STANDARD STOCKS.
NOTABLE FALL IN VALUES.
CHANGE IN TWO MONTHS.
A comparison between the quotations at %arious periods shows that the depreciation in the values of first-class securities which followed the declaration of war has recurred vith some modification during the past <ouple of months. During ten months of the war period, quotations practically rejjained the level at which they stood a few weeks before the outbreak of war threatened. Latterly, values have again receded, though they stand much higher than during the first month of the war. This condition is illustrated by the following table, which contains the quotations for a number of standard stocks at July 15 and August 15 of last year, and at June 15 and the present day of this year:— July, Aug., June, Aug., 1914. 19U. 1915. 1915. Bank of NZ. £16i £141 £171 £16 N.Z. Insurance £6! £5i £6t £5* South British £4S £*i £41 £4| Colonial Sugar £48* — £485 £43J Auckland Gas 29,6 24/9 29/6 28/6 Auckland Trams 23/9 20/- 21/6 21/3
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Bibliographic details
New Zealand Herald, Volume LII, Issue 15997, 16 August 1915, Page 9
Word Count
170STANDARD STOCKS. New Zealand Herald, Volume LII, Issue 15997, 16 August 1915, Page 9
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