AUCKLAND SHAREMARKET.

Auckland Star, Volume LX, Issue 102, 2 May 1929, Page 4

AUCKLAND SHAREMARKET.

TRANSACTIONS ON 'CHANGE.

QUIETER TONE PREVAILS,

Little business was recorded on the Auckland Stock Exchange after noon yesterday, anu there was a quiet openin" at this morn'.ng's call. Bank of New South Wales shares have firmed up again, and buyers are now offering £51 12/6. Holders of British Tobacco dropped their price 3d to £2 7/9, but without doing business. Interest in coal shares continued, and at the morning call a parcel of WestportStockton Coal shares, par value 10/, changed hands at 3/1. This old established company has not paid dividends in recent years. Small profits have been made, but they have been transferred to property account. In their last annual report at the end of the year, the directors reported that the arrangements for an increased output were nearing completion. Bidding was more animated, at the midday call and several transactions were completed. Taranaki Oil slipped back a few pence, with a sale at 5/10, and New Zealand Refrigerating contributing shares changed hands at an advance of 3d. Inquirers for Australian Provincial Insurance raised their bids to 10/, bringing an offer to sell at 10/9. Gas 6") ares are very firm and sellers raised the limit to £1 4/7 for the £1 share. New Zealand Breweries also firmed up, with buyers at £3. 2/. Interest Rates. The return to the investor on his outlay, based on latest dividends and in the case of debentures upon redemption at maturity, works out as follows for the latest sales:— PER CENT t>ER ANNUM. Abraham and Williams (pref.) . «io Auckland Gas (cont.) ..... ?V « Waihi Mining 14 7 r Hamilton Fire Board (6 : p'c')'" v > V Hauraki Plains County (6 p '. c .) ! 5 0 Is.Z. Refrigerating (cont.) 6 13 4

BUSINESS DONE. AT THE 3.15 P.M. CALL YESTERDAY— Abraham Williams (pref.)... £4/I°/0 Auckland Gas (c0nt.)......... ' liin Wailii Mining- 13/ M AT THE 10 A.M. CALL TO-DAY— Westport Stockton Coal 3/1 AT THE NOON CALL TO-DAY— Taranaki Oil. „: Z :, Refrigerating (c0nt.).... .".".'.".".".'.7/6 W-ailu Grand Junction 0/9 Hamilton r:re Bd.( deb.), C p.e.. .£lO3/0/0 Hauraki Hams (deb.), 6 p.c £103/0/0

BANKS— Sellers. Buyers. Australian Commerce 1/1G/G .. 1/lG/O Adelaide 10/8/0 .. 10/1/0 Australasia 14/19/0 .. — Commercial 1/10/4 .. 1/10/1 Commercial (cont.) ... 14/9 .. 14/0 Commercial (pref.) ... — .. 7/7/6 English and Scottish 8/14/0 .. — N.Z. National 7/3/6 .. 7/1/0 National of Australasia — .. 19/13/0 National Aust. (conl.) — .. 9/13/0 New South Wales — .. 51/12/6 New Zealand 3/2/3 .. 3/1/6 N.Z. D Mortgage (£1 pd.) 1/9/6 .. 1/8/8 Union of Australia .. 15/11/0 .. 15/7/G INSURANCE— Australian Provincial 10/9 .. 10/0 National 16/9 .. 16/5 New Zealand 2/6/6 .. 2/6/3 Queensland ... 3/8/0 .. — South British 3/4/6 .. 3/3/3 nNANCIAL— Abraham Wil. (pref.).. — .. 4/7/6 Farmers* Auctioneering — .. 2/17/0 Farmers'Auc. (A pref.) 18/6 .. 17/6 Ooldsbrougli, Mort ... 2/14/3 .. 2/13/3 Newton King (pref.).. — .. 8/9 N.Z. Guarantee Corp. — ,, 8/6 JiOan and Mercantile 129/0/0 .. 125/0/0 J.oan and Mere, (pref.) — .. 80/0/0 North Auck. Farmers •— .. 2/6 N.A. Farmers'(B pref.) 11/9 .. lo/0 COAL— Grey Valley 1/5/0 .. 1/4/0 Hikurangi (pref.) 8/0 .. — I'ukemiro 3/5/0 .. Renown *. 17/6 .. 16/3 Renown (pref.) — .. 2/11 Taupiri 1/7/6 .. 1/6/9 Taupin (pref.) — .. 1/3/0 Waipa — .. 11/j westport Stockton ... 3/2 .. 3/0 Westport Stockton (pref.) — .. 3/9

GAS— Auckland 1/4/7 .. 1/4/4 Auckland (cont.) — .. 18/2 Gisborne 13/6 .. ll/o SHIPPING— Devonport Ferry ..... 1/4/3 . Howard Smith, Ltd... 1/5/6 .. — Huddart, Parker (ord.) — 2/5/3 Huddart, Parker (pref.) — .. 1/0/0 Northern Steam (p.u.) 15/2 .. 14/6 Northern Steam (cont.) 7/2 .. 6/9 P. and 0. Deferred .. 3/1/0 .. 2/18/0 - Union Steam (pref.).. — .. 1/0/6 TIMBER— Kauri Timber — .. lS/o National 9/0 .. 5/0 Tarker, Lamb 18/0 .. — WOOLLEN— Kaiapoi (ord.) 14/6 .. 13/10 Ivaiapoi (cont.) — .. 4/0 Kaiapoi (pref.) ..... 17/0 .. 15/6 BREWERIES— C. L. Innes (pref.).... — .. 1/0/0 N.Z. Breweries — ... 3/2/0 Staples — .. 2/5/0 MISCELLANEOUS—

Adair Brothers — .. 17/6 Amusement Park (pref.) 12/0 .. — Australian Glass 2/8/0 .. — Aust. Iron, Steel (pref.) — .. 1/0/3 Bootli-Macdonald (ord.) — .. 1/6 Bootli-Macdonaltl (pref.) — .. 2/6 British Tobacco 2/8/0 .. 2/7/6 Burns, Pliilp and Co. 2/9/0 .. — Bycroft, Ltd — .. 1/13/0 Colonial Sugara 00/3/0 .. 59/17/6 Dominion Pictures*... — .. 1/0/6 Dominion Pictures (pref.) — .. 1/0/6 Donaghy's Rope ..... — .. 1/13/6 Dunlop Rubber Co.... 1/8/0 .. 1/7/6 Electro. Zinc (pref.) .. 1/17/0 .. 1/16/6 Farmers'Trading-.... 8/9 .. 8/5 Farmers' Trad. (A pref.) 17/3 .. — Farmers' Trad. (B pref.) 14/0 .. — Gear Meat, Ltd 2/3/6 .. — Grey and Menzies — .. 10/9 Hayward's Pictures .. •— .. 1/0/0 Henry Jones, Ltd... .. 1/16/3 .. 1/15/3 Theatre Arcade (pref.) — .. 1/1/0 Kempthorne, Prosser.. 3/16/0 .. 3/13/0 Lewis Eady, Ltd. (pref.) 19/3 .. — Milne, Choyce, Ltd... — .. 1/5/9 Milne, Choyce.(pref.).. — .. 1/5/9 Milne, Choyce (deb.).. 1/6/6 .. 1/6/0 N.Z. Farmers' Fertiliser 1/3/6 .. 1/2/0 N.Z. Paper Mills ..... — .. 18/8 N.Z. Refrigerating ... — .. 15/6 N.Z. Kef rig. (cont.)... 7/8 .. 7/6 Robinson Ice Cream.. — .. 1/2/6 Sanford, Ltd. '. 19/0 .. 18/3 Sanford, Ltd. (pref.).. 1/1/0 .. 1/0/0 Sliarland and Co — ., 1/0/0 | . Sharland and Co. (pref.) — ... 1/0/0 Taranaki Oil Fields .. 6/1 ,. 5/9 Thames Theatre — .. 10/0 Victoria-Nyanza Sugar 2/5/0 .. — Whittome, Stevenson. 2/10/0 .. 2/5/0 Wilsons Cement — .. 2/1/6 MINING—

Alburnia 1/10 .. 1/0 Lucky Shot (pd.) ..... 1/6 .. 0/9 Lucky Shot (cont.) .... 0/7 .. — Mioriland 0/2 .. — Koanataiari (5/ pd.) .. 1/4 .. — Moanatniari (cont.) ... 0/3$ .. 0/2 Occidental Una (2/ pd.) 0/7 .. 0/3 Ohinemuri Mines 8/6 .. 8/4 Waihi 14/0 .. 13/10 Waihi Grand Junction 0/10} .. 0/8} Mount Lyell 2/4/9 .. — DEBENTURES— Auck. Gas, 1932,5 p.c. — .. 95/0/0 Auck. Gas, 1935, 6} p.c. — ..103/0/0 Auck. Harb. Bd., 5j p.c. — .. 100/0/0 Auck. Harb. Bd., 6 p.c. — .. 103/0/0 Auck. City, 1936,5* p.c. — .. 99/0/0 Auck- City, 1940, 5} p.c. — .. 100/0/0 Ak. Hosp,, Bd., 1947, oi 103/0/0 .. — Gisb. Sheep Farmers.. 98/0/0 .. — Hamilton F.B., 6 p.c. 104/0/0 .. 102/0/0 Mt. Eden Loan, 6 p.c. — ... 103/0/0 N.Z. Breweries — ... 1/6/3 WAR LOANS—'" Loan, 1938, 4J p.c 100/070 . . 99/15/6 Loan, 1939,. 44 p.c — .. 99/15/0 Loan, 1941, 4* p.c. ... — .. 99/10/0 Loan, 1933, 5} p.c — .. 99/0/0 Soldiers, 1933, 5} p.c. — .. 101/2/6 Loan, 1936, 5J p.c — .. 101/5/0 INSCRIBED LOANS— Loan, 1938, 4} p.c 100/0/0 .. 99/10/0 Loan, 1939, 4} p.c 100/0/0 .. 99/10/0 Loan, 1927-41, 5i p.c. — .. 99/0/0 Loan, 1933, 5J-p.c. ... — .. .99/0/0 Soldiers, 1933, 5} p.c. 101/10/0 .. IQl/O/O ' Loan, 1036, 5J p.c.«~. — „ 101/0/0