ON 'CHANGE.

Auckland Star, Volume LXVII, Issue 143, 18 June 1936, Page 4

ON 'CHANGE.

BUSINESS KEEPS UP. INSURANCES FIRM. Cilice last report there has been a satisfactory turnover on the local Stock Exchange. At this morning's call insurances presented a very firm front, with inquiries for all issues. South British gained another Gd, with business at £4 12, 6 and more wanted, with sellers up to £4 13/3, and buyers for New Zealands at 4J3 4/ were met with a reserve of £3 5, (>. Nationals were linn between 18,4 and IS, 7. Banks were very quiet, being almost completely neglected. New Zealands were on offer at £2 2/9, with no buyers in tight. Coal shares were in demand, with buyers for nine separate issues, and a few buyers came into tiie timber section, Kauris being close to business from £1 3, (J to £1 3/7. There was a good demand for a big list of Australian issues, but buyers were less keen, and Broken Hills were quoted between £3 10/ and £3 10/9. Buyers for Berlei (X.Z.) moved up to £3 1/ without attracting holders. ileKeudricks had business at 3d lower, at £1 0/3, after which the market lay between 19/ and £1 1/3. Government stocks fluctuated slightly, sales showing an improvement in '40's and a slight easing in '40's and '4D's. Bank of New Zealands Weak.. The weaker tendency in Bank of New Zealands was further revealed in the quotations, £2 1/0 and £2 2/3, at the noon c;..i. In the insurance section buyers of Xew Zealands moved up to £3 4/0, and sellers of South British came in at £4 13/3. Kauris had buyers at £1 3/5, after a transaction 2d above yesterday's rate. Broken Hills lost a further shilling, after which buyers stopped at £3 !)/G. Consolidated Bricks had weak offers at 9/3. and the tone of industrials generally showed an easing in values. For Golden Crown buyers came in at the exceptionally low level of 0/, the lowest figure this year. SALES COMPLETED. AT THE 3.15 P.m. CALL YESTERDAY— Last Sale. £ s (1 £ s d U.S.A. Rank .. 0 4 0.. (! :! 0 Nat. Insurance . OIS 5 .. OIS 1 Auckland Gas . 1 5 10 .. J 5 I<> North. Steam .. 0 5 0 .. <> 5 O Mosgicl "Wool .. 010 0 .. !) 1". O Dom. Breweries 1 010 1 0 I! Aust. Glass ... 4 11 0 4 12 0 A list. Glass ... 4 31. <> 4 11 0 Broken Hill I'ty 311 0 .. 1 0 Couaol. Brick . 0 9 10 .. O 0 in Henry Jones .. 2 0 0.. 2 0 !> Peter's lee .... 1 5 Ji .. 1 4 (i King Solomon .. 0 1 10A .. 0 2 4 Grand Junction 0 3 4.. 0 3 3 UNLISTED. Nat. Tobacco .. 3 0 0.. 3 7 0 Self ridge's (new) ISO.. 1 7 9 Woolworths (Syd) 514 3 .. .>l4 Shillings 011 0 .. 010 0 AT THE 10 A.M. CALL TO-DAY — Soutli British . 412 6 .. 412 0 Goldsbrough ... 11l !> ■ • 11; J' Auckland Gas . 1 310 .. 1 oil McKendrick ... 1 0 •'! .. 1 0 • > Stock, 37-40 4 . 102 13 0 .. 101 1- •> stock, 43-46, 4 . 104 2 ('. .. 104 •> 0 Stock, 46-49, 4 104 0 0 ..104 2 0 UNLISTED. Pern. Forests .. 3 (> O . . 3 10 Selfridge's (old) ISO.. lob AT THE 12.15 P.m. CALL TO-DAY— Ivauri 1 3 7 . ■ 1 •> ■' Aust. Glass ... 411 0 .. 411 U Broken Hill t2) 310 0 .. «11 < Elect. Zinc (pf) 2 2 -. 2 0 .. Stock, 43-40. 4 104 2 6 .. 104 o O UNLISTED. Selfridge's (new) 17 3.. ISO INTEREST RATES. Xhe 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. E., S. and A. Bank - 10 South British - 1J ( j National Insurance 4 1 (> Auckland Gas 4 o 2 Mosgiel Wool 4 _ 1 0 Dominion Breweries 4 1.7 O Auckland Glass Broken Hill 3 10 <> Henry Jones 4 u .) Peters Ice 4 lb 0 Grand. Junction ........... 12 7 0 National Tobacco 3 ~ Goldsbrough 4 ° ~ Perpetual Forests 2 . Stock, 4, '43-'4O 3 10 0 Stock, 4, '40-'49 3 12 0 CALL AND DIVIDEND LIST. DIVIDENDS. Due. Glsborne Gas —11 p.e Now Robinson Ice Cream —6 p.c Now Hume Steel —Pref., half-year, 71 p c p.a June 20 Mount Lyell—lnt.. 6d June 22 Blackwater —Final, 2/ sterling.. June 2.3 Con. Gold—lrt„ 1/ sterling June 23 Aust. Glass--Final, pf. 4J p.e. ord. 10 p.C June 24 Wilsons Celnent —Final, 9d a sliare and bonus 5/ .Tune 24 Devonport Steam —Final, 2J ... June 25 Gear Meat —Int., 3d June 25 Farmers' Trading—Final, ord., 5 p.c lune 25 Waipapa Beach —Id per share .. June 25 N. Bkn". Hill —Div. 2/6. bonus 1/ June 20 British Tobacco—Qrly., 13 p.c. .. .Tune 30 Morris. Hedstrom —Final. 2J p.c. .Tune 30 Goldsbrough—Final, 5 p.c June — National Mortgage—lnt., 2J p.c. July 1 Dominion Breweries —Ord. and pf., 6i p.c July 4 Worksop—lo p.c. July C National Bank (N.Z.) —Final, 2 p.c. sterling July 11 Bulolo—lnt., 1 dol. 40 cents .... July 2 Placer—lnt., 50 cents July 2