ON 'CHANGE.

Auckland Star, Volume LXIX, Issue 300, 20 December 1938, Page 8

ON 'CHANGE.

LOCAL ISSUES WEAK.

DROP IN ROLLER MILLS. AUSTRALIANS STILL RISING. The nnpruvin.' trend in Australian securities was maintained on tli*? Auckland Stock F\i liat'.it'' this morning and there were iurtiicr otgns ot weakness in ioc.il issued. Xorthern Roller .Mills were quoted lower than for a 11»itir tune past. linish lei between Iti .1 L 17 huiiitt is Au.tioiieerum i share- at 11 . slowing ■' .ir<• j> «>f 1,6 .-inc. l last sale. a:ni Taran tki i >i! .■» hail a weaker market between L» 3 ami !0. 4. Anions Australian set unties. on the • ■tlier hand, British Tob.utos. Colonial Su-irs arid O. -J- Coles aii sol-i at mi* i>r<• v c.L rates and were later qis-»t»*»l Fit hi on tile advance. Au»tralian Glass had a i**tween £3 7. 6 an. 1 t'-"> S 6. Tlieie n.> fresh developments m tin 1 'o.mkm.: i>r insurance sections, the on v >u'e. vt f11• ■;i w.i.s m K.. S. and A. iiank-. being in accordance with late quotations, though I, U below the plicc at last sale in November. (ioverrunent securities were quoted about yesterday's levels. Quiet at Noon. Business w.y not brisk at the noon rail, but a moderate turnovi r was recorded. Electrolytic Zinc pi eferetires in their_ first sale since Decer.iber 7, showed at oO a ruse ot" 1. 9. while per cent bonds had "heir tir.it sale sin if May. chancing lianrLs £»>' lower at £97. In fresh biddine. metal shares looked slightly easier than at the first call. 1.C.1, preference shares had a tiria market between 23/6 and 24/tt. Christmas GrMtinvs. | Christmas greetings were received from j the ex-chairman, Mr. J. W. Frater, in a card from Calcutta. i?iTin« a photographic reproduction of the Royal Golf Club s pavilion in that city and iUs picturesque I sorroundinss. COMPLETED.

LONDON QUOTATIONS. (Received 12.30 p.m.) LOX DON, December 19. Mining share fjnotation*: CTlutha River, buyers 1 3, sellers 1/6; Molyneux River, buyers 6d, sellers 9d. NEW YORK BUSY. (Received 11 tjff.) LONDON, December 19. Stock Exchange turnover yesterday totalled 1,100,000 shares. j

-T THI JM» PA C«U TUIHMT— Uat Ml*. £ a d £ a d National Bank . 1 !» 2 •• 7 1 !i ? Kauri Timber .. 12 7 — }~ ! Iron, Steel (prf) 19 0.. 1 « J> 1 Farm. Trading . t> 19 « 0 18 9 Taranaki OU .. 0 IO « .. « IO .j Mt. Morgan ... 0 10 O .. 0 9 7 Stuck, 15/2/43-W 4 p.C. ... 96 5 0 .. 96 10 0 Comm. Bonds. 13/0/44 o 0 .. — AT TMB 1* JUL CALL TO-OAT— B.S. & A. Bank 5 10 O .. 5 11 6 Farm. Auct t£l> O 11 O 0 12 # British Tobacco 2 ID 9 - 1® •"* Colonial Sugar . 48 30 .. 48 O© G. J. Coles 4 20.. * 1 « Woolworth (3yd) ISO.. 120 Mt LcreU (ex firJ 19 3.. 10 9 Stock. 15/5/40-33 __ » 4 px. 97 0 0 .. 9» O 0 AT IMt 111> pj»- CAU. TO-OAT— Broken Hill PtJ 2 18 O .. 2 18 3 Elect. Zinc (prf) 2 IO 0 .. 2 & 5 Woolworth HoldInn O-IS 2) .. 0 13 « Dom. Breweries 1 10 3 .. 1 10 7J Bonds. 15/11/3541, 31 p.c 97 O O .. 101 10 0