Finance, Commerce, Markets

Auckland Star, Volume LXIX, Issue 221, 19 September 1938, Page 6

Finance, Commerce, Markets

ON CHANGE. A DULL MARKET. GAS SHARES LOWER. A fresh week i.n tlio Auckland Stock Exchange si-,,1,.,1 with „ w ,..ik market. Hiiv.mh wi'iv far from keen. For a big proportion of the oUVriiiß there wore no hI.U nil,l when ~|l'.ts were m.1.1r they were on a r.Mimiviitive basis. Thin was reflected in the business put Ibrotudi. which was in favour .if buy,.is throughout. Au.klaiid G,i« shares at par ami Broken Hill I'lopnctnry ut 54,-9 showed the lowest valuations accepted for some time. Bidding throughout wart dull ami there "'•ii' no i rally strong features. In the insurance flection the nnlv offer w.M lor Smith British at the reduced level of II . with seller* ut 45 3. Bank of New '/'"») Is were easier between 41 ami 42'. Even (>overnuieiit stocks tinrl local body ileheiil Hies elicited u comparatively poor deinaiid. South British Down. N"o i 111111 ■uveiiietit in tlie market was np|iiileiit at, the noon rail and there was even activity than in the morning. Smith I'oilish showed a drop of 1 0 since lain. sale, selling at £2 4/3, tlie lowest pin e since the shares were divided into I"/ units, l>t herwise quotations were pi.i,-in .ill.v unchanged. SALES COMPLETED. AT TM« 10 A.M. CALL TO-DAY— Last «•!«.

£ h d £ a d Aiirklnnd Oas .. 10 0.. X 0 4 Hr..Ucn 1IU1 Pty ilil 2 13 0 .. 2 15 « Hrnkpii Hill Pty. 2 U U .. 2 13 0 Klcrt. Zinc iprO l.{) lex (llv.l .. 2 3 O .. 2*3 Mt. Albert II.C., 1/7/41 100 IS 0 ..101 0 0 AT 12.1B P.M. CALL TO-DAY— South llrltlsh .. 2 4 3 .. 2 6 0 N.Z. Iln-writc* . 2 O 0 .. 'JO 0 Elci't. Zinc Iprf) 2 3 0.. 230