UNOFFICIAL STOCK.

Auckland Star, Volume LXIX, Issue 224, 22 September 1938, Page 8

UNOFFICIAL STOCK.

8 Finance, Cotm ON CHANGE. i SLOWS CfrVN AGAIN. HARBOUR BOARD LOANS CHEAPEF Following a l, U( ,ier e».v yesterday th« Stock Kxchange opened quietly thk mom intf and only a few sales were finalaBBd ai the first call ami these reflected Say generally weak tone f>f the market. Hiililina was particularly slack' in tin hist three seetmriH, namely hanks, insi.v nni-H, nn.l loan ami n«eney. Hank of \V« /-'•a an.U were fairly steady, with l».iv>i> .H 42 I no seller*, while New Zeala-u I ii.-einm.es sol.I ti,| lower at. .VI' ami ; Ifiiyer came in for South British at 4.'l/. lUiont, Wenkn.vs in local lio Iv cleheji tin rs was stiikin K ly exemplified i„ (|, ( rune ol Hie Auckland Harbour Board 4ViV l!> "'Mil. which changed haiuls at-floO I."' rninpared with £ Ilj« j„ .|„| y . j, lst |„. to|t the hall.year's dividend was paid. Allowwijr for interest adjust men to this chows .1 drop ol approximately £3 17 9. In Government stocks there was a better demand at the low rates recently ruling, hut there were no often, for .->3-.->7 3'Vh, which were avail ible at £04. Australian industrials looked a little easier. Improvement at Noon. Bidding improved at the noon call. Australian imliistrials showing a slinh* ndvanie. while hanks and (government utockw unc f|iioted tinner. A sharp rise in Klectrolytic Zincs w.ir.tlie mam feature, the preference shares moving up 2/ to a sale at £2 a', witl. closintf quotations firm on that figure. Broken Hill Proprietary were active, the sale price heinjr above that indicated 1>\ morning quotations, though a shade below \ esterdiiy'« rate. In the mining Barrier nhares showed a marked improvement and Mount Morgan preferences had their first local sale at £1 O'ft. Bank of New Zealand* had better Imvew at £2 2/2. with sellers 6d higher. nnd offers for Nationals were raised to £2 12/ without attracting a selling quotation. Holiday on Monday. The Exchange will observe next Monday, Dominion Day, as a holiday. SALES COMviSTBD. AT TUB 8.1 B PM. CALL VBSTBRDAV— * Last Sals. « s d t a d Kauri Timber . 1 2 « .. 12 7 Aust. Olns 4 11 O .. 4 12 0 Horn. Breweries 1 IO O .. 1 10 9 Hums, Phllp ... 2 10 » .. — Dunlop Perdrtau 10 6.. 109 M cKenales .100.. 3 50 vroolworth (Syil) 10 8.. 102 Woolworth Holdln«r« 0 14 10 .. 0 15 2 V, Broken Hill r 2 0 0.. 249 Stock. 13/8/52-55 4 i..c 100 0 0 .. 100 0 0 Stock. March, 30-43, 3| p.c. . 08 7 6 .. 98 7 6 Stock, Nov., 3852, 3) p.c 100 0 0 .. 100 0 0 AT TM8 10 A.M. CALL TO-DAT— X.Z. Insurance . 2 14 « _ 2 IS 0 I>om. Breweries (new Issue, folly paid) ... I • 0 .. — xzo ■'• x * • 9/7/49 ....... 100 15 0 .. 108 0 0 AT 0S.1S PM. CALL TO-DAT— Broken Hill Pty. 2 15 « ., 2 15 IO Br»k«i. inn .*!»», .3 vf a /<; a 4* ft KTect. Zlae (prn. 2 5.0 ..; 3 8 0 ML' *orfaa Jof) [;£ ■ 0,, 8 ...„;. r — ■' (Srt'tfan Offlctal Wireless.) :' ™ '' (Hecelved 11 a.m.) RUGBY,. September 21. British war lou 3H per cent is Quoted at £100 10/, compared with £100 15/ yeaterday and £BB 17/0 on Monday. Clutha Dredging", buyer* 1/0, sellers 1/9; Molyneuz, 7Kd, lOttd. INTEREST RATES. The return to the investor on his outlay, based upon the latest dividends, works out as follows on the latest tales. When Government stocks are included, the calculation provides for redemption ai the earlier, date of maturity. When paynjent m made in sterling, exchange is added. In the case of local body issues allowance is also made for 20 per cent interest reduction :— PBR CBNT PER ANNUM. £ s. 0. New Zealand Insurance .... 8 18 5 Kauri Timber 0 18 4' Dominion Breweries 0 18 4 Australian Glass 8 10 0 Broken Hill Proprietary ... 4 9 10 Electrolytic Zinc, pref A 18 4 Burns Phllp 8 18 10 niinlep Perdrtau .......... 010 0 Peter's lee .. 0 1 IO Wool worths (Sydney) 8 14 0 Stock, 15/0/52-55, 4 0 2 0 GOLD AMD STERLING. 1 . (Seeslvsa 9.80 a.m.) LONDON, September SI. Gold ia quoted at £7 4/ per fine ounce. The exchange rata en Hew York ia 4.82H dollar* to the pound sterling, and on Paris 178% franca. *nie following ia a summary of the fluctuation* in the price per ounce of'fine gold this year:— S a. d. Highest priea, September 14 7 4 11 Lowest price. January 8 .. 0 19 5 September IS ...- 7 4 7 September 14 7 4 11 September 15 ....*.. 7 4 3 September 18 7 4 8} September 17 7 4 0| September 19 7 4 7 September 90 7 4 4 September 21 ...% 7 4 0 UNOFFICIAL STOCK. Buyer*. Sellers. Amoc Motorists <pf) 1/2/0 .. — Auekland Trot. Club. i;»/3»-44 100/n/rt .. — Anpl. Trov. Assrr. . 8/6 .. — British and Dominion Investment* — .. g/% British Neon 8/0 .. 0/0 Ilrnnner Col. (ord.) . — .. 5/0 Pom. Idfe (eont.) ... — .. 4/0 Electric Product* ... — .. 19/« Kt.ll Kauri 8/0 .. 10/0 Industrial Chemicals . — .. ]»/« .lohri fuller, 1M0, 5* — .. 04WO Kalkohe Tunu Orores — ■ ,. 7/0/0 Mirmnku Forests .... — .. 10/0' Mt. Kden Land 0/0 .. — Miwlern Shoes 3/6 .. — National Tobacco .... — .. 2/8/9 V.7.. Perp. Poreets .. 1/14/0 .. — N.Z. Perp. Forests (4/ •:::.•:; *■ ;; Nemon Tobacco tprsf) — .. 1/1/0 Mkau Bacon — ,. l/io/O Nlkau Bseon (pref.) . — .. 1/10/0 Pacific Forests — .. 10/0 Pbotoinatlc — ,. 8/0 Renown Col., 1/3/54, 8 PC — .. 98/0/0 notary Multl. Sljrns . — .. 6/0 Sel fridges <N.Z.5 .... — .. e/3 Sllknlt — .. n/« South. Cross Amur. . 2/0 .. 4/0 South. Cross Inrest. and Rural I>er. Hoc. 3/3 .. — S. \Ve«tlnncl Ratates . — .. 15/0 Walkato Carbonl«Mtlon 1/4/41 03/0/0 .; — -Wiiton Puhilshlna ..'-.- ~ ..4/10/0 Wbakatnne Papar Mills (ord.) ."■ 8/0 .. 4/3 Wilton Col. ttu H ... OO/D/0 .. — Wilton Col. (snares) — .. i.-,/o Wlnstone — ,, 19/0 Woolworth >op. ... 14/o .. 54/0 Wool wort) iff. Ans.) — „ 4/6/0