SOUTHERN EXCHANGES

Auckland Star, Volume LXXIII, Issue 37, 13 February 1937, Page 4

SOUTHERN EXCHANGES

TO-DAY IN ' CHRISTCHURCH. VERY ACTIVE MARKET. AUSTRALIAN ISSUES FIRM. (By Telegraph.—Special to "Star.") CHRISTCHURCH, this day. G. J. Coles, Electrolytic Zincs, Broken Hills and JUount Morgans set a strong pace on Exchange tin's morning, Coles jumping by 7/9 to sales, and further buyers at £0 13/. Less than three months ago these shares could be bought for £4. Zinc ordinaries moved up to business at £2 15/6, and preferences had buyers at £2 16/7, with sales yesterday at £2 16/1. Broken Hills gained Od and Morgans 4d. All issues closed with buyers at firm rates. The call was very active for a Saturday morning, and the general tone strong. Typical buyers' quotations included £13 for Bank of Australasias, £10 13/0 for Union Banks, £2 18/ for New Zealand Breweries (after sales at a rise of 4d to that figure), and 13/4 for Jlorts Docks following business at 13/6. Mount Lyells, after easing by Id, closed steady. Taranaki Oils sales we're near the recent firmer rates. Almost the only marked reduction in value was iii Selfridges (Australasia), for which £1 19/11 was paid for a parcel of old shares, compared with £2 0/0 yesterday. Woolworths (Sydney, ord.) were active, but lost ground fractionally. .

(By Telegraph.—Press Association.) CHRISTCHUKCH, this day. Sales on 'Change.—Goldsbrough, Mort, £1 18/1; Loan and Mercantile (ordinary stock), £43; liefrigcriitiiiK (10/ paid, cum div.), 0/2; Westport-Stockton Coal, 2/; Xew Zealand Breweries, £2 IS/; British Tobacco. £2 11/7; Broken Hill Proprietury, £4 1/0 (2 parcels), £4 1/7, £4 1/0 (4 parcels); Dunlop, Pcrdriau, 19/1; Electrolytic Zinc (ord., cum dlv.), £2 15/5, £2 15/G (2 parcels) ; G. J. Coles, £5 11/, £5 13/; Morts Dock, 13/5; Mount Lycll, £2 4/4 (G parcels); Mount .Morgan, 17/, 17/1, 17/ (4 parcels). Reported Kales.—Westport-Stockton Coal, II; G. J. Coles, £50/; Tarauaki Oil, 2/11, 2/7; Mount Lyell, £2 4/3; G. .7. Coles, £5 12/U, £ 5 13/ ; liawang Tin, 11/4. Unlisted. —Helfridges (Australasia) (old issue), £1 19/11, £2; Woolworths (Sydney), ord., £8 12/ (2 parcels), £S 12/3, £8 12/.

CHRISTCHURCH, Friday. Commercial Hank of Australia, 19/3; Bank o£ Xew Zealand, £2; Chrlstchurch Uas (10/ paid), 13/0; Dominion Breweries, £2 4/; British Tobacco, £2 11/7 (3 parcels); Colonial Sugar, £42 15/ J Consolidated Brick, 10/7; Dunlop, PcrJrinu. 19/1; Electro. Zinc (pref.), £2 lli/1 (2 parcels); U. J. Coles, £5 5/3, *5 6/; Taranaki Oil, 2/10; Broken Hill Proprietary (con.), £3 S/; Mount Lycll, £2 4/G, £2 3/9, £2 4/, £2 4/5; Mount Morgan, IG/8; Rawang Tin, 11/3 J. Unofficial.—Associated Motorists (pref.), £1 10/; SclCridgcs (Australasia), £2 0/9. DUXEDIX, this day. Sale. —Loan and Mercantile, £44. DUXEDIX, Friday. Unofficial. — Associated Motorists, £ 1 10/. WELLINGTON, this day. Sales—Broken Hill, £1 1/3; Coles, £5 10/; Woolworths, Ltd., £SIU/ti; Sclfrklges (X.Z.), 4/ paid, 5/2. WELLINGTON, Friday. Stock, 15/0/39-43, 31 per cent, £101 15/; National Bank of Australasia (£lO paid), £15 12/0; Bank of New South Wales, £30; Bank of Xew Zealand, £2 0/3, £2 0/2; (London delivery), £2 0/3; Queensland Insurance, £2 19/71; Dominion Breweries, £2 4/ (2 parcels) ; Broken Hill, £4 1/; Consolidated Brick, 10/G; G. J. Coins, £5 2/, £5 2/9. £5 4/, £5 5/; Gear Meat, 17/3 (2 nnrvele); Kandos Cement, £1 5/; Morris, Hedslrom, £1 10/3; Sharlands, 19/3; Stuck, 15/1/3S-D2, 31 per cent, £101 15/.

AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. SYDNEY, February 12. A feature of to-day's business on the Sydney Stock Exchange was the strong inquiry for and the sharp advance of G. J. Coles' shares. Mount Lyell and Broken Hill shares were also considerably firmer. Tin was quiet and steady. Sales included: £ s d Com. Banking, Sydney ... 22 7 0 Union Bank 10 15 0 Tooth's 2 17 0 Toohcy's 1 17 41 Anthony Huriluru 1 1 1J IlcrU-l 2 0 u Claude Neon 2 12 (i Elect.. .lytic Zinc 2 15 II I'ref 2 17 3 (i. .1. Colon 5 10 0 Sulfrlilgi-a (A'asia.), old .. 2 1 (I New Zealand. 1/ paid .. 0 5 9 Taranaki Oil 0 2 7 Wliichcoinhi: Carson 1 311 (i Woolwoiihs (Sydney) ... Sl3 (i ■Emperor 1.0 S Kuala Kainpar 1 ;j 0 Mount Lycll , 2 4 9 Mount Morgan 0 17 13 Xew Zealand delivery .. 0 17 lj Zinc Corporation 7 li 0 On the Melbourne Exchange long-dated bonds were easier and industrials were steady. 0. J. Coles woiv at a new record level on a dividend prospect, anil through rumours of capital benefits. Barriers were .strong. .Mount Lyells were firm on the expectation of an increased dividend. Business included:— £ s d Howard Smith 1 H 1 CarltOll Brewery y 5 (1 Australian Glass 4 14 0 Britisli Tobacco 2 32 3 Broken Hill Proprietary .. -1 1 9 Diiiilop-Perdriau 0 19 0 Electrolytic Zinc 2 15 (i Pref j 17 0 G. .1. Coles 5 S G Broken Hill South 2 9 0 Emperor 1 0 0 Lolmim 1 i ij Mount I,yell 2 -1 9 Mount Morgan 0 17 0 Xui'tli Broken Hill 3 19 0