South British Selling

Sun (Auckland), Volume IV, Issue 1001, 18 June 1930, Page 13

South British Selling

Govt. Loan in Demand

SOUTH BRITISH continue to change hands freely at 60s, leaving the market unchanged. Government Loans are attracting many investors and prices are inclined to firm.

Business on Auckland Market Transactions on the Auckland market over the past 24 hours, inYesterday afternoon: Australian tionli of Commerce, £1 4s 9d: Bank fNVW South Wales (Sydney registry) rii) 10s; Bank of .New- South Wales iivdney registry). £33 ss; South BritInsurance, £3; New Zealand Inbribed Stock. 1935, 4i per cent., £39 the morning early call;—Commercial Bank of Australia, £ l 2s Id; <ou<h British Insurance, £3; Haywards Pictures, 13s. At the midday call;— ITuddartrarker ipref.). 19s 9d: British To£2; Electrolytic Zinc (pref.), r i 5.' 6d: Mount Lyell, £1 7s : Tamaki Koad Board, 6 per cent., 1962, £lO2 30s. , , * Market at Midday The bank section is again weaker. Commercials of Australia continue to sell freely at 22s Id. English and Scottish are considerably easier. New south Wales now have buyers at £ 3S Its 6d, sellers £39 ss. There is little change in New Zealands. Unions litve buyers at £ll 19s, sellers £l2 3s. Coals are slowly improving. Grey Valley have steady buyers at 23s Cd,

* sellers having now reduced to 24s Sd. ’ j I-likurangis are unchanged. Pukemiros have buyers at 635, with sellers GBs. Renowns, all issues, are again in demand. Taupiri ordinaries have firmed t.o buyers 26s and sellers quoting 27s (Id. The preference issue have buyers at 225. Westports are asked for at 29s 9d. Timber shares are attracting buyers. Kauris have persistent buyers ;it 13s 9d. Nationals have buyers at 7s 3d, sellers now quoting 9s 6d. Parker T-ambs buyers have improved to LOs, with sellers holding for 16s. Dividends Due Due. Reliance Loan Coy.—final; ord., 5 p.c.. pref.. 4 p.c. . . . June 18 Bank of N.Z.—final and bonus, 34 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, 4i p.c . June 25 Farmers’ Trading—ord., 10 p.c. p.a ... June 26 Goldsbrough, Mort and Co., Ltd., —final, 3 0 p.c. p.a June 27 Loan and Mercantile—interim, ord., 2 p.c.; 5 p.c. pref., 2j p.c.: 65 p.c. pref., 31 p.c. . June 30 Morris Hedstrom —final, 4 p.c. .. June 30 British Tobacco—interim, 3 p.c. June 30 N.Z. and River Plate Land Mortgage Co., Ltd.—interim, , 45 p.c July 1