The share market opened unexpectedly firm to-day, most shares 34] with few exceptions standing about one per cent, higher than yesterday. This was subsequently accounted for by the fact that the successful disposal of the end of month settlement set free funds which immediately sought investment, The execution of the first orders left the market very short of material so that prices hardened all round. Both public and operators were among the buyers. AEG. were firmer after yesterday's board meeting at which a satisfactory state of the company's business was reported. Electrics, automobile works, celluloses, dye trusts and minings all improved.
In fixed interest securities Reichs Loan and Young Loan were all firmer, state loans were quiet, gold mortgage bonds scarce, communal. lggns weaker, industrial bonds (y demanded. Dye Trust bonds rose % to 130, Harpeners advanced 14 to 12532, AEG, rose % to 103%.
Callmoney stood at 31& to 33$ per cent—Trans-Ocean.
Text read from the printed page and cleaned; old type leaves the occasional error.