SOUTHERN EXCHANGES

Auckland Star, Volume LXVIII, Issue 45, 23 February 1937, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH

SENSATIONAL PRICES. METAL SHARES DOMINATE. I (By Telegraph.—Special to "Star. ,, ) CHRISTCHURCH, this day. I. uprecedeuted activity on the Chiistchuich .Stock Exchange iias brought prices to sensational levels in the last tew calls. Buying orders are coining forward with a ! zest unknown for many years, and metal !shares, which are dominating the markets, have gone- to record values, with no sign of immediate cessation of the upward rush. Of the 5000 shares sold in Christchmxh this morning, Mount v Lyells contributed 11.0 at prices up to £2 17/. Klectrolytic Zincs totalled 780 at values up to £3 4/6 lor ordinary and £3 6 6 for preference shares; Broken Hill Proprietary, 300 shares, included in which were four parcels of the contributing issue at an advance of 1/, to £3 18/9. Fully paid Broken Hill Proprietary jumped by 2/3. to £4 10/o. Mount Morgans, influenced by the better price for copper, moved up to 18/3, and Kawang Tins, which came up to 12/ recently, shot to 13/8 to-day. Buyers for all the above shares remained at firm levels lit Lit business had been completed. Though other classes of shares were active they were overshadowed by the metals group. G. J. Coles roee by 2 6, and Woolwoiths (Sydney. Old.) by a few shillings. Taranaki Oilfields took a sudden trend upwards to a sale and further buyers at 3/3. Bank of New Zealand shares (two parcels) changed hands, rising to £2 3/ and £2 3/6. Buyers for Unions offered £11, sellers coming no nearer than £11 3/6. (By Telegraph.—Press Association.) CHRISTCHUKCH, thU day. Sales.—Commercial Bank of Australia, 19/4. 19/3; Bank of New Zealand, £2 3/. if 2 3/6; Goldsbroush, Morfc £1 IS/ ; Kaiapoi Woollens (17/ paid), 14/1 (2 parcels); British Tobaccos, £2 12/9; Broken Hill Proprietary. £4 10/3. £4 10/6; Broken Hill Proprietary (con.). £3 18/9 (4 parcels); Dunlop Rubber, 19/2; Electrolytic Zinc (ord.), £3 4/6 (5 parcels). Electrolytic Zinc (pref.), £3 6/6 (6 parcels) : G. J. Coles. £ 3 13/. £5 13/6, £5 13/9. £5 14/ (6 parcels) : Hume Pipe (Australia), £1 1/4- Morts Dock. 13/3; Procera Bread, 9/3; Taranaki Oilfields. 3/3: Argo. 1/11; Broken Hill South, £2 16/6: Mount Lyell, £2 l»i/<> (!) purccltt) £2 16/9, £2 17/ (2 parcel* I. '-2 Hill, £2 17/ (2 parr :<i : M hit •'■,■ s IS 2. 18/1, 18/2 (3 parcels), 18/2J (2 parcels), 18/3 (2 parcel.*); ..a-.. ~ L\ I 13/8. ■ ■ l.'ulisted.—Woolwortlis (Svclnev), ord £8 10/ (2 paro.-ls). Reported Sales. — Selfridgos (Australasia), old, £1 19/ (2 parcels). CHRISTCHUKCH, Monday. Bank of Now Zealand, £2 2/C (2 pareelei, £2 2/9. £2 2/11: tioldsbrough. Mort. £1 17/11; New Zealand Breweries. £3 O/7, £3 0/1 ; Broken Hill Proprietary, £4 8/ (2 parcels). £4 8-3 (5 parcels,)': (con.), £3 15/9, £3 17/6 (4 par.ole), £3 17/9 (3 parcels) ; Dunlop, Perdriau. 19/2 (3 parcels): Electrolytic Zinc, t; 3 3/6 (2 parcels), £3 4/1; (pref), £3 5/3 <3 parcels), £3 J»/4 ; G. J. Coles, £r> 11/ (3 parcels); Morts Dock. 14/10: Shillings, Ltd.. 19/1: Wilcox. MofTlin. 12/ti; Mount Ly»'ll. £2 12 «, £2 14/ (10 parrels). £2 14/10, £2 14/11, £2 l."i/ (K parcels) ; £2 15/1 (.") parcels), £2 lT>/2 (3 parcels), £2 15/4; Mount Morgun, 17/8 (.*» parcels), 17/7, 17/7J : Broken Hill South, i; 2 15/8. Unofficial.— (Australasia), old, £1 1!>/, ex rights; Woolworths (Sydney), £8 9/ (4 parcels). WELLINGTON, this day. Sales.—Bank of New Zealand, £2 3/; Wellington Gas (ord.), £1 18/; Broken Hill Proprietary, t4 11/: Dunlop, Perdriau, 19/3; Electrolytic Zinc (ord.). £3 4/9. £3 5/, £3 7/ ; G. J. Coles. £5 13/6; Broken Hill South, £ 2 16/ ; Mount Morgan. 18/IJ. 17/11; Mount Lyell, 12 lti/9: Broken Hill, £4 11/; Woolworths (Sydney), £8 10/. £8 10/6: 4 per rent Stuck, 1946, £101 12/6; Taranaki Oil, 3/. WELLINGTON, Monday. New Zealand lusurnnce. £3 1 /♦) : Auckland Gas, £11/ (2 parcels) ; Castlemaine Perkins, £15/0; Tooth'*, £2 17/ti ; Broken Hill Proprietary, £4 8/3 ; U. 3. Coles, £5 9/9, £5 10/; Gear Meat. 17/1 (2 parcels) ; Tarauaki Oil. 3/1 ; Mount Lyell, £2 11/0, £2 14/, £2 11/9, £2 13/; Nemona, 1/9. Unofficial.—Wellington Publishing, £ 4 10/; Woolworths (Sydney), £8 8/ (2 parcels), £8 8/6. DUNEDIN, this day. Sale. —Mount Lyell, £2 18/3. Reported Sales.—Union Bank, £10 19/ ; Union Steamship (pref.), £1 6/; Associated News (ord.), £1 3/10; Iron and Steel (pref.), £1 7/6; Mettere, 12/5; New Zealand Breweries, £3 0/6; Mount Lyell, £2 15/. DUNEDIN, Monday. Commercial Bank of Australia, 19 3: Loan and Mercantile, £44; New Zealand Breweries, £;} O/II ; Electrolytic Zilie. fc :i 1/0, £34/; (pref.), £3 4/0; 11. .nliiioii Breweries, rights. l«>/6; Mount Lyell, <C 2 14/; Mount Morgan, 17/' i: (iillesples Bench, 1/«J; Nokomai, 2/4 (3 parcels); Okarito, S/0 (2 parcels). Unofficial. —Woolworths (Sydney), £8 8/9; ditto (West Australia), £7 7/.