STOCK EXCHANGE

Northern Advocate, 29 October 1932, Page 6

STOCK EXCHANGE

MARKED QUIETUDE

(Special to “Northern Advocate.") AUCKLAND, This Day,

Even for a Saturday which rarely finds activity on the local Stock Exchange, proceedings wore especially quiet at this morning’s call. The only sale recorded was one of Government stocks held over from yesterday. Bidding in the banking section was particularly dull. Australasias were weak, with sellers at £lO and.no buyers, and Unions were available at £7 17/. For New Zealands the best offer was £2 5/.

Insurances were steady and buyers for South British, ex-dividend, advanced lid to £2 1(5/9.

Goldsbrongb Alorts were offered 3d lower sit £1 4/, smd si parcel of River Plato was available at £1 3/. New Zealand Refrigerating (eon.) .esisod further, with sellers at 2/7. Government stocks were unchanged.

The onlv real linn line was Waihis, for which buyers offered 18/1 with holders asking 3d higher.

Weekly Summary. Sales completed (.luring the week were as follows: — Hanks. —New Zealand, £2 5/9 (2); New Zealand, I) Mortgage, £1 9/; National of New Zealand, £4 1/, £4 .1/3., £-1; Union, £7 18/6; Commercial, 14/9; Australasia, £9 17/6. Insurances.—New Zealand, £2 3/9, £2 3/6; National, 14/6; Standard, £2 10/.

Breweries. —Tooth’s, £1 .12/3. Government.—(l937), £IOO, £IOO 2/6, £IOO (2), £IOO 5/ (2), (1936), £IOO 2/6; 44 (1935), £97; (1939), £94 17/6, £94 12/6.

Local Bodies. —City of Auckland, 5 per cent (1936), £96 10/; 5J per cent (1940), £9B 10/. Alining.—Wailii, 17/6 (2), 17/7, .17/8 (3), 17/1 (I (3): Golden Dawn, 4/8, 4/10; Kawarau, 7d; Cornish Point, 3d; Golden Point, 6d; Blackwater, 17/9. Australian. —Colonial Sugar, £SO, £49 15/ (2); British Tobacco, £1 12/6; Australian Glass, £2 0/6. Dominion.—Auckland Gas, £1 1/2, £1 1/.'!; Auckland Gas (con), 15/2; New Zealand Refrigerating (con), 3/- (2); Partners’ Auctioneering (B prof), 13/; Wilsons Cement, £.l 11/ (2),‘ £l' 11/6, £1 11/3; Leyland O’Brien, 19/8; Devonport Steam, IS/, 18/3; Taranaki Oil, 2/3 (2).