’Change’s Slightly Improved Tone
[Special to “Northern Advocate ”] AUCKLAND, Tuesday. Though still dull, the Auckland Stock Exchange had a slightly improved tone this morning. A moderate list of sales was put through at the first call, and quotations for Australian securities showed a better tone. There was inquiry for a fair range of New Zealand industrials mostly based on recent valuations. In the banking section, Australians sold 5/- cheaper at £9, after which buyers dropped out, leaving unsupported sellers at £9 5/-. New Zealands were .at a lower ’ level, with quotations from 38/6 to 38/9. Gas shares improved with buyers moving up to 16/8. In the miscellaneous division, Myers’ Emporiums had a market between 30/- and 32/3. Government stocks were steady at late rates. Sales completed at the noon call were as follows: A.C.1., £1 16/3; Consolidated brick, 9/6; stock, 15/2/43-46, 4 per cent, £9B 10/-.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19390705.2.130
Bibliographic details
Northern Advocate, 5 July 1939, Page 11
Word Count
146’Change’s Slightly Improved Tone Northern Advocate, 5 July 1939, Page 11
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in