Healthy Conditions On Stock Exchange
[Special to “Northern Advocate ” 3 AUCKLAND, his TDay.
Healthy conditions ruled on the Auckland Stock Exchange today, with values in the majority of cases firmer, and a predominance of buyers.
Government securities were inquired for in all issues, but there was little scrip offering. A sale of 1946-49 slock showed a rise of 15/-, as compared with the market before the holidays.
Among banks. Nationals of New Zealand were transferred at a reduction of 1/9 on the price a month ago, and were afterwards quoted from £2 1/3 to £2 2/3.
Breweries were strong, New Zealands recording a rise of 1/3, and Dominions being asked for at £1 12/3 for the ordinaries and increases for the other issues.
Sales completed at the noon call today were: South British, £2 9/6; Taranaki Oils Development, 2/1; inscribed stocks, 1954-50, 4 per cent, £99 15/-.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19400112.2.23
Bibliographic details
Northern Advocate, 12 January 1940, Page 2
Word Count
147Healthy Conditions On Stock Exchange Northern Advocate, 12 January 1940, Page 2
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