge's (old) 15 6.. 1 5 4J AT THE 12.15 P.m. CALL TO-DAY— Devon. Steam . 119 .... 1 1 9 Dom. Breweries 1 6 •> l » " Broken Hill ... . 312 C .. ;; <? Broken Hill, con 210 .5 .. - 10. 3 Farm. Trading . 1 0- a - .. l V, a N.Z. Newspapers 2 2 0 .. - - « Mt. Morgan ... 010 S .. Ola o UNLISTED. Selfridge's (old) 15 6.. 1 5 6 Selfridge's (new) 1 o- 4 .. 100 CALL. AND DIVIDEND LIST. . DIVIDENDS. _ DueOamaru Wool—lnt., 2J p.c Now National Timber —Final, 2J p.c, . Now Gisbome Gas—li p.c. , - June 17 Hume Steel—Pref.. half-year, ,4 nc D June 20 Mount Lyell—lnt.. 6d ........ June 22 Blackwater —Final," 2/ sterling . . Juije 23 Con. Gold —Int., 1/ sterling June. 2d Aust. Glass—Final, pf. 4 J p.c. ord. 10 p.c June,24 Wilsons Cement —Final, 9a. a share and bonus 5/ .•> • June Devonport Steam—Final, 2J ... June _o Gear Meat—lnf.-, 3d - - June -u Farmers' Trading—Final, ord., 5 p -C- June 25 Robinson Ice —6 p.c June 25 N Bkn. Hill—Div. 2/6. bonus 1/ June 26 British Tobacco—Qrly., I'l p.c, .. June 30 Morris. Hedstrom —Final. 2J p.c. June 30 Goldsbrough—Final, 5 p.c. ..... June — National Mortgage —Int.. 21 p.c. July 1 Bulolo—lnt., 1 dol. 40 cents July 2 Placer—lnt., 50 cents July Dominion Breweries—Ord. and pf., 6J p.c. ••••• July 4. Worksop—lo p.c. ............. Jnly 6 National Bank (N.Z.)—Final. 2 p.c. sterling July 11 INTEREST BATES. 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 South Wales.. 3 19 Bank of New Zealand 4 10 11 Bank of N.Z. (DMort.) 5 4 3 Devonport Steam 4 11 11 Dominion Breweries ........ 4 19 2 Electrolytic Zinc 2 12 3 Broken Hill 3 9 6 Colonial Sugar 2 19 8 Holdens' Motors (pref.).... 5 3 3 ' New Zealand Newspapers . . 2 17 2
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Auckland Star, Volume LXVII, Issue 140, 15 June 1936, Page 4
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774ON 'CHANGE. Auckland Star, Volume LXVII, Issue 140, 15 June 1936, Page 4
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