AUCKLAND STOCK EXCHANGE

Northern Advocate, 13 July 1936, Page 4

AUCKLAND STOCK EXCHANGE

STEADY BIDDING TODAY [Special to “Northern Advocate.’*] AUCKLAND. This Day. There was steady bidding at the first call on the Stock Exchange, with the exception of banking, wool and timber. Thre was little demand for bank shares. New Zealands sold unchanged at £2 1/3, with a subsequent market between £2 1/ and £2 1/6.

Gas sharer were steady between 25/6, and 25/10 for the ordinaries, and a buyer came in for contributing at 17/9.

N.Z. Breweries were steady between £2 13/4 and £2 14/, and Dominions firmed up further with buyers at £1 7/9 and sellers 2d higher.

The chief feature in Australian issues was further weakness in Coles, which sold 18d cheaper at £4 1/3. Hume Pipes and Morts Docks made slight, gains, with business at 21/ and 12/3.

There was again a demand for all issues of Government stocks and no sellers. M. K. Millinery advanced on an announcement of a 10 per cent interim dividend, with buyers at £2 4/. but no sellers. The following sales were recorded at the 12.15 p.m. call today.—Electro Zinc. prof.. £2 2/10; G. j/Coles. £4 1/3; Mataki, 1/6: Bonds, 37 40’s, 4 per cent.. £lO2 12/6.