Commercial Bank Ease

Sun (Auckland), Volume IV, Issue 965, 7 May 1930, Page 11

Commercial Bank Ease

Dalgety Selling

ANOTHER fait is registered in Commercial Bank shares. n , T1 ‘ PSe . " h: ‘ res S 5>W at midday at 20 s , leaving the market with buyers l9s lOd, sellers 20s. Dalgety sold this morning at £ll 3s 6d.

Business on the Auckland Market

Transactions on the Auckland market over the past 24 hours included: Yesterday afternoon: English, Scottish and Australian Bank, £6 5sNational Insurance, 14s 8d; Northern Steamship, 14s Cd; Kauri Timber, 13s fd: New Zealand Breweries, £2 n s At the morninc early call: Nationai Insurance, 14s Scl; Farmers' Fertiliser, 18s 6d.

At the mid-day call: Commercial Bank of Australia, £1; Dalgety, £ll 3s 6d: Auckland Gas, JE 1 3s lOd.

Market at Midday Banks continue to sell freely, although In many cases at reduced figures. Australasia sold yesterday at £l3 6s, leaving steady buyers English and Scottish are slightly easier. National of New Zealand are inclined to firm National of Australasia are steady. New Zealand have again eased. Union of Australia are unsupported, sellers appearing at £ll 15s In the insurance section Nationai sold again at 14s Bd. New Zealand again have buyers at 43s 6d, sellers 44s 3d. South British are supported with buyers 57s 6d, sellers 60s.

Mining is lifeless with the exception of Waihi. these, shares continue to attract many investors. Mount Lyell ore slightly weaker.

Faterine Natural Stock Foods A net protit of £671 is shown in the ninth annual report and balance sheet SJ 1 ? faterine Natural Stock Roods t.x.Zi.i Rtd., lor the year ended Februaxy, 1330. The directors report that the output of the company has been ■well maintained, and prospects for increased business during the coming season are bright. During the year the Debenture issue of £I,OOO was redeemed. A dividend at the rate of 5 per cent, per annum is proposed for preference shareholders; this will ?ks°rt> £BO4, leaving, with the amount Drought forward from last year, £335 to be carried forward. Dividends Due Bank of Adelaide final, 4 p.c. May Ue> 7 W’aihi Gold Mine—final, Is a share .... nr _ . May 9 Dalgety and Co.—interim, 5 p.c. May 15 National Insurance—interim, 4d a share May 15 Queensland National Bankinterim, 8 p.c. p.a May 15 ?A n , k of Australasia final, both issues, 10 p.c. p a Mav 9c New Zealand Paper Mills—finab' * 71 pc ' pa May P. and O. Deferred Stock—interun, 5 p.c., free of English ax May.