Prices Erratic

Sun (Auckland), Volume IV, Issue 992, 7 June 1930, Page 12

Prices Erratic

■* 4 Market On ’Change By “Noon Call.” ALTHOUGH prices, in the main, held firm on recent higher levels, prices for some of the more popular stocks were slightly erratic this morning.

FLUCTUATIONS Price movements over the past 24 hours, shown by a comparison of sales with the price at the time of the previous recorded sale, include : —rQank of New Zealand, rise of 6d. » British Tobacco, fall of 3d. / Mount Lyell, rise of 2d. r • * * Business on the Auckland Market Transactions on the Auckland market over the past 24 hours have included the following: Testerday afternoon: Colonial Sugar, £42; South British Insurance, 60s. This morning: Bank of New Zealand, 60s 9d; British Tobacco, 41s (two parcels); Gisborne Sheepfarmers’ (debs.), £S2. Milne and Choyee (deb. stock), 265; Waihi, 13s 8d; Mount Lyell, 29s 6d; Auckland Gas, 1935, 6i per cent., £101; Wilsons Portland Cement, 455. * * * Goldsbrough, Morts Easier The market for Goldsbrough, Morts had a decidedly easier tone this morn-

ing, sellers dropping to 325, compared with sales yesterday morning at 335. Auckland Gas are very firm, and the market is now on levels which makes the comparative value of the shares as an investment rather questionable

British Tobaccos weakened slightly to 41s after several sales all over New Zealand at 41s 3d; New Zealand Farmers’ Fertilisers are very firm, with buyers at 19s 9d not attracting sellers on to the open market. The gilt-edged market is very firm, with all stocks meeting a steady demand. Dividends D u Due. Wilsons Cement—final, 5 p.c. bonds, 2i p.c Now. Tattersfield, Ltd.—interim, 4 p.c. June 10 Robinson Ice Cream—annual, 10 p.c June 12 Devonport Steam—final, 33 p.c. June 14 Bank of N.Z.—final and bonus, 14 1-3 p.c. p.a June 21 Mount Lyell—interim, 5 p.c. . June 23 Australian Glass—final, ord., 5 p.c. bonus, 2£ p.c.; pref final, 45 p.c June 25 Farmers' Trading—ord., 10 p.c. p.a June 26 Loan and Mei'cantile—interim, ord., 2 p.c.; 5 p.c. pref,, 25 p.c.; 65 p.c. pref., 3% p.c.. . June 30 Morris Hedstrom—final, 4 p.c. .. June 3D Reliance Loan Coy.—final; ord., 5 p.c., pref. 4 p.c. June