Commercial Bank Selling

Sun (Auckland), Volume IV, Issue 931, 26 March 1930, Page 10

Commercial Bank Selling

Electrolytic Zinc Improve

COMMERCIAL Bank of Australia have again touched 225. market remains steady. Electrolytic both issues, have improved considerably.

By

"Noon Call."

Business on the Auckland Market Transactions on the Auckland market over the past 24 hours included: — i Yesterdav afternoon.—Bank of New Zealand, C 216 s 9d; Burns, Philp, £ 1 16s 9d; Hayward’s Pictures, 14s; Mi. Lyell, £1 14s 3d; New Zealand Inscribed Stock, 1927-41, 51 per cent., £96 10s. At the morning early call.—Commercial Bank. £1 2s: National Bank -if New Zealand, £6; Electrolytic Zinc (pref.), .€ 1 8s 9d. At the midday call.—Commercial Bank. €1 2s: Dalgety and Co.. £ll 2s j 6d; Electrolytic Zinc lord.), £1 7s 7fd„ Market at Midday The bank section remains quiet. '/Cnh occasional sales written up. Australasia have strong buyers, but fail to attract sellers. Commercial of Australia (pref.) have improved sightly. j ITnion biiv .s have increased to £ll ISs Od, sellers remaining at £ I£. Greater activity is noticed in coal shares. G. < y Valley have persistent buyers at 26s 9d. Hikurangv are unchanged. Pukfiiiiro are slightly firmer. Renown are stc -.dy. TaupirL are again in demand. Brewery scrip is still interesting many investors. Shares remain firm. Inn* s have strong buyers. New Zealand are inclined to firm Staples arc also improving. Taranaki Oil Progress Taranaki Oilfields report for the week ended -March. 22:—Gisborne No 1 well: Pumped mud into formation and succeeded in holding caving ground above 3,850 ft. fc»ide-tracked and lost

d to 3.9 ;ind shal'A. which also shows a tendency to cave. Sample of sand in return n ud sljows trace o£ oil. Now endeavor/ring to obtain sample of this ground with core barrel.—P.A. Mir>e Managers’ Reports '.dine managers report as follow: Hauraki.—As telegraphed, 101 b of specimen stone was selected from the /•ross reef at the 300 ft level. Gold has been left showing in the back fof the rise, which is up about Sft. A leading stope is being carried along on this reef to its junction with what appears lo be Legge’s reef, the distance being about 4ft, over which strong gold has been seen. A start has been made to stope in the opposite direction, but no quartz has yet j been taken down. : Dividends Payable ! Dunlop Perdriau—interim, cum. ; pref., 5 p.c.. ord. 3 p.c Mar. 28 ; Pukeiniro Collieries, intermim, 2s 1 a share Mar. 31 j British Tobacco —interim, 3 p.c. Mar. 31 i Hume Pipe Co. (Aus.) —interim. 4 p.c Mar. 31 I C. L.. Innes—interim, pref.. 4 p.c. Mar. 31 I X.Z. Guaranteed Stock—interim, and 4d on 8s pd., lOd on fully pel., 7 p.c. on pref. . . . . . Mar. 31 Timaru Breweries —10 p.c April Bank of Australasia—final, 7 p.c. Apl. 4 Howard Smith. Ltd. —interim, cum. pref., 6 p.c., p.a Apl. 6 | Kempthorne-Prosser Drug Co.— 'final, 55 p.c Apl. S Milne and Choyce. Ltd.—interim, ord., pref. and deb. stk., S p.c. P.a Apl. 10 New Zealand Breweries—interim 7i p.c Apl. 14