SOUTHERN EXCHANGES

Auckland Star, Volume LXVIII, Issue 120, 22 May 1937, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. AN IMPROVED TONE. INDUSTRIALS RECOVER. (By Telegraph.— Special to "Star.") CHRISTCHURCH, this day. With a fairly representative list of sales this morning values on Exchange moved U PBanks were practically unaltered, with a fair demand still coming for Nationals and Xew Zealands. The woollen section had no buyers, and sellers' limits showed fractional reductions. A generally improved tone was noted in miscellaneous industrials. Broken Hill Proprietary contributing rose to £3 10/. lully paids had a market between £1 2/ and £4 2/3, and buyers of Colonial Sugars at a; 45 17 6 could attract sillers no lower than £40 7 0. Coles moved up to a final market between £3 1(1/ and £5 10/6. Zincs made further recovery, the ordinaries finishing with a market 3d cither sido of the sale price of £2 17.0. Xew Zealand Newspapers had sellers at £1 l(/(i, and buyers £1 15/6. Shillings, Ltd., were firm. Dominion Fertilisers had a sale at £1 4/. Mining shares sold well, but most business was in at low prices, showing few changes from late rates. Morgans continued the upward movement after the recent relapse. (By Telegraph.—Press Association.) WELLINGTON, Friday. Stock, 15/3/39-43, 31 percent, i: 10] 5/ • Commercial Bank of Australia, 19/1; Bank of Australasia. £12 12/0: Bank of New Zealand (D Mort.). £1 »i/»i: Tui (odd lot), £2 17/: Broken Hill Proprietary (con.), •C'S 15/9; Mount Morgan, 13/; Gillespie's Beach, 1/5. WELLINGTON, this day. Sales.—Gillespie's Bench, 1/5- Mount Morgan, 14/3; Ballin's Brewery (15/ paid), 13/2. CHEISTCHUKCH, Friday. Kaiapoi Woollen (pref.), 17/; New Zealand Breweries, £34/; O. J. Coles, £ 5 10/6, £5 9/9. £5 10/ (5 parcels); United Provisions, 10/0; Woolworths (N.Z.) (pref.), £1 18/9: Mount Lyrll, £2 5/11 (2 parcels), £2 (i/2 (2 parcels) ; Mount Morgan, 14/3, 14/4 (2 parcels) ; Broken Hill South. £2 12/ (4 parcels). Unofficial.—Carbonic Ice, £1 0/9; Selfridses (Australasia), new, £1 12/ (2 parcels) ; Woolworths (Sydney), rights, £4 17/ (2 parcels). CHRISTCHURCH, this day. Sales. —Goldsnrough, Mort, £ 1 18/2 ; Now Zealand Breweries (cum div.), £3 4/ (3 parcels) ; Broken Hill Proprietary (con., cum div.), £3 16/; Dominion Fertiliser (cum div.), £14/; Electrolytic Zinc (ord.), £2 17/9 (2 parcels) ; Hume Pipe (Australia), 19/4 (2 parcels); Maori Gnlly, 5Jd ; Skippers. 2|d; Broken Hill South (cum div.), £2 11/; Mount Morgan, 14/3, 14 2 (3 parcels) ; Rawang Tin, 11/y. Reported Sale.—Gillespie's Beach, 1/SJ. Unlisted. —Woolworths (Sydnev, ord ) £7 7/6, £7 8/. " -DUNEDIN, Friday. Staples Brewery, £2 13/9; Broken Hill South, £2 11/10. DUNEDIN, this day. Sales. —Mount Morgan. 14/3 ; 3J per cent Stock (September, 1939-43), £100 5/; Dominion Fertiliser, £ 1 4/7.