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ON 'CHANGE.

OIL SHARES ACTIVE.

taranaki still advancing

OTHER CLASSES QUIET

Interest in oil shares wus a ill a special feature of to-,lay's trading on the ucklfi iirl >Stock Exchange, :md at this mornings call business in Taranakis was put tliron h 11 at II (j, a rise of 2 U in a week. Subsequently the market rested between 11,3 and 11/9. Moturoa Oils also firmed further, with a buyer at 3/ and no sellers. Apart from nil shares there was little animation in the market, though bidding was fairly steady for a limited range of securities. There were some fluctuations in Government issues. The 3'<b's Vi.V.jT were easier with sellers at £08 10, and no buvers, while the 4 per cent '4G-'K) - S bonds were firmer, buyers moving up to £102 13/ sellers unchanged at £103 10/. The only interest in the brewery section was in Xew Zealand*. .hie], showed a firmer front, with buyers u'> to £2 2/9 and no sellers in sight. Taranakis Reach 12/. Ah at the morning call, the interest of the market at noon centred in oil shares. aranakis continued to rise, two parcels selling at the peak price of 12 / . * 0 "?!° °/ Sc\v Zealand Breweries at -/ J I showed improvement on late quotations, though 1/7 below the price at Inst sale over a fortnight ago. National Bank of Xew Zealand shares ii i stronKer buying inquiry at £2 l'"G holders asking 1/ more. Other banking and insurance shares were unchanged there were minor fluctuations in Australian industrials and Government stocks. sales completed, A. THE 3.1 B P.X, CALL YESTERDAY Last Ba(e. Bank of X.Z. .. £49.. j 4 '.I E.S. anr] A. Bank 416 0 41; n South British .. •> 7 <> •> t: o British Tobacco - 7 li> "7 li Broken Hill I'ty 2 1!> ft jj <> 0 Tnrnnaki Oil .. 010 « <> ft 11 Tarannkl Oil .. oil 0 .. o li> « Golden Crown . 0 3 0.. 030 THE 10 A.M. CALL TO-DAY North. Steam .. 0 4 4 .. 0 4 S Colonial Sugar . 47 12 6 47 15 o Farm. Trad. (B liref.) 10 9.. 110 Tarnnaki Oil (2) 011 6 .. 011 0 Woolworth Holdings 016 0 .. 015 11 AT THE 12.18 P.M. CALL TO-DAY— S.X. Breweries . 2 211 .. 2 4 0 Turnnakl Oil .. 011 8 .. 011 « Taranakl Oil (2) 012 o .. olt S Woolworth (Syd) 10 8.. 1 1 o Oolilen Crown . 0 3 0.. 030 Ak. Har. Board, 0/7/40 105 0 0 .. — Mt. Albert, l/r/52 105 0 0 .. 103 0 0 Moturoa Oil .. 0 5 0.. — Woolworth (Syd) 10 9.. 108 Mt. Lyell 129.. 130 1 LONDON QUOTATIONS. (Received 10.30 a.m.) LONDON, June 8. New Zealand Loan and Mercantile, ordinary, £28; preference, £75. Clutha River, buyers 1/716, sellers J/IOVt Molyneux, buyers 1/1%, sellers 1/4%. War loan, 3Ya per cent. £102 3/9.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19380609.2.14.1

Bibliographic details

Auckland Star, Volume LXIX, Issue 134, 9 June 1938, Page 4

Word Count
463

ON 'CHANGE. Auckland Star, Volume LXIX, Issue 134, 9 June 1938, Page 4

ON 'CHANGE. Auckland Star, Volume LXIX, Issue 134, 9 June 1938, Page 4

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