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SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. AUSTRALIANS ARE EASIER. NEW ZEALAND ISSUES FLUCTUATE. (By Telegraph—Special to "Star.") CHRISTCHURCH, this day. The markets were again fairly active 011 call* this morning, but prices tended to be fractionally weaker for Australian miscellaneous shares. The early sections contained little of inteiest, apart from an improvement in quotations. New Zealand Refrigerating had buyers at 19 11 and sellers £1 0 3, and Guarantee Corporations fell back a few pence to final sales at 4, 11, but the other issues, until the brewery class, were practically unaltered. New Zealand Breweries (con.) moved up to £1 14. 6 with further buyers at the same price and sellers at £1 15/, and the fully paids had a market between £2 9,-9 and £2 10 3. Electrolytic Zinc preferences dropped sd, and fell away to £2 17/3. Anthony Hovderns, with a market from 18. 7 to 19/, seemed easier. Broken Hill Proprietaries joined in the tendency towards fractionally weaker prices, with sales Id lower, but Hume Pipes (Australia) and British Tobaccos maintained the strength noted yesterday.

Iti New Zealand issues Wilsons Cements had lower selling offers of £1 2 6. and buyers back to £1 1 10. Woolworths were quiet, the rights being quoted between £4 1. and £4 2/. Consolidated Bricks were close to late rates. On the other hand. Shillings, Limited, improved. Farmers' Fertilizers were firmer at buyers £1 I.', and New Zealand Drugs, cum dividend, finished with buyers at £3 14/3, and sellers at £3 15/. Confirmation of the firming tendency in Grey River Dredging was found in the first sale since the shares were 6/3 paid, at 6 9. Mount Lyells lost 3d, but Mount Morgans and Rawang Tins were close to yesterday's prices. (By Telegraph.—Press Association.) WELLINGTON, Tuesday. Auckland Gas (con.). 15/: G. .7. Coles. €4 19/6; New Zealand Drug, £3 15/ : Farmers' Fertilizer, £1 1/: Wilsons Cement. £1 2/: Mount Lyell, £2 4/2, £2 4/1 ; Broken Hill Proprietary, £4 4, 3; Felt and Textiles, £2 1/6. WELLINGTON, this day. Sales.—Morning call : Auckland Gas. £ 1 1/7. Reported : New Zealand Insurance. £34/; Tooth's, £215/; Taranakl Oil, 5/1. Sales'.—Noon call: New Zealand Guarantee Corporation, 5/; Burns, Pliilp (rights), £1 16/; Colonial Sugar, £2 S/10; Taranakl Oil, 5/1.

CHRISTCHtFRCH, Tuesday. Huddart, Parker, £2 2/6: Broken Hill Proprietary, £4 4/3; Electrolytic Zinc. £2 10/10: Ta ran aid Oil, 5/11, 5/2: United Provisions. 0/0 (2 parcels') : Mount I,yelt. £2 4/: liawang, 12/7; Broken Hill South, £2 9/9. CHRISTCHURCH, this day. Sales.—New Zealand Guarantee Corporation, 5/, 4/11 ; New Zealand Breweries (con.). £1 14/6; British Tobacco, £2 11/3 (2 parcels); Broken Hill, £4 3,0 (2 parcels) : Electrolytic Zinc (prof.). £3 0/1 ; G. J. Coles, £4 17/6. £4 17/3 : Hume Pipe (Australia), £1 1/1 (2 parcels); Mason, Struthers, 10/ (£1 paid); Shillings, 10/3; Grey River (6/3 paid). 6/0: Mount I.yell, £2 3/10 : Mount Morgan, 11/5 (2 parcels) ; Rawang Tin, 12/6. Sales Reported.—Commercial Bank of Australia. 17/11. Unlisted. —Woolworths (Sydnev), ord., £6 10/. DUNEDIN, Tuesday. Broken Hill Proprietary. £4 4/ (2 parcels), £4 4/3; Electrolytic Zinc (pref.), £3 0/6. DUNEDIN, this day. Sales.—National Insurance, IS/3 : Huddart, Parker (ord.). £2 3/: British Tobacco, £2 11/3; Hume Pipe. £l 1/2; New Zealand Drug. £3 14/3; New Zealand Farmers' Fertilizer, £1 1/; Wilsons Cement. £1 2/10, £l 2/3 (2 parcels): Broken Hill Proprietary, £4 3/10, £4 4/; Woolworths (Sydney), £6 10/; Mount Lyell. £2 3/0 (2 parcels) ; Grey River Gold, 6, 9 ; Nokomai, 2/3.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19370825.2.23.8

Bibliographic details

Auckland Star, Volume LXVIII, Issue 201, 25 August 1937, Page 4

Word Count
568

SOUTHERN EXCHANGES Auckland Star, Volume LXVIII, Issue 201, 25 August 1937, Page 4

SOUTHERN EXCHANGES Auckland Star, Volume LXVIII, Issue 201, 25 August 1937, Page 4

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