TRANSACTIONS ON CHANGE.

Auckland Star, Volume LX, Issue 215, 11 September 1929, Page 4

TRANSACTIONS ON CHANGE.

BUSINESS QUITE GOOD

VALUES WELL MAINTAINED.

Quotations at yesterday's noon cal formed the basis for quite a lot of business in the afternoon. Sales made inj. eluded a fair percentage of miscellaneous lines. At this morning's call several fresh e sales were reported. Values on the whole are well maintained. A sale of Leyland O'Brien Timber • marked a decline on the previous transacj tion some months back, but the drop is I not surprising, for the scrip has been r very highly priced in the past. E Coal companies are having a good ,' run with a fair number of sales. Grey Valleys continue to attract, and a sale ' at £l 8/6 constitutes a new record. ' The Noon Call. Fresh business recorded at the noon f call disclosed some market alterations. Commercial Banks, which had firmed up • lately, eased again with a sale at £1 10/, 1 after which buyers receded to £1 9/9. > The upward march of Mount Lyells 2 appears to have been checked, and a sale , was made at 2d under last week's peak price of £2 5/9. - ' There is a big gap between buyers and sellers of Breweries shares, holders asking £4 8/6. Gilt edges are still in keen demand, but the on]y offerings are a parcel of 5% (1933) Inscribed, at £101 12/6, and 5% (1935) Hospital Board debentures at £100 15/. Interest Rates. The return to the investor on his out- '■ lay, based upon the latest dividends and ; in the case of loans and ■ debentures upon : redemption at maturity, works out as ■ follows for the latest sales:— ] PER CENT PEE ANNUM.

*The calculation in regard to Brewery debentures does not include redemption, as holders are to have the right to convert into shares on April 1, 1930. CALL AND DIVIDEND LIST. DIVIDENDS. Due. Howard Smith, Interim, 2J p.c. .. Now Holden Motor Bodies, ord., 1/ per share, A and B pref., 8 p.c. p.a. Now Huddart-Parker, Interim, pint. 3 p.c, ord. 5 p.c Sept. 19 Kempthorne, Prosser, 4J p.c, Interim Sept. 24 Pukemiro Collieries, 5/ a share, final Sept. 26 Auckland Fanners' Freezing Co., 6 p.c. p.a Sept. 27 Whittome, Stevenson, final, 2/ per share ,"...• Sept. 80 British Tobacco, Interim, 22 p.c. on ords Sept. SO Bank of Australasia, Interim, 7/ per share About Oct. 5 Milne and Choyce, 8 p.c. p.a., shares and debenture stock .... Oct. 10 C. L. Innes and Co., 8 p.c. p.a. ord. and pref. (final) Oct. 1 , CALLS.' Payable. Taranaki Oilfields (1/ per share) . Sept. 11

£ s. d. N.Z. Breweries debentures .. 7 0 4* National Insurance 4 9 7 New Zealand Insurance .... 3 16 0 Sharlanda 6 0 3 Auckland Gas (con.) ...... 6 11 (5 Leyland, O'Brleu 5 5 10 Wilsons Cement 4 10 5 Bank of New South Wales .. 4 15 11 Grey Valley Coal 4 4 2 Auckland Gasi 6 10 .7 Commercial Bank of Aus. .. 5 0 0 War Loan, 4J (1938) 4 10 0 Loan and Mercantile ....... 6 7 10 Mount Lyell 5 9 9