AUCKLAND SHAREMARKET.

Auckland Star, Volume LX, Issue 91, 18 April 1929, Page 4

AUCKLAND SHAREMARKET.

TRANSACTIONS ON 'CHANGE.

BUSINESS STILL GOOD

Business on the local stock exchange continues brisk, and a substantial quantity of business has been recorded since the "Star" went to press yesterday.

A sale of inscribed stock (5% per cent) 1933 took place at £101 5/, a. 2/6 drop. This shows a net, return to the investor based upon redemption at maturity of £5 3/3 per cent.

(las Company debentures "have boon sought for some time, and at this morning's call the buying rate for the tive per cents was lifted £1 to £05 without response. Grey Valley C\>al had bidders 3d higher at £1 2/9, but the lowest seller was £1 36. Auckland Gas contributing showed continued firmness, buyers still offering 13 3. Buyei* of Robinson's Ice Cream advanced their offers 6d to £1 2/6. This company pays ten per cent dividend and at £1 3/ the return to a present investor would be £8 14/ per cent per annum. l'ukemiro Coal shares which recently paid a lower interim dividend than was the case last year, sold at £3 5/. A sale of Renown preference at 17/3 was 3d lower than the last sale. Bank shares were again in keen demand and Australasia, which sold earlier in the week at £14 14/ had buyers offering £14 16 . At the mid-day call Bank of Xew Zealand shares changed hands at £3 2/ and more were sought at the same figure. Buyens of Abraham and Williams have advanced their offers to £4 9/ for the £5 preference share?! with no sellers coming forward. The dividend is six per cent and the return to the prevent investor at £4 !)/ would be six and three-quarters per cent. Inquiries wore received to-day for Holden Motor* and for Staples Breweries, with no response from holders. BUSINESS DONE.

AT THE 3.15 I' M. CALL YESTERDAY— Inscribed Stock, lii;}.!, 54 p.c £101/5/0 Huddart-Parker Steam £2 5/0 Northern Steam (cont.) 7/1 N.Z. Breweries £3/2/9 Milne and Choyce (deb. stocki £1/6,0 Ohincmuri S/5 Waihi la.-S Hayward'« Pictures £1/0/6 AT THE 10 A.M. CALL TO DAY— Taupiri C'oal ....£1/6/6 Milne and Choyce (deb. stocki... .£1/6/0 N.Z. Refrigerating (cont.) 7/3 Pukemiro Collieries (£3/5/0) AT THE NOON CALL TO-DAY— Rank of New Zealand £3/2,'0 Renown Collieries (pref.) (17/3) BANKS — Sellers. Buyers. Australian Commerce 1/16/6 .. 1'15/10 Australasia 14/17/0 .. 14/15/0 Commercial 1/10/3 .. — Commercial icont.t ... — .. _1_J 0 Commercial (pref.i ... 7/11/0 .. 7/7/6 English and Scottish — .. 8/16/0 N.Z. National 7/3,0 .. 7/<>, 0 National Ausr. tcont.) 0/14/0 .. 9/12/6 New South Wales — -. SI/'- <5 New Zealand 3/2/3 .. 3/2/0 N.Z. I> Mortgage (£1 pd.) — .. 1/8/6 Queensland National.. — 9/13/0 Union of Australia 15/11/0 .. 15/8/0 INSURANCE— Australian Provincial —- -- 8/10 National 16/7 .. 16 4 New Zealand -'7/0 .. 2,6/3 Queensland X/S/0 , . 3/ i/0 South British 3 '6/3 .. 3/5/6 Standard -— »• 3/4/6 FINANCIAL — Abraham Williams. Ltd. 4/1,X) .. — Abraham. Wll. ipref.t. — .. 4/0/0 Palgtty and Co. -- - 15/1 2/6 Farmers' Auctioneering 3/10/0 .. 2/16/u Goldsbrough Mort .... - 14/3 .. 2/13/3 Newioii King (pref.).. — .. 8/6 N.Z. and River Plate — .. 1/1-/0 N.Z. Guarantee Corp. — .. 8/8 Loan and Mercantile 120,0/0 .. 126/0/0 Loan and Merc, (pref.) — .. 80/0/0 N.A. Farmers (B pref.) 11/6 .. 0/6 COAL — Grey Valley 1/3/6 .. 1/2/9 Hikurangi — •• 2/6 Hikurangi (pref.) .... 8/0 .. 7!% Hikurangi (A pvef.) .. 5/6 .. 4/9 Pukemlro 3/6/6 .. — Renown 18/0 .. 16/9 Renown (pref.) 3/2 .. 2/10 Tauplri 1/6/# .. 1/6/3 Taupiri (pref.) — .. 1/3/0 Waipa 12/6 .. 11/0 Westport Stockton ... — 2/10 Westport Stockton (pref.) — m 3/6 GAS— Auckland 1/4/4 ,, 1/4/1 Auckland (cont.) ..... 18/4 -*8/3 Gisborne - 13/6 •. 10/9 Whangarci 15/0 .« — SHIPPING— Devonport Ferry 1/4/3 .. — Huddart, Parker (ord.) 2/5/6 .. 2/4/0 Huddart. Parker (pref.) — •• 1/0/0 Northern Stcara (p.u.) — •• 1*^*0 Northern Steam (cont.) 7/4 .. </0 P. and O. Deferred.. 3/1/G • • — Union Steam (pref.).. — .. 1/0/6 TIMBER— Bartholomew 1/1/6 18/0 Kauri Timber 17/0 ... 17/3 L.O'B 1/14/6 .. 1/13/6 National 9/0 .. 5/0 Parker, Lamb 10/0 .. — WOOLLEN— Kalapol (ord.) 14/6 ♦. 14/0 Kaiapoi (cont.) — .. 4/0 Kaiapoi (pref.) — .. 15/9 BREWERIES— C. L. Innes (pref.).... — .. 1/0/0 N Z. Breweries 3/2/0 .. 3/2/6 Staples — -• 2/5/0 MISCELLANEOUS— Amusement Park .— 3/0 .. — Amusement Park (pref.) 13/0 .. — Australian Glass 2/8/0 .. 2/7/0 Ausr. Iron, Steel (pref.) 1/1/6 .. 1/0/0 British Tobacco 2/8/3 .. 2/7/6 Burns. I'hilp and Co, 2/8/9 .. — Bycroft, Ltd — •• 1/12/6 Checker Taxi 7/6 ... 1/6 Colonial Sugar 60/5/0 .. — Dominion. Pictures .• — •• 1/1/6 Dominion Pictures (pref.) — .. 1/1/6 Donaghy's Rope — .. 1/13/6 Electrolytic Zinc 1/15/0 1/14/0 Electro. Zinc (pref.) .. 1/16/0 .. 1/15,/0 Farmers' Trading 8/0 .. 8/5 Farmers'Trad. (B pref.) 14/0 .. — Gear Meat Co 2/3/6 .. — Grey and Menzies .... — — 10/0 Hayward's Pictures.. 1/1/0 ... 1/0/0 Theatre Arcade (ord.) . — .. 1/1/0 Holdeu Motors — .. 1/8/3 Milne, Choyce, Ltd.... — .. 1/5/0 Milne, Choyce (pref.). — .. 1/5/0 Milne. Choyce (deb.).. 1 /6/6 .. 1/5/9 N.Z. Farmers' Fertiliser 1/2/0 .. 1/1/7 N.Z. Paper Mills — . . 18/6 N.Z. Refrigerating... — .. 15/3 N.Z. Refrig. (cont.) .. 7/5 .. 7/2 Robinson Ice Cream.. — .. 1/2/6 San ford. Ltd 10/0 — San'ord, Ltd. (pref.).. 1/0/3 .. 1/0/0 Taranaki Oil Fields .. 5/3 .. 5/0 Thames Theatre — .. lO/O Victoria-Nyanza Sugar 2/5/0 ... 2/3/0 Whittome, Stevenson. 2/10/0 .. 2/4/6 i Wilsons Cement — .. 2/1/0 MINING— Alburnia 2/0 .. 1/6 I Lucky Shot (pd.) — .. 0/9 Lucky Shot (cont.) .... 0/7 .. — Maoriland 0/6 .. — Moanataiari (5/ pd.)... 1/4 .. 0/9 Occidental Una (2/ pd.) 0/7 .. 0/3 Ohinemuri Mines 8/9 .. S/3 ohhiemuri Mines (pref.) t— .. 0/0 Waihi 14/0 .. 13/9 Waihi Grand Junction 0/10 .. — Mount Lyell 2/4/3 ,. 2/3/3 I DEBENTURES— , Auck. Gas., 1032, 5 p.c. — .. 95/0/0' Auck. Gas, 1035, 64 p.c. — .. 103/0/0 Auck. Harb. Bd. ( 54 p.c. — .. 100/0/0 Auck. Harb. Bd., 6 p.c. — .. 103/0/0 Auck. City, 1940, 5J p.c. — .. 99/0/0 Auck. City, 1943, 54 p.c. — .. 100/0/0 Gisb. Sheep Farmers.. 97/10/0 .. 90/0/0 Hamilton F.B., 6 p.c... 104/0/0 .. — Mt. Eden Loan, 6 p.c. — .. 103/0/0 N.Z. Breweries 1/6/6 .. 1/6/3 WAR LOANS— Loan, 1938, 4} p.c 100/0/0 .. 99/10/0 Loan, 1039, 44 p.c. ... — .. 99/10/0 Loan, 1933, 5i p.c. ... — .. 99/0/0 Soldiers, 1933, 54 p.c. 101/10/0 .. 101/0/0 Loan, 1936, 54 p.c. ... — .. 101/5/0 Inscribed loans— Loan, 1938, 44 p.c 100/2/6 ... — Loan. 1939, 44 p.c 100/2/6 — Loan, 1933, 5J p.c. ... — ,. 90/0/0 Soldiers. 1933, 54 p.c. 101/10/0 ..101/0/0 | Loan, 1936, 54 p.c — ». 101/5/6 Loan, 1941, 5 p.c. 99/0/0 „