ON 'CHANGE.

Auckland Star, Volume LXIX, Issue 224, 22 September 1938, Page 8

ON 'CHANGE.

I SLOWS Ltm AGAIN. HARBOUR BOARD LOANS CHEAPER Following a busier *V yesterday the Mock Exchange opened quietly thk morning and only a few sales were finaJMgd at tin, first all and these reflected «v< generally weak tone f>f the market. Biddinn was particularly slack' in the. fust, three sections, namely banks, insur«nr"H, and loan an-1 agency. Bank of Xew /.c.ilands were fairly steady, with l.uv-ix •it 42 I i... sellers, while New Zealand Insurances sold ti,| |„ wr r at. .Vl' and a Ifii.ver canie in for South British at 4.'1/. Bcccnt weakness in local ho Iv debontin rs W.IK stiikingl.v exemplified i„ the rune ol Ihe Auckland Harbour Board 4Vi'« l!» J Mil. which chanted hands atfloO I."', rninpareil with KUm in duly, just liefote the hall-year's dividend was paid. Allowing for interest adjustments this shows a drop ol approximately £3 17 8. In Government stneks there was a better demand at the low rates recently ruling, but there were no often, for .->3-.->7 3'Vs, which were avail il.le at £04. Australian industrials looked a little easier. Improvement at Noon. Biddiicr iuiprnveil at the noon call. Austr.ilian industrials showing a sliirht advance, while hanks and Government stocks were <|untcd tinner. A sharp rise in Klectrolytic Zincs wai» mam feature, the preference shares moving up 2/ to a sale at £2 ;V, with rinsing quotations firm on that titture. Broken Hill Proprietary were active, the sale price heiint above that indicated V. morning quotations, though a shade below j osterday's rate. In the mining Barrier shares showed a marked improvement and Mount Morgan preferences had their first local sale at £1 0 0. Bank of New Zealand* had better huven* at £2 2/2. with sellers 0d higher. nnd offers for Nationals were raised to £2 12/ without attracting a selling quotation. Holiday on Monday. The Exchange will observe next Monday, Dominion Day, as a holiday. ■AXJSS OOMPtKTKD.

AT TNI 0.10 PM. CALL YimilMV—' , Laat Saia. £ s « € a d Knurl Timber . 12 6.. 12 7 Aunt. GIar 4 11 O .. 4 12 0 Dam. Brewerle* 1 10 o .. 1 10 9 Rums, Phllp ... 2 10 0 .. — Ixinlop Perdrlau 10 6.. 109 McKenalea .100.. 3 50 VToolworth (Syil) 10 8.. 102 Woolworth HoldIns* 0 14 10 .'. 0 15 2 S, Broken Hill r 2 0 0.. 249 Stock. 13/8/32-55 4 h.c 100 O 0 .. 100 0 O Stork. March, 30-43, Jty p.c. . 98 7 6 .. OS 7 6 Stock, Nov., 3852, 3| p.c 100 0 0 .. 100 0 0 AT TNI 10 A.M. CALL TO-DAY-S'.Z. Inntirnnce . 2 14 « _ 2 IS 0 I>om. Breweries (new Inne, folly pnld) ,.. 10 0.. — SFMufc; xzo - 14 • J/7/49 ....... 100 15 O .. 108 O 0 AT 10.10 ••.01. CALL TO-DAY-— Broken Hill Pty. 2 15 « ., 2 15 lO Brnkcajllll f ty, a W A ,! 2A»> ft KTect. Zlne (prn. 2 5.0 .. 3- 3 0 ::s h; LO*#0« OU4*TAT10N0. J ■' (Brltif.li ©fflclai Wlreleaa.) :' ™ * (Becelyed 11 a.m.) ' RUGBY,. September 21. British war loan 3H per cent ia Quoted at £100 10/, compared with £100 15/ yesterday and £99 17/6 on Monday. Clutha Dredging", bujroa 1/0, eellera 1/9; Molyneux, 7Kd, 10%d.