Stock Exchange Values Lower
t Special to "Northern Advocate ”] AUCKLAND, This Day. Values were lower on the Auckland Stock Exchange this morning, and the market had a weaker tone. Buyers were more hesitant, and some of the bidding was nominal. The downward tendency was noticeable, compared with the price ruling yesterday afternoon. Broken Hill Proprietarys have lost further ground—£2 3/10 to £2 3/3 — though South British .Insurance and Colonial Sugars are level. There is a marked drop in Government issues. The full range of quotations is by no means full, while the figures which are quoted reflect an easing market Investors are waiting to hear what the Government intends. Sales completed at the noon call to--0/3; Bycrofts, £2 0/6; stock, 15/2/43day were:—Bank of New Zealand, £2 46, 4 per cent, £101: stock, 15/4/46-49, 4 per cent, £lOl 10/; City of Auckland, 1/1/44-45 4J per cent, £lO2 10/.
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Northern Advocate, 28 May 1940, Page 3
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147Stock Exchange Values Lower Northern Advocate, 28 May 1940, Page 3
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