LITTLE LIFE DISPLAYED

Evening Star, Issue 22893, 26 February 1938, Page 12

LITTLE LIFE DISPLAYED

TRANSTASMAN ISSUES HESITANT DUNLOPS ADVANCE ON DIVIDEND * ANNOUNCEMENT Little life was displayed in the investment market this morning and business was almost stagnant. The easier trend in London has been counterbalanced by a rise in Wall Street, leaving New Zealand markets uncertain and hesitant. Transtasman industrials moved within narrow limits, while Commonwealth mining issues closed fractionally easier on yesterday’s lower rates. Among banking stocks Australasias were marked up 2s on a vendors’ market following the announcement of the final dividend. New South Wales had buyers 5s firmer, but holders held late rates 15s away at £32 10s. Huddart, Parkers (ord.), cum. div., advanced another (Id to nnsupplied buyers £2 4s 6d. Prominent among market movements of Australian, industrials was a decline of 6d in Broken Hill Proprietaries (ord. and con.). Dunlop Rubbers had firm buyers 2d better at £1 3s, following the dividend announcement, but sellers were not attracted. Woolworths (Sydney) revealed a further easing, unanswered buyers receding 2d to £1 6s 6d. Taranaki Oils were steady with, a closer market between 6s 3d and 6s 7d. Mort’s Docks dropped 3d on a holders’ market to 10s 9d, while Consolidated Bricks closed between 7s and Bs. Australian mining stocks were quiet. Although Souths maintained yesterday’s rates. Norths and Zincs tended to slip. Mount Lyells lost 3d, while buyers of Mount Morgans finished 4d below the 10s mark, sellers quoting 10s Id, SALES REPORTED* —Late Yesterday.— Westport Coal, £1 3s 3d. -—This Morning.— Dunedin Brew r ery, £1 10s 6d.

DIVIDENDS DUE. Myttons—Half-yearly of 5 per cent, on ordinaries and 34 per cent, on preference Feb. 28 Edments Ltd.—lnterim at 10 per cent, per annum Feb. 28 Standard Portland Cement —Half year at 10 per cent, per annum Feb. 28 Winchcombe, Carsons half-yearly, 4 p.c Feb. 28 Westport-Stockton—Pref., 6 per cent, per annum Mar. 1 Paddy's Point—s per cent, per annum Mar. 1 Berlei Ltd.—lnterim half-yearly, ord., 5 per cent, per annum, pref., 4- per cent Mar. 1 Australian Guarantee Corp.—-Half-yearly, at 10 per cent, per annum ... Mar. 1 Elder, Smith yearly, at 7 per cent, per annum Mar. 1 Big River Gold—ld per share ... Mar. 1 Carlton Brewery Final 7£ per cent. ... Mar. 1 Yellow Cabs of Australia—lnterim 4 per cent Mar. 3 George Farmer, Sydney—Halfyearly pref. at 8 per cent, per annum ..; Mar. 3 M. K. Millinery—Final, 8 per cent. Mar, 3 Standard Insurance—Half-yearly, Is 3d per share Mar. 7 Queensland Brswery—lnterim, halfyearly ord., 7 per cent.; pref., per cent, per annum ... Mar. 11 W. R. Carpenter 10 per cent, per annum Mar. 15 Electrolytic Zinc yearly, 6 per cent., pref. and ord Mar. 17 Apex Invest. Trust Final halfyearly at 6 per cent, per annum ■■ Mar. 17 Broken Hill South—lnterim, 9d a share Mar. 18 Tongah Compound N.L.—ls per share Mar. 19 Huddart, Parker—Final, pref., 3 per cent.;,ord., 6 per cent. ... Mar. 19 Tongah Compound No. 2 NX. — Is share and bonus of Is per snare Mar. 25 Mackintosh, Oaley, Phojnix Ltd.— 3£ per cent, per annum Mar. 31 North Broken Hill—lnterim, 9cl a share ... Mar ' 25 CALLS DUE. Bricks and Mortar—ls a share (making 4s paid) ... Feb. <!8 Olympic Tyre and Rubber Co.5s a share (making 15s paid) leb. <IB Broken Hill I'ty—New, 5s a share (making 5s 8d paid) Mar. 51 Castlemaino Perkins—ss a share making 7s 6d paid) Mar. 31 Felt and Textiles—ss (making 10s paid) Apr. 1 Burns, Philp—New, 5s a share (making 10s paid) Apr. 1 Aust. Paper Manufacturers (pref.) —ss (mailing 15s paid) May 31

LONDON STOCK EXCHANGE

Press Association—By Telegraph—Copyright

LONDON, February 24. Tho following are the latest quotations of Government securities: — Consols, 2£ per cent £7B 0 0 Funding Lo»n, 4 p.c, 1960-90 111 0 0 Assented Wir Loan ... 103 10 0 Conversion Loan, 3£ ... ... ... 102 10 0 Victory Bonis, 4 .... HI 0 0 Commonwealth, 5, 1945-75 ... .... 108 12 6 Commonwealth, 4, 1943-48 103 15 0 Commonwealth. 3J, 1948-53 ... 101 2 6 Commonwealth, 3i, 1956-61 ... 93 7 6 Commonwealth, 3, 1955-58 ... -. 90 10 0 New South Wales, 4J, 1935-45 ... 98 10 0 Victoria, 3, 1929-40 ... 95 8 9 Victoria, 4i 1940-60 ... ... .... 104 7 6 Victoria, 5, 1945-75 ... ~, ... 108 5 0 Queensland, 3, 1922-47 96 8 9 Queensland, 5, 1940-60 ... 106 17 6 South Australia, 3, 1916 79 7 6 South Australia, 5, 1945-75 ... 108 10 0 West Australia, 5, 1942-62 ... ... 101 2 6 Tasmama, 3J. 192040 ... 1M 9 Tasmania, *, 1940-50 101 15 0 New Zealand, 4*. 1948-55 103 13 . 9 New Zealand, 3J, 1940 ... - ... 101 6 3 New Zealand, 3, 1845 ... ~, j,., 97 12 6