Insurance Steady

Sun (Auckland), Volume IV, Issue 977, 21 May 1930, Page 13

Insurance Steady

Farmers’ Trading Selling OTEADY buyers are quoting for insurance shares and O prices are well maintained. Farmers’ Trading (ordinary) continue to sell freely at 8s 9d.

Business on the Auckland Market Transactions on the Auckland market {>ver the past 24 hours included: Yesterday afternoon: Bank of New Eeuland. £2 19s; South British Insurance, £2 19s 3d; Devonport Steam Ferry, ;£1 2s; Northern Steamship 14s 3d; British Tobacco, £1 19 S ; Farmers’ Trading (ord.), 8s 9d; Gear Meat !£1 ISs; Mount Lyell, XI 8s 9d. At the morning early call: Bank of New Zealand, £2 18s 9d; Farmers’ grading, 8s 9d. At the midday call: Knglish, Scottish hnd Australian Bank, £6 2s tt'd; Auckland Gas, £1 4s Id; Auckland Gas £1 4s 3d: New Zealand Inscribed Stock. 1932, 54 per cent., £9B 15s. • * * Market at Midday The bank section is active and iiumerous sales are recorded. Australian of Commerce are a shade Jirmer. Commercial of Australia are t-teady. English, Scottish and Australian are slightly firmer. Sales at midday. £6 2s 6d. National of New Zealand have eager buyers at £6 4s New Zealand sold this morning at 58s »d, a drop of threepence. Union have strong buyers at £ll 4s, sellers £ll pis.

In the loan and agency section buy-

ers have appeared for Dominion Investment and Banking at 18s, sellers holding for 20s 3d. Farmers’ Auctioneering, both pref. issues, are asked ror, no sellers quoting. Goldsbrough, Mart, are steady. River Plate have buyers at 28s 6d, sellers 30s. Loan and Mercantile, ord., have persistent buyers at £9O. A steady demand continues for Government bonds and stocks, few sellers appearing in this section. * * * Dividends Due National Bank of Australasiafinal, both issues, 10 p.c. p.a. May 28. Bank of N.S.W.—quarterly, 2J „ p c May 28. Farmers’ Trading—A and B pref., 7 p.c. p.a May 31. Burns-Philp—final, 10 p.c. p.a. May New Zealand Paper Mills—final, 74 p.c. p.a May 29. P. and O. Deferred Stock—lnterim, 5 p.c., free of English taX mm mm mm mm mm mm J^JaV Wilsons Cement—final, 5 p.c", bonus. 24 p.c June 4. Mount Eyell—interim, 5 p.c. .. June 23. Faterine Stock Foods—pref., 5 Call 1 * 0 ' pa " June. Reliance Loan Co.—pref., 2s 6d a share jniv 2.