Quiet Trading

Sun (Auckland), Volume III, Issue 766, 12 September 1929, Page 10

Quiet Trading

MARKET ON ’CHANGE 3

Bv

“Noon Call.”

LITTLE movement has been recorded on ’Change over the past 24 hours. Transactions continue spread over a >» comparatively wide range.

FLUCTUATIONS Price movements, shown by a comparison of sales over the past 2 4 hours with the price at the time of the previous recorded sale, include: Sanford, Ltd., fall of 3d. Goielsbrough, Mort, fall of 3d. Renown (pref.), rise of Id. South British Insurance, rise of 6d. Oevonport Steam, rise of Is. * * * Business on the Auckland Market Transactions on the Auckland market over the past 24 hours include: Yesterday afternoon. Ley land- 1 O’Brien, 31s 6d: Bank of New Zealand. 63s 3d; New Zealand Inscribed . .Stock, 1938, 4 J per cent.. £IOO ss; j Sanford, Ltd.. 18s 2d; Whittome Stevenson, 58s; Wilsons Cement, 44s 3d. • * <* At this morning's early call. —Golds- j brough. Mort, 46s 6d; New Zealand j Insurance. 4Ss 3d. At today's midday call: South British Insurance, 66s 6d; Renown (pref.), j 3s: Westport-Stockton (pref.), Is 6d: Hevonport Steam, 225; Taranaki Oil, j 4s 9d. Market at Midday One of the features of the banking sroup is the sudden weakness in the market for Commercials of Australia, j which advanced steadily to touch 30s 1 3d earlier in the week. This morning j sellers at 30s could only find support j at 2ss 9d. In the insurance group. South BriTisrh scrip is meeting with a slightly

better demand, and sales have taken place at up to 66s 6d. United©, which have been neglected on the Auckland market for a comparatively long period, found a buj'er this morning at £lO ss, but sellers were not attracted on to the open market. A firm tone is recorded in the shipping group. Northern Steams have steady buyers at par. The market for Devonports has moved up to see sales at 225, with more wanted at 21s Gd, but sellers holding for 22s 6d. The market for Waihi mining is weaker, with sellers at 13s 4d, supported by buyers at 13s Id. Hauraki Mines Consolidated The manager of the Hauraki Mines Consolidated reports that the battery clean-up yielded 180 oz. of gold; the or© was taken from the stopes on the Stockwood reef. Gold is showing in the back stope in two places. A quartz hopper is being built to facilitate the transit of ore from the mine to the battery. * * Dividends Payable Hue. lluddart-Parker—3 p.c. ord., 3 p.c. pref. (int.) Sept. 10. Kempt horn a Prosser—p.c. (int.) Sept. 24. Fukemiro Collieries—3s a share ‘■final) Sept, 26. Auckland Farmers’ Freezing Co.—6 p.c. p.a Sept. 27. Humo Pipe—S p.c. p.a. (final).Sept. 30. British Tobacco— 2% p.c. ord. (int.) Sept. 30 Whittome Stevenson, 2s a share (final) Sept. 30 C. L. Innes and Co.—B p.c. p.a. ord. and pref. (final) Oct. 1. Bank of Australasia —7s a share (int.) Oct. 4. Milne and Choyee—S p.c. p.a., shares and deb. stk Oct. 10.