A More Buoyant Market

Sun (Auckland), Volume IV, Issue 994, 10 June 1930, Page 11

A More Buoyant Market

Position on ’Change

in-

“Noon Call.”

STEADY trading, with a securities, was recorded on is a more buoyant tone in tl period this year. ri.ii-tuatians Price movements, shown by a comparison of sales over the past 24 hours, compared with the price at the time of the previous recorded sale, include: Kempthorne Prosser, rise of ts 9d. • » * Business on the Auckland Market Transactions recorded on the Auckland market over the past. 24 hours have included the following: yesterday afternoon: City of Auckland, 1044, 51 per cent.. £93: Auckland Gas (con.), ISs; Northern iteam, 14s 6,1 ; Waihi Gold Mininsr, 13s Stt yt this morning's early call.—New "ealand War Loan. 1936, 55 per cent., ■•99 7s 6d; Kauri Timber, 13s 6d; Gear Meat, 37* 3d: Commercial Bank of Australia, 22s 3d. At midday: Kempthorne Prosser, f.js: New Zealand Inscribed *Stock. 1937. 5 1-8 per cent., £95. Market at Midday The banking group is very firm: New Zealands have moved up to slightly ove r 60s; Commercials are very firm at late rates. In the insurance section, New ZeaJjinds are firmer, and buyers at 45s this morning failed to attract sellers. In the miscellaneous section, Farm-

firm demand for all sound i ’Change this morning. There le market than at any other ers’ Trading continue to meet with a steady demand around Ss 9d: Kempthorno Prossers improved to see sales at 655. New Zealand Refrigerating are hardening and sellers are not quite so ready to come on the market, no doubt reckoning on the company having had a better time during the season just closing. More Interest in Coals The news that Arapuni is closing down has resulted in slightly more interest being taken in coals; a buyer came in for Pukemiros this morning at 645, giving that scrip the first buying support for several weeks. Shares in South Island mines are also meeting with a slight awakening of interest. Dividends Due Robinson Ice Cream—annual, 10 Devonport Steam—final, Sf p.c. June 14 Bank of N.Z.—final and bonus, 14 1-3 p.c. p.a June 21 Alount Lyell—interim, 5 p.c. . June 23 Australian Glass—final, ord., 5 p.c. bonus, 2i p.c.; pref final, 4£ p.c June 25 farmers’ Trading—ord., 10 p.c. P.a June 26 Loan and Mercantile—interim, ord., 2 p.c.; 5 p.c. pref., 2j; p.c.; 6i p.c. pref., 3J p.c. . June 30 Morris Hedstrom—final, 4 p.c. .. June 30 Reliance Loan Coy.—final; ord.. 5 p.c., pref. 4 p.c June