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New Zealand Herald, Volume XXXIX, Issue 11949, 25 April 1902, Page 4 (Supplement)

The demand for first-class investment stocks is well maintained, and buyers' requirements arc difficult to supply. The !Soutl> British Insurance Company paid an interim dividend of 2s 6d per share. The Mitchelson Timber Company has paid the usual (guaranteed) dividend of 10 per cent. The D.B.C. has had another successful year, and paid a dividend of 10 per cent., besides the usual bonus of five per cent, on shareholders' purchases.

Banks: The announcement of a prospective five per cent, dividend in the Bank of New Zealand caused the shares to advance rapidly to £3 3s, closing quotations being sellers £3 3s, and buyers £3. Nationals are wanted at £3 17s, and there are buyers of Unions at £41 10s.

Insurances: A good steady business in these. New Zealands have sold freely at £3 lis 6d, £3 12s, £3 12s 6<l, and £3 13s, closing with buyers at £3 12s 6d, and

sellers at £3 13s. .South British are firm with sales at £4 2s 6d cum. div. of 2s 6d per share, and £4- Is ex div., closing with buyers at £4 Is. Nationals sold at £1 Is. Now Zealand Accidents are easier, with sellers at £1 6s 6d. Gas: Aucklands aro firm, sales of fullypaids at £14, £13 18s 6d, and £14, closing with buyers at £13 18s 6d. Auckland now issue are offered at £13. Gisbornos sold at £1 12s. Shipping: Not much business m these. Devonport Ferrys are worth £1 19s. Northern Steams, contributing, sold at 7s 3d and 7s 4d, and thero are sellers at 7s 6d. Coals: Taupiri Mines sold at 18s 3d and 18s 6d cum. div., and there arc buyers at 18s 3d. Hikurangis sold at 8s 4d. Westports are very firm, with sales at £4 6s 6d and £4 8s bd, closing with buyers at £4

Bs. ' ~ . Timber: Kauri Timber, contributing, are wanted at Is Bd. Lcyland and O'Briens

sold at £1 12s, and Mitchelson's at 17s cum. div.

Miscellaneous: D.S.C.'s sold at 9s 4d, 9s sd, and 9s 6d ex div. Avondale Brick and Tottery sold at £1 Is 6d.

Mining: The mining market has been rather more active, one or two stocks receiving a good deal of attention. The Tairua Broken Hills Company has paid a dividend of 3d per share. This company's stock have sold freely from 4s 6d to 5s 2d cum. div., and from 5s to 7s 8d to 7s 6d ex div. Owing to the discovery of a new lode in the May Queen Extended mine, the stock have sold freely from 4cl to Bd. Kuranuis sold at sjd, 6d, 7d, anil 6Jd. Waihis sold at £5 17s 6d, £5 17s, £5 16s, and £5 15s. Waihi Extendeds sold at Is lOd, 2s, 2s Id, and 2s. Waitckauris sold at 4s 6<l, Komata Beefs at Is Id. Is 2d. and is 3d. Crowns have sold freely at 10s fjtl, lis, and lis 3d. Chehnsfords sold from 7d to Is lOd.