ON 'CHANGE.
BUSINESS RATHER QUIET.
BANK OF NEW ZEALAND EASIER. ■ I TARANAKI OIL FIRM. Business on the Auckland Stock Exchange though steady is rather quiet. Value?, on the whole, show little alteration 6ince yesterday. An easier tendency has developed iH( Bank of New Zealand shares, which sold yesterday afternoon at £2 4 8, and were quoted this morning limn £2 4/6 to £2 4 9. There was little inquiry for Australian banks at the ID o'clock u.ill. New Zealand Insurances seemed easier following the announcement of the final dividend, and liuycrs dropped their limits 6d, to £3 .", .'!. There was a good inquiry for a number of local industrials, and also for Australian issues. Yesterday's revival of interest in Taranaki Oils was maintained, and the scrip changed hands 5d higher, at .">/'> with a later market between 5/ and 5,. 2. Government stocks were again firmly held, the onlv parcel available being one of '43-'46 Bonds, for which £104 15/ was asked. With a scarcity of local body debentures, interest has been taken to outside lines, and parcels of Wanganui and Wellington Harbour Boards were on offer. Busier at Noon. Bidding was firm at the noon call, and quotations improved for a number of Australian issues. Broken "Hill Proprietary had the highest buying offer for some time, £4 1/G, with sellers (id above. Buyers for both ordinary and preference Electrolytic Zinc shares moved up a further 3d, sellers dropping out. In the banking. Xew Zealands sold a Tittle lower, but Xew South Wales and Commercials were firm. The first sale of Northern Steam for some time showed a drop of lid, and business in Xew Zealand Breweries was also at a reduced price. Silknit. however, reached a new peak, with a transaction at £2 10/. In the unlisted section a new- chain store issue appeared—Woolworths Holdings, South Africa—-the 5/ rraid shares being quoted from 15/3 to 17/6. SALES COMPLETED, A. THE 3.18 P.M. CALL YESTERDAY— .Last Sal*. £ a rt £ i d Rank of X.Z. .. 2 4 8.. 250 Bank of X.B.W. fSyd. reg.) .. 35 7 fi .. 35 2 6 Auckland fins . 117.. 116 Dont. Breweries (ex div.l 2 3 ?. .. 2 4 0 Dom. Breweries 2 3 6.. 2 3 3 Farm. Trading . 112.. 11l Farm. Trading . 1 1 11 .. 112 • Sanfords O 5 10" .. 0 6 0 UNLISTED. Woolworth fSyd) (ord.) 610 6 .. 6 19 6 AT THE 10 A.M. CALL TO-DAY— Broken Hill Pty 4 13.. 413 Dunlop Perdriau (21 1 2 7 .. 1 2 6 Farmers' Fert. . 1 <> 10 .. 1 1 O Taranaki Oil (3) 0 5 1.. 048 Wilsons Oment 10 4.. 103 Golden Crown . 0 4 6.. O 4 7J UNLISTED. Woolworth (Syd) 619 6.. 619 6 AT THE 12.15 P.M. CALL TO-DAY — Bank of N.Z. .. '2 4 6.. 2 4 8 North. Steam .. O 3 9 .. O 4 8 N.Z. Brewerle* 312 0 ... 218 0 Dunlop 1 2 7 .. 1 2 7 Alacky, Logan . 13 6.. 136 • Taranaki Oil i. -. O 5 0 .. O 5 1 Taranaki Oil (2) 0 411 .. Owfi 0 / -* ' -,'■■' " '/UNLISTED. McKenzies Dept. Stores 310 3 .. 319 3 'JSllknJt (N.Z.) ... 210 0 .. 2 9 0
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 158, 6 July 1937, Page 4
Word Count
521ON 'CHANGE. Auckland Star, Volume LXVIII, Issue 158, 6 July 1937, Page 4
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