ON 'CHANGE.
QUIET OPENING. MOST VALUES STEADY. ) GOVERNMENT LOANS FIK3IER. The week opened quietly, with most values ste.-rly. ;;t the nj'jvning Call Oil the Auckland Sink iuxcliHiiKC. in the banking, L'-oiiiincti-hils weve tirm, the market closing' alter a s.ilc ;;t 10,6, between that Jij?iire and 10,7. l\n thu picfcrencc shares fcclleiM .ibkrd '-'■) S.', with buyers 3d below. Australian influetrials attracted little attention, ]j!!ii:eii Jh!l Proprietary, after a sale uncli.uj;;i.'il £i 1) 3, having unsupported sellers ;tt i'-l !J, ti. -A buyer tor British Tobacco came in ac £2 11,0, iind sellers missed their limits to £2 12/0. The highest buying oifer for sonn , time for Colonial Snyar. £44 o , failed to attract a seller's quotation.
G. J. Coles were quoted closer from £3 4/ to £'.> ~> . shares, were slightiy easier, Electrolytic Zinc changing hands •_'d lower, at £3 3/10, and Mount Lyell's sellers comiiiif down to £2 11/6, still without a buyer in si^rht. In the Government loan section buyers for both long-term 4 per cent issues moved up to £103. Quiet Noon Call. Business almost came to a standstill during the morning, and at the noon call only five sale» were reported. National Insurances recovered a penny, to sell at 18/, while South British weakened further, being on offer at £4 14/6 without a buyer. Pastoral shares were strong, buyers for Dalgetys moving up to £11. Better offers were forthcoming for Farmers' Auctioneering and for New Zealand Loan and Mercantile. Sellers of both British Tobacco and G. J. Coles raised their limits, leaving buyers unchanged. A buyer came in for Mount Lyells at £2 10/3. Woolworths (Sydney) had reported business at £7 9/, a rise of 1/, but in the room they dropped back 6d to sales at £7 8/6, final quotations being from £7 8/ to £7 8/6.
SALES COMPLETED.
AT THE 10 A.M. CALL TO-DAY— Last Sate. £ S fl £ 8 <1 Com. Bank .... 019 «■ „ oil) fi Tootb'e Brew. . 2 Iβ « .. U Iβ 6 Broken IJ ill l'ty. 4 ;>:;.. 4 9 8 Elect. Zin<- :; ;s io ..yil 4 o Taranaki Oil ... O 4 O .. O 4 o Matakl Dredge . 0 0 0.. 000 UNLISTED. Wool worth <8y«l> 7 8 0.. 7 8 O Coromandel Gold 0 18.. O 1 8 AT THE 12.1 B P.M. CALL TO-DAV— Nat. Insurance . 018 O .. 017 11 Dom. Breweries 200.. 200 UNLISTED. Woolworth (Syd) 7 9 780 ■Woolwortb (Syd) (2) ~- 78 6 .. 70 0
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 68, 22 March 1937, Page 4
Word Count
401ON 'CHANGE. Auckland Star, Volume LXVIII, Issue 68, 22 March 1937, Page 4
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