ON 'CHANGE.

Auckland Star, Volume LXVII, Issue 235, 3 October 1936, Page 4

ON 'CHANGE.

WEEK CLOSES QUIETLY. A FEATURELESS MARKET. WOOLWORTHS (N.Z.) IMPROVE. Only a moderate amount of business has been done on "Change over ■ the last 24 hours, and the tone of the market has been quiet throughout. At this morning's call Bank of New Zealands look stronger, having a market between £1 18/4 and £1 19/ —this was the only feature of the banking or insurance sections. An odd lot of Auckland Gas shares sold a penny higher, at £1 2/10, while the only other local issue traded, Farmers' Trading A preferences, showed a drop of 3d. Following a sale last night at the improved rate of £5 3/6, Woolworths (N.Z.) had buyers this morning at £5 4/. Offers for New Zealand Drug improved to £3 14/. Australian Glass sold 3d down, at £4 12/3, and were subsequently quoted wide between £4 11/9 and £4 12/9. Little interest was shown in the Government section, the only parcel offered being stocks, '37-'4O, 4 per cent, at £101 15/. SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— Last Sale. £ s d Bank of N.Z. .. 1 IS 6 .. 1 18 G Nat. Insurance . OIS 10 .. OIS 0 Farm. Auct. (B pref.) 1 1 6 .. 1 1 6 Trad. Finance (cont.) *0 3 0 .. 0 5 0 G. J. Coles (rts) 114 0 .. — Wool worth (N.Z.) 5 3 6.. 5 3 0 Martha 1 O 1 .. 1 0 1 UNLISTED. Alluvial Hold. . 0 1 3 .... 0 1 24 Waikoromiko .. 0 O G .. 0 0 (j AT THE 9.30 A.M. CALL TO-DAY— Com. Bank (odd lot) OIS 4 .. OIS 5 Ak.. Gas (odd lot) 1 210 .. 12 0 Aust. Glass ... 4 12 5 .. 4 12 6 Broken Hill (con, odd lot) 216 0 .. 215 6 Farm. Trading (A pref) 119.. 120 G. J. Coles (rts) 114 0 .. 114 O Mossy Creek ... 013}.. 015 INTEREST RATES. I

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 the earlier date of 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 AJJKUM. £ s. d. Bank of New Zealand ..... 5 3 11 National Insurance 3 19 S Australian Glass 3 5 1 Farmers' Auct. (B pref.) . . 4 13 0 Farmers' Trading (A pref.) 5 2 10 Traders' Finance (con.) ... 3 13 0 CALL AND DIVIDEND LIST. DIVIDENDS. Due. Howard Smith—Pf.. qrly., 1J p.c. Oct.. C Thames Theatre—s p.c Oct. 6 Milne and Choyce—Ord. and deb. stock, 4 p.c Oct. 10 Farmers' Auct.—Pf. 5 p.c., ord. 41 "p.c Oct. 10 G. J. Coles—Quarterly, 2J p.c. . . Oct. 15 Stock and bonds, 4 p.c., '46-'49— Half-yearly Oct. 15 Woolwortlis (N.Z.) —Int., pf., £2 14/ a share Oct. 15 Maftha- —Int., 1/ (stg.) a share Nov. 3 CALL. Skippers—Pf., 3d per share Oct. 19 LONDON QUOTATIONS. (Received 10 a:m.) LONDON, October 2. Mount Lyell, 23/9; New Guinea, 3/10'/£.