Limited Trading

Sun (Auckland), Volume IV, Issue 1012, 1 July 1930, Page 13

Limited Trading

Market on ’Change

Call

The marker on ruauge is c business being recorded, until after the half-yearly ban export season, little no the xva; circles can be expected. Dr : rft movements, shown by a nmoarison of sales over 'the past with the price at the time of the last recorded Auckland e-ale, incM« : ~ . , , National Bank of Australasia, f *n.nk of New Zealand, fall of 2d. Colonial Sugar fal, of s 6d South British Insurance, fall of Gas, rise of Sd. * * * business on Auckland Market Transactions on Atickland market over the past 24 hours have “yesterday afternoon: —Waihi MinJ Ite Od: English. Scottish and Ausmfiian Bank, £«; National Bank of Australasia, £7 4s: Bank et New Zealand 57s 10d: Pukemiro Loal. 665; Kerown Coal, 15s: Northern Steam. 14s 6dTColonial Sugar, £42 2s Gd; Mount 1 v ’pll 26s 3d. At this morning's early call:—Bank of New Zealand. 57s lOd; Mount Lyell <r At' 'midday.— Bunk of New Zealand. 67s lOd: South British Insurance. 59s ■U- Renown Collieries (new issue), 2s Sd; Grey Valley Collieries, 245: New Zealand Breweries, 31s; Auckland Gas, •'sa 6d; Newton King (pi’ef.), 11s 9d; \Valhi Mining, 14s fid (two parcels). Market at Midday Quite a heavy list of business was put through from the early call this jnorning up till midday on a rather erratic market. Bank of New Zealands continue

uiet with comparatively little It seems that from now on k balance and start of the new ■ of a boom in Stock Kxehange ' | .weak, and several sales have been re- j corded at yesterday’s lower < price. ! j The insurance group has a decidedly j ! Coals show the greatest activity for j I several months, the Arapuni trouble i ! bringing about quite a firm demand I J for shares in Waikato companies. The miscellaneous group is quiet, ! and showing little movement. Colonial j Sugars are decidedly easier. New Zea- j | land Farmers’ Fertilisers are vei l I firm, with buyers offering 20s 6d. I Waihi Mining scrip moved up a fur- j ther 4d yesterday afternoon to sec sales at 14s 9d. but the market eased | tins morning and several hundred ! shares changed hands at 14s 6d; buyers dropped quotations to 14s 4d at midday. * * + Mining News Mine managers report us follow: Moanataiari. —During the week the No. 2 reef north was advanced two feet to a total of 1? feet. The reef maintains its size, and is carrying a little blende and iron pyrites. The drive on No. 1 reef south is now 14 feet from the chamber. The reef is getting more compact, and a change of country is coining in. The reef has got very little underlie, and has a A ery promising appearance for making values. Tui.—During the week the rise on No. 2 reef was carried a total distance of 33 feet from the back of the drive. The reef is three feet wide, and is still carrying nice minerals. There is a band of pug on the footwall of the reef about nine inches wide, and the dropper should be at hand at any time.