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Financial News

ON CHANGE

BUSINESS SLACK

NATIONAL BANKS FIRMER Business was almost halted on the Auckland Stock Exchange to-day, only one sale being reported at two calls, i Buying support, however, remained steady for most stocks. National Banks of New Zealand were firmer with the market between £1 17/ and £1 17/9, and sellers were quoting for Unions and Australasias. National Timber's dividend was apparently anticipated since the market showed little change. Offerings of gilt-edged were again small. SALES COMPLETED At the 3 p.m. call yesterday:—Auckland Hospital Board, 1 6 44, 4' 4 p.c., £102 10 '. At the 11.45 a.m. call to-day:—Reid Rubber (old). £ 1 2:3 (£1 2 ). Last sale price in parentheses where changed. LATEST QUOTATIONS Buyers Sellers Bank Australasia — .. 8/12, 6 Commercial Bank Australia . 13 8 .. 14/3 E.S. and A. Bank 3.'2 0 — National Bank New Zealand 1 17 0 1/17/9 Bank New South Wales 27 10 0 .. — Bank New Zealand 1, 18 6 .. 1/18/10 Bank New Zealand (D mort) 19 3. — Union Bank Australia 6.10 0 .. 6,17 '6 National Insurance 17 6 18. 6 New Zealand Insurance 3 3 0 — South British Insurance .... 2 14 6 2.15/0 Standard Insurance 2, 13 6 — Farm. Co-op Auct. (£1 paid) 14 3 16 0 N.Z. Loan and Mercantile . . 30 0 0 40 0 0 Pukemiro Coal 17 3 .. — Wcstport Coal 1,3 0 — Auckland Gas (f.p.) 6 9 7 3 Auckland Gas (con.) 2/6 .. 3/0 P. and O. (deferred stock) . 1/11/0 .. — Bartholomew Timber 18 6 .. 1/I'o National Timber 8/0 .. 9/3 Kaiapoi Woollen (f.p.) 18/6 .. — Dominion Breweries (ord.) .. 1/6/0 .. 1/7/0 New Zealand Breweries 1/11/0 .. 1/12/0 Aust. Consolidated Industries 1'19;6 .. — Broken Hill Proprietary 1/11 9 .. — Claude Neon (N.Z.) 13/0 .. — Colonial Sugar 43/10/0 .. — Electrolytic Zinc 2 0,9 .. — Electrolytic Zinc (pref.) 2/1/0 .. — Farmers' Trading 1/0/6 .. 1/1/0 Gear Meat 15/0 . . — G. J. Coles 2/5/0 .. 2/7/0 McKenzies 1/18/6 .. 2/1/0 Macky Logan — .. 1/4/0 Milne and Choyce (deb stock) 17/0 .. — Moturoa Oil 3/3 .. 4/3 N.Z. Farmers' Fertilizer 16 9 .. 17/6 N.Z. Newspapers 1. 9 6 . 1/11/0 Northern Roller Mills (ord.) 19 0 1/1/6 Reid Rubber (old) 12 0 .. 1/3'o Robinson Ice Cream 13/0 .. 1/4 6 Selfridges (A'sia) 16/0 18 0 Taranaki Oil Developments . 3 6 . . 4'3 Taranaki Oil Fields 6 0 7/0 Wilsons Cement 16 10 .. 18/0 Woolworths (N.Z.) (f.p.) ... 12/8 — Woolworths (Syd.) (f.p.) ... 13/3 13/10 Martha Mines 8/1 . . —- Emperor Mines 7/0 .. 8/6 Loloma Mines 14 0 .. 15/0 Mount Lvell 1/3.6 .. — Rawang Tin 2/6 .. 5/0 War Loan: 1 10 53 90/0 0 — 1 8 46, 2\-> p.c 97/10, 0 99/0/0 Stock: 15 9 46-48, 3 p.c 99 0 0 . 100/10/0 15 9 57-60, 3' 4 p.c 101 0 0 — 15, 1 53-57, 3' 2 P.c 103/7/6 .. — 15 5 49-52. 4 p.c 106/10,0 .. — Amal. Brick (Auck.), 1/3,44, 6 P.c 100/0 0 .102 10/0 Auck. Gas (perp. deb. stock) 82/0/0 .. 85/0/0 SOUTHERN EXCHANGES WELLINGTON This Day.—Bank N.Z.. £1 18 9; Selfridges (A'asia). 17 '. Reported: War Loan. 1/8 51-54. 3 p.c., £99 17 6; N.Z. Insurance. £3 3/3; Donaghy's Rope (new), £2 8 6.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19420507.2.16

Bibliographic details

Auckland Star, Volume LXXIII, Issue 106, 7 May 1942, Page 3

Word Count
492

Financial News Auckland Star, Volume LXXIII, Issue 106, 7 May 1942, Page 3

Financial News Auckland Star, Volume LXXIII, Issue 106, 7 May 1942, Page 3