FINANCE & MARKETS

Sun (Auckland), Volume III, Issue 657, 8 May 1929, Page 10

FINANCE & MARKETS

Bank of N.S.W. in Demand

National of Australasia Firm A FAIR volume of business is being recorded and prices are veil maintained. National Bank of Australasia, both issues, are quietly firming with occasional sales. New South Wales are also keenly watched by investors; buyers are offering £sl 15s, but fail to attract sellers under £52

yC 7s 6d. Considerable attention is being drawn to the banking section and good average business is being written up. Commercial Bank of Australia remain firm with buyers 30s, sellers asking 20s 3d. In the Loan and Agency section. Abraham and Williams pref. have eager buyers at ?7s fid. Goldsbrough. Mort, and National Mortgage are also asked for. Loar and Mercantile, both issues, remain firm. Guarantee Corporation ord. have buyers at Ss Bd. • * * Auckland Gas shares are activ e and heavy business has been recorded as high as 24s 6d, leaving the market firm. Gisborne are asked for at 11s, sellers appearing 13s Gd. In the brewery section, Tnnes and Co. prof, have persistent buyers at 20s, but fail to attract sellers. New Zea-

i land are very firm, with buyers at 63s 9d, no sellers quoting. j Waihi scrip, cum dividend, is weak. Buyers have cased to 13s fid. sellers offering shares at. 13s 9d. Few shares are changing hands. Yesterday afternoons’ business—On ’Change: National Bank of Australasia. £l9 16s; Auckland Gas. £1 4s fid. Reported: Sanford (pref.). £ 1 0s 9d. New Zealand Government War Loan, 1933, 5i per cent.. £lOl 10s. Business at this morning's early call: On ’Change; Taranaki Oil Fields, 5s Sd; New Zealand Government War Loan, L 933, V per cent., £99 10s. Business at to-day’s mid-day call: On ’Change: Mount Lyell, £2 4s 9d: Auckland Eectric-Power Board, £IOO 17s fid. Reported: National Bank of Australasia, £l9 lfis; Pukemiro Collieries, £3 2s 6d.