ON 'CHANGE.

Auckland Star, Volume LXIX, Issue 139, 15 June 1938, Page 4

ON 'CHANGE.

BANK SHARES FIRM. RISE IN NATIONALS. OILS ACTIVE AT 15/. After the busiest call for some weeks yesterday afternoon the Auckland Stock Exchange was quiet and almost featureless this morning. iaianaki Oil shares, after increasing their value by a third in three days, were active at yesterday's closing price of 15,. Moturoas, also traded freely, were a shade easier at 5,0. Seven out of the nine sales recorded at the morning call were in oil shares. Lack of support for Australian industrials resulted in lower quotations for Broken Hill Proprietary, British Tobacco and Australian Glass. The market for Mount Lyells was also a fraction easier between £ 1 2 7 and £ 1 2. 9. In the banking section Nationals continued to rise, buyers moving up sharply to £2 14, 9, and sellers asking 9d more. Nationals of Australasia, with buyers for the contributing shares at £6 9 .'and K., S. and A.'s with offers of £4 14 6. were both stronger. New Zealands remained steady. Dullness persisted in the gilt-edged section, New Zealand Government 1946-49 stock having weaker sellers at £102 15/ without buying support. The 1952-55 issue was quoted ex interest between £101 15/ and £102 10/. Quiet at Noon. Inclement weather and trade dullness probably accounted for a small attendance at the noon call. The market showed little animation. Interest persisted in oil shares, but there was a slightly easier trend, Taranakis dropping back 2d, to 14/10, with a later market Id either side ot that figure. New Zealand Insurances were offered 3d lower, at £2 17 9. Martha Mine shares showed further weakness, an offer to sell at 11/6 bringing i*> buying response. Wilsons Cements were quoted ex dividend, with a market between 16/3 and 16/6. SALES COMPLETED. *• THt 3.15 P.M. CALL YESTERDAY— Last Safe. fad £ s d Nat. Timber ... O S O .. 080 div.) 015 O .. O lt> ) G. J. Coles .... 4 19.. 420 Moturoa Oil ... OS".. O 5 S N.Z. Newspapers 115 ft .. 118 0 Taranaki Oil .. 014 5 .. 0 14 It Taranakl Oil .. 014 6 .. 014 5 Taranaki Oil .. 013 « .. 015 o Woolworth (Syd) 10 7.. 107 ■\Voolworth Prop. (rts.) (2) 0 3 8 .. 0 3 8 Broken Hill S'th 16 0.. 176 Mt. Morgan 08 2.. 0 S4 Mt. Morgan 08 1.. 08 'J Stock, Nov., 3852, 34 p.c. ... 101 10 0 .. — Bonds 15/6/52 55 (8) 104 5 0 .. 104 10 0 Ak. Har. Board, 9/7/57 106 10 0 ..106 0 0 AT THE 10 A.M. CALL TO-DAY— G. J. Coles 419.. 419 Moturoa Oil 0 5 7 .. 0 5 7 Moturoa Oil (2) O 5 6 .. 0 5 7 Taranaki Oil (3) 015 0 .. 015 O Woolworth (rts) I) 3 8} .. 0 3 8 AT THE 12.1 B P.M. CALL TO-DAY— Farm. Trading. 113.. 113 Moturoa Oil . 0 5 7.. 0 5 6 Woolworth, rts. O 3 84 .. O 3 8J Taranaki Oil (4> 014 10 .. 015 0 Bonds 15/2/43-46 100 0 O .. 102 15 0 Mt. Eden 8.C., 1/10/58-63 ... 104 15 0 .. — LONDON QUOTATIONS. BANK SHARES AND DEBENTURES. (Received 11 a.m.) LONDON, June 14. On the London Stock Exchange quotations of bank 6hares and other corporation debentures and stocks compare with previous quotations ae follows: — May 31. June 14. £ s. d. £ s. d. Australasia 7 12 6 7 10 O E„ S. and A . 3 16 6 3 15 6 Union of Australia . 6 2 6 5 18 9 New South Wales .. 24 12 6 24 10 0 National of N.Z. ...2 0 0 2 1 6 N.Z. Shares 1 13 9 1 13 6 • British Tobacco 1 16 9 1 16 9 Goldsbrough, Mort .13 9 13 9 Dalgety 6 7 6 6 5 0 P. and O. deferred .10 6 110 N.Z. Loan and-Merc., 4 p.c. debenture .. 90 0 0 90 0 0 N.Z. Loan ancf Merc., ordinary 26 0 0 25 0 0 Mining shares.—Clutha River, buyers 3/7J, sellers 1/10} ; Molyneaux Hirer, buyers 1/11, sellers 1/41.