TRANSACTIONS ON 'CHANGE.

Auckland Star, Volume LX, Issue 243, 14 October 1929, Page 4

TRANSACTIONS ON 'CHANGE.

WEEK OPENS QUIETLY,

AN EASIER TONE.

A quieter tone was evident at the first call of the week, and although several sales were recorded, buyers generally seemed hesitant about reinstating the bids ruling at the close of the week. The bank section provided an instance, for buyers of New Zealands dropped their offers to £2 19/9, of New South Wales to £48 10/, whilst there were no 'declared offers for Commercials. The best offer for Auckland Gas was £1 4/6, and bidding for Government loans was not so keen as it has been. The Noon Call. A few extra sales were finalised after the 10 o'clock call, and notified at noon with practically no change in market value's. Farmers' Co-operative Auctioneering Co. shares, now quoted ex div., advanced from buyers at £3 18/ to £4. 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 .. 617 11* Colonial Sugar 4 12 2 Kempthorne, Prosser 5 8 1 New Zealand Insurance .... 3 19 8 Auckland Gas 6 9 9 *Tho 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.