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YESTERDAY'S TRANSACTIONS.

Markets continued firm on call yesterday, and there was a good volume of diversified business. Transactions, exclusive ol vestibule business, included : 10i) Commercial Bank of Australia. 00 Commercial Jianli of Australia .prelercuco ). tO iii., «., and A. Bank. 50 Bank of -New Zealand. 600 Aew Zealand insurance. 150 New Zealand Guarantee Corporation, cum <iiv. 625 -Now Zealand Breweries. U7 Mew Zealand Drug Company ■odd parcel). Maiiakipnwa GoJdfields. 300 Winding Creek (d<i paid). 600 Toolieys Brewery. Commercial lianii of Australia shares recovered to 18s, market closing 17s iod buyers, IBs Id sellers; the prolerence advanced to £6 9s 6d and £6 iOs, and there were further buyers at £li 10a, sellers at £6 10s 3d. English, Scottish, and Australian Bank shares hardened to £5 8a 6d, market closing £5 8s 6d sellers, £5 8s buyers. Buyers of National Hank of Australasia fully paid shares raised their bids to £l2 sellers at £l2 10s. Bank of New South V\ ales shares were stronger, with buyers at £33 2s 6d, sellers at £.33 15s. Hank of New Zealand shares were firm at o3s 3d, closing quotations 53s buyers, C3s 3d sellers. Quotations tor Australian Bank of Commerce, Commercial Bank of Sydney, and National Bank of New 'Zealand shares also revealed stronger markets. New Zealand Insurance shares moved up to dealings at 40s 3d and 40s (3d, market closing 4Qs buyers 40s 6d sellers. Goldsbrough, Morts were firmer, with buyers at 20s 7d, sellers at 20s 9d. New Zealand Guarantee Corporation shares, cum dividend, were steady at 7s 9d, closing quotations. Id on either fiide. New Zealand Breweries shares had dealings at prices ranging from 44s 6d to 44s Id, sellers staying in at the lowest price, buyers at 445. Tooths Brewery snares were stronger on buvers' offers, 22s 7d sellers at 23s (Id British Tobacco shares hardened to 32.9 6d buyers, 33s sellers. An odd parcel of New Zealand Drug Compnnv shares was released at 57s 6d, closing quotations 56s 9d buyers, 63s sellers. Tooheys Brewery shares had dealings nt 16s 3d. Whiteombe and Tombs shares, cum dividend, were wanted at 66s 6d, sellers at 68s 9d. M.ahakinnwa Goldfields shares recovered to dealings nt 6d, 6.sd and '3d. and there were further buyers at 6d. sellers at 6sd Winding Creek 9d paid shares moved up to 2}d. closing quotations on either side.

AUCKLAND SUMMARY. [TBS PRESS Special Service.;] AUCKLAND, October 10. . A feature of the trading on the Auckland Stock Exchange during the current week was the steady demand ror Australian stocks, values for which uave either unproved or remained otead.v at the hrnier levels sot at the iiose ot last week. i'he voiume ol 'jumnisss transacted was a little miialloi than during the previous week. Government securities showed small declines in value for the week. Busi-ness-was done in tux-free issues at £i)'J 17s (ja, nnu sji per cent. 19ii3 loans sold nt £'jy LOs and £99 Is t>d. Dealings in U&nlu were responsible tor most ot the turnover, the section receiving steady support from buyers throughout the week. Commercials of Auatrnliu changed hands at prices ranging from 16s 4d on Saturday to 183 <jd on Wednesday, and down again to 17s 3d to-day. English, Scottish, Hnd Australians were released unchanged at £5 ?s Gel. The contribut,n K issue of Nationals of Austrnlasia Hod sale nt £0 15s, or 2s 6d higher than sale last week. Buyers for Nationals of New Zonland advanced their limits 4s to £5 4-s, and for New South Wales 30s to £32 los. New Zealand* sold from 52s 3d to 535. Pnions werr: much firmer, with sale to-dny at £9 IDs. In insurance. New Zealands were *liirhtlv firmer, with buyers at 39s 9d. South British showed stondy improvement. with sales at 55s 6d 55s 9d, and 57s 3d Enquiry in most other sections was quii>t. Colonial Sugars were released four times at £3l. showing a nso of 25s for the week. Business was dune in the preferen-'e issue of Electiolytic Zincs at 17s 6rl, Milne and Chovees nt 245, and Farmers' Fertilisers at 17s 6d Wilson's Cement were steady and had sale at 395. fn minintr. Wnihis with sale at 15s 4d trained 5d- Grand Junctions improved from 2s to 2s 2d. Mount Lveils changed hands at 17s 4d and 17s 4sa.

AUSTRALIAN EXCHANGES. HARDENING OF BOND MARKET. A report issued yesterday by the committee of the Melbourne Stock Ex- ! change, and received in Christchurc.h last evening by radio, remarked the uardening oi the bond market as a featu;o of the day's business. in the Banning section stock tirraeu slightly. Saies were made at the following prices:—Commercial Bank of Australia, IBs, 18s ad. Bank of N.S.VY. t'aa 10s. Carlton Brewery 21a 9d, 225. Go.dsbruugh Mort, 21 s 3d. Broken Hill Proprietary, 13s 3d, 13s 6d, 13s 9d. Ounlop iOs 3d, 10s sd, 10s 7d. Electrolytic Zinc (pref.), 17s 9d. Australian Ulass, 26s 6cl. British Tobacco, 32s 3d, 42s 6d. _ There was strong support for all Bar.rier shares. North Broken Hill rose to 28s 6d, and the market finished, buyers oos, sellers 30s 3d. Other sales were: Mount Lyell 16s lid, 17s, 17s 3d, 17s 6d. Taranaki Oil, Is Bd, Is 9d. , Sydney Sales were:—Bank of Aus., £l2. National Bank of Aust. (partly paid) £6 2s 6d. E., S., and A., £5 8s 6d. Commercial Bank of Aus., 18s lOd. Commercial Banking Co., of Sydney, £lB 12s 6d. Pank of N.S.W., £33 2s 6d. Toohey's, 15s 1 9d, 15s 10id, 16s. Tooths, •235, 23s 3d, 23s 44d.' Australian Glass, 25s 9d. 265, 26s 3d. British Tobacco, 32s 6d. Broken Hil] Proprietary, 13s 3d, 13s sd, 13s 6d. Colonial Sugar (two sales), £3l ss. Dunlop's (ex div.), 1 lOs 2d, 10s sd. Dalgety's, £8 ss. Goldsbrough Mort., 21s, 21s Mount Isa 17s, Taranaki Oil, Is 6d. Carlton Brewery 22s 6d. Burns, Philp, 29s 6d. DAIRY PRODUCE. MARKET STAGNANT. Dalgety and Company, Ltd., have received the following cablegram from Samuel Page and Son, Ltd., London, dated October 9th:— Butter —Market stagnant. Quotations: Danihs 144s to 146 a, finest New Zealand 112s to 116s, finest Australian unsalted 126s to 128s, salted 110s to 114s, g.a.q. 106s to 110s. Stored New Zealand prices are 3b per cwt lower. Cheese—Market slow. Quotations: Australian white 68s to 70s, coloured 68s. to 70s, New Zealand white 70s to 725, and coloured 69b to 71s; Canadian spot white 72s to 78e, coloured 72s to 78s, Canadian c.i.f. 745. The National Mortgage and Agency Co. of N.Z., Ltd., have received the following cablecram from A. J. Mills and Co., Ltd. London : Butter—Market slow. New; Zealand finest 114s to 116s, New Zealand firsts 110s to 112s, Danish 146s to 148s, Australian 110s to 114b, stored 2s to 4& less. Bupplies more than equal demand. Cheese—Market quiet. New Zealand white 11* 7 i«' New Zealand coloured 71s to white e.i.f. 72». Canadian col-

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https://paperspast.natlib.govt.nz/newspapers/CHP19301011.2.71

Bibliographic details

Press, Volume LXVI, Issue 20056, 11 October 1930, Page 14

Word Count
1,144

YESTERDAY'S TRANSACTIONS. Press, Volume LXVI, Issue 20056, 11 October 1930, Page 14

YESTERDAY'S TRANSACTIONS. Press, Volume LXVI, Issue 20056, 11 October 1930, Page 14

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