ON 'CHANGE.

Auckland Star, Volume LXIX, Issue 98, 28 April 1938, Page 4

ON 'CHANGE.

QUIET, BUT STEADY. AUSTRALIANS' EASIER TONE. At the first call tlii.-. morning a moderate li-t of Fairs was reported, and fresh bid- j ■ JUS was fairly steady without additinnall .-.;! Os in the iiium. In the banking section | lh'' two most |K>]itiliir lines, New Zealands i and t unimci tiais, were steady, the former! with .1 market between L' 23, li 1£24 .j .iiid the latlev with sale an.l huxers at I I*i 1. Nationals looked easier, and sellers: al -C 2 1.1, had nn lOsponsc ii em buyers. | The insurance section was quiet, but I Nationals gained a penny uilli business at 17 in. South British were again oil otl'cr lit C 2 I 3, with bu.wis 3d below. (Ins shares had fresh business at the in w low level ot 10 li, after which buyers w ithdrew. There was a little more interest in brewery shares, both Dominions and Xcw '/.< alands recording slight, advances. Yesterday's improved inquiry for Electrolytic Zincs was onlj oartially maintained. The preferences v.. 'e asked for at £2 ;1 fi, but there were no buyers for the ordinaries. Broken Hill Proprietary. Mount Lyells and Mount Morgan* were all marked down, but Morts Hock, in the first sale since January, showed at 11;' a lise of Od. Farmers' Trading shares were slightly easier, with a market between £1 and £1 0/4. Bank Shares Active. The market was inactive at the noon call, except for the banking and insurance sections. Among these two classes the only chances were a rise of Od in Commercial preferences and a drop of Sd in Nationals of New Zealand. A big parcel of South British sold unchanged. In the miscellaneous and other sections there were very few changes in quotations. Mount Mbrgan preference shares were minted for the first time on the basis of 8/ paid, between 0/ and 9/8. SALES COMPLETED. AT THE 3.16 P.M. CALL YESTERDAY— Last Sale. fed £ s (1 Com. Bank .... O l(i 4 .. O IP. 1 Rank of N.Z. .. 2 .! 9 .. 2 :: !• South British . 2 4 3.. 2 4 3 Aust. ("Mass ... 4 It 0 .. 4 112 N.Z. Taper Mills 14 9.. 1 ti 6 Stock, Nov., 38.12. :U p.e 103 7 C ..103 7 6 Stock. 1.1/2/43-46 4 p.c 102 0 0 .. 102 0 0 UNLISTED. Farm. Freezing . 110.. 110 AT THE 10 A.M. CALL TO-DAY— Com. Bank O IB 4 .. OK 4 Nat. Insurance 0 17 10 .. 0 17 <J Trad. Finance (cont.l 0 4 7.. 047 Auckland Gas . 010 fi .. 010 6 Dora. Breweries 1 17 5 .. 1 17 M N.Z. Breweries . 2 4 1!.. 2 4 0 Morts Dock 011 0 .. 010 3 AT THE 12.16 P.M. CALL TO-DAY— Com. Bank, prf 910 6 .. 910 0 Nat. Bank 2 14 4 .. 2 15 0 Bank of N.Z. .. 2 3 0.. 230 N.Z. Insurance . 2 19 0 .. 2 19 0 South British . 2 4 3.. 243 N.Z. Breweries . 2 4 3.. 2 4. 3 Farm. Trading . 10 3.. 105 LONDON QUOTATIONS. (Received „11 a.m.) LONDON, April 27. Clutha River Company, buyers 1/9, sellers 2/; Molyneux River Company, buyers 1/, sellers 1/3.