ON 'CHANGE.

Auckland Star, Volume LXXI, Issue 87, 12 April 1940, Page 4

ON 'CHANGE.

STILL VERY QUIET.

QUOTATIONS ARE LIMITED

REGULATIONS BLOCK BUSINESS

The factor*? mentioned yesterday—the Government financial control leguhitionsis still bloc-king meet of rhe busiiutse on the Auckland Stock Exchange, and until Australian issuss and other scrip with registration outeiile the Dominion can again be quoted and dealt in business will remain quiet. The two Sides of New Zealand issues which did take place, however, .show no weakness. They were Bank of New Zealand ai" £2 2/, and Farmers' Trading at £1 OH. The sale of banks represents a rise of 4d on the previous transaction, while Farmers' strip is steady at that price. Buyers for the bank are still willing to give £2 -,'. while sellers-have withdrawn to £2 3'. Bidding for Fanners" Trading lies between £1 and £1 0 9. Dominion Script Demanded. One result of the Government's emergpney finance control regulations ha? been quickly seen on the exchange. That is the quickened demand for New Zealand script. Prices have hardened since thLs morning, one example Bank of Xew Zealand*?, a sale of which jumped from two guineas to £•_' 3/.

SALES COMPLETED

AT THE 3.15 P.M. CALL YESTERDAY— Stock. I." 7 "Kl-41. :; p.c 100 5 o .. 100 5 0 Stock. 15H9-52. 4 p.c 105 5 0 .. 105 0 0 City of Aii'-kland 1 l/4-Mi7. H p.c 104 0 0 .. — UNLISTED. Una HUI 0 15.. 016 AT THE 10 A.M. CALL TO-DAY:— Last sale. £Ed £ s d Bank of N.Z. .. 2 2 0.. 2 1 S Farm. Trading . 10 6.. 106 AT THE 12.15 P.M. CALL TO-DAY— Bank of N.Z. .. 2 3 0.. 220 South British .. 2 9 3.. 290 Wilsons Cement 019 6 .. 019 6 U.K. Manufacturers 0 5 6 .. 0 5 3 SOUTHERN EXCHANGES. SALES RECORDED. (By Telegraph.—Press Association.) WELLINGTON. Thursday.—Farmers" Fertilizer, £ 1 1/; Macduffs (pref.), 14/ D. CHEISTCHUKCH. Thureday. —New Zealand Refrigerating (con.) 9A To-day.—New- Zealand Refrig. (10/ paid), 0/; Macduffs, 8/ (2); Grey River, 18/. Reported : New Zealand Refrig. (10/ paid), 9/ ; New Zealand Refrig. ( £ 1 paid), 19/11. DUNEDIN. Thursday.—Kaiapoi (con.), 5/2. To-day.—Stock, 15/3/1940-43, 4 per cent (late yesterday), £101; Farmers' Fertilizer (pref.), £12/. AUSTRALIAN EXCHANGES. r'. ; sales to-day, (Received 2 p.m.) "■-'■' SYDNEY, this day. Morning sales on the Sydney Stock Exchange to-day were: Bonds, 4 per cent, 1941, £103 13/9; 4 per cent, 1961, £108 15/; Australian Consolidated Industries (con.), 19/3; Associated News, 13/6; Broken Hill Proprietary, £2 6/9; Drug Houses £1 5/9. BUSINESS DONE YESTERDAY. SYDNEY, April 11. Stock Exehauge trading wae higher to-day, but the' undertone of the market ■was firm. Sales included:—Bank of NewSouth Wales, £27 18/ ; Bank Australasia. £93/; Commercial Banking Svdney, £19 6/ ; Cash Orders, 1(5/; Electrolytic Zinc, £2 10/3, (pref.) £2 17/6; Woolworths (Syd.), £1 0/6; Woolworths (N.Z.), 15/9: W. Atkins. £ 1 3~/«; W. R. Carpenter, £ 2 1/6; North Hill, £24/; Austral N.Z. Gold, £1 7/6. Molbourne Exchange.—National Bank A'asia (£5). £6 6/; G. J. Coles. £3 11/3; Mount Lyell, SI 11/10; Mount Morgan, 10/8; Loloina, £1 12/3; Emperor, 15/4.

CALL AND DIVIDEND LIST.

DIVIDENDS. Due. Howard Smith —Int., pref., 1 p.c. Now N.Z. Drug—Final*, 4J p.c Now Woolworths . (N.Z.) —Int., pref., 4J p.c. April 15 Woolworths (Syd.)—Final, 11 J p.c April 15 Woolworths (W.A.) —Final, 12£ p.c. and bonus 21 p.c April 15 Woolworths (Vic.) —31 p.c. for half-year on 7 p.c. preie. .... April 15 N,Z. Guarantee Corp.—lnt., lOd a share April 10 British Tobacco —Int. pref., 65 p.c. p.a April 30 D:l.C—lnt., pref., 2i p.c May 1 Sharlands—lnt., pref., 2J p.c, all shares May 10 Mt. Morgan—lnt., 6d a share .. May 15 Industrial Chemicals—lnt., final ord., 5 p.c July 1 CALLrS. A.C.I, (new) —5/ a share Now Taranaki Dev. (con.) —6d a share April 10

INTEREST RATES. The return to the investor on his outlay, based on fhe latest dividends, works out as follows on the latest sales. When payment is made in sterling the exchange is added: — £ s. d. Bank of New Zealand 4 15 3 Farmers' Trading 6 16 7