Firm Tone On ’Change

Northern Advocate, 23 July 1938, Page 10

Firm Tone On ’Change

I Special to '‘Northern Advocate. ] AUCKLAND, This Day. Yesterday’s quiet but firm tone continued on the Auckland Stock Exchange to the close cf business for the week, though there was a fair number of sales reported at litis morning's call. A sharp rise in British Tobaccos was the outstanding feature, quotations closing between £2 8 6 and £2 9/3.. Australian Glass were also slightly better, but offers for Broken Hill Proprietary dropped back slightly to £3 0/3, following yesterday’s advance. Buyers for Colonial Sugars moved up to £47 2/6, and still there was not ducing companies were slightly easier, a seller in sight. Shares in Australian base metal proElectrolytic Zincs and Mt. Morgans : being quoted down 'a few pence, j though Mt. Lyells were firm. Among local industries there was a revival of interest in Milne and Choyce, all four issues being quoted at firm rates. Taranakis were a shade higher, between. 13/7 and 13/10. Banking issues were nearly all j steady, Australians returning to the [ list with buyers at £9 14/ and no sell- | ers. Government securities were dull, with few offers to buy, and selling quotations virtually unchanged, ! Rain Causes Rugby Postponements I Owing to the heavy rain this morning all club Rugby was cancelled in Whangarei today. Attempts to put off the Rodney visit were unsuccessful, as the visitors were in transit, so that the representative game continued.