Business on 'Change
Banks in Demand HEAVIER trading is recorded on ’Change. Increased attention is being given to banks.
Bank of New Zealands are slightly firmer and registering increased activity at 60s 3d. Commercials remain In good tone, and at mid-day sellers hardened 3d to 30s, with buyers firm at 39s 3d. Unions are slightly easier. In miscellaneous. New Zealand Fertilisers have eased a point or so to see sales at 925. Taranaki Oils are steady, with buyers in at 9s. In timbers, buyers of Kauris have withdrawn following the directors’ announcement that there will be no interim dividend this year. Sellers were quoting 21s 6d. Business at yesterday afternoon’s call.—Bank of New South Wales, £4B 10s;. Bank of New Zealand, 60s 3d;
Union Bank of Australia, £l4 17s 6d; South British Insurance, 61s; Hikurangi Coal (ord.). 4s 6d; Westport Coal (pref.), 4s; New Zealand Breweries, 42s 6d; Morris Hedstrom, 21s; New Zealand Farmers’ Fertiliser, 925: Wilsons Cements, 395. Business at to-day’s early call.—On ’Change; Mount Lyell, 32s 9d; Bank of New Zealand, 60s 3d. Reported: National Insurance, 15s 6d; Kempthorne Prosser New Zealand Drug, 69s 9d; New Zealand Refrigerating Company (con.), 8s sd; Taranaki Oils, 9s and 9s 2d. Business at mid-day.—Reported: Pukemiro Coal, 65s 3d; Mount Lyell, 32s 9d.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19280524.2.127.1
Bibliographic details
Sun (Auckland), Volume II, Issue 362, 24 May 1928, Page 12
Word Count
211Business on 'Change Sun (Auckland), Volume II, Issue 362, 24 May 1928, Page 12
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