South British Shares Strongly Demanded
[Special to “Northern Advocate”! AUCKLAND, This Day.
, A N strong demand for South British shares, and an easing in Broken Hill Froprietarys were the outstanding features when the Auckland Stock Exchange opened its second week of the year this morning. South British were in request at last week’s high point of £2 9/9. and sellers stood off at £2 10/6.
Broken Hill Froprietarys, after two sales 9d below recent values, had a range from £4 6/9 to £4 8/6. Bank of New Zealands were steady, and Nationals of New Zealand had buyers at £2 2/, their sales level last week. Government bonds and stocks continued to have a full buying inquiry, with little scrip offering. South British advanced further at noon, with sales at £2 10/, and still buyers at the new figure, V Limits for Broken Hills were narrowed following a further transfer unchanged. Australian Alloy Steel recorded a rise of 1/9 on the last sale in December, the price being 6/9. Bank of New Zealands had buyers 2d higher.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19400115.2.121
Bibliographic details
Northern Advocate, 15 January 1940, Page 7
Word Count
176South British Shares Strongly Demanded Northern Advocate, 15 January 1940, Page 7
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.