ON 'CHANGE.

Auckland Star, Volume LXIX, Issue 142, 18 June 1938, Page 4

ON 'CHANGE.

MORE ACTIVITY. j BUT VALUES WEAKER. AUSTRALIANS DECLINE. Activity on the Stock Exchange has increased since last report, a heavy turnover being i ( corded late yesterday ami this morning. The markets are still weak, however. Business at the morning call was mostly in Australian securities. Broken Hill JL'roprietai \ slipped to sales at £2 1(5 0, while Colonial Sugar lost another 2'(>. firming round the sale price of £47. The Woolworths group was fairly active and unchanged. Lack of buying support for British Tobaccos ami Electrolytic Zinc pace a fair indication of the weakness in Australians. Oil shares continued to fall, Taranakis losing another 6d to sell at 13 (5. with more' Fellers at the same figure. Buyers offered 3d less. Motnroas were active at 6/. Tiie rise in National £.;:iks was reflected in a late sale yesterday at £2 15'. showing ar. advance of 3/ over the past fortnight. Other bank shares were little altered, though New Zealands had firmer buyers at £2 3 3 and sellers 3d higher. In the Government section there were more buyers on the market, but little change in quotations. SALES COMPLETED. AT THE 3.1 B P.M. CALL YESTERDAY— Lilt sate. £td £ s d National Bank . 215 0 .. 212 0 Bank of N.S.W. iex div ) 31 10 0 .. 31 15 0 N.Z. Insurance . 217 3 .. 217 3 Northern Steam O 4 4 0 4 4 Colonial Sugar 47 2 6 .. 47 5 o Elect. Zine (prf) 2 O O .. 2 0 0 Moturoa Oil 0 6 0.. 0 6 2 Moturoa Oil ... O 6 1 .. 0 6 0 Taranaki Oil (2) 0 14 0 .. 0 14 4 Wilsons Cement (ex div.i 0 16 4* .. 0 lfi 0 Wilsons Cement 0 16 4 .. 0 16 44 Woolworth Prop. trts/> 0 3 8 .. 0 3 7 Mt. Morgan .... 0* 8 6 0 S 5 Bonds 15/4/46-49 4 p.c 102 10 0 ..103 0 0 Citv of Auckland 1/1/44-57 103 10 0 .. 103 5 0 Mt. Lyell 12 7.. 129 AT THE 8.30 A.M. CALL TO-DAY— Broken Hill Pty. 217 0 .. 218 3 Broken Hill Pty. (2) 216 9 .. 216 9 Colonial Sugar . 47 0 0 .. 47 2 6 Woolworth (Syd) 106.. 10b Woolworth Trop. „ „ (rts.) ......... O 3 8 • • 0 3 8 Taranaki Oil .. 013 6 014 0 Moturoa Oil (2) 0 6 0.. 0 J J Jit. Morgan — 0 8 6.. 0 Sb Ak. Har. Board, 9/7/57 106 10 0 .. 106 10 0 AFTER THE CALL. Bank of N.Z. .. 2 3 7 .. 2 3 6