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SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. MORE SALES PUT THROUGH. PERPETUAL FORESTS DECLINE. (By Telegraph.—Special to "Star.") CHRISTCHURCH, this day. A much-improved volume of sales was put through oil Exchange this morning, when a wide range of business covered most sections. A notable feature was the appearance on the sales list for the first time in several months of Perpetual Forests shares, the price showing a substantial reduction to £2 12/3 in the interim. Another feature was the first lociU business in Coles rights to the new issue, these bringing £1 15/6, with further sellers offering at that figure. An odd parcel of Huddart, Parkers sold cheaper, at £1 14/6. with more wanted at the same price. Canterbury Frozen Meats improved by 5/6 since last week. Breweries eased. New Zealands and Tooth's were on offer at £2 11/10 and £2 15/6 respectively, with buyers at £2 11/6 and £2 14/10. Activity in the miscellaneous issues sawColes remain steady and Broken Hill rights lose a point. Wilcox, Mofflin, on the first sale ex 1/ dividend, relapsed more than was expected, by 1/5. Kauris were firm, and Zincs (ord.) moved up bv 2d. Quotations eased for Dunlops. Hume Pipes (Australia), ex dividend, were on offer lower, at 18/9. In the mining section several issues changed hands at late rates. Mount Morgans, after yesterday's brief spurt to 14/10, sold at the more recent level of quotations, three parcels bringing 14/1. (By Telegraph.—Press Association.) CHRISTCHURCH, Thursday.

Commercial Bank of Australasia, 18/4 (3 parcels); E., S. and A. Bank, £5 15/6; Kauri Timber, £1 4/i) (2 parcels) ; Auckland Gas (odd lot), £1 2/8; Broken Hill Proprietary, £3 16/0 (4 parcels) ; rights, 2/9 (3 parcels) : Colonial Sugar, £43 (2 parcels) ; G. J. Coles (ex rights), £3 17/; New Zealand Farmers' Co-operative, 1939, 4J per cent, £92 5/ ; 1940, per cent, £92 10/; Mount Morgan, 14/2 (2 parcels); Alexander (15/ paid), 12/6; Maori Gully, 5Jd; Skippers, Js3d (2 parcels) , CHRISTCHUICCH, this day. Sales.—Huddart, Parker, £1 14/0 (odd parcel): Canterbury Frozen Meat. £'.) 11/0; Broken Hill Proprietary (rights to Wellington Alluvials), 2/8; G. J. Coles (Cum div. and ex rights), £3 17/: G. ,T. Coles (rights), £1 15/0; .Wilcox, MotTlin, 11/ ; Maerewlienua, 2d : Mossy Creek, 1/3} ; Worksop Extended, 1/9; Mount Morgan, 14/1 (3 parcels) ; National Bank of Australasia (£5 paid), £7 1/; 4 per cent inscribed, 1946, £ 104 3/ ; Electro. Zinc (ord.), £2 3/4: Kauri Timber, £1 4/8. Unlisted.—X.Z. Perpetual Forests, £2 12/3. WELLINGTON, Thursday. Stock, 15/11/3S-32, 3J per cent, £103 15/ (2 parcels) ; 15/2/40, 4 per cent, £104; Broken Hill Proprietary, £3 10/0, £3 10/7; rights, 3/; Burns, Philp, £3 12/ : Dunlop, Perdriau (ex div.), 17/4J ; General Industries, 19/3; Mount Morgan, 14/7, 14/5. WELLINGTON, this day. Stiles.—Wellington Can, £1 18/; Staples', £1 14/9; Taranaki Oil, 1/6; Mount Morgan, 14/1, 14/ ; National Bank of New Zealand, £3: Kauri Timber, £1 4/9; Woolworths (N.Z.), £53/; Shillings, 17/9. DUNEDIN, Thursday. G. J. Coles (ex rights), £3 17/; Mount Morgan, 14/5. DUNEDIN, this day. Sales.—Refrigerating (con.), 9/3; Gillespie's, 1/5J ; National Bank ol New Zealand, £3; G. J. Coles, £3 17/; Worksop, 1/9; Mossy Creek, 1/4.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19361002.2.32.6

Bibliographic details

Auckland Star, Volume LXVII, Issue 234, 2 October 1936, Page 4

Word Count
512

SOUTHERN EXCHANGES Auckland Star, Volume LXVII, Issue 234, 2 October 1936, Page 4

SOUTHERN EXCHANGES Auckland Star, Volume LXVII, Issue 234, 2 October 1936, Page 4

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