BROKERS CAUTIOUS
WAR LOAN QUOTATIONS MARKET CLOSES AT £B2 (Per Press Association.) AUCKLAND, this day. A cautious attitude was adopted brokers when the new £8.000,000 war loan was quoted for the first time on the Auckland Stock Exchange to-day. The opening oiler for the stock on a fully paid basis of £IOO was £SO, which was immediately raised to £6O, then £65, £7O and £75 in rapid succession. ' The initial response of sellers was at £9O, after which the limit was reduced to £BS, £B3 and £B2, at which the market closed, leaving - a range of £7 between buyers and sellers.
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Bibliographic details
Gisborne Herald, Volume LXVII, Issue 20385, 23 October 1940, Page 11
Word Count
101BROKERS CAUTIOUS Gisborne Herald, Volume LXVII, Issue 20385, 23 October 1940, Page 11
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