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Commercial News

ON 'CHANGE

INVESTORS ACTIVE

DEMAND FOR BANK SHARES In a rush of business on the Auckland Stock Exchange to-day there was a much brighter tone. The banking section led the way with eleven sales at the two morning calls. Bank of New Zealand's being easily the most popular. On a wave of strong buying support the market for these shares began at £2 10/ and rose to £2 10/2. at which holders were prepared to continue operations, while best offers were only a penny beneath. National Banks were steady. Broken Hill Props, came into the picture with several transactions, and a large parcel of 1900-o8 Government stock .was traded at a rise of half a crown. The balance of the sales list was distributed over a number of company issues.

SALES COMPLETED Rise or At the 3.15 p.m. call yesterday:— Fall Bank of N.Z. (275) £2 9 8 — Bank of N.Z. (100) 2 9 9 +ld Bank of N.Z. (100) ••■•■■•••• ?*° 2 +3 A Caro's (pref) (ex div) (100) .. 1 5 0 —6d Fletcher Holdings (162) 11111 — At the 9.45 a.m. call to-day:— National Bank (74) 2 17 0 —6d Bank of N.Z. (467) 210 0 — B.H.P. (462) 2 7 0 — Colonial Sugar (5) 81 0 0 — Fletcher Holdings (300) 1 12 0 +1Q K.D.V. Boxes (200) 10 9 —1/3 Farmers' Fertiliser (100) 1 6 0 +Bd Liberty Bonds, 15/6/49 (100) .. 111+1* At the 11.45 a.m. call to-day:— National Bank (100) 217 0 — Bank of N.Z. (450) (5) 2 10 2 +2d Union Bank (42) 8 6 6 —6d Dominion Breweries (100) 2 12 0 — Farmers' Fertiliser (pref) (100) 1 6 3 +1/ Radio, Ltd. (100) 10 3 +1/3 Emperor (100) 16 0 +« St °s/2755-58, 3 p.c. (£5000) .. 99 12 6 +2/6 LATEST QUOTATIONS Buyers Sellers Com. Bank of Australia 18/5 .. 18/8 National Bank of N.Z 2/16/9 .. 2/17/6 Bank of New South Wales 34/10/0 .. 35/5/0 Bank of N.Z 2/10/1 .. 2/10/2 Bank of N.Z. (D Mortgage) .. . 1/8/9 .. — Union Bank 8/6/0 .. 8/7/9 National Insurance 1/7/0 .. 1/7/6 N.Z. Insurance (ex div) 4/17/6 .. &70/0 South British Insurance 4/10/0 .. 4/12/0 Farmers' Co-op. (£5 paid) .... 5/3/0 .. 5/5/0 Renown Coal (ord) U/9 •• 12/* Auckland Gas 7/6 .. 7/9 Devonport Ferry 1/10/0 .. 1/11/6 Northern steam 11/3 .. U/9 National Timber —— 6/3 .. 7/6 Kaiapoi (cont) 9/6 •• 10 / 3 Dominion Breweries (ord) .... 2/11/9 .- 2/12/6 N.Z. Breweries 2/6/0 .. 2/7/0 Tooth's Breweries 3/1/0 .. 3/2/0 Aust. Consol. Industries 2/16/0 .. 2/17/9 British Tobacco 2/8/0 .. 2/8/9 Broken Hill Pty 2/7/0 .. 2/7/3 Colonial Sugar 60/15/0 .. 61/5/0 Consol. Brick and Pipe 9/7 .. S/9 Farmers' Trading 1/8/0 .. 1/8/3 Fletcher Holdings (ord) 1/U/ll .. 1/12/0 G.J. Coles 3/10/0 .. 2/11/0 1.C.1., A. and N.Z. (pref) .... 1/6/3 .. 1/7/6 K.D.V. Boxes 10'' e •• ~,„ McKenzies 3/5/0 .. 3/7/0 Milne and Choyce (deb)' 1/10/6 .. 1/11/3 M.K. Manufacturers 8/0 •• °/7 N Z Forest Products (pref) .. U/3 . • 12/6 Radio (1936) »/6 - W Reid Rubber 1/12 A .. 1/12/8 Wilsons Cement 19/7 •• 1/0/1 Woolworths (N.Z.) 1/4/8 •• W Woolworths (Syd.) J/J/O •• ■— Kanieri Dredge W v 1' Martha • *J* •• *'* Waihi Investments e/o .. o/J Emperor , " "'' Mount Lyell V 7/8 .. 1/8/3 Mount Morgan (ord) 7/8 .. fl/J Rn.wang Tin • ».„?« " oc/n'/n War Loan, 1/10/53, 2'/ 2 p.e. .. 95/15/0 .. 96/0/0 St ls C /9747 2% P.C 89/W0 ..99/15/0 15/6/47-49 2>i P.C 98/0/0 .. 98/2/6 is/2/49-50 ■»& P 98/5/0 .. 98/7/6 "' J , 99/0/0 ..100/0/0 W/2/55-58 3 PC 99/10/0 ..99/15/0 15/4 56-59: 3 p.e 98/12/6 ..98/15/0

SOUTHERN EXCHANGES 12/? 100 li.ZFarmers- Fertiliser (ex dlv). £1 6/. £9 S Refrig. (cont), 14/9.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19450731.2.29

Bibliographic details

Commercial News, Auckland Star, Volume LXXVI, Issue 179, 31 July 1945

Word Count
558

Commercial News Auckland Star, Volume LXXVI, Issue 179, 31 July 1945

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