ON 'CHANGE.

Auckland Star, Volume LXIX, Issue 141, 17 June 1938, Page 4

ON 'CHANGE.

BIGGER TURNOVER. [' I OIL SHARES ACTIVE. ALSO WOOLWORTHS RIGHTS. Since noon yesterday there lias been a marketl increase in turnover, but activity has been centred mainly on a few speculative l : nes, ami the general market tone l:as not improved. At this morning's call T.uanaki Oils were apain in keen demand, ; sales being made at 14/3 and 14,4, with a later market between 14,2 and 14/4. Mot ui ca Oils had buyers at 6/1, with BtHei!- asking 2d higher. ' Bidding for Woolwerths property lights was particularly brisk, and a dozen parcels were placed with fluctuations from 3 8 to 3.9, then back to 3/7. The banking section was quiet, with buyers for New Zealands stopping at £2 3,', and in the insurance section the only inquiry was for Xew Zealands at £2 IT/. P. and O. deferred stock was again on offer at £ 1 7/, and a buyer came in at £1 5/. Breweries continued dull, the only buyer being for Tooth's at £2 12 6. Dominions were on offer at £1 17/. Australian issues generally were dull, but Mount Morgans improved, with business in the ordinaries at 8/4 and 8/5 and in the preferences si- 13/4. Slow; Down at Noon. Business slowed down at the noon call, and the general trend of the market was weaker. Australians were most affected. Electrolytic Zincs and Colonial Sugars sold at slightly reduced figures, while Broken Hill Proprietary slipped further and closed between £2 16/6 and £2 17/9. Kauri Timbers were an exception, selling ex dividend at £1 0/8, -with more buyers at the same figure. Oil shares were a little easier, Taranakis coming close to business with a market from 13/11 to 14/. Moturoas scrtd a penny down. LONDON QUOTATIONS. (Received 11 a.m.) LOXTXXK', June 16. Cflutha River Company, buyers 1/7%. sellers- 1/10%; Molyneux River Companj, buyers 1/1%, sellers 1/4%. SAXES COBtPXETED. AT THE 3.18 P.*. CALL YESTIRDAY— Last Safe. * • d fed X.Z. Insurance . 217 3 .. 218 0 Auckland Gas . 10 6.. 1 O 6 Klect. Zinc (prf) 2 0 6.. 210 Farm. Trading . 110.. 113 N.Z. Newspapers 115 3 .. 115 9 X.Z. Paper MiUs 1 O 4} ~ — Taranaki Oil .. 014 3 .. 014 3 Taranaki Oil .. 0 14 2 .. 014 3 "Wool worth (Syd.) 10 6.. 106 Woolworth (rts) (2) 0 3 8} .. O 3 8} Woolworth (rtsl 0 3 9.. O 3 8* Stock, 15/6/52-55 4 p.c. (ex int.> 102 O O .. 104 O 0 Mt. Eden, 33-38 104 5 0 .. 104 5 0 AT THE 1O A.H. CALL TO-DAY— Colonial Sugar . 47 7 6 .. 47 8 9 Hill & Plummer 019 O .. 019 O Taranaki OU .. 014 3 .. 014 2 Taranaki Oil (4) 014 4 .. 014 3 Woolworth (rts) (2) 0 3 8.. 039 "Woolworth (rts) (2> o 3 W & -. ess, Woolworth (rts) * (5) 0 3 8.. 039 ■ Woolworth (f ts> (3) -.. O 3 7 .. O 3 8 Mt. Morgan (3) 0 8 4.. 081 Mt. Morgan 0 8 5.. 084 Mt. Morgan (prf) 013 4 .. 013 0 AT THE 12.18 P.M. CALL TO-DAY— Auckland Gas . 10 6.. 106 Colonial Sugar . 47 5 O .. 47 7 6 Elect. Zinc (prf) 2 0 2.. 2 O 6 Elect. Zinc (prf) 2 O O .. 2 O 2 Moturoa Oil ... 0 6 2.. O 6 O Moturoa OU (2) 0 6 1.. 062 Kauri Timber (ex dIT.) 108.. 110