EASIER TREND REAPPEARS

Evening Star, Issue 22895, 1 March 1938, Page 6

EASIER TREND REAPPEARS

FIRM INQUIRY FDR BANKS MOUNT MORGANS SLIP BACK An uncertain undertone in London and a weakening in Wall Street contributed' to an easier trend in transtasman issues on the local market this morning. Turnover was the best for some time and was well spread. The’, brighter tone that marked operations in banking issues yesterday remained in evidence. New Zealands maintained the recent advance at buyers £2 3s, while New South Wales, generally recognised as an indicator stock among Commonwealth issues, was m a rived up 2s 6d to unanswered buyers £32 2s 6d. Hnclclart, Parkers (ord.) provided the bright spot among shipping stocks, final buyers maintaining a 3d advance at £2 4s 9d. Although such leaders as Broken Hill Proprietary and G. J. Coles held firm, an easier trend appeared in several transtasman industrials. Stocks to slip included, Associated News (pref.), Australian Glass, and Woolworths (Sydney),, which, sold Id down. Dunlop Pordriau Rubbers changed hands at £1 3s 3d, final quotations closing 3d on either side. British Tobaccos showed no change following the interim dividend announcement. Dominion industrials were inactive. Taranaki ■ Oils had a closer market, with buyers fractionally better between 6s 3d and 6s 9d. Dunedin Breweries hud an inquiry at £1 9s 3d, which failed to attract a response. Barrier companies revealed an easier trend, although Norths moved up 3d. Mount Morgans recorded a further decline, falling 2d to between 9s 6d and 9s 9d, SALES REPORTED. —Late Yesteday.— : Woolworths (Sydney, ord.), £1 7s Id. Woolworths (South Africa), 15s. —This Morning.— Electrolytic Zinc (ord.), £2 7s 7d (late yesterday). SALES ON ’CHANGE. —This Morning.— Bank of New Zealand, £2 3s. New Zealand Refrigerating i,cont.)> 8s 2d. G. J. Coles, £4 Is 7d (2). , Mount Lyell, £1 10s lOd (2). ■ SALES AFTER CALL. —Late Yesteday.—. Mount Morgan, 9s Bd. —This Morning.— Dunlop Perdriau Rubber, £1 3s ud. Woolworths (Sydney, ord.), £1 7s (2). Woolworths (South Africa), 16s.

DIVIDENDS DUE. 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.—Halfyearly, 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 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 Brewery half-yearly ord., 7 per cent.; pref., 5J 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. —Is per share Mar. 19 Huddart, Parker—Final, pref., 3 per cent.; ord., 6 per cent. ... Mar. 19 Tongah Compound No. 2 N.L.— Is share and bonus of Is per share ... Mar. 25 Mackintosh Caley Phcenix Ltd.— 3i per cent, per annum Mar. 31 North Broken Hill—lnterim, 9d a share ... ... ••• .... Mar. 25 CALLS DUE. Broken Hill Pty.— New, 5s a share (making 6s 8d paid) Mar. 31 Castlemaino Perkins —5s 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 (making 15a paid) « May 31