Quiet Tone on ’Change
New Zealand Banks Firm
A QUIET tone was registered on ’Change this morning Little movement was registered in any section.
In banks, buyers of N.Z. improved to 60s 9d to find sellers holding firm for 61s. Commercials are also firm with sellers at 29s 9d, supported by buyers at 29s 6d. Buyers of Kauri Timbers have moved up another 3d to 19s 3d to see sellers ease 6d to 20s 6d. Buyers of Nationals came in this morning at 2s 6d. Coals continue mostly in good tone, with sellers holding firm at late quotation, but practically no business is being transacted. Industrials are quiet. Buyers of
Australian Glass have improved to 445. Kempthorne Prossers are not sought, with sellers weaker at 695. Mining is mostly weak and neglected. Business at yesterday afternoon’s call.—Reported: Tongkali Harbour Tin, 19s 7d; Bank of N.S.W., £4B 10s; Taranaki Oils, 10s 3d; Wilsons Cements, 38s; Innes and Co. (ord.), 16s 6d. Business at this morning's early call. —Reported: Westport Stockton Coal (ord.), 3s; N.Z. Breweries, 41s 6d; Morris Hedstrom, 21s 6d; Mt. Lyell, 33s Sd. Business at mid-day.—On ’Change: Northern Steamship, 14s 9d.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19280612.2.124.1
Bibliographic details
Sun (Auckland), Volume II, Issue 378, 12 June 1928, Page 12
Word Count
192Quiet Tone on ’Change Sun (Auckland), Volume II, Issue 378, 12 June 1928, Page 12
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