Quiet Morning on ’Change

Sun (Auckland), Volume II, Issue 409, 18 July 1928, Page 12

Quiet Morning on ’Change

LITTLE BUSINESS RECORDED

ALTHOUGH the market is q for most of the gilt-edg< Zealand have improved at mi Although little business has been transacted in banks, the market in most cases remains firm. Bank of New South Wales, Bank of New Zealand and Union of Australia being most prominent at present. In the Loan and Agency, Goldshrough, Mort and New Zealand River I date are attracting considerable attention, and investors are offering high figures. New Zealand Loan and Mercantile, both ordinary and preference stocks, have steady buyers. Coal shares are steady. Hikurangi, ord., pref. and A pref. have keen buyers, no sellers appearing. Pukemiros have buyers at 665, sellers 72s 6d. TauT>iri ord and pref. also have steady buyers, with no shares offering. Colonial Sugar (Australia) are sought after at £59 30s, sellers quot-

[uiet a fair demand still exists ;d investments. Bank of New id-day to sales, 59s 9d. ing at £6O 2s 6d. Milne and Choyce both shares and debenture stock are in demand, no sellers quoting. Mining remains quiet, with the exception of Waihi, which still maintains the recent advance, buyers quoting 12s Sd, sellers 13s. Yesterday afternoon’s business.—On ’Change: Waihi Gold Mining Company. 12s 6d, 12s 9d; Waihi Grand Junction, Is 4d. Reported: Taranaki Oil Fields, 10s; Ohinemuri Gold and Silver Mines (ord.), 7s Id; Mount Lyell Mining and Railway, £1 14s 9d. Business at this morning’s early call. On 'Change: Reported: Auckland Gas, £1 3s Id. Business at to-day’s mid-day call. — On ’Change: Bank of New Zealand, £2 19s 9d. Reported: Devonport Steam Ferry, £1 3s 3d; Northern Steamship, 14s 9d.