TRANSACTIONS ON 'CHANGE.

Auckland Star, Volume LX, Issue 287, 4 December 1929, Page 4

TRANSACTIONS ON 'CHANGE.

MORE BUSINESS DOING • AND A BETTER TONE. After a poor beginning to the week, business brightened up from the noon call yesterday, and quite a good volume of business was finalised before brokers closed their shutters for the day. Bidding this morning, too, was fairly animated, and several additional sales were recorded. In the business done Bank of New South Wales registered a sharp drop as a result of the recent payment of dividend, which, 011 this occasion, was not accompanied by a bonus. Sales of Commercials and Unions at lower rates reflected the general weakness in Australian securities. Bank of New Zealand are holding their values well, with another sale at £3. THE NOON CALL. Additional sales were recorded at the noon call. These included one of National Insurauce' showing a of 9d on the last transaction, but a dividend of 5d per share has been paid in the interim. Bank of New South Wales has recovered some of the ground lost with buyers at £41 15/. Buyers of New Zealand Insurance have lowered their offers to £2 5/.. Goldsbrough Mort shares are weaker with sellers at £ 1 19/6, and holders of New Zealand Breweries debentures are ready to sell at £4 6/. Milne and Choyce debenture stock .is firm with buyers at £1 7/3. I nterest 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. Bank of New South Wales .. 4 16 8 L.O'B. Timber 5 18 6 British Tobacco 4 17 3 Fanners' Trading (B pref.) 7 2 7 Farmers' Fertiliser .. 7 2 3 Mount Lyell 9 18 9 Inscribed Loan, 4J (1939) .. 4 10 0* Commercial Bank of Aus ... 5 15 9 Union Bank 5 8 9 Bank of New Zealand 4 15 7 , Auckland Gas 0 7 2 National Insurance 4 16 9 Farmers' Trading .. 8 17 9 ♦Free of income tax. CALL AND DIVIDEND LIST. DIVIDENDS. « Due. Farmers' Trading pref. (Interim) Now Australian Glass, quarterly div., pref shares, 9 p.c. p.a., interim on ords. at 10 p.c. p.a Now New Zealand Breweries (Interim), 75 p.c. Now Bank of New Zealand (Interim), 1/4 per share ; Dec. 7 Tattersfield (final), 4 p.c Dec. 10 Kauri Timber, 3 p.c Dec. 13 Devonport Steam (Interim), 33 p.c. Dec. 14 Mount Lyell (final), 2/9 a share .. Dec. 18 Goldsbrough, Mort (Interim), 10 P.c. p.a Dec. 20 Morris Hedstrom (final), 4 p.c. .. Dec. 31 Loan and Mercantile (final), pref. 2J p.c., and ord. 5 p.c Dec. — CALLS. Lucky Shot—3d per share Dec^lS Mount Welcome—ld per sharg .... Dec. 20