Stock Exchange; Business Lags
[Special to "Northern Advocate ”l AUCKLAND, This Day. A predominance of buyers and generally wide margins between buyers and sellers continue to be the l features of the investment market in Auckland. Even at the higher prices reached over the past three 1 weeks, brokers on the Auckland Stock Exchange are finding it difficult to do business,- and a further hardening of values appears inevitable. Offers of £2 3/, which was a rise of Gd. for National Bank of New Zealand, failed to interest holders, and there was also a lack of response to enquiries for Bank of New Zealands. Buying quotalians for Kauri Timbers were advanced sharply to £1 2/9, and for several issues of woollens,, including Felt and Textiles and Kaiapois. Australian industrials were steady. Among local shares there were stronger enquiries for Robinson's Ice and Farmers’ Trading. Sales completed at the noon call were: Broken Hill Proprietary, £2 14/; Woolworths (N.Z.), 17/; Efnperor, 16/10; Mt. Lyall, £1 13/10; Mt. Lyall, £1 14/.
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https://paperspast.natlib.govt.nz/newspapers/NA19400131.2.85
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Northern Advocate, 31 January 1940, Page 6
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169Stock Exchange; Business Lags Northern Advocate, 31 January 1940, Page 6
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