A Quiet Morning

Sun (Auckland), Volume II, Issue 564, 17 January 1929, Page 12

A Quiet Morning

RENOWN COALS FIRMER

Bv

“NOON CALL’’

A FALLING off in the volume of business was registered on 'Change this morning. No sales were put through in the call room.

THli banking and insurance groups ■ show litle change. Union Banks ;i *>* slightly easier, with sellers at £ls 17 s unsupported. Commercials are, very firm, sellers withdrawing; at middo y, leaving firm buyers in at 30s lOd. * * In coals, buyers of Renowns improved to 16s at midday, with sellers holding firm at 17s. The preference scrip is in steady demand at about twopence premium. A seller of West-p-.rts came in at the mid-day call at :*,"s 6d. without finding support. Waipas offered at 13s 6d are in the same posi- : n. although in Jheir case the mark t is very weak, the last recorded sale being at 12s 3d during the closing week of October. Tattle movement of interest has ... n pi ice in the miscellaneous grou> Saiifords are in slightly better tone, buyers of the preference scrip moving i p sixpence to 19s at mid-day. Whittome Stevensons are also showing more i length, and buyers this morning, at the latest market price, could not draw sellers below 455. Electrolytic Zincs

meet with a steady demand. The directors of this concern announce an interim dividend at the rate of 12 per cent, for the half-year ended December 31. It will be payable on March 1. Tn the mining group. Lucky Shots are inciting more interest, due to favourable developments at the mine. The market has a decidedly stronger tone. Waihis are also slightly firmer, sales being made outside tl»e callroora at 14s 6d, compared with 14s 5d earlier in the week. * * * Business yesterday afternoon: On 'Change—Bank of New Zealand, 625: New Zealand Breweries. 68s Reported —Auckland Gas (ord.), 24s 6d: Northern Steam (con.), 6s 8d: LeylandO’Brien Timber. 33s 9d: New Zealand Breweries, shares 58s, debentures 25s lOd. Business at this morning's early call: Reported—Waihi Mining. 14s 6d. Business at mid-day: Reported—Wilson’s Cement, 41s Bd.