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ON 'CHANGE.

another set-back,

markets generally weaker. INSURANCES MASKED DOWN. l. improved tone on the AnckJand btock Lxchange gave plae*' this morning to general weakness. Government securities were active on an easier market and in other sections business was almost at a standstill. Australian industrials lacked buying support, the only sale in this class being the transfer of a pareel'of Broken Hill Proprietary at a drop':.of '9d. Electrolytic" ".mcs were quoted-lower., the '■ -:liuavv snares closing between- £1 18/ t*2 0/6. and the preferences between / and £2 3/9. Mount Lyells and G. J. Coles were also affected by the general weakness of the market.

Tn the ; minings .Broken Hill Souths and Norths had lower sellers atrial 10/G to £2 5/ respectively., buyers dropping out. Marthas showed no reaction to the dividend announcement,

shares were marked" down, Xew Zealands being quoted from £2 14/ to £2 15/, and South British having unsupported sellers at £2 5/0. Banks were virtually unchanged, though New Zealands looked a little firmer between i' 2 1/10 and £2 2/3. ...

SALES COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— •' " r '\. Laot Solo. f'S. .(1 £ S (1 Roller Mills ... 0 111 <> .. 0 10 0 New River 0 0. .ft — AT THE 9.3D A.M. CALL TOtDAY— Broken Ilill l'ty 215 (i .. 2 ifi ?> Wilsons Cement OIT '< 0 1(1 0 Mt,,Morgan .... 010 9A.. 010 11 Bonds. 15/4/10-19 ....... : 4 p.c 105, o 0 .... 101 0 0 Rural Bonds, 15/9/47, 4 p.c. fox lilt.) 100 0 0 .. 102 0 0 Stock, 15/4/46-49 4 p.c 100 15 0 .. 10i ' 0 0 Stock, 10/6/52 55 4 p.c 100 2 6 .. 100 '2 ' 6 UNLISTED. Clayton,. Arnold 1. .0. ,0 .... —. .. . AFTEK the call. Woolwortli (Syd) 1 0 3 .. 0,19 9 LONDON QUOTATIONS. (Received 1 p.m.) LOXDOX, September 16. Mining shares are quoted as; follows:— Olutha, buyers 1/6, sellers .1/9;. Jlolyneux Hirer, buyers 7%d,sellers 9il; vW 'Jv<;

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19380917.2.28.1

Bibliographic details

Auckland Star, Volume LXIX, Issue 220, 17 September 1938, Page 8

Word Count
309

ON 'CHANGE. Auckland Star, Volume LXIX, Issue 220, 17 September 1938, Page 8

ON 'CHANGE. Auckland Star, Volume LXIX, Issue 220, 17 September 1938, Page 8