STOCK EXCHANGE.

Waikato Times, Volume 116, Issue 19313, 20 July 1934, Page 5

STOCK EXCHANGE.

THE AUCKLAND MARKETS. BANK SHARES DECLINE. (By Telegraph—Special to Times.) AUCKLAND, Friday. A feature of the latest trading has been a further decline in the price of Bank of New Zealand shares., which -changed hands Ibis morning at £2 6s 9d, a drop of 2s in a fortnight. The banking section as a whole was dull, and Commercials were on offer at 15s sd, with no buyers. Insurances continued firm. New Zcalands were in demand at £3 Is 6d, with holders asking is higher. There was a good inquiry for coal shares, with buyers for most listed lines. Auckland Gas. Con. shares were a shade easier, with sellers at 19s 2d. British Tobaccos were again wanted at £l 16s Cd. A buyer came in for Australian Glass at 58s. Broken Hill Proprietary shares had a buyer at 43s 9d. The recent strength of Government stocks was confirmed in a sale of Iho 1940 issue, which had first paid its half-yearly Interest, at £lO5. Sales Transacted. The following sales were recorded: Skippers, Bd. Northern Steam Con., is lid. Nokomal, 3s Old. Robinson ice Cream, 18s 3d. National Insen., J9s Cd. W.iilii, fils Oil. Breweries, ex iliv., 42s Cd. Bank of New Zealand, 40s 9d. ■Slock, 10 in, £IUD.