Market Quiet

Sun (Auckland), Volume III, Issue 920, 13 March 1930, Page 12

Market Quiet

Position on ’Change By ‘‘Xoon Call." INTEREST iii Stock Exchange investments at the moment is being confined mostly to banks and insurances. The market continues depressed, with prices most irregular.

Fluctuations Price movements on the Auckland market over the past 24 hours rhown by a comparison of sales with the price at the time of the previous recorded sale, include: New Zealand Insurance, fall of 3d. _ , National Bank of New Zealand, fall of Is. r „ , , Mount Lyell Mining, fall of 1 2 ,d. National Bank of Australasia, fall of 1s 6d. Business on the Auckland Market Transactions on the Auckland market over the past 24 hours included the following: Yesterday afternoon. National Hank of New Zealand £ 5 19s; Bank of New South Wales. £4O: New Zealand Insurance, 43s 9d: Mount Lyell, 32s 3d and 32s 4£d. At this morning’s early call. —New Zealand Insurance, 43s 9d. At midday call: Commercial Bank of Australia. 21s Tel: National Bank «>f Australasia, £l4 18s Gd: Donaghy’s Hope. 345: Auckland Harbour Board, « per cent.. £ 102 10s. Pukemiro Oividend The directors of Pukemiro Collieries. Ltd., announce an interim dividend of 2s a share, payable on March 31.

Market at Midday Little movement was shown in the i market at midday. Commercial Banks were firmer, with I buyers at 21s Bd, compared with sales ; down to 21s 6d yesterday. Nationals j of Australasia were a little easier. . New Zealands are the only shares j attracting much attention in the insurance group. Loan and Agency scrip is practically neglected, with only nominal quotations in for most shares. ! Sellers predominate in the coal group, and the section at the moment is only attracting the purely speculative section. Miscellaneous shares are quiet; most of the better-known scrip attracts ] steady buyers, but there is little real strength in the market. Dividends Payable Due. final, :>i p.c '. . . . Mar. j C. L. Junes—interim, pref.. 4 p.c. Mar. 31 ■ Huddart-Parker, final. ord.. 5 , P-c., pref., 3 p.c Mar. 15 Amalgamated \\ ire less (Australasia)—interim. S p.c. p.a Mar. 24 Booth-Macdonald and Co.— o.c. pref Mar. * * * I Kempthorne-Prosser Drug Co. — 4 p.c Mar. 21 Hume Pipe Co. (A us.) —interim, P.a Apl. 10 ord.. pref. and deb. stk.. S p.c. British Tobacco —interim, p.c. . . Mar. 21 pref., 5 p.c., ord, 3 p.c Mar. 28 uino 'luraaiui —cloiuuq ; Bank of Australasia —final. 7 p.c. Apl. 4 : Milne and Choyce, Ltd.—interim.