Insurance Steady

Sun (Auckland), Volume III, Issue 807, 30 October 1929, Page 10

Insurance Steady

Coals Firm

STEADY bu>ine>s is recorded on ‘Change, although, many jrilt-edcred securities .'-till have a weakening tendency. Insurance shares arc attracting many investor-. The coal section is exceptionally firm.

The bank section is dull, and most shares remain at low figure-. Commercial of Australia have eased to >a!es at 26 s 2d. [National of New Zealand sold last evening at £ 6 14s. leaving the market slightly firmer. Wales are easier, while Union of Australia itave sellers at £l4 Os 6d, buyers quoting £l4 7s. Gas shares are inclined to firm. Buyers have advanced to 24s Sd, sellers now quoting 24s lOd, and sales "4s Bd. The contg. issue are unsupported. Timber is neglected. Bartholomew havo buyers at 20s 6d. Kauri are weak, sellers quoting 17s Od. LeylandO’Brien have sellers at 325, shares unsupported. Nationals have persistent buyers at 8s 3d, sellers quoting at Os. Mining is active, and many sales arc being transacted. Ohinemuri are wteady. Waihi.s are selling at 33s 7d. leaving the market unchanged. Mount Lyell are inclined to case. Yesterday afternoon’s business.—On ’Change: N.Z. Insurance, £2 6s 3d; Waihi G.M. Coy. 13s 7d. Reported—«'ommercial Bank of Australia, £1 6s lOd: Commercial Bank of Australia, il 6s 7£d: National Bank of New Zealand. .£6 14s Mount Lvell, £2 2s 3d: NZ Inscribed Stock. 2 933, 6 per cent.. £ 1 00.

Business at this morning's early call. —On 'Change: Commercial Bank of ; Australia. £1 6s 2d: Commercial Bank; R l: Ei a Australian : LS i 7 16s c of New South . Wales. C 47 17s 6d: British Tobacco (L.S.). £ 2 4s 7 Ld: N.Z. Paper Mills (L.S.), £1 0s 3d. Business at today’s midday call. —on ’Change: Auckland Gas, £1 4s Sd; Waihi G.M. Co.. 13s 7d. Reported: | . Newton King (pref.), 12s; Auckland i 1 Gas. £1 4s Sd. Dividends Payable Due. British Tobacco—pref., Interim, GL p.c. p.a Oct. Cl i D.I.C.— Pref, 6 p.c. (halfyear), ordinary, 10 p.c., P-a Nov. l Dominion Pictures—pref and old., 75 p.c. p.a Nov. 2 A us. Iron and Steel—pref., interim, 7.5 p.c. p.a Nov. l Waihi Gold Mining Co.—ls a -share Nov. 1 Farmers’ Co-op. Auctioneering—B p.c. p.a Nov. 12 1 Queensland Nat. Bank.—interim 10 p.c. p.a Nov. 14 1 Broken HIM South—ls 6d a share Nov. 15 . Nat. Bank of Australasia— Ord. and con., interim 10 P-o. p.a Nov. 2? Grey Valley Coal, final 5 p.c. (making 8 p.c. p.a.) Nov. 30 J