Market on ’Change Steady

Sun (Auckland), Volume II, Issue 385, 20 June 1928, Page 12

Market on ’Change Steady

KEEN BUSINESS IN BANKS THE market opened this morning somewhat quietly although a fair amount of business lias been registered. Bank securities are attracting considerable attention.

Bank securities are still attracting the investors. Bank of Australasia remain steady at an increased price. Bank of New South Wales have improved considerably and now stand with buyers £49 10s no sellers quoting. Union Bank of Australia have still maintained their recent rise. Insurance shares are steady although little business has been recorded. Auckland Gas scrip sold this morning at L’3s 4d leaving the market unchanged. Wilsons (N.Z.) Portland Cement changed hands at 36s 3d with little change in the market. All Government and local body securities are in good tone with many buyers quoting-

a Yesterday afternoon’s business.—On ’Change: Bank of New Zealand, £2 19s 3d: Union Bank of Australia, £l4 19s; 1 New Zealand Insurance, £2 2s 3d: Auckland Gas, £1 3s 4d: Taranaki Oil, 1 11s 6d. Reported: Commercial Bank of i Australia, £1 9s 7d: Union Bank of Australia, £ls; National Insurance, 15s 5 6d: Northern Steamship, 14s 9d; Ohinel. muri Gold and Silver Mines, 7s. t Business at this morning’s early call. q —On ’Change: Auckland Gas, £1 3s 4d; Wilsons (N.Z.) Portland Cement, - £ 1 16s 3d. y Business at to-day’s mid-day call. — 1 Reported: Hikurangi Coal (ord.), os.