TRANSACTIONS ON 'CHANGE.

Auckland Star, Volume LX, Issue 288, 5 December 1929, Page 4

TRANSACTIONS ON 'CHANGE.

SPURT DIES DOWN. A QUIET MORNING. Liveliness on the local Stock Exchange was continued yesterday afternoon, and a good number of sales were finalised after the "Star's" main edition went to press. The movement proved'to be in the .nature of a spurt, for at this morning s call bidding was comparatively dull, and not a single fresh sale was recorded. Following the Home market, Dalgety's shares have eased with a sale at £13, much the lowest price accepted for this scrip for a considerable period. Rights in Goldsbrough, Morts new issue, which were selling freely a few days back at 7/, are now offered at 6/6. Buyers for Auckland Gas have dropped back to £1 4/9. Taranaki Oil has been very dull of late, and the highest offer is 3/6, with sellers at 4/. Buyers of Milne and Choyce debenture stock are back to £1 7/. Two parcels of Inscribed 4%'s were offered this morning at £100 10/. The Noon Call. A-few sales were recorded at the noon call, and quotations generally were restated, with a downward trend continuing in some lines. The highest offer for Breweries was £4 4/6, with sellers at £4 6/6. There is brisk bidding for gilt-edged stocks, and in addition to Government loans a number of municipal debenture issues are asked for. P. and O. shares are sought, with highest buyer down to £2 10/. 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. a. English, Scottish and Australian Bank 4 19 4 Dalgety and Co 6 10 9 Farmers' Auctioneering .... 10 5 2 Taupiri Coal 6 17 11 Electrolytic Zinc 7 3 10 Electrolytic Zinc (pref.) .... 7 2 3 Mount Lyell 9 11 9 Commercial Bank of Aus. .. 5 15 4 Farmers' Fertiliser 7 2 3 New Zealand and Eiver Plate o 15 2 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), _ 7J p.c n ow Loan and Mercantile (final), pref 2i p.c, and ord. 5 p.c Dec. 6 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 ,# % jjec 20 Morris Hedstrom (final), 4 p.c. .. Dec 31 National Bank of New Zealand (Interim), 6 p.c ;•;, j an< 4 CALLS. Lucky Shot—3d per share r>^lß Mount Welcome—ld pec share .... Dec! 20