ON 'CHANGE.

Auckland Star, Volume LXVIII, Issue 236, 5 October 1937, Page 4

ON 'CHANGE.

A STEADY MARKET.

GAS SHARES STILL LOW

There, was steady bidding at the first call of the Awekiand Stock Kxihange 10-diiy, with no outstanding features in the matter of price chantfea.

South HiilisU shaies showed little rouction to the piililicatiun of the annual accounts. A salo wan made ()d liitflier, at £4 13/, nftrr which Winers dropped bin k to £4 14,', and sellers withdrew.

11l tlie I > 1111 k 111 kC nee-linn a panel of AimtraliiHiiiH i < the muiket at fll 17/, and Innris fir New South Wales dropped [inek In £32 Id .

(}[\s shares had fresh business ;\X the lower level of U I 1 3. alter wlneli liuyeiH lemained ill at. CI 0,(5, Willi m> uelleln.

in tlie brewery i-Imch Imveis a.h meed their olVers lor Dominions to £2 i> l>. and lor Tooth's to £2 It'.t. while New /,. V lands had a market between J.'- l> .i and £2 1)1).

WonlwortliH were easier, the Sydney shares selliiiK 2 rlie,i|iei. »t Lil It . while New Zeal,in.ls wele quoted lowei, from £5 3/ to £."> ;> .

WilmiiiH I fun ills were .inain nenleitel. (invi't'lliluMil wtmks wen , "teadj .it late ratce.

National Banks Improve. The market was fnilly iirtive dining the morning, though value* win , still mtlier erratic. An mtt-ttninliiiix leatui-e «>s the l iso in Xiitioiuil Jiank-i to a sale at il'2 111 . showing n rise of 1 nine-o last .-ale a fortnigfit ago.

In the loan and ngency section both Dominion Investment mid Triider«' h'inance Icon.) wold lit slightly improved |>riecn. Kauri Timber iilno moved up a little. having bnwineHs and Inter buyers at CI 2/3, hut Farmers' Trading readied the lowest point for some time, selling lit £1.

Broken Hill South sold itt u drop of 1 . nnd North Broken Hill wore traded nt £.'{ 8/, showing ii dei'line of £1 3/9 since lust sale in March.

sa:les completed, at tml 3.1b p.m. call vmtirdmy — Last Sale. £ s d £ r il South British . 4 14 r> .. 4 I.'. '.1 Auck. (ias, eon. (• 15 0 .. i< 15 0 Macky, I/oitnn .. \ r> i> . . 1 4 t> AValrakel 0 7 0.. o 7 71 Stock, 52-35, 4 p.c 105 2 6 .. 105 O 0 TJNUSTKD. Wlknlt (N.Z.) . 210 O .. 2 8 6 AT TMB 10 A.M. CALL TO-DAY— South Brltlnh . 4 15 O .. 4 U « Gol(l«l>rousu (2) 114 3 .. 111 3 Auckland On« ...113.. 113 N.Z. Newspaper* IIS :i .. 118 « Holler Mills .. 110.. 1 1 O Stoefc, Nov., fiß- - 31 n.e. ... 10+ ."» O . . I(V4 5 O Broken 1111 l I'ty :i 17 1) .. 318 0 UNLISTED. Woolworth (SyU) 0 3 0.. 650 AT THB 12.18 P.M. CALL TO-DAY— 3{at. Bank 2 10 <t .. 2 IS O ltoui. Invest. .. 017 10 .. 017 l> Trad. finance , (cont.) 0 4 6.. O 4 .5 Kuurl Timber . 1 2 :'. .. <• Farm. TrntUna . 10 0.. 103 Morris HeiUtrom 1 1) o .. 1 » H N.Z. KeirlK, ecu .0 H> 0■ .. O 1)11 'A'nrannkl Oil .. 0 7 4.. O 7 4 «oiT&!l I s« :: in 1! R/*feS. - mr - v . The return to the investor on his outlay, based upon the Intent dividends, work* out ne follows on the latest Bales. When Government stocks nre included, the cnlculntion provides for redemption at tho earlier date of mnturity. When payment Jβ made in sterling, exchange is added. In the case of local body issues allowance is also made for 20 per cent interest reduction: — PEK CENT PER ANNUM. £ s. 6. South British =f }» «> Unldsbrotigh, Mort 4 18 4 Aucklond GaN 6 4, O Macky. Loitnn 4 1« O New Zoalnnd NcwHpapers . . 3 i) 8 Uollor Mills i. .....* 3 1(1 2 VValriikfl •• •» ° V Broken Hill Proprietary ... 3 4 4 Stock. 15/8/32-58, 4 J 13 - Sllknlt (N.Z.) 6 ° °