STOCK EXCHANGE
BANKS VERY FIRM
(Special to “Northern Advocate. n ) AUCKLAND, This Day.
Business on the local Stock Exchange has been fairly active during the past 24 hours and many sales have been recorded concerning a wide range of securities. In the banking section there was a good demand and a sharp rise in Australasias. For these buyers offered £8 18/, but holders askcd v £9 10/. Commercials were firm, and after a sale at 1(3/7 holders asked 10/8. The insurance section was steady, with few price changes. Australian general securities met a good market, with buyers at £1 0/9 for British Tobaccos £37 5/ for Colonial Sugars, Electro Zincs prefs, at 19/6 and Mt. Lyclls at £1 0/3, In Government stocks a parcel of inscribed tax-frees was available at £97 and one of 54’s (1937) also inscribed at £IOO. Noon Call. , There was only one sale at the noon call, namely, South British Ins., £2 14/.
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Bibliographic details
Northern Advocate, 9 December 1931, Page 5
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157STOCK EXCHANGE Northern Advocate, 9 December 1931, Page 5
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