'Change Very Quiet
[Special to “Northern Advocate ”] AUCKLAND, This Day. After a spell of active trading late yesterday, business on the Auckland Stock Exchange was very quiet again this morning. There was only one sale at the first call, and one reported.
Bank shares were generally firmer, buyers raising their efforts to 16/1 for Commercials, £2 3/6 for Nationals, and New Zealands had a steady market between £1 18/6 and £1 19/3.
Buyers for Auckland Gas were back still further to 16/, with sellers unchanged 2/ higher. Coal shares were firm, however, especially WestportStocktons, which had buyers at 3/8 for the ordinaries and slightly higher quotations for the prefs. from 7/6 to 8/2.
Among Australian industrials, Dun-lop-Perdriaux moved up sharply and closed between £1 1/9 and £1 2/6. British Tobaccos and Broken Hill Pty., were marked up a shade.
In the Government section, the easing tendency continued, sellers reducing their reserves in a numbbr of cases.'
Sales completed at the noon call today were: —Bank of New South Wales, £29 12/6; Bank of New Zealand, £1 18/9; South British. £2 4/3; Colonial Sugar, £49; Dunlops, £1 2/; Woolworths (Sydney), £1 2/10; Southland Meats, £1 8/; Wilsons Cements, 15/6. Stocks: March, 39/43, £99 12/6; Auckland City Council, 1-1-44/58, 41 per cent, £IOO 10/,
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Northern Advocate, 1 March 1939, Page 8
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212'Change Very Quiet Northern Advocate, 1 March 1939, Page 8
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