STOCK EXCHANGE

Northern Advocate, 7 February 1934, Page 9

STOCK EXCHANGE

ACTIVITY MAINTAINED. (Special to "Northern Advocate.") AUCKLAND, This Day. The local Stock Exchange has maintained activity' over the last 24 hours, and a good number of sales, covering a wide range of securities, has been put through. The high price of gold on the world’s market has had the effect of stimulating the demand for gold shares, and Waihis touched a new high level with a sale at £1 11/3. In the banking section, New Zealauds were again in request at £2 10/3, with holders prepared to take 6d above that figure.

K.Z. Insurances were firm, and had buyers at £2 18/-.

Pukemiro Collieries were offered at £1 2/9. Union Steams were again on offer at £.l 6/-, bringing a buyer at £1 5/-.

Timber shares were in fair request, with £1 0/9 offered for Leyland, 0 ’Briens, 17/3 for Kauris, and 12/6 for Bartholomews.

Government stocks were steady at late rates.

The Noon Call.

■Sales recorded at the noon call today were as follows;—Commercial Banks, 17/9; Jlank of New Zealand, £3 10/3; A.P.A. Insurance, 11/; National Insurance, 18/6; iSouth British Insurance, £3 16/; Huddart Parker, £1 13/6; Bell Kilgour, lOd; King Solomon (3), 4/2; Waihi Grand Junction (2) 5/; Government bonds, 1940, 4 per cent, £lOl 10/. Unlisted, John Fuller, (i per cent, 1949, £BO.