A Quiet Tone

Sun (Auckland), Volume III, Issue 828, 23 November 1929, Page 10

A Quiet Tone

Market on ’Change By ".Noon Call. ’ TllK mi ‘Change closed this morning with a quiet tone in moit s' etions. The volume of business, in sympathy with that over the whole week, was not heavy.

F.uct uat'O^s p.'> i ison of sales ovt r the past 24 hours with the price ar the time of the previous recorded sale, include: Commercial Bank of Australia, rise of 2d. Dalgety’s, fail of 2s Hast sale • n Christchurch on Wednesday). Westport Coal, fall of 1s 3d Hast sale m Christchurch on November 9). Business on the Auckland Market Transactions on the Auckland market over the past 24 hours Included: '• »ter da 3 i fti moon. i tammerclal li.'inl; of Australia. 27s 7WI to 27s 8d: I CIS l«s Auckland Ga», 235. Business this morning:.—Westport • *oal, 33.«. Market This Morning Thu market this morning showed little movement, Commercial Banks, which strengthened yesterday afternoon to sell, as :t result of outside inquiry, at up to 27s Bd. were slightly weaker with sellers at that price support, d by buyers at 27h 4d. New Zeaaruls were also a little easier, with Mors at 60s t>d unsupported. In the loan and agency section GoUlsbrough. Morts, with sellers at 43s • ; d. drew buyers at 42s Dd, at this buy'•iff price the return on the 15 per cent, iividend basis, after subtracting the value of the rights, being approximately £7 5s 3d per cent.

, In coals a seller of Grey Valleys came in at 23s to find support at 26s 3d. This scrip appears fairly strongly held at the moment. Renowns are .steady, with a market in the vicinity of 17s. In the miscellaneous group British Tobaccos are decidedly easier, with sellers at 43s failing to draw support above 43s M. Sellers of Robinson Ice (’reams at 25s 6d drew a buyer at 24s 6d; at the buying price the approxixnate return on investment, based on the 10 per cent, dividend, is slightly ‘ over S per cent. Dividends Payable Due. ' Wilsons Cement —interim 5 p.c. Nov. 26 Nat Bank of Australasia—inetrim, ord. and con., 10 P-c p.a Nov. 27 • Ley-land-O'Brien—final, lOd a share Nov. 27 N.Z. Paper Mills—interim. . 3’, p.c Nor. 29 t'nited Insurance—interim, 10 p.c. p.a. .. Nov. ' Westport Coal—final, 3 p.c. . Not*. Ausfc. Glass—interim, 9 p.c. p.a., pref.; 10 p.c. p.a. ord . . Dec. 1 Henry Jones Co-operative—-fiual. Is 3d a share Dec. 2 . N.Z. Breweries—interim. 71 P- 1 ' . Dec. 2 Bank of N.Z.—lnterim. Is 4d a share Dec. 7 Amalgamated Wireless—B p.c. P-a Dec. 8 Mount Lyell—final, 2s 9d a share Dec. IS I Kauri Timber—3 p.c. About Dec. 13 Loan and Mercantile Agenev I Co.—final, pref.. 24 p.c. and ord.. 5 p.c Dec.