ON CHANGE.

Auckland Star, Volume LXX, Issue 193, 17 August 1939, Page 8

ON CHANGE.

BUSINESS SLACKENS. OILFIELD SHARES ACTIVE. BANK OF NEW /KA LANDS RISE. The revival in activity on the Auckland Stock Kxchaniro wan short-lived, for only llireo Bales were made at thin luorninu'M call. A fair range of reported business was recorded. Xejflected for n long period. 'I'araiiaki Oilfields mine into the limelight Three wiles in this issue comprised the only I)HMineMH transacted at the call. JJSO shares chniifcing hands nt a rise of 3d. Bank of New Xealands continued their liriniiiK trend, and the market closed i mind In/ compared with the last sale mi Tuesday at .'ill, I!. Nationals were quoted firm between 40/1) and 48/3, while Australian banks worn fairly steady. Insurances had sound buying support at late rates. In contrast with their activity yesterday. Australian shares were very f|iiiet. Buyers for Broken Hill Proprietary dropped back to 117'!), holders asking 1/ more, while Colonial Sugarß were also a frnetion easier. Woolworths, Coles and Kleetmlytic Zincs, however, were all firm. Interest in (iovernnient securities was not unite so keen as yesterday, but recent Improvement was maintained. Woolworths (Sydney) Higher. Bidding at the noon call was fairly active, with a moderate turnover. Sales included further business in Woolworths (Sydney) at 2(1/, after which buyers 2d higher were faced with sellers' reserves at 27/. lu the hanking section Nationals wero in demand, with buyers up to 47/3 and sellers 1/ higher. Australasias and Commercial preferences were both asked for at £(), with no seller in cither case. Oas shales were weak with a market between 15/ and 15/10. ■ALES COMPLETED. AT THE 3.18 P.M. CALL YESTERDAY— UM Ml*. t■d £ g d South UritlsU .. 2 3 3 .. 2 3 0 I'nltod Building (Auck.) 0 lt> 3 .. 018 fr fly crofts lis H .. lis « Farm. Trading . 018 2 .. 018 2 Farm. Trad. (B pre*.) (2) o in fl .. oin 4 0. J. Coles 3 IN II .. .! 18 O Itudio (Wirt) (2) Olt 4 111" tl Taranakl Oil ... 0n... o 5 0 Tanin*kr Oil ... •» it :i o o o Woolworth (S.St.i oIS o .. ois 0 Woolworth I'ri -> 13 0.. 140 Woolworth Holding* (S.A.) ... 014 6 .. 014 (t N git h era 13 0.. 120 Arm TIM CALL. Wo(tlworth(Byd) 1 0 O .. ISO 1.C.1, (ftvef.) ... 1 4 O 14 0 AT TM 1* A.M. CALL TO-DAY— South British . 2 3 3.. 2 33 ltenown Coal .. 010 « .. 010 O Farm, Trading . 018 2 .. 018 2 Milne A Chojrce (U prof.* T p.e.) (odd lot) ..... 1 2 0 .. — Morris fledatroia 1 T 0 .. 18 0 Farm. Fertiliser (ex dlv.) ..... 017 3 .. 018 0 Turn. Oilfields (8) 0 «. 0 .. 0 6 3 AT TUB 11.11 Ml CALL TO-DAT— South British 2 3 3 .. 2 3 3 Kenown Col. (pf) O 2 8 .. O 2 0 Wright, Btephensoii .......... 100.. — v N.Z. Newspapers 112 0 .. 112 0 Taranakl Oil .. 0 0 0.. O 0 0 Woolworth (Byd) l 0 o .. 100 Martha .i....... 003 .. 003 , INTERS Tb« return to the investor on hU outlay, based upon the latest dividends, works out as follows on tbc latent sale*. When Government stock* ara included, the calculation provide* for redemption at the earlier date of maturity. Wnen payment ia mad* in sterling, exchange is added. In the coee of local body issues, allowance is also made for 30 per cent interest reduction:— jc"'.'Vi H> CMNT Pll ANNUM. *S. d. South British 8 5 8 United Building .......... 5 4 0 Bybroft 4 10 2 Farmers' Trading ......... 7 14.2 (B pref.) fi 14 10 0, 3. Colt's 4 15 2 lliidlo (1000)'. 7 10 0 Wool worths (X.95.) 4 0 0 Woolworths I'ropcrtles ..... 4 10 0 Woolworths (Sydney) ...... 3 7 3 Kenown C9III 7 18 4 Morris Hcdstrom 4 0 0 Farmers' Fertiliser ........ 0 10 2 CALL AND' PIVIDEHD LIST. DIVIDENDS. Doe. Commercial Bank—Final, ord. 31 p.c., pref. 4 p.c. p.a Now Renown Collieries—l't. 7 p.c., ord. lOd a share Aug. 21 Radio (10IW) —t/ a share Aui. 25 Dom, Invest.—Final, A, B, C 5 p.c. p.a., B, C (3rd Issuo) 4 P.p. p.a Aug. 28 Bank of New South Wales—Qrly., 0/ per share Aug. 31 Rmporor—Fourth, Od a share .. Aug. 31 Loloma—Sixth, 1/ a share .... Sept. 8 Huddart I'arker —Int., pref., 3 p.c. ord., 7 p.c Sept. 14 Electro. Mnc—Pref. and ord., final, I) p.c! Sept. 15 Broken Hill B.—Od a share ... Sept. 15