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ON 'CHANGE.

OIL SHARES ACTIVE. TARANAKIS AT 13/3. ROBIXSOXS ICE FIRM.' Oil. shares again : contributed the:'- onlyelement of liveliness when the Auckland Stock Exchange met this, morning for tlie first call of the week. Sales commenced at 12/3 and finished "at 13/, . after which the market rested between 12/7 and 13/6, more than recovering. from" Saturday's easier trend. Moturoas were'. in demand at-5/, with no "sellers.'. : . There was a slight easing in Woolwofths rights,' which sold Id' lower, at 3/9, with more ' available at that price. The market reacted favourably to the recent accounts issued by Robinsons Ice Cream, and the shares sold 9d up, at £1 . 4/3, the highest .point for the last two years. - v : . In the banking section Nationals were firmer, with a market between £2 13/ and £2 14/, and New Zealands were quoted ex dividend, with buyers at £2 3/6 and sellers 3d higher. Taupiri Coals were weaker, with sellers; at 15/3, and no buyers. The breweries were • very dull, there being no inquiries in the class. Government .stocks opened the week quietly. Farmers' Trading Firmer. •' Business was almost •at a standstill at the noon; call, two New Zealand issues— Taranaki "Oil and'.: Farmers' Tradingattracting most attention. Tile oil shares continued rising, gaining, another -3d ;aii'd. having further .buyers at. the sale price. Farmers' also. advanced 3d to sell at 1/3, with more on offer at that figure. fTu the loan and agency, section Newton .King preference's had a better market between 8/ and 9/. Quotation's showed little; change in other sections from the morning .levels. SALES COIttPIiETirD. •' AT THE 10 A.M. CALL TO-DAY^-; ' Last Sale. ;• : - * s" d • •s. . d Taringamutu ... .0 12 (i y..." i.O/12 GKobinson Ice .. ' 1 4. 3 • . 1 3' .0 Taranaki Oil .. 0 12 3 .. 0 12 a 0 Taranaki Oily. ; v 0 12; 9 ..• * 022 3 Taranaki Oil; .. 013 0 :r ... 0.12. i) "Wilsons Cement -• 0 10 '• 9 -.. 0 16 9 Woolworth (rts.). (2) 0 3 9 .. 0.3 10 Mt.; (2) ... vi 2 -9 V.. 1 2 9 UNLISTED. -. Farm.' -Freezing 1 0 .6 1 1 0 AT THE 12.1S P.WI. CALL TO-DAY— Taranaki Oil .. . 0 13. 3 .. 013 ;0 "Woolworth Hold- . ings,. 0 -16. .0 _..j, .O'lb 1 Farm. Trading V> 1 1 3 .. 1 l"0

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https://paperspast.natlib.govt.nz/newspapers/AS19380613.2.25.1

Bibliographic details

Auckland Star, Volume LXIX, Issue 137, 13 June 1938, Page 4

Word Count
377

ON 'CHANGE. Auckland Star, Volume LXIX, Issue 137, 13 June 1938, Page 4

ON 'CHANGE. Auckland Star, Volume LXIX, Issue 137, 13 June 1938, Page 4