Business At Standstill On Auckland Exchange
[Special to “Northern Advocate ”J AUCKLAND, This Day. Business came to a standstill on the Auckland Stock Exchange this morning, no sales being recorded at the final call of the week. Quotations were generally steady, and most issues held recent improvements. A further rise in Renown Coals was an outstanding feature. With buyers at 9/- and no sellers on the market, these shares reached the highest level for some time. Other coal shares were steady, while Auckland Gas eased a shade on yesterday’s improvement, having buyers at 16/9, and sellers a penny higher.
Among Australian securities, Broken Hill Proprietaries were quoted a little lower, between 68/3 and 69/3, but Colonial Sugars and Electrolytic Zincs (prefs.) showed further improvement, the latter issue lying between 57/6 and 58/9. Bank and insurance shares were firm, and Government stock steady. Bank of New Zealands looked steady, with buyers at 38/9 and no sellers in sight.
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Northern Advocate, 15 July 1939, Page 7
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157Business At Standstill On Auckland Exchange Northern Advocate, 15 July 1939, Page 7
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