Financial News
ON 'CHANGE
MARKET OPENS FIRMLY
Keen buying demand was again manifested when the Auckland Stock Exchange resumed to-day after the week-end break. Bank of New Zealand shares were placed at £2 0/9, a rise of 3d on last week and of 1/ on the level a month ago. A parcel of Standard Insurances was quickly snapped up at £3 7/ against £3 in May when last business was reported here. Australian stocks were firm and Colonial Sugars were cleared at £51, a gain of 5/. Apart from a seller of Liberty Loan 3 per cents at par, the gilt-edged mai-ket was bare of supplies. SALES COMPLETED At tha 9.45 a.m. call to-day:—Beath (1/ paid), 3/ I J. At the 11.45 call to-day:—Bank of New Zealand, £2 0/9 (), (£3 0/6): Standard Insurance, £3 7/ (£3); Colonial Sugar. £51 (£SO 15/); North Broken Em. £2 5/ (£2 4/6). Last sale price In parentheses where changed. LATEST QUOTATIONS Bayers Sellers Bank of Australasia 8/0/0 .. — Commercial Bank Australia . 14/8 .. 14/11 Eng., Scot. & Australian Bk. — .. 3/17/0 National Bank ot N.Z 2/4/3 .. 2/5/0 Bank New South Wales 29/5/0 .. 30/0/0 Bank of New Zealand 2/0/B .. 2/1/0 Union Bank of Australia 7/2/6 .. — National Insurance (pd.) .. 1/0/6 — New Zealand Insurance 3/11/6 .. — South British Ins. (f.p,) . 3/3/3 .. 3/4/0 Standard Oil 3/6/0 .. — Dalgety 7/0/0 .. — Farm. Co-op. Auct. (£5 pd.) 4/4/0 .. 4/11/0 Goldsbrough Mort 1/6/6 .. 1/8/0 Wright Stephenson (ord.) .. 19/6 .. 1/0/3 Putemlro Coal 16/9 .. — Renown Coal (ord.) (f.p.) .. 8/6 .. 9/6 Renown Coal (pref.) 2/9 .. 3/3 Auckland Das (f.p.) 6/6 .. 7/0 Howard Smith 1/1/0 .. 1/3/6 Union Steam (pref.) 1/7/6 .. — Kauri Timber 1/2/6 .. — Ley land O'Brien Timber 17/9 .. — Bonds Hosiery 1/8/0 .. — Kalapoi WooL (f.pO 18/6 .. 196/ Kaiapoi Wool, (con.) 6/10 .. 7/6 Dominion Breweries (ord.) .. 1/7/6 . 1/9/3 New ZetOand Breweries 1/13/0 .. 1/13/9 Tooths Breweries 2/9/6 .. 2/12/6 Aust. Consolid. Industries .. 2/7/3 .. 2/8/3 Broken Hill Proprietary 1/18/3 .. 1/18/9 Colonial Sugar 50/15/0 .. 51/5/0 Dental and Medical 18/0 — Electrolytic Zinc 2/5/0 .. — Electrolytic Zinc (pref.) 2/6/6 — Farmers' Trading 1/0/7 — G. J. Colee 2/13/0 — ' Hill and Plummer 1/6/0 .. 1/11/0 1.C.1. A. and N.Z. (pref.) . 1/4/3 .. 1/5/3 McKendrlck Bros, (pref.) — 1/3/0 Milne and Choyce (deb. stlt.) 17/6 — Morts Dock and Engin 19/6 — Auckland Laundry 13/6 .. 15/3 I N.Z. Drug (con.) 2/2/0 N.Z. Farmers' Fertilizer .... 16/0 .. 17/6 N.Z. Newspapers (f.p.) 1/13/0 .. 1/15/0 ' Radio (1936) (f.p.) 10/3 .. 11/o Reld N. Z. Rubber Mills .... 1/2/0 ' Reid N.Z. Rubber Mills (new) 1/1/9 . 1/3/0 : Sanford (ord.) (f.p.) 4/6 .. 5/3 ' Taranaki Oil Developments .. 2/10 .. 3/9 Taranakl Oil Fields 5/9 .. 6/9 ' Wilsons Cement (f.p.) 17/3 .. 17/9 ■ Woolworths (N.Z.) (f.p.) .. 15/0 .. 15/4 1 Woolworths (Byd.) (f.p.) .. 15/6 .. 15/10 : Martha Mines 8/3 .. 8/9 < Mount Lyell I/7/6 .. 1/3/0 War Loan*: . 1/10/63 92/10/0 — ! 1/8/51-54. 3 p.c 99/5/0 — Liberty Loans: , 15/9/47, 2>,i p.c 97/10/0 . . — 15/9/53-55, 3 p.c 99/5/0 .. 100/0/0 Stock: ] 15/9/57-60, 3i p.c 100/15/0 f 15/4/46-49, 4 p.c 104/5/0 .. 1 30/11/48, 4 p.c 105/0/0 . . — . Auek. Gas perp. deb. stk. . 83/10/0 '
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https://paperspast.natlib.govt.nz/newspapers/AS19421012.2.66
Bibliographic details
Auckland Star, Volume LXXIII, Issue 241, 12 October 1942, Page 5
Word Count
468Financial News Auckland Star, Volume LXXIII, Issue 241, 12 October 1942, Page 5
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