Insurance Group Firm

Sun (Auckland), Volume II, Issue 601, 1 March 1929, Page 10

Insurance Group Firm

Waihi Market Easing By "Noon Call." UEALTHY business has been recorded on ’Change over the *1 past 24 hours. Banking scrip meets with a strong inquiry, further rises taking place in the group.

Fluctuations I Northern Steam (con.), rise of 3d. j Mt. Lyell, rise ot 3d on Wednes- { day’s Wellington market. \ Waihi Mining, fall of 4d. V Wilsons Cement, fall of 4d. Aust. Bank of Com., rise of 6d. Renown Coal, fall of 9d. Nat. Insurance, rise of Id. Queensland Insurance, rise of 6d. In the insurance group buyers now offer Ss lOd for A.P.A.’s, but sellers fire firm at 9s lOd. Steady buyers of {South British at 65s fail to attract a , declaration from sellers. Queenslands paw their first sale for over a week at an advance of 6d. New Zealands are yery firm at 475. "Renown Coal ordinaries are slightly {Weaker, selling at 17s 3d at mid-day, Compared with a market at 18s at the time of the last sale, over a fortnight ago. The market closed at mid-day with sellers asking 17s 9d and buyers withdrawn to 17s. In the miscellaneous section most of ilhe better-class securities have steady buyers, but the market show's few jnovements. It is interesting to note

that N.Z. Paper Mills have firmed since the date of their last sale a month ago. to see business in the South yesterday at 18s 3d, an advance of Is 3d over the period. Wilsons Cements are easier, sales being made at 39s 9d. W'hittome Stevensons are firming. The market for Waihi mining scrip sagged badly at mid-day. sales being made down to 13s 2d and, with more offering at that figure when the market closed, buyers were not prepared to go Business yesterday afternoon.— Northern Steam, 6s lid; Mt. Lyell Mining, 445; Waihi Mining, 13s 6d; Ohinemuri Mining, 8s sd: N.Z. War Loan, 1930, 4* per cent., £99; Wilsons Cement, 39s 9d. Business at this morning’s early call.—Australian Bank of Commerce, 35s 6d; Com. Bank of Australia, 295. * <= * Business at mid-day.—On 'Change: Waihi Mining, 13s 3d (two parcels), 13s 2d (three parcels); N.Z. Insurance, 475: Kuala Kampar Tins, 15s; Renown Coal, 17s 3d. Reported: National Insurance, 16s 3d; Queensland Insurance, 68s 6d.