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A Quiet Tone

MARKET ON ’CHANGE

By “Noon Call.” A QUIET tone was registered on ’Change this morning. Buyers were cautious and there was a general tendency to await cables relative to the week’s opening business on the Sydney and Melbourne markets.

business on Auckland Market Transactions on the Auckland marker. during the morning included: At the early morning call: —Borough r*f New Plymouth, 1933, 5£ per cent., £97 10s. At the midday call: —Bank of New Zealand. 58s; Commercial Bank of Australia (rights), 2s 3d (two parcels). IMarket at Micidav Practically no movement was shown in the market at midday. Banks were Quiet, with New Zealands about the only scrip holding firm at last week’s closing rates, sales of these shares being made it 58s, more being wanted at that price. Insurances were quiet. In the coal group Pukemiros eased to see sellers at 70s unsupported; Renowns were sought at 14s 3d, with no sellers. Several quotations were withdrawn from the miscellaneous group, and quotations generally in this section were little more than nominal, with both buyers and sellers exercising considerable caution. Mining was neglected. Taranaki Oilfields, Ltd. Taranaki Oilfields report as follow:

3,800 ft. has delayed progress. Drill pipe twisted off near bottom. Now fishing for drill collar and bit. Gas active and slight show of oil.—P.A. Kuddart Parker Dividend The directors of Huddart Parker and Company, Limited, advise that an interim dividend at the rate of S per cent, on the preference shares and 5 per cent, on the ordinaries will be paid on March 15. This company paid its highest rate of dividend for the year 192 G, when the rate was 16 per cent.; 3 4 per cent, was paid for 1927, and 3 0 per cent, for 1925. Dividends Payable Due. Victoria Nyanza Sugar—final for last financial year, 5 p.c., and interim for current year, p.c Feb. 25 Broken Hill South—quarterly, 2a a share Feb. 26 Bank of New South Wales, quarterly. 2i per cent Feb. 27 Carlton Brewery, int. 7 per cent. Mar. 1 Electrolytic Z’nc —interim, ord. and pref.. 12 o.c. p.a Mar. 6 j Huddart Parker, intermim, 3 per cent, on prefs. and 5 per cent. on ords Mar. 35 C. L. Innes, interim, 4 per cent. Mar. 31

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19300217.2.112.1

Bibliographic details

Sun (Auckland), Volume III, Issue 899, 17 February 1930, Page 10

Word Count
378

A Quiet Tone Sun (Auckland), Volume III, Issue 899, 17 February 1930, Page 10

A Quiet Tone Sun (Auckland), Volume III, Issue 899, 17 February 1930, Page 10

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