STOCK EXCHANGE

Northern Advocate, 6 February 1934, Page 8

STOCK EXCHANGE

BUSINESS BRIGHTENS. (Per Press Association. —fonyriernt.) AUCKLAND, This Day. There has been a slight improvement on the Stock Exchange, since the last report and a fair number of sales has been put through. In the banking section New Zealands wore in demand at the first call, with buyers at £2 10/ and holders asking 1/ higher. Australasias, too, were firm, and buyers advanced their offers to £l2 17/. Mining shares attracted special attention with buyers for Waihis at 30/6, for Blaekwaters at 37/ and Consolidated Gold at 19/6. Government stocks were in good demand at full late rates, and 4 per cent were placed at higher figures.

THE NOON CALL

Much business was done or reported at the non call, which covers most classes. An ex-dividend sale of Auckland Gas (ordinaries) was at a higher figure than the cum. dividend. The exdividend sale was £l/4/-, while the cum. dividend transaction was at £l/3/11. Buyers, are now £l/3/9, Id. ahead of this morning, with holders £l/4/4, 2d. below the morning call. A sale of Goldsbrough Morts ‘took place at £l/14/3, which is a drop of 2/9 on the last sale. Considerable interest was shown in mining shares, sales taking place of Bell-Kilgonr, King Solomon and Mt. Lyalls. Other lines showed little change, though the tone was brisk.