AUCKLAND SHAREMARKEI.

Auckland Star, Volume LX, Issue 256, 29 October 1929, Page 4

AUCKLAND SHAREMARKEI.

TRANSACTIONS ON 'CHANGE. BANKS STILL WEAK. TELEGRAM FROM ALBURNIA. The week opened with fair, bidding at the 10 o'clock call, but with the downward trend of values still in evidence. In the banking section Commercial of Australia again attracted special attention, and orders to sell made possible two transactions in the room at the reduced figure of £1 6/10, and with more offered at. the same figure. A late sale on Saturday of Bank of Australasia at £13 15/ showed a drop of 6/ in the last fortnight. New South Wales were also weaker, being offered at £48 7/6. In the miscellaneous section Australians were still weak, both Electrolytic Zinc and Dunlop Perdriau being offered at lower rates.

An inquiry for Bartholomew Timber came forward with a buyer at par. A report of picked stone found by the Alburnia Company revived interest in this scrip, and buyers offered 8d for the shares paid to 2/10, while sellers raised their reserve from 1/1 to 2/. The Noon Call. Quotations at the noon call followed closely those of the morning, and the only completed sale was one of Ohmemuri. The gilt-edged section is not so active as it was, and there were no offers for the s%'s. mterost 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. Commercial Bank of Aus. .. 5 11 9 Bank of Australasia ;. 0 1 10 BUSINESS DONE. Last Sale. AT THE 10 A.M. CALL TO-DAY— Commercial Bank of Australia (2) £1 610 .. £17 0 Waihi (2) 013 7 .. 013 7 Bank Australasia (13 15 0) .. 14 1 0 AT THE 12.15 P.M. CALL TO-DAY— Okineruuri 0 9 6 .. 0 96i BANKS — Buyers. Bellers. Australian Commerce — .. 1/1-76 Commercial 1/6/10 .. 1/6/11 Commercial (pref.) ... 7/2/6 .. — English and Scottish. 7/15/0 .. 8/0/0 N.Z.National 6/14/0 .. 6/16/6 National Aust. (cont.) 8/12/6 .. 9/0/0 New South Wales.... 47/12/6 .. 48/7/6 New Zealand 2/19/9 .. 3/0/6 N.Z. D Mortgage (£1 pd.) 1/8/3 .. 1/9/0 Union of Australia .. — .. 14/12/6 INSURANCE— National — .. 10/9 New Zealand 2/6/0 .. 2/6/6 Queensland — .. 3/3/0 South British 3/5/0 .. 3/6/0 FINANCIAL — Dalgety and Co — .. 14/0/0 Dominion Investment and Banking Cb 1/1/ C .. — Farmers* Auctioneering —• .. 4/1/0 Farmers' Auc. (A pref.) 18/3 .. 18/9 Farmers'Auc. (B prel'.) 17/0 .. — Goldsbrough, Mort ... — .. Newton King (pref.).. 11/6 .. 13/0 North Auck. Farmers' 3/0 .. — N.A. Farmers (B pref.) 11/0 .. 13/0 Reliance Loan Co. ... 1/2/0 .. — COAL— Hikurangi Coal 1/9 .. — Hikurangl (pref.) .... 4/9 .. — I Hikurangi (A pref.)... 3/6 .. 5/0 Pukemiro 3/9/0 .. — Renown 16/6 .. — Renown (pref.) 3/0 .. — Reiiown (new issue).. 2/9 .. • — Taupiri 1/9/3 .. — Taupiri (pref.) 1/3/0 .. ~:_. n Waipa — •• 10 /° GAS— Auckland 1/4/6 .. 1/4/10 Auckland (cont.) — •• 18/4 SHIPPING—

Devonport Ferry 1/1/0 .. 1/-V9 Howard Smith, Ltd... — .. 1/-/® Huddart, Parker (ord.) — .. 2/4/0 Northern Steam (p.u.) 14/S .. 10/ l Northern Steam (cont.) — .. 7/1 Steam 1/0/G .. — TIMBER — Bartholomew 1/0/0 .. —/p Kauri Timber — • • 17/« : L.O'B — • • 1/I^/" National 8/0 .. 0/3 WOOLLEN— Kaiapoi (pref.) — •• I^/0 BREWERiES— C. L. Innes and C 0... 1/1/0 .. — C. L. Innes (prer.).... 1/1/0 .. — N.Z. Breweries — •• 4/J/o MISCELLANEOUS — Amusement Park .... — .. „2/0 Australian Glass - — •• British Tobacco 2/4/0 .. 2/o/o Dental Supplies, Ltd. 8/0 .. — Dominion Pictures ... • 1/0/6 .. — Dominion Pic. (pref.) 1/0/ C.. —- ■ Duulop Perdriau- Rubber — .. l/6/o Bast African Coffee.. — •• l/WO Electrolytic Zinc — •• 1/14/6 Electro. Zinc (pref.) .. — . • 1/14/6 Farmers' Trading 9/0 .. J/b Farmers' Trad. (B pref.) 13/9 .. 16/0 Grey and Menztes 10/6 .. — Hayward's Pictures .. — • • W» Henry Jones, Ltd. ... — •• I/ 1 -/" Theatre Arcade (pref.) 1/1/0 .. — Lewis Eady, Ltd. (pref.) — • • 1/0/0 Milne, Choyce (deb.).. l/J/O .. — N.Z. Farmers' Fertiliser 1/1/9 .. ~ n ._ N.Z. Paper Mills — •• *'?/„ N.Z. Refrigerating ... 12/3 .. 13/6 N.Z. Ref rig. (cont.) .. 5/9 .. — Robinson Ice Cream.. 1/4/9 .. —- Saiiford, Ltd — •• W4 S. R. Maxwell and Co. — .. 10/0 Taranaki Oil Fields .. 4/0 .. o/l Victoria-Nyanza Sugar — .. 2/4/0 Whittome, Stevenson. — .. 2/6/0 Wilsons Cement — • • 2/2/b MINING — Alburnia 0/8 .. 2/0 Kawarau 0/3 .. 0/7 Lucky Shot (pd.) 0/5 i.. l/o Lucky Shot (c0nt.).... — .. 0/10 Moanataiari (5/ pd.) .. 0/7 .. 1/3 Moanataiari (2/2 pd.).. 0/2 .. — Moanataiari (1/6 pd.).. 0/2 .. — Ohinemuri Mines 9/o •• 10/0 Waihi 13/6 .. 13/ < Waihi Grand Junction 1/3 .. 1/7 Mount Lyell 2/2/3 .. 2/2/6 Kuala Kampar Tin ... 11/o ... 1-/3 DEBENTURES — Auck. Harb. Bd., 5} p.c. — .. 100/0/0 Auck. Harb. Bd., 5* p.c. 100/0/0 .. — Auck. Hosp. Bd., 5* p.c. — .. 102/0/0 N.Z. Breweries 1/8/3 .. 1/9/3 j WAR LOANS— Loan, 1930, 4% p.c. ... 100/0/0 .. — Loan 1939, 4J p.c. ... 100/0/0 .. 100/7/6 Loan', 1941, 4J p.c. ... 100/0/0 .. - INSCRIBED LOANS— Loan, 1938, 44 p.c. ... 100/0/0 ..100/10/0 Loan, 1939, 4J p.c. ... 100/0/0 .. — Loan, 1927-41, 5* p.c. 99/0/0 .. — Soldiers, 1933, 54 p.c. — ..101/10/0

CALL AND DIVIDEND LIST.

DIVIDENDS. Due. South British Insurance, final, 1/4 a share Now United Building Society, 7£ p.c. p.a. Now British Tobacco pref. shares (Interim), at 6J p.c. p.a Oct. 31 Australian Iron and Steel, Interim, pref., 71 p.c. p.a Nov. 1 Waihi —1/ per share Nov. 1 Dominion Pictures, pref. and ord., 7i p.c. p.a Nov. 1 Broken Hill. South —1/6 a share . Nov, 15 National Bank of Australasia, ord. and con., 10 p.c. p.a Nov. 27 Grey Valley, final, 5 p.c Nov. 30 CALLS. fjaranaki Oil—l/ per share .... Nov. —

NEW YORK CRASHES AGAIN.

(Australian Press Assn. —United Service.) (Received 11 a.m.) NEW YORK, October 28. The stock market crashed again on Monday under an avalanche of offerings, closing quotations ranging from 5 to 45 dollars lower, despite strong support from the banks.