ON 'CHANGE.

Auckland Star, Volume LXX, Issue 28, 3 February 1939, Page 4

ON 'CHANGE.

I i^-E &G ANT ED v '•;. : ;BreHEST LEVEL THIS YEAR. AUSTR ALI A SH*A RES ERRATIC.-! A further rise in offers Jor Government! securities was./, tbe''/mainlTleature of: the; morning call oh!T the Auckland Stock Exchange. The- 4 per -.cent 1952-55 issues of botli' bonds arid stock had buyers at £99; 5/,' .'the' highest level of. the year, and no sellers on the market. Several other issues also had -better .bids. Australian • industrials were erratic and although offers of £3 IS/ for G; J. Coles and •'•£ 1 3/ for 1.C.1, preferences showed .an improvement oil: yesterday's quotations, British Tobaccos, Broken Hill Proprietary and Electrolytic Zincs were all slightly easier-.- - —•> In-the bank section Xew Zealands improved 2d to' sell, at ,"£1 IS/C, closing .firm*;on;;thc advance. - Buyers raised their offers-to £o .4/ for-English and Scottish, ;and;'to;;£9 10/ for Commercial preference shares.—lnsurances were,steady. . Local industrials showed little change beyjo'nd a slight reduction in sellers' limits lor Auckland Gas to 18/8 for the fully-paid and 12/9 for the contributing shares. • At : the noon call Government stocks were still in keen demand and after the 49-52's had been t ansferred 5/ higher at £99 "5/, sellers dropped out not only. for that issue but also for the -40-49, which had beeii on offer earlier at 10/ above par. Australian industrials'were erratic* but'jn several instances sellers raised /their reserves. In the banking section English and Scottish were quoted lower between £5 and £5 7/0/ and New Zealands had quotations from 3S/4.t0 38/9.

SALES • COMPLETED. AT THE 3.15 P.M. CALL YESTERDAY— -' ■ Last sal o. V .y.il••• f- s d . £ s (1 ; Milne. &•. CIioy.ee' - ;i . <deb. stock) 0 34 0 . . . O 14 O. Taranaki Oil 0 ' 7-' 2-" O 7 3 Woolwortli (Syd) 1 "2. 4 1 2 0 UNLISTED. A/. . Elee. Products . 0 13 0 /. — Late Sales. Kauri Timber . 13 0.. 1 .3 0 Bank X.S.W.. .. 30 15 0 .. 30 13 0 Stock,' 15/5/49-52 , ■i P.c 09 2 6 .. 99 0 0 AT THE 10 A.M. CALL TO-DAY— Bank of X.Z. .. 118 6 ;. 1 18 4 Kauri Timber . 1 2 9 9., 1 3 0 Colonial . 47 15 0 .. 47 15 0 .Emperor Mine 0 10 0 .. 0 9 9 Emperor-Mine . .0 10 1 .. 0 10 0 Mt. Kasi ...... 0 4 3 .. 0 4 9 AT THE 12.15 P.M. CALL TO-DAY— Broken Hill Pty 2 17 6 .. 2 17 9 Elect. Zinc .... 260.. ° 7 :} Elect. Zinc (pf) 2 10 0 .. 2 9 0 \Yoolwortb (Syd) 125.. 1 *> 4 Stock, 15/5/49-32 * » c 99 5 0 .. 00 0 0 AUSTRALIAN EXCHANGES. TO-DAY IN SYDNEY. ' I (Received 1.45 p.m.) SYDNEY, this day. Morning sales -on . the" Sydney• Stock Exchange were:— >'/.• ''7 ' Commonwealth Bonds— s d ~ 4 per cent, A941 ....... 101*15 0* r '- 4 per cent,.T944 102 10 >-0 4 per cent; 1950 104 0 0" 4 per cent, 1953 ... 103 1-3 4 per cent, 1961 ..... 104 10 0 Bank of Xew Zealand .... 1 1G 6 Commercial Bank 0 15 6 Tooheys Brewery 1 11 3 Tooths Breweries ....... 2 13 V British Tobacco .2 6 9 Broken Hill Proprietarv .. - 2 15' 9 - Felt and Textiles 1 11 fi ■:)*. Huddart Parker 2 10 0 :■ - 7 ■ : "" • I YESTERDAY'S BUSINESS. 5 :-Vy v.- -- ' SYDNEY, February 2.v Stoek-Exchange was nuieii brl Snt?r tp:(laj:,. than, it lias ■been for many, weeks. ; iThe % volume of - trading greath* tending higher: Sales-included:— - i, . V'.rV. .-..V- • £ s d of ;-Xew ; 'South -Wales "fi.29 19 o HowardSml Ui ....... n 111- O Hudd art-Parker. .'.2 • 9 *• 0 - Tooheys Brewery'". 1 ."..;'.. *- i n; q ' Anthony- Horderir ............ o 14 V6 ' Associated Xewspapers- ...... l 0'- (>"" fprcf;') . 13 3 - Australian ; Gypsum 1' 10' Australian Glass .' 5 5' 6 Ausfc Paper. «Mnrfs;.v (pref.) ... 1 4 -.' 75 Broken Hill ....... 2 15 3 Burns/'Philp ;(X.Z. delivery) .. .2 .11 : 0 . Cash -I Ofd er s 0 15 3 1 Colonial;Susar . 46 0 0 Dunlop-Perdiau .J. . 1 0 G" Fairymeiid vSugiir .1 ioV-«) General- Industries* '. i v.'. 0 IS 3 ~ Hosiery 7X1......... 0 19 3 ' Mark .Foy .. ...'. ; . V.'ivvV..... 0 IS 0 Morts . Dock . ............... . .0 14 0 Millaquih Siigar'T.V.' 1 19" 0 Peters 2 12 - 9 Sargents 1 7 0 (X-.Z. delivery) .... ... . • 1 g 0 United-'-.Provisions ". 0 7 2 Woolworths (Syd.) (X.Z. del.) 12 0 W. Atkins 1 3 0 Arakura Gold 1 S 6 Kanieri Gold 1 14 G ■ Emperor .. V... .0 9- 3f. I/oloina V.........v. .0 .19 -9Mount..Morgan 4 0.10 •'3\. Xorth-1 Broken; Hill. .. . . . ,2 5. r 0"»' Business on the/Melbourne imarket included:— £ s d• . Adelaide Stenm ..... IV;..... 4 l 11. '6' : Howard . Smith 0 IS 10 Carlton Brewery ....' . 3 4 0 ' British ".Tobacco; r: 2 G ' 9 Drug. Houses .1 2 Q ... El.ectroIj*tic Zinc . 2 5-- 9 (pref.)' . . , : . ; .'i... 2 $/' 3 G:' J: Coles I .".... 3 15 * 0 Herald. arid 7 . Times ... ; .•. 2 18 0 Emperor «v.-r-. 5 .v- ...*?• • 0 9 3 L.oloma • 9 10.. I) • -Mount Lyell-* >.• v-.. .\ . 1. 5 1) ..:;:V 0 10 '4BUS 1 NESS IN. NEW-YORK. . (Received 1 p.m.) , - - NEW YORK, this day. ■ -Theudax'svturnover on the New York Stock.Exchange;totalled 700,000 shares. OVERSEAS MARKETS. ; PRICES;.OF METALS. . -- February 2. r -.FollOT-Ing afA ioHliy's quotations on "the ; : metaV-'markeir, '."eisinijarecl ivitli those on February 1:— . .... ' . •- f'-rlon. Per ton. ' ,J. c 1 Feb. 2. • C6pperg;8t^J.JsDo't^42'vio-iot'S4 : > is' d ii Copper.--.stan., '-3 - " i , . . • montjs;^; 3 0' . Copper,„.electro. 48 u o- 4S 0 0 : to;'- to: ■ ■ '-' i;;, ". v....; JO.. 0 ...!•) 0 0.'. .; Copper,^^c./«.wlr^^-.v%**:>-' i; .:---J-v.r.- - . ,. ;v bars .. 4!l r, 0 • 40 0 • 0- ' i;ead,"soft, -spot . 14 3 u. s- "7} I/ead,: soft, forward 14 14 4J 14 10 71 Spelter, spot ... .3 13 15 13 11 10J Spelter, forward . 13 IS 41 13 10 lui . Tin, Stan., spot .. 210 2 ■ 0. 213 7 0 Tin, Stan., 3 mos. 214 17 0 214 7 0 . Silver, Stan., .02. 10 13-16(1 19 13-lBd Silver, fine, oz. 21Jd 2.1jd