ON 'CHANGE.

Auckland Star, Volume LXIX, Issue 67, 21 March 1938, Page 4

ON 'CHANGE.

BUYERS CAUTIOUS. DULL TONE PERSISTS. BUT BROKEN HILLS ACTIVE. Business quiet and values showed little change at the opening call on the Auckland Stock Exchange to-day. Buyers for Australian securities quoted slightly lower than Saturday in most cases, evidently awaiting developments, overseas. Broken Hill Proprietary were traded freely at a rise of 2d, but closed a sljade easier between £3 0.3 and £3 06. Buyers for Electrolytic Zinc "p r efs\ reduced their offers and bids for Broken Hili Souths stopped 1/ lower, at £1 11/, with sellers 2/ above. Local securities were very quiet, but remained Steady for the most part. Peters lee, however, had weaker sellers at £1 7'fl. with buyers 2/6 lqwer. Dominion Breweries were also easier between £1 17 6 and £1 18/3. In the mining section Golden Crown sold at a drop of 2d. Mnrtha's were quoted between 14'3 -,\nA .15/3. Government 'securities v.pre steady on the -whole, though 4 per cent, 1946-49, stock eokl 2, 6 down. Drop in Peters' Ice. A sale of Peters' Ice at JEI 5/3 was the outstanding feature of the noon rail. The last sale early this month was put through at a price 7/3 higher. The market -was even more sluggish than in the morning, and there were few chances in quotations besides a rise of a few pence in offers for Electrolytic Zincs. Mount Lyells and G. J. Coles. New Zealand Breweries were also firmer between £2 H '8 and £2 6/. SALES COMPLETES. AT THE 10 A.M. CALL TO-DAY—

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 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 ANNUM.

Last 8«'«. £ a rl £ s d Berlei (SyA) .... 2 © 9 *. — Broken Hill I'ty (3) 3.0 6 .. 304 Mt. Morgan (2) 0 9 6.. O ft « Golden Crown . , v 4 1 .. 0 4 ."> Stock, 1.V4'46-40 104 2 6 ..104 5 O Stock, 52-55 ... 104 ,5 0 ...104-5 0 AT THE 12.16 P.M. CALL TO-DAY— Peters Ice 1 5 3 .. 132 G Stock, 13/1/33-57 34 p.c OS 10 0 .. OS 7 (3.

£ s. d. Berlei (Sydney) 4 18 12 Broken Hill Proprietary ... 4 2 B Stock", 13/4/'46-49, 4 p.c... 3 13 0 Stock, 15/C/'52-55, 4 p.c. .. 3 14 0