AUCKLAND SHAREMARKET.

Auckland Star, Volume LX, Issue 262, 5 November 1929, Page 4

AUCKLAND SHAREMARKET.

TRANSACTIONS ON 'CHANGE. A BUSY CALL, RUN ON COMMERCIALS. GENERAL TONE LIVELY. A notable feature in local _ Stock Exchange business was the keen interest displayed by brokers at this _ morning's call, in a wide range of securities, with banks still a principal factor. It is a long while since so many sales _ have been finalised in the room at a single call. Outstanding was the demand for Commercial Bank of Australia. As recently as Thursday last these sold down to £1 5/6. This proved rock bottom, and by easy stages they reached £1 7/ on Saturday. This morning offers to sell at £1 7/9 brought eager responses from various parts of the room, and before the call had concluded no less than. ten parcels had changed hands at this figure. Although banks have definitely improved within the last few days, a sale of National Bank of Australasia, marking a drop of £1 4/6 since the last local sale on September 4, shows that there is a good deal of leeway still to be made up, if former levels are to be reached. Dalgety's have firmed further with buyers at £14 2/6. Local gas shares are keenly sought, with buyers at £1 4/10, and no sellers. Thames Gas are offered at 9/. More interest is being shown in Electrolytic Zincs, and buyers are now offering £1 13/9 for the ordinary, and £1 14/6 for the prefs. More activity is discernible in Government stocks and local bodies' debentures. The Noon Call. After the sudden burst at the first call business quietened clown, and only three reported sales were added to the list when members met for the second. Commercials eased again with buyers at £1 7/6. Waipa Collieries were offered at 14/9. Buyers of Bartholomew Timber advanced their offers to £1 0/9, whilst Breweries moved up 1/. Word was received that the directors of the English, Scottish and Australian Bank are recommending a final dividend payment of 7% per cent, making 12% per cent for the year. This is the usual allocation. 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.

TT ! T, , & S. (1, Union Bank 5 3 2 New Zealand Insurance ..!! 319 8 South British 3 18 10 Sanford 7 17 9 Commercial Bank of'Aus. ..584 Goldsbrough, Mort 6 16 6 National Bank of Australasia ,5 8 1 Kempthorne, Prosser 5 8 1 Farmers' Fertiliser 7 5 g National Insurance 4 11 6 Gear Meat 5 2 (i

BUSINESS DONE. —'— t Lust Sfllo AT THE 10 A.M.'CALL TO-DAY— Union Bank 14 12 0 .. 14 7 0 New Zealand Ins. 2 6 3.. 263 South British Ins. 3 5 6.. 356 Sanford, Ltd 017 . 9 .. 018 2 : AT THE 3.15 P.M. CALL YESTERDAY— Commercial Bank of Australia (10) f 1 7 9 .. £1 7 O Union Bank 14 12 0 .. 14 12 0 South British Ins. 3 5 6.. 356 Goldsbrough, Mort 2 4 3.. 244 National Bank of Australasia 18 10 0 .. 19 14 6 Kempthorne, Pros. (3 14 0) .. 3 14 0 Farmers' Fertiliser (12 0).. 120 AT THE 12.15 P.M. CALL TO-DAY— Union Bank (14 10 9) .. 14 12 0 National Insurance (0 16 4) .. 0 16 4i Gear Meat, Ltd. .. 2 4 0.. 240 BANKS— Buyers. Sellers. Australian' Commerce 1/12/0 .. 1/14/0 Commercial 1/7/6 .. 1/7/9 English and Scottish. — .. 7/17/6 N.Z. National 6/14/0 .. 6/17/0 National Australasia.. 18/0/0 ..18/12/0 National Aust. (cont.) 8/12/6 .. — New South Wales.... 48/0/0 .. 49/0/0 New Zealand 3/0/3 .. 3/1/3 N.Z. D Mortgage (£1 pd.) 1/8/4 .. 1/9/0 Union of Australia .. 14/8/6 .. 14/12/0 INSURANCE— Australian Provincial — .. 13/6 National 16/2 .. 16/6 New Zealand 2/6/0 .. 2/6/6 South' British 3/5/0 .. 3/5/9 FINANCIAL— Abraham Wil (pref.).. 4/10/0 .. — Dalgety and Co 14/2/6 .. 15/0/0 Dominion Investment and Banking Co — .. 1/1/6 Farmers' Auctioneering — .. 4/1/0 Goldsbrough, Mort ... 2/4/0 .. 2/4/9 Newton King (pref.).. — .. 12/6 North Auck Farmers 3/1 ... — N.A. Farmers' (B pref.) 11/0 .. 13/0

COAL— Hlkurangl Coal 1/9 .. — Hikurangi (pref.) ,4/9 .. — Hikurangi (A pref.).. 3/6 .. 5/0 Pukemiro'.'.'. 3/10/6 .. — Renown 16/9 .. 17/3 Renown (pref.) 3/0 .. — Renown (new issue).. 2/9 .. 3/3 Taupiri 1/9/6 .. 1/10/6 Taupiri (pref.) 1/3/6 .. — Waipa — .. 14/9 GAS— Auckland 1/4/10 .. — Auckland (cont.) 18/0 .. — Thames ft — •.« 9/0 SHIPPING— Devonport Ferry 1/1/4 M 1/2/9 Huddart, Parker (ord.). — ... 2/4/0 Northern Steam (p.u.) 14/8 .. — Union Steam ~ 1/0/6 ... — TIMBER— Bartholomew 1/0/9 ... — Kauri Timber 16/3 ... 18/0 L.O'B — .. ,1/12/0 National 8/3 .. 9/0 Parker, Lamb — .. 17/9 WOOLLEN— Kaiapoi (pref.) — .. 16/6 BREWERIES— C. L. Innes and C 0... 1/1/0 ... — C. L. Innes (pref.).... 1/1/0 ... — N.Z. Breweries 4/6/0 .. 4/9/0 Staples 2/13/0 .. 2/13/9 MISCELLANEOUS— Australian Glass , — .. 2/13/0 Aust. Iron, Steel (pref.) 1/0/0 .. — British Tobacco 2/6/0 « 2/7/0 Bycroft, Ltd: ........ — .. 1/14/6 Dental Supplies, Ltd. 9/0 .. — Dominion Pictures.... 1/0/6 ... — Dominion Pic. (pref.) 1/0/6 .. — Dunlop Perdriau Rubber l/o/O ... — Electrolytic Zinc .... 1/13/9 .. — Electro. Zinc (pref.) .. 1/14/6 .. 1/16/0 Farmers' Trading 9/0 .. 9/6 Farmers' Trad. (B pref.) 13/9 .. 16/0 Gear Meat, Ltd 2/3/6 .. 2/4/9 Grey and Menzies .... 10/6 .. — Hay ward's Pictures .. 17/0 ~ 18/3 Theatre Arcade (pref.) 1/1/0 .. — Holden Motors (B pref.) — .. 1/0/6 Lewis Eady, Ltd — .. 1/3/6 Lewis Eady, Ltd. (pref.) — .. 1/0/0 Milne, Choyce (deb.).. 1/7/0 .. 1/7/6 Morris Hedstrom 1/2/0 .- — Morris Hedstrom (pref.) 18/3 .. — N.Z, Farmers' Fertiliser 1/1/10 .. — N.Z. Refrigerating ... 12/3 .. 13/3 N.Z. Refrig. (cont.) .. 5/10 .. 6/3 Northern Boot 8/3 .. — ' Robinson Ice Cream.. 1/4/6 .. — Sanford, Ltd. (pref.).. 19/6 .. 1/1/0 S. R. Maxwell and Co. — .. 10/0 . Taranaki Oil Fields .. 4/3 .. 4/9 Tonson Garlick .. 4/10 .. — Union Oil 2/2/0 .. — Victoria-Nyanza Sugar — .. 2/4/0 Whittome, Stevenson. — .. 2/6/0 Wilsons Cement 2/2/6 .. 2/3/0 MINING— Alburnia 0/6 .. 1/6 Kawarau 0/3 .. 0/6J Lucky Shot (pd.) 0/8} .. 1/6 Lucky Shot (c0nt.).... — .. 0/8 Moanataiari (5/ pd.) .. 0/6 .. 1/1 Moanataiari (2/2 pd.)..- 0/1 .. 0/6 Moanataiari f./6 pd.).. 0/1 .. — Oliinemuri Mines ..... 10/4 .. 10/8 Wallii 12/3 .. 12/6 Waihl Grand Junction 1/3 .-. 1/6 Mount Lyell 2/1/0 .. 2/2/0' Kuala Kampar Tin ... 10/0 M . 11/0 J

DEBENTURES— Ak. Harb. Bd., 1932, 4J p.c. — .. 98/10/0 Auck. Harb. Bd., 5} p.c. 99/0/0 .. — Auck. City, 1936, 51 p.c. 99/070 .. -- Auck. City, 1963, 5* p.c. 100/0/0 .. 102/10/0 Auck. Hosp. Bd., 5J p.c. — .. 101/0/0 Gisborne Sheep Farmers — .. iOO/0/O Mt. Eden Loan, 5} p.c. 100/0/0 .. 102/0/0 N.Z. Breweries — • • 1/9/0 Timaru H. 8., 1936, 5 p.c. — .. 93/0/0 WAR LOANS— Loan, 1933, 4J p.c. ... 100/2/6 .. - Loan, 1939, 4A p.c. ... 100/2/6 .. _ Loan, 1941, 4A p.c. ... 100/0/0 .. — Loan, 1933. 51 p.c. ... 99/0/0 .. — Soldiers, 1933, o§ p.c. 100/10/0 .. - Loan, 1936, 5} p.c. ... 101/0/0 .. — INSCRIBED LOANS — Loan, 1938, 4* p.c. ... 100/0/0 ..100/10/01 Loan, 1939, 4* p.c. ••• 100/0/0 .. 100/5/0 Loan 1927-41, 51 p.c. 99/0/0 .. - Loan, 1933, 51 p.c. ... 99/10/0 .. 100/0/0 CALL AND DIVIDEND LIST. DIVIDENDS. Due. Colonial Sugar, 61 p.c. (half year) Now Waihi—l/ per share .......... Dominion Pictures, pref. and ord., 71 p.c. p.a ............. Now Sharland and Co., pref. and ord. (final), H p.c. • • ...;■ • • Nov. 7 Abraham and Williams (Interim), 2j pc Nov. 1:L English, Scottish and Australian Bank, final, 7J p.c. ........... Nov. 14 Northern Steam (Interim), 8 p.c. p a Nov.la Burns, PMlp'(lnterim), 10 p.c. p.a. Nov. 15 Broken Hill, South—l/ 6 a share . Nov. 15 Taupiri Coal (Interim), 5 p.c, ord. Nov. 16 Taupiri (Interim), 1/ per share, new issue, proportionate Nov. 16 Dalgety and Co., 10 p.c. (final), and 7/ per share bonus Nov. 18 National Bank of Australasia, ord. and con., 10 p.c. p.a Nov. 27 New Zealand Paper Mills (Interim), 31 p.c Nov. 29 National Insurance (final), 5d a share Nov. — Australian Glass, quarterly div., pref. shares, 9 p.c. p.a., interim on ords. at 10 p.c. p.a Dec. 1 Bank of New Zealand, Interim, 1/4 per share Dec. 7 CALLS. Taranaki Oil —1/ per share Nov. —