MARKET STEADY

Evening Star, Issue 23677, 10 September 1940, Page 7

MARKET STEADY

STRONG DEMAND PERSISTS LITTLE BUSINESS REPORTED There was very little alteration in the first callover this morning on the Dunedin Stock Exchange. Government loans were in strong demand, with values steady No business was reported. A bid for New Zealand Insurance appeared again this morning at Os fid. Sales were reported in Auckland last week at £3 Is and £3 Is 6d. There was also a bid for Kaitangata Coal at a figure well below the offer. British Tobaccos, which are quoted ex dividend from to-day, were inquired for at £2 ss, at which price the bid stood yesterday (cum div.l. Austral N.Z.’s advanced on buyers’ quotations with no sellers coming forward. SALES REPORTED. —Yesterday.— N.Z. Drug (rights), £1 5s 3d. AUSTRALIAN STOCK EXCHANGES Press Association—By Telegraph—Copyright SYDNEY, September 9. Trading on the Stock Exchange to-day was quiet, and prices in several cases eased Corning Sales.—Commonwealth Bonds, 4 per cent., 1941, £lOl 11s 3d; 4 per cent., 1961, £IOB 17s 6d; Commercial Bank of Sydney, £l9 Is; Bank of New South Wales, £26 Ss; Tooth’s, £2 9s 3d; Australian Consolidated Industries, £1 15s fid (cent., 17s 3d); Colonial Sugar, £46 15s. Afternoon Sales.—Colonial Sugar, £46 12s fid; Peters, £1 Os fid; Oil Search, 4s; Broken Hill Proprietary, £2 3s; Bank of New South Wales, £26; Woolworths, 17s General Industries, 17s; Electrolytic Zinc. £2 10s 3d; Tooths. £2 9s 3d; Pelt and Textiles, £1 19a lOld; Australian Securities, 5s 7d; Howard Smith. £1 Is 3d. MELBOURNE. September 9. New Broken Hill. 14s 2d; Mount Lyell. £1 7s 9d. ' DIVIDENDS ANNOUNCED “GENERAL INDUSTRIES LTD. General Industries Ltd. have declared an interim dividend for the half-year ended August 31 c-u the preference shares of 3i per cent., and on the ordinary shares of 5 per cent., payable on September 30. WOOLWORTHS (VICTORIA) LTD. Woolworths (Victoria) Ltd. have announced a dividend of 3i per cent, on the preference shares, payable c«n October 15. SYDNEY STOCK EXCHANGE Press Association—By Telegraph—Copyright SYDNEY, September 10. (Received September 10, at 1.30 p.m.) Bank of Australasia, -£7 os; Commercial Bank of Australia, 13s 8d; Bank, of New South Wales, £26; Tooths, 49s 3d; Tooheys, 27s fid; Anthony Hordern, 13s; Broken Hill Proprietary, 435; Dunlop Perdriam, 19s. DIVIDENDS AND CALLS, The following is a list of shares on which dividends will shortly be payable;— Huddart, Parker Ord. 5 percent., pref. 3 per cent Sept. 12 Woolworths (W.A.)—lnt. ord. 7| per cent Sept. 15 Co-op. Dairy Co. Ltd.—Annual, 4 per cent Sept. 15 Milburn Lime and Cement—Final, 5 per cent Sept. 17 D. and W. Chandler Halfyearly, pref., 3 per cent. ... Sept. 18 Electrolytic Zind Ltd. Halfyearly, 8 per cent. pref. and ord. shares Sept. 20 N.Z. Drug—lnterim, per cent. Sept. 20 Howard Smith Ltd.—lnterim, 2 per cent, (ord.), quarterly, , 6 per cent, (pref.) Sept. 25 Bank of Australasia—Final, 7 percent Sept. 27 Cox Bros.—Ord., Is a share, pref., 8 2-5 d a share Sept. 30 General Industries Ltd.—lnterim, Si per cent, pref., 5 per cent. ord: Sept. 30 United Building (Christchurch) — Interim, per cent Sept. 30 Woolworths (Victoria) Ltd.—3i per cent, pref Oct. 15 Woolworths Ltd. (Sydney)—Halfyearly, 6 per cent, (ord.) Oct. 15