STOCK EXCHANGE

Northern Advocate, 30 November 1936, Page 9

STOCK EXCHANGE

SMALL LIST OF SALES

ISpecial to Northern Advocate.”!

AUCKLAND, This Day.

The week opened quietly on the Auckland Stock Exchange, when, at the morning call, there were'only, five reported sales. Bank of New Zealands held their rise at the end of last week, with another sale at £2 1/3, while Bank of New South Wales had better buyers at £35, and sellers 10/- higher. The slight easing in Goldsbrough Morts, after the dividend announcement, was confirmed in a sale 9d lower at £1 16/6. Dominion Breweries showed a' further strengthening, with offers of £1 18/-, and no sellers. For Milne and Choyce debenture stock, buyers were higher at 16/3, with sellers 3d above.

Most Australian securities were on offer at unchanged rates, but, on the buyers’ side, there were many blanks. Little interest was shown in Government securities, while, in the local body section, an extremely wide range of debentures had sellers’ quotations, with one solitary buyer. Woolworths (N.Z.) had better buyers at £6 5/-, and sellers were unchanged at £6. The shares of the Sydney firm had a market between £7 3/6 and £7 7/-, practically unaltered.

The market was still very quiet at noon and only three sales were recorded. Sellers for Bank of New South Wales moved up to £35 15/-, with a buyer still in at £35. The feature, however, was the strong demand for New Zealand Loan and Mercantile, buyers advancing to £35 and sellers, who offered to take £4O in the morn-: ing dropping out. Offers for Colonial Sugar improved to £43, and sellers remained 5/- above. Woolworths (Sydney), were quoted, closing between £7 4/- and £7 6/-.