ON 'CHANGE.

Auckland Star, Volume LXIX, Issue 77, 1 April 1938, Page 4

ON 'CHANGE.

NOT SO BUSY. COLONIAL SUGARS ADVANCE. Thp slight spurt on the Auckland Stock Kxehangp liotprl on YVednpsda.v afternoon! and yesteidny niorninz was not sustained, and subsequent business has bppn only rnnrfrra I. p. In the banking section Australasias ivptp quoted ex dividend with buyers at £!> 12. an I no sellers. Now Zealands «p'-p stpady. with iresh business at 43 3. and Nationals were again in demand at •VI 3. Australian metal share* were dull. Bii.\pik ilni>t o\ i•< I their limits slightly m the ease ol Kloet roll lic /ine 01.1 ina lies ami \ 111 ill Hioken ilill. lr.it lowered them lor Kli'cl roll tic Zinc pr"l'ercnco.s. Mount I.x el Is and 111 >>l<■ ■11 Ilill South. Colonial Nilgais responded to an inipnived inquirj with a sale .L'l higher ,il £47. Dominion miscellaneous issues showed little (■ 11 alili o. Whakalane Paper .Mills sold .'III I lieapcr at 9. Ilomiiiiient linos were \Pi,i til in. ,\ sal.' ol' 1953-57 l.onds at £98 12 li was 7 ti low er than the |ire\ ions transaction. hit in the interim a ha Ifj par's interest has been p.lid. Interest Flags at Noon. Business showed a further decline at (lie noon call, only three sales being repnited. Two were in British Tobaccos at a drop of 7d. Broken Kill I'ropiietary came closet to business with a market, between i' 2 IS 9 and £2 If !>. but buyers for KlpctroIvtif! Zincs dropped out, leaving sellers at £2. Lack of interest was reflected in the unchanged quotations for nearly everj other share called.

SALES COMPLETED. AT THE 3.16 P.M. CALL YEBTERDAY—Last Sals. £ s rt £ s (1 Rank of A'sin . 10 no 11 7 h Bank .if N.Z. .. -j :i 3 .. 2 :t r. V Z Insur«n<o . 2 If) 6 .. a O U Trad. Finance (cont.) 0 4 7 .. 0 4 0 Farm. Trading . 1 o 3 1 '» '• Grey & Mcnzles O J.'i 6 .. 01 5 V AT THE 10 A.M. CALL TO-DAY— Bank of N.Z. . 2 3 3 *. 2 3 3 Kauri ■... 1 1 6 .. 1 1 5 Colonial Sugar . 47 o <> .. Hi <> o Bonds, 15/1<53 57 'OX 12 « .. 90 o O Stock, 15/2/43-40 HVJ 7 6 ..102 7 0 UN'LISTED. Whakatnne Tajicr | Mills 0 5 9 _ 0 6 0 AT THE 12.15 P.M. CALL TO-DAY— • British Tobacco 2 7 8 .. 2 8 t British Tobacco 2 7 6.". 2 7 8 Hays 1 0 6 .. — INTEREST RATES. The return to the investor on his outlay, based wpon the latest dividends, works out as follows on the latest gales. When Government stocks are included, the calculation provides for redemption at the earlier date of maturity. When payment if 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. Bank of Australasia 4 1 6 Bank of New Zealand 4 12 r> N.Z. Insurance 3 7 8 Kauri Timber 6 1!) 7 British Tobacco 4 4 3 Traders' finance (con.) .... 8 3 6 Colonial Sugar 3 4 3 Farmers' Trading 6 18 3 Grey And Menzles 4 8 11 LONDON QUOTATIONS. (Received 11,.30 a.m.) LONDON", March 31. Clutha River Company, buyers 1/7%, sellers 1/0; Molyneux River Company, buyers 10'/id, sellers 1/lMs.