ON 'CHANGE.

Auckland Star, Volume LXVIII, Issue 259, 1 November 1937, Page 4

ON 'CHANGE.

FAIR OPENING TO WEEK.

MOST VALUES STEADY

Although turnover was small nt the first call of tin- week on 'Change, the market tone was quite hhihl, nnrl bidding was steady, lutci.'si in Aii.-tiiiliitii industrial ISKIIFH slackened Hllh ,1 slight ledUetlOl) in bluer*' nll'.Ts. mill no sales in this class wrrp ri'coi ili'il. In the banking section birvers moved up to £11 7 (i {,„■ Adi'l.iides in,| i,, c.|3 10/ for New South Wales. New Zealand* were unchanged between t'2 3, 10 to £'2 4/. In the h'nimeinl section Dominion Investment,, ■■••nt iini.'.l linn, with buyers at IS 11, sellers having « illulnlwn. Kenown Colli,m-v shares were in deiniind. and a substantial parrel of the preferences was placed at 2/0, u drop of 3<l since last sale in August. Woolwoi ths i.V.Z.) shares were firmer. "'l'll liu.vem lor the „ld JsNiu- at five KinneiiH and I'm- the new nt £ ."> 3/0. Mount Mntoiis hnd a .close market between I I (i a nd I I '11, Government, stinks showed little change. Busy nt Noon.

There was a f'jiir How of orders during tho morning, and a satisfactory turnover was recorded ~i. the „„„„ ~a | | t.hough Australian industrials were still ratlier quiet. Recent Miming in New Zealand Wnolworths was confirmed with a sale 3 6 higher, at £.-. ll'. Renown Collieries preferences hud more business „t 2 «, with n later market close between 2/4 and 2'B. Tin Breweries were again on offer at Jt2 In/, and a buyer came in nt £2 12'. There worn heller buyers for Electrolytic Zinc preferences and for Itritish Tobaccos.

■ALES COMPLETED

AT TMt 10 A.M. CALL TO-DAY— Last ••(•. £Hr ' £sd RMnitti Cnl. (pf> ii 2 II . o ■> 0 Doiti. Kerllli'.M- I :i 111 .. 14 0 lloiii. Briberies 2 0 0.. 200 Olslinrne Sleep farmers HH 15 o .. 101 0 0 f.NMSTKD. Woolworth (Syd) 10 6.. 108 AT THE 12.18 P.M. CALL TO-DAY— Rank of N.Z. .. 2 :i 11 .. 2 311 Newton King . o 1 o .. Ronown (HI ipfi 0 2 6.. 026 Doni. Breweries (-') 2 0 0 ... 2 0 0 Doin. Breweries (odd lot i 2 0 8.. — N.Z. Breweries . 2 S 0 .. 2 8 0 N.Z. Breweries (2) 2 S 10 .. 2 8 9 Broken 11111 l'ty (rts., odd lull 1 10 7 .. 1 10 0 O. J. Coles 41H 1 . . 4 13 11 Woolworth (N.Z.) 5 «! O .. 5 2 11 Urand .Tunc, ... O 2 10 .. 0 2 10 Auckland t'lty, 1/1/44-U'l 10-1 0 0.. — Mount KMon, 1/4/44-47 l<r_> O O .. — NEW LISTING. I ANDERSONS, LTD. Cumulative 5 per cent first preference •hares of Anderson's, Ltd., Christchurch. have been listed on the New Zealand Stock Exchanges.

WOOLWORTH* (N.Z.) SHARES.

DIVIDEND PARTICIPATION,

Owing to varying rates of dividend ••partite issue* of Woolworth* (N.Z.) shares are being quoted on th# Auckland Stock Exchange. The udvised that all ordinary '.'share*/ iiwiied nrior to August :U, 103?,-would/ participate i» the full final dividend declared in respect of the half year ended, September 30. These abates are nouf listed as old shared with a market levet of £5 6,'. The issue of 186,070 shares made alter August 31 will only participate to the extent of one-sixth ,0f tho amount of dividend payable for 'the-half-year ended September, such capita 1 having been in operation for only one' month of the half year. These are listed as new shares, the market price Of Which is npotmd £5 4/3.