ON 'CHANGE.

Auckland Star, Volume LXIX, Issue 212, 8 September 1938, Page 8

ON 'CHANGE.

A DULL MARKET.

ONLY ONE EARLY SALE,

Dullness persists on the Auckland Stock Lxchan«e and at the first call this morning only one sale was recorded, thi* being of Mount Lyells at 27/, a drop of , A moderate dema'r.- was in evidence, but there was little life in the bidding, and changes in quotations usually favoured buyer*.

The hanking section had little variation, but in insurances buyers for New Zealands moved up to 56/ ( with sellers 6d away. In the conl division Renowns were offered 3d lower at 9/6, buyers steady at Buj erg fnr Now Zealand Breweries were 6.1 down at 30/6, sellers asking 41/. Auckland Gas and Farmers' Trading were steady. Australian issues were generally weaker. Broken Hill Proprietary wrre on offer at Jjfi.O. willi no buyers, and G. J. Coles had a market between 77/ and 79/. In Government stocks buyers for 46-49's moved up to £100 17/6, and for March, 39-43's, to £100 5/, otherwise the section was unchanged. Business at Standstill. Business came to a standstill at the noon call and only two sajes were reported, Bank of New Zealands changing hands at £2 2/, unaltered, and Mount Morgans showing a penny rise at 10/11. Buyers came in at £2 1.3/9 for Broken Hill Proprietary. £2 6/ for British Tobaccos, and £46 15/ for Colonial Sugars, well below yesterday's offers in each case. G. J. Coles carna closer to business at the reduced level, with quotations from £3 18/ to £3 18/9. Banking, mining and other classified sections were practically unchanged. SALES COMPLETED. AT THK 3.15 P.M. CALL YESTERDAY— Last Mai*. • Broken FTil] Ptv. 210 6 .. 'J 17 -2 Broken Hill l'ty (cont.) 1 18 8 .. 2 0 0 Colonial Sugar . 47 2 6 .. 47 5 o <;. j. Coles .... :|IS :< .. 3 19 o Hume IMpe (Aus) 010 10 .. 1 O O Stork, Nov., 3802, 31 p.c. ... 100 10 0 .. 100 12 6 AT THS 10 A.IS. CALL TO-DAY— Mt. Lyell . 1 T* 0 172 AT THB 12.18 P.M. CALL TO-DAY— Bank of. N.Z. .. 2 2 0.. 2 20 Mt. Morgan #l#ll .. 01010 j LONDON QUOTATIONS. (Sacetred 11.30 a.m.) LONDON, September 7. War loan, 3Mb per cent, £101 16/3. Clutha Dredging, buyers 1/7V4, sellers 1/10%; Molyneux, buyers 7%d, sellers 10% d. ' I Mount Lyell, £1 0/3%; Bulolo Dredging, £& 15/714. ,■