STOCK EXCHANGE
FIRMNESS IN BANK SHARES. FEATURE OF THE BUSINESS. (By Telegraph—Special to Times.) AUCKLAND, Friday. A feature of the business on the Stock Exchange since the noon call yesterday has been the continued firmness in Bank of New Zealand shares, which changed hands at the 3.15 p.m. call at £2 6s 6d, and this morning at £2 6s 9d, with more wanted at the latest figure. New Zealand Breweries are steady, and after another sale yesterday at Cl 13s 6d there were still buyers at £1 13s 3d. The recent weakness in Government 44 per cent, stocks was confirmed, with a sale- 1 this morning at the new low level of £93 10s. Buyers of Union Banks raised their offers Is to £6 6s, and for Standard Insurance to £2. There has been fair interest in Moanataiari Mining as a result of reports from the mine, and after sales yesterday at Is 6d and Is 7d holders stood out for Is lOd. King Solomons were also in request at Is 6d. SALES REPORTED. (By Telegraph.—Press Association.) AUCKLAND, Friday. The following sales took place on the Stock Exchange:— Bank of New Zealand, £2 6s 9d. Reported. Commercial Bank, 13s 3d. “ British Tobacco, 27s 3d. New Zealand Breweries, 33s 9d. Standard Insurance, 41s. Union Bank, £6 10s Gd. Inscribed Loan, 4i per cent. (1938), £9.3 10s.
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Bibliographic details
Waikato Times, Volume 109, Issue 18258, 20 February 1931, Page 7
Word Count
225STOCK EXCHANGE Waikato Times, Volume 109, Issue 18258, 20 February 1931, Page 7
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