SOUTHERN EXCHANGES
TO-DAY IN CHRISTCHURCH
(By Telegraph.—Special to "Star.")
CHRISTCHURCH, this day,
Disappointment in the reduced dividend of (j. J. Coles sent sellers' limits down sharply on the Stock Exchange this morning after reported sales at £."> 8 0. (Quotations dropped to buyers £4 IT ti, and sellers £J 1, , without dealings being made. I he only other big price movement was in iaran aki C* i 1 s. which continued their reaction, and sold 1. ti lower, at 3, . Later quotations were from 2 0 to 3. 7.
Markets are moderately active, some of the improved values including National Bank ot New Zealand at a rise of 3d. to £3 2 3. Commercial Bank of Austialia at 19, 5, Broken Hill at £4 !) . and Mount Morgan at a rise of 4d, to 18, 10. Electro. Zincs and Mount Lyells were less active than usual, late rates ruling. New Zealand Breweries showed strength at £3, but lobaccos withdrew a few pence alter yesterday's nctivitv.
In the mining section Big Rivers retained their recent strength at 2 . In the unlisted section, Westland Breweries were firmly held. Grey Rivers brought 4. ti again, while Woolworths (Sydney, ord.) cased to sellers at £8.
(By Telegraph.—l'ress Association.) WELLINGTON. Thursday. Bank of New Zealand, £2 2 !», £2 2/(>; Guarantee I'orporntiou. 5/5: Dunlop Perdriau. £1 0/2, £1 o 1 ; Electrolytic Zinc (pref.), £3 4/; u. J. Coles. £5 0- ti; Morris. Hedstrom. £1 10/3; Procera Bread, £l 4/3. £14/; Taranaki Oil, 0/1, • >/ll : Woolworths (Sydney). 2nd pref.. £1 </ (2 parcels) ; Broken Hill Proprietary, £4 8/9 (3 parcels) ; .Mount I.yell, £2 ..s'/. Unlisted.—Woolworths (Sydney), £8 <>/U, £S 4. (> (2 parcels), i; 8 2/6 (4 parcels), £8 2 (2 parcels). CHRISTCHURCH, Thursday. Stock, 1952-55, 4 per cent, £102 15/; Commercial Bank, 10/4 (3 parcels) ; Union Bank. £11; Goldsbrough. Mort, £1 17/0 (o parcels) : New Zealand Breweries, £3: Anthony Hordern. £1 o/H (2 parcels); British Tobacco, ,t2 13/6 <2 parcels) ; Broken Hill Proprietary, £4 8 10 (2 parcels); Dunlop, Perdriau. £1 0/3, £1 0/5 (1 parcels), £1 l)/4 (2 parcels): Electro. Zinc, £3 3/5 (2 parcels), £3 3/4 (4 parcels) ; (pref.), £3 4/ 13 parcels). £ 4/1 (2 parcels) ; G. J. Coles, £500 (2 parcels); Hume Pipe (Australia), i: 1 l'l: Woolworths (N.Z.I, £7 (5/: Mount Lvell £2 13/7 (2 parcels), £2 13/3 (4 parcels), £2 13/4; Mount Morgan, IS/0 (2 parcels) ; Big River, 1/11 (2 parcels) ; Rawang, 13,-3. CHRISTCHURCH, this day. Sales.—Commercial Bank of Australia, 10/ a(3 parcels) ; National Bank of New Zealand. £ 3 2/3 ; Union Bank of Australia, £11: P. and O. deferred stock. £2 1/ ; New Zealand Breweries, £3 8/ (3 parcels); Anthony Hordern, £1 1/5 (2 parcels); British Tobacco, £2 13/3; (cum dlv.), £2 13/ (3 parcels) ; Broken Hill Proprietary, £4 0 ; Electro. Zinc (ord., cum div.), £3 3/3 (2 parcels) ; Taranaki Oil, 3/; Mount I.yell, t; •> i;s/t> (2 parcels) ; Mount Morgan, 18/9 J. 18/10. Reported Sales.—G. J. Coles. £5 8/6; Big River, 2/; Martha, 19/8; Mount Morgan, 18/9. Unlisted.—Grey River (,2/Q paid), 4/6 (2 parcels). DUNEDIN. this day. Sales. —Commercial Bank, 10/4 ; E., S. and A. Bank, £6 8/6; Refrigerating (con.), 8/7 ; Guarantee Corporation, 5 (> ; Broken Hill South, £2 15/0 (2 parcels); Mount Morgan, 18/10 (3 parcels) ; Woolworths (Sydney). £ S (late yesterday); Big River, 2/ t2 parcels). DUNEDIN, Thursday. Standard Insurance. £2 1 (>/(>; Mosgiel Wool, £10; Broken Hill Proprietary, £4 18/10: Electrolytic Zinc, £3 3/3: Hamilton I Borough, 1043, 4} per cent. £ 101 10, ; [Mount I.yell , £2 13/4: Mount Morgan, 18/7, 18 6J ; Itanaiic. 13/3. Unlisted.—Woolworths (Sydney), £8 |5/ (2 parcels).
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