SOUTHERN EXCHANGES

Auckland Star, Volume LXVIII, Issue 69, 23 March 1937, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. i

"LOAN AND MERCS." FIRMMETAL group slips. (By Telegraph.—Special to "Star.") CHRISTCHURCH, this day. The markets were again quiet on Exchange this morning, an outstanding feature being a further rise in Loan and Mercantile ordinary stock, which, at £49, was £4 higher than the price of the last sale. Later buyers offered £48, with sellers at £49 10/. The metals group slipped back again, Zinc preferences losing 2/, .to £3 4/3, and Lyells dropping 3d, to tinal business at £2 10/3. Quotations for Zincs lay between £3 2/6 and £3 2/10 for ordinaries, and between £3 4/ and £3 4/4 for preferences. Lyells finished with buyers at £2 10/2, sellers 3d away. Morgans, influenced partly by the relapse in other metals and partly by the announcement that no dividend will lie paid until July, dropped to sales at 17/3, and a later market between 17/2 and 17/3. The banking section was steady, without must interest being taken in quotations. Refrigerating took a turn for the better, fully paids selling higher at 18/9. Contributings had buyers at 8/5, sellers 8/6. In the miscellaneous section values generally moved downward", Tobaccos losing 1/, compared with yesterday's business. Exceptions were Colonial Sugars, wiih a market from £45 to £45 5/, and G. J. Coles with final quotations between £5 4/3 and £5 6/. (By Telegraph.—Press Association.) WELLINGTON-, Monday. Stock, 15/9/39-43, 3J per cent, tIOO (2 parcels) : E., S. and A. Bank. £6 11/, £6 10/9; New Zealand Breweries, £2 19/; Canterbury Meat (ord.h £9 6/; Consolidated Brick, 0/6; Broken Hill Proprietary. £4 0/; Electrolytic Zinc (pref.), £3 5/6 (2 parcels); G. J. Coles, £5 4/6 (2 parcels); Macduffs (pref.), £13/; Mount Lyell, £2 11/. £2 11/3. Unofficial.—Wool-worths (Sydney), £7 8/, £7 7/, £7 8/.

WELLINGTON, this day. Sales.—3J per cent Stocks (1038-52), £ 101 15/ ; Queensland Breweries, £ 1 6/6 ; G. J. Coles, £0 4/6; Mount Lyell, £2 10/9, £2 11/, £2 10/3, £2 9/<k: New Zealand Refrigerating. 18/6; Electrolytic Zinc, £ 3 4/2 ; Dunlop Rubber, £ 1 0/2 ; Consolidated Brick, 0/6. CHRISTCHURCH, Monday. E., S. and A. Bank, £ 6 10/0; Bank of New South Wales, £37 5/ (3 parcels) ; National Bank of New Zeuland. £ 3 6/6; Union Bunk. £112/6, £112/; Goldsbrough, Mort, £1 18/2, £1 18/4 (3 parcels) ; New Zealand Refrigerating (con.), 8/6; New Zealand Breweries, £2 19/, £2 119/1; Australian Steel (pref.), £1 6/2 r i Broken Hill Proprietary, £ 4 8/2; Beath and Co., £1 2/9; Dunlop, Perdriau, £1 0/2, £1 0/1; G. J. Coles, £5 4/3; Mount Lyell, £2 10/6 (10 parcels); Mount Morgan, 17/» (2 parcels) ; Walmumu, IOJd (2 parcels) ; Gillespie's Beach, 1/8 (2 parcels). Unofficial.—Woolworths (Sydney), £7 7/6, £7 B,'. CHRISTCHURCH, this day. Sales.—New Zealand Loan and Mercantile (ord.), £49; New Zealand Refrigerating (£1 paid), 18/9; Westport, Stockton Coal, 2/1; British Tobacco, £2 11/6, £2 11/3 ; Dunlop Rubber. £ 1 0/2 ; Electrolytic Zinc (pref.). £3 4/3: Mount Lyell, £2 10/6, £2 10/5, £2 10/4. £2 10/3 (5 parcels) ; Mount Morgan. 17/3 (3 parcels). Reported Sales.—Woolworths (Sydney, ord.), £7 7/3, £7 7/6. * DUNEDIN, Monday. National Bank of New Zealand, £3 6/3; Union Bank, £11 3/; Goldsbrough, Mort, £1 18/8. !; • DUNEDIN, this day. Sales.—Electrolytic Zinc (ord.), £3 2/0; Mount Lyell, £ 2 10/ ; Bank of New South Wales, £37 10/ ; New Zealand RefrlgeruI ting (paid), 18/3.