TRANSACTIONS ON 'CHANGE.
FAIR BUSINESS PASSING. , BANKS STILL WEAK. Quite a substantial volume of business was completed after the "Star's" main edition went to press yesterday, with few alterations from previous values. This morning commenced quietly, and only one sale was recorded at the 10 o'clock call."
Bank shares were again dull, with best offers for New South Wales £46 15/, Commercials £1 7/1, New Zealands £2 19/6. The coal section, and also the gilt edges continue strong, with plenty of buyers and few sellers. - A parcel of (1933) was offered at £100 5/, and one of 5Ya (1937) at £99 5/.
The Noon Call. The weak tone in banks was .confirmed at the noon call, with a sale of Commercials at £1 7/2. Mount Lyells also eased 3d. Breweries are dull, and buyers have reduced their offers to £4 7/. Dalgetys are offered at £13 12/, with no buyers. 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. £ 8. (3. Bank of New South Wales .. f> 5 10* New Zealand Insurance .... 3 19 10 South British 4 0 1 Auckland Gas (con,) 6 8 0 P. and 0. deferred stock .... 4 10 7 Wilsons Cement 4 16 4 Mount Lyell 0 7 1 Commercial Bank of Aus 5 10 5 Mount Lyell 9 9 4
CALL AND DIVIDEND LIST. 1 DIVIDENDS. Due. Wilsons Cement (Interim), 1/ per share ..• Now Reliance Loan Co. (Interim), ord. 5 p.c., pref; 4 p.c Now Le.vland O'Brien (final), lOd a share Now National Bank of Australasia, ord. and con., 10 p.c. p.a. ... Now New Zealand Paper Mills (Interim), 34 p.c Nov. 29 Farmers' Trading pref. (Interim) Nov. 30 Australian Glass, quarterly div., pref shares, 9 p.c. p.a., interim on ords.at 10 p.c. p.a Dec. 1 New Zealand Breweries (Interim), „7J p.c D ec, 2 Bank of New Zealand (Interim), 1/4 per share .; Dec 7 Tattersfiekl (final), 4 p.c. Dec! 10 Kauri Timber, 3 p.c Dec' 13 Mount Lyell (final), 2/9 a share .. Dec! 18 Morris Hedstrom (final), 4 p.c. .. Dec. 31 Loan and Mercantile (finaj), pref. 2J p.c., and ord. 5 p.c. Dec. CALLS. Lucky Shot—3d per share Dec? e iß Mount Welcome—ld rer share .... Dec! 20
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Bibliographic details
Auckland Star, Volume LX, Issue 282, 28 November 1929, Page 4
Word Count
393TRANSACTIONS ON 'CHANGE. Auckland Star, Volume LX, Issue 282, 28 November 1929, Page 4
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