Cement Shares Harden On ’Change

Northern Advocate, 15 July 1938, Page 5

Cement Shares Harden On ’Change

[Special To “Northern Advocate”] AUCKLAND, This Day. Overseas reports were reflected at this morning’s call on the Stock Exchange in lower prices for metal shares. Buyei's stopped at 41/6 for electrolytic zinc ordinaries and at 45/6 for the preferences, while Mt. Lyells, Mt. Morgans, North and South Broken Hill were all voted at lower levels. The announcement of the final dividend and bonus by G. J. Coles directors failed to lift the shares, which sold 1/- lower at 82/6, with a market) between 82/- and 83/-. Wilson’s Cement shares continued firm, with buyers at 17/9 and sellers 9d higher. There was good inquiry in the banking section, and buyers in Unions moved up to £8 11/-, bringing in a seller at £8 14/-. Wool worths (N.Z.) were quoted ox dividend, with quotations at 20/- to 21/-. Government stocks were steady at late rates, but local body debentures were almost off the lift, the only offering being a parcel of Auckland Harbour Board. 1960 issue, at £lO6, The Noon Call. Sales completed at the noon call today included: N.Z. Insurance. £2 16/6: Kaiapoi Wool, 10 6; Dominion Breweries. £1 15/6; Farmers’ Trading, £1 02; Farmers’ Trading. B pref. £1 CTO: North Broken Hill, £2 7/6; Stocks, 15/4T6-49, £lO2 10/-.