TRANSACTIONS ON 'CHANGE.

Auckland Star, Volume LX, Issue 223, 20 September 1929, Page 4

TRANSACTIONS ON 'CHANGE.

MORE BUSINESS DOING. BANKS AND COALS. Business was quite brisk on the local Exchange yesterday afternoon, and a substantial number of .sales were finalised on the basis of the noon quotations. Several additional transactions were recorded at the first call this niorning. Breweries, coals and banks have received most attention. Bank shares are Inclined to be easier, the lower trend being confirmed on the sales registered, whilst Bank of New South Wales have also slipped back. Coals are very firm, and all values are well maintained. Breweries seem to have reached the peak in the meantime, and at the moment there is a lull, with holders standing out for £4 10/9. Wilsons Cement are easier, with buyers back to £2 3/6. The Noon Call. There was the customary free bidding at the noon call, but no business was finalised, though a sale of Union Bank, showing 6d down, recorded outside the room, was notified. Interest Rates. The return to the investor on his outlay, 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 PER ANNUM. £ s. d. N.Z. Breweries debentures .. 6 10 1* National BanK of N.Z 5 2 2 Bank of New Zealand (D prof.) 5 4 4 Pukemiro Collieries 9 3 0 Westport Coal 6 11 4 Staples Brewery 4 11 9 Robinson's Ice Cream S 3 3 Wilsons Cement 4 10 11 Bank of New Zealand ...... 4 11 3 Wright, Stephenson ■ 5 7 S Union Bank 4 19 10 ♦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. Huddart-Parker, Interim, pref. 3 p.e., ord. 5 p.c Now Kempthorne, Prosser, 4£ p.c., Interim Sept. 24 Thames Theatre, 7 p.c. p.a Sept. 24 Pukemiro Collieries, 5/ a share, final Sept. 26 Auckland Farmers' Freezing Co., 6 p.c. p.a Sept. 27 Whittome, Stevenson, final, 2/ per share Sept. 30 British Tobacco, Interim, 21 p.c. on ords Sept. 30 C. L. Innes and Co., 8 p.c. p.a. ord. and pref. (final) ; Oct. 1 Bartholomew, 4 p.c., final ...... Oct. 3 Bank of Australasia, Interim, 7/ per share About Oct. 5 Milna and Choyce, 8 p.c. p.a., shares and debenture stock .... Oct. 10 Waihi —1/ per share ...; ..... Nov. 1