LATE COMMERCIAL

Wairarapa Times-Age, 1 July 1939, Page 8

LATE COMMERCIAL

STOCKS & SHARES AUCKLAND (By Telegraph—Press Association.) AUCKLAND. This Day. Stock Exchange sales, morning call: Wilson’s Cement Co., 17s 3d; Mount Morgan, 10s. Late sales reported: Bank of New South Wales, Sydney, reg., £3O 15s; Kaitangata Coal Co., £1 8s; Auckland Gas Co., 17s; Woolworths, Victoria (pref), £1 10s.

WELLINGTON WELLINGTON, This Day. Stock Exchange sales: —3£ per cent Stock, September, 1939-43, £9B 12s 6d (2); E.'S. and A. Bank, £5; Christchurch Gas Co., £1 5s 6d; Consolidated Brick Co., 9s 6d; Union Bank, £7 18s 6d. CHRISTCHURCH CHRISTCHURCH, This Day. Stock Exchange sales: Bank of NewZealand. £1 18s 9d; Broken Hill Proprietary, £3 4s 3d; G. J. Coles (rights), £2 10s; Mount Morgan, 9s lOd (2). DUNEDIN DUNEDIN, This Day. Stock ' Exchange sale: Kaitangata Coal Co, £1 Bs. STOCKS IN LONDON FURTHER DEPRESSION OF MARKET. (Received This Day, 11.5 a.m.) LONDON, June 30. A series of warning speeches by statesmen, combined with rumours of an early Danzig coup and a generally tenser atmosphere, further depressed the stock markets. The turnover has long been so small that a number of Stock Exchange firms are discussing amalgamation. Gilt-edged stocks reacted on the failure of the London County Council loan. The Australian loan is now at a discount of over £3. German bonds were sharply marked down. Chinese bonds also are easier though Japanese arc more resistant. Sugar alone moved up in the stagnant commodity markets.