SOUTHERN EXCHANGES

Auckland Star, Volume LXVIII, Issue 127, 31 May 1937, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. HESITANT MARKET TONE. TARANAKI OILS EASIER. <By Telegraph.—Special to "Star.") CHRISTCHURCH, this day. The Monday morning atmosphere ruled on the. Christchurch Stock Exchange this morning, when the sales list covered only a moderate range of shares, and values seemed hesitant. Tarauaki Oils continued Saturday's easing with sales another 3d lower, at 3/6, after which more were wanted at that figure, with sellers at 3/8. Prominent among other sales were National Mortgage '"A" at a rise of 6d, no quotations being made on 'Change. Dunlop, Perdriau moved up again, showing at £1 2/ the strongest level for almost two years. Buyers finished at firm rates. Though chain store shares were quiet, Woolworths (Sydney) made a slight recovery. G. J. C'oles had stronger buying support at £5 10/3. Unsupported sellers of Woolworths (JSI.Z., ord.), wanted £8. Banks eased on selling limits. Commercial of Sydney had a sale at £21 17/, with no buyers. Nationals of New Zealand (cum div.) were unchanged, with quotations steady from £3 3/6 to £3 5/3. Breweries commanded less interest, Staples lying between £2 13/6 and £2 14/. Most mining shares snowed no alteration. (By Telegraph.—Press Association.) WELLINGTON, this day. Sales on 'Change.—Mount Lyell, £2 5/3; Staples and Co., £2 13/6; Broken Hill, £4 2/; Consolidated Brick, £4 3/; Electrolytic Zinc (pref.), £2 18/. CHRISTCHURCH, this day. Sales.—4 per cent inscribed, 1952-55, £104 7/0; Bank of New Zealand. £2 4/9; New Zealand Refrigerating (10/ paid), 8/11 (2 parcels) ; Dunlop Rubber, £1 1/1.0, £1 1/11, £1 2/ (2 parcels); ElectrolyticZinc (ord.), £2 16/G; Taranaki Oilfields, 3/6; Mount Lyell, £2 5/2 (2 parcels), £2 0/1. « Reported Sales.—National Mortgage (A), £2 13/ (2 parcels, odd lots) ; Felt and Textiles, £1 15/8 (Australia). Unlisted.—Woolworths (Sydney, ord.), £7 2/ (2 parcels), £7 2/3; (rights), £4 11/. DUNEDIN, this day. New Zealand Breweries, £3 5/8 ; Bank of Australasia, £12 12/; Woolworths (Sydney, rights), £4 12/; Mount Morgan, 13/8: Mount Lyell. £2 5/3.