Increased Buying Strength

Sun (Auckland), Volume IV, Issue 974, 17 May 1930, Page 11

Increased Buying Strength

Market on ’Change

By “Noon Call

T HE market on 'Change closed this morning showing the 1 greatest Saturday morning strength for many weeks A comparatively heavy volume of business was put through and several rises m prices were recorded. 1e :

fluctuations Price movements, shown by a comparison of sales over the past 24 hours with the price at the time of the previous recorded sale, include: Bank of New Zealand, rise of 6d. New Zealand Insurance, rise of 6d. Auckland Gas, fall of Id. Commercial Bank of Australia, rise of IJd. South British Insurance, rise of 3d. * * * Business on the Auckland Market Transactions on the Auckland market over the past 24 hours have included the following: Yesterday afternoon: New Zealand War Loan, 1933, 5J per cent., £9B; ditto, 1938, 4£ per cent., £9B ss; Commercial Bank of Australia, 20s 9d; Devonport Steam Ferry, 225; Auckland Gas, 24s Id. This morning: Bank of New Zealand, 595; New Zealand Insurance, 43s 9d and 445; South British Insurance, 59s 3d; Electrolytic Zinc (pref.), 25s 9d (three parcels); Kempthorne Prosser, 63s lOd; Auckland Harbour Board, 1948, 5£ per cent., £99.

Tooth Breweries, 345; Commercial Bank, .20s Bd.

Trustees, Executors, Ltd. The report of the Trustees, Execulnn^i an I 1 tA Se, } Cy Com P a ny (New Zea-f-o? d) ;v, Ltd -' states that the net profit £8 y , e . ar en <Jed March 31 was £ i’iii’ , makln s. with the balance of of Q ini 0 ” 1 « the .P revi °us year, a total ,7, tu. ? nt ' , PW annum absorbed £SOO. n,™t d ? C Or ?. recommended the payment of a dividend of 2J per cent “S 5 P er cent, for the year, £ 50o! bonus of 34 per cent., £7OO, and pertv nirt S m £ J' SSO ofc freehold prooffice furniture and station-can-Tad f, ”’ leaving a balance to be carried forward of £6,153. Dividends Due Der a a nUr 4 pS dical Su PP> y - M D "‘ Gre p c Valley Coal interim. '3 ‘ Y 9 ' Nat Oni I ,'' Hv, k - ot ' Australasia- May 21 ’ Bank of w SUCS ’ 10 p ?* p a * Ma y 28. n c° f S - W * —quarterly, 21 Farmers-“Trading-A And' B May 2S ' Burns-Philp-i’flnal P ' a 'o "pc" pa ‘mYv 31 ‘ New Zealand Paper Mills—final, y P. and P o; Deferred''stock—ini May ” 3 ' terim, 5 p.c„ free of English Wilsons ' Cement—final, "5 'pc’ May ’ bonus, 2} p.c. . u . Mount Lyell—interim, '5 p.c'.' " June 03 1 a ter me stock Poods—pref,. 5 Call? 0 ' pa Reliance Loan Co.—pref., 2s 6d a share July 2.