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ON 'CHANGE.

MARKET IS BUOYANT.

MORE PRICE ADVANCES. UNION BANKS FIRM. Orders were plentiful, and a buoyant tone prevailed on tb: Auckland Stock Exchange this morn:::.'. At the fir.it c.i'l a i i-j list of sales was put through, with most values lirm and several fresh advancs recorded. In the bank.n? section tne chief feature was further streninh in I'nions. which sold 9/ higher. at £11. after which buyers at £10 1.5. remained in. ! ;t m• 1- i•= withdrew. New South Wales wore rimi. with buyers at £36 5. . and New Zealands showed further nn;.i .n cnu it:. w ,th a market between £2 2 6 an J £2 4 . Australian issues were firm, especially the metal group. Electrolytic Zincs, at ±3 6 . touched a new peak, while Mount LyelLs rose rapidly to business at £2 17 . Morts Dork moved up further, with buyers at li 10 and sellers 1." tt. In local industrials Holler Mills and Dominion Breweries were steady. Gas shares were slightly better, with a market between £1 1' and £1 16, and Sanford6 touched a new peak with sale at 5.'. The chain store tlass was active. G. J. Coles sold 6ci hizher. at £." 12, 6, with a later market between £2 12/ and £2 13'. Woolworths (N.Z.) and Sydney both sold at higher prices. Mount Morgans were very firm, with a sale at 17 IV*. and a later market between 18 and 18. 6. Pastoral shares were easier, Daleetys being quoted from £10 7/6 to £10 13 and Goldsbroughs from £1 17 6 to £1 17/10. Bank of New Zealands Advance. A chief feature at the noon call was a sharp rise in Bank of Xew Zealand shares, which chanced hands at £2 4/. compared with £2 0 9 last week. More could have been placed at the same figure, but sellers rawed their limits to £2 4/6. The insurance section was weak, and !New Zealands sold down, at £3 0 9 with no buyers in for South British! Metal shares showed no sign of easing, and Mount Lyel's were 1 dearer at £"* 18,. Morts Dock confirmed recent strength and sold 4d higher, at 15 3. Mount Morgans shared in the general buoyancy of Australian issues, with sales at 18/3 and 15/6. SAXES C OMPIETED. * T THI 3.15 P.M. CALL YEBTEROAY Last Sal*. Nat. Insurance . 0 18* 1 • <> il ii Auckland Gas .. 1 i ft _* lift" Horn. Brew., rts ft lo 3 " ft Ift « Broken Hill Pty. 4 8 6 .. 4 7 O Broken Hill Pty Sl7 ft .. 3 in 3 Elect. Zinc 3 4 O .. 3 3 6 Kler-t. Zinc <pf> r> <> (l G. J. Coles ]•_» ft .. r, 11 «i Roller Mills (pf> 12 6.. 126 Wilsons I'emeiit 1 1>; ■> .. i is :: Martha ft Ift :t .. i ft ft Mr. Morgan <>17 4 ft 17 1 Mt. Morgan ... 017 5 .. ft 17 4 Mt. Morsan ... 017 7 .. 017 5 Stock 15/2/43-46 4 p.c 101 10 0 .. 101 10 0 Stock 15/4/46-49 4 p.c 108 0 O .. 103 iO 0 UNLISTED. I Self ridges (N.Z.) •4/ paid) ft 4 10} .. 050 Self ridges (old) 119 3 .. 2 0 0 Wjoolworth (Sy«l> 8 9 0 .. 8 7 3 Woolworth iSyd) SlO O .. 8 9 0 AT THE 10 AJL CALL TO-BAY— Com. Bank ft lft 5 .. 019 5 Union Bank ... 11 O ft .. 10 11 O NJS. Breweries . 3 0 0 .. 3 0 0 l>om. Brew, (rts) 13) 010 3 .. 010 3 Anst. Glass .... 4 l.'i ti .. 414 O Con. Brick 0 10 3 .. 010 4 Elect. Zinc 3 6 O .. 340 G. 1. Coles 512 6.. 512 O Boiler Mills .. 12 0.. 120 BoUer Mills (pf) 12 6.. 126 Sanford O 5 O .. © 4 8 "Woolworth (N.Z.) 7 7 O .. 7 4 6 British Tobacco 2 12 6 .. 2 12 9 Mt. Lyell 217 0 .. 212 9 Mt. Morgan 017 7J .. 017 7 UNLISTED, Woolworths (Syd) 18 11 0 .. 810 0 AT THE 12.18 P.*. CALL TO-DAY— | Com. Bank .... O l'.l 5 .. 019 5 Bank or N.Z. (2) 2 4 O ~. 2 00 I N.Z. Insurance . 3 O 0 .. 3 1 it Hudilart, Parker 1 lft ft .. 119 O North. Steam . <> 5 ft .. 0 £> ft Tooth's Brew. . 2 17 4i .. 2 It British Tobiro 212 !> .. 212 'J Broken Hill Pty. 4 Ift 0 .. 4 * ti Broken Hill Pty 411 0 .. 4 I<> 0 G. i. Coles .... 513 t 6 .. 012 ♦> Morts l>oek .... O l-> •» •• Hll N.Z. Kreweriw . — l> oOU Mt. Lyell t3) .. 218 O .. 2 U O Mt. Morsan ... 018 3 .. Oli ij Mt Morgan ... 018 6 .. UlB o Stock, 15/4/46-49 IfflOO.. 103 10 0 UNLISTED. Self ridges (new) 118 9 M 118 3 _ I LONDON QUOTATIONS. (Received 11 a.m.) LONDON, February 22. Mount LyeD, 45/6.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19370223.2.24.1

Bibliographic details

Auckland Star, Volume LXVIII, Issue 45, 23 February 1937, Page 4

Word Count
791

ON 'CHANGE. Auckland Star, Volume LXVIII, Issue 45, 23 February 1937, Page 4

ON 'CHANGE. Auckland Star, Volume LXVIII, Issue 45, 23 February 1937, Page 4