AUCKLAND SHAREMARKET.

Auckland Star, Volume LX, Issue 232, 1 October 1929, Page 4

AUCKLAND SHAREMARKET.

TRANSACTIONS ON 'CHANGE.

A WEAKENING MARKET.

BANKS STILL EASE. A good volume of business was put through on the local Exchange yesterday afternoon, but at this morning's call not a single transaction was recorded. The chief feature of the latest trading is the weakness of the bank section. This is reflected in the sales recorded, and the latest quotations. It may be noted that the scrip of every bank on the local list, with the exception of Queensland National, is being offered, in most cases at lower rates than were ruling a few days ago. Similarly insurance shares are being offered more freely. Every line listed is on offer, with a buyer calling for only one, the National. The coal section continues strong, and most other lines outside Australians show little change. The Noon Call. The morning was quiet, and only three sales were recorded at the noon call. These marked a slight rise in Waihis, cind an increase of 6d in National Timber shares. Business tn the South. Of business on the Christchurch Exchange last week, the "Christchurch Times" says:— The markets have not been as active as of late. Price fluctuations have been much larger than usual, and an easing tendency has been noticed throughout. The recorded business has been 9484 shares, against 11,984 the previous week. An analysis of the business gives the following results, with the figures for the preceding week in parentheses: Banks 66Q (970), insurance 500 (200), breweries 180 (3505), loan and agency 1584 (290), meat 1900 (1059), mining 3750 (3400), and coal nil (500). 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. Inscribed Stock, 5J (1033) ..538 Commercial Bank of Aug. ..547 English, Scottish and Australian Bank 4 12 3 National Bank of N.Z r> 3 8 Union Bifnk 5 2 0 New Zealand Breweries .... 3 7 0 BUSINESS DONE. Last Sale. AT THE 3.15 P.M. CALL YESTERDAY Inscribed Stock, SJ, 1033 £101 2 6 ..£lOllO 0 Comim'i'cinl Bank of Australia .. 1 8 P. .. 18 8 E.S. and A. Bank (2) & 2 t> ... 8 U 6 National Bank of New Zealand .. 6 15 0 M 6 15 0 Union Bank 14 14 (J .. 14 14 6 N.Z. Breweries... 4 9 0.. 4 10 0 Northern Boot ... 090.. O 12 6 Oliinemiiri O 9 8 .. 0 9 3 Waihl Grand June. 0 15.. 017 AT THE 12.15 P.M. CALL TO-DAY— Waihi (2) 0 13 5 .. 0 13 4 National Timber. (080).. 076 BANKS— Buyers. Sellers. Australian Commerce — ... 1/13/9 Adelaide — .. 10/1/O Australasia — .. 14/lii/O Commercial 1/8/0 ... 1/8/9 Commercial (pref.).... 7/5/0 .. 7/10/0 Commercial of Sydney — .. 2W/0/0 English and Scottish. 8/1/0 .. 8/6/0 N.Z. National 6/13/0 .. 6/15/0 National Australasia. — .. 19/10/0 National Aust. (eont.) — .. 9/12/0 New South Wales — .. 50/15/0 New Zealand 3/1/6 .. 3/2/6 N.Z. D Mortgage (£1 pd.) 1/8/3 .. — Union of Australia .. 14/12/ p ... 14/13/0 INSURANCE— Australian Provincial — .., Wβ National IC/3 .. 10/10 New Zealand — ... 2/7/6 Queensland — .. 3/3/ C South British — .. 3/6/6 Standard — .. 3/6/0 United — .»• 10/10/0 FINANCIAL— Dalgety and Co — .. 15/0/0 Farmers' Auctioneering 4/5/0 ~ 4/10/0 Farmers' Auc. (B pref.) 17/0 .. — Goldsbrough, Mort ... 2/3/3 *. 2/4/3 Newtou King, Ltd.... 2/0 .. — Newton King (pref.).. 12/9 .. 14/3 N.Z. Guarantee Corp. »/(i t . 9/10 Loan and Mercantile 122/0/0 .. — Loan and Merc, (pref.) 82/0/0 .. — North Auck. Farmers , 2/9 .. 3/2 N.A. Farmers'(B pref.) 13/6 •• 13/3 COAL— Grey Valley — .. 1/9/6 Hlkurangi Coal ...... 1/9 .. — Hikurangi (pref.) .... 4/9 .. — Hlkurangi (A pref.) .. 3/9 .. 5/6 Pukemiro 3/12/6 .. 3/14/6 Renown 15/10,. 16/6 Keiiown (pref.) 3/0' .. 3/2 Renown (pew issue).. 2/6 .. 2/9 Taupiri 1/9/0 .. — Taupiri (pref.) .1/3/0 ... — Waipa 13/0 .. 15/0 Westport Stockton ... 3/0 .. — Westport Stockton (pref.) 4/3 .. — GAS— Auckland 1/4/8 .. 1/4/9 Auckland (cont.) 18/2 .. 18/5 SHIPPING — Devonport Ferry 1/2/0 .. 1/3/0 Huddart, Parker (ord.) — .. 2/4/9 Northern Steam (p-U-) 14 /10 .. 15/3 .Northern Steam (cont.) 6/10 .» 7/1 P. and O. Deferred .. 2/16/0 .. 3/0/0 TIMBER— Kauri Timber — .. 18/0 National 7/6 .. S/9 Parker, Lamb — •♦ 17/9 WOOLLEN— Kaiapoi (ord.) 11/9 «■ 13/6 BREWERIES — C. L. Innes and C 0... 1/0/0 .. — C. L. Innes (pref.).... 1/0/3 .. — Staples — •• 2/10/O MISCELLANEOUS— Amusement Park .... — ~. 2/0 Australian Glass — ~ 2/17/9 Aust. Iron. Steel (pref.) — ~ 1/2/3 British Tobacco — .* 2/9/0 Burns, Philp and Co. —- .. 2/6/0 ; Colonial Sugar — «• 57/15/0 Dominion Pictures ... 1/0/6 .. — Dominion Pic. (pref.) 1/0/6 ~ — Dunlop, Perdriau Rubber — .« 1/8/3 Electrolytic Zinc 1/15/0 „ 1/16/3 Electro. Zinc (pref.) .. — .. 1/16/9 Farmers' Trading ...-, 9/1 M 9/6 Farmers' Trad. (A pref.) 17/0 .. 18/3 Farmers' Trad. (B pref.) 14/0 „ 16/0 Gear Meat. Ltd 2/3/0 .. — Grey and Menzies.... 10/6 *» — Hamilton Theatres .. — »♦ 19/0 Hay ward's Pictures .. — .. W3 Henry Jonas, Ltd. ... — .. 1/13/6 Theatre Arcade (pref.) 1/1/0 .. — Kcm'pthorne, Prosser.. — ». S/10/6 Lewis Eady, Ltd. (pref.) — .. 1/0/0 Milne, Choyce, Ltd... 1/6/9 M — Milne, Choyce (pref.).. 1/6/9 M — Milne. Choyce (deb.).. 1/6/9 „ ~ ,„ N Z Farmers' Fertiliser 1/1/6 — 1/2/9 N.Z. Paper Mills — « • 1/0/9 N.Z. Kefrig. (cont.) .. 6/0 «, — Robinson Ice Cream.. 1/4/0 « — Sanford, Ltd 18/0 M 18/5 Taranaki Oil Fields .. 5/0 M 5/3 Thames Theatre 11/0 «. — Victoria-Nyanza Sugar — .. 2/6/6 Whittonifi. Stevenson. — ~ 2/7/6 Wilsons Cement 2/2/9 2/3/3 MINING— Alburnia — ~ 1/1 ■ Lucky Shot (pd.). ...... 0/9 « 1/6 Lucky Shot (cont.) ... 0/3 .. 1/0 Moanataiari (5/ pd.) .. 0/4 M 1/1 Moanataiarl (cont.) ... — .. ■ 0/Z Ohinemuri Mines ..... 9/4 „ 9/6 Ohinemuri Mines (pref.) 9/0 .. 10/6 Waihi 13/4 « ijV? Waihi Grand Junction o 1/3 .. 1/4 Mount Lyell 2/3/3 .. 2/3/9 Kuala Kampar Tin ... 12/3 ... 13/6 DEBENTURES— Auck. Gas. 1932, 5 p.c. fle/9/0 .. — Auck. Hark Bd.. ${ p.c. 101/0/0 .. — At. Hosp. Bd., 1935, 5J - .. 101/0/0 (risborne S-ieep Famiers —" .. 99/0/0 Mr. Eden Loan, tf p.c. 104/10/0 .. — N.Z. Breweries — • • l/10/o WAR LOflNS— Loan, 1930, 4i p.c. ... 99/2/6 .. - Loan, 1938, 4+ p.c iW/O/O •• — Loan, 1039, 4i p.c... 100/0/0 .. - Loan, 1941, 41 p.c .... 100/0/0 ~ - Loan, 1933, sJ'p.c. ...99/10/0 ~ - Loan, 1036, 5* p.c. ... 101/0/0 .. *• 1

INSCRIBED LOANS— Loan, 1038, 44 p.c. ... 100/0/0 .. — Loan, 1930, 4* p.c. ... 100/0/0 .♦ — Loan, 1927-41, 5J p.c. 99/15/0 .. — Loan, 1933. 5i p.c. ... 99/10/0 .. — Soldiers, 1033, u] p.c. 101/0/0 .. — CALL AND DIVIDEND LIST. DIVIDENDS. Due. Auckland Farmers' Freezing Co., C p.c. p.a Now Whittoine, Stevenson, final, 2/ per share Now British Tobacco, Interim, 2% p.c. on ords • • •. Now C. L. Innes ana Co., 8 p.c. p.a. ord. and pref. (final) Oct. 1 Bartholomew, 4 p.c, iinal Oct. 3 Bank of Australasia, Interim, 7/ per share About Oct. 5 Milne anil Clioyce, S p.c. p.a., shares and debenture stock .... Oct. 10 Guarantee Corporation, 10d a share, fully paid, ord., pref., 4d con Oct. 12 Wailu—l/ per sliui'e / Nov. 1 Farmers' Co-operative Auctioneering, 8 p.c. p.a Nov. 12