A Quiet Morning

Sun (Auckland), Volume IV, Issue 947, 14 April 1930, Page 11

A Quiet Morning

Fluctuations Price movements, showrT by sales on the Auckland ’Change during the morning, compared with the price at the time of the previous recorded sale, include: Australian Bank of Commerce, fall of 3d. Auckland Gas, rise of Id. * * * Business on the Auckland Market Transactions on the Auckland market during the morning included the following: At the early call.—Farmers’ Trading, * s 6d; Bank of New South Wales (Sydney register). X 39 ss; Bank of »w Zealand, 695: Moanataiari Mining, Is yd. At midday:—Auckland Gas, 23s Sd; New Zealand Kiver Plate. 295; Bank of New South Wales (Sydney Register), £39 ss; Hamilton Fire Board, ]939. 6 per cent.. £lOl 10s; Australian Bank of Commerce, 24s Gd. Australian Iron and Steel The second annual report of Austra.Jian Iron and Steel, Ltd., covering the year ended November 30, ID2D, the first full year of operations, discloses a net profit of £215,040. This compares with .£182.090 for the first period. At the end of the second period paid-up capital had increased by £235,393 to

MARKET ON ’CHANGE By “Noon Call.” INFLUENCED largely by the position across the Tasman the market on ’Change this morning had a slightly easie tendency. Business was spread over a comparatively wid range, hut total volume was not large.

.£ 2.97G.432, an issue of 600,000 ordii nary shares having been made last | June. Preference dividend of 7i per cent, absorbs £73,714. and a dividend j of 5 per cent, on ordinary shares, rc- ! quiring £91,675. is proposed. * Compared with £155,299 brought into the j accounts, a sum of £204,949 is carried • forward. Only the preference shares i aro held by the public, and 1,000,000 jof them have been issued. The ordi- | nary shares are held by Hoskins Iron | and Steel Co., Ltd., Dorman Long and Co., Ltd., Howard Smith, Ltd., and Baldwins, Ltd. * * * Inquiry for Murchison Oils | After a long period of neglect Murj chison Oils show signs of coming into the limelight. Buyers came in at 6s I this morning with sellers at £l. Dividends Due i Kempthorne-Prosser Drug Co.— final, 5} p.e Now. i Milne and Choyle, Ltd.—interim, ord., pref. and deb. stk., 8 p.e. p.a Now. i N.Z. Breweries — interim, 7-i p.e. Apl. 11 : Dominion Pictures, 9d interim on both issues Apl. 24 Waipa Collieries, annual, 5 p.e. May 1 j English, Scottish and Australian Bank, half-yearly interim . . May 1 Aust, Iron and Steel, half-yearly pref., 7i p.e., p.a May 1 ; CallReliance Loan Co., 2s 6d per i prof, share, on or before .. July 2