ON 'CHANGE.

Auckland Star, Volume LXVII, Issue 207, 2 September 1936, Page 4

ON 'CHANGE.

BUSINESS ONLY FAIR

GOLDSBROUGHS FIRM

There has not been a great ileal of activity on the Auckland Stock Exchange since yesterday's report appeared. Turnover has been moderate and values steady.

in Australian issues the only notable feature lias been a tinning up in Golds; broughs, a reflection of the successfu opening of a new wool selling season in Australia. G. J. Coles showed little reaction to news from the annual meeting At this morning's call the shares sold at £4 0/6, with lacer quotations irom £4 tc £4 0/9. Wool worths (Sydney) continued weak, best buyers stopping at £5 3/6, but there were no sellers. The banking section was steady, but Commercials cased, with a market between 18/3 and 18/6. New Zealands were from £1 19/2 to £1 19/9. Gas shares were steady at the new level, selling at £1 3/, with a later market from £1 2/10 to £1 3/2. Dominion Breweries were again in request, with a buyer at £1 9/9 and nc sellersUnion Oils were firm, and a buyei moved up 3d, to £1 11/3, without interesting holders. Government stocks were in request foi all issues, but after a sale of o'/a's unchanged, at £103 15/, the only line on offer was a parcel of '49 bonds, for which £106 10/ was asked. Better Tone Evident. There was a healthier tone in _ the market at noon, when several advanc-es in values were recorded, particularly in Bycrofts, New Zealand Breweries and Australian Glass. Among the banks, Commercials had their limits narrowed to a penny, and Xew Zealands had sellers a penny lower, at £1 19/ S. New Zealand Insurances were still in request at the ruling rate. For Auckland Gas offers were raised a penny. There was a firm inquiry for Kaiapoi Wools, buyers moving up to 15/7. New Zealand Breweries had an unsatisfied demand at the new price, with sellers at £2 12/9. The improvement in the' miscellaneous sections was reflected in better quotes for British Tobaccos, Electrolytic Zincs and Farmers' Fertilisers. Consolidated Bricks closed between 9/5 and 9/6. SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. £ s d Union Bank ... 9 9 G .. 910 O Howard Smith . OIS S .. 0 19 2 Howard Smith . OIS 9 .. 0 IS S Morts Dock ... 010 10 .. 010 6 X.Z. Farm Pert 1 0 6 .. 10 6 Waihl 0 10 9 .. 010 S Jit. Morgan .... 0 13 3 .. 013 2 Bonds, 46-19, 4 . 100 0 0 ..105 15 0 Stock, 46-49. 4 . 106 O 0 .. 105 17 6 AT THE 10 a.m. CALL TO-DAY— X.Z. Insurance . 3 2 3.. 3 2 3 Xat Insurance . OIS 3 .. OIS 3 Breweries (rts) . 0 6 0.. 0 l> 0 Auckland Gas . 13 0.. 130 G. J. Coles 4 0 6.. 4 0 3 Mt. Morgan 013 3 .. 013 3 Stock, 3S-52, 3} 103 15 0 .. 103 15 0 UNLISTED. Woolwortli (Syd) 5 4 6.. 5 6 6 AT THE 12.16 P.M. CALL TO-DAY— X.Z. Insurance (2) 3 2 3.. 323 Doui. Breweries (rights) ...... 0 6 1 .. 0 6 0 X.Z. Breweries „„ , ~ (■Jj 232 6 .. 212 0 Aust. Glass ... 4IX a 411 T»v croft - 1 • • • - u Colonial Sugar . 43 0 O .. 43 0 O Upper Watut .. 0 3 2 .. 0 6 0 A %7%T . B "" d : 104 15 0. ..,*O4 10 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 made for 20 per cent interest reduction:— PER CENT PER ANNUM. £ s. d. Union Bank 3 5 0 National Insurance 4 - - New Zealand Insurance 3 4 d Auckland Gas 4 lu o HoSvard Smith - J® f Morts Dock j> IJJ 1 " N.Z. Farmers' Fertiliser ... o 7 4 G. J. Coles 3 - 0 CUSTOMS ASSESSMENTS. Bates of exchange ruling at the announced dates of departure of vessels named as shown in the following table:— Ashburton, America, dollars 5.011 Ashburton, Canada, dollars 5.03 Canadian Scottish, Canada, dollars . 5.02 Canberra Maru, Japan, yen 14d Monterey, America, dollars .••••••• 5.021 Golden Bear, America, dollars ...... 5.02 Hororata, America, dollars 5.03 i Chifuku Maru, Japan, yen 14d