FINANCE & MARKETS Banks Selling

Sun (Auckland), Volume III, Issue 711, 10 July 1929, Page 10

FINANCE & MARKETS

Banks Selling

A FAIR number oi' sales are 1 the banking section, when T«*refl. Government Bonds and little business being recorded. Yesterday afternoon's business:—On *• ’hung**: Goldsbrough. Mort, £.2 Ba. i Reported: Commercial Bank of Alls-1 tralia. Cl 9s «d; National Bank of New Zealand £ Zealand Brew- • ties. £3 17s 3d Mount Lyell. £2 la * » Kuala Kara par. 14s: New Zealand Breweries (deb.), £1 6s 4£d. Business at this morning’s early i » •- —On ’Change: Auckland Gas, £; 1 i f id; ditto (con.), : 54, 18s od. j • On Cbange: New Zealand Breweries ; • deb.). Cl 6s 6d. Reported: Mount Byell, LZ * -‘H-round buyers are quoting. ■Wellington (prof.), have eager buyers at £7 6s, with no sellers. Insurance shares remain firm, i Australian Provincials are firming. ' Nationals are also moving upward, I z ] nd and South British remain steady i while Standards have keen buyers at! 645, sellers holding for 665. I

War Loan Firm

being transacted, especially in ■e keen business is being regisd stock are exceptionallv firm, !. Miscellaneous section is attracting investors. Booth Macdonald (pref.) • ■ r i. Colonial Sugars are re- j ceiving considerable attention. Phil-: } lipps and Impc-y have eager buyers at 57s Od. 'Wilsons Cements remain firm ; with buyers 425, shares unoffered. Loan and Agency is attracting considerable attention. Goldsbrough, Mort ; have firmed to to sales at 48s, leaving : the market steady. Newton King j (pref.), have buyers at 11s. River* Plate are also in demand, few shares j offering. Loan and Mercantile, both * ordinary and pref., have many keen j buyers, no sellers quoting. Calls and dividends are due as follow: Dividends— Due. j Hanford. Ltd.. 32 pc. ffinal) July 11. { National Rank of New Zealand— Final dividend of 12 p.c. p.a. and bonus of 2 p.c. . . July —. j Waihl Grand Junction—ld a r> ] j. share July 18. j Lucky Shot—2d a share .. . July 22. ! 1 Alburnia—2d a share July 31.