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ON 'CHANGE.

BUSINESS SLACK. RELAPSE AFTER ACTIVE SPELL. RISE IX LEY LAND 013RIEX. Yesterday's revival of activity on the Auckland Stock Exchange was short lived, and luihiiick* Has very slack ana in this morning. Only two .sales were made up to tlie close of the first call, compared willi 21 yesterday afternoon. A feature of the (lidding was a sharp advance in Ley land O'Briens on the aiiiionnceiuent of the return of part of tin- share capital. Buyers raised their oilers tu lfi/(i, and a seller came in at £1. 1 ><iiniiiion Breweries also improved with a market between £1 !) ; (j and £1 10/0. Generally the tone of the market was erratic. in the banking section quotations for t oinmercials between 15 10 and Hi/1. and for Xew Zealand* between £ L IS and CI 18/5. were below yesterday's levels. New South Wales. however, looked stronger between £2!) 10/ and £30 10,'. Among Australian indust rials sellers of Broken Hill Proprietaries lowered their reserves to £2 JB/0. with buyers unchanged .'id lower. British Tobaccos were also easier between £2 !)/3 and £2 10/0. but Electrolytic /Cine*, Colonial Sugars. (J. J. Coles and I.C.f. prefs. all had buyers at higher levels than yesterday. (loverninent securities were generally steady. Bank of New Zealand Easier. As the morning proceeded a few fresh orders came forward and were reflected in a moderate list of sales at the noon call. The easing trend noted at the first call for Bank of Xew Zealands was con-1 firmed in a sale 2d lower at 38/4. National ; Bank of Australasias were asked for at £13 .j/, and the contributing issue was I on oiler at £0 15/. Buyers for National Insurances dropped out leaving unsupDled sellers at l."i !). Dominion Breweries <ed easier with a market for the ordinaries between 20/(5 and 30/, while buyers for the prefs at .34/ dropped out. Buyers for MeKen/.ic's raised their oilers to 40/ without attracting holders. SALES COMPLETED. AT THE 3.1 B P.M. CALL YESTERDAY—

The shores of Ball ins Breweries (N.E.), Limited, Have been officially listed on-the Stock Exchange, ori the recommendation of the Christchurch Exchange.

, Last sale, f « a £ s a N.Z. TnHiirnncc , 2 12 ft 2 12 0 South British . 2 4 3 .. 2 4 3 Abraham, AV1111 ii ins 0 10 O .. 0 10 0 T>om. Breweries 10 6.. 196 British, Tobacco (prof.) 1 12 O .. 1 12 0 Broken Hill I'ty 2 18 r. .* 2 is 0 Broken 1 Till I'ty 2 IS 0 .. 2 IS 6 Broken Hill I'ty (font.) 2 5 0.. 2 6 0 Dunlop I'erdrlau .110.; 110 Elect. Zinc .... 260 .. 200 Furm. Trading (1! prel\) 0 in 0 .. 0 10 .1 Woolworth (Syd) 13 0.. 130 Stock, 13/4/40-10 4 p.c. 99 10 0 .. 99 10 0 Stock, 13/3/40-43 4 p.c 97 13 0 .. 07 15 0 AFTER THE CALL. Hume I'ipc (Aus) 10 5.. 1 O 45 N.Z. Insurance . 2 12 0 .. 2 12 o" Abraham & Williams 0 10 0 .. 0 10 0 Farmers' Auct. (A prof.) J 00.. 100 Tauplrl (odd lot) 0 13 .. — Emperor 0 S 9 .. 0 S 9 UNLISTED. Silknit , 0 4 6 ' 0 4 6 AT THE 10 A.M. CALL TO-DAY— Wool worth CS.Z.) 0 17 3 .. 0 17 0 Stock, 15/3/40-43 4 p.o. 97 13 0 .. 07 13 0 AT TH112.1B P.M. CALL TO-DAY— Co!n/$Bnnk 0 16 0 . .. 0 16 2 flunk of N.Z. .. 1 18 4 .. 1 IS 0 Auckland Uns . O 16 6 .. 0 10 <» I.C.I, . (prof.) .. 14 0.. 139 M.K. Manufacturers 0 5 0 .. 0 5 1 Woolworth Holdings 0 14 10 ... 0 J4 10 511. Morgan .... 0 10 8 .. 0 10 10. SHARES OFFICIALLY LISTED.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19390330.2.38.1

Bibliographic details

Auckland Star, Volume LXX, Issue 75, 30 March 1939, Page 8

Word Count
611

ON 'CHANGE. Auckland Star, Volume LXX, Issue 75, 30 March 1939, Page 8

ON 'CHANGE. Auckland Star, Volume LXX, Issue 75, 30 March 1939, Page 8

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