AUCKLAND SHAREMARKET.

Auckland Star, Volume LXI, Issue 53, 4 March 1930, Page 4

AUCKLAND SHAREMARKET.

TRANSACTIONS ON 'CHANGE.

BUSINESS VERY DULL,

WITH MARKETS WEAK,

Business on the local Stock Exchange continues dull. There is a nervous feeling about and buyers are hesitant as to whether values have yet reached rock bottom. Practically all classes of securities have now come into line, with the general downward trend. As an instance a sale of War Loan 4% (1938) at £98 10/ may be quoted. This scrip changed hands on February 5 at £99 5/. Commercial Bank sold still lower yesterday afternoon at £1 1/9, and at this morning's call the best bid was £1 1/7. Australian Bank of Commerce are a shade easier, and Nationals of Australasia (con.) were offered 2/ cheaper at £7 9/. For Electrolytic Zinc the best offers this morning were £1 6/6 for the ordinaries and £1 7/6 for the prefs. Mount Lyells also were written down 6d, with sellers at £1 12/6. The Noon Call. Business was a shade more active this morning, and additional sales were recorded at the noon call. Bidding was more general, but in many cases buying limits were again reduced. Thus, for 4%'s (1939 issue), £97 10/ was the highest offer. Bank of New South Wales were offered at £40 7/6, and Wilsons Cement at £1 18/9. A buyer for New Zealand Breweries came forward at £4 0/6. 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. d. Commercial Bank of Aus. .. 617 5 Auckland Gaa (con.) 7 1 2 Mount Lyell ..- 12 4 3 Bank of New Zealand 5 0 2 Staples' Brewery 5 4 2 War Loan, 4£ (1939) 4 14 3 BUSINESS DONE.

Last Bale. AT THE 3.15 P.M. CALL YESTERDAY— Commercial Bank of Australia ... £1 1 9 .. £1 1 10 Auck. Gas (cont.) 017 0 .. 017 41 Mount Lyell 1 12 9 .. 1 13 4 AT THE 10 A.M. CALL TO-DAY— Bank New Zealand 217 3 .. 217 6 Staples Brewery.. 2 8 0.. 215 31 War Loan, 1930, 4J p.c 98 10 0 .. 99 5 0 AT THE 12.15 P.M. CALL TO-DAY— Auckland Gas (2) 13 6.. 1 3 v British Tobacco.. 2 0 7}.. 226 War Loan,. 1033, 5} p.c 99 2 6 .. 99 0 0 BANKB— Buyer*. Sellera. Australian Commerce 1/4/3 .. 1/5/0 Australasia 12/0/0 .. — Commercial 1/1/7 .. 1/1/9 Commercial (pref.) ... — .. 6/14/0 English and Scottish. 6/7/6 .. 6/12/0 N.Z. National — .. 6/2/0 •National Australasia.. — .. 10/lu/0 National Aust. (cont.) — .. 7/9/0 New South Wales 39/15/0 .. 40/7/6 New Zealand 2/17/0 .. 2/17/6 Union of Australia .. 12/0/0 12/1/0 INSURANCE— Australian Provincial — .. 7/3 National 13/9 .. 14/6 New Zealand 2/3/3 .. 2/4/0 Queensland — .. 2/12/0 South British 3/0/0 .. 3/1/0 FINANCIAL— Dalgety and Co — .. 12/0/0 Dominion Investment and Banking Assn. — .. 1/0/6 Farmers' Auctioneering — .. 4 /l/° Farmers' Auc. (A pref.) 17/0 .. 19/0 Farmers' Auc. (B pref.) 16/0 17/6 Goldsbrough, Mort ... 1/11/0 .. 1/11/9 Newton King (pref.).. 11/0 .. . 13/0 Loan and Mercantile 97/0/0 .. 104/0/0 North Auck. Farmers' 2/5 .. — N.A. Farmers' (B pref.) — .. 11/3 Reliance Loan (ord.) — .. 1/4/0 COAL— Grey Valley 1/6/0 .. 1/7/3 Hikurangi Coal 1/6 .. 2/3 Hikurangi (pref.) .... 4/0 .. — Hikurangi (A pref.).. 3/0 .. 6/01 Fukemiro 3/8/0 .. 3/10/0 Renown 14/9 .. 16/0 Renown (pref.) 3/0 .. 3/4 Renown (new issue).. — .. 3/~ Taupiri — •• l/^jA( Waipa — •• „ Westport — •• VIVO Westport Stockton — .. *■/?>

OAS— Auckland 1/3/5 .. */3/8 Auckland (cont.) 17/4 .. l'/6 Birkenhead . • • — • • 10/ C SHIPPING — Devonport Ferry — .. 1/^/0 Howard Smith, Ltd..< — .« 19/0 Huddart, Parker (ord.) 1/15/6 ..- — Northern Steam (p.u.) 13/3 Northern Steam (cont.),- 6/0 •• 7 /o Union Steam (pref.).. 1/0/0 .. — TIMBER— Bartholomew 1/1/0 .. ~7 Kauri Timber — •• l&f. Jj.O'B. 1/8/0 .. 1 National 8/5 9/0 BREWERIES — C. L. Innes and C 0... 1/1/0 •• — C. L. Innes (pref.) 1/1/6 .. — N.Z. Breweries ...... 4/0/6 •• Staples — •• 2/9/0 MISCELLANEOUS— Australian Glass .... — .. 2/2/6 Aust. Iron, Steel (pref.) — .. l/O/o Booth-McDonald (pref.) 4/9 .. British Tobacco 2/0/0 .. 2/-/0 Burns, Philp and Co. > — .. 1/17/9 Bycroft, Ltd. .. 1/11/6 .. 1/15/3 ■ Colonial Sugar 43/10/0 .. 44/10/0 Dominion Pictures .. I/0/0 .. — Dominion Pic. (pref.) 1/0/0 .. — _ Donaghy's Rope ..... — .. 1/WO Dunlop Perdriau Rubber — .. 18/0 Electro. Zinc (pref.).. 1/7/6 .. 1/8/0 Farmers' Trading .... 8/6 .. 8/8 Farmers' Trad. (A pre/.) 14/0 • • 17/« Farmers' Trad. (B pref.) — 13/0 Fuller's Pictures ..... —' .. 18/0 Gear Meat, Ltd. ...;. — .. 1/18/0 Hayward's Pictures.. — • • 18/0 Henry Jones, Ltd. ... 1/8/6 .. — Kempthorne, Prosser. — •• 8 / I^/y Milne, Choyce (deb.).. 1/6/6 .. 1/8/0 Morris Hedstvom (pref.) IS/0 .. — _ N.Z. Farmers' Fertiliser — .. I/O/"' N.Z. Paper Mills 19/0 .. 1/0/3 N.Z. Refrigerating ... 11/6 .. — N.Z: RMrig. (cont.) .. 5/6 .. 6/4 Sanford, Ltd. — • • 1^ Sanford, Ltd. (pref.).. — ... 1/0/0 S. R. Maxwell and Co. — •• 9/0 Taranaki Oil Fields.. 3/6 .. 4/9 Union. Oil ~ „ •• 2 /l/0 Wairakei, Ltd. 6/6 .. 10/0 Whittome, Stevenson. — .. -/O/b Wilsons Cement 1/18/3 .. l/18/o MINING— Alburnia .'..... — •• 0/6 Lucky Shot (pd.) — •• 2/0 Lucky Shot (c0nt.).... — •• I/O Moanataiari (5/ pa.) .. t/2 .. 2/6 Moanataiari (2/4 pd.).. Moanataiari (1/6 pd.).. I/* •• 7/5 Ohinemuri Mines 0/6 ~ i/» Ohinemuri Miues (pref.) — •• ■vvnihf ;.... 13/o .. 13/7 Waihi Grand Junction 1/2 .. 1/6 Mount Lyell 1/12/0 .. 1/12/6 OEBENTUREB— Auck. Gas, 1932, 5 p.c. — •• 99/0/0 Auck. Gas, 1935 61 p.c. 100/0/0 .. - Auck. H. 8., 1941, 6 p.c. 101/0/0 ..108/10,3 Gisborne Sheep Farmers — •• Hamilton F. 8., 1939, 6 p.c. — • • 10-/0/0 Mt. Albert, 1963, o} p.c. — •• 101/5/0 Christ. Drainage Bd., •tno/n/r, 1973, 5i p.c ~ •> 10 -/0/* WAR LOANS— 1 Loan, 1938, 4} p.c. ... — •• Loan, 1930, 4J p_.c. ... 97/10/0 .. 9S/10/6 Soldiers, 1933, oi p.c. 99/0/0 .. — Loan, 1936, 5J p.c. ... 99/0/0 .. INSCRIBED LOANC — Loan, 1938, 4J p.c. ... — •• 98/0/0 Loan, 1927-41, oi p.c. W/O/O .. — Soldiers. 1933, oj p.c. 99/0/0 .. — , Loan, 1936, oi p.c. ■ 99/0/0 .. — , XiOßn, 1037, oi p.c. ... »o/10/0 —

GALL AND DIVIDEND LIST. dividends. Due. Standard Insurance, interim, 6J Victoria Nyanza Sugar, final for last financial year, 5 p.c., ana interim for current year, Broken Hill' South, quarterly, 2/ a share .... - INOW Electrolytic Zinc, interim, ord and pref., 12 p.c. p.a * lar - b C. L. Innes (pref.), interim, 4 p Mar. 31 Huddart-Parker (pref.), interim, 3 p Mar. 10 Huddart-Parker (ord.), Interim, 5 p Mar. 13 Bank of Australasia, final, 7 p.c. .. Mar. 22 Booth, Macdonald, 2J p.c. pref. .. Mar. — Milne and Choyce, interim, ord., pref., and debenture stock, 8 p.c. p.a. April 10 CALLS. Due. Lucky Shot —3d a share Mar.' 10